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

[prophetx]

well btc-e is up higher than bitstamp

that usually means at least a dead cat bounce is due

[1715073885]

1715073885

[1715073885]

1715073885

[ssmc2]

I'm scared. Hodl me.

[Fatman3001]

If I wouldn't have missclicked my sell order for buy order, I would have made a solid kilo today...

Why didn't you just sell again?

Because it dropped a few dollars when I bought so I wanted to sell it at the level which I bought but that price never came

And the orders I set up trying to sell after that missed by a few cents all of them...

This reminds me of that part in Obamas inauguration speech when he thought americans invented the car. Massive brain, but not immune to brain farts.

[N12]

Bitstamp | Total bids: 2616909 USD. Total asks: 26962 BTC. Ratio: 97.05565 USD/BTC.
😈

Not sure how much relevant is this Blitz? With all this selling there is alot of fiat on the sideways... Waiting for the right moment.

I think that real problem is that ask sides on all the markets are still thin. Imposible to make a large (4k+) buy back without moving the market for 40$.
12k to 400$ on Bitstamp and Bitfinex, 19k shorts on finex... And we still haven't seen the real buying back. This will be fun  

Of course it's not much relevant, it is no more than a snapshot. However, there's been a divergence for quite some time:

[prophetx]

I'm scared. Hodl me.

it is going down to the $1xx's at least... probably at least a few months of stagnation, companies going out of business, people smashing their AntMiners with sledge hammers or burning them in bonfires to stay warm

[nanobrain]

I guess I'm the only one that sees the pattern for the timing of this bear trap. It's just too perfect.

What do you mean? Traders selling at the end of Wave 5 - epic bear trap as move up from the bottom?

I love the Elliot Wave adherents the best -- remember Chessnut: months and months of "definitely Wave 3 of v up to 620 by Wednesday"; "no, its wave iv of 3, nestled in a seven of nine, up $50 tomorrow". 

Wrong every time.
Comedy gold.

[findftp]

Oh man, I bought again but I feel sick to the stomach
Why does greed always make me physically feel sick.

[cbeast]

What, no suicide hotline posts?

[ShroomsKit]

When should i start buying bitcoins and litecoins ??

Any insider here?

Seriously?

[BlindMayorBitcorn]

What, no suicide hotline posts?

http://www.dailydot.com/business/suicide-hotline-reddit-bitcoin/

http://np.reddit.com/r/Bitcoin/comments/1r88vl/need_advice_on_inheritance_arbitrage_family_etc/

[luckygenough56]

welcome to the new economy fellow pioneers  

[cbeast]

I love it how they say that PoW is centralized so it keeps the price down, then they say when the price goes down they turn off their miners. Seems legit.

[ssmc2]

I'm scared. Hodl me.

it is going down to the $1xx's at least... probably at least a few months of stagnation, companies going out of business, people smashing their AntMiners with sledge hammers or burning them in bonfires to stay warm

Hahaa yeah I think that's a definite possibility. All I know is at some point this falling wedge will break up and hopefully I catch it near the reversal.  

[LOBSTER]

welcome to the new economy fellow pioneers  

New economy fellow pioneers? What do you mean?

[nanobrain]

Bitstamp | Total bids: 2616909 USD. Total asks: 26962 BTC. Ratio: 97.05565 USD/BTC.
😈

Not sure how much relevant is this Blitz? With all this selling there is alot of fiat on the sideways... Waiting for the right moment.

I think that real problem is that ask sides on all the markets are still thin. Imposible to make a large (4k+) buy back without moving the market for 40$.
12k to 400$ on Bitstamp and Bitfinex, 19k shorts on finex... And we still haven't seen the real buying back. This will be fun 

Of course it's not much relevant, it is no more than a snapshot. However, there's been a divergence for quite some time:

Ah... the legendary, mythical "fiat on the side", just waiting to come into play....biding its time for the last eleven months, no doubt distracted by the unicorns and mermaids keeping it company.

[droptable]

can anyone remember the time when the business-school folks where telling that BTC could not work because the price would increase forever, so no one would ever spend btc.  

[Fatman3001]

I'm scared. Hodl me.

I can HODL you thight and say that this is sort of starting to look like a reverse bubble. If this Anvil stops to sink there's a mountain of shorts that needs to be covered.

PS! I am not good at trading but I am The Boss!!! at rationalizing.

[DonQuijote]

Its wrong
You should write: bulls waiting pump

Again

[coins101]

Buying xrp is the ultimate sign of despair. You can't possibly fall lower than that.

Yeah buying something backed by Google and banks is a horrible idea  

Google and banks know more about you than you. Analysis of you is what they do best, its in their DNA and how they exist.

Giving them more access only means girls will be able to choose to date you based on your search histories and credit score. Your personality no longer matters to anyone but your mom.
 
Your argument leads to the inverse of financial freedom.

[fonsie]

This reminds me of that horrible company that put half eaten apples on their pc's that nobody wanted.