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

[NotLambchop]

Is it possible bitstamp is driving the price down to purchase the coins they lost?

Yeah, their buddies, the other exchanges, are helping them out.  Kinda like club courtesy, only with your money.

[inca]

So we either bounce now or dive lower I suppose!

[NotHatinJustTrollin]

This is getting hilarious  
I'm using Electrum 2.0 with Trezor. What exactly is the problem now?

Standard Electrum re;lease, or did you have to compile a nonstandard version of he source yourself?

Joe the Plumber said that he compiled the source himself...

while plumbing and heating.

lol



By the way bulltards, how do you like that?

[dEBRUYNE]

So we either bounce now or dive lower I suppose!

We didn't really bounce last bottom (after april 2013 bubble), credits to dnaleor for the pic.

http://gyazo.com/28cba57877bfc03a6b2b32f1e7cad4cd

[inca]

So we either bounce now or dive lower I suppose!

We didn't really bounce last bottom (after april 2013 bubble), credits to dnaleor for the pic.

http://gyazo.com/28cba57877bfc03a6b2b32f1e7cad4cd

Thanks.

Long interest down to 17.1 million. Short interest still at 19k. Interesting few days ahead.

[Hunyadi]

Horrible time to be a bitcoin cultist. 

[ejinte]

Is it possible bitstamp is driving the price down to purchase the coins they lost?

no

[Tzupy]

...
Long interest down to 17.1 million. Short interest still at 19k. Interesting few days ahead.

To be precise, short dropped to 18k from 24k, and now grew to 19.5k.

[ejinte]

I'm back, gentlemen.  Everything's gonna be okay now.

where did you go? missed you boy

[inca]

...
Long interest down to 17.1 million. Short interest still at 19k. Interesting few days ahead.

To be precise, short dropped to 18k from 24k, and now grew to 19.5k.

well quote the 200,000 dollar rise in longs then!

[NotHatinJustTrollin]

The only reason to go up temporarily would be a short squeeze?

Nice, tell that to the greater fools new bitcoin investors. Best reason to buy something evah.
Go, evangelise!  

[Blazin604]

Buy?..or buy?

[EFS]

Buy?..or buy?

Stay away for next 3 months.

[DaRude]

Is it possible bitstamp is driving the price down to purchase the coins they lost?

NO to "drive" price down they have to buy up a lot of btc and credit people fiat which would be suicide, on top of that it only has like half the volume of Finex or a bit over BTC-E. By the looks of it this is China cashing out big time. Seeing how farms are starting to shut down speculating that it's the mine farm squeeze of 2015.

[inca]

Buy?..or buy?

Stay away for next 3 months.

Is there a doctor in the house?

[DaRude]

Buy?..or buy?

Stagger buys down to $175 or so and walk away

[NotHatinJustTrollin]

Buy?..or buy?

Abandon ship, GTFO or run for the hills?

[exocytosis]

Remember how the price dropped massively ahead of the Bitstamp "hack" announcement?

It seems like we'll be getting a new announcement (but not necessarily from Bitstamp) quite soon ... This is a good time to invest in the popcorn industry.

Good luck, cultists. Keep on "buying" all those "cheap coins". (Read: Insanely overpriced coins.)

[fonsie]

This is getting hilarious  
I'm using Electrum 2.0 with Trezor. What exactly is the problem now?

Standard Electrum re;lease, or did you have to compile a nonstandard version of he source yourself?

Joe the Plumber can compile it himself, it's easy. Perhaps he should try explaining it to that dumb fucker aka Mr. IT guy.  

[NotLambchop]

Horrible time to be a bitcoin cultist. 

It's the age of the bear.  Proud, noble animal, the bear.
Filthy bull's life is nothing but puking repeatedly into own mouth & re-eating his vomit (chewing cud).  That gross or what?