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

[lord raiden]

Im not very happy with a dump. but it would not be suprising me.
we had already a halving-pump. so the halving-day could have no effect on the course anymore.
just like it in LTC happend.

be cool and hedge you btc with some alts.. so you will win in every case  

I hope we get a crazy-moving course in the rest of 2016. not such downcrawling shit as in 2014 after the mega-pump.

The 2013 pump was a completely different thing.

-We made constantly all-time highs when we broke 250$ back then.
-There was no leverage trading.
-almost no short trading
-less coins overall
-Willy bot
-no Bag holders.


I am not saying this can't happen again, but it's less likely. I expect a lot of sideways after we found new true support. Who knows where it is, I don't have a crystal ball.

sure. 2013 it was a chinese investment wave... this coud be happen any time again.
after that there were are lot of unsecurities with gox and so on in the market.
now we have a neverending blocksize-war...

hm... dont know the statistics but i`ve mentiond the most things in this time.
-guys who makes big money with shorting btc again and again.
-guys who dont sell at the peak duo to tax reasons: bag holder?
less coins but enough....

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[TReano]

So another shaking out the weak hands before the halving right?
I'm not surprised to be honest.
In a few hours we will back where we had been yesterday.
Furthermore I don't expect a big run the next days or shortly after halving.We will have to wait a bit longer before another run kicks in.

buy the rumors, sell the news. The oldest trading wisdom.

[gentlemand]

Those of us stuck in the UK no longer have to worry about a falling Bitcoin price as the pound is falling even faster. Great stuff if you never need to buy imports or go abroad ever again.

[TReano]

Those of us stuck in the UK no longer have to worry about a falling Bitcoin price as the pound is falling even faster. Great stuff if you never need to buy imports or go abroad ever again.

British Pound is up almost 1% today agains the USD.

BTC dumped ~6% today.

Wrong day for you Post sir!

[gentlemand]

And it was at $1.50 pre vote results. Now it's hovering around $1.30. It takes a little longer to tank. Some people say it's because it has wider adoption. I'll believe it when it see it.

[TReano]

And it was at $1.50 pre vote results. Now it's hovering around $1.30. It takes a little longer to tank. Some people say it's because it has wider adoption. I'll believe it when it see it.

it was pumped in anticipation of a remain vote shortly before the vote.

Realistically the pre Brexit vote value was around ~1.40. Also I expect this to create a new low around this area and start rallying during the winter. It's not like it could go down like this forever. It was a major move unseen in the Forex market as well.

[marcus_of_augustus]

And it was at $1.50 pre vote results. Now it's hovering around $1.30. It takes a little longer to tank. Some people say it's because it has wider adoption. I'll believe it when it see it.

it was pumped in anticipation of a remain vote shortly before the vote.

Realistically the pre Brexit vote value was around ~1.40. Also I expect this to create a new low around this area and start rallying during the winter. It's not like it could go down like this forever. It was a major move unseen in the Forex market as well.

What's the chances of the pound attracting global adoption like Bitcoin could?

https://www.youtube.com/watch?v=37iHSwA1SwE

[aminorex]

And it was at $1.50 pre vote results. Now it's hovering around $1.30. It takes a little longer to tank. Some people say it's because it has wider adoption. I'll believe it when it see it.

it was pumped in anticipation of a remain vote shortly before the vote.

Realistically the pre Brexit vote value was around ~1.40. Also I expect this to create a new low around this area and start rallying during the winter. It's not like it could go down like this forever. It was a major move unseen in the Forex market as well.

What's the chances of the pound attracting global adoption like Bitcoin could?

https://www.youtube.com/watch?v=37iHSwA1SwE

Almost exactly the same as the odds of a UK gold standard.

[JimboToronto]

Good morning Bitcoinland.

I see we had a little dip last night, all the way down to where we were last week.



Still not what I'd consider a buyable dip but low enough to replace what I spent on the weekend to buy $150 worth of CAD at a vending machine for beer money for the ballpark. Not worth making a separate trip though. I'll just stop in on my way to the SkyDome tonight. Hopefully the price won't rise too sharply before then.

[Ted E. Bare]

Bitcoin Block Reward Halving Countdown:
Only 2 more days!

Reward drop ETA: Sat, 9 Jul 2016 17:11:46 GMT

[proudhon]

Good morning Bitcoinland.

I see we had a little dip last night, all the way down to where we were last week.



Still not what I'd consider a buyable dip but low enough to replace what I spent on the weekend to buy $150 worth of CAD at a vending machine for beer money for the ballpark. Not worth making a separate trip though. I'll just stop in on my way to the SkyDome tonight. Hopefully the price won't rise too sharply before then.

Definitely an indicator of where we're heading and what direction. Not good for those still believing in bitcoin. It has clearly collapsed and will continue to do so based on these confirmed datas.

[JimboToronto]

Not good for those still believing in bitcoin. It has clearly collapsed and will continue to do so based on these confirmed datas.

LOL Look who's back, a voice from the past.

Ever the trollbear, eh Proudhon?  

Who's next? Jaroslaw/Walsoraj? Electric Mucus?

[proudhon]

Not good for those still believing in bitcoin. It has clearly collapsed and will continue to do so based on these confirmed datas.

LOL Look who's back, a voice from the past.

Speaking as one with the wisdom of the ages, I assure you.

[harrymmmm]

Why does the poll have the options <999 and <1000
 

Look again

 
 

My mistake.

Adam is such a klutz tho, right?
I'm expecting the price to get to 999 or 1000 and i'm sooo confused how to vote!

[podyx]

This not looking too good unless this is the bottom.

[Torque]

So looking at the chart pattern so far this year.... repeat of 2012?

If so, that means that 2017 will be crazy.  

[DaRude]

We go down and longs go over $42MM someone doubling down big time, the one positive is shorts smelling the blood and are up BTC5k which should offset and bring some volume

[hd060053]

It's a pleasure to get another chance to buy cheap. Im not worried about the price long term as i did in 2013, seeing the world economy going down and crypto being so stable

[hd060053]

+ 6,3k shorts today

https://bfxdata.com/

they cant hold down the price in the long term 

[MinermanNC]

Well is this what we get as we approach the big day.... I still am holding out hope for a last minute spike of up too 800+ of course no data to support that but what is needed to at the very least for miners to keep mining.