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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26370519 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
adamstgBit
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December 17, 2013, 02:08:54 AM
 #62861

BTC is correcting back to 140$...  Where it was sitting comfortably for weeks before China inflated it.

wana make a bet?
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windjc
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December 17, 2013, 02:10:40 AM
 #62862

Looks like China is destined to visit support at 2500-2600 range. Might as well do it quickly and get it out of their system.
ehoffman
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December 17, 2013, 02:11:15 AM
 #62863

BTC is correcting back to 140$...  Where it was sitting comfortably for weeks before China inflated it.

wana make a bet?

Well, Gox is overinflated...

BTCChina: 3250 CNY.
3250 CNY = 535 USD.
Gox : 712 USD...  SELL! :-)
UnDerDoG81
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December 17, 2013, 02:11:24 AM
 #62864

Strange, Nobody ever tought about it that Communism is the oposit of capitalism? China would Never allow that its Folks become rich. What a trap, when I think about it now...
fluidjax
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December 17, 2013, 02:12:13 AM
 #62865

And Gox refusing to play along.

Gox and Stamp are not refusing. There are some very big Players on Stamp, Gox and BTChina that are trying to stabilize the price. They are eating thousands of coins...

This is not like the dumps of old... Stacks of coins eaten up by the big players. Gonna make it harder to choose a re-entry point.
windjc
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December 17, 2013, 02:12:24 AM
 #62866

This is the run up in reverse.  Exchanges diverging like mad.  
ehoffman
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December 17, 2013, 02:15:38 AM
 #62867

I turn my monitor upside-down...  Everything's going up!
seleme
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December 17, 2013, 02:17:25 AM
 #62868

I turn my monitor upside-down...  Everything's going up!

BUY, BUY, BUY  Grin
adamstgBit
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December 17, 2013, 02:17:34 AM
 #62869

my net worth is dropping and fast, so I eat popcorn and tell you guys about it. lmao! life its a joke and nobody gets it....
Krabby
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December 17, 2013, 02:18:38 AM
 #62870

my net worth is dropping and fast, so I eat popcorn and tell you guys about it. lmao! life its a joke and nobody gets it....

Do you want to kiss for real?
gandhibt
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December 17, 2013, 02:18:44 AM
 #62871

my net worth is dropping and fast, so I eat popcorn and tell you guys about it. lmao! life its a joke and nobody gets it....

Who cares about dollars when you can have bitcoins? Grin
Nolo
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December 17, 2013, 02:19:12 AM
 #62872

I wonder if the Chinese weren't a drag on the market this whole time anyway.  

Was the fear of the Chinese government something that was keeping new potential whales from jumping in?  Now that the shoe has dropped, and China has decided to bottle its people back up and make them go back to their pollution and hovels, will this bring optimism back once they're out of the market?  The rest of the world can regulate, but it can never really shutdown like China could.  Regulation in the rest of the world is often seen as a bullish sign.  In China its been the opposite, since everyone always knew what their government could do.

  

  
YoYa
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December 17, 2013, 02:19:27 AM
 #62873

Is it wrong that I am more comfortable on the way down than I was on the way up....
quone17
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December 17, 2013, 02:19:50 AM
 #62874

Interesting how this doesn't seem to be an uncontrolled freakout crash unlike the last time. I dont expect it to go all the way back to like $200. I think there are too many no time players who bought high  
seleme
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December 17, 2013, 02:21:59 AM
 #62875

Is it wrong that I am more comfortable on the way down than I was on the way up....

I'm just glad we're getting rid of Chinese influence.
Nolo
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December 17, 2013, 02:22:15 AM
 #62876

Anyone that can read Chinese, what does the yellow sticky note on OKCoin.com say?  That's new I think.  Its an image and I can't translate it. 
windjc
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December 17, 2013, 02:22:45 AM
 #62877

Is it wrong that I am more comfortable on the way down than I was on the way up....

No. Because I think many of us realized deep down inside that this market could never go to new ATHs until we had a purge.

This rally put Bitcoin squarely in the eye of governments, banks and regulators. And the weight of their opinions is bringing the market back down. Next time we go up we should have institutional money behind us and it will be a whole new ballgame.
quone17
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December 17, 2013, 02:25:58 AM
 #62878

Is it wrong that I am more comfortable on the way down than I was on the way up....

Haha I've had that feeling before. It's like when it's going up there is the pressure of "should I sell" and "wow I'm making a lot of money". Then on the way down its like ok I can buy more, I just need to sit tight and not do anything. I'd be interested in the psychology of it.
Voodah
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December 17, 2013, 02:26:44 AM
 #62879

I think we may all end up visiting Risto's promised land at 500...
BitThink
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December 17, 2013, 02:27:01 AM
 #62880

Anyone that can read Chinese, what does the yellow sticky note on OKCoin.com say?  That's new I think.  Its an image and I can't translate it. 
A notice that 0 trading fee policy is stopped.
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