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

[Sitarow]

There are basically just enough bulls to keep this price steady.

It's just getting warmed up.

[Davyd05]

There are basically just enough bulls to keep this price steady.

It's just getting warmed up.

I still think we need to dip a lil lower.. and then someone will buy it up back into the higher 900s.. I expect close to 4pm+ est  If the news about the Swiss possibly deeming it a currency becomes better verified and spread it will probably lead to 950+  before we roll into the next day/night

[Vigil]

There are basically just enough bulls to keep this price steady.

It's just getting warmed up.

You mean the dump?

[macsga]

I'm tired of all this consolidation...

[Ivanhoe]

http://siliconangle.com/blog/2013/12/08/bitcoin-china-meaning/ I'll just leave this here.

[aminorex]

There are basically just enough bulls to keep this price steady.

There are basically just enough bears to keep this price steady, mutatis mutandis.
A thousand coins offered at 900 on stamp is the real reason for the price stagnation.
This is the wall observer thread, after all.  If the wall holds we go down.  If the wall falls we go up.
Question is, what will the wall do, and why?

[micalith]

Schrödinger's cat bounce. 

 

[aminorex]

I'm tired of all this consolidation...

So buy the wall then.

[Davyd05]

this bull trap is supposed to end soon, like duh

Yep. It's getting boring.

boring lol.. probably sold some more coins at 700 I am sure you sold at 950-1100 and got back in at like 640 or something like that already.

Yes I average sold close to the top, no I didn't buy back anything yet, no I don't plan to buy any, unless it passes 1050 to the upside or after a couple weeks (months) after the crash, if crash there is. What about you my smart friend?

missed the window on the top being a bull, and I just plan to hold.

[CryptStorm]

The question as far as I'm concerned is whether this is real or some type of dead cat bounce.  I mean to get over $1000, close to $1100 would mean something to me.  If it stalls out soon though I'd be worried it's headed for another drop.  We'll see I guess.  Anyone familiar with characteristics of dead cat bounce?

I think the specialist in this area would be a real dead cat that bounces , or at least bounced while being dead

 

Perhaps someone here has an kooky aunt who can reach across the veil of the living to a cat who died in a major selloff, that way we can settle this and get a 1st hand account?

[tarmi]

this bull trap is supposed to end soon, like duh

Yep. It's getting boring.

boring lol.. probably sold some more coins at 700 I am sure you sold at 950-1100 and got back in at like 640 or something like that already.

Yes I average sold close to the top, no I didn't buy back anything yet, no I don't plan to buy any, unless it passes 1050 to the upside or after a couple weeks (months) after the crash, if crash there is. What about you my smart friend?

missed the window on the top being a bull, and I just plan to hold.

why? you do understand that you are doing a favor to early adopters?


congrats to all people who sold @ 1000+ $.

[Taxidermista]

http://siliconangle.com/blog/2013/12/08/bitcoin-china-meaning/ I'll just leave this here.

Interesting article, thanks.

[HarryT1923]

gettin nervous here holding, avg buy 600 i may start taking some profit here

[Davyd05]

this bull trap is supposed to end soon, like duh

Yep. It's getting boring.

boring lol.. probably sold some more coins at 700 I am sure you sold at 950-1100 and got back in at like 640 or something like that already.

Yes I average sold close to the top, no I didn't buy back anything yet, no I don't plan to buy any, unless it passes 1050 to the upside or after a couple weeks (months) after the crash, if crash there is. What about you my smart friend?

missed the window on the top being a bull, and I just plan to hold.

why? you do understand that you are doing a favor to early adopters?


congrats to all people who sold @ 1000+ $.

we are early adopters.. lol

Guess I am not that interested in making a quicker return, I see an opportunity has come and gone most likely. Hey we could go down to 450 again and I still wouldn't freak out.. partially cause it would be close to the average buy if anything I'd throw more fiat at it.

[tarmi]

we are early adopters.. lol

satoshi, is that you?

[Davyd05]

we are early adopters.. lol

satoshi, is that you?

early adopter vs creator lol...I think I'll just take that as a compliment

[Walsoraj]

http://siliconangle.com/blog/2013/12/08/bitcoin-china-meaning/ I'll just leave this here.

Not relevant. The ban had nothing to do with the price drop. BTCChina's new ID verification requirements, on the other hand, have everything to do with the drop.

The price manipulators and launderers need to find a new exchange.

[Ivanhoe]

http://siliconangle.com/blog/2013/12/08/bitcoin-china-meaning/ I'll just leave this here.

Not relevant. The ban had nothing to do with the price drop. BTCChina's new ID verification requirements, on the other hand, have everything to do with the drop.

The price manipulators and launderers need to find a new exchange.

First, it is important to note what the immediate causes of the price crash were. Although no one has access to an alternate universe simulator, and so we can never truly know what would have happened had certain events gone differently,

[ChartBuddy]

[macsga]

http://sourceforge.net/projects/bitcoin/files/stats/map?dates=2013-12-03+to+2013-12-06
vs
http://sourceforge.net/projects/bitcoin/files/stats/map?dates=2013-12-03+to+2013-12-09

Hmmmm.... there's no such thing as bad publicity it seems...