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

[mmitech]

if we break 610$ today i would say we have a new uptrend

dont look back at emptygox.

It almost seems as if someone at Bitstamp is attempting to FORCE that to happen so that people will think this.

I also think that is a dead cat bounce, I am still trying to convince my self that this is the bottom, but nope, I don't think so....

[FNG]

Is now a good time to buy?

you might want to hurry   

[fluidjax]

If MtGox is insolvent I hardly think it will be up to Mark to allocate funds.
I'm not even sure which was they wanted to move the market... is it supposed to be good or bad news?

[empowering]

That could be a way to move the market.

You want to move the market?  Its not on the site yet..hoax maybe!!

Edit: Hoax surely

Seems that they removed it fast! Maybe it wasn't meant to be published today.

Removed it fast? That's a hoax, you are fooling nobody.

please die

[tarmi]

I agree.

someone is really tryiing hard to push the price past 600. but average joe is simply not buying.

[ShroomsKit_Disgrace]

I agree.

someone is really tryiing hard to push the price past 600. but average joe is simply not buying.

I am not buying. Does that convert me into the average Joe?

[BubbaGumpShrimpinBoatCapn]

I agree.

someone is really tryiing hard to push the price past 600. but average joe is simply not buying.

I am average joe, and i am not buying this 600$ business.  We will see if it comes back to bite me, but judging by the hesitancy around 600$ here... Will just have to hold out a bit longer, maybe forever.

[slovenc]

600 $ resistance level..for how long?
maybe till next big news ?

[Davyd05]

570-610 seems like our range until someone dares to do as Tera pointed out force the market to believe.

[yrtrnc]

if we break 610$ today i would say we have a new uptrend

dont look back at emptygox.

It almost seems as if someone at Bitstamp is attempting to FORCE that to happen so that people will think this.

We will need some more positive news to push it past 600 and further.

[yrtrnc]

Right know we are at a stalemate.

[koryu]

if we break 610$ today i would say we have a new uptrend

dont look back at emptygox.

It almost seems as if someone at Bitstamp is attempting to FORCE that to happen so that people will think this.

that would be a bad boy but yes possible too.

anyway i am kinda relaxed, expecting an uptrend sooner or later. i guess we will see 800 again within next months, when we have gox behind us.

[empowering]

Right know we are at a stalemate.

We KNOW that we are NOW at a stalemate.

[JorgeStolfi]

So does this mean that if when I transferred in my BTC it was worth $1200 I will be getting $1200 per btc refund?

That would be epic..   

But I do not believe that statement, even if its indeed by Mark.  He may have written it only to buy time and hold off possible lawsuits.  Of course he could not promise to return the BTC because he has admitted that he does not have them.   I do not believe that he has the dollars either, but the world still has no information on that. 

And, characteristically, he does not give any numbers or firm dates.

The post could also be a way to manipulate markets, e. g. Bitcoinbuilder.

At this point I do not believe in any statement or revelation by anyone from the "bitcoin community", even if "proved" by PDFs or screenshots.   I do not know who is honest and who is spinning lies to cover up his own wrongdoings or moving the market.  Three months ago they were all good friends of Shrem and Karpeles...

I am afraid that the only way we may get minimally reliable information about what happened inside MtGOX is through liquidation and/or criminal investigation.

[FierceRadish]

So does this mean that if when I transferred in my BTC it was worth $1200 I will be getting $1200 per btc refund?

That would be epic..   

But I do not believe that statement, even if its indeed by Mark.  He may have written it only to buy time and hold off possible lawsuits.  Of course he could not promise to return the BTC because he has admitted that he does not have them.   I do not believe that he has the dollars either, but the world still has no information on that. 

And, characteristically, he does not give any numbers or firm dates.

The post could also be a way to manipulate markets, e. g. Bitcoinbuilder.

At this point I do not believe in any statement or revelation by anyone from the "bitcoin community", even if "proved" by PDFs or screenshots.   I do not know who is honest and who is spinning lies to cover up his own wrongdoings or moving the market.  Three months ago they were all good friends of Shrem and Karpeles...

I am afraid that the only way we may get minimally reliable information about what happened inside MtGOX is through liquidation and/or criminal investigation.

It's quite obviously bollocks, Jorge.

[empowering]

Unicorns every fkin where.  ^^

[Hypnoise]

570-610 seems like our range until someone dares to do as Tera pointed out force the market to believe.

if you have money on both sides, then it does no matter where it will go

[Luzio]

It almost seems as if someone at Bitstamp is attempting to FORCE that to happen so that people will think this.

Exactly. It still seems some people are easily impressed by some bid support on the charts. Yesterday it was the same. You would think they should know better by now. Also when it dropped a bit yesterday, bid walls were removed very prematurely. Still easy to ride these little waves though, just profit from it.

[TERA]

[San1ty]

Solid!