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

[runam0k]

I predicted a stable $65 a little while back, but I don't think it's imminent.  Plenty more ups and downs to come.

You, on the other hand, are like the guy on the street corner harrassing people with his "end of the world" sign.

[ChartBuddy]

[ChartBuddy]

[weaknesswaran]

Bids juicy again, only a matter of time until someone decides to frontrun the Hunt Bros 2.0 who are desperate to sell their 200k and extracts his dirty fiat millions.

200k dump would bring us to 15-20, seems unlikely

[wonkytonky]

i do think tha ask are becoming to heavy .. sell or not.

wish we were in uptrend again..   that was easy trading for me ..

i cannot trade in dowtrend

[4mherewego]

wall at 88:

[Its About Sharing]

That was a quick 2000 sell, beep beep beep on Moody...

[N12]

Goodbye, triple digits. Goodbye, 90s.

[wonkytonky]

crapp.. i wish i sold now ..   it must be bad karma surrounding me.. doing bad trades all the time lol

[N12]

Don't worry, the price will probably halve once more.

Plenty of recently made millionaires left who will want to liquidate in order to get their dirty fiat money.

[Miz4r]

Meanwhile, bitstamp doesn't give a shit anymore what MtGox does.

[N12]

Wasn't it the other way around? Bitstamp was always lower than MtGox and led the way. Now, they are about the same price. Good to see.

If the withdrawal situation has been cleared, then we could see a return to "normal" wherein MtGox leads Bitstamp on the way down.

[marvinrouge]

Meanwhile, bitstamp doesn't give a shit anymore what MtGox does.

A possibility :
ALL the speculators on Bitstamp are already out.
Only remain the long term holders and investors who don't care about other exchange prices.

[Miz4r]

Meanwhile, bitstamp doesn't give a shit anymore what MtGox does.

A possibility :
ALL the speculators on Bitstamp are already out.
Only remain the long term holders and investors who don't care about other exchange prices.

Could be. Also all MtGox users who wanted out because of the USD withdrawal lock have already sold on the other exchanges which explained the big difference lately. If USD withdrawals aren't unlocked this week we will probably see another mass exodus and Bitstamp and BTC-e diving down again creating a new gap.

[nmersulypnem]

Meanwhile, bitstamp doesn't give a shit anymore what MtGox does.

A possibility :
ALL the speculators on Bitstamp are already out.
Only remain the long term holders and investors who don't care about other exchange prices.

Could be. Also all MtGox users who wanted out because of the USD withdrawal lock have already sold on the other exchanges which explained the big difference lately. If USD withdrawals aren't unlocked this week we will probably see another mass exodus and Bitstamp and BTC-e diving down again creating a new gap.

I can just visualize the panic setting in at MtGox as they realize that they underestimated how long it would take to reinstate automatic withdrawals.  "Oh wait, so two weeks to open the new accounts, and how long to turn on an automated feed the new bank?  Two MORE weeks?  And they want to cap transfers to 100K/day because we're new and they're nervous about the AML regs?"  MtGox accountant looks nervously at CFO next to him...  "But if we announce that people still can't withdraw, we'll trigger a run.  We're barely making enough commission on these record low volumes to pay for the new servers and DDOS services we bought!"  MagicTux slams open the doors adorned in a white cape...   "Don't worry boys, I'll just let everyone know on IRC.  They'll understand."

[N12]

New low.

[Loozik]

Goodbye, triple digits. Goodbye, 90s.

Welcome 70s soon.

[NamelessOne]

New low.

Finally, this is so tiresome watching the market drag out the inevitable. I do want it to go up, but it damn well is going down first so let's get it over with already.

[Jaroslaw]

i will destroy 85$ wall

[ehoffman]

85!