Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31135.

humanitee

hero member

Activity: 1302

Merit: 502

Quote from: pdawg on December 11, 2013, 03:26:09 PM

Quote from: freet0pian on December 11, 2013, 03:19:17 PM

Quote from: pdawg on December 11, 2013, 03:06:25 PM

Look for support between 822 down to 764. If we break down below that then it's pretty bearish in my book. If we stabilize there and the start backup then the 970 area would be an area of resistance. Judging by the recent BTC action, a bounce should be eminent.

What exchange?

Based on Gox Numbers, but all exchanges should have the same relative price action.

Don't look to Gox man, I'm warning every bear here. This shit is gonna blow up in your face.

pdawg

sr. member

Activity: 252

Merit: 250

Quote from: freet0pian on December 11, 2013, 03:19:17 PM

Quote from: pdawg on December 11, 2013, 03:06:25 PM

Look for support between 822 down to 764. If we break down below that then it's pretty bearish in my book. If we stabilize there and the start backup then the 970 area would be an area of resistance. Judging by the recent BTC action, a bounce should be eminent.

What exchange?

Based on Gox Numbers, but all exchanges should have the same relative price action.

MAbtc

hero member

Activity: 826

Merit: 508

Quote from: sumantso on December 11, 2013, 03:23:02 PM

Quote from: Nemo1024 on December 11, 2013, 01:55:29 PM

Let's see what my next move is.... I'll hold fiat with a "lower than sell" buy order for a couple of days (yeah, I know, boring).

You say that now, but you are gonna buy back in before the day is over Tongue

Seriously, though, its a good strategy. IMO its going down now; you just have to be patient. How low? very difficult to say of course, but 700 is easy, maybe even 600, 500 if panic grips.

If we break the previous low, lower than 500, I'd say. But it's too early to get a good feeling. We haven't yet firmly established the downtrend.

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

Quote from: macsga on December 11, 2013, 03:04:33 PM

European finance ministers have reached the basis of an agreement to wind down failing banks and share the costs, Eurogroup President Jeroen Dijsselbloem told CNBC following a 16-hour marathon negotiating session in Brussels.

The agreement is expected to begin with a Cyprus-style "bail-in" process in which major depositors in failing banks are tapped first in an effort to support the lender.

http://www.cnbc.com/id/101263206

No comments...

time to get mad.

sumantso

legendary

Activity: 1050

Merit: 1000

Quote from: Nemo1024 on December 11, 2013, 01:55:29 PM

Let's see what my next move is.... I'll hold fiat with a "lower than sell" buy order for a couple of days (yeah, I know, boring).

You say that now, but you are gonna buy back in before the day is over Tongue

Seriously, though, its a good strategy. IMO its going down now; you just have to be patient. How low? very difficult to say of course, but $700 is easy, maybe even $600, $500 if panic grips.

seriouscoin

hero member

Activity: 658

Merit: 500

Whos actually trading on Gox now? idiots blind trading?

LOL

freet0pian

full member

Activity: 156

Merit: 100

Quote from: pdawg on December 11, 2013, 03:06:25 PM

Look for support between 822 down to 764. If we break down below that then it's pretty bearish in my book. If we stabilize there and the start backup then the 970 area would be an area of resistance. Judging by the recent BTC action, a bounce should be eminent.

What exchange?

pdawg

sr. member

Activity: 252

Merit: 250

S&P 500 doesn't seems to be reacting well Tongue

Davyd05

hero member

Activity: 574

Merit: 500

Quote from: 11ams on December 11, 2013, 03:14:49 PM

Quote from: pdawg on December 11, 2013, 03:10:28 PM

positive news in that if you were in BTC you wouldn't be getting tapped on the shoulder for a bail out.

That's what I thought. It could potentially push people into looking at Bitcoin for it's store of wealth properties (although the fluctuations right now don't exactly instill confidence).

discussion continue till next week atleast they can try and get verified if need be lOOOOOOOOl don't gotta buy till they know its about to go sideways

pdawg

sr. member

Activity: 252

Merit: 250

Quote from: MikeH on December 11, 2013, 03:12:37 PM

Quote from: 11ams on December 11, 2013, 03:09:19 PM

This is positive news for Bitcoin, is it not? Or are we worried about how this could impact Bitstamp?

yea it's positive - old news to many that this is going to happen everywhere in the world but might snap some mainstream news watching zombies out of their coma.

Cue mass exodus into BTC in 5....... Grin

11ams

newbie

Activity: 56

Merit: 0

Quote from: pdawg on December 11, 2013, 03:10:28 PM

positive news in that if you were in BTC you wouldn't be getting tapped on the shoulder for a bail out.

That's what I thought. It could potentially push people into looking at Bitcoin for it's store of wealth properties (although the fluctuations right now don't exactly instill confidence).

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

Quote from: I_bitcoin on December 11, 2013, 03:10:45 PM

Quote from: adamstgBit on December 11, 2013, 03:06:29 PM

Quote from: macsga on December 11, 2013, 03:04:33 PM

European finance ministers have reached the basis of an agreement to wind down failing banks and share the costs, Eurogroup President Jeroen Dijsselbloem told CNBC following a 16-hour marathon negotiating session in Brussels.

