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

[magicmexican]

Seems like that almost (if not all) price-affecting news moved behind the scenes. Some months ago a drop like this went hand in hand with either something China related or with MtGox. But nowadays the public can only guess what the fuck is going on.

[anujjain]

Reminder:

The first time we had volume this high on the daily was when SR went bust.

:^)

So which one will bust this time. But the volume on stamp is unbelivable.

[ChartBuddy]

Explanation

[ElectricMucus]

Reminder:

The first time we had volume this high on the daily was when SR went bust.

:^)

That's bullshit.
Both the 1200 peak and the following lows were higher.

[micalith]

I'd be happier if the speculation nutters don't get too carried away with this one. I'd rather it go sideways for a couple more months while the mass adoption rolls out

[gwoplock]

C'mon stamp... one 1k buy please, so we can jump to 350$  

Come on guys I need the price lower to get money together. maybe sub 300's

[Torque]

I'd be happier if the speculation nutters don't get too carried away with this one. I'd rather it go sideways for a couple more months while the mass adoption rolls out

Don't worry, unless you see it suddenly break 350 with rising and heavy volume that sustains for a long while, the price is not going anywhere.  In that case you'll have weeks of sideways and plenty of time.

[BitChick]

I'd be happier if the speculation nutters don't get too carried away with this one. I'd rather it go sideways for a couple more months while the mass adoption rolls out

I don't know.  We have had plenty of months where the price wasn't doing much.  I think we are all long over due for a massive bubble!   

[gwoplock]

I'd be happier if the speculation nutters don't get too carried away with this one. I'd rather it go sideways for a couple more months while the mass adoption rolls out

Don't worry, unless you see it suddenly break 350 with rising and heavy volume, the price is not going anywhere.  In that case you'll have weeks of sideways and plenty of time.

I think so too. I'd like to see some slow down in the Rate we get bubbles

[adamstgBit]

I'd be happier if the speculation nutters don't get too carried away with this one. I'd rather it go sideways for a couple more months while the mass adoption rolls out

Don't worry, unless you see it suddenly break 350 with rising and heavy volume, the price is not going anywhere.  In that case you'll have weeks of sideways and plenty of time.

I think so too. I'd like to see some slow down in the Rate we get bubbles

honey badger don't care, man.

 

[keithers]

Man the market manipulation has been going crazy over this past month.   Prices are doing the opposite of what you would think would be logically happening right now given all of the adoption and business development that has skyrocketed...

[gwoplock]

I'd be happier if the speculation nutters don't get too carried away with this one. I'd rather it go sideways for a couple more months while the mass adoption rolls out

Don't worry, unless you see it suddenly break 350 with rising and heavy volume, the price is not going anywhere.  In that case you'll have weeks of sideways and plenty of time.

I think so too. I'd like to see some slow down in the Rate we get bubbles

honey badger don't care, man.

 

Is this the "honey badger don't care" thread? 

[yefi]

I'd be happier if the speculation nutters don't get too carried away with this one. I'd rather it go sideways for a couple more months while the mass adoption rolls out

Has Bitcoin ever done months of sideways? Historic prices look stable from today's high, but zoom it up and it was even more volatile.

[Torque]

I'd be happier if the speculation nutters don't get too carried away with this one. I'd rather it go sideways for a couple more months while the mass adoption rolls out

Don't worry, unless you see it suddenly break 350 with rising and heavy volume, the price is not going anywhere.  In that case you'll have weeks of sideways and plenty of time.

I think so too. I'd like to see some slow down in the Rate we get bubbles

honey badger don't care, man.

 

Honey badger's 'masters' do, though.  Or at least I thought they did.  Honey badger's masters now need the new Joe Public to buy like crazy.  But they destroyed market confidence by excessive shorting for almost a solid year straight, so now Joe Public is scared as hell to touch bitcoin.  A new ATH is probably at least 24 months away.

I would LOVE to be proven wrong, would love it.  But people are really disregarding bad market sentiment now.  As if it will just magically go away in a few months.  Even existing bull bitcoiners are getting discouraged and are probably not buying more.

[adamstgBit]

http://youtu.be/8cVlOWwsKgo?t=14m50s
Amir Taaki, goes ate shit thinks big on Keiser Report.

