Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[crazy_rabbit]

ouch!

Code:

Number?	Hash?		Time?		Transactions?	Total BTC?	Size (kB)?
268861 	45cfd7571a... 	2013-11-10 16:08:57 	469 	19461.57057709 	247.521
268860 	5ca67e7f15... 	2013-11-10 15:57:23 	371 	12132.8603931 	187.936
268859 	db9fcddda9... 	2013-11-10 15:49:20 	102 	4549.8214365 	65.753

19461 BTC
get ready!

Do you mean 20k extra coins will get dumped on Gox very soon?

No. No one is selling 20K on a sunday when the price is low.

[1714721632]

1714721632

[1714721632]

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[1714721632]

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[1714721632]

1714721632

[1714721632]

1714721632

[pera]

[...]
let the weak hands feed the strong.

Sure, you will be able to buy bitcoins at the same price as 3 weeks ago

[adamstgBit]

[...]
let the weak hands feed the strong.

Sure, you will be able to buy bitcoins at the same price as 3 weeks ago

lol


its nice to see some bears in here finally.

[Kj1]

ouch!

Code:

Number?	Hash?		Time?		Transactions?	Total BTC?	Size (kB)?
268861 	45cfd7571a... 	2013-11-10 16:08:57 	469 	19461.57057709 	247.521
268860 	5ca67e7f15... 	2013-11-10 15:57:23 	371 	12132.8603931 	187.936
268859 	db9fcddda9... 	2013-11-10 15:49:20 	102 	4549.8214365 	65.753

19461 BTC
get ready!

what is this?  Incoming transactions to gox? 

[pera]

[...]
No. No one is selling 20K on a sunday when the price is low.

"low" ?  

[Coinseeker]

I find it increasingly difficult to be bearish.  Sure there are bearish "moments" but it's really tough to deny the fact that Bitcoin is itself an ultrabull.   I was wrong. 

[Tzupy]

[...]
let the weak hands feed the strong.

Sure, you will be able to buy bitcoins at the same price as 3 weeks ago

lol


its nice to see some bears in here finally.

Adam, take your uber-bull hat off, before it's too late!

[chriswilmer]

I think the bears are having their picnic a little too early this year.

[gandhibt]

tzupy, pera and samson, buy fast cheap coins, or you will be sry tomorrow! =)

[crazy_rabbit]

[...]
No. No one is selling 20K on a sunday when the price is low.

"low" ? 

true, true. However, I still doubt it. Too much slippage at this moment.

[Feri22]

I don't understand the psychology of some people...they panic sell even when there is not even 1 single bad new in press. I understanded the panic sell after ddos attacks or end of silk road, here it is just speculation in its pureness, right?..Bitcoin must change these pure speculators to long time believers in cryptocurrency and they have to learn actually use the bitcoin as a currency, not just as get rich quick scheme. Until than....we are not even close to going mainstream.

However, i noticed btcchina was repeatedly down today...do you think it could have some effect on the price drop?

What makes you think it's a panic ?

You don't think some people sold in panic?...i don't think it was only people cashing out to take profits...i think many people are still in some level expecting big crashes and are scared by every 1% movement...especially now when we were reaching new ath almost every day, sooner or later we will come to a point (in some way, i believe it happened today, just in small version) where people will be more and more nervous as the price of btc (their profit) will become too siginificant to lose this kind of profit...and if you add some #1 exchange was down, many people must think the april is here again. Or do you have different opinion on the 20% drop?

[SheHadMANHands]

[...]
No. No one is selling 20K on a sunday when the price is low.

"low" ?  

Funny the herd mentality.  At ~$400 (Gox), we were "going to 1k!" before a correction back to $500, etc.  Now, at a 25% discount (and no devastating news, etc.), everyone is too scared to buy.  "Going to zero!!!"  "Get out get out!!"   lol!  

What's changed in 48 hrs to make a 25% discount such an obviously bad opportunity?

[TERA]

I don't understand the psychology of some people...they panic sell even when there is not even 1 single bad new in press. I understanded the panic sell after ddos attacks or end of silk road, here it is just speculation in its pureness, right?..Bitcoin must change these pure speculators to long time believers in cryptocurrency and they have to learn actually use the bitcoin as a currency, not just as get rich quick scheme. Until than....we are not even close to going mainstream.

