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

[peonminer]

Its a new weekend and as usual the price is going down.
But this time it is moving roughly. Is there any news that caused this movement?

It's probably caused by the Chinese dumping to pay for their New Year celebrations. There was a dump before Christmas, probably a result of people dumping to pay for Christmas. Everyone needs money to buy presents, alcohol, and food. I had to dump some of my stack to pay for Christmas.

Chinese new year is around February 12th. It's just a regular work week over here in the east.

I know what i'm getting myself for Valentine's Day next year!

[Andre#]

Its a new weekend and as usual the price is going down.
But this time it is moving roughly. Is there any news that caused this movement?

It's probably caused by the Chinese dumping to pay for their New Year celebrations. There was a dump before Christmas, probably a result of people dumping to pay for Christmas. Everyone needs money to buy presents, alcohol, and food. I had to dump some of my stack to pay for Christmas.

Chinese New year is 6 weeks from now. What are you talking about?!

[ChartBuddy]

Coin



Explanation

[teddy5145]

Its a new weekend and as usual the price is going down.
But this time it is moving roughly. Is there any news that caused this movement?

It's probably caused by the Chinese dumping to pay for their New Year celebrations. There was a dump before Christmas, probably a result of people dumping to pay for Christmas. Everyone needs money to buy presents, alcohol, and food. I had to dump some of my stack to pay for Christmas.

Chinese New year is 6 weeks from now. What are you talking about?!

That doesn't mean they don't celebrate the usual new year
Also chinese new year is not 6 weeks, it was on March if i memorize the dates correctly

[nioc]

The weather outside is frightful,

Price dipping so delightful,

Just when you think the price will grow...

It goes low, it goes low, it goes low.

Merry Christmas everybody! Cheap bitcoins for everyone!

"As low as possible for as long as possible."

So is $420 low for you now?   I seem to remember your disappointment when it went over $300.

I assume like me you are more accumulating rather than trading.  Just waking up to this and I have no idea what I will do.

BTW nice song

[podyx]

[celebreze32]

Its a new weekend and as usual the price is going down.
But this time it is moving roughly. Is there any news that caused this movement?

It's probably caused by the Chinese dumping to pay for their New Year celebrations. There was a dump before Christmas, probably a result of people dumping to pay for Christmas. Everyone needs money to buy presents, alcohol, and food. I had to dump some of my stack to pay for Christmas.

Chinese New year is 6 weeks from now. What are you talking about?!

They have two New Year celebrations. One on the first of January, and another weeks after that. They have a public holiday on our New Year's day, and celebrate it just like we do. Weeks later they have another public holiday for Chinese New Year (Spring Festival), so they get to celebrate New Year twice, but it's expensive.





http://www.travelchinaguide.com/intro/festival/

New Year's Day

New Year's Day is a grand occasion for the Chinese people. They celebrate the New Year like people all over the world. Since ancient times, the day has been called 'Yuandan' by the Chinese. 'Yuan' means 'at the beginning'. 'Dan' means 'day', so joined together the words mean 'first day of a year'. For 3,000 years, China has greeted Yuandan with joyous ceremonies.

Due to the different longitudes upon which countries lie in the world, the time of the celebration varies. China is the twelfth country to celebrate the event and the people are rewarded with one day's vacation. All kinds of festive programs are presented on TV, and organizations and schools hold parties to let everyone enter into the jubilant atmosphere of the festival. Sincere good wishes are reflected by people's smiles and wonderful performances at parties. Great hopes for an excellent year are embedded in everyone's mind.

Chinese New Year (Spring Festival)

Held on the first day of the first lunar month and lasting for two weeks, the Chinese New Year is regarded by the Chinese people as the grandest and most important annual event, similar in many ways to Christmas in predominantly Christian countries. It is an event for the people to celebrate family reunion and is full of rich and colorful activities.

[Dotto]

Second wave. Viva la resistance @413

[ChartBuddy]

Coin



Explanation

[-Greed-]

I told you we were in the denial phase. Now it's 'fear'.

[gentlemand]

Hey, nice chart. I love it when fresh content really opens my eyes.

[-Greed-]

What's up with Houbi? KTHXBAI?

It's been seized by Chinese FBI.

[ChartBuddy]

Coin



Explanation

[fisheater22]

[The KGB]

What's up with Houbi? KTHXBAI?

Fake volume bot malfunction.

Same thing 2 days ago should be online soon.

[Fatman3001]

Company Overview of Blockstream Corp

_{Annual Compensation}
There is no Annual Compensation data available.
_{Stocks Options}
There is no Stock Options data available.
_{Total Compensation}
There is no Total Compensation data available.



Note to selves:

How comforting. I guess they felt the need to clarify.

Edit:  They should have Kudos for originality though. I guess they think slogans are open source.

[Feri22]

Doom

[klee]

'No MMM withdrawals? Not my problem!'

[cointtoo]

IMO price would increase more to around $500 (don't have any proofs or analytic's though, just a guess), Then it would remain in around that range or fall to around $400 price.

[AlexGR]

There'll come a day when price movement will be 400-500$ a day....

...and we won't even be excited with them