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

[JimboToronto]

Bitcoin Bozo Bounces Back.

Bears Bawl, Boohoohoo.

Bulls Bask. Bwahaha.

[ChartBuddy]

[T.Stuart]

Bottom falling out. Time to sell and buy back at new low. huge sell offs will be coming through the day and tomorrow %100 guarantee.

LOLOLOLOL 

hahahahaha

 

\

1 BTC bet. huge sell offs happen and price goes below 750 on gox with the next 48 hours??

Is this for real?

Coinbull I accept your wager. Please answer my PM.

Who is escrow!!!       (not me, i have to travel now but i haz poped corn!)

I can see others have responded. We should work it out now together CoinBull, Windjc and Magicmexican.

Anyway we need Coinbull to answer!

[JimboToronto]

Bottom falling out. Time to sell and buy back at new low. huge sell offs will be coming through the day and tomorrow %100 guarantee.

LOLOLOLOL  

hahahahaha

 

\

1 BTC bet. huge sell offs happen and price goes below 750 on gox with the next 48 hours??

Is this for real?

Coinbull I accept your wager. Please answer my PM.

OMG I seem to have opened a real can of worms by laughing at what I thought was an obvious joke.

Good thing I don't gamble (rule of mine for almost 50 years) or I would have been first to accept OP's Coinbll's foolish bet. Betting in the currency whose price is being bet upon... and taking the short position? LOL

[T.Stuart]

Bottom falling out. Time to sell and buy back at new low. huge sell offs will be coming through the day and tomorrow %100 guarantee.

LOLOLOLOL 

hahahahaha

 

\

1 BTC bet. huge sell offs happen and price goes below 750 on gox with the next 48 hours??

Is this for real?

Coinbull I accept your wager. Please answer my PM.

OMG I seem to have opened a real can of worms by laughing at what I thought was an obvious joke.

Good thing I don't gamble (rule of mine for almost 50 years) or I would have been first to accept OP's foolish bet. Betting in the currency whose price is being bet upon... and taking the short position? LOL

Seems only fair that you consider escrowing this for us! What do you say?

[humanitee]

ITT: CoinBull never returns. 

[JimboToronto]

Thanks but no thanks.

Why would anyone trust me anyway? 

[T.Stuart]

Thanks but no thanks.

Why would anyone trust me anyway? 

OK no worries! 

This is the first time I have done this. Perhaps you can propose someone Windjc and Magixmexican?

[TiagoTiago]

Change the crown to a bitcoin and you got a winner

[Richy_T]

I'll do it if you want. Address down there ---v

Suggest coinabul deposits first as he's called the bet. Terms will have to be properly defined (48 hours from when)

[JimboToronto]

Suggest coinabul deposits first as he's called the bet.

If we ever hear from him again.  

Edit- Sorry Coinbull, didn't realize you'd PMed T.Stuart and you're busy at work.

Work, bah, curse of the drinking class. 

[T.Stuart]

I'll do it if you want. Address down there ---v

Suggest coinabul deposits first as he's called the bet. Terms will have to be properly defined (48 hours from when, which exchange and other such things.)

Thanks very much for the offer! I would like to hear from Windjc and Magicmexican first so we can all agree. They may have their own proposed escrow.

I think the terms are clear. Coinbull said $750 on Gox within 48 hours. Should really be from the time he made his proposal. He said in his PM he leaves work and can reply to us in around 8 hours. Incidentally I would say that would be a bit too long for people to pile in on the bet but I suppose that's up to Coinbull to decide!  

[pdawg]

[TheCoinBull]

I'll do it if you want. Address down there ---v

Suggest coinabul deposits first as he's called the bet. Terms will have to be properly defined (48 hours from when, which exchange and other such things.)

Thanks very much for the offer! I would like to hear from Windjc and Magicmexican first so we can all agree. They may have their own proposed escrow.

I think the terms are clear. Coinbull said $750 on Gox within 48 hours. Should really be from the time he made his proposal. He said in his PM he leaves work and can reply to us in around 8 hours. Incidentally I would say that would be a bit too long for people to pile in on the bet but I suppose that's up to Coinbull to decide!  

We good or what. dumping has already started!

[mmitech]

I think TA should be used with real caution now, since the fundamentals have improved and we have a lot of bigger players entering. Just some advice for the people who focus mainly on TA.

I don't know, really. What else do you have, other than TA?

I mean, fundamentals are subject to interpretation as well. There is no "objective" way to look at news/fundamentals... the market reaction to the Silk Road bust is a perfect example for that.

My point is, TA is just as useful or not useful as it always is.

Perhaps what you have in mind is better phrased as: "don't cling to *outdated* assumptions from TA".

I remember one of the mantras being repeated after the April peak/crash was that "price has to deflate back all the way" (which was either ~15 USD = price at beginning of the rally or ~30 USD = previous ATH). In reality, final capitulation was at ~60 USD, off by a factor of 2.

* * *

The current situation still fits into my own expectations... we went up pretty nicely over the last weeks, and with some extra force in the last few days, and I still consider it a real possibility that we're seeing an early end to the post-December peak bear market. On the other hand, we have what could be a (spread out) double top at 1070/1090, and there's also a real chance we're still going to go down much further.

I'm not tempted to re-adjust my position quite yet. If we go through 890-900 (mtgox) *with force*, and close below it, I'm starting to get worried. Well, not really, but I would consider the "continued bear market" scenario more likely again.

 your inputs are one of a few valuable to me at this thread, you make them logical and based on many factors (TA, the sentiment of the market, and news) when all combined they make sense, even when sometimes I don't totally agree with you but I always consider and respect the approach.  

[Richy_T]

Should really be from the time he made his proposal. He said in his PM he leaves work and can reply to us in around 8 hours.

It's not so much about "should" as having clear terms for the escrow provider.

[TheCoinBull]

Should really be from the time he made his proposal. He said in his PM he leaves work and can reply to us in around 8 hours.

It's not so much about "should" as having clear terms for the escrow provider.

How about clock starts rite now 48 hours from now it will 750 on Gox, just has to hit it once even if only for a sec.

[TheCoinBull]

Will takes all bets via escrow that I can send in about 8 hrs  or less depending on the roads considering huge snow storm just hit where im at currently working...

[TheCoinBull]

Cat will bounce all night.

[magicmexican]

Will takes all bets via escrow that I can send in about 8 hrs  or less depending on the roads considering huge snow storm just hit where im at currently working...

I will take 1 btc bet, i could deposit to a reasonable escrow right after you