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

[cyclotronmajesty]

"Only" 12K ask wall? Used to be 20K. What happened to the finex whale?

It was probably a fake wall made from borrowed coins. The person who put it up probably couldn't afford to keep paying the interest it cost to borrow that many coins and decided to return them. Alternatively he might soon put up a giant sell wall like the last time when a giant buy wall got switched to a giant sell wall.

Wow borrowing to put up a sell wall. That's gotta be a new level of pathetic.

[Lauda]

I've seen a lot of people speculate that the price will either go up or crash, but it's actually just stayed the same within a $240-$245 range most of the time.
Since most of people usually go on vacation during the summer, I wonder if the market will remain still again. I don't remember the last time that we've had action during summer. Maybe that drop from ~$100 to ~$65 in July 2013?

[ChartBuddy]

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Explanation

[rebuilder]

Eh mista! look like u no expert trader, why BTC swap on fiNex do no get up if he really borrows??? Me also scared price will drop even more :-(

That's because it's a bid wall, not an ask wall. Any swap used for it would be in USD. Now to check if the swap sum has changed today...

Edit: USD swaps have gone up by 600,000+ in the last 24 hours. It doesn't seem likely the wall was halved to save on swap interest.

[empowering]

Then all you need is a potato tower.
Maybe some of those minature cows ^^  
Hmmm minature pigs...

Can you make guinea sausages out of guinea pigs?

You could certainly try 

[ChartBuddy]

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Explanation

[Mayer Amschel]

Will EUR fall or skyrocket?

Then we know something for BTC

Grexit or none?

- Mayer Amschel

[klee]

Me looking at the price right now:




(sakujo, sakujo, sakujo, ...)

[empowering]

Will EUR fall or skyrocket?

Then we know something for BTC

Grexit or none?

- Mayer Amschel

(kicks can down the road)

[ChartBuddy]

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Explanation

[coins101]

Will EUR fall or skyrocket?

Then we know something for BTC

Grexit or none?

- Mayer Amschel

The Greek people didn't vote to be out of the Euro.

A deal will be done.

Grexit = none

[coins101]

I've seen a lot of people speculate that the price will either go up or crash, but it's actually just stayed the same within a $240-$245 range most of the time.
Since most of people usually go on vacation during the summer, I wonder if the market will remain still again. I don't remember the last time that we've had action during summer. Maybe that drop from ~$100 to ~$65 in July 2013?

Risk off while sat on the beach for two weeks sobering up from nights of non-stop drinking.

[Norway]

David Andolfatto, Vice President of Research at the Federal Reserve Bank of St. Louis, recently let it be known that bitcoin may work as a store of value:
http://www.miningpool.co.uk/st-louis-feds-david-andolfatto-bitcoin-can-be-a-store-of-value/

[ChartBuddy]

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Explanation

[LFC_Bitcoin]

David Andolfatto, Vice President of Research at the Federal Reserve Bank of St. Louis, recently let it be known that bitcoin may work as a store of value:
http://www.miningpool.co.uk/st-louis-feds-david-andolfatto-bitcoin-can-be-a-store-of-value/

Good to hear. We're hearing more & more people in high powered positions / positions of authority come out & say positive things about BTC lately. I still think we're maybe even 10 years away from absolute mainstream adoption but people biying & investing in BTC now will be rewarded in the long term.

Bitcoin & the blockchain technology is unrivalled & the price will reflect that eventually, we just need to have patience. I can wait, can you?

As for the price we're stuck in the low to mid 240's all week I think. Still a fantastic time to accumulate.

[Norway]

David Andolfatto, Vice President of Research at the Federal Reserve Bank of St. Louis, recently let it be known that bitcoin may work as a store of value:
http://www.miningpool.co.uk/st-louis-feds-david-andolfatto-bitcoin-can-be-a-store-of-value/

Good to hear. We're hearing more & more people in high powered positions / positions of authority come out & say positive things about BTC lately. I still think we're maybe even 10 years away from absolute mainstream adoption but people biying & investing in BTC now will be rewarded in the long term.

Bitcoin & the blockchain technology is unrivalled & the price will reflect that eventually, we just need to have patience. I can wait, can you?

As for the price we're stuck in the low to mid 240's all week I think. Still a fantastic time to accumulate.

I know I can wait. Hodling strong. No doubt!
(Yet, I watch the price several times per day, lol.)
EDIT: But still accumulating!

[cyclotronmajesty]

What is this Zen and the art of BTC?

How long are y'all gonna hold?

Will you still hold if it drops to 235?

[ChartBuddy]

Coin
Explanation

[Fatman3001]

What is this Zen and the art of BTC?

How long are y'all gonna hold?

Will you still hold if it drops to 235?

$5 isn't  a drop. It's just Bitcoin breathing.

[dakota neat]

we need the last true believers to sell at the lowest possible price point. paging u norway & lfc