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Question: How far will this leg take us?
$110K - 9 (8.3%)
$120K - 19 (17.6%)
$130K - 17 (15.7%)
$140K - 9 (8.3%)
$150K - 19 (17.6%)
$160K - 2 (1.9%)
$170K+ - 33 (30.6%)
Total Voters: 108

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26817586 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 1 users with 9 merit deleted.)
Sitarow
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July 12, 2015, 02:11:27 AM

hmmkay
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July 12, 2015, 02:12:14 AM

Hard for media to ignore this (combined with the half year trend). It will be fashionable to buy bitcoin again on moooonday, he he he he he ....

Big media will probably start mentioning it when we break the previous ATH, so 1100+.
Norway
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July 12, 2015, 02:12:17 AM

snip extremely nice hand crafted smiley graphics celebrating the rocket penetrating the 300 USD/BTC barrier

The wall street observer thread the best place to celebrate this
WOOT!!!

WELCOME TO THE PARTY! BRING IN THE BOOZE AND THE DONKEY!!!
shmadz
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July 12, 2015, 02:13:26 AM


stamp is the most important exchange. they have to cross 300.

Why do you consider it the most important? It's withered considerably since its hack and all that juicy leverage has enticed traders elsewhere.

The most important exchange is the one with the most liquidity. This is not the same as volume, but usually the two do go hand in hand.

As long as this is just a fakeout spike before the dump, then everything is gonna be ok.

If, however, this is a legitimate run on bitcoin, the higher price at one exchange will trigger buying at other exchanges in order to transfer for arbitrage. This type of event can expose whether an exchange is solvent or not. Chinese fake volume will not cover up a real run on bitcoin...

Speaking of which, has anyone come up with a reasonable explanation for that crazy spike on huobi, btcchina and okcoin yesterday?
(just the litecoin dump, right?)


xxxxxzzzzz
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July 12, 2015, 02:15:50 AM

punchin it punchin it punchiiiiiiiin it uuuuuup goodbye sub 300 (regardless of the uncooperative stamp and generally lagging behind btce)
ohsupgurl
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July 12, 2015, 02:17:09 AM

http://media.giphy.com/media/Zr9O0yaUmk6Yw/giphy.gif
BlindMayorBitcorn
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July 12, 2015, 02:19:23 AM

Norway
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July 12, 2015, 02:20:32 AM

Hard for media to ignore this (combined with the half year trend). It will be fashionable to buy bitcoin again on moooonday, he he he he he ....

Big media will probably start mentioning it when we break the previous ATH, so 1100+.

Wrong. Bloomberg named bicoin as one of three good investments on wednesday/thursday. They actually called it spot on. My bet is massive media on mooooonday  Wink
ImI
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July 12, 2015, 02:22:11 AM


all exchanges wait for stamp.

i would say 310 in the coming 30min
Norway
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July 12, 2015, 02:22:40 AM



Could "300" be more gay than this gif? Well... yes. The original movie, lol!  Grin
JimboToronto
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July 12, 2015, 02:23:06 AM

Wow. Sit down for a good meal and miss all the fun.

Nice to see $300 breached but methinks we're not done with the $290s just yet.

Still, it's a nice step on the long road back if for no other reason than it gets us back to where we started the year.

I think I'll enjoy a beverage. Cheers.
Norway
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July 12, 2015, 02:23:55 AM


HODL!
soullyG
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July 12, 2015, 02:24:24 AM

How are things looking on the short front? Surely we should be hitting stop losses soon?
ejinte
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July 12, 2015, 02:24:33 AM

LTC is pumping again on bitfinex.  Huh
Sitarow
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July 12, 2015, 02:25:00 AM

shmadz
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July 12, 2015, 02:25:20 AM


stamp is the most important exchange. they have to cross 300.

Why do you consider it the most important? It's withered considerably since its hack and all that juicy leverage has enticed traders elsewhere.

observation. often huobi/okcoin/finex are moving but stamp doesnt move one inch and after a short period of time they all come back to stamps price level.

finex and especially the chinese exchanges have so much meaningless trading volume that i think even after the stamp hack they are still the leaders.

edit: you see? just like this time. finex went to 308 and stamp didnt move one dollar and finex had to come back to 302$ again. stamp is still the boss.

Hmmm, what happens if stamp breaks over 300 also?
ImI
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July 12, 2015, 02:26:50 AM


stamp is the most important exchange. they have to cross 300.

Why do you consider it the most important? It's withered considerably since its hack and all that juicy leverage has enticed traders elsewhere.

observation. often huobi/okcoin/finex are moving but stamp doesnt move one inch and after a short period of time they all come back to stamps price level.

finex and especially the chinese exchanges have so much meaningless trading volume that i think even after the stamp hack they are still the leaders.

edit: you see? just like this time. finex went to 308 and stamp didnt move one dollar and finex had to come back to 302$ again. stamp is still the boss.

Hmmm, what happens if stamp breaks over 300 also?

buying frenzy to 310-320 on stamp
coinableS
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July 12, 2015, 02:27:03 AM

Dang $300 happened on a Saturday/Sunday depending on where you live. This bull run has been amazing, I keep expecting sideways or back down after 18 months of hell.  Anyways, looks like some heft resistance between here and 310 so this might be a good spot to take a breath.
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July 12, 2015, 02:28:24 AM

Nice, Yefi!!!!!

Merci  Smiley
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July 12, 2015, 02:28:44 AM

Hard for media to ignore this (combined with the half year trend). It will be fashionable to buy bitcoin again on moooonday, he he he he he ....

Big media will probably start mentioning it when we break the previous ATH, so 1100+.

Just a small correction.

Our ATH was $1200+ and not $1100+ Smiley
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