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

[Sandia]

For many of us, this will be the trade of the year.

[FNG]

Some big bids being placed

Hope someone forces them to chase

[hyphymikey]

Even if I bought 10K coins at $0.50 each, I would still feel like I'm wasting opportunities by selling them right now.

But thanks anyways, I'm buying.

[fonzie]

For many of us, this will be the trade of the year.

50$ move so far? Doubt that. But the next weeks promise to provide some volatility.Or did you mean that you just catched the bottom for this year @520-530$

[lay785]

choo choo!!! train is at full speed.

[FNG]

Some big bids being placed

Hope someone forces them to chase

nope. Crazy shit

Just checked....protocol still not broken

[ShroomsKit]

I bet those who bought cheap coins at 555 feel so good now!
Cheap coins people!

[Tzupy]

China is leading this drop, the Chinese bagholders have lost faith and are dumping big even without new FUD.
Must have realized that their digital tulip bulbs won't flourish as desired.

[findftp]

I want this crash to be on national television breaking news!
Then we will find the bottom of this fucker.

[biaforen24]

Anyone else making a killing shorting?

[mmitech]

the most fucked up at the moment are miners, an investor or a trader can close his position to cut his loses anytime, but miner will be stuck with a non profitable hardware that cant sell, above all of that he has to pay for mining costs (power, internet, maintenance, rent....)

[fonzie]

Anyone else making a killing shorting?

Time to close your shorts and take some profits!

[samsonn25]

I want this crash to be on national television breaking news!
Then we will find the bottom of this fucker.

I still remember when bitcoin was .05 cents and was selling on secondary market for .30 cents

[magicmexican]

I wont even feel anything unless it breaks 450

[findftp]

I want this crash to be on national television breaking news!
Then we will find the bottom of this fucker.

I still remember when bitcoin was .05 cents and was selling on secondary market for .30 cents

I would do anything to remember that, too bad I joined feb. 2013.

[Ultros]

the most fucked up at the moment are miners, an investor or a trader can close his position to cut his loses anytime, but miner will be stuck with a non profitable hardware that cant sell, above all of that he has to pay for mining costs (power, internet, maintenance, rent....)

But still the difficulty is rocketing, like the miners are still receiving ROI or at least plan to get some. I'd understand that a lot of naive individuals would fall in the trap last december, but how now? And what about the institutional miners? Do they sell at completely different prices OTM? That's the part I don't understand and that tickles my bullish organs.

[molecular]

bfx usd swaps down 30.2 -> 29.2 million
bfx btc swaps up 4.8 -> 5.1 k

(roughly)

not the big margin calls yet

[Wolf Rainer]

This is the end!

[ShroomsKit]

Look at all those people buying cheap coins

[N12]

Look at all those people buying cheap coins

You really are bitter, aren't you?