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

[marcus_of_augustus]

https://bitcoinmagazine.com/19244/central-bank-italy-declares-virtual-currency-exchanges-not-subject-aml-requirements/

Never thought Italians would be first  

):

hmmm, very interesting development ... lugano here we come.

Bitcoin is being drooled over by some very large flows that want to escape the clutches of the financial facists ... and rightly so.

They just need to be shown how to operate with it safely and the spigots will open. If developing world can catch a ride and leapfrog the socialist west, mores the better and it makes a better headline story.

[bassclef]

I don't think that wall is going to move

Why not?

It's a real wall that's going to have to be destroyed

I'm thinking something like this... these play out all the time on every timescale. So, no sub $200.

What phase are we at?

On a daily chart, Early on in B or entering C, too soon to tell. My gut says we are at "ST" which stands for secondary test, and happens on lower volume than the SC (selling climax). The ST doesn't always have to retest the very lows, it's simply a demand point. There is a revised version of this with rising bottoms too, so that is also a possibility and very bullish if it plays out.

This is an example of an accumulation range, where the lows (and highs) get constantly tested, weeding out available supply as sold to strong hands. The volume should expand as we approach the top of the range, and contract as we approach the bottom. Toward the end of the range volume will continue to peter out as the market endures a series of tests, and if they pass the price goes up fairly easily because there is literally nothing left to sell into rallies (which is what stops them in the first place). This indicates that the market makers are bullish, and so should you be

Support has held nicely with multiple tests of $220 on low volume, indicating there is not enough supply to push us down at this price level. The last range like this from Oct/Nov/Dec that I traded retested the lows a couple times before completely breaking down on Stamp hack news, so we'll likely need something like that to push us sub-$200.

[NotHatinJustTrollin]

Any wife of a bitcoiner wants the D  



































...IVORCE

[esse83]

https://twitter.com/BenLawsky/status/563060755088834560

"The revised BitLicense Reg can be found on our website here" - Ben Lawsky.

http://www.dfs.ny.gov/legal/regulations/revised_vc_regulation.pdf

[mavericklm]

 NotHatinJustTrollin

))))))))

[damiano]

4900 buy wall at 220 now 

[Wekkel]

@Wekkel;m_o_a
You guys make Scientology look really likeable.

Troll story or not. If you really think that SHE is the problem, than well....

Don't belief everything on the Internet. And certainly do not mistake a response as the actual belief of the poster.
I'm serious (just like our house trolls)

[o0‡0o]

some decent buys happening

[inca]

NY regs out...

[findftp]

Pump target is 234 on finex.
Then, 6 hours sideways to 234,5

[ChartBuddy]

Coin
Explanation

[PoS]

https://bitcointalk.org/index.php?topic=945826.0

[bassclef]

Just flew through the regs, they look pretty good. They softened up on the foreign transactions, now it's "due diligence" by the licensee. AML seems to be improved too, requiring the licensee to do it themselves. Not 100% about that one.

[NotLambchop]

...this IS a financial war on the facist forces that are seeking to enslave humanity to their broken fiat monetary system for their own power.
...
Attempts to label bitcoin supporters a cult is just lazy sloganeering ...

Hahahahahahahaha



"All your human are belong to us!"

  ~Your Beneficent Reptilian Overlords

[YourMother]

Bitcoin, the MySpace of Cryptocurrencies.

[inca]

Just flew through the regs, they look pretty good. They softened up on the foreign transactions, now it's "due diligence" by the licensee. AML seems to be improved too, requiring the licensee to do it themselves. Not 100% about that one.

Now the year can begin...

Good luck trolls!

[seleme]

https://bitcointalk.org/index.php?topic=945826.0

Lol, sure, everyone would warn people to buy before he does.

[KryptoFoo]

http://www.dfs.ny.gov/about/speeches_testimony/sp1412181.htm

a bit of a long version of TL;DR

[Wekkel]

caught this link in another thread: http://www.storyleak.com/email-confirms-bank-americas-social-media-trolling-spy-team/

[fonzie]

https://twitter.com/BenLawsky/status/563060755088834560

"The revised BitLicense Reg can be found on our website here" - Ben Lawsky.

http://www.dfs.ny.gov/legal/regulations/revised_vc_regulation.pdf

 
So they are actually coming! Time to send 10btc on okcoin and put max long  

Too late, "good" news pump is already over 
Didn´t last very long...