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

[dgarcia]

[...]
Good. I want it to take a longer time to reach an ATH. Because I am jobless with almost nothing. So, I can't drop a few thousand and pick up 10 or 100 coins. At these prices I can buy like 2 BTC - at lower prices I can triple that. Its a huge difference for me.

Case 1 dip to 200:   you get 10 BTC

Case 2 no dip, buy at 4000, you get 0.5 BTC

Will there be a dip to 200 ?
Will price go to 4000 without any dip large enough to tempt you?

Or

Case 3 buy now you get 2 BTC sure thing.

You are drawing extremities. Why should he buy at 4000$ or at 200,00$. There are more moderate prices...

...or is it so, making a cup of coffee, coming back, and the price will have reached 4000$ or 200$?

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[aminorex]

I really don´t understand why not everyone mortgages everything and quit their jobs,

I did, but I like my job.  Also it pays 300k/an, so I can buy more coins.

[billyjoeallen]

Pretty quiet out there.  Bulls and bears waiting for the other to move so as to catch opponents off balance.  Mexican standoff=merchants win=Bitcoin win!

[virtualfaqs]

I don't get it. Where's Willy getting his USD? The first time around he used $10 million. He's not selling back the BTC or the gap wouldn't have increased to $30. He'd have to be an idiot to deposit USD into his account. The only explanation is he has $10 million + USD in his account. That's ridiculous. 

[Erdogan]

[...]
Good. I want it to take a longer time to reach an ATH. Because I am jobless with almost nothing. So, I can't drop a few thousand and pick up 10 or 100 coins. At these prices I can buy like 2 BTC - at lower prices I can triple that. Its a huge difference for me.

Case 1 dip to 200:   you get 10 BTC

Case 2 no dip, buy at 4000, you get 0.5 BTC

Will there be a dip to 200 ?
Will price go to 4000 without any dip large enough to tempt you?

Or

Case 3 buy now you get 2 BTC sure thing.

You are drawing extremities. Why should he buy at 4000$ or at 200,00$. There are more moderate prices...

...or is it so, making a cup of coffee, coming back, and the price will have reached 4000$ or 200$?

You have to decide where to buy. Would you buy at 800? 900? 920? Or, in case there is no dip, would you buy at 2000, 4000 or 10000? Rereading, I see you talked about triple. Would you buy at 320? Or would you wait until 310?. To be in that position is nerve itching.

[Adrian-x]

Pretty quiet out there.  Bulls and bears waiting for the other to move so as to catch opponents off balance.  Mexican standoff=merchants win=Bitcoin win!

I guess everyone will start playing dogecoin again.

[tHash]

I don't get it. Where's Willy getting his USD? The first time around he used $10 million. He's not selling back the BTC or the gap wouldn't have increased to $30. He'd have to be an idiot to deposit USD into his account. The only explanation is he has $10 million + USD in his account. That's ridiculous. 

Why so ridiculous?   Someone on Gox sold 10k at once at about $1200.   $12 mil.

The dump failed, as enough ask depth was never built at the lower prices, and only in this market at this price is he able to buy back those 10k+ bitcoins without too much slippage.   When he is done, the pump starts.   I have a feeling that it will be much more successful than the dump.  Oh, and thank you bears for giving him the opportunity     You have just handed him the power to do it all over again.

Why do unintelligent people seem to always be willing hand their wealth to others?

[billyjoeallen]

I don't get it. Where's Willy getting his USD? The first time around he used $10 million. He's not selling back the BTC or the gap wouldn't have increased to $30. He'd have to be an idiot to deposit USD into his account. The only explanation is he has $10 million + USD in his account. That's ridiculous. 

What's so ridiculous? Maybe an early adopter sold ~10,000 coins  at about ~1,000/BTC in a dark pool order, discovered his money was trapped, and now is painfully taking the only exit left. It's possible.

[pungopete468]

It's simple...

Somebody with a lot of fiat decided that they would buy everything below a certain value regardless of the volume...

The elusive hidden Bull-Whale.

I would bet they plan to hold and simply use it as a currency in a few years; otherwise it wouldn't make sense to support the market like this. They're stabilizing the market because it will help to speed up the whole adoption process and build credibility that draws in more big players.

[billyjoeallen]

Public service Announcement: Today's panic sell-off has been canceled due to lack of interest. Tomorrow's panic buy will continue as scheduled. Thank you. That is all.

[DaRude]

Are we to $40,000 yet?

No too early wait till everyone goes to sleep.

[Sitarow]

Are we to $40,000 yet?

Patience young space traveler. All in due time.

[BitcoinAshley]

Almighty Gox shoots back up to 0.950 (oops sorry, $950) right before I hit the hay... wut the eff.

[Phinnaeus Gage]

Pretty quiet out there.  Bulls and bears waiting for the other to move so as to catch opponents off balance.  Mexican standoff=merchants win=Bitcoin win!

Great idea! Mexican Standoff Coin (MSC).

[Phinnaeus Gage]

Public service Announcement: Today's panic sell-off has been canceled due to lack of interest. Tomorrow's panic buy will continue as scheduled. Thank you. That is all.

Is that you, Radar?

[billyjoeallen]

Pretty quiet out there.  Bulls and bears waiting for the other to move so as to catch opponents off balance.  Mexican standoff=merchants win=Bitcoin win!

Great idea! Mexican Standoff Coin (MSC).

Hmmmm. No panic sellers. Who's gonna be the first bear to capitulate, close his short position and cut his loss. He'll be smarter than the average bear.

[ShroomsKit]

Bitcoin you are crazzy, $950 again?

4th week in a row that we sit on that $900 range consolidating, i'm not excited at all.

What's next, a monday/tuesday dip again? /yawn  

970ish and then omg panic!! Of course.

[ShroomsKit]

How is waiting for the crash and burn working out for you cheap coiners?
I think it's pretty clear now that one of these days the rally won't stop and we'll be above 1100 before you even realize what's happening.
Will you repeat your crash and burn mantra or finally buy in at 1100?

[billyjoeallen]

Wow, somebody sold a few billion dollars woth of Stocks today. What do you think they'll going to do with alllll those profits? let 'em sit in depreciating fiat? Hey, didn't that bitcoin center just open up on Wall Street?

[ChartBuddy]

Explanation