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

[strawbs]

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

Enough already.  Ignored.  Goodbye.

[ChartBuddy]

[rezurect]

Can people be dumb and still end up rich?

[Coinseeker]

[ShroomsKit]

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

Enough already.  Ignored.  Goodbye.

Well done

[notme]

Nothing of the same generation can surpass Mt.Gox. We need the Dealer Network, developed here.

I think it takes about 3 weeks from this day to the inauguration of the daily fixing. I mean that you can skip gox from that day on doing OTC. 3 months for this to take out the volume from Gox also.

You know, I used to trade locally, but I live in the US and I am completely clueless as to what I need to do in order to continue trading legally.  If you figure that out, let me know and I'd be happy trade with your network.

[lucas.sev]

I wonder how much posts from cypherdoc thread influence the price

[giszmo]

If we need them now or any time soon, we sink. That's for sure. Good thing is bitcoin will survive even if they join after all the rest and another valley of tears.

[SGExodus]

I wonder how much posts from cypherdoc thread influence the price

As much as Paul the Octopus influenced the result of the world cup matches..

[notme]

I wonder how much posts from cypherdoc thread influence the price

As much as Paul the Octopus influenced the result of the world cup matches..

I'd guess much less now that his service costs $250 a month.

[Ultraviolet]

Bitcoin isn't really a sinking ship, it's just still overvalued from the bubble. Expecting the price to stabilize from what it was early in the year to $100+ without a large, sustained influx of new buyers is just not realistic.

[lucas.sev]

Bitcoin isn't really a sinking ship, it's just still overvalued from the bubble. Expecting the price to stabilize from what it was early in the year to $100+ without a large, sustained influx of new buyers is just not realistic.

Yup. And we are in for a long painful slide 

[samson]

Bitcoin isn't really a sinking ship, it's just still overvalued from the bubble. Expecting the price to stabilize from what it was early in the year to $100+ without a large, sustained influx of new buyers is just not realistic.

Yup. And we are in for a long painful slide  

I'm just waiting it out at the moment.

I will probably buy and sell several times on the way down after each major movement when I expect to see a significant bounce.

I guess I'd class a major movement as something like $100 down to $70/$80 - these movements can happen very fast as can the bounce.

Then I'll dump again and wait for the next leg down into the $50 range, and so on until we hit the bottom which I suspect will be nearer to $20 than $50.

[lucas.sev]

Bitcoin isn't really a sinking ship, it's just still overvalued from the bubble. Expecting the price to stabilize from what it was early in the year to $100+ without a large, sustained influx of new buyers is just not realistic.

Yup. And we are in for a long painful slide  

I'm just waiting it out at the moment.

I will probably buy and sell several times on the way down after each major movement when I expect to see a significant bounce.

I guess I'd class a major movement as something like $100 down to $70/$80 - these movements can happen very fast as can the bounce.

Then I'll dump again and wait for the next leg down into the $50 range, and so on until we hit the bottom which I suspect will be nearer to $20 than $50.

It would be so much easier to somehow forget about it for few months, wouldn't it?

[samson]

Bitcoin isn't really a sinking ship, it's just still overvalued from the bubble. Expecting the price to stabilize from what it was early in the year to $100+ without a large, sustained influx of new buyers is just not realistic.

Yup. And we are in for a long painful slide  

I'm just waiting it out at the moment.

I will probably buy and sell several times on the way down after each major movement when I expect to see a significant bounce.

I guess I'd class a major movement as something like $100 down to $70/$80 - these movements can happen very fast as can the bounce.

Then I'll dump again and wait for the next leg down into the $50 range, and so on until we hit the bottom which I suspect will be nearer to $20 than $50.

It would be so much easier to somehow forget about it for few months, wouldn't it?

In a way yes, however I don't want to miss the buying and selling opportunities along the way. It would be great to increase my USD by 50% before we reach the bottom.

[lucas.sev]

Bitcoin isn't really a sinking ship, it's just still overvalued from the bubble. Expecting the price to stabilize from what it was early in the year to $100+ without a large, sustained influx of new buyers is just not realistic.

Yup. And we are in for a long painful slide  

I'm just waiting it out at the moment.

I will probably buy and sell several times on the way down after each major movement when I expect to see a significant bounce.

I guess I'd class a major movement as something like $100 down to $70/$80 - these movements can happen very fast as can the bounce.

Then I'll dump again and wait for the next leg down into the $50 range, and so on until we hit the bottom which I suspect will be nearer to $20 than $50.

It would be so much easier to somehow forget about it for few months, wouldn't it?

In a way yes, however I don't want to miss the buying and selling opportunities along the way. It would be great to increase my USD by 50% before we reach the bottom.

Depends on how confident you are in your trading ability.

[klee]

95$ will be a big battle (if reached)....

[Rampion]

95$ will be a big battle (if reached)....

Reached for sure.

[fr33d0miz3r]

weee!!!

[Miz4r]

95$ will be a big battle (if reached)....

Reached for sure.

Nothing is sure in bitcoinland. We're just flawed mortals who can only watch and hope.