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

[ChuckBuck]

Gentlemen, the numbers speak for themselves...

I really really hate those twin girls.

Makes me really angry inside.

[thompete]

And of course my 234.4 sell order misses by a few cents...

I've been missing the tops and bottoms by few cents every fucking time lately

Why not just sell it at lower then ?

[Thomas-s]

"What now, bitches?"

[Eamorr]

Love how there's ZERO volume for the price "support".

Then a big massive red volume spike comes along and washes it all up. Rinse and repeat.

[bassclef]

The only reason we're going under $200 again is because the FPRs haven't attracted a new bear whale yet. as soon as we see a giant ask wall low enough, it's gonna get eaten like fried chicken at Sunday potluck.

This is why I'm only 2.5% margin long right now. Have to keep my powder dry to hunt bear whales.

so who's the sucker gonna be?

I feel like your FPR is simply an explanation for trading ranges, originally outlined by Richard Wyckoff and used by VSA traders. This is how they play out:

1. Selling/buying climax
2. Secondary test(s) of highs/lows
3. Consolidation (up or down)
4. Sign of strength or weakness (a break upward/downward as a clue to the next move)
5. Shakeouts to test for supply/demand
6. Jump across the creek/break through the ice (a backup or spring, to gather strength to penetrate the top or bottom of the range)
7. Markup/markdown

[JohnPercent]

seems like we are going to halt around 200,   



+ or - 100

[Eamorr]

seems like we are going to halt around 200,   



+ or - 100

China awakes in 3 hours.

[Tornate]

[mmitech]

[conspiracy] maybe when the feds seized the SR Bitcoins they actually seized MTgox coins, because it doesn't make sense that the SR had that much of coins...[/conspiracy]

[SnokkomBTC]

Soon...(tomorrow)

[Mirsad]

[JohnPercent]

https://i.imgur.com/WQliL5t.jpg

China Bearish or Bullish recently ?

[Eamorr]

Love it.

Great analogy.

Bitcoin is a great bit old steam engine.

You can't transport the world's population on steam.

[Feri22]

What if Ulbricht was the DPR, had coins on MtGox, lost them and he wants revenge to Karpeles because he would not look very reliable in front of court right now, right?  

[octaft]

Enough with the ponies, wouldja?

[esse83]

What if Ulbricht was the DPR, had coins on MtGox, lost them and he wants revenge to Karpeles because he would not look very reliable in front of court right now, right?  

"To be clear, everyone, defense has NOT made the argument Mark Karpeles was DPR, instead got a DHS agent to admit he was a suspect" https://twitter.com/a_greenberg/status/555827037488037889

So no.

[Eamorr]

China Bearish or Bullish recently ?

No. China prudent.

Sell lots of dead Bitcoin to fat stupid Yankees.

[Bisha]

Plot twist: Adam Gerbuez tweet was about Karpeles being the mastermind behind SR. SR coins taken by the feds are Gox coins.

Still, I don't see how this affects the price  

[marcus_of_augustus]

return of the hate-filled bearpigtrolls ...


and Karpeles was DPR, mt. gox was actually a LE sting operation and Karpeles is also an agent ... join the dots already people.

[Eamorr]

What is "DPR" please?