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

[Dotto]

In the meanwhile, LTC flashcrashing to 4.85 and no obvious rebound... you need have stainless steel balls to keep hodling that bag

[adamstgBit]

In the meanwhile, LTC flashcrashing to 4.85 and no obvious rebound... you need have stainless steel balls to keep hodling that bag

i bought some yesterday  

very sad now...

 

[ImI]

In the meanwhile, LTC flashcrashing to 4.85 and no obvious rebound... you need have stainless steel balls to keep hodling that bag

and it has still a marketcap of 180Mio$. some way to go for ltc imo.

[kireinaha]

It is quite easy to be a bitcoin bear in 2014, none of you can deny that. We're almost finished with this year and it has been nothing but down, sideways, down, sideways, down, sideways, up (slightly), sideways, down, sideways, down...

What did Carl Sagon say about insanity? "Doing the same thing over and over again and expecting different results."

If you're not a bear right now, then I'm sorry, but you're just insane.

That quote is from Sigmund Freud... heard of him?

And, yes... get a grip on the bigger picture.. 2014 is 7/12th's completed.. or 7.5/12ths or 15/24ths... or 5/8ths complete..   

Even if this happens to be an overall "down" year for bitcoin, so fucking what?

Sigmund Freud may have said it, but it was originally spoken by Mr. Carl Sagan.

2014 has been one hell of a bad year for bitcoin. It's going to be harder than ever now to convince my friends to invest in an asset that has been decreasing in value steadily for almost a year. I think at this point any potential investor who looks at a long term graph is thinking... "OK, where else can I put my money?"

Sorry guys I'm not trying to "troll" you all, but you've got to admit this shit looks bad.

[beetcoin]

It is quite easy to be a bitcoin bear in 2014, none of you can deny that. We're almost finished with this year and it has been nothing but down, sideways, down, sideways, down, sideways, up (slightly), sideways, down, sideways, down...

What did Carl Sagon say about insanity? "Doing the same thing over and over again and expecting different results."

If you're not a bear right now, then I'm sorry, but you're just insane.

That quote is from Sigmund Freud... heard of him?

And, yes... get a grip on the bigger picture.. 2014 is 7/12th's completed.. or 7.5/12ths or 15/24ths... or 5/8ths complete..   

Even if this happens to be an overall "down" year for bitcoin, so fucking what?

Sigmund Freud may have said it, but it was originally spoken by Mr. Carl Sagan.

2014 has been one hell of a bad year for bitcoin. It's going to be harder than ever now to convince my friends to invest in an asset that has been decreasing in value steadily for almost a year. I think at this point any potential investor who looks at a long term graph is thinking... "OK, where else can I put my money?"

Sorry guys I'm not trying to "troll" you all, but you've got to admit this shit looks bad.

sigmund freud died in 1939. carl sagan was born in 1934. i doubt 5 year old carl sagan coined it.

[Brewins]

Now we are in a interesting moment.

We just broke the short term floor conquered after we hit the 550's and bounced back. If we go below the 560 for any significative ammount of time, according to the 12 hours graph, we will go down and I don't know were are we expected to stop - maybe somewhere in the 400's?

So I would not risk to be caught with bitcoins when there is a good chance you sleep and wake up with an unpleasant surprise, so I say we are bearish, not because I believe we will see a fall, but because I think it is not worth the risk bet on a rise.

[empowering]

It is quite easy to be a bitcoin bear in 2014, none of you can deny that. We're almost finished with this year and it has been nothing but down, sideways, down, sideways, down, sideways, up (slightly), sideways, down, sideways, down...

What did Carl Sagon say about insanity? "Doing the same thing over and over again and expecting different results."

If you're not a bear right now, then I'm sorry, but you're just insane.

That quote is from Sigmund Freud... heard of him?

And, yes... get a grip on the bigger picture.. 2014 is 7/12th's completed.. or 7.5/12ths or 15/24ths... or 5/8ths complete..   

Even if this happens to be an overall "down" year for bitcoin, so fucking what?

Sigmund Freud may have said it, but it was originally spoken by Mr. Carl Sagan.

2014 has been one hell of a bad year for bitcoin. It's going to be harder than ever now to convince my friends to invest in an asset that has been decreasing in value steadily for almost a year. I think at this point any potential investor who looks at a long term graph is thinking... "OK, where else can I put my money?"

Sorry guys I'm not trying to "troll" you all, but you've got to admit this shit looks bad.

meh - wrong on BOTH counts.

Also neither Sagan, nor Sigmund Fraud, nor Einstein nor Franklin nor Twain nor Rita Mae Brown are attributed with having coined the phrase... they have all been "debunked" as misattributions. The first ""agreed" printed example is from a 1979 narcotics anonymous booklet.

[kireinaha]

sigmund freud died in 1939. carl sagan was born in 1934. i doubt 5 year old carl sagan coined it.

Maybe he time traveled in the "ship of the imagination" and said it before Sigmund

[empowering]

and it still was not fricken Sagan or Fraud .. and saying it over and over again and expecting a different answer is ...  oh nevermind

 

[falllling]

Now we are in a interesting moment.

