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

[galdur]

Here´s a 10-day snapshot of this range formation. It is in an early stage (see graph above) so nothing conclusive yet,  the bottom may be starting to act convincing already though, the top of the range, that´s more difficult to predict.

[ChartBuddy]

Coin



Explanation

[nioc]

Today I received from my gf a yellow plush Lambchop dog toy about 10" long.  It's very cute.

True story.

I guess my purchase yesterday @ 331 didn't gum up the works.  Best of luck to everyone.

[mymenace]

correction to 320 ish


trap

lets see if the trap sets

return trend upward, with double bottom in the 320 ish to come

speculation only

lets see if double bottom occurs

speculation only

almost double bottom on the 20th Nov, looks like the trap has closed, lets see if trend continues

[JayJuanGee]

Ya but what's a Safaricom?

http://www.coindesk.com/safaricom-and-bitpesa/

If Bitpesa is pressured to no longer offer its value storage and transfer services (in part because there is a centralized player in which the government can target), then enter bitcoin.  With bitcoin, who are they going to go after, exactly?  seems a bit more difficult to attempt to shut down bitcoin.

[JayJuanGee]

Today I received from my gf a yellow plush Lambchop dog toy about 10" long.  It's very cute.

True story.

I guess my purchase yesterday @ 331 didn't gum up the works.  Best of luck to everyone.

Pic or it didn't happen.

[nioc]

Today I received from my gf a yellow plush Lambchop dog toy about 10" long.  It's very cute.

True story.

I guess my purchase yesterday @ 331 didn't gum up the works.  Best of luck to everyone.

Pic or it didn't happen.

I will gladly post a pic.  Being that I am old and slow I don't know how to post a pic here

Off to Thanksgiving dinner in a few minutes, Happy Thanksgiving everyone

[galdur]

Today I received from my gf a yellow plush Lambchop dog toy about 10" long.  It's very cute.

True story.

I guess my purchase yesterday @ 331 didn't gum up the works.  Best of luck to everyone.

Pic or it didn't happen.

I will gladly post a pic.  Being that I am old and slow I don't know how to post a pic here

Off to Thanksgiving dinner in a few minutes, Happy Thanksgiving everyone

You take a screenshot or snip part of the screen. Put it up at some image storage site. Get the url for it, post the url here [ img]   [ /img] being at the start and end of that url.

[galdur]

No space in that img code. I had to put it there otherwise bitcointalk tries to interpret it as an image.

[ChartBuddy]

Coin



Explanation

[jaberwock]

Fractals, fractals everywhere, a minibubble inside a minibubble but with one big difference, volume! 

I see one last dump and then we are ready to $400, because... volume speaks for itself.

What was the cause of the spike in volume?

Was it only on Huobi or in other exchanges too?

[JayJuanGee]

Fractals, fractals everywhere, a minibubble inside a minibubble but with one big difference, volume! 

I see one last dump and then we are ready to $400, because... volume speaks for itself.

What was the cause of the spike in volume?

Was it only on Huobi or in other exchanges too?

It should be noted that here we do not use huobi or any of the other no fees exchanges as our measure (indicator) of volume.  Surely, huobi's volume can be a factor; however, it is only one factor and needs to be discussed in context and/or taken with a large grain of salt.

[degxtra1]

What was the cause of the spike in volume?

Was it only on Huobi or in other exchanges too?

just some old-fashioned drug dealer have had to make payment by 12AM GMT in BTC.

That's all explanation

[BlindMayorBitcorn]

Good news for the gormless Gavinistas among us.

https://bitcoinmagazine.com/articles/gavin-andresen-i-might-take-over-lead-of-bitcoin-xt-1448486445

[Hyperjacked]

What was the cause of the spike in volume?

Was it only on Huobi or in other exchanges too?

just some old-fashioned drug dealer have had to make payment by 12AM GMT in BTC.

That's all explanation

Did you read that on Fox News ?

[Feri22]

I love you guys

[unent]

Fractals, fractals everywhere, a minibubble inside a minibubble but with one big difference, volume! 

I see one last dump and then we are ready to $400, because... volume speaks for itself.

What was the cause of the spike in volume?

Was it only on Huobi or in other exchanges too?

It should be noted that here we do not use huobi or any of the other no fees exchanges as our measure (indicator) of volume.  Surely, huobi's volume can be a factor; however, it is only one factor and needs to be discussed in context and/or taken with a large grain of salt.

Apparently over a million Bitcoins have changed hands on Houbi today. I don't know how many Bitcoins are actively being circulated rather than dormant, but I don't believe any exchange has that much volume. Gox was the biggest exchange and that had far less than a million Bitcoins on it.

[galdur]

The float is tiny so when some volume comes in you´ll get pretty violent moves. The volume lately is a big improvement but still very small compared to other financial markets. Billion dollars plus per day, which still would be pocket change in markets terms; now that would be interesting  

[degxtra1]

What was the cause of the spike in volume?

Was it only on Huobi or in other exchanges too?

just some old-fashioned drug dealer have had to make payment by 12AM GMT in BTC.

That's all explanation

Did you read that on Fox News ?

no, just inside reports, however RT mentioned that soon after.

[ChartBuddy]

Coin



Explanation