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

[beetcoin]

wasn't china testing 6000 last night? went bullish, at least a bit.

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[gandhibt]

These are hard times, I can imagine how many lose coins when there's so fierce shaking. If you don't have a solid plan then just hold and go to movies, you thank me later and can send me lets say 5% of your holdings (much less than if you get burned here)

[Nolo]

These are hard times, I can imagine how many lose coins when there's so fierce shaking. If you don't have a solid plan then just hold and go to movies, you thank me later and can send me lets say 5% of your holdings (much less than if you get burned here)

That's my trading strategy.  Don't.  

Just hold, and then hold some more.  (Atleast until my wife wants a new toy, then sell a few lol)

[lucas.sev]

I just can't understand why the hell people are still using gox... Just GTFO from there, thank you

Goat should come here and tell what he thinks about gox

It's funny that when it's going up nobody is saying that 

[macsga]

CHOOfucking CHOO!!!

[humanitee]

China has more volume than Gox... and Bitstamp.. and BTC-e... COMBINED. China is a bitsponge. Watch out mein bear, lest they absorb ye.

[gandhibt]

I just can't understand why the hell people are still using gox... Just GTFO from there, thank you

Goat should come here and tell what he thinks about gox

It's funny that when it's going up nobody is saying that 

(it's going up now)

[adamstgBit]

Quickly now sell all your bitcoins and deposit the money in your trusted bank.
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[Nolo]

Very good article. Not sure if it's been posted here yet.

http://finance.yahoo.com/news/secondmarket-ceo-wall-street-put-203000747.html

[Chalkbot]

This is like the good ol' days, haha. Remember when we'd ask for pics every couple of pages?

[gandhibt]

If you are trading bitcoins, one good approach is that you normally have 100% BTC (from your invested fiat) and if something happens like big up or down then you should have a clear plan what to do, short-term future becomes a lot more easy to predict when these major spikes appear first.

Forget about how much USD you have short-term, focus only to get more BTC, because longest trend is UP UP UP.

I have noticed that my biggest loses (BTC) come when I'm holding USD and waiting too long. Don't wait that the price falls.

Make a plan and stick to it when something happens.

[ChartBuddy]

[adamstgBit]

40 minutes ago, SecondMartket said something and someone wrote about it

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[I_bitcoin]

40 minutes ago, SecondMartket said something and someone wrote about it

4

And seemingly agreement on a bail-in for Europe.

[gandhibt]

the whole europe will panic buy

[Nolo]

5:13am in China.  What happens in the next couple of hours?  Predictions?  

Yesterday on similar volume China woke up and boomed up.  Same thing for today?
 

[tHash]

Bulls aside.  Bears aside.   Does it not look like a typical closing triangle on the 1d chart on Gox?   Looks to be with a 6 day frequency, due the the size of the move.   I don't have the balls to trade it(can't risk my precious BTC), but I bet trading off the 50% Fib, one could do quite well.   I don't think we can identify the trend until the triangle closes.   My guess is that the up trend is still intact, though we will move slow for a while, hopefully for a very long time.   Of course, if we don't get red candles for three days, then this is wrong.   Could also be a compressing frequency.

[macsga]

40 minutes ago, SecondMartket said something and someone wrote about it

4

https://www.secondmarket.com/education/learn/bitcoin-education-center ??

[adamstgBit]

a bear in need is a friend indeed.

3

[Chalkbot]

40 minutes ago, SecondMartket said something and someone wrote about it

4

And seemingly agreement on a bail-in for Europe.

Set to start in 2016...

Never give the actual date for bail-in!