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

[MoreFun]

Anyone expecting 3k buy up to $850?

Wasn't me. Really.  

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[hd060053]

how idiotic are these people/bots who panic sell at 820 during a rally > 840 instead of placing a limit order

[atleticofa]

Choo choo choo

[jojo69]

holy volume batman

[Davyd05]

oh wow.. there is the new money..

been about 2 days since I saw a wall of 200 coins growing on the buy side like that lool it greew too 1000 coins as I typed this edit.

[ChartBuddy]

[lucas.sev]

someone is buying a load of coins, crazy action

Maybe it's just the owner of 850 wall buying from himself

[Rampion]

Poor bears, pockets full of fiat and heart full of pain, loneliness and despair.

Pro tip: Coinseeker has historically been a counter indicator.

[seldon]

Holy cow.. I'm quite the bull, but didn't see that one coming

[Rampion]

Big money wants in, don't be fooled by the big fish who patiently waits for cheaper coins.

This is no 2011, the stakes are much higher this time.

[mccorvic]

oh wow.. there is the new money..

I have no evidence, but I think this is more buy-back than new money.  New money is still skittish and waits for the price to start going up before buying, but rarely kick starts it on its own like this.

[Tzupy]

someone is buying a load of coins, crazy action

Maybe it's just the owner of 850 wall buying from himself

It's possible, trying to reignite a bull market. Problem is, to break 900$, another 6k coins would have to be bought.

[maz]

The final bull trap. This will end in tears. Lot's of newbs and rich folk will be left holding the bag tomorrow morning.

[Coinseeker]

Poor bears, pockets full of fiat and heart full of pain, loneliness and despair.

Pro tip: Coinseeker has historically been a counter indicator.

The night is young my friend.  No panic here.  Fundamentally, nothing has changed.  We still have the same amount of coins to 900 as we had before the drop started.  Weak attempt by the newly rich.  Got the popcorn though.  

[MoreFun]

The final bull trap. This will end in tears. Lot's of newbs and rich folk will be left holding the bag tomorrow morning.

Sure, bears will end in tears.

[hd060053]

very stupid bot action - when some1 buys at ~845, the bot immediatly sells at ~835

this cant be a human with a normal brain

[Davyd05]

Big money wants in, don't be fooled by the big fish who patiently waits for cheaper coins.

This is no 2011, the stakes are much higher this time.

lots of coins were bought... but it means nothing still...there have been small lift offs since Friday into Monday no after burn though.

I will agree there was a lot of volume, in that quick window.. but if its new money.. and this doesn't cause lift off.. imagine those weak hands.. with 850 coins

After reading that catastrophic 750k inheritance disaster story on reddit,..where not only did he get raped on the initial asset sale.. he then goes and buys at 850.. sells at 500 or something.. either way lost about 75k in a trade.

These kind of people see bitcoin and go herp derp I'll triple my money.. and then they try to day trade like there financial super stars.

I think what we need to see is sub 700 to break the cheap coins at 750-850 range, after that it could be either enough fuel to cause an after burn or what I'd like to see a test of the support levels. sub 700

[Rampion]

Big money wants in, don't be fooled by the big fish who patiently waits for cheaper coins.

This is no 2011, the stakes are much higher this time.

lots of coins were bought... but it means nothing still...there have bene small lifts off since Friday into Monday no after burn though.

I will agree there was a lot of volume in that quick window.. but if its new money.. and this doesn't cause lift off.. imagine those weak hands.. with 850 coins

After reading that catastrophic 750k inheritance disaster story on reddit,..where not only did he get raped on the initial asset sale.. he then goes and buys at 850.. sells at 500 or something.. either way lost about 75k in a trade.

These kind of people see bitcoin and go herp derp I'll triple my money.. and then they try to day trade like there financial super stars.

You will see more of the heard into Bitcoin, and they will just bring in liquidity.

[Ivanhoe]

Big money wants in, don't be fooled by the big fish who patiently waits for cheaper coins.

This is no 2011, the stakes are much higher this time.

lots of coins were bought... but it means nothing still...there have bene small lifts off since Friday into Monday no after burn though.

I will agree there was a lot of volume in that quick window.. but if its new money.. and this doesn't cause lift off.. imagine those weak hands.. with 850 coins

After reading that catastrophic 750k inheritance disaster story on reddit,..where not only did he get raped on the initial asset sale.. he then goes and buys at 850.. sells at 500 or something.. either way lost about 75k in a trade.

These kind of people see bitcoin and go herp derp I'll triple my money.. and then they try to day trade like there financial super stars.

That's just a minority. I think the majority is smart enough to do proper research first and then buy and hold.

[nanobrain]

MAssive front page story on the Guardian site:
http://www.theguardian.com/technology/2013/nov/25/is-bitcoin-about-to-change-the-world-peer-to-peer-cryptocurrency-virtual-wallet?commentpage=1

Play BTCbingo:
ponzi/volatile/crash/satoshi/drugs/guns/winkelvoss/tulips

Then leave a comment and straighten these guys out

Edit: link fixed

I've opened a thread on the press board
https://bitcointalk.org/index.php?topic=346769.0