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

[SheHadMANHands]

[kurious]

What's great is that Gox whale's can only manipulate us for so long, you can almost see the arrogance... It seems BTC-E and BTCChina are about to lead the recovery.

The news has been great so far, we just had a 500$+ drop, over the weekend when there's no money coming in, I'm not sure what more you guys are looking for.

If we go down from here, buy more, but I doubt it. 

Just remember most people on here have an agenda.  Fact is there has been great news for weeks, there is plenty of money on the sidelines who sees a 500$ discount in front of them, and lol fiat is still trapped on gox.

+1

[NewLiberty]

Interesting data point:
Over the last 3 months.
100% of the days after having the volume of Dec 7 MtGox (90K+) were the start of uptrends. (4 data points)
We'll see if this trend holds.

If you have bee buying yesterday and today, you probably have nothing to worry about for a while.

[kurious]

Long term - it's a cert.  So, I think I will take next week off and see if I can ignore the screen for a bit.*   

Then I can pop back and it will all have changed and the bears will be back in their caves, licking their wounds and panic-buying to to get their goxbux out. 


*I doubt I will have this much willpower

[gandhibt]

The 'Chinese Scare' was actually good news guys.

It doesn't feel like it did us much good right now, though!

A few days ago I was sure we would take Gold and then rise to, oooh, y'know 1300 up to 1500 range.

Since then we have dipped below 600 and can't seem to stay over 700.

I have spent all my fiat buying at what seems to be amazing prices compared to a even a week ago.    

Good news would be stability over 800 right now - I would settle for that!

Yes it was surely breaking 1250 and having another leg up with with a solid correction behind it, before the news.  It is very interesting to see how bubble pop dynamics are precisely played out on the chart when the event was actually news driven. I would never have said we were in the "bubble phase" of the rally yet because there were healthy corrections.

I think we were kinda bubbly, but I was also expecting another leg up (which is why I didn't sell for incoming correction/crash-trading).  Probably the uncertainty of what the China news meant was enough to drive people to profit-taking.

I thought also that we have fuel left and that with this weird "crash" has risen the possibility in my mind that this necessarily isn't a start for bear market, despite the fact that important supports were broken. Lets see next few days. Exciting times. My Position is mostly BTC, but I have USD too.

[barbs]

Long term - it's a cert.  So, I think I will take next week off and see if I can ignore the screen for a bit.*   

Then I can pop back and it will all have changed and the bears will be back in their caves, licking their wounds and panic-buying to to get their goxbux out. 


*I doubt I will have this much willpower

haha every time i tell my girlfriend / friends, thats it, i'm not checking the bitcoin price for weeks, they laugh at me.

And i check the bitcoin price 10 mins later.

[kurious]

The 'Chinese Scare' was actually good news guys.

It doesn't feel like it did us much good right now, though!

A few days ago I was sure we would take Gold and then rise to, oooh, y'know 1300 up to 1500 range.

Since then we have dipped below 600 and can't seem to stay over 700.

I have spent all my fiat buying at what seems to be amazing prices compared to a even a week ago.    

Good news would be stability over 800 right now - I would settle for that!

Yes it was surely breaking 1250 and having another leg up with with a solid correction behind it, before the news.  It is very interesting to see how bubble pop dynamics are precisely played out on the chart when the event was actually news driven. I would never have said we were in the "bubble phase" of the rally yet because there were healthy corrections.

I think we were kinda bubbly, but I was also expecting another leg up (which is why I didn't sell for incoming correction/crash-trading).  Probably the uncertainty of what the China news meant was enough to drive people to profit-taking.

I thought also that we have fuel left and that with this weird "crash" has risen the possibility in my mind that this necessarily isn't a start for bear market, despite the fact that important supports were broken. Lets see next few days. Exciting times. My Position is mostly BTC, but I have USD too.

My frustration is purely that the indicators have not warranted the carnage we have seen, I am concerned we are being manipulated by people who don't give a damn about Bitcoin, just easy pickings...  

There has been no real reason for the drop I can make sense of if Bitcoin has a future.

If it didn't we would be WAY lower, but why the timidity with all the news being so positive?

[barbs]

I'm a f*ing astronaut cause I got BTC

See you guys in orbit.

[kurious]

To be more positive - if 'that which does not kill us, makes us strong'

Then we have now proved this - so a bull market MUST now return.

[Davyd05]

Last chance to sell at 700+ guys, better go for it...

so.. do they sell now at 750? cause you sure just like spreading fear.

I read the time stamp perhaps you meant until 4:00

[JimboToronto]

How long before the next feeble attempt to push the Gox price under $700?

Lots of money has been wasted by somebody trying to do that without success via market sells when they could have just placed asks and waited for them to be filled.

[oda.krell]

Well, I posted when I sold 2 days ago, so now (without any good reason :D) I'm going to post I'm back in. I don't know if the correction is over yet, or will continue on Monday, but I see a slightly higher chance for continuing some kind of rally on Monday than another drastic drop *without any further warning signs*, so it seems wiser to buy back now (at a nice healthy 30% profit :D) than take the risk to buy back at a (coin) loss. I'll say however that I'm prepared to sell off again if it turns out that what looks like consolidation now doesn't hold tonight/on Monday.

[gandhibt]

Well, I posted when I sold 2 days ago, so now (without any good reason ) I'm going to post I'm back in. I don't know if the correction is over yet, or will continue on Monday, but I see a slightly higher chance for continuing some kind of rally on Monday than another drastic drop *without any further warning signs*, so it seems wiser to buy back now (at a nice healthy 30% profit ) than take the risk to buy back at a (coin) loss. I'll say however that I'm prepared to sell off again if it turns out that what looks like consolidation now doesn't hold tonight/on Monday.

always nice to read your analysis

[tutkarz]

it's not good that someone is playing with the market but at last he is playing against it and letting other people to stock up cheap bitcoin's which means that person wont see them again. Not for that price anyway.

