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

[Gillette]

Shame adam went, we need a new poll - Predict the price on Christmas Day
I hope to see something like 800 USD.

You can open a new poll yourself.

[Pai Mei]

Shame adam went, we need a new poll - Predict the price on Christmas Day
I hope to see something like 800 USD.

after or before the Christmas dump?

[PAMPT]

Calm down lets crave some profit outta this little dip.

I see a nice bumpy ride to 900 happening over the next few weeks.

Hell making money has never been that easy.

[JimboToronto]

Good AM Bitcoinland.

No surprises this morning. We're about halfway back from yesterdays little correction/profit-taking... $745USD/$1000CAD according to Bitcoinaverage.

Yesterday's red candle was a bit on the tall side but it was still appreciably shorter than the green candle 4 days earlier.

I hope everyone added coins to their stashes. The $975CAD I paid yesterday was by far the most I ever paid but I want to keep accumulating and it might have been my last chance to buy for less than a grand. It was $1025 just hours earlier.

My condolences to anyone who sold.

[Karartma1]

I was out for the dump. It didn't affect me.
It would be nice to know more about the last trends but, hey,  we have good support apparently.
That is enough for the time being.
The markets are going to be shaken once again so better to hold now during the storm preparation.

[Temp_JayJuanGee]

ascending wedges now on the chinese exchanges. this was the pattern seen on stamp right before the dump

Yes, you can keep hoping all that you want, but it may be better to just take the loss at this point, and close your shorts, no?

Who sold at the bottom?

Two great traders Matthecat and ask sold at the bottom 

Don't forget about calme, though I am sure calme will figure out a way to change his story when his shorts get r3ckt

[JimboToronto]

Who sold at the bottom?

Two great traders Matthecat and ask sold at the bottom 

Don't forget about calme, though I am sure calme will figure out a way to change his story when his shorts get r3ckt

How about Kwuk? He sold for $10 and has been in a state of denial ever since, chanting his mantra of sell-sell-sell/dump/short.

He couldn't have sold at yesterdays bottom though. If you aint got nuthin' you got nuthin' to dump. 

[Temp_JayJuanGee]

Who sold at the bottom?

Two great traders Matthecat and ask sold at the bottom  

Don't forget about calme, though I am sure calme will figure out a way to change his story when his shorts get r3ckt

How about Kwuk? He sold for $10 and has been in a state of denial ever since, chanting his mantra of sell-sell-sell/dump/short.

He couldn't have sold at yesterdays bottom though. If you aint got nuthin' you got nuthin' to dump.  

Yeah.   That is be called:  Butthurt.   


There seems to be quite a bit of irony when folks come into threads like this and try to get others to either sell or to short, and certainly, I don't have any problem with taking various kinds of trading strategies, including shorting and selling or even making various arguments regarding the price direction of bitcoin.

Likely a large number of shorters and sellers did pretty well through 2014 and about half of 2015, but since about August 2015, shorters and sellers would have needed to be very strategic (and maybe even lucky) with their strategies to bet against bitcoin because the significantly more profitable strategy would have been some form of BTC holding and/or accumulation, especially when you consider that the increase in BTC prices during that period has resulted in a pretty solid 3x increase in value.  

Sure some folks are going to continue to suggest that we are in a kind of BTC price bubble, but if you really look at BTC in a broader context, including a lot of the networking effects going on that are also demonstrated in the ongoing upwards hash rate (that is contrary to what a lot of the bitcoin naysayers were asserting around the halvening), there continues to be considerable demand for actual BTC on a world-wide basis and never before seen immutable decentralized abilities to hold and transfer value.  WOHAZA!!!!!

Pee pare yourselves for continuing to get R3CKT, shorters.  

[DaRude]

Hello Mr BTC2500 ask wall @ $740 on Finex. Wait are we still doing this wall thing?

[Andre#]

Big dumps about to happen in aprox 3-4 hours 680 incoming

Until they didn't.

[Temp_JayJuanGee]

Hello Mr BTC2500 ask wall @ $740 on Finex. Wait are we still doing this wall thing?

Currently, I see 2,611 BTC at $740 on bitfinex.  Will be interesting to see how long that wall lasts, and whether it gets eaten into, pulled or causes a price reversal.

[Chef Ramsay]

Hello Mr BTC2500 ask wall @ $740 on Finex. Wait are we still doing this wall thing?

Currently, I see 2,611 BTC at $740 on bitfinex.  Will be interesting to see how long that wall lasts, and whether it gets eaten into, pulled or causes a price reversal.

Most likely will be pulled once refueling expectations have been met.

[DaRude]

Hello Mr BTC2500 ask wall @ $740 on Finex. Wait are we still doing this wall thing?

Currently, I see 2,611 BTC at $740 on bitfinex.  Will be interesting to see how long that wall lasts, and whether it gets eaten into, pulled or causes a price reversal.

Most likely will be pulled once refueling expectations have been met.

POOF aand pulled

[Temp_JayJuanGee]

Hello Mr BTC2500 ask wall @ $740 on Finex. Wait are we still doing this wall thing?

Currently, I see 2,611 BTC at $740 on bitfinex.  Will be interesting to see how long that wall lasts, and whether it gets eaten into, pulled or causes a price reversal.

Most likely will be pulled once refueling expectations have been met.

Almost as soon as we commented on it,

"AND,

It's gone."  (Edit, and DaRude beat me too it...  )


Could have been a demonstration of power?

It would have been nice to have seen a decent chunk of that wall eaten into.

[Chef Ramsay]

Hello Mr BTC2500 ask wall @ $740 on Finex. Wait are we still doing this wall thing?

Currently, I see 2,611 BTC at $740 on bitfinex.  Will be interesting to see how long that wall lasts, and whether it gets eaten into, pulled or causes a price reversal.

Most likely will be pulled once refueling expectations have been met.

POOF aand pulled

https://www.youtube.com/watch?v=Gsf4vhK7v7E

[600watt]

https://web.archive.org/web/20160301100841/http://www.networkworld.com/article/3005308/security/hacktivists-claim-isis-terrorists-linked-to-paris-attacks-had-bitcoin-funding.html


wtf? missed that fud.

[marcus_of_augustus]

dragon opens one eye ...

[toknormal]

What happened to bitcoinchannel.com ?

The principal rolling newsfeed for all bitcion related stuff ? I got all my news about everything from there.

I'm now in the dark.

[Fakhoury]

What happened to bitcoinchannel.com ?

The principal rolling newsfeed for all bitcion related stuff ? I got all my news about everything from there.

I'm now in the dark.

What about trying this combaination : reddit + news.hodlhodl + twitter ?

[unknown04]

All we need is 1% of Indians to buy some bitcoin and we will see USD1k again... 

https://cointelegraph.com/news/with-one-percent-of-indians-investing-money-into-bitcoin-its-price-can-reach-1000-by-the-end-of-2016