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

[DPoS]

I panicked so I'm out 5% and already have too much fiat zeros in my exchange account. Now I'm panicked about the fiat.

50% is good, but yields some risks. Piglets usually go out 90-100%

looks like consolidation in the ~670 range now...  might be time to get a nap in

sitting around 70/30 btc/fiat now

[johnblaze]

just for some luls

i left this afternoon at 3:30pm and when i got home i refreshed the page to find some of these gems:
 

We are going below $800.

Noobs, just because you want to buy in <$800 doesnt mean the market will follow your wish.

Thanks for panic selling.

If you don't buy right now your retarded. It won't get lower than this.

so 850 is the new floor imo.

We saw total panic tonight and yet once we approached 850 buyers started perking up.

How many times does Bitstamp need to bounce from 0.800 before people realize it's the new floor?   Every bounce (3 so far) adds to the strength of the support, and it is already in the Titanium level, comparable to molecular's left nut.

Buying at 0.800 is better EV than buying at 1.000. From 1 it can go either way, but from 0.800 it always goes up, and the 10% probability not included in "always" is only that it will dip to 0.6 for a few hours. Nothing to be scared of.

cluebie bitcoiners

[Davyd05]

I panicked so I'm out 5% and already have too much fiat zeros in my exchange account. Now I'm panicked about the fiat.

50% is good, but yields some risks. Piglets usually go out 90-100%

looks like consolidation in the ~670 range now...  might be time to get a nap in

sitting around 70/30 btc/fiat now

see you at 5:20 est lol

[Teslaza]

fml, just woke up to this

[Bitcoines]

fml, just woke up to this

just go back to sleep

[Pooyan]

The ride never ends! 

[niner]

[fr33d0miz3r]

We'll be at 180 in 5 business days 

[Salivan]

life suck
I get up saw this and thought I am screwed up. I have no more fiat and I miss such opportunity. Hope they will keep it till monday

[Bitcoines]

is that a shoulder head and ..... ?

[traderCJ]

People will buy back when the price returns to a steady rise over the course of a few days.  How low we have to go to get there is anyone's guess.  What you're seeing here is a combination of stupidity and greed at its finest.  I look forward to the day when institutional investors dominate Bitcoin and morons/whales can't move the price like this.  Irrational market participants .. gotta chuckle.

[Teslaza]

fml, just woke up to this

just go back to sleep

  Thanks, needed a laugh.

[beetcoin]

either my limited number of bitcoins are going to provide me with a comfortable lifestyle for a few years, or i'm going to end up with pennies on the dollar.. but i'm going to stick with this until the end.

[Bitcoines]

fml, just woke up to this

just go back to sleep

  Thanks, needed a laugh.

We all do at a time like this   

[MikeH]

I just want to see some kind of merge of order books across exchanges some day - btc will never be stable as it is.

[Salivan]

does anyone know if mt.gox  support works  on saturday.
I requested cancellation of some of my recent fiat transfers but I fear I will have to wait till monday. Please do you have any reliable info ?

[gandhibt]

BUY BUY BUY soon it will be late!

[macsga]

OH NOOOOOOooooooo I'm out of FIAT!!!!

[bizz]

I just want to see some kind of merge of order books across exchanges some day - btc will never be stable as it is.

Baby steps. Remember april? Gox?

[pera]

OH NOOOOOOooooooo I'm out of FIAT!!!!

that's happens when you buy "cheap coins" at 1100