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

[pera]

[mmitech]

IMO it in everyone's best interest (including manipulators, not including April-style conspiracy theories or 2011-stype Ponzi fears) that we had this major correction, but not for it to be seen as a bubble-pop, in order to make even better profits if/when it really pops once well into the 4-figures. Whether you prefer fiat or BTC, it's surely more beneficial for the correction to end around about the current price, give or take.

You think new money is going to come in after they saw the clear crash that just happened? That, and uncertain dodgy exchanges that hold no certainty in regards to regulatory and legal issues. I think we just need a better platform to trade bitcoins on, that holds no uncertainty in regards to regulation and law, and is operated by reputable people.

you clearly have no Idea, most big exchanges are AML and KYC applicant, and all new exchanges that will appear will have to apply as well in order to survive, the Problem of bubbles and crashes and corrections is not the weakness of the trading Platforms but the nature of Bitcoins.

Bitcoin rewards the early adopters and makes room for new comers, when the price go up so fast like we saw the last few weeks a correction/crash will most likely appear, I would like to remind you that after the silk road news the 1st of october BTC crashed to $85 and corrected to $115, this only a month and a half ago, so after 5 weeks the Price went strait to $900.

even if you are not that early adopter and invested in Bitcoins in october todays price gives you a sweet exit with huge profit, so imagine if you bought at $10, all what I am trying to say is that because of the nature of bitcoin, there will be allways crashes like this. except if price will riase slowly and healthy, I was expecting a crash but when it took this long I thought it wont happen before $1000.


but I am sure that people will always invest, all it will take is a look to the chart and they will understand that these things happens, I as a Bitcoiner and Litecoiner got used to this, I really dont care that much anymore, especially after hearing the positive comments from yesterday and before yesterday senate hearing.

why would I sell my Bitcoins or Litecoins anyways, I am sure they will be around for long time and I am sure that I will start using them in my daily life shortly and I had the best opportunity to get in before most of people.

[Wekkel]

At this rate of decline, we'll reach $300 (BTC-E) today 

[Cablez]

I think we are bottoming out.  The previous trend before the insanity may be upheld.

[sonofliberty]

CHOO CHOO. Up we go!

[mmitech]

and we are going up so fast

edit: sorry suckers who sold out before

[Cablez]

Looks like I get caught out this time.   Oh well win some lose some.

[samson]

At this rate of decline, we'll reach $300 (BTC-E) today 

$200 by tomorrow, how low will it go ?

I thought we were going up, uP, UP ?

Why aren't we on the moon yet  

The Chinese, The Chinese !

LOL

[ardana123]

and we are going up so fast

edit: sorry suckers who sold out before

I think this will be short lived.

[niothor]

Last 4 post:
we're going to 300
we're going to the bottom
up we go
we're going up so fast

O , yeah , that's what a speculation thread is all about

[dwdoc]

[Frequency]

pumping volume again...

[haightst]

IMO it in everyone's best interest (including manipulators, not including April-style conspiracy theories or 2011-stype Ponzi fears) that we had this major correction, but not for it to be seen as a bubble-pop, in order to make even better profits if/when it really pops once well into the 4-figures. Whether you prefer fiat or BTC, it's surely more beneficial for the correction to end around about the current price, give or take.

You think new money is going to come in after they saw the clear crash that just happened? That, and uncertain dodgy exchanges that hold no certainty in regards to regulatory and legal issues. I think we just need a better platform to trade bitcoins on, that holds no uncertainty in regards to regulation and law, and is operated by reputable people.

you clearly have no Idea, most big exchanges are AML and KYC applicant, and all new exchanges that will appear will have to apply as well in order to survive, the Problem of bubbles and crashes and corrections is not the weakness of the trading Platforms but the nature of Bitcoins.

Bitcoin rewards the early adopters and makes room for new comers, when the price go up so fast like we saw the last few weeks a correction/crash will most likely appear, I would like to remind you that after the silk road news the 1st of october BTC crashed to $85 and corrected to $115, this only a month and a half ago, so after 5 weeks the Price went strait to $900.

even if you are not that early adopter and invested in Bitcoins in october todays price gives you a sweet exit with huge profit, so imagine if you bought at $10, all what I am trying to say is that because of the nature of bitcoin, there will be allways crashes like this. except if price will riase slowly and healthy, I was expecting a crash but when it took this long I thought it wont happen before $1000.


but I am sure that people will always invest, all it will take is a look to the chart and they will understand that these things happens, I as a Bitcoiner and Litecoiner got used to this, I really dont care that much anymore, especially after hearing the positive comments from yesterday and before yesterday senate hearing.

why would I sell my Bitcoins or Litecoins anyways, I am sure they will be around for long time and I am sure that I will start using them in my daily life shortly and I had the best opportunity to get in before most of people.

/\#offtopic--->
*you wanna see something move? ~keep your eye at this one >> https://www.cryptsy.com/markets/view/88

 

weeeeeee

[gandhibt]

So unless this is actually the bubble pop, I think now is a good time to start re-buying?

