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

[GaliX]

okcoin china is broken. be careful with longs here. Could dump it nobody can put orders on it over there.

[damiano]

okcoin china is broken. be careful with longs here. Could dump it nobody can put orders on it over there.

Working fine for me

[ChartBuddy]

Coin
Explanation

[GaliX]

okcoin china is broken. be careful with longs here. Could dump it nobody can put orders on it over there.

Working fine for me

can you place orders? I heard people can't put orders on.

[damiano]

okcoin china is broken. be careful with longs here. Could dump it nobody can put orders on it over there.

Working fine for me

can you place orders? I heard people can't put orders on.

Using iOS app with no issues

[NotHatinJustTrollin]

So, when price pumps short term after still being 70% or whatever since ATH the bulls start insulting the "beartrolls" and laugh at them.
Pretty sure you have done that at every spike during the bearmarket before another drop to a new low eventually. Not sure tho, can't remember well.

Bitcoin not going up yet,nowheres but down, folks.

It sure is plummeting hard.  

The recent "moon":





Looks like a musical chairs speculative instrument very useful and amazing revolutionary payment system  

[DaRude]

Someone is surely buying up lots of coins

[Sitarow]

Going to leave this here



What would you do?

Source.

WOW... People are deleting their troll posts like crazy....

[billyjoeallen]

Bitcoin not going up yet,nowheres but down, folks.

https://www.youtube.com/watch?v=KThlYHfIVa8

[inca]

NLC seems to have gone disappeared..

[JimboToronto]

So, when price pumps short term after still being 70% or whatever since ATH the bulls start insulting the "beartrolls" and laugh at them.
Pretty sure you have done that at every spike during the bearmarket before another drop to a new low eventually. Not sure tho, can't remember well.

Actually, I've been laughing at the bear trolls since the price was in double digits, regardless of whether it is temporarily going up or down.

Short term (last 5 days), the price is up. Long term (last 5 years), the price is way up.

Only in the medium term is it down.

[JimboToronto]

NLC seems to have gone disappeared..

Gone home?



 

[NotHatinJustTrollin]

So, when price pumps short term after still being 70% or whatever since ATH the bulls start insulting the "beartrolls" and laugh at them.
Pretty sure you have done that at every spike during the bearmarket before another drop to a new low eventually. Not sure tho, can't remember well.

Actually, I've been laughing at the bear trolls since the price was in double digits, regardless of whether it is temporarily going up or down.

Short term (last 5 days), the price is up. Long term (last 5 years), the price is way up.

Only in the medium term is it down.

Some of what you call "beartrolls" have simply been saying that bitcoin is a bubble, and by looking at the all time linear chart (the log one is perfect to mislead who can't read a chart) they are more right than wrong so far.
What you are saying is that bitcoin price could go to double or single digits and we shouldn't worry because it started trading in the $0.1-$1 range so it would still be a long term uptrend?

[LFC_Bitcoin]

Is this little pump over the last few days based on any good news?

Or have weak hands finally been shaken out and more people are beginning to HODL?

[damiano]

Is this little pump over the last few days based on any good news?

Or have weak hands finally been shaken out and more people are beginning to HODL?

The price has been suppressed for weeks along with failed attempts to take us below 210

[Wandererfromthenorth]

Is this little pump over the last few days based on any good news?

Or have weak hands finally been shaken out and more people are beginning to HODL?

It's a (short term) technical breakout (out of the bitstamp pennant) so it means price is pumping at least for a while. It's not a mistery. Doesn't have to do with news.
It could be already over or could still go a little bit higher. It it goes higher next target is probably $275 or something.

Long term still looks bearish to me.

[inca]

I have my eyes on 285 territory. I doubt we get there for a bit though. If we bust through that with high volume then things should get exciting for the next few months

[600watt]

we are on the way up to 370, if not 400...  

[Morecoin Freeman]

Is this little pump over the last few days based on any good news?

Or have weak hands finally been shaken out and more people are beginning to HODL?

It's a (short term) technical breakout (out of the bitstamp pennant) so it means price is pumping at least for a while. It's not a mistery. Doesn't have to do with news.
It could be already over or could still go a little bit higher. It it goes higher next target is probably $275 or something.

Long term still looks bearish to me.

Are you going to short this pump?

[billyjoeallen]

Is this little pump over the last few days based on any good news?

Or have weak hands finally been shaken out and more people are beginning to HODL?

We buy because we anticipate selling at a small profit soon or a large profit eventually. This is the short squeeze of the FPR pattern.