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

[hdbuck]

whats with that "FUD" about BTC-e being insolvent or could shut down anytime soon?

[FierceRadish]

whats with that "FUD" about BTC-e being insolvent or could shut down anytime soon?

Link? Otherwise this FUD alert sounds like FUD.

[tarmi]

Who panic bought??

I didn't panic buy; I made the preplanned decision to buy when the downtrend broke.

wow, for 3 days nobody dumps at 550 $, and thats a downtrend broke.

so naive to think that.

[HairyMaclairy]

whats with that "FUD" about BTC-e being insolvent or could shut down anytime soon?

The Russians are invading Bulgaria. True fact.

[hdbuck]

whats with that "FUD" about BTC-e being insolvent or could shut down anytime soon?

The Russians are invading Bulgaria. True fact.

ohhh now i get it.

sell sell sell

[TERA]

Who panic bought??

I didn't panic buy; I made the preplanned decision to buy when the downtrend broke.

wow, for 3 days nobody dumps at 550 $, and thats a downtrend broke.

so naive to think that.

This is exactly what I thought during the recovery in 2013. "It's only going up because nobody is dumping". All the way from $66 to $200. I have told myself many times now to ignore that thought. The lack of dumping indicates some change in supply in the background which you can't understand.

[mellowyellow]

BEWARE of the possible, probable impending mega dump!!

You need to re-assess, Mark Karpeles and the blatant manipulation have left the building. These are serious buyers, the UK news is huge, investment money will start pouring in.

By the way, by UK, I mean United Kingdom treating bitcoin as a currency for tax purposes and scrapping VAT on Bitcoin. Not Ukraine, which although is pretty awful for those in the UKraine, Europe has become very good at containing conflict, it would be different if they were already in the EU, then we would be in serious trouble, but I don't think Putin would have risked that.

You spoke too soon my friend!

Why? What happened, hopefully nothing in Ukraine, my news has nothing but the Pistorius trial.

I see you have plenty of posts so i'm assuming you have traded for some time, so you know it's a natural part of trading to pull back before next leg up.

I've been wanting to say this since Xmas - HODL!!!

(btw for new traders, if you feel those panicky feelings rising, leave the room for 5 mins, whether we're going up or down we generally retrace around 31-61% after a large move - if you sit on your hands and wait you can buy / sell at a better price).

[seleme]

we're nowhere near downtrend break, we're 5% over where we were some 12 hours ago and there's barely 1500 BTC to that point.

But that whale buying 6k coins definitely makes one to think if something is about to happen. I felt much more comfortable before that.

[kurious]

Who panic bought??

Er... I did a fair bit.  Had far too much fiat sitting at 450-550 waiting for dumps that don't look like coming too soon.

I was over 40% fiat - too much right now.

Now in 75% - Gox is as bad as everyone feared and the coins are gone, not destroyed, so are probably already in the market.

That is worst case scenario, and we are not crashing.    Gox seems over now. 

Time to move on.

[yrtrnc]

BUT.. BUT.. You guys said we could buy cheap coins 

[mmitech]

to be honest, I bought back, I lost few % on fees and price difference from my selling point at $570, sent coins to my wallet and I will have a break from trading for few weeks

[TERA]

BUT.. BUT.. You guys said we could buy cheap coins 

You could have. I just didn't realize the deal would only last 6 hours.

[tarmi]

Who panic bought??

I didn't panic buy; I made the preplanned decision to buy when the downtrend broke.

wow, for 3 days nobody dumps at 550 $, and thats a downtrend broke.

so naive to think that.

This is exactly what I thought during the recovery in 2013. "It's only going up because nobody is dumping". All the way from $66 to $200. I have told myself many times now to ignore that thought. The lack of dumping indicates some change in supply in the background which you can't understand.

no changes in supply, new 3600 coins hit the market every day.

[ShroomsKit]

BUT.. BUT.. You guys said we could buy cheap coins 

They are cheap.

[HairyMaclairy]

BUT.. BUT.. You guys said we could buy cheap coins 

They are cheap.

Says the mofo who probably bought them at 25 cents.

[hdbuck]

BUT.. BUT.. You guys said we could buy cheap coins 

They are cheap.

Says the mofo who probably bought them at 25 cents.

busted

[TERA]

Who panic bought??

I didn't panic buy; I made the preplanned decision to buy when the downtrend broke.

wow, for 3 days nobody dumps at 550 $, and thats a downtrend broke.

so naive to think that.

This is exactly what I thought during the recovery in 2013. "It's only going up because nobody is dumping". All the way from $66 to $200. I have told myself many times now to ignore that thought. The lack of dumping indicates some change in supply in the background which you can't understand.

no changes in supply, new 3600 coins hit the market every day.

Like I said you don't understand.  

-Change in supply to exchanges.
-Because people are buying OFF exchange.
-Change in supply because people aren't shorting anymore (and are covering shorts instead)
-Change in supply because no more goxcoins from builder.
-Other reasons

[seleme]

Nobody should get proud on themselves yet. I bought some 50-60 coins in last half an hour but this is in no way clear where we are heading yet.

If you guys could just dump ltc/btc to 0.015-0.018 I couldn't care less what btc price is  

[oda.krell]

Who panic bought??

I didn't panic buy; I made the preplanned decision to buy when the downtrend broke.

wow, for 3 days nobody dumps at 550 $, and thats a downtrend broke.

so naive to think that.

This is exactly what I thought during the recovery in 2013. "It's only going up because nobody is dumping". All the way from $66 to $200. I have told myself many times now to ignore that thought. The lack of dumping indicates some change in supply in the background which you can't understand.

Said it more than once, I'm still quite skeptical we broke the February downtrend, but the signs are there to at least give us a fighting chance.

That said, the lack of dumps so far isn't much of a point... during the early 2013 bubble/pop cycle, the reversal arguably started on July 7. Took until July 18 until some whale decided it's time to get out. So there's easily a bit of a lag possible. (btw, whatever that whale was doing, he never got a chance to buy back cheaper. he/she either cashed out, or bought back higher later on)

[tarmi]

Who panic bought??

I didn't panic buy; I made the preplanned decision to buy when the downtrend broke.

wow, for 3 days nobody dumps at 550 $, and thats a downtrend broke.

so naive to think that.

This is exactly what I thought during the recovery in 2013. "It's only going up because nobody is dumping". All the way from $66 to $200. I have told myself many times now to ignore that thought. The lack of dumping indicates some change in supply in the background which you can't understand.

no changes in supply, new 3600 coins hit the market every day.

Like I said you don't understand.  

-Change in supply to exchanges.
-Because people are buying OFF exchange.
-Change in supply because people aren't shorting anymore (and are covering shorts instead)
-Change in supply because no more goxcoins from builder.
-Other reasons

si, si.

I dont understand. good luck to ya, and your 570 buy.