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

[byronbb]

Lol the bitcoin market is so irrational.

[Richy_T]

Explanation

The green is about to title wave the red

Depth down a lot.

[shmadz]

Stamp 586
Huobi 614

pretty sick

Shouldn't arbitrage be eating that wall away?

Unless there are some real problems at stamp... have you seen the requirements for stamp accounts lately?


but yeah, it's not only that. I blame the legacy banking system for the current inefficiencies in the market.

I wish someone on a TV interview, when asked that dreaded question "but the volatility..." would just get up out of his chair and yell into the camera.

"If you stupid looters would just let us do our business in peace, we could effectively arbitrage the system and absorb shocks and provide stability.

We are only being held back by your interference!"

[hyphymikey]

Now that we are in reverse it is only a matter of time before someone arbs by buying up all the cheap coins on stamp and dump on the higher exchanges. Equilibrium looks above 600 as of now.

[ChartBuddy]

Explanation

[seleme]

Let's each of us double spend our fiat 

[boumalo]

Now that we are in reverse it is only a matter of time before someone arbs by buying up all the cheap coins on stamp and dump on the higher exchanges. Equilibrium looks above 600 as of now.

You would think someone would do that but the market is going down so it is risky

585$ on Bistamp and it went down as low as 569$

[Wolf Rainer]

We will hit 600 and then another dump down to 550.

[vortex1878]

Now that we are in reverse it is only a matter of time before someone arbs by buying up all the cheap coins on stamp and dump on the higher exchanges. Equilibrium looks above 600 as of now.

You would think someone would do that but the market is going down so it is risky

585$ on Bistamp and it went down as low as 569$

It went down to 550$ on Stamp. Are you blind or a retard?

[Post-Cosmic]

This volume, it's what we've all been asking for.
ARE YOU NOT ENTERTAINED?

 Indeed, all I was missing this afternoon to enjoy this gigantic red dildo of doom was some popcorn, & for my BTC balance to be inside BFX instead of, you know, MPal, where :

1] [SPA] (80-1000% every minute 2 days ago it's not a joke go check it out I tripled my acct that night..) ;
2] [ITC] (~60% up & down continuously) ;
3] [ENC] (35-50% buying the dips) ;

 ..as well as VRC, XC, DRK & CINNI's price explosions make BTC's look like a pathetic elderly quadriplegic's attempts at exertion, honestly =/

[adamstgBit]

http://youtu.be/u5q0JVDOxpo

[JayJuanGee]

2014 will be a brutal year for the price.

When these coins get sold, many of the people who buy them will sell as many as they need to get their initial $USD investment back.

During the next rally probably..

There will be a surplus supply and shortage in demand.

So much speculation.. in the above post.... it's like a house of cards, remove one and poof.. the house is gone.

[niothor]

This volume, it's what we've all been asking for.
ARE YOU NOT ENTERTAINED?

 Indeed, all I was missing this afternoon to enjoy this gigantic red dildo of doom was some popcorn, & for my BTC balance to be inside BFX instead of, you know, MPal, where :

1] [SPA] (80-1000% every minute 2 days ago it's not a joke go check it out I tripled my acct that night..) ;
2] [ITC] (~60% up & down continuously) ;
3] [ENC] (35-50% buying the dips) ;

 ..as well as VRC, XC, DRK & CINNI's price explosions make BTC's look like a pathetic elderly quadriplegic's attempts at exertion, honestly =/

Spaincoin/Bitcoin

24 HR VOLUME
11.537 BTC

ITC/BTC
24 HR VOLUME
3.209 BTC

ENC
24 HR VOLUME
11.731 BTC

kids playing


exchange      volume %         volume     ฿   last price
Bitfinex   38.64%   29,661.45   0.606 USD
Bitstamp   35.55%   27,290.39   0.580 USD
BTC-e   19.90%   15,273.24   0.589 USD

[JayJuanGee]

I'm waiting 540 to buy back.

Haha. Told you.

You said this when price was 570(may 29th), are you fucking retarded or something? lol

Some posters go through extensive leaps of logic to attempt to proclaim that they were right with some kind of random prediction... Maybe there is some innate need for people to feel like they were right?   

On the other hand, maybe Pandacoin is retarded?    lol.... 

[pjviitas]

Anyone guessing where the bottom is to this downtrend?

[JayJuanGee]

555 is the new 666

Yeah... some random number that peeps attempt to give more significance than it deserves...   such religiousity!!!

[Walsoraj]

I would express my opinion on today's events, but adam has resorted to deleting my bearish posts.  So, I must deprive you all of the pleasure.

[shmadz]

Anyone guessing where the bottom is to this downtrend?

I can only guess, but I thought this pic was interesting.



it looks on the visible bid depth that there's no real support until 3600 or 3650.

what are the chances that there is a huge-ass hidden chinese wall at 3700?

I think down is done.

[adamstgBit]

Prepare for glory!

[JayJuanGee]

fuck i gata buy!

 brb

How many coins you got, Adam?  I would've thunk that you had thousands of coins, already.   and you would have largely bought back in in the lower $400s, if NOT lower.