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

[hdbuck]

Yes but the thing is last time tim draper got badly burnt with his strategy of buying above market - and additionally the 50k coins currently up for auction arent even the entire stash. theres even more to come... If I were a bidder I would lowball the first auction and see if there was a demand before bothering to pay above market -

How did he get burnt?

He was able to buy 50k bitcoins at a lower price than he could have paid on the exchange.

This.
Some users here simply can't or don't want to think.

It was 30k that Draper bought earlier in the year. However, to some HNW individuals these are worth more than "normal" market-sourced bitcoins, because the US Marshal's coins have been laundered by the government.

laundering coins with laundered fiat. so good to be gov officials.

[Tzupy]

I'm going to sleep, I hope I won't miss the fun. Tomorrow the market should decide, up or down.

Tomorrow has come and it's down. If this continues for a couple of days, the bullish scenario gets flushed down the toilet.

[janos666]

Everybody needs to relax.

People have some serious issues if they are worrying about a 20 dollar drop in price.

They are not worried about $20 drop, they are worried because after 1 year price went down $900 from top...

Well, let's say you bought at ~1000$ (just like everybody else did, right...? ). You lost ~650$ already. Does it really matter if you loose another 100 (350->250) even 200 (350->150) per coin? You can not possibly loose more than what you already did, so you are technically "in the green" no matter what. Right? (I don't really think so, but some might argue so...)

[hdbuck]

Everybody needs to relax.

People have some serious issues if they are worrying about a 20 dollar drop in price.

They are not worried about $20 drop, they are worried because after 1 year price went down $900 from top...

Well, let's say you bought at ~1000$ (just like everybody else did, right...? ). You lost ~650$ already. Does it really matter if you loose another 100 (350->250) even 200 (350->150) per coin? You can not possibly loose more than what you already did, so you are technically "in the green" no matter what. Right? (I don't really think so, but some might argue so...)

who teh f#ck bought at 1k? seriously?!!!

[madmat]

Everybody needs to relax.

People have some serious issues if they are worrying about a 20 dollar drop in price.

They are not worried about $20 drop, they are worried because after 1 year price went down $900 from top...

Well, let's say you bought at ~1000$ (just like everybody else did, right...? ). You lost ~650$ already. Does it really matter if you loose another 100 (350->250) even 200 (350->150) per coin? You can not possibly loose more than what you already did, so you are technically "in the green" no matter what. Right? (I don't really think so, but some might argue so...)

who teh f#ck bought at 1k? seriously?!!!

And didn't buy some more at lower price !!!

[LFC_Bitcoin]

Everybody needs to relax.

People have some serious issues if they are worrying about a 20 dollar drop in price.

They are not worried about $20 drop, they are worried because after 1 year price went down $900 from top...

Well, let's say you bought at ~1000$ (just like everybody else did, right...? ). You lost ~650$ already. Does it really matter if you loose another 100 (350->250) even 200 (350->150) per coin? You can not possibly loose more than what you already did, so you are technically "in the green" no matter what. Right? (I don't really think so, but some might argue so...)

I've invested close to 8,000 GBP.
I'm down about 2,000 GBP based on todays price.

I'm HODLING, all in cold storage.

[ChartBuddy]

Explanation

[samsonn25]

You could buy more now at 350 and cost average down

[samsonn25]

Everybody needs to relax.

People have some serious issues if they are worrying about a 20 dollar drop in price.

They are not worried about $20 drop, they are worried because after 1 year price went down $900 from top...

Well, let's say you bought at ~1000$ (just like everybody else did, right...? ). You lost ~650$ already. Does it really matter if you loose another 100 (350->250) even 200 (350->150) per coin? You can not possibly loose more than what you already did, so you are technically "in the green" no matter what. Right? (I don't really think so, but some might argue so...)

who teh f#ck bought at 1k? seriously?!!!

alot of people   lol

[noobtrader]

bitcorn back to fair price of 350

[billyjoeallen]

we could end this dumping in a week if we all just sell now, buy back @$300 for a successful retest of support. You would increase your coin stash and the great bull market of 2015 could start early. If we let the price grind down, we'll all be too broke for a successful double bottom and support won't hold. This has happened so many times. When will we figure it out?

You think there's no trend reversal to uptrend until we double bottom @$300? Must another whale sacrifice his fortune for the general good?

In my opinion, there was a double bottom already in terms of moving averages + we had a little over-exaggerated dip on top of the first bottom thanks to the ManBearWall anomaly. But the market didn't seem to care about that, so I was sitting here, waiting to panic-sell... And now I am waiting to panic-buy with some profit.

yeah, good luck with that.

[spooderman]

buying time

[jonoiv]

buying time

+1  Rally incoming

Edit:  BTC-e above finex is always a sign

[600watt]

this is ladies

[Tzupy]

this is ladies

This is the new bitcoin slang for going down?

[cbeast]

WOW, I guess we're going down then...

Just doesn't make a lot of sense to me

FWIW, probably just a retest of $350, before up up up

Probably not. Ripple is reaching a huge momentum. Enter now before it doubles over night. +40% this week and this is only the beginning.

Fuck off with your Ripple.
Take it to a ripple forum which probably has about 8 posters.

Just like bitcoin at the beginning I like your open minded approach

Even Ripple Labs doesn't say stuff like that. Even if this is a speculation ploy, it's unworthy of a bitcointalk.org Donator.

[noobtrader]

buying time

+1  Rally incoming

Edit:  BTC-e above finex is always a sign

testing resistance

[podyx]

Anybody else is worried about declining 3d MACD?

[spooderman]

This is Germany.

[jonoiv]

buying time

+1  Rally incoming

Edit:  BTC-e above finex is always a sign

testing resistance

dragonfly doji

It's going up..  and it won't be a creep