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

[derpinheimer]

https://twitter.com/Bitstamp/status/499468752833228800
https://twitter.com/Bitstamp/status/499145124279238657

Excellent 

[adamstgBit]

first time posting in speculation, many interesting predictions here lol.

but i voted hold, as I'm not too concerned with the price swings at this point in time (although i would love to see them higher obviously). i believe bitcoin is just entering it's first real growth stage, as so much investment capital is being poured into startups, potential ETF looming, large companies accepting btc, and a continually improving user experience to buy/sell/store/manage btc. i've invested money i can afford to lose, and intend to hold my btc in cold storage for at least a few years, unless there becomes a critical reason to abandon hope.

at which point market price will be 0 immediately, so no use worrying about that, to the moon!

[adamstgBit]

Explanation

lol oh ya 550 in 12hours 

[empowering]

 

Explanation

lol oh ya 550 in 12hours  

[adamstgBit]

see see its happening

oh ya still got it.

 

[adamstgBit]

people need to know....

these guys don't know the true meaning of evil till we fuck them

its time to get mad and screw them!

much like when we rallied against priate40, when he tired to fuck with us.

we must once again ban together once again and cast out the evil that has been lurking

together we can be strong! together make them pay for what they have done

get mad and buy your heart out.

lets show the world how little we care about the their "money"



This is what we have been waiting for this is it boys this is WAR

BUY!

[freedomno1]

people need to know....

they guys don't know the true meaning of evil till we fuck them

get mad and buy your heart out.

lets show the world how little we care about the their "money"

This is what we have been waiting for this is it this is WAR

BUY!

In other words
Like the wise adam said
JUST GET YOUR ASS ON THE BUS
https://www.youtube.com/watch?v=9VDp8L7HqGQ&feature=youtu.be&t=1m15s

[Newbie1022]

people need to know....

these guys don't know the true meaning of evil till we fuck them

its time to get mad and screw them!

much like when we rallied against priate40, when he tired to fuck with us.

we must once again ban together once again and cast out the evil that has been lurking

together we can be strong! together make them pay for what they have done

get mad and buy your heart out.

lets show the world how little we care about the their "money"



This is what we have been waiting for this is it boys this is WAR

BUY!

Premature. I thought we had hit the bottom last time... then the second I bought in (literally the second) there was the flash crash.

525 is an important resistance point. Also, keep in mind that we have Ethereum further dumping still scheduled, some douchebag who is obviously manipulating the market to bring on cascades, and retailers coming to the end of the week and perhaps fearing a catastrophic outcome (they might be more willing to just write off a 15% loss than play the gamble of holding). Finally, there is no volume on this bounce back.

Hence, this strikes me as a trap. I might also be saying that, though, because I fell for the last trap. I am starting to realize that I am out of my depth playing a card game with a guy outside a shop in New York.

[ChartBuddy]

Explanation

[hdbuck]

people need to know....

these guys don't know the true meaning of evil till we fuck them

its time to get mad and screw them!

much like when we rallied against priate40, when he tired to fuck with us.

we must once again ban together once again and cast out the evil that has been lurking

together we can be strong! together make them pay for what they have done

get mad and buy your heart out.

lets show the world how little we care about the their "money"



This is what we have been waiting for this is it boys this is WAR

BUY!

Premature. I thought we had hit the bottom last time... then the second I bought in (literally the second) there was the flash crash.

525 is an important resistance point. Also, keep in mind that we have Ethereum further dumping still scheduled, some douchebag who is obviously manipulating the market to bring on cascades, and retailers coming to the end of the week and perhaps fearing a catastrophic outcome (they might be more willing to just write off a 15% loss than play the gamble of holding). Finally, there is no volume on this bounce back.

Hence, this strikes me as a trap. I might also be saying that, though, because I fell for the last trap. I am starting to realize that I am out of my depth playing a card game with a guy outside a shop in New York.

nope, BS. it's WAR.
rofl that nick carry little story is amazing
bring it on bitchesssss!


edit: i say we f&ck em before they do us.
stop selling your coins to these greedy basterdz drivin the price down. you want to play bear? Hodl like moth&fuckin bears! enter hyper hibernation and dry the exchanges out.

[abercrombie]

Retailers should be dumping Friday for their weekly conversion to FIAT. 

Watch out...

[adamstgBit]

people need to know....

these guys don't know the true meaning of evil till we fuck them

its time to get mad and screw them!

much like when we rallied against priate40, when he tired to fuck with us.

we must once again ban together once again and cast out the evil that has been lurking

together we can be strong! together make them pay for what they have done

get mad and buy your heart out.

lets show the world how little we care about the their "money"



This is what we have been waiting for this is it boys this is WAR

BUY!

Premature. I thought we had hit the bottom last time... then the second I bought in (literally the second) there was the flash crash.

525 is an important resistance point. Also, keep in mind that we have Ethereum further dumping still scheduled, some douchebag who is obviously manipulating the market to bring on cascades, and retailers coming to the end of the week and perhaps fearing a catastrophic outcome (they might be more willing to just write off a 15% loss than play the gamble of holding). Finally, there is no volume on this bounce back.

Hence, this strikes me as a trap. I might also be saying that, though, because I fell for the last trap. I am starting to realize that I am out of my depth playing a card game with a guy outside a shop in New York.

i see it too... i feel it in my BONES
they are manipulating
they are dragging us down.
they are making less seasoned bitcoiners sell out of fear...
they will pay for this.
they will pay of this in BTC!

step 1 figure out what wall street is doing
step 2 fuck them
step 3 enjoy worldwide prosperity and freedom

[ibrahim11]

SHOULD I BUY 1.5BTC right now for $845? (BTW im in the uk and the price is £338/btc)

[fallinglantern]

SHOULD I BUY 1.5BTC right now for $845? (BTW im in the uk and the price is £338/btc)

Only if you aren't already AML/KYC'd at an exchange. That's a pretty hefty commission.

