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

[janos666]

As is custom, price started to decline after a roadblock (2400 CNY wall) got cleared out of the way. Panic-countdown: 10, 9 ...

[YogoH]

I think China is just waiting for stamp, they don't wanna float away like last time.

[Pierre11]

As is custom, price started to decline after a roadblock (2400 CNY wall) got cleared out of the way. Panic-countdown: 10, 9 ...

Where do people find these cny stats?

[coins101]

p. 1066 the battle of BTC vs. Guv paper

History about to be made

[Pierre11]

p. 1066 the battle of BTC vs. Guv paper

History about to be made

Please translate into English that can be understood by the average james

[Brewins]

I think China is just waiting for stamp, they don't wanna float away like last time.

They are waiting to wake up.

In 12 hours we are going to test 400 or above

[JayJuanGee]

Uhm. So, some people bought the whole 2400 CNY wall and minutes later the price is 2397 CNY. Hmm...
I thought price will shoot sharply either up or down after that wall disappears. But nothing happened yet. Strange.

Yup... somebody bought from themselves in an effort to trick the market. It happens from time to time. Points like that are particularly dangerous because people change directions a time or two on a trade. I, personally, need to learn to sit out at points like that. At least I'm starting to recognize what that pattern looks like. Progress!

Progress.. yeah right!!!   Who really knows what price is going to do when there are big whale manipulators that can change the direction of the price at any minute.

However, it does seem logical that BTC prices are NOT going to experience any major exponential growth until after the auction on December 4... however, even that big event is NOT any guarantee in how exactly it will affect BTC prices.

Surely, I do NOT claim to know anything about day trading.. but it does seem that we are soon going to be transitioning from a bear market to a bull market.

[Newbie1022]

Uhm. So, some people bought the whole 2400 CNY wall and minutes later the price is 2397 CNY. Hmm...
I thought price will shoot sharply either up or down after that wall disappears. But nothing happened yet. Strange.

Yup... somebody bought from themselves in an effort to trick the market. It happens from time to time. Points like that are particularly dangerous because people change directions a time or two on a trade. I, personally, need to learn to sit out at points like that. At least I'm starting to recognize what that pattern looks like. Progress!

Progress.. yeah right!!!   Who really knows what price is going to do when there are big whale manipulators that can change the direction of the price at any minute.

However, it does seem logical that BTC prices are NOT going to experience any major exponential growth until after the auction on December 4... however, even that big event is NOT any guarantee in how exactly it will affect BTC prices.

Surely, I do NOT claim to know anything about day trading.. but it does seem that we are soon going to be transitioning from a bear market to a bull market.

I never said anything to the contrary. In fact, I think I may actually be in full agreement with 100% of what you wrote except for the snark. Another part of progress -- setting narrow stop losses at pivot points... so that if I get the wrong direction at least it doesn't hurt much... if I get the right direction then I ride it.

[virtuexru]

Uhm. So, some people bought the whole 2400 CNY wall and minutes later the price is 2397 CNY. Hmm...
I thought price will shoot sharply either up or down after that wall disappears. But nothing happened yet. Strange.

Yup... somebody bought from themselves in an effort to trick the market. It happens from time to time. Points like that are particularly dangerous because people change directions a time or two on a trade. I, personally, need to learn to sit out at points like that. At least I'm starting to recognize what that pattern looks like. Progress!

Progress.. yeah right!!!   Who really knows what price is going to do when there are big whale manipulators that can change the direction of the price at any minute.

However, it does seem logical that BTC prices are NOT going to experience any major exponential growth until after the auction on December 4... however, even that big event is NOT any guarantee in how exactly it will affect BTC prices.

Surely, I do NOT claim to know anything about day trading.. but it does seem that we are soon going to be transitioning from a bear market to a bull market.

That sir, is a very contradictory sentence. Lol.

[NotLambchop]

This communist kindergarten is really turning into a handful.
Regardless, I'll be there for you when this is over.  With my [taken for granted] compassion, and clean hankies to dry your tears.

[virtuexru]

This communist kindergarten is really turning into a handful.
Regardless, I'll be there for you when this is over.  With my [taken for granted] compassion, and clean hankies to dry your tears.

Keep shorting bro, love to watch you squirm.

[janos666]

Meanwhile at Bitstamp HQ:



OKCoin walleater guy:

[NotLambchop]

@virtuexru: No serious money in play right now, just munchin' on popcorn.

http://cointelegraph.com/news/112961/coinbase-brings-bitcoin-to-mozilla-itunes-unveils-bitcoin-tipping-tool

[NotLambchop]

Lol, like a rock

[abercrombie]

China wakes up in a couple hours.  They gonna be like...  

[YogoH]

big bad bear is back

[podyx]

lol@sheeple on stamp

[macsga]

Down to $100. Sell all your bitcoins to Lambchop.

[YogoH]

I dont understand, why would he sell his coins like this? Market dump 1.2k then put up wall to keep it down? Doesn't make any sense

[hmmkay]

I dont understand, why would he sell his coins like this? Market dump 1.2k then put up wall to keep it down? Doesn't make any sense

Some people just want to see the world burn.