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

[JayJuanGee]

Bring up the price to $490 again. I want to see this go as high as it can until it hits the $500 wall like earlier this year.

What are you?  Ridiculous?

There's no $500 wall. 

Now, I know what you are talking about.  On November 4, 2015, the $502 was clearly a fast move upwards in which the total bitcoin community was not able to support such a quick uprising in prices or to sustain such a price at that time.  Such a supposed wall is not existent under the current circumstances. 

Good luck to you and anyone else who expects to find a wall at $500 and to profit by dumping before $500 this time around.

That is what I meant the resistance of getting past n staying above $500.
Not a wall 

O.k.... maybe we are saying similar things, but in a different way.


I mean to elaborate further, though, it is really difficult to have any kind of clear ideas about what will happen after going passed $500, and in that regard, we can just talk in probabilities... and maybe see how quickly it happens and with how much volume and direction.

Some people are beginning to suggest that volume is picking up; however, I am not really seeing it....  but yeah, volume is difficult to measure consistently because it varies from exchange to exchange, and even with the passage of time, some exchanges increase or decrease their dominant position... in the whole scheme of things and which one(s) are driving prices.... or are acting as price leaders (or laggers).

It surely is possible that getting passed $500 will cause it to thereafter serve as support, especially if prices surge into the $650 arena... which I believe is a fairly likely scenario.. once we get passed $480.. but we gotta get passed $480 first, and I personally am using stamp as my measure - even though it looks like Coinbase is playing a stronger role than it had played historically.  I know some people like to look at Bitfinex, but I remain hesitant to use that exchange as a measure, in part based on their use of leverage, some of their questionable closedown Shenanigans in the past and also maybe because they are located in Hong Kong (which the last time I checked was a part of China... hahahahahaha)....

 

[valta4065]

Bring up the price to $490 again. I want to see this go as high as it can until it hits the $500 wall like earlier this year.

What are you?  Ridiculous?

There's no $500 wall.  

Now, I know what you are talking about.  On November 4, 2015, the $502 was clearly a fast move upwards in which the total bitcoin community was not able to support such a quick uprising in prices or to sustain such a price at that time.  Such a supposed wall is not existent under the current circumstances.  

Good luck to you and anyone else who expects to find a wall at $500 and to profit by dumping before $500 this time around.

That is what I meant the resistance of getting past n staying above $500.
Not a wall  

Once we clear 480ish we will cut right through 500 without even blinking.  That said, we will probably consolidate for a little while at this level first.

Another one dreaming :3
I keep seeing post saying we gonna break the 500$ since early December.
Well guess what? We never did it.

[SnokkomBTC]

Bring up the price to $490 again. I want to see this go as high as it can until it hits the $500 wall like earlier this year.

What are you?  Ridiculous?

There's no $500 wall.  

Now, I know what you are talking about.  On November 4, 2015, the $502 was clearly a fast move upwards in which the total bitcoin community was not able to support such a quick uprising in prices or to sustain such a price at that time.  Such a supposed wall is not existent under the current circumstances.  

Good luck to you and anyone else who expects to find a wall at $500 and to profit by dumping before $500 this time around.

That is what I meant the resistance of getting past n staying above $500.
Not a wall  

Once we clear 480ish we will cut right through 500 without even blinking.  That said, we will probably consolidate for a little while at this level first.

Another one dreaming :3
I keep seeing post saying we gonna break the 500$ since early December.
Well guess what? We never did it.

this time it is......

[valta4065]

Bring up the price to $490 again. I want to see this go as high as it can until it hits the $500 wall like earlier this year.

What are you?  Ridiculous?

There's no $500 wall.  

Now, I know what you are talking about.  On November 4, 2015, the $502 was clearly a fast move upwards in which the total bitcoin community was not able to support such a quick uprising in prices or to sustain such a price at that time.  Such a supposed wall is not existent under the current circumstances.  

Good luck to you and anyone else who expects to find a wall at $500 and to profit by dumping before $500 this time around.

That is what I meant the resistance of getting past n staying above $500.
Not a wall  

Once we clear 480ish we will cut right through 500 without even blinking.  That said, we will probably consolidate for a little while at this level first.

Another one dreaming :3
I keep seeing post saying we gonna break the 500$ since early December.
Well guess what? We never did it.

this time it is......

Ahahah!
Well if it is I won't complain. But if I had to bet I'd say "slow rise until 490/495 then fucking drop back to the 460"

[Karartma1]

That gif is on old time most favourite! It reminds me the days from August to November 2013 when the Willy affair brought us to 1000$.
Personally, I think we will pass 600$ sometimes this month. Mark my guess

[valta4065]

That gif is on old time most favourite! It reminds me the days from August to November 2013 when the Willy affair brought us to 1000$.
Personally, I think we will pass 600$ sometimes this month. Mark my guess

Wanna bet on that?
I'm ready to bet whatever amount you want (under 10 btc cause I don't have more to bet xD)

[Denker]

On chinese exchanges the 3000CNY get attacked again.
Huobi 2998
OKCoin 2998
BTCChina 2998
BTer   2997

Come on guys.Crack that nut!!

