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

[seleme]

If LTC goes below 002, I am going all in.

In LTC? 

yes

[Speedie]

Sitting right on the 50 week moving average. Interesting times. For posterity, the 200 week moving average is currently at around $150

[fotosonics]

I like little bounce to 395 then DOWN

Will see where it's at April 15. We will see.  I had to sell some to protect viability of surviving through the summer. I will only buy again under 200.

[MinermanNC]

I like little bounce to 395 then DOWN

ya we just saw about a 10.00 bounce ...ahhh sigh of relieve lol

[magicmexican]

Its almost like the Chiniese cant sell on their exchanges and moved their coins to btc-e to dump

[roslinpl]

I must say this is huge drop ... HUGE! I am afraid what will tomorrow morning bring to it...

it is 00:07 AM here and I am afraid of going to sleep


This price it is a huge crash ... but ... a chance to buy such a great coin for such a great price too!
Just ... I need money .. and most of my holdings are in BTC and I need to pay a bills tomorrow so I was willing to withdraw ... but ... thinking to wait till morning ... this is crazy what is happening now ...

30$ in 1h ...
Damn.

[edwardspitz]

Stamp $12 below Huobi. Wow!

I was wondering if this would happen. If Chinese cannot buy bitcoins, then they'll go up in value (because they can still use them to take money out of the country) - much like the old MtGox premium.

I'm not so sure. Maybe Stamp crowd panicked a bit when a few red candles started to form on Huobi.

[magicmexican]

I like little bounce to 395 then DOWN

Will see where it's at April 15. We will see.  I had to sell some to protect viability of surviving through the summer. I will only buy again under 200.

There wont be any major movements on April 15 or near it

[Hypnoise]

If LTC goes below 002, I am going all in.

LTC/BTC looks good

[dreamspark]

Its almost like the Chiniese cant sell on their exchanges and moved their coins to btc-e to dump

But they can sell on their exchanges :/

[magicmexican]

Its almost like the Chiniese cant sell on their exchanges and moved their coins to btc-e to dump

But they can sell on their exchanges :/

Ye i am puzzled about that, very uncharacteristic for btc-e to lead, usually it laggs behind with their panic over dumps, but i've never seen it suddenly step up and take their own action while other exchanges are hibernating

[cbutters]

HODL Should I sell my house for btc guys?

Confirmed. No better investment at these prices.

[seleme]

If LTC goes below 002, I am going all in.

LTC/BTC looks good

10% down today

[seleme]

Its almost like the Chiniese cant sell on their exchanges and moved their coins to btc-e to dump

But they can sell on their exchanges :/

Ye i am puzzled about that, very uncharacteristic for btc-e to lead, usually it laggs behind with their panic over dumps, but i've never seen it suddenly step up and take their own action while other exchanges are hibernating

They have lot of Chinese over there, it might be them who pushed it down.

[sonofliberty]

Such pain. Wow.

[magicmexican]

Now btc-e slowly going up while Huobi starting to sell, this is fun

[edwardspitz]

Its almost like the Chiniese cant sell on their exchanges and moved their coins to btc-e to dump

But they can sell on their exchanges :/

Ye i am puzzled about that, very uncharacteristic for btc-e to lead, usually it laggs behind with their panic over dumps, but i've never seen it suddenly step up and take their own action while other exchanges are hibernating

If you are right it is time to look at BTC-E for a change.

[oda.krell]

And there goes the "real" support level at 382.

(hint: it never was any more real than 400)

Even the donkey starts to get it.

Don't flatter yourself. I've been well prepared for this for a while.

But word of advice: don't forget to buy back in at whatever will turn out to be support eventually. Otherwise we're going to hear your constant whining well into the recovery

[TeeBone]

Party's just beginning folks, you aint seen nothing yet. 200's by next week is very likely, BEAR HEAVEN here we come 

[smoothie]

your first prediction of flash crash to 400 was right but your second prediction on the reversal was and is wrong, you have been calling a reversal from 550 all the way down to $400, sadly we broke that 400.

now there is 2 scary facts, China is really closing accounts on the 15th of April and this is confirmed, now Australia will be closing all Bitcoin business related accounts on the 2nd of may; now  it is unclear for me how there is a chance of a reversal !! till then, I don't know if we reached the bottom yet...

My approach to predictions: If I make a 50/50 prediction, I aim to be "right" exactly 50% of the time. If I make 70/30 (that was perhaps my feeling after the Feb-25 crash) I still need to be "wrong" every third time, otherwise I am playing too safe. If you don't understand this, better not listen to me at all.

Rational investors discount the future to the present, and all information commonly available is already priced in. Now, Bitcoin is very far from an efficient market, and therefore there is a mispricing going on. I am moving funds to exchange if nothing else helps to correct/profit from the situation. I think this is the biggest reason why the reversal/recovery is sluggish: whales like me are scared as hell to send the million$ back to exchanges, no matter if they were originally earned by selling bitcoins or if it is new money. It is the shadow of Gox again.

Please somebody sell me bitcoins at $389, off-exchange, BTC100 minimum. Please.

you are sooo full of shit! =) ^i'll sell you as many as you want@ $389!

I'll buy 100BTC from you off exchange.

where are you located ~ i'm in California ! =)

I'm in Hawaii. PM me your wire instructions. Given I do not have any post history from your account I would kindly ask you send first.

I'm a well-known forum member and people have met me in person. Done many trades on here with no scam accusations.