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

[SkyValeey]

Those 20btc orders now also on okcoin (mostly on bid side). Market maker planing a little push up?

When the democratic revolution comes to China it would probably be nice to have some currency without The Great Leaders head on it. They should buy some.

Democracy in China? Are you high on crack?

[ChartBuddy]

Coin
Explanation

[coinpr0n]

who is with me holding and buying?  



EDIT: FUCK YOU BEARS 

Buying all the way down ...

[marcus_of_augustus]

https://twitter.com/GrayscaleInvest/status/587703957524500481

WS knocking...

more like fumbling around looking for their keys

[LFC_Bitcoin]

who is with me holding and buying?  



EDIT: FUCK YOU BEARS 

Holding all the way down.
Buying 2 BTC a month atm.
Might increase that depending how low we go.

[mavericklm]

do i get the feeling that big mining farm and small miners are holders??? and a bit of buyers too?
going by the above(the part with buyers) then btc price is ''normal'' if it is under 200$...
yeah i know, there are more variables involved

[gkv9]

Holding all the way down.
Buying 2 BTC a month atm.
Might increase that depending how low we go.

That's awesome if you are bagholding BTC, it will be recovering soon for sure...
Just waiting for some actual good news to come out (not rumors) in order for it to gain some more exposure...

[LFC_Bitcoin]

People don't share their bearish insights before they first adjust their own position.

The magnitude of beartalk has increased by the day, and price has also declined. My occam's razor conclusion is that the slide is caused by people selling, and the increased beartalk is a reflection that they are short (either net short, or short of their base position).

The increased beartalk therefore equals to less chance of continued decline, all other things being equal.

Nice to read from somebody I know has made big cash from BTC instead of trolls & socks in here.

[LFC_Bitcoin]

Holding all the way down.
Buying 2 BTC a month atm.
Might increase that depending how low we go.

That's awesome if you are bagholding BTC, it will be recovering soon for sure...
Just waiting for some actual good news to come out (not rumors) in order for it to gain some more exposure...

Hope you're right my friend.

Maybe one day this will all be worth it

[ChartBuddy]

Coin
Explanation

[nioc]

Will it break 209 resistance by morning?  Very possible.

I don't know what time zone you are in but it is morning for me.  The low overnight was 218 on bitfinex.

On the other hand I haven't a clue, have been too busy to follow closely.  I didn't buy on the dip from 245 to 235 but couldn't resist 225. 

I have averaged up and my avg cost is now zero.  It doesn't look like I'll have much fiat for a couple of weeks.

[gkv9]

Don't mistake hodling for bagholding. I held my coins when the price was 170 with no regrets. I can wait.
The low stable price of Bitcoin is somewhere between $200 and $230 and we'll be probably crossing this line more than once this year.

The stability might be destroyed within seconds as we already witnessed BTC under $190 a few months back, which was not expected and everyone thought that someone went mad and pressed the wrong button...

[macsga]

Holding all the way down.
Buying 2 BTC a month atm.
Might increase that depending how low we go.

That's awesome if you are bagholding BTC, it will be recovering soon for sure...
Just waiting for some actual good news to come out (not rumors) in order for it to gain some more exposure...

Don't mistake hodling for bagholding. I held my coins when the price was 170 with no regrets. I can wait.
The low stable price of Bitcoin is somewhere between $200 and $230 and we'll be probably crossing this line more than once this year.

Patience is a virtue; BTC has proved itself quite resilient and robust so far. Imagine yourselves when the price inclines again towards the next bubble if you've sold around these prices. I've once sold 30BTCs at $10. I've decided that I won't be doing this thing again...

[gkv9]

Patience is a virtue; BTC has proved itself quite resilient and robust so far. Imagine yourselves when the price inclines again towards the next bubble if you've sold around these prices. I've once sold 30BTCs at $10. I've decided that I won't be doing this thing again...

True, patience is what we need here all the time...
BTW, 30 BTC at $10??? I can actually understand how you must be feeling currently...
Also, still struggling to get such amount of BTC on hands...

[tarmi]

yeap, bitstamp order book surely looks pretty confident.

where are all those noobs calling for a new bull market? laughing my ass.

[ChartBuddy]

Coin
Explanation

[DonQuijote]

who is with me holding and buying?  



EDIT: FUCK YOU BEARS 

Buy & sell & buy is the best move

[Warren Buffett]

Most people want to get rid of their bag now, as the price decline is demonstrating. The music stopped about a year ago; the time to sell was back then, but it's not too late. Better $220 than $0.

[empowering]

Boring.

[YourMother]

Soon enough some of the whales that own tens of thousands of bitcoins will start to think:

"Hmm, i see that this lottery ticket is on a bear trend since 1 year and a half, going strong on 2. Are the potential millions of dollars worth the wait (extremely risky) or i should just cash out and enjoy my life while i'm on my 20's-30's ?

This is a scenario to take in consideration. If this mentality sets in, goodbye Shi...Bitcoin! It's done...

I still believe that this is one of the reasons for the recent dumps. The enthusiasm fades away slowly and as we know, owning bitcoins is an incredibly stressful experience. Especially for those who get to see their fortunes reduced to 70%... 50%...30%...and so on. Imagine having 10 million dollars worth of BTC in 2014 now reduced to 1.6 millions. Heart breaking...