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

[Phillis]

meh boring day for trading.

[noobtrader]

everyone is waiting... 

even the whales 

[NotLambchop]

meh boring day for trading.

Continue trading, comrade!  These doldrums are but a devious ploy, orchestrated by shadowy Central Bank oppressors.



Remember why we fight--for a brighter tomorrow!!

[Fatman3001]

Is this the quiet before or after the bloodbath?

That's the question.............

Lemme help some of you new guys out.  Whenever you see things like market price setting at a fake number like $399.99 379.99, and it sits there for more than 12-24 hours without going up, you can bet that a dump is incoming.

You're welcome.

I'm just gonna leave this little reminder in bold here again, for the third time...

Would still love to know what a "fake number" is.

It's an artificial market exchange rate pegged by a few (or one) whales, that does not reflect actual real world market demand from the Joe Public majority.

However, it is not lost on me that the bitcoin market exchange rate has never reflected actual buying demand from Joe Public.  Nor will it likely ever.

So yeah, whatevs.  

Indeed, neither Joe or Torque can drive the price up or down, only Willy can. Why? Because he's a whale!

I'm sorry to break it to you but the Orca/Killer Whale is actually a dolphin. Does that mean we go down?

[ChartBuddy]

Explanation

[LFC_Bitcoin]

I don't think we'll have a big rise but I reckon we'll go upto around 400 USD just before or after the auction.

[lay785]

what if tim draper feels that he needs to buy all the coins at the new auction to lower his average buy in for bitcoins and also to potentially make the rest of his bitcoins worth more by allowing the market to rise after people are confident they wont be dumped on...

[NotLambchop]

what if tim draper feels that he needs to buy all the coins at the new auction to lower his average buy in for bitcoins and also to potentially make the rest of his bitcoins worth more by allowing the market to rise after people are confident they wont be dumped on...

ITT: Tim Draper learns to martingale, overheard saying "Awesomeness!  Everyone martingale, it's pure win!"

[ChartBuddy]

Explanation

[noobtrader]

the volume is so low 

[spooderman]

Explanation

wow sleepy time

[riiiiising]

I heard we were in the early adopter phase last year when price was $1,000/BTC, so does that mean we've regressed back to the super early, Steve Jobs and Steve Wozniak in mom and dad's garage phase?

[Fatman3001]

This is eerie. 380 feels so good, but they might slaughter us tonight with this volume.

[ImI]

I heard we were in the early adopter phase last year when price was $1,000/BTC, so does that mean we've regressed back to the super early, Steve Jobs and Steve Wozniak in mom and dad's garage phase?

its more like the mom and dad are having sex phase

[YogoH]

Bitcoin set to take over the world boys

http://www.cnbc.com/id/102227296

[LFC_Bitcoin]

This is eerie. 380 feels so good, but they might slaughter us tonight with this volume.

Realistically 380 isn't doing anybody any favours apart from very, very early adopters.

[ChartBuddy]

Explanation

[marvinrouge]

This is eerie. 380 feels so good, but they might slaughter us tonight with this volume.

Realistically 380 isn't doing anybody any favours apart from very, very early adopters.

very, very early adopter of 2013 ? Last year the price was under $100 most of the year 

[bitebits]

I heard we were in the early adopter phase last year when price was $1,000/BTC, so does that mean we've regressed back to the super early, Steve Jobs and Steve Wozniak in mom and dad's garage phase?

its more like the mom and dad are having sex phase

Steve Jobs got adopted.

[NotLambchop]

Bitcoin set to take over the world boys

http://www.cnbc.com/id/102227296

This guy is probably thinking what I was thinking the first time I parked in NYC:  "Just gave my car, my car keys, and money to a dude, and he gave me a slip of paper. "