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

[ChartBuddy]

Explanation

[fonzie]

The bulls really should thank all the shorters right now, they prevent it from going down further. They are fighting each other about the remaining asks, as soon as it gets down a few dollars.

[razorramon]

so...i guess that is/was the correction to the downside...

cftc ending was BULLISH

[esse83]

Poor bitcoin That is all the pump could manage, now comes the crash (with several pumps up, but uptrend broken). Last time we had a real try (pump) we went from 339 to 680.. this time from 275 to 395. Cut your loose now!

Hhaha, we still have so many bearish guy who still think price will drop drastically again.

I'm a bullbear, the most noble, objective and neutral creature there ever was  

[Thomas-s]

Closing words from the CFTC were:
Bitcoin is here to stay.
PUMP

[BrewCrewFan]

We are on the same page buddy

http://www.onlinevideoservice.com/clients/cftc/video.htm?eventid=cftclive

Hottest chick around is behind Tim. Period!

She looks like that chic from the sparkle vampire movies.... er.... Twilight or whatever that is.

[klee]

Brain itch after some of that CTFC meeting but hell yes, CCMF.

What was the outcome of this meeting?

[tarmi]

all that story about exchanges providing info about their users and customers, but no words about the price and practices like selling to yourself?

[mb300sd]

aww poor bears

Reminds me of those selling at 10-15 dollars late 2012

I sold way too many at $5, drank away nearly $2M at todays prices...

[Thomas-s]

Brain itch after some of that CTFC meeting but hell yes, CCMF.

What was the outcome of this meeting?

Nothing.

[njcarlos]

There was nothing positive or negative about that meeting. Nothing was decided it was just a Q&A session. Not well done, by the BTC side, either. They don't explain things well to those who aren't as technically savvy, which is unfortunate.

[razorramon]

There was nothing positive or negative about that meeting. Nothing was decided it was just a Q&A session. Not well done, by the BTC side, either. They don't explain things well to those who aren't as technically savvy, which is unfortunate.

i quote the chairman

"bitcoin is here to stay"
"we would make a mistake if we would not do it" (i cannot exactly cite that one)

[rjp55]

Gotta say, I've been a bull since I got in and have held on many powerful dips downwards. I never get angry about it even though it sucks because hey- free f-ing market. Shrooms whining constantly makes it hard to be happy for him when bullish movements are made. Suck it up.

[macsga]

Brain itch after some of that CTFC meeting but hell yes, CCMF.

What was the outcome of this meeting?

Regulate BTC. Shut up and take our money!

[YogoH]

The bulls really should thank all the shorters right now, they prevent it from going down further. They are fighting each other about the remaining asks, as soon as it gets down a few dollars.

Possibly but Huobi is also fighting.

[klee]

Now let's tear down this Beerstamp wall again!

[Newbie1022]

I told you all to put on shorts when we ran up to $387.

Nailed it!

[njcarlos]

"bitcoin is here to stay"
"we would make a mistake if we would not do it" (i cannot exactly cite that one)

"And it just seems like based on what I have learned, some of those applications could be so compelling that it would be a real mistake for us as a commission to not make sure we are staying on top of these development's.
Not, because we want to do anything other than understand the developments because it seems like this protocol, the Bitcoin protocol or something like it is very, very likely here to stay.
So the more information and education we can do on this now in trying to stay somewhere on the appropriate spot of the learning curve, it seems to be a very sensible thing to do.
So I think that it has been very, very helpful and thank you for representing the CFCT staff and I will turn it back over now."

Let's not mince words.

[serenitys]

Brain itch after some of that CTFC meeting but hell yes, CCMF.

What was the outcome of this meeting?

Regulate BTC. Shut up and take our money!

Also telling what the actual paradigm is of the one guy in particular when he wanted to know how to use bitcoin to transfer fiat.

I felt a face palm coming on  

I wish the spokespeople for bitcoin would just once have the balls enough to say, we're giving you room to participate in making bitcoin a safe pain in the ass free alternative to your worthless fiat, but if you think you can regulate it out of existence, think again. It's here to stay. This is just professional courtesy...you don't control shit 

[razorramon]

"bitcoin is here to stay"
"we would make a mistake if we would not do it" (i cannot exactly cite that one)

"And it just seems like based on what I have learned, some of those applications could be so compelling that it would be a real mistake for us as a commission to not make sure we are staying on top of these development's.
Not, because we want to do anything other than understand the developments because it seems like this protocol, the Bitcoin protocol or something like it is very, very likely here to stay.
So the more information and education we can do on this now in trying to stay somewhere on the appropriate spot of the learning curve, it seems to be a very sensible thing to do.
So I think that it has been very, very helpful and thank you for representing the CFCT staff and I will turn it back over now."

thx