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

[ChartBuddy]

Coin
Explanation

[1714843374]

1714843374

[1714843374]

1714843374

[1714843374]

1714843374

[1714843374]

1714843374

[1714843374]

1714843374

[Denker]

thinking of leaving bitcoin, i think there is more money to make it in the stock market

Ciao!

[DaRude]

going under 200$

Need to go under 280 first

EDIT: let's see if the ask walls are real.

Well it just went under 277.12$ - 2.36% from past 14 hours i think. This is a bad thing what is happening ?

The same thing behind every BTC move starts with "Ch", and ends with "na", oh and there's an "i" somewhere in there

[inca]

going under 200$

Need to go under 280 first

EDIT: let's see if the ask walls are real.

Well it just went under 277.12$ - 2.36% from past 14 hours i think. This is a bad thing what is happening ?

The price is falling because someone is selling it lower. No mystery. Either it bounces and the bears who have just shorted heavily get margin called or we have left the bear market but have a lot of sideways to work through.

9 dollar drop already cost in excess of 10k coins for the sellers..

[Hyperjacked]

muh buy the dip scheme

Buy Da Dips Burn Da Manips...$$$

[Elwar]

going under 200$

Need to go under 280 first

EDIT: let's see if the ask walls are real.

Well it just went under 277.12$ - 2.36% from past 14 hours i think. This is a bad thing what is happening ?

About 15,000 bitcoins have been borrowed and sold in the hopes that they can be bought back cheaper.

The only way that happens is if people believe that the lower price is due to anything and they also sell.

[TerraMaster]

Party is over till next year. BE sure to tune in, same bat channel same bat time" 

[inca]

If we bounce at 275 and hold that is still bullish..

[inca]

>10k dumped to move us down 9 dollars.

1300 coins to get back to where we were.. 

[Hyperjacked]

going under 200$

Need to go under 280 first

EDIT: let's see if the ask walls are real.

Well it just went under 277.12$ - 2.36% from past 14 hours i think. This is a bad thing what is happening ?

About 15,000 bitcoins have been borrowed and sold in the hopes that they can be bought back cheaper.

The only way that happens is if people believe that the lower price is due to anything and they also sell.

Big mistake imHo ...We have been above the Vwap line on zeroblock since 6/11 and now we are dangerously close to it at 275$! Shorts could get burned...

[TerraMaster]

Seems BTC has become a economic indicator. When there is turmoil in various stock markets or potential economy collapse, the price soars. When all is calm and steady the price falls and lays there.

It has yet to really be used for purchases for every day goods for every day households, as it was intended. Mostly its become a tool of speculation or an option to park cash in the face of economic downturns.

Maybe its that Intrinsic value thing again lol

Still optimistic though  

[Morecoin Freeman]

thinking of leaving bitcoin, i think there is more money to make it in the stock market

More volatility = more room for extensive profits.
I do not understand how anyone could not like bitcoin for this lol.

Only highly volatile crypto coin with enough liquidity to make some serious fucking money.

[inca]

The price seems to rise when NLC posts his crap.  

[Torque]

3 years of watching this market can tell you a lot of things.  I could tell just by the lack of serious volume, that this whole pump was temporary.  It was clear that a few small pocket whales (colluders?) started this whole thing, utilized the rise based on the impeding news in Greece.  

Even if it had spiked more on a Grexit vote, it would have petered out eventually as the really deep pocket Global MM whales were not involved in the least.  They have plans in the future for another 2013-like scenario, but that future is maybe not this year.  Maybe 2016 or 2017, who knows.

Trust me, when a true skyhook rally comes, it will be a completely different story.  Monothic buying volume will suddenly appear and increase over a period of 1-3 months, and the price will rise dramatically, several orders of magnitude.  This is when you know that something big is happening.  It usually precedes some large global news (e.g., think the news in Nov 2013 of the U.S. giving a green light to Bitcoin, something on that level).  And it will likely coincide with another U.S. stock market bull run.

I still think a new bull run has indeed started, although we might drift slightly down/sideways for many more months.  A great buying opportunity from here forward.

[inca]

If we drop and stay below 275 I may be concerned that this mini bull run is over. Otherwise we are just working off the exuberance of the blow off to 316.

We haven't even strayed below the bullish trendline for the latest surge.

EDIT: I think the bottom is in..going long and off for a swim.

[TerraMaster]

Its really going to suck if BTC only rises when there is a country on the brink of collapse or something.

It has got to find its way into everyday use. I think it is still very difficult for most average people to even comprehend BTC let alone, go thought the motions of actually using it to buy something. Until that hurtle is crossed I see it floundering up and down with little spikes here and there.

We all thought at one time, well when online retailers begin excepting it,,, it will go tot the moon etc. Well, many big ones do now and yet still no new demand. Others thought well, when more laws are written and it becomes legal" to use then it will moon then.. we have guidelines now....Still no impact.

The use and movement of BTC is confined to a very small select group of people. many like us in here or miners simply generating and dumping. Until that changes no one is going to get rich very fast or at all. The price will continue to be flat. There is nothing I am aware right now that would cause BTC to really go much higher than we just saw.  

[ChartBuddy]

Coin
Explanation

[lorylore]

going under 200$

Need to go under 280 first

EDIT: let's see if the ask walls are real.

Well it just went under 277.12$ - 2.36% from past 14 hours i think. This is a bad thing what is happening ?

The same thing behind every BTC move starts with "Ch", and ends with "na", oh and there's an "i" somewhere in there

Well i am trying to combine these letters, is it China?
We know china is a big country but their affects is very high

[ImI]

Its really going to suck if BTC only rises when there is a country on the brink of collapse or something.

It has got to find its way into everyday use. I think it is still very difficult for most average people to even comprehend BTC let alone, go thought the motions of actually using it to buy something. Until that hurtle is crossed I see it floundering up and down with little spikes here and there.

We all thought at one time, well when online retailers begin excepting it,,, it will go tot the moon etc. Well, many big ones do now and yet still no new demand. Others thought well, when more laws are written and it becomes legal" to use then it will moon then.. we have guidelines now....Still no impact.

The use and movement of BTC is confined to a very small select group of people. many like us in here or miners simply generating and dumping. Until that changes no one is going to get rich very fast or at all. The price will continue to be flat. There is nothing I am aware right now that would cause BTC to really go much higher than we just saw.  

-> Halving

[Fatman3001]

going under 200$

Need to go under 280 first

EDIT: let's see if the ask walls are real.

Well it just went under 277.12$ - 2.36% from past 14 hours i think. This is a bad thing what is happening ?

The same thing behind every BTC move starts with "Ch", and ends with "na", oh and there's an "i" somewhere in there

Well i am trying to combine these letters, is it China?
We know china is a big country but their affects is very high

I think it's Inca "H"(for hell). He's in Greece now, trying to stir up some hell.