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

[HairyMaclairy]

This is gentlemen

Good to see another Aussie around here - it's been ATH in AUD for a while now

Hey Simmo.  This feels good.  I have caught so much shit from my mates over the past two years about Bitcoin.  

[nanobtc]

How will this bull run effect/delay further the Gox/Kracken payout?

In the absence of updated info (and I have looked), I would guess "We need more time to study it".

I looked again, in the last few hours, Mark K has been answering Gox questions here. Get'em while they're hot.

[notme]

WTF is wrong with bitstamp?
China wants fomo but rest of western exchanges are not dooing much.

People are sleeping?

[Torque]

It's like Stamp just ran out of coins to sell 

[HairyMaclairy]

WTF is wrong with bitstamp?
China wants fomo but rest of western exchanges are not dooing much.

People are sleeping?

Seeing as it is 1pm in China I am going with 'no'

[coolbeans94]

RSI on the hourly flashing red flags. A healthy dip might be on the way.

naaa.. higher.

the dip was intercepted... sad story, dips are a thing of the past.

RSI on the hourly flashing red flags. A healthy dip might be on the way.

Maybe, but in times like these indicators go out the fuckin window. Just look at Bollinger's tweet about his shit being invalidated on the daily chart. Candlesticks are the only thing I'm looking at right now. Just gonna hold my longs until I see a big fucking red dildo rekking everyone, then sell the bounce.

Indicators are meaningless when the Chinese are just printing fiat money infinitely. You have to keep in mind the Chinese have been printing unlimited amounts of fiat at a faster pace than anyone else, but try to prevent it from leaving the country on the official fiat money exchange rates. They will try to maintain a fiat exchange rate fix as long as possible, so they maintain purchasing power, but it is really just like Monopoly money to them. Bitcoin/crypto may be a way of escape.

[notme]

WTF is wrong with bitstamp?
China wants fomo but rest of western exchanges are not dooing much.

People are sleeping?

Seeing as it is 1pm in China I am going with 'no'

Bitstamp is not in China.

[ZoSo15]

Fuck yeah coolbeans. That's part of the reason why the west is trading so much lower than China right now. Buy in China, sell in the west, buy real estate in Vancouver or some shit. Makes me glad I'm longing Chinese markets this time around lol. Seriously, same shit as 2013, just more liquidity and more players.

[HairyMaclairy]

WTF is wrong with bitstamp?
China wants fomo but rest of western exchanges are not dooing much.

People are sleeping?

Seeing as it is 1pm in China I am going with 'no'

Bitstamp is not in China.

Apologies misread the context !

[infofront]

Most people who book profit too early in a bubble end up being tempted to buy back in as they watch incredulously at a seemingly impossible rise. Even the great Newton wasn't immune to this.

There must have been people who sold at $140 at the start of the 2013 rally because the price had quickly doubled up from $70. Afterwards the best chance of buying back in they would get is at about $200 over a year later. 

I don't want to talk about how many I sold at $3 because the price had tripled.  I was going to be making huge profits on my GPU mining at $1, so there was no way $3 was sustainable.  

Sold my entire GPU mining stash at around $11 in 2011. I needed a new snowboard back then.

Still have that old board in my bag, I've upgraded since, it's the one I let my friends ride rather than them having to hire a board. I tell them it's worth over $100K AUD now.

i know the feels man.. I spent the 10~ coins I had back when I mined them aswell. Atleast I had .62 leftover for the first ath

I mined ~130 BTC back in the day. I thought I did well when I sold them near the peak of the 2012 ATH of ~$32.

[HairyMaclairy]

Here I am sitting in bitcointy watching Huobi repeatedly hit "All Time High"    It's quite addictive.

[PoolMinor]

WTF is wrong with bitstamp?
China wants fomo but rest of western exchanges are not dooing much.

People are sleeping?

https://www.youtube.com/watch?v=NIplgvEZtY0

[eddie13]

https://bitcoinwisdom.com/markets/coinbase/btcusd

coinbase taking off on its own now..

[Ibian]

Most people who book profit too early in a bubble end up being tempted to buy back in as they watch incredulously at a seemingly impossible rise. Even the great Newton wasn't immune to this.

There must have been people who sold at $140 at the start of the 2013 rally because the price had quickly doubled up from $70. Afterwards the best chance of buying back in they would get is at about $200 over a year later. 

I don't want to talk about how many I sold at $3 because the price had tripled.  I was going to be making huge profits on my GPU mining at $1, so there was no way $3 was sustainable.  

Sold my entire GPU mining stash at around $11 in 2011. I needed a new snowboard back then.

Still have that old board in my bag, I've upgraded since, it's the one I let my friends ride rather than them having to hire a board. I tell them it's worth over $100K AUD now.

i know the feels man.. I spent the 10~ coins I had back when I mined them aswell. Atleast I had .62 leftover for the first ath

I mined ~130 BTC back in the day. I thought I did well when I sold them near the peak of the 2012 ATH of ~$32.

I suddenly feel better about getting in late. Less about when you join, more about making a plan and following through.

[coolbeans94]

WTF is wrong with bitstamp?
China wants fomo but rest of western exchanges are not dooing much.

People are sleeping?

https://www.youtube.com/watch?v=NIplgvEZtY0

Or, this version!
Everyone Sleeping, while bitcoin Lion
https://www.youtube.com/watch?v=mwy5uqemp6c

[coolbeans94]

8,800 Incoming... I said it before, and say it again:

Indicators are meaningless when the Chinese are just printing fiat money infinitely. You have to keep in mind the Chinese have been printing unlimited amounts of fiat at a faster pace than anyone else, but try to prevent it from leaving the country on the official fiat money exchange rates. They will try to maintain a fiat exchange rate fix as long as possible, so they maintain purchasing power, but it is really just like Monopoly money to them. Bitcoin/crypto may be a way of escape.


8,800? I mean why not right?

[ZoSo15]

Yet another ascending wedge breaking up. Bitcoin, I love you so much.

Edit: Volume not very impressive.

[yrtrnc]

What's up bitstamps bum

[notme]

8,800 Incoming... I said it before, and say it again:

Indicators are meaningless when the Chinese are just printing fiat money infinitely. You have to keep in mind the Chinese have been printing unlimited amounts of fiat at a faster pace than anyone else, but try to prevent it from leaving the country on the official fiat money exchange rates. They will try to maintain a fiat exchange rate fix as long as possible, so they maintain purchasing power, but it is really just like Monopoly money to them. Bitcoin/crypto may be a way of escape.


8,800? I mean why not right?

Might as well go for 8888.

[E]

Stamp wall finally coming under pressure - heads up!