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

[jaberwock]

Goodbye 490's, was nice to see you downhill

[MrPiggles]

Why people care so much about Bitfinex? They don't have volume like the chinese, or even like Bitstamp, and I guess they don't even have a trollbox, like btc-e

The chinese exchanges are irrelevant too, it's bots trading with each other, it's too hard to get money on a chinese exchange now. The chinese are more or less out of bitcoin for now.

Hard to get money out of the chinese exchanges? True?

Are we about to see a Gox 2.0 with steroids?

I never said out I said on, and it's been the case for months, it's not about to cause anything, stop looking for FUD

[mmitech]

good morning, a shameless $5 million on the bid side....

[niothor]

Goodbye 490's, was nice to see you downhill

Can you please let me know what was so good and is so good in watching bitcoin price going down?

I don't care too much about the current drop but there are a few people who really amaze me with their joy ...

[MrPiggles]

Goodbye 490's, was nice to see you downhill

Can you please let me know what was so good and is so good in watching bitcoin price going down?

I don't care too much about the current drop but there are a few people who really amaze me with their joy ...

[MrPiggles]

good morning, a shameless $5 million on the bid side....

if it was that easy why did Tim Draper and hedgefunds/banks bid/spend nearly $20m on 30,000 bitcoins when they could just collapse it and buy them all for $5 million?

[niothor]

good morning, a shameless $5 million on the bid side....

if it was that easy why did Tim Draper and hedgefunds/banks bid/spend nearly $20m on 30,000 bitcoins when they could just collapse it and buy them all for $5 million?

They needed the bitcoin first to sell them to collapse the market.

[MrPiggles]

good morning, a shameless $5 million on the bid side....

if it was that easy why did Tim Draper and hedgefunds/banks bid/spend nearly $20m on 30,000 bitcoins when they could just collapse it and buy them all for $5 million?

They needed the bitcoin first to sell them to collapse the market.

I see, it's all coming together nicely.

[jaberwock]

Goodbye 490's, was nice to see you downhill

Can you please let me know what was so good and is so good in watching bitcoin price going down?

I don't care too much about the current drop but there are a few people who really amaze me with their joy ...

Everything gets easier when you put some fun on things, and don't take them so seriously.

[seljo]

TBH don't care about the price... will not sodl no matter what... and if I ever need to sodl I'll sodl at any price cause I need teh cash... so a big FU to market manipulators...

[5cMXezpBtm]

can someone point to me the order books that people keep talking about?

http://bitcoinity.org/markets/bitstamp/USD

 I wish I could read em and make sense out of them..

its pretty simple ( shows bids and asks, the order book ) and fun to look at when you know what you're looking at.

tomorrow, i teach you.

to tired now...

I am also new to it and then just saw the helpful littlle button on the upper right corner namend WTF?

[ChartBuddy]

Explanation

[iram3130]

Explanation

Market really choppy, we try to reach above 500 level, and someone dump huge amount of coins.
What is going on behind the scene, really not understandable.

[jaberwock]

Explanation

LOL.

It is like the green orders are the stones, and the red orders are the sea. And at any moment we can have a earthquake and the stones may send everything to the oceanic trench

[wachtwoord]

And here we go again. These idiots just won't stop.

Exactly, how odd. I was expecting stability above 500 based on the depth on the order book. I wonder when it goes up again.

[Globb0]

are the banks getting scared? last night my account got frozen when I tried to buy a bitcoin, just like they don't with every other transaction I make online.

Their excuses were very wish wash today and seemed to change during the conversation. Ending with "it would be good not to make another transaction for 24 hours" wtf is that

[Dump3er]

[wachtwoord]

are the banks getting scared? last night my account got frozen when I tried to buy a bitcoin, just like they don't with every other transaction I make online.

Their excuses were very wish wash today and seemed to change during the conversation. Ending with "it would be good not to make another transaction for 24 hours" wtf is that

They did this to me in 2012 already. What's more they refused to do the transaction even after contacting them by phone.

[Richard Branson]

Goodbye 490's, was nice to see you downhill

Can you please let me know what was so good and is so good in watching bitcoin price going down?

I don't care too much about the current drop but there are a few people who really amaze me with their joy ...

Because cheap coins?
It was so easy to sell after the dead cat bounce to over 600$. Nobody expected a rally (except people with a buy in price over 100$).
I'll start buying more after we hit 400$. Now I buy in 20$ steps. Feels good to get bitcoin with a 150$ discount.

[JayJuanGee]

My average cost per BTC is about $610, including transactional fees..

That's a lot more than I thought. You started to buy all the way up to 1200?

I first started at $1200 on local bitcoin's in November 2013.  My first purchase was 1.24BTC for about $1500... something like that.  How about you?  What's your average BTC costs and your duration for being in the BTC game? 

10BTC for $9.70

Is that your total holdings?  10BTC?

noI played around with it a little and forgot about it. thrn found wallet with 2 when BTC=$120 almost all in altcoins and exchange fee shares now. about 2.5BTC in coins and another 1.5 in cold wallet so small time

Definitely there could be opportunities to stock up... especially when you found out about it at such a low price; however, it is difficult to recognize that there is going to be exponential price growth.

It is nearly pure speculation for me, regarding what i would have done when the price was so low.... had I known about it.... Accordingly, I just keep accumulating based on information that I currently have b/c compared with other investments, BTC seems to continue to have a very decent upside potential.

Are you considering acquiring some more coins...?   you could do it slowly.. like $50 a week or something like that (or whatever is in your means to put aside), it would probably be a good investment.