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

[ChartBuddy]

Coin
Explanation

[kodtycoon]

This ongoing first stage of the stock market crash of 2015 doesn´t seem to affect BTC action noticeably so far.

Which stock market crash?

You will see  

Just like i saw the crash of the dollar in 2000 ,2001 , 2002 , 2003 , 2004 , 2005 .... 2300, 2301,2302

the difference is that now the entire world is going through mass de-dollarization.. and its picking up speed.

[Q7]

Nice 1k+ market buy on stamp   Shorts on finex are up for 3k+ in last 2 days and we are still on the same level.

hmmmm

massive bid walls and yet someone is opening new 3 k of shorts.

not to mention no one tested 220.

I like the cartoon. Like they say, a picture is worth a thousand words

I think I will go bullish with the rest of users here. Some changes seen in the order book.

[fabrizio123]

Nice 1k+ market buy on stamp   Shorts on finex are up for 3k+ in last 2 days and we are still on the same level.

hmmmm

massive bid walls and yet someone is opening new 3 k of shorts.

not to mention no one tested 220.

Hah, agree with the picture  
I think we are oversold at this point. Ask sides are really thin on all $ exchanges. Not much coins to 250$. We will probably see a spike to 250$ in next 24h.

Edit: another 800btc market buy on stamp happening right now   Someone loading up.

To short 5 minutes after...

[(Lithium)]

This ongoing first stage of the stock market crash of 2015 doesn´t seem to affect BTC action noticeably so far.

Which stock market crash?

You will see  

Just like i saw the crash of the dollar in 2000 ,2001 , 2002 , 2003 , 2004 , 2005 .... 2300, 2301,2302

the difference is that now the entire world is going through mass de-dollarization.. and its picking up speed.

but since euro zone is killing himself and euro is losing value to USD, what will replace USD?

Rubles? CHinese money? bitcoins?

[Ezmoneyezlife]

Nice 1k+ market buy on stamp   Shorts on finex are up for 3k+ in last 2 days and we are still on the same level.

hmmmm

massive bid walls and yet someone is opening new 3 k of shorts.

not to mention no one tested 220.

Hah, agree with the picture  
I think we are oversold at this point. Ask sides are really thin on all $ exchanges. Not much coins to 250$. We will probably see a spike to 250$ in next 24h.

Edit: another 800btc market buy on stamp happening right now   Someone loading up.

lol, dude, 1k btc is only 230k usd, stamp isnt a market driver, goxobi and okgox are. china might make another bulltrap to 250$ before dumping to sub 200$ but it will just rape market one more time.

[tarmi]

am I the only one seeing the H & S pattern?

[thresher]

Nice 1k+ market buy on stamp   Shorts on finex are up for 3k+ in last 2 days and we are still on the same level.

hmmmm

massive bid walls and yet someone is opening new 3 k of shorts.

not to mention no one tested 220.

Hah, agree with the picture  
I think we are oversold at this point. Ask sides are really thin on all $ exchanges. Not much coins to 250$. We will probably see a spike to 250$ in next 24h.

Edit: another 800btc market buy on stamp happening right now   Someone loading up.

Ever notice though how a 1k btc buy barely impacts the price upwards, yet a 1k btc sell causes the price to plummet?
Why do you think that is....shorting....manipulation.....even a 1k buy can't keep the price from declining to btc's actual usage level.......take your pick

[Ezmoneyezlife]

am I the only one seeing the H & S pattern?

yep, its clearly a H&S on 4hr charts, but according to 4hr macd it might bulltrap to 38.2 fib lvl around 250$

[NotLambchop]

... mass de-dollarization...

...re-tardizilation.

Your turn!

[thresher]

Nvm it is nitrogen sports buying btc to pay all the Superbowl winniners tomorrow!!!!!!!!!!!!!!!    

[tarmi]

am I the only one seeing the H & S pattern?

yep, its clearly a H&S on 4hr charts, but according to 4hr macd it might bulltrap to 38.2 fib lvl around 250$

so many times we had false breakouts on macd that I find that indicator useful only for setting some nice bot and bull traps.

[kodtycoon]

This ongoing first stage of the stock market crash of 2015 doesn´t seem to affect BTC action noticeably so far.

Which stock market crash?

You will see  

Just like i saw the crash of the dollar in 2000 ,2001 , 2002 , 2003 , 2004 , 2005 .... 2300, 2301,2302

the difference is that now the entire world is going through mass de-dollarization.. and its picking up speed.

but since euro zone is killing himself and euro is losing value to USD, what will replace USD?

Rubles? CHinese money? bitcoins?

its generally the strongest economies currency that takes over as reserve currency. so chinese yuan is most likely. but if crypto ends up being the strongest economy in 20-30-40-50 years, it will be some form of crypto. which makes sense cos the reserve currency of the time is generally the most internationally transacted which crypto is made for.

[molecular]

I was going to give it to wolf of wall street, but damn that is absolutely hilarious

Do you wanna trade some shitcoins?

https://www.youtube.com/watch?v=3gfntBEI3Aw

goddamn hilarious right there

absolutely. this dude cracks me up.

[yefi]

EDIT : The market priced BTC at $1200 a year or so ago and here we are  at $220, so I would not place too much faith in it as a guiding light. The market is made up of humans and will always be subject to their whims. In their day, 'the markets' placed 'the earth is flat' as a near certainty. And there were no black swans, only white ones, until somebody first saw one, in Australia, I believe. Lots of theories as to why there were none, but in the end, all nonsense.

As an aside, this one is actually a popular misconception. People have known the Earth was round since at least the time of ancient Greece. Eratosthenes famously calculated the circumference of the globe.

This myth apparently began in an American biography of Christopher Columbus, where the man sets sail to defend his position of a round Earth against the prevailing medieval beliefs.

[Ezmoneyezlife]

Nvm it is nitrogen sports buying btc to pay all the Superbowl winniners tomorrow!!!!!!!!!!!!!!!    

so the winners would be able to dump their "prizes" at sub 200 next month

[matt4054]

So, looks like 230 is the new way to go? How long before the roller coaster rides again

[Ezmoneyezlife]

am I the only one seeing the H & S pattern?

yep, its clearly a H&S on 4hr charts, but according to 4hr macd it might bulltrap to 38.2 fib lvl around 250$

so many times we had false breakouts on macd that I find that indicator useful only for setting some nice bot and bull traps.

yep, at this, totally manipulated by chinese wash volume exchanges, market indicators are useless. though china created a bulltrap to 38.2 fib lvl after touching of 450, back in november.

[Sitarow]

We are getting downward  movement on LTC/BTC may be a little early if we break 0.0083 then we will get a BTC/USD rise.

SO pay attention to that volume.

[WeltMaster]

I was going to give it to wolf of wall street, but damn that is absolutely hilarious

Do you wanna trade some shitcoins?

https://www.youtube.com/watch?v=3gfntBEI3Aw

goddamn hilarious right there

absolutely. this dude cracks me up.

Has James McAvoy let himself go?