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

[seldon]

looks like rptilia is going to come out OK after all

There were enough people warning about this serious downtrade.. but hyperbulls are dellusional.

There were enough people warning when we broke 100$ ^^

[gandhibt]

damn I sold all, cant resist. What a loss...

How many coins? Bought in during the rally or sub 100$? Then it's not a loss, just a smaller profit.

33 Coins. The half I bought at $200 but the other half @780... Still a profit but when I think about the opotunity to sell @1200  

think about the future

[HairyMaclairy]

It's seven days to go to Xmas and we have a slow rolling crash that will take at least two weeks to play out as the whole of China exits BTCC.  The news article said withdrawals will also be banned by spring festival which is 31 January.   This story is going to dominate BTC press for weeks.  

This isn't over by a long shot.

Source?

I think you posted the link.

Secondly, for payment institutions business cooperation has occurred should be lifted, the stock of money at the latest to complete the withdrawal before the Spring Festival, the new payment services may not occur; Third, strict implementation of the December 5 the central bank issued a "notice". "these third-party payment companies told this reporter.

http://tech.sina.com.cn/it/2013-12-17/01139011174.shtml#483253-tsina-1-18627-1cf60a7c37a7bc296a2ba7aba0120190

[600watt]

jesus, for the first time i thought ... "my cold wallet..."

[jojo69]

we catching a bid here?

[humanitee]

looks like rptilia is going to come out OK after all

There were enough people warning about this serious downtrade.. but hyperbulls are dellusional.

Seriously? People are acting like this news was out and priced in weeks ago, it just came out last night.

[crazy_rabbit]

There seems to be buying pressure in China, but selling pressure seems to be just as great. Nice to hope that there are some firm believers, although.......I think it's a ploy to get out with as much as possible.

[Sitarow]

[N12]

Here is one of the funnier pictures on this topic from the delusional bull trap phase:

[Qbeczeq]

Well, I bought at $780 for 13K. Now its worth 10K. That is a loss for me... But it looks like I sold at a bottom again...

Im sure it will be more soon! dont worry

That's right! I'm sure that value of BTC will come back soon!

[granathus]

I'm just holding through this. Got no problem with price going way down, I'm in this for the long haul. Actually got more fiat coming in tomorrow, so I look at this as just a good opportunity to increase my position.  

[gandhibt]

if we stay above 50% line at $650 stamp, we will go up again soon, if its broken then we have maybe longer time to wait for highs (wild speculation)

[octaft]

Might be a bit premature to know for sure, but I think we've reached the bottom for now.

[mmitech]

another rebounce, but the dump didnt end yet look at this https://blockchain.info/block-index/450701/0000000000000002ed7a702d90aca7373dc61e2a0ddd182092835fa95c2616a1

and this https://blockchain.info/block-index/450703/0000000000000001a951ed92e4391f8852b5056ff265232bb32192d331a8fb18

still something doesn't feel right to me, now dont tell me it is normal, there was more than 600K bitcoin in the last 20 block, and all were using mixing service, now if you can explain that I will be really thankful  

[UnDerDoG81]

Yayyy and once again, sold at bottom and we go up lol

[farfiman]

When they said the chinese are taking us todamoon  they meant Jade Rabbit.

[crazy_rabbit]

another rebounce, but the dump didnt end yet look at this https://blockchain.info/block-index/450701/0000000000000002ed7a702d90aca7373dc61e2a0ddd182092835fa95c2616a1

and this https://blockchain.info/block-index/450703/0000000000000001a951ed92e4391f8852b5056ff265232bb32192d331a8fb18

still something doesn't feel right to me, now dont tell me it is normal, there was more than 600K bitcoin in the last 20 block, and all were using mixing service, now if you can explain that I will be really thankful  

I sent some cold storage stash (thats right! I CRACKED ONE OPEN!) and it was sent with a fee but STILL hasn't made it into the chain. Christ!

[Davyd05]

looks like rptilia is going to come out OK after all

There were enough people warning about this serious downtrade.. but hyperbulls are dellusional.

Seriously? People are acting like this news was out and priced in weeks ago, it just came out last night.

it did come out about a week ago. The full understanding of it has been yet to play out.. this news is str8 up un confirmed talks between POBC and 3rd party depositers

however.. the volumes don't match up with the last drop, much more were sold on the way to 570 last time, I think we're gonna see an epic bear trap... but not like to 10000 overnight.. just probably low 850s

[macsga]

Do I see a reversal... ?

* macsga orders the lady to light him up a cigar...

[Nemo1024]

To da moon (again)?