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

[adamstgBit]

[ChartBuddy]

Coin



Explanation

[wutizurkwest]

The big white box on the outside
will become the small white box on the inside
and there will be much pizza.

So say we all.

[aztecminer]

bitchcoin is pretty much cornered now. only thing it can do is go up or go sideways. we all got tired bitchcoin wallowing around all time. get ur ass up bitchcoin. what to do next. is gold and silver going up or down ??


edit ps: this is where i usually would laugh like this hhahhahha. is funny!

[peonminer]

The big white box on the outside
will become the small white box on the inside
and there will be much pizza.

So say we all.

It will keep going and going and going and going and next thing you know, we're at $4,800.00 USD

Mind blown in 3. . . 2. . . 1. . .







Could this be the rise to $10,000 USD / BTC ? ? ?

Don't you love how BTCitcoin forms these oh so esoteric patterns? It's so fucking beautiful I want to cry sometimes.

[adamstgBit]

will 410 hold?

[notme]

will 410 hold?

No, then yes, then no.

[marcus_of_augustus]

will 410 hold?

410?! ... I'm wondering where it will find some decent support above 1200

[adamstgBit]

will 410 hold?

410?! ... I'm wondering where it will find some decent support above 1200

well see 390 before we see 500

[peonminer]

will 410 hold?

No, then yes, then no.

Such observation, many professional, very prediction, lots source, heavy opinion weight, so verifiable evidence.




Wow!

[adamstgBit]

i see a knife coming...

[r0ach]

I do expect a 2+ month consolidation in the mid 300s.

There will be a consolidation

[Cconvert2G36]

[ChartBuddy]

Coin



Explanation

[peonminer]

http://motherboard.vice.com/read/satoshis-pgp-keys-are-probably-backdated-and-point-to-a-hoax

nana naaa naa naaa naa nannnnaannnaaaa naaa nnaa naaa naaaaa naa naaaa naa

[ChartBuddy]

Coin



Explanation

[billyjoeallen]

220,000 transactions in last 24 hours.  To me this is the real indicator bitcoin is going mainstream.

To me this is an indicator that we're going to hit the 1 MB limit before resolving the scaling issue. We're over half maximum capacity. If the network bogs down, people on the exchanges will turn to the only exit left: fiat. It will be Gox in reverse. Worldwide on every exchange. 

Low fee transactions could take days to confirm. Zero fee xactions may never confirm. And what if some exchanges are running a fiat fractional reserve? They would have to liquidate BTC holdings to fill withdrawal requests, pushing prices down farther. Leveraged longs hit a margin call cascade. Miners forced to sell a larger percentage of mined coins to pay for electricity. 

Nothing's been fixed. Nothing. 600,000 xactions/day could create a backlog that will never clear. Companies with business models that depend on low fees could dump everything and cut their losses.

You'd better pray we get the capacity up before we grow much more or we could crash so far that we lose first mover advantage and never recover. Don't think there aren't people waiting, wanting and actively working to make that happen.

[aztecminer]

425 in the morning.. i'm hodl cold storage hostage. keep going up bitchcoin  . make us all want to trade for debt slavery fiat.

[TERA]

So do we still observe walls here?  It's so hard to watch them on bfx with them moving around,  hiding,  and jumping up and down every 2 seconds like there's some broken api. The only consistent thing I see is that little wall at 300 and even that would be like a joke at gox.

[billyjoeallen]

Over the rally from $350 to $425, the bid walls on bfx steadily grew from 35k to 41k. Now suddenly they are down to 31k. Speculations?

Welcome back!  My guess is there is hidden support the bid walls don't show and we're going to push higher, but I'm not confident enough to go farther long.

I really missed you. What's your take on the blocksize controversy?