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

[AmazonStuff]

I don't know what they are trying to do on Huobi, but clearly as more as Huobi gets disconnected, more money they burn, when they lose fuel, price will have downward slingshot effect, it's exchange rate will actually be below other exchanges. Just remember what happened to Mt.Gox, trading at $1200, other exchanges at $800-$900 and then trading at $10-80 while other exchanges were at $600, I would call this the ponzi pattern.

[Sitarow]

[NatoshiSakamato]

Lol you guys all sold or something ?

China is showing no signs of slowing down, this isnt over soon.

[kromtar]

You guys underestimate millions of deceived people with lots of money looking for something that is not corrupted to put a very small amount in.

Every time the market move this must be a bot or whale, you are gox paranoids.

[Spaceman_Spiff]

I don't know what they are trying to do on Huobi, but clearly as more as Huobi gets disconnected, more money they burn, when they lose fuel, price will have downward slingshot effect, it's exchange rate will actually be below other exchanges. Just remember what happened to Mt.Gox, trading at $1200, other exchanges at $800-$900 and then trading at $10-80 while other exchanges were at $600, I would call this the ponzi pattern.

Unless these people want the money to go out of China asap.  Buy in Chinese exchange, and sell it on a western exchange.  Would also explain the premium.  
Or Ponzi suckers buy at Chinese exchange, Ponzi operating basterds sell on BTC-e.

[marcus_of_augustus]

no one believes in the rally and it's up 100% in a month ... we got a long way to go.

[r0ach]

So many noobs will sell everything on a 6% drop and miss bubble 2.0 with 1/10th of what they could have lol.  Sell away noobs.

[nor9865]

So many noobs will sell everything on a 6% drop and miss bubble 2.0 with 1/10th of what they could have lol.  Sell away noobs.

if all the noobs sell like you say, the price will hit the deepest bottom since gox

[marcus_of_augustus]

this is https://www.youtube.com/watch?v=ASO_zypdnsQ mofo gentleman

guys a degenerate for sure

[Dilla]

Lol you guys all sold or something ?

China is showing no signs of slowing down, this isnt over soon.

It appears that way... bulls turning to bears and talking down in hopes of buying in at lower prices. That's how tarmi's and kwukducks are created. Sure, we may have some dips here and there, but why would this end now? A day before the auction? Mid-week? Why not a weekend dump? The way I look at it, I have held this long, why sell now? I'm not thinking about selling until we're past the old ATH. This rise has been violent, but that 2 year down trend wasn't pretty either.  We're heading to a new ath by the halving, and I wouldn't be surprised if we tested the old one before 2016.

[r0ach]

So many noobs will sell everything on a 6% drop and miss bubble 2.0 with 1/10th of what they could have lol.  Sell away noobs.

if all the noobs sell like you say, the price will hit the deepest bottom since gox

Bitcoin doesn't give a fuck.  You can sell everything, slam your penis in the car door a few times, it doesn't really matter.  This is Bitcoin:

http://www.youtube.com/watch?v=cF4ZTcuhixc

[vuduchyld]

everyone log in and think really really hard as to whether you should buy or sell 468.0 USD / BTC

As of right now, I would not buy OR sell at 468.  Too much volatility, not enough clarity.  

[kromtar]

All this rise would very well be caused by thousand of people just buying some bitcoin, and the majority maybe don't care about current price or instant profit.

Only god know. 

[practicaldreamer]

You guys underestimate millions of deceived people with lots of money looking for something that is not corrupted to put a very small amount in.

Every time the market move this must be a bot or whale, you are gox paranoids.

+1

"millions of deceived people with lots of money looking for something that is not corrupted to put a very small amount in."

Yes - and that applies to us all, not just the Chinese.

[Spaceman_Spiff]

no one believes in the rally and it's up 100% in a month ... we got a long way to go.

You have got a point.  I don't think we are overvalued at the moment, but you have got to admit we are moving really really fast now, with very minor corrections.

[adamstgBit]

Lol you guys all sold or something ?

China is showing no signs of slowing down, this isnt over soon.

It appears that way... bulls turning to bears and talking down in hopes of buying in at lower prices. That's how tarmi's and kwukducks are created. Sure, we may have some dips here and there, but why would this end now? A day before the auction? Mid-week? Why not a weekend dump? The way I look at it, I have held this long, why sell now? I'm not thinking about selling until we're past the old ATH. This rise has been violent, but that 2 year down trend wasn't pretty either.  We're heading to a new ath by the halving, and I wouldn't be surprised if we tested the old one before 2016.

the auction is tomorrow?

its all making sense now.

[Dilla]

Remember remember the 5th of november.

[infofront]

How did the previous auctions affect price?

[r0ach]

Price is being managed in China at a 500 floor till the round eye is over his fear to go higher.

[jbreher]

everyone log in and think really really hard as to whether you should buy or sell 468.0 USD / BTC

Buy? Sell? Trading can be profitable, but it can also cause one to lose one's shirt. The macro is always up. The obvious answer is HODL.