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

[(Lithium)]

It seems (confirmed) Mycoin "lost"  ~ 387 mln of dollars  (HK$3bn) , more here in the article :

http://www.coindesk.com/hong-kong-exchange-mycoin-disappears-387m-reports-claim/

nice you used quotes in the "lost 387M"
Use them is never enough

https://bitcointalk.org/index.php?topic=949959.0

[razorramon]

at the beginning of the day...with all the fud and the little decrease i thought we will at least retest 210....well...bears got a little silent now

doesnt look like a lot of new shorts were opended...maybe someone dumped into his own pocket to cause some panic...and it didnt work

[redsn0w]

It seems (confirmed) Mycoin "lost"  ~ 387 mln of dollars  (HK$3bn) , more here in the article :

http://www.coindesk.com/hong-kong-exchange-mycoin-disappears-387m-reports-claim/

nice you used quotes in the "lost 387M"
Use them is never enough

https://bitcointalk.org/index.php?topic=949959.0

No problem, but I'm not sure... it didn't affect the bitcoin price.

[Sitarow]

9:45AM EST



 






10:00AM EST

[NotLambchop]

...well...bears got a little silent now
...

Not much to say.  Lower daily lows, lower daily highs, bulls mooing moon.  Same old same old

[HarmonLi]

go home bots  you are drunk

I believe this is because Finex' trading engine is supposed to lock down pretty fast these days. The delays are said to last for minutes. People who want to cancel their orders or close their positions have to wait for minutes. It's difficult finding a reliable price with those delays. Does this sound fishy? Can't make my mind up, really...

[ChartBuddy]

Coin
Explanation

[DefendKebab]

Support on Bitfinex is only growing despite those big sells... Do we have a bullwhale here? 

It's probably fake buy support, like always on Finex.

[damiano]

This is interesting compared to yesterday.  Shorts down despite the dump

[HarmonLi]

This is interesting compared to yesterday.  Shorts down despite the dump

Huh, interesting! It really seems more and more people start to get nervous by the resilience of the price. I'm starting to believe more and more that we may only need one final flash-crash to send this thing back into bull-mode at last!

[stereotype]

I believe this is because Finex' trading engine is supposed to lock down pretty fast these days. The delays are said to last for minutes. People who want to cancel their orders or close their positions have to wait for minutes. It's difficult finding a reliable price with those delays. Does this sound fishy? Can't make my mind up, really...

The engine is knackered. A rep from Finex gets a tough time on TeamSpeak, everytime this happens. He wants it fixed just as much as the traders!

[damiano]

This is interesting compared to yesterday.  Shorts down despite the dump

Huh, interesting! It really seems more and more people start to get nervous by the resilience of the price. I'm starting to believe more and more that we may only need one final flash-crash to send this thing back into bull-mode at last!

They can barely keep the price below $220.  If it goes anywhere near 190-205 the volume is gonna be so insane and the squeeze is going to be so painful.  

[aztecminer]

This is interesting compared to yesterday.  Shorts down despite the dump

Huh, interesting! It really seems more and more people start to get nervous by the resilience of the price. I'm starting to believe more and more that we may only need one final flash-crash to send this thing back into bull-mode at last!

the buying was very strong during the 'mining dump' this morning.

[(Lithium)]

So are we going to the moon or nowhere but down

I see indicators of both situations and I'm confuse

[gkv9]

So are we going to the moon or nowhere but down

I see indicators of both situations and I'm confuse

There seems that the moon has been dragged down to the ground, so that the current base be called ^MOON^...

Don't worry, just HODL...

[ChartBuddy]

Coin
Explanation

[fonzie]

Don´t worry bulls , wall street will step in any minute now and save your sorry asses.

[Sitarow]

11:15AM EST


 

[aztecminer]

Don´t worry bulls , wall street will step in any minute now and save your sorry asses.

so i am about 3/4ths done with my bitcoin mining income tax spreadsheet and i must say that while doing this that i have learn to appreciate these trending lower bitcoin prices we had last year (since i have to pay taxes on the value of the bitcoin that i mined on that day that i mined it)... and atm is GREAT for mining ... i am WAAAAAAY into profits with my hardware. I likely won't buy any new hardware until price of bitcoin goes up (if i decide to do that). These low prices I am constantly buying new coins every day since i have not shut my miners down. i thought about it but there is a lot of disagreement that it would be a wise decision to shut them down and cutting short the mining profits during these massive low prices opportunity. and i have been buying these dips that i am in great shape to start doing some damage trading . i am not a beartard (i am more of bulltard) but i do believe that sometimes is good to let the bears have their day .

[Sitarow]

https://www.youtube.com/watch?v=LtZmr6zZCcs&feature=share

I used to be able to do the same thing in the US, deposit money in a bank account and get btc.

And he reuses the same address

Used to be able to fund my exchange acct here in Canada that way too, but banks kept closing their accounts.  Withdraw cash, cross street to their branch, deposit.  Simple.  Now it is a 10 day process (labelled 3-5 business days, but good luck with that)  And the fees are more than .027btc.   That won't even get you a coffee at Starbucks here  

It seems Cavirtex has opened up more options recently.


https://www.cavirtex.com/deposit_methods