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

[cedivad]

Place your bids 120 will soon be close!

I read this as a "please, don't let 120 fall"
Not as in "easy money if you buy at 120"

The truth is that the media mania period expired and we are going down for some time. I personally don't think that 120 will hold. Long term bullish, medium term bear.

[1714183431]

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[1714183431]

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[1714183431]

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[Jaques]

we are just seeing test of former resistance-zone ...
if it holds expect run up to next resistance-zone @160/166

[adamstgBit]

Place your bids 120 will soon be close!

I read this as a "please, don't let 120 fall"
Not as in "easy money if you buy at 120"

The truth is that the media mania period expired and we are going down for some time. I personally don't think that 120 will hold. Long term bullish, medium term bear.

120 will fall 

temporarily

[Cablez]

we are just seeing test of former resistance-zone ...

Again.......

[Jaques]

we are just seeing test of former resistance-zone ...

Again.......

yes, the more often the better, as it than can get support for further advance

(I dont think 120 will fall, maybe we see 125 and a spike in volume)

edit: 124,41 is the lowest point I expect to see based on my "TA"

[Rampion]

Place your bids 120 will soon be close!

I read this as a "please, don't let 120 fall"
Not as in "easy money if you buy at 120"

The truth is that the media mania period expired and we are going down for some time. I personally don't think that 120 will hold. Long term bullish, medium term bear.

I agree with that. Don't know what will be the bottom, but if we break $120, a decline to $70 wouldn't surprise me. Anyhow, long term Bitcoin looks stronger than ever.

[Richy_T]

No reason for it but I'm feeling a little short-term bullish. We'll see.

[Brushan]

Press section: http://blogs.wsj.com/digits/2013/04/30/could-paypal-be-on-horizon-for-bitcoin/

[seleme]

Press section: http://blogs.wsj.com/digits/2013/04/30/could-paypal-be-on-horizon-for-bitcoin/

welcome to 10 days ago.

[Richy_T]

Maybe it's this kind-of thing.

http://www.telegraph.co.uk/finance/personalfinance/investing/10027101/There-will-be-more-wealth-confiscation-without-a-doubt-Saxo-Banks-Lars-Christensen.html

I don't think we'll see a rush like Cyprus but things have been set in motion.

The paypal thing, while interesting and good news, is ultimately kind-of irrelevant when you think about it.

[Brushan]

Press section: http://blogs.wsj.com/digits/2013/04/30/could-paypal-be-on-horizon-for-bitcoin/

welcome to 10 days ago.

You mean the video when the paypal manager said 2 sentences about bitcoin. I thought people would like to see what the ebay president thinks about it. Don't just write shit without thinking balija.

[Richy_T]

If I had ebay stock, I might be planning an exit strategy. It's the big-boy on the block but like all big businesses, it's become slow and ossified. Consider that much ebay stuff is bought and shipped directly from China. Now consider a currency with low transaction fees and no exchange issues*.



*Well, if you see what I mean.

[wonkytonky]

i know it's against  todays experience.. but .. ..     to me looks like bullish. 

[seleme]

Press section: http://blogs.wsj.com/digits/2013/04/30/could-paypal-be-on-horizon-for-bitcoin/

welcome to 10 days ago.

You mean the video when the paypal manager said 2 sentences about bitcoin. I thought people would like to see what the ebay president thinks about it. Don't just write shit without thinking balija.

Podudlaj ga baliji smrdo 

[KillaMarci]

List of countries that have a bank holiday tomorrow, May 1st.

Argentina, Austria, Belgium, Bulgaria, Bolivia, Brazil, Switzerland, Chile, China, Colombia, Costa Rica, Cuba, Czech Republic, Germany, Denmark, Dominican Republic, Ecuador, Estonia, Spain, France, Equatorial Guinea, Greece, Guatemala, Hong Kong, Honduras, Croatia, Hungary, Italy, Jordan, South Korea, Luxembourg, Mexico, Malaysia, Nigeria, Nicaragua, Norway, Panama, Peru, Philippines, Pakistan, Poland, Portugal, Paraguay, Romania, Russia, Sweden, Singapore, Slovenia, El Salvador, Taiwan, Uruguay, Venezuela, South Africa


Expecting a slightly upwards facing rally for tommorow then?

[DougTanner]

i know it's against  todays experience.. but .. ..     to me looks like bullish. 

I honestly don't understand why the price is falling today. Nothing but great news coming out for the past week. There are a lot of very rich folks with lots invested in Bitcoin and Bitcoin-companies that are going to be building out the infrastructure something fierce over the next year.

[seleme]

WTF was that, lol

500 buy on 140, then 500 sell back to 136 in 5 seconds.

[Rampion]

i know it's against  todays experience.. but .. ..     to me looks like bullish. 

I honestly don't understand why the price is falling today. Nothing but great news coming out for the past week. There are a lot of very rich folks with lots invested in Bitcoin and Bitcoin-companies that are going to be building out the infrastructure something fierce over the next year.

Because most of the people pour their fiat in just because the price raises, and a bubble just bursted?

This is what you get when speculative mania cools down.

[adamstgBit]

i know it's against  todays experience.. but .. ..     to me looks like bullish. 

I honestly don't understand why the price is falling today. Nothing but great news coming out for the past week. There are a lot of very rich folks with lots invested in Bitcoin and Bitcoin-companies that are going to be building out the infrastructure something fierce over the next year.

Because most of the people pour their fiat in just because the price raises, and a bubble just bursted?

This is what you get when speculative mania cools down.

good buying opportunity today, rockets taking off tonight or tomorrow

but watch out for that red hot 120$ end of week sales could drop us down under 100 for a little while

oh boy would that be fun  

[TheKoziTwo]

Looks like we managed to get back up again, despite a nasty fall