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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26371207 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
AmazonStuff
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November 11, 2015, 07:35:34 PM

I don't think that $300 will hold
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adamstgBit
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November 11, 2015, 07:39:15 PM

I don't think the 315 wall will hold
AmazonStuff
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November 11, 2015, 07:40:40 PM

I don't think the 315 wall will hold
Damn Adam, now I don't know what to think Cheesy
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November 11, 2015, 07:40:54 PM

I don't think that $300 will hold

It will stabilize where it was before the pump - 250 +/- 20. But it will probably overshoot and hit lower lows at first  (big dumpers, shorting frenzy & mass panic).
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November 11, 2015, 07:41:45 PM

Adam was being quite negative the other day, one might say bearish. He seems to have changed tact. I think the price got low enough & he bought back in, balls deep Grin

Now he wants the price to go up, up, up.

Tell me, am I right?

Cheesy
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November 11, 2015, 07:45:11 PM

Adam was being quite negative the other day, one might say bearish. He seems to have changed tact. I think the price got low enough & he bought back in, balls deep Grin

Now he wants the price to go up, up, up.

Tell me, am I right?

Cheesy

i'm ready for 2016
bambou
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November 11, 2015, 07:47:52 PM

bitcoin forwards, as a smart contract on the blockchain ... cute.

https://medium.com/@hedgy/decoding-the-dna-of-derivatives-82dcdf052607



Dat gif.
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November 11, 2015, 07:49:45 PM

any geniuses left to dump it to 305 once more?

The real geniuses are those who think that price will go up for no reason.

After the break at 500, it was almost obvious that price will return to mean - 250 or so.

newbie genius detected (and ignored)
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November 11, 2015, 07:58:57 PM

Selloff the last 24 hours seems very exaggerated. Check the volume on finex - huge compared to even to the run up. Shorts ticked up to 16k.

If the price fully retraces then that would be disappointing. If the price holds above 300 and the old peak 300-320 becomes support then that is insanely bullish and this would be a great place to accumulate more (or buy back in).

Still it is clear the market is controlled by a few whales not afraid to dump tens of thousands of coins to move the market so anything is possible.


We are not going to stabilize anytime soon with this ongoing level of insane trade volume. 

Look at the charts, and don't tell me that daily volumes of considerably more than 15k per day on stamp is the new norm... that is just way too high to be sustainable.. in other words, we are going to have movement of one direction or another (and even both) until the trade volumes come down to some kind of more normal level (and I am suggesting 15k per day to be an approximation of a kind of normal daily trade volume).
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November 11, 2015, 08:01:14 PM

Coin

Explanation
adamstgBit
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November 11, 2015, 08:07:31 PM

is this gentlemen?
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November 11, 2015, 08:12:29 PM

you shall not pass!
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November 11, 2015, 08:12:36 PM

I don't think the 315 wall will hold
Damn Adam, now I don't know what to think Cheesy

Sure it will.  It was created by the dumper.  All walls, support or resistance, are created by the same whale.

Edit:

PAGE 14000 BITCHES
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November 11, 2015, 08:16:04 PM

So if this entity wants to cap us at 315, does that mean a big ole dump later like yesterday? And most other days where we get a dump around the same time?
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November 11, 2015, 08:16:43 PM

FATMAN WAS HERE!!!

14K!!!!
adamstgBit
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November 11, 2015, 08:18:39 PM

ok THIS is gentlemen
InvestorPerson
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November 11, 2015, 08:19:41 PM

So if this entity wants to cap us at 315, does that mean a big ole dump later like yesterday? And most other days where we get a dump around the same time?

it means that average joe will get slapped around like always, get back the next day and pretend everything is good  Grin
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November 11, 2015, 08:20:17 PM

We are not going to stabilize anytime soon with this ongoing level of insane trade volume.
Increased level of bitcoin adoption leads to increased level of trading volume. It is absolutely logical.
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November 11, 2015, 08:28:32 PM

We are not going to stabilize anytime soon with this ongoing level of insane trade volume.
Increased level of bitcoin adoption leads to increased level of trading volume. It is absolutely logical.

No, decreased price of BTC=increased volume.

Remember the pizza taht was 10K BTC
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November 11, 2015, 08:28:57 PM

Ok I'm done for today. I hope to see tomorrow a price which will still be above the 300s.
Wanna see this as the final bottom now.Otherwise this is getting kind of frustrating and I need to vent my anger on somebody. Cheesy
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