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

[Fatman3001]

Bitcoin-Based Settlement Systems Coming to Wall Street

http://btcgeek.com/bitcoin-settlement-systems/

Bullish ?

... as fuck!

[ChartBuddy]

Coin
Explanation

[Fatman3001]

Most epic stock crash movie coming in your cinema!
http://www.bloomberg.com/news/articles/2015-06-14/china-s-stock-market-value-exceeds-10-trillion-for-first-time

Outside of China, investors aren’t showing the same enthusiasm toward the nation’s equities. Funds pulled a net $6.8 billion out of Chinese stock funds in the seven days through Wednesday, Barclays Plc. said in a research note, citing EPFR Global data. Dual-listed Chinese shares cost more than twice as much on average on mainland exchanges than they do in Hong Kong.

China has a habit of using pretty crude methods to regulate its economy. When there was a surplus of aluminium being produced, they simply told the banks to stop lending money to aluminium producers. If they are going to adopt a similar ham-fisted approach to the stock market, this thing is gonna get mushroomy

[klee]

Big selling pressure at Bearstamp

[LFC_Bitcoin]

Bitcoin-Based Settlement Systems Coming to Wall Street

http://btcgeek.com/bitcoin-settlement-systems/

Bullish ?

Is this definite? Good news if true, I sense a slight (very slight) change in the bitcoin atmosphere lately, negative news seems to be subsiding. We seem to be beginning to see a change in sentiment, positive news has begun to seep in.
The price is up, admittedly only a few dollars but I have a feeling (I may be wrong) that things are on the up, would be nice to get over 240 by the end of the coming week, maybe even 250 as a semi realistic target. Doesn't look like we're going to go sub 200 after all.

[Fatman3001]

Stamp really needs to increase their liquidity on bid side... 100 btc sell moves the market for 1.5$   A bit impossible to trade there atm.

Most epic stock crash movie coming in your cinema!
http://www.bloomberg.com/news/articles/2015-06-14/china-s-stock-market-value-exceeds-10-trillion-for-first-time

Outside of China, investors aren’t showing the same enthusiasm toward the nation’s equities. Funds pulled a net $6.8 billion out of Chinese stock funds in the seven days through Wednesday, Barclays Plc. said in a research note, citing EPFR Global data. Dual-listed Chinese shares cost more than twice as much on average on mainland exchanges than they do in Hong Kong.

China has a habit of using pretty crude methods to regulate its economy. When there was a surplus of aluminium being produced they simply told the banks to stop lending money to aluminium producers. If they are going to adopt a similar ham-fisted approach to the stock market, this thing is gonna get mushroomy

In this case, the problem is that banks and other big investors are already taking their money out so those small fishes who are taking loans for investments will stay alone. Big players won't re-buy at those prices... They will short the market as hell when they smell the blood.

Assuming the authorities don't intervene, in which case the aftermath is going to be even bloodier.

[DutchTrades]

That bidwall... man, havent seen that for a while!

[Fatman3001]

That bidwall... man, havent seen that for a while!

Looks like something from The Perfect Storm.

[JayJuanGee]

Bitcoin-Based Settlement Systems Coming to Wall Street

http://btcgeek.com/bitcoin-settlement-systems/

Bullish ?

Is this definite? Good news if true, I sense a slight (very slight) change in the bitcoin atmosphere lately, negative news seems to be subsiding. We seem to be beginning to see a change in sentiment, positive news has begun to seep in.
The price is up, admittedly only a few dollars but I have a feeling (I may be wrong) that things are on the up, would be nice to get over 240 by the end of the coming week, maybe even 250 as a semi realistic target. Doesn't look like we're going to go sub 200 after all.

LFC  - you took the words right out of my mouth.... That is almost exactly what I am thinking....

[DutchTrades]

That bidwall... man, havent seen that for a while!

Looks like something from The Perfect Storm.

Where we are the storm chasers

[LFC_Bitcoin]

That bidwall... man, havent seen that for a while!

Looks like something from The Perfect Storm.

Where we are the storm chasers

Not sure, I've been buying lots whilst the weather was quiet & calm
I'm going to enjoy watching the storm, safe & happy in the warm, looking on at the people chasing the storm he he
I wonder if we'll have an epic Sunday night price battle like the good old days, would be nice to see a bit of excitement around here for a change.

LFC  - you took the words right out of my mouth.... That is almost exactly what I am thinking....

Good man Jay 

[ChartBuddy]

Coin
Explanation

[kaykawa]

here we go again, prepare your wallets

[vrzo]

BTC rallies: 2011 2013 2015. The last one hasn't arrived yet but why wouldn't?

[BlindMayorBitcorn]

Nice chart. Buying now at $2xx might be the best buying opportunity in next 4-5 years.

[MonkeyCoin11]

Ready for dump ?

[vrzo]

I never saw 18k bids on BitcoinWisdom/Finex

[Fatman3001]

Nice chart. Buying now at $2xx might be the best buying opportunity in next 4-5 years.

I see. So pure win and kittens are just words for you? You disappoint me.

[Alley]

I'm going to start watching the DOW more closely.  It's due for a correction downwards and could start a btc rally.

[BlindMayorBitcorn]

Nice chart. Buying now at $2xx might be the best buying opportunity in next 4-5 years.

I see. So pure win and kittens are just words for you? You disappoint me.

Bullish trolls are just as dangerous as the other kind. I stand by my cynical meme.