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

[esse83]

So 220 held over night, bit of bullish sentiment?  
Could we have found the bottom or are we expected to go any lower today?
Hopefully the dumps have stopped for now, I did pick up a few cheap coins yesterday though, it'd be rare for me to buy at the very bottom though lol.
What does everybody think, 220 a strong resistant bottom or can we go even lower?
 

What if I told you, there is no bottom. But seriously, later this year I bet the price will be in the low 1xx range. But good luck, I'm sure you'll make a fortune.

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[Mickeyb]

So 220 held over night, bit of bullish sentiment? 
Could we have found the bottom or are we expected to go any lower today?
Hopefully the dumps have stopped for now, I did pick up a few cheap coins yesterday though, it'd be rare for me to buy at the very bottom though lol.
What does everybody think, 220 a strong resistant bottom or can we go even lower?
 

I really don't know what to think at the moment. I am very confused. It can go either way!

[Globb0]

light bulb miner guys. it's big

http://www.coindesk.com/bitfury-light-bulbs-mine-bitcoin/

[clipman77]

So 220 held over night, bit of bullish sentiment? 
Could we have found the bottom or are we expected to go any lower today?
Hopefully the dumps have stopped for now, I did pick up a few cheap coins yesterday though, it'd be rare for me to buy at the very bottom though lol.
What does everybody think, 220 a strong resistant bottom or can we go even lower?
 

I really don't know what to think at the moment. I am very confused. It can go either way!

Yes, we will go down even lower.It's not good for me and for all of you.

[Fatman3001]

So 220 held over night, bit of bullish sentiment?  
Could we have found the bottom or are we expected to go any lower today?
Hopefully the dumps have stopped for now, I did pick up a few cheap coins yesterday though, it'd be rare for me to buy at the very bottom though lol.
What does everybody think, 220 a strong resistant bottom or can we go even lower?
 

If you look at BTC-E/EUR or Kraken/EUR 3 day charts you will see that it's not healthy for us to go much further down. The same charts tells us that we might go up to the $240s again. However, the strengthening dollar tells me we should be happy with the $220-$230s until a proper breakout occurs.

To anyone else, I know this isn't pro TA. Please shoot me down, but try to make it a cogent argument; not just poo-pooing.

[ChartBuddy]

Coin
Explanation

[gizmoh]

Around $220 is an important support. More consolidation ahead IMO.

[JorgeStolfi]

light bulb miner guys. it's big

http://www.coindesk.com/bitfury-light-bulbs-mine-bitcoin/

"We believe that the project’s focus should not be on making money from bitcoin mining, but on creating innovative solutions with main purpose to use this product for educational purposes and fun."

Which one your girlfriend is more likely to come upstairs to see:

(a) the autographed photo of you and Justin Bieber;
(b) the pet rock that Granma gave you;
(c) your bitcoin-mining lamp?

But maybe one can use heat from a mining chip to drive a Lava Lamp?

[fonzie]

light bulb miner guys. it's big

http://www.coindesk.com/bitfury-light-bulbs-mine-bitcoin/

"We believe that the project’s focus should not be on making money from bitcoin mining, but on creating innovative solutions with main purpose to use this product for educational purposes and fun."

Which one your girlfriend is more likely to come upstairs to see:

(a) the autographed photo of you and Justin Bieber;
(b) the pet rock that Granma gave you;
(c) your bitcoin-mining lamp?

But maybe one can use heat from a mining chip to drive a Lava Lamp?

 

[luckygenough56]

220 still magic number for now 

[ChartBuddy]

Coin
Explanation

[Norway]

https://bitcointalk.org/index.php?topic=1077623.msg11508726;boardseen#new

Bullish!
They are making Bitcoin Tracker One on Nasdaq Stockholm more liquid.

[tarmi]

https://bitcointalk.org/index.php?topic=1077623.msg11508726;boardseen#new

Bullish!
They are making Bitcoin Tracker One on Nasdaq Stockholm more liquid.

some liquidity!

I give you the coins, now show me the money.

[uhoh]

light bulb miner guys. it's big

http://www.coindesk.com/bitfury-light-bulbs-mine-bitcoin/

"We believe that the project’s focus should not be on making money from bitcoin mining, but on creating innovative solutions with main purpose to use this product for educational purposes and fun."

Which one your girlfriend is more likely to come upstairs to see:

(a) the autographed photo of you and Justin Bieber;
(b) the pet rock that Granma gave you;
(c) your bitcoin-mining lamp?

But maybe one can use heat from a mining chip to drive a Lava Lamp?

Actually a better idea. The waste product is heat, so all they've made is a less efficient, hotter, LED lightbulb. Nonsense.

[LFC_Bitcoin]

220 still magic number for now 

Cracks are appearing but how long is it going to hold?
You god damn bears are having your way right now, I initially thought 220 would hold but the longer it hovers just above the more likely it is to fall below.
I can't remember what a green dildo looks like lol.
**Prays to bitcoin God's for a few shoots of green & a fresh sign of life in this bitcoin game**

 

[Fatman3001]

https://bitcointalk.org/index.php?topic=1077623.msg11508726;boardseen#new

Bullish!
They are making Bitcoin Tracker One on Nasdaq Stockholm more liquid.

some liquidity!

I give you the coins, now show me the money.

It's the scandinavian way.

light bulb miner guys. it's big

http://www.coindesk.com/bitfury-light-bulbs-mine-bitcoin/

"We believe that the project’s focus should not be on making money from bitcoin mining, but on creating innovative solutions with main purpose to use this product for educational purposes and fun."

Which one your girlfriend is more likely to come upstairs to see:

(a) the autographed photo of you and Justin Bieber;
(b) the pet rock that Granma gave you;
(c) your bitcoin-mining lamp?

But maybe one can use heat from a mining chip to drive a Lava Lamp?

Actually a better idea. The waste product is heat, so all they've made is a less efficient, hotter, LED lightbulb. Nonsense.

I'm just wondering how this is going to look like with the new wave of energy efficiency legislation. I can't buy a regular light bulb anymore because it's too energy inefficient, putting a miner in it won't help.

Edit: Not to mention encouraging people to leave their lights on for longer than needed.

[Globb0]

Yes but is it still a bulb? maybe it moves class


Anyway, 2 satoshis a year shouldnt be sniffed at. And for only $500 per bulb!

[ChartBuddy]

Coin
Explanation

[Norway]

https://bitcointalk.org/index.php?topic=1077623.msg11508726;boardseen#new

Bullish!
They are making Bitcoin Tracker One on Nasdaq Stockholm more liquid.

some liquidity!

I give you the coins, now show me the money.

It's just 9k coins. And the market is still thin at Nasdaq Stockholm. But that does not prove that you are not a negative douchebag  

[tarmi]

I am here to take your money. Nothing negative in that, but you are free to call me douchebag.