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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26772709 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 1 users with 9 merit deleted.)
spooderman
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April 11, 2014, 10:37:41 AM

Last year's reversal was so clean. Suddenly it turned bull. Just like that. Everyone knew. In a second the bear market was just over.

Why is it being to fudge-y this time? Come on bulls! Bitcoin is teh future!!1
hdbuck
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April 11, 2014, 10:39:53 AM

dont think we've seen despair yet. not enough whining in here. Grin
sonofliberty
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April 11, 2014, 10:40:21 AM

Last year's reversal was so clean. Suddenly it turned bull. Just like that. Everyone knew. In a second the bear market was just over.

Why is it being to fudge-y this time? Come on bulls! Bitcoin is teh future!!1

Maybe because it isn't over.
ChrisML
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April 11, 2014, 10:46:02 AM

remember my words I posted  here  5-6 hours ago :
"Bitcoin will not make it through this night"


Oh wait, sorry, what did you say? You smug cunt dickshit piece of lame sauce.


You, are a noob. Lower than the shit stains under my shoes. Go buy that popstickle by now. Oh, and ignored. Hopeless.
tarmi
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April 11, 2014, 10:48:16 AM

shorting, fuck it.
soullyG
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April 11, 2014, 10:51:29 AM

Christ almighty, can we please not quote the trolls..
GreekGeek
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April 11, 2014, 10:51:51 AM

Last year's reversal was so clean. Suddenly it turned bull. Just like that. Everyone knew. In a second the bear market was just over.

Why is it being to fudge-y this time? Come on bulls! Bitcoin is teh future!!1


Last year's reversal was artificial, fuel by whales fleeing  EmptyGox
this will be more like the 2011 bubble, we may not go as low as 2011 (70 USD)
but it could take several months for confidence to build up again

and by confidence , I mean confidence in the exchanges (rpitiela said something similar yesterday)
TERA
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April 11, 2014, 10:52:38 AM

Speaking of last year's reversal,  there was more fiat on the mtgox orderbook when it hit bottom at $66 (there was $9M on books),  than there is now on Bitstamp.
magicmexican
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April 11, 2014, 10:53:06 AM

Last year's reversal was so clean. Suddenly it turned bull. Just like that. Everyone knew. In a second the bear market was just over.

Why is it being to fudge-y this time? Come on bulls! Bitcoin is teh future!!1


Last year's reversal was artificial, fuel by whales fleeing  EmptyGox
this will be more like the 2011 bubble, we may not go as low as 2011 (70 USD)
but it could take several months for confidence to build up again

and by confidence , I mean confidence in the exchanges (rpitiela said something similar yesterday)


Time the next pump with the MtGox 2.0 coming alive?
tarmi
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April 11, 2014, 10:54:40 AM

oh my my.

so many desparate bulls trapped. praying for 500 to cut your losses?
GreekGeek
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April 11, 2014, 10:55:17 AM

Last year's reversal was so clean. Suddenly it turned bull. Just like that. Everyone knew. In a second the bear market was just over.

Why is it being to fudge-y this time? Come on bulls! Bitcoin is teh future!!1


Last year's reversal was artificial, fuel by whales fleeing  EmptyGox
this will be more like the 2011 bubble, we may not go as low as 2011 (70 USD)
but it could take several months for confidence to build up again

and by confidence , I mean confidence in the exchanges (rpitiela said something similar yesterday)


Time the next pump with the MtGox 2.0 coming alive?

LOL , if MtGox 2.0 has no liquidity issues than the "pump" won't work as good as it used to
magicmexican
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April 11, 2014, 10:57:50 AM

oh my my.

so many desparate bulls trapped. praying for 500 to cut your losses?

Who are you talking to, exactly? There are tons more of trapped bears atm, just look at the trollbox and see how much butthurt people panic sold 350-370'ish and praying for the "re-test"

Anyone who bought below 400 is doing fine
ParabellumLite
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April 11, 2014, 10:58:58 AM

oh my my.

so many desparate bulls trapped. praying for 500 to cut your losses?

Who are you talking to, exactly? There are tons more of trapped bears atm, just look at the trollbox and see how much butthurt people panic sold 350-370'ish and praying for the "re-test"

Anyone who bought below 400 is doing fine

Not to quick: the situation remains very ambigious. We haven't rallied out of this low yet. I believe that only daytraders have brought the price back up again with a few dozen dollars. The average Joe is not buying in these situations.
ChartBuddy
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April 11, 2014, 11:00:24 AM


Explanation
magicmexican
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April 11, 2014, 11:00:58 AM

oh my my.

so many desparate bulls trapped. praying for 500 to cut your losses?

Who are you talking to, exactly? There are tons more of trapped bears atm, just look at the trollbox and see how much butthurt people panic sold 350-370'ish and praying for the "re-test"

Anyone who bought below 400 is doing fine

Not to quick: the situation remains very ambigious. We haven't rallied out of this low yet. I believe that only daytraders have brought the price back up again with a few dozen dollars. The average Joe is not buying in these situations.

Sure, but the difference is that anyone who bought below 400 can get out now if they want, but if you did panic sell near bottom you are glued to your screen hoping for a crash to rebuy
ParabellumLite
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April 11, 2014, 11:03:43 AM

oh my my.

so many desparate bulls trapped. praying for 500 to cut your losses?

Who are you talking to, exactly? There are tons more of trapped bears atm, just look at the trollbox and see how much butthurt people panic sold 350-370'ish and praying for the "re-test"

Anyone who bought below 400 is doing fine

Not to quick: the situation remains very ambigious. We haven't rallied out of this low yet. I believe that only daytraders have brought the price back up again with a few dozen dollars. The average Joe is not buying in these situations.

Sure, but the difference is that anyone who bought below 400 can get out now if they want, but if you did panic sell near bottom you are glued to your screen hoping for a crash to rebuy

Oh no. I won't even touch Bitcoin if it falls back to double digits. I believe that many hoarders are sitting back now and thinking about what they really have.
Miz4r
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April 11, 2014, 11:09:01 AM

Last year's reversal was so clean. Suddenly it turned bull. Just like that. Everyone knew. In a second the bear market was just over.

Why is it being to fudge-y this time? Come on bulls! Bitcoin is teh future!!1

Last year's reversal was far from clean, bears in denial kept showing their bear charts for months after the reversal had already happened. Only after the Silk Road flash crash and the quick price recovery the bears started to lose their confidence.

By the way, nice inverse head and shoulders forming on the 15m chart right now. Target $470-472 in 2-3 days. Smiley
TERA
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April 11, 2014, 11:10:00 AM

I think bitcoin hoarders should be featured in an episode of hoarders in a house with a bunch of junk and roaches.
magicmexican
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April 11, 2014, 11:11:25 AM

I think bitcoin hoarders should be featured in an episode of hoarders in a house with a bunch of junk and roaches.

You must be the fun person to hang around with
dreamspark
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April 11, 2014, 11:11:48 AM

Perfect shorting spot if you managed to buy in the mid $300's
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