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

[klee]

Just look at the Top 20 Richest Wallet Listing (if you have archive that list previously).   The list will calm you down.  If these wealthy people aren't worry about the recent price fluatuation, neither should you

If I had thousands of coins bought even below 10$ I wouldn't worry too

That's not true.    If you have 50,000 coins, and the price drop by $10, it's a $500,000 lost no matter what price you previously purchased at.

That's true but I don't think anyone who mined or bought while <1$ are stressed at all...

Personally I would be though - I am a perfectionist. Still can't handle why I didn't sell at 266$ !

BUY & HOLD bullshit...

[phoenix1]

I will shortly increse sell volume 10k incomming.

Awesomeness! But DO it this time ok? I am out in XRPs...

Damn ... missed the Jarlo-jaw rally

[klee]

I will shortly increse sell volume 10k incomming.

Awesomeness! But DO it this time ok? I am out in XRPs...

Damn ... missed the Jarlo-jaw rally

He is F@CKIN BUYING!!!!! WTF???

[phoenix1]

I will shortly increse sell volume 10k incomming.

Awesomeness! But DO it this time ok? I am out in XRPs...

Damn ... missed the Jarlo-jaw rally

He is F@CKIN BUYING!!!!! WTF???

Every time he appears here mouthing off it is usually a good indicator of a short term bottom
Don't know if he is buying or not, just that he is full of shit

[Jaroslaw]

I will shortly increse sell volume 10k incomming.

Awesomeness! But DO it this time ok? I am out in XRPs...

Damn ... missed the Jarlo-jaw rally

He is F@CKIN BUYING!!!!! WTF???

Nope still waiting to my BTC arrives at mtgox.

[phoenix1]

DO NOT FEED THE TROLL

[barbs]

I'm here, not buying, which is almost like selling right?

Bull trap or Bear trap? 

[Its About Sharing]

85$ bottom for this fall!
Any other predictions? 

I think it will be a slow downward, volatile movement over a few months (barring anything major).

[phoenix1]

85$ bottom for this fall!
Any other predictions? 

I think it will be a slow downward, volatile movement over a few months (barring anything major).

+1
Until a whole bunch of people are bored to tears/sick of the pain and truly capitulate

A flash crash that cleared it all out down below would probably avert this scenario

Take your pick 

[Its About Sharing]

85$ bottom for this fall!
Any other predictions? 

I think it will be a slow downward, volatile movement over a few months (barring anything major).

+1
Until a whole bunch of people are bored to tears/sick of the pain and truly capitulate

A flash crash that cleared it all out down below would probably avert this scenario

Take your pick 

Yes, and note I am a long term BTC Bull, even though I recently switched to short to mid term bear.

Even considering what I said, we have to be careful here. Some great news can make us turn on a dime.
Another bank falling like in Cyprus can do that more so.

[bclcjunkie]

true, it's early to see their real intentions... what gives away is the double standard when it comes to banks.. case in point HSBC and other banks: http://www.globalresearch.ca/money-laundering-and-the-drug-trade-the-role-of-the-banks/5334205

last i know HSBC got away with small charges and no one was jailed so far...

It's very naive of you to believe these guys have good intentions. They are saying whatever sounds good publicly, but if they had good intentions, liberty reserve wouldn't be closed. It provided a very valuable service that no banks could compete with. Bitcoin, is liberty reserve on steroids. The unstoppable version of liberty reserve. Of course they're not in favor of that.

[10c]

Im getting kind of tired of the side way movement/slow decline.
if only we could get to 115... I would sell half my coins and rebuy at the needed flash sub 60.  

[phoenix1]

Im getting kind of tired of the side way movement/slow decline.
if only we could get to 115... I would sell half my coins and rebuy at the needed flash sub 60.  

That's why it's called grinding down 
It saps your will and energy until you've had enough

Can't say I am enjoying it very much either ... brings a certain darkness and gloom with it

[10c]

If only one of those wales would just crash it already....
we could all move on and continue up,Up,UP

[ChartBuddy]

[BitPirate]

Everyone is a bit over-dramatic. We don't need a "crash".

On every step down, the price decreases a little, and the volume increases A LOT, with many willing buyers to be found.

Shortly thereafter the price almost-recovers, and the volume dwindles as everyone is afraid of another dump.

None of this is voodoo, or an "inevitable" slide to a tiny number.. it is simply the natural reaction of a market scared by manipulative dumpers.

When people realise that things aren't actually that bad, confidence will return and we will be able to trade higher volumes at higher prices.

Case in point: trolls like Jaroslaw trying to prey on your fears.

This is Bitcoin, so all of this will probably happen faster than we expect.

[samson]

When people realise that things aren't actually that bad, confidence will return and we will be able to trade higher volumes at higher prices.

I agree, I'll be fully confident purchasing a few thousand BTC at $20. If they dip much lower than about $18 I will have to dump them all though and wait for new lows.

[klee]

DO NOT FEED THE TROLL

My favorite pets - damn I behave like a troll too often!

[klee]

When people realise that things aren't actually that bad, confidence will return and we will be able to trade higher volumes at higher prices.

I agree, I'll be fully confident purchasing a few thousand BTC at $20. If they dip much lower than about $18 I will have to dump them all though and wait for new lows.

You will need to be very quick probably...

[Jaroslaw]

Any one want to set bid wall at 100$ ? minimum 5k please