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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26373565 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
surfer43
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February 13, 2014, 08:51:19 AM
 #87101

How about btc-e.com being down. Is that a good reason to PANIC!
My bitcoin is stuck. I would be profiting right now  Cry
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February 13, 2014, 08:51:26 AM
 #87102

I enjoyed the Btc-e crash. Only wish I would have kept money aside for 100$. Bought in at $400.

At what point do people like you stop enjoying Bitcoin going down? 300? 100? 50?

1$

Btc-e down. Time to panic Grin
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February 13, 2014, 08:52:18 AM
 #87103

Wonder if we'll see a $200 difference between stamp and gox.
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February 13, 2014, 08:52:57 AM
 #87104

What's today's reason for the sheep to panic btw?

Fear?  Insecurity?  Who knows.

So nothing really. As most of the times. Panic selling because there might be panic selling.
Really at which point is this gonna stop? How is it gonna stop? When we reach the bottom? Is everybody happy then?

Can't these people really not understand the simple concept that what they are doing is exactly the reason why their coins lose value? And that is exactly what they fear? How silly can it get?
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February 13, 2014, 08:53:51 AM
 #87105

What's today's reason for the sheep to panic btw?

Fear?  Insecurity?  Who knows.

So nothing really. As most of the times. Panic selling because there might be panic selling.
Really at which point is this gonna stop? How is it gonna stop? When we reach the bottom? Is everybody happy then?

Nobody is ever happy. Greed has no limits.
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February 13, 2014, 08:54:36 AM
 #87106

What's today's reason for the sheep to panic btw?

Fear?  Insecurity?  Who knows.

So nothing really. As most of the times. Panic selling because there might be panic selling.
Really at which point is this gonna stop? How is it gonna stop? When we reach the bottom? Is everybody happy then?

the best idea purported was that fiat is easier to make claim to in lawsuits Cheesy

however all it really does spring load a gun if the withdrawal of btc system becomes an option..as it will work better then fiat channels
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February 13, 2014, 08:54:50 AM
 #87107

What's today's reason for the sheep to panic btw?

Fear?  Insecurity?  Who knows.

So nothing really. As most of the times. Panic selling because there might be panic selling.
Really at which point is this gonna stop? How is it gonna stop? When we reach the bottom? Is everybody happy then?
I would be happy if I had the BTC to short  Cry
blockchain-reaction.com has my BTC due to the transaction malleability  Sad
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February 13, 2014, 08:57:01 AM
 #87108

So nothing really. As most of the times. Panic selling because there might be panic selling.
Really at which point is this gonna stop? How is it gonna stop? When we reach the bottom? Is everybody happy then?

Can't these people really not understand the simple concept that what they are doing is exactly the reason why their coins lose value? And that is exactly what they fear? How silly can it get?

You've been through this before, Shrooms.  You know this is only temporary.
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February 13, 2014, 08:57:10 AM
 #87109

What's today's reason for the sheep to panic btw?

Gox.  The only way out of emptyGox now is that SOME people can get fiat out, so they are running for the only exit. Same reason the price was so high when most could only get BTC out. The other exchanges are just following.  
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February 13, 2014, 08:59:23 AM
 #87110

Every time Karpeles talks goxBTC crashes  Grin

http://www.forbes.com/sites/leoking/2014/02/13/mt-gox-ceo-mark-karpeles-responds-to-widespread-bitcoin-criticism/
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February 13, 2014, 08:59:44 AM
 #87111

Fear! The air is ripe with it!

(yes, I am enjoying this. You can see some of those in here who are laughing at panic sellers are themselves starting to panic.)
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February 13, 2014, 09:00:40 AM
 #87112

btc-e down again  Wink
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February 13, 2014, 09:00:57 AM
 #87113

What's today's reason for the sheep to panic btw?

Fear?  Insecurity?  Who knows.

So nothing really. As most of the times. Panic selling because there might be panic selling.
Really at which point is this gonna stop? How is it gonna stop? When we reach the bottom? Is everybody happy then?

Can't these people really not understand the simple concept that what they are doing is exactly the reason why their coins lose value? And that is exactly what they fear? How silly can it get?

It will stop at some psychological level, when the buyers says that this is "good enough price for me" and start buying, at which point the trend will turn.
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February 13, 2014, 09:01:30 AM
 #87114

Fear! The air is ripe with it!

(yes, I am enjoying this. You can see some of those in here who are laughing at panic sellers are themselves starting to panic.)
It is called the greater fool  Smiley
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February 13, 2014, 09:02:38 AM
 #87115

What's today's reason for the sheep to panic btw?

Fear?  Insecurity?  Who knows.

So nothing really. As most of the times. Panic selling because there might be panic selling.
Really at which point is this gonna stop? How is it gonna stop? When we reach the bottom? Is everybody happy then?

Can't these people really not understand the simple concept that what they are doing is exactly the reason why their coins lose value? And that is exactly what they fear? How silly can it get?

It will stop at some psychological level, when the buyers says that this is "good enough price for me" and start buying, at which point the trend will turn.
hmm.... the best psychological level is 1 USD or 1 RUR or 1 fiat money  Smiley
I will buy then, I promise  Smiley
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February 13, 2014, 09:03:32 AM
 #87116

So nothing really. As most of the times. Panic selling because there might be panic selling.
Really at which point is this gonna stop? How is it gonna stop? When we reach the bottom? Is everybody happy then?

Can't these people really not understand the simple concept that what they are doing is exactly the reason why their coins lose value? And that is exactly what they fear? How silly can it get?

You've been through this before, Shrooms.  You know this is only temporary.

I know but it feels different this time. Mainly because people don't care about good news anymore. Which was the reason we always went up before. They completely ignore that now. The only thing on their mins since jan 1 is sell sell sell.
I don't think we've had this happen before.
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February 13, 2014, 09:05:33 AM
 #87117

People panic sell because they know every time there is panic the price plummets and they buy more  Roll Eyes. They also want to redistribute the wealth  Cool
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February 13, 2014, 09:05:42 AM
 #87118

Fear! The air is ripe with it!

(yes, I am enjoying this. You can see some of those in here who are laughing at panic sellers are themselves starting to panic.)

If you are talking to me, i don't trade so i don't panic. Even if it goes to 0 i can't even lose money anymore.
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February 13, 2014, 09:07:04 AM
 #87119

Dunno, will be interesting to see if malleability fix has a strong enough reaction to reverse direction for some time.
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February 13, 2014, 09:07:39 AM
 #87120


I know but it feels different this time. Mainly because people don't care about good news anymore. Which was the reason we always went up before. They completely ignore that now. The only thing on their mins since jan 1 is sell sell sell.
I don't think we've had this happen before.

Could be that a great majority of the newcomers were expecting great gains in short time periods.
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