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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26299. (Read 26713007 times)

legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Theres more than a $20 premium on cavirtex.com (its lagging) happy arbing!

Bump currently a $50 arb... damn those canadians love them bitcoins.. not willing to sell!

nope.

i just bought some @ 501.99

thinking of buying myself a souvenir of my stay here in bitcoin world

its to bad it had to end this way...
legendary
Activity: 1512
Merit: 1000

Wow, what an interesting revelation you've stumbled across.  We've never seen that one before /sarcasm.

Another noob account for the "list". I'm truely on a roll today.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
We must hear some news soon, it's too strong selling without something behind it.

Btc-e is completely mental, 30$ below everyone.

0.01BTC says its goes something like "chain is banning bitcoin"
legendary
Activity: 2044
Merit: 1005
Theres more than a $20 premium on cavirtex.com (its lagging) happy arbing!

Bump currently a $50 arb... damn those canadians love them bitcoins.. not willing to sell!
legendary
Activity: 2772
Merit: 1028
Duelbits.com
We must hear some news soon, it's too strong selling without something behind it.

Btc-e is completely mental, 30$ below everyone.
member
Activity: 70
Merit: 10

It's because in the whales' quest for margin call hunting (first Bitfinex, then BTC-e), they have effectively killed the market, killed off all confidence in it now.  No sharp bounce from a local bottom like they expected, no strong support signal like we had in April.  Completely reversing all the upward progress and momentum from mid- May.

People who bought at the beginning of the year are now tired and fearful of this market.  People who bought since mid- May are now tired and fearful of this market.  So who's left to buy now?

Looking at the charts, it looks a lot like 2011.


Post of the day.

Mt. Gox is also part of the problem.  Most people are unwilling to leave fiat on an exchange, so there is a 4 business day lag before new buying can start.


Yeah, bullshit post of the day. There are no "whales" manipulating the market. It's third party payment processors like coinbase and bitpay liquidating their customer's coins, along with investors losing faith in the market. It's really that simple.. more sellers than buyers, along with ~3600 new coins minted EVERY.SINGLE.DAY.

But because so many people here put their heart and souls into this technology, they need to believe that it was some kind of conspiracy working against them. Ridiculous.
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
this catastrophic price movement (i am losing a fortune)
The price now is what the price was in May, and about 4x what it was a year ago, and 40x what it was 2 years ago.

What are you doing so wrong that you're losing a fortune under these circumstances?

he is losing an opportunity to make a fortune, I think that is what he meant.
legendary
Activity: 1400
Merit: 1013
Under those circumstances, yes he would be losing a fortune.
Unrealized losses aren't real unless you make them real.

Some people are just incredibly impatient.
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
this really sucks man

wtf is this BS...
Manipulation

Sheep

Idiot sellers

China

 Cheesy

you forgot weak hands.
legendary
Activity: 1022
Merit: 1008
Delusional crypto obsessionist
You've got to wonder at this point who would be crazy enough to keep holding bitcoin. All signs point to a further cascade in price... to be holding right now you either need to be

A) delusional
B) Have no appreciation for the value of moneydollars
Damn it, I fit in both.
hero member
Activity: 686
Merit: 500
Ultranode
http://coinorama.net/

Bid sum shows signs of recovering. Probably at bottom (for today).
legendary
Activity: 3794
Merit: 5474

People who bought at the beginning of the year are now tired and fearful of this market.  People who bought since mid- May are now tired and fearful of this market.  So who's left to buy now?


It works both ways. At some point there will be nobody left to sell and plenty of buyers waiting with forks and knives. That's when it reverses.

That's exactly what people were saying back in April, after the reversal.  And look what has happened since?  We're right back to where we were.

Who's to say it can't happen again, a second time?
legendary
Activity: 1870
Merit: 1023
Looks like BTC is 95% of the crypto-currency market in terms of market cap.  Source: my rough adding of coinmarketcap.com
legendary
Activity: 3794
Merit: 5474
this catastrophic price movement (i am losing a fortune)
The price now is what the price was in May, and about 4x what it was a year ago, and 40x what it was 2 years ago.

What are you doing so wrong that you're losing a fortune under these circumstances?

I'm sure he means something like "investing since January 2014".  Under those circumstances, yes he would be losing a fortune.
hero member
Activity: 924
Merit: 1000

People who bought at the beginning of the year are now tired and fearful of this market.  People who bought since mid- May are now tired and fearful of this market.  So who's left to buy now?


It works both ways. At some point there will be nobody left to sell and plenty of buyers waiting with forks and knives. That's when it reverses.
legendary
Activity: 1400
Merit: 1013
this catastrophic price movement (i am losing a fortune)
The price now is what the price was in May, and about 4x what it was a year ago, and 40x what it was 2 years ago.

What are you doing so wrong that you're losing a fortune under these circumstances?
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
when all cower in fear

WE REMAIN!
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