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

[JayJuanGee]

Do you really think that the current pump is coming out of China?

People make these kinds of China assertions a lot, but I think that those kinds of assertions tend to be quasi-xenophobic attempts to denigrate the broader price pressures on bitcoin.. that are really getting into broader levels of adoption and development and even speculation in other areas of the world... that are not as much in China as they are made out to be...

Furthermore, it seems to have been a couple years already that Chinese exchange volume has been discredited both in terms of whether it is real and also in terms of an apparent prevalence of no fee bot trading... so sure the Chinese contribute to price pressures, but they are not really directing price pressures, are they?

I agree ... if we take these charts from localbitcoin activity as a proxy indicator of real on-the-street demand it is evidently spreading globally and much more than in past adoption waves. China has 1.2 billion people so naturally represents a goodly portion of that global demand on population basis alone ... also they have chip fab. (mining), HK free-wheeling trading houses, capital controls, gambling culture, etc, lol ... but it is most definitely not ALL being driven or controlled out of China.

https://coin.dance/volume/localbitcoins

Yes, those Localbitcoin charts are quite supportive of the point that I was attempting to make, which reflects broader world adoption than just china, and yes we likely realize that there is a quite a bit more ways to show that adoption and development continues to be and become much broader than merely china (that is if we wanted to go through with the work to show sources for such assertions).

[Dotto]

If you search bears burning in google you get this:












https://www.google.es/search?q=bears+burning&espv=2&biw=911&bih=434&source=lnms&tbm=isch&sa=X&ved=0ahUKEwiJ-O2TrNbNAhVLrRQKHSNQCKoQ_AUIBigB

[Ethey]

If you search bears burning in google you get this:












https://www.google.es/search?q=bears+burning&espv=2&biw=911&bih=434&source=lnms&tbm=isch&sa=X&ved=0ahUKEwiJ-O2TrNbNAhVLrRQKHSNQCKoQ_AUIBigB

But what does this to the Price Movement

Anyways i think today we could watch another Price increase on the BTC chart. Definatly it will income soon!

regards

[Dotto]

[Zywiec]

let me know your insigths about bitcoin.

In my opinion key level is 700$. If pass it through price should be seen rougthly almost 800's. No additional resistance level between 700-800$. Hope to hear from bulls good news.

[iikun]

let me know your insigths about bitcoin.

In my opinion key level is 700$. If pass it through price should be seen rougthly almost 800's. No additional resistance level between 700-800$. Hope to hear from bulls good news.

So did you miss how the price broke thru into the $700s today & fell back down into the $680s?

[hatshepsut93]

seems like bears are giving us one last chance to buy bellow $700

[Fatman3001]

TIMBER!!!

[Coinnosaurus]

seems like bears are giving us one last another chance to buy bellow $700 $600

fixed

[podyx]

Just a retracement or? I did not expect this.

[ask]

Just a retracement or? I did not expect this.

Better sell and go short. 

[Coinnosaurus]

Just a retracement or? I did not expect this.

You'll have to leave your space suit ,at least for few weeks .

[hv_]

This news might bring the next boost?

https://bitcointalk.org/index.php?topic=1535583.0

[AmazonStuff]

A lot of people will be hit by liquidation price in the upcoming days. It's hard to guess who will be liquidated bulls or bears, but I can smell some hard moves. I hope that everyone on Speculation forum will make the right decisions, I wish a lot of luck to everyone and of course a lot of profit

[JayJuanGee]

seems like bears are giving us one last another chance to buy bellow $700 $600

fixed

Don't count your chickens before they are hatched... and below $650 on this particular downward run would seem to be quite the cheap coins.

[BlindMayorBitcorn]

^Timely, and topical. Much journalisms.

[giggidy23]

^Timely, and topical. Much journalisms.

Just the facts, Ma'am. I realize some parvenu douche serial entrepreneur and technologist Andreas M. Pumpendumpolos extolling the virtues of our digital gold is far more newsworthy, but I take the good with the bad

[BlindMayorBitcorn]

^Timely, and topical. Much journalisms.

Just the facts, Ma'am. I realize some parvenu douche serial entrepreneur and technologist Andreas M. Pumpendumpolos extolling the virtues of our digital gold is far more newsworthy, but I take the good with the bad

Did you hear the Perianne Boring interview? It was pretty hysterical.
Let me find the link.
https://www.mixcloud.com/bitcoinuncensored/perianne-boring-of-digital-chamber-of-commerce-talks-blockchain-trooooooolll/

[giggidy23]

^WTF was that? Why does the recorder app on my shitty phone have better production values than that ... whatever that is? Had speakers on, soon as that Benny Hill music kicked in at, like +20dB, panicked; tried to close the page, to get that helpful Clippy pop-up "are you sure you want to navigate from this page?" pop-up all the malware sites use.
Technologists! Why not at least put it up on YouTube?

Is there a TL;DR? Stupid woman says stupid things about stupid things?

[BlindMayorBitcorn]

^WTF was that? Why does the recorder app on my shitty phone have better production values than that ... whatever that is? Had speakers on, soon as that Benny Hill music kicked in at, like +20dB, panicked; tried to close the page, to get that helpful Clippy pop-up "are you sure you want to navigate from this page?" pop-up all the malware sites use.
Technologists! Why not at least put it up on YouTube?

Is there a TL;DR? Stupid woman says stupid things about stupid things?

TL;DR Bitcoin Uncensored hosts face legal action over Perianne Boring interview. Slow news day.