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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29838. (Read 26710653 times)

legendary
Activity: 1148
Merit: 1001
the market is saying GOX has an ~84% chance that GOXERS will be able to withdraw bitcoin soon

If Gox will suddenly allow withdrawals it could result in a hilarious rally just to catch up with stamp/btc-e prices and get the fuck out of there with the coins.
not just that... a good deal of this price droping has to do with the fact that poeple are convinced gox is about to implode and that this will shake confidence

if this is proven to be false then price is low for no good reason.

Plus it will show what the true "bottom" really is and that will give more confidence to investors.  I am actually a little shocked that will all the bad news lately, Gox, Apple, Russia banning BTC we are still hovering around $700!  Shocked  That shows some serious support.

Choo Choo!  Grin
legendary
Activity: 1078
Merit: 1441
the market is saying GOX has an ~84% chance that GOXERS will be able to withdraw bitcoin soon

If Gox will suddenly allow withdrawals it could result in a hilarious rally just to catch up with stamp/btc-e prices and get the fuck out of there with the coins.
not just that... a good deal of this price droping has to do with the fact that poeple are convinced gox is about to implode and that this will shake confidence

if this is proven to be false then price is low for no good reason.
legendary
Activity: 1168
Merit: 1000
If I woke up and saw this with no context:


Ohhhhh daddy...
hero member
Activity: 812
Merit: 1000
sr. member
Activity: 378
Merit: 250
Super Smash Bros. Ultimate Available Now!
so... we're back to where we were 24 hours ago  Roll Eyes
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
the market is saying GOX has an ~84% chance that GOXERS will be able to withdraw bitcoin soon

If Gox will suddenly allow withdrawals it could result in a hilarious rally just to catch up with stamp/btc-e prices and get the fuck out of there with the coins.
not just that... a good deal of this price droping has to do with the fact that poeple are convinced gox is about to implode and that this will shake confidence

if this is proven to be false then price is low for no good reason.
hero member
Activity: 812
Merit: 1000
the market is saying GOX has an ~84% chance that GOXERS will be able to withdraw bitcoin soon

If Gox will suddenly allow withdrawals it could result in a hilarious rally just to catch up with stamp/btc-e prices and get the fuck out from there with the coins.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
the market is saying that there is an ~84% chance that GOXERS will be able to withdraw bitcoin soon
legendary
Activity: 1844
Merit: 1338
XXXVII Fnord is toast without bread
hero member
Activity: 574
Merit: 500
689 wall breaking,going down again

This you call a wall? Somebody made a 1400btc buy order and only 1133btc got filled instantly. The rest a few minutes later. This is no wall...

Anyhow, I have a good feeling, that we see 750 tomorrow or the day after tomorrow again and 800 on weekend. But it's just a feeling Smiley

I think most people will play on the gox uncertainty as thought price is de coupling all together but the full collapse is not factored in IMO. I think a rally could be sparked if gox started letting people withdraw btc the rest will have to be so strong they could break the downtrend since the  dec. 7 nd 17 sell offs

Stamp is ahead of Huobi now
hero member
Activity: 546
Merit: 500
hm
689 wall breaking,going down again

This you call a wall? Somebody made a 1400btc buy order and only 1133btc got filled instantly. The rest a few minutes later. This is no wall...

Anyhow, I have a good feeling, that we see 750 tomorrow or the day after tomorrow again and 800 on weekend. But it's just a feeling Smiley
legendary
Activity: 2338
Merit: 1035
seems like theres lots of selling pressure but still moving up?
hero member
Activity: 812
Merit: 1000
Bullstamp is on the move, btc-e still not sure wtf to do
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
i should have placed more orders...
legendary
Activity: 2338
Merit: 1035
689 wall breaking,going down again
legendary
Activity: 1133
Merit: 1163
Imposition of ORder = Escalation of Chaos
Is that a green daily candle on Stamp?  Grin
hero member
Activity: 546
Merit: 500
hm
Someone bought 1133btc on stamp. It's going up Smiley
legendary
Activity: 2338
Merit: 1035
legendary
Activity: 1148
Merit: 1018
The last few weeks have made me feel as though bitcoin is a long, long, LONG way off from truly mass adoption. If I were a business, no way would I want to introduce this kind of volatility into it. As an individual, it hurts to see just how unstable bitcoin has been lately because one day I have x amount and by the next hour, I might have something worth only a fraction of that investment!

I'm still in, but I see a long road ahead.

You should stop thinking in fiat terms, then.


Tell that to the super market cashier. Cheesy

Loving the irony, but its hard for me to follow c0dex's line of thinking. He should see bitcoin as a wild gamble, not as an investment. Up to dayte BTC has greatly rewarded those who just bought during the crashes and took some profits during the euphoria. Basic stuff.

This is and has always been a crazy ride, a very pure form of mass psychology at work, you just do not think in your fiat shrinking or you will make mistakes. You just calmly play the game with money you can afford to lose, and the odds than in 12/24 months you will be very good.

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