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

[findftp]

But since we all are "the market", also the trolls, I'd rather read all bullshit too to get a good feeling which direction we're heading.

I doubt that the trolls make up a sizable portion of the market.
They're trolls because they feel left out, after all

Yes, but when you notice them increasing in numbers "it might be happening".

[luckygenough56]

where is 300 

[ChartBuddy]

Coin
Explanation

[Totscha]

where is 300 

Right after 299 and before 301

[Callahan]

where is 300 

6$ more
Do you fail maths? 

[DaRude]

where is 300 

pffft where is 3000 that's what i want to know

[ChartBuddy]

Coin
Explanation

[Dump3er]

where is 300 

pffft where is 3000 that's what i want to know

32,000

[spike420211]

OK.
Both Greece and China, for the time being, appear stabilized.
Since Friday, both BTC and LTC [esp. LTC] have made noticeable rises.
Any explanations/conjectures?

Hard mode: no Trumpage LOL

[gotmilk_]

https://twitter.com/barrysilbert/status/625870687215947776

Some good paid jobs around in bitcoin ecosystem 

[ChartBuddy]

Coin
Explanation

[Erdogan]

BTC-e is still more than $10 below other USD markets. Any reasons for this? I doubt the fatfinger/flash crash has to do with it anymore as that was a while ago. Ideas?

I have been wondering about this too. Assuming they have a large portion east european customers (which may or not be the case): Bitcoin price is depressed, which is the same as the dollar price is pressed upwards (assuming we trade in the bitcoin/dollar pair), so: Some people use bitcoin to move dollars into east europe?

[inca]

BTC-e is still more than $10 below other USD markets. Any reasons for this? I doubt the fatfinger/flash crash has to do with it anymore as that was a while ago. Ideas?

I have been wondering about this too. Assuming they have a large portion east european customers (which may or not be the case): Bitcoin price is depressed, which is the same as the dollar price is pressed upwards (assuming we trade in the bitcoin/dollar pair), so: Some people use bitcoin to move dollars into east europe?

I can understand the attraction of using btc-e for I'll gotten gains and washing money.

But why with a history of flash crashes through manipulative selling anyone would trade there is beyond me. Not rolling back trades in that scenario sends the wrong signals.

A wider point is that DDOS attacks should also be made ineffectual by preventing those short selling during such attacks from profiteering by simply rolling back trades. Removing the ability to profit tends to remove such clandestine market operations.

[ChartBuddy]

Coin
Explanation

[GaliX]

OK.
Both Greece and China, for the time being, appear stabilized.
Since Friday, both BTC and LTC [esp. LTC] have made noticeable rises.
Any explanations/conjectures?

I wouldn't call this a real rise after the initial pump...

It's just ranging why do people freak out lol...

[Elwar]

BTC-e is still more than $10 below other USD markets. Any reasons for this? I doubt the fatfinger/flash crash has to do with it anymore as that was a while ago. Ideas?

Costs more money to get fiat into btc-e.

SEPA transfer: Fee:    15eur

[LFC_Bitcoin]

OK.
Both Greece and China, for the time being, appear stabilized.
Since Friday, both BTC and LTC [esp. LTC] have made noticeable rises.
Any explanations/conjectures?

I wouldn't call this a real rise after the initial pump...

It's just ranging why do people freak out lol...

People like to see green candles rather than red ones I guess. This is certainly no cause for major optimism but going up is always preferable to going down. I think we'll coast between 275 & 310 for quite a while until we get a real trigger/reason for movement. This is all just posturing at the moment, testing the water.

[JayJuanGee]

OK.
Both Greece and China, for the time being, appear stabilized.
Since Friday, both BTC and LTC [esp. LTC] have made noticeable rises.
Any explanations/conjectures?

I wouldn't call this a real rise after the initial pump...

It's just ranging why do people freak out lol...

People like to see green candles rather than red ones I guess. This is certainly no cause for major optimism but going up is always preferable to going down. I think we'll coast between 275 & 310 for quite a while until we get a real trigger/reason for movement. This is all just posturing at the moment, testing the water.

Yes, seems like it's gonna be fairly difficult to bring the price below $270-ish.... .. so then, putting money in during these price points seems a fairly safe-haven for accumulating while preserving some value.  In other words, the odds seem pretty good that there is a lot more likely upward rather than downward BTC price direction.

 

ONE of the problems in Bitcoinlandia is NEVER say never.... regarding either the upside or the downside pushes that could occur.

[ChartBuddy]

Coin
Explanation

[GaliX]

man there is no real price action for such a long time now, beside the pump to 315$ we had recently... mhh...