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

[inca]

next 24h critical

No. We will go back to stable 250-275$.
This spike was caused by LTC cash-out.

Just have a look at all BTC/LTC charts.
Has nothing to do with BTC demand bought by FIAT.


The cycle was very easy:
Accumulate LTC with FIAT or BTC.
Pump LTC like shit (Ponzi in China)
Trade LTC for BTC -> increase BTC price
Sell BTC for FIAT -> drop to levels before the LTC pump

Rinse and repeat. Love that unregulated market. So many people to lose money. Thanks.

Time will tell. The bitcoin 1w chart is looking extremely bullish. Just an uptrend is enough to keep momentum buying to get us over 300 and then once we breach 300 on finex / bearstamp / btc-e things could get really exciting real quick.

[Mickeyb]

Wow what a rise! 

[Ezmoneyezlife]

next 24h critical

No. We will go back to stable 250-275$.
This spike was caused by LTC cash-out.

Just have a look at all BTC/LTC charts.
Has nothing to do with BTC demand bought by FIAT.


The cycle was very easy:
Accumulate LTC with FIAT or BTC.
Pump LTC like shit (Ponzi in China)
Trade LTC for BTC -> increase BTC price
Sell BTC for FIAT -> drop to levels before the LTC pump

Rinse and repeat. Love that unregulated market. So many people to lose money. Thanks.

Time will tell. The bitcoin 1w chart is looking extremely bullish. Just an uptrend is enough to keep momentum buying to get us over 300 and then once we breach 300 on finex / bearstamp / btc-e things could get really exciting real quick.

Wont happen unless it corrects itself to 255-260$ atleast + greece hype is almost done + blockchain spam dude. BTC will be at >300$ but not this month for sure. Most of people just havent realized yet why this willy-bot rampage happened on okgox/goxobi (LTC ponzer's cashing out).

[viboracecata]

next 24h critical

No. We will go back to stable 250-275$.
This spike was caused by LTC cash-out.

Just have a look at all BTC/LTC charts.
Has nothing to do with BTC demand bought by FIAT.


The cycle was very easy:
Accumulate LTC with FIAT or BTC.
Pump LTC like shit (Ponzi in China)
Trade LTC for BTC -> increase BTC price
Sell BTC for FIAT -> drop to levels before the LTC pump

Rinse and repeat. Love that unregulated market. So many people to lose money. Thanks.

Time will tell. The bitcoin 1w chart is looking extremely bullish. Just an uptrend is enough to keep momentum buying to get us over 300 and then once we breach 300 on finex / bearstamp / btc-e things could get really exciting real quick.

Wont happen unless it corrects itself to 255-260$ atleast + greece hype is almost done + blockchain spam dude. BTC will be at >300$ but not this month for sure.

I can't agree more

[ChartBuddy]

Coin
Explanation

[madonnino]

Oh shit, fasten your safety belts, the next stop, the moon       

[Wolf Rainer]

Oh shit, fasten your safety belts, the next stop, the moon       

OkCoin is fucked... Down.

[medialab101]

next 24h critical

No. We will go back to stable 250-275$.
This spike was caused by LTC cash-out.

Just have a look at all BTC/LTC charts.
Has nothing to do with BTC demand bought by FIAT.


The cycle was very easy:
Accumulate LTC with FIAT or BTC.
Pump LTC like shit (Ponzi in China)
Trade LTC for BTC -> increase BTC price
Sell BTC for FIAT -> drop to levels before the LTC pump

Rinse and repeat. Love that unregulated market. So many people to lose money. Thanks.

Time will tell. The bitcoin 1w chart is looking extremely bullish. Just an uptrend is enough to keep momentum buying to get us over 300 and then once we breach 300 on finex / bearstamp / btc-e things could get really exciting real quick.

Wont happen unless it corrects itself to 255-260$ atleast + greece hype is almost done + blockchain spam dude. BTC will be at >300$ but not this month for sure.