[philip2000uk]

Well I found a filipina friend who lives between singapore and philippinnes so not everyone is like that or needs your money.  There are a lot of poor people too that westerners pray on.  Filipinas are more loving than western women, western women go for men with money, muscles and looks and rarely personality.  Hence why i've not found anyone

guess you shouldn't generalise but my Uncle married one, she was obsessed with $ and left him cos his investments didn't turn out well.. other filipinas at work kept trying to hook people up to get their friends and relatives into australia - one old guy bought in, practically got married before they met.. it's quite blatant but I suppose marriages of convenience work for some.

The way I see it though at age 31 in the uk i've never had a british relationship (I had a 2 week date with a latina girl she was confused about whether she liked girls or boys, after then later inviting me to usa with her to do flight training she actually liked girls and i met her american girlfriend over there and stayed there with her for 4 months so i know it was true love for them.)

I've had a 4 day date with a latvian girl living in liverpool, we went latvia ice skating.

I then met a filipina girl on facebook living in singapore with her cousin.  I went singapore and we did fun things like the zoo.  We're still friends, shes gone back to manila to work.  She's not looking for love with me or anything

So that's why i'm happy going to manila again

I know there's people that need money.  I wouldn't go for the ones that are too obvious.

I'll be better out there finding 2 weeks of love than dieing without ever having anyone by living in the uk.

Asians like Sweet guys, UK's like hot guys.  I'm the sweet guy type lol

[philip2000uk]

What's great is that Gox whale's can only manipulate us for so long, you can almost see the arrogance... It seems BTC-E and BTCChina are about to lead the recovery.

The news has been great so far, we just had a 500$+ drop, over the weekend when there's no money coming in, I'm not sure what more you guys are looking for.

If we go down from here, buy more, but I doubt it. 

Just remember most people on here have an agenda.  Fact is there has been great news for weeks, there is plenty of money on the sidelines who sees a 500$ discount in front of them, and lol fiat is still trapped on gox.

Being so public that bitcoin is, we can see the manipulation so clearly.

There was something i think on RT news about the FX market getting manipulated every once in a while.

[philip2000uk]

I think we're now we're now working on the "arm of death" as the final bulltrap before capitulation.

+1

is that like catapultation 

[kurious]

Well I found a filipina friend who lives between singapore and philippinnes so not everyone is like that or needs your money.  There are a lot of poor people too that westerners pray on.  Filipinas are more loving than western women, western women go for men with money, muscles and looks and rarely personality.  Hence why i've not found anyone

guess you shouldn't generalise but my Uncle married one, she was obsessed with $ and left him cos his investments didn't turn out well.. other filipinas at work kept trying to hook people up to get their friends and relatives into australia - one old guy bought in, practically got married before they met.. it's quite blatant but I suppose marriages of convenience work for some.

The way I see it though at age 31 in the uk i've never had a british relationship (I had a 2 week date with a latina girl she was confused about whether she liked girls or boys, after then later inviting me to usa with her to do flight training she actually liked girls and i met her american girlfriend over there and stayed there with her for 4 months so i know it was true love for them.)

I've had a 4 day date with a latvian girl living in liverpool, we went latvia ice skating.

I then met a filipina girl on facebook living in singapore with her cousin.  I went singapore and we did fun things like the zoo.  We're still friends, shes gone back to manila to work.  She's not looking for love with me or anything

So that's why i'm happy going to manila again

I know there's people that need money.  I wouldn't go for the ones that are too obvious.

I'll be better out there finding 2 weeks of love than dieing without ever having anyone by living in the uk.

Asians like Sweet guys, UK's like hot guys.  I'm the sweet guy type lol

Sorry - but I have to ask..... Do all sweet guys have links to selling porn in their mail signatures?

[philip2000uk]

Well I found a filipina friend who lives between singapore and philippinnes so not everyone is like that or needs your money.  There are a lot of poor people too that westerners pray on.  Filipinas are more loving than western women, western women go for men with money, muscles and looks and rarely personality.  Hence why i've not found anyone

guess you shouldn't generalise but my Uncle married one, she was obsessed with $ and left him cos his investments didn't turn out well.. other filipinas at work kept trying to hook people up to get their friends and relatives into australia - one old guy bought in, practically got married before they met.. it's quite blatant but I suppose marriages of convenience work for some.

The way I see it though at age 31 in the uk i've never had a british relationship (I had a 2 week date with a latina girl she was confused about whether she liked girls or boys, after then later inviting me to usa with her to do flight training she actually liked girls and i met her american girlfriend over there and stayed there with her for 4 months so i know it was true love for them.)

I've had a 4 day date with a latvian girl living in liverpool, we went latvia ice skating.

I then met a filipina girl on facebook living in singapore with her cousin.  I went singapore and we did fun things like the zoo.  We're still friends, shes gone back to manila to work.  She's not looking for love with me or anything

So that's why i'm happy going to manila again

I know there's people that need money.  I wouldn't go for the ones that are too obvious.

I'll be better out there finding 2 weeks of love than dieing without ever having anyone by living in the uk.

Asians like Sweet guys, UK's like hot guys.  I'm the sweet guy type lol

Sorry - but I have to ask..... Do all sweet guys have links to selling porn in their mail signatures?

You're a girl aren't you? Why can't a kind person do topless models as a job? It pays the bills.  And even if I actually did get off on it, why would that make me an unkind unsweet person?  I'm still friendly to everyone.

[ChartBuddy]