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

[akujin]

Let's go! 

[madmat]

Longterm support line about to be broken soonish. Buy orders set around 150-280$!
Good luck everyone!

I would love to, but i think we are waiting auction news and then price will skyrockets.

[molecular]

Why is still going down?

Because people are extremely scared. As soon as the price goes up someone will dump on it, Chinese FUD will be posted, a pool reaches 51% etc. There are people working non stop on trying to take the value of Bitcoin down and right now they control the market. Any hint of bad news atm and the sheep completely panic. A lot of the selling currently is because of "i better sell now before someone else sells". As always the idiots create their own problem. Of course this will change again but when...nobody knows.

That's how to milk sheep.

[CoinHamster]

[...]
A lot of the selling currently is because of "i better sell now before someone else sells".
[...]

Uhmm...
this time someone is dumping quite carefully on huobi
seems that they've both learned 
brave sheep
 

[spooderman]

yea sure, being Muslim is stupid

Just make sure you are directly connected to god, not via a middleman that can turn out to be a dominator.

God needs middle men. And money, lots of money.

Anyway, back to wall observation.

[molecular]

Why is still going down?

Because people are extremely scared. As soon as the price goes up someone will dump on it, Chinese FUD will be posted, a pool reaches 51% etc. There are people working non stop on trying to take the value of Bitcoin down and right now they control the market. Any hint of bad news atm and the sheep completely panic. A lot of the selling currently is because of "i better sell now before someone else sells". As always the idiots create their own problem. Of course this will change again but when...nobody knows.

There are people saying about price under 300 in few days, im afraid but im not going to sell. Im like the captain of a ship, if it goes down i will go down with it.

Same here. Not selling.

If it goes to crazy lows like under 300 (or even earlier), I'll consider moving some of my cash/gold back into bitcoin.

the ghash.io thing is scary, I can understand the paniccy pussies selling to an extent. But I have trust in the community to fix it. P2pool seems a good way. Once it offers low enough variance, people will flock to it. Kudos to the miners already switching. They are real men!

[fonzie]

Everyones reassures everyone that everything will be good. 

[spooderman]

Why is still going down?

Because people are extremely scared. As soon as the price goes up someone will dump on it, Chinese FUD will be posted, a pool reaches 51% etc. There are people working non stop on trying to take the value of Bitcoin down and right now they control the market. Any hint of bad news atm and the sheep completely panic. A lot of the selling currently is because of "i better sell now before someone else sells". As always the idiots create their own problem. Of course this will change again but when...nobody knows.

There are people saying about price under 300 in few days, im afraid but im not going to sell. Im like the captain of a ship, if it goes down i will go down with it.

Same here. Not selling.

If it goes to crazy lows like under 300 (or even earlier), I'll consider moving some of my cash/gold back into bitcoin.

the ghash.io thing is scary, I can understand the paniccy pussies selling to an extent. But I have trust in the community to fix it. P2pool seems a good way. Once it offers low enough variance, people will flock to it. Kudos to the miners already switching. They are real men!

My jalapeno means p2pool is impossible for me. So I use eligius. People should stop using Ghash on principle.

[ActionTaker]

Everyones reassures everyone that everything will be good. 

That's just typical herd behavior. I guess we're sheep after all  

[SFHere]

the ghash.io thing is scary, I can understand the paniccy pussies selling to an extent. But I have trust in the community to fix it. P2pool seems a good way. Once it offers low enough variance, people will flock to it. Kudos to the miners already switching. They are real men!

Seems like it is being fixed. I saw that ghash.io is down to 42%. Apparently someone is working on it.

[Parazyd]

Everyones reassures everyone that everything will be good.  

It probably will though, just not yet. Now we're below $560 again.

the ghash.io thing is scary, I can understand the paniccy pussies selling to an extent. But I have trust in the community to fix it. P2pool seems a good way. Once it offers low enough variance, people will flock to it. Kudos to the miners already switching. They are real men!

Seems like it is being fixed. I saw that ghash.io is down to 42%. Apparently someone is working on it.

Bitfury moved some over to Discus Fish. But that's still just a temp-fix.

[samsonn25]

Ema still going up.  $585 now

[ChartBuddy]

Explanation

[deadley]

Ema still going up.  $585 now

Bitstamp is 560, and taking breath so its better lets wait for tomorrow action.

[magicmexican]

Double bottom confirmed, huge enormous and juicy glorious pumps incoming, be prepared

[Parazyd]

Double bottom confirmed, huge enormous and juicy glorious pumps incoming, be prepared

What's exactly a double bottom? I've seen people having different explanations for it.

[dgarcia]

Double bottom confirmed, huge enormous and juicy glorious pumps incoming, be prepared

What's exactly a double bottom? I've seen people having different explanations for it.

http://i.investopedia.com/inv/dictionary/terms/Doublebottom.gif

Seems more like a wish to me, seeing a double bottom reversal.

[boumalo]

the ghash.io thing is scary, I can understand the paniccy pussies selling to an extent. But I have trust in the community to fix it. P2pool seems a good way. Once it offers low enough variance, people will flock to it. Kudos to the miners already switching. They are real men!

Seems like it is being fixed. I saw that ghash.io is down to 42%. Apparently someone is working on it.

The 51% attack is probably not a problem and the Silk Road bitcoins returning on the market don't change the potential of the protocole and the upcoming appreciation in price that will come as the USD tanks and the western financial system goes into pieces

[Wolf Rainer]

Double bottom confirmed, huge enormous and juicy glorious pumps incoming, be prepared

Can you show me where´s the doble bottom in the BTC chart?

[flynn]

Double Bottom