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

[hlynur]

The solution is, it was the run up to 75$. What followed next, everbody knows.  

uhoh, that reminds me of this classic again:



where are we?  

edit: oh i missed we have already a poll going on https://bitcointalk.org/index.php?topic=328729.0

[oakpacific]

The solution is, it was the run up to 75$. What followed next, everbody knows.  

uhoh, that reminds me of this classic again:



where are we?  

edit: oh i missed we have already a poll going on https://bitcointalk.org/index.php?topic=328729.0

Obviously the "bull trap" part.

[hyphymikey]

So who is still waiting for that crash to $250??  

I don't see any major consolidation happening until ~$480USD

[Zephir]

Should just have been an eye opener and reminder for all guys, which are 100% out of coins.
In btc you should never ever be out of coins, no matter what.  

[SheHadMANHands]

China is going vertical.  Slow it down China...

[TheKoziTwo]

This is insane... I'll have to start selling a few in the 400 range.

[dserrano5]

uhoh, that reminds me of this classic again:



where are we?  

At the beginning of the "Institutional investors" part. Just look at the news to confirm this.

[bnjmnkent]

Walls on bitstamp are just being pulled back a little.

[SheHadMANHands]

Will btcchina snap down, or will Stamp and Gox eventually cave and snap up?

Btcchina sitting at ~$403.

[windjc]

Will btcchina snap down, or will Stamp and Gox eventually cave and snap up?

Btcchina sitting at ~$403.

I think Gox and Stamp are out of money.  Unless China crashes hard and creates ripples in the other two, I would imagine that Monday will be a big snap up day for Bitstamp and Gox, especially Stamp.

I can't imagine that Bitstamp and BTC-e (what the hell is up with that exchange?)  will continue to gap so far behind Gox. $20 gap I can understand, but $30+ is inexplicable.

[jojo69]

WOOOOOOOOOOOOOOOOOOOOOOooooooooooooooooOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO OOO

[windjc]

Can any Chinese get money onto BTC-e or Bitstamp? If they could, we would see those prices soar in days.

[windjc]

Wow, I just remembered that Monday is a holiday - Veterans Day - in the US. So fresh US money won't be coming onto the exchanges until Tuesday. That means we have potentially 3 days to watch Bitstamp fall further and further behind China.

If this continues, the USD and CYN exchanges will start operating separately, imo.

[ChartBuddy]

[David M]

Spectacular!

Bitcoin... Making Hearts and Breaking Charts.

[mccorvic]

uhoh, that reminds me of this classic again:



where are we?  

At the beginning of the "Institutional investors" part. Just look at the news to confirm this.

This is probably the first time I've agreed with anyone on where on this chart we are.

Not saying that I actually believe this chart applies to bitcoin in the first place

[wildbud]

and it just keeps going up ....

[BitThink]

Can any Chinese get money onto BTC-e or Bitstamp? If they could, we would see those prices soar in days.

Very difficult due to the strict currency policy. That's also the reason why not so many westerners sell BTC in BTCChina now. It's quite isolated in this sense, so the supply is extremely low compared with the demand in BTCChina now.

[Richy_T]

So who is still waiting for that crash to $250??  

I don't see any major consolidation happening until ~$480USD

I'm calling 390. Not selling though.

[SheHadMANHands]

O lawwwwwdy, lawd.  Did 2500 CNY just get ripped through?  

Btcchina is on a tear, with no end in sight.