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

[barbs]

am i reading this right?

12.7 Million USD from here to 500 on bitfinex, with 8 million usd left on their whole orderbook?

[Torque]

For what it's worth, I'll just leave this here:

http://www.coindesk.com/wedbush-revises-12-month-bitcoin-price-target-to-600/

Hopefully we'll see 600 WAAAYYY before then, but if it takes that long I can wait. 

[BlindMayorBitcorn]

WTF!

BlindMayorBitcorn  <---  You lost your bear soul? converted to delusional bull 

My soul is full of pessimism and scorpions. But a man can dream

[Hyperjacked]

Leaving 400's behind.

You mentioned that we weren't gonna see $400 again. How can you know that?

cause he have Morecoin than you bro!

[suda123]

For what it's worth, I'll just leave this here:

http://www.coindesk.com/wedbush-revises-12-month-bitcoin-price-target-to-600/

Hopefully we'll see 600 WAAAYYY before then, but if it takes that long I can wait. 

coin desk bauwhauwawa

[mb300sd]

Staircase on finex is obviously one guy. Back up once it's pulled.

[billyjoeallen]

Ahem,

Dear bulls. Dear sweet beautiful bulltards, Thank you so much for the lovely money.  I must admit, you gave it a good shot.  You almost had me. I had to post additional margin @ $480/BTC to avoid a forced liquidation. Allow me to be magnanimous in victory.  You see, I'm a fireman. When things get to hot, I cool them down. It's what I do.  Now I may be a blue collar guy, but I'm a professional.  I get paid to cool things down and today I got paid handsomely. Thank you for that. In return for your generousity, I invite y'all to kiss my working class butt.

Respectfully,

billyjoeallen, esq.

P.S. I you want to give it another shot, I'm your huckleberry.

[Sitarow]

I do this every time, i put in a speculator short pretty much at the top, and then cover at at like 5% profit, and then price tanks.

You and me both.

[freedomno1]

Back to a the 420 range I was wondering if that wall would come back to haunt us
For now at least
We will need to look at how much power it holds.

[Wolf Rainer]

Ahem,

Dear bulls. Dear sweet beautiful bulltards, Thank you so much for the lovely money.  I must admit, you gave it a good shot.  You almost had me. I had to post additional margin @ $480/BTC to avoid a forced liquidation. Allow me to be magnanimous in victory.  You see, I'm a fireman. When things get to hot, I cool them down. It's what I do.  Now I may be a blue collar guy, but I'm a professional.  I get paid to cool things down and today I got paid handsomely. Thank you for that. In return for your generousity, I invite y'all to kiss my working class butt.

Respectfully,

billyjoeallen, esq.

P.S. I you want to give it another shot, I'm your huckleberry.

Finally the bears appears. Where you hided the last 2 weeks?  

[Hyperjacked]

For what it's worth, I'll just leave this here:

http://www.coindesk.com/wedbush-revises-12-month-bitcoin-price-target-to-600/

Hopefully we'll see 600 WAAAYYY before then, but if it takes that long I can wait. 

coin desk bauwhauwawa

leave Torque alone..he is follow rockstar!

[natewelt]

Ahem,

Dear bulls. Dear sweet beautiful bulltards, Thank you so much for the lovely money.  I must admit, you gave it a good shot.  You almost had me. I had to post additional margin @ $480/BTC to avoid a forced liquidation. Allow me to be magnanimous in victory.  You see, I'm a fireman. When things get to hot, I cool them down. It's what I do.  Now I may be a blue collar guy, but I'm a professional.  I get paid to cool things down and today I got paid handsomely. Thank you for that. In return for your generousity, I invite y'all to kiss my working class butt.

Respectfully,

billyjoeallen, esq.

P.S. I you want to give it another shot, I'm your huckleberry.

Great job. You are awesome. I am jealous of your life said no one ever.

[BlindMayorBitcorn]

Not sure if it was the best time to buy but I purchased some more bitcoin at $520 CAD.  COME ON BITCOIN, FLY FLY FLY!

I imagine people who really have to use BTC (for *ahem* business reasons) are just hoping it doesn't come crashing down over-night. Stability seemed so much more legit.

Right. So, if you happened to need to use Bitcoin today, you got stoned for it. And not in the way you expected. How do the darknet markets thrive with this kind of volitility?

[bButtercup]

Over $100 drop in just a few hrs., nice!
I know many of you are expert at extrapolating from similar data, while I'm young, innocent, and in need of guidance. Please, kind Sirs, critique my prognostication:
At this rate, BTC will be worth ...-$100 (negative one hundred dollars) by tomorrow nigh.
Did I get my maths right?

[ImI]

Over $100 drop in just a few hrs., nice!
I know many of you are expert at extrapolating from similar data, while I'm young, innocent, and in need of guidance. Please, kind Sirs, critique my prognostication:
At this rate, BTC will be worth ...-$100 (negative one hundred dollars) by tomorrow nigh.
Did I get my maths right?

A+

[BitChick]

Over $100 drop in just a few hrs., nice!
I know many of you are expert at extrapolating from similar data, while I'm young, innocent, and in need of guidance. Please, kind Sirs, critique my prognostication:
At this rate, BTC will be worth ...-$100 (negative one hundred dollars) by tomorrow nigh.
Did I get my maths right?

No.  It is just manipulation to try and get some panic going so more coins can be picked up before the price takes off even more.  Perhaps because of the Fed's auction tomorrow some bigger players are even trying to keep the price lower before that is over?

I think we will see 600 before the end of the week and we will hit 1000 by the end of next. 


But you can wait for $100 coins if you like.

[BinaryReign]

Over $100 drop in just a few hrs., nice!
I know many of you are expert at extrapolating from similar data, while I'm young, innocent, and in need of guidance. Please, kind Sirs, critique my prognostication:
At this rate, BTC will be worth ...-$100 (negative one hundred dollars) by tomorrow nigh.
Did I get my maths right?

 No need for you to wait until then, I'll let you pay me $100 to take each of your bitcoin tonight 

[Flyskyhigh]

Buying in Chinese Yuan, selling in USD. They aren't buying Bitcoin, they are just using Bitcoin to buy Dollars. To avoid capital controls.

[billyjoeallen]

On BFX, >40% of bears covered during the correction. <5% of Bulls covered.  It appears there is still significant irrational exuberance in the bovine camp.  Oh, goody.  There's just something about getting a margin call that focuses the mind.  When the Chinese counterattack tonight, I think I'll wait until I see the whites of their eyes before unloading my now much larger bazooka on them.  Y'all feel free to join in the fun.

[infofront]

Buying in Chinese Yuan, selling in USD. They aren't buying Bitcoin, they are just using Bitcoin to buy Dollars. To avoid capital controls.

One of bitcoin's most useful functions in action!