Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30923.

RAJSALLIN

hero member

Activity: 665

Merit: 500

Quote from: windjc on December 18, 2013, 05:02:30 AM

Quote from: RAJSALLIN on December 18, 2013, 05:00:47 AM

Well we are close to bottoming. Think there is about one last wash or two left then we go up. Could linger here for a few hours but don't think days. Bought back most of what I sold at 900 and 1100. Still some last bids left.

Discuss.

Yeah, basically several billion humans found out today that they are not allowed to invest in bitcoin exchanges. I do not think we have hit a bottom.

Discuss.

You are over reacting. The market has fallen a lot already. People are getting bearish in hear as well. Kind of funny how everyone was bullish here a few days ago when we were at 900. Yes that was prior to Chineese news but technically it looked awful. You must understand that the price drop has de-leveraged the risk quite a lot now. Technically we look much better off now than 3 days ago.

Discuss.

seleme

legendary

Activity: 2772

Merit: 1028

Duelbits.com

Quote from: Carra23 on December 18, 2013, 05:04:12 AM

Quote from: Carra23 on December 13, 2013, 03:54:01 AM

Quote from: solarflare on December 13, 2013, 03:51:14 AM

Quote from: macsga on December 13, 2013, 03:35:54 AM

I'm thinking of going full fiat right now. To buy back at a lower price (hopefully) Roll Eyes

I am going into fiat now too.

Best decision ever.

I love how much there are deluded holders in here. It was bound to fall before rising again. But there was no acknowledgement of the possibilty by the majority. There was even some thread here named a new paradigm: the bubble which doesn't pop.

Best decision ever? You posted that like 2 hours ago.. it's awful decision or awful lack of earlier decisions.

Searing

copper member

Activity: 2898

Merit: 1465

Clueless!

Quote from: windjc on December 18, 2013, 05:02:30 AM

Quote from: RAJSALLIN on December 18, 2013, 05:00:47 AM

Well we are close to bottoming. Think there is about one last wash or two left then we go up. Could linger here for a few hours but don't think days. Bought back most of what I sold at 900 and 1100. Still some last bids left.

Discuss.

Yeah, basically several billion humans found out today that they are not allowed to invest in bitcoin exchanges. I do not think we have hit a bottom.

Discuss.

ditto.

tutkarz

hero member

Activity: 546

Merit: 501

guess Chinese people don't understand that disabled exchanges will mean price will sky rocket for bitcoin because there will be no easy way to buy them. And they will need them to move wealth out of the country.

alexeft

legendary

Activity: 854

Merit: 1000

Quote from: samsam on December 18, 2013, 05:02:10 AM

...and we are back in the 400s.

So be it! No more debt money for me thank you!

Carra23

legendary

Activity: 980

Merit: 1000

Need a campaign manager? PM me

Quote from: Carra23 on December 13, 2013, 03:54:01 AM

Quote from: solarflare on December 13, 2013, 03:51:14 AM

Quote from: macsga on December 13, 2013, 03:35:54 AM

I'm thinking of going full fiat right now. To buy back at a lower price (hopefully) Roll Eyes

I am going into fiat now too.

Best decision ever.

I love how much there are deluded holders in here. It was bound to fall before rising again. But there was no acknowledgement of the possibilty by the majority. There was even some thread here named a new paradigm: the bubble which doesn't pop.

seleme

legendary

Activity: 2772

Merit: 1028

Duelbits.com

Quote from: windjc on December 18, 2013, 05:02:30 AM

Quote from: RAJSALLIN on December 18, 2013, 05:00:47 AM

Well we are close to bottoming. Think there is about one last wash or two left then we go up. Could linger here for a few hours but don't think days. Bought back most of what I sold at 900 and 1100. Still some last bids left.

Discuss.

Yeah, basically several billion humans found out today that they are not allowed to invest in bitcoin exchanges. I do not think we have hit a bottom.

Discuss.

Several billions? Yeah, sure Grin

mmitech

legendary

Activity: 1148

Merit: 1001

things you own end up owning you

I cant keep up with reading all the pages, each time I check there is 5 new pages ....

windjc

legendary

Activity: 2156

Merit: 1070

Quote from: RAJSALLIN on December 18, 2013, 05:00:47 AM

Well we are close to bottoming. Think there is about one last wash or two left then we go up. Could linger here for a few hours but don't think days. Bought back most of what I sold at 900 and 1100. Still some last bids left.

Discuss.

Yeah, basically several billion humans found out today that they are not allowed to invest in bitcoin exchanges. I do not think we have hit a bottom.

Discuss.

samsam

newbie

Activity: 42

Merit: 0

...and we are back in the 400s.

molecular

donator

Activity: 2772

Merit: 1019

Quote from: alexeft on December 18, 2013, 05:01:00 AM

You know what bears??

When the going gets tough, the tough get going!!! No bitcoin sales from me!!

This!

Some new big players are snatching up coins, I bet. Don't give them your coins!

ChartBuddy

legendary

Activity: 2380

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

alexeft

legendary

Activity: 854

Merit: 1000

You know what bears??

When the going gets tough, the tough get going!!! No bitcoin sales from me!!

molecular

donator

Activity: 2772

Merit: 1019

WOW! that volume on the western exchanges is extraordinary! Not so in China. Weird.

Wealth is changing hands!

We need better arbitrageurs to china.

rpietila back? We reached 500.

RAJSALLIN

hero member

Activity: 665

Merit: 500

Well we are close to bottoming. Think there is about one last wash or two left then we go up. Could linger here for a few hours but don't think days. Bought back most of what I sold at 900 and 1100. Still some last bids left.

Discuss.

ajax3592

full member

Activity: 210

Merit: 100

Crypto News & Tutorials - Coinramble.com

Quote from: hmmmstrange on December 18, 2013, 04:55:02 AM

Let the news begin.......

http://www.bloomberg.com/news/2013-12-18/btc-china-says-it-can-t-accept-new-deposits-for-bitcoin-trading.html

That means a BIG party for the bears tonight !

Since BTC China is down, don't expect $1K levels any time sooner. Think we will stabilize around $600 levels for 1-2 months, not more than that, cuz China was the one to take it to $1300 and closing of the biggest BTC exchange is not some joke

tonyq

legendary

Activity: 879

Merit: 1001

It's quite simple really.
Buy low, sell high!
Grin

Sitarow

legendary

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Merit: 1047

BTC-e

BitStamp

MtGox

CaVirtex

Kraken

OKcoin

RooKIED

full member

Activity: 263

Merit: 100

Well played China

niner

full member

Activity: 189

Merit: 100

You are here ---------> but you're not all there.

Quote from: mb300sd on December 18, 2013, 04:43:14 AM

Quote from: User705 on December 18, 2013, 04:39:39 AM

Quote from: Loaded on December 18, 2013, 04:36:51 AM

One thing bitcoin needs badly right now is a leveraged trading market with real capital. Bitfinex and Icbit are useless to us because a single margin deposit is likely to exceed their available funds.

How would that solve the volatility issue? If anything it will create more of it by putting in more capital bottlenecks. The very same ones you are having issues with right now.

Its pretty obvious he wants to buy right now, but has no funds. With leverage he could use coins to buy coins and volatility during a crash is reduced by large bids and buys.

+1

Also add short covering to the mix: http://www.investopedia.com/terms/s/shortcovering.asp

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30923. (Read 26711547 times)