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

[Fatman3001]

He who shotrs now will regret laser...  
- Unknown

Someone in the depths of the Guangdong province is really disappointed with that dump.

[1714704570]

1714704570

[r0ach]

The price seems to want to gravitate towards a $362 floor or so.  That extra $20 seems to be scaring away new buyers heh.  Maybe it will stop around $370 though.

[BayAreaCoins]

Kinda blown away by how bullish these quarter futures are on OKCoin.

Made a bit on a short, a long and now again a short down to the low $420's.

Squeezes incoming @ $423

[r0ach]

Here's what I see looking at the chart and trend right now.  Removing outlier data on the bottoms and just going by solid averages, you get these three yuan values, divide them by 3, subtract the $15 spread = $362 current working floor.  If that floor fails to hold, then it's going to fall back on 2250 yuan floor = $355 minus $15 China spread = $340.  For anyone dreaming of $300 coins, I don't foresee it going lower than $340 and it might not even breach $362 again.

[BlackSpidy]

The price seems to want to gravitate towards a $362 floor or so.  That extra $20 seems to be scaring away new buyers heh.  Maybe it will stop around $370 though.

The price has been solidly above $350 for a while, looks like $290 is the new $190. Never to be seen again except for freak occasions.

[ChartBuddy]

Coin

Explanation

[luigi1111]

In case you people haven't noticed, we have a bit of a pest control problem with a user formerly known as NotLambChop/lambie who's creating a flurry of newbie accounts to troll the shit out of us.

There's even a list which we sort of gave up on, but if we post the newbie trolls in there it might get updated.

https://bitcointalk.org/index.php?topic=1019752.0

Are we to assume his Junior Member 'yolalanda' account (or whatever it was) is now perma banned?

It must be why he's creating all the new one's?

It's about time he was banned. This forum does have a problem with troll accounts, worst I've seen on any forum.

it was monero holder which trollolololing all the thread in this forum. the same troll bear here with the name of "yourmother" is a known troll which hold monero

Hmm, would you mind backing this up with evidence (any at all will do, even circumstantial)?

[macsga]

The price seems to want to gravitate towards a $362 floor or so.  That extra $20 seems to be scaring away new buyers heh.  Maybe it will stop around $370 though.

The price has been solidly above $350 for a while, looks like $290 is the new $190. Never to be seen again except for freak occasions.

I wonder what will happen if the MMM scheme decides to diversify with another altcoin (ie: LTC or XMR or even ETH)... Hmm...

[adamstgBit]

Still waiting for

Sub 350

[Torque]

Still waiting for

Sub 350

When the market is being controlled by literally one deep pocket whale or a small consortium, it's gonna be a while.  They will take their time, keep short squeezing and selling into strength until all interest in the market is exhausted.  Then they will dump.

Could be weeks before it all plays out.  Check back at the end of the year.

[adamstgBit]

Still waiting for

Sub 350

I don't understand why.  Didn't you wait for 420 & buy on the way down, AKA 'catch the falling knife'?

ya, then it popped back over 440

[noobtrader]

In case you people haven't noticed, we have a bit of a pest control problem with a user formerly known as NotLambChop/lambie who's creating a flurry of newbie accounts to troll the shit out of us.

There's even a list which we sort of gave up on, but if we post the newbie trolls in there it might get updated.

https://bitcointalk.org/index.php?topic=1019752.0

Are we to assume his Junior Member 'yolalanda' account (or whatever it was) is now perma banned?

It must be why he's creating all the new one's?

It's about time he was banned. This forum does have a problem with troll accounts, worst I've seen on any forum.

it was monero holder which trollolololing all the thread in this forum. the same troll bear here with the name of "yourmother" is a known troll which hold monero

Hmm, would you mind backing this up with evidence (any at all will do, even circumstantial)?

hello monero hodler...
sure i will show the proof here is your monero friend's post
https://bitcointalk.org/index.php?topic=178336.msg12876591#msg12876591


then check what coin he has attacked... all anon coin that he attack except monero.

Please tell me you've already capitulated. We need you to reopen shorts when it actually does roll over.

Unfortunately i'm stuck with an altcoin that keeps devaluing because of this bulltard run and i cannot enjoy profiting from this. Bitcoin doubled from the point where i bought, but my altcoin went down 50 percent. If i sell my altcoin so i can dump Bitcoin, then there's a big possibility of seeing 220$ per BTC in the future (of course, after the ponzi collapses), but my altcoin doubling in price (regaining its former value) in the meantime.

