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

[Brewins]

Broken bot on BTC-E!! Was buying btc at 3400€

Idea from one guy in trolbox:
€ is still low.... if you have any crypto on btc-e selll it for €! Ratio will be soon normal again. Nice idea! Made some €€€€€  

It is the antimater version of Mr102.

It is the mr3400.

Hope it is a moon sign, because since Mr102 all we've seen was fall, doom and gloom

[ChartBuddy]

Explanation

[franckuestein]

probably just some buggy data feed...

Or maybe, tomorrow someone is going to get up with this message: "your bot is out of money"
Thanks bots & btc-e for this crazy night  


*My face when I was waiting for the BTC deposit on BTC-e*

[escalicha]

probably just some buggy data feed...

Or maybe, tomorrow someone is going to get up with this message: "your bot is out of money"
Thanks bots & btc-e for this crazy night  


*My face when I was waiting for the BTC deposit on BTC-e*

buggy data feed xDDDD omg, lucky!

[adamstgBit]

everyone keep calm resistance is futile

[thefunkybits]

Damn, the orderbook has evaporated!

wtf happened!

[inca]

Damn, the orderbook has evaporated!

wtf happened!

I will shortly buy some more coins then not check the price for a month.

[escalicha]

Damn, the orderbook has evaporated!

wtf happened!

People moving his money to real proyects like NXT, just it

[Habeler876]

Damn, some people made -- and lost -- a lot of money tonight on BTCE. Too bad I missed it. I keep cascade orders in BTC/USD there, but never thought to keep any in EUR markets. Congrats to those that prospered.

[Mervyn_Pumpkinhead]

Ok, here's a prediction.
BTC will steadily start to rise on the next week. Volume will rise steeply and the price will slowly follow. It will rise till the start of January 2015 and will top around 3000-4000$ per coin.

PPC will rapidly start to rise during the start of next month. NuBits, coming of v0.5 and the overheating of SHA256 mining, will cause a quick bull-run similar to the one that was experienced with LTC. PPC will probably top at around 25$-30$ this year.

The rest of the cryptos is harder to predict, but here are some thoughts. LTC lost it's position with the popularity of scrypt mining and will probably be quite slow. DOGE will also probably rise, because of the active community and aggressive marketing strategies, but it's hard to tell how much will they actually invest for future marketing. Ripple will be the most unstable coin that will experience the highest and the deepest waves. Only recommended to play Ripple if you have professional experience with speculative trading.

In this new seasonal bubble, there will be more of corporate mentality, and technical innovations will be valued over the habits of early adopters.
Cryptos will get organized marketing of better quality. Cryptos won't be the oddballs of the financial world, where respected financial advisers consider them as taboo. The subject of cryptos will be publicly discussed with serious analysis. Till then, there were mostly only articles that were radically pro or against cryptos, now we will see more neutrality in public discussions. This in turn will start to raise the subjects of the future perspective of PoW mining, and the practical usability of fixed coin creation.

This post was created on intent to be quoted in the future.

Here is some inspirational music if needed: http://www.youtube.com/watch?v=PVP6uaiJvSQ

Have fun and good luck!

Interesting. Any particular trigger you think is likely to start off the upwards momentum?

[falllling]

Damn, the orderbook has evaporated!

wtf happened!

how many times did i tell you? bitcoin is going to nowhere but down, lower and lower cheaper and cheaper to the final capitulation

sell now to cut lose or lose everything

[thefunkybits]

Damn, the orderbook has evaporated!

wtf happened!

sell now to cut lose or lose everything

OK fine

 

[ChartBuddy]

Explanation

[inca]

Damn, the orderbook has evaporated!

wtf happened!

how many times did i tell you? bitcoin is going to nowhere but down, lower and lower cheaper and cheaper to the final capitulation

sell now to cut lose or lose everything

He learnt to spell lose!!

[byronbb]

1) Place asks and bids at btce +/- $500.
2) Wait
3) Profit

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[abercrombie]

Chinese Holiday for their Monday & Tuesday to start off the week so banks are closed, no new money pumping into Bitfinex until after the holiday.

Tuesday, Apple releases iPhone and their new payment system.

Possible uncertainty until Tuesday.

[wachtwoord]

probably just some buggy data feed...

LTC/EUR also went crazy:

Getting some BTC and bought some LTC for XMR, sending all to BTC-e hoping the crazy bot goes crazy again 

Well the EU has started the qualitative easing program

[Habeler876]

Chinese Holiday for their Monday & Tuesday to start off the week so banks are closed, no new money pumping into Bitfinex until after the holiday.

Tuesday, Apple releases iPhone and their new payment system.

Possible uncertainty until Tuesday.

I'd be surprised if any of this had significant effect on the price in the short term. The most important thing to remember is that we are in a strong technical down trend on longer term time frames -- until that breaks.... more of the same. Sideways/down.