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

[koryu]

this is a great buying opportunity for those who missed the bottom.

[seleme]

What is the news from China?  I don't see anything other than a new ATM...

China farted, Bitcoin got heavy disease. Incurable unless the virus is removed.

[niothor]

What is the news from China?  I don't see anything other than a new ATM...

Tell me when we really had a good translation of a real news from China ?

But every article that quotes bitcoin from China , no matter the rest is driving the price down lately. It was funny first but now is annoying.

I'm almost tempted to write a fake article about China banning Bitcoin ATMs or something and publish it on a random site to see how much it hurts the market. But nah, I'm not quite that mean.

Well a few tweets killed morgan freeman twice.
The same happened to bon jovi and even wikipedia declared him death.

And millions believed it.

Go ahead , even if you don't do it , somebody else will do it.

[JorgeStolfi]

Some people already predicted that bad news from China would pop up anytime soon.

Yes.

[lemonte]

What is the news from China?  I don't see anything other than a new ATM...

Tell me when we really had a good translation of a real news from China ?

But every article that quotes bitcoin from China , no matter the rest is driving the price down lately. It was funny first but now is annoying.

Agree with you. Just trying to speak to Huobi's support now to see if they will explain the article.

[seleme]

this is a great buying opportunity for those who missed the bottom.

you can buy my coins too 

[koryu]

this is a great buying opportunity for those who missed the bottom.

you can buy my coins too 

no fiat left, spend it all on 400$ coins

[ShroomsKit]

I don't think this rumor will cause drop anymore. The weak hands have already sold...many times.

To other weak hands. I wish people would stop saying the weak hands dissapeared. I've been reading this since day one and yet all i see are weak hands selling every single time.

[seleme]

this is a great buying opportunity for those who missed the bottom.

you can buy my coins too 

no fiat left, spend it all on 400$ coins

you can use that you got for selling at 545 

[Meridius]

How you can short with btc-e metatrader?

[koryu]

this is a great buying opportunity for those who missed the bottom.

you can buy my coins too 

no fiat left, spend it all on 400$ coins

you can use that you got for selling at 545 

i didnt sell any yet, specially not because of some random news website from china  
i would start worry when we go below 440$

[podyx]

putting sell orders on 520 and buy orders on 435

Considering selling right here...

Was expecting consolidation a few days around 500 before we went 520 though..

[mmitech]

Mtgox fucked up, after the bankruptcy protection they are filling for liquidation, so I guess they couldnt get the lost 650K BTC that they've thought it was recoverable....

http://www.reuters.com/article/2014/04/16/us-bitcoin-mtgox-idUSBREA3F09U20140416


I guess this makes your Bitcoin more valuable....

[joburgtaxi]

China news !!! Nothing to see here people, price is retracing up again. Looks like people are becoming more immune to this weekly bullshit.

[nanobrain]

I'm a dude. I can't afford to make decisions based on feelings. I have to make decisions based on reason.

No, that's just the sexual politics you've been brought up with.

If you were a dude hunting sabre-tooth tiger and you felt the feelings you are having now you would act on them and avoid being eaten by some large nasty creature.  That's how we managed to survive and evolve.

Emotional intelligence has nothing to do with being a man or a woman.  Listen and acknowledge what your instinct is telling you and add it to the mix when decision making: if it helps, this is the sort of advice survivalists, criminologists, even the military etc provide for situations when 'data' is insufficient.

We have evolved all sorts of instincts that were helpful in more primitive environments but harmful now. For example we are hungry too often and tend to over eat. I think you have sexual politics backwards. We are expected to suppress natural masculine behavior more and more in modern society. You subtly imply that I'm sexist for even saying their are masculine traits such as the tendency to act less on emotion that women do.  Men and women have brains that are wired differently. The two hemispheres in males are less interconnected than with females. It's one reason why there are no women chess champions.

You are sexist...we've been over that before

But what I'm saying here has nothing to do with the sexes either political or anatomical.  I'm talking about modes of thinking, and the fact you want to base your decision making on simply 'data available'; but there are other types of 'intelligence' to draw on including your instincts.

I agree about hunger but I don't agree about suppressing male instincts.  I read this over and over here about basing decisions on 'platonic logic' and how only men can do this (supposedly) but you have other modes of intelligence to draw upon when making decisions/assessing risks. I was urging you to embrace those instincts rather than doubt them; there's nothing 'wussy' or gay about it, they may give you the edge.

And as it was. You were right, you couldn't put your finger on it but you were.

PS perhaps read Blink by Malcolm Gladwell, he labours the point somewhat but the point is valid (sometimes you just know)

peace etc

[ChartBuddy]

Explanation

[TERA]

Now that new bad china news has cancelled out with the good china news, what we are left with is a +60% rally that is very overbought and needs a correction.

[ChrisML]

Mtgox fucked up, after the bankruptcy protection they are filling for liquidation, so I guess they couldnt get the lost 650K BTC that they've thought it was recoverable....

http://www.reuters.com/article/2014/04/16/us-bitcoin-mtgox-idUSBREA3F09U20140416


I guess this makes your Bitcoin more valuable....

Indeed. MTGOX is officialy gone this time, yes, it really is.

Lets move on. Bubye.

[seleme]

Come on TERA, come to EToro, trade some forex and stocks, need someone to follow there until I learn the game 

[Tyson95]

I close a position at a loss and then it goes back up, if I would have rode it out it would have gone down further and my ass would have been margin called. Can't win this sucks