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

[Vigil]

ref: rpietila / others who 'knew'

Did they just have 'better' information than us in terms of an early 'nod' on the news?

Maybe this has been raised in the last few pages - I confess I haven't got time to look back - but is it not possible someone knew someone, who knew what was about to happen?

To accurately say 'it will go down to 500' is pretty good.

Was it a timed assault of a wave of selling and the timing was lucky - or was it timed FOR the news once it was obvious it was coming (if you had the right information).

Questions, questions.....

Go here: https://bitcointalk.org/index.php?topic=322058.0
Read it.  And then, when you have time, read it again.
This is a good-quality spinoff from that thread as well: https://bitcointalk.org/index.php?topic=366214.0

Multiple people here were saying $400-$500.

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[Dragonkiller]

I sold at average of 650 on bitstamp, considering coming back in now. Thoughts?

I worry prices will fall again when China wakes up.

[uhoh]

This is a truly obscene recovery.

[damiano]

BTC.sx - Leveraged Bitcoin Trading. Simply use Bitcoin to take advantage of a rising or falling Bitcoin price.

You have good experience with them?  Good liquidity?

Leverage trading can be bad if you don't know what your doing.  Try it out but with a very small amount.  

I prefer Bitfinex,  they offer 2:1, 2.5:1 & 4:1.  I currently use 4:1, but its very risky.  With the market swings like this its very easy to make money.

[Nightowlace]

Holy shit! What a day. In the last hour and a half I just sold crazy amounts of Casascius Coins. This price dip has a lot of people stocking up. Either that or like me they suck at day tarding realized that and decided it was best to have physical coins that they wont lose trading. haha.

[humanitee]

I sold at average of 650 on bitstamp, considering coming back in now. Thoughts?

I worry prices will fall again when China wakes up.

Anyone think we will break 600 and stay?

I do.  Alot of indicators are starting to point at buy.  Will we dip down?  Sure.  But I believe we're in recovery mode now.  

Were slowing oscillating up,  I think were in the clear until China wakes up.  

China doesn't matter any more. They will decouple from the market.

Holy shit! What a day. In the last hour and a half I just sold crazy amounts of Casascius Coins. This price dip has a lot of people stocking up. Either that or like me they suck at day tarding realized that and decided it was best to have physical coins that they wont lose trading. haha.

How many more compared to a normal day?

[Voodah]

ref: rpietila / others who 'knew'

Did they just have 'better' information than us in terms of an early 'nod' on the news?

Maybe this has been raised in the last few pages - I confess I haven't got time to look back - but is it not possible someone knew someone, who knew what was about to happen?

To accurately say 'it will go down to 500' is pretty good.

Was it a timed assault of a wave of selling and the timing was lucky - or was it timed FOR the news once it was obvious it was coming (if you had the right information).

Questions, questions.....

Go here: https://bitcointalk.org/index.php?topic=322058.0
Read it.  And then, when you have time, read it again.
This is a good-quality spinoff from that thread as well: https://bitcointalk.org/index.php?topic=366214.0

Multiple people here were saying $400-$500.

We were all warned and probably most of us very conscious that it just could not stay that high.

It's not necessarily the fact that they got better info, but rather the fact that people more used to doing market analysis and such calls are much more confident in their own assesment of the situation. This allows to execute for longer plans.

I sold when rpietila said, but then I bought back 100 usd below, and then I did that like 4 more times during swings. Had I been more confident, I would've stayed out from the very first time I sold and made at least 2x what I made.

EDIT: I could have also tried to ride every single swing from 800 to 450, and probably get the maximum profit possible; but the risk is of course exponentially higher.

[seleme]

China bids are pretty thin though.

[adamstgBit]

China bids are pretty thin though.

it'll hold....

dont worry about the walls.

[Richy_T]

ref: rpietila / others who 'knew'

Did they just have 'better' information than us in terms of an early 'nod' on the news?

Maybe this has been raised in the last few pages - I confess I haven't got time to look back - but is it not possible someone knew someone, who knew what was about to happen?

To accurately say 'it will go down to 500' is pretty good.

Was it a timed assault of a wave of selling and the timing was lucky - or was it timed FOR the news once it was obvious it was coming (if you had the right information).

Questions, questions.....

Dude, we went from mid 100s to 1200. I was hopeful it would stick and that we'd maybe go higher but that's a lot of weak hands onboard and anyone who could look at it dispassionately could see that it was a risky proposition.

Me? I'm holding. I'll keep my bitcoins until my fiat supply becomes worthless due to hyperinflation. So say February.

[Davyd05]

ref: rpietila / others who 'knew'

Did they just have 'better' information than us in terms of an early 'nod' on the news?

Maybe this has been raised in the last few pages - I confess I haven't got time to look back - but is it not possible someone knew someone, who knew what was about to happen?

To accurately say 'it will go down to 500' is pretty good.

Was it a timed assault of a wave of selling and the timing was lucky - or was it timed FOR the news once it was obvious it was coming (if you had the right information).

Questions, questions.....

Go here: https://bitcointalk.org/index.php?topic=322058.0
Read it.  And then, when you have time, read it again.
This is a good-quality spinoff from that thread as well: https://bitcointalk.org/index.php?topic=366214.0

Multiple people here were saying $400-$500.

We were all warned and probably most of us very conscious that it just could not stay that high.

It's not necessarily the fact that they got better info, but rather the fact that people more used to doing market analysis and such calls are much more confident in their own assesment of the situation. This allows to execute for longer plans.

