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

[seleme]

We are at the mercy of chinese traders. They get the news firsthand and sets the Trend, some bots that follows CNY movements eats part of the cake.
That is why pricing has been unpredictable for westerners. And I am totally uncomfortable with that. Until Huobi/okcoin gets shut down by PBOC or move out of china, I'm keeping my Fiat out of this gamble.

Unfortunately, exactly that and I hate that, and that's why I am cooling from all this. If crypto wasn't so kinf to me and made mo so much money I'd just screw all of this.

They're doing whatever they want with us, Bitcoin is Chinese hostage.

[nanobrain]

I made so many bad decisions today it's not even funny. I can't fucking believe that I managed to lose some money on this drop to 340 and rise up instead of making a killing.

I'm in the same club. I took my principal away long time ago, but still! Almost half of my gains in coins since December have been wiped.

I don't think they were bad trades. Somebody with an enormous amount of fiat and coins made trades designed to crush small traders.  There are forces at work I don't understand and I'm not back in the market until I understand them.

It's not bad TA. My TA always sucked. I read a story about Doyle Brunsun folding a full house Aces over jacks because some betting was going on in the game he didn't understand. It turned out he made the right choice.

There seems to be massive insider trading. Not skimming. It seems like someone is trying to take it all, to corner the market. A market traded as thinly as Bitcoin (relative to market cap) is vulnerable.

Wow.  I'm not sure if your account has been hijacked.

Your recent posts have been humble, patient and intelligent; you may have lost some 'money' (don't worry, there will always come some more) but BTC trading seems to have invested you with rewards far more valuable than mere trinkets.

If there was a recommend button, I'd be clicking it

[Hypnoise]

Wedge closing in Huobi just about now. It's a game of musical chairs and the music is stopping. Short or long?

buy&wait

[TERA]

More likely it's the media doing manipulation rather than PBOC and these weird chinese news sources are being paid by bitcoiners to post fake, modified, misleading, or mistranslated articles, in order to perform insider daytrading. It's entirely possible the PBOC has said nothing at all since December and even in December the news might have been modified.

[FNG]

WTF...

Has anyone been watching the alt market it's going crazy. http://coinmarketcap.com/

Check out the "order by % change "

I'm not sure what to do?

Sitting in Vertcoin (VTC) and patiently waiting it's explosion.

[seleme]

WTF...

Has anyone been watching the alt market it's going crazy. http://coinmarketcap.com/

Check out the "order by % change "

I'm not sure what to do?

Sitting in Vertcoin (VTC) and patiently waiting it's explosion.

Not sure what you mean by explosion (though VTC has lot of space for it) but VTC had 200% pump the day scrypt ASICS were announced few weeks ago.

It's still a good buy, specially if BTC doesn't drop more.

[PoolMinor]

WTF...

Has anyone been watching the alt market it's going crazy. http://coinmarketcap.com/

Check out the "order by % change "

I'm not sure what to do?

I would use that site and order them by price, scroll down to the one that is twenty from the top and buy the shit out of it.

[FNG]

WTF...

Has anyone been watching the alt market it's going crazy. http://coinmarketcap.com/

Check out the "order by % change "

I'm not sure what to do?

Sitting in Vertcoin (VTC) and patiently waiting it's explosion.

Not sure what you mean by explosion (though VTC has lot of space for it) but VTC had 200% pump the day scrypt ASICS were announced few weeks ago.

It's still a good buy, specially if BTC doesn't drop more.

I was there  

I think VTC will easily go to the $20-30 million level short term. Long term prospects are a lot higher imo.

[ShroomsKit_Disgrace]

WTF...

Has anyone been watching the alt market it's going crazy. http://coinmarketcap.com/

Check out the "order by % change "

I'm not sure what to do?

Sitting in Vertcoin (VTC) and patiently waiting it's explosion.

Not sure what you mean by explosion (though VTC has lot of space for it) but VTC had 200% pump the day scrypt ASICS were announced few weeks ago.

It's still a good buy, specially if BTC doesn't drop more.

I was there  

I think VTC will easily go to the $20-30 million level short term. Long term prospects are a lot higher imo.

Lol, you speak about "long term prospects" for the nth clone of BTC?? You must be kidding, or blind.

[gagalady]

The days of sub-$500 btc are over

lol not yet !

I believe bitcoin will be $520-$530 tomorrow

Just like i said yesterday 

[FNG]

WTF...

Has anyone been watching the alt market it's going crazy. http://coinmarketcap.com/

Check out the "order by % change "

I'm not sure what to do?

Sitting in Vertcoin (VTC) and patiently waiting it's explosion.

Not sure what you mean by explosion (though VTC has lot of space for it) but VTC had 200% pump the day scrypt ASICS were announced few weeks ago.

It's still a good buy, specially if BTC doesn't drop more.

I was there  

I think VTC will easily go to the $20-30 million level short term. Long term prospects are a lot higher imo.

Lol, you speak about "long term prospects" for the nth clone of BTC?? You must be kidding, or blind.

Foresight, my friend

[rudius]

Here we go. Chinese have already broken their exponential trendline. It s our turn. The fight will soon begin. Bitstamp and bitfinex are getting ready.

[cech4204a]

Here we go. Chinese have already broken their exponential trendline. It s our turn. The fight will soon begin. Bitstamp and bitfinex are getting ready.

Yeah, you may be right, but china is big, so their news might F??k us in the back again...hope not...

[FlyingLotus]

Holy smokes, this can't keep on going surely? Through 3400 now

[rudius]

Here we go. Chinese have already broken their exponential trendline. It s our turn. The fight will soon begin. Bitstamp and bitfinex are getting ready.

Yeah, you may be right, but china is big, so their news might F??k us in the back again...hope not...

They are surely manipulating the news and the price.

But they are now really hungry. Again they are leading the way for OUR exponential trendline... On huobi, the price is already 550.. We are just lagging behind. We will wake up too late.

[cech4204a]

Holy smokes, this can't keep on going surely? Through 3400 now

what are you smoking?

[TERA]

China is like Simon. Simon says Buy BTC. Simon says Sell BTC.

[rudius]

China is like Simon. Simon says Buy BTC. Simon says Sell BTC.

Well, they played us. Simon was buying when BTC-E decided to break the 400$ floor. Simon was shy at the time. It s just a frenzy now. I believe it will be like that till We are above 600$. Looks like a natural floor. We will rest there for a time.

[ChartBuddy]

Explanation

[TERA]

I wonder what Bitstamp knew when they posted all those 'to the moon' posts.  That a bunch of wires hit their accounts?