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

[inca]

Why should anyone listen to a newbie with 12 posts?

This bear newbie is right. The bubble is popping. People start to understand that this level of price doesn't mean anything.


NEXT STEP ==> 100$ and below.

LOL. bears/newbie trolls really trying hard on here last few days.

[criptix]

This transition to supposedly 100% may NOT happen for 50 years or more... so in the meantime, BTC will NOT be everything.  And, really I doubt that BTC would completely take over every single aspect of currency.. maybe 80%... and I could give a ratt's ass that smart people think differently... b/c they are likely wrong about that point.. we have a lot of competing storage of values and currencies and transactional mechanisms... and that diversity will likely continue

We all know that Ripple will win the massive adoption race through bank adoption. The best thing to do right now is to buy as much XRP as you can and hold them until it explodes.

Basically it will cost you less than 12 000$ to buy 1/100000 of the network XRP capacity. With Jed new XRP selling commitments this is probably the best opportunity we have to own a significant part of the ripple network.

are you bagholding too much xrp?  

dont see xrp suceeding, BTCD, just saying. 

[anujjain]

dump it down, i have orders from 400-450  

you wish

(_{I do too} )

Who don't, everyone want price will going down to 400 and then recover from there so they will get huge profit.

[Dump3er]

Double bottom

Bear pennant to 100. Double bottom calling, without any reason. Hilarious

[mah87]

LOL. bears/newbie trolls really trying hard on here last few days.

Oh yeah sure. I'll quote this over and over when we are at 95$.... NEXT WEEK

[criptix]

LOL. bears/newbie trolls really trying hard on here last few days.

Oh yeah sure. I'll quote this over and over when we are at 95$.... NEXT WEEK

i will give you 1 btc if that happens next week, can quote me for this l0l

[mah87]

are you bagholding too much xrp?  

dont see xrp suceeding, BTCD, just saying.  

Yep, you don't see it. And when you see it you'll probably like those people knowing about bitcoin when it reached 1000$ and find that 400$ is cheap....

When you see it it's too late to enter the market =D

BETTER ENTER WHEN THERE IS NO HOPE

bitcoin is heading to HELL (which is far below 100$!)  anyway.

[criptix]

are you bagholding too much xrp?  

dont see xrp suceeding, BTCD, just saying. 

Yep, you don't see it. And when you see it you'll probably like those people knowing about bitcoin when it reached 1000$ and find that 400$ is cheap....

its ok if i have the chance to buy 95$ coins next week 

[Dump3er]

are you bagholding too much xrp?  

dont see xrp suceeding, BTCD, just saying.  

Yep, you don't see it. And when you see it you'll probably like those people knowing about bitcoin when it reached 1000$ and find that 400$ is cheap....

When you see it it's too late to enter the market =D

BETTER ENTER WHEN THERE IS NO HOPE

bitcoin is heading to HELL (which is far below 100$!)  anyway.

A Pro Bear! We need more here. You are welcome!

[Omikifuse]

Double bottom or bull trap?

I guess bull trap, but let's see

[oda.krell]

Getting damn close to the previous low (August 14). Judging by volume, I don't think we're staying above. Could be the next wave of panic selling kicking in afterwards.

[fonzie]

Hodling my bag full of USD.

[inca]

LOL. bears/newbie trolls really trying hard on here last few days.

Oh yeah sure. I'll quote this over and over when we are at 95$.... NEXT WEEK

Why would we be? Has something fundamentally changed with the protocol? Has the US regulatory framework suddenly become hostile towards bitcoin? Has anything fundamentally bad occurred in the bitcoin news sphere?

The answer is no because this is technical selling and buying to take money from leveraged minnows and weak handed speculators like you

The only reason you are cheering on any price decline is so you can buy some for yourself. Admit it.

[vortex1878]

The recent low seems to be the fallback price of the miners. I doubt we will go lower than that as many miners must be mining at a loss already - with even more and more hashing power coming online shrinking their income.

[nrd525]

I'm wondering if with the recent decline in LTC (and pretty much all alt-coins) if alt coins at an all-time low (for the past year or so) in terms of total crypto market share?  Is there any website that tracks that?

[ChartBuddy]

Explanation

[Funzie]

The recent low seems to be the fallback price of the miners. I doubt we will go lower than that as many miners must be mining at a loss already - with even more and more hashing power coming online shrinking their income.

Sellers don't care about miners.

[Newbie1022]

Hey guys, it is my understanding that with the Bitfinex policy change that you can actually short more than you used to be able to AND the margin calls come slightly earlier. This would be a non-issue if we were still trending up, but keep a look out for this.

You used to be able to get effectively 3.33 leverage on a long by buying bitcoin and then longing with the bitcoin as collateral. However, that equation doesn't work out as unless you can short without a margin account (that I don't know!!!!! So somebody clean up this thought and in the meantime take this with a grain of salt).

On this point... it now says that I have a tradable balance, but it isn't letting me short any further -- it is cutting me off at the old 2.5 leverage mark despite the system showing the change.

=S

[Newbie1022]

Hey guys, it is my understanding that with the Bitfinex policy change that you can actually short more than you used to be able to AND the margin calls come slightly earlier. This would be a non-issue if we were still trending up, but keep a look out for this.

You used to be able to get effectively 3.33 leverage on a long by buying bitcoin and then longing with the bitcoin as collateral. However, that equation doesn't work out as unless you can short without a margin account (that I don't know!!!!! So somebody clean up this thought and in the meantime take this with a grain of salt).

On this point... it now says that I have a tradable balance, but it isn't letting me short any further -- it is cutting me off at the old 2.5 leverage mark despite the system showing the change.

=S

UPDATE... system caught up... was able to short all the way.

[inca]

Hey guys, it is my understanding that with the Bitfinex policy change that you can actually short more than you used to be able to AND the margin calls come slightly earlier. This would be a non-issue if we were still trending up, but keep a look out for this.

You used to be able to get effectively 3.33 leverage on a long by buying bitcoin and then longing with the bitcoin as collateral. However, that equation doesn't work out as unless you can short without a margin account (that I don't know!!!!! So somebody clean up this thought and in the meantime take this with a grain of salt).

On this point... it now says that I have a tradable balance, but it isn't letting me short any further -- it is cutting me off at the old 2.5 leverage mark despite the system showing the change.

=S

UPDATE... system caught up... was able to short all the way.

If you really are a newbie be careful with leverage. Most people (myself included) have been burned by the market whipsawing or hitting stops with huge unexpected moves. Bitcoin is scary volatile. Good luck!