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

[Afrikoin]

http://www.washingtonpost.com/blogs/wonkblog/wp/2015/06/08/bitcoin-isnt-the-future-of-money-its-either-a-ponzi-scheme-or-a-pyramid-scheme/

[Hunyadi]

Huge ask walls at Finex... 

Fake walls from shorters.

5k BTC to $230, 11k BTC to $240 ... Even if they are fake, it shows just how much BTC there potentially are left for shorting. Not unlike the cold war, I guess

Bid side disappeared just before those walls were erected  

[derpinheimer]

Huge ask walls at Finex... 

Fake walls from shorters.

That sounds like bogus - no new shorts opened, so they'd have to have been holding on to these with interest for a long ass time. That isn't rational.
PS - >6k shorts already closed today - and that moved the price up a few bucks. Now we're seeing a 5.5k~ ask wall.

[Hunyadi]

Huge ask walls at Finex... 

Fake walls from shorters.

5k BTC to $230, 11k BTC to $240 ... Even if they are fake, it shows just how much BTC there potentially are left for shorting. Not unlike the cold war, I guess

Bid side disappeared just before those walls were erected  

12.5k BTC to $240...

[ChartBuddy]

Coin
Explanation

[Hunyadi]

Huge ask walls at Finex... 

Fake walls from shorters.

5k BTC to $230, 11k BTC to $240 ... Even if they are fake, it shows just how much BTC there potentially are left for shorting. Not unlike the cold war, I guess

Bid side disappeared just before those walls were erected  

12.5k BTC to $240...

14k BTC to $240...they are flexing 

[Hunyadi]

Now "just" 10kk to $240 

[publicjud]

Market maker is killing the market. Nothing new here.

So stupid why do people even follow the market maker?  If I had the funds, I'd call his bluff and screw him.

[derpinheimer]

jebus, now its a 10k ask wall

[DutchTrades]

Okay.. Bid and ask changed sides.. Well, at least someone has some big expectations of how high it can go

[inca]

Hilarious bid walls.

[derpinheimer]

Wall tested and mostly pulled 

[ChartBuddy]

Coin
Explanation

[Fakhoury]

It seems that we will hit the $230 today.

Where are you LFC and Norway ?

I wanna party mates

[LFC_Bitcoin]

It seems that we will hit the $230 today.

Where are you LFC and Norway ?

I wanna party mates

Just got back home mate, I'm supposed to buy tomorrow as I have a bit of money coming into the bank tomorrow.
I might have to buy on my credit card in a bit & then pay it off with the cash I receive tomorrow as I don't want to end up paying 10-20 dollars more for a couple of coins tomorrow.

So is 'this thang' going to go off the chain tonight, 240 seems a realistic target by midnight, about time we had a bit of a break upwards, when is it appropriate to start posting rockets & trains?

[ssmc2]

http://www.washingtonpost.com/blogs/wonkblog/wp/2015/06/08/bitcoin-isnt-the-future-of-money-its-either-a-ponzi-scheme-or-a-pyramid-scheme/

Lol so much fail in that article.

[knight22]

http://www.washingtonpost.com/blogs/wonkblog/wp/2015/06/08/bitcoin-isnt-the-future-of-money-its-either-a-ponzi-scheme-or-a-pyramid-scheme/

Apparently this journalist is stuck in 2011.

[Norway]

It seems that we will hit the $230 today.

Where are you LFC and Norway ?

I wanna party mates

Just got back home mate, I'm supposed to buy tomorrow as I have a bit of money coming into the bank tomorrow.
I might have to buy on my credit card in a bit & then pay it off with the cash I receive tomorrow as I don't want to end up paying 10-20 dollars more for a couple of coins tomorrow.

So is 'this thang' going to go off the chain tonight, 240 seems a realistic target by midnight, about time we had a bit of a break upwards, when is it appropriate to start posting rockets & trains?

I'm not getting money for bitcoin until wednesday. But I don't care. Because EVERYTHING BELOW 3k USD PER BTC IS A CRAZY BARGAIN! 

[ChartBuddy]

Coin
Explanation

[Hunyadi]

Bid walls up, ask walls down. 4.6k to $240.