Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24782.

inca

legendary

Activity: 1176

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Quote from: ShroomsKit on November 01, 2014, 05:17:32 AM

Quote from: inca on November 01, 2014, 05:11:04 AM

Quote from: ShroomsKit on November 01, 2014, 05:09:37 AM

How do you know we will go up? Because we did so in the past and Bitcoin will forever just magically go up?

Why would it magically just go down forever? It has never done that before.

This is probably the dumbest thing i'm gonna read all day.

For someone who spams this thread daily with bile and negative commentary, you actually know surprisingly little about market dynamics. That probably explains your bad attitude.

ShroomsKit

hero member

Activity: 672

Merit: 500

Quote from: inca on November 01, 2014, 05:11:04 AM

Quote from: ShroomsKit on November 01, 2014, 05:09:37 AM

How do you know we will go up? Because we did so in the past and Bitcoin will forever just magically go up?

Why would it magically just go down forever? It has never done that before.

This is probably the dumbest thing i'm gonna read all day.

Malin Keshar

hero member

Activity: 616

Merit: 500

Quote from: Tzupy on November 01, 2014, 05:03:35 AM

24.5k BTC may be auctioned in the near future by the Aussies:
http://www.coindesk.com/australian-government-soon-hold-9-million-bitcoin-auction/

anyone remembers what happened during the silk road auction?

I wanna make some money from it

inca

legendary

Activity: 1176

Merit: 1000

Quote from: ShroomsKit on November 01, 2014, 05:09:37 AM

How do you know we will go up? Because we did so in the past and Bitcoin will forever just magically go up?

Why would it magically just go down forever? It has never done that before.

When the short sellers cannot dump the price lower because demand keeps the price from falling lower then they will stop. It stopped at 275 and rebounded higher on heavy volume. If it bounces on decent volume above that then the floor is confirmed technically and we can rally higher. I am disappointed the price has drifted back down but that is life.

ShroomsKit

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Activity: 672

Merit: 500

Quote from: Mickeyb on November 01, 2014, 04:57:42 AM

Quote from: inca on November 01, 2014, 04:56:04 AM

Zero volume then the large dumps simply means the price is being guided lower to paint the chart, nothing organic about it. I suppose a retest of the low could be on the cards.

Market has to confirm an absolute bottom first. I doubt we go lower than 300 (simply because that is where my buy order is).

I don't know why you get so excited about traders shroomskit. They are a zero sum game, flies chasing the whales, adding depth to the orderbook for real buyers and sellers to use.

Weekends are dumping days like somebody said above. We will retest 300s but after that we are going up.

How do you know we will go up? Because we did so in the past and Bitcoin will forever just magically go up?

barbs

hero member

Activity: 854

Merit: 1000

Quote from: Mickeyb on November 01, 2014, 04:57:42 AM

Quote from: inca on November 01, 2014, 04:56:04 AM

Zero volume then the large dumps simply means the price is being guided lower to paint the chart, nothing organic about it. I suppose a retest of the low could be on the cards.

Market has to confirm an absolute bottom first. I doubt we go lower than 300 (simply because that is where my buy order is).

I don't know why you get so excited about traders shroomskit. They are a zero sum game, flies chasing the whales, adding depth to the orderbook for real buyers and sellers to use.

Weekends are dumping days like somebody said above. We will retest 300s but after that we are going up.

After that we are going up (TM)

Tzupy

legendary

Activity: 2170

Merit: 1094

24.5k BTC may be auctioned in the near future by the Aussies:
http://www.coindesk.com/australian-government-soon-hold-9-million-bitcoin-auction/

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

Mickeyb

hero member

Activity: 798

Merit: 1000

Move On !!!!!!

Quote from: inca on November 01, 2014, 04:56:04 AM

Zero volume then the large dumps simply means the price is being guided lower to paint the chart, nothing organic about it. I suppose a retest of the low could be on the cards.

Market has to confirm an absolute bottom first. I doubt we go lower than 300 (simply because that is where my buy order is).

I don't know why you get so excited about traders shroomskit. They are a zero sum game, flies chasing the whales, adding depth to the orderbook for real buyers and sellers to use.

Weekends are dumping days like somebody said above. We will retest 300s but after that we are going up.

inca

legendary

Activity: 1176

Merit: 1000

Zero volume then the large dumps simply means the price is being guided lower to paint the chart, nothing organic about it. I suppose a retest of the low could be on the cards.

Market has to confirm an absolute bottom first. I doubt we go lower than 300 (simply because that is where my buy order is).

I don't know why you get so excited about traders shroomskit. They are a zero sum game, flies chasing the whales, adding depth to the orderbook for real buyers and sellers to use.