[micalith]

I'd be happier if the speculation nutters don't get too carried away with this one. I'd rather it go sideways for a couple more months while the mass adoption rolls out

Don't worry, unless you see it suddenly break 350 with rising and heavy volume, the price is not going anywhere.  In that case you'll have weeks of sideways and plenty of time.

I think so too. I'd like to see some slow down in the Rate we get bubbles

honey badger don't care, man.

 

Honey badger's 'masters' do, though.  Or at least I thought they did.  Honey badger's masters now need the new Joe Public to buy like crazy.  But they destroyed market confidence by excessive shorting for almost a solid year straight, so now Joe Public is scared as hell to touch bitcoin.  A new ATH is probably at least 24 months away.

I would LOVE to be proven wrong, would love it.  But people are really disregarding bad market sentiment now.  As if it will just magically go away in a few months.

the public reluctance you speak of is why we need sideways-ish for a while. Don't want them to see it as a purely speculative commodity, thus not get involved if they think they've missed the CCMF train

[NewLiberty]

Reminder:

The first time we had volume this high on the daily was when SR went bust.

:^)

That's bullshit.
Both the 1200 peak and the following lows were higher.

Those were after, not first.

[steady712]

We are back baby.

[BitChick]

I'd be happier if the speculation nutters don't get too carried away with this one. I'd rather it go sideways for a couple more months while the mass adoption rolls out

Don't worry, unless you see it suddenly break 350 with rising and heavy volume, the price is not going anywhere.  In that case you'll have weeks of sideways and plenty of time.

I think so too. I'd like to see some slow down in the Rate we get bubbles

honey badger don't care, man.

 

Honey badger's 'masters' do, though.  Or at least I thought they did.  Honey badger's masters now need the new Joe Public to buy like crazy.  But they destroyed market confidence by excessive shorting for almost a solid year straight, so now Joe Public is scared as hell to touch bitcoin.  A new ATH is probably at least 24 months away.

I would LOVE to be proven wrong, would love it.  But people are really disregarding bad market sentiment now.  As if it will just magically go away in a few months.

the public reluctance you speak of is why we need sideways-ish for a while. Don't want them to see it as a purely speculative commodity, thus not get involved if they think they've missed the CCMF train

I think more people will want to get involved as they see the price rise.  They will then throw more money in and be impressed with the quick gains.  I know that when my husband I first bought in we just did so with a speculative mindset, knowing we could lose it all because it was a bit risky (much more in early 2013 than now even!)  We only dabbled and didn't buy much but when the price skyrocketed in a matter of weeks we then realized the potential and read up even more and then tried to grasp the bigger picture of what Bitcoin was and could potentially be.  It was the bubble that caused us to become very serious investors.  There are plenty of investments out there for those that prefer "sideways" movements.  Bitcoin is not that kind of "investment."  

[adamstgBit]

I'd be happier if the speculation nutters don't get too carried away with this one. I'd rather it go sideways for a couple more months while the mass adoption rolls out

Don't worry, unless you see it suddenly break 350 with rising and heavy volume, the price is not going anywhere.  In that case you'll have weeks of sideways and plenty of time.

I think so too. I'd like to see some slow down in the Rate we get bubbles

honey badger don't care, man.

 

Honey badger's 'masters' do, though.  Or at least I thought they did.  Honey badger's masters now need the new Joe Public to buy like crazy.  But they destroyed market confidence by excessive shorting for almost a solid year straight, so now Joe Public is scared as hell to touch bitcoin.  A new ATH is probably at least 24 months away.

I would LOVE to be proven wrong, would love it.  But people are really disregarding bad market sentiment now.  As if it will just magically go away in a few months.

the public reluctance you speak of is why we need sideways-ish for a while. Don't want them to see it as a purely speculative commodity, thus not get involved if they think they've missed the CCMF train

what bitcoin needs is a hot market place where poeple are using bitcoin as a medium of exchange in a P2P manner, without middlemen taking a cut etc. etc.. as it was indented. this will gr8ly improve confidence, and joe blow will have more faith in the system as a whole.

such a marketplace is rapidly being developed, and once its easily accessible i will setup shop.

there is real value here, its not just some story that get media buzz every once in a while and "bubbles", it sure LOOKS like that right now, on the surface, but that will change SOON TM