Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28764. (Read 26611241 times)

hero member
Activity: 504
Merit: 500
Moderator
Fuck me, i blame it on those 350ug acid tabs, but i´m feelin bullish for BTC again.
I hope i won´t get burned for all that love about BTC(price).  Cheesy
Just bought 30 new coins.
If we go below 490$ i will never post again, promised.
hero member
Activity: 910
Merit: 1003
PS. My tentative explanation for the descending trend is that short-term speculators (especially in China) are becoming tired of bitcoin.

That is understandable, because its price is too unpredictable (they cannot guess where the crashes or rallies will end up, and whether they will have a permanent effect) and generally descending (meaning that losing money is much easier than winning some).

So those speculators are gradually cashing out, usually at a loss, and leaving the market; and not enough new investors are coming in.  Same number of coins in the market, less money = lower price.

If the investment funds were buying, that could be propping the price up.  But with falling BTC price those funds are unattractive, and may start soon (or may already be) selling some of their coins, if investors chose to jump out.  SecondMarket's Bitcoin Investment Trust (BIT) for example was supposed to "start liquidity no later than March 2014".
https://bitcointalksearch.org/topic/m.3620842
hero member
Activity: 980
Merit: 1001
As bitcoin grows so does the intelligence of the trading community. The "news" while still effecting the price does not have as much impact as it once did. I remember a time when that kind of news would have caused a 50-70% panic dip, now not so much.
full member
Activity: 214
Merit: 100
bears running out of bullets or taking a break? Cheesy
they just let bid side rebuild before another dump/
legendary
Activity: 2212
Merit: 1199
to me, only question of time when 530 $ is breach.

then it will be panic time.

2000 coins on bitstamp before that. Single small buy and we shoot back up into the 580's and beyond. But yeah the chart looks bearish. Any sign of a turn and ill buy my next twenty coins.


in a bear market? good luck!


just place your bids low enough. dont fall in bull traps.

This is not a bear market. We are still up 40% from the 400 low.

Indeed we are but perhaps not all of us can see that :-)
Price is still very nice just not so nice as it was three months ago :-)
hero member
Activity: 812
Merit: 1000
bears running out of bullets or taking a break? Cheesy
legendary
Activity: 1106
Merit: 1007
Hide your women
to me, only question of time when 530 $ is breach.

then it will be panic time.

2000 coins on bitstamp before that. Single small buy and we shoot back up into the 580's and beyond. But yeah the chart looks bearish. Any sign of a turn and ill buy my next twenty coins.


in a bear market? good luck!


just place your bids low enough. dont fall in bull traps.

This is not a bear market. We are still up 40% from the 400 low.
hero member
Activity: 910
Merit: 1003
Don't you think this whole situation is stupid?
Someone posts fake news on some Chinese blog, Chinese idiots panic, the rest of the exchanges follows, the news are confirmed to be fake, scared sheep keep selling...

Actually Huobi recovered nicely from the fake news dip; but it was in a descenting trend before that and it continued straight through the dip.  Look at the blue dots in the left plot here:
https://bitcointalksearch.org/topic/m.5829697
If that straight line keeps true, by tonight we should have around 3477 CNY = 566 USD.
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
This feels like capitulation.

You can sense the despair on r/Bitcoin. the permabulls are starting to question themselves lol

everywhere, on r/bitcoin r/bitcoinmarkets and on the speculation forum here
Everybody's confused by what's happening, I certainly am.
Don't you think this whole situation is stupid?
Someone posts fake news on some Chinese blog, Chinese idiots panic, the rest of the exchanges follows, the news are confirmed to be fake, scared sheep keep selling...


Hackers sold at a higher price, and they now want the coins back.  Will you give your bitcoins to them?
This is not the first time, CNN had a news hack too.  Remember this, July 1 2013?
http://news.softpedia.com/news/CNN-s-Political-Ticker-Blog-Hacked-Fake-Bitcoin-Operator-Story-Published-364494.shtml
Fake article was published Near the end of June, the low for the that whole inter-spike period was July 7.
Since it worked so well last time, why not again.
Buying between the fake article and when the rise starts again is about as good a deal as anyone can get.
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
When's the end date, 1 week?
yes

Ok, bitcoin price on bitstamp over $540 before 29th March 2014, 13.00 GMT.
Eh, no bitcoin price on bitstamp below $530 before 29th March 2014, 13.00 GMT , for 0.5BTC. (with me saying it will go lower)
Quoted.
Und now we wait....   (my transaction went through as well)
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
When's the end date, 1 week?
yes

Ok, bitcoin price on bitstamp over $540 before 29th March 2014, 13.00 GMT.
Eh, no bitcoin price on bitstamp below $530 before 29th March 2014, 13.00 GMT , for 0.5BTC. (with me saying it will go lower)
legendary
Activity: 1260
Merit: 1002
When's the end date, 1 week?
yes
lmao
actually, given whats happening, you could call it a day Grin
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 658
Merit: 500
Small Red and Bad
This feels like capitulation.

You can sense the despair on r/Bitcoin. the permabulls are starting to question themselves lol

everywhere, on r/bitcoin r/bitcoinmarkets and on the speculation forum here
Everybody's confused by what's happening, I certainly am.
Don't you think this whole situation is stupid?
Someone posts fake news on some Chinese blog, Chinese idiots panic, the rest of the exchanges follows, the news are confirmed to be fake, scared sheep keep selling...



Meh..

https://www.tradingview.com/e/rnXhiGbH/

Zoom out.
Doesn't look bad from this perspective Wink Still, I don't get why people follow FUD.
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
Any longtimer here who wants to escrow a bet?

I can manage that if you want.

Let's do it then.  Smiley
ok, bet is on.

How exciting  Grin .
donator
Activity: 756
Merit: 500
-Bitcoin & Ripple-
This is a bubble

Better buy some scamcoin.

Better sell everything, willing to buy a miner ? 1.4ths ?
sr. member
Activity: 308
Merit: 250
This is a bubble

Better buy some premined centralized scamcoin.
hero member
Activity: 496
Merit: 500
Spanish Bitcoin trader
Any longtimer here who wants to escrow a bet?

I can manage that if you want.

Let's do it then.  Smiley
hero member
Activity: 722
Merit: 500
This feels like capitulation.

You can sense the despair on r/Bitcoin. the permabulls are starting to question themselves lol

everywhere, on r/bitcoin r/bitcoinmarkets and on the speculation forum here
Everybody's confused by what's happening, I certainly am.
Don't you think this whole situation is stupid?
Someone posts fake news on some Chinese blog, Chinese idiots panic, the rest of the exchanges follows, the news are confirmed to be fake, scared sheep keep selling...



Meh..

https://www.tradingview.com/e/rnXhiGbH/

Zoom out.
Jump to: