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

[Voodah]

So I'm going out tonight.. Won't be checking till tomorrow..

Could I possible get orders filled at 515 tonight?

What do you guys think?

[Walsoraj]

BTCChina dead, OKCoin busted http://www.coindesk.com/chinese-bitcoin-exchange-okcoin-accused-faking-trading-data/, btc38 down

I wouldn't be surprised if over 90% of trading volume on ALL the exchanges is by a tiny handful of manipulators. This news will probably cause the next major crash.

[seldon]

I think the manipulators might have all died in a plane crash.

Yeah, where is everybody? This place needs some action.

Did you know there was a truce on christmas eve 1914 in WW1?
Maybe we'll have a peaceful btc-christmas, but somehow feels less likely.

[N12]

It's a good thing we have all this manipulation by exchanges. Can't have the price going the wrong direction.

[Voodah]

BTCChina dead, OKCoin busted http://www.coindesk.com/chinese-bitcoin-exchange-okcoin-accused-faking-trading-data/, btc38 down

I wouldn't be surprised if over 90% of trading volume on ALL the exchanges is by a tiny handful of manipulators. This news will probably cause the next major crash.

"It's the news Bitcoin needs right now, but not the one it deserves"

[QuestionAuthority]

It's a good thing we have all this manipulation by exchanges. Can't have the price going the wrong direction.

That's not funny because it's true.

[spooderman]

I don't think China was such a good idea after all.

Whose idea was it?

I am talking about all the people ejaculating about it in the past months expecting them to be the future of Bitcoin, contrarily to the US, and those who had the impression that the Chinese government was favorable towards Bitcoin because it let it run on some TV channels.

In my view, Bitcoin has the least future in authoritarian countries.

I think authoritarians may love it, given that it's not anonymous. BTC is preferable to cash in some ways. (Although obviously less favorable in most other ways, given that they can't control the supply of it, but being able to track the circulation of it PERFECTLY does speak to authoritarians...)

But no I agree, BTC in China never made sense to me. This rally was doomed to fail. However, we have crashed to way above the April peak it seems. I think we can all agree that the lowest price a person could reasonably sell a bitcoin is in the 400s.

[ElectricMucus]

It's a good thing we have all this manipulation by exchanges. Can't have the price going the wrong direction.

That's not funny because it's true.

You don't get it: It's funny that it is true.

[Four-Rings-Workshop]

I am curious if any daytrader types here would share,

what is your avg trade size in BTC? 100,10,1, 0.1, 0.01.......

[N12]

Now buying: dogecoin, only with 2 BTC play money.

I always wanted to suggest to you to encourage your clients to "diversify" to DOGE.

Bitcoin is dead, long live the Dogecoin.



Disclaimer: I own 0 DOGE.

[alexeft]

I am curious if any daytrader types here would share,

what is your avg trade size in BTC? 100,10,1, 0.1, 0.01.......

0. I hodl!  

[alexeft]

Now buying: dogecoin, only with 2 BTC play money.

I always wanted to suggest to you to encourage your clients to "diversify" to DOGE.

Bitcoin is dead, long live the Dogecoin.

Woof!!!

very money

wow

[QuestionAuthority]

It's a good thing we have all this manipulation by exchanges. Can't have the price going the wrong direction.

That's not funny because it's true.

You don't get it: It's funny that it is true.

Yeah, I guess so. It would be funnier if Karpeles were extradited to the US for money laundering and MtGox started working properly because the remaining employees didn't know what to do. lol

Oh, and every trade came with a complimentary "magic trading card". rofl

[seljo]

I am curious if any daytrader types here would share,

what is your avg trade size in BTC? 100,10,1, 0.1, 0.01.......

0. I hodl!  

I hodl moar than zero!

[alexeft]

BTW, we need a cryptocoin that will ultimately mint something like 10^10 coins!!!

Or does something like that already exist?  

[alexeft]

I am curious if any daytrader types here would share,

what is your avg trade size in BTC? 100,10,1, 0.1, 0.01.......

0. I hodl!  

I hodl moar than zero!

You seem confused!

Edit: or maybe I am! 

[N12]

On that topic, guess what currency has the brightest future in China the coming months?

https://www.youtube.com/watch?v=zC12lgJGyi8

[alexeft]

On that topic, guess what currency has the brightest future in China the coming months?

https://www.youtube.com/watch?v=zC12lgJGyi8

ROFL!!!! Holy coin batman!!! Very money! Much dog! Hodl!! WOW!

[byronbb]

I am curious if any daytrader types here would share,

what is your avg trade size in BTC? 100,10,1, 0.1, 0.01.......

Ya hodler here but I think risking 2% of bankroll on a trade is considered prudent. I suspect most bitcoin traders are risking their entire BRs at a time.

http://www.forex-savvy.com/money-management/

[rpietila]

I think we can all agree that the lowest price a person could reasonably sell a bitcoin is in the 400s.

2 months ago, 400 was generally regarded as outrageous. So perhaps now it is the new floor