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

[jonoiv]

Huobi made announcement too.

http://www.huobi.com/news/index.php?a=show_notice&id=303

http://translate.google.com/translate?sl=zh-CN&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fwww.huobi.com%2Fnews%2Findex.php%3Fa%3Dshow_notice%26id%3D303&edit-text=&act=url


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[billyjoeallen]

There's going to be some resistance at $415 and $400, but the bid walls are getting smaller. Some people are moving them back. Some are just pulling them.  Probability of breach up to 50/50. The Whales are swimming deep in the order book.

[byronbb]

[jonoiv]

Nova coin @ $3.75

novacoin was $5.5 in June , before any of the November pumps.  

[aminorex]

Much more pleasant that previous lows.  No ddos. No large embezzlement.

[av123]

Much more pleasant that previous lows.  No ddos. No large embezzlement.

LOL. No frappuccinos in sight this time.

[derpinheimer]

There's going to be some resistance at $415 and $400, but the bid walls are getting smaller. Some people are moving them back. Some are just pulling them.  Probability of breach up to 50/50. The Whales are swimming deep in the order book.

The only significant wall that has been pulled so far is ~BTC700 at ~$375

[ChartBuddy]

Explanation

[seleme]

Fairly low volume still, bulls still defying China news.

[jonoiv]

[JayJuanGee]

I've been buying a little here and there, too.  I buy on the way down and sell on the way up...  

I buy on the way down b/c I do NOT know how far the price is going to go down.... We have NOT even broken $420, yet.... so I am glad that I did NOT sell at what may be the bottom... but maybe we will get $410 over the weekend, before starting to move back up....

Isn't buying at $1000+ like, the opposite of buying on the way down?

That's when I started at $1200.... and then I have been buying when prices going down... yep. 

You want to make fun out of that system?

[PoolMinor]

[BBmodBB]

I haven't been on the forum for a number of days and haven't really been following BTC closely.  What's going on?  Why is the price falling?

China banned it again.  Twice.  Also, there's no  future in the whole crypto thing; it turns out to be a ponzi scheme after all.  I'm  just buying a few to help out, for auld lang syne.

Should auld acquaintance be forgot,
And never brought to mind?

on a serious note, I'm starting to wonder if bitcoin is the US secret escape plan for getting out of the current currency game.

they are starting to accumulate a large stake through stealing coins from bitcoin innovators like Shrem and Ulbricht.

ya man : if we can just spread the bitcoin on everyones' computers we can monkey around with the chinky accounts and other fun stuff! LOL

[jonoiv]

[JayJuanGee]

Was thinking a few days ago bidding at lower 400's would be a safe, smart play even for bears. i am quickly changing my mind.

I told a guy I know that was interested in bitcoin a week ago that I thought breaking through 400 CAD was unlikely.

I told him again today that I no longer held that view.

I am feeling now that we might go below 400, until the point of maximum pain.

on this journey, simply remember...

“I must not fear. Fear is the mind-killer.
Fear is the little-death that brings total obliteration.
I will face my fear. I will permit it to pass over me and through me.
And when it has gone past I will turn the inner eye to see its path.
Where the fear has gone there will be nothing. Only I will remain.”
― Frank Herbert, Dune

Maximum pain would be below $200, no?

[octaft]

I've been buying a little here and there, too.  I buy on the way down and sell on the way up...  

I buy on the way down b/c I do NOT know how far the price is going to go down.... We have NOT even broken $420, yet.... so I am glad that I did NOT sell at what may be the bottom... but maybe we will get $410 over the weekend, before starting to move back up....

Isn't buying at $1000+ like, the opposite of buying on the way down?

That's when I started at $1200.... and then I have been buying when prices going down... yep.  

You want to make fun out of that system?

How can you call it "on the way down" when you started at the very top? Clearly that $1200 purchase was waaaay on the way up.

[BBmodBB]

Was thinking a few days ago bidding at lower 400's would be a safe, smart play even for bears. i am quickly changing my mind.

I told a guy I know that was interested in bitcoin a week ago that I thought breaking through 400 CAD was unlikely.

I told him again today that I no longer held that view.

I am feeling now that we might go below 400, until the point of maximum pain.

on this journey, simply remember...

“I must not fear. Fear is the mind-killer.
Fear is the little-death that brings total obliteration.
I will face my fear. I will permit it to pass over me and through me.
And when it has gone past I will turn the inner eye to see its path.
Where the fear has gone there will be nothing. Only I will remain.”
― Frank Herbert, Dune

Maximum pain would be below $200, no?

$150 ~ FULL RETARD,,, imo =) lol

[JayJuanGee]

Much more pleasant that previous lows.  No ddos. No large embezzlement.

LOL. No frappuccinos in sight this time.

I read that Mark K.  cannot even be found these days.. and the fear is that he is NOT going to show for any of his court dates...   .. but maybe that it is tomorrow's news..   we got china and australia to deal with, today.

[JayJuanGee]

Fairly low volume still, bulls still defying China news.

YEAH>... bulls still HODLin....

[BitChick]

For some reason this flash crash feels eerily familiar to the dumping that took place after the Silk Road closure. So does that mean next week . . . oh never mind.