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

[Elwar]

Does anyone has any info regarding Secondmarket ETF? There were rumours that they would go live today...

http://news.bitcoinial.com/news/second-market-etf-coming-nov14-2340

Come on...

I still have more bitcoins to buy in the 300s.

Hold off on all major investor news for the next week please.

Pardon me... my bad! 

Put the price back. Wire transfer is on its way.

[Sitting Bull]

LOL $414 again. Bear traps or bull traps? We'll see

[aspa]

There's a war at 414, the 38.2% fib retrace from 315/475, and the bulls might just win

[NotLambchop]

Do it.

[nanobrain]

Ignore me or not, I just can't stand any more ShroomsKit's jealousy for other people making money on dumps. All he wants is a day to dump all his BTC to his fiat bank account, and he is calling other people short-sighted, imagine that!

No, I'm not ignoring you just predicting shroomsy's response.

[nanobrain]

The price has been recently taking massive swings. It has gone from 320 to over 400, and back down, 2 times. I am not sure what to understand from it.

It has one reason. Something which is new to Bitcoin since this year: Dumpers who do everything in their power to take the price down. Every single time.
We're gonna have a real hard time going up again.
I just don't understand what caused this behaviour. They just refuse to let the price go up.  

It's absolutely crazy.

You are constantly whining like a child which can not understand why do the grownups do what they do. Problem is you are stuck in the fiat logic, counting your gains/loses in fiat instead of BTC. Try to finally understand that if you had 100 BTC each worth US$ 1000 each, and you now have 110 BTC each worth 400 BTC, you have not lost 56%, you gained 10%. Try to dig that into your thick head, the current price is irrelevant, it only matters how much BTC you will have when the day comes you wouldn't have to exchange them for fiat at all. The most straightforward way for smart people to gain more BTC trading is to push the price down selling as much as they can and buy more BTC when the price hits the bottom of the dump. Not everyone can trade with leverage on Bitfinex, most people trade on all other exchanges where there is no leveraged margin trading, so every they of price rising is their day lost, and every day price falling can be a big gain for them. I don't know how to put it more simpler, please try to finally understand total non-importance of short term price drops.

I love the smell of "welcome to ignore" in the morning!!

Ignore me or not, I just can't stand any more ShroomsKit's jealousy for other people making money on dumps. All he wants is a day to dump all his BTC to his fiat bank account, and he is calling other people short-sighted, imagine that!

I think he was referring to shroomskit who has ignored, at a rough estimate... 90% of the forum.


EDIT: the bull is back finally

There you go...someone is paying attention.

BTW...its she for your records.  Although apparently women don't exist here.

[ShroomsKit]

Pump dump pump dump.

[bobboooiie]

from when 796.com doesnt have fees ?

[Fatman3001]

Willy2.0 was beaten down by the nervous miners who don't want to ride this train any longer.
But I still think that the next couple of weeks could be interesting for those who trade. I think that BTC can go to 800$ tops, because the amount of coins held by miners, who have worked with a loss and accumulated a very large pile over these months. I highly doubt that there will be a strong enough buying interest to push through this heavy pile. My prediction is that BTC will experience an avalanche like never seen before in the near future, when the market realizes that it can't sustain the heavy cost of mining.
Anyway, I'm glad that someone tried to stimulate the market, because it made trading BTC fun again. In the longer timeframe, my aim is to accumulate PPC instead.

What great humor that can be provide through this thread............ PPC... good luck with that.. 

PPC, woah, those were the times...

http://en.wikipedia.org/wiki/PowerPC_970

PPC will get you to The Moon and Beyond for sure!

http://en.wikipedia.org/wiki/RAD750

[Auxi]

update poll, please!!
We can see the moon! haha

[grappa_barricata]

china over 2500 RMB, yeah

[aspa]

New battle at finex. Seems to be locked between 414 and 405. Stamp should lead the way

[Auxi]

Pump dump pump dump.

Yes.

[fabrizio123]

If this is wave 3 it will be crazy

[Phillis]

i'm loving this volatility.

[BayAreaCoins]

This fucking 20x margin shit is fuckin cray to the cray.

[LFC_Bitcoin]

Buy people buy.

Get all the coins you can before it's too expensive.

[BayAreaCoins]

Buy people buy.

Get all the coins you can before it's too expensive.

20x margin on ya forehead! jk

[Wekkel]

If this is wave 3 it will be crazy

Too soon.

[LFC_Bitcoin]

On one hand I want us to stay sub 400 USD for the next 12-18 months so I can make my stash a monstrosity.
On the other hand I want the price to fly up.
Hmmmmmm.