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

[Fatman3001]

.... I think you'll find you've forgot a zero. Shorts are way below longs in USD.

Fuck me! Yer right n all!

Longs are like 5 times larger in volume than shorts!....

but never mind, Stamp Whale has decided to start buying into his own Ask walls now, so here comes the bounce.

No bounce. Christmas is cancelled.

[luigi1111]

I guess I did ok not buying back then...





...or is the bounce imminent?

[makeacake]

No bounce. Christmas is cancelled.

http://s22.postimg.org/xl0rvxpz5/coal.gif

[MatTheCat]

Wow. +1 for being honest with yourself and admitting these things. I think there are a lot of very butthurt people lurking among us who traded like you.

Next time leave your emotions in the garden

There are lots of hapless fucking clowns like me in Bitcoin. Just as whale bot algorithms trade against Joe Blow bot algorithms, whales trade against the direction of the biggest amount of little fish possible, and eat em all up. That is how they make their dough.

[ChartBuddy]

Coin

Explanation

[YourMother]

If this is a Bull Market, and I believe it is....then we are right in accumulation zone right now.

Yes, we are in the accumulation zone right now. The accumulation of FIAT zone.


Wow! Gutted

[ssmc2]

It's that time again when you MUST put on ignore EVERY newbie account with activity < 5 without reading the post.

[MatTheCat]

I guess I did ok not buying back then...





...or is the bounce imminent?

Looking at long term candles, bounces are always accompanied by big fuckgin strong green candles that counter the big strong red candle....

however....looking at the shorter term candles, what you are looking for at a bottom, is basically an exhaustion of selling pressure....less and less willingness to sell at a price point. Less and less volume.

Likewise, I remember looking at $500 Bitcoin for a good a few hours, before the whales had decided that there was no fuel left, and started selling into the FOMO Bid Walls. In that case, it was exhaustion of buying pressure.

[ssmc2]

I guess I did ok not buying back then...





...or is the bounce imminent?

Looking at long term candles, bounces are always accompanied by big fuckgin strong green candles that counter the big strong red candle....

however....looking at the shorter term candles, what you are looking for at a bottom, is basically an exhaustion of selling pressure....less and less willingness to sell at a price point. Less and less volume.

Likewise, I remember looking at $500 Bitcoin for a good a few hours, before the whales had decided that there was no fuel left, and started selling into the FOMO Bid Walls. In that case, it was exhaustion of buying pressure.

Seems like we're almost there

[JimboToronto]

Good morning Bitcoinland.

After 4 days of sideways we finally got a buy-able dip. Seems every time it dipped it was off-hours for me and had rebounded by the time I could get out to make a purchase. Caught this one though and grabbed 4 coins at about $354, my first buy since August.

Of course this purchase raises my average price paid but a dip is a dip and when the price was over $500 accumulation was getting expensive. This is a little better for buying but I wouldn't mind the price going up again.

I see the trollbears and sock puppets are having their predictable little picnic. So pathetic but so amusing.

[marcus_of_augustus]

... and just like that all the mainstream media bitcoin-pump articles stopped, like magic.

Price-perception manipulation, TA analysis tool price-targetting, HFT, leveraged derivatives, say hello to Wall St. guys this is what you asked for.

[peonminer]

... and just like that all the mainstream media bitcoin-pump articles stopped, like magic.

Price-perception manipulation, TA analysis tool price-targetting, HFT, leveraged derivatives, say hello to Wall St. guys this is what you asked for.

We just got pumped and dumped by the creators of pump and dump

[InvestorPerson]

bitstamp goldfish trying hard with puny walls 

[barbs]

I wonder how many people are getting fucked over

[noobtrader]

derp bitcoin drunk again 

quick someone make bitcoin sober again https://www.youtube.com/watch?v=qGyPuey-1Jw

[marcus_of_augustus]

http://www.bloomberg.com/news/articles/2015-11-10/hackers-accused-by-u-s-of-targeting-top-banks-mutual-funds

hacking the system hackers

Two indictments, unsealed Tuesday, tied three of four suspects to previously reported hacks of JPMorgan Chase & Co., E*Trade Financial Corp., Scottrade Financial Services Inc. and Dow Jones & Co., a unit of News Corp.

Hackers and conspirators in more than a dozen countries generated hundreds of millions of dollars in illicit proceeds om pump-and-dump stock schemes and particularly lucrative online gambling, prosecutors said.

The global network, with 100 employees and co-conspirators, stretched from Israel to the U.S., with a dozen online casinos and payments that ran through Cyprus, Azerbaijan and Switzerland.

The co-conspirators deceived financial institutions into processing and authorizing payments to and from the casino companies and others, prosecutors wrote in their latest indictment of Gery Shalon, Joshua Aaron and Ziv Orenstein, who they say are at the center of the scheme. Shalon and Orenstein were arrested in Israel in July. Aaron remains at large.

[ChartBuddy]

Coin

Explanation

[Hyperjacked]

That caught me off guard. I wasn't expecting any big moves today and definitely not that China would synchronize it's price with USD markets.

Lol.  You mean that Chinese exchange accounts couldn't possibly be owned by the same whale that own Stamp and Bitfinex accounts?

Nice posts lately...Cheers!

Not sure why anyone is surprised by the move...@ohyperjacked on Twitter

[brg444]

http://www.bloomberg.com/news/articles/2015-11-10/hackers-accused-by-u-s-of-targeting-top-banks-mutual-funds

hacking the system hackers

Two indictments, unsealed Tuesday, tied three of four suspects to previously reported hacks of JPMorgan Chase & Co., E*Trade Financial Corp., Scottrade Financial Services Inc. and Dow Jones & Co., a unit of News Corp.

Hackers and conspirators in more than a dozen countries generated hundreds of millions of dollars in illicit proceeds om pump-and-dump stock schemes and particularly lucrative online gambling, prosecutors said.

The global network, with 100 employees and co-conspirators, stretched from Israel to the U.S., with a dozen online casinos and payments that ran through Cyprus, Azerbaijan and Switzerland.

The co-conspirators deceived financial institutions into processing and authorizing payments to and from the casino companies and others, prosecutors wrote in their latest indictment of Gery Shalon, Joshua Aaron and Ziv Orenstein, who they say are at the center of the scheme. Shalon and Orenstein were arrested in Israel in July. Aaron remains at large.

Sounds like they needed to use Bitcoin.

[Frost]

This bubble really reminds me that I should sign an advance health care directive for the worst case. If something is inevitable, I wouldn't want to suffer as long as the current Bitcoin exchange rate. Common guys, kill the price already, the only ones earning here are the doctors of the bubble.