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

[billyjoeallen]

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

Maybe that's because it isn't the low.  $400 is likely to be the base for the next rally sometime around November if we're lucky.

[TeeBone]

another Meow mini bounce.

[aminorex]

Give up on waiting for volume.  There just arent any coins left, not at these prices.  The tree has been shaken bare.

[ShroomsKit]

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.

It means next weak the idiots will find something else to panic over. Preferably all the way to 0. It's not untill then they can say "well i lost all my money but thank God i'm safe now".

[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?

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.

Yes, that is when I started.. I bought 1.245 BTC for $1500 on Localbitcoin to start out.. Then thereafter I bought on dips... and mostly on the way down.  It took me a little more than a week to set up an account on coinbase to be able to continue to buy on coinbase after that.    So what's the problem?  except for the fact that you are looking from your own perspective.  You do NOT know anything about my total investment portfolio, my risk aversion, my reasons for getting into BTC.  You want to criticize without knowing particulars.. for what reason?  Are you trying to teach me something?  to say I told you so?  to say that I did something wrong?  What's your point, exactly?

[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?

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

Something like $150 would be painful.. will it go down quickly or take 3-12 months to get there.  I think that I could hang with $150 if it took a year to get there, but that price point would surely weed out quite a few weak hands... and yes, if it took 24 months to get there, then probably some pretty negative news would need to be in play.....

[BBmodBB]

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.

^maybe it wasn't his idea but he had every chance to turn things around and he just let it ride so i dunno ~ dead or in the Bahamas? =\

[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

Something like $150 would be painful.. will it go down quickly or take 3-12 months to get there.  I think that I could hang with $150 if it took a year to get there, but that price point would surely weed out quite a few weak hands... and yes, if it took 24 months to get there, then probably some pretty negative news would need to be in play.....

i vote for hard and fast to $250 then mega bounce to $3000-$5000 with tons of madness + circus acts ! LOL =)

[aminorex]

Something like $150 would be painful.. will it go down quickly or take 3-12 months to get there.  I think that I could hang with $150 if it took a year to get there, but that price point would surely weed out quite a few weak hands... and yes, if it took 24 months to get there, then probably some pretty negative news would need to be in play.....

Oh it would be a sweet pain.  I would gain so much coin!  

[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.

^maybe it wasn't his idea but he had every chance to turn things around and he just let it ride so i dunno ~ dead or in the Bahamas? =\

I would bet on something Bahamas like... but he's gotta try to go somewhere where he and his cat will NOT stand out... and maybe buy his own frappuccino machine.. so he wont have to go out too much.

[ShroomsKit]

Hah cheap coins  

Not sure why closing down the acccount is such a big thing... they will simply open new one in Hong Kong. I know that this is China, but I'm sure there is not such a problem to open a business bank account in HK, or? All you need is money...    

So how many cheap coins are you buying right now?

[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?

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

Something like $150 would be painful.. will it go down quickly or take 3-12 months to get there.  I think that I could hang with $150 if it took a year to get there, but that price point would surely weed out quite a few weak hands... and yes, if it took 24 months to get there, then probably some pretty negative news would need to be in play.....

i vote for hard and fast to $250 then mega bounce to $3000-$5000 with tons of madness + circus acts ! LOL =)

Wait!!!!  you are switching from $150 to $250...   Probably would weed out more weak hands at $150... but it would probably be very difficult to hold that price point.. absent additional bad news...

[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.

Yes, that is when I started.. I bought 1.245 BTC for $1500 on Localbitcoin to start out.. Then thereafter I bought on dips... and mostly on the way down.  It took me a little more than a week to set up an account on coinbase to be able to continue to buy on coinbase after that.    So what's the problem?  except for the fact that you are looking from your own perspective.  You do NOT know anything about my total investment portfolio, my risk aversion, my reasons for getting into BTC.  You want to criticize without knowing particulars.. for what reason?  Are you trying to teach me something?  to say I told you so?  to say that I did something wrong?  What's your point, exactly?

My point is exactly what I said, you didn't start by buying on the way down. Starting by buying on the way down would have put your first purchase at about $800 or something. It's easy to buy on the way down when all it's doing is going down, but be honest: if the bubble had ended at $2000, would you have been buying straight up to the top thinking it would never end?

[bassclef]

Give up on waiting for volume.  There just arent any coins left, not at these prices.  The tree has been shaken bare.

So eloquently put. Let's see if volume dries up and we get a bounce.

[ShroomsKit]

So i did some reading. Only some banks will stop doing Bitcoin related transactions. You have to be kidding me! I thought this finally was the real ban!
This means that the coming weeks we will go down every single time another bank is removed. Because every single time the morons will panic.
Just completely ban it already!

[PoolMinor]

[KeyserSoze]

The CEO of Bitcoin has personally assured me price will not drop below $375.
(ish)

[seleme]

btc-e new lows

[TeeBone]

Phantom 400 wall ready to punk out.

[billyjoeallen]

I BEGGED you assholes to dump on the dead cat bounce and buy back when $400 was retested. You could have increased your BTC holdings without spending an extra dime.