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

[adamstgBit]

Well, I stuck my neck out yesterday and foolishly made a prediction that was completely incorrect (revisiting the 330s yesterday).  

However, I still think we are over-heated on enthusiasm and will be retesting 300 at least before we truly reverse market sentiment.  Its' heartening to see a few more people here are beginning to step out from the red mist and actually look at things a bit more objectively.  Adam reposting scenes from Armageddon does not a trading strategy make.

I'd be more inclined to think this may play out
https://www.tradingview.com/v/uWy5zTmF/

All you praying us, need to know, that everything that can be done to prevent this disaster is being called into service

I will go all in at 350.

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[PeteAugustus]

could btc/usd prices be impacted by cryptsys huge volume of XRP markets ? and would altcoins help or make it worse for the growth of BTC/USD?

The altcoins that come to mind that seek larger speculation of growth like Coin Magi (XMG), Primecoin (XPM), Peercoin (PPC) ..?

[nanobrain]

Well, I stuck my neck out yesterday and foolishly made a prediction that was completely incorrect (revisiting the 330s yesterday).  

However, I still think we are over-heated on enthusiasm and will be retesting 300 at least before we truly reverse market sentiment.  Its' heartening to see a few more people here are beginning to step out from the red mist and actually look at things a bit more objectively.  Adam reposting scenes from Armageddon does not a trading strategy make.

I'd be more inclined to think this may play out
https://www.tradingview.com/v/uWy5zTmF/

All you praying us, need to know, that everything that can be done to prevent this disaster is being called into service

I will go all in at 350.

...pictures of royal leeches should be banned...

LOL, so you're saying we need to "prevent this disaster"?

[adamstgBit]

could btc/usd prices be impacted by cryptsys huge volume of XRP markets ? and would altcoins help or make it worse for the growth of BTC/USD?

The altcoins that come to mind that seek larger speculation of growth like Coin Magi (XMG), Primecoin (XPM), Peercoin (PPC) ..?

DOGE is a pretty big one

its hard to say exactly how it these alts effect he BTC market

but the idea that BTC is needed to bid in these markets is rather bullish for BTC.

[ChartBuddy]

Explanation

[Raystonn]

The volume on the dip to 349.00 is higher than the volume at the 395.55 peak.  What this means is we didn't stop at the peak due to too many sellers.  We stopped due to lack of buyers.  On the way down we stopped due to an influx of buyers providing support.  The 349.00 support is thus stronger than the 395.55 resistance.

TL;DR - Probability of breaking out above 392.55 is greater than probability of breaking out below 349.00 at this point.

[FNG]

1000 @ 372. Who's going to eat it?

[fallinglantern]

now summoning the bullwhale?

[MrPiggles]

she's a fuckin lawyer, of course you can't get a straight answer out of her.

also, she's a woman. since when do women know how long anything takes. my wifes 5 mins can be several minutes to an hour

I bet she knows how long you take! 

Absolutely, and I bet 5mins in the company of such a charming man like 'Piggles' would feel like an hour for most women.

Oh look at that I made a sarcastic generalisation about women and someone got butthurt.

Calm down dear

[Raystonn]

And some people wonder why there is a lack of women in technology and trading.

[Gingermod]

And some people wonder why there is a lack of women in technology and trading.

Why? Muh patriarchy?

[MrPiggles]

And some people wonder why there is a lack of women in technology and trading.

because they take everything personally ?

don't worry, there's usually a bunch of white knight neckbeards around to rush to their defense

[fonzie]

knock knock

Seems like nobody wants to open the door

[fonzie]

I predict 15k+ shorts in the next 24h. 20k in the next 7days if we shouldn´t break 400$ soonish

BTC swaps   13,652.06

[cmacwiz]

that bull whale is disgusting

[MrPiggles]

that bull whale is disgusting

gonorrhoea whale

[byronbb]

could btc/usd prices be impacted by cryptsys huge volume of XRP markets ? and would altcoins help or make it worse for the growth of BTC/USD?

The altcoins that come to mind that seek larger speculation of growth like Coin Magi (XMG), Primecoin (XPM), Peercoin (PPC) ..?

DOGE is a pretty big one

its hard to say exactly how it these alts effect he BTC market

but the idea that BTC is needed to bid in these markets is rather bullish for BTC.

Alts have diluted capital flow into BTC. Perhaps just fool's money, but imagine if all the cash that went into DOGE et al. went into BTC.

[ChartBuddy]

Explanation

[hyphymikey]

could btc/usd prices be impacted by cryptsys huge volume of XRP markets ? and would altcoins help or make it worse for the growth of BTC/USD?

The altcoins that come to mind that seek larger speculation of growth like Coin Magi (XMG), Primecoin (XPM), Peercoin (PPC) ..?

DOGE is a pretty big one

its hard to say exactly how it these alts effect he BTC market

but the idea that BTC is needed to bid in these markets is rather bullish for BTC.

Alts have diluted capital flow into BTC. Perhaps just fool's money, but imagine if all the cash that went into DOGE et al. went into BTC.

Once they see BTC rallying they will trade DOGE for BTC

[octaft]

And some people wonder why there is a lack of women in technology and trading.

because they take everything personally ?

don't worry, there's usually a bunch of white knight neckbeards around to rush to their defense

Fuck man, if you're going to troll, at least do it better than a 14 year old 4channer.