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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33734. (Read 26713010 times)

full member
Activity: 238
Merit: 100
RMBTB.com: The secure BTC:CNY exchange. 0% fee!
If there's bigger news in the morning about DHS launching criminal proceedings against Gox, yesterday's downswing will look mild. If the biggest BTC exchange loses the ability to do business with US clients, that's a _huge_ problem, and not at all a case of having weak hands or being too bearish.

Oh for sure.  If they go after Gox directly...that's 80% of the market, frozen.  These prices may make no sense to me at the moment but there is no way, I'd be keeping anything at Gox right now.  You're just asking to lose it all.  And nothing says they have to give it back either.  

On a side note:  This stuff is really fascinating.  What a unique time in history.  

The solution is to keep your assets in BTC in your own wallet, not as fiat or BTC in exchange accounts.

Which really is nothing new.

Buying BTC to transfer out makes sense but holding a devaluing currency is just silly when I can convert to fiat somewhere else and rebuy low.

Your constant desire to buy lower (along with others like you) when you have already had ample opportunity is what is devaluing the currency. It's a self-fulfilling prophecy.

At some point, the momentum of what you are trying to do in the short term  will overwhelm any momentum that will allow you to gain longer-term. People will just get bored. Then you can buy your cheap coins, and keep them.
sr. member
Activity: 252
Merit: 250
If there's bigger news in the morning about DHS launching criminal proceedings against Gox, yesterday's downswing will look mild. If the biggest BTC exchange loses the ability to do business with US clients, that's a _huge_ problem, and not at all a case of having weak hands or being too bearish.

Oh for sure.  If they go after Gox directly...that's 80% of the market, frozen.  These prices may make no sense to me at the moment but there is no way, I'd be keeping anything at Gox right now.  You're just asking to lose it all.  And nothing says they have to give it back either.  

On a side note:  This stuff is really fascinating.  What a unique time in history.  

The solution is to keep your assets in BTC in your own wallet, not as fiat or BTC in exchange accounts.

Which really is nothing new.

Buying BTC to transfer out makes sense but holding a devaluing currency is just silly when one can convert to fiat somewhere else and rebuy low.  Unless you're going long. I'm looking for cheap coins and the dollar is certainly more stable than BTC.  
full member
Activity: 238
Merit: 100
RMBTB.com: The secure BTC:CNY exchange. 0% fee!
If there's bigger news in the morning about DHS launching criminal proceedings against Gox, yesterday's downswing will look mild. If the biggest BTC exchange loses the ability to do business with US clients, that's a _huge_ problem, and not at all a case of having weak hands or being too bearish.

Oh for sure.  If they go after Gox directly...that's 80% of the market, frozen.  These prices may make no sense to me at the moment but there is no way, I'd be keeping anything at Gox right now.  You're just asking to lose it all.  And nothing says they have to give it back either.  

On a side note:  This stuff is really fascinating.  What a unique time in history.  

The solution is to keep your assets in BTC in your own wallet, not as fiat or BTC in exchange accounts.

Which really is nothing new.
sr. member
Activity: 411
Merit: 250
oh god.. even the fud is getting boring..
sr. member
Activity: 252
Merit: 250
If there's bigger news in the morning about DHS launching criminal proceedings against Gox, yesterday's downswing will look mild. If the biggest BTC exchange loses the ability to do business with US clients, that's a _huge_ problem, and not at all a case of having weak hands or being too bearish.

Oh for sure.  If they go after Gox directly...that's 80% of the market, frozen.  These prices may make no sense to me at the moment but there is no way, I'd be keeping anything at Gox right now.  You're just asking to lose it all.  And nothing says they have to give it back either.  

On a side note:  This stuff is really fascinating.  What a unique time in history.  
N12
donator
Activity: 1610
Merit: 1010
If there's bigger news in the morning about DHS launching criminal proceedings against Gox, yesterday's downswing will look mild. If the biggest BTC exchange loses the ability to do business with US clients, that's a _huge_ problem, and not at all a case of having weak hands or being too bearish.
It's ok, ignorance is bliss. People need their illusions.
member
Activity: 84
Merit: 10
If there's bigger news in the morning about DHS launching criminal proceedings against Gox, yesterday's downswing will look mild. If the biggest BTC exchange loses the ability to do business with US clients, that's a _huge_ problem, and not at all a case of having weak hands or being too bearish.
sr. member
Activity: 252
Merit: 250
Didn't really check the price/news since yesterday noon, only saw it dropped sharply at some point. Now I come back to... this. Not pretty at all.

