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

[Searing]

Sorry I'm bad ...bought 1.5 btc at $375.....in that it was me....BTC was bound to dump lower.....

You can reverse this misfortune by selling. We would be grateful 

no when I sell it ...it goes down too.....I am directionally challenged in my BTC purchases....down is the only direction
.....add to the fact I just fell down for no particular reason that I can discern...so it has been one of those days...got a
buddy who has some gold ....he i bummed too....

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[ask]

So shorts near all time high at a price near the all time low for the year..What could go wrong. Short away!

Yes! Double short positions,  drop price to $300 and then start thinking who will you sell you when you will need to close your positions...

[adamstgBit]

[esse83]

this is my plan:

1. buy @350
2. buy more @ 300
3. get loans and buy even more @250
4.   Broke

[derpinheimer]

Bears fuck up bitcoin. You can be proud idiots.

BAD INVESTORS! STOP SELLING AND TAKING PROFITS! GRR! LIVE IN MY EUPHORIC PERFECT WORLD WHERE BITCOIN IS #1 AND ITS THE ONLY THING THAT MATTERS!

Welcome to the real world.





lmao @ adam

[robinwilliams]

[snip]

NONETHELESS, there are likely some big enough bull whales (angel whales) that know that they have it within their power to pump BTC to such prices and beyond on their own and possibly with only a little cooperation from the masses... who would start jumping on board if they begin to see considerable and ongoing BTC price appreciation(s).

[fonzie]

LTC@BTC-E almost 10% lower than in China&Bitfinex.

[tarmi]

So shorts near all time high at a price near the all time low for the year..What could go wrong. Short away!

Yes! Double short positions,  drop price to $300 and then start thinking who will you sell you when you will need to close your positions...

lol

I wouldnt worry about that. plenty of coins these days.

[esse83]

Selling has been too aggressive today, we are in for another pointless bounce 

[Schickeria]

More despair please. Common bears, is this all you've got....pathetic.

Normally these are the words before even bigger dumps are starting  

Well, I think on the next bigger bounce we'll find here a lot of dead bear pictures, though when it happens it's caused at most with money from bears who sold at ~680, buying the coins from bulls who had given up  

[adamstgBit]

grab the money b4 its gone!

[BitChick]

I haven't heard much about the Bitcoin ETF lately.  There seemed to be some consensus that it would open by the end of 2014.  Maybe an "entity" of some sort knows something the rest of us do not know yet?  This would explain a lot about why the price is being desperately pushed down.

[NotLambchop]

...the price is being desperately pushed down.

You've been listening to the wrong people

[Searing]

this is my plan:

1. buy @350
2. buy more @ 300
3. get loans and buy even more @250
4.   Broke

chump or champ...we will be in one camp or another...I'm holding.....will be last man standing with all the BTC
yes...yes....(er hmmm...that is not a good trendline...lets see....life w/o bitcoin to rail about...life would be dull)

er back to yes yes I will own all the bitcoin (worth .01c each but still lots and lots)..king of the hill....hey where'd
everybody go...see all my nice btc?

man FML

but I'm too stubborn to quit now....it has to grow as a protocol to move $$$ around the world...thats the bet
I'm sticking to it....(wtf woulda just got a bass boat with what I've invested in BTC the boat COULDA? sunk right?


so go ahead bitcoin I double dare you to drop to 100 usd...come on put up your dukes.....it will come back up
as usage happens and china farms and other FUD burn out....so I'll take you on ....

in the mean time I give you the 5 stages of Grief

1) Denial 

2) Isolation

2) Anger

3) Bargaining

4) Depression

link: http://en.wikipedia.org/wiki/K%C3%BCbler-Ross_model

think I'm gonna play the denial angle and hold on to my BTC ...Isolation, Anger, Bargaining and Depression will all come to pass if BTC hits $10 a BTC so no
need to go into depth with them..

(losing it...man I'm losing it)

[adamstgBit]

I haven't heard much about the Bitcoin ETF lately.  There seemed to be some consensus that it would open by the end of 2014.  Maybe an "entity" of some sort knows something the rest of us do not know yet?  This would explain a lot about why the price is being desperately pushed down.

i think they keep filling it and it keeps getting rejected, someone posted a link the other day and you could see them filling it every few months.

not sure if legit or even how these things work tho...

maybe regulators are waiting for the "bottom" to open it up to the public?

idk.

[tarmi]

I haven't heard much about the Bitcoin ETF lately.  There seemed to be some consensus that it would open by the end of 2014.  Maybe an "entity" of some sort knows something the rest of us do not know yet?  This would explain a lot about why the price is being desperately pushed down.

desperately?

what is wrong with you guys/chiks? this is some healthy selling.

maybe you all need one big fat red daily 100 k dildo to understand what is going on. but we will be sub 300 by then.

[ShroomsKit]

All you people that are nervous about the price going sub $300, why are you nervous? We obviously aren't going up from these levels with the selling that's going on. If we do go down further from here it would be a great buying opportunity. Also, the only way to alleviate selling pressure is to just sell all those coins. So if you ask me, crash the price, sell all those coins that want to be sold, I'll pick up a few and then we can be on our merry way.

Just like the price can't stay high forever, it can't stay low forever either (unless it goes to 0, astronomically unlikely)

"Going down is great. I'm buying all these cheap coins and when i'm done the Bitcoin wizard will magically make us go up again".

[Raystonn]

I haven't heard much about the Bitcoin ETF lately.  There seemed to be some consensus that it would open by the end of 2014.  Maybe an "entity" of some sort knows something the rest of us do not know yet?  This would explain a lot about why the price is being desperately pushed down.

i think they keep filling it and it keeps getting rejected, someone posted a link the other day and you could see them filling it every few months.

not sure if legit or even how these things work tho...

maybe regulators are waiting for the "bottom" to open it up to the public?

idk.

SEC rejects application for Winklevoss COIN ETF due to Bitcoin's apparent slide toward death.  More news at 11.

/sarcasm

[megadeth]

I'm mentally preparing myself for a repeat of 2011 as worst case scenario.

[BitChick]

I haven't heard much about the Bitcoin ETF lately.  There seemed to be some consensus that it would open by the end of 2014.  Maybe an "entity" of some sort knows something the rest of us do not know yet?  This would explain a lot about why the price is being desperately pushed down.

desperately?

what is wrong with you guys/chiks? this is some healthy selling.

maybe you all need one big fat red daily 100 k dildo to understand what is going on. but we will be sub 300 by then.

As long as I am holding and not selling (or just buying at these prices) the "whales" are the desperate ones.  They are doing everything they can to try to pry my hands open but as I holder I am not giving my "power" away.  

Hold on!  Make those whales suffer.