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

[barbs]

Highly manipulated bullshit.

I hold my reserve btc and wait for my entry point but forcing people to buy and sell what a bs market :-)

Lots of people have been losing money all over this volatility

[edwardspitz]

Well, let's go then... 

you can go to nowhere, $520? may be but get readly for the $400 crash again

Wonder if they want the price to crash more..

The always start dumping when I go on my lunch break. It is lunch time now 

[falllling]

Well, let's go then... 

you can go to nowhere, $520? may be but get readly for the $400 crash again

Wonder if they want the price to crash more..

I think the biggest issue currently is that although it appears many merchants are accepting bitcoin it isn't actually true. Most companies use services like bitpay which automatically transfer digital currency into the currency of choice for the company. The bitcoin ecosystem isn't really going to blow up until Bitcoin itself starts to get actually treated like it's own currency rather than just a middle man currency.

[Junkbarman]

Well, let's go then... 

you can go to nowhere, $520? may be but get readly for the $400 crash again

Wonder if they want the price to crash more..

I think the biggest issue currently is that although it appears many merchants are accepting bitcoin it isn't actually true. Most companies use services like bitpay which automatically transfer digital currency into the currency of choice for the company. The bitcoin ecosystem isn't really going to blow up until Bitcoin itself starts to get actually treated like it's own currency rather than just a middle man currency.

Weelllllll, you can buy houses,cars, hell you can buy a fucking toothpick on ebay. Sounds like bitcoin IS a currency then, if you can buy pretty much anything you want.

[niothor]

Highly manipulated bullshit.

I hold my reserve btc and wait for my entry point but forcing people to buy and sell what a bs market :-)

Lots of people have been losing money all over this volatility

Who is pointing  gun at your head and is shouting sell???

The main problem of the people that have "lost" money over the last months is that they look at bitcoin like a stock market and are trying their so called trading skills here.

If you really believe in what bitcoin will become and what brings to the world you would stay calm and drink a beer while looking at the charts.
And if you treat it like an investment , then don't forget the number one rule : Don't invest more than you can afford to....

[Miz4r]

Highly manipulated bullshit.

I hold my reserve btc and wait for my entry point but forcing people to buy and sell what a bs market :-)

Lots of people have been losing money all over this volatility

Nobody is forcing people to do anything. If you are trading bitcoin with leverage then that's your own choice and you willingly take the risk to get liquidated. It boggles the mind that people still trade with leverage in this market, as if without leverage it isn't already risky enough.

[JayJuanGee]

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.

It's FUD b/c you have no knowledge that Coinbase is engaging in any kind of fractional reserve banking practices or using coins in unauthorized ways.

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.

I can call other people out to whatever extent that I believe is appropriate... just like you can keep posting some of your bullshit.  BTW... you have some decent quality posts, but you also have some real FUD spreaders.  I find the FUD spreaders annoying, even if you claim to be doing them out of mere "fun" and/or "shit shooting." 

Finally, I am sorry if you feel annoyed by some of my posts, but criticism comes with any territory in which you are posting regarding potentially controversial topics, and in that regard, opinions are likely to vary.. and opinions have a right to chime in to the extent that those opinions feel warranted.

[JayJuanGee]

MtGox is good.... 

That's so 2013 2010-2012. 

ftfy

2013 is when Gox really started screwing up.

Fair point.   

[ShroomsKit]

The ask side is getting bigger. It's starting to look "normal". 480 is the new 580. Wouldn't surprise me if we go sideways here for a while and then get another round of dumping. It will probably be the same. People waiting for the next bubble, which won't happen because absolutely nothing is able to raise the price it seems.

So was this what all the dumpers wanted? The same thing but 100 dollars lower? Is everyone happy now or what?

[MrPiggles]

The ask side is getting bigger. It's starting to look "normal". 480 is the new 580. Wouldn't surprise me if we go sideways here for a while and then get another round of dumping. It will probably be the same. People waiting for the next bubble, which won't happen because absolutely nothing is able to raise the price it seems.

So was this what all the dumpers wanted? The same thing but 100 dollars lower? Is everyone happy now or what?

I think the dumpers are surprised by how resilient the price was/is so far.

They dropped what, 7000 coins and only dropped the price by $130 for 5 minutes.

[mmitech]

Well, let's go then... 

you can go to nowhere, $520? may be but get readly for the $400 crash again

Wonder if they want the price to crash more..

in talks with who exactly ?

[ChartBuddy]

Explanation

[wachtwoord]

Well, let's go then... 

you can go to nowhere, $520? may be but get readly for the $400 crash again

Wonder if they want the price to crash more..

in talks with who exactly ?

With Coinbase.

[falllling]

Well, let's go then... 

you can go to nowhere, $520? may be but get readly for the $400 crash again

Wonder if they want the price to crash more..

in talks with who exactly ?

With Coinbase.

nice, another dumping sell off way for early adopters

[Funzie]

They dropped what, 7000 coins and only dropped the price by $130 for 5 minutes.

So far only ~30% since June.

But you don't want to put lipstick on the pig, no?  

[Junkbarman]

Well, let's go then... 

you can go to nowhere, $520? may be but get readly for the $400 crash again

Wonder if they want the price to crash more..

in talks with who exactly ?

With Coinbase.

nice, another dumping sell off way for early adopters

Bro, you can't have it both ways. Either you want people to dump coins or you don't. Where exactly are you?

[edwardspitz]

The ask side is getting bigger. It's starting to look "normal". 480 is the new 580. Wouldn't surprise me if we go sideways here for a while and then get another round of dumping. It will probably be the same. People waiting for the next bubble, which won't happen because absolutely nothing is able to raise the price it seems.

So was this what all the dumpers wanted? The same thing but 100 dollars lower? Is everyone happy now or what?

It is bullish that dumping didn't commence while I was on my lunch break   But I agree with you. Activity and volume is low. It seems only bots are trading. Humans traders are too scared. I tried to get at long position yesterday. Everything was looking good: Price was low and selling volume decreasing. Then suddenly a 1000 BTC dump. Not very motivating

[falllling]

Well, let's go then... 

you can go to nowhere, $520? may be but get readly for the $400 crash again

Wonder if they want the price to crash more..

in talks with who exactly ?

With Coinbase.

nice, another dumping sell off way for early adopters

Bro, you can't have it both ways. Either you want people to dump coins or you don't. Where exactly are you?

i am ok with that, just saying the price is going to drop harder

[Junkbarman]

Well, let's go then...  

you can go to nowhere, $520? may be but get readly for the $400 crash again

Wonder if they want the price to crash more..

in talks with who exactly ?

With Coinbase.

nice, another dumping sell off way for early adopters

Bro, you can't have it both ways. Either you want people to dump coins or you don't. Where exactly are you?

i am ok with that, just saying the price is going to drop harder

You just got exposed, it's ok buddy we all slip once in a while. Too bad this noob got you to do it.

Hey, I'm back in. I can only afford 1, so bought 2. That way when it goes back up 30%, i can buy 2 more.

I hope it drops more, so I can afford maybe  another 1/2 or possibly 1 coin. It's so good right now.

They dropped what, 7000 coins and only dropped the price by $130 for 5 minutes.

So far only ~30% since June.

But you don't want to put lipstick on the pig, no?  

Now, seems like a good time to buy. 7000 coins to go back up ~30%? wow

[JorgeStolfi]

I, too, wish that Coinbase would figure out better planning in order that they do NOT run out of coins...

If the price is falling fast, it would be stupid for them to buy lots of BTC beforehand just to be able to sell to people with no delay over the next few days.  The loss could easily wipe out all that they make from fees, and more.  Better leave the clients waiting.