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

[ChartBuddy]

Coin

Explanation

[Fatman3001]

Rumor of a CNY devaluation coming on Monday? If this is the case Chinese are already pricing in devaluation...

https://forum.bitcoin.com/speculation-f43/proof-china-is-leading-the-current-rally-t1460.html

That would sort of set us up for a crash next week.

[QuestionAuthority]

Prepare for the big price crash. I just bought back in so it should crash down to $200 now. 

[Patel]

1 week SAR just hit on bitstamp

[rjclarke2000]

Prepare for the big price crash. I just bought back in so it should crash down to $200 now. 

Hey, that's my trick

[chennan]

Prepare for the big price crash. I just bought back in so it should crash down to $200 now. 

Hahaha, why so gloom QA?  This is the comeback rally beyond $1000K again, so be happy... just curious though, how much investments did you make?

[8up]

1 week SAR just hit on bitstamp

Last time it flipped was in January!

[spooderman]

feels like late 2012. it's been so long since the gox drama.

[Fatman3001]

Prepare for the big price crash. I just bought back in so it should crash down to $200 now. 

Not this time. This time it's for real.

[8up]

feels like late 2012. it's been so long since the gox drama.

More like mid 2012

https://bitcointalk.org/index.php?topic=1211232.0

[roslinpl]

Prepare for the big price crash. I just bought back in so it should crash down to $200 now. 

I know that feeling.

In most cases when I sell 24h after price +%10-20.

No worries :-) No signs that it can be $200 any time soon.


Best regards.

[QuestionAuthority]

Prepare for the big price crash. I just bought back in so it should crash down to $200 now. 

Hahaha, why so gloom QA?  This is the comeback rally beyond $1000K again, so be happy... just curious though, how much investments did you make?

I hope your right. You can pretty much determine how to trade by just doing the opposite of what I do. But I agree it looks like it's going to keep rising. I spent 2k to start and if it goes to 300 I'll do another 2k.

[Lauda]

Prepare for the big price crash. I just bought back in so it should crash down to $200 now.  

Why is that? $200 seems like too much. I mean, we could see the price drop if that rumor turns out to be false. However, I do not see a drop by such a huge margin. However, what is going to happen if the rumor turns out to be real (+ if media reports that people are buying Bitcoin because of it)?

I hope your right. You can pretty much determine how to trade by just doing the opposite of what I do. But I agree it looks like it's going to keep rising. I spent 2k to start and if it goes to 300 I'll do another 2k.

You should be more optimistic, that helps.

[chennan]

Prepare for the big price crash. I just bought back in so it should crash down to $200 now. 

Hahaha, why so gloom QA?  This is the comeback rally beyond $1000K again, so be happy... just curious though, how much investments did you make?

I hope your right. You can pretty much determine how to trade by just doing the opposite of what I do. But I agree it looks like it's going to keep rising. I spent 2k to start and if it goes to 300 I'll do another 2k.

Nice... I think you're making a smart move.  But for me, being someone who has just started a family with student loan debts and everything, I can't seem to make that investment.  I just bought only 1 bitcoin a couple days ago, and saving up to buy another... I just hope I can save enough money to keep steadily buying bitcoins without breaking the bank.

[ImI]

lol china

seriously, nobody cares about china. if you substract the fake volume its as important as btc-e. at best!

[QuestionAuthority]

Prepare for the big price crash. I just bought back in so it should crash down to $200 now. 

Hahaha, why so gloom QA?  This is the comeback rally beyond $1000K again, so be happy... just curious though, how much investments did you make?

I hope your right. You can pretty much determine how to trade by just doing the opposite of what I do. But I agree it looks like it's going to keep rising. I spent 2k to start and if it goes to 300 I'll do another 2k.

Nice... I think you're making a smart move.  But for me, being someone who has just started a family with student loan debts and everything, I can't seem to make that investment.  I just bought only 1 bitcoin a couple days ago, and saving up to buy another... I just hope I can save enough money to keep steadily buying bitcoins without breaking the bank.

Yeah, if you're pressed for cash you shouldn't do it. I don't have those kind of expenses anymore so I have a little more freedom. Even if the price just continues to float in the 2-300 area I'm not going to lose it all. If it shoots up to 550 I've doubled my money. No worse than any other kind of gambling I guess.

[bad trader]

This is definitely legit.



There is no way this can go wrong!



[/sarcasm]

[molecular]

Rumor of a CNY devaluation coming on Monday? If this is the case Chinese are already pricing in devaluation...

Chinese Bitcoin traders are pricing in rumored devaluation more quickly than forex and other traders? I doubt it.

Forex is closed?
Well don't know if it is true or not

You have a point. If true... I don't know. Anyone chime in?

[chennan]

Prepare for the big price crash. I just bought back in so it should crash down to $200 now. 

Hahaha, why so gloom QA?  This is the comeback rally beyond $1000K again, so be happy... just curious though, how much investments did you make?

I hope your right. You can pretty much determine how to trade by just doing the opposite of what I do. But I agree it looks like it's going to keep rising. I spent 2k to start and if it goes to 300 I'll do another 2k.

Nice... I think you're making a smart move.  But for me, being someone who has just started a family with student loan debts and everything, I can't seem to make that investment.  I just bought only 1 bitcoin a couple days ago, and saving up to buy another... I just hope I can save enough money to keep steadily buying bitcoins without breaking the bank.

Yeah, if you're pressed for cash you shouldn't do it. I don't have those kind of expenses anymore so I have a little more freedom. Even if the price just continues to float in the 2-300 area I'm not going to lose it all. If it shoots up to 550 I've doubled my money. No worse than any other kind of gambling I guess.

Yeah, but I'm one of those people who like to gamble ... Plus I already have some like .5 bitcoins saved up from the last time I dumped them out, but now, for me, it's time to get back a heavy wallet (for me that's realistically like 2-3 BTC) lol.

[spooderman]

this has certainly been a lovely month