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

[bitebits]

Aren't we supposed to never see sub 500 again and start to rise again? Many ppl said that before the rise to 520's with almost no volume

But where is your HODL now?

Nobody can predict the actions of individuals. If they dump, they dump. If they pump, they pump. The fact that we keep being in the ~500 area no matter these flash dumps is suprising me, and a sign for possible bottom in the 470-520 area.

[bitebits]

These dumps make me so tired...

you better go rest now, because we will have allot of these.

it's hard to rest while hodling

Hodling what, fiat?

[kryptopojken]

These dumps make me so tired...

you better go rest now, because we will have allot of these.

it's hard to rest while hodling

Hodling what, fiat?

No, my d*ck in my hand

[franckuestein]

These dumps make me so tired...

So... why you're on this world? Take a look to the Bitcoin graph. You can see lots of pumps and dumps. This is the open market guy!

If you don't understand this is because you haven't seen too much graphics about Bitcoin.

[kryptopojken]

These dumps make me so tired...

So... why you're on this world? Take a look to the Bitcoin graph. You can see lots of pumps and dumps. This is the open market guy!

If you don't understand this is because you haven't seen too much graphics about Bitcoin.

thanks so much for clearing that up for me. I had no idea about the volatility of bitcoin, but your post made me understand that there are actually a lot of pumps/dumps in the crypto-world. cheers!

[ChartBuddy]

Explanation

[mmitech]

mmmm, I think that the real bottom (that I am waiting for) is far away from today or this week, maybe not even this month, yes this means that we just entered a long bear market, unless some magic and huge buys comes in to fix what I am watching in the 1w MACD.


I've decided to invest only $20K back, because according to perma-bulls 1BTC will make me a millionaire regardless, so why be greedy ? we have to leave some coins so others can be millionaires too  

[franckuestein]

Explanation

@ChartBuddy, can you please explain to us how you generate that graphics or one website to found it? It doesn't appear on the "Explanation" section 

[mmitech]

Explanation

@ChartBuddy, can you please explain to us how you generate that graphics or one website to found it? It doesn't appear on the "Explanation" section 

chartbuddy is a bot , you have to ask Ricky about that.

[mmitech]

I love how people cancel their bids when the price is going down, it is like no one is really sure about what they want, this just confirm the "they buy high and sell low" theory 

[JayJuanGee]

to the " we will never see sub 500 again"... told you 

Actually, I cannot fault you for getting a little dig in there...        

[dakota neat]

I've decided to invest only $20K back, because according to perma-bulls 1BTC will make me a millionaire regardless, so why be greedy ? we have to leave some coins so others can be millionaires too  

You will miss your entry point and buy back at a loss.

[JayJuanGee]

Two dutch BTC 'providers' also sold out. One is giving slight bonus on selling to them.

And still all i see is idiots dumping.

Yet all I see is an idiot commenting about idiots dumping.



Please quote, so that the idiot reads it.

He put me on ignore almost as soon as I joined the forum....  well within about a month, so you lasted much longer than me...

Even though he has me on ignore, I still comment about his fairly consistent and ongoing stupid-ass whining, though... 

[wachtwoord]

Two dutch BTC 'providers' also sold out. One is giving slight bonus on selling to them.

If anyone's interested, this provides a nice overview: http://bitcoinprijzen.nl/?q=node/6

[JayJuanGee]

Whoa, Coinbase is sold out..

"Note! We've exceeded our normal buy limits for today. If you would still like to purchase you will receive the market price of bitcoin on Friday Aug 22, 2014 at 01:49AM EDT after your funds have arrived. read more

Due to higher than normal buy volumes, we are unable to provide exact price quotes right now.

Instead of pausing buys entirely, we decided to give people the option to purchase bitcoin at the market price in a few days. Once your USD funds arrive, we will exchange them to bitcoin at the market price at approximately Friday Aug 22, 2014 at 01:40AM EDT."

That's bullish right ?!?!?

