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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26384579 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.)
NotLambchop
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November 17, 2014, 06:07:49 PM

It seems the order is finally being restored.
Though all four of pig's trotters may occasionally leave the ground, this is not to be mistaken for flight.
Gentlemen.
Heh, will quote you in a few days  Smiley

Why wait?
barbs
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November 17, 2014, 06:09:58 PM

Good lord this is absolutely brutal

Why would anyone buy a bitcoin now except me
Eastbay
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November 17, 2014, 06:10:57 PM

fake out or real thing? this could start a drop, hmmm

Well, the constantly microscopic volume is always a concern for BTC bulls I guess.

Quote
i wouldnt consider myself a btc bull, im a btc trader and i care about trends and price, your right though, no crazy volume yet... just wondering if its time to close that long and go the other way... hmm



Those times where you should have listened to yourself.... ugh...
galdur
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November 17, 2014, 06:12:27 PM

No volume as before.

wmr42393
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November 17, 2014, 06:13:39 PM

Quick Question?

How can they claim to sell assets when the trial has not even started ?
dropt
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November 17, 2014, 06:15:18 PM

Quick Question?

How can they claim to sell assets when the trial has not even started ?
Civil Forfeiture is my understanding.

It's not like this is any surprise.
akujin
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November 17, 2014, 06:16:05 PM

chinese going sub 2300's  Grin Grin
Tzupy
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November 17, 2014, 06:16:17 PM

Quick Question?
How can they claim to sell assets when the trial has not even started ?

In principle they can't, but maybe DPR made a deal that included forfeiture of the coins.
Edit: dropt beat me to it.
samsonn25
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November 17, 2014, 06:16:42 PM

Trials are for guilt of crime, not assets seized and forfeited, which he did not contest.
Eastbay
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November 17, 2014, 06:16:56 PM

No volume as before.



so what exactly does that mean? that it can easily go back up? i dont get the "there's no real volume" argument


hopefully itll rebound quickly, i lost a good $1500 profit on a long, anymore and ill be in negative territory...
JorgeStolfi
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November 17, 2014, 06:17:49 PM

How can they claim to sell assets when the trial has not even started ?

Read the announcement: Ross agreed to the sale.
samsonn25
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November 17, 2014, 06:18:31 PM

No volume as before.



so what exactly does that mean? that it can easily go back up? i dont get the "there's no real volume" argument

Exactly.  It could as well be volume to the downside  :p
barbs
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November 17, 2014, 06:19:13 PM

The ask side has 10k to 450.

Everyone except for the whales and bullbears have been getting burned trying to get excited about bitcoin again.

I am going on a limb here and saying our run up to 450 was just like the run up to 1000 and we now have to deflate again. Yay
JimboToronto
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November 17, 2014, 06:20:07 PM

Good lord this is absolutely brutal



Why would anyone buy a bitcoin now except me

Spend? Hold? Wait for inevitable correction after panic sell?

Lots of reasons.
NotLambchop
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November 17, 2014, 06:20:32 PM

Trials are for guilt of crime, not assets seized and forfeited, which he did not contest.

Not a good time to be a Bitcoiner...

samsonn25
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November 17, 2014, 06:20:38 PM

The ask side has 10k to 450.

Everyone except for the whales and bullbears have been getting burned trying to get excited about bitcoin again.

I am going on a limb here and saying our run up to 450 was just like the run up to 1000 and we now have to deflate again. Yay

Those who sold above 420 are smart.

Will come back to 350's
Tzupy
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November 17, 2014, 06:22:00 PM

How can they claim to sell assets when the trial has not even started ?

Read the announcement: Ross agreed to the sale.

Yes, I should have read it, DPR agreed to the sale, quoting:

WHEREAS, the Government and Ulbricht agree that, due to the volatile market for bitcoins, the Computer Hardware
Bitcoins risk losing value during the pendency of the forfeiture proceedings;
WHEREAS, the Government and Ulbricht agree that the Computer Hardware Bitcoins are to be liquidated or sold by the
Government before the conclusion of the forfeiture proceedings, with the net proceeds of the sale to be held as
substitute res pending further order of this Court;
ShroomsKit
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November 17, 2014, 06:26:58 PM

Shake the weaklings out.

For 11 months now and still there are the same amount of weaklings left.
Could it be that "shaking out the weak hands" simply is nonsense?
zoinky
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November 17, 2014, 06:28:21 PM

Shake the weaklings out.

For 11 months now and still there are the same amount of weaklings left.
Could it be that "shaking out the weak hands" simply is nonsense?

The idea that we run out weak hands is nonsense!
chromosoma
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November 17, 2014, 06:28:31 PM

How can they claim to sell assets when the trial has not even started ?

Read the announcement: Ross agreed to the sale.

Yes, I should have read it, DPR agreed to the sale, quoting:

WHEREAS, the Government and Ulbricht agree that, due to the volatile market for bitcoins, the Computer Hardware
Bitcoins risk losing value during the pendency of the forfeiture proceedings;
WHEREAS, the Government and Ulbricht agree that the Computer Hardware Bitcoins are to be liquidated or sold by the
Government before the conclusion of the forfeiture proceedings, with the net proceeds of the sale to be held as
substitute res pending further order of this Court;
Who is Ross?
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