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

[ChartBuddy]

Coin



Explanation

[Fatman3001]

Looks like the influx of market buys stopped, so it's just in this really slow freefall. Bears will get behind every $1 of this drop to 'confirm' downtrend after downtrend until one day there is just this violent correction all the way back to the upside. Very risky game.

It would be quite natural to have a slow trickle down into the new year.

And it would paint a pretty convincing cup and handle, with the cup being from nov.4 to mid december.

Disclaimer: I have no idea what I'm talking about.

[billyjoeallen]

So I just made $500 playing holdem, again. Anyone have a better story?

Yeah. I just sold 1.2 BTC on Bitquick that I paid $11 for. Got $610.

[conspirosphere.tk]

And it would paint a pretty convincing cup and handle, with the cup being from nov.4 to mid december.

Here's the mother of all cup & handles:

https://blockchain.info/charts/market-cap?timespan=all&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

[edit]: (ongoing -we're still in the cup)

[billyjoeallen]

Chilling words from the merchant of evil: Tim Cook

https://www.youtube.com/watch?v=rQebmygKq7A

we're America we should have both privacy AND national security.

.... can't the government just do their damn jobs and stop blaming their messed up shit on the people wanting privacy and freedom?

Can't the core devs just do their damn jobs and fix the scaling problem?

[conspirosphere.tk]

Can't the core devs just do their damn jobs and fix the scaling problem?

They would have to access your mind for that.

[redsn0w]

Chilling words from the merchant of evil: Tim Cook

https://www.youtube.com/watch?v=rQebmygKq7A

we're America we should have both privacy AND national security.

.... can't the government just do their damn jobs and stop blaming their messed up shit on the people wanting privacy and freedom?

Can't the core devs just do their damn jobs and fix the scaling problem?

I think it is not really simple (as you can see).

[billyjoeallen]

Looks like the influx of market buys stopped, so it's just in this really slow freefall. Bears will get behind every $1 of this drop to 'confirm' downtrend after downtrend until one day there is just this violent correction all the way back to the upside. Very risky game.

It's risky both ways. You're the trader, TERA. I'm the investor. The fundamentals do not look good. What's going to happen to the price when the network hits the 1MB limit? You used to mine. You have to know the implications of a network that can't support more than 1/2 million active users no matter how high the xaction fees go.

[BlindMayorBitcorn]

Chilling words from the merchant of evil: Tim Cook

https://www.youtube.com/watch?v=rQebmygKq7A

we're America we should have both privacy AND national security.

.... can't the government just do their damn jobs and stop blaming their messed up shit on the people wanting privacy and freedom?

Can't the core devs just do their damn jobs and fix the scaling problem?

Peter Todd says it's not Core's job to offer scaling solutions. He's giving you scotched-earth RBF. What more do you people want from him??

[ChartBuddy]

Coin



Explanation

[ImI]

smells like 400

[Divitiae miserae]

Yep.

[ChartBuddy]

Coin



Explanation

[fisheater22]

Will 450 hold?

[podyx]

It could just be a little christmas dip.

[podyx]

I can tell that many people are thirsty for cheaper coins  

[Wekkel]

here

Almost crossed now.

[rjclarke2000]

here

Almost crossed now.

Sorry to sound dumb but this would indicate what exactly?

[ChartBuddy]

Coin



Explanation

[Wekkel]

Lines crossing. Could be a reason for techincal traders to get the hell out of Dodge (for the time being).