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

[delaro]

Bitcoinbuilder back up just now

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[derpinheimer]

Like I said yesterday where going below $100 we will keep going tell we hit 0. I don't understand where all the selling is coming from you would think at some point sellers would run out. I guess someone is just creating fake iou's and selling for free to get money.

Because thats totally possible LOL

Not happening. Single digits will not happen.

[adamstgBit]

Bitcoinbuilder back up just now

this could mean more dumps on stamps

1) buy GOXBTC on gox
2) trade on Bitcoinbuilder for real btc
3) send to stamps, sell
4) profit 

[fotosonics]

Ain't so bad.

[adamstgBit]

Ah of course. All that selling on Stamp is done by wolves and not by idiots panicing because Gox going down. Yeah silly me, how did i not see that.

And who were the 'idiots' doing the selling before Gox was going down? More 'Sheep' I suppose.

Perhaps you are the idiot and the sheep? Afterall, you are the fkn clown who has lost more than half your net worth through holding your Bitcoin way too long after the top of the wildly over-extended market was in and are still holding, blaming 'the sheep' all the way down.

Be very worried by the way. This whole grind down has occurred almost without a single whale taking a dump. Just once, just after midnight (UK time). The 'support' at $540 clearly isn't happening. Gonna be some whales witnessing this and getting very nervous.

when the price rises you sell and it keeps rising will you leave us?

[MANofthePEOPLE]

Looks like it might go down again? Not enough people to buy back in to drive it up

[adamstgBit]

Looks like it might go down again? Not enough people to buy back in to drive it up

good! i missed the bottom.

[ShroomsKit]

Ah of course. All that selling on Stamp is done by wolves and not by idiots panicing because Gox going down. Yeah silly me, how did i not see that.

And who were the 'idiots' doing the selling before Gox was going down? More 'Sheep' I suppose.

Perhaps you are the idiot and the sheep? Afterall, you are the fkn clown who has lost more than half your net worth through holding your Bitcoin way too long after the top of the wildly over-extended market was in and are still holding, blaming 'the sheep' all the way down.

Be very worried by the way. This whole grind down has occurred almost without a single whale taking a dump. Just once, just after midnight (UK time). The 'support' at $540 clearly isn't happening. Gonna be some whales witnessing this and getting very nervous.

Lost half my net worth? Wtf are you talking about you idiot? You're going on ignore with the other idiots. Bye!

[isov]

So glad that I dont have anything in gox. But wonder how pissed all people who have must be. I'm very pissed with gox, I mean how in the hell can they be so crappy? Hope they go bankcrupt and someone cracks Marks fingers so he is never ever going to do anything computer related. I mean this is real actual bullshit what they are doing.

[derpinheimer]

Ah of course. All that selling on Stamp is done by wolves and not by idiots panicing because Gox going down. Yeah silly me, how did i not see that.

And who were the 'idiots' doing the selling before Gox was going down? More 'Sheep' I suppose.

Perhaps you are the idiot and the sheep? Afterall, you are the fkn clown who has lost more than half your net worth through holding your Bitcoin way too long after the top of the wildly over-extended market was in and are still holding, blaming 'the sheep' all the way down.

Be very worried by the way. This whole grind down has occurred almost without a single whale taking a dump. Just once, just after midnight (UK time). The 'support' at $540 clearly isn't happening. Gonna be some whales witnessing this and getting very nervous.

Lost half my net worth? Wtf are you talking about you idiot? You're going on ignore with the other idiots. Bye!

Just about everyone has you ignored you whiny bitch LOL

[adamstgBit]

dear virtex traders,

there is very little bid depth, the ask walls are very scary, stamps is going down, sell now b4 it is too late!

that is all.

[aminorex]

new baseline for the triangle.  new apex at 605 on 18 Mar.
that's when the happyhappy funtimes begin.

[silverfuture]

dear virtex traders,

there is very little bid depth, the ask walls are very scary, stamps is going down, sell now b4 it is too late!

SELL ME YOUR COINS!

that is all.

ftfy

[fotosonics]

new baseline for the triangle.  new apex at 605 on 18 Mar.
that's when the happyhappy funtimes begin.

Got visuals?

[MatTheCat]

Do whales get nervous -- in either the literal or idiomatic sense?

I'd have thought due to his size (physical or financial) he would simply shrug and swim on.

Bitcoin is down around $150 in one week. If you had 1000 BTC (by no means a proper whale amount), that is $150K less value you have. Considering some of these guys had next to nothing before they invested/mined in Bitcoin, I would suggest that such shrinkage in nominal value leaves many large scale holders of Bitcoin with quite an uneasy feeling in their guts. Perhaps they would have to work 5 years in their day jobs to earn this sort of money. Now, it looks like Bitcoin is going to go another $150 lower sooner or later.....so if you had 10K BTC, and were considering that possibility, what might you want to do with at least some of your stash, assuming Bitcoin wasn't just an amusing gamble on the side to take your mind of your hedge funds and vaults full of gold bullion?

[Richy_T]

Is it possible that mtgox trading engine is actually broken?
I mean c'mon, how much btc is on gox? Most of the traders allready withdraw them out months ago... right? And there was really alot of btc sold in last 2 weeks, I know there is alot of trading but still?!? Or mtgox is selling his own stash? But why at those prices?

Hmm. If there is a lack of liquidity (and I'm not saying there is), perhaps that could have been the cause. If the engine executed a bunch of non-existant trades (with a buyer but no seller or vice versa) and those happened to tun out to be bad trades, it would be quite possible for Gox to end up in the hole. If they didn't discover it until too late, it might not have been possible to roll it back.

[billyjoeallen]

Goxcoins gonna rocket. It's just a matter of time. Window of opportunity is finite. In this game, you have to put your self in a position to get lucky.

[Chalkbot]

Do whales get nervous -- in either the literal or idiomatic sense?

I'd have thought due to his size (physical or financial) he would simply shrug and swim on.

Bitcoin is down around $150 in one week. If you had 10000 BTC (by no means a proper whale amount), that is $150K less value you have. Considering some of these guys had next to nothing before they invested/mined in Bitcoin, I would suggest that such shrinkage in nominal value leaves many large scale holders of Bitcoin with quite an uneasy feeling in their guts. Perhaps they would have to work 5 years in their day jobs to earn this sort of money. Now, it looks like Bitcoin is going to go another $150 lower sooner or later.....so if you had 10K BTC, and were considering that possibility, what might you want to do with at least some of your stash, assuming Bitcoin wasn't just an amusing gamble on the side to take your mind of your hedge funds and vaults full of gold bullion?

Check your math.

[MatTheCat]

Goxcoins gonna rocket. It's just a matter of time. Window of opportunity is finite. In this game, you have to put your self in a position to get lucky.

If you say oh wise one.

Are you putting money into Gox to buy some übercheap Goxcoin? ( I hope so).

[TooDumbForBitcoin]

Bitcoin is down around $150 in one week. If you had 10000 BTC (by no means a proper whale amount), that is $150K less value you have.

There is a job waiting for you at Mt. Gox as a bookkeeper.