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

[freethink2013]

gox people are ultra-bulls because they are willing to take chances because money is almost impossible to get out of there.

stamp are the middle, bit nervous but basically the real average

btc-e are total bears, kills them to be in triple digits

[1714709691]

1714709691

[spooderman]

for the record, i said we would hit 400 two days ago. I should be ignored from now on.

our memory is fickle, you're all good

I would have ignored your statement if it ended up coming true as well. If you predict such short term price fluctuations it's due to random chance only

so we day trade why exactly? I agree with you btw...

We don't.

+1
Day trading sucks the life out of you ...

I can't imagine how long it would take me to forgive myself if I sold and it started to go back up.

[hlynur]

remembering a quote here:
"Apes don't read philosophy."
"Yes they do. They just don't understand it."

Typical human arrogance.

then i'm guilty in aspect of arrogance adverse the narrow-mindedness of some fellow apes in my herd.    
on the other side i envy them for not having to realize this arrogance in the first place.

[InwardContour]

gox people are ultra-bulls because they are willing to take chances because money is almost impossible to get out of there.

stamp are the middle, bit nervous but basically the real average

btc-e are total bears, kills them to be in triple digits

the third point becomes less true in strong rallies and more true in deep corrections.....btc-e traders are definitely a panicky crowd one the trend shows any sign of changing.

[SheHadMANHands]

$260 on Gox by Tuesday.

[Walsoraj]

$260 on Gox by Tuesday.

What about your apple?

[SheHadMANHands]

gox people are ultra-bulls because they are willing to take chances because money is almost impossible to get out of there.

stamp are the middle, bit nervous but basically the real average

btc-e are total bears, kills them to be in triple digits

the third point becomes less true in strong rallies and more true in deep corrections.....btc-e traders are definitely a panicky crowd one the trend shows any sign of changing.

Can anyone explain why anyone would sell on Btc-e for less than they could get on Stamp?  Is it because of trading between LTC and others or something?

[SheHadMANHands]

$260 on Gox by Tuesday.

What about your apple?

It's in the back of my mind.  I'm always keeping an eye on apple bottoms.

[Walsoraj]

$260 on Gox by Tuesday.

What about your apple?

It's in the back of my mind.  I'm always keeping an eye on apple bottoms.

Like I said, apple bottom not meaningful unless an upper resistance is subsequently breached.

Repeat after me, "Walsoraj, you are right and I was wrong." Prefer in bold super large font.

Thx in advance.

[haightst]

$260 on Gox by Tuesday.

What about your apple?

iMoney?   LOL!



http://www.coindesk.com/wp-content/uploads/2013/06/imoney-585x356.jpg?991faa

[mccorvic]

I love it when I leave for the weekend and come back to find that there was been major price drama while I wasn't looking but one would hardly notice now.

[ChartBuddy]

[solex]

Can anyone explain why anyone would sell on Btc-e for less than they could get on Stamp?  Is it because of trading between LTC and others or something?

This puzzles me too. Who would move coins to btc-e to sell, and who would move fresh fiat to mtgox to buy?
Especially as the price is firmly in 3 digits, the difference in $$$ terms becomes very significant.

[mccorvic]

Can anyone explain why anyone would sell on Btc-e for less than they could get on Stamp?  Is it because of trading between LTC and others or something?

LTCers are delusional to the nth degree.  Any decision or action they take is usually the farthest one from reality.  Since the only reason to use BTC-E is because one is an alt-coin dork you cannot apply logic or sense to their actions.

[freethink2013]

Can anyone explain why anyone would sell on Btc-e for less than they could get on Stamp?  Is it because of trading between LTC and others or something?

This puzzles me too. Who would move coins to btc-e to sell, and who would move fresh fiat to mtgox to buy?
Especially as the price is firmly in 3 digits, the difference in $$$ terms becomes very significant.

i don't think many people move between exchanges. it's such hassle even getting validated by an exchange, i'm guessing people stick with where they are.

you could argue that larger volume = higher prices

[TheKoziTwo]

btc-e is an anonymous exchange, people may be willing to pay for such privilege? They deposit with bitcoin/litecoin, sell, buy back later and withdraw with bitcoin/litecoin and never have to identify themselves.

[freethink2013]

btc-e is an anonymous exchange, people may be willing to pay for such privilege? They deposit with bitcoin/litecoin, sell, buy back later and withdraw with bitcoin/litecoin and never have to identify themselves.

Interesting. I wasn't aware of that. So how do they pay out dollar? Or are you saying they don't require ids for bitcoin payouts?

I'm just glad that there's multiple exchanges doing volume.

[spooderman]

we got 1 hour to make today a green candle! buy buy buy!

[freethink2013]

Few hours and we'll be back where we're yesterday at this time. Next stop 400$  
Bitcoin is stronger than ever! We sow 2 crashes in last 2 months and each time bitcoin recoverd in one day.  

it's 7:20 in beijing and coins are looking cheap!

[solex]

I thought we might see consolidation at around $300 for while, but the highlighted article on Zerohedge saying BTC could go to $1m is dynamite.
Bring on $400.