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

[SnokkomBTC]

Hey guys, haven't been around in a while. I see we're still in the $2 330s-$2 340s....boooorrrrrriiiiiiinnnnngggg!


; )

ftfy

[!! pop]

...
In January the curtain was raised for Act I. Now they begin buying up the price for Act II.

Act II: The Rapening
(it's just a matter of time)

http://s2.postimg.org/k7xd86lll/pepper1.gif

[noobtrader]

Hey guys, haven't been around in a while. I see we're still in the $230s-$240s....boooorrrrrriiiiiiinnnnngggg!


; )

i think you need to refresh your browser, maybe delete your history and cache too...

[vuduchyld]

Is it just me, or does it look like nobody wants to sell right now?  Observing that wall....jeez.

[JayJuanGee]

next big resistance is around 385 (fib level), but I still think  that we will meet heavy resistance up to 330

Don't want to brag or anything...

how much bitcoin you own greek boy ?

~400

https://blockchain.info/address/1NBM5DM317RfWsHXKUfPUDtba2scavpPoB

No. Transactions    5    
Total Received    0.0339867 BTC    
Final Balance    0.01603844 BTC
are you have other address ?

plenty

I can give you the private keys too...     

I've got 30 of this babies ,  god speed greek boy,

buy the way it's wake up time in sillicon valley

Damn I wish I had 400!, or anywhere near that, even 100, hell, I'd be happy with 30 at this point lol. I HAD over 25 btc, now I have like 5.5 

Yes, getting rid of nearly 80% of your holdings could NOT be good thinking, and it really probably indicates that you were bearis about bitcoin.

I feel a little bit bad about some of my aggressive attempts at trading BTC, and therefore my actual BTC holdings are nearly 3.5% down from their peak, but I am using some coins to attempt to hedge in both directions - nonetheless, whenever BTC prices shoot up, I experience some regrets about the number of coins in my holdings

[JayJuanGee]

1/3rd of all bitcoin in existence traded this week in China on one exchange 

Oh??? maybe some coins were traded twice....

Go figure.  Isn't that called the velocity of money?   

[bassclef]

Is it just me, or does it look like nobody wants to sell right now?  Observing that wall....jeez.

I've tried to be a bear during this rally (went long from $230 to $340 in futures, then reversed) but there simply is not any selling to push the price down and I took a small loss, twice. And there are still 20,000 shorts on Finex, which, if the market continues its relentless march up, will cause a large crash upwards when they all rush to close out at once.

These are confusing times for traders because they've been trained to go short near 300 all year. Now things seem to be different, at least on the surface...

[JayJuanGee]

Is it just me, or does it look like nobody wants to sell right now?  Observing that wall....jeez.

harder and harder for people to jump on the selling train when the momentum is in the other direction (sorry about the mixed metaphore).  Accordingly, it seems that $380 is fairly reasonably within our sights.

[Fatov]

http://s13.postimg.org/z8o9dvacn/onethird.png[/img]

1/3rd of all bitcoin in existence traded this week in China on one exchange

http://media.steampowered.com/steamcommunity/public/images/avatars/ba/ba6320fcb5b18e5d355c8f5885b6a96ef7846c42_full.jpg[/img]

Oh??? maybe some coins were traded twice....

Go figure.  Isn't that called the velocity of money?    

only twice?
high trading bots are working hard this days

[billyjoeallen]

Prepare to sell Hearn just went nuclear on the XT FUD, Core bashing in extremis ...

https://medium.com/@octskyward/on-block-sizes-e047bc9f830#.366dmgcto

He has well-reasoned arguments. Core deserves to be bashed.

[xyzzy099]

Prepare to sell Hearn just went nuclear on the XT FUD, Core bashing in extremis ...

https://medium.com/@octskyward/on-block-sizes-e047bc9f830#.366dmgcto

He has well-reasoned arguments. Core deserves to be bashed.

A well-reasoned response:

https://medium.com/@btcdrak/full-of-lies-and-desperation-of-someone-who-risked-his-entire-reputation-on-something-and-lost-and-6c206e68d0cf#.i2wtg2uhv

[ChartBuddy]

Coin

Explanation

[LFC_Bitcoin]

Please, baby Jesus. Let it be a double bottom

What's the "girl" on the left hiding with her left hand?

Did gender equality in this thread take a leap after all?

This is an age where Bruce/Caitlyn Jenner is idolised so who knows

[cbeast]

Prepare to sell Hearn just went nuclear on the XT FUD, Core bashing in extremis ...

https://medium.com/@octskyward/on-block-sizes-e047bc9f830#.366dmgcto

He has well-reasoned arguments. Core deserves to be bashed.

