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

[Sitarow]

[theonewhowaskazu]

I have to confess I was short-term to medium-term bearish around the $90-95 area in July, and I sold a decent chunk of my coins hoping to catch "the final downturn" and buy some more BTC.  That is starting to feel like a really really bad decision.  (Bought back a few some days ago because the charts were looking good, but on the whole still a really bad move).

I sold over 20 BTC march 11, tell me about bad decisions.

[ChartBuddy]

[derpinheimer]

I missed the show Went to bed right when it was going over $170.

Looks like right after it hit $195 someone did a 4k sell? And now we have another dump? I cant really tell, was it a small sell at $195 in to low depth or was it actually pretty big?

Its extraordinarily volatile right now... go up $30, go down $25, go up $30... lol.

[samson]

hilarious panic dumpers every two days there's a correction.  

into stronger hands..  

They wait till after there's an 8% drop, and then dump..

Are you new or something ? The price can fall far lower than it has so far.

I generally consider that 10k BTC can be bought or dumped at any point in time with zero notice.

A 10k dump right now would take us down to $155

[klee]

hilarious panic dumpers every two days there's a correction.  

into stronger hands..  

They wait till after there's an 8% drop, and then dump..

Are you new or something ? The price can fall far lower than it has so far.

I generally consider that 10k BTC can be bought or dumped at any point in time with zero notice.

A 10k dump right now would take us down to $155

This.

[Spaceman_Spiff]

I have to confess I was short-term to medium-term bearish around the $90-95 area in July, and I sold a decent chunk of my coins hoping to catch "the final downturn" and buy some more BTC.  That is starting to feel like a really really bad decision.  (Bought back a few some days ago because the charts were looking good, but on the whole still a really bad move).

I sold over 20 BTC march 11, tell me about bad decisions.

If you have any left from march 11, you are up on 99.9% of the population  .

[klee]

Soon mtgox@170 bitstamp@155 

[SheHadMANHands]

hilarious panic dumpers every two days there's a correction.  

into stronger hands..  

They wait till after there's an 8% drop, and then dump..

Are you new or something ? The price can fall far lower than it has so far.

I generally consider that 10k BTC can be bought or dumped at any point in time with zero notice.

A 10k dump right now would take us down to $155

and?

[klee]

hilarious panic dumpers every two days there's a correction.  

into stronger hands..  

They wait till after there's an 8% drop, and then dump..

Are you new or something ? The price can fall far lower than it has so far.

I generally consider that 10k BTC can be bought or dumped at any point in time with zero notice.

A 10k dump right now would take us down to $155

and?

or?

[SheHadMANHands]

hilarious panic dumpers every two days there's a correction.  

into stronger hands..  

They wait till after there's an 8% drop, and then dump..

Are you new or something ? The price can fall far lower than it has so far.

I generally consider that 10k BTC can be bought or dumped at any point in time with zero notice.

A 10k dump right now would take us down to $155

and?

or?

elseif

[Spaceman_Spiff]

Are you new or something ? The price can fall far lower than it has so far.
I generally consider that 10k BTC can be bought or dumped at any point in time with zero notice.
A 10k dump right now would take us down to $155

and?

or?

elseif

not !

[klee]

hilarious panic dumpers every two days there's a correction.  

into stronger hands..  

They wait till after there's an 8% drop, and then dump..

Are you new or something ? The price can fall far lower than it has so far.

I generally consider that 10k BTC can be bought or dumped at any point in time with zero notice.

A 10k dump right now would take us down to $155

and?

or?

elseif

lol

Who are these guys laughing? One looks like Karpeles the psychofat

[arklan]

hilarious panic dumpers every two days there's a correction.  

into stronger hands..  

They wait till after there's an 8% drop, and then dump..

Are you new or something ? The price can fall far lower than it has so far.

I generally consider that 10k BTC can be bought or dumped at any point in time with zero notice.

A 10k dump right now would take us down to $155

and?

or?

elseif

While(not price = ath)
  Price++
End while

Pseudo code, I know, but you get it.

[klee]

hilarious panic dumpers every two days there's a correction.  

into stronger hands..  

They wait till after there's an 8% drop, and then dump..

Are you new or something ? The price can fall far lower than it has so far.

I generally consider that 10k BTC can be bought or dumped at any point in time with zero notice.

A 10k dump right now would take us down to $155

and?

or?

elseif

ath = 1000
While(not price = ath)
  Price++
End while

Pseudo code, I know, but you get it.

Bug fixed!

[samson]

hilarious panic dumpers every two days there's a correction.  

into stronger hands..  

They wait till after there's an 8% drop, and then dump..

Are you new or something ? The price can fall far lower than it has so far.

I generally consider that 10k BTC can be bought or dumped at any point in time with zero notice.

A 10k dump right now would take us down to $155

and?

or?

elseif

lol

Who are these guys laughing? One looks like Karpeles the psychofat

Larry David and Jeff Garlin from the TV program Curb Your Enthusiasm.

[derpinheimer]

No coins have been moving in or out of Gox due to their Bitcoin nodes being offline

They're reloading the blockchain but it's 47,000 blocks behind so it's going to take some time.

Some snippets from IRC - lots of crap between these comments has been removed but you can see what's happening :

[21:52] <@MagicalTux> [23:51:41] <samfisher> so MagicalTux, what about my withdrawal request? <- all our bitcoin nodes were taken down due to an error with our hosting provider, some of the servers will be taken back up soon
[21:53] <@MagicalTux> soon = within a few dozen minutes
[22:31] <@MagicalTux> re-downloading missing part of blockchain
[22:31] <@MagicalTux> new txs will appear as blockchain updates
[22:33] <@MagicalTux> samson_: downloading new blocks as fast as bitcoind can
[22:34] <samson_> How far behind is it ?
[22:47] <@MagicalTux> right now: "blocks" : 217510,


So a lot of coins will hit gox in a very short period of time today when it eventually catches up.

how many days of withdrawals and deposits is that?

[Walsoraj]

There is a strong correlation with upward price movement and Gox's incompetence.

[Dhuum]

No coins have been moving in or out of Gox due to their Bitcoin nodes being offline

They're reloading the blockchain but it's 47,000 blocks behind so it's going to take some time.

Some snippets from IRC - lots of crap between these comments has been removed but you can see what's happening :

[21:52] <@MagicalTux> [23:51:41] <samfisher> so MagicalTux, what about my withdrawal request? <- all our bitcoin nodes were taken down due to an error with our hosting provider, some of the servers will be taken back up soon
[21:53] <@MagicalTux> soon = within a few dozen minutes
[22:31] <@MagicalTux> re-downloading missing part of blockchain
[22:31] <@MagicalTux> new txs will appear as blockchain updates
[22:33] <@MagicalTux> samson_: downloading new blocks as fast as bitcoind can
[22:34] <samson_> How far behind is it ?
[22:47] <@MagicalTux> right now: "blocks" : 217510,


So a lot of coins will hit gox in a very short period of time today when it eventually catches up.

how many days of withdrawals and deposits is that?

WTF Gox!!!

[dserrano5]

Is this another bot?

/sarcasm