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

[ChartBuddy]

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Explanation

[1715021617]

1715021617

[1715021617]

1715021617

[1715021617]

1715021617

[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 ?

[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.

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 .

You can't inflate a bubble ad infinitum, thinking otherwise is pure fantasy. The FED know that. They will rise the interest rates because at some point they will have to and also because Wall Street will make a shit load of money out of that anticipated collapse.

[ChartBuddy]

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Explanation

[ChartBuddy]

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Explanation

[billyjoeallen]

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?

I agree. They will never raise rates. as for Cash Advances, I live in a town of about 12 thousand people. There are about 20 subprime lenders here. Possibly two dozen. I think we're already starting that third stage. As I was typing this, a panhandler knocked on my front door. WTI oil hit a $43 handle today and the "for sale" signs are already multiplying. it's worse than 2008. People here will sell there wives and children before their boats and pickups, but they are filling up the parking lot in the strip malls with vacant stores behind them.

[billyjoeallen]

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 .

You can't inflate a bubble ad infinitum, thinking otherwise is pure fantasy. The FED know that. They will rise the interest rates because at some point they will have to and also because Wall Street will make a shit load of money out of that anticipated collapse.

They don't have to inflate indefinitely. For some it's just until the next election cycle. For some it's until they can cash out. For most, they just want to hoover every scrap of wealth in a desperate race to the bottom because they're baby boomers and they don't want anything left for Gen Xers and millennials except the smoking ruins of a formerly great civilization. 

[Hyperjacked]

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 .

You can't inflate a bubble ad infinitum, thinking otherwise is pure fantasy. The FED know that. They will rise the interest rates because at some point they will have to and also because Wall Street will make a shit load of money out of that anticipated collapse.

The interest rate issue happened because of the outsourcing of jobs...it's simple really! In the past the fed would lower interest rates if the unemployment rate went up...which would give incentive for the big mfg's to higher again lowering unemployment. The auto industry debacle is a perfect example. It took a trick out of the Feds bag...gone forever! Good job Wall Street!

[ChartBuddy]

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Explanation

[Hyperjacked]

BTC 315 end of 8/2015 no doubt!

Disclaimer:I'm drinking vodka and ice tea...Cheers!

[ChartBuddy]

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Explanation

[ejinte]

Achtung Bitmenschen!

Bitfinex is modifying account privileges for New York Residents, effective August 10th, 2015.
Account & Service Changes

All New York Residents must withdraw all cryptocurrency balances currently held on Bitfinex by 4:00 pm EDT on August 15, 2015. ...
As New York Residents may no longer keep cryptocurrency balances, they will no longer have access to the following features on Bitfinex.com.

started on poloniex already

[shmadz]

Achtung Bitmenschen!

Bitfinex is modifying account privileges for New York Residents, effective August 10th, 2015.
Account & Service Changes

All New York Residents must withdraw all cryptocurrency balances currently held on Bitfinex by 4:00 pm EDT on August 15, 2015. ...
As New York Residents may no longer keep cryptocurrency balances, they will no longer have access to the following features on Bitfinex.com.

started on poloniex already

Best news I've heard since Australia got a clue and fixed their GST rules regarding bitcoin. I hope more bitcoin companies shun N.Y. - maybe eventually they'll get the message.

Finex shoulda linked to http://pleaseprotectconsumers.org/ though. They really need to list the emails of every N.Y.politics whore on that page. nm, just scroll down, all the politico douchbag info is indeed listed.

[ChartBuddy]

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[ChartBuddy]

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[ChartBuddy]

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Explanation