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

[inca]

Bitstamp | Total bids: 3230081 USD. Total asks: 8699 BTC. Ratio: 371.29663 USD/BTC

This doesn't mean anything, you are overlooking it... a correction to $250 is possible maybe followed with some stability for few days then the downtrend will continue till we hit the bottom (double digits, lower double digits)

Sure, I smell another drop coming, but I'm not sure if lower double digits is where it will end. There would be major capitulation at sub $150. Not sure if there would be enough people willing to sell at sub $100 to drive it that far.

I love bears. We just had a massive calamitous decline with a huge volume reversal, after a never ending 13 month bear market. When the market finally turns up they predict doom. As i said yesterday we will see who are just trolls/useful idiots to the whales controlling the market and who actually follow the trend.

[1713487836]

1713487836

[N12]

Bitstamp | Total bids: 3230081 USD. Total asks: 8699 BTC. Ratio: 371.29663 USD/BTC

This doesn't mean anything, you are overlooking it... a correction to $250 is possible maybe followed with some stability for few days then the downtrend will continue till we hit the bottom (double digits, lower double digits)

Sure, I smell another drop coming, but I'm not sure if lower double digits is where it will end. There would be major capitulation at sub $150. Not sure if there would be enough people willing to sell at sub $100 to drive it that far.

I love bears. We just had a massive calamitous decline with a huge volume reversal, after a never ending 13 month bear market. When the market finally turns up they predict doom. As i said yesterday we will see who are just trolls/useful idiots to the whales controlling the market and who actually follow the trend.

Those aren't bears, they are either bear cultists (permabears) or pigs.

[Richard Branson]

I love bears. We just had a massive calamitous decline with a huge volume reversal, after a never ending 13 month bear market. When the market finally turns up they predict doom. As i said yesterday we will see who are just trolls/useful idiots to the whales controlling the market and who actually follow the trend.

No offense, but you are a troll. You bought lots of bitcoins above 500$ (if your posts are correctly, but I think you were full of shit and had no money), and are still in the red by a lot.
Bears selling between 1000 and 800$ and rebought @ below 200$ have tripple or quadrupled their BTC holdings.

Who is now the bagholder/idiot/bulltard?

I believe in bitcoin investment (not in bitcoin itself) as a tool to gain lovely fiat. Just do not be afraid to trade or you get fucked up by BUY and HOLD or SODL low and buy high.

[macsga]

Bitstamp | Total bids: 3230081 USD. Total asks: 8699 BTC. Ratio: 371.29663 USD/BTC

This doesn't mean anything, you are overlooking it... a correction to $250 is possible maybe followed with some stability for few days then the downtrend will continue till we hit the bottom (double digits, lower double digits)

Sure, I smell another drop coming, but I'm not sure if lower double digits is where it will end. There would be major capitulation at sub $150. Not sure if there would be enough people willing to sell at sub $100 to drive it that far.

Another way to look at it is, when someone proposes "double digits" to look WHY he's so kind to let you know (also valid for high targets). Everybody has got the right to express himself; it's a speculation forum after all. Just don't be naive and swallow everything they throw at you, without first checking the odds of being a bait...

Just saying.

[ChartBuddy]

Bitfinex

Bitstamp

Explanation

[Totscha]

Bitstamp | Total bids: 3230081 USD. Total asks: 8699 BTC. Ratio: 371.29663 USD/BTC

This doesn't mean anything, you are overlooking it... a correction to $250 is possible maybe followed with some stability for few days then the downtrend will continue till we hit the bottom (double digits, lower double digits)

Sure, I smell another drop coming, but I'm not sure if lower double digits is where it will end. There would be major capitulation at sub $150. Not sure if there would be enough people willing to sell at sub $100 to drive it that far.

I love bears. We just had a massive calamitous decline with a huge volume reversal, after a never ending 13 month bear market. When the market finally turns up they predict doom. As i said yesterday we will see who are just trolls/useful idiots to the whales controlling the market and who actually follow the trend.

Those aren't bears, they are either bear cultists (permabears) or pigs.

I'm not a permabear, I'm just not convinced we have reached the bottom. Maybe it was yesterday. We'll see... No way to be sure until it's tested and retested.

As for mmitech. He's just permanegative. He loves to see things burn...

[elasticband]

Just fucking WOW! First known bitcoin related murder?


http://www.dnainfo.com/new-york/20150113/long-island-city/bitcoin-trader-accused-of-murder-was-tied-up-coerced-sell-stocks-da

[macsga]

Just fucking WOW! First known bitcoin related murder?


http://www.dnainfo.com/new-york/20150113/long-island-city/bitcoin-trader-accused-of-murder-was-tied-up-coerced-sell-stocks-da

This is just sad...