The agreement is expected to begin with a Cyprus-style "bail-in" process in which major depositors in failing banks are tapped first in an effort to support the lender.

http://www.cnbc.com/id/101263206

No comments...

so hmmm do we declare capital gains before or after the bank steals our money? i'm confused.

I wonder if this also impacts funds held in the markets by customers of banks. What it could do is drive stagnant money into the system. It will look for homes (Bitcoin is one

). Other homes would be gold and the stock markets/indexes etc...

http://www.youtube.com/watch?v=yc6Hp_Zq3rU&list=PL3C264C70646796C4

the bitcoin revlation is no joke

we are taking back the power

join us!

MikeH

sr. member

Activity: 406

Merit: 250

Quote from: 11ams on December 11, 2013, 03:09:19 PM

This is positive news for Bitcoin, is it not? Or are we worried about how this could impact Bitstamp?

yea it's positive - it's old news that this is going to happen everywhere in the world but it might snap some mainstream news watching zombies out of their coma.

basically all G20 members agreed to bail ins.

I_bitcoin

full member

Activity: 168

Merit: 100

Quote from: seleme on December 11, 2013, 03:09:52 PM

Quote from: I_bitcoin on December 11, 2013, 03:03:38 PM

Quote from: seleme on December 11, 2013, 02:47:24 PM

I need it 30-40$ down more so I can put a trailing stop order and take some nap. Shocked

How about 30 to 40 USD more?

I held it down to 850 for as long as I could... sorry Wink

I_bitcoin

full member

Activity: 168

Merit: 100

Quote from: adamstgBit on December 11, 2013, 03:06:29 PM

Quote from: macsga on December 11, 2013, 03:04:33 PM

European finance ministers have reached the basis of an agreement to wind down failing banks and share the costs, Eurogroup President Jeroen Dijsselbloem told CNBC following a 16-hour marathon negotiating session in Brussels.

The agreement is expected to begin with a Cyprus-style "bail-in" process in which major depositors in failing banks are tapped first in an effort to support the lender.

http://www.cnbc.com/id/101263206

No comments...

so hmmm do we declare capital gains before or after the bank steals our money? i'm confused.

I wonder if this also impacts funds held in the markets by customers of banks. What it could do is drive stagnant money into the system. It will look for homes (Bitcoin is one

). Other homes would be gold and the stock markets/indexes etc...

pdawg

sr. member

Activity: 252

Merit: 250

positive news in that if you were in BTC you wouldn't be getting tapped on the shoulder for a bail out.

bassclef

hero member

Activity: 924

Merit: 1000

Quote from: 11ams on December 11, 2013, 03:09:19 PM

Quote from: macsga on December 11, 2013, 03:04:33 PM

European finance ministers have reached the basis of an agreement to wind down failing banks and share the costs, Eurogroup President Jeroen Dijsselbloem told CNBC following a 16-hour marathon negotiating session in Brussels.

The agreement is expected to begin with a Cyprus-style "bail-in" process in which major depositors in failing banks are tapped first in an effort to support the lender.

http://www.cnbc.com/id/101263206

No comments...

This is positive news for Bitcoin, is it not? Or are we worried about how this could impact Bitstamp?

May be similar to the Cypress bail-in news, which was fairly significant.

seleme

legendary

Activity: 2772

Merit: 1028

Duelbits.com

Quote from: I_bitcoin on December 11, 2013, 03:03:38 PM

Quote from: seleme on December 11, 2013, 02:47:24 PM

I need it 30-40$ down more so I can put a trailing stop order and take some nap. Shocked

How about 30 to 40 USD more?

11ams

newbie

Activity: 56

Merit: 0

Quote from: macsga on December 11, 2013, 03:04:33 PM

European finance ministers have reached the basis of an agreement to wind down failing banks and share the costs, Eurogroup President Jeroen Dijsselbloem told CNBC following a 16-hour marathon negotiating session in Brussels.

The agreement is expected to begin with a Cyprus-style "bail-in" process in which major depositors in failing banks are tapped first in an effort to support the lender.

http://www.cnbc.com/id/101263206

No comments...

This is positive news for Bitcoin, is it not? Or are we worried about how this could impact Bitstamp?

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

Quote from: macsga on December 11, 2013, 03:07:30 PM

Quote from: adamstgBit on December 11, 2013, 03:06:29 PM

Quote from: macsga on December 11, 2013, 03:04:33 PM

European finance ministers have reached the basis of an agreement to wind down failing banks and share the costs, Eurogroup President Jeroen Dijsselbloem told CNBC following a 16-hour marathon negotiating session in Brussels.

The agreement is expected to begin with a Cyprus-style "bail-in" process in which major depositors in failing banks are tapped first in an effort to support the lender.

http://www.cnbc.com/id/101263206

No comments...

so hmmm do we declare capital gains before or after the bank steals our money? i'm confused.

That should be after taking our cars and homes I guess.. Undecided

fuck!

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31135. (Read 26609188 times)