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

[AZwarel]

$3 $1 left until $400 equiv in yuan...  

Got a call 20 minutes ago from an old friend working for Citibank in Bahrain (remind you, it is 6:48 AM where i am -yes, still awake:). TLDR: "please get me some BTC, am just back from a conference about "blockchain" in Dubai". 'nuf said. 

[ChartBuddy]

Coin

Explanation

[Hunyadi]

$365 @finex 

[Omikifuse]

Small dumps everywhere.

Is this the top or just another bear trap, like the one in the weekend?

[eatmyshorts1]

Small dumps everywhere.

Is this the top or just another bear trap, like the one in the weekend?

Sell now

There will be 2 buyers for every coin you give up. The people who have been riding this upshot have by now told all they're friends who are now scrambling to buy. I know mine are.

[celes8]

$365 @finex 

pay no attention to it


China leads the market

[Richy_T]

My wife just walked in and said she heard bitcoin was doing well.... on the RADIO.  What? The radio DJs talk about bitcoin now?

I know the local talk radio guy mentioned it a while back. I can't remember what the price was but I know it was low enough that I considered sending him a Casascius coin.

[600watt]

haha, look at the poll...
 

[LFC_Bitcoin]

haha, look at the poll...
 

45 in denial, then again around 30 of them are probably alts 

[Richy_T]

You say it because you are sad that you got no profit with the recent bull attack because you have no Bitcoins

I bought 0.00000000 BTC when I first learned abot bitcoin -- in nov/2013, when the price was ~1200$.  So, even though my investment was fairly modest, and (as you already know) I have been able to double my holdings every day since then, I am still quite disappointed by the loss of almost 70% of the money that I put into this coin.

On the bright side, you did sell all of your holdings at the top of the last bubble and replenished them at the bottom.

[noobtrader]

You say it because you are sad that you got no profit with the recent bull attack because you have no Bitcoins

I bought 0.00000000 BTC when I first learned abot bitcoin -- in nov/2013, when the price was ~1200$.  So, even though my investment was fairly modest, and (as you already know) I have been able to double my holdings every day since then, I am still quite disappointed by the loss of almost 70% of the money that I put into this coin.

i think you should try buying 1.0 BTC this time, frankly buying 0.000000000 BTC will surely result in loss and disappointment. you can imagine if you were buying 0.00000000BTC at 200, you would still be disappointed atm.

[Cconvert2G36]

You say it because you are sad that you got no profit with the recent bull attack because you have no Bitcoins

I bought 0.00000000 BTC when I first learned abot bitcoin -- in nov/2013, when the price was ~1200$.  So, even though my investment was fairly modest, and (as you already know) I have been able to double my holdings every day since then, I am still quite disappointed by the loss of almost 70% of the money that I put into this coin.

i think you should try buying 1.0 BTC this time, frankly buying 0.000000000 BTC will surely result in loss and disappointment. you can imagine if you were buying 0.00000000BTC at 200, you would still be disappointed atm.

If I had a satoshi for every time someone tried to push Stolfi to buy "just one coin"... well, I'd have no where near a full bitcoin. 

[ChartBuddy]

Coin

Explanation

[JayJuanGee]

next big resistance is around 385 (fib level), but I still think  that we will meet heavy resistance up to 330

Don't want to brag or anything...

how much bitcoin you own greek boy ?

~400

https://blockchain.info/address/1NBM5DM317RfWsHXKUfPUDtba2scavpPoB

No. Transactions    5    
Total Received    0.0339867 BTC    
Final Balance    0.01603844 BTC
are you have other address ?

plenty

I can give you the private keys too...    

I've got 30 of this babies ,  god speed greek boy,

buy the way it's wake up time in sillicon valley

http://www.silicon-valley.fr/wp-content/uploads/2014/06/panneau.jpg[/img]

Damn I wish I had 400!, or anywhere near that, even 100, hell, I'd be happy with 30 at this point lol. I HAD over 25 btc, now I have like 5.5  

Yes, getting rid of nearly 80% of your holdings could NOT be good thinking, and it really probably indicates that you were bearis about bitcoin.

