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

[spooderman]

going for a nap, all in btc, lets lose some money!

Interesting approach. 

It's the approach of nearly everyone here.

[CryptStorm]

Here, kitty kitty!

[BitchicksHusband]

also agreeing that it either stays here or goes down. Will not go back up above 795$ for now.

Mt. Gox over 800 as I read this.  

[gizmoh]

Resistance at 825'ish, That was the price when i woke up before it starts crumbling, so tread carefully guys..

[CryptStorm]

April's cat gave us an approximate 900 bounce, so we're on our way to that range(ish).

If kitty, then kitty litter. (I don't know what that means)

[mmitech]

you know what is funny, that there is allot of people on standby waiting to buy in/back , but they doesn't know exactly when, they are not sure to wait for it to drop even more or buy now before it will raise, the problem is if it start dropping they will still wait because no one knows where the bottom is.


but I know when they will buy, when the price start raising so fast they will know that they missed the train and they will start desperately buying back, by this they make the worst decision ever.


I've learned my lesson, sell when you think it is high and buy when it drops, if you are a bad trader like me, just hold, holding is the best strategy if you dont have time to watch this thing all day and/or if you lack trading knowledge, basically when it crashes/corrects just stop and take a day or two off so you wont fuck up.

[Kouye]

I've learned my lesson, sell when you think it is high and buy when it drops, if you are a bad trader like me

I don't really think such thing as a "bad trader" exists when it comes to bitcoin.
It's just pure gambling.
For example, I set a buy order at 552$ before going to bed yesterday... Was fullfiled when I woke up.

[lebing]

I would love to be a pig who bought @2$ and was greedy enough not to sell @30$ 120$ and 266$

Oink Oink

[barbs]

some millionaire is having fun

[niothor]

I would love to be a pig who bought @2$ and was greedy enough not to sell @30$ 120$ and 266$

[Jamievs]

once again there is a 50 $ difference between gox and bitstamp 
Anyone who likes a fancy layout while tracking BTC, just found this website and it looks great: http://bitcointicker.co/

[Vigil]

This goes out to the new ones, I guess the ol'timers have seen it before

That is what I do and I make coin that way.

You just want to make excuses to justify your decision to hold when it goes up to $1250 and watch it come back down again, gaining nothing in the process.

[barbs]

how is gox so bad there's nothing going on right now

[CryptStorm]

This last guys trade is pretty wild to me-- or the bot who sees and tries to build a mini cup-n-handle. ?

[CryptStorm]

Touched the 1H 30 EMA, doubtful about the 50.

[gizmoh]

No other exchanges is following gox for the moment.. That's the GoxBux syndrome kicking in..

[mvidetto]

That 1600 btc buy order disappeared, so yeah we should move to the downside.

[Vigil]

Gox is under the manipulation of a Great Whale. Has been since we exited the $900 high at the beginning.

[ChartBuddy]

[macsga]

Awww DAT VOLUME!!!

Market            Last         Volume (24h)   
btcnCNY         5100.0000      148,000.46   
btceUSD         803.0000      120,454.28   
mtgoxUSD      850.0000      115,416.47   
bitstampUSD   788.3700      102,612.91