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

[dakota neat]

Donate a little and remember what BTC can do. Also helps to absorb some poison from this forum.
http://www.amani-kinderdorf.de/index.php?id=213&L=1

[Totscha]

Am I sensing despair?

Of course, people are losing money.

Of course they're losing money if they buy high and sell low.

[Wandererfromthenorth]

wandererfromthenorth had to go on ignore. If he is not a troll then he is an *****, so I think I can manage without him.

Woah  

Do you mean the "RIP" joke?
It's a joke dude, have a laugh    

[jonoiv]

Time Inc.  accepting bitcoin payments; story just published.
http://news.yahoo.com/time-inc-accepting-bitcoin-subscription-014201027.html

Edit: apparently it was yesterday. 

[tarmi]

Time Inc.  accepting bitcoin payments; story just published.
http://news.yahoo.com/time-inc-accepting-bitcoin-subscription-014201027.html

Edit: apparently it was yesterday. 

time to dump.

[jonoiv]

Time Inc.  accepting bitcoin payments; story just published.
http://news.yahoo.com/time-inc-accepting-bitcoin-subscription-014201027.html

Edit: apparently it was yesterday. 

time to dump.

Quite the hero member.  A true stalwart of bitcoin.  I'm guessing if you wanted to dump you would have already, or maybe you're waiting for it to go lower before dumping ?

[S3052]

it might not be popular, but what happens is that bitcoin prices only move based on technical factors. Fundamentals are lagging.
This is why it is best to make forecasts based on technical chart analysis and not fundamentals.
Just look how foolish Tim Draper's bitcoin purchases are. He reads in mainstream media that bitcoin is the next big thing and he buys bitcoins first at around 600-700$ , losing half in value.
He has been at least 1.5 years too late...

[macsga]

it might not be popular, but what happens is that bitcoin prices only move based on technical factors. Fundamentals are lagging.
This is why it is best to make forecasts based on technical chart analysis and not fundamentals.
Just look how foolish Tim Draper's bitcoin purchases are. He reads in mainstream media that bitcoin is the next big thing and he buys bitcoins first at around 600-700$ , losing half in value.
He has been at least 1.5 years too late...

I tend to disagree. Do you *REALLY* think guys like him are losing money? 

[podyx]

I guess them boys who buy on sentiment is soon running out of fiat.

It'll be interesting to see how they do.

[aztecminer]

Is there any obvious reason as to why BTC are crashing atm?

Guys need to buy jewelry to keep wives. Bitcoins gots to go.

fuk that. buy some britney spears perfume and your good for another year. girls love that stuff!

[dakota neat]

it might not be popular, but what happens is that bitcoin prices only move based on technical factors. Fundamentals are lagging.
This is why it is best to make forecasts based on technical chart analysis and not fundamentals.
Just look how foolish Tim Draper's bitcoin purchases are. He reads in mainstream media that bitcoin is the next big thing and he buys bitcoins first at around 600-700$ , losing half in value.
He has been at least 1.5 years too late...

LOL, why you're giving advice for free? Shouldn't i buy your stupid magazine for $19.95?

[macsga]

I guess them boys who buy on sentiment is soon running out of fiat.

It'll be interesting to see how they do.

When the BTCs are in the right hands, those who drive the price now down to Earth, they will drive it back to the moon. Simple as that.

[samson]

Plus next paycheck I will start getting paid in 100% bitcoins.

RIP

lol

[aztecminer]

Can you not see.

Well done Ripple pump squad lol

The same people shorting and drumping Bitcoin are pumping Ripple.

They have decided to do after several months of a Bitcoin bear market when they know noobs will be squirming and will probably dump Bitcoin and put into Ripple just as they are exiting with huge profits.

Do not worry it will not last forever. Check previous peaks and troughs. Market cycles. Low liquidity. Pump and dump groups. Nothing new to see here.

Hodl.

You are right perfectly executed by the ripple squad.

wierd thing about ripple is they don't want your fiat, they want your bitcoins.

[JorgeStolfi]

oh dear... i never thought that we enter bear season so soon... im hoping for another bull market with all these news.

http://www.cnbc.com/id/102275772

Russians move into bitcoin as ruble tanks
Matt Clinch    | @mattclinch81
1 Hour Ago

404 - Significant increase in volume not found...

And, even if it did, volume often increases when the price starts moving, up or down.

And, besides, increased volume means more BTC being bought and the same number of BTC being sold.  Given that, and the existence of effective arbitrage, one must look closely at the order books and trades to tell whether the clients of a particular exchange are bullish or bearish compared to the other exchanges.

[ChartBuddy]

Explanation

[8up]

Weird thing about ripple is. It's to volatile to work as a currency.  

[samson]

Am I sensing despair?

Despair is a long way off yet.

[Newbie1022]

I had to cash out a significant part of my short to cover Christmas shopping and business start-up expenses. Seriously depressed, now. Money still on the table... and then the inevitable bounce up. It's always the worst when you have to do real people things with money right when the market seems so predictable.

[Cassius]

Am I sensing despair?

Of course, people are losing money.

You miss the point. Despair -> capitulation