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

[sirazimuth]

as this is the speculation thread im gonna go out on a limb here and speculate that bitcoin
will either go up or go down... then again it could go sideways.....

... just call me Nostradamus

[marcus_of_augustus]

Who sold at the bottom?

the usual dumpfers

[yefi]

This time I'm really disappointed by the PBOC. Only 50$ (or ~4%) at the deepest point of the "crash" and still nobody wants to continue the shorting party ... (OK, we're 1% down comparing to yesterday, but that would be even a normal number in forex)

No kidding. The dump is invisible on the 3-day now, and we've just hit another high.

[gembitz]

This time I'm really disappointed by the PBOC. Only 50$ (or ~4%) at the deepest point of the "crash" and still nobody wants to continue the shorting party ... (OK, we're 1% down comparing to yesterday, but that would be even a normal number in forex)

No kidding. The dump is invisible on the 3-day now, and we've just hit another high.

^chinese shortsellers are getting rekt!!

[Ted E. Bare]

I don't take the People's Bank of China seriously, nor any bank for that matter. That is one of the reasons we invested in bitcoin in the first place, right?

[MinermanNC]

Look'n pretty good for the home team!   I think 1100 is just around the corner. This is all way over due anyways. Just now shoring things back up to par. The halving had to catch up sometime  

[marcus_of_augustus]

I don't take the People's Bank of China seriously, nor any bank for that matter. That is one of the reasons we invested in bitcoin in the first place, right?

we've hit Eur1000 again ... wait for the dumbfers to have another go shorting to protect their now losing positions. PBOC probably has no idea their name is being used in Western business press by miners and whale traders to game a few shekels out of a volatile market.

[MinermanNC]

I don't take the People's Bank of China seriously, nor any bank for that matter. That is one of the reasons we invested in bitcoin in the first place, right?

we've hit Eur1000 again ... wait for the dumbfers to have another go shorting to protect their now losing positions. PBOC probably has no idea their name is being used in Western business press by miners and whale traders to game a few shekels out of a volatile market.

Going through my favorites folder and stumbled over this, remember the old 10k BTC for a Pizza? lol

https://bitcointalk.org/index.php?topic=137.msg1195#msg1195

and guess who is posting on the 2nd page of this thread 

The years flip on by don't they 

Every time I read through this I get astonishingly nauseated lol

[orpington]

I don't take the People's Bank of China seriously, nor any bank for that matter. That is one of the reasons we invested in bitcoin in the first place, right?

we've hit Eur1000 again ... wait for the dumbfers to have another go shorting to protect their now losing positions. PBOC probably has no idea their name is being used in Western business press by miners and whale traders to game a few shekels out of a volatile market.

Going through my favorites folder and stumbled over this, remember the old 10k BTC for a Pizza? lol

https://bitcointalk.org/index.php?topic=137.msg1195#msg1195

and guess who is posting on the 2nd page of this thread 

The years flip on by don't they 

Every time I read through this I get astonishingly nauseated lol

Don't know whether to laugh or cry reading that,  $10 million for 2 pizzas. lol

[marcus_of_augustus]

I thought it was pretty cool how I was able to generate so much BTC when I first started using Bitcoin. It was fun and unique. A few times I generated two blocks in a row with my 3000 khash/s. My CPU was pretty fast compared to others on the network.

I sold 15,000 BTC on Bitcoin Market for ~0.003 USD: the all-time low on any market, AFAIK. I had measured my power consumption and determined that it only cost me ~0.001 BTC to make one BTC, so I thought 0.003 was a good profit margin. I knew the price would rise over time due to the deflationary nature of Bitcoin, but I didn't think it would happen so suddenly.

^ who said that?

[PoolMinor]

I thought it was pretty cool how I was able to generate so much BTC when I first started using Bitcoin. It was fun and unique. A few times I generated two blocks in a row with my 3000 khash/s. My CPU was pretty fast compared to others on the network.

I sold 15,000 BTC on Bitcoin Market for ~0.003 USD: the all-time low on any market, AFAIK. I had measured my power consumption and determined that it only cost me ~0.001 BTC to make one BTC, so I thought 0.003 was a good profit margin. I knew the price would rise over time due to the deflationary nature of Bitcoin, but I didn't think it would happen so suddenly.

^ who said that?

https://bitcointalk.org/index.php?topic=137.msg94458#msg94458

[alexout]

http://www.coindesk.com/chinas-central-bank-issues-new-warnings-bitcoin-exchanges/

And now price dropping.. :-/

[vortex1878]

Beware of BTC-E!

https://bitcointalk.org/index.php?topic=1783345.0

[Wolf Rainer]

Look'n pretty good for the home team!   I think 1100 is just around the corner. This is all way over due anyways. Just now shoring things back up to par. The halving had to catch up sometime  

We may hit 1100 before saturday, a little shakes on weekend and a big short at Monday to the 950 levels. After that short we will continue raising directly to the 1200 wall and thats when the true war between bulls and bears will began.

[Karartma1]

snip

we've hit Eur1000 again ... wait for the dumbfers to have another go shorting to protect their now losing positions. PBOC probably has no idea their name is being used in Western business press by miners and whale traders to game a few shekels out of a volatile market.

Going through my favorites folder and stumbled over this, remember the old 10k BTC for a Pizza? lol

https://bitcointalk.org/index.php?topic=137.msg1195#msg1195

and guess who is posting on the 2nd page of this thread 

The years flip on by don't they 

Every time I read through this I get astonishingly nauseated lol

Don't know whether to laugh or cry reading that,  $10 million for 2 pizzas. lol

Back then it was only 42 dollars which were already a lot for two pizzas. Maybe one day when they price will be 100000$ a coin you will also cry for having sold yours. We never know man 

[Fatman3001]

just woke up. I see china banned bitcoin today too

[Ted E. Bare]

Yes I dit! Not only have I paid off the loans I made for my initial investements, I have also paid off the loan I had for my favorite mode of transportation.Not exactly a boat, but it puts a smile on my face every time I ride it.

[img]

Congrats mate! It's always nice to enjoy your profits and actually exchange for goods and services. I invested to hold for the long haul, but I too funded some purchases and vacations with my bitcoin.

[K~Ehleyr]

It looks like €1,000 euros is going to prove quite an obstacle. We keep touching it but it just isn't sticking!

[kehtolo]

Beware of BTC-E!

https://bitcointalk.org/index.php?topic=1783345.0

Not that I'm a defender of BTC-E or anything.. but i went and read your thread.. then their FAQ's.. seems like if you read them..
When you make a wire transfer which your post said you've done.. they put your acc 'on hold' for 1 month.

They're not doing anything other than what they said in their FAQ's.. its sucky.. but its there in black and white.

[becoin]

Yes I dit! Not only have I paid off the loans I made for my initial investements, I have also paid off the loan I had for my favorite mode of transportation.Not exactly a boat, but it puts a smile on my face every time I ride it.

Don't forget to follow current bitcoin price and calculate how much you've lost every time you ride it!