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

[Davyd05]

Confirmed bad news = confirmed triangle breakdown.

too bad there is no bad news.. FBI private auctioning the bitcoin is a good thing.. we don't have to worry about them having a horde in the future

Don't they still have the much bigger wallet? Ulbricht filed a claim for those coins....

Yes, they are only selling near 30k this time around. Good news for uncertainty.

what uncertainty? the FBI has buyers chomping at the bit for this.. lol they don't even have to shop the asset..

nice bite out of a wall at btc-e 500coin at 805

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[N12]

You have to understand that facts don't matter.

[dgarcia]

Jury is still out, but the bears have a good shot here.

Yes. The chinese woke up and dropped instantly ~1000 Coins in one hit (confirmed bad news incoming...  )

And this slow motion dump on Gox/Stamp mabybe has more chance to break through the unbreakabble support.

[Davyd05]

Confirmed bad news = confirmed triangle breakdown.

too bad there is no bad news.. FBI private auctioning the bitcoin is a good thing.. we don't have to worry about them having a horde in the future

well it all depends if they end up selling to an investor or a trader.

if we confirm a trader.. lets pre dump fuck that guy lol

confirm a hodler, CCMF

can you tell what I am

[jir0n]

800 (at btc-e) very soon

[N12]

Don't worry, the coins weren't moved yet.

https://blockchain.info/address/1F1tAaz5x1HUXrCNLbtMDqcw6o5GNn4xqX

You can bookmark it. At bitcoinmonitor.net, you can even create an alert to be notified if something moves.

Also, show the FBI your support in collapsing the price of Bitcoin and send them more coins. You will also be funding them, making more takedowns involving Bitcoin possible.

[Davyd05]

You have to understand that facts don't matter.

yeah, facts brought us great things like the fed.

[virtualfaqs]

Confirmed bad news = confirmed triangle breakdown.

too bad there is no bad news.. FBI private auctioning the bitcoin is a good thing.. we don't have to worry about them having a horde in the future

well it all depends if they end up selling to an investor or a trader.

if we confirm a trader.. lets pre dump fuck that guy lol

confirm a hodler, CCMF

can you tell what I am

Isn't that what we're doing right now? pre dumping?

[BitChick]

What is up with the sell off?  It is not like the FBI is auctioning off the coins tomorrow.  

Plus there is some really good news out there today too with a major sports team taking BTC.

Sometimes I just don't get it.  Actually, I NEVER get it.

[podyx]

getting my popcorn

[Davyd05]

800 (at btc-e) very soon

looks like you caused it to reverse... perhaps I re start it with 1000 on btc-e 2 days

@virtualfaqs ..but we don't know if its tarder or hodler ? how can we dump or ccmf without that FUD

[damiano]

testing 900 gox

[Davyd05]

testing 900 gox

dunno the support doubled.. perhaps someone wants to help it bounce but like what...a cat .. or flubber?

[virtualfaqs]

What is up with the sell off?  It is not like the FBI is auctioning off the coins tomorrow.  

Plus there is some really good news out there today too with a major sports team taking BTC.

Sometimes I just don't get it.  Actually, I NEVER get it.

Yes, but they announced it. So now the price will reflect post-sale.

Also new merchant is meh. They don't accept BTC as a currency. They only accept BTC as business. Yea it's good for BTC in general, but not good for the price.

[Walsoraj]

Would anyone be surprised by a whale driving down the price on exchanges to make an offer to FBI more appealing?

[N12]

Would anyone be surprised by a whale driving down the price on exchanges to make an offer to FBI more appealing?

Brilliant thinking, as always from you.

[Davyd05]

Would anyone be surprised by a whale driving down the price on exchanges to make an offer to FBI more appealing?

my god.. a sensible comment.. I had to randomly un-ignore to find this gem at random as well.

[N12]

The Manipulator is upon us.

Here's another way of thinking about it: The more USD the FBI gets out of their sale, the more they will have for future operations.

If you don't want to support the FBI, then you know what you have to do.

[BitChick]

What is up with the sell off?  It is not like the FBI is auctioning off the coins tomorrow.  

Plus there is some really good news out there today too with a major sports team taking BTC.

Sometimes I just don't get it.  Actually, I NEVER get it.

Yes, but they announced it. So now the price will reflect post-sale.

Also new merchant is meh. They don't accept BTC as a currency. They only accept BTC as business. Yea it's good for BTC in general, but not good for the price.

Hmm.  I remember after the silk-road shut down announcement in Oct. there was a panic sell but then we proceeded to go on a run to the last ATH after that in November.  So maybe this little panic sell off is a good sign?

[MAbtc]

Since all action is following Huobi, and Huobi is sitting on the 38.2% fib support, I think a small bounce would be in order before a retest and breakout, if downside breakout is coming.