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

[BlackSpidy]

I we keep going up at the average rate for these two months, ^{times the percentage... Carry the one...} We're gonna be at about $600 by may 9th. I hope that's not wishful thinking, but I feel it is.

[damiano]

I don't think 300 is coming tonight

[ChartBuddy]

Coin
Explanation

[noobtrader]

If only Finex was still linked to Stamp...
or
If only the seller on Stamp was smart enough to sell on Finex...

if only buyer in finex was buying in stamp 

ever wonder why that is?

it's like they don't believe the coins for sale on the swamp really exist or something .... gee I wonder?

u mean will stamp get stampeded ? if that the case than bitcorn price will be back to 233.

[12345mm]

I don't think 300 is coming tonight

think you're right ... though the difference between 297-298-299 and 300 is somewhat negligible ... so ... it looks like everyone wanting to sell at 300 took 297-298-299 as close enough and prevented the hop past 300 ... real question now is can we stay above 290 for long enough for the push past 300 to be within easy reach and occur , or will we go back below 290 or worse ... basically do people think this is the near term top and we push down or are enough people still optimistic we go past 300 ? ... hard to say ... if we move past 300 we stay past 300 is my call ... and that looks more likely than not ...

[coinableS]

I don't think 300 is coming tonight

Agreed. We are at the upper resistance levels of the latest bull trend.

[billyjoeallen]

I don't think 300 is coming tonight

I'm thinking maybe tomorrow or Wednesday.

[byronbb]

Wow, how is the finex price 7 dollar higher than stamp. Never seen it being higher than 2$ before . 7$ is a big opportunity for arbitraging

Because someone has plunked a 7k wall up to $300 on stamp.

[billyjoeallen]

Wow, how is the finex price 7 dollar higher than stamp. Never seen it being higher than 2$ before . 7$ is a big opportunity for arbitraging

Because someone has plunked a 7k wall up to $300 on stamp.

Whoever it is is not a sophisticated trader or he would have walls on multiple exchanges. losing $5/coin selling on Stamp is costing him at least $35,000 for that wall.

[empowering]

Wow, how is the finex price 7 dollar higher than stamp. Never seen it being higher than 2$ before . 7$ is a big opportunity for arbitraging

Because someone has plunked a 7k wall up to $300 on stamp.

Whoever it is is not a sophisticated trader or he would have walls on multiple exchanges. losing $5/coin selling on Stamp is costing him at least $35,000 for that wall.

All depends on his motivation

[chriswen]

I think okcoin.com 's future market is a lot better.  Much more liquid and has much higher volume.

[ChartBuddy]

Coin
Explanation

[byronbb]

Wow, how is the finex price 7 dollar higher than stamp. Never seen it being higher than 2$ before . 7$ is a big opportunity for arbitraging

Because someone has plunked a 7k wall up to $300 on stamp.

Whoever it is is not a sophisticated trader or he would have walls on multiple exchanges. losing $5/coin selling on Stamp is costing him at least $35,000 for that wall.

Who knows. Maybe a whale trader knows no one on Stamp has that kind of one-off buying power and wanted to slow the choo choo train?

[damiano]

Buying support is also slowly being taken away

[mladen00]

today is good day to break 300...

500 before summer?

[electerium]

Wow, how is the finex price 7 dollar higher than stamp. Never seen it being higher than 2$ before . 7$ is a big opportunity for arbitraging

Because someone has plunked a 7k wall up to $300 on stamp.

Whoever it is is not a sophisticated trader or he would have walls on multiple exchanges. losing $5/coin selling on Stamp is costing him at least $35,000 for that wall.

only makes sense if that 1 person(s) are trying to buy all the coins on finex/china and just using stamp to keep the price under 300$ knowing that they have the lowest volume and it takes 24hr to wire money onto the site.

I think it's within the realm of possibility just examining the orderbook and how staggered the walls are at 296$+ on stamp.


But thats easily a many many million dollar operation. If someone wanted to buy millions of coins cheaply, they couldve just entered the auction themselves/

also stamp hasnt broken $294 so none of those walls have been touched.

[byronbb]

Wow, how is the finex price 7 dollar higher than stamp. Never seen it being higher than 2$ before . 7$ is a big opportunity for arbitraging

Because someone has plunked a 7k wall up to $300 on stamp.

Whoever it is is not a sophisticated trader or he would have walls on multiple exchanges. losing $5/coin selling on Stamp is costing him at least $35,000 for that wall.

only makes sense if that 1 person(s) are trying to buy all the coins on finex/china and just using stamp to keep the price under 300$ knowing that they have the lowest volume and it takes 24hr to wire money onto the site.

I think it's within the realm of possibility just examining the orderbook and how staggered the walls are at 296$+ on stamp.


But thats easily a many many million dollar operation. If someone wanted to buy millions of coins cheaply, they couldve just entered the auction themselves/

also stamp hasnt broken $294 so none of those walls have been touched.

Ya or its a way to spring the market. If he suddenly pulled the wall we'd go over 300 easily.

[JayJuanGee]

300 is definitely a psychological barrier. It's going to take some good news to crack 300.

I can see the slow momentum.......

and really since early January, the price has not really been that close to $300... only one time peaking above $300... otherwise, largely staying below $280...


So this lingering in the $290s is NOT a bad thing to be experiencing at the moment...

[ChartBuddy]

Coin
Explanation

[simmo77]

today is good day to break 300...

500 before summer?

Which hemisphere?