I feel a little bit bad about some of my aggressive attempts at trading BTC, and therefore my actual BTC holdings are nearly 3.5% down from their peak, but I am using some coins to attempt to hedge in both directions - nonetheless, whenever BTC prices shoot up, I experience some regrets about the number of coins in my holdings

No sir, I was never a bear.. I had no choice in the matter

I'm sorry to hear that.

I am sure that we cannot prepare for all contingencies, but if you were forced to cash out nearly 80% of your holdings, and if you were not a bear, then most likely, you had over-invested (and over extended yourself) to some extent.  

Certainly, I am NOT trying to be judgmental or critical because many times things can go in much of a different direction than we had expected.. and then things come up in life and then bears have been really successful in the past year or so in keeping down the price... but in the end, even a low price for a year, is kind of within what should have been expected and to be prepared for such, no?

Well, Certainly, I believe that there still is a lot of money to be made from bitcoin for those people who are smart enough and willing to recognize and admit that bitcoin is still in its very early days... and we are currently seeing some pumping and some attempts at dumping, and the battle, in essence is being won by the bulls... at least that is our current momentum.  

We have an auction coming up this week, so interesting times ahead.

I am currently not suggesting that we are completely cleared from the bull market, but it seems pretty fricking good, especially the quantity of volume of trade that has been going on in the past nearly 12 weeks  - look at the weekly candles on bitstamp... entering into week 12 with really good numbers that started out approximately the week before the $198.12 lowpoint in the fourth week of August.

Man, I could swear I read that the first time around and the negative in that third paragraph was NOT capitalized. I thought for sure you had that thing beat. Now I'm going to sleep imagining you went back and fixed that. Like you couldn't help it. I don't know if that's what happened, but it's a pretty funny thought. Isn't JJG

O.k. 

Just for your pleasure, and since you were nice about it, I will try to remember to try a few posts without capitalizing not, and see how it goes. 

Maybe with a little conscious effort, I will get my fingers to stop automatically going to the shift key when I get in to the "n" "o" "t" combination of letters?

[TReano]

so even 1broker.com ran out of borrow bitcoin funds...


https://twitter.com/1BrokerCom/status/661329906689773568



I wonder what is going to happen when Literately EVERYBODY is long.... That's not healthy for sure..

[Fatman3001]

Shorts down to 18k on finex
Longs down 3.3 mill to 22.3

[celes8]

I'd be surprised tomorrow if there is a serious pullback.


Because there's still going to be a lot of USD being confirmed and now ready to trade on the exchanges. And as long as China continues to trade at a 2-4% premium, there will be technical buying (be it arbitrage or value) by people.


Longer term (e.g. days to 2weeks) ahead, there will be a period of contraction or cool down. Our rise is parabolic and unsustainable. The real question is have we established a new higher low, and perhaps more importantly, will people who are underwater on their bitcoin investment be motivated to sell during a contraction out of fear that we will trend back to 220$ or $280? Or will sentiment be strong enough that they hold while the bots and manipulators attempt to rig price discovery?

[JayJuanGee]

No sir, I was never a bear.. I had no choice in the matter

I'm sorry to hear that.

I am sure that we cannot prepare for all contingencies, but if you were forced to cash out nearly 80% of your holdings, and if you were not a bear, then most likely, you had over-invested (and over extended yourself) to some extent.

I was actually doing just fine, what it boils down to is someone was jealous and pretty much did the best they could to ruin my life...

Actually towards the beginning of January 2015, I ran into some kind of unexpected problems too, dealing with someone who decided to engage in vengeful conduct.

Accordingly, my finances were considerably affected by the behavior of that vengeful person.  luckily I did not have to sell any bitcoins at the low in the market, but I was hampered in my ability to take advantage of extended periods of low prices, which further hampered me in creating various strategies to cope with the prolonged stagnant period of BTC prices.

Beginning in April, I was kind of able to begin to buy coins again, and my abiity to buy coins improved over the summer and even into August... and in essence, I was able to accumulate quite a few coins in the $200s - even though it was much fewer in the event that my persona situation had not been so hampered by another persons rash behavior(s).

[noobtrader]

does anyone look at gemini, they are flashing 500.000 per bitcoin ask all the time...   

[Asrael999]

does anyone look at gemini, they are flashing 500.000 per bitcoin ask all the time...   

well the twins have to sell their coins somehow - the ETF isn't ready yet