Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31013.

Spaceman_Spiff

legendary

Activity: 1638

Merit: 1001

₪``Campaign Manager´´₪

Quote from: ?? on ??

Quote from: Spaceman_Spiff on December 16, 2013, 04:12:54 PM

http://www.zerohedge.com/news/2013-12-16/bitcoin-banged-bear-market-again-precious-metals-rise

I love how some zerohedge articles pull these correlations out of their ass.

Interesting, it shows the exact opposite of the long term charts, maybe trying to set a precedent for an inverse relationship between PM's and BTC? Gold parity was the breaking point, it'll be interesting to see how much more news tries to push an inverse relationship.

Ok, PMs and bitcoin correlations are definitely interesting, but zerohedge (or one of the Tylers at least) can draw the most idiotic consequences sometimes in random noise. I don't remember the article, but in April boom they tried to correlate daily bitcoin movement with some minor macro trend, while there was much more relevant purely bitcoin related news going on, completely lost my respect for them back then.

MAbtc

hero member

Activity: 826

Merit: 508

Gox has been super stagnant for days, even before last night's drop.

Looks like that push to 4600 is ending now.

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

Quote from: Nemo1024 on December 16, 2013, 04:44:25 PM

Good night, every one. I'll let the night decide if I made the right choice. I'll tell in the morning.

don't sleep tooo long you'll miss the top

capsqrl

sr. member

Activity: 444

Merit: 250

For all the drama today, gox is "only" down 10-12% the last 24 hours.

Qbeczeq

member

Activity: 84

Merit: 10

Quote from: Sitarow on December 16, 2013, 04:34:47 PM

Nicely going up. What a shame that probably will not remain. Waiting till end of week at value. What's yours speculations about it, guys?

Nemo1024

legendary

Activity: 1680

Merit: 1014

Good night, every one. I'll let the night decide if I made the right choice. I'll tell in the morning.

EDIT: I'm in this position, because I couldn't resist making "just one more trade". Damn. Another lesson learnt.

MAbtc

hero member

Activity: 826

Merit: 508

Quote from: ?? on ??

You now need 100$ account balance in fiat or coins to chat @trollbox Cheesy

Annoying because if all in orders, can't troll. Undecided

macsga

legendary

Activity: 1484

Merit: 1002

Strange, yet attractive.

I hate to repost my posts but this troll box is out of control...

Quote from: macsga on December 16, 2013, 02:57:19 PM

Quote from: adamstgBit on December 16, 2013, 02:54:30 PM

i need a cigarette this is too much Undecided

Don't do it; light up a cigar...

I promise. It's gonna be huge when reverted. This is orchestrated - nothing to do with news.

People are just unable to see... Undecided

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

Quote from: ?? on ??

You now need 100$ account balance in fiat or coins to chat @trollbox Cheesy

they should bump it up to 10K

poeple would be watching what those trolls say all day long.

MAbtc

hero member

Activity: 826

Merit: 508

jojo69

legendary

Activity: 3388

Merit: 4775

diamond-handed zealot

Quote from: crazy_rabbit on December 16, 2013, 04:36:45 PM

Why do I buy and hold, oh yeah, thats right. Because of this.

I do it every time.

where would the world be without us?

dani

hero member

Activity: 525

Merit: 500

..yeah

Fuck yeah, guessed the bottom on stamp with a 670$ buy in kinda okay. I finally can quote myself:

Quote from: dani on December 13, 2013, 03:59:02 AM

Quote from: seleme on December 13, 2013, 03:45:45 AM

I'm going back to my precious alts trading, I'm tired of btc vs usd one and I'm shit in it.

Good job, let the good vibes roll

Maybe we can see another swing, so im full bitcoin again? Because 90% bitcoin is just not enough to me. Cool

Full bitcoin reporting in. Fuck chinese news. We should move on. Nuff' said. Choo choo, motherfucker!

spooderman

legendary

Activity: 1680

Merit: 1045

quick! everybody buy back in!

crazy_rabbit

legendary

Activity: 1204

Merit: 1002

RUM AND CARROTS: A PIRATE LIFE FOR ME

Why do I buy and hold, oh yeah, thats right. Because of this.

I do it every time.

kurious

legendary

Activity: 2604

Merit: 1748

Well I thought I was playing a great game - sold a few at just under 900 - bought back at around 812.

I was convinced 800 would not be breached.

Then I watched it come way down and held on.

Then got edgy and sold some on this bounce back at under 750 - assuming it was not over yet.

So.... so far I am in fiat - missing out, perhaps.....

We shall see - but I am not at all sure I have 'made coins' yet, I will freely admit.

seleme

legendary

Activity: 2772

Merit: 1028

Duelbits.com

Quote from: Nolo on December 16, 2013, 04:34:05 PM

Quote from: crazy_rabbit on December 16, 2013, 04:31:39 PM

trap?

Possibly, only time will tell. But we're seeing good support bids being placed, and if China wakes up and sees it rising from an overnight low, they may panic buy and jump on as well. But at the same time they may wake up to news about the third parties and panic sell. Too much uncertainty to know for sure what we're in right now.

it's only 450 coins from china bottom.

Davyd05

hero member

Activity: 574

Merit: 500

Quote from: seleme on December 16, 2013, 04:33:21 PM

Quote from: spooderman on December 16, 2013, 04:22:21 PM

The knife been well and truly caught?

not necessarily, it went up on very low volume. 1000 btc dump at china or gox and we're on bottom again.

468 got munched by gox like it was snack still at 810 somehow

Sitarow

legendary

Activity: 1792

Merit: 1047

Nolo

hero member

Activity: 686

Merit: 500

Whoa, there are a lot of cats in this wall.

Quote from: crazy_rabbit on December 16, 2013, 04:31:39 PM

trap?

Possibly, only time will tell. But we're seeing good support bids being placed, and if China wakes up and sees it rising from an overnight low, they may panic buy and jump on as well. But at the same time they may wake up to news about the third parties and panic sell. Too much uncertainty to know for sure what we're in right now.

seleme

legendary

Activity: 2772

Merit: 1028

Duelbits.com

Quote from: rocks on December 16, 2013, 04:31:11 PM

Deleted - Whoops read the previous wrong...

means buy and sell at bitstamp Grin

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31013. (Read 26712382 times)