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

[grappa_barricata]

Don't underestimate the entity of this. There are 20M USD in long positions, some of them from 600$.

[mmitech]

Next stop $100

[DutchTrades]

What if this dump turns out to be a massive shakeout..

Witch i think it is, beceause there's no news that could bring the price down 7% in barely 6 hrs.

[podyx]

Don't underestimate the entity of this. There are 20M USD in long positions, some of them from 600$.

Are you saying the worst is yet to come??

[alexeft]

Big players are just doing some shake out.

Ah so that's what it is. Good. Then this will be over soon. Just some weak hands leaving. I almost thought we were in a 9 month downtrend.

OH NOOOOOOOOOOOOOO, we are in a 9 month down trend inside a 5 year up trend. Cut your looses, what is happening, Shroomskit is crying again, means we should go up any moment now.

Where's Willy? Free Willy now!!

BAM! CHEAP COINZ EVERYWHERE.

I'm glad we got rid of the scammer fallling.

I forgot to ignore you!!!

[oda.krell]

No, was thinking of the Argentinian peso and the bolivar.

[...]

Sounds legit. I am in group 2.

Fair enough. Because of peso, bolivar and numerous other reasons, I honestly hope that Bitcoin succeeds in the long-term.

I just don't think it's a given. I'm group 3, in that sense.

[grappa_barricata]

Don't underestimate the entity of this. There are 20M USD in long positions, some of them from 600$.

Are you saying the worst is yet to come??

At this point, if we go another 10/20$ down, then hell will break loose.

[kenji]

now i thinking about suicide! (no joke)

[alexeft]

And in other news, mining difficulty is set to go up another *20* percent.

Either the miners know something or they are dumb as hell. Anything pulling more than 2.3w/gh is now unprofitable.

I'm guessing it won't go up that much!!! New blocks are already coming in late....

[inca]

Sellers will exhaust soon enough.

[findftp]

Patterns everywhere.

[Carra23]

Look at all the profits I could have made. Why did I buy in early  

Stupid BTC, stop going down already.

[alexeft]

Patterns everywhere.

Quality technical analysis!!! 

[JorgeStolfi]

Where are JJG and Trolfi? I haven't dropped by here for a while, and it seems so much more peaceful without them. I almost feel like staying.

Busy with classes and other work.  But perhaps it is worth repeating the advice of the wisest bitcoiners:

DON'T INVEST MORE THAN YOU CAN AFFORD TO LOSE

Graphically:

[ejinte]

now i thinking about suicide! (no joke)

$5.000 soon!!

[Carra23]

And in other news, mining difficulty is set to go up another *20* percent.

Either the miners know something or they are dumb as hell. Anything pulling more than 2.3w/gh is now unprofitable.

I'm guessing it won't go up that much!!! New blocks are already coming in late....

They have already invested in the hardware. All they can do now is try to minimize their losses.

Mining is a thankless job.

[elux]

Come join the fun at www.btccharts.com

(My all-time favourite charting site.)

[DutchTrades]

Patterns everywhere.

Quality technical analysis!!! 

hahahaha

[DemocraticRepublicOfDave]

Hi all.

This seems appropriate :

http://www.youtube.com/watch?v=HZVolY7Ggy8

Cheers

Dave

[JayJuanGee]

do you guys think 10K$ in the end of 2015 is possible?

$10k is possible at the end of 2015 and it is also possible at the end of 2014. 

I think that you are asking the wrong question... b/c a lot of things are possible.