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

[wachtwoord]

this is by far the slowest bitcoin crash in recorded history

Animated gifs don't work? https://i.imgur.com/Q2aMI.gif

[Sitarow]

[mobile]

Slow crash? What crash? I assume you guys are looking at the longer time intervals or I missed the punch line?

Reading through this thread & receiving bitcoin related news via google alerts we see a number of corporate merchants making announcements of the acceptance of BTC or the planned acceptance. Shouldnt we be buying up more BTC at these prices? Dont get me wrong, Ive made my share of purchases just under $500 and have a number of buy orders set well below that but when BTC hit its peak, dropped to 500ish-600ish briefly before  spiking up to the 1000's again, I remember thinking "I should of bought more @$600." Anyways, that was just some stream of thought there with the main point being placed on this "trendy merchant adoption" is interesting to see manifest.

[Biro Bob]

http://www.keepcalm-o-matic.co.uk/p/keep-calm-and-hodl-on-3/

[dgarcia]

this is by far the slowest bitcoin crash in recorded history

Following my calculations we will find the bottom at 325 in the year 2024 ;-)

So, patience please!

[Robert Lewandowski]

[dgarcia]

He's sleeping. Chance for breakout!

[TERA]

Slow crash? What crash? I assume you guys are looking at the longer time intervals or I missed the punch line?

Reading through this thread & receiving bitcoin related news via google alerts we see a number of corporate merchants making announcements of the acceptance of BTC or the planned acceptance. Shouldnt we be buying up more BTC at these prices? Dont get me wrong, Ive made my share of purchases just under $500 and have a number of buy orders set well below that but when BTC hit its peak, dropped to 500ish-600ish briefly before  spiking up to the 1000's again, I remember thinking "I should of bought more @$600." Anyways, that was just some stream of thought there with the main point being placed on this "trendy merchant adoption" is interesting to see manifest.

Well its hard to calculate what the valuation should be. For all we know the recent price is pumped up 20x by speculators and china. So just because there is good news doesn't mean the correct valuation is automatically higher than where it is at now. I think all this bull stuff is the only thing holding the price up right now on twigs on low volume. I don't want to be in when the flow stops and the downtrend violently resumes.

[mmitech]

this is by far the slowest bitcoin crash in recorded history

Following my calculations we will find the bottom at 325 in the year 2024 ;-)

So, patience please!

did you just say calculations ? you mean predictions right ? I wont jump to conclusions but I will ask you to share your "calculations" with us, can you please ? I am really curious !

[freethink2013]

this is by far the slowest bitcoin crash in recorded history

Following my calculations we will find the bottom at 325 in the year 2024 ;-)

So, patience please!

did you just say calculations ? you mean predictions right ? I wont jump to conclusions but I will ask you to share your "calculations" with us, can you please ? I am really curious !

whoosh

[alexeft]

Slow crash? What crash? I assume you guys are looking at the longer time intervals or I missed the punch line?

Reading through this thread & receiving bitcoin related news via google alerts we see a number of corporate merchants making announcements of the acceptance of BTC or the planned acceptance. Shouldnt we be buying up more BTC at these prices? Dont get me wrong, Ive made my share of purchases just under $500 and have a number of buy orders set well below that but when BTC hit its peak, dropped to 500ish-600ish briefly before  spiking up to the 1000's again, I remember thinking "I should of bought more @$600." Anyways, that was just some stream of thought there with the main point being placed on this "trendy merchant adoption" is interesting to see manifest.

Well its hard to calculate what the valuation should be. For all we know the recent price is pumped up 20x by speculators and china. So just because there is good news doesn't mean the correct valuation is automatically higher than where it is at now. I think all this bull stuff is the only thing holding the price up right now on twigs on low volume. I don't want to be in when the flow stops and the downtrend violently resumes.

Sooooooooooo, you can calculate the future, right???

[spooderman]

I feel we are above where we need to be for all those charts with lines that bears were posting to be accurate.

[dgarcia]

this is by far the slowest bitcoin crash in recorded history

Following my calculations we will find the bottom at 325 in the year 2024 ;-)

So, patience please!

did you just say calculations ? you mean predictions right ? I wont jump to conclusions but I will ask you to share your "calculations" with us, can you please ? I am really curious !

http://harconllc.com/wordpress/wp-content/uploads/2011/05/5958522_s1-resized-377.png

BTW.: It was a joke, caused by the slooooow price movement.

[TERA]

I feel we are above where we need to be for all those charts with lines that bears were posting to be accurate.

Only on mtgox, on a linear scale, and worst of all low volume

[wachtwoord]

I feel we are above where we need to be for all those charts with lines that bears were posting to be accurate.

Easiest explanation: the charts are wrong

[dgarcia]

that bears were posting to be accurate.

That bears were posting!

Your world seems very simple with such friends and enemies.

[TERA]

I think I'll just buy on a high volume day. How about that. It might be above or below the current price but at least I won't be nervous as shit.

[Syke]

did you just say calculations ? you mean predictions right ? I wont jump to conclusions but I will ask you to share your "calculations" with us, can you please ? I am really curious !

If Hari Seldon were around, he could do it!

[dgarcia]

I think I'll just buy on a high volume day. How about that. It might be above or below the current price but at least I won't be nervous as shit.

I can understand you. It's very uncertain and fragile situation now.

[wachtwoord]

The fifth growth spurt