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

[fonzie]

Still 16 Mio in USD swaps on Bitfinex. I gues they will provide a great help to break the 400$ support.

These USD swaps are for long positions.

If these long positions get squeezed they will provide downward momentum.
I guess a lot of people have set their stop loss around 400$.

[magicmexican]

Free tip of the day :

[JayJuanGee]

(Apologies if this has been posted already.)
From the BTCTrade site,

尊敬的用户：今天接到第三方支付渠道通知，将于近期暂停网上直接充值的功能，充值将继续采用银行转账方式，日常交易及提现不受影响，敬请谅解！针对近期415事件，比特币交易网（btctrade.com）暂未接到任何通知，近期行情波动幅度较大，请各位投资者谨慎投资。

Google Translate:

Dear user: third-party payment channels received notification today, will soon be suspended directly online recharge feature, recharge will continue to use bank transfers, daily transactions and withdrawals are not affected, please understand! 415 for the recent events, Bitcoin transaction network (btctrade.com) yet received any notice, the recent market volatility is large, please investors cautious investment.

WTF? This is NOT really news, is it?  What is the change, exactly that supposedly took place since we found out about this in December 2013, no?

[fonzie]

Free tip of the day :

@magixmexican

Thanks for showin everyone how smart your are by ignorin all those trolls and people who are critical to the actual market situation.
If you ignore them we will probably shoot straight back to 1000$

[KeyserSoze]

Professor Bitcorn getting agitated:
http://www.ustream.tv/recorded/45679957

I think Schweikert really likes Bitcoin. He sees the potential. This is great. Smart government folks like Schweikert and Lawsky who, while they have a job to do, are grasping the potential and you can hear the wheels spinning as they speak as conservatively as they can about how awesome Bitcoin is.

[gentlemand]

Free tip of the day :

When the day comes that an entire page is ignored I'll take a wee holiday from this forum. It might be quite soon.

[nrd525]

Still 16 Mio in USD swaps on Bitfinex. I gues they will provide a great help to break the 400$ support.

These USD swaps are for long positions.

If these long positions get squeezed they will provide downward momentum.
I guess a lot of people have set their stop loss around 400$.

If you are right the order book will make up for some of it (7060 BTC down to 399), but as little as 20%.

I think some traders are more cautious. For instance, my position gets liquidated considerably below $400.

[lynn_402]

17th ban will be for real, they promised 

Even if it was, it leaves plenty of time for one or two last pumps. Just sayin'

[Mervyn_Pumpkinhead]

If you think these red 12h candles are big you might look at December 16-18.
This is only the beginning.

Thank you for your warm welcome. I have nothing against the art of trolling, I think that it can be an entertaining act.

[JayJuanGee]

Guys, you all are a part of the problem... You think that you're so smart, talking about bulls and bears, and a lot of rubbish.

You need to realize: Bitcoin is going to fall unless there will be more people interested in buying them. And trust me, a person who gets to bitcointalk.org to get some info, and decide whether to invest or no, and actually starts to read this thread as the most popular one, and dedicated to discussion about the price, etc. and starts to read a zoology treaty will consider all this a big joke.
Do you think if an investor would have some interest in the stock market, on a specific company, and when trying to get more information about his potential investment would start to read all this rubbish, will NEVER invest. Some computer geeks who think they are business men, or who never actually leave their rooms, are being "smart" here... in a business you need to be serious first of all, and bulls and bears have nothing to do with Bitcoins as an investment.

The other problem is that altcoins are falling down. They were the ticket for late investors to adopt Bitcoin. So, there is a very very strong relationship between those and BTC. I always told, the minute altcoins will die, BTC will too. Simply because nobody is going to pay hard cash at this prices for something where the "insiders" are talking about bears and bulls, instead of serious matters in a serious language.

You cannot control the kinds of content that people post on these kinds of anonymous forums with any kind of degree  - there is a multitude of interests, and some of which do NOT want bitcoin to succeed.

[windjc]

If you think these red 12h candles are big you might look at December 16-18.
This is only the beginning.

Fonzie, if you want to troll then I guess it's your right. But you should not be PMing people with troll spam. This is going to get you banned.

[fonzie]

@KeyserSoze

I like your signature  

[seleme]

That BTC-e bot was too good to me in last half an hour. 800$+ profit. Almost recovered my lost from this morning.

[magicmexican]

That BTC-e bot was too good to me in last half an hour. 800$+ profit. Almost recovered my lost from this morning.

What bot exactly?

[fonzie]

If you think these red 12h candles are big you might look at December 16-18.
This is only the beginning.

Fonzie, if you want to troll then I guess it's your right. But you should not be PMing people with troll spam. This is going to get you banned.

I promise never to do it again.
But it was so tempting to write a PM that cointained the words: sheep, panic and sell.

[obitoo]

If you think these red 12h candles are big you might look at December 16-18.
This is only the beginning.

Fonzie, if you want to troll then I guess it's your right. But you should not be PMing people with troll spam. This is going to get you banned.

Yeah don't get banned Fonzie, I quite enjoy your perspective 

[adamstgBit]

new low

price is not high

[bamsbamx]

BUY OR WAIT? I think I should wait, but I want to buy  

http://imgs.tuts.dragoart.com/how-to-draw-a-bull_1_000000002685_5.jpg

[JayJuanGee]

You will see the end of this bear market by these following indicators.

1) The price will go lower then most expected
2) The price will remain low longer then most expected
3) The loudest and the most enthusiastic bulls will start to blame bitcoin and everyone involved for the situation and then write dramatic final speeches of them leaving.

If you will get tired of seeing indicator 3, then it's time to buy, not before.

We have already met all three sufficiently for the price to rise....  at least 1 and 2, which seem the most potentially relevant to this lame-ish description of prerequisites.

 Regarding #2 we have been between $420 and $599 for about 3 weeks... that is quite a long time.

Actually, regarding #3, this is NOT any kind of necessary prerequisite

I'm leaving, never to return. All bitcoiners are bastards.

And you are an asshole... especially if you are a bitcoiner... .. whether you renounce bitcoin or NOT.. I know you have at one time embraced bitcoin.... and I hate all you assholes... but I am going to stick around and keep spreading this message with sincerity, until the price goes up...

JUST TO SHOW YOU THAT I MEAN IT>>>> YOU GUYS GALS or Whatevers, are ASSHOLES

[magicmexican]

new low

? not yet