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

[sonofliberty]

This is the end of bitcoin. Take heed - sell whatever you have now to get back whatever you can.

Ok.

[jonoiv]

*raises hand*

I've seen this dozens of times but not sure if I'm understanding it right. Please clarify bull, bear, bull/bear trap, fud, ta, hodl, red candle, green candle, firecracker, sparkler, etc?

Bulls expect the value to go up so hold their investments and ride it up. Bears are more like chicken little, the sky falls every time there's a drop, so they freak out, sell off and doom the thing to hell. Bulls like it when bears panic sell because the rates to buy are way low...and then a rally happens when people - the bulls - and whoever else start buying up fast, which increases the price/value and makes everyone's investments worth more at the end but meanwhile bears and bulls like to scare the crap out of each other to see which one caves first?

Is that about close?

Yes? No? Sorta? Thanks!  

A bull:  someone that wants the price to go up
A bull trap:  a short uptrend.  the bull buys but then the price drops.

The bear is the reverse of above


FUD : fear, uncertainty, doubt
TA: technical analysis
Hodl :  A spelling mistake and (doge) version of Hold (don't sell coins)

Red candle.  price down
Green. price up



firecracker: is a stupid annoying song.

[BBmodBB]

if 420 holds on stamp I remain fearless of the bears.. I think they should be trying harder to break that number.

amen! try harder bears!

if you get it down to 300, i might get scared and dump at market.

no need to dump at market just send some money to exchanges (eughhh we should've done that 3 days ago LOL). Unless you got a nice stash and the day trading stash can be used to buy in lower.. which is why I think we could see 300 if 420 breaks.

4:20 *puff puff* ya i think i got an idea ! bwaaahahahaa

[David M]

This is the end of bitcoin. Take heed - sell whatever you have now to get back whatever you can.

2013-10-28   204.86
2013-11-04   341.24
2013-11-11   434.53
2013-11-18   829.15

[chessnut]

This is the end of bitcoin. Take heed - sell whatever you have now to get back whatever you can.

gee Im glad I read this post in time.

[serenitys]

Yay!! I got something right - I figured ta was probably trend analysis but with all the code words, buzz words and such I wasn't 100%

Bulls lean to long term value and bears lean to immediate gratification is how it seems reading all yalls comments back and forth (funny pics included, the falling bear out of the tree was a good one).

One more - this bubble...is this a good thing, bad thing, no biggie, or ?

Thanks!

[deadfi$h]

Yay!! I got something right - I figured ta was probably trend analysis but with all the code words, buzz words and such I wasn't 100%

*Technical Analysis
http://en.wikipedia.org/wiki/Technical_analysis

[seleme]

Guys, if you play this right (me too) you're going to make a killing once. No time frames, just once, but you're going to make a killing.

[lynn_402]

Yay!! I got something right - I figured ta was probably trend analysis but with all the code words, buzz words and such I wasn't 100%

Bears lean to long term value and bulls lean to immediate gratification is how it seems reading all yalls comments back and forth (funny pics included, the falling bear out of the tree was a good one).

One more - this bubble...is this a good thing, bad thing, no biggie, or ?

Thanks!

That's not right, you can be a long-term bull and a short-term bear. This is the common scenario with Bitcoin actually.
This bubble was good because it brought a lot of attention to Bitcoin, and thus potential investors

[aminorex]

Here's hoping BJA either sold a little on the spike or found something to hock.

If the posted bids down to 400.01 were dumped at market, they would buy up to 490.76

[Serge]

This is the end of bitcoin. Take heed - sell whatever you have now to get back whatever you can.

we need Nagle and Edward50 to confirm this

[MinermanNC]

This is the end of bitcoin. Take heed - sell whatever you have now to get back whatever you can.

2013-10-28   204.86
2013-11-04   341.24
2013-11-11   434.53
2013-11-18   829.15

Those were the good ole" days    lol I had a great Christmas to this year. Maybe the next big rally is just around the corner......

[Cyberlight]

I was a pleasure, gentleman....

https://www.youtube.com/watch?v=_RcVzevWX4U

[aminorex]

This is the end of bitcoin. Take heed - sell whatever you have now to get back whatever you can.

we need Nagle and Edward50 to confirm this

Dogecoin is a good bet though.  It hasn't been through as many hype cycles.  Also, no deflation problem.

[seleme]

Dogecoin still holding over 100, not bad.

[chessnut]

Also, no deflation problem.

deflation is not a problem at all with BTC.

[aminorex]

Also, no deflation problem.

deflation is not a problem at all with BTC.

BTC is a problem for you if you don't like deflation.

[MinermanNC]

Dogecoin still holding over 100, not bad.

Barely lol, I have been rocking with D-notes (Note) for over a month now, trading presently on Allcoin.com pretty stable (no huge down trends) and very active trading with it.

[jonoiv]

Guys, if you play this right (me too) you're going to make a killing once. No time frames, just once, but you're going to make a killing.

Question if everyone will be able to buy back low 
But I'm playing it also, only that I play with ltc... waiting for some sub 10$.

Mini rally just starting now.  personally don't think you will get $9.99 LTC.  at least not today

[JayJuanGee]

Everyone expect china will dump more despite we sow that only 3party deposits are baned (what we should get over already in december)... It can happen that we will actually go up  

Edit:  This week numbers from Second Market can be very big...  (or not)

This whole matter remains extremely confusing to me.  I thought the December 2013 disclosure of the news was that banks could NOT deal directly with exchanges concerning bitcoin but 3rd parties could.   And, this was supposedly effective February 1.   However, the later clarifications is to take away the 3rd party options to put fiat into exchanges through 3rd parties ... so that makes it unclear about the chinese options to get fiat into the btc exchanges...   The matter still has NOT been clarified exactly b/c BTCChina and Huobi have NOT announced that they are affected.

Am I missing something?