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

[Brewins]

Its hardly moving. Maybe it will start going one way or the other on Friday. The tension is killing me 

No moon, and no hell, but the pressure to make a decision and one month later you regret it(either you buy and price goes to the abysms, or you sell and price goes to moon).

Could you sell some please? Thanks 

I don't claim I have the power to control the price by buying or selling.

If that is what you meant.
Also can happens I buy and price goes moon or I sell and price falls.

[mooncake]

No news. None of the Bitcoin rises were ever initiated by news really (we just try to correlate it because we are only human).

You nail it. If anyone knows how much SecondMarket, the Winklevoss twins and a few other China people have accumulated, they would have known that the dramatic price rise in the past is not because of news but a simple theory of demand and supply. Today, the price stagnates not because of a drop in demand but because these big boys are dampening the price from the supply side, IMHO.

[ChartBuddy]

Explanation

[Sandia]

200 and 50 day MA's crossed today.  Last time, we went to 340.

Hold on tight.

[Richy_T]

The hosting provider for Chartbuddy used to let me keep uploading images even when my account funding ran out and when I put some money in, bang, there they'd be. Not any more. I'll force the upload of the last one.

[Sandia]

On Bfx:
No trades in 25 minutes
4 trades in 42 minutes, 5btc total

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[findftp]

On Bfx:
No trades in 25 minutes
4 trades in 42 minutes, 5btc total

Pathetic.
Just like those three chartbuddy posts above.

Bitcoin is dead, nobody is interested anymore.
We are just pretending we are

[cbeast]

On Bfx:
No trades in 25 minutes
4 trades in 42 minutes, 5btc total

Pathetic.
Just like those three chartbuddy posts above.

Bitcoin is dead, nobody is interested anymore.

I was just about to say the same thing. Bitcoin is boringcoin.

[Adrian-x]

On Bfx:
No trades in 25 minutes
4 trades in 42 minutes, 5btc total

Pathetic.
Just like those three chartbuddy posts above.

Bitcoin is dead, nobody is interested anymore.

I was just about to say the same thing. Bitcoin is boringcoin.

This is going to be fun, back in the $2 range nobody was interested, then news of the Good Wife episode featuring Bitcoin took hold, speculators started buying in anticipation of all the exposure, it went up to $7 just before it aired and crashed down to $5 for the longest time.

I think COIN the ETF is our $2 good wife (we may have already had our "$7 moment"  . Adam I think of you always just like this  http://youtu.be/Lzl5t1Sracc 

[solex]

Looks to be bubbling nicely, and close-your-shorts or lose-your-shirt time...

[razorramon]

a lot of people want the price down (shorts, buying cheaper, maybe COIN related...) but i think especially the new shorts from the last days expected major dumps that didn't happen only "smaller" dumps here or there but we are still in the same price area...i guess some of them get nervous soon
and there is a slow but steady move up...(longs & newbies)

somewhere between 485 and 500 bitcoin could destroy that chains and rise pretty quickly to 650...from there on a slower & steady rise to higher levels

an uptrend is inevitable...every day more people get into bitcoin

being bullish again feels so much more right

, dude, you were really starting to worry me for a bit there, but knowing you can flip-flop on a dime like that gives me a totally different perspective on your past contributions, so let me just say...

"Welcome aboard the wall observer train"

Welcome aboard, I'm glad you have your ticket ready but I regret to inform you that our predictometer is signaling for a delay.

The predictometer is saying we need to back up to the 450 marker we passed a while ago. (Just between you and me, the predictometer has been really acting up lately. Sometimes, it even flips around 180 degrees and the train just takes off before all the passengers can even get on board!)

But no worries, your seat is reserved, just sit back and enjoy the complementary champagne while you wait for the train to reverse course.

What's that? No, no, I've spoken with the train engineer, Mr. Whale Dumpster himself! He's assured me that there is absolutely no chance that the train will roll back to that cliff near the 400 marker we passed way back.

Just sit back, relax, and enjoy your front row seat on the ride of a lifetime.

 

i was bearish for a few days because i was so bullish before...more or less my personal capitulation...but i stepped back a little bit...took a few deep breaths...overthaught...and am much more relaxed than before...i know it can break down to the 350s...but there will be a (much slower than now) recover...i will be fine anyway...i mean it's not that i spent all my money on bitcoin

[thefunkybits]

This could be it boys!

Looking like a nice bounce upwards on Stamp 

[dropt]

This could be it boys!

Looking like a nice bounce upwards on Stamp 

>2300 BTC need to be chewed up on Stamp in a hurry for this to be "it".  But it'd be nice if you were right!

[ChartBuddy]

Explanation

[Hiro_Y3k]

This could be it boys!

Looking like a nice bounce upwards on Stamp 

>2300 BTC need to be chewed up on Stamp in a hurry for this to be "it".  But it'd be nice if you were right!

Let's get those GABI advisors on the line to greenlight those buy orders. It's time for a recovery bounce.

[JayJuanGee]

Does betting a kidney qualify for "blood in the streets"?  IMO, it's really bullish!

I think only if I lose... I'll have to consult the oracle about that, though.

That would be a really stupid bet, and if we were being genuine in our posts, that wager should be conceded as an exaggeration.

[jeezy]

Let's crash to 300 already and get it over with. At least more cheap coins for all of us. New ATH will come for sure in the next year.