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

[ChartBuddy]

Explanation

[silverfuture]

Despite what some said before this is not old news, it is likely to have a significant effect toward adoption levels.

http://finance.yahoo.com/news/iphone-no-longer-barrier-bitcoin-193758174.html

Disclosure: At the time of this writing David Smith has a long bitcoin position

[spooderman]

Come on, one more spike down so I can get me some moar.

This FBI thing is NOTHING to be scared about. I consider it bullish, but I consider everything BTC related bullish due to the fact that IT'S BITCOIN and ANTI-FRAGILE.

[Krabby]

Come on, one more spike down so I can get me some moar.

This FBI thing is NOTHING to be scared about. I consider it bullish, but I consider everything BTC related bullish due to the fact that IT'S BITCOIN and ANTI-FRAGILE.

Well technically it will increase supply, which could be bearish.

[Sandia]

Objectively, what are our chances of going lower?  I can throw in some fiat and buy some coins, but this is probably the last time I will be buying for 6 months or a year.  Ignoring the trolls, is there a legitimate chance of hitting $500?

[damnek]

Come on, one more spike down so I can get me some moar.

This FBI thing is NOTHING to be scared about. I consider it bullish, but I consider everything BTC related bullish due to the fact that IT'S BITCOIN and ANTI-FRAGILE.

I think the main fear is that this auction is to test the waters for the sale of the 144k or so coins from SR

[shmadz]

Objectively, what are our chances of going lower? 

objectively? about 50/50.

[ChartBuddy]

Explanation

[magicmexican]

Objectively, what are our chances of going lower?  I can throw in some fiat and buy some coins, but this is probably the last time I will be buying for 6 months or a year.  Ignoring the trolls, is there a legitimate chance of hitting $500?

500$? i would say 25%
525$? 45%

Thats my delusional permabullish opinion

[bangersdad]

so little volume i guess we are going lower...seems to be very little support and buying going on at these prices....but 9.5/10 i am wrong so who knows..decided i should give up trying to daytrade as i always seem to make the wrong call and losing my stash.....glad i hedged for monero yesterday its been doing better than btc...

[magicmexican]

my blind prediction based on absolutely nothing :

[jl2012]

Bears please try harder. SecondMarket will bid the FBI coins: http://newsbtc.com/2014/06/14/bitcoin-trust-secondmarket-btc-trading-desk-bid-u-s-marshals-bitcoin-auction/

[conspirosphere.tk]

Winner in the quest for value. Some very rich men, who have more than enough to live very well, have said that the work and the drive to have more becomes an obsession. But you don't have to enroll in that quest. You say there are other things more valuable, and I agree.

one might argue that winning is to enjoy life and die bankrupt and submerged in unrepayable debt. That is what the boomers did loading bizarre amounts of 'public' debt on the following generations democratically and without even asking in western countries at least -and that just playing ball with the debt-money scam.  In biblical times they were more honest selling their sons in slavery right away without horse's doses of keynesian b/s.

[eat_more_fruit]

I think the main fear is that this auction is to test the waters for the sale of the 144k or so coins from SR

There is a difference between the coins that were left unsecured in seized SR servers, and DPR's coins. The US cannot put the latter on sale unless a) DPR is convicted of a crime and has exhausted his appeals, b) he voluntarily surrenders his private keys.

[Globb0]

Those auction coins seem to be going into some big chunks   

[akujin]

Pump time! 

[maok]

Objectively, what are our chances of going lower?  I can throw in some fiat and buy some coins, but this is probably the last time I will be buying for 6 months or a year.  Ignoring the trolls, is there a legitimate chance of hitting $500?

This started with some well planned strategy in order to get the USMS coins cheaper, in the meantime some weak hands folded and made the price drop with another $40-$50 so at this moment I doubt there are many other skittish players out there.
The majority of us know that with all the innovation and business that started around bitcoin this year will make the price go up but there's always a risk of some weak hands to show up if the price drops to $500 which will make the price drop even further and stabilize around $300-$400 which will be a great time to be bully. But then again if there aren't any skittish ones left out there this might be the last time we'll see this price so its a tough call whether to be bully now or wait for the chickens to show their true color, if there are any left. Don't take anyone's advise, we're all clueless so just make up your own mind.

[faalhaas]

https://img.4plebs.org/boards/pol/image/1385/75/1385753810661.gif

[CoinHamster]

panic-buying 
fill your bags!
 

[Mythul]

LOL High res Doge astronaut !!!!