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

[!! pop]

The horror!
All the sweeter when Justice finally [and inevitably] triumphs, and y'all are rounded up and locked up in for-profit prisons for life, where you belong

https://itwam.files.wordpress.com/2013/03/tumblr_lxlrulvfjc1qixaveo1_500.png?w=580

[barbs]

So 7 days ago we were at 285

Remember those days?

[LFC_Bitcoin]

The horror!
All the sweeter when Justice finally [and inevitably] triumphs, and y'all are rounded up and locked up in for-profit prisons for life, where you belong

It's slowed down now Lambie. You can stop worrying..........for now

[r0ach]

Anyone still wanna short?

Incoming $163,000,000,000 market cap and $7700 coins

https://bitcointalk.org/index.php?topic=1235466.0

[JorgeStolfi]

How is trollfi explaining this one?

Please, there is another user with that name (my very personal troller): do not confuse us two.

Has the MMM ponzi also reached finex & stamp  

Who knows? The MMM ponzi is global and has many imitators.  Their victims can buy their bitcoins anywhere.

The surge may be just held-up money finally reaching the exchanges after a bank holiday.

Or perhaps Sergei has un-paused the scam.

Do you have a better explanation?  I don't see any news or rumor that could explain it.

Taiwan declared it illegal after the kidnapping case; perhaps people there or in other countries are stocking it before access to exchanges is blocked?

[ImI]

This was really a violent move... Kinda unhealthy.

i am not a shorter. but if i were i would open a small short right now.

[Hyperjacked]

1) we spent the entire weekend wondering how long the $30+ spreads could continue

--> we got our answer: We had to wait until Monday for USD to clear on the US side and massive amounts of technical buying ensued

2) we still wait to see if there is a short squeeze

--> obviously there is a ton of covering going on, but until people see shorts shaved down by 30-50% I dont believe the top will be in

3) Chinese buyers/traders will be ecstatic when they wake up this morning

--> US closed the spread, and they will use it as a signal that more technical buying can ensue. More fomo & bulls will march forward because of the fact that we closed the spread for them.


my conclusion: the top isnt in until the shorts clear out.

Well said sir! Gonna get the popcorn...

[!! pop]

The horror!
All the sweeter when Justice finally [and inevitably] triumphs, and y'all are rounded up and locked up in for-profit prisons for life, where you belong

https://itwam.files.wordpress.com/2013/03/tumblr_lxlrulvfjc1qixaveo1_500.png?w=580

It's slowed down now Lambie. You can stop worrying..........for now

Vengeance will be sure & swift. Or, if not, tragically mediocre and torturously slow. Like, maybe, you'll get herpes first, and then get put in prison for life. But you'll know you're going to prison way in advance, before you're actually locked away. And no one would like you there because herpes

[spooderman]

This was really a violent move... Kinda unhealthy.

i am not a shorter. but if i were i would open a small short right now.

likewise, we are clearly overbought.

[Fatman3001]

This was really a violent move... Kinda unhealthy.

i am not a shorter. but if i were i would open a small short right now.

Good that you aren't. I like you.

[pleaseexplainagain]

So 7 days ago we were at 285

Remember those days?

I also remember 2 days in January when the price went from $265 to $177.

Bitcoin is not always your friend

[Andre#]

Already down ~$10 from 363 high and selling pressure is continuing. Not sure whose gonna run out of ammo first at this point, the bulls or the bears

Nerve wracking stuff, this one hourly candle is quite the fight

Are you a newbie or what?

Oh, you are... 

Actually bought my first coins in May of 2013, just never cared to register/post here.

I believe you, I did the same thing. Stepped in end of October of 2013, lurked here for over a year before signing up in Feb 2015.

[smracer]

China is waking up.

[fallinglantern]

[spooderman]

"no one buys the triple digit lie any more" - blitz

what has happened to him btw? he's about to be proved unintentionally correct for the third time i believe.

[ImI]

This was really a violent move... Kinda unhealthy.

i am not a shorter. but if i were i would open a small short right now.

Good that you aren't. I like you.

[Hyperjacked]

This was really a violent move... Kinda unhealthy.

i am not a shorter. but if i were i would open a small short right now.

likewise, we are clearly overbought.

It looks like a great shorting opportunity and TA guys and gals know it! maybe more shorts will pile on and it could get nuts...

disclaimer:this is not investment advise...I have no idea what I'm saying!

[LFC_Bitcoin]

China is waking up.

Let's hope they're in buy mode.

[Cconvert2G36]

I wake up to ...this?!

[Hyperjacked]

China is waking up.

I might watch get a martini watch Hulu with the kids and sleep well knowing I'm not leveraged!

cheers!