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

[surfer43]

Case study: Ukraine currency just fell 10% vs the dollar in 3 months and it is expected to fall even further.
So almost overnight because of your government you lose 10% of your life savings. That is robbery and another reason why we need Bitcoin and it will succed.

Any comments on this news Jorge ?

Funny how all the banks are so busy writing statements about the dangers of using Bitcoin.

Bitcoin does in an hour what Ukraine does in a month 

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[OldGeek]

I was gonna post that joking 'single digits by Friday' lament, but decided it wouldn't be in good taste.

[Phinnaeus Gage]

I guess the next question is whether $91.5 will hold otherwise you can put those double bottom pictures away.

Ain't the fucker dead yet (ref. MG, not MK, albeit...)?

[ChartBuddy]

Explanation

[solex]

I guess the next question is whether $91.5 will hold otherwise you can put those double bottom pictures away.

Ain't the fucker dead yet (ref. MG, not MK, albeit...)?

Gox has joined the Walking Dead. It just keeps limping along chewing up any BTC holders in the way.

[ShroomsKit]

Let's panic sell on Stamp because a non functioning exchange goes down.

Looking good thus far...complete detachment?

Actually no, it doesn't look good. We're at 560 now. Every time there is a dip on Gox Bitstamp goes down 10 or 20 dollars and doesn't recover. Gox is taking Stamp down. It's that simple.

[OldGeek]

One thing for certain:  those gox-bots got a good stress testing.

[Phinnaeus Gage]

I guess the next question is whether $91.5 will hold otherwise you can put those double bottom pictures away.

Ain't the fucker dead yet (ref. MG, not MK, albeit...)?

Gox has joined the Walking Dead. It just keeps limping along chewing up any BTC holders in the way.

[bangersdad]

So the question is will the off switch be used....or will it grind down to $0

[nanobtc]

Goxtool's depth view looks really funny. I've never actually seen "zero" visible on the chart. It's like looking at Christopher Columbus maps, that show the edge of the world. Here Be Dragons, indeed.

[Davyd05]

So the question is will the off switch be used....or will it grind down to $0

why would they off switch it? I can't wait for the next update, sitting here waiting for a rocket to blast off.

[surfer43]

Let's panic sell on Stamp because a non functioning exchange goes down.

Looking good thus far...complete detachment?

Actually no, it doesn't look good. We're at 560 now. Every time there is a dip on Gox Bitstamp goes down 10 or 20 dollars and doesn't recover. Gox is taking Stamp down. It's that simple.

Gox went down from 160 to 97 while Stamp went down from 590 to 565!!!

40% decrease compared to 5% decrease!!
Everything is fine, no worries!  

That's what is said before every disaster...
What will happen once GOX enables withdrawals? Sell for a 500% profit maybe?  

[OldGeek]

So the question is will the off switch be used....or will it grind down to $0

A good question.

I've been watching the gox show for a few days, and I have convinced myself that the panic of the first days is gone.  So, then, why all of the selling?  The market sells were so efficient that I begin to wonder if someone, could be a group, wants the price to tank.

The questions then become, who and why?

[surfer43]

So the question is will the off switch be used....or will it grind down to $0

A good question.

I've been watching the gox show for a few days, and I have convinced myself that the panic of the first days is gone.  So, then, why all of the selling?  The market sells were so efficient that I begin to wonder if someone, could be a group, wants the price to tank.

The questions then become, who and why?

The group is: everyone
The reason is: buy at a lower price and profit

[Davyd05]

So the question is will the off switch be used....or will it grind down to $0

A good question.

I've been watching the gox show for a few days, and I have convinced myself that the panic of the first days is gone.  So, then, why all of the selling?  The market sells were so efficient that I begin to wonder if someone, could be a group, wants the price to tank.

The questions then become, who and why?

panic seems to grow if you allow someone to sow that seed in your brain. I have a garden of buy hodl it is quite cheery.

[Davyd05]

So the question is will the off switch be used....or will it grind down to $0

A good question.

I've been watching the gox show for a few days, and I have convinced myself that the panic of the first days is gone.  So, then, why all of the selling?  The market sells were so efficient that I begin to wonder if someone, could be a group, wants the price to tank.

The questions then become, who and why?

The group is: everyone
The reason is: buy at a lower price and profit

I said it earlier, it is a giant game of limbo (how low can you go!), then it will be a rocket to mars.

[aminorex]

The only reason Gox matters is because y'all keep talkin' about it.

[OldGeek]

The group is: everyone
The reason is: buy at a lower price and profit

While I agree that there have been an awful lot of sellers, I don't see how many users, on different computers, could hit the market sell button all at the same time.

::shrug::  hope all of this wondering will be over with soon.

[surfer43]

Let's panic sell on Stamp because a non functioning exchange goes down.

Looking good thus far...complete detachment?

Actually no, it doesn't look good. We're at 560 now. Every time there is a dip on Gox Bitstamp goes down 10 or 20 dollars and doesn't recover. Gox is taking Stamp down. It's that simple.

Gox went down from 160 to 97 while Stamp went down from 590 to 565!!!

40% decrease compared to 5% decrease!!
Everything is fine, no worries!  

That's what is said before every disaster...
What will happen once GOX enables withdrawals? Sell for a 500% profit maybe?  

Could be.
Question is how many cheap Gox coins are there to sell and will they all be sold?
And more important what will happen once they have been sold!  

Everyday we're getting closer to leaving this gox show behind!  

I am loving the gox show. Profiting by 100s of percents  
Who knew something could be more volatile than BTC?  

[ChartBuddy]

Explanation