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

[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...

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[billyjoeallen]

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.

congrats. I bought at $780 on Coinbase, but it never went down to $770...yet. It got close. If it does, I'll buy more.

[Salivan]

price  will fall further we didn't touch bottom yet
but is good for us, chances to buy cheap coins and later take profit  when market recovers.
I predict that we will be near ATH sooner than anyone here expect (mid , late Feb )

[kehtolo]

I think this could take ~ 2 weeks to play out. 2 weeks from today is 7th Feb.
I'm finding it hard to be patient and wait til then to see what happens, but i must. Damn nearly bought at 800 last night.
I expect to see it botto out somewhere in the range $500 - $600 but only temporarily. It should recover quickly, so one would have to be fast to catch the bottom - or pick you price and place you orders, and hope for the best.

[kehtolo]

price  will fall further we didn't touch bottom yet
but is good for us, chances to buy cheap coins and later take profit  when market recovers.
I predict that we will be near ATH sooner than anyone here expect (mid , late Feb )

+1

$495 - $550 on Stamp i reckon is the bottom.
Then quickly recover and climb to previous ATH within 2 weeks.. and keep going!
~$2000 by start of March!

[billyjoeallen]

I think this could take ~ 2 weeks to play out. 2 weeks from today is 7th Feb.
I'm finding it hard to be patient and wait til then to see what happens, but i must. Damn nearly bought at 800 last night.
I expect to see it botto out somewhere in the range $500 - $600 but only temporarily. It should recover quickly, so one would have to be fast to catch the bottom - or pick you price and place you orders, and hope for the best.

I've been hearing that for days from several different people. Where do you get this? I'll be buying the whole way down if you're right, but they seem pretty damn cheap right now.

[kurious]

Wallet in sync, first transaction failed second (ten minutes later) arrived.

All checked out thoroughly - but I will report back when my ticket progresses beyond "Awaiting assignment to a support agent"

Try the MTGox Withdrawal Delays thread.  Its only 148 pages long instead of 4K+ but more focused on your topic
https://bitcointalk.org/index.php?topic=179586.2940;topicseen

Thanks - but it wasn't money withdrawal - that is dreadful, I know, it was BTC - normally pretty instant...

I will just have to wait and see.

They also discuss that in the other thread.  Lots of folks have issues with it.  Coins fresher than 100 blocks get mixed in and your transaction doesn't process.  Lots of miners point their reward to their gox account so it happens more often than we'd like (or maybe its another reason, lots of discussion in the withdrawal thread).

I only gave it a cursory look - will check again, thank you

[kehtolo]

I think this could take ~ 2 weeks to play out. 2 weeks from today is 7th Feb.
I'm finding it hard to be patient and wait til then to see what happens, but i must. Damn nearly bought at 800 last night.
I expect to see it botto out somewhere in the range $500 - $600 but only temporarily. It should recover quickly, so one would have to be fast to catch the bottom - or pick you price and place you orders, and hope for the best.

I've been hearing that for days from several different people. Where do you get this? I'll be buying the whole way down if you're right, but they seem pretty damn cheap right now.

Hpmmm.. just my own observations. Inciddenty, i have been expecting this since the beginning of the year. I think there is money sitting on the sidelines, and people seem to be waiting to see what happens in China on the 31st.
Market seemed to be kept artificially high by trading bots.. keeping it high in order to dump??
These are just some of the indicators i'm going by.
These and a healthy dose of wishful thinknig.

Anway.. looks to be rebounding now. Support at ~$776

[HairyMaclairy]

Still waiting. Price got within 9 dollars of my first buy point. I may have missed the dip but don't care if it was only 5%.  Not worth bothering about.

[chessnut]

can somebody please explain to me how to sell bitcoin on BTC-E?. It keeps telling me that I have entered a field incorrectly. I am trying to sell .086 BTC.
thanks everyone,

[CoinPanic]

Yes, no problem, just type in 0.86 and press "sell".

If I could help you feel free to donate 1 BTC or so...
198FjYx54H9mZFp7Ec478NwfQqmG2TsAc2

[ChartBuddy]

Explanation

[chessnut]

can somebody please explain to me how to sell bitcoin on BTC-E?. It keeps telling me that I have entered a field incorrectly. I am trying to sell .086 BTC.
thanks everyone,

You need a 0 in front of the decimal.

oh cheers there we go.
 