Can't do much

 

[adamstgBit]

Still waiting for

Sub 350

When the market is being controlled by literally one deep pocket whale or a small consortium, it's gonna be a while.  They will take their time, keep short squeezing and selling into strength until all interest in the market is exhausted.  Then they will dump.

Could be weeks before it all plays out.  Check back at the end of the year.

oh come on

1 deep pocket...

what do you think this is, the stock market with the FED as manipulator?

[r0ach]

I expect a red china candle to 2400 yuan any second, which will take the US to $362-365ish.

[Callahan]

Still waiting for

Sub 350

six days ago...
He cant trade lol

[Torque]

Still waiting for

Sub 350

When the market is being controlled by literally one deep pocket whale or a small consortium, it's gonna be a while.  They will take their time, keep short squeezing and selling into strength until all interest in the market is exhausted.  Then they will dump.

Could be weeks before it all plays out.  Check back at the end of the year.

oh come on

1 deep pocket...

what do you think this is, the stock market with the FED as manipulator?

It's obvious by the total lack of volume (like that we saw prior to Nov 5th) and price volatility, as well as for the market to be held perfectly in a tight trading range.  There's only a few deep pocket players in this market right now, the rest are guppies waiting for price swings...

How much you wanna bet that we'll be at least $50 less within 4 weeks?

[Blazin8888]

BITCOIN WILL BE AVAILABLE ON ETHEREUM BLOCKCHAIN

DEVCON NEWS: http://btcrelay.org

BTC Relay allows Ethereum developers to interact with the Bitcoin blockchain and verify Bitcoin transactions. Relayers who submit blocks to support the Relay can earn Ether.BTC Relay is an Ethereum contract that stores Bitcoin blockheaders. BTC Relay uses these blockheaders to build a mini-version of the Bitcoin blockchain: a method used by Bitcoin SPV light wallets.
BTC Relay is open-source, trustless, autonomous and decentralized: it is on the blockchain for all to use and not controlled by anyone.

[rtrtcrypto]

HUGE~!!!!!

BITCOIN WILL BE AVAILABLE ON ETHEREUM BLOCKCHAIN

DEVCON NEWS: http://btcrelay.org

BTC Relay allows Ethereum developers to interact with the Bitcoin blockchain and verify Bitcoin transactions. Relayers who submit blocks to support the Relay can earn Ether.BTC Relay is an Ethereum contract that stores Bitcoin blockheaders. BTC Relay uses these blockheaders to build a mini-version of the Bitcoin blockchain: a method used by Bitcoin SPV light wallets.
BTC Relay is open-source, trustless, autonomous and decentralized: it is on the blockchain for all to use and not controlled by anyone.

[adamstgBit]

Still waiting for

Sub 350

When the market is being controlled by literally one deep pocket whale or a small consortium, it's gonna be a while.  They will take their time, keep short squeezing and selling into strength until all interest in the market is exhausted.  Then they will dump.

Could be weeks before it all plays out.  Check back at the end of the year.

oh come on

1 deep pocket...

what do you think this is, the stock market with the FED as manipulator?

It's obvious by the total lack of volume (like that we saw prior to Nov 5th) and price volatility, as well as for the market to be held perfectly in a tight trading range.  There's only a few deep pocket players in this market right now, the rest are guppies waiting for price swings...

How much you wanna bet that we'll be at least $50 less within 4 weeks?

i'd like to see what happens when price drops 25$, and then make the bet 

[adamstgBit]

HUGE~!!!!!

BITCOIN WILL BE AVAILABLE ON ETHEREUM BLOCKCHAIN

DEVCON NEWS: http://btcrelay.org

BTC Relay allows Ethereum developers to interact with the Bitcoin blockchain and verify Bitcoin transactions. Relayers who submit blocks to support the Relay can earn Ether.BTC Relay is an Ethereum contract that stores Bitcoin blockheaders. BTC Relay uses these blockheaders to build a mini-version of the Bitcoin blockchain: a method used by Bitcoin SPV light wallets.
BTC Relay is open-source, trustless, autonomous and decentralized: it is on the blockchain for all to use and not controlled by anyone.

this is bearish for ETH, now BTC will be favored as the value store / transport within the smart contracts, and ETH will be what it was designed to be, "anti spam fuel", the Ethereum project looks like it has a bright future, ETH/BTC not so much.