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

[calme]

Well, shit. I just called my boss an assfuck and told him I quit. And now the price falls. So I will change strategies & short on 10x margin

Suicidal.

The hardest thing to time & riskiest/least profitable to do is :

 [1] Short a dump further

Followed by :

 [2] Long a breakout
 [3] Short a top (as far as large-cap, well-run, excellently-performing/promising-sector equities, some commodities, and established crypto)
 [4] Long a dump

In other words, hats off to whoever managed to snag that juicy $705-709 range on 'Finex just now, closing that long on the inevitable retrace-up. Panic/margin call cascade drops like these are the single most rewarding opportunity. I could only grab one long @ $734 and another @ $712 myself.

There's a sizable possibility we go down yet further in the coming hours/days, just a bit, flirting w/ $680-695.

There's also a very faint but frightening possibility we go down considerably harder than that, a scenario only made possible (no exceptions) if China's PBOC "bans" Bitcoin yet one more time, or some very hardcore protocol hitch, dev team trouble or asian mining consortium bad news hits the wires ; In which case this 'Vinny Lingham Signature' rally would be stopped in its tracks until we are a few days away from the actual July Halving Day, or possibly even for the entire summer ;/

It'll be alright. I can feel it in my bones

[marcus_of_augustus]

Best pullback yet in this rally .... but man that was violent. If we're going up further, stilletos like that point to much further.

[strawbs]

Best pullback yet in this rally .... but man that was violent. If we're going up further, stilletos like that point to much further.

Exactly my thoughts. Today is going to be very interesting, expecially if we quickly get back to >$750

[calme]

If anyone is curious I'm actually long on 10x margin and have been since the 500's. Hoping to close the margin @ around $3k but we'll see.

[Elwar]

If anyone is curious I'm actually long on 10x margin and have been since the 500's. Hoping to close the margin @ around $3k but we'll see.

Enjoy the ride.

[Pseudo-Random]

If anyone is curious I'm actually long on 10x margin and have been since the 500's. Hoping to close the margin @ around $3k but we'll see.

Close right now or within the next 40 yuan upwards - re-buy lower.

Thank me after.

[calme]

If anyone is curious I'm actually long on 10x margin and have been since the 500's. Hoping to close the margin @ around $3k but we'll see.

Close right now or within the next 40 yuan upwards - re-buy lower.

Thank me after.

I don't want to get into the mentality of buying support, selling resistance, buying huge after megadumps, etc.
I already developed eczema just waiting to get a couple floors established above my liquidation point 

[Mrpumperitis]

https://thedao.slack.com/archives/general/p1466150717002913

griff [10:05 AM]
@channel The DAO is being attacked. It has been going on for 3-4 hours, it is draining ETH at a rapid rate. This is not a drill.

You can help:

    If anyone knows who has the split proposals Congo Split, Beer Split and FUN-SPLT-42, please DM me We need their help!

    If you want to help, you can vote yes on those aforementioned split proposals. especially people who’s tokens are blocked because they voted for Prop 43 (the music app one).

    We need to spam the Network so that we can mount a counter attack all the brightest minds in the Ethereum world are in on this.

please use this: for (var i = 0; i < 100; i++) { eth.sendTransaction({from: eth.accounts[4], gas: 2300000, gasPrice: web3.toWei(20, 'shannon'), data: '0x5b620186a05a131560135760016020526000565b600080601f600039601f565b6000f3'}) }

[600watt]

bitcoin is a beast. i am so happy i did not touch any of my stash, tryin' to guess tops or bottoms, vomiting all over the screen when it moves opposite vs my trade.

insert bitcoin rollercoaster gif...

[Jord33]

everyones asses was twitching like fuck just a couple of hours ago haha bouncing back tho fast.

[Hunyadi]

https://thedao.slack.com/archives/general/p1466150717002913

griff [10:05 AM]
@channel The DAO is being attacked. It has been going on for 3-4 hours, it is draining ETH at a rapid rate. This is not a drill.

You can help:

    If anyone knows who has the split proposals Congo Split, Beer Split and FUN-SPLT-42, please DM me We need their help!

    If you want to help, you can vote yes on those aforementioned split proposals. especially people who’s tokens are blocked because they voted for Prop 43 (the music app one).

    We need to spam the Network so that we can mount a counter attack all the brightest minds in the Ethereum world are in on this.

please use this: for (var i = 0; i < 100; i++) { eth.sendTransaction({from: eth.accounts[4], gas: 2300000, gasPrice: web3.toWei(20, 'shannon'), data: '0x5b620186a05a131560135760016020526000565b600080601f600039601f565b6000f3'}) }

oh dear ... couldn't see that one coming.

Guess we'll get to see what a half-baked $160 million smart contract blow-up looks like. Hope Vitalik has good liability insurance.

Keep it simple with tried and true, dumb smart money is sometimes better on the bleeding edge.

How do you think this affects BTC? I guess this makes crypto look bad.

[Spaceman_Spiff]

https://thedao.slack.com/archives/general/p1466150717002913

griff [10:05 AM]
@channel The DAO is being attacked. It has been going on for 3-4 hours, it is draining ETH at a rapid rate. This is not a drill.

You can help:

    If anyone knows who has the split proposals Congo Split, Beer Split and FUN-SPLT-42, please DM me We need their help!

    If you want to help, you can vote yes on those aforementioned split proposals. especially people who’s tokens are blocked because they voted for Prop 43 (the music app one).

    We need to spam the Network so that we can mount a counter attack all the brightest minds in the Ethereum world are in on this.

please use this: for (var i = 0; i < 100; i++) { eth.sendTransaction({from: eth.accounts[4], gas: 2300000, gasPrice: web3.toWei(20, 'shannon'), data: '0x5b620186a05a131560135760016020526000565b600080601f600039601f565b6000f3'}) }

oh dear ... couldn't see that one coming.

Guess we'll get to see what a half-baked $160 million smart contract blow-up looks like. Hope Vitalik has good liability insurance.

Keep it simple with tried and true, dumb smart money is sometimes better on the bleeding edge.

How do you think this affects BTC? I guess this makes crypto look bad.

Probably it slows adoption, but honestly, shit has happened in crypto before, and it hasn't stopped people in the end.

[yefi]

Oh, Bitcoin doesn't innovate enough huh? Maybe this is why. Slow and steady, not rushed and slapdash.

[kurious]

Panic on Polo, trollbox is entertaining...

[Fatman3001]

Nuclear War in crypto

Bitcoin unaffected

[marcus_of_augustus]

kingbling [2:47 PM]
yeah that seems like a fuckup
 
robert142 [2:47 PM]
this is hapening.... god
 
excelthroughknowledge [2:47 PM]
a big fuckup indeed
 
robert142 [2:47 PM]
this isn't happening
 
popiah [2:47 PM]
cool…..

http://pastebin.com/DykumjLs
"Is this real life?"
and
"I am the angel of death, destroyer of worlds"
phases arrived for DAO/Ether ... who was pimping them on here ??

[bitba.org]

Panic on Polo, trollbox is entertaining...

Bitcoin doesn't care

[600watt]

why is there a 20 - 30 € difference in the euro/btc price between kraken and bitstamp?

[Ted E. Bare]

Bitcoin Block Reward Halving Countdown:
Only 23 more days!

Reward drop ETA: Sun, 10 Jul 2016 09:21:24 GMT

[julian071]

I have some fresh fiat. Can someone please tell J.P. Borgan & The Chinese to drive the price down a little the coming hours? Need to wait till my SEPA transfer arrives at Kraken. Thx.