I sold when rpietila said, but then I bought back 100 usd below, and then I did that like 4 more times during swings. Had I been more confident, I would've stayed out from the very first time I sold and made at least 2x what I made.

this is all fud driven. As the Chinese government hasn't confirmed shit. China loves to self censor and the world freaked out.

[Voodah]

ref: rpietila / others who 'knew'

Did they just have 'better' information than us in terms of an early 'nod' on the news?

Maybe this has been raised in the last few pages - I confess I haven't got time to look back - but is it not possible someone knew someone, who knew what was about to happen?

To accurately say 'it will go down to 500' is pretty good.

Was it a timed assault of a wave of selling and the timing was lucky - or was it timed FOR the news once it was obvious it was coming (if you had the right information).

Questions, questions.....

Go here: https://bitcointalk.org/index.php?topic=322058.0
Read it.  And then, when you have time, read it again.
This is a good-quality spinoff from that thread as well: https://bitcointalk.org/index.php?topic=366214.0

Multiple people here were saying $400-$500.

We were all warned and probably most of us very conscious that it just could not stay that high.

It's not necessarily the fact that they got better info, but rather the fact that people more used to doing market analysis and such calls are much more confident in their own assesment of the situation. This allows to execute for longer plans.

I sold when rpietila said, but then I bought back 100 usd below, and then I did that like 4 more times during swings. Had I been more confident, I would've stayed out from the very first time I sold and made at least 2x what I made.

this is all fud driven. As the Chinese government hasn't confirmed shit. China loves to self censor and the world freaked out.

I am quite leaning against the opposite.

Fud driven would imply mayhem and all around uncertainty.

Every day that passes I'm more convinced this was all carefully orchestrated from the get go at 150..

The amount of exchanges available now (as opposed to previous bubbles) made it possible for a much more timely and organized pump & dump.

The China card allowed for a proper and very credible source of misinformation.

[freethink2013]

fuck china. those fuckers were trading garlic recently.

[Nightowlace]

Holy shit! What a day. In the last hour and a half I just sold crazy amounts of Casascius Coins. This price dip has a lot of people stocking up. Either that or like me they suck at day tarding realized that and decided it was best to have physical coins that they wont lose trading. haha.

How many more compared to a normal day?

I sell an average of 2-3 coins per day. Mostly singles for 1.3B each.

Today I sold two 2011 singles with error, a 10BTC all silver, 3 Silver gold B singles, a 2011 series two single, a silver 0.5, I am waiting on payment for two silver singles, and have had inquiries for 9 2013 singles. This has all come via the forum and personal emails.

[freethink2013]

Holy shit! What a day. In the last hour and a half I just sold crazy amounts of Casascius Coins. This price dip has a lot of people stocking up. Either that or like me they suck at day tarding realized that and decided it was best to have physical coins that they wont lose trading. haha.

How many more compared to a normal day?

I sell an average of 2-3 coins per day. Mostly singles for 1.3B each.

Today I sold two 2011 singles with error, a 10BTC all silver, 3 Silver gold B singles, a 2011 series two single, a silver 0.5, I am waiting on payment for two silver singles, and have had inquiries for 9 2013 singles. This has all come via the forum and personal emails.

fair fucks - that casino story should be a blog. loved the way you bought back in too.

[humanitee]

China bids are pretty thin though.

Of course they are, fiat can't get into the exchange.

Holy shit! What a day. In the last hour and a half I just sold crazy amounts of Casascius Coins. This price dip has a lot of people stocking up. Either that or like me they suck at day tarding realized that and decided it was best to have physical coins that they wont lose trading. haha.

How many more compared to a normal day?

I sell an average of 2-3 coins per day. Mostly singles for 1.3B each.

Today I sold two 2011 singles with error, a 10BTC all silver, 3 Silver gold B singles, a 2011 series two single, a silver 0.5, I am waiting on payment for two silver singles, and have had inquiries for 9 2013 singles. This has all come via the forum and personal emails.

Wow! Thanks for the response. Congrats on your business  

[seleme]

Holy shit! What a day. In the last hour and a half I just sold crazy amounts of Casascius Coins. This price dip has a lot of people stocking up. Either that or like me they suck at day tarding realized that and decided it was best to have physical coins that they wont lose trading. haha.

How many more compared to a normal day?

I sell an average of 2-3 coins per day. Mostly singles for 1.3B each.

Today I sold two 2011 singles with error, a 10BTC all silver, 3 Silver gold B singles, a 2011 series two single, a silver 0.5, I am waiting on payment for two silver singles, and have had inquiries for 9 2013 singles. This has all come via the forum and personal emails.

It's probably because of discussions we had earlier.

[ChartBuddy]

[gandhibt]

smells like bounce, lets see

[Nightowlace]

China bids are pretty thin though.

Of course they are, fiat can't get into the exchange.

Holy shit! What a day. In the last hour and a half I just sold crazy amounts of Casascius Coins. This price dip has a lot of people stocking up. Either that or like me they suck at day tarding realized that and decided it was best to have physical coins that they wont lose trading. haha.

How many more compared to a normal day?

I sell an average of 2-3 coins per day. Mostly singles for 1.3B each.

Today I sold two 2011 singles with error, a 10BTC all silver, 3 Silver gold B singles, a 2011 series two single, a silver 0.5, I am waiting on payment for two silver singles, and have had inquiries for 9 2013 singles. This has all come via the forum and personal emails.

Wow! Thanks for the response. Congrats on your business  

Thank you. Yes today was a good day.