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

[Davyd05]

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  

You're right, they were mixed. What the hell is up with that?

the first block appeared when price was still over 800, I told the guys that there will be a dump and I decided to sell 50% just to be sure, then all blocks followed and the dump started, there was a block with more than 170K and another with more than 80K and few with more than 50K....

I tried to follow the transactions but they were too long, so I dont know what the hell is going on, but I still believe that part of it was dumped....

There's something else big going on here that we can't see.

like I said less than two days from now the eurozone resumes talks of plans that start with cyprus style bail ins. If the whales just fleeced people out of 200-300$ discounts  there going to be laughing riding on the bubble a eurozone bail in will create.

[dwdoc]

Why don't china like bitcoin again?

http://www.coindesk.com/china-bans-payment-companies-working-bitcoin-exchanges-sources-claim/

[Mirsad]

Read and repeat after me PLEASE:

I personally follow and post here the 5 rules of success for you:
1. Don't get emotional from other's people thoughts.
2. Everyone here is a "nice person" you can trust.
3. IF YOU DON'T KNOW WHAT TO DO, TRADE.
4. SELL!!!
5. Until you desperately need the bitcoin follow rule #4.

Good Luck!

[crazy_rabbit]

You realize what this means right, the China market is pretty much dead in the water. Central bank won't allow for financial institutions to do business with bitcoin exchanges... Which only leaves the otc bitcoin market. There's no reason for anyone in China to hold bitcoins anymore. Everyone will sell and withdraw.

Right... because Chinese do no international trade....  lol

Exactly genius, so American will buy stuff from China, pay in bitcoin and the manufactures in China will pay the labor and materials with a currency that's worthless inside the country.

Win for USD as world reserve currency. Think man, THINK.

[aminorex]

...and china breaks above 4000.

[crazy_rabbit]

I really start feeling stupid for not selling a single coin since I bought some in late summer... It seems that all bulls sold at least some of their coins during the runup?
But on the other side, I do not have many coins and I believe a much greater value will be achieved during the next years, so I don't want to "lose" some due to bad trading (even I'd profit $-wise).
It just feels strange to lose more dollars than I ever owned...

I thought the same on April this year. Calm down, everybody.

True, however, if you made profit, I'd suggest to cash out at least the initial investment. Does wonders to your sanity and the sense of serenity during the turbulent times such as this. But don't cash out now.

You might want to cash something out now. Just saying.

[jojo69]

or not

[QuestionAuthority]

Chinese officials are probably playing the market and forcing a dump. Tomorrow the official statement reads simply, "we never said that".

[crazy_rabbit]

It's going to take a few days for the meaning of all this to become clear I think. Apparently the Chinese have some grace period to withdraw their funds before the regulations take effect.

[Nolo]

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

Blitz, you're an annoying trollbearcunt most of the time, but that picture is priceless and completely accurate Thanks.

LOL

As I posted about 25-30 pages back several hours ago, China is being told by the rest of the world to screw off.  China is going to realize that the market isn't going to continue responding as dramatically to their little panic tricks that they've used to scoop up coins, and they'll start acting differently.  

[spooderman]

April's crash was triggered by Gox going down. This one seems to be triggered by China dropping off. Bit more serious. Glad we've matured.

[wachtwoord]

like I said less than two days from now the eurozone resumes talks of plans that start with cyprus style bail ins. If the whales just fleeced people out of 200-300$ discounts  there going to be laughing riding on the bubble a eurozone bail in will create.

Who's getting a bailout for Christmas?

[Krabby]

Next Week: USA 'bans' bitcoin

[Kj1]

notice how everybody ignores gox now in this thread?

[wachtwoord]

Next Week: USA 'bans' bitcoin

It's the final step before we win. Please everyone: Fight us. Make our day!

[MikeH]

is there an iphone app that sends alerts on movements in % over a specified period?

[Davyd05]

I really start feeling stupid for not selling a single coin since I bought some in late summer... It seems that all bulls sold at least some of their coins during the runup?
But on the other side, I do not have many coins and I believe a much greater value will be achieved during the next years, so I don't want to "lose" some due to bad trading (even I'd profit $-wise).
It just feels strange to lose more dollars than I ever owned...

I thought the same on April this year. Calm down, everybody.

True, however, if you made profit, I'd suggest to cash out at least the initial investment. Does wonders to your sanity and the sense of serenity during the turbulent times such as this. But don't cash out now.

You might want to cash something out now. Just saying.

I can almost hear the shaking of your body in your words.

you shouldn't be selling unless you NEED the money ( bills, food, a part of your monthly budget) if not calm the fuck down as any news about China gets blown so far out of fucking context is makes me sick.

"At the moment, these claims are still rumours, as neither the PBOC nor any payment company has issued a statement to confirm what was discussed and what the outcome was. However, our source revealed they got their information from various channels, including those people who were at the meeting." http://www.coindesk.com/china-bans-payment-companies-working-bitcoin-exchanges-sources-claim/

I mean I'd love to believe that one article with non official sources would be 100% true but I don't buy it.. just like I am not buying the eurozone bail in discussion till they have a plan on the table thats agreed upon

[jojo69]

I should drop acid

[Nemo1024]

notice how everybody ignores gox now in this thread?

Yes.
I am following this http://bitcointicker.co/combined/ , and I am glued to the lower left and upper right corners

[Nolo]

is there an iphone app that sends alerts on movements in % over a specified period?

"bitcoin paranoid" is what I use on android.  Might want to see if they have an iphone app.