I think we are bottoming out.  The previous trend before the insanity may be upheld.

This is what I have tried to say with many posts https://bitcointalk.org/index.php?action=profile;u=100244;sa=showPosts

If we break 380 support at stamp we can enter bear market, but that's getting more unlikely as more time go by.

[ardana123]

So unless this is actually the bubble pop, I think now is a good time to start re-buying?

I think we are bottoming out.  The previous trend before the insanity may be upheld.

This is what I have tried to say with many posts https://bitcointalk.org/index.php?action=profile;u=100244;sa=showPosts

If we break 380 support at stamp we can enter bear market, but that's getting more unlikely as more time go by.

You don't know how bad this is going to get. Double digits by next week.

[Nightowlace]

IMO it in everyone's best interest (including manipulators, not including April-style conspiracy theories or 2011-stype Ponzi fears) that we had this major correction, but not for it to be seen as a bubble-pop, in order to make even better profits if/when it really pops once well into the 4-figures. Whether you prefer fiat or BTC, it's surely more beneficial for the correction to end around about the current price, give or take.

You think new money is going to come in after they saw the clear crash that just happened? That, and uncertain dodgy exchanges that hold no certainty in regards to regulatory and legal issues. I think we just need a better platform to trade bitcoins on, that holds no uncertainty in regards to regulation and law, and is operated by reputable people.

Sure, some new money will be more careful after stamp's pitfall, but if this is perceived as a correction, not a crash/pop, I expect a huge influx of new money nonetheless

$900 to $400 is a bubble pop. Period. It's not a healthy correction. It's not a consolidation. It is exactly what I've been talking about. The WORST thing that can happen to Bitcoin. I posted on FB the other day "Bitcoin on the rise about to break $800" huge amount of comments all similar to "wow, awesome, congrats". Then the emails start pouring in. Questions, thoughts, what, how, where. Today I wake up to those same people saying "man I'm glad I sat that out, dude do you want to cut your wrists or what, glad I didn't throw any money in is lose half and still be losing"  

The people on this forum are bitcoiners. The people in the real world are not. They don't give a shit about the technology, they don't believe bitcoins will replace their fiat currency, the only thing they see it as is something they can invest in and every time we start to see some solid new money come in everyone starts speculating and the whales start taking advantage. The only thing people currently see and are talking about "Bitcoin crashes yet again, and costs investors billions".

Wake up people. For people who are so smart, your pretty dumb to try and fool yourself and others that this is healthy and just a nice correction/consolidation.

[Spaceman_Spiff]

My (slightly pessimistic bull) scenario is bottoming out at $350, then quadruple digits.  Entirely possible that we bottomed out already though.
My "trading play" money is mostly in BTC atm.

If this is a real crash, then I am just plain wrong  .

[Nemesis]

wow... still havent touched my wall yet?

Come on bitcoin

[DougTanner]

 

[NamelessOne]

IMO it in everyone's best interest (including manipulators, not including April-style conspiracy theories or 2011-stype Ponzi fears) that we had this major correction, but not for it to be seen as a bubble-pop, in order to make even better profits if/when it really pops once well into the 4-figures. Whether you prefer fiat or BTC, it's surely more beneficial for the correction to end around about the current price, give or take.

You think new money is going to come in after they saw the clear crash that just happened? That, and uncertain dodgy exchanges that hold no certainty in regards to regulatory and legal issues. I think we just need a better platform to trade bitcoins on, that holds no uncertainty in regards to regulation and law, and is operated by reputable people.

Sure, some new money will be more careful after stamp's pitfall, but if this is perceived as a correction, not a crash/pop, I expect a huge influx of new money nonetheless

$900 to $400 is a bubble pop. Period. It's not a healthy correction. It's not a consolidation. It is exactly what I've been talking about. The WORST thing that can happen to Bitcoin. I posted on FB the other day "Bitcoin on the rise about to break $800" huge amount of comments all similar to "wow, awesome, congrats". Then the emails start pouring in. Questions, thoughts, what, how, where. Today I wake up to those same people saying "man I'm glad I sat that out, dude do you want to cut your wrists or what, glad I didn't throw any money in is lose half and still be losing"  

The people on this forum are bitcoiners. The people in the real world are not. They don't give a shit about the technology, they don't believe bitcoins will replace their fiat currency, the only thing they see it as is something they can invest in and every time we start to see some solid new money come in everyone starts speculating and the whales start taking advantage. The only thing people currently see and are talking about "Bitcoin crashes yet again, and costs investors billions".

Wake up people. For people who are so smart, your pretty dumb to try and fool yourself and others that this is healthy and just a nice correction/consolidation.

How is it any worse than the other two times? Also, when it gets much higher your friends will reverse their opinions again, yet probably not buy in, then it will 'crash' again, and the process will repeat over and over just as it always does with Bitcoin.