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

[aztecminer]

Why is it going up now? 

lol.. what happened ?? can't get any cheap coins anymore ?? ........... answer: anti-gravity happened .

obviously i could be wrong, and manipulators tend to move opposite of the predictors to spite them (probably not this time though) ... but i think you won't see less than 275 anytime soon.

[ChartBuddy]

Coin
Explanation

[aztecminer]

Why is it going up now? 

Are we looking at the same chart? Its still mostly sideways until the current triangle closes. But on the other hand i expect sudden movements again on the weekend - the same way like in the last few weeks.

Well I've just noticed weekends usually don't change the trend, but instead amplify it.

in the past prices went down on the weekends and rised up mondays when chinese woke up

and then coinbase exchange happened ..

[aztecminer]

Ignore the trolls who are desperate for the price to fall.

Unless we break 270 this is just noise.

'Wall of worry'

I have a feeling we'll go into the 290-300 range next week, don't ask me why, my hunch is based on nothing solid. It just feels every time the price deteriorates a little bit & the troll presence here grows we start a little move up. I expect us to reach 290 next week. We'll see if I'm right soon.

hhmmmm.. helping the trolls to fud the market this morning . bitcoin is a pet digit.. total useless . .. lol. bitcoins “could soon get very boring” and a “repeat of that trend would leave"  bitcoins "at around $280 per coin in 2035.”.

[Theano]

if you guys really think ETH is overpriced you can actually short sell it on Kraken... good Luck

[ImI]

if you guys really think ETH is overpriced you can actually short sell it on Kraken... good Luck

with a marketcap of 250mio, it could very well be overpriced. 125mio would still be reasonable in such an early stage.

[dakota neat]

i predict eth will be dumped to shit within weeks. than we will see how strong the community is.

[adamstgBit]

300$ / BTC

[ChartBuddy]

Coin
Explanation

[dreamspark]

if you guys really think ETH is overpriced you can actually short sell it on Kraken... good Luck

Dont worry I plan to short the shit out of it once all the coins are on exchanges etc. There's a weird 24 hour period atm where the devs are asking to wait 24h for confirmations to be confirmed so most exchanges aren't trading it yet. Trust me when the market is operating properly it will crash.

[Ezmoneyezlife]

Why is it going up now? 

lol.. what happened ?? can't get any cheap coins anymore ?? ........... answer: anti-gravity happened .

obviously i could be wrong, and manipulators tend to move opposite of the predictors to spite them (probably not this time though) ... but i think you won't see less than 275 anytime soon.

Naturally market should've corrected to 50 fib lvl atleast (~268$) or to 61.8 (~257$) before another leg up to 320-340$, thats why price fell to sub 280$ but willybot on goxobi just stopped it, this "market" is being totally manipulated by goxoby/okgox's bots owners. Considering incoming stock markets collapse i would say that we're gonna see some flat range until end of august and then hyped movement to ~370-390$.

[razibuzouzou]

I thought Coinmarketcap would have listed Ethereum by now. I was hoping to use it to compare Bitcoin's price and cap to Ethereum's. After all the hype it should have been on there after the first five minutes of trading starting. Is there any similar website that's listed Ethereum yet? It's too much work to constantly recalculate Ethereum's cap.

Coinorama doesn't provide exactly the same info as coinmarketcap, but anyway, I just added Kraken ETH/BTC to the data collection process.
Charts will be available on the website by the end of the week-end.

[Theano]

Why is it going up now?  

lol.. what happened ?? can't get any cheap coins anymore ?? ........... answer: anti-gravity happened .

obviously i could be wrong, and manipulators tend to move opposite of the predictors to spite them (probably not this time though) ... but i think you won't see less than 275 anytime soon.

Naturally market should've corrected to 50 fib lvl atleast (~268$) or to 61.8 (~257$) before another leg up to 320-340$, thats why price fell to sub 280$ but willybot on goxobi just stopped it, this "market" is being totally manipulated by goxoby/okgox's bots owners. Considering incoming stock markets collapse i would say that we're gonna see some flat range until end of august and then hyped movement to ~370-390$.

people are calling the stock market to collapse for 2 years now... And so far S&P 500 is still in a strong bullmarket

[ChartBuddy]

Coin
Explanation

[knight22]

Why is it going up now?  

lol.. what happened ?? can't get any cheap coins anymore ?? ........... answer: anti-gravity happened .

obviously i could be wrong, and manipulators tend to move opposite of the predictors to spite them (probably not this time though) ... but i think you won't see less than 275 anytime soon.

