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

[bitcoinbible]

are bible and heightsomething bubblebots who spit bullish spam?

/\9OOzz LOL!   GOT BREAKFAST?

*click here>>>

http://wpmu.org/wp-content/uploads/2012/07/trackback-spam.jpg

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[jatajuta]

We are a shade short of the magical 900....

Where has all our irrational exuberance gone - everyone asleep?

I haven't seen a choo choo for ages.

No market prediction comment, just a mood one, are we blasé now...?

Just like when we break 270, now everybody wants 4 digits, no less.

[Odrec]

All people calling bitcoin a tulip craze don't realize that one of the main differences between both phenomenons is that the tulip craze was not supported by a worldwide digital platform called the internet. I mean the internet seems to be causing a qualitative effect on several phenomenons once they reach a quantitative peak thanks to the ease of interaction the internet provides. Look at the Arab spring, what seemed like a regular discontent or protest that wouldn't achieve much managed to topple whole governments. In my opinion this day and age we are witnessing very nice examples on how quantitative changes lead to qualitative ones thanks to the internet. So trying to predict what will happen to bitcoin using a phenomenon which happened centuries ago without having something like the internet to support it is not very accurate IMO.

[BitchicksHusband]

We want $1000!
We want $1000!
We want $1000!

How's that?

[maz]

HINT: don't use market orders ever

They saved my ass so many times I can't count, with a limit order you are totally exposed if a black swan event hits bitcoin and price move quicker against you, it can trap you in a crappy position for ever unless you realize massive losses.

A stop loss is to get out, not to get out at a certain price and then get stucked with an unfilled order.

The slippage is compensated by the massive profits you protect doing this.

When using QtTrader, the 'buy' and 'sell' functions are simple limit orders that get sent to the exchange and saved on the exchange. It's a nice little UI that let's you set your profit margins, hit buy, then hit apply profit margin and hit sell and will let you trade quickly. However the 'rules' are not sent to the exchange as limit orders. The 'rules' are held on the QtTrader bot and NOT saved on the exchange in 'orders', QtTrader watches the price raise and drop live. If QtTrader crashed for instance, then your rules would not be executed, so slight risk involved there. But If the price plummeted and was consistently falling, a QtTrader rule for (if market sell price < 700 then sell 'all coins' for 'last market sell price') would continue dumping your coins as the price drops, essentially acting as a stop loss.

Hopefully that makes sense?

[Vigil]

All people calling bitcoin a tulip craze don't realize that one of the main differences between both phenomenons is that the tulip craze was not supported by a worldwide digital platform called the internet. I mean the internet seems to be causing a qualitative effect on several phenomenons once they reach a quantitative peak thanks to the ease of interaction the internet provides. Look at the Arab spring, what seemed like a regular discontent or protest that wouldn't achieve much managed to topple whole governments. In my opinion this day and age we are witnessing very nice examples on how quantitative changes lead to qualitative ones thanks to the internet. So trying to predict what will happen to bitcoin using a phenomenon which happened centuries ago without having something like the internet to support it is not very accurate IMO.

What? Bitcoin =/= tulip mania in any way, internet or not.

[Sitarow]

[ChartBuddy]

[gambitv]

We want $1000!
We want $1000!
We want $1000!

How's that?

We have a long way to go to beat china's ATH 6,989.00 CNY = 1,147.01 USD

All people calling bitcoin a tulip craze don't realize that one of the main differences between both phenomenons is that the tulip craze was not supported by a worldwide digital platform called the internet. I mean the internet seems to be causing a qualitative effect on several phenomenons once they reach a quantitative peak thanks to the ease of interaction the internet provides. Look at the Arab spring, what seemed like a regular discontent or protest that wouldn't achieve much managed to topple whole governments. In my opinion this day and age we are witnessing very nice examples on how quantitative changes lead to qualitative ones thanks to the internet. So trying to predict what will happen to bitcoin using a phenomenon which happened centuries ago without having something like the internet to support it is not very accurate IMO.

And as far as Arab Springs go, A dictator in civilian clothing is still a dictator. There is no real difference in the Middle East, while they are a few hundred years behind following the hijarian calendar. Once separation of religion and state occurs, then we can take another look at uprisings making change. A quick way to accelerate that would be for all countries to close their borders and stop trading with dictatorships. See how quickly things will change then.

And to end on a positive note... waiting for my buy at 790 to kick in...

[PrymeTyme]

dafuq ! 20 dollar spread ?

[Sitarow]

We want $1000!
We want $1000!
We want $1000!

How's that?

$1500 here.

[Sitarow]

All people calling bitcoin a tulip craze don't realize that one of the main differences between both phenomenons is that the tulip craze was not supported by a worldwide digital platform called the internet. I mean the internet seems to be causing a qualitative effect on several phenomenons once they reach a quantitative peak thanks to the ease of interaction the internet provides. Look at the Arab spring, what seemed like a regular discontent or protest that wouldn't achieve much managed to topple whole governments. In my opinion this day and age we are witnessing very nice examples on how quantitative changes lead to qualitative ones thanks to the internet. So trying to predict what will happen to bitcoin using a phenomenon which happened centuries ago without having something like the internet to support it is not very accurate IMO.

What? Bitcoin =/= tulip mania in any way, internet or not.

Comparing a natural resource to crypto is just silly.

[gambitv]

And to end on a positive note... waiting for my buy at 790 to kick in...

Someone listened! w00t.  Watch the bots react to this sell off. Come on bitcoin, come to pappa bear.

[Gordonium]

CRASH!!!!!!!

[gandhibt]

And to end on a positive note... waiting for my buy at 790 to kick in...

Someone listened! w00t.  Watch the bots react to this sell off. Come on bitcoin, come to pappa bear.

you should buy now =)

[grovestr]

Your last chance to buy below price of next popped bubble.

[PrymeTyme]

785 seems to be a good place to buy .. 

[Mirsad]

Your last chance to buy below price of next popped bubble.

If you bought above 500$, I would sell now.
If you bought below 500$, I would buy a few coins below 800$, just in case.

But Sell NOW

[ardana123]

Your last chance to buy below price of next popped bubble.

If you bought above 500$, I would sell now.
If you bought below 500$, I would buy a few coins below 800$, just in case.

But Sell NOW

sell, Sell, SELL       

[maz]

Your last chance to buy below price of next popped bubble.

If you bought above 500$, I would sell now.
If you bought below 500$, I would buy a few coins below 800$, just in case.

But Sell NOW

Chill dude...the rockets are just stuttering from fuel in the exhaust. Progress will resume shortly!