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

[rebuilder]

I'm actually surprised the dumps aren't bigger. (Did I jinx it?)

[1714674472]

1714674472

[1714674472]

1714674472

[1714674472]

1714674472

[1714674472]

1714674472

[1714674472]

1714674472

[ssmc2]

You guys realize we could go down to 330 and still be in full on MOFO rally mode, right?

[harrymmmm]

With a $60 range in price over exchanges, it's clear arbitrage isn't working well for whatever reason.

Does anyone know how/whether Liquid will affect this?
Or are the arbitrage problems in a completely different class?

it takes ~1hour to move coin
a week to move fiat
and there's only so much traders can have in reserves  

arbitrage is not instant.

If that's the entire problem, then Liquid should help, right?
I admit to not being clear about the fiat side of things. Must read more I think.

[Sitarow]

[bButtercup]

Say what you want about BTC, it sure makes a great currency/unit of account. Send it anywhere in the world in, like, about 10 minutes, and still have no clue how much it'll be worth when it gets there.

[Tzupy]

how high is this thing expected to go?

32,000$ Bitches!

Careful Adam, you may jinx it, and get instead 320$ tomorrow...

Well, it wasn't 320$, but 366$ was close enough... you definitely jinxed it!

[BlindMayorBitcorn]

Way to fuck up the markets by force dumping the western exchanges to $70 off from china. The gap was $15 before the vicious dumping forced the western exchanges down. And thanks for the $120 loss off the high point in the last half a day. A retracement into the mid 400's was expected but this is a fucking nightmare scenario seeing it where it is now after the last 2 months of solid gain and last couple days of fantastic gain. Fuck you whoever brutally and without pause for hours slammed the markets into oblivion today. You assholes didn't have to do that. China would have happily stayed above 500 and held the markets up if not for the insane shitstorm that was brought upon on stamp and finex. It's not lack of buying pressure when you intentionally crush the market with 1000s of coins in a minute every ten minutes for hours on end. WTF      

Lol, yep, sounds like bitcoin.

If I may summon my inner Shromskits for a moment: That was fucked!

[bad trader]

Is this a whalefight or just one whale having fun?



A bit later:

[rocks]

Way to fuck up the markets by force dumping the western exchanges to $70 off from china. The gap was $15 before the vicious dumping forced the western exchanges down. And thanks for the $120 loss off the high point in the last half a day. A retracement into the mid 400's was expected but this is a fucking nightmare scenario seeing it where it is now after the last 2 months of solid gain and last couple days of fantastic gain. Fuck you whoever brutally and without pause for hours slammed the markets into oblivion today. You assholes didn't have to do that. China would have happily stayed above 500 and held the markets up if not for the insane shitstorm that was brought upon on stamp and finex. It's not lack of buying pressure when you intentionally crush the market with 1000s of coins in a minute every ten minutes for hours on end. WTF      

This is clearly the work of an auction bidder. It probably took less than a 10K coin dump to can the price, and they now get to buy 44K coins significantly cheaper.

This is just whale manipulation before the auction prices.

[hdbuck]

how high is this thing expected to go?

32,000$ Bitches!

Careful Adam, you may jinx it, and get instead 320$ tomorrow...

Well, it wasn't 320$, but 366$ was close enough... you definitely jinxed it!

we're not finished yet!

[Cconvert2G36]

Way to fuck up the markets by force dumping the western exchanges to $70 off from china. The gap was $15 before the vicious dumping forced the western exchanges down. And thanks for the $120 loss off the high point in the last half a day. A retracement into the mid 400's was expected but this is a fucking nightmare scenario seeing it where it is now after the last 2 months of solid gain and last couple days of fantastic gain. Fuck you whoever brutally and without pause for hours slammed the markets into oblivion today. You assholes didn't have to do that. China would have happily stayed above 500 and held the markets up if not for the insane shitstorm that was brought upon on stamp and finex. It's not lack of buying pressure when you intentionally crush the market with 1000s of coins in a minute every ten minutes for hours on end. WTF      

Lol, yep, sounds like bitcoin.

If I may summon my inner Shromskits for a moment: That was fucked!

*Needs more impotent rage.

[rjclarke2000]

Say what you want about BTC, it sure makes a great currency/unit of account. Send it anywhere in the world in, like, about 10 minutes, and still have no clue how much it'll be worth when it gets there.

Gotta admit, this is pretty damn funny and at present very accurate

[Dilla]

Say what you want about BTC, it sure makes a great currency/unit of account. Send it anywhere in the world in, like, about 10 minutes, and still have no clue how much it'll be worth when it gets there.

When will people who say this realize that Bitcoin is finding it's worth, once it gets widely adopted, peaks out on the "s" curve, then it will be stable.

[jbreher]

Bring back newbie jail.

Brace yourselves. With the rise comes the news. With the news comes yet another eternal september.

[tarmi]

chinaman dumping hard yuan for....



$


you sheeps.

[spiderbrain]

Today is the best day for this

[smiletyson]

And we're over $400 again!
 Bitstamp 403.19 BTC-e 402.392 Bitfinex 404.99 Huobi 457.27/2897.17

[Hyperjacked]

Well, if I was bidding for the auction tomorrow I think I'd spike myself with magic mushrooms, close my eyes and press the nearest button.

Lay of da shrooms bro and enjoy da ride! You look like an old school rocker like me...Hope you get some!

[MoreFun]

Say what you want about BTC, it sure makes a great currency/unit of account. Send it anywhere in the world in, like, about 10 minutes, and still have no clue how much it'll be worth when it gets there.

  Haha

[BlackSpidy]

I'm actually surprised the dumps aren't bigger. (Did I jinx it?)

You know what's really eerie? Bitstamp tradeview showed me $200 right after I read that comment. That thing goes crazy whenever there are a lot of transactions going on.