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Question: Oct. 31 Closing Price:
$0 - 2 (5.9%)
<$7,000 - 2 (5.9%)
$7,000-$7,500 - 1 (2.9%)
$7,500-$8,000 - 3 (8.8%)
$8,000-$8,500 - 10 (29.4%)
$8,500-$9,000 - 5 (14.7%)
$9,000-$9,500 - 1 (2.9%)
$9,500-$10,000 - 3 (8.8%)
$10,000-$10,500 - 2 (5.9%)
>$10,500 - 4 (11.8%)
>$20,000 - 1 (2.9%)
Total Voters: 34

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21408413 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. (109 posts by 22 users deleted.)
molecular
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February 09, 2017, 01:45:35 PM

Bitcoin needs to get completely independent of any central bank.
It is high time we start using only decentralized exchanges or there will always be central bank extortionists.

Couldn't agree more.

How stupid: no BTC withdrawals possible. What do you do? Ah, I know: SELL SELL SELL!
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February 09, 2017, 01:46:27 PM

So... how low will this go?
My guess is it wont dip beneath 900. After that a large move up.

My guess is ~850ish (not now, but in a few days). That is approximately the bottom line of the current mid-term uptrend (not the accelerated recovery uptrend we saw since January).

We are pretty lucky that we know now that the Chinese exchanges had less market share than we thought a month ago. So the PBOC actually (probably unintentionally) could help to stabilize the price, because even a complete "Chexit" would not mean the end of Bitcoin.

@molecular: It's quite understandable -- most of the dumpers would like to withdraw CNY now if BTC is not possible ...
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February 09, 2017, 01:47:12 PM

im loving it
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February 09, 2017, 01:48:51 PM

So... how low will this go?
My guess is it wont dip beneath 900. After that a large move up.

My guess is ~850ish. That is approximately the bottom line of the current mid-term uptrend (not the accelerated recovery uptrend we saw since January).

We are pretty lucky that we know now that the Chinese exchanges had less market share than we thought a month ago. So the PBOC actually (probably unintentionally) could help to stabilize the price, because even a complete "Chexit" would not mean the end of Bitcoin.

@molecular: It's quite understandable -- most of the dumpers would like to withdraw CNY now if BTC is not possible ...

It's like Gox, only in reverse. You can only get fiat out.
As a result, CNY will see a very small rise in value today, just like Gox traded BTC at a premium Smiley
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February 09, 2017, 01:50:15 PM

Sorry guys, this is all my fault.
You see, I couldn't help myself today and bought €50 worth.
That was this morning..
Now look at it.
Sorry.
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February 09, 2017, 01:52:10 PM

Sorry guys, this is all my fault.
You see, I couldn't help myself today and bought €50 worth.
That was this morning..
Now look at it.
Sorry.

Next time please let us know in advance.
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February 09, 2017, 01:52:31 PM

In the end AML should be good for bitcoin.
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February 09, 2017, 01:53:18 PM

Watch out for Japan guys...Bitcoin is a true rising star over there!

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February 09, 2017, 01:53:54 PM

it was really hard for me to login to exchange and sell some minutes before. i tried more that 4-5 times..... lucky enough i sold at higher price Smiley

and now i just look the sale orders coming like crazy..... we go more down i see

we are talking about 80 euro down.... some hours before i asked here where do you see we go from 1000euro base and feeling was UP.... but not...
becoin
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February 09, 2017, 01:55:46 PM

In the end AML should be good for bitcoin.

Bitcoin central bank should be even better?
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February 09, 2017, 01:56:39 PM

Wow, the media is going to have a field day with this one, I can see the headlines now.

"China PBOC Bans Bitcoin"

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February 09, 2017, 01:56:57 PM

since we are the last days on the 1000€ base what do you think regarding if it's a good time to buy or sell? any ideas where do we go from here???

Imo this depends if we will have one final push which positions us in a comfortable area like 50€+ above the 1000.
If not I think we will go down to around 900€, recharge batteries, and give it another try some time later.
Really hard to say which of the two options is going to happen. I hope upwards of course.


Oh boy that was quick!
I did not expect it to happen that quick.
Kraken down to 915€ at this moment!
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February 09, 2017, 01:57:01 PM

Well, one can sell only once. After that, one has fiat, and one can buy again.
Thats some 1337 fundamental TA Wink
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February 09, 2017, 01:57:09 PM

Great job!!!




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LTCChina




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February 09, 2017, 01:57:19 PM

In the end AML should be good for bitcoin.

Bitcoin central bank should be even better?

Not really, but AML is running in US and nobody dies because of it. Why china should be different?
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February 09, 2017, 02:03:41 PM

well, if you can't take the risk don't!

we have a huge sale order wall across all the exchanges people...

you think the party is over? shall i buy back now or wait more?Huh

my feeling is that we will go more down. what is your opinion?? any more news?
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February 09, 2017, 02:11:13 PM

about time. go away china and remember not to come back. time to move beyond and it's a price well worth paying.
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February 09, 2017, 02:15:40 PM

Let's see, so China PBOC has had years to do this with their exchanges.

But they waited, waited years and did nothing.

So why now?  Hmmm.... four weeks to implement KYC/AML.  Hmmm exactly a month from now.

So what happens exactly a month from now that's gonna be sooooo important?  

Hmmm....

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February 09, 2017, 02:18:01 PM

http://www.coindesk.com/two-chinas-biggest-exchanges-stop-bitcoin-withdrawals/

oh boy. fuck dat shit.

edit: so now they can only sell their coins if they want to get out. 

PBOC seems very retard, they suspect bitcoiners laundry money, but the truth is that most people have less than 100 BTC, money landry with a little money? They should focus more on fiat laundrying, they hate Chinese earn money from bitcoin, they are envy those early adopters.
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February 09, 2017, 02:18:47 PM

imagine now that you could not touch your bitcoins for one month......
remembers me the MtGox days...
and imagine this first wave came up and now in China is night.... until tomorrow i would say (maybe in any minute also) we will have a second wave that will bring us bellow 850 about .....

my personal opinion comparing to the last dump...

this was planned to happen now and we will see more dumps at the next hours..
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