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

[Krabby]

Have we seen the bottom?

[humanitee]

Have we seen the bottom?

Yes.

[ChartBuddy]

[MicroFi]

Have we seen the bottom?

A double bottom is in the making at the moment.
I'm 90% sure we're going up from now on.

[niothor]

Whats happened to all those advice:
"You should all start to learn Chinese rather than French or German?"

Two days and until now nobody has a clue what really was discussed / decided there.

[pinky]

Guys, I was told there would be $400 bitcoins. What's going on?

Who told you this?

[TiagoTiago]

I demand more hot butt pictures!

[capsqrl]

Guys, I was told there would be $400 bitcoins. What's going on?

Who told you this?

These people:

Bitcoin price expected to go down till 480$ and then go up to an all time high

I predicted that before. page 2803. No one believed me.

By 400, I of course meant 480. The point is I'm confused that we're not plunging in that direction.

Edit: I confused myself into thinking these were two different people, but it's just one guy discussing his own prediction with himself?? I hate the internet.

[beaconpcguru]

Anybody find it VERY interesting that BTCChina is more resistant to the downtrend and at a fairly higher price than the other exchanges.

Seems like a disconnect to me. If this rally is predicated on China's bitcoin policies, then why are the chinese less bearish right now?

It's interesting, noticed it earlier.

All I can think of is that the China news gave us the pop that we all wanted, sooner we crashed the sooner we get back to break 2k.

Edit: someone suggested BTChina may have temporarily suspended some transactions until verifications are processed?

What do you guys feel about the volume of buying over sat post 5am-6amest so far.. It's looking healthier for buy support on the north american exchanges as well.

Bearstamp seems most skiddish still

Everyone here is going to tell you that the price is going down until they close their shorts or re-entry positions.  When the price is going down, get back to the fundamentals and the actual numbers.  Some bears took advantage of the doom and gloom they were able to post all around and got a bunch of inexperienced traders to leave their original positions at far greater losses, there will be some good natured people spreading this doom and gloom now to further their own positions now that they got caught with their shorts down.  Someone is dropping ~100 coins every 10 minutes for the past 4 hours now in an attempt to cause a second wave of panic when the only reason the panic started in the first place was because of two well timed 5,000 coin drops that have since re-entered.. their are some very big coin holders in here that would love more people to give in to the illusion of the lower entry greed.  The normal uptalkers right now are busy starring at charts while the normal downtalkers are attempting to take advantage of the lack of confidence instilled.  Patience in your friend.

[nesevis]

Everyone here is going to tell you that the price is going down until they close their shorts or re-entry positions.  When the price is going down, get back to the fundamentals and the actual numbers.  Some bears took advantage of the doom and gloom they were able to post all around and got a bunch of inexperienced traders to leave their original positions at far greater losses, there will be some good natured people spreading this doom and gloom now to further their own positions now that they got caught with their shorts down.  Someone is dropping ~100 coins every 10 minutes for the past 4 hours now in an attempt to cause a second wave of panic when the only reason the panic started in the first place was because of two well timed 5,000 coin drops that have since re-entered.. their are some very big coin holders in here that would love more people to give in to the illusion of the lower entry greed.  The normal uptalkers right now are busy starring at charts while the normal downtalkers are attempting to take advantage of the lack of confidence instilled.  Patience in your friend.

+3.14

[Davyd05]

Everyone here is going to tell you that the price is going down until they close their shorts or re-entry positions.  When the price is going down, get back to the fundamentals and the actual numbers.  Some bears took advantage of the doom and gloom they were able to post all around and got a bunch of inexperienced traders to leave their original positions at far greater losses, there will be some good natured people spreading this doom and gloom now to further their own positions now that they got caught with their shorts down.  Someone is dropping ~100 coins every 10 minutes for the past 4 hours now in an attempt to cause a second wave of panic when the only reason the panic started in the first place was because of two well timed 5,000 coin drops that have since re-entered.. their are some very big coin holders in here that would love more people to give in to the illusion of the lower entry greed.  The normal uptalkers right now are busy starring at charts while the normal downtalkers are attempting to take advantage of the lack of confidence instilled.  Patience in your friend.

+3.14

+3.14^2

[Sitarow]

Anybody find it VERY interesting that BTCChina is more resistant to the downtrend and at a fairly higher price than the other exchanges.

Seems like a disconnect to me. If this rally is predicated on China's bitcoin policies, then why are the chinese less bearish right now?

It's interesting, noticed it earlier.

All I can think of is that the China news gave us the pop that we all wanted, sooner we crashed the sooner we get back to break 2k.

Edit: someone suggested BTChina may have temporarily suspended some transactions until verifications are processed?

What do you guys feel about the volume of buying over sat post 5am-6amest so far.. It's looking healthier for buy support on the north american exchanges as well.

Bearstamp seems most skiddish still

Everyone here is going to tell you that the price is going down until they close their shorts or re-entry positions.  When the price is going down, get back to the fundamentals and the actual numbers.  Some bears took advantage of the doom and gloom they were able to post all around and got a bunch of inexperienced traders to leave their original positions at far greater losses, there will be some good natured people spreading this doom and gloom now to further their own positions now that they got caught with their shorts down.  Someone is dropping ~100 coins every 10 minutes for the past 4 hours now in an attempt to cause a second wave of panic when the only reason the panic started in the first place was because of two well timed 5,000 coin drops that have since re-entered.. their are some very big coin holders in here that would love more people to give in to the illusion of the lower entry greed.  The normal uptalkers right now are busy starring at charts while the normal downtalkers are attempting to take advantage of the lack of confidence instilled.  Patience in your friend.

How else can we get more coins. Taking advantage of market sentiment is an art.

[gandhibt]

seems like 755 has been resistance/support in near past at stamp

[humanitee]

How else can we get more coins. Taking advantage of market sentiment is an art.

Buy them?
Earn them for a service/good?

[macsga]

hehehe... I expected posts like this after today...
http://www.latimes.com/business/hiltzik/la-fi-mh-the-bitcoin-crash-20131207,0,7011276.story#axzz2moC9GaMK

[octaft]

Everyone here is going to tell you that the price is going down until they close their shorts or re-entry positions.  When the price is going down, get back to the fundamentals and the actual numbers.  Some bears took advantage of the doom and gloom they were able to post all around and got a bunch of inexperienced traders to leave their original positions at far greater losses, there will be some good natured people spreading this doom and gloom now to further their own positions now that they got caught with their shorts down.  Someone is dropping ~100 coins every 10 minutes for the past 4 hours now in an attempt to cause a second wave of panic when the only reason the panic started in the first place was because of two well timed 5,000 coin drops that have since re-entered.. their are some very big coin holders in here that would love more people to give in to the illusion of the lower entry greed.  The normal uptalkers right now are busy starring at charts while the normal downtalkers are attempting to take advantage of the lack of confidence instilled.  Patience in your friend.

All of this works the other way, though: the holders will talk about how it's not over, it's just a correction, etc. I feel that for the most part, extreme posts from either side tell little more than their creators current position.

[Krabby]

Hummm, charts looking interesting.

[Sitarow]

How else can we get more coins. Taking advantage of market sentiment is an art.

Buy them?
Earn them for a service/good?

I find those are great. However if you factor in the btc value today. Those who have invested in service oriented btc project's have underperformed compared to those that just buy and hold btc.

[Nemo1024]

Talking about fundamentals. Median line was mentioned a while back, and that we might correct/crash to it. Does anyone have a graph for where the median is now? I think it was around 450-ish.

[11ams]

Someone posted a chart a couple of pages back. I believe it was 400-450.