[adamstgBit]

SHOULD I BUY 1.5BTC right now for $845? (BTW im in the uk and the price is £338/btc)

if you have courage you will wait and hope to support lower prices.

i was a coward and went all in.

such shame

[Newbie1022]

people need to know....

these guys don't know the true meaning of evil till we fuck them

its time to get mad and screw them!

much like when we rallied against priate40, when he tired to fuck with us.

we must once again ban together once again and cast out the evil that has been lurking

together we can be strong! together make them pay for what they have done

get mad and buy your heart out.

lets show the world how little we care about the their "money"



This is what we have been waiting for this is it boys this is WAR

BUY!

Premature. I thought we had hit the bottom last time... then the second I bought in (literally the second) there was the flash crash.

525 is an important resistance point. Also, keep in mind that we have Ethereum further dumping still scheduled, some douchebag who is obviously manipulating the market to bring on cascades, and retailers coming to the end of the week and perhaps fearing a catastrophic outcome (they might be more willing to just write off a 15% loss than play the gamble of holding). Finally, there is no volume on this bounce back.

Hence, this strikes me as a trap. I might also be saying that, though, because I fell for the last trap. I am starting to realize that I am out of my depth playing a card game with a guy outside a shop in New York.

i see it too... i feel it in my BONES
they are manipulating
they are dragging us down.
they are making less seasoned bitcoiners sell out of fear...
they will pay for this.
they will pay of this in BTC!

step 1 figure out what wall street is doing
step 2 fuck them
step 3 enjoy worldwide prosperity and freedom

Very cool post. Yay!!

[fallinglantern]

if you have courage you will wait and hope to support lower prices.

i was a coward and went all in.

such shame

Why not buy now AND later? Honestly, I just keep throwing the same amount of fiat at BTC every month without concern for timing the market.

[adamstgBit]

if you have courage you will wait and hope to support lower prices.

i was a coward and went all in.

such shame

Why not buy now AND later? Honestly, I just keep throwing the same amount of fiat at BTC every month without concern for timing the market.

not much fun.... but better then panicking on every swing

for me the fun is watching the story unfold, talking about it here, while placing bets on the market.

also i mean look at the post above... this is no joke, wall street is seriously trying to step into this market in a big way and fucking with us, this for real, yelling about it here is invigorating!

love it 

[Newbie1022]

So, we have the same pattern emerging on the four hour chart as we have had the past three nights. This time it could break up or down... I mean, this really can't go on forever. Yet, there is some manipulation afoot so maybe the dumpers aren't done.

So, if you think the market the past few days has nothing to do with manipulation... I'd say buy.
If you think the market the past few days was all about manipulation... hold bets for a clearer signal. If we break 525 convincingly (not necessarily by a lot, but sustained) then we should be in the clear.

By contrast, if we break 3100 on OKCoin, they had a cascade at that number so that could be the danger zone.

With the way Bitfinex didn't wipe out everybody who went past their margin yesterday, there is no telling what the danger zone is there... my guess is $495 or $490.

[JayJuanGee]

I question whether it would be o.k....

What does this ok mean exactly?

Maybe you do NOT realize that if you are NOT citing the whole quote, then you are citing the quote out of context.  

Additionally, from your question and from your fragmented, out of context quote, it appears that you are trolling rather than attempting to engage in substantive discussion of anything meaningful.

If I misunderstood you, then let me know, and we can start over..

Yes, you misunderstood me. Don't be so negative thinking, a troll trauma is explicable but not healthy for discussions ;-)

I did not understand the meaning of your statement, so I would be very pleased if you could deepen it.

I am just of the thinking that it could be difficult for BTC in the long term to recover from extended periods of downward price manipulation - b/c such sustained downward manipulation could cause too much exodus from the bitcoin space or even the marginalizing of bitcoin technology b/c of exiting and marginalizing of necessary bitcoin developments that are inspired by profit potential and potential for NOT taking seriously bitcoin... or even the investment into competitors that end up being worse than bitcoin.  

I could be wrong; however, b/c it is possible that even bitcoin could recover from such extensive downward price manipulation so long as behind the scenes developments are still taking place.  NONETHELESS, I am continuing to think that too low and too long manipulation of a price could be problematic for bitcoin.  

Also, by the way, I am NOT the only person to have made such a claim, so it is NOT like I am being innovative in my concern about prolong and extend downward BTC price manipulation.

Agreed.  I think that it's very fair to say, that the 2011 bubble/crash from $30 to $2 set bitcoin's progress back by 18 months.  People had lost total confidence in the market.  In the same way, if we saw bitcoin bubble/crash from $1200 all the way back down to $200-300 nearly 8-9 months later, and end 2014 much lower than the ATH, that would probably set bitcoin's progress back again by another 18-24 months.

Surely this is all speculation, but YES... that is kind of what I am thinking.  I was thinking that we have already been low for quite a while in February through April... and then we made some progress back up to $680 and then back down to $500s... good enough... ... but then into $400s may still be fairly tolerable.. but if BTC were going into $300s again.. and worse yet $200s... . that may NOT be the death of BTC.. but it would be a substantial blow and set back to the progress and the incentives for development, adoption,  expansion and meaningful (less hostile) regulations... Actually, the less hostile regulations is probably something that is needed... and the less that BTC is marginalized the more BTC friendly will be the regulatory potential.. I am thinking.