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

[windjc]

There has been 2,5 days that the price has been higher than now. How the fuck can you people be all bear all the sudden? How happy you would have been 1,5 days ago if you could have bought coins at these cheap prices? Well, THE TREND IS NOT BROKEN, you can still buy your cheap coins.

This is all part of the process. Its part of the human condition. You can chart the exchanges and you can chart people's emotions right along with it.

We are going lower. For 12 hours. A day. A week. A handful of months. We don't know.  But we are going lower until enough people say "this is a great price." And then we will go higher. For a while. And then we will go lower for a while after that. And then eventually we will go higher and a new upward trend will develop. And then we will go back and forth for a while and then a new bubble will start.

This all assumes that bitcoin and its eco-system remain stable and healthy.

How long all this takes to unwind is anybody's guess. If we don't have a turn around in the next 24-36 hours, I think this process will take a few months to unwind (at least).

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[Pruden]

Again, triple bottom forming. Only it is at 480$, not 300$. That's soooo before Congress hearings...

[Parazyd]

What? Now Stamp is above Gox? Stamp does seem to be the most stable one out there

Stamp is stable because nobody can access it

Bitstamp keeps our hands strong, they're just looking out for us.

[maz]

I'm going to get a bitcoin dedicated tattoo I think, something like 'dont try to day-trade your shit at it'. Get it tattood in red across both of my hands so I can read it every time I'm about to make a trade.

[600watt]

What? Now Stamp is above Gox? Stamp does seem to be the most stable one out there

Stamp is stable because nobody can access it

Bitstamp keeps our hands strong, they're just looking out for us.

bitstamp sucks like gox in april 13. i have open orders but i cannot access my account. FFFFFFFFFFFFFFFFFFFFFFFFFu, it sucks

[libity]

What's the likely effect of Stamp being down, when it eventually comes back up? Say for example Gox falls to $400 and then Stamp comes back up still at $475, is it likely to overcompensate as it tries to catch up?

[barbs]

how are some stampers using stamp.

I can't log in, special thanks bitstamp

[pera]

There has been 2,5 days that the price has been higher than now. How the fuck can you people be all bear all the sudden?

welcome to a bitcoin crash

[hlynur]

What? Now Stamp is above Gox? Stamp does seem to be the most stable one out there

Stamp is stable because nobody can access it

Bitstamp keeps our hands strong, they're just looking out for us.

bitstamp sucks like gox in april 13. i have open orders but i cannot access my account. FFFFFFFFFFFFFFFFFFFFFFFFFu, it sucks

ask me i have no orders and when page is loading i get straight to incapsula page when i want to place one.

[Parazyd]

Bitstamp at $513

[macsga]

[BitPirate]

There has been 2,5 days that the price has been higher than now. How the fuck can you people be all bear all the sudden? How happy you would have been 1,5 days ago if you could have bought coins at these cheap prices? Well, THE TREND IS NOT BROKEN, you can still buy your cheap coins.

EDIT. apparently someone listened to me at stamp =)

Why are people so eager to call a bottom?

As you say, it's only been 1.5 days.

[Taxidermista]

CampBX delayed their introduction of ACH deposits until a week from now.

So much fail all around the exchanges.  

Maybe some day we'll have an exchange that it's not a fucking joke.  

[gandhibt]

There has been 2,5 days that the price has been higher than now. How the fuck can you people be all bear all the sudden? How happy you would have been 1,5 days ago if you could have bought coins at these cheap prices? Well, THE TREND IS NOT BROKEN, you can still buy your cheap coins.

This is all part of the process. Its part of the human condition. You can chart the exchanges and you can chart people's emotions right along with it.

We are going lower. For 12 hours. A day. A week. A handful of months. We don't know.  But we are going lower until enough people say "this is a great price." And then we will go higher. For a while. And then we will go lower for a while after that. And then eventually we will go higher and a new upward trend will develop. And then we will go back and forth for a while and then a new bubble will start.

This all assumes that bitcoin and its eco-system remain stable and healthy.

How long all this takes to unwind is anybody's guess. If we don't have a turn around in the next 24-36 hours, I think this process will take a few months to unwind (at least).

You are talking about crash, but this isn't one... this is correction and big bear trap. We would have needed a bigger drop than 50% to make this a trend reversal.

[seldon]

Bitstamp way over gox? wtf?

[barbs]

Bitstamp going to the moon when no one can log in? lol

[Parazyd]

Choo choo!!! Get aboard

Bull mode on.

[gandhibt]

There has been 2,5 days that the price has been higher than now. How the fuck can you people be all bear all the sudden? How happy you would have been 1,5 days ago if you could have bought coins at these cheap prices? Well, THE TREND IS NOT BROKEN, you can still buy your cheap coins.

EDIT. apparently someone listened to me at stamp =)

Why are people so eager to call a bottom?

As you say, it's only been 1.5 days.

I'm not calling the bottom I'm just saying that the trend is not reversed yet. It can brake important supports, but It's not likely because it didn't do it already. See previous crashes on this market and you get what I mean.

[wachtwoord]

Bitstamp going to the moon when no one can log in? lol

Only buyers can log in!

[hlynur]

Bitstamp going to the moon when no one can log in? lol

Only buyers can log in!

i want to buy, but it seems more like restricted to staff only.