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

[NotLambchop]

[GaliX]

truely amazing, the crash is even faster than the rise..

it's because the price is only driven by daytrader who want to make fast $$

[hdbuck]

truely amazing, the crash is even faster than the rise..

it's because the price is only driven by daytrader who want to make fast $$

[podyx]

wow, fucking bothers me that everytime I put a sell order, it's perfect but $1 or $2 short of filling....

Would of had so much bitcoin if I was lucky for once

[damiano]

Hmm back to 220?

[JamesBrown]

yeah another hacked exchanger for thousands of coins has nothing to do with it, right?

EDIT: fkin hate gettin stopped like that!

[hdbuck]

wow, fucking bothers me that everytime I put a sell order, it's perfect but $1 or $2 short of filling....

Would of had so much bitcoin if I was lucky for once

sold @261

[ChartBuddy]

Coin
Explanation

[Fatman3001]

i have no idea what im doing but i know im doing it really really well

I'm not doing it well, but it's so bloody profitable that my wallet don't care.

[tarmi]

everybody over here are master traders.

I wonder where all that money is coming from?

[Fatman3001]

everybody over here are master traders.

I wonder where all that money is coming from?

litecoiners

[BrewCrewFan]

I hate to say it guys, until there is some kind of regulation to help protect your coins from being lost due to security issues, this is slowly going to kill bitcoin. No one will be willing to take the chance atm.

[Fatman3001]

wow, fucking bothers me that everytime I put a sell order, it's perfect but $1 or $2 short of filling....

Would of had so much bitcoin if I was lucky for once

You're lying your ass off. I would have loved to see your trade history.

[shmadz]

yeaaaah it's important to remember that there are like ... a couple thousand people ... like less than 5000 people ... who were involved in bitcoin in the sub $2 land when it was totally unknown when there was zero press zero exchanges zero merchant acceptance zero infrastructure and zero purpose for it ... and there's like now hundreds of thousands of victims investors now ... so it's critically critically important that those people who own tons of btc for zero investment continue to convince everyone else it's worth *anything* at all ... the vast majority of people who are not the core base super early fanatics have lost ... and lost badly ... simple ... obvious ...

This sums up rather nicely the reason why I often post the phrase "as low as possible for as long as possible"

I wish that life were fair. I wish that everyone could be rich. I would like the price to go back to 2 dollars or 2 cents so that everyone could get their "fair share".

Unfortunately, life doesn't work that way. We are all responsible for our own decisions. (And, apparently, the decisions of the politicians we elect)    

Life ain't fair. If you don't like it, tough shit.

[Fatman3001]

I hate to say it guys, until there is some kind of regulation to help protect your coins from being lost due to security issues, this is slowly going to kill bitcoin. No one will be willing to take the chance atm.

Let's not go overboard. Don't keep your coins at an exchange.

[hdbuck]

everybody over here are master traders.

I wonder where all that money is coming from?

oi, that just paper.

[damiano]

Wow everyone and there mom is shorting on okcoin

[BrewCrewFan]

I hate to say it guys, until there is some kind of regulation to help protect your coins from being lost due to security issues, this is slowly going to kill bitcoin. No one will be willing to take the chance atm.

Let's not go overboard. Don't keep your coins at an exchange.

Yeah us with half a brain know this BUT.... I was more or less aiming this at the normal joes in the world. To walk in cold right now and understand the step you need to take to secure you money is confusing. I was confused when I first got into crypto, so that would not be anything different for others.

Of course I got in well before the loss of Gox, and recently there has been way to many losses of thousands of coins that would put up any red flags to an investor who is jumping in.

[12345mm]

yuuuup sold at 260 as well ... well ... most of my holdings anyway ... sorry folks but when this thing can go up 20% in a day down 10% in 1 hour ... the *entire* value is solely being supported by those with extreme vested interests ... think of it like this ... is it worth it to drop 20K or 50K or 100K into supporting the price $10 higher than current value for an hour or two ... the answer is yes only if you have 2000 5000 or 10000 coins (or more , lots more) ... and that's the only kind of money that makes the market move at all or even stay at status quo ... these people are highly highly btc heavy and will dump lots of dollars in at this point to protect their btc value (which they can't easily liquidate without crashing the market instantly) ... it's a 3 billion market cap market that can be crashed to 0 with one 5 million $ cashout ...

[Mickeyb]

Yet another hack, down we go again! Sad!