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Question: Will bitcoin ever go below $10K again in your lifetime?
Yes - 54 (60%)
No - 36 (40%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 22738761 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. (148 posts by 37 users deleted.)
Icygreen
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May 17, 2019, 03:32:26 AM

Wow, what a show! I've never seen bitcoin in such a volatile candle.  600-800 jumps like fighting a big fish. Must have gone back and forth a dozen times over 5 minutes.  Tempted to trade it.
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1601582511
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freeone
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May 17, 2019, 03:33:35 AM

The bounce is real!
rafanadal
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May 17, 2019, 03:33:46 AM

Bitcoin doubles in price for absolutely no reason over the span of a few days, then drops 25% in the span of one single second on no news and for no reason, but yea, it's not an entirely rigged, fake market at all.

of course, there is manipulation, no one denies this

that doesn't make btc worthless, we still like the technology, and the idea of being your own bank and being able to send or receive money anywhere, anytime, in few seconds, for very low fees, even if it's not entirely decentralized

so unless you have a better option (silver or gold are useless), we will stick with bitcoin
Toxic2040
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May 17, 2019, 03:38:52 AM
Merited by d_eddie (1)

would you just look at the size of it?



4h

#stronghands'19
jbreher
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May 17, 2019, 03:40:11 AM


You left out adamstgBit.
HairyMaclairy
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May 17, 2019, 03:40:36 AM

SOMA is open source
jbreher
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May 17, 2019, 03:41:36 AM

Impossible to enter new orders or tweak old ones on bitmex for like 20 minutes.

Coinbase user not affected.

Well, the dip was rough, but orders are flowing.
d_eddie
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May 17, 2019, 03:43:50 AM

@Toxic I'm a bit spoiled - sometimes I take your #dyor charts and captain mic speeches for granted. Now you got my last sM  Wink
jbreher
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May 17, 2019, 03:44:03 AM

So any idea what triggered the dump? Coinbase volumes were up like 60x during the worst 15 min candle, But I can't tell if that was cause or effect. Didn't happen on my watch.
HairyMaclairy
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May 17, 2019, 03:44:58 AM

$6200 would have been a nice long

So any idea what triggered the dump? Coinbase volumes were up like 60x during the worst 15 min candle, But I can't tell if that was cause or effect. Didn't happen on my watch.

From a TA perspective we broke the parabolic curve.  Cause or effect?  /shrug
Paashaas
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May 17, 2019, 03:46:38 AM

Parabolic move stopped, bull market is still alive.

We will see more $1k-$2k-$3k dumps.

Relax, this pitstop is healthy.

jonoiv
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May 17, 2019, 03:47:00 AM

When Lambo?  Grin
DoublerHunter
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May 17, 2019, 03:54:36 AM

Keep your hands strong and hold what you have now and do invest more will be fine.

I feel that there is a high wave of resistance after this small correction, be hold! and stay strong!


JayJuanGee
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How much alt coin diversification is needed? 0%?


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May 17, 2019, 03:57:48 AM


I guess that he "moved on" in life, so yeah, perhaps he has become a notorious BIG BLOCKER that is wasting his time in bcash circles, and he had gotten a bit bitter about this place.   

You see, you certainly would be more in touch in those circles than me, so how the hell am I going to know all the names of the "movers and shakers" pursuing the ongoing "good fight" bitcoin disinformation campaign?
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May 17, 2019, 03:59:16 AM
Merited by Toxic2040 (1)

$6200 would have been a nice long

Indeed. But I managed to have my short closed near the bottom, so I'm left with just a slice of my long (security buffer) that I intentionally left out of my stop. Would have reopened/added more from even lower than I had already prepared, but I didn't have a chance to place/modify the orders. Now that feels like fuckery. Like 20 straight minutes, FFS.

Jbreher duly reports Coinbase not affected. Then is it a unique flavour of verlakking, guacamole and nachos on the side, MEX style?

So any idea what triggered the dump? Coinbase volumes were up like 60x during the worst 15 min candle, But I can't tell if that was cause or effect. Didn't happen on my watch.
Clueless. I confide in a few of our fine analysts for some fine storytelling.

@jbreher, of course you can use or mention SOMA freely. It's open source anyway, as Hairy pointed out.
Toxic2040
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May 17, 2019, 04:01:48 AM

Perhaps John is mad nobody noticed that he went dark...again?     Cheesy

https://twitter.com/officialmcafee/status/1129068785762283521

Quote
Developing events have made it necessary for John McAfee to go dark. Please be advised that this account will be operated by staff until further notice. More details will be released in time.

9:59 AM - 16 May 2019


¯\_(ツ)_/¯

We may never know...that being said...my advice is to buy the dip.
jonoiv
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May 17, 2019, 04:04:35 AM

So any idea what triggered the dump? Coinbase volumes were up like 60x during the worst 15 min candle, But I can't tell if that was cause or effect. Didn't happen on my watch.

Do you think it could be an algorithm on a certain exchange same as every pump and every dump?
HairyMaclairy
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May 17, 2019, 04:08:47 AM

Coinbase not affected consistent with very strong US retail demand.  This rally has legs.  I predict this bear attack is thoroughly repulsed.  

I have nothing on exchanges tho so can’t trade it.
Toxic2040
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May 17, 2019, 04:10:00 AM

-snip-

Now that feels like fuckery. Like 20 straight minutes, FFS.

 Then is it a unique flavour of verlakking, guacamole and nachos on the side, MEX style?



+1 WOsMerit


Is it odd that I am kinda hungry now?

jbreher
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May 17, 2019, 04:19:38 AM
Merited by 600watt (1)

When Lambo?  

Years.

Ago. Grin
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