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

[molecular]

let's see wether the market was held back by it... doesn't seem so.

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[ChartBuddy]

Explanation

[keewee]

let's see wether the market was held back by it... doesn't seem so.

Hmmm I wouldn't be so sure of that just yet 

[cmacwiz]

shhhhhhhh, back to bed markets

[bitebits]

Someone finally took a chunk out of that 3k wall on Bitfinex.

kaboom

Holy F*CK boys! the wall has been eaten!!!!

In total a 4k btc snap buy.

When I limit myself from the charts, and just read all the news, I get so bitcoin greedy too!

[ChartBuddy]

Explanation

[lyth0s]

So much stagnation with small decline. How boring. Question for the bulls and neutrals, when do you think price will start increasing again and how fast/slow will the price change?

[Tony Abbot]

speachless.

why?

look at this newbie, properly spelling "hodl", and such.

not sure what to say other then give this person a thumbs up.

An intelligent non-trolling newbie!?  We are all speechless. 

Welcome Tony from down under!  My daughter is still upset we did not stop by Australia when we made a trip to visit some New Zealand relatives last Summer.  She will have to go on her own sometime but it was quite a bit more money for that little side trip and really it is hard to see much of Australia in a few days.

NZ's a beautiful place, full of lovely idealist types... I love it.... But they won't be getting any of my tourist dollars until we win back the Bledisloe cup.... You probably don't know what that is, but it's the peak of ANZAC (Aussie and Kiwi) rivalry and my country's been on the losing side for far too long now... Their captain is a national hero, he's been knighted and "SIR" Richie Mckaw is also a cheat... There, I said it... Come at me Kiwis!

[Tony Abbot]

1st post here after lurking for a while....  Long enough to have a swathe of miscreants on ignore. Seriously, there is no incentive I can think of which would encourage the commitment to trolling that some of this douches possess.

Anyway, I've been a hodler since last time we were in the low five hundreds. (In Aussie dollars that is) I was there fairly early on and was excited as soon I managed to finally understand the concept. This took a while as I hate money, I hate the system and have little in the way of financial knowledge. This ignorance has cost me a great deal and caused my resentment of the system to rise exponentially. I see BTC as a huge weapon against the status quo and a great equaliser for people like me.
There a few avenues for dissent these days and BTC is the game changer.
I've been on the sidelines as whether to risk more savings ( I'm one third of my savings in BTC, thinking about adding some Monero) buying more coins   but feel that now is the time. My strategy is put buy orders in for $20 below the morning market price (eastern standard time) before leaving the house each day while this current trend continues and then check in each evening for the gossip before deciding whether to leave the buy orders standing overnight. I hope to add to my hodlings at a decent price.
The average bloke in the street in my country doesn't know shit about BTC and I find the average ignorance level of my countrymen is off the chart. Our media stinks, our governments at all levels are obsessed with revenue collection, our banks are assclowns and post record profits every year I can remember.

I love BTC and what it stands for and feel the rubber band is stretched nearly as far it can go.

Welcome, Tony!
It's nice to see bitcoin infiltrating to all social strata. I mean you are the first PM here

As for your strategy, if I were you and were investing long-time, I wouldn't waste much time trying to buy 4% cheaper. From the other hand, I would try to triple my future fortune by getting 90% in, rather that 30%. (Now, if bitcoin fall to 300$ or to 0$ you would know whom to blame  )

Yep, when you put it that way, it seems obvious but somehow "slowly slowly" feels safer and in these relatively early days,  fiat still feels safer despite the fact it is totally inflationary, backed by bullshit and root of all evil.

And as the leader of the Liberal party, ahhh, I'd just like to say that bit coin is a fad, and agh, unfortunately used by drug dealers and money launderers. It ahh, wouldn't surprise me if it was used to fund terrorism and ahh, as you all know, there are people out there that want to harm Australians.
Ahhh,  That's why today, I am raising Australian's terrorist attack likelihood measure to "highly likely'.   

(he actually did say the last bit, the fear monger's are beating their war drums... Ahhh the joys of living under a conservative government.  )

[Malin Keshar]

Where is the 3k Bitcoin wall at Bitfinex?

I just go out a little and when I'm back that wall that was supposed to take days to be broken is gone

[BTCfan1]

This year's holiday shopping blitz is my far-end target for a marked rise in price

[Zicore47]

Where is the 3k Bitcoin wall at Bitfinex?

I just go out a little and when I'm back that wall that was supposed to take days to be broken is gone

It got eaten apparently.

[Sandia]

Where is the 3k Bitcoin wall at Bitfinex?

I just go out a little and when I'm back that wall that was supposed to take days to be broken is gone

Eaten.

Unfortunately, Stamp is wandering around aimlessly and hasn't tried attacking their wall.
2100 coins to 500 on Bfx.
5400 coins to 500 on Stamp.

[Malin Keshar]

Where is the 3k Bitcoin wall at Bitfinex?

I just go out a little and when I'm back that wall that was supposed to take days to be broken is gone

Eaten.

Unfortunately, Stamp is wandering around aimlessly and hasn't tried attacking their wall.
2100 coins to 500 on Bfx.
5400 coins to 500 on Stamp.

If someone ate the 3100 wall at friday night, I wouldn't be surprised to see 500 before the next week-start

[klee]

The risk NOT buying at these prices is far greater than trying selling now trying to break 450. Not to mention the possible gains.

I predict 600$ next week, mark my words - the game has changed. There are serious guys buying again eating all the coins the desperate short traders throw to them or putting close scare walls.

They are greed and soon they will realise the change in dynamics - I expect borrowing USD for long positions to increase this week.

[iram3130]

Where is the 3k Bitcoin wall at Bitfinex?

I just go out a little and when I'm back that wall that was supposed to take days to be broken is gone

Eaten.

Unfortunately, Stamp is wandering around aimlessly and hasn't tried attacking their wall.
2100 coins to 500 on Bfx.
5400 coins to 500 on Stamp.

If someone ate the 3100 wall at friday night, I wouldn't be surprised to see 500 before the next week-start

We can say that, but sometime eating wall by whales doesn't means they will try to up the market too.
May be they are on accumulating phase where they are buying cheap coin silently.

[klee]

Where is the 3k Bitcoin wall at Bitfinex?

I just go out a little and when I'm back that wall that was supposed to take days to be broken is gone

Eaten.

Unfortunately, Stamp is wandering around aimlessly and hasn't tried attacking their wall.
2100 coins to 500 on Bfx.
5400 coins to 500 on Stamp.

If someone ate the 3100 wall at friday night, I wouldn't be surprised to see 500 before the next week-start

We can say that, but sometime eating wall by whales doesn't means they will try to up the market too.
May be they are on accumulating phase where they are buying cheap coin silently.

This, but is it becoming apparent now so the speculators will change their game accordingly (at least the serious ones).

[Teppino]

https://blockchain.info/en/charts/hash-rate

Hashrate -100k ghs?

Another Glitch?

[ChartBuddy]

Explanation

[keewee]

https://blockchain.info/en/charts/hash-rate

Hashrate -100k ghs?

Another Glitch?

I'd say so: http://bitcoin.sipa.be/