[billyjoeallen]

I think this could take ~ 2 weeks to play out. 2 weeks from today is 7th Feb.
I'm finding it hard to be patient and wait til then to see what happens, but i must. Damn nearly bought at 800 last night.
I expect to see it botto out somewhere in the range $500 - $600 but only temporarily. It should recover quickly, so one would have to be fast to catch the bottom - or pick you price and place you orders, and hope for the best.

I've been hearing that for days from several different people. Where do you get this? I'll be buying the whole way down if you're right, but they seem pretty damn cheap right now.

Hpmmm.. just my own observations. Inciddenty, i have been expecting this since the beginning of the year. I think there is money sitting on the sidelines, and people seem to be waiting to see what happens in China on the 31st.
Market seemed to be kept artificially high by trading bots.. keeping it high in order to dump??
These are just some of the indicators i'm going by.
These and a healthy dose of wishful thinknig.

Anway.. looks to be rebounding now. Support at ~$776

A crash that big would be bad for Bitcoin and scare away new investors and more importantly merchants. I believe in this thing and I want it to succeed in the long run, not just make short term money. Of course making money is good too, but it's not my top priority. But maybe a slower adoption rate is better. Most people couldn't handle these swings. That's why there's more slot machines than chairs at the no limit table. Texas Hodl 'em!

[fonzie]

You guys should consider the possibility that it is not sure that it will rebound in the next weeks/months if it goes down to 3-600$

[amencon]

can somebody please explain to me how to sell bitcoin on BTC-E?. It keeps telling me that I have entered a field incorrectly. I am trying to sell .086 BTC.
thanks everyone,

You need a 0 in front of the decimal.

Really? That'd be trivial to solve and would seem to give plenty of juice for the squeeze as it sounds likely to irritate or confuse plenty of users.  Good to know next time I use BTC-E though, thanks.

[kehtolo]

I think this could take ~ 2 weeks to play out. 2 weeks from today is 7th Feb.
I'm finding it hard to be patient and wait til then to see what happens, but i must. Damn nearly bought at 800 last night.
I expect to see it botto out somewhere in the range $500 - $600 but only temporarily. It should recover quickly, so one would have to be fast to catch the bottom - or pick you price and place you orders, and hope for the best.

I've been hearing that for days from several different people. Where do you get this? I'll be buying the whole way down if you're right, but they seem pretty damn cheap right now.

Hpmmm.. just my own observations. Inciddenty, i have been expecting this since the beginning of the year. I think there is money sitting on the sidelines, and people seem to be waiting to see what happens in China on the 31st.
Market seemed to be kept artificially high by trading bots.. keeping it high in order to dump??
These are just some of the indicators i'm going by.
These and a healthy dose of wishful thinknig.

Anway.. looks to be rebounding now. Support at ~$776

A crash that big would be bad for Bitcoin and scare away new investors and more importantly merchants. I believe in this thing and I want it to succeed in the long run, not just make short term money. Of course making money is good too, but it's not my top priority. But maybe a slower adoption rate is better. Most people couldn't handle these swings. That's why there's more slot machines than chairs at the no limit table. Texas Hodl 'em!

In a way i agree with you. It may not even drop that low and if it does it won't stay there for very long. Might not even see $600.
And anything below this is a bit of wishful thinking on my part.

I'm not looking for short term profit either. I have money waiting on stamp, and i'm trying to get as many coins as possible for this money. More coins the better in the long term. So this is why i'm willing it to go down a bit more. Greed on my part, i'll admit, but not short term greed. I Just want more coins, cheaper prices means more coins.

[magicmexican]

Is btc-e leading the market now? Or stamp? Looks like Mtgox/hyubi is out of the game or irrelevant

[fonzie]

Is btc-e leading the market now? Or stamp? Looks like Mtgox/hyubi is out of the game or irrelevant

It looks like LTC/USD @BTC-E is leading. They are always one step ahead.

[MatTheCat]

Is btc-e leading the market now? Or stamp? Looks like Mtgox/hyubi is out of the game or irrelevant

Gox is totally irrelevant but don't kid yourself about Huobi.

If these guys decide this bounce aint no fun, and they start to plummet, the whole of Bitcoin land goes with them....even Bitstamp with all its price holding up bots.

I watched the downslide as it happened. Huobi lead by a long margin and Bitstamp was very resistant to begin with, but eventually, the selling pressure broke the bot algorithms.