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

[Ivanhoe]

Too much bears, time to buy.

[Odalv]

Choo Choo :-)

[ChartBuddy]

Explanation

[windjc]

Too much bears, time to buy.

No, its got to get worse before it gets better. I think the next 60-90 days are going to be a bear fest.  Let them eat.

What's coming after will silence the bears once and for all.

At $1000 they can yell bubble. At 10x that price + regulatory guidelines + professional exchanges + media acceptance or its benefits = they will look like fools. But for now, let them eat.

[JorgeStolfi]

Huobi's price and volume since 2014/Jan/28, from http://bitcoinwisdom.com:



Times are Local China Time (UTC + 9:00).

[UnDerDoG81]

I have no good feeling about these ~700´s... I bought @680 yesterday but am not sure if I should hodl. Normally the price would be only down for a short period but this time it is too stable at around 700... No good sign for me... Any ideas?

[fonzie]

Ask bitcoinsrus 

[medialab101]

I have no good feeling about these ~700´s... I bought @680 yesterday but am not sure if I should hodl. Normally the price would be only down for a short period but this time it is too stable at around 700... No good sign for me... Any ideas?

The market is just waiting for the Gox situation to become clear... then we gradually climb back up or we sink like a stone. Up is more likely in my opinion.

[Mythul]

I think the 690-700 floor is pretty solid on btc-e. It will be hard to break it.

Is the Gox-fud already priced in right ?

[fonzie]

Soundtrack for the upcoming days.

http://www.youtube.com/watch?v=7KsPZ1f7MDs

RAINING BLOOD

Trapped in purgatory
A lifeless object, alive
Awaiting reprisal
Death will be their acquisition

The sky is turning red
Return to power draws near
Fall into me, the sky's crimson tears
Abolish the rules made of stone


Pierced from below, souls of my treacherous past
Betrayed by many, now ornaments dripping above

Awaiting the hour of reprisal
Your time slips away

Raining blood
From a lacerated sky
Bleeding its horror
Creating my structure
Now I shall reign in blood!

[Blue]

yeah

BRAIN IN BLOOD

[Mythul]

Soundtrack for the upcoming days.

http://www.youtube.com/watch?v=7KsPZ1f7MDs

RAINING BLOOD

Trapped in purgatory
A lifeless object, alive
Awaiting reprisal
Death will be their acquisition

The sky is turning red
Return to power draws near
Fall into me, the sky's crimson tears
Abolish the rules made of stone


Pierced from below, souls of my treacherous past
Betrayed by many, now ornaments dripping above

Awaiting the hour of reprisal
Your time slips away

Raining blood
From a lacerated sky
Bleeding its horror
Creating my structure
Now I shall reign in blood!

fonzie don't you ever get tired of trolling the Speculation subforum ?

[MoreFun]

Don't quote him.

[fonzie]

fonzie don't you ever get tired of trolling the Speculation subforum ?

What is a "trolling"?

 

[medialab101]

I think the 690-700 floor is pretty solid on btc-e. It will be hard to break it.

Is the Gox-fud already priced in right ?

But we are still waiting on the outcome. Every day Gox isn't letting coins out the door is more downward pressure building up. And if the worst happened and they ended up shutting down... we would probably fall quite a bit more. Unlikely though I believe.

[fonzie]

My next step will be to create a second account and quote user "fonzie" all the time...

[UnDerDoG81]

When is the decision if gox will shut down or not? Monday?

[fonzie]

[medialab101]

When is the decision if gox will shut down or not? Monday?

They said they will let us know by Monday but implied it may take longer to straighten out.

[magicmexican]

Its funny how Gox went from being +100$ from other exchanges to being almost -100$