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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.8%)
7/28 - 11 (9%)
8/4 - 16 (13.1%)
8/11 - 7 (5.7%)
8/18 - 6 (4.9%)
8/25 - 8 (6.6%)
After August - 73 (59.8%)
Total Voters: 122

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26486703 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
inca
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October 25, 2014, 09:46:18 AM

<crap>

The price will fall to zero because recently it has been falling. Amazing market insight.
klee
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October 25, 2014, 09:46:44 AM


1% scenario for you to lose money, according to him:

http://t.co/yvessDPoz7

That's the same dude that was calling for a $3200 top on the last rise.
Which rise exactly?

Can you link the article? I don't remember this...

http://btctrading.wordpress.com/2013/11/18/long-term-update-next-top-at-3600/
Previous November, wasn't for Gox collapse this scenario was very probable
octaft
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October 25, 2014, 09:55:00 AM

Previous November, wasn't for Gox collapse this scenario was very probable

Was not the previous november/december the months the last major rise happened? As for it being probable, we will have to disagree there. That article screams "over-enthusiastic" to me, which matches the general sentiment at the time. That article was the first thing I saw that made me nervous, either that or Fox News talking up bitcoin, whichever one came first, I can't remember.
klee
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October 25, 2014, 09:57:01 AM

Previous November, wasn't for Gox collapse this scenario was very probable

Was not the previous november/december the months the last major rise happened? As for it being probable, we will have to disagree there. That article screams "over-enthusiastic" to me, which matches the general sentiment at the time. That article was the first thing I saw that made me nervous, either that or Fox News talking up bitcoin, whichever one came first, I can't remember.
Agree on over-enthusiastic. Maybe I should have said possible rather than probable.
And yes we peaked end of November.
abercrombie
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October 25, 2014, 09:58:07 AM

ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


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October 25, 2014, 10:00:41 AM


Explanation
redsn0w
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#Free market


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October 25, 2014, 10:02:01 AM

I'm waiting the $250 value , is it possible or not   ? What do you think guys ?

wait and watch why not/ a reversal will be obvious.. seemed obvious the last bounce from 275, but buying momentum was still two weak to the outpace the overall downward trend completely.

You're right , now it is a time to "watch" . I don't want to risk  and lose my money.
ShroomsKit
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October 25, 2014, 10:09:15 AM

I'm waiting the $250 value , is it possible or not   ? What do you think guys ?

Because you are gonna buy all those cheap coins at 250 and then the price will magically go up and you will be rich. Correct?
redsn0w
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October 25, 2014, 10:11:01 AM

I'm waiting the $250 value , is it possible or not   ? What do you think guys ?

Because you are gonna buy all those cheap coins at 250 and then the price will magically go up and you will be rich. Correct?

No , I don't want to be rich . I would like only to buy some bitcoin at $ 250 , is it a problem ? I don't think.
DaRude
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In order to dump coins one must have coins


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October 25, 2014, 10:14:57 AM

Think we're entering the era of industrialized mining, this will be a cut throat competitive market with slimmer profit margins leading to most of 3600btc mined being dumped DAILY
A kid in a dorm/garage is exponentially more likely to hodl but industrialized mega farms simply just can't afford that. Just need to find a price point where there's enough demand to absorb 3600coins daily

http://mobile.bloomberg.com/news/2014-10-21/bitcoin-miner-ditches-clients-to-chase-2-billion-coding-prize.html
Davyd05
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October 25, 2014, 10:16:51 AM

I'm waiting the $250 value , is it possible or not   ? What do you think guys ?

wait and watch why not/ a reversal will be obvious.. seemed obvious the last bounce from 275, but buying momentum was still two weak to the outpace the overall downward trend completely.

You're right , now it is a time to "watch" . I don't want to risk  and lose my money.

I've been buying , I just feel like bitcoin is way to misunderstood, and only time can help that.. why would I give up on it...I mean I guess we should be greedy but I didn't invest because I thought it would make me a millionaire, I invested just enough that I wouldn't feel stupid about not investing anything if it does succeed the way I think it can.

However at this stage wait and see can't hurt too much.
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October 25, 2014, 10:18:39 AM

I'm waiting the $250 value , is it possible or not   ? What do you think guys ?

possible? of course. sub 150$ also possible.
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October 25, 2014, 10:20:18 AM

I'm waiting the $250 value , is it possible or not   ? What do you think guys ?

possible? of course. sub 150$ also possible.

Everything is possible, when we have mkt like Bitcoin, who holding 100k coins can manipulate price easily.
DaRude
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In order to dump coins one must have coins


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October 25, 2014, 10:25:10 AM

I'm waiting the $250 value , is it possible or not   ? What do you think guys ?

Because you are gonna buy all those cheap coins at 250 and then the price will magically go up and you will be rich. Correct?

No , I don't want to be rich . I would like only to buy some bitcoin at $ 250 , is it a problem ? I don't think.


Everything is possible, how probable is the question. No one knows, but if you feel 250 "range" is the bottom the smartest thing would probably be to spread your bids out. Buy some now and put bids all the way down to say 225. Unless you really believe you will hit the bulls eye with this all or nothing $250 approach.
dakota neat
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October 25, 2014, 10:28:31 AM

Meanwhile we have a Cambrian explosion of bitcoin startups:
http://bitcoin.knackhq.com/btcdb#home/
faince222
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October 25, 2014, 10:29:14 AM

I'm waiting the $250 value , is it possible or not   ? What do you think guys ?

possible? of course. sub 150$ also possible.

Everything is possible, when we have mkt like Bitcoin, who holding 100k coins can manipulate price easily.

Exactly, is ridicolous that only one people that have a quantity which starts from 30.000 bitcoin can manipulate market very easily
Searing
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Clueless!


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October 25, 2014, 10:31:23 AM

well part of the problem of bitcoin tanking is do to this.......everyone has a view on bitcoin.....good/bad/indifferent we need it to be 'boring' and useful

is not gonna happen as long as more cashing out then holding or using.....the population is too small thus the drop in price

anyway this kinda sums up the views




no consensus.....no stablity.....no floor

redsn0w
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#Free market


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October 25, 2014, 10:33:06 AM

I'm waiting the $250 value , is it possible or not   ? What do you think guys ?

possible? of course. sub 150$ also possible.

Everything is possible, when we have mkt like Bitcoin, who holding 100k coins can manipulate price easily.

Exactly, is ridicolous that only one people that have a quantity which starts from 30.000 bitcoin can manipulate market very easily

The rule is : first come - first served . It will be easy for an early miners/adopters to manipulate the price of bitcoin .... and this is so bad.
jonoiv
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🐺Dogs for President🐺


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October 25, 2014, 10:36:22 AM

well part of the problem of bitcoin tanking is do to this.......everyone has a view on bitcoin.....good/bad/indifferent we need it to be 'boring' and useful

is not gonna happen as long as more cashing out then holding or using.....the population is too small thus the drop in price

anyway this kinda sums up the views




no consensus.....no stablity.....no floor



Cheesy  nice pic

people shouldn't worry too much, this dumping is all part of the master plan.

fonsie
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October 25, 2014, 10:41:23 AM

May get chance to buy with my trading tranche if we reach 300 again. Bit disappointing this bitcoin market. We may need a retest of the absolute lows again.



"We need to test the lows and after that we will go up".

Where have i heard that before. Oh right, here, the last 10 months.

Where have i heard that before. Oh right, here, the last 10 months.


Dude, seriously go buy a new record.
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