Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17884.

pinger

legendary

Activity: 1512

Merit: 1001

Bitcoin - Resistance is futile

Quote from: becoin on January 12, 2017, 08:52:44 AM

Quote from: mainpmf on January 12, 2017, 08:32:35 AM

The really good news is when nearly no one talk avout price. Then it means it's stable for a long time. It means that you know exactly what your coins are worth and that's true for a long time.

Bitcoin price can't be stable if measured against unstable unit of account like dollar, euro, yen, pound etc. Fiat currencies are unstable because printing press is working round the clock.

http://www.xe.com/currencycharts/?from=XBT&to=XAU

becoin

legendary

Activity: 3431

Merit: 1233

Quote from: mainpmf on January 12, 2017, 08:32:35 AM

The really good news is when nearly no one talk avout price. Then it means it's stable for a long time. It means that you know exactly what your coins are worth and that's true for a long time.

Bitcoin price can't be stable if measured against unstable unit of account like dollar, euro, yen, pound etc. Fiat currencies are unstable because printing press is working round the clock.

vgo

legendary

Activity: 2072

Merit: 1019

LOL Moment of the year, and the winner is...

Star Xu: "We observe huge volume of high-freq trade by users, often attributed to "faked by exchange""

https://twitter.com/cnLedger/status/819533696868884481

mainpmf

sr. member

Activity: 448

Merit: 250

Quote from: Torque on January 12, 2017, 08:24:33 AM

For long term investors, the spike above $1000 wasn't earned properly.

You shouldn't get too excited about a short term spike, because it'll never hold. Get excited when we drift over $1000 and it becomes the new firm support. May take most of the year to get there, but we'll get there.

Agreed, most people seemed really too excited...
I'm never happy when people are all crazying yelling how btc is going to the moon...
The really good news is when nearly no one talk avout price. Then it means it's stable for a long time. It means that you know exactly what your coins are worth and that's true for a long time.
Number of threads on price is a bit lower now, if price doesn't change for a few days it will stop and price will be stable.

Torque

legendary

Activity: 3780

Merit: 5429

For long term investors, the spike above $1000 wasn't earned properly.

You shouldn't get too excited about a short term spike, because it'll never hold. Get excited when we drift over $1000 and it becomes the new firm support. May take most of the year to get there, but we'll get there.

toknormal

legendary

Activity: 3066

Merit: 1188

Greg Manarrino seems to be endorsing the view I outlined in my post of last night. Tells people to relax and hold (although this looks like being recorded before the really big dip. Doesn't matter - the principle still holds).

osmotic

newbie

Activity: 39

Merit: 0

Quote from: buwaytress on January 12, 2017, 07:38:08 AM

Personally, I was always expecting a correction of price not just for btc but for usd. Did not expect the bottom to dall out so quickly while the dollar has managed to maintain its strength.

Shame that the correction in opposite direction didn't happen for Eth or doge haha.

The whales took advantage of the news and convinced people to panic sell by starting the dump as soon as they heard the news. It's funny how the whales manipulated the market using the news that the PBOC was preparing to prevent any chance of the exchanges manipulating the market.

Karartma1

legendary

Activity: 2310

Merit: 1422

so many rebuy opportunities missed. why do bank wires take so long? and then they ask me why do I prefer btc over fiat.
Ok, buying mode on: let's accumulate more Wink

buwaytress

legendary

Activity: 3010

Merit: 3724

Join the world-leading crypto sportsbook NOW!

Personally, I was always expecting a correction of price not just for btc but for usd. Did not expect the bottom to dall out so quickly while the dollar has managed to maintain its strength.

Shame that the correction in opposite direction didn't happen for Eth or doge haha.

savetherainforest

hero member

Activity: 1876

Merit: 612

Plant 1xTree for each Satoshi earned!

Quote from: RAJSALLIN on January 12, 2017, 06:41:33 AM

Quote from: Dammitt on January 12, 2017, 06:32:27 AM

With the new law in it, it seems that a complete decline has begun to emerge, and this decline will not be a rise anymore. Now we have to wait for a time like June or July. Then the bitcoin can rise up again. Now it's just time to get some more bitcoins.

This is contradictory. If you believe in further decline then now is NOT the time to get more bitcoins

He is just delusional...

... we where supposed to have a "wave" like shape for the period of 1-2 weeks. But the chinese went full retarded and it went straight to the bottom, skipping multiple steps. Wink

becoin

legendary

Activity: 3431

Merit: 1233

Levered long increased. Average price is improved to 758 euro.

yugo23

sr. member

Activity: 476

Merit: 252

Quote from: Tzupy on January 12, 2017, 06:43:05 AM

Quote from: Tzupy on January 12, 2017, 06:00:16 AM

OKCoin is the most bullish on this pump, so I'll watch them.

Pump failed... Hmm, will this lead to another leg down? Or at least test support?

I'd say neither.
Might be wrong but I guess it's stabilization.
Price can't keep going up and down, up and down, up and down.
It gonna stay a bit stable at least for some times! And it might be 750$ stable now.

Tzupy

legendary

Activity: 2170

Merit: 1094

Quote from: Tzupy on January 12, 2017, 06:00:16 AM

OKCoin is the most bullish on this pump, so I'll watch them.

Pump failed... Hmm, will this lead to another leg down? Or at least test support?

RAJSALLIN

hero member

Activity: 665

Merit: 500

Quote from: Dammitt on January 12, 2017, 06:32:27 AM

With the new law in it, it seems that a complete decline has begun to emerge, and this decline will not be a rise anymore. Now we have to wait for a time like June or July. Then the bitcoin can rise up again. Now it's just time to get some more bitcoins.

This is contradictory. If you believe in further decline then now is NOT the time to get more bitcoins

bitcoinminer42

legendary

Activity: 1904

Merit: 1185

notorious shrimp!

xrp/btc swing trading.... loving it

Dammitt

hero member

Activity: 882

Merit: 507

With the new law in it, it seems that a complete decline has begun to emerge, and this decline will not be a rise anymore. Now we have to wait for a time like June or July. Then the bitcoin can rise up again. Now it's just time to get some more bitcoins.

Ibian

legendary

Activity: 2268

Merit: 1278

Know what's better than making money trading? Making money trading with no risk. Just got a call from a guy who's offering to pay my rent this month Grin

savetherainforest

hero member

Activity: 1876

Merit: 612

Plant 1xTree for each Satoshi earned!

Quote from: Tzupy on January 12, 2017, 04:07:48 AM

Quote from: Ted E. Bare on January 12, 2017, 04:04:47 AM

Tzupy was right. I couldn't imagine this low. So bottom reached or more down?

Can't be sure. But even if this was the bottom, for about a week we could go sideways, building a triangle that would break, probably up, so no need to rush buying.

It was a good run! Wasn't it??

Those suck whale traders that kept buying... ... Increased my BTCiTcoins by 30% Trololol.. ... "hai multzani!"

But I'm just gonna hold from now on... no matter what happens. Draw u'r stuff from exchanges and we will see each other again in June - July on the next rally! Cheesy

toknormal

legendary

Activity: 3066

Merit: 1188

Chutes deployed ?

Tzupy

legendary

Activity: 2170

Merit: 1094

OKCoin is the most bullish on this pump, so I'll watch them.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17884. (Read 26611273 times)