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

[Dotto]

weak hands gonna weak, some purges (corrections) from time to time are needed to vigor the market. Bye, bye, weakies... see you at the panic buy!  

[deadley]

weak hands gonna weak, some purges (corrections) from time to time are needed to vigor the market. Bye, bye, weakies... see you at the panic buy!  

There is no weak hands, whales manipulating the market becasue they are not seeing that market will going upwards so they are earning by dropping market and then again gaining momentum.

[600watt]

ok, europe pulled a "china-bans-bitcoin"

and price went down only a few bucks.


dear EBA, try harder next time


 

[magicmexican]

ye well, first it was China, then Russian, now EU.

USA is next ?

[falllling]

ok, europe pulled a "china-bans-bitcoin"
and price went down only a few bucks.
dear EBA, try harder next time
 

of couse they will, central banks have to do the ban step by step just like the China ban, more and more limits, at last bitcoin will be totally banned

[gizmoh]

Bye Bye Institutional Money  

http://www.coindesk.com/eba-financial-institutions-avoid-bitcoin-pending-regulation/

Will SEC follow EBA and reject Winkle's ETF  

[elebit]

I understand that  the aim of that regulation does not extend to that.  It only forbids banks (not their customers) from buying, selling, or investing in bitcoins.

Which isn't uncalled for. Banks are backed by the nation states, one way or the other, and they have to have bounds for their risk taking.

[dreamspark]

I understand that  the aim of that regulation does not extend to that.  It only forbids banks (not their customers) from buying, selling, or investing in bitcoins.

Which isn't uncalled for. Banks are backed by the nation states, one way or the other, and they have to have bounds for their risk taking.

Its just common sense isnt it. We've seen that bankers cant be trusted to not take insane risks with others money and the EBA is simply motioning towards making sure that digital currencies aren't one of the insane risks. The market doesn't seem to care that much as we've had the whole China fiasco to realise that its just to stop the banks themselves buying, selling and transacting. They cant stop the customers themselves, the difference is between this and China is its rather better communicated.

[ImI]

Bye Bye Institutional Money  

http://www.coindesk.com/eba-financial-institutions-avoid-bitcoin-pending-regulation/

Will SEC follow EBA and reject Winkle's ETF  

no, the US is much more open-minded when it comes to innovation and new opportunities than europe

[ChartBuddy]

Explanation

[FNG]

ye well, first it was China, then Russian, now EU.

USA is next ?

No. Not going to happen

$ support is nearly gone worldwide. Once dollar drops an enormous amount of value flows to gold

unless..the U.S makes a play on Crypto. If they don't, wealth flows east...soon.

only hope...yes, seriously

[magicmexican]

Huobi going for the dumps, i guess 600 will be tested very soon

[fonzie]

EBA and General Bitstamp declared the mission search & destroy aka deleverage Bitfinex as official. No hostages will be made!

[KFR]

http://www.theguardian.com/lifeandstyle/2013/oct/08/lamb-bacon-stew-nigel-slater

[Tzupy]

EBA and General Bitstamp declared the mission search & destroy aka deleverage Bitfinex as official. No hostages will be made!

No sign of that yet, $ swaps still at 28.7M$. And no significant rise in BTC swaps.

[JustBetweenUs]

Bye Bye Institutional Money  

http://www.coindesk.com/eba-financial-institutions-avoid-bitcoin-pending-regulation/

Will SEC follow EBA and reject Winkle's ETF  

from this article:

It continues: “This two-pronged approach will allow virtual currencies schemes to develop outside the financial services sector and will also allow financial institutions to maintain a current account relationship with businesses active in the field of virtual currencies."

This is like very good.

[fonzie]

EBA and General Bitstamp declared the mission search & destroy aka deleverage Bitfinex as official. No hostages will be made!

No sign of that yet, $ swaps still at 28.7M$. And no significant rise in BTC swaps.

Campaign hasn´t started until now, troops are currently getting ready + loaded. About to invade in the next 36h!

(maybe)

[ShroomsKit]

Who would've guessed. Best week ever. Nothing but amazing news.
One fuddish news article and down we go.

Seriously how are we ever supposed to go up again if amazing news does nothing and any slightly negative news and it's dump fest.

This current dumping was so expected. They were just waiting for an excuse. Really anything could've done it.
It's all about fear and panic. It's what everyone is waiting for. All day they hoover their finger over the sell button thinking "can i dump already". Then they read a headline "bank EU warning" and bam! Dump!

So sick of it.
I totally understand why new people are afraid to buy. They see that anything, really anything causes people to dump. I wouldn't buy at these levels. I wouldn't advise my friends to buy.

[Krabby]

Who would've guessed. Best week ever. Nothing but amazing news.
One fuddish news article and down we go.

Seriously how are we ever supposed to go up again if amazing news does nothing and any slightly negative news and it's dump fest.

This current dumping was so expected. They were just waiting for an excuse. Really anything could've done it.
It's all about fear and panic. It's what everyone is waiting for. All day they hoover their finger over the sell button thinking "can i dump already". Then they read a headline "bank EU warning" and bam! Dump!

So sick of it.
I totally understand why new people are afraid to buy. They see that anything, really anything causes people to dump. I wouldn't buy at these levels. I wouldn't advise my friends to buy.

We need to squeeze those longs, free some money up.

[Erdogan]

ye well, first it was China, then Russian, now EU.

USA is next ?

I welcome all government restrictions. Reminds people to not tell how many coins they have.