[podyx]

bears right now

[road to morocco]

Good morning Everyone!

http://s32.postimg.org/yujwki7k5/giphy3.gif

[Karartma1]

That gif is on old time most favourite! It reminds me the days from August to November 2013 when the Willy affair brought us to 1000$.
Personally, I think we will pass 600$ sometimes this month. Mark my guess

Wanna bet on that?
I'm ready to bet whatever amount you want (under 10 btc cause I don't have more to bet xD)

I don't want to bet on that. But I'll remember your post and if we'll not be close to 600$ by the end of May I'll pay you a beer (in BTC).
friends in either case though 

[Tzupy]

Look, what has been moving bitcoin price up, on low volume:
http://arstechnica.com/security/2016/04/businesses-pay-100000-to-ddos-extortionists-who-never-ddos-anyone/

[JimboToronto]

Good morning Bitcoinland.

Still in the high $460s after smashing through $470 and having a minor correction. Hopefully we've left the $450s for good.

Sideways for a while or on firmly into the $470s? This rally seems far from over, possibly just begun.

[xyzzy099]

Look, what has been moving bitcoin price up, on low volume:
http://arstechnica.com/security/2016/04/businesses-pay-100000-to-ddos-extortionists-who-never-ddos-anyone/

That total of $100,000 is only a little more than 200 BTC.  That would be microscopic volume, unless you are talking about, say, one or two 5-minute candles.

[Cuntabula]

Look, what has been moving bitcoin price up, on low volume:
http://arstechnica.com/security/2016/04/businesses-pay-100000-to-ddos-extortionists-who-never-ddos-anyone/

That total of $100,000 is only a little more than 200 BTC.  That would be microscopic volume, unless you are talking about, say, one or two 5-minute candles.

That, plus bath salts, plus child porn. A couple 5-minute candles here, a couple there... It all adds up

[JayJuanGee]

Bring up the price to $490 again. I want to see this go as high as it can until it hits the $500 wall like earlier this year.

What are you?  Ridiculous?

There's no $500 wall.  

Now, I know what you are talking about.  On November 4, 2015, the $502 was clearly a fast move upwards in which the total bitcoin community was not able to support such a quick uprising in prices or to sustain such a price at that time.  Such a supposed wall is not existent under the current circumstances.  

Good luck to you and anyone else who expects to find a wall at $500 and to profit by dumping before $500 this time around.

That is what I meant the resistance of getting past n staying above $500.
Not a wall  

Once we clear 480ish we will cut right through 500 without even blinking.  That said, we will probably consolidate for a little while at this level first.

Another one dreaming :3
I keep seeing post saying we gonna break the 500$ since early December.
Well guess what? We never did it.

this time it is......

Ahahah!
Well if it is I won't complain. But if I had to bet I'd say "slow rise until 490/495 then fucking drop back to the 460"

Well, even though a lot of us likely believe that the scenario that you paint is not as likely a scenario, you should be betting with the allocation of your investment... in other words, one of the lovely aspects of BTC is that you can allocate according to the totality of your views and risk profile and it is not really difficult allocate.  Hopefully you are doing that, and good luck with you unlikely scenario.   

[xyzzy099]

Look, what has been moving bitcoin price up, on low volume:
http://arstechnica.com/security/2016/04/businesses-pay-100000-to-ddos-extortionists-who-never-ddos-anyone/

That total of $100,000 is only a little more than 200 BTC.  That would be microscopic volume, unless you are talking about, say, one or two 5-minute candles.

That, plus bath salts, plus child porn. A couple 5-minute candles here, a couple there... It all adds up

Lambie, you should really stick to the funny GIFs.  They are a lot more engaging than endless CP and drug quips.

[gentlemand]

Look, what has been moving bitcoin price up, on low volume:
http://arstechnica.com/security/2016/04/businesses-pay-100000-to-ddos-extortionists-who-never-ddos-anyone/

I wholeheartedly applaud your consistency on this thread. Nothing worse than watery saps changing their sentiments like the tides.

[finkelsteinMonster]

Look, what has been moving bitcoin price up, on low volume:
http://arstechnica.com/security/2016/04/businesses-pay-100000-to-ddos-extortionists-who-never-ddos-anyone/

That total of $100,000 is only a little more than 200 BTC.  That would be microscopic volume, unless you are talking about, say, one or two 5-minute candles.

That, plus bath salts, plus child porn. A couple 5-minute candles here, a couple there... It all adds up

Lambie, you should really stick to the funny GIFs.  They are a lot more engaging than endless CP and drug quips.

To be fair, drug & CP quips aren't anywhere as endless and annoying as the constant denial and moon mooing

[JimboToronto]

Well, well. Looks like someone's frantically trying to keep the price under $470.

A couple of fairly large market dumps and a couple of decent ask walls to back them up.

Let's see how long they last.

 

Edit: not long

BCT getting DDOSed?

[clopoterian]

^What is siege mentality?