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

[ChartBuddy]

Coin
Explanation

[Mayer Amschel]

Correct, it is a slow build up from now one. The Bears are slowly transforming into Bulls!

- Mayer Amschel

[JorgeStolfi]

I think anyone who thinks that "wall street' wants to buy bitcoin because Moon need to keep the above in mind. As long as there is enough volatility and volume, they will make money, much the same way as any disinterested day trader can ( and has) made money on the weekly 240 - 220 cycles we see every week.

Most of the trade volume at the big Chinese exchanges is probably robot trading.   However, are the robot owners "wall street", or just individual day-traders who code their own robots?  Is the liquidity there sufficient for "wall street" to be interested?

I would think that the Western exchanges like Bitstamp have so little liquidity and so much spread that not even "cottage robots" would find them worth the trouble.  Is that so?

[Fatman3001]

You ignore Chartbuddy?

I consider Richy_T's bot to be perhaps the most valuable poster here.

To group it in with a bunch of trolls is unfair IMHO.

Don't anthropomorphize bots. They don't like it
 
Ignoring somebody is not value statement or token of (un)appreciation, but matter of convenience. When I want to look at Chartbuddy, i do.

exactly! When i want to read dull posts about coffee, i do.

hence ignoring jimbo for a while - minimizing the pointlessness makes for a  brighter day, always!

With superior posts like that, who could argue with you?

[ChartBuddy]

Coin
Explanation

[diodio1]

Coin
Explanation

seems like go down to 230 and then back to 241 , last month branch

[AizenSou]

I think anyone who thinks that "wall street' wants to buy bitcoin because Moon need to keep the above in mind. As long as there is enough volatility and volume, they will make money, much the same way as any disinterested day trader can ( and has) made money on the weekly 240 - 220 cycles we see every week.

Most of the trade volume at the big Chinese exchanges is probably robot trading.   However, are the robot owners "wall street", or just individual day-traders who code their own robots?  Is the liquidity there sufficient for "wall street" to be interested?

I would think that the Western exchanges like Bitstamp have so little liquidity and so much spread that not even "cottage robots" would find them worth the trouble.  Is that so?

Jorge's troll posts don't make me laugh anymore
Need more BTC at cheap price I guess. Jorge you should work harder to FUD, seriously

[Fatman3001]

I think anyone who thinks that "wall street' wants to buy bitcoin because Moon need to keep the above in mind. As long as there is enough volatility and volume, they will make money, much the same way as any disinterested day trader can ( and has) made money on the weekly 240 - 220 cycles we see every week.

Most of the trade volume at the big Chinese exchanges is probably robot trading.   However, are the robot owners "wall street", or just individual day-traders who code their own robots?  Is the liquidity there sufficient for "wall street" to be interested?

I would think that the Western exchanges like Bitstamp have so little liquidity and so much spread that not even "cottage robots" would find them worth the trouble.  Is that so?

Jorge's troll posts don't make me laugh anymore
Need more BTC at cheap price I guess. Jorge you should work harder to FUD, seriously

That's a fairly obvious fishing post, although, as you say, not as colourful as before. He's expecting some well-intentioned nerd to respond, only to bombard him/her with text. And as nerds we keep entertaining him. If only they could ban him.

[(Lithium)]

Coin
Explanation

seems like go down to 230 and then back to 241 , last month branch

weekends now are pump time, not dump time, like used to be somewhere in the past

[Bagatell]

And as nerds we keep entertaining him. 

Feeding him. Please don't.

[inca]

Order book on finex looking very bullish (though often a mirage). Shorts at 27700. Longs over 25 million.

I get the feeling the market is waiting for something. Perhaps if this 5000BTC bid goes through we will see some real heavy buying on exchange.

We are at an interesting inflection point. Interest in bitcoin is very low and the price is low. But at the very end of a bear market this is how it should be. Traders are shorting something they think has no future to extreme levels. But the price fails to go down any further. And just in the distance the technicals may be about to blossom. I suspect the bull will be reawakening soon and the opportunity to buy in at 235 will have been squandered by many.

[ChartBuddy]

Coin
Explanation

[Fatman3001]

Order book on finex looking very bullish (though often a mirage). Shorts at 27700. Longs over 25 million.

I get the feeling the market is waiting for something. Perhaps if this 5000BTC bid goes through we will see some real heavy buying on exchange.

We are at an interesting inflection point. Interest in bitcoin is very low and the price is low. But at the very end of a bear market this is how it should be. Traders are shorting something they think has no future to extreme levels. But the price fails to go down any further. And just in the distance the technicals may be about to blossom. I suspect the bull will be reawakening soon and the opportunity to buy in at 235 will have been squandered by many.

I agree. I think that if you believe in the potential of Bitcoin, anything below 500 is cheap as chips. If you don't, you shouldn't buy in at any point.

In any event, all this moaning about wanting cheaper coins is pretty daft. Wether you buy in at 200 or 300 isn't going to matter that much. But if you wait until everyone else sees the light at 5000 you're gonna feel mighty stupid.

[(Lithium)]

May someone just buy 5k coins somewhere and start a pump, please?

[Fatman3001]

May someone just buy 5k coins somewhere and start a pump, please?

+1

[TakeTheSkyRoad]

May someone just buy 5k coins somewhere and start a pump, please?

+1

+2

[TakeTheSkyRoad]

Anyone else watching the GBTC trading ?

Looks like the volume so far today is 435 shares, over half of yesterday's volume already and it's only just opened for the day.
As far as I know some can be posted overnight and then actioned first thing in the morning so this could be it.

Can anyone else confirm this ?

[ChartBuddy]

Coin
Explanation

[Kupsi]

Anyone else watching the GBTC trading ?

Looks like the volume so far today is 435 shares, over half of yesterday's volume already and it's only just opened for the day.
As far as I know some can be posted overnight and then actioned first thing in the morning so this could be it.

Can anyone else confirm this ?

That is yesterdays number. I believe the market opens in 1.5 hour.

[TakeTheSkyRoad]

Anyone else watching the GBTC trading ?

Looks like the volume so far today is 435 shares, over half of yesterday's volume already and it's only just opened for the day.
As far as I know some can be posted overnight and then actioned first thing in the morning so this could be it.

Can anyone else confirm this ?

That is yesterdays number. I believe the market opens in 1.5 hour.

Ok, thanks that makes sense.