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

[seriouscoin]

this is just a correction and probably wouldn't even have happened if it wasn't for china.

lol, we'd still be at $150 if it weren't for china

bitcoiners and their double logic

This exact thought is from noobs who are panic selling right now.

PPL are so dumb for thinking btcchina's volume means anything. Chinese ppl are risk takers but they're not stupid, they know their government better than any of us

[johnblaze]

another day another dead bear, this is wonderfull

dead bear?

the market is down $100 from the last day

100 whole dollars damn, how will we ever recover from such a crushing blow.

your original post should have read "another day another dead bull"

my response merely pointed out that the bears are winning this last day

but when someone points out your error you just change the subject. well done.

[gandhibt]

"Don't panic the price will rise and fall"

Ultimately we're breaking through the wall!

The sky's the limit!

http://www.youtube.com/watch?v=9XEgp9l90Fs

[freethink2013]

"Don't panic the price will rise and fall"

Ultimately we're breaking through the wall!

The sky's the limit!

So I guess we still are in the denial stage of a bubble pop..

what bubble?

[Vigil]

I do not know why I have the feeling that from here the price will skyrocket !!!

Why would it skyrocket? There was absolutely ZERO buying pressure and then the bottom fell out. Gox went berserk and is the only reason we are looking at $900 right now.

[wachtwoord]

"Don't panic the price will rise and fall"

Ultimately we're breaking through the wall!

The sky's the limit!

So I guess we still are in the denial stage of a bubble pop..

Hey that's not the next line! You fucked up!

[jojo69]

wake up tomorrow at $500  "gee, that's nice"

wake up tomorrow at $2500  "gee, that's nice"

[QuestionAuthority]

http://www.cnn.com/2013/12/04/business/china-bitcoin-frenzy/index.html

[Vigil]

Massive dump incoming, price is stabilizing and no buyers...

[Voodah]

Ok, I think we're bottoming (head and sholders bottom or something).

Soon those who are still waiting for even lower prices will realize they wont happen. It's over. They'll jump back in and in no time we'll be posting pics of trains

Wow you turn up at the end of the party, clueless as to what caused the price drop and proceed to vomit some technical analysis crap onto us. Bulls impress me more and more every day!

Why are you here?   If bitcoin is doomed, then go away, you are wasting your own and everyone else's time.   I don't ignore many, but you are a special case.   Molecular is a respected long time poster, you, not so much.

Don't be too hard on him, he said he was all fiat. That might explain his mood.

[kurious]

Not sure if this was alresdy posted - but it might cheer anyone who has been reading the last few pages

http://news.cnet.com/8301-1023_3-57614720-93/bank-of-america-deems-bitcoin-the-next-big-thing/

Old news, but thanks anyway.

Here's the original report from BoA themselves in case you're interested:

https://s3.amazonaws.com/s3.documentcloud.org/documents/885843/banks-research-report-on-bitcoin.pdf

Figured it may have been a little late  - but thank you.

haven't had time to read ALL the recent pages here, in my defence, I have a life too!

[ablewasiereisawelba]

Gox leaking market share every day. The last days of an era.

bitstamp     31.010%   45152.250   0.850 USD
mtgox*   30.000%   43688.600   0.871 USD
btce           29.750%   43320.360   0.880 USD

Seems that data is lagging too. Mtgox is less than halve of BTC-e bitcoin volume plus over 1 million litecoins as well
http://www.cryptocoincharts.info/v2/markets/info/

All volume data from BTCe is bullshit. Do you really think they have a trade engine capable of handling that many trades? Keep in mind they support many altcoins as well.

You mean the volume data from BTCe are bullshit. Please educate yourself.

[seanneko]

Massive dump incoming, price is stabilizing and no buyers...

If I had money ready to go I'd be buying at this price.

[adamstgBit]

another day another dead bear, this is wonderfull

dead bear?

the market is down $100 from the last day

100 whole dollars damn, how will we ever recover from such a crushing blow.

your original post should have read "another day another dead bull"

my response merely pointed out that the bears are winning this last day

but when someone points out your error you just change the subject. well done.

I'm a pro  

welcome to the internet

[Vigil]

Massive dump incoming, price is stabilizing and no buyers...

If I had money ready to go I'd be buying at this price.

We are going below $800.

[freethink2013]

Massive dump incoming, price is stabilizing and no buyers...

If I had money ready to go I'd be buying at this price.

For me that's the market sentiment. 850 seems to be the point it's "cheap coins!" rather than "the end is nigh"

[keewee]

Massive dump incoming, price is stabilizing and no buyers...

Bid depth on Gox seems ok. Not sure about the other exchanges but there seems to be some buyers

[conspirosphere.tk]

"Don't panic the price will rise and fall"

...just like the panic.
at what price will you jump out of the window?

[freethink2013]

Mt.Gox: 907 Bitstamp: 862 BTC-e: 884 BTCChina: 907.23/5532

[adamstgBit]

Massive dump incoming, price is stabilizing and no buyers...

Bid depth on Gox seems ok. Not sure about the other exchanges but there seems to be some buyers

Bid depth is massively under played.