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

[InstantBitcoin]

WSJ riding coattails >> http://blogs.wsj.com/moneybeat/2014/08/15/bitbeat-bitcoin-bulls-get-a-buying-opp-bitcoin-anarchists-declare-their-independence/

 

1o1

[empowering]

yeah there was a soft spot in that plan.... one that a bullet found.

[empowering]

Hey kids! this weeks (years) word is "de-dollarisation" 

[bigdave]

Just a curious thought but I wonder if the recent increase in mining difficulty is having an effect on the runup in price?

[Phillis]

Just a curious thought but I wonder if the recent increase in mining difficulty is having an effect on the runup in price?

no

[Wandererfromthenorth]

What you guys think about litecoin... isn't overshooting a bit?

Most epic short squeeze there is. Yes it is overshooting, i suspect i'll go down again eventually.


LITECOIN è UNA CAGATA PAZZESCA  

[adamstgBit]

What you guys think about litecoin... isn't overshooting a bit?

Most epic short squeeze there is. Yes it is overshooting, i suspect i'll go down again eventually.


LITECOIN è UNA CAGATA PAZZESCA  

shorts are higher today then yesterday.

this is just the beginning...

[Wandererfromthenorth]

Next short term target should be 550-560.

[adamstgBit]

bitcoin climbing out of hell.

[Phillis]

bitcoin climbing out of hell.

slowly but surely.

[tarmi]

bitcoin climbing out of hell.

slowly but surely.

slowly = with no volume, so not surely.

[Torque]

"We'll never see sub 500 again!"

Reverse trolololololol 

[greenlion]

That man was a disaster! Western civilizations downfall is partly this mans fault.

The more I think about it, the more I cannot find a single modern nightmare problem that Richard Nixon did not have a gigantic hand in. Although I do agree, Churchhill is a huge racist imperialist dick.

[ChartBuddy]

Explanation

[grappa_barricata]

That man was a disaster! Western civilizations downfall is partly this mans fault.

The more I think about it, the more I cannot find a single modern nightmare problem that Richard Nixon did not have a gigantic hand in. Although I do agree, Churchhill is a huge racist imperialist dick.

Well, there are worse leaders:

[bigdave]

Looks like China is showing signs of dumping.

[X7]

bitcoin does what bitcoin wants  (voice of Eric Cartman)

[DutchTrades]

Looks like China is showing signs of dumping.

It's called locking in profits

[Wandererfromthenorth]

bears have no one to blame but themselves when the 530-550 resistance gets broken, this is their chance to get on board but hopefully they wont. When it breaks i'm sure new longs will get opened, shorts will get closed/squeezed and theres so few asks that we'll head up to 600 territory very quickly.

huobi is fighting it's resistance point now and slowly beating it down, when they break up 530-550 will get nom nom nom'd on Stamp/Finex, right now they're just sitting below it waiting to see if Huobi wins it's battle

We'll very probably reach $530-$550,  but the real test will be $560, but looking at the volume i don't think we'll break it.

Unless some big news about the Winklevoss ETF comes out, low volume rises like this are not sustainable.

[billyjoeallen]

Price is much more stable today. Me and my fellow decentral bankers have done our job! Only idiots put in market orders when the price is stable. Save that shit for chopping off the tops and bottoms.