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

[adamstgBit]

300$ a coin



tell me more...

[1714571123]

1714571123

[1714571123]

1714571123

[fonzie]

It´s OK to talk about 10000 but 300 is ridiculous?

[empowering]

[empowering]

It´s OK to talk about 10000 but 300 is ridiculous?

No $300 not ridiculous as such, but where are you going with this is $0 your mid term target?

[shmadz]

It has constantly amazed me how people have continued to use Gox over these last 6+ months when exchanges like Bitfinex and Bitstamp have provided lower fees, better service and WITHDRAWALS.

I would assume in a rational world that these current circumstances, whether Gox dies or not, will wake people up to the idioticy of trading on Gox. I can't, however, assume that the bitcoin world is a rational world. It's not.

But I do think that little by little every last moron will get the message and get out of there and on to some place else.

Meanwhile I will continue to look forward to the day where we have a professional, licensed and regulated exchange in New York.

I also look forward to this day. Not just in New York, but in every major city in the world.

Here's a nice start on some best practices for running a bitcoin exchange.



https://www.cavirtex.com/faq




(Please note: understanding the regulations in your country is pivotal on whether or not you can operate a bitcoin exchange without being put in a cage.)

[windjc]

It´s OK to talk about 10000 but 300 is ridiculous?

No $300 not ridiculous as such, but where are you going with this is $0 your mid term target?

$300 is ridiculous. Its below the 200 daily SMA. We haven't been under that since 2011, when there was zero eco-system.

[empowering]

It´s OK to talk about 10000 but 300 is ridiculous?

No $300 not ridiculous as such, but where are you going with this is $0 your mid term target?

$300 is ridiculous. Its below the 200 daily SMA. We haven't been under that since 2011, when there was zero eco-system.

Yeah $300 was a figure he has pulled out of a hat... but I am not aruging the figure even..I just fancy a laugh and want to see where Fonzie thinks this iss going... so $300 within what
a month or two? and then where? please do explain your longterm outlook and fundamental reasons you are uber bear

Careful

[windjc]

It´s OK to talk about 10000 but 300 is ridiculous?

No $300 not ridiculous as such, but where are you going with this is $0 your mid term target?

$300 is ridiculous. Its below the 200 daily SMA. We haven't been under that since 2011, when there was zero eco-system.

Yeah $300 was a figure he has pulled out of a hat... but I am not aruging the figure even..I just fancy a laugh and want to see where Fonzie thinks this iss going... so $300 within what
a month or two? and then where? please do explain your longterm outlook and fundamental reasons you are uber bear

Careful

Fonzie wants it to go as low as he has his buy orders set. He sold, so he is a bear in personal greed only. He doesn't really give a shit about anything else.

He will be right back to being bullish as soon as his orders are filled. If they are not, then he will eventually sliver off into oblivion like the 1000s of other posts just like him have done over the years.

[dgarcia]

We are going into oversold mode. Maybe time for a dumping-break.

[empowering]

It´s OK to talk about 10000 but 300 is ridiculous?

No $300 not ridiculous as such, but where are you going with this is $0 your mid term target?

$300 is ridiculous. Its below the 200 daily SMA. We haven't been under that since 2011, when there was zero eco-system.

Yeah $300 was a figure he has pulled out of a hat... but I am not aruging the figure even..I just fancy a laugh and want to see where Fonzie thinks this iss going... so $300 within what
a month or two? and then where? please do explain your longterm outlook and fundamental reasons you are uber bear

Careful

Fonzie wants it to go as low as he has his buy orders set. He sold, so he is a bear in personal greed only. He doesn't really give a shit about anything else.

He will be right back to being bullish as soon as his orders are filled. If they are not, then he will eventually sliver off into oblivion like the 1000s of other posts just like him have done over the years.

That answer is not as much fun as what Fonzie will give us?  I was hoping for more than that, a sound reason to be a bear in this market, a real perma uber bear...


