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

[FatherBob]

Ouch.

[1714766260]

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[chopstick]

Is it that time again???

[shmadz]

Does China look strong or is that just me?

edit: the walls

BFX is in panic mode however

If that 340 wall on stamp gets broken, things might finally get interesting.

[adamstgBit]

this really doesn't look good.

[Richy_T]

When you said this, I was like "wait what the fuck, handbags? WTF is this guy talking about there was no mention of handbags in that article" and NOW I realize that you were responding to ANOTHER post, when I had ASSUMED you were responding to the post (and link) directly above your original comment. EDIT: I thought you were saying "I disagree with this person, must have been a woman" and in reality you were talking about handbags.

Well golly gee don't I have egg on my face? I shall leave my previous posts for my own maximum embarrassment (unless you'd prefer I delete them since I am coming at you pretty hard in them, for what now appears to be no fucking reason).

In short: My bad, I apologize.

It's all good. But I don't remember enough about the context to correct you or not on what I was replying to. It was more about the article itself though where the author (who was a woman) was talking about streamlining stuff. Which men typically do anyway (Though I have known women who do and men who don't so there is some stereotyping I admit). Though it is interesting that she picked on messenger bags (which many men eschew) when the more typical and more gender-normal-acceptable version would be the backpack which serves much the same purpose but is viewed in a different light. But it's late and I'm waffling so I'll shut up now.

[shmadz]

this really doesn't look good.

Always darkest before the dawn.

[grappa_barricata]

[Stargazer]

this really doesn't look good.

Always darkest before the dawn.

Right, it was 316 not long ago on Bitstamp. If you didn't sell back then there's no need to panic now

[thefunkybits]

this really doesn't look good.

Always darkest before the dawn.

Yeah this is either the last shakeout or last chance to jump ship for a while...


I guess no one really knows until we break either way

[ImI]

thats obv Ripple taking liquidity out of BTC.

https://poloniex.com/exchange/btc_xrp

[octaft]

When you said this, I was like "wait what the fuck, handbags? WTF is this guy talking about there was no mention of handbags in that article" and NOW I realize that you were responding to ANOTHER post, when I had ASSUMED you were responding to the post (and link) directly above your original comment. EDIT: I thought you were saying "I disagree with this person, must have been a woman" and in reality you were talking about handbags.

Well golly gee don't I have egg on my face? I shall leave my previous posts for my own maximum embarrassment (unless you'd prefer I delete them since I am coming at you pretty hard in them, for what now appears to be no fucking reason).

In short: My bad, I apologize.

It's all good. But I don't remember enough about the context to correct you or not on what I was replying to. It was more about the article itself though where the author (who was a woman) was talking about streamlining stuff. Which men typically do anyway (Though I have known women who do and men who don't so there is some stereotyping I admit). Though it is interesting that she picked on messenger bags (which many men eschew) when the more typical and more gender-normal-acceptable version would be the backpack which serves much the same purpose but is viewed in a different light. But it's late and I'm waffling so I'll shut up now.

Don't worry, I looked back, corrected myself, and it's all good.

If you're curious, it appears you were replying to a post quoting someone talking about putting away the handbags and messenger bags (not exact wording, and I think they were themselves quoting the opening to an article) from two pages before your post, and by complete coincidence your reply happened to be right under a link to an entirely different article that does not at all mention handbags.

[thefunkybits]

thats obv Ripple taking liquidity out of BTC.

https://poloniex.com/exchange/btc_xrp

I dont understand this argument

daily volume is nothing...a handful of altcoins have more volume than XRP

[JayJuanGee]

It's the only type of people I've known to use the term. If what I said offends you, perhaps the shoe fits more than you'd care to admit?

Offend me? You wish you could. All I'm feeling right now is a mild sense of amusement.

If an observation that many women tend to carry way to much shit around in handbags is enough to get you going, I think I which of us needs to be contemplating thinness of skin.

When you said this, I was like "wait what the fuck, handbags? WTF is this guy talking about there was no mention of handbags in that article" and NOW I realize that you were responding to ANOTHER post, when I had ASSUMED you were responding to the post (and link) directly above your original comment. EDIT: I thought you were saying "I disagree with this person, must have been a woman" and in reality you were talking about handbags.

Well golly gee don't I have egg on my face? I shall leave my previous posts for my own maximum embarrassment (unless you'd prefer I delete them since I am coming at you pretty hard in them, for what now appears to be no fucking reason).

In short: My bad, I apologize.

Are you going to go so far as to apologize to me too?    Or NOT?   

[ImI]

thats obv Ripple taking liquidity out of BTC.

https://poloniex.com/exchange/btc_xrp

I dont understand this argument

daily volume is nothing...a handful of altcoins have more volume than XRP

poloniex is just a small exchange for ripple

have a look. ripple does 3 mio a day. thats enough to hurt bitcoin. it sucks liquidity out of bitcoin.

nobody really cared about ripple but as it stands it could get a real threat imo.

http://coinmarketcap.com/

[adamstgBit]

this really doesn't look good.

Always darkest before the dawn.

Yeah this is either the last shakeout or last chance to jump ship for a while...


I guess no one really knows until we break either way

this could be a really good entry point,  but it doesn't feeeeel right, feels like we could get a really good panic in the next 24 hours...

the next 24hour are really un-fucking-believably critical!!!

[ImI]

ripple fucks bitcoin, that's what's happening here imo.

[dakota neat]

ripple fucks bitcoin, that's what's happening here imo.

You mean that premined centralized scam? Then buy in.

[grappa_barricata]

[JorgeStolfi]

Then I will try to figure out who will provide the necessary 335-350 billions USD for that to happen...

13,6 mil (bitcoins in circulation already) multiplied by 24650USD (25000/target price -350/actual price)
Don't forget to add 3600 fresh btc/day (from mining) multiplied by 200...350days

However, only a fraction of those 13.6 M BTC are available in the market (in the exchanges, or out in wallets of traders who would move them in if the price starts to rise).  The rest is being held by long-term holders who may have rather high "sell thresholds".

I would guess that a convincing "next big bubble" could be pumped up with much less than that.  Perhaps 100 M USD would be enough to buy those "loosely held" bicoins and  lift the price to a point when other opportunistic speculators would rush in and bring further millions.

How much would it take to buy all the coins on the ask books of all exchanges up to (say) 1500 $/BTC? 

(Of course that number would be only a very, very rough estimate, since the asks will be pulled up once the price starts to rise, and on the other hand there will be more bitcoins entering the exchanges.)

Perhaps the June/2014 mini-bubble was an attempt by some whales to do just that -- a pump that was meant to get the "next big bubble" started?

[octaft]

ripple fucks bitcoin, that's what's happening here imo.

You mean that premined centralized scam? Then buy in.

He probably already did.