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

[ChartBuddy]

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[1715128358]

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[1715128358]

1715128358

[ChartBuddy]

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[Fatman3001]

That finex wall is epic. I'm observing.

[ChartBuddy]

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[ChartBuddy]

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[BitofaN1]

That finex wall is epic. I'm observing.

5.6 k to 232, noice.Also 3day MACD turned green today.
I predict either the most boring week-end ever, pricewise or a decent run up to 250.No way we're going down (for real).

[ElectricMucus]

Remember when there were taxi ads for that pesky "Internet" thingie in the 90s?
Me neither.

[ChartBuddy]

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[Nami]

Wall Observer
A free service brought to you by the bitcoin community

Whenever there is a significant change in market depth, please update this thread with a new depth chart, and a good price chart with some TA is also welcome, feel free to comment on these if you have something to worth contributing, ( if your post is not at all TA it will be deleted )

Posting guild lines:
 Please lets keep this thread clean. ( I will be removing any off topic posts )
 Do not post random comments on this thread, unless it is directly related to the last wall update (ex. The 20K ask was was NOT sold into, it was removed after being tested)
 When you post a chart please use bitcoincharts.com, mtgoxlive.com, btccharts.com or bitcoinity.com

as requested, i have started a new thread.
this thread is now a self-moderated topic.
I will try and keep this thread clean, with only facts, current trends, past price movements, depth charts, etc.
I promise to not delete post simply because i do not agree with the bearish TA.

thank you for your input!

We needed more regulation around this bitch.

the rules of this thread is an attempt to keep this thread from having +1000 post when price is doing big moves, and instead relay important indicators during critical moments.
also when the market is more calm we can expect to see wall posts and TA price charts, back to back without any relevant chatting, making easier to analyze.
there are other threads where speculators can discuss their sentiment, just not here...

That 1000+ page thread was getting kinda useless.

How about bitcoinium.com pics? I can never get mtgoxlive to load

thats fine too,
I'm looking for quality charts or good TA bearish or bullish.

asking good questions example....

Interesting pattern I've noticed. It's been sort of bouncing downwards for the last 4 days. Is there a technical term for this sort of thing?

is also welcome here.


just don't be posting about your "FEELINGS" and you won't get delete.  

Price bouncing down, Im sure it can bounce back up again, anyway this just some speculation
but for some reason this is how you viewed it.

[ChartBuddy]

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[coinableS]

Remember when there were taxi ads for that pesky "Internet" thingie in the 90s?
Me neither.

Notice that it is Bitmain doing the advertising.
Anyways I'd rather see taxi cab ads as opposed to receiving those pesky AOL floppy disks and CDs in the mail.  

[ChartBuddy]

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[ChartBuddy]

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[prophetx]

400 by end of october 

[prophetx]

My transaction was not included in the last 2 blocks which were 912.39 KB and 976.54 KB big.  The larger one was only 12 minutes long.

I used the recommended fee size.

Yeah the 1MB blocksize is just fine

Us nerds think this is some kind of "Duel of The Fates", but really it's a disagreement between the old guardian of Bitcoin , who's used to get things done, and the brilliant people he brought in to replace him, who's used to pulverize responsibility by dragging processes out until there's consensus. Or not do anything and pretend it's everyone else's fault. I'd love consensus on this thing, but it scares me that these guys would rather drag Bitcoin through the mud than make a decision. Bitcoin has a market cap of 3-4 billion usd atm. When it's 300-400 billion usd everything is going to be controversial. Everything is going to be difficult.

Keep in mind, for a smalll block proponent, no changes to blocksize are desirable. From that perspective, the status quo is fine and the standard fee will simply need to increase. If it's uneconomical for you to put your transactions on the blockchain, too bad.

yes, status quo is just fine and people will just go use Square Cash or write checks.

relegating bitcoin use to int'l money transfers and transactions with shady individuals (aka buying drugs online)

[DieJohnny]

Bitcoin has a market cap of 3-4 billion usd atm. When it's 300-400 billion usd everything is going to be controversial. Everything is going to be difficult.
 

It don't have a hope in hell of reaching that level unless the dead wood is cleared out and cast iron solutions are in place. Speculation can only take you so far. Beyond that you gotta prove you can deliver.

Surely we saw that around $15 billion two years ago did NOT hold up for very long; however, it seems with all fo the building in the meantime (the past two years) that $30to$50 billion should be a fairly decent short term and realistic marker... thereafter $150 billion should be the next intermediary marker with $300 to $400 billion coming soon thereafter.


Even though we could reach $300 Billion in some short term rush, it would likely NOT be very sustainable... within the next 5 years - however, beyond 5 years, that kind of $300 billion plus market cap should be fairly easily sustainable and beyond, no?

Here would be something difficult to explain..... Let's say over the next 20 years Bitcoin never fluctuates more than 10% in a given year up or down but grows at a rate of 8% a year.... becoming the most predictable asset you can possibly buy. How would anyone ever explain it, maybe there is something inherently stable about Bitcoin and an asset like this that nobody has ever really contemplated before. Maybe it just took BTC stabilizing around 3 billion to discover this odd inexplicable stability.....

[ChartBuddy]

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[JayJuanGee]

That finex wall is epic. I'm observing.

5.6 k to 232, noice.Also 3day MACD turned green today.
I predict either the most boring week-end ever, pricewise or a decent run up to 250.No way we're going down (for real).

I thought that there was always a bit of downward pressure on the weekends, due to easiness to move BTC and then to test dumping BTC and if many think that there is a weekend dump pattern, then others may also attempt such dumping, in spite of such downward resistance technicals, no?

[JayJuanGee]

Remember when there were taxi ads for that pesky "Internet" thingie in the 90s?
Me neither.

Notice that it is Bitmain doing the advertising.
Anyways I'd rather see taxi cab ads as opposed to receiving those pesky AOL floppy disks and CDs in the mail.  

Maybe we will will receive BTC wallets in the mail with .00001 BTC to get started?

[ChartBuddy]

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