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

[gandhibt]

reversed head and shoulders in all 4 main exchanges

Where are we headed right now ?

idk, if 650 holds then maybe this was it but if not then we go lower

badass answer, have you smoked again?  

keeps me going not so much sleep last night...

theres a lot of support at 650 i think it will hold for now

[EuroTrash]

I can't make memes at work. Imagine usual meme of scared face. Text below.

WHAT IF

(meme)

RPIETILA WAS RIGHT?

 

[alexeft]

I can't make memes at work. Imagine usual meme of scared face. Text below.

WHAT IF

(meme)

RPIETILA WAS RIGHT?

 

Its not very hard to be right when predicting the price of bitcoin. Getting the time right is a bit more tricky.

Isn't it always like that? For example you can say "bitcoin shall rise, bitcoin shall fall, yada yada yada". You will be right so long as you don't tell when!!!

[Voodah]

I can't make memes at work. Imagine usual meme of scared face. Text below.

WHAT IF

(meme)

RPIETILA WAS RIGHT?

 

Its not very hard to be right when predicting the price of bitcoin. Getting the time right is a bit more tricky.

Isn't it always like that? For example you can say "bitcoin shall rise, bitcoin shall fall, yada yada yada". You will be right so long as you don't tell when!!!

Yeah but you can also hit an exact price target. He said 500 so it hasn't happened yet, but he's probably buying along the way.

[NewLiberty]

Is it not the case that most 3rd party payment providers in the US won't go near bitcoin exchanges with a barge pole? And if so, is the situation in China now not pretty similar?

In China its better than US.
The banks will still work with you in China.
http://www.reddit.com/r/Bitcoin/comments/1t0yk5/final_word_from_my_rep_at_chase_all

[MikeH]

In China its better than US.
The banks will still work with you in China.
http://www.reddit.com/r/Bitcoin/comments/1t0yk5/final_word_from_my_rep_at_chase_all

yea as long as you can still move money via banks it doesn't seem a big deal, certainly better than it is for us in Australia in moving $ to an overseas exchange, the fees are crazy.

http://money.msn.com/top-stocks/post--the-hottest-investment-in-2014-bitcoin

[Mad Scientist]

Well if it goes to >10,000 then that'll wipe out all my loses, which aint much because I haven't been playing with that much really.

[gandhibt]

Well if it goes to >10,000 then that'll wipe out all my loses, which aint much because I haven't been playing with that much really.

if you need $10k per coin to cover its a huge loss at least %

[spooderman]

reversed head and shoulders in all 4 main exchanges

Where are we headed right now ?

idk, if 650 holds then maybe this was it but if not then we go lower

badass answer, have you smoked again? 

After careful analysis coupled with years of trading experience I have decided that two things can now happen:

The price could do down
The price could go up

err....and that it also might just stay here.

[mmitech]

guys you have been doomed http://www.btc38.com/btc/btc_market/476.html

and this https://www.okcoin.com/t-1005042.html

and this http://www.reddit.com/r/Bitcoin/comments/1t2mec/youve_been_duped_china_may_not_be_a_paragon_of/

use google translate, I think they really succeed in spreading FUD.


all I know that I really took advantage of this situation and strengthen my bitcoin position

[tutkarz]

I can't make memes at work. Imagine usual meme of scared face. Text below.

WHAT IF

(meme)

RPIETILA WAS RIGHT?

 

he was very lucky or somehow he knew what will happen in china days before we did.

[TheCoinBull]

What a boring day in the world of Bitcoin. Already increased my stash as much as possible, now what?

[Mad Scientist]

Well if it goes to >10,000 then that'll wipe out all my loses, which aint much because I haven't been playing with that much really.

if you need $10k per coin to cover its a huge loss at least %

I don't NEED it, I was just remarking how many posters seem to think it'll get to 10K. In fact, if/when it gets to 1200 I'll MORE than recover those losses, in BitCoin AND the other coins I have.

Percentage wise yes, total dollar wise no it's not a huge loss. I'm only playing with what I can afford to lose so far and besides, it's a good education.

[NewLiberty]

In China its better than US.
The banks will still work with you in China.
http://www.reddit.com/r/Bitcoin/comments/1t0yk5/final_word_from_my_rep_at_chase_all

yea as long as you can still move money via banks it doesn't seem a big deal, certainly better than it is for us in Australia in moving $ to an overseas exchange, the fees are crazy.

http://money.msn.com/top-stocks/post--the-hottest-investment-in-2014-bitcoin

The US banks are starting to run away, scared.  This is pretty weird when you think about it for a minute.  Why should they be afraid, the have biggest powers in the world wrapped around their fingers..
Do they fear competition, innovation?
They rely on big buildings to make them appear stable and solid, but it is just a front.  None of them have been solvent for a long time except by stealing, cheating, and extortion (If you don't give us all your money, we wreck the world, if you don't use your power to take money from everyone and give it to us, you all die.  We're too big to fail, now make us bigger).

[gandhibt]

theres no push no big sells anymore, fuel tanks are empty, its time to refuel and change the course

[ChartBuddy]

[gandhibt]

Well if it goes to >10,000 then that'll wipe out all my loses, which aint much because I haven't been playing with that much really.

if you need $10k per coin to cover its a huge loss at least %

I don't NEED it, I was just remarking how many posters seem to think it'll get to 10K. In fact, if/when it gets to 1200 I'll MORE than recover those losses, in BitCoin AND the other coins I have.

Percentage wise yes, total dollar wise no it's not a huge loss. I'm only playing with what I can afford to lose so far and besides, it's a good education.

well its good to practice with smaller amount and add not before you're good with smaller amount

[TheCoinBull]

theres no push no big sells anymore, fuel tanks are empty, its time to refuel and change the course

You mean all the weak hands have folded. thank you Gandhibt, o great powerful one

[TheCoinBull]

theres no push no big sells anymore, fuel tanks are empty, its time to refuel and change the course

Careful, it looks like someone's willing to throw away a lot of coins to prevent this turning into an upward trend, btcc's volume is spiking very high on the downside.

You mean he mite be wrong

[marcelus]

Probably the tinfoil hat talking but there seems to be a fair amount of trading that's taking a loss to push lower. Long term bear maybe but it coincides with European timezones and Europe could be due some bad news tomorrow:
http://www.irishtimes.com/business/sectors/financial-services/eu-agrees-bail-in-rules-for-deposits-1.1626033

News like this usually sends the price rocketting.