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

[Vycid]

of course, i just sent my coins out of the exchange - literally 10 seconds later it dumps

Fortunately for you, you kept yourself from panic selling.

You've got a lucky star or something.

Just watch, this'll settle at 650. The damped sinusoidal pattern is unmistakable. It's exactly like a PID control loop.

[1715537704]

1715537704

[1715537704]

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[barbs]

of course, i just sent my coins out of the exchange - literally 10 seconds later it dumps

Fortunately for you, you kept yourself from panic selling.

You've got a lucky star or something.

I bought in with the rest of my fiat and missed this, so its debatable (10 seconds before)

[Vycid]

of course, i just sent my coins out of the exchange - literally 10 seconds later it dumps

Fortunately for you, you kept yourself from panic selling.

You've got a lucky star or something.

I bought in with the rest of my fiat and missed this, so its debatable (10 seconds before)

If you got coins for less than $650 I think you're gonna be OK. 

[TakeTheSkyRoad]

both hearings: https://bitcointalk.org/index.php?topic=268955.msg3640010#msg3640010

Cheers !

[jojo69]

in at 600

yesssss!

[barbs]

of course, i just sent my coins out of the exchange - literally 10 seconds later it dumps

Fortunately for you, you kept yourself from panic selling.

You've got a lucky star or something.

I bought in with the rest of my fiat and missed this, so its debatable (10 seconds before)

If you got coins for less than $650 I think you're gonna be OK.  

694

oops

thanks though, don't worry be happy and all that.  Need a break from this, why did i think it would be different this time

[beaconpcguru]

price goes down 10%.. coins on the order books dont change, just the coins that are panic sold in combination with the bears attempting (sucessfully to drag it down) China is not pursuing... interesting.. China has 3,000 coins dumped in the last 8 hours compared to ~20,000 that sold on atleast Gox

[Vycid]

of course, i just sent my coins out of the exchange - literally 10 seconds later it dumps

Fortunately for you, you kept yourself from panic selling.

You've got a lucky star or something.

I bought in with the rest of my fiat and missed this, so its debatable (10 seconds before)

If you got coins for less than $650 I think you're gonna be OK.  

694

oops

thanks though, don't worry be happy and all that.  Need a break from this, why did i think it would be different this time

Look on the bright side, you could've dumped below 600. Now you can walk away from it and let Bitcoin do its thing.

[haightst]

http://s13.postimg.org/nw3u352fr/Untitled.png

its a trap!

be very careful...

/\Are you saying put on landing gear~~~snakes on a plane or what??    LOL


http://billhenderson.org/images/misc/snakes.jpg

[nanobrain]

this always happens, poeple get crazy excited and buy buy buy

but its all good, they're really good news behind us, money will come flowing in like never b4.

 we are looking to forum a cup and handle, while we wait for the money flow.

Probably a stupid question but i've heard the phrase 'cup and handle' here a few times before... What exactly am I looking for?

Just to be clear, this is not at all what is happening. We had a much milder bubble this time, moderated by understandable skepticism with the last one so fresh in our minds. It popped, driving Gox briefly below 600, and we're going to oscillate a bit more before stabilizing for the very short term somewhere in the 600-700 range. Then over the next 2-3 weeks we'll likely lose another $100 as the impatient pull their money, and then we wait for the next hype cycle.

It will be soon; the cycles are accelerating. I'd give it 3 months. The bubble will be even more controlled next time.

im not sure, all this stuff just now hit the media, and no one can get money into buying btc yet.

i think we might go higher.


this run up was only cuz of people already into btc.

I agree, the problem now is fiat transfers to exchanges and whether the exchanges can cope: BTCe has a dubious record; Gox is a nightmare all round; Stamp has failed this week; no volume on Coinmkt.  The list goes on - its the fiat interface that hampers crypto adoption.

[adamstgBit]

its a trap!

be very careful...

~ so you are saying put on landing gear..snakes on a plane or what??    LOL

i'm saying its a bear trap but its a good one, sell in the hopes of making BTC profits, but be careful, it WILL turn around fast and unexpectedly.

[Cablez]

Thanks for the coins bears!

[tarmi]

I think we have a trend reversal.

so, no bear traps anymore, only bull traps.

[elux]

 (October 31 was the $27 apartment guy.)

Source: www.stats.grok.se/en/latest30/bitcoin

[beaconpcguru]

Come on bears and panic sellers.. and the ocassional profiteer... only a 10% drop in price today, you can do better than that! Come on let those coins roll, gotta diversify the population some more!

[SheHadMANHands]

I think we have a trend reversal.

so, no bear traps anymore, only bull traps.

Nope, bear trap.  May sit here for a week though first.   

[Vycid]

I think we have a trend reversal.

so, no bear traps anymore, only bull traps.

Nope, bear trap.  May sit here for a week though first.   

I'm just amused by people freaking out about the "bear market". Has anyone taken a gander at the 1-year chart? Sometimes I wonder.

[GreekGeek]

 (October 31 was the $27 apartment guy.)

Source: www.stats.grok.se/en/latest30/bitcoin

check this out too

http://stats.grok.se/zh/latest90/bitcoin

[Chalkbot]

I agree, the problem now is fiat transfers to exchanges and whether the exchanges can cope: BTCe has a dubious record; Gox is a nightmare all round; Stamp has failed this week; no volume on Coinmkt.  The list goes on - its the fiat interface that hampers crypto adoption.

Indeed. I'm trying to get money into bitcoin RIGHT NOW, and I just can't do it. And that's with me having a verified account at Gox and Coinbase. No coins, or 7-10 day international wire transfer? Hmmm. Well this blows.

[adamstgBit]

I agree, the problem now is fiat transfers to exchanges and whether the exchanges can cope: BTCe has a dubious record; Gox is a nightmare all round; Stamp has failed this week; no volume on Coinmkt.  The list goes on - its the fiat interface that hampers crypto adoption.

Indeed. I'm trying to get money into bitcoin RIGHT NOW, and I just can't do it. And that's with me having a verified account at Gox and Coinbase. No coins, or 7-10 day international wire transfer? Hmmm. Well this blows.

this can't be true...

oh your saying the 7 day wait is too much for you?

then you don't really want to put more money in....