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

[seleme]

Bulls, I love you..
I wasn't born as a bear.. When I visited the bitcoin market I was as bullish as one can be...! it's always more comfortable to be a person with a more positive outlook on things!
But.. guys, I'll be back on being a bull, just as soon you will finish this bearish market that needs to be finished... just end it at the price around 200$ and we can all recover and prosper!

Bear, we love you too. But no way son 

[ShroomsKit]

And there the silly sheep go again. Never ending story.

[TERA]

And there the silly sheep go again. Never ending story.

The sheep were the ones buying it up to 715.

[kkaspar]

Ol' Gil is not worried, even if he bought in at 700$600$.
Ol' Gil sees that the price is going down very slowly, so it's not dangerous at all! Soon there will be an upwards wave and Ol' Gil will finally catch his big break with his bitcoin investments!

[dgarcia]

And there the silly sheep go again. Never ending story.

The sheep were the ones buying it up to 715.

He's a bit dense.

Ignore and sheep are the two words he knows...

Bugstamp now requires 6 confirmations.

[Davyd05]

And there the silly sheep go again. Never ending story.

The sheep were the ones buying it up to 715.

He's a bit dense.

Ignore and sheep are the two words he knows...

Bugstamp now requires 6 confirmations.

think my exchange always required 6 cavirtex

[Yololintian]

no gox btc sells of 10 or more for 40 minutes

[kkaspar]

Guys, I think that this is it for today.. I'll transfer my 0,22 BTC back to stamp to accept my calculated loss.. I have drank all of the vodka and it was all good!

I'll leave you with this great song:
http://www.youtube.com/watch?v=YgefTK4OLMw
.. and hope that you wont be all offended and bitter if the price will drop down to 200$ in the coming weeks.

Power to the people!

[medialab101]

no gox btc sells of 10 or more for 40 minutes

New fiat is probably just showing up on Gox now to take advantage of the fire-sale. Should be back in a reasonable range in a few days time. Especially if there is any indication that withdrawals will resume.

[pjviitas]

So where is the bottom in this market?

I get the funny feeling it won't be until GOX dies

[billyjoeallen]

So where is the bottom in this market?

I get the funny feeling it won't be until GOX dies

The bottom is in. The lows from here on out will be higher than previous lows, but we're not going up substantially either. Not for a while unless something major happens.

[DaRude]

no gox btc sells of 10 or more for 40 minutes

New fiat is probably just showing up on Gox now to take advantage of the fire-sale. Should be back in a reasonable range in a few days time. Especially if there is any indication that withdrawals will resume.

On Saturday?

[pjviitas]

So where is the bottom in this market?

I get the funny feeling it won't be until GOX dies

The bottom is in. The lows from here on out will be higher than previous lows, but we're not going up substantially either. Not for a while unless something major happens.

so do you actually think gox is going to survive this?

[OldGeek]

What?  MtSux not dead yet.    Crazy damn market.

[ChartBuddy]

Explanation

[Mythul]

It's funny that sometimes people forget the fact that BTC is at least a small breakthrough in computer science and the fact that it is still here 5 years later and survived the "Internet" is a miracle.

You know actually BTC is an useful technology with many applications, not just some random numbers that you like to trade vs other speculators.

[billyjoeallen]

So where is the bottom in this market?

I get the funny feeling it won't be until GOX dies

The bottom is in. The lows from here on out will be higher than previous lows, but we're not going up substantially either. Not for a while unless something major happens.

so do you actually think gox is going to survive this?

For Bitcoin, it doesn't matter. I suspect they will limp along, continuing to lose market share until they either are forced to close or become so irrelevant that people stop asking questions like that. But they could come back from the dead again. I've seen it happen several times before.

What matters is that Gox is priced in. If your coins and fiat are on other exchanges, it'll be a slow uneven road back to new all time highs in a few months, not matter what happens with Gox. Gox cannot do much more harm than it already has, but it could help.

[pjviitas]

So where is the bottom in this market?

I get the funny feeling it won't be until GOX dies

The bottom is in. The lows from here on out will be higher than previous lows, but we're not going up substantially either. Not for a while unless something major happens.

so do you actually think gox is going to survive this?

I just finished skimming over some of the news feeds on Bitcoin and I can't see this market bottoming out for awile yet.

It's like the whole world hates Bitcoin right now...we very well may see double digit bitcoins again.

[giletto]

So where is the bottom in this market?

I get the funny feeling it won't be until GOX dies

The bottom is in. The lows from here on out will be higher than previous lows, but we're not going up substantially either. Not for a while unless something major happens.

so do you actually think gox is going to survive this?

I just finished skimming over some of the news feeds on Bitcoin and I can't see this market bottoming out for awile yet.

It's like the whole world hates Bitcoin right now...we very well may see double digit bitcoins again.

Its a bit to dramatic. The whole world hate Bitcoin? Dafuq?

And we are far, far away from 2 digit Coins anymore...

[billyjoeallen]

An almost perfect example of a cup and handle formation on the bitstamp 3 minute chart!