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

[billyjoeallen]

We need pics of falling knives and trains of fire pls k thnx.

Catching falling knives is my specialty. If it falls more, I'll buy more. I'll hand you that knife on the way back up ;-)

[Nightowlace]

[OldGeek]

Attention plz.  The current flash crash has been cancelled due to lack of interest.  Back to work, you  clods.

Steady as she goes, skipper.

[Nightowlace]

All Aboard

[billyjoeallen]

We need pics of falling knives and trains of fire pls k thnx.

Catching falling knives is my specialty. If it falls more, I'll buy more. I'll hand you that knife on the way back up ;-)

Son, I waited 18 months for it to go back up once. This ain't my first rodeo.

[insuranceguy]

If you're cryin ima be buyin!

[billyjoeallen]

Attention plz.  The current flash crash has been cancelled due to lack of interest.  Back to work, you  clods.

Steady as she goes, skipper.

too soon, Junior! Massive dump at stamp.

[gog1]

pretty sure someone mentioned it - but I think the wide adoption of bitcoin temporarily put a cap on the price as these retailers just simply dump the bitcoin via the likes of bitpay.  People who don`t have bitcoin will still pay with traditional method when shopping at tigerdirect, overstock, etc - they will not go buy bitcoin just to pay with bitcoin.  I can only see how users of porn site or online casino may want to buy bitcoin to complete the transaction.

[shmadz]

pretty sure someone mentioned it - but I think the wide adoption of bitcoin temporarily put a cap on the price as these retailers just simply dump the bitcoin via the likes of bitpay.  People who don`t have bitcoin will still pay with traditional method when shopping at tigerdirect, overstock, etc - they will not go buy bitcoin just to pay with bitcoin.  I can only see how users of porn site or online casino may want to buy bitcoin to complete the transaction.

You're still thinking short-term.

[HairyMaclairy]

pretty sure someone mentioned it - but I think the wide adoption of bitcoin temporarily put a cap on the price as these retailers just simply dump the bitcoin via the likes of bitpay.  People who don`t have bitcoin will still pay with traditional method when shopping at tigerdirect, overstock, etc - they will not go buy bitcoin just to pay with bitcoin.  I can only see how users of porn site or online casino may want to buy bitcoin to complete the transaction.

Absolutely.  Single digit coins tomorrow.

[seleme]

I sodl 
Need to buy in again, is 750 out of the question for this panic drop?

$765 will be the next real support and I see nothing to prevent BTC testing that now. This drop has been far too violent already after an extensive period of stagnation to simply peter out and trend.

If $765 falls, then forget $750 and start looking at low $700s.

Yeah, it was extremely violent 15$ drop, there is blood everywhere, lol

[gog1]

pretty sure someone mentioned it - but I think the wide adoption of bitcoin temporarily put a cap on the price as these retailers just simply dump the bitcoin via the likes of bitpay.  People who don`t have bitcoin will still pay with traditional method when shopping at tigerdirect, overstock, etc - they will not go buy bitcoin just to pay with bitcoin.  I can only see how users of porn site or online casino may want to buy bitcoin to complete the transaction.

You're still thinking short-term.

As I stated, `temporarily.

The Friday dump seems to become a Thursday occurrence for the past 3 weeks.

[OldGeek]

Attention plz.  The current flash crash has been cancelled due to lack of interest.  Back to work, you  clods.

Steady as she goes, skipper.

too soon, Junior! Massive dump at stamp.

A guy can try, right?

[MatTheCat]

Yeah, it was extremely violent 15$ drop, there is blood everywhere, lol

I shorted 30 BTC this evening at $815 and have seen the price at $780. I would rather say that is a bit more than $15 in a very short space of time.

Huobi, whose market action has busted the algorithms of the bots on the USD exchanges, has seen a much more violent drop....

......and if u think this is over, I fear that you are in for a bit of an unpleasant surprise.

[billyjoeallen]

Attention plz.  The current flash crash has been cancelled due to lack of interest.  Back to work, you  clods.

Steady as she goes, skipper.

too soon, Junior! Massive dump at stamp.

A guy can try, right?

The thing about eating a Chinese bear...an hour later you're hungry again  

[virtualfaqs]

What is wrong with BTC China?

Edit: Oh there we go. Must be refreshing late.

Still at 4814 though.

[seleme]

Yeah, it was extremely violent 15$ drop, there is blood everywhere, lol

I shorted 30 BTC this evening at $815 and have seen the price at $780. I would rather say that is a bit more than $15 in a very short space of time.

Huobi, whose market action has busted the algorithms of the bots on the USD exchanges, has seen a much more violent drop....

......and if u think this is over, I fear that you are in for a bit of an unpleasant surprise.

15-20$ was the main drop, the other was bleeding in last 48 hours or so.

But violent? lol, it was barely worth to trade so far though my bots bought at 795 after selling at 830 2-3 days ago. 10-15 coins only though. There is nothing violent in 3-4% price movement in Bitcoin, that's and more normal daily routine.

[Vigil]

[The thing about eating a Chinese bear...an hour later you're hungry again  

Got a fortune one time that said: "You will be hungry again in one hour."

[dgarcia]

Could it be, that there is coming a new china crisis to bitcoin caused by the boodle scandal in china?

Maybe the chinese government now....


...hmmm. I dont't know.

[Vigil]

This sell-off is bullish.