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

[chairforce1]

Should be enough blood on the streets already...

I watched Cabin Fever Patient Zero last night and it was awesome. Now its like I'm watching it again haha.

[aclass]

Why would he do that?

I think that the one who had that 30K BTC and sold into that 5K BTC wall is a legit seller and not a manipulator....

[touhonoob]

you are a fool if you think this is the end.
we are reaching the bottom this week.

have a nice day!

I hope that I have more money for cheap coins  
It's time to 25x your savings

[ShroomsKit_Disgrace]

Btc whales are noticing that Btc was a nice experiment and now it is the time for 2.0 cryptos.

Yeah i gues that´s what happening. Which scamcoin (that you did  invest in)  would you like to get pumped?

FIAT, EUR particularly. I have thousands of it.

[Richard Branson]

I think that the one who had that 30K BTC and sold into that 5K BTC wall is a legit seller and not a manipulator....

Yeah. If you have 30-50k Bitcoins and did never sell (mined or bought in 2010/2011) then it is time to take some profits.
And 300$ is not that bad (compared to 0.05$). The ATH was only 4x higher (and only a short moment). You can still make a shitload of good, old fiat and invest in somewhere else (house, metals, startup firm,...)

[aclass]

EUR did go down a bit in the last couple of weeks.

Btc whales are noticing that Btc was a nice experiment and now it is the time for 2.0 cryptos.

Yeah i gues that´s what happening. Which scamcoin (that you did  invest in)  would you like to get pumped?

FIAT, EUR particularly. I have thousands of it.

[Xiaoxiao]

No this thing is going to be BAD.  The reason right after GOX was obliterated and the price didn't really move, was because according to some TA it was time for a new rally so everyone had their hopes up.  The thing is no one knew that the age of exchange engineered rallies are now officially over.  So the dust started settling and now we are seeing it.  Who knows how low the dust will settle, but I believe it could go as low as sub $50 or sub $30.

[prophetx]

Btc whales are noticing that Btc was a nice experiment and now it is the time for 2.0 cryptos.

Yeah i gues that´s what happening. Which scamcoin (that you did  invest in)  would you like to get pumped?

I recommend buying some XCP

not sure if it is a scam or not, might be a ponzi scheme

[fonzie]

I think that the one who had that 30K BTC and sold into that 5K BTC wall is a legit seller and not a manipulator.... the minute he saw that Bid wall he saw a chance to sell off some of his stash and he did put the ask wall thinking that someone will eat into it.

 

Ok, so why did he remove it after a short while if he is a legit seller, and why did  build up that 8000BTC bid wall @380....
and why didn´t he slowly sell out over all exchanges distributed.
he also could have sold on Bitfinex @ 360 when they had around 10-12k down to 300$
I don´t think that someone with that much BTC suddenly decides to panic when it goes from 350 to 310$
Sorry but your explanation is highly unlikely.

[porcupine87]

Ok, back from fiat to bitcoin. My guess is that we go back to 350 - 400 in a couple of days. Maybe we will test 250, but who knows...

[pjviitas]

Next stop...$156.20 and even that is overvalued.

Single digits...single digits is all its worth at the very most.

Personally I wouldn't buy back in until its less than a dollar.

[James1970]

just wait for 250

[podyx]

Meanwhile hashrate keeps climbing

The bidside looks so fucking thin though

It really makes no fucking sense which is kinda why I'm expecting that this is the end....

[Xiaoxiao]

Ok, back from fiat to bitcoin. My guess is that we go back to 350 - 400 in a couple of days.

No are you serious?  It just hit the previous ATH which no one said it would hit, and there is not even a dead cat bounce.  No it most likely won't hit that range, and if it does it will fall even harder towards end of 2014.

[blade87]

I think that the one who had that 30K BTC and sold into that 5K BTC wall is a legit seller and not a manipulator....

Yeah. If you have 30-50k Bitcoins and did never sell (mined or bought in 2010/2011) then it is time to take some profits.
And 300$ is not that bad (compared to 0.05$). The ATH was only 4x higher (and only a short moment). You can still make a shitload of good, old fiat and invest in somewhere else (house, metals, startup firm,...)

I guess there's always that early investor(s) who end up completing the bubble cycle. Because even at these prices, there's still a lot to be gained. And it's not like they have to sell off their entire stash. They can sell off 50% to secure millions and ensure that money, and still keep the other 50% for the long term.

[lucky88888]

i voted yes bitcoin is done just to make more panic!

[wiak2]

Smell the despair!  Time to load up, spring is coiled.

[prophetx]

No this thing is going to be BAD.  The reason right after GOX was obliterated and the price didn't really move, was because according to some TA it was time for a new rally so everyone had their hopes up.  The thing is no one knew that the age of exchange engineered rallies are now officially over.  So the dust started settling and now we are seeing it.  Who knows how low the dust will settle, but I believe it could go as low as sub $50 or sub $30.

[seleme]

I have to admit I am kind of worried...there is something happening behind the scenes.

Seeing that wall, the only thing it might happening behind is bullish.

[robinwilliams]

I hope that I have more money for cheap coins  Grin
It's time to 25x your savings

whenever i see these i know it's not time to invest gamble yet.