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

[niothor]

Frozenlock/Blitz/Rampion right now (seen from ShroomsKits perspective) :

Bitcoin price (adamstgbit perspective)

[wonkytonky]

if there's one thing i learned by now. .. dont buy after the first wave of bigger sells..

[adamstgBit]

i'm catching the bottom 

[MoreFun]

if there's one thing i learned by now. .. dont buy after the first wave of bigger sells..

Why not, on stamp you would just made 10+%?

[Rampion]

I've placed my bid at $56. Too soon?

Don't think its soon, I placed around that, just to play the bounce. But I'm very doubtful its going to be the bottom. Probably we will bounce a few times from the 50s, and despair and capitulation will take more time to come. We went from $105ish to $66 very very quickly. I guess there will be a "wait and see" period sooner or later.

[ChartBuddy]

[bitdraw]

if there's one thing i learned by now. .. dont buy after the first wave of bigger sells..

without a closer look(!), the pattern that is repeating:

- price goes down with high volume > price goes up with far lower volume > price goes down with high volume > .... >> longterm down

i got the ups and downs quite right. but only play the game for fun with a few bucks

[fr33d0miz3r]

[Jaroslaw]

next dump incomming

[wonkytonky]

if there's one thing i learned by now. .. dont buy after the first wave of bigger sells..

Why not, on stamp you would just made 10+%?

if i buy or sell on bitstamp the price will move 10% just by myself lol



and why not: because there's always a second wave of sellers.. and then the guys who bought back  to soon will sell again also  in order to minimize losses.
so even more selling

edit : and lets not forget there are people in other time zones..  in about 5  hours there's probably another wave .. not sure who they are but it seems to be happening as long as i'm in bitcoin.

[adamstgBit]

if there's one thing i learned by now. .. dont buy after the first wave of bigger sells..

without a closer look(!), the pattern that is repeating:

- price goes down with high volume > price goes up with far lower volume > price goes down with high volume > .... >> longterm down

i got the ups and downs quite right. but only play the game for fun with a few bucks

you should play with more $ its more rewarding

[adamstgBit]

66 what is this BUY! BUY! BUY!

[Dalib]

Bitstamp 10 min:  high: 72.56      low: 63.26 

and next 10 min: back to 65 

[bitdraw]

if there's one thing i learned by now. .. dont buy after the first wave of bigger sells..

without a closer look(!), the pattern that is repeating:

- price goes down with high volume > price goes up with far lower volume > price goes down with high volume > .... >> longterm down

i got the ups and downs quite right. but only play the game for fun with a few bucks

you should play with more $ its more rewarding

nah, i keep some coins because i believe in the idea and wait till i can use it in my city.

and i play with like 1-2 btc just for fun cause i like trading!

[Loozik]

i'm catching the bottom  

When everybody sells, it's time to buy!

[micalith]

damn. my bitstamp bid was 30c too low. Gotta pull it. Can't trust there to be second bounces in this maelstrom

[TheKoziTwo]

I've placed my bid at $56. Too soon?

Don't think its soon, I placed around that, just to play the bounce. But I'm very doubtful its going to be the bottom. Probably we will bounce a few times from the 50s, and despair and capitulation will take more time to come. We went from $105ish to $66 very very quickly. I guess there will be a "wait and see" period sooner or later.

I'm thinking along those lines as well, I'm unsure how high the bounce will be though. I think I may aim for about 70-80 range.

[Jaroslaw]

buying now ? really ? good luck

[wonkytonky]

i'm catching the bottom  

Good. I has just been executed 60 BTC at $66.666

When everybody sells, it's time to buy!

ya think the selling is over yet?

should i buy?

[fr33d0miz3r]

Time to buy is when everybody finished selling