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

[DaRude]

Invisible buy wall at 685 on finex.
Should be interesting to see if we pullback at all or hold for more moon after whoever is filling their boots is happy to go up again.

Good call, i noticed that someone was putting up good size walls all the way down during the mini dump. Bid size was thin so that BTC10k sell should've brought us down to low 600s without those buy walls. Think we got a bull lurking around setting the floor

How do you find out if there's an invisible buy wall on finex if it's invisible on the order books? Can you post a link to wherever you find out about those invisible orders please?

You see an empty order book, then someone sells BTC1000 but the price doesn't move. Thus there's an invisible buy wall that just ate up that ask order. Works the other way too. Not used as often as i thought, guessing because there's no trust in exchange not front running it

[MinermanNC]

Ok, sold .50 for electric and hardware at 702.00   

Wanted to wait, but need it in the bank by Friday 

Now watch it hit 750.00! tonight lol hope so!!

[JayJuanGee]

can you PLEASE take it easy 

I would like to sleep  a few hour this week...

baby-steps up please guys
you have to obey me I am a HeroMember   

Honey badger doesn't care....


     

  IN YOUR FACE 

Actually, I can relate a little bit to your desire for rest.  Last night was the worst for me because I was awoken twice by my bitcoin alarm, and I tried to just take intermediate and quick measures in response to the upwards price movement (first to $706 and second to $720), which were kind of half-assed measures and sleepy.

Maybe some day, when we are rolling more in profits, we will be able to sit back and say, "I remember when bitcoin was very volatile, and I was struggling to accumulate and to get my BTC holdings in the black.. ... blah blah blah.  Those were the days."      

It is interesting to see the value of my portfolio change so quickly in recent weeks, when it had been stagnant for an extended period.. well at least moving negative a lot prior to August 2015. 

In September 2015, I was nearly 60% in the red.  Then in late May 2016, just a few weeks ago, I was floating around the break even point, and now my portfolio is a bit over 50% in the black.

[BlindMayorBitcorn]

Gold does not have a password and its heavy!!! And with that I end my argument.

LOL.
It's always fun to meet people that can't imagine a world without Internet.

Gold does not have a password and that is good, you can't forget it!
Gold is heavy at current price. When it appreciates x100 it will not be so heavy!

I'm the kind of person that has a coded book written in a language invented by me, that only I have a rosetta stone for it in my head. If I fail, or something or anything tries to take me down, I take down everything with me!

And I actually thought about a way to reinvent the internet on a mechanical level. Where electricity would be pointless. But not even 10x consecutive apocalypses we would not get rid of our electronics, because they are a good lazy solution to our complicated problem!

Let me understand. In the event of some kind of long-term disruption to large parts of the internet, you plan to just up and build your own?

[julian071]

can you PLEASE take it easy 

I would like to sleep  a few hour this week...

baby-steps up please guys
you have to obey me I am a HeroMember   

Honey badger doesn't care....


     

  IN YOUR FACE 

Sorry bro ;+D

[MinermanNC]

Remember when bitcoin used to go up slowly and crash fast?

Seems to be the reverse now. Bullish as fuck!

This may be the start of a flawless bullmarket gentlemen.

Very true, I really believe its being pushed up now though because of halving and the supply cut. Still hoping for 900+ in July  

[savetherainforest]

Let me understand. In the event of some kind of long-term disruption to large parts of the internet, you plan to just up and build your own?

Yeah .. why not? It wouldn't be hard. The infrastructure would probably be terrible at first and we would probably communicate with point lasers in Morse code or with some weird ass trumpets that ancient sheep herders used in the mountains to communicate by sound. But I thought of a way to just bypass the electricity and use light directly to be readable from the optic fiber cable.

[toknormal]

Seems to be the reverse now. Bullish as fuck!

You can say that again.

Games going with serve now.

Nearly 10k BTC Hobular volume fired straight into the 30-minute chart crossover which is unheard of so close to a 1-hour top after such a steep climb. We still have the actual halfing itself to come. And the capacity leap from 2.3 TPS to 100,000 TPS and quantum leap in VC capital.

Do you remember the hullabaloo over $500M VC capital in one year (2014) invested in Bitcoin companies ? Now we're talking 3 times that amount in just one single project.

None of this is priced in. In fact it was positively priced out during the massive profit take of 2014-2015. It's all still to come - not just for Bitcoin but for the whole cryptocurrency sector - so get strapped in.

[Agaguk24]

Remember when bitcoin used to go up slowly and crash fast?

Seems to be the reverse now. Bullish as fuck!

This may be the start of a flawless bullmarket gentlemen.

Very true, I really believe its being pushed up now though because of halving and the supply cut. Still hoping for 900+ in July  

technically this market is following a herd psychology - BTC still has not resolved its very big issues.  How long does a flawed asset climb in value?

[BlindMayorBitcorn]

Let me understand. In the event of some kind of long-term disruption to large parts of the internet, you plan to just up and build your own?

Yeah .. why not? It wouldn't be hard. The infrastructure would probably be terrible at first and we would probably communicate with point lasers in Morse code or with some weird ass trumpets that ancient sheep herders used in the mountains to communicate by sound. But I thought of a way to just bypass the electricity and use light directly to be readable from the optic fiber cable.