Then again, some of you ladies seem to get a bit panicky under stress.

"SELL NOW before the DHS/CIA/Gestapo gets you!"

"Double digits, tomorrow morning!!!"

"There's sand in my vagina, how do I get it out... nevermind, just SELL SELL SELL"

I mean, I didn't expect anything else of clowns like 4key, but Coinseeker? what the fuck, ? I mean, no objection to you going short. No objection to you posting about it, once or twice. But reading through the last two pages, judging by the overall tone of panic (not just by you, not my intention to single you out), one could think the price went back to single digits this night.

Moderation, folks, in both directions. Don't lose your shit when price goes up, but don't lose it either when it goes down :/

What?  Me waking up and saying the same thing you did which is, "huh?", is some how a negative?   Huh  This night just gets weirder and weirder.  
legendary
Activity: 1470
Merit: 1007
Didn't really check the price/news since yesterday noon, only saw it dropped sharply at some point. Now I come back to... this. Not pretty at all.

Then again, some of you ladies seem to get a bit panicky under stress.

"SELL NOW before the DHS/CIA/Gestapo gets you!"

"Double digits, tomorrow morning!!!"

"There's sand in my vagina, how do I get it out... nevermind, just SELL SELL SELL"

I mean, I didn't expect anything else of clowns like 4key, but Coinseeker? what the fuck, ? I mean, no objection to you going short. No objection to you posting about it, once or twice. But reading through the last two pages, judging by the overall tone of panic (not just by you, not my intention to single you out), one could think the price went back to single digits this night.

Moderation, folks, in both directions. Don't lose your shit when price goes up, but don't lose it either when it goes down :/
sr. member
Activity: 252
Merit: 250
These micro buys are killing me. 
legendary
Activity: 1904
Merit: 1002
Holy slippage!  Cheesy

This guy really wanted in.

100 trades in the last 12 hours with a 1.1% spread... we could use some more liquidity, although I'm happy to take the profits for providing what I'm willing to provide.
sr. member
Activity: 350
Merit: 250
This account was recently hacked
I really wish I hadn't decided that getting up early was better than sleeping in all day yesterday
sr. member
Activity: 434
Merit: 250
Holy slippage!  Cheesy

This guy really wanted in.
sr. member
Activity: 252
Merit: 250


Wow.. that brings back sweet memories. Cheesy

Except in the Bitcoin version, when you jump off the cliff, you float higher.   Huh
legendary
Activity: 1106
Merit: 1026
sr. member
Activity: 350
Merit: 250
This account was recently hacked

Maybe that's the problem, perhaps if my computer didn't have a 386 processor and Windows 3.1 then I'd be able to keep up with the trading.....

I love that game  Cheesy
sr. member
Activity: 252
Merit: 250
I guess we'll see.  I certainly can't go back to sleep now, that's for sure.    Embarrassed
sr. member
Activity: 434
Merit: 250
legendary
Activity: 1428
Merit: 1000
Woke up from a nap and I'm like...huh??   Huh  Shouldn't we be sub 100 right now??  Is someone just pumping this up to dump it in a few?? 

/scratches head
Two big buys to $115 and a few lemmings following. IMO unsustainable in the coming hours/days.
sr. member
Activity: 350
Merit: 250
This account was recently hacked
This price could easily collapse again, last time there was massive support for the $119 price which got crushed, this time there's very little in the way of bids holding this price up.  It wouldn't take a huge amount of sales to knock it all the way back down again.

You might be right... seems the rally is losing some steam.
As always seems to happen I set my bid price a tiny bit too low for this rally, and missed my opportunity to do anything about it due to having to do the damned school run.  Sometimes I wonder just how flammable that school is, lol, they're always costing me money.

Fortunately I'm not dealing with enough money to worry about it that much, at least I haven't lost anything I suppose, other than an opportunity.
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