Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25374. (Read 26610941 times)
October 04, 2014, 11:52:19 AM
October 04, 2014, 11:51:48 AM
Bitstamp is crazy right now - jumping between 340 - 350
October 04, 2014, 11:51:45 AM
Panic buy on stamp 
October 04, 2014, 11:51:32 AM
everything is going to be fine
we'll have cheap coins for years to come after all this.
we'll have cheap coins for years to come after all this.
I reckon that's the idea. Manipulators trying for a longer period of 'stability' by doing this?
October 04, 2014, 11:51:10 AM
wow new bottom...good morning.
October 04, 2014, 11:51:06 AM
Nice
October 04, 2014, 11:50:53 AM
October 04, 2014, 11:50:03 AM
well its just broken its previous low of 339 this year... hit as low as 324 .... it's not looking good this winter. It might go below 250 and stabilize around 100-200. I've be reiterating the fact that the previous bubbles all included MTGOX. There was obviously market manipulation going on, BIG TIME. They were the biggest exchange. Also China was around. Do you know how easy it is for china to mess with this market?
with the scumbags gone, this thing is just going to settle like mud in a pond.
with the scumbags gone, this thing is just going to settle like mud in a pond.
October 04, 2014, 11:49:56 AM
October 04, 2014, 11:49:39 AM
If anyone wants, head on over to trading view for bitstamp and look at the monthly chart.
Just turn on the volume indicator.
The next level supported by volume and closing price is ~200. Also in that monthly view, you can see that Sept. closing below 450 support on increasing selling volume from August is a major trend confirmation for the dead cat bounce off the ATH.
I would not be shocked to see the price break major support at 200 and test the coming out party (april 2013) closing highs in the 140ish range.
140-200 is when I would expect to get back to massive consumer adoption. Hopefully the price will stabilize at one of these levels and become extremely boring so that all the infrastructure investment can be put to good use.
Just turn on the volume indicator.
The next level supported by volume and closing price is ~200. Also in that monthly view, you can see that Sept. closing below 450 support on increasing selling volume from August is a major trend confirmation for the dead cat bounce off the ATH.
I would not be shocked to see the price break major support at 200 and test the coming out party (april 2013) closing highs in the 140ish range.
140-200 is when I would expect to get back to massive consumer adoption. Hopefully the price will stabilize at one of these levels and become extremely boring so that all the infrastructure investment can be put to good use.
October 04, 2014, 11:49:33 AM
Bounce baby bounce
October 04, 2014, 11:49:10 AM
Nice green voluminous candle@Huobi!
agree... the bull are fighting and eating all sell wall... awesome, get some popcorn and watch
October 04, 2014, 11:48:36 AM
October 04, 2014, 11:48:04 AM
10000 pages on this thread by Monday... 
October 04, 2014, 11:47:37 AM
I don't give a fuck, I'm buying all the way to a dollar.
October 04, 2014, 11:47:26 AM
AFAIK, it is not correct to say that "merchants immediately convert BTC to dollars". They generally get dollars through bank transfer. It is the payment processor (BitPay, CoinBase, ...) that sells the coins.
Merchants may have the option to receive the bitcoins; but, given the price decline, I doubt that any use that option.
Merchants may have the option to receive the bitcoins; but, given the price decline, I doubt that any use that option.
October 04, 2014, 11:47:25 AM
You'll be fine, hodlers
Omg hilarious. But yes we will be just fine.
October 04, 2014, 11:47:04 AM
everything is going to be fine
we'll have cheap coins for years to come after all this.
we'll have cheap coins for years to come after all this.
Nah, just some 6 - 9 months. Of course, if BTC isn't banned in the meantime...
October 04, 2014, 11:46:46 AM
On the other side of things.. Why would whales (traders) leave BTC market? There is a huge amount of money to be made in BTC so why leave.
They aren't leaving, just selling now to buy more later. Source? Other than your hopes, delusions and fantasies?
If you are posting facts than i like to see a source. Maybe stop acting like this are facts?
Just like someone said before, start quoting sources yourself before asking others to do it
October 04, 2014, 11:46:28 AM
Nice green voluminous candle@Huobi!
Jump to: