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

[beetcoin]

So.

When is this "small" correction going to end?

i don't know, but i'm still overall bullish.. i remember a good amount of corrections in the last run-up. i think everyone's appetite has been whet during these past quiet few months.

i thought $640 would be a nice base, guess not. Fucked right through it.

i don't know if i'm being delusional, but if i had money, i really thought that $400 would have been a good buying point.. but then again, i have no scientific or logical reason outside of my "feeling."

[ChartBuddy]

Explanation

[ChrisML]

Explanation

Why in the LIVING fuck is the price dropping.

LOOK AT IT. jesus. It should go up lmao. I want to put in long positions, CMMON BTC.

[fonzie]

Juicy 20 000 000$ in leveraged long positions on bitfinex with interest ~ 1% per day waitin to close.
Bid depth on Bitstamp is actually what? 10-12 million? 

[molecular]

Explanation

Why in the LIVING fuck is the price dropping.

LOOK AT IT. jesus. It should go up lmao. I want to put in long positions, CMMON BTC.

urm. Putting longs at lower prices seems preferrable to me.

[ShroomsKit]

Explanation

Why in the LIVING fuck is the price dropping.

LOOK AT IT. jesus. It should go up lmao. I want to put in long positions, CMMON BTC.

urm. Putting longs at lower prices seems preferrable to me.

We are at lower prices.

[gizmoh]

We are at lower prices.

I will wait for cheaper price under 550 seems OK.. Its bound to test 600 soonish..Yes shroomy i've seen the future 

[ShroomsKit]

We are at lower prices.

I will wait for cheaper price under 550 seems OK.. Its bound to test 600 soonish..Yes shroomy i've seen the future 

I'm happy for you.

[Elwar]

Looks like someone decided to cash out a large amount of bitcoins at once.

[David M]

Nicely played Bitcoin.

If we can hold around here for the rest of the week, I'm optimistic for the immediate future

http://bitcoincharts.com/charts/bitstampUSD#rg360zigWeeklyztgCzbgEza1gWMAzm1g13za2gWMAzm2g52zvzcv

My crystal ball predicts the great snake envelope

[hjunt]

Nice surprise right when I woke up, rpietila showing his mansion at the front page of Helsingin Sanomat, Finland's largest news papers:

http://www.hs.fi/ulkomaat/Suomalaismies+osti+kartanon+bitcoinilla/a1401596630456

http://hs13.snstatic.fi/webkuva/oletus/630/1305831619691?ts=269

From the article:
"34-year old Pietilä may be one of the few people who got rich with bitcoin before the virtual currency crashed in value" 

Also my first post here, been lurking tightly since the last bubble when I first learned about bitcoin and bought my first ones. Bought a little more this morning after reading the news. 

[YipYip]

We are at lower prices.

I will wait for cheaper price under 550 seems OK.. Its bound to test 600 soonish..Yes shroomy i've seen the future

Smokin da crack pipes ...

we can stay here all day it wont go below 600 ...toooo many whales invested in cheap-ish coinz ..no body want to kill this golden goose ...YET

Gotta feed it some more for the feast taht is 2k+ 

[ChartBuddy]

Explanation

[gizmoh]

This rally is all about momentum and technical chart break out, not huge inflow of $$$.  If not enough fiat gets in to support the price, we are bound to test some support lines as longs which are maxed out  will have to close before they get squeezed.

[ShroomsKit]

We are at lower prices.

I will wait for cheaper price under 550 seems OK.. Its bound to test 600 soonish..Yes shroomy i've seen the future

Smokin da crack pipes ...

we can stay here all day it wont go below 600 ...toooo many whales invested in cheap-ish coinz ..no body want to kill this golden goose ...YET

Gotta feed it some more for the feast taht is 2k+  

I see no reason for more dumping. Actually i would consider it stupid. But it's also far from impossible. We all know what kind of panicky sheep we're dealing with here. Both up and down.

[koryu]

We are at lower prices.

I will wait for cheaper price under 550 seems OK.. Its bound to test 600 soonish..Yes shroomy i've seen the future

Smokin da crack pipes ...

we can stay here all day it wont go below 600 ...toooo many whales invested in cheap-ish coinz ..no body want to kill this golden goose ...YET

Gotta feed it some more for the feast taht is 2k+  

I see no reason for more dumping. Actually i would consider it stupid. But it's also far from impossible. We all know what kind of panicky sheep we're dealing with here. Both up and down.

agree, as long as we are above 605$ we are still in the current uptrend. not the time to worry yet.

[Hunyadi]

Orderbook looks quite nice. I think we should go up again.

[Hunyadi]

Nice surprise right when I woke up, rpietila showing his mansion at the front page of Helsingin Sanomat, Finland's largest news papers:

http://www.hs.fi/ulkomaat/Suomalaismies+osti+kartanon+bitcoinilla/a1401596630456



From the article:
"34-year old Pietilä may be one of the few people who got rich with bitcoin before the virtual currency crashed in value" 

Also my first post here, been lurking tightly since the last bubble when I first learned about bitcoin and bought my first ones. Bought a little more this morning after reading the news. 

Would you buy a used car from this man? 

[prophetx]

Nice surprise right when I woke up, rpietila showing his mansion at the front page of Helsingin Sanomat, Finland's largest news papers:

http://www.hs.fi/ulkomaat/Suomalaismies+osti+kartanon+bitcoinilla/a1401596630456



From the article:
"34-year old Pietilä may be one of the few people who got rich with bitcoin before the virtual currency crashed in value"  

Also my first post here, been lurking tightly since the last bubble when I first learned about bitcoin and bought my first ones. Bought a little more this morning after reading the news.  

Would you buy a used car from this man?  

i've bought 3, they keep breaking down

[wachtwoord]

Nice piece of unbiased journalism. Oh wait, no ....