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

[keewee]

Uh oh, Stamp and BTC-e look like they're turning down

[600watt]

Howeve, if the "oldest and most prestigious" exchange fails, it will probably be all over the mainstream news media, and will scare more potential investors away from bitcoin.  Since I believe that bitcoin is a terrible investment, I think that will be a good thing; but it will depress the price even further over the next few weeks.

So cheerful I love it.  

bitcoins investment performance last 24 months: + 12719.14%

last 6 months: + 485.37%

get real.


edit:
last 6 months: + 485.37%

all stamp, source bitcoinity

[HairyMaclairy]

Ok I bought at 646.  Time to go up.  Lets see if I get plastered on this one 

Well that didn't go so well.  Wasn't watching the market the last hour or so then looked at the screen, got a surprise and got straight back off again at 646.  

Lol.  Thank god it's BFX so the fees are tiny.

You are in the wrong mindset. In a year's time it won't matter if you got on at 646, 570, 720, or even 850. It'll all look almost the same. Get on whenever you have fiat.

Take it from my experience, if you try to get on and off looking for the lowest price, you'll either be left behind when the next upward correction starts, or will slowly bleed away on fees.

Don't worry.  I have cold storage. I don't trade those.  

[iarsenaux]

it was the same yesterday, on some point the bot will STOP and price go up to 500 again.


all sheeps who sell now are rly iditos.

Gox is actually doing its best to be a better exchange site. So i agree on this.

[dreamspark]

Ok I bought at 646.  Time to go up.  Lets see if I get plastered on this one 

Well that didn't go so well.  Wasn't watching the market the last hour or so then looked at the screen, got a surprise and got straight back off again at 646.  

Lol.  Thank god it's BFX so the fees are tiny.

You are in the wrong mindset. In a year's time it won't matter if you got on at 646, 570, 720, or even 850. It'll all look almost the same. Get on whenever you have fiat.

Take it from my experience, if you try to get on and off looking for the lowest price, you'll either be left behind when the next upward correction starts, or will slowly bleed away on fees.

I really dont understand why people say this... of course it mattes at what price you buy in at unless you dollar cost average.

Say I have 10k to invest if I buy in at 646 I get 15.4BTC.
If I buy in at 850 I get 11.7

If BTC gets to a conservative 10k each then in the first case I have 154k and in the second case I have 117k. Quite a difference!!

It stays the same as well for every factor you go up.

[isov]

Howeve, if the "oldest and most prestigious" exchange fails, it will probably be all over the mainstream news media, and will scare more potential investors away from bitcoin.  Since I believe that bitcoin is a terrible investment, I think that will be a good thing; but it will depress the price even further over the next few weeks.

So cheerful I love it.  

bitcoins investment performance last 24 months: + 12719.14%

get real.

Hahahhah nice one Seems like some positive green volume on stamp! Maybe the lows are getting lower and we're starting to sail on calmer waters:)

[HairyMaclairy]

345 to 325 to 367 inside one minute. Gox is awesome.

[AmazonStuff]

Exchanges are going up again... including Gox

[hd060053]

the problem is:

sheep sellers on gox are idiots because the sell-bot will stop at some point and price shoots back up in seconds.

buyers are idiots too, because the bot is selling anyway into their walls.




I am just hodling in this situation.

[schizoid]

This Gox premium is ridiculous. Gox coins are trading for $350 more than they're worth.

[ChartBuddy]

Explanation

[AmazonStuff]

I think that Gox whale is done. we are going back to $450

[ShroomsKit]

Must suck for all those idiots to sell at 310 and then panic buy back in at 350. And the funny thing is they will do it again. And again.

[Davyd05]

Gox wants to break out, but keeps getting slammed by +100 BTC sells, lol.

there people must be really cheesed, and scared. Think about it, first to announce the problem last to fix it lol.

[Davyd05]

Must suck for all those idiots to sell at 310 and then panic buy back in at 350. And the funny thing is they will do it again. And again.

imagine there just super old stop losses, get triggered lol

[HairyMaclairy]

Gox wants to break out, but keeps getting slammed by +100 BTC sells, lol.

there people must be really cheesed, and scared. Think about it, first to announce the problem last to fix it lol.

Stopping USD, SEPA and JPY withdrawals wasn't enough of a hint I guess.  

[hd060053]

Gox wants to break out, but keeps getting slammed by +100 BTC sells, lol.

there people must be really cheesed, and scared. Think about it, first to announce the problem last to fix it lol.

Stopping USD, SEPA and JPY withdrawals wasn't enough of a hint I guess.  

SEPA was not stopped.

[Davyd05]

Gox wants to break out, but keeps getting slammed by +100 BTC sells, lol.

there people must be really cheesed, and scared. Think about it, first to announce the problem last to fix it lol.

Stopping USD, SEPA and JPY withdrawals wasn't enough of a hint I guess.  

SEPA was not stopped.

it just hinders the amount of fiat they can move, I am sure they're still in litigation over the seized us accounts

[tonyq]

Gox wants to break out, but keeps getting slammed by +100 BTC sells, lol.

there people must be really cheesed, and scared. Think about it, first to announce the problem last to fix it lol.

Stopping USD, SEPA and JPY withdrawals wasn't enough of a hint I guess.  

SEPA was not stopped.

I spent THREE MONTHS trying to get my fiat out of poxy Gox through SEPA and gave up in the end, had the cash returned to my account and bought bitcoin (at a 20% loss), which I then withdrew,  in order to get out of the place.
 Just in time too.

[Davyd05]

according to reddit they're implementing the fixes as we speak...however btc withdrawal won't be re-activated right away, next update monday.