A well-reasoned response:

https://medium.com/@btcdrak/full-of-lies-and-desperation-of-someone-who-risked-his-entire-reputation-on-something-and-lost-and-6c206e68d0cf#.i2wtg2uhv

A popular misconception "miners vote by upgrading." They also vote by forking, merge mining, and dumping their income. In fact, the notion of voting goes against the "Byzantine Generals Problem" that Bitcoin solves. Bitcoin isn't a democracy, nor a republic. Developers are not a community. They model their behavior after the scientific community sometimes, but mostly it's works best when its adversarial. You can pretend that you have the high moral ground, but you are deluded because there are thousands of forks that prove you otherwise and they have their sights set on your "community" to destroy it. So my advice is to stick to technical and scientific arguments and keep politics out of the discussion because it's just noise.

[!! pop]

http://s13.postimg.org/z8o9dvacn/onethird.png[/img]

1/3rd of all bitcoin in existence traded this week in China on one exchange

http://media.steampowered.com/steamcommunity/public/images/avatars/ba/ba6320fcb5b18e5d355c8f5885b6a96ef7846c42_full.jpg[/img]

Oh??? maybe some coins were traded twice....

Go figure.  Isn't that called the velocity of money?    

No, not in the usual sense.* There's "transactions velocity," rarely used, mainly because meaningless. Few care how many times I move a dollar from my right pocket to the left, or how many back-and-forth transactions happen on a currency exchange.
*"Which is the frequency at which the average unit of currency is used to purchase newly domestically-produced goods and services within a given time period"-wikip

[JimboToronto]

Another good morning Bitcoinland.

Looks like that ugly red Halloween candle was indeed an aberration and we're back on the upswing, flirting with $340.

Nice and steady please.

[billyjoeallen]

Prepare to sell Hearn just went nuclear on the XT FUD, Core bashing in extremis ...

https://medium.com/@octskyward/on-block-sizes-e047bc9f830#.366dmgcto

He has well-reasoned arguments. Core deserves to be bashed.

A well-reasoned response:

https://medium.com/@btcdrak/full-of-lies-and-desperation-of-someone-who-risked-his-entire-reputation-on-something-and-lost-and-6c206e68d0cf#.i2wtg2uhv

This is not a reasoned response. Just one example:

"The Scaling Bitcoins conferences are not specifically about blocksize, but about how to scale bitcoin efficiently and without risk."

ALL change carries a certain amount of risk. To claim that NO risk is the standard, then you are advocating NO CHANGE just as Mike Hearn has claimed.

The relevant issue is whether or not the risk of increasing blocksize outweighs the risk of not doing so. The risk of waiting vs. the risk of acting in a timely manner. You should get the idea.

[bassclef]

Bitcoin Monthly Candles

Who's ready?

[xyzzy099]

Prepare to sell Hearn just went nuclear on the XT FUD, Core bashing in extremis ...

https://medium.com/@octskyward/on-block-sizes-e047bc9f830#.366dmgcto

He has well-reasoned arguments. Core deserves to be bashed.

A well-reasoned response:

https://medium.com/@btcdrak/full-of-lies-and-desperation-of-someone-who-risked-his-entire-reputation-on-something-and-lost-and-6c206e68d0cf#.i2wtg2uhv

This is not a reasoned response. Just one example:

"The Scaling Bitcoins conferences are not specifically about blocksize, but about how to scale bitcoin efficiently and without risk."

ALL change carries a certain amount of risk. To claim that NO risk is the standard, then you are advocating NO CHANGE just as Mike Hearn has claimed.

The relevant issue is whether or not the risk of increasing blocksize outweighs the risk of not doing so. The risk of waiting vs. the risk of acting in a timely manner. You should get the idea.

You are just making a semantic argument.  I'm sure BTCDrak did not mean literally entirely without risk, and no reasonable reader would interpret it that way.

[hdbuck]

Prepare to sell Hearn just went nuclear on the XT FUD, Core bashing in extremis ...

https://medium.com/@octskyward/on-block-sizes-e047bc9f830#.366dmgcto

He has well-reasoned arguments. Core deserves to be bashed.

A well-reasoned response:

https://medium.com/@btcdrak/full-of-lies-and-desperation-of-someone-who-risked-his-entire-reputation-on-something-and-lost-and-6c206e68d0cf#.i2wtg2uhv

This is not a reasoned response. Just one example:

"The Scaling Bitcoins conferences are not specifically about blocksize, but about how to scale bitcoin efficiently and without risk."

ALL change carries a certain amount of risk. To claim that NO risk is the standard, then you are advocating NO CHANGE just as Mike Hearn has claimed.

The relevant issue is whether or not the risk of increasing blocksize outweighs the risk of not doing so. The risk of waiting vs. the risk of acting in a timely manner. You should get the idea.

you know nothing about risk, just the coupla dollars you 'invest' on btc when it was ath.