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

[fotosonics]

Where's it gonna get rough?  300, then it gets rough.

[ShroomsKit]

huobi continues to lead the price up, third run at 2400

But China banned Bitcoin? Everybody sold because of this horrible news. Everybody needed to get rid of their coins.
Now people are buying?
Sounds like a bunch of complete fucking idiots to me.

[seleme]

You guys think this is the start of the uptrend?

No, I don't. There is no reason for China to start uptrend.

[Jeezy911]

You guys think this is the start of the uptrend?

It could just be a normal correction from such a steep drop or it could be the real deal. Charts looking stronk though, im waiting till the 15th to do anything.

[aminorex]

huobi wants it over 400.  lots of chinese people want their coins.

[CoinDox]

huobi wants it over 400.  lots of chinese people want their coins.

Or liquidity was shot on the way down and it takes very little to push the price back up?

[ShroomsKit]

huobi wants it over 400.  lots of chinese people want their coins.

That's odd. Yesterday they wanted to get rid of it. Like real bad.

[MinermanNC]

I never thought 390 would look so good lol
I think the worst is behind us. BTC was tested and has won

[seleme]

Time to see some shorts squeezed.

[BitChick]

huobi continues to lead the price up, third run at 2400

But China banned Bitcoin? Everybody sold because of this horrible news. Everybody needed to get rid of their coins.
Now people are buying?
Sounds like a bunch of complete fucking idiots to me.

Some Chinese travel internationally and will be able to spend coins when outside the country.  I would think the fact that they are harder to get would just make them that more desirable now? But what do I know.  Of course most people don't like having their money tied up without having access to it, but for some it won't be as big of an issue as you would think at first glance.

And I think we have seen the low, BTW.  It should move on up from here.

[aminorex]

huobi wants it over 400.  lots of chinese people want their coins.

Or liquidity was shot on the way down and it takes very little to push the price back up?

volume is slightly bigger on the way up than on the way down

make that quite a bit bigger, in china.  very stronk

and in slovenia, someone could not let that liquidity at 397 go untapped

if you hurry you might get some for 400.

oops you waited too long.  liquidity gone.

second chance!

[billyjoeallen]

First day trade stop loss on a margin short @ $368.  Only cost me $48 bucks. I hope I'm starting to get the hang of this. Got to know when to fold 'em.
It would be great if $340 holds on the retest. I'm sick of this bear market.

[MinermanNC]

finally 400 again 

[y3804]

Wtf. $400?

Fuck my life. I was shorting from $400. I was out for the day, no internet connection. I could've sold at $340, but decided to wait. Now I made no profit whatsoever

[ShroomsKit]

finally 400 again 

I bet someone will dump on it again. There are people who want Bitcoin to go to 0 and will do everything to achieve that.

[fotosonics]

finally 400 again 

I bet someone will dump on it again. There are people who want Bitcoin to go to 0 and will do everything to achieve that.

I am going to buy back in at 300 on the 15th.

[billyjoeallen]

I never thought 390 would look so good lol
I think the worst is behind us. BTC was tested and has won

Way too early to say. I hope so.

[aminorex]

i suspect we will be stuck between 2400 and 2500 for a while.  time for a nap.

[ampere9765]

Wtf. $400?

Fuck my life. I was shorting from $400. I was out for the day, no internet connection. I could've sold at $340, but decided to wait. Now I made no profit whatsoever

Set limit orders...

[podyx]

whats up with the dumps on stamp?