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

[JorgeStolfi]

A descriptive sum-of-bubbles model for the price of bitcoin
https://bitcointalk.org/index.php?topic=1034430.msg11160620#msg11160620


[ Click on the image for a full-size version ]

[ChartBuddy]

Coin
Explanation

[Cassius]

Nothing is more funny to a bull than the OKcoin bear that got margin called today for 31,000 BTC/3 million dollars. His wife is gonna kill him.

You need to have some guts to go 10x leverage with $3 mill tho, gotta give him that.

Does that mean he lost $3m?

[Fatman3001]

Nothing is more funny to a bull than the OKcoin bear that got margin called today for 31,000 BTC/3 million dollars. His wife is gonna kill him.

You need to have some guts to go 10x leverage with $3 mill tho, gotta give him that.

Does that mean he lost $3m?

Funny thing is, imagine all those who got all their low bids filled because of his margin call only to see it shoot up $10 a second later.

[Cassius]

Nothing is more funny to a bull than the OKcoin bear that got margin called today for 31,000 BTC/3 million dollars. His wife is gonna kill him.

You need to have some guts to go 10x leverage with $3 mill tho, gotta give him that.

Does that mean he lost $3m?

Funny thing is, imagine all those who got all their low bids filled because of his margin call only to see it shoot up $10 a second later.

So it has the effect of clearing the order books in both directions?

[8up]

After "staircasing" down for quite a while, we are now "staircasing" up. I guess we will see 260-270 before we go down again.

If you can not see the stability in the market you must be blinded, either by bull or by bear phantasies.

[Fatman3001]

looks like neither long nor short swaps moved on finex

[ChartBuddy]

Coin
Explanation

[Fatman3001]

China pushing up to 237. Finex, BTC-E and Bitstamp not moving at all.

[BayAreaCoins]

China pushing up to 237. Finex, BTC-E and Bitstamp not moving at all.

Coinbase exchange is staying over OKcoin spot price at the moment.

[Fatman3001]

China pushing up to 237. Finex, BTC-E and Bitstamp not moving at all.

Coinbase exchange is staying over OKcoin spot price at the moment.

Sweet, then the others will probably creep up too.

[LFC_Bitcoin]

Price movement is all a bit tedious until we get some news on the Winkle ETF, Gemini Exchange, BIT Exchange, NYC Bitlicense.
Too easy for whales to manipulate the price atm.

They won't be able to do anything about it once the above things are approved/regulated.

[empowering]

Wow... my face and eyes and head and mind and teeth all hurt.... I have had a party on my phone, I have woken up next to a moody stranger (quite hot though)

I am hiding under the covers,  and scared of the daylight...

Oh wow I had a party on here last night...sold a few coins... And cancelled some sell orders, and tightened up the stops... This party will be green one way or other.

S'all good... Good monkey.

Anyway, I feel like shyte,  I am going to find something to make me feel more human... Shower,  coffee,  and ermm yeah...  I don't suppose I told anyone her name?

I cannot think or comment right now...

You guys are my brain for the next half a day,  at least 😀😀 well , you guys, a bunch of alarms , stops and orders.

Shall have coffee.

I feel like death...

I am too old for shot races.

Oh fuck..... I can smell fooooooooooooooood.

You might not get much sense out of me tbh for a good few days.

Ps, wow my posts last night. Ha ha. I was really on one...
I am just going to go ahead and delete those.

Pps OUCH! Like a fool, I did not listen to the suggestions for water last night,  and one really should not be that smashed and in charge of finex accounts. No major damage done.

BRING ME MY DOOOoo BREAKFAST

Looking forward to more alarms.

 

[ChartBuddy]

Coin
Explanation

[RookieMonster]

Nothing is more funny to a bull than the OKcoin bear that got margin called today for 31,000 BTC/3 million dollars. His wife is gonna kill him.

No kidding, this guy was slaughtered on the alter of doom and it was a major shot across the bow of the bearmobile. If it can happen to this guy, it could happen to anyone.

Very true. Too many people been getting fat for far too long just betting the fall will continue. Well a year and a half is a long time.

I hope this can be a lesson for the rest of them

It's become easy money and that makes people careless which is likely what's going on here. I wonder if him or her has done a similar thing before and it's just been fine so they were feeling much to secure (and they were likely asleep!)

[JayJuanGee]

China pushing up to 237. Finex, BTC-E and Bitstamp not moving at all.

Coinbase exchange is staying over OKcoin spot price at the moment.

Sweet, then the others will probably creep up too.

Creep up, but for how long will it last.  BTC prices have had a tough time in the past 6 months or so.  Surely, we need to see some creeping back into the $300 and $400 territories... and really, $500 or $600 seems to be a much more reasonable ongoing value for the next year or so... though I probably would NOT even be content with that in order to get some meaningful market cap for BTC to be in the 10s of billions rather than in the lower single digits of billions.

[Fatman3001]

China pushing up to 237. Finex, BTC-E and Bitstamp not moving at all.

Coinbase exchange is staying over OKcoin spot price at the moment.

Sweet, then the others will probably creep up too.

Creep up, but for how long will it last.  BTC prices have had a tough time in the past 6 months or so.  Surely, we need to see some creeping back into the $300 and $400 territories... and really, $500 or $600 seems to be a much more reasonable ongoing value for the next year or so... though I probably would NOT even be content with that in order to get some meaningful market cap for BTC to be in the 10s of billions rather than in the lower single digits of billions.

It all depends on what kind of headway it makes in the months to come. If it  finds some convincing mainstream usage we can kiss the sub thousands goodbye before the year is up.

[Brewins]

Coin
Explanation

And suddenly Coinbase is back to normal.

Still wondering why so big orderbook in the last days

[minerpumpkin]

China pushing up to 237. Finex, BTC-E and Bitstamp not moving at all.

Coinbase exchange is staying over OKcoin spot price at the moment.

Sweet, then the others will probably creep up too.

Creep up, but for how long will it last.  BTC prices have had a tough time in the past 6 months or so.  Surely, we need to see some creeping back into the $300 and $400 territories... and really, $500 or $600 seems to be a much more reasonable ongoing value for the next year or so... though I probably would NOT even be content with that in order to get some meaningful market cap for BTC to be in the 10s of billions rather than in the lower single digits of billions.

It all depends on what kind of headway it makes in the months to come. If it  finds some convincing mainstream usage we can kiss the sub thousands goodbye before the year is up.

How do you define 'mainstream usage'? I think many people are still hoping their dreams of paying for their coffee at every plain old coffee shop becomes true - I don't think Bitcoin was made for that, it actually makes things more complicated when paying for your coffee or beer.

[Fatman3001]

China pushing up to 237. Finex, BTC-E and Bitstamp not moving at all.

Coinbase exchange is staying over OKcoin spot price at the moment.

Sweet, then the others will probably creep up too.

Creep up, but for how long will it last.  BTC prices have had a tough time in the past 6 months or so.  Surely, we need to see some creeping back into the $300 and $400 territories... and really, $500 or $600 seems to be a much more reasonable ongoing value for the next year or so... though I probably would NOT even be content with that in order to get some meaningful market cap for BTC to be in the 10s of billions rather than in the lower single digits of billions.

It all depends on what kind of headway it makes in the months to come. If it  finds some convincing mainstream usage we can kiss the sub thousands goodbye before the year is up.

How do you define 'mainstream usage'? I think many people are still hoping their dreams of paying for their coffee at every plain old coffee shop becomes true - I don't think Bitcoin was made for that, it actually makes things more complicated when paying for your coffee or beer.

TBH I have a feeling BTC could make headway in purchase of digital content by under 18s.