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

[empowering]

http://www.usatoday.com/story/tech/2014/01/27/bitcoin-dealers-charged-with-money-laundering/4941313/
Not trying to be a troll or fudster, but come on any one who can see a huge panic coming is in denial. USA today is already posting negitive articles in less than a few hours of story breaking. It took them two years to post something positive. Media will blow this out the water. People will panic. Especially Chinese as thing are easily skewed in translating to Chinese.

You must be new here... Read up on silk road.

Been trading BTC sense 2011. Bought of silk road once or twice. Dont see the correlation. People see a trusted bitcoin site/committee member arrested along with Russia fud. they get scarred. And dump. I believe in bitcoin understand prices will return. My point only is that their is going to be a rapid sell off soon, and I dont see how anyone can think not.

just a thought, but with the case we are discussing in mind... I am guessing it is saying things like "bought off silk road once" on a public forum is what gets people in to hot water.. you can use a throw away cash bought lap top, piggyback on a randoms wifi, use a virtual OS and run TOR on it, and do a blind drop blah blah blah and then at the end of it all, go and tell everyone that you have done it on the internet...
I am not saying this directly to you.. but it just highlights the issue with being annon on the internet... you are only as annon as you are careful...   (or as you need to be I guess...)

just a thought.

[Dragonkiller]

http://www.usatoday.com/story/tech/2014/01/27/bitcoin-dealers-charged-with-money-laundering/4941313/
Not trying to be a troll or fudster, but come on any one who can see a huge panic coming is in denial. USA today is already posting negitive articles in less than a few hours of story breaking. It took them two years to post something positive. Media will blow this out the water. People will panic. Especially Chinese as thing are easily skewed in translating to Chinese.

You must be new here... Read up on silk road.

Been trading BTC sense 2011. Bought of silk road once or twice. Dont see the correlation. People see a trusted bitcoin site/committee member arrested along with Russia fud. they get scarred. And dump. I believe in bitcoin understand prices will return. My point only is that their is going to be a rapid sell off soon, and I dont see how anyone can think not.

and why do you think we haven't already seen the sell-off? why do you think it takes the market 6+ hours to react to the fud?

[macsga]

Because things mature. BTC has its way either people panic or not.

[empowering]

http://www.usatoday.com/story/tech/2014/01/27/bitcoin-dealers-charged-with-money-laundering/4941313/
Not trying to be a troll or fudster, but come on any one who can see a huge panic coming is in denial. USA today is already posting negitive articles in less than a few hours of story breaking. It took them two years to post something positive. Media will blow this out the water. People will panic. Especially Chinese as thing are easily skewed in translating to Chinese.

You must be new here... Read up on silk road.

Been trading BTC sense 2011. Bought of silk road once or twice. Dont see the correlation. People see a trusted bitcoin site/committee member arrested along with Russia fud. they get scarred. And dump. I believe in bitcoin understand prices will return. My point only is that their is going to be a rapid sell off soon, and I dont see how anyone can think not.

and why do you think we haven't already seen the sell-off? why do you think it takes the market 6+ hours to react to the fud?

It is all the long term hodl BC'rs need to go and get their shovels and dig up their paper wallets from their stash 'oles before they can sell... takes a
long time to dig down 6 ft..  

[SantaMuerte]

http://www.usatoday.com/story/tech/2014/01/27/bitcoin-dealers-charged-with-money-laundering/4941313/
Not trying to be a troll or fudster, but come on any one who can see a huge panic coming is in denial. USA today is already posting negitive articles in less than a few hours of story breaking. It took them two years to post something positive. Media will blow this out the water. People will panic. Especially Chinese as thing are easily skewed in translating to Chinese.

You must be new here... Read up on silk road.

Been trading BTC sense 2011. Bought of silk road once or twice. Dont see the correlation. People see a trusted bitcoin site/committee member arrested along with Russia fud. they get scarred. And dump. I believe in bitcoin understand prices will return. My point only is that their is going to be a rapid sell off soon, and I dont see how anyone can think not.

and why do you think we haven't already seen the sell-off? why do you think it takes the market 6+ hours to react to the fud?

Ever heard of the word "timezones"?

[Dragonkiller]

http://www.usatoday.com/story/tech/2014/01/27/bitcoin-dealers-charged-with-money-laundering/4941313/
Not trying to be a troll or fudster, but come on any one who can see a huge panic coming is in denial. USA today is already posting negitive articles in less than a few hours of story breaking. It took them two years to post something positive. Media will blow this out the water. People will panic. Especially Chinese as thing are easily skewed in translating to Chinese.

You must be new here... Read up on silk road.

Been trading BTC sense 2011. Bought of silk road once or twice. Dont see the correlation. People see a trusted bitcoin site/committee member arrested along with Russia fud. they get scarred. And dump. I believe in bitcoin understand prices will return. My point only is that their is going to be a rapid sell off soon, and I dont see how anyone can think not.

and why do you think we haven't already seen the sell-off? why do you think it takes the market 6+ hours to react to the fud?

Ever heard of the word "timezones"?

yes but china is at $795, bitstamp is at $760. when china wakes up, they might sell-off to around $760 too.

