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

[ChartBuddy]

Coin

Explanation

[ChartBuddy]

Coin

Explanation

[peonminer]

Halving will take it to $400.  The increased media attention might create another bubble to go much higher.

We will see a fallout right after 300-320 back down again to around 240-220 over a month. Then Dec-Jan-Feb we will hit 310 again.

[Fatman3001]

Shorts are up, longs are down

[ChartBuddy]

Coin

Explanation

[yefi]

I think he might also have been talking about the thing on his head  

Oh, I thought that was the shape of his head. Couple of bolts, and you have yourself a Mary Wollstonecraft monster right there.

[ChartBuddy]

Coin

Explanation

[ChartBuddy]

Coin

Explanation

[ChartBuddy]

Coin

Explanation

[BlindMayorBitcorn]

I read something about a vast Russian MMM ponzi currently operating in South Africa buying up Bitcoins. Any news?

Bobby Lee, CEO of Chinese exchange BTCC, told CoinDesk his platform has seen a significant volume increase, though he dismissed much of his competitors' volume as "artificial".

Those behind the volume, he said, are not traders but consumers sucked into a Russian ponzi scheme, MMM.

"We have posted warnings on our site and on our social media to warn users to be careful, but they have been coming to our exchange and buying out like crazy," he said, adding:

    "This time it's not speculative trading but based on them getting sucked into this ecosystem."

https://twitter.com/YourBTCC/status/654273706013798401?lang=en

"South Africa" must include a many of the poorest and least educated people there.

Ah, bitcoin -- bringing First World financial ruin to the unbanked in the Third World...

May you all go broke, and burn in hell...

Hehe. Thanks for the cross-post, Professor.

https://www.reddit.com/r/Buttcoin/comments/3p2mot/butts_allegedly_being_used_by_sergei_mavrodis/

*Waves* Hi Butters!

Found this: https://www.facebook.com/MMMGlobalRB

This run may not end well

Tin foil hat time:

Notwitstanding Jorge's sudden indignation, in fact this particular scam is nothing new; I found videos back to January. But I know some higher-ups in the PRC have told Bobby Lee personally that they don't want another speculative bubble. So Lee points to the MMM.

But all signs still point to China.

[oda.krell]

Moments like this, I wish I could look ahead around a year (well, July 2016 more specifically), then go back to now. Not to trade it, but, don't know, simple curiosity.

It's so tempting to attribute (at least partially) the current trend to early halving anticipation, similar to how the November '12 halving is likely to have contributed to the emerging of the next pricing era (with upper bound quadruple digits, and unlikely to go back to double digits).

At the same time, it's probably too early for it, and I expect the halving impact to be more smoothly priced in, since the market is (slightly) more mature today than it was in 2012.

[r0ach]

higher-ups in the PRC have told Bobby Lee personally that they don't want another speculative bubble.

Didn't stop government insiders from trying to front run the recovery in China under penalty of death.

May you all go broke, and burn in hell...

The price didn't moon yet, you can still get in now.

[ChartBuddy]

Coin

Explanation

[yolalanda]

... It's so tempting to attribute (at least partially) the current trend to early halving anticipation, similar to how ...

...animals can predict disaster?

An elephant trumpets wildly, breaks a chain holding it to a tree, and flees to higher ground — just before a massive halving crashes ashore, drowning hundreds of thousands of people.
Did the elephant know the deadly halving was coming?
That’s the question explored by NATURE’s Can Animals Predict Disaster?

-- http://www.pbs.org/wnet/nature/can-animals-predict-disaster-introduction-2/134/

[Fakhoury]

"South Africa" must include a many of the poorest and least educated people there.

Ah, bitcoin -- bringing First World financial ruin to the unbanked in the Third World...

May you all go broke, and burn in hell...

You know what, I was respecting you although I'm against you in terms of Bitcoin issues.

But after what you said, I'm really shocked.

Although I maybe late in understanding that you are with an agenda (although as well a friend of mine told me about you), but I'm ultra sure about it.

Really, shame on you and your age, and I wish you and your beloved to broke and to burn in hell with no fuckin' savior.

To my ignore list.

[gentlemand]

Halving will take it to $400.  The increased media attention might create another bubble to go much higher.

The media cottons on when all time highs are being smashed, not when there's a rise that was easily creamed over two years ago. It might pop up here and there but I doubt it'll get many mouths watering in the same way.

[oda.krell]

Did the elephant know the deadly halving was coming?

*gasp* Supply might be a relevant factor for price discovery? Who would have thought?

https://scholar.google.com/scholar?as_q=supply+demand&as_epq=&as_oq=&as_eq=&as_occt=title&as_sauthors=&as_publication=The+Quarterly+Journal+of+Economics

https://scholar.google.com/scholar?as_q=supply+demand&as_epq=&as_oq=&as_eq=&as_occt=title&as_sauthors=&as_publication=The+American+Economic+Review

[tarmi]

It's so tempting to attribute (at least partially) the current trend to early halving anticipation, similar to how the November '12 halving is likely to have contributed to the emerging of the next pricing era (with upper bound quadruple digits, and unlikely to go back to double digits).

that's some bogus bulltard logic, don't fall for it. to put it simply> it's just a pre-USMC auction pump and it's already over.

[oda.krell]

It's so tempting to attribute (at least partially) the current trend to early halving anticipation, similar to how the November '12 halving is likely to have contributed to the emerging of the next pricing era (with upper bound quadruple digits, and unlikely to go back to double digits).

that's some bogus bulltard logic, don't fall for it. to put it simply> it's just a pre-USMC auction pump. and it's already over.

You're starting to sound like a broken record. Hope you'll eventually realize this, and will go back to writing more interesting, bit more varied posts. But, of course, do as you please.

[tarmi]

It's so tempting to attribute (at least partially) the current trend to early halving anticipation, similar to how the November '12 halving is likely to have contributed to the emerging of the next pricing era (with upper bound quadruple digits, and unlikely to go back to double digits).

that's some bogus bulltard logic, don't fall for it. to put it simply> it's just a pre-USMC auction pump. and it's already over.

You're starting to sound like a broken record. Hope you'll eventually realize this, and will go back to writing more interesting, bit more varied posts. But, of course, do as you please.

No, I am not the one talking and counting about the next-big-thing/pump/bubble like halving. So many people counting on it that I fear it might end up as a non-event or even a disaster.