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

[inca]

Now would be a good time for Loaded to wink.

[ShroomsKit]

Oh look. Traders dumping the fuck out of the market after we went up 20 bucks. Didn't see that one coming.

this bear is not fun anymore

Funny. Because i'm not a delusional bull i am a bear?

[noobtrader]

Relentless buying... who ARE these people?

People that realize this is a good deal.

i wonder what chinese will think when they wake up ? wow such volume and price ? buy or sell ?

[QuestionAuthority]

Now would be a good time for Loaded to wink.

Loaded isn't the only one holding lots of Bitcoin.

[ShroomsKit]

Relentless buying... who ARE these people?

People that realize this is a good deal.

i wonder what chinese will think when they wake up ? wow such volume and price ? buy or sell ?

One of the two.

[micalith]

Relentless buying... who ARE these people?

People that realize this is a good deal.

i wonder what chinese will think when they wake up ? wow such volume and price ? buy or sell ?

allot of them sold a long time ago, so buy I'd reckon

[fonzie]

Just bought. Let's roll the dice!

Edit: that moved up quickly

Dead cat bounce. Won't go higher than 310. We'll hit 270 or lower tomorrow. Sub 200 less than a week from now. Sub 100 in less than three weeks. Mark my words.

Marked! 320$ mofo, Choo choo

[noobtrader]

Oh look. Traders dumping the fuck out of the market after we went up 20 bucks. Didn't see that one coming.

this bear is not fun anymore

Funny. Because i'm not a delusional bull i am a bear?

i meant this beartrap maker who drop price to 275, not you surely....    maybe it is you

[crazy_rabbit]

I'm selling just enough to get some cash, and then I'm going to pray to god that this thing craters an enormous hole in the ground. The price is getting so low that I'm actually getting EXCITED about my chance to buy back in again. SINGLE DIGITS BABY!!!!!!!!COME ON!!!!!!


A quote from the NYT's article: http://www.forbes.com/sites/markrogowsky/2014/10/05/krugmania-as-bitcoins-price-falls-the-nyt-pundit-takes-a-very-premature-victory-lap/

"Here’s an example from the land of speculative frenzy cum even better reality, with a massive dose of pain thrown in between. Consider Priceline, the online travel broker. A dot-com poster child back in the late 1990s, the stock was at $497 when it went public, not terribly long after Krugman compared the internet to fax machines. It would double soon after and then join in the dot-bomb implosion. The stock lost more than 99% of its value by December of 2000, falling below $9 per share and wouldn’t reliably escape the $20s until 2006. Priceline today trades for $1139 per share, up 14,748% from its lows.

When, exactly, were you supposed to point and laugh at everyone who invested in the company? When were you supposed to call the idea of selling off excess hotel inventory a “con”? It’s impossible to know, of course, if the trajectory of Bitcoin will in any way resemble Priceline’s. For one, Bitcoin would have to continue dropping down to about $12 from current levels (around $305 as I write this, but very volatile) to match the fall of Priceline. For another, Priceline is a company and Bitcoin is a combination of a currency and a commodity, the latter a function of the “mining” that’s done to create the coins in the first place. The potential of Bitcoin far exceeds anything Priceline has done."

[rb1205]

Meanwhile at stamp's HQ

[alexeft]

Meanwhile at stamp's HQ

ROFL!!!!

[QuestionAuthority]

I'm selling just enough to get some cash, and then I'm going to pray to god that this thing craters an enormous hole in the ground. The price is getting so low that I'm actually getting EXCITED about my chance to buy back in again. SINGLE DIGITS BABY!!!!!!!!COME ON!!!!!!


A quote from the NYT's article: http://www.forbes.com/sites/markrogowsky/2014/10/05/krugmania-as-bitcoins-price-falls-the-nyt-pundit-takes-a-very-premature-victory-lap/

"Here’s an example from the land of speculative frenzy cum even better reality, with a massive dose of pain thrown in between. Consider Priceline, the online travel broker. A dot-com poster child back in the late 1990s, the stock was at $497 when it went public, not terribly long after Krugman compared the internet to fax machines. It would double soon after and then join in the dot-bomb implosion. The stock lost more than 99% of its value by December of 2000, falling below $9 per share and wouldn’t reliably escape the $20s until 2006. Priceline today trades for $1139 per share, up 14,748% from its lows.

When, exactly, were you supposed to point and laugh at everyone who invested in the company? When were you supposed to call the idea of selling off excess hotel inventory a “con”? It’s impossible to know, of course, if the trajectory of Bitcoin will in any way resemble Priceline’s. For one, Bitcoin would have to continue dropping down to about $12 from current levels (around $305 as I write this, but very volatile) to match the fall of Priceline. For another, Priceline is a company and Bitcoin is a combination of a currency and a commodity, the latter a function of the “mining” that’s done to create the coins in the first place. The potential of Bitcoin far exceeds anything Priceline has done."

Who doesn't like Capt. Kirk?

[noobtrader]

Relentless buying... who ARE these people?

People that realize this is a good deal.

i wonder what chinese will think when they wake up ? wow such volume and price ? buy or sell ?

One of the two.

