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

[Pruden]

Just wanted to thank stan.distortion here for escrowing the bet.  
We didn't do any m-of-n stuff, so he was free to do with the funds as he wanted, but delivered as promised.  
So yes, there are some decent folk involved with bitcoin, it ain't all scams and hacks  .

Yep, kudos to you both, comrades.

[fonzie]

Huge dark buy order on Finex. Has already eaten a few hundred coins.@512.66$
-> Great chance to sell without slippage 

[mah87]

Huge dark buy order on Finex. Has already eaten a few hundred coins.@512.66$
-> Great chance to sell without slippage 

Bitcoin is crashing to 400$ this is obvious, whatever they said bitcoin is doomed to fail

[tailor]

SUCH TRAIN!!!!1

MUCH MOON...
COMING SOON!!!!1

Finally, some more the of high quality analysis we've learned to demand on these forums.

[boumalo]

Huge dark buy order on Finex. Has already eaten a few hundred coins.@512.66$
-> Great chance to sell without slippage 

Bitcoin is crashing to 400$ this is obvious, whatever they said bitcoin is doomed to fail

What are you doing here losing your time on something that you think will fail? Trying to aware us??

It is not sure Bitcoin will get a lion share in the financial sector or in international transactions but when it will the price will be 4 digits in 2014 USD and probably 5digits in nominal terms

Until then it may go down more

[roslinpl]

My predictions from yesterday were kinda not good as I see...

Instead of go up, price went down ... ~35$ ...

And no money to buy cheap coins! such sad.

[mah87]

put mah87 the ripple troll on ignore, like we all do

I know better trust me. Bitcoin will NOT survive. 2015 and 2016 are slow bitcoin agony while OTHER system will emerge.

[mah87]

My predictions from yesterday were kinda not good as I see...

Instead of go up, price went down ... ~35$ ...

And no money to buy cheap coins! such sad.

Now you are not in denial anymore, good bull. Other BULLS ARE NOT HERE?

[JorgeStolfi]

Genuinely interested, what do people think will happen to the price in the next 3 months if the Chinese news is real?

I believe that the two rallies in 2013 were caused by the opening of the Chinese market, which created huge demand for BTC and sucked coins out of the Western markets.  If the ban is real (I am not convinced yet) most of the coins in the Chinese exchange accounts may be moved to the non-Chinese exchanges.  So I think this may well happen:

The black line is an exponential fitted by eyeball in log scale to the Bitstamp prices before April 2013.

But I think this it is just a possibility, I would not bet on it.  It is hard to guess what the big holders and investors will do: whether they will buy all the Chinese bitcoins, or dump those they already have.

[ChartBuddy]

Explanation

[lemonte]

put mah87 the ripple troll on ignore, like we all do

Did months ago, in terms of troll skills she/he pales in comparison to Fonzie, he's my favourite!

[lemonte]

Genuinely interested, what do people think will happen to the price in the next 3 months if the Chinese news is real?

I believe that the two rallies in 2013 were caused by the opening of the Chinese market, which created huge demand for BTC and sucked coins out of the Western markets.  If the ban is real (I am not convinced yet) most of the coins in the Chinese exchange accounts may be moved to the non-Chinese exchanges.  So I think this may well happen:

The black line is an exponential fitted by eyeball in log scale to the Bitstamp prices before April 2013.

But I think this it is just a possibility, I would not bet on it.  It is hard to guess what the big holders and investors will do: whether they will buy all the Chinese bitcoins, or dump those they already have.

Thanks, I am holding either way, I've made 25 x what i initially invested so am pleased with that, but interested to hear what the plausible outcomes could be. People on Western exchanges would be mad not to buy up these cheap coins, but what do I know!?

[billyjoeallen]

So what if, just if, the PBOC announces tomorrow that the news is inaccurate? How much of a rebound? Wouldn't want to be short if that happened.

OTOH, if FUD is confirmed, it's just Fear and Doubt because the uncertainty is removed. Seems like more upside than down to me.

Oh, mighty Whale Gods, deliver us from margin calls.

[fonzie]

URGENT:

Price is about to sky rocket for the next 5 days.
Bitcoin will not be banned again in China until Monday!
CHoooo Choooo

[seleme]

You guys are strange while taking any kind of discussion about Bitcoin with Jorge. He never owed one, he says he never will, his "whateveritiscalled" Chinese and Bitstamp predictions are crap, all in all his views are worthless.

[adamstgBit]

Genuinely interested, what do people think will happen to the price in the next 3 months if the Chinese news is real?

I believe that the two rallies in 2013 were caused by the opening of the Chinese market, which created huge demand for BTC and sucked coins out of the Western markets.  If the ban is real (I am not convinced yet) most of the coins in the Chinese exchange accounts may be moved to the non-Chinese exchanges.  So I think this may well happen:

The black line is an exponential fitted by eyeball in log scale to the Bitstamp prices before April 2013.

But I think this it is just a possibility, I would not bet on it.  It is hard to guess what the big holders and investors will do: whether they will buy all the Chinese bitcoins, or dump those they already have.

Thanks, I am holding either way, I've made 25 x what i initially invested so am pleased with that, but interested to hear what the plausible outcomes could be. People on Western exchanges would be mad not to buy up these cheap coins, but what do I know!?

Jorge thats brokers

buy a bitcoin!

[Spaceman_Spiff]

You guys are strange while taking any kind of discussion about Bitcoin with Jorge. He never owed one, he says he never will, his "whateveritiscalled" Chinese and Bitstamp predictions are crap, all in all his views are worthless.

Some things he gets right and understands very well, other stuff is just out there imo....  (of course I am a all-around boss   )

[seleme]

You guys are strange while taking any kind of discussion about Bitcoin with Jorge. He never owed one, he says he never will, his "whateveritiscalled" Chinese and Bitstamp predictions are crap, all in all his views are worthless.

Some things he gets right and understands very well, other stuff is just out there imo....  (of course I am a all-around boss   )

He is smart guy, of course he understands some things.

But basically he is here to troll. I can't see me spending so much time at forum of something I find not interesting and destined to fail.

[tarmi]

Me thinks whales are concerned about future taxing and capital gains on btc.



I shorted at 590, so fuck it, I will shotr moar at 525.

fun times!

[MoreFun]

You guys are strange while taking any kind of discussion about Bitcoin with Jorge. He never owed one, he says he never will, his "whateveritiscalled" Chinese and Bitstamp predictions are crap, all in all his views are worthless.

Some things he gets right and understands very well, other stuff is just out there imo....  (of course I am a all-around boss   )

He is similar to the one guy (forgot his name - cooinseeker or smth like that?) from one year ago first being pro-ripple and anti bitcoin with sometimes reasonable facts. Then he figured out he can profit from bitcoin.