Here Coinbase explains this on their support pages:

http://support.coinbase.com/customer/portal/articles/1148738-what-price-will-i-receive-when-i-buy-or-sell-bitcoin-

http://support.coinbase.com/customer/portal/articles/1148739-what-price-will-i-receive-if-i-purchase-once-coinbase-reaches-its-daily-limit-

Extremely, extremely, extremely run for the hills type of bearish news. First, there were a lot of buys because there was a lot of volume and volatility... there was action on both sides of the tape and with Coinbase as a middleman that leaves them dry (and anyways, that is historic, now... it's already priced in). Second, it means NOBODY will be buying from Coinbase all week -- a major purveyor of coins to the Average Joe. Why? Well, because the market is extremely volatile right now and you don't know where the hell the price will be (but assuming even in a worst case scenario there is a recovery by then that price would be HIGHER than it is today... you wouldn't do it).

It's God awful news. I don't know how the hell anybody could read it as positive news. I am certain I am being a bit hyperbolic, but yea... not good.

YES>>>>>> you are being hyperbolic, and you seem to be spreading FUD... maybe you are NOT doing this on purpose, but you are making much more out of the situation than the FACTS support.

The news is bullish.. b/c it means that a lot of Coinbase customers are buying and have bought more coins than Coinbase had prepared for sale.

The news is problematic, b/c we do NOT know how long Coinbase is going to remain without coins for sale..   Your stating an assumption that they are NOT going to have coins for four days b/c that is what the message states for the guarantee of coins being available is also misplaced.. b/c nothing in that message should cause you to assume that Coinbase will NOT have coins until the stated dates....  additionally, I have experienced that they usually get coins much more quickly.. probably even in less than a day.. but we may have to wait until Monday... possibly.   

So the news would be problematic if we have to wait until Monday or even later for BTC to be available through coinbase.

Again, don't accuse me of s---. I would note preface my words with "I am probably being hyperbolic" if I was trying to spread nonsense. Also, my name is Newbie, bro. Emphasis on new. Cheers!

You seem to be more sophisticated at trading than me, so Newbie is your name, but so what? 

I already know that some people use the forum to get ideas, and some people use the forum to spread FUD, and we do NOT always know for sure what are the motives of others... again, whether you were purposeful, you are claiming that you were NOT.. .which hopefully is true, but I have my doubts, since you are attempting to claim that your conclusion was an innocent mistake .. or even implying that you may be correct about the disinformation that you are seeming to attempt to spread.

I am just a guy who had a different take on a story. Attack the view, not me... that's all I am saying. If I am wrong then counter it. Honestly though, neither of us is wrong. It has mixed bullish and bearish elements (or so I understand).

I rarely attack posters who seem to be genuine.. but if I get the sense that you are NOT being genuine then I may have a go at you, here and there.. just for shits and giggles.    So, here, I have mixed thoughts on whether you were purposefully spreading misinformation.  I do NOT necessarily battle you on that point, so maybe I can kind-of give you the benefit of the doubt.. at least for now... whether you give a shit or NOT, that is o.k.... b/c each of us is going to post what s/he is gonna post... and you certainly seem to have your various reasonable moments - relatively speaking... (in that regard, some of your competition can be lacking in various regards.. to say the least)....     

[mmitech]

I've decided to invest only $20K back, because according to perma-bulls 1BTC will make me a millionaire regardless, so why be greedy ? we have to leave some coins so others can be millionaires too  

You will miss your entry point and buy back at a loss.

what entry point you are talking about ? I don't understand your post !!!

[JayJuanGee]

mmmm, I think that the real bottom (that I am waiting for) is far away from today or this week, maybe not even this month, yes this means that we just entered a long bear market, unless some magic and huge buys comes in to fix what I am watching in the 1w MACD.


I've decided to invest only $20K back, because according to perma-bulls 1BTC will make me a millionaire regardless, so why be greedy ? we have to leave some coins so others can be millionaires too  

That means we are gonna be stuck with you participating in this thread for a while.          

[hmmkay]

Two dutch BTC 'providers' also sold out. One is giving slight bonus on selling to them.

If anyone's interested, this provides a nice overview: http://bitcoinprijzen.nl/?q=node/6

Thanks!

[edwardspitz]

Dump-bot it only dumping 0.1 btc every ten seconds. It's the sunday morning truce  

https://www.youtube.com/watch?v=NzvfWEXU-tc#t=154

[elebit]

255 dump.
Don't tell me we're going below 500 again. Isn't everybody just tired of this?

255 coins should barely register. So it means that volume is insanely low. It's not that people are dumping.

My guess is that we'll keep sliding down a while, until panic buying sets in. So there could still be a few bucks to be made.