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

[mixan]

Heard coinbase got hacked?

https://community.coinbase.com/t/coinbase-was-hacked-and-they-are-lying-about-the-situation/13187/6

I knew there was something going on yesterday at approximately 16 hours ago.
https://bitcointalk.org/index.php?topic=1739451.msg17398547#msg17398547

But then some mod moved it to "Web wallets" when I originally posted it as a question in technical support. Then it would of been known before this price drop had happened.

[Igor M]

Let it fall down. Don`t buy till it is 800.

[Lauda]

But then some mod moved it to "Web wallets" when I originally posted it as a question in technical support. Then it would of been known before this price drop had happened.

You have posted it in the wrong section.

Fair enough. I was just wondering if this were false or true.

There is no information as far as I'm aware. Spreading that link will just cause further (unbased) panic.
Back to thread:

I like roller coasters.

That's pretty much how today has been. I'm still unsure what caused the 1 minute drop from $1100 to ~$900. Bitfinex seems to have unusually high volume.

[podyx]

Damn, this drop don't look good at all. And a double top aswell...

[Dafar]

Looks like the rally is over....  


See you guys in 3 years....  

[starmman]

There will be one more dump to about 700/650 and then it will go up again.

I hope you are right, if so, it will be good time to regroup and accumulate some more BTC at a cheaper rate. I've been accumulating alt coins over the rise and my BTC exchange funds are almost dry

[droizs]

Let it fall down. Don`t buy till it is 800.

I really don't think it will hit the 800$, so I'm buying at 950$ when I still can.

[Elwar]

Looking at the charts I was wondering why this rally didn't have one of those little dip things at the beginning. If this is it, price is going to be UUUGGGE

[Torque]

Coinbase 3 hrs ago:
"Sorry folks, due to high demand we're experiencing issues with our servers, there may be a multi-day delay in your bitcoin purchase."

Coinbase now:
"Oh would you look at that, your coins have been successfully delivered to your account. In record time too!"

 

[