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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26401389 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.)
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April 02, 2014, 05:42:35 PM

Who knows what the price was before China's involvement? If you do then you know the low for now.
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April 02, 2014, 05:42:52 PM

I've just mistakenly put an order at 6.15$ on btc-e, is that a sign?  Cry Grin

LTC ? well $8 seems really possible, $6.5 seems like a real long shot, but you never know, LTC go extremely both ways up/down.

no, btc  Grin
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April 02, 2014, 05:43:49 PM

New ATL on stamp.

ooch ooch MF'er..

shopping time  Grin
All time low? This time last year it was at $103 and the year before at $4.91

and the year before that?
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April 02, 2014, 05:43:54 PM

Who knows what the price was before China's involvement? If you do then you know the low for now.
That makes no sense.
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April 02, 2014, 05:44:04 PM


Totally agree. "Well it always rallied before to a new ATH, so it will again and we will see 1000% gains every year". Its obvious to anyone who does the maths that it can't keep having those gains every year forever

Bitcoin has a lower market cap than Western Union. I don't get why people fail to see the potential there. 1000% gain seem very likely.
I'm not saying there isn't potential, I'm saying that it can't increase that much every year until the end of time

The market cap is an interesting argument, but in my opinion the issue is how bitcoin will be used.  I am no expert, but if it is handled the same way bitpay provides a solution to merchants where they convert directly to fiat, then I am guessing you don't need as much market cap to service the same amount of transactions. 
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April 02, 2014, 05:44:21 PM

Who knows what the price was before China's involvement? If you do then you know the low for now.

Recent growth was not purely China driven, a lot of new Western speculators also entered the market during the last bubble.
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April 02, 2014, 05:44:41 PM

Who knows what the price was before China's involvement? If you do then you know the low for now.
That makes no sense.

Why?
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April 02, 2014, 05:45:27 PM

ShroomsKit
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April 02, 2014, 05:46:14 PM

so is the china shit over now?
Probably not, someones friend will here a rumour in a bar that someone in a bank somewhere may have said Bitcoin is the wrong colour and 100k coins will suddenly get dumped four hours before anyone hears about it (including the friend).


Yup, sadly enough that's the state Bitcoin is is currently.
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April 02, 2014, 05:47:08 PM

Is that it? $5.49 below the last low?? Idk, second class trolls, second class FUD and second class manipulation, good thing Bitcoin isn't judged only by its opponents :/

We're not out of this shit yet.
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April 02, 2014, 05:47:22 PM

*wakes up from back seat*

are we there yet?

*zzzzz*
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April 02, 2014, 05:47:33 PM

Is that it? $5.49 below the last low?? Idk, second class trolls, second class FUD and second class manipulation, good thing Bitcoin isn't judged only by its opponents :/

If it wasn't easy to manipulate the market with FUD no one would be here. That's what makes it fun.
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April 02, 2014, 05:47:55 PM

Who knows what the price was before China's involvement? If you do then you know the low for now.
That makes no sense.
Why?
It seems to suggest that bitcoin is/was stable prior to China getting involved.
Also, if Chinese people are allowed to hold bitcoins, they have taken a chunk of the supply away.
In contrast, if the Chinese now all want to get rid of bitcoin, selling a large amount of bitcoins in a short timeframe would send the price below "fair price without chinese" for now.
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April 02, 2014, 05:48:08 PM

ltc just went under 11
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April 02, 2014, 05:48:41 PM

Is that it? $5.49 below the last low?? Idk, second class trolls, second class FUD and second class manipulation, good thing Bitcoin isn't judged only by its opponents :/

you are one of the rare permabull existing here, even adam came to see the reality eventually...
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April 02, 2014, 05:49:47 PM

Is that it? $5.49 below the last low?? Idk, second class trolls, second class FUD and second class manipulation, good thing Bitcoin isn't judged only by its opponents :/

you are one of the rare permabull existing here, even adam came to see the reality eventually...
Do pray tell, what is the reality?  Bitcoin going to zero?
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April 02, 2014, 05:49:55 PM

Who knows what the price was before China's involvement? If you do then you know the low for now.
That makes no sense.
Why?
It seems to suggest that bitcoin is/was stable prior to China getting involved.
Also, if Chinese people are allowed to hold bitcoins, they have taken a chunk of the supply away.
In contrast, if the Chinese now all want to get rid of bitcoin, selling a large amount of bitcoins in a short timeframe would send the price below "fair price without chinese" for now.


Thank you that's what I was looking for ----- sell, sell, sell. lol
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April 02, 2014, 05:50:17 PM

The question really no longer is 'are we going to re-test 400 on high volume' eventually, but 'will 400 be conclusively established as the bottom of this bear market/correction'. Considering that each test of 400 began from a lower starting point, I'm inclined to say it probably won't hold.
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April 02, 2014, 05:51:19 PM

ltc just went under 11

ye i think it could revisit 9$ ish
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April 02, 2014, 05:53:53 PM

Is that it? $5.49 below the last low?? Idk, second class trolls, second class FUD and second class manipulation, good thing Bitcoin isn't judged only by its opponents :/

If it wasn't easy to manipulate the market with FUD no one would be here. That's what makes it fun.
It is but repeating the same FUD over and over gets boring, they couldn't even come up with something entertaining for April fools. Ok, they're going to break themselves trying to kill Bitcoin but its only the pro-bitcoin side does anything interesting while its happening, the con-bitcoin side just plays elevator music.

Yes but weak pussies love elevator music. God bless them too because I need me some cheap coins.
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