[elasticband]

Just fucking WOW! First known bitcoin related murder?


http://www.dnainfo.com/new-york/20150113/long-island-city/bitcoin-trader-accused-of-murder-was-tied-up-coerced-sell-stocks-da

This is just sad...

I wonder if the price drops had anything to do with why one of them wanted to liquidate their holdings? the pitfalls of multisig?

[buybtc.cz]

Something weird is going on. Swiss franc is up 30%.

[cbeast]

Good job locking your price in at 213, buddy!

The most important thing I learned about trading (stocks, gold, crypto, ..) is profit locking.
A virtual profit is worth nothing.

Oh look, the price is 215 now! You are losing profits!

[Totscha]

Something weird is going on. Swiss franc is up 30%.

They abandoned the 1.20 cap against euro:

http://www.bbc.com/news/business-30829917

[macsga]

Just fucking WOW! First known bitcoin related murder?


http://www.dnainfo.com/new-york/20150113/long-island-city/bitcoin-trader-accused-of-murder-was-tied-up-coerced-sell-stocks-da

This is just sad...

I wonder if the price drops had anything to do with why one of them wanted to liquidate their holdings? the pitfalls of multisig?

I find it possible. People are truly unpredictable when they're in panic. In any case, multisig is not supposed to be holding shared wallets, rather than help 2 or more parts making business together. Who knows?  

[kryptopojken]

Green 4h MACD

[Wekkel]

Green 4h MACD

Heat is on.

[Richard Branson]

Something weird is going on. Swiss franc is up 30%.

It was about time. Holding dirty swiss francs is better than bitcoin.  

[elasticband]

Just fucking WOW! First known bitcoin related murder?


http://www.dnainfo.com/new-york/20150113/long-island-city/bitcoin-trader-accused-of-murder-was-tied-up-coerced-sell-stocks-da

This is just sad...

I wonder if the price drops had anything to do with why one of them wanted to liquidate their holdings? the pitfalls of multisig?

as much as i hate the dailymail, a slightly more sensational and detailed report - http://www.dailymail.co.uk/news/article-2910402/Bitcoin-trader-18-accused-bludgeoning-heroin-addict-lawyer-roommate-death-says-tied-gunpoint-forced-sell-assets.html

[mmitech]

Bitstamp | Total bids: 3230081 USD. Total asks: 8699 BTC. Ratio: 371.29663 USD/BTC

This doesn't mean anything, you are overlooking it... a correction to $250 is possible maybe followed with some stability for few days then the downtrend will continue till we hit the bottom (double digits, lower double digits)

Sure, I smell another drop coming, but I'm not sure if lower double digits is where it will end. There would be major capitulation at sub $150. Not sure if there would be enough people willing to sell at sub $100 to drive it that far.

I love bears. We just had a massive calamitous decline with a huge volume reversal, after a never ending 13 month bear market. When the market finally turns up they predict doom. As i said yesterday we will see who are just trolls/useful idiots to the whales controlling the market and who actually follow the trend.

Those aren't bears, they are either bear cultists (permabears) or pigs.

I'm not a permabear, I'm just not convinced we have reached the bottom. Maybe it was yesterday. We'll see... No way to be sure until it's tested and retested.

As for mmitech. He's just permanegative. He loves to see things burn...

you must be new here, I am not negative... I am optimistic and bullish when the market is bullish, and pessimistic and bearish when the market is bearish, as simple as that.

BTW 1w chart is still showing a huge chance for a continuing downtrend (unless we recover to $450 in the next couple weeks)


This graph didn't fail yet:








Most "bulls" in this forum:





I don't see despair yet, when it hit most of you will abandon the ship, only then I will buy back, at this point my money is safe and stable in my bank account  

[inca]

I love bears. We just had a massive calamitous decline with a huge volume reversal, after a never ending 13 month bear market. When the market finally turns up they predict doom. As i said yesterday we will see who are just trolls/useful idiots to the whales controlling the market and who actually follow the trend.

No offense, but you are a troll. You bought lots of bitcoins above 500$ (if your posts are correctly, but I think you were full of shit and had no money), and are still in the red by a lot.
Bears selling between 1000 and 800$ and rebought @ below 200$ have tripple or quadrupled their BTC holdings.

Who is now the bagholder/idiot/bulltard?

I believe in bitcoin investment (not in bitcoin itself) as a tool to gain lovely fiat. Just do not be afraid to trade or you get fucked up by BUY and HOLD or SODL low and buy high.

Ha!

[elasticband]

$220 incoming