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

[hexxodev_temp]

some one is building a bear trap..

[luckygenough56]

nice to see btc can still bounce

[kurious]

Well, volume's up for sure.

Is this the dump to finish them all?

Nice greenie so far

Yep, - be nice to find that WAS the bottom, no one will be happier than me.  But let's see!

[Phil_S]

Briefly going under 8000 doesn't count! 

Told ya!

[RealMachasm]

Too early for rocket gifs?
I’ll get my coat.

[Enjel]

This is 100% manipulation. There is no way that this bounce is non-coordinated with massive amount of capital.

They engineer the price dip, and then test people's resolve by dropping the price, and suddenly, when the price is really low, they buy all in at once, causing a massive bounce.

I can't imagine a bunch of people doing this of their own accord all at once.

[explorer]

$1000 bounce in ~20 minutes.  Nothing to see here.

[Dakustaking76]

This is 100% manipulation. There is no way that this bounce is non-coordinated with massive amount of capital.

They engineer the price dip, and then test people's resolve by dropping the price, and suddenly, when the price is really low, they buy all in at once, causing a massive bounce.

I can't imagine a bunch of people doing this of their own accord all at once.

Level over 999999999999999999999999999 manipulation.  Ofcourse

[somac.]

This is 100% manipulation. There is no way that this bounce is non-coordinated with massive amount of capital.

They engineer the price dip, and then test people's resolve by dropping the price, and suddenly, when the price is really low, they buy all in at once, causing a massive bounce.

I can't imagine a bunch of people doing this of their own accord all at once.

The power of short covering

[MelMan2002]

Ready your "It's over 9000" gifs?

[explorer]

This is 100% manipulation. There is no way that this bounce is non-coordinated with massive amount of capital.

They engineer the price dip, and then test people's resolve by dropping the price, and suddenly, when the price is really low, they buy all in at once, causing a massive bounce.

I can't imagine a bunch of people doing this of their own accord all at once.

Those cascading sells you were seeing?  Those were a lot of leveraged shorts - borrowed coins.  Those borrowed coins need to be returned, meaning there will be buying to equal the selling.  They can be caught and forced to buy just as the leveraged longs can be caught and forced to sell, leading to these crazy swings and bounces.  Of course it is played to the max by anyone with the balls and bank.

[fabiorem]

We are going to $4k, but I'm already preparing myself psychologically for $2500.

Sad, because I remember the 1st of August and it was memorable when bitcoin was above $3000.

Nobody is going to buy right now, because it keeps dropping.

Maybe Ifinex is doing this, selling their btc in other exchanges and provoking a snowball effect. They need the dollars to prove the tether is backed by them.

So 2.3 billion worth of bitcoins are being dumped.

I was thinking on selling to buy back lower, but who knows, it can stop right now and come back up.

Do any of you have numbers of how many btc were dumped since this bear run started?

[CristiTCM]

Did we hit the bottom yet

[1982dre]

We are going to $4k, but I'm already preparing myself psychologically for $2500.

Sad, because I remember the 1st of August and it was memorable when bitcoin was above $3000.

Nobody is going to buy right now, because it keeps dropping.

Maybe Ifinex is doing this, selling their btc in other exchanges and provoking a snowball effect. They need the dollars to prove the tether is backed by them.

So 2.3 billion worth of bitcoins are being dumped.

I was thinking on selling to buy back lower, but who knows, it can stop right now and come back up.

Do any of you have numbers of how many btc were dumped since this bear run started?

Thinking the same about selling now and rebuy later. But everytime I tried that, it directly went up. 

[ccminer.net]

We are going to $4k, but I'm already preparing myself psychologically for $2500.

Sad, because I remember the 1st of August and it was memorable when bitcoin was above $3000.

Nobody is going to buy right now, because it keeps dropping.

Maybe Ifinex is doing this, selling their btc in other exchanges and provoking a snowball effect. They need the dollars to prove the tether is backed by them.

So 2.3 billion worth of bitcoins are being dumped.

I was thinking on selling to buy back lower, but who knows, it can stop right now and come back up.

Do any of you have numbers of how many btc were dumped since this bear run started?

Thinking the same about selling now and rebuy later. But everytime I tried that, it directly went up. 

So keep trying dude, over and over again!!

[Totscha]

We are going to $4k, but I'm already preparing myself psychologically for $2500.

Sad, because I remember the 1st of August and it was memorable when bitcoin was above $3000.

Nobody is going to buy right now, because it keeps dropping.

Maybe Ifinex is doing this, selling their btc in other exchanges and provoking a snowball effect. They need the dollars to prove the tether is backed by them.

So 2.3 billion worth of bitcoins are being dumped.

I was thinking on selling to buy back lower, but who knows, it can stop right now and come back up.

Do any of you have numbers of how many btc were dumped since this bear run started?

Thinking the same about selling now and rebuy later. But everytime I tried that, it directly went up. 

Do it, please...

[flynn]

Nobody is going to buy right now, because it keeps dropping.

Well,

Each coin sold needs someone to buy it.

[cofefeGandalf]

We are going to $4k, but I'm already preparing myself psychologically for $2500.

Sad, because I remember the 1st of August and it was memorable when bitcoin was above $3000.

Nobody is going to buy right now, because it keeps dropping.

Maybe Ifinex is doing this, selling their btc in other exchanges and provoking a snowball effect. They need the dollars to prove the tether is backed by them.

So 2.3 billion worth of bitcoins are being dumped.

I was thinking on selling to buy back lower, but who knows, it can stop right now and come back up.

Do any of you have numbers of how many btc were dumped since this bear run started?

Thinking the same about selling now and rebuy later. But everytime I tried that, it directly went up. 

Did that ONCE a long time ago. Never again. Yes I suck at trading.
Could have had a nice collection of private islands by now.

[greensheep]

thats one fine green candle there!!!!!!!!!!!!!!!!
According to masterluc the correction is over we are going to the ... ?

https://vk.com/bitcoin_vanga

[somac.]

Nobody is going to buy right now, because it keeps dropping.

one of the stupidest things I've heard someone say. If that were true every investment ever would be at zero. The reason an asset stops dropping in price is because someone buys it when its dropping.