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

[Rampion]

If you run fast enough you may still be able to get on  choo choo

These "losing the train" pics are killing me. TheKozi: I miss your songs and animated gifs, it's about time for some more.

Maybe we should create a thread only for "losing the train" kind of pics?

Guys: imagine the kind of pain those who dared to short bitcoins are into. We had a couple of those guys during the summer, do you remember them?

I'd say that daytrading BTC is really a reckless game: if you do very well you might be able to double your Bitcoins, but given its meteoric rise just losing 10% of them is such a loss that the risk/reward ratio its not worth it. I know I'm writing this in hostile territory (wall observer thread, speculation subforum).

[Adrian-x]

Ok whale-Santa, I've decided what I want for Christmas, but it'll have to be an early Christmas present. I want us to breach $1 per mBTC in the next 2-3 hours. Thank you, and merry Christmas! 

Lol, you have to send letters to Santa via snail mail

[DougTanner]

Be as obtuse as you like   I'll just be enjoying the ride.

Same here

I also finally got my bot up and running again so I'm no longer tempted to day-trade (thank god! I'm awful at it). Now I'm just watching this lovely volatility (mostly upwards for now, but that will change at some point).

First backtest it on last two months so you won't be surprised later...

Don't worry it doesn't do anything fancy, it just slowly sells off a fixed percent of a set amount of my Bitcoins as the price rises (and buys them back lower if the price drops, making small amounts off of volatility). It's sort of my version of the aforementioned "exit strategy"/"rake".

[chiliftw]

Ok whale-Santa, I've decided what I want for Christmas, but it'll have to be an early Christmas present. I want us to breach $1 per mBTC in the next 2-3 hours. Thank you, and merry Christmas! 

Lol, you have to send letters to Santa via snail mail

http://www.youtube.com/watch?v=27gG7xaLTqY

[DougTanner]

Ok whale-Santa, I've decided what I want for Christmas, but it'll have to be an early Christmas present. I want us to breach $1 per mBTC in the next 2-3 hours. Thank you, and merry Christmas!  

Your avatar looks like a bored Walter White at a birthday party.

I won the "Most Serious" joke trophy at an employee Christmas party One of our artists made this drawing of it/me which I love.

[barbs]

900 btc stamp. boom

[amadeo]

China is definitely waking up, and  bitstamp just broke the 900s!

[MoreFun]

900$ at stamp

[DougTanner]

Stamp finally hit $900. 

[thetopham]

the dragon has awoken

[batcoin]

April 2013 looks like a dainty little bite.  

[maz]

"Bitcoin = Price Pumping"

Dude chill.

What your experiencing here is the Bull in it's natural habitat, at the point of almost frenzy. At this stage comes a sense of euphoria and a feeling of invincibility. 'This time it's different', 'More good news, here or there', 'This is not 2011, don't worry'. Some even come to the conclusion that with this much turbo drive, it's impossible for it to shift direction. But we all know that at some point it does, and when it does, it will fall hard. Let's not piss on the bull parade because even bear's should be glad to see this. It might be fake pumping, or market manipulation but it's a good thing. It's removing psychological barriers and proving we can reach these prices, even if the next time it's done properly and cemented forever after. There's nothing more depressing than a bull in a bear market and you will see plenty of them soon enough, we all know it's going to happen so just enjoy this bitcoin firework show right now, you can buy back in when the price is trending sideways at 500 for 3 months.

[wachtwoord]

Stamp finally hit $900. 

BTC-e is next!

[DougTanner]

China isn't moving because the Chinese are asleep.

China is down -5.7% over 3 days.

Also the arbitrage is closed, which means that west will have to raise the price to $1,000 by themselves.

We are also more than 2x ahead of the long-term trend, which is a very extended position.

Bid/ask charts are quite tilted towards the latter. Especially noteworthy is the lack of bids $700+

Volume is low.


Ch00000000000000........

EDIT: the last one is pronounced: "irrational exuberance is running rampant in the forum, expecting price to rise based on previous rise"

Are you satisfied yet? Stamp and China are on the move.

[MoreFun]

I hope Bitfinex wired today few millions so we can break $1000 tomorrow.

[Rampion]

The big crash is coming and blah blah blah

[600watt]

it is 7.38 a.m. in peking.

THEY ARE JUST WAKING UP
 

[barbs]

this is crazy. to the moon.  Glad i bought in a fresh transfer at... 830.... -_-

[Rampion]

Well, full bubble mode ON - again

We just had a healthy profit taking phase in which price consolidated before this next leg in the parabolic rise. It was so clear it was blinding. Big money wants in this time.

Infrastructure will be tested hard again, and didn't improve shit in the last couple of years. Stress test on its way, real world moves slowly.

Anyhow: shall we agree that its about time for the bears to buy back at a loss - shall we?

[jojo69]

choo choooo



http://www.youtube.com/watch?v=xLHXwC7lkas