Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 27228. (Read 26709128 times)
June 12, 2014, 03:40:52 PM
its just profit takers selling that bought in the run up from $340 back in april....there was always a chance this would happen if the bulls ran out of steam..no reason to panic....support will be found soon with volume to surprise.
June 12, 2014, 03:39:13 PM
It's Jason Voorhees' day
June 12, 2014, 03:38:20 PM
prepare for more panic selling
it's friday 13th
it's friday 13th
What does that picture have to do with the caption?
June 12, 2014, 03:35:31 PM
Found this on Reddit regarding the longs on BFX
STOP LOSS shall be triggered well before
June 12, 2014, 03:34:00 PM
prepare for more panic selling
it's friday 13th
it's friday 13th
June 12, 2014, 03:32:34 PM
It is 4:00 am in China now. The continuing drop in price at Huobi etc. for the last hour must be arbitragers tracking the fall at Bitstamp & c.
Could it be that there are two separate sources of gloom in the market, one in the "West" (Bitstamp troubles?) and one in China (the Caixin article?). They take turns in causing individual traders to dump, and then each dump gets echoed on the other side by arbitrage and panic selling?
Could it be that there are two separate sources of gloom in the market, one in the "West" (Bitstamp troubles?) and one in China (the Caixin article?). They take turns in causing individual traders to dump, and then each dump gets echoed on the other side by arbitrage and panic selling?
please define "bitstamp troubles"
June 12, 2014, 03:27:03 PM
It is 4:00 am in China now. The continuing drop in price at Huobi etc. for the last hour must be arbitragers tracking the fall at Bitstamp & c.
Could it be that there are two separate sources of gloom in the market, one in the "West" (Bitstamp troubles?) and one in China (the Caixin article?). They take turns in causing individual traders to dump, and then each dump gets echoed on the other side by arbitrage and panic selling?
Could it be that there are two separate sources of gloom in the market, one in the "West" (Bitstamp troubles?) and one in China (the Caixin article?). They take turns in causing individual traders to dump, and then each dump gets echoed on the other side by arbitrage and panic selling?
June 12, 2014, 03:26:25 PM
Found this on Reddit regarding the longs on BFX
June 12, 2014, 03:24:00 PM
A lot of people believe the moon is coming, and another bunch believe its going to crash a lot lower. Simple. Those buying now obviously believe they are buying near the bottom.
But obviously nobody really believes it that strongly hence low volume.
June 12, 2014, 03:22:57 PM
man bitcoin is crazy.. $8 jump within 4 minutes of each other. it was 599.1 and now it is $608.4. may sound like a small number, but to jump by that amount is so volatile.
Not really, on the way down, asks might be slow to follow so a swift partial recovery is not that out-there.
June 12, 2014, 03:20:40 PM
We're losing support. I can imagine a price of 601/602 in the next minute.
edit - there it was. And humongous fucking wall at 630.
edit - there it was. And humongous fucking wall at 630.
June 12, 2014, 03:20:00 PM
my simple mind question:
If we all see the price in free fall, who buys on the way down?
Why not cancel all buy orders and wait for a better moment, because right now every minute you wait more is more btc for your buck.
very complicated...
If we all see the price in free fall, who buys on the way down?
Why not cancel all buy orders and wait for a better moment, because right now every minute you wait more is more btc for your buck.
very complicated...
A lot of people believe the moon is coming, and another bunch believe its going to crash a lot lower. Simple. Those buying now obviously believe they are buying near the bottom.
June 12, 2014, 03:19:57 PM
lets be Realistic bitcoin isnt going to 10K this year
better sell all your bitcoins
better sell all your bitcoins
I'll quote you on that one, for when the inevitable rally happens, and all caution (and sense) goes out of the window again...
June 12, 2014, 03:19:53 PM
I just bought more coins. Time to go up now.
thnx
thnx
June 12, 2014, 03:19:31 PM
I look away for five minutes, and we've totally ricochet'd.
And suddenly BFX bounces off of $600.
And suddenly BFX bounces off of $600.
June 12, 2014, 03:19:13 PM
man bitcoin is crazy.. $8 jump within 4 minutes of each other. it was 599.1 and now it is $608.4. may sound like a small number, but to jump by that amount is so volatile.
June 12, 2014, 03:18:46 PM
In for a few more coins. $600 seems like a good price to get some more coins pre-moon
June 12, 2014, 03:18:26 PM
my simple mind question:
If we all see the price in free fall, who buys on the way down?
Why not cancel all buy orders and wait for a better moment, because right now every minute you wait more is more btc for your buck.
very complicated...
If we all see the price in free fall, who buys on the way down?
Why not cancel all buy orders and wait for a better moment, because right now every minute you wait more is more btc for your buck.
very complicated...
June 12, 2014, 03:16:52 PM
The China premium is back. $20
It wont last. Just like before when BFX/China were $15-25 above Bitstamp, they will follow. (And this will in turn trigger another dip across all exchanges)
Its very bad for one major exchange to fall behind like this.
I have to say though, it is nice to see some energy in the buyers for once. Walls are getting eaten, but new ones rebuilt very quickly (only to get eaten again)
June 12, 2014, 03:16:23 PM
I mean
THE END IS NEAR
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