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

[ChartBuddy]

Explanation

[cbeast]

Down we go.

going up from here

Rule of thirds and superstitious numbers is my predictive tool for price. 30s and 60s have the most resistance. 333 is a very strong number, but it may not hold. The next number is pop culture 300. That's when the Hodlers scream.

[gizmoh]

Sorry guys, i'm cutting my loose  
keeping some ammo for $2xx-ish, more and more probable now.

[Searing]

there are only two things about bitcoin that will be very very clear in 10 years..... (bitcoin is mysterious to me don't ya know)

1) I will be very very happy i held on to all the coin i mined and accumulated  HOLDING

or

2) I will be very very sad i held on to all my coin i mined and accumulated  HOLDING  


there will likely be no middle ground in all this imho ......( i used to have such a boring life.....now not so much)

fun fun never a dull moment!

[BlindMayorBitcorn]

Sorry guys, i'm cutting my loose 
keeping some ammo for $2xx ish, more and more probable now.

Another early adopter has found his exit. The feedback loop begins?

[cbeast]

I'm guessing KNC will soon start selling miners again. lol

[cbeast]

Sorry guys, i'm cutting my loose 
keeping some ammo for $2xx ish, more and more probable now.

Another early adopter has found his exit. The feedback loop begins?

Nope because when it takes off, the boat won't wait for orders. Deals are already made to cut civilians out of the bitcoin buyer's club.

[BlindMayorBitcorn]

Sorry guys, i'm cutting my loose 
keeping some ammo for $2xx ish, more and more probable now.

Another early adopter has found his exit. The feedback loop begins?

Nope because when it takes off, the boat won't wait for orders. Deals are already made to cut civilians out of the bitcoin buyer's club.

There is a pretty hefty premium to join

[gizmoh]

Sorry guys, i'm cutting my loose 
keeping some ammo for $2xx ish, more and more probable now.

Another early adopter has found his exit. The feedback loop begins?

Nope, am a 'late' adopter bought between $160 to  $240 in April 2013. But i trade actively 

But you are right, early adopters are going to cut some loose with a less than abysmal profit. There are handful 10k btc guys out there, feeling the heat of an evaporating fortune, and if we breach $266, blood is going to pour on the streets by end of year.
Industrial mining is milking USD out of the market, miners deserve some pain too

 

[BlindMayorBitcorn]

Sorry guys, i'm cutting my loose 
keeping some ammo for $2xx ish, more and more probable now.

Another early adopter has found his exit. The feedback loop begins?

Nope, am a 'late' adopter bought between $160 to  $240 in April 2013. But i trade actively 

But you are right, early adopters are going to cut some loose with a less than abysmal profit. There are handful 10k btc guys out there, feeling the heat of an evaporating fortune, and if we breach $266, blood is going to pour on the streets by end of year.
Industrial mining is milking USD out of the market, miners deserve some pain too

 

Wow. Very scary Halloween

[Searing]

I'm guessing KNC will soon start selling miners again. lol

If they do it will be over priced 20K plus machines...I doubt they will ever want to sell to home miners again

just my guess..and even if above is true..will be minimal effort on above imho

[ChartBuddy]

Explanation

[BlindMayorBitcorn]

Explanation

Told you

[barbs]

Well, this is ugly.

[SkyValeey]

Sorry guys, i'm cutting my loose 
keeping some ammo for $2xx ish, more and more probable now.

Another early adopter has found his exit. The feedback loop begins?

Nope, am a 'late' adopter bought between $160 to  $240 in April 2013. But i trade actively 

But you are right, early adopters are going to cut some loose with a less than abysmal profit. There are handful 10k btc guys out there, feeling the heat of an evaporating fortune, and if we breach $266, blood is going to pour on the streets by end of year.
Industrial mining is milking USD out of the market, miners deserve some pain too

 

If someone is early adopter or mid-early adopter and hold for long and didn't sell at 1000$+ and hold till now, this one is very stupid early adopter imo.

[Malin Keshar]

Weekends are dump times.


Only need to worry if no recover in the mid week

[inca]

Zero volume then the large dumps simply means the price is being guided lower to paint the chart, nothing organic about it. I suppose a retest of the low could be on the cards.

Market has to confirm an absolute bottom first. I doubt we go lower than 300 (simply because that is where my buy order is).

I don't know why you get so excited about traders shroomskit. They are a zero sum game, flies chasing the whales, adding depth to the orderbook for real buyers and sellers to use.

[Mickeyb]

Zero volume then the large dumps simply means the price is being guided lower to paint the chart, nothing organic about it. I suppose a retest of the low could be on the cards.

Market has to confirm an absolute bottom first. I doubt we go lower than 300 (simply because that is where my buy order is).

I don't know why you get so excited about traders shroomskit. They are a zero sum game, flies chasing the whales, adding depth to the orderbook for real buyers and sellers to use.

Weekends are dumping days like somebody said above. We will retest 300s but after that we are going up.

[ChartBuddy]

Explanation

[Tzupy]

24.5k BTC may be auctioned in the near future by the Aussies:
http://www.coindesk.com/australian-government-soon-hold-9-million-bitcoin-auction/