[biafore]

http://www.usatoday.com/story/tech/2014/01/27/bitcoin-dealers-charged-with-money-laundering/4941313/
Not trying to be a troll or fudster, but come on any one who can see a huge panic coming is in denial. USA today is already posting negitive articles in less than a few hours of story breaking. It took them two years to post something positive. Media will blow this out the water. People will panic. Especially Chinese as thing are easily skewed in translating to Chinese.

You must be new here... Read up on silk road.

Been trading BTC sense 2011. Bought of silk road once or twice. Dont see the correlation. People see a trusted bitcoin site/committee member arrested along with Russia fud. they get scarred. And dump. I believe in bitcoin understand prices will return. My point only is that their is going to be a rapid sell off soon, and I dont see how anyone can think not.

and why do you think we haven't already seen the sell-off? why do you think it takes the market 6+ hours to react to the fud?

Ever heard of the word "timezones"?

yes but china is at $795, bitstamp is at $760. when china wakes up, they might sell-off to around $760 too.

No one knows how much the sell off will be. But do we all agree their will be a sell off coming soon. Only point I was getting at. And yes I bought off the silk road, I dont do drugs, and what I bought was not illegal, Im not to worried....

[mah87]

HOOOOOOOOLLLD BUY HIGH SELL LOW !

[empowering]

http://www.usatoday.com/story/tech/2014/01/27/bitcoin-dealers-charged-with-money-laundering/4941313/
Not trying to be a troll or fudster, but come on any one who can see a huge panic coming is in denial. USA today is already posting negitive articles in less than a few hours of story breaking. It took them two years to post something positive. Media will blow this out the water. People will panic. Especially Chinese as thing are easily skewed in translating to Chinese.

You must be new here... Read up on silk road.

Been trading BTC sense 2011. Bought of silk road once or twice. Dont see the correlation. People see a trusted bitcoin site/committee member arrested along with Russia fud. they get scarred. And dump. I believe in bitcoin understand prices will return. My point only is that their is going to be a rapid sell off soon, and I dont see how anyone can think not.

and why do you think we haven't already seen the sell-off? why do you think it takes the market 6+ hours to react to the fud?

Ever heard of the word "timezones"?

yes but china is at $795, bitstamp is at $760. when china wakes up, they might sell-off to around $760 too.

No one knows how much the sell off will be. But do we all agree their will be a sell off coming soon. Only point I was getting at. And yes I bought off the silk road, I dont do drugs, and what I bought was not illegal, Im not to worried....

Oh yeah..ermm I did not inhale either  ; )

I do not know.. I love Bitcoin, but at this point I have been looking at charts for too long... and right around now I would really like Bitcoin to receive a swift sharp kick to its bollocks..nothing serious, you know, just knock the wind out of it for a day or two, before it gets up all mad in time to kick Februarys face in, just in time for it to go much ape and show the world who the new playya around town is around June time...

We can all dream..

[biafore]

Sell on the beginning of a downward trend. Wait for bottom then buy back. Sell again a first sign of a downward trend. This is the first sign of a downward trend, and no I dont mean downward for all of 2014, could be a only a day or two, buy I am damn near %100 it will crash below 700 at least.

[JorgeStolfi]

China is beginning to get out of bed (7:15 am) and does not seem to be in a particularly good mood.

Meanwhile at Bitstamp and BTC-e, after a moment of irrational panic, traders calmed down, checked the news, thought it all over, and switched to a deliberate, methodical, coldly rational panic.

[Kerrai]

China is beginning to get out of bed (7:15 am) and does not seem to be in a particularly good mood.

Meanwhile at Bitstamp and BTC-e, after a moment of irrational panic, traders calmed down, checked the news, thought it all over, and switched to a deliberate, methodical, coldly rational panic.

It's 6:30 in China right now, not 7:30. China runs on Beijing standard time.

[T.Stuart]

Friendly word of warning to all you FUDsters out there. Don't believe your own shit so much that you end up missing the train! 

[hdbuck]

sell sell sell

edit: Al Bundy approved

[hmmmstrange]

Andreas Antonopoulos is going to be live on Joe Rogan Experience in 20 minutes. 3pm pacific

http://www.ustream.tv/joerogan

[biafore]

Money controls the world. Banks control the money. News/media is controlled by the banks aka money. Banks hate bitcoin and will use this fud to their advantage, which this time, wont be hard. Your average bitcoin owner/investor does not understand cryptography/ complex mathematics or block chains or any of the technical aspects, most haven never even read satoshis work. My point is people invest based on trusted members of the bitcoin community advice. The entire bitcoin committee rite now looks no better then the thugs who run wall st, thanks to this Sherm. It sucks. But people have a drug addicted bar tender running what used to be a very trusted bit instant. People thoughts are going to wonder as to what the rest of the owners of bitcoin related website have their hands in. Such as GOX, who can denie that GOX is a ticking time bomb

[aminorex]

stuffing my pockets

[virtualfaqs]

What's the word on the New York Hearings tomorrow? Is it supposed to be bearish or bullish?

[medialab101]

What's the word on the New York Hearings tomorrow? Is it supposed to be bearish or bullish?

Wondering the same thing.

[mellowyellow]

What's the word on the New York Hearings tomorrow? Is it supposed to be bearish or bullish?

Think it is supposed to be bullish, maybe will turn this around?