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

[falllling]

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.

agreed, bitcoin is going to nowhere but down, dead cat bounces or sideways won't last long, down is the onlyway
bitcoin is over-price too much!

[mooncake]

2 ask walls are observed at Stamp: 571.35BTC at 470.79 and at 599.62BTC at 470.8.

[mooncake]

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.

agreed, bitcoin is going to nowhere but down, dead cat bounces or sideways won't last long, down is the onlyway
bitcoin is over-price too much!

Down to what price?

[wachtwoord]

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.

agreed, bitcoin is going to nowhere but down, dead cat bounces or sideways won't last long, down is the onlyway
bitcoin is over-price too much!

Down to what price?

This is fallllllllllling. Down to minus infinity .... and beyond.

[falllling]

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.

agreed, bitcoin is going to nowhere but down, dead cat bounces or sideways won't last long, down is the onlyway
bitcoin is over-price too much!

Down to what price?

to the final capitulation! to where it came from! at least bitcoin will test $1 again!

[mooncake]

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.

agreed, bitcoin is going to nowhere but down, dead cat bounces or sideways won't last long, down is the onlyway
bitcoin is over-price too much!

Down to what price?

to the final capitulation! to where it came from! at least bitcoin will test $1 again!

When will that happen?

[falllling]

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.

agreed, bitcoin is going to nowhere but down, dead cat bounces or sideways won't last long, down is the onlyway
bitcoin is over-price too much!

Down to what price?

to the final capitulation! to where it came from! at least bitcoin will test $1 again!

When will that happen?

step by step, $300 first then $200 $100 .. $10 ..

this is the yearly bitcoin chart, check the drop rate yourself and find out when will we reach $1

[N12]

Time to cut your loose!

[rebuilder]

I have to say, ever since I started ignoring not just the trolls, but the people who insist on quoting the trolls, reading this thread got a lot quicker!

[mooncake]

Down to what price?

to the final capitulation! to where it came from! at least bitcoin will test $1 again!

When will that happen?

step by step, $300 first then $200 $100 .. $10 ..

this is the yearly bitcoin chart, check the drop rate yourself and find out when will we reach $1

Mar to now seems pretty flat. Middle of Apr is when the lowest price occurs. We are not seeing lower low. Although you are fallllllling, please get the facts right. Show more convincing evidence!

[DutchTrades]

I realy tought we could brake 490 tonight

[mooncake]

I have to say, ever since I started ignoring not just the trolls, but the people who insist on quoting the trolls, reading this thread got a lot quicker!

Why do trolls want to be trolls? What is their motivation? Too much time and don't know what to do with it?  

[falllling]

Down to what price?

to the final capitulation! to where it came from! at least bitcoin will test $1 again!

When will that happen?

step by step, $300 first then $200 $100 .. $10 ..

this is the yearly bitcoin chart, check the drop rate yourself and find out when will we reach $1

Mar to now seems pretty flat. Middle of Apr is when the lowest price occurs. We are not seeing lower low. Although you are fallllllling, please get the facts right. Show more convincing evidence!

we will soon break the lowest price in Apr

[ChartBuddy]

Explanation

[bizz]

Shorting EUR, GOLD & BTC. Buying USD & equities.

Seems like Bitcoin is following gold - just more violently.

[Sandia]

40% of the volume this hour  on Bfx is newly opened shorts.

[ShroomsKit]

We must be experiencing the lowest buying pressure ever.
The general public completely lost interest in Bitcoin.
I think we are at a point where it's safe to say Bitcoin failed.

If you can give me a good reason why suddenly many people will be interested again and will start buying then feel free to do so.

[falllling]

We must be experiencing the lowest buying pressure ever.
The general public completely lost interest in Bitcoin.
I think we are at a point where it's safe to say Bitcoin failed.

If you can give me a good reason why suddenly many people will be interested again and will start buying then feel free to do so.

agreed bitcoin is going to it's final capitulation, stop fooling people to buy!

[Sandia]

If you can give me a good reason why suddenly many people will be interested again and will start buying then feel free to do so.

The price rising above the ATH.
Suddenly, 2014 would just look like a long consolidation after the November bubble.  Newbies would be adopting again and the future would look great.

Unfortunately, I can't see a way to get back to the ATH.

[bizz]

We must be experiencing the lowest buying pressure ever.
The general public completely lost interest in Bitcoin.
I think we are at a point where it's safe to say Bitcoin failed.

If you can give me a good reason why suddenly many people will be interested again and will start buying then feel free to do so.

If you take a good look back when was the real first interest in Bitcoin it was on Cyprus banking crisis. Everything after that was speculative frenzy. Everything before that were geeks & silkroad.

I don't see Cyprus like crisis anytime soon (next 12 months). US will hold on printing while EU is just starting the print machine. Maybe if Putin goes nuts it can all change in one day.