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

[T.Stuart]

It's easy to see that this is an attempt to cause panic just before the 31 Jan.

Why? Because things are looking so bullish the instigators know that come that date there will be no opportunity for snatching any more coins in a panic sell!  

Just hodl! Remember how many refused to sell over the past weeks, and how the price was supported through bits of bad news etc. Now there's not even that as an excuse!

Don't feed the trolls your coins!  

[threecats]

seeing a bid of 768 for 174 coins on bitfinex that is not getting touched  for 8 minutes while stamp was in the mid fifties, what gives?

err only btc-e enter the 75x range

right you are, too many charts at once : -)

[billyjoeallen]

Folks, as you know, ignore the monkeys spouting the sky is falling or the end of bitcoin.
These are shorters trying to make money off of spin if it wasn't obvious enough.
There is no news other than some hints that the economy in china is slowing, most of which is likely fake data that china regularly produces for their own spin.

I don't give fuck about this childish bull and baer game (like cowboys and indians?). I'm only interested in protecting my wealth. Maybe this has another reason than i suppose or is only an exaggerated reaction by the chinese.

But if not...

...so I have decided to risk a lost of BTC-Percentage if I'm wrong. What you should do is your decision.

And I'm not talking about the chinese economy, I concerned the black money.

You think your coins are worth less now than they were a week ago, before you could buy stuff with them at Tiger direct, fancy.com and a bunch of porn sites and casinos?
This dip is nothing. If I had panicked when it plunged from $31/BTC to $3/BTC or from $260/BTC to $70/BTC, I wouldn't have any now. Just Chill. This happens with Bitcoin and you should know that. In fact, buy more. You may never get another chance like this.

[HairyMaclairy]

Fuck hodl.  Buy.  Soon. Not yet.  Patience.

[dgarcia]

Folks, as you know, ignore the monkeys spouting the sky is falling or the end of bitcoin.
These are shorters trying to make money off of spin if it wasn't obvious enough.
There is no news other than some hints that the economy in china is slowing, most of which is likely fake data that china regularly produces for their own spin.

I don't give fuck about this childish bull and baer game (like cowboys and indians?). I'm only interested in protecting my wealth. Maybe this has another reason than i suppose or is only an exaggerated reaction by the chinese.

But if not...

...so I have decided to risk a lost of BTC-Percentage if I'm wrong. What you should do is your decision.

And I'm not talking about the chinese economy, I concerned the black money.

You think your coins are worth less now than they were a week ago, before you could buy stuff with them at Tiger direct, fancy.com and a bunch of porn sites and casinos?
This dip is nothing. If I had panicked when it plunged from $31/BTC to $3/BTC or from $260/BTC to $70/BTC, I wouldn't have any now. Just Chill. This happens with Bitcoin and you should know that. In fact, buy more. You may never get another chance like this.

Sure. I will rebuy. But not now.

[fluidjax]

It's easy to see that this is an attempt to cause panic just before the 31 Jan.

Why? Because things are looking so bullish the instigators know that come that date there will be no opportunity for snatching any more coins in a panic sell!  

Just hodl! Remember how many refused to sell over the past weeks, and how the price was supported through bits of bad news etc. Now there's not even that as an excuse!

Don't feed the trolls your coins!  

I agree, I'm holding through this. Based on previous support (last Friday) there is a real danger that you'll be buying back the coins for a loss.
The good news is coming in a constant stream and there is little fear in the market, just the uncertainty of China.

[virtualfaqs]

Gox really needs to get with the program.

Yea really. F*CK You Gox! And all you assholes keeping the price 50 above the next closest exchange. Why do you guys keep buying at that stupid price and let it drop.

[ChartBuddy]

Explanation

[gizmoh]

Im sniffing Bounce.. 4500 was the local low.. Happy bidding!

[Salivan]

I like this shape of the market, maybe this time I will grab some cheap coins

[TERA]

There might be a temporary bounce around here but I'm not a big fan of how the daily EMAs and weekly MACD are crossing down.

[Chancellor]

I hold through. In fact we just have 5% drop, calling it "a crash" is exaggeration...

[Jren]

I hold through. In fact we just have 5% drop, calling it "a crash" is exaggeration...

i call it "the end". Sell now or see it drop to 1 digit coins

http://data.boomerang.nl/t/toettoet/image/this-is-not-the-end/s600/this-is-not-the-end.png

[Peter R]

I'm getting pretty desensitized to this volatility.  Cute little bitcoin bears.  So fuzzy.

[billyjoeallen]

Choo choo, motherfuckers.

[kromer]

I took a risk and bought at $770 on Bitstamp using all my remaining fiat. Looks like I bought the dip

Now I can go back to bed.

[Chancellor]

I took a risk and bought at $770 on Bitstamp using all my remaining fiat. Looks like I bought the dip

Not bad . Unfortunately I was not so clever and bought earlier at 813, so well, now holding is my only tactic.

[Carra23]

Still not clear to me which way the market is moving. Sold at Btc-e between 880-900 a couple of weeks back. Was hoping for 600s.

Still waiting for 600s.

[virtualfaqs]

Still not clear to me which way the market is moving. Sold at Btc-e between 880-900 a couple of weeks back. Was hoping for 600s.

Still waiting for 600s.

Still waiting for Mtgox to break 900 

[Nemo1024]

Don't know if I should expect a further dip, but I grabbed a few coins at this price point (~780), just to be on the safe side...