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

[ChartBuddy]

Explanation

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[exocytosis]

IT LOOKS PRETTY BAD!   
>400$ seems to be gone for good

Sub 350 and 300 is gonna come sooner than most people realize. The smartest move now is for everyone to sell as many coins as they can, to buy back at a much lower price. There will be plenty of cheap coins, more than enough for anyone wanting to buy.

[JorgeStolfi]

will the federal reserve exist in 20 years?

There is a small chance that it will change its name or format, but is is almost certain that something doing its function will exist.

If there will be no FED in 20 years, it must be because the USA will no longer exist by then.  Some bitcoiners seem to be praying for such a general collapse of society, hoping that it will make bitcoin immensely valuable.  Kind of like praying for your mom to die so that you would have an excuse to skip the quiz at school tomorrow.

[Wandererfromthenorth]

The only thing between current price and "dirt cheap bitcoinz" is those single buy walls at Finex and huobi that could be pulled at any moment.

This thing looks ready for a flash crash, if not today, in a few days.

[inca]

Thanks to everybody that is selling sub-$400 coins. I will sell that back to you for $10,000 next year  

I will buy your coins from you for $50 next year.

Oh so you do want to buy bitcoin despite your constant negative spiel. Quelle surprise!

[abercrombie]

Fake bid wall of 100 on Bitfinex just disappeared.  

No more walls till low 90's.

[exocytosis]

I'm sensing a lot of downward pressure in the markets right now. Any newbs should sell now, to buy in again when we hit sub 200.

[inca]

I'm sensing a lot of downward pressure in the markets right now. Any newbs should sell now, to buy in again when we hit sub 200.

Ha. Give it a rest buddy.

[fonzie]

IT LOOKS PRETTY BAD!  
>400$ seems to be gone for good

Sub 350 and 300 is gonna come sooner than most people realize. The smartest move now is for everyone to sell as many coins as they can, to buy back at a much lower price. There will be plenty of cheap coins, more than enough for anyone wanting to buy.

I expect the drop to stop @ ~350$ after that a small bull trap before we continue our journey downwards to 250-300$

Edit: aka CHEAP COINS COMING IN 

[klo123123012ß30]

Crash coming.

[magicmexican]

I am surprised that 395-400~ held for that long, but looks like its finally going to sub 380~ soon

[madmat]

Fud and bears everywhere. I don't catch what they are doing here.

[NotLambchop]

[prophetx]

lol what?  Obama is not responsible for Chinese opium addiction withdraws

[inca]

Crash coming.

Go for it guys. Short up, sell your stash (oh wait we know you already have).

Lets see the epic crash unfold.

Back in reality it's a slow sunday with virtually no volume whatsoever. This move is meaningless.

[tarmi]

Crash coming.

Go for it guys. Short up, sell your stash (oh wait we know you already have).

Lets see the epic crash unfold.

Back in reality it's a slow sunday with virtually no volume whatsoever. This move is meaningless.

breaking support at 395 with this kind of volume is a strong buy actually.

[klee]

Crash coming.

Go for it guys. Short up, sell your stash (oh wait we know you already have).

Lets see the epic crash unfold.

Back in reality it's a slow sunday with virtually no volume whatsoever. This move is meaningless.

breaking support at 395 with this kind of volume is a strong buy actually.

IF they buy..

[inca]

Crash coming.

Go for it guys. Short up, sell your stash (oh wait we know you already have).

Lets see the epic crash unfold.

Back in reality it's a slow sunday with virtually no volume whatsoever. This move is meaningless.

breaking support at 395 with this kind of volume is a strong buy actually.

I just think its funny the posters cheering on any downward moves and getting vocal all over the forum when they actually have no ability to move the market.

[edwardspitz]

The only thing between current price and "dirt cheap bitcoinz" is those single buy walls at Finex and huobi that could be pulled at any moment.

This thing looks ready for a flash crash, if not today, in a few days.

I suspect at least some of those buy walls are shorts closing. Shorters want to cash out and be ready to get the cheap coins when we go down. Stamps orderbook looks kind of bullish, so I think closing shorts is a good idea (at least if they were opened recently). But more shorts are actually opened, so not everyone agrees.

[fonzie]

Choo choo @ Stamp   
610BTC market sell