Naturally market should've corrected to 50 fib lvl atleast (~268$) or to 61.8 (~257$) before another leg up to 320-340$, thats why price fell to sub 280$ but willybot on goxobi just stopped it, this "market" is being totally manipulated by goxoby/okgox's bots owners. Considering incoming stock markets collapse i would say that we're gonna see some flat range until end of august and then hyped movement to ~370-390$.

people are calling the stock market to collapse for 2 years now... And so far S&P 500 is still in a strong bullmarket

Until it doesn't. FED is now talking about increasing interest rates and stop QE money used to pump up the stock market. Place your bet.

[ChartBuddy]

Coin
Explanation

[aztecminer]

Why is it going up now?  

lol.. what happened ?? can't get any cheap coins anymore ?? ........... answer: anti-gravity happened .

obviously i could be wrong, and manipulators tend to move opposite of the predictors to spite them (probably not this time though) ... but i think you won't see less than 275 anytime soon.

Naturally market should've corrected to 50 fib lvl atleast (~268$) or to 61.8 (~257$) before another leg up to 320-340$, thats why price fell to sub 280$ but willybot on goxobi just stopped it, this "market" is being totally manipulated by goxoby/okgox's bots owners. Considering incoming stock markets collapse i would say that we're gonna see some flat range until end of august and then hyped movement to ~370-390$.

people are calling the stock market to collapse for 2 years now... And so far S&P 500 is still in a strong bullmarket

Until it doesn't. FED is now talking about increasing interest rates and stop QE money used to pump up the stock market. Place your bet.

they are not going to raise interest rate.. that is just talk.. they talk about it to help the markets cuz everyone thinks if fed says they are going to raise interest rates soon then everything must be good ... but they can't raise interest rates.. if they did everything would implode.. they wouldn't be able to service the debt.. they will go negative interest rates before the ever go up again. they aren't going to stop QE either.. instead they outsource the QE.  i keep raising the bets... lol .

[bassclef]

Why is it going up now?  

Because the market is resting after a big "no supply" rally from $220. And there is still not enough selling to bring the price much below $275 because it was getting vacuumed up during the past six months while the price was low. During that time Bitcoin ownership quietly changed from panicky "moon kid" get-rich-quick types to well informed, high quality long-term holders. Add a little demand from whales, traders and a dash of fomo... you start seeing bullish behavior.

That is the whole point of accumulation--to corner the market of floating supply so that by the time Joe Blow notices and wants to buy the stock/security will be triple the price.

[Richy_T]

they are not going to raise interest rate.. that is just talk.. they talk about it to help the markets cuz everyone thinks if fed says they are going to raise interest rates soon then everything must be good ... but they can't raise interest rates.. if they did everything would implode.. they wouldn't be able to service the debt.. they will go negative interest rates before the ever go up again. they aren't going to stop QE either.. instead they outsource the QE.  i keep raising the bets... lol .

Very much this.

One week you're going to the cash advance to get money for hookers and blow.
Next week you're going there to get money for the rent.
The week after, you're going to the next cash advance down the road to get money to pay the first cash advance.

How many cash advances are there?

[Fakhoury]

Why is it going up now?  

Because the market is resting after a big "no supply" rally from $220. And there is still not enough selling to bring the price much below $275 because it was getting vacuumed up during the past six months while the price was low. During that time Bitcoin ownership quietly changed from panicky "moon kid" get-rich-quick types to well informed, high quality long-term holders. Add a little demand from whales, traders and a dash of fomo... you start seeing bullish behavior.

That is the whole point of accumulation--to corner the market of floating supply so that by the time Joe Blow notices and wants to buy the stock/security will be triple the price.

Why the accumulation phase is taking so long bassclef ? and when can kiss that phase bye-bye ?