We just broke the short term floor conquered after we hit the 550's and bounced back. If we go below the 560 for any significative ammount of time, according to the 12 hours graph, we will go down and I don't know were are we expected to stop - maybe somewhere in the 400's?

So I would not risk to be caught with bitcoins when there is a good chance you sleep and wake up with an unpleasant surprise, so I say we are bearish, not because I believe we will see a fall, but because I think it is not worth the risk bet on a rise.

i told you bitcoin is going to nowhere but down! a big crash incoming!
there is no raise, you can only see drops following drops and final capitulation crash

[ChartBuddy]

Explanation

[hyphymikey]

It is quite easy to be a bitcoin bear in 2014, none of you can deny that. We're almost finished with this year and it has been nothing but down, sideways, down, sideways, down, sideways, up (slightly), sideways, down, sideways, down...

What did Carl Sagon say about insanity? "Doing the same thing over and over again and expecting different results."

If you're not a bear right now, then I'm sorry, but you're just insane.

No, you are just weak.

[TheJuice]

It is quite easy to be a bitcoin bear in 2014, none of you can deny that. We're almost finished with this year and it has been nothing but down, sideways, down, sideways, down, sideways, up (slightly), sideways, down, sideways, down...

What did Carl Sagon say about insanity? "Doing the same thing over and over again and expecting different results."

If you're not a bear right now, then I'm sorry, but you're just insane.

Wasn't that einstein? Not sagon.

But nothing is the same. We are up 400% over the past year.

[hyphymikey]

Why do these sellers want my overinflated fiat so bad?

[falllling]

Why do these sellers want my overinflated fiat so bad?

because bitcoin is over-price even more

[hmmmstrange]

We either bounce off 560 or we're going down to 420 again. So if you want 420 coins, you are going to have to dump hard now.

[saddambitcoin]

It is quite easy to be a bitcoin bear in 2014, none of you can deny that. We're almost finished with this year and it has been nothing but down, sideways, down, sideways, down, sideways, up (slightly), sideways, down, sideways, down...

What did Carl Sagon say about insanity? "Doing the same thing over and over again and expecting different results."

If you're not a bear right now, then I'm sorry, but you're just insane.

That quote is from Sigmund Freud... heard of him?

And, yes... get a grip on the bigger picture.. 2014 is 7/12th's completed.. or 7.5/12ths or 15/24ths... or 5/8ths complete..   

Even if this happens to be an overall "down" year for bitcoin, so fucking what?

Sigmund Freud may have said it, but it was originally spoken by Mr. Carl Sagan.

2014 has been one hell of a bad year for bitcoin. It's going to be harder than ever now to convince my friends to invest in an asset that has been decreasing in value steadily for almost a year. I think at this point any potential investor who looks at a long term graph is thinking... "OK, where else can I put my money?"

Sorry guys I'm not trying to "troll" you all, but you've got to admit this shit looks bad.

Um, it only looks bad if you're looking at a really small timeframe?

Overall trend is buy the *** out of it now...go long. $12,000 peak next

Longer the price goes sideways the bigger the peak will be?  Have some heart!

[ShroomsKit]

It is quite easy to be a bitcoin bear in 2014, none of you can deny that. We're almost finished with this year and it has been nothing but down, sideways, down, sideways, down, sideways, up (slightly), sideways, down, sideways, down...

What did Carl Sagon say about insanity? "Doing the same thing over and over again and expecting different results."

If you're not a bear right now, then I'm sorry, but you're just insane.

That quote is from Sigmund Freud... heard of him?

And, yes... get a grip on the bigger picture.. 2014 is 7/12th's completed.. or 7.5/12ths or 15/24ths... or 5/8ths complete..  

Even if this happens to be an overall "down" year for bitcoin, so fucking what?

Sigmund Freud may have said it, but it was originally spoken by Mr. Carl Sagan.

2014 has been one hell of a bad year for bitcoin. It's going to be harder than ever now to convince my friends to invest in an asset that has been decreasing in value steadily for almost a year. I think at this point any potential investor who looks at a long term graph is thinking... "OK, where else can I put my money?"

Sorry guys I'm not trying to "troll" you all, but you've got to admit this shit looks bad.

Um, it only looks bad if you're looking at a really small timeframe?

Overall trend is buy the *** out of it now...go long. $12,000 peak next

Longer the price goes sideways the bigger the peak will be?  Have some heart!

8 months is a very long timeframe. Stop the nonsense about a really small timeframe.
Also there is no overall trend to buy the *** out of it. People are dumping. That's the overall trend.

He is right. It simply looks very bad. There is no way you can talk this right.
It isn't bullish. It isn't a great time to buy.
It's bad.

[vuduchyld]

Why do these sellers want my overinflated fiat so bad?

because bitcoin is over-price even more

Short-term, where is this thing going to turn?  Your last three predictions have been very close to short-term bottoms...basically the price stopped falllling about 2% from where you thought it would, then shot up, at least temporarily.

[vuduchyld]

He is right. It simply looks very bad. There is no way you can talk this right.
It isn't bullish. It isn't a great time to buy.
It's bad.

Ding ding ding!  We have a strong buy indicator!  567 on Stamp!