 

[fonzie]

I see a chance that it drops to 250-350$ for a few days or weeks, after that it might stabilize around 400-500$ for a few months.
Long term predictions are hard to make with BTC, depends on the enviroment, but i don´t believe that we´re goin to new ATH any time soon(if it ever should happen).
After i have closed my shorts, i might buy 20-30 if the price seems solid and just hold for a year. But it isn´t urgent to me to have a position in BTC for the next time.

Party´s over.

[polyclef]

Take a look at the volume of buys vs sells, this looks like big money trying to pick up cheap coins.

http://www.businessinsider.com/the-richard-wyckoff-stock-trading-method-2013-2?op=1

http://imgur.com/dd06XeE

[fotosonics]

1 month steady decline. Next time we get to a $810 I am getting off this confused train. It is a dark time for the Republic.

[Nicholas-Carraway]

I'm no TA expert, but it appears that we're right at what they often call a bouble dottom.

[LightRider]

Thank $DIETY! I've been waiting for some coin to go on sale!

[pjviitas]

Thank $DIETY! I've been waiting for some coin to go on sale!

damn...I wish I had some fiat

[empowering]

I see a chance that it drops to 250-350$ for a few days or weeks, after that it might stabilize around 400-500$ for a few months.
Long term predictions are hard to make with BTC, depends on the enviroment, but i don´t believe that we´re goin to new ATH any time soon(if it ever should happen).
After i have closed my shorts, i might buy 20-30 if the price seems solid and just hold for a year. But it isn´t urgent to me to have a position in BTC for the next time.

ok may I ask your reasons? $250 -$250 why there ? why not $150 $200, an then why $400 and $500 ? and why will it stabalize there what will have changed?
so you do not have a long term view of where Bitcoin is going? do you think it can survive if it does not continue to grow ? I mean do you think this is a binary outcome as I do ? so surely if you think it is not going anywhere then you must think it is going to zero within say 5 years... do you?  what negative fundamentals do you see in this current market, that will stil be a probelm in say 12 months? Why do you not think we will not hit an all time high? and by soon?   and also what do you see happening to the adoption rates and network effect that is playing out? not to mention the  momentum being built up by investors and entrepreneurs and their hard cash, and what of the growing public awareness and growing eco system, what makes you think the network effect will stop? what makes you think adoption will slow?  do you think the tech will break? or it will get banned? or do you think that people will just get bored of it? what do you think?

I guess I just want to be close to you Fonz, to know the man behind the memes...and the fud.


PS - with these fundamentals as known at present- the party is far from over Fonzie... people just tell you that to make you go home ; )   
The party has just started... and if we do it $350 again I am partying like its the 90's and I am the wolf of wall street

[JorgeStolfi]

Gox and Stamp $20 apart?

Mt.GOX and Bitstamp got together for a week around November 25, 2013, during the big rally; and for a couple of days around December 7, during the crash. 

Perhaps the person or robot in charge of setting the "GOX price" just can't keep up with fast price changes, and lets the market (even if largely locked to MtGOX) do its thing.

Or perhaps they just can't handle all the people who would flee from other exchanges to MtGOX during a crash if they kept the 20% markup, so they temporarily turn it off.
 

[adamstgBit]

ok now its time to panic.

everyone panic!

[BitChick]

Take a look at the volume of buys vs sells, this looks like big money trying to pick up cheap coins.

http://www.businessinsider.com/the-richard-wyckoff-stock-trading-method-2013-2?op=1

http://imgur.com/dd06XeE

Thanks Newbie.   Sometimes the Newbies are the smart ones!

Let's say that there is some insider information? For instance, Second Market has had two crazy days of buys (apparently off the exchanges) with over 6000 Bitcoins purchased.  This is a bit unusual for them.  Maybe they know something? I don't have any insider info.  I can only go on what I see happening around me.

I really do believe that the whales are manipulating the market to try to get a nice shake out of weak hands before another skyrocket in price.  

I for one am a hodler.  I have not regretted it yet and I have a feeling I won't tomorrow either.

At some point I will sell.  Then I might play the game a bit and buy back here and there as the market fluctuates but right now I want to keep my coins secure.  It is actually a safer thing to do.

Edit:  At some point I will sell a coin or two but never all.   I have to hold at least one for the long haul.  We really don't know how far this will go do we?