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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26371548 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
Newbie1022
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August 19, 2014, 07:23:09 AM

Shorting LTC at an average of 4.3... feeling pretty damned proud of myself right now. That's seriously an impossible bet to lose even if we spike a little more temporarily.
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AmazonStuff
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August 19, 2014, 07:23:15 AM

Sideways Tuesday... boring
magicmexican
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August 19, 2014, 07:27:16 AM

Shorting LTC at an average of 4.3... feeling pretty damned proud of myself right now. That's seriously an impossible bet to lose even if we spike a little more temporarily.

Genius
JayJuanGee
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August 19, 2014, 07:28:33 AM

I feel so stupid not having the extra fiat on exchange..eugh If I miss a chance to lower my buy in price again by being lazy... eugh Laziness is the true root of all evil.

I moved money from BTC-e to Finex a couple of days ago. Last night truly made me hate myself in every possible way.

YEAH, but you seemed to be having so much FFFFUUUUUNNNN, no?   Wink
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August 19, 2014, 07:28:55 AM

Shorting LTC at an average of 4.3... feeling pretty damned proud of myself right now. That's seriously an impossible bet to lose even if we spike a little more temporarily.

Don´t want to be a smart ass but shorting LTC @ the bottom, prepare to get squeezed brutally, soon. Even if it just should turn out as a bulltrap to 5$-6$. Stop using Bitfinex,honestly,  lol.
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August 19, 2014, 07:29:05 AM

Shorting LTC at an average of 4.3... feeling pretty damned proud of myself right now. That's seriously an impossible bet to lose even if we spike a little more temporarily.

Genius

Word. This is like the best mood I've been in for years!!!
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August 19, 2014, 07:29:56 AM

I feel so stupid not having the extra fiat on exchange..eugh If I miss a chance to lower my buy in price again by being lazy... eugh Laziness is the true root of all evil.

I moved money from BTC-e to Finex a couple of days ago. Last night truly made me hate myself in every possible way.

YEAH, but you seemed to be having so much FFFFUUUUUNNNN, no?   Wink

I always have fun!
Newbie1022
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August 19, 2014, 07:31:20 AM

Shorting LTC at an average of 4.3... feeling pretty damned proud of myself right now. That's seriously an impossible bet to lose even if we spike a little more temporarily.

Don´t want to be a smart ass but shorting LTC @ the bottom, prepare to get squeezed brutally, soon. Even if it just should turn as a bulltrap to 5$-6$. Stop using Bitfinex,honestly,  lol.

I didn't lever all the way up and I set orders at 4.5, 5, and 5.5 just in case I mess up. I am playing a little less recklessly, now, and letting the market come to me if it wants to and if it doesn't want to that's fine, too.
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August 19, 2014, 07:59:32 AM


Explanation
JayJuanGee
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August 19, 2014, 08:02:44 AM

Interesting theory from someone on TV trollbox.

Coinbase was short of coins yesterday or today apparently. It might be them buying.

Bingo!!!


I doubt it.....  the above is FUD spreading.


There is no major logical disconnect in the official explanation...

 Coinbase ran out of coins on Sunday for about 5 or 6 hours.  Does NOT mean anything more than that - too many people buying coins, and Coinbase NOT holding and/or anticipating sufficiently the demand for coins... .accordingly, they ran out.

I, too, wish that Coinbase would figure out better planning in order that they do NOT run out of coins... but that does NOT mean that they are engaging in fractional reserve banking or otherwise playing with people's coins in the way suggested in either of the above posts...
JayJuanGee
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August 19, 2014, 08:05:50 AM

Huge 462.9 hidden bid at Finex. Hundreds of coins bought so far.

Hundreds of coins dumped so far...

There will be big dumps along the way if bitcoin goes down to $440 and less, Winklevoss twins and Tim Draper could panic sell.

I would think that Draper and Winklevii aren't worried about their next meal or their retirement. No need to panic. They, along with GABI, are actually watching all this with some glee. Doesn't hurt any of them and might actually help.

Vuduchyld - Even though you are suggesting that neither Draper nor Winklevii are manipulating, you are also stating that they are profiting from whatever price lowering and/or manipulating that is occurring.... In other words, you are implying support for the conspiracy theory which suggests that they have an insider's incentive to manipulate and to make even more money.
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August 19, 2014, 08:06:52 AM

Interesting theory from someone on TV trollbox.

Coinbase was short of coins yesterday or today apparently. It might be them buying.

Bingo!!!


I doubt it.....  the above is FUD spreading.


There is no major logical disconnect in the official explanation...

 Coinbase ran out of coins on Sunday for about 5 or 6 hours.  Does NOT mean anything more than that - too many people buying coins, and Coinbase NOT holding and/or anticipating sufficiently the demand for coins... .accordingly, they ran out.

I, too, wish that Coinbase would figure out better planning in order that they do NOT run out of coins... but that does NOT mean that they are engaging in fractional reserve banking or otherwise playing with people's coins in the way suggested in either of the above posts...

How is that FUD... that would be a bullish thing... more coins being bought by one of the good guys rather than a manipulator. Also, it would suggest that they think that this price is very low comparable to what they are going to sell them for.

Also, stop being the self-appointed FUD sheriff. The s--- gets annoying. We are just here shooting the s--- trying to figure out what's going on around us. Really, cool it.
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August 19, 2014, 08:14:55 AM

If the objective is to engineer a flash crash, we have seen it already on BitFinex and BTC-e. We need not consider Stamp as it does not offer margin trading. Since the objective has been achieved, the price can only go up.
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August 19, 2014, 08:24:48 AM

looks like a cup and handle is in the midst of being formed.
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August 19, 2014, 08:39:56 AM

We are Bulllish --> Says the Bear Club  Grin


Exactly. Permabears are bullish since yesterday while permabulls are bearish. So the turn (short-term) was obvious.

I can't believe any genuine "permabears" would turn bullish after yesterday... they will need to see it drop to somewhere between $340 to $420, then rally on high volume with indicators turning bullish. Really, that's what anyone with some common sense should be looking for, it would be extremely healthy.
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August 19, 2014, 08:48:40 AM

Of all the exchanges which would be the best or most preferred to trade on? Or do people just have accounts on all of them?

MtGox is good....  Grin




That's so 2013. 
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August 19, 2014, 08:50:58 AM

I think this bounce wont go over $500, we will hit a new low in a couple of days.... so who think that we've already bottomed ?
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August 19, 2014, 08:53:15 AM

I think this bounce wont go over $500, we will hit a new low in a couple of days.... so who think that we've already bottomed ?

Since this is euphorias last gasp we will crash to the real bottom by the end of the year before switchting to investment memory phase.
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August 19, 2014, 08:57:10 AM

So now that we just had Bitcoin Blackish Monday, what are we doing the rest of the week?
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August 19, 2014, 08:57:41 AM



MtGox is good....  Grin




That's so 2013 2010-2012. 

ftfy

2013 is when Gox really started screwing up.
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