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

[noobtrader]

this price is so crazy, right after all the good news ?

maybe this is actually good news, and make ppl interested to invest in bitcoin. hmmm maybe  

And maybe there ARE Unicorns. You know, we have one here. He's called Oda.Krell  

Sorry Oda, couldn't resist

what i see is someone try to corner the market... they sell... we sell... they buy... they win

Not necessarily, I think you're missing the point here. What if you HODL!!!!!1?

some weak hand will always sold.

[macsga]

He bought at almost 600 

Point taken

[mooncake]

$339 seems to hold.

[mah87]

$339 seems to hold.

yeah sure!! Still not understanding that ripple is the future ?

[noobtrader]

He bought at almost 600 

Point taken

i hope he doesnt have a weak hand, oh dear...

[NotLambchop]

Well i think we are in some kind of pyramid.
...
We can only stop this by not selling shit. So people that are under us will not sell etc etc.

Absolutely.  No one sells, supply approaches 0.  Price skyrockets.  
We've been over this.  
Let's do it already!

[AirFlame]

$339 seems to hold.

If it hits $339 lets start to buy all !!! Who is with me ?

[oda.krell]

Monkey says 4 more days down.  He might not count weekends though.  

After that he wants it to go up for a couple of months.

I'd say monkey is probably plain wrong then, for once. Unless something radically changes in the next few days (say, bounce back to ~420-450 and staying there as week closes), we're most likely going to make a new low post-ATH. Even if we bounce up a bit from the exact spot, there's a good chance we're then in for a long decline, 2011 style. (<-- don't stress, read EDIT below)

Here's the disclaimer that always seems to be necessary in this place: I'm not a "bear troll". The bear market didn't kill the coin in 2011, so let's hope it doesn't in 2014. But if there's any time not to believe in a couple of months uptrend, it's now - unless monkey placed the emphasis on "want", in which case I'd agree with him.

EDIT: By "long decline, 2011 style" I don't mean similar magnitude of price decline, don't think it'll ever get that bad. I mean the overall shape, as in: an extension of the trend since July.

[mooncake]

$339 seems to hold.

yeah sure!! Still not understanding that ripple is the future ?

Seems you are a donator. Did you donate ripple?

[WoopDeBoop]

Cheer up guys at least you aren't bagholding as hard as Tim Draper.

Tim Draper should buy some Ripple, far better investment

lol

[mooncake]

Is double bottom bullish or bearish?

Does it matter the second bottom is lower or higher than the first?

[inca]

Well i think we are in some kind of pyramid.
...
We can only stop this by not selling shit. So people that are under us will not sell etc etc.

Absolutely.  No one sells, supply approaches 0.  Price skyrockets.  
We've been over this.  
Let's do it already!

The question is how much money do those dumpers have left?
I mean those that started this whole dump at $400.

They have lots of money on exchange now. They are likely buying off exchange like crazy and then simply need to buy back to drive the price upwards at a suitably engineered bottom. But how low?

[noobtrader]

Well i think we are in some kind of pyramid.
...
We can only stop this by not selling shit. So people that are under us will not sell etc etc.

Absolutely.  No one sells, supply approaches 0.  Price skyrockets.  
We've been over this.  
Let's do it already!

The question is how much money do those dumpers have left?
I mean those that started this whole dump at $400.

i bet those trollbear are placing bid to replenish their coin, if they buy then price will jump little, then they start trolling again. just like yesterday

[noobtrader]

Cheer up guys at least you aren't bagholding as hard as Tim Draper.

Tim Draper should buy some Ripple, far better investment

lol

when dev of one coin try to dump all his coin, i dont think its a good investment.

[macsga]

Cheer up guys at least you aren't bagholding as hard as Tim Draper.

Tim Draper should buy some Ripple, far better investment

lol

when dev of one coin try to dump all his coin, i dont think its a good investment.

mah87 is here... Bullish?

[mah87]

Cheer up guys at least you aren't bagholding as hard as Tim Draper.

Tim Draper should buy some Ripple, far better investment

lol

when dev of one coin try to dump all his coin, i dont think its a good investment.

mah87 is here... Bullish?

since 800$ I'm telling bitcoin is the past and the it will crash. Ripple is signing several huge bank soon and you stil don't understand that the value web won't be bitcoin.

[ChartBuddy]

Explanation

[Wandererfromthenorth]

Monkey says 4 more days down.  He might not count weekends though.  

After that he wants it to go up for a couple of months.

I'd say monkey is probably plain wrong then, for once. Unless something radically changes in the next few days (say, bounce back to ~420-450 and staying there as week closes), we're most likely going to make a new low post-ATH. Even if we bounce up a bit from the exact spot, there's a good chance we're then in for a long decline, 2011 style.

Here's the disclaimer that always seems to be necessary in this place: I'm not a "bear troll". The bear market didn't kill the coin in 2011, so let's hope it doesn't in 2014. But if there's any time not to believe in a couple of months uptrend, it's now - unless monkey placed the emphasis on "want", in which case I'd agree with him.

Agreed.

[noobtrader]

no one sell, all bid  

[mooncake]

This rebound seems too strong to be a bear trap...