MmmK, It's at 292 on Finex with a bit of momentum still left in it. $8 and 4,300 coins are that separate us from $300. And that's not even taking the crazy Huobi market into account.

[spiderbrain]

Wow what a rise! 

I'm guessing you weren't around for 2013?

[Fatman3001]

The Litecoin market is not big enough to push Bitcoin up $15 by dropping Litecoin by $2.

this

[Asrael999]

The Litecoin market is not big enough to push Bitcoin up $15 by dropping Litecoin by $2.

this

and now we see why someone was holding the BTC price back on BTCE for as long as possible.

[Norway]

The Litecoin market is not big enough to push Bitcoin up $15 by dropping Litecoin by $2.

this

that

[Hunyadi]

LTC going down again.

[Ezmoneyezlife]

The Litecoin market is not big enough to push Bitcoin up $15 by dropping Litecoin by $2.

this

and now we see why someone was holding the BTC price back on BTCE for as long as possible.

BTC-E is not a market maker, okgox/goxobi and finex are, finex clearly showed that market makers dont plan to push price above 290$ (there would be fake walls of 15-18k being moved higher to 270-280$ in order to do that). Its just chinese retards cashing out their ponzied ltc to btc at any cost. Chill out people, shit is almost over.

[Asrael999]

The Litecoin market is not big enough to push Bitcoin up $15 by dropping Litecoin by $2.

this

and now we see why someone was holding the BTC price back on BTCE for as long as possible.

BTC-E is not a market maker, okgox/goxobi and finex are, finex clearly showed that market makers dont plan to push price above 290$ (there would be fake walls of 15-18k being moved higher to 270-280$ in order to do that). Its just chinese retards cashing out their ponzied ltc to btc at any cost. Chill out people, shit is almost over.

Only its the major "western exchange" for converting your LTC to BTC directly - without going through USD

[JayJuanGee]

The Litecoin market is not big enough to push Bitcoin up $15 by dropping Litecoin by $2.

this

and now we see why someone was holding the BTC price back on BTCE for as long as possible.

BTC-E is not a market maker, okgox/goxobi and finex are, finex clearly showed that market makers dont plan to push price above 290$ (there would be fake walls of 15-18k being moved higher to 270-280$ in order to do that). Its just chinese retards cashing out their ponzied ltc to btc at any cost. Chill out people, shit is almost over.

Lots of action, and who knows what happened on Huobi with such a price spike... nearly $400, no?... and maybe someone did really accidentally buy some coins on Huobi for way over market value?   

$300 does seem to be within reach, but I would NOT be surprised to hover in the upper $200s for a week or more.

[luckygenough56]

i would be fine with 280 for a while 

[crazy_rabbit]

The Litecoin market is not big enough to push Bitcoin up $15 by dropping Litecoin by $2.

this

and now we see why someone was holding the BTC price back on BTCE for as long as possible.

BTC-E is not a market maker, okgox/goxobi and finex are, finex clearly showed that market makers dont plan to push price above 290$ (there would be fake walls of 15-18k being moved higher to 270-280$ in order to do that). Its just chinese retards cashing out their ponzied ltc to btc at any cost. Chill out people, shit is almost over.

Lots of action, and who knows what happened on Huobi with such a price spike... nearly $400, no?... and maybe someone did really accidentally buy some coins on Huobi for way over market value?  

$300 does seem to be within reach, but I would NOT be surprised to hover in the upper $200s for a week or more.

To bad there is no real way to get your money out of those exchanges if you are a foreigner..... :-(  :-(

Not that I would really trust those exchanges as a foreigner.

[spiderbrain]

As far as the Chinese exchanges go, anyone who got their money out before 50% of stocks were suspended has fresh cash and a gambling addiction which needs to be expressed, so it's not that surprising bitcoin is getting some attention.

[luckygenough56]

so when will they finally hard fork crypto grandpa ?

it's time now !