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

[JimboToronto]

Good AM BTCland.

No weekend movement so far... $626 on Bitcoinaverage.

I don't think I'll even take my Android device to the ballpark. One less thing to fuss with at the ridiculous weapons search at the Skydome.

I still don't see why a Canadian facility should have to follow the dictates of some foreign country's Department of Homeland Security.

Time to go.

[petahashminer]

4210 yuans at Chinese market huobi ,

 a slight increase in the few minutes, shall we say  , this is the incoming pump?

[podyx]

ok, anyone mind explain what the fuck is going on?

[LFC_Bitcoin]

ok, anyone mind explain what the fuck is going on?

A $10 drop, nothing really worth getting worked up about? Bit of a non event in my opinion bro.

[umhhppp]

I really do like this increase because I bought some yesterday and making a little profit from it rising almost $10 in the last 24 hours.

[rjclarke2000]

ok, anyone mind explain what the fuck is going on?

A $10 drop, nothing really worth getting worked up about? Bit of a non event in my opinion bro.

But it went up slightly and then dropped to below where we were.

[ImI]

ok, anyone mind explain what the fuck is going on?

no fckn idea

[ImI]

ok, anyone mind explain what the fuck is going on?

A $10 drop, nothing really worth getting worked up about? Bit of a non event in my opinion bro.

that doesnt look like a "non event"

[yefi]

A $10 drop, nothing really worth getting worked up about? Bit of a non event in my opinion bro.

You were saying...

[podyx]

This must be some insider selling...

[ImI]

This must be some insider selling...

you mean like the one we saw before the finex-hack?

[rjclarke2000]

I really do like this increase because I bought some yesterday and making a little profit from it rising almost $10 in the last 24 hours.

happy with that profit?? Wow! I'd say you are very easily pleased! Anyway it's down $5 now from yesterday.




Edit.


I spoke too soon. It's way down in seconds

[Ibian]

Buy time.

[umhhppp]

I really do like this increase because I bought some yesterday and making a little profit from it rising almost $10 in the last 24 hours.

happy with that profit?? Wow! I'd say you are very easily pleased! Anyway it's down $5 now from yesterday.




Edit.


I spoke too soon. It's way down in seconds

For $100 worth yes it is a profit for less it is not worth it.
Yes it going down now probably from all the buying that happened yesterday.

[yefi]

Assuming nothing major has happened, a cool-off like this may be a healthy correction for the next leg up.

[abercrombie]

is crypto done??  


"One small step for man, one giant leap for Bitc... "

[rjclarke2000]

Assuming nothing major has happened, a cool-off like this may be a healthy correction for the next leg up.

A cool off? We haven't gone up THAT much surely?

With pump and corrections like this we will all have our own islands by the year 2140.

[Fatman3001]

Assuming nothing major has happened, a cool-off like this may be a healthy correction for the next leg up.

A cool off? We haven't gone up THAT much surely?

With pump and corrections like this we will all have our own islands by the year 2140.

We will anyway, thanks to global warming.

[umhhppp]

Oh !!!!!!

Well that was a major dip just now I noticed too.
The profit for the amount that I bought yesterday has dropped to -13%.
Oh Well! It was nice thinking I got profit while it lasted for 10 hours.

[JayJuanGee]

Oh !!!!!!

Well that was a major dip just now I noticed too.
The profit for the amount that I bought yesterday has dropped to -13%.
Oh Well! It was nice thinking I got profit while it lasted for 10 hours.

There should be some excitement when we experience some price movement, no matter which direction especially when we had been experiencing extended periods of flat prices and fairly mediocre trade volume.

I don't see any major reason to get worked up regarding one bitcoin trade, unless you are attempting to play your bitcoin trades balls to the walls, which generally tends to be a bad strategy - unless you happen to be a whale who can kind manipulate prices.

Accordingly, let's say for example yesterday you had $1000 available that you could invest in bitcoin, and your view of bitcoin price was super bullish.  In those kinds of circumstances (depending also on the amount that you already had invested in bitcoin), you may have reasonably chosen to invest anywhere between $700 and $800 into bitcoin at $618 and then waited to see which way the price goes and have $200 to $300 available for further buying in the event that prices moved against your optimism (which just happened).