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

[justusranvier]

bitcoin is going to end soon, you have to let go

No, you can't have my coins. Get your own.

[Newbie1022]

I like how all of the bagholders are calling people who sold are were liquidated out of their longs scumbags and saying they are weak for not taking a 10 to 15% haircut... but the volume is at like 65 per fifteen minutes or less on Stamp and mostly towards the negative side. If they really believe their own bulls--- why aren't they buying?

Riddle me that one Batman? And I even think the price is a bit of a bargain right now on its face, but these jokers are berating people because the are holding rotting bags but they refuse to buy more.

[blatchcorn]

I like how all of the bagholders are calling people who sold are were liquidated out of their longs scumbags and saying they are weak for not taking a 10 to 15% haircut... but the volume is at like 65 per fifteen minutes or less on Stamp and mostly towards the negative side. If they really believe their own bulls--- why aren't they buying?

Riddle me that one Batman? And I even think the price is a bit of a bargain right now on its face, but these jokers are berating people because the are holding rotting bags but they refuse to buy more.

How do you know whether they are buying or selling?

[Newbie1022]

Maybe the price is going down because too much of the Bitcoin infrastructure is in the US and it looks like a civil war just started.

Partially... more likely though there is a twelve year old kid who got rich a few years ago who is bored because its summer vacation and he has nobody to hang out with. Hence, he is exerting his will over the masses solely for entertainment. Nobody knows how long the 12-year-old kid will continue to ruin their lives and how many more coins he can go through.

This is my working theory.

[Newbie1022]

I like how all of the bagholders are calling people who sold are were liquidated out of their longs scumbags and saying they are weak for not taking a 10 to 15% haircut... but the volume is at like 65 per fifteen minutes or less on Stamp and mostly towards the negative side. If they really believe their own bulls--- why aren't they buying?

Riddle me that one Batman? And I even think the price is a bit of a bargain right now on its face, but these jokers are berating people because the are holding rotting bags but they refuse to buy more.

How do you know whether they are buying or selling?

Look at the Market... Bitstamp has no volume. What I say is if you aren't a hypocrite and you think this is such a good price and everybody is terrible for not taking a haircut... then go and buy... buy 'em all. F---ing go for the gusto. Otherwise, you are, in their words, a "coward." Bunch of hypocrites.

[blatchcorn]

I like how all of the bagholders are calling people who sold are were liquidated out of their longs scumbags and saying they are weak for not taking a 10 to 15% haircut... but the volume is at like 65 per fifteen minutes or less on Stamp and mostly towards the negative side. If they really believe their own bulls--- why aren't they buying?

Riddle me that one Batman? And I even think the price is a bit of a bargain right now on its face, but these jokers are berating people because the are holding rotting bags but they refuse to buy more.

How do you know whether they are buying or selling?

Look at the Market... Bitstamp has no volume. What I say is if you aren't a hypocrite and you think this is such a good price and everybody is terrible for not taking a haircut... then go and buy... buy 'em all. F---ing go for the gusto. Otherwise, you are, in their words, a "coward." Bunch of hypocrites.

We aren't all whales around here.  There are people buying, but that is going to do nothing to influence the price

[Newbie1022]

Hell, I double dog dare people to start selling their houses and cars and buy more coins at this price... go for it. Otherwise, the uber-Bulls will call you a coward and a scumbag.

[Newbie1022]

I like how all of the bagholders are calling people who sold are were liquidated out of their longs scumbags and saying they are weak for not taking a 10 to 15% haircut... but the volume is at like 65 per fifteen minutes or less on Stamp and mostly towards the negative side. If they really believe their own bulls--- why aren't they buying?

Riddle me that one Batman? And I even think the price is a bit of a bargain right now on its face, but these jokers are berating people because the are holding rotting bags but they refuse to buy more.

How do you know whether they are buying or selling?

Look at the Market... Bitstamp has no volume. What I say is if you aren't a hypocrite and you think this is such a good price and everybody is terrible for not taking a haircut... then go and buy... buy 'em all. F---ing go for the gusto. Otherwise, you are, in their words, a "coward." Bunch of hypocrites.

We aren't all whales around here.  There are people buying, but that is going to do nothing to influence the price

If everyone who leveled a complaint about others even owned an average of 1 coin and they were all stocking up then we'd be at about $1,000 right now. I am simply pointing out that there are a bunch of hypocritical bastards who won't put their money where there mouth is. And, maybe if they did... the market would turn for them and they wouldn't have to complain in the first place.

[JayJuanGee]

Maybe the price is going down because too much of the Bitcoin infrastructure is in the US and it looks like a civil war just started.

Wouldn't a civil war cause BTC prices to go up?  Even the appearance of such?

[samsonn25]

Yes. Yes. And yes

We should respect the position of pawns  in the big game.

[ChartBuddy]

Explanation

[justusranvier]

Wouldn't a civil war cause BTC prices to go up?  Even the appearance of such?

Apparently not, because it's happening right now.

[derpinheimer]

Looks like a new low is coming. Asks rising on bitstamp, bids (being pulled)

[Newbie1022]

Looks like a new low is coming. Asks rising on bitstamp, bids (being pulled)

Yup... another wave cometh!!!! If the chart rings true, it should be a lighter wave than the last few... we have identical chairs on the chart that are shrinking in size.

[nioc]

To me it looks like sideways for a little while.  Nothing happening till Sept.

[TeeBone]

Looks like a new low is coming. Asks rising on bitstamp, bids (being pulled)

Yep, 520 is a peice of cake. We'll be seeing 460-480 by this weekend, if not tonight.

[dmiceman]

Wouldn't a civil war cause BTC prices to go up?  Even the appearance of such?

Apparently not, because it's happening right now.

What it all about? Have I miss something?

[nioc]

Since I'm clueless would you people please tell me what this means?

http://cryptocoinchronicle.com/2014/08/coinsetter-becomes-first-bitcoin-exchange-fix-api-access/

[solex]

Since I'm clueless would you people please tell me what this means?

http://cryptocoinchronicle.com/2014/08/coinsetter-becomes-first-bitcoin-exchange-fix-api-access/

FIX is like JSON, but is more optimized, and was specially designed for financial transactions and instrument static data. It is used by all the major banks for client links, and most equities and derivatives exchanges offer it as well. A Bitcoin exchange offering a FIX interface makes them more attractive to mainstream institutions.

http://en.wikipedia.org/wiki/Financial_Information_eXchange

[ChartBuddy]

Explanation