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

[Davyd05]

China got us to 1200 and china crashed us back down. There's going to be huge uncertainty until china figures out the reality of their situation.

On a plus note the black market in china is probably bigger than the economies of most nations.

China hasn't crashed us..fear has crashed us.. but never fear..only people who lose to fear are weak hands.

[niothor]

This isn't the best mood to get to sleep

[Walsoraj]

Huge bull trap this weekend. We are going under $200.

[hd060053]

lol @ 2,5k wall at 700

[macsga]

I'm off for a couple (dozen) of beers... I'll come back when I'm drunk  

[Krabby]

I'm off for a couple (dozen) of beers... I'll come back when I'm drunk  

We should all do this, we might become better traders.

[iarsenaux]

getting ready for todays crash. what a painful weekend.

[mb300sd]

I'm off for a couple (dozen) of beers... I'll come back when I'm drunk 

I'm with you. After the SEC Championships over...

[Davyd05]

getting ready for todays crash. what a painful weekend.

lol.. perpetuate fear why don't ya. How bout you just sell all your coins if you haven't. That way you can buy some more when it crashes..

[MoreFun]

getting ready for todays crash. what a painful weekend.

I suspect this is a lonely whale-bear nothing more.

[malevolent]

Funny to see both btc-e and bitstamp higher than gox.

[freethink2013]

Funny to see both btc-e and bitstamp higher than gox.

apparently btc-e are doing more volume than gox now? You know you are crashing when btc-e is the highest price

[iarsenaux]

getting ready for todays crash. what a painful weekend.

lol.. perpetuate fear why don't ya. How bout you just sell all your coins if you haven't. That way you can buy some more when it crashes..

i just sold mine 12 hours ago when it was still 780 - 800. just watching the boards for my buy back later.

[niothor]

Let's see the good news:
United States dollar almost doubles in value in a single day

http://www.coinion.com/2013/12/07/united-states-dollar-almost-doubles-in-value-in-a-single-day/

[callezetter]

anyone care to explain what a 2k dump + a sell wall is trying to accomplish?
keep the price fixed under the wall as long as possible to invoke fear or?

[Searing]

Huge bull trap this weekend. We are going under $200.

well I got my Jupiter miner oct 18th and coin was around $150 ....it was supposed to be a hobby get ROI back in say 6-9months mine a bit
more maybe get utils on house paid a few months.....hang out in bitcointalk.....(was gonna put up the old game server out of boredom
this at least paid for elec I thought)...something to do.......my expections we're modest (and now have a reset to that frame of mind ...er by force but a reset)

then of course everything went nuts and it became "more then a hobby" ..ie I was confused (still am)...the heady heights of 1200usd per btc.....don't ya know

will have probably 30-33 coin by the end of this year....so will hold and see where it goes ...have a 2 neptunes on order from knc ..but have
the option to cancel before shipping (hedge)...maybe it comes back..maybe not so much...interesting as hell it has been that is for sure!

we are just gonna  have to see how it goes....

have to 'reset' my mind back to hobby mode again (probably less stressful...one never wonders if ones bass boat will ROI as that as a hobby)

yeah denial is a wornderful thing (whatever gets you thru the days ahead)

my 2c worth
Searing

[mb300sd]

anyone care to explain what a 2k dump + a sell wall is trying to accomplish?
keep the price fixed under the wall as long as possible to invoke fear or?

To buy as much as possible before removing said wall.

Someone should ruin that plan by buying the wall!

[niothor]

anyone care to explain what a 2k dump + a sell wall is trying to accomplish?
keep the price fixed under the wall as long as possible to invoke fear or?

Yeah , tryng to bring down the price , so he could buy back cheaper and redo this again over time

[Davyd05]

getting ready for todays crash. what a painful weekend.

I suspect this is a lonely whale-bear nothing more.

I've come to the conclusion way too many people expect instant returns...this is possibly due to so much new money over the last short period.. and many of these people haven't experienced a true crash. That being said I think this correction is good for us, help educate the new blood. Its generally a painful lesson when you bought high and then sold low...buy&hold noobs.

[beaconpcguru]

sat down to see the most recent dumping..another loop

edit 2200 sell wall at 700 and its gone but not munched

You mean, it was said whale's wall and he just took it down so he could give a shot on another run down, bounce incoming