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

[JimboToronto]

Oh wait, it's only down about 15% in 2 days.

Lmao. Only 15 % in 2 Days!!

Some guys here are losing touch with the reality.

only 15% ?? ONLY

Compared to a one day drops of 16% on Nov13/2014, 35% on Dec7/2013 or 50% on Nov19/2013 (Bitstamp) or even greater one day drops on Gox, like 60% on Jun12/2011 or Apr10/2013?

16% spread over two days is small potatoes by comparison.

Some people here are indeed losing touch with reality.

[coinableS]

It's them damn miners and merchants! rabble rabble!!1 These dumps the result of miners trying to cover electricity costs and a busy barista house that logs into finex at the end of the day and dumps their coin at market rate.

[luckygenough56]

Are we supposed to take a btc-e bounce seriously ?

[noma]

Oh wait, it's only down about 15% in 2 days.

Lmao. Only 15 % in 2 Days!!

Some guys here are losing touch with the reality.

only 15% ?? ONLY

Compared to a one day drops of 16% on Nov13/2014, 35% on Dec7/2013 or 50% on Nov19/2013 (Bitstamp) or even greater one day drops on Gox, like 60% on Jun12/2011 or Apr10/2013?

16% spread over two days is small potatoes by comparison.

Some people here are indeed losing touch with reality.

But that happening repeatedly is the real problem here.

[Fatman3001]

It is extremely difficult to predict a bottom, i am also surprised as to why BTC is crashing. I would have thought that after the holiday season, buying pressure would resume which would push the price up. The opposite seems to be happening and i cant seem to understand why! Even the so - called gurus are clueless. I guess i am gonna ride this out. The money i invested in my 2 BTC was something that i could afford to lose. It would have been nice to make a profit, but well... you win some, you lose some i suppose! I am so into crypto now that i cannot imagine a world without it, but if BTC continues this slide, we may soon hit a stage when crypto would be worthless or would just become like a hobby, like collecting stamps and physical coins! .

The holiday effect happens, among other things, because people meet to talk to new people during the holidays. And I guess the story this holiday was the shorting opportunity of the century, not some new tech miracle. And it being awarded the price of "the only currency worse than the rouble" is not exactly rocket fuel either.

[hd060053]

Are we supposed to take a btc-e bounce seriously ?

always take btc-e serious, they are the oldest exchange and the most stupid people (in the trollbox) are there

[N12]

Compared to a one day drops of 16% on Nov13/2014, 35% on Dec7/2013 or 50% on Nov19/2013 (Bitstamp) or even greater one day drops on Gox, like 60% on Jun12/2011 or Apr10/2013?

16% spread over two days is small potatoes by comparison.

Some people here are indeed losing touch with reality.

This time around, the torture isn't magnitude or speed. The torture is time and persistence. Over a year of bear market, and now the former alltime high breached, for the first time ever.

[droptable]

......

 

okay i try

1) Tulip mania
2) Panic of 1873
3) (oil?-something?)
4) wtf
5) wtf
6) titanic

how many points do i get?

 beani baby
 something about pyramid

How is it you don't know your God?

aaaa. thats ponzi - thanks!

5) is bailout.
so we got them all i think.

[Fatman3001]

BTC-E at $277

[coinableS]

Are we supposed to take a btc-e bounce seriously ?

always take btc-e serious, they are the oldest exchange and the most stupid people (in the trollbox) are there

BTC-e the bearish of all exchanges is leading the bounce. So confused right now...

[luckygenough56]

china strongly disagrees

[podyx]

Had sell order on $273.5 and pulled it in the last second

FOR FUCKS SAKE... always this same shit

[ssmc2]

We now return to our regularly scheduled dumping.

[JimboToronto]

Compared to a one day drops of 16% on Nov13/2014, 35% on Dec7/2013 or 50% on Nov19/2013 (Bitstamp) or even greater one day drops on Gox, like 60% on Jun12/2011 or Apr10/2013?

16% spread over two days is small potatoes by comparison.

Some people here are indeed losing touch with reality.

This time around, the torture isn't magnitude or speed. The torture is time and persistence. Over a year of bear market, and now the former alltime high breached, for the first time ever.

Too bad volumes are too low compared to other crashes to be considered true capitulation.

[maranello1561]

Wow so many muppets everywhere. Bitcoin will only bottom when all the BTFD-er sheeple are taken to the woodshed by the big boys. We need a capitulation for a new bull run to start. Until then its just drip drip drip. Death by a thousand cuts

[ShroomsKit]

All cultist bulltards should be tremendously happy about this (predicted) price drop. It just means they got more cheap coins from all those weak hands. The cultists only care about hoarding as many bitcoins as possible, right? The BTC price measured in fiat is totally irrelevant, right? 

I can't speak for the rest of the bulltards, but I for one am tickled pink!

If you bears out there could dump this down to 250 by the middle of next week, that'd be great!

Thanks

Maybe it's time to step outside your little fantasy world for a minute and realize your begging for cheap coins is as stupid as it gets. You're watching Bitcoin getting destroyed in front of your eyes and somehow think this is a good thing. With every dollar we go lower the chance of going up again gets smaller. Bitcoin is dying. And you should be worried instead of thinking that after you get your cheap coins we will magically go up again and make you rich.

[ShroomsKit]

Wow so many muppets everywhere. Bitcoin will only bottom when all the BTFD-er sheeple are taken to the woodshed by the big boys. We need a capitulation for a new bull run to start. Until then its just drip drip drip. Death by a thousand cuts

The capitulation myth. Just like the weak hands myth. It is repeated at every crash and yet it never happens. You people are slow learners. Very slow.

[ChartBuddy]

Explanation

[JorgeStolfi]

does anyone else experience this 'gray rectangle' problem?

it occurs only in this thread as far as I can tell.
looks like some chrome bug in relation to images.

I have a similar problem but the grey part is at the bottom instead of to the right.  I use Fedora on Linux, but the problem only occurs in this forum.  

The bug appared when the forum started using an image service (imgur) to store and "sanitize" images.  It may have to do with the size of the file and the speed of the internet connection to the source where the image is uploaded from; basically there is an insufficient timeout somewhere along that path, and the file gets truncated.  Reducing the image size usually helps.  Try saving as JPEG format with quality 80 or less; it may get a bit fuzzy, but then you can wrap it in a link to the full version.

It is rumoured than, when the bitcoin price will reach 10'000 USD, the admins will be able to afford to hire a teenage programmer to fix this bug (and re-enable the uploading of avatars).

[NotLambchop]

Compared to a one day drops of 16% on Nov13/2014, 35% on Dec7/2013 or 50% on Nov19/2013 (Bitstamp) or even greater one day drops on Gox, like 60% on Jun12/2011 or Apr10/2013?

16% spread over two days is small potatoes by comparison.

Some people here are indeed losing touch with reality.

This time around, the torture isn't magnitude or speed. The torture is time and persistence. Over a year of bear market, and now the former alltime high breached, for the first time ever.

Too bad volumes are too low compared to other crashes to be considered true capitulation.

Most kids already took their toys & went home.  Used to be the happening sandbox, six years was a nice run tho.