WRONG !!!!

they may buy a pack of popcorn see the trading revealed before they jump in or out

checkmate bro !!! hahahahahahahah

[spooderman]

My bids were at 274   what a loser!

Anyway, that was some serious wall.

Thanks MR TOPIC Manipulator.

His main objective is not market manipulation, it is keeping us ON TOPIC.

[POM]

Meanwhile at stamp's HQ

IM DEAD 

[prophetx]

I'm selling just enough to get some cash, and then I'm going to pray to god that this thing craters an enormous hole in the ground. The price is getting so low that I'm actually getting EXCITED about my chance to buy back in again. SINGLE DIGITS BABY!!!!!!!!COME ON!!!!!!


A quote from the NYT's article: http://www.forbes.com/sites/markrogowsky/2014/10/05/krugmania-as-bitcoins-price-falls-the-nyt-pundit-takes-a-very-premature-victory-lap/

"Here’s an example from the land of speculative frenzy cum even better reality, with a massive dose of pain thrown in between. Consider Priceline, the online travel broker. A dot-com poster child back in the late 1990s, the stock was at $497 when it went public, not terribly long after Krugman compared the internet to fax machines. It would double soon after and then join in the dot-bomb implosion. The stock lost more than 99% of its value by December of 2000, falling below $9 per share and wouldn’t reliably escape the $20s until 2006. Priceline today trades for $1139 per share, up 14,748% from its lows.

When, exactly, were you supposed to point and laugh at everyone who invested in the company? When were you supposed to call the idea of selling off excess hotel inventory a “con”? It’s impossible to know, of course, if the trajectory of Bitcoin will in any way resemble Priceline’s. For one, Bitcoin would have to continue dropping down to about $12 from current levels (around $305 as I write this, but very volatile) to match the fall of Priceline. For another, Priceline is a company and Bitcoin is a combination of a currency and a commodity, the latter a function of the “mining” that’s done to create the coins in the first place. The potential of Bitcoin far exceeds anything Priceline has done."

i am ready to buy if the BTC price falls 99% from the ATH lol

having said that i doubt it would go below $67

[explorer]

I think the fear has reached an extreme far higher than anything in 2014 yet. People (including me) are talking about getting back to work, putting castles for sale, and the price reaching $100-$200 in a matter of weeks.

Typically, extreme fear is associated with prices that in nearly all timeframes provide far above-average returns. Unlike most extreme fear situations, the one in Bitcoin now is very easy to capitalize on, because bitcoins can easily be bought 24/7.

Even if buying more is not a realistic option due to the portfolio already being heavy in BTC, selling is generally not warranted unless you want to be one of those taken advantage of.

When you think about it, Bitcoin is a real threat to economy in a given society, when the value goes up that fast ( as you claim it will) many people will be leaving their daily productive jobs.... and when thinking about mass adoption I start thinking about a bunch of greedy lazy bastards.... this surely will result to the collapse of that society.


Thankfully, after being home for 7 months now, I started looking for a job.

I think there is far more unemployment than there is newly crypto-rich retirees.  In fact, it might just be part of the solution.  I will let you know in another order of magnitude or two...

[prophetx]

ok i'm out to a party for a few hours

no more PnD while i'm gone please

(need to buy a fresh bag of corn for the rest of the week

[crazy_rabbit]

I think the fear has reached an extreme far higher than anything in 2014 yet. People (including me) are talking about getting back to work, putting castles for sale, and the price reaching $100-$200 in a matter of weeks.

Typically, extreme fear is associated with prices that in nearly all timeframes provide far above-average returns. Unlike most extreme fear situations, the one in Bitcoin now is very easy to capitalize on, because bitcoins can easily be bought 24/7.

Even if buying more is not a realistic option due to the portfolio already being heavy in BTC, selling is generally not warranted unless you want to be one of those taken advantage of.

When you think about it, Bitcoin is a real threat to economy in a given society, when the value goes up that fast ( as you claim it will) many people will be leaving their daily productive jobs.... and when thinking about mass adoption I start thinking about a bunch of greedy lazy bastards.... this surely will result to the collapse of that society.


Thankfully, after being home for 7 months now, I started looking for a job.

Fortunately, I never quit mine. :-)

[noobtrader]

I think the fear has reached an extreme far higher than anything in 2014 yet. People (including me) are talking about getting back to work, putting castles for sale, and the price reaching $100-$200 in a matter of weeks.

Typically, extreme fear is associated with prices that in nearly all timeframes provide far above-average returns. Unlike most extreme fear situations, the one in Bitcoin now is very easy to capitalize on, because bitcoins can easily be bought 24/7.

Even if buying more is not a realistic option due to the portfolio already being heavy in BTC, selling is generally not warranted unless you want to be one of those taken advantage of.

When you think about it, Bitcoin is a real threat to economy in a given society, when the value goes up that fast ( as you claim it will) many people will be leaving their daily productive jobs.... and when thinking about mass adoption I start thinking about a bunch of greedy lazy bastards.... this surely will result to the collapse of that society.


Thankfully, after being home for 7 months now, I started looking for a job.

Fortunately, I never quit mine. :-)

i think he never work... i dont think ppl that live inside castle work, right