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

[icey]

So when is the next rally people? The bears have been having it too easy lately

[adamstgBit]

So when is the next rally people? The bears have been having it too easy lately

30 mins.

[Torque]

Traders sold it down to $555 last night, and then pushed it back up to $590.  They are going to want their $35 profit soon^TM.

[JayJuanGee]

I'm honestly amazed that nobody has throught to check ShroomsKit's FIRST posts.

From these he's far from a kid living with his parents with barely any btc to rub together.
He runs a business based out of Amsterdam (or he did in 2013) with it's own website.
That said the site seems to be old news now as the domain shows as available on a whois check.

So on that basis yes JorgeStolfi we're all kids living at home with our parents including me.
Speaking of which I've pocket money to earn... damn child labour

+1000 for the epic troll ShroomsKit

"Shroomskit" has admitted previously that at least 3 different people use the account (which explains some of his/her wildly vacillating opinions), so I wouldn't get too involved trying to divine meaning into any 'dogbird' posts.

Let me put it this way. The original owner of this account isn't using it anymore. Not for a long time already.

And yes it could very possible several people are using it.

OK Shroomie.  I believe you.....





NOT!!!!

[aminorex]

creaking downward. second hour of a six hour drop.

[adamstgBit]

Traders sold it down to $555 last night, and then pushed it back up to $590.  They are going to want their $35 profit soon^TM.

they just took their profits, do you not see the vol?

 now lets get going again.

[Ivanhoe]

Rise and shine China!

[JayJuanGee]

Argentina defaults.

Ultimately that kind of news should be bullish for bitcoin; however, the way the bitcoin markets respond to news does NOT always seem to make logical sense...

To be fair, Argentina is a basket case anyway, has been for decades and will continue to be so until and unless they dump the Marxist BS.

Marxism has quite a bit to offer to the understanding of modern and historical capitalism.  In order to understand potential solutions, one needs to understand some of the core problems - Marxism helps with that.

Argentina may have various confrontational issues with the west  (the USA and the IMF); however, I doubt that the solution would be for it to just give in without considering its own identity and role in the world and input from its populous regarding its identity.

[adamstgBit]

5:40 AM Friday, August 1, 2014 (CST)

today is the day all the kids in china jump up and stomp on the ground, all at once

20mins left.

[JayJuanGee]

A decent rebound and the bulls shout 'to da moon'. In order for the bullish scenario to live on, the next 48 (maybe 72) hours are critical.
If support at 540$ will be broken and new support found at 450$ or less, the bullish scenario will be invalidated, and we'll have capitulation.

That's NOT gonna happen... We be lucky to break $550 again in the next week.... absent some major negative news.

[Davyd05]

bulls expecting the rush, I expect that means no bull run soon.

Maybe like 3-4 hrs in to China night trading on Saturday but that's just cause I feel that a good out of left field call.

[ChartBuddy]

Explanation

[JayJuanGee]

Argentina defaults.

Ultimately that kind of news should be bullish for bitcoin; however, the way the bitcoin markets respond to news does NOT always seem to make logical sense...

To be fair, Argentina is a basket case anyway, has been for decades and will continue to be so until and unless they dump the Marxist BS.

OT Funny thing is, they will sell it to the argentinnian people as "evil capitalism" that is guilty for that mess and not their bullshit system as a strange mixture of socialsm and nationalism./OT

IMI:   It is possible that you may on to something.... but what the fuck is "OT"?   

[adamstgBit]

lift off proposed, I blame the bear that dumped just b4.

[Davyd05]

Argentina defaults.

Ultimately that kind of news should be bullish for bitcoin; however, the way the bitcoin markets respond to news does NOT always seem to make logical sense...

To be fair, Argentina is a basket case anyway, has been for decades and will continue to be so until and unless they dump the Marxist BS.

OT Funny thing is, they will sell it to the argentinnian people as "evil capitalism" that is guilty for that mess and not their bullshit system as a strange mixture of socialsm and nationalism./OT

IMI:   It is possible that you may on to something.... but what the fuck is "OT"?  

Off topic :?

Man I like the bullish ness and higher volume on finex and huobi

[hdbuck]

@adam, its not because you dont like the results of your polls that you have to keep changing em every couple hours

[JayJuanGee]

Dumping in July is the equivalent of:

Haaa LOOOL! That's what I always wanted to do. Pull the window down in my Limo and then throw some bills at the people in front of my favourite club!

funny, I always wanted it to rain money.

we should get together

Raining free beers is a sort of training wheels for such a future benevolency.   

[JayJuanGee]

Dumping in July is the equivalent of:

Haaa LOOOL! That's what I always wanted to do. Pull the window down in my Limo and then throw some bills at the people in front of my favourite club!

funny, I always wanted it to rain money.

we should get together

Maybe you should come to my Club sometime! You seem like a nice guy having this great Wall Observer Thread here We can also invite some people from the thread. But only Bulls!

I may qualify for such an invitation....

Speaking on invitations, I am still working on my Circle invitation... I contacted them, and they said don't call us, we'll call you....   Additionally, they said that they are still only sending out limited invitations... so have patience...

[adamstgBit]

Dumping in July is the equivalent of:

Haaa LOOOL! That's what I always wanted to do. Pull the window down in my Limo and then throw some bills at the people in front of my favourite club!

funny, I always wanted it to rain money.

we should get together

Maybe you should come to my Club sometime! You seem like a nice guy having this great Wall Observer Thread here We can also invite some people from the thread. But only Bulls!

I may qualify for such an invitation....

Speaking on invitations, I am still working on my Circle invitation... I contacted them, and they said don't call us, we'll call you....   Additionally, they said that they are still only sending out limited invitations... so have patience...

Circle is working very hard to make sure its not handing out 10$ to poeple holding much profits.

i wanted to sign up so i could send beers around without paying the 5cent TX free, sadly i too was refused service.

[boumalo]

Dumping in July is the equivalent of:

Haaa LOOOL! That's what I always wanted to do. Pull the window down in my Limo and then throw some bills at the people in front of my favourite club!

funny, I always wanted it to rain money.

we should get together

Maybe you should come to my Club sometime! You seem like a nice guy having this great Wall Observer Thread here We can also invite some people from the thread. But only Bulls!

I may qualify for such an invitation....

Speaking on invitations, I am still working on my Circle invitation... I contacted them, and they said don't call us, we'll call you....   Additionally, they said that they are still only sending out limited invitations... so have patience...

Circle is working very hard to make sure its not hand out 10$ to poeple holding much profits.

i wanted to sign up so i could send beers around without paying the 5cent TX free, sadly i too was refused service.

It is a healthy correction we are having, we will be able to go up with a solid base