However, i noticed btcchina was repeatedly down today...do you think it could have some effect on the price drop?

What makes you think it's a panic ?

You don't think some people sold in panic?...i don't think it was only people cashing out to take profits...i think many people are still in some level expecting big crashes and are scared by every 1% movement...especially now when we were reaching new ath almost every day, sooner or later we will come to a point (in some way, i believe it happened today, just in small version) where people will be more and more nervous as the price of btc (their profit) will become too siginificant to lose this kind of profit...and if you add some #1 exchange was down, many people must think the april is here again. Or do you have different opinion on the 20% drop?

No this is someone capitulating about 100K coins.

[pera]

tzupy, pera and samson, buy fast cheap coins, or you will be sry tomorrow! =)

meh, tomorrow I'll buy some btcs at double digits post-crash offer!

[pera]

[...]
Funny the herd mentality.  At ~$400 (Gox), we were "going to 1k!" before a correction back to $500, etc.  Now, at a 25% discount (and no devastating news, etc.), everyone is too scared to buy.  "Going to zero!!!"  "Get out get out!!"   lol!  

What's changed in 48 hrs to make a 25% discount such an obviously bad opportunity?

You must be kidding me! during the last three days I was flooding this damn forum telling all you that this was going to happen, can you check my posts please? thank you

[crazy_rabbit]

I don't understand the psychology of some people...they panic sell even when there is not even 1 single bad new in press. I understanded the panic sell after ddos attacks or end of silk road, here it is just speculation in its pureness, right?..Bitcoin must change these pure speculators to long time believers in cryptocurrency and they have to learn actually use the bitcoin as a currency, not just as get rich quick scheme. Until than....we are not even close to going mainstream.

However, i noticed btcchina was repeatedly down today...do you think it could have some effect on the price drop?

What makes you think it's a panic ?

You don't think some people sold in panic?...i don't think it was only people cashing out to take profits...i think many people are still in some level expecting big crashes and are scared by every 1% movement...especially now when we were reaching new ath almost every day, sooner or later we will come to a point (in some way, i believe it happened today, just in small version) where people will be more and more nervous as the price of btc (their profit) will become too siginificant to lose this kind of profit...and if you add some #1 exchange was down, many people must think the april is here again. Or do you have different opinion on the 20% drop?

No this is someone capitulating about 100K coins.

More like someone tricking a whole bunch of sheeple to dump 100K coins. The history of bitcoin has been thus that regardless of the ATH we always return to it. So someone's getting cheap coins right now.

[Feri22]

[...]
let the weak hands feed the strong.

Sure, you will be able to buy bitcoins at the same price as 3 weeks ago

lol


its nice to see some bears in here finally.

Adam, take your uber-bull hat off, before it's too late!

Don't you mean the sub-sub-sub hat?

[SheHadMANHands]

[...]
Funny the herd mentality.  At ~$400 (Gox), we were "going to 1k!" before a correction back to $500, etc.  Now, at a 25% discount (and no devastating news, etc.), everyone is too scared to buy.  "Going to zero!!!"  "Get out get out!!"   lol!  

What's changed in 48 hrs to make a 25% discount such an obviously bad opportunity?

You must be kidding me! until the last three days I was flooding this damn forum telling all you this was going to happen, can you check my posts please? thank you

The market was going up, day after day, and you "predicted" a mathematical certainty (that there would eventually be a correction or crash)?    

Oh, thank you guru.  Good luck with your double digit goals.  Did you sell at $205 a few weeks ago expecting to pick up some "cheap coins"?      

[pera]

You always told me that this was a bad sign 

i think there's a chance we may go under 300 tomorrow. I'd see it as an opportunity to buy.

Just a reminder that 6 days ago the price was 220:



If we have just one more dump in the next hour the new trend is evident.

new trend? this looks pretty bearish to me... so far so good:

Maybe I'm crazy but I'm expecting something like this:

I CANT BELIEVE IM REPLYING A TROLL!   

[SheHadMANHands]

^ No way that is a serious post.  I refuse to believe it...  

I do like the color you chose for the arbitrary lines though.  Usually people just go with red, but I see you got creative with purple.