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

[Killerpotleaf]

loaded must be watching.

[1714328353]

1714328353

[1714328353]

1714328353

[eddie13]

[julian071]

Not sure if this was posted yet but better safe then sorry.

https://qz.com/881373/bitcoin-btc-price-crashed-because-of-notices-issued-by-the-peoples-bank-of-china/

[notme]

The lines on your 1 minute chart already broke.  Big surprise.

[eddie13]

They don't work every time..

[Karartma1]

Not to be a pessimist, but the chart pattern looks eerily similar to the one that formed back in June/July, just before Bitfinex got hacked.

Wouldn't be surprised if some similar shenanigans were being attempted with Stamp or some other major exchange right now, or over the next few weeks...

^{(again, not trying to be a downer... but surprises do happen, hope I'm wrong though)}

That is called history: we've seen too many exchanges exploding along the ride. The most infamous one was Mt.Gox and we all know about that.
But others got "hacked" or forced to die: Bter, Finex, Mintpal, Cryptsy......
We need to be watchful and follow the golden rule: control the keys.

Talking price it seems we are up and running today. Nice

[elrippo]

Just changed my DNS servers to custom instead of the ones given by my ISP and having access to bitstamp.net again. If you want to use them, feel yourself invited 

Code:

nameserver 192.71.245.208 #(ns1.it) -- 99.85% uptime
nameserver 178.17.170.67 #(ns1.md) -- 98.24% uptime
nameserver 217.12.210.54 #(ns2.ua) -- 98.60% uptime
nameserevr 5.9.49.12 #(ns24.de) -- 99.75% uptime

[Tzupy]

Not to be a pessimist, but the chart pattern looks eerily similar to the one that formed back in June/July, just before Bitfinex got hacked.

Wouldn't be surprised if some similar shenanigans were being attempted with Stamp or some other major exchange right now, or over the next few weeks...

^{(again, not trying to be a downer... but surprises do happen, hope I'm wrong though)}

Except that on the 30th June a small pump pushed the price up a bit, while the equivalent pump of today failed.

[JayJuanGee]

Not to be a pessimist, but the chart pattern looks eerily similar to the one that formed back in June/July, just before Bitfinex got hacked.

Wouldn't be surprised if some similar shenanigans were being attempted with Stamp or some other major exchange right now, or over the next few weeks...

^{(again, not trying to be a downer... but surprises do happen, hope I'm wrong though)}

Except that on the 30th June a small pump pushed the price up a bit, while the equivalent pump of today failed.

I think that you guys are talking about July/August (and not June/July) because the Bitfinex "hack" happened on August 2.

right?

[Tzupy]

Not to be a pessimist, but the chart pattern looks eerily similar to the one that formed back in June/July, just before Bitfinex got hacked.

Wouldn't be surprised if some similar shenanigans were being attempted with Stamp or some other major exchange right now, or over the next few weeks...

^{(again, not trying to be a downer... but surprises do happen, hope I'm wrong though)}

Except that on the 30th June a small pump pushed the price up a bit, while the equivalent pump of today failed.

I think that you guys are talking about July/August (and not June/July) because the Bitfinex "hack" happened on August 2.

right?

I am talking about June 30th to July 8th, when critical support was tested. We might test the current critical support later today and probably bounce from it.
When this little pump failed, a number of traders understood the bearish implications and dumped, so the equivalent of the period mentioned above may get truncated.

[Hunyadi]

It's dumping pretty hard...

[droizs]

I think this will create another panic sell  like last one... luckly i'm on my pc

[Tzupy]

It's dumping pretty hard...

Well, there was another reason for dumping, besides the pump failure, look at the chikun...

[Tzupy]

Not to be a pessimist, but the chart pattern looks eerily similar to the one that formed back in June/July, just before Bitfinex got hacked.

Wouldn't be surprised if some similar shenanigans were being attempted with Stamp or some other major exchange right now, or over the next few weeks...

^{(again, not trying to be a downer... but surprises do happen, hope I'm wrong though)}

Except that on the 30th June a small pump pushed the price up a bit, while the equivalent pump of today failed.

I think that you guys are talking about July/August (and not June/July) because the Bitfinex "hack" happened on August 2.

right?

I am talking about June 30th to July 8th, when critical support was tested. We might test the current critical support later today and probably bounce from it.
When this little pump failed, a number of traders understood the bearish implications and dumped, so the equivalent of the period mentioned above may get truncated.

That didn't take long, actually OKCoin broke it. And Huobi too. Is there some new bearish news we don't know about?

[boyshx]

See you all at 750 xoxo

[K~Ehleyr]

OMG that's exactly what my chart looks like right now 

All that upward breakout behaviour was a trick 

[becoin]

I made good profit buying bitcoins during last dump. I'll do it again. Thanks for the cheap coins.

[600watt]

so...

crypto is dead?

[elrippo]

Kraken seems to sell BTC quite hard --> 817€ at the moment speaking

[kludzins]

so...

crypto is dead?

not dead but irrational as f....