Malin Keshar

hero member

Activity: 616

Merit: 500

Weekends are dump times.

Only need to worry if no recover in the mid week

SkyValeey

hero member

Activity: 560

Merit: 500

Quote from: gizmoh on November 01, 2014, 03:19:04 AM

Quote from: BlindMayorBitcorn on November 01, 2014, 03:05:09 AM

Quote from: gizmoh on November 01, 2014, 03:03:32 AM

Sorry guys, i'm cutting my loose
keeping some ammo for $2xx ish, more and more probable now. Embarrassed

Another early adopter has found his exit. The feedback loop begins?

Nope, am a 'late' adopter bought between $160 to $240 in April 2013. But i trade actively Cheesy

But you are right, early adopters are going to cut some loose with a less than abysmal profit. There are handful 10k btc guys out there, feeling the heat of an evaporating fortune, and if we breach $266, blood is going to pour on the streets by end of year.
Industrial mining is milking USD out of the market, miners deserve some pain too Undecided

If someone is early adopter or mid-early adopter and hold for long and didn't sell at 1000$+ and hold till now, this one is very stupid early adopter imo.

barbs

hero member

Activity: 854

Merit: 1000

Well, this is ugly.

BlindMayorBitcorn

legendary

Activity: 1260

Merit: 1116

Quote from: ChartBuddy on November 01, 2014, 04:00:32 AM

Explanation

Told you

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

Searing

copper member

Activity: 2898

Merit: 1465

Clueless!

Quote from: cbeast on November 01, 2014, 03:06:31 AM

I'm guessing KNC will soon start selling miners again. lol

If they do it will be over priced 20K plus machines...I doubt they will ever want to sell to home miners again

just my guess..and even if above is true..will be minimal effort on above imho

BlindMayorBitcorn

legendary

Activity: 1260

Merit: 1116

Quote from: gizmoh on November 01, 2014, 03:19:04 AM

Quote from: BlindMayorBitcorn on November 01, 2014, 03:05:09 AM

Quote from: gizmoh on November 01, 2014, 03:03:32 AM

Sorry guys, i'm cutting my loose
keeping some ammo for $2xx ish, more and more probable now. Embarrassed

Another early adopter has found his exit. The feedback loop begins?

Nope, am a 'late' adopter bought between $160 to $240 in April 2013. But i trade actively Cheesy

But you are right, early adopters are going to cut some loose with a less than abysmal profit. There are handful 10k btc guys out there, feeling the heat of an evaporating fortune, and if we breach $266, blood is going to pour on the streets by end of year.
Industrial mining is milking USD out of the market, miners deserve some pain too Undecided

Wow. Very scary Halloween

gizmoh

legendary

Activity: 1428

Merit: 1000

Quote from: BlindMayorBitcorn on November 01, 2014, 03:05:09 AM

Quote from: gizmoh on November 01, 2014, 03:03:32 AM

Sorry guys, i'm cutting my loose
keeping some ammo for $2xx ish, more and more probable now. Embarrassed

Another early adopter has found his exit. The feedback loop begins?

Nope, am a 'late' adopter bought between $160 to $240 in April 2013. But i trade actively Cheesy

But you are right, early adopters are going to cut some loose with a less than abysmal profit. There are handful 10k btc guys out there, feeling the heat of an evaporating fortune, and if we breach $266, blood is going to pour on the streets by end of year.
Industrial mining is milking USD out of the market, miners deserve some pain too Undecided

BlindMayorBitcorn

legendary

Activity: 1260

Merit: 1116

Quote from: cbeast on November 01, 2014, 03:09:25 AM

Quote from: BlindMayorBitcorn on November 01, 2014, 03:05:09 AM

Quote from: gizmoh on November 01, 2014, 03:03:32 AM

Sorry guys, i'm cutting my loose
keeping some ammo for $2xx ish, more and more probable now. Embarrassed

Another early adopter has found his exit. The feedback loop begins?

Nope because when it takes off, the boat won't wait for orders. Deals are already made to cut civilians out of the bitcoin buyer's club.

There is a pretty hefty premium to join

cbeast

donator

Activity: 1736

Merit: 1014

Let's talk governance, lipstick, and pigs.

Quote from: BlindMayorBitcorn on November 01, 2014, 03:05:09 AM

Quote from: gizmoh on November 01, 2014, 03:03:32 AM

Sorry guys, i'm cutting my loose
keeping some ammo for $2xx ish, more and more probable now. Embarrassed

Another early adopter has found his exit. The feedback loop begins?

Nope because when it takes off, the boat won't wait for orders. Deals are already made to cut civilians out of the bitcoin buyer's club.

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