Solid.

[mymenace]

Remember when bitcoin used to go up slowly and crash fast?

Seems to be the reverse now. Bullish as fuck!

This may be the start of a flawless bullmarket gentlemen.

Very true, I really believe its being pushed up now though because of halving and the supply cut. Still hoping for 900+ in July  

technically this market is following a herd psychology - BTC still has not resolved its very big issues.  How long does a flawed asset climb in value?

i dont know, have we had enough experience with fiat

[becoin]

Let me understand. In the event of some kind of long-term disruption to large parts of the internet, you plan to just up and build your own?

Yeah .. why not? It wouldn't be hard. The infrastructure would probably be terrible at first and we would probably communicate with point lasers in Morse code or with some weird ass trumpets that ancient sheep herders used in the mountains to communicate by sound. But I thought of a way to just bypass the electricity and use light directly to be readable from the optic fiber cable.

LOL. Money will be worthless in such a situation. Only important thing will be how much weapons and amo you have.

[nioc]

^^^ If you are going to have the guns and ammo I would like to put in a request for you to shoot me unless you already have a waiting list.

[savetherainforest]

Let me understand. In the event of some kind of long-term disruption to large parts of the internet, you plan to just up and build your own?

Yeah .. why not? It wouldn't be hard. The infrastructure would probably be terrible at first and we would probably communicate with point lasers in Morse code or with some weird ass trumpets that ancient sheep herders used in the mountains to communicate by sound. But I thought of a way to just bypass the electricity and use light directly to be readable from the optic fiber cable.

LOL. Money will be worthless in such a situation. Only important thing will be how much weapons and amo you have.

In a place where everyone has food and owns a home with extra empty rooms to spare for guests... The only thing that will be missing is entertainment. ( internet, alcohol, prostitutes, opiates, sports... etc. )

[Mrpumperitis]

anyone see this...
http://www.huffingtonpost.com/entry/oklahoma-police-erad_us_57584060e4b0e39a28ac2083
Oklahoma Cops Find A New Way To Take People’s Money, Even If They Don’t Have Cash
A device that can access funds linked to prepaid debit cards is sparking new concerns about civil asset forfeiture.

http://www.inquisitr.com/3193201/people-avoid-oklahoma-after-highway-patrol-reveals-device-that-can-seize-money-during-traffic-stop/

http://www.news9.com/story/32168555/ohp-uses-new-device-to-seize-money-used-during-the-commission-of-a-crime
OHP Uses New Device To Seize Money During Traffic Stops.

expand the civil forfeiture abilities of the police they can now scan credit cards and bank cards and if they determine you have more money than you should have they can simply seize it from your bank account.

Time to tell the people of Oaklamhoma to use crypto

[Fakhoury]

Seems to be the reverse now. Bullish as fuck!

You can say that again.

Games going with serve now.

Nearly 10k BTC Hobular volume fired straight into the 30-minute chart crossover which is unheard of so close to a 1-hour top after such a steep climb. We still have the actual halfing itself to come. And the capacity leap from 2.3 TPS to 100,000 TPS and quantum leap in VC capital.

Do you remember the hullabaloo over $500M VC capital in one year (2014) invested in Bitcoin companies ? Now we're talking 3 times that amount in just one single project.

None of this is priced in. In fact it was positively priced out during the massive profit take of 2014-2015. It's all still to come - not just for Bitcoin but for the whole cryptocurrency sector - so get strapped in.

Thanks for your awesome insights toknormal but pardon me, I guess you made a small mistake here.

Andreesen Horowitz is investing $1.5B in many fintech projects, they are not poured solely into our ecosystem (Bitcoin).

[savetherainforest]

^^^ If you are going to have the guns and ammo I would like to put in a request for you to shoot me unless you already have a waiting list.

You do know you can find on YouTube how you can melt a frying pan and make a gun out of it ... or melt some copper/bronze coins/wires to make some bullet shells.. and also the recipe for the inside content of the explosive power that goes inside it you can find.

[toknormal]

I guess you made a small mistake here.

Andreesen Horowitz is investing $1.5B in many fintech projects, they are not poured solely into our ecosystem (Bitcoin).

Sorry, my bad. Thanks for the qualification  

[becoin]

When I decide to sell some bitcoins I'll go into gold. I prefer to depend on people that trust in gold as ultimate monetary form rather than depend on people that trust in US dollar. You have to be brain dead to keep your savings in dollars.

[Fakhoury]

I guess you made a small mistake here.

Andreesen Horowitz is investing $1.5B in many fintech projects, they are not poured solely into our ecosystem (Bitcoin).

Sorry, my bad. Thanks for the qualification  

No problem my friend, it's ok

But still I'm inspired with what you say, especially the latest post about Gold and Bitcoin.

I would like ask you a question, if you don't mind

As I always read ZH articles about Bitcoin, and that Bitcoin market cap has a very slight fraction from the $22T of the China's deposits or what so ever.

Why I do believe we will see in the coming decade or 15 years a market cap of $1T, what do you think ?

I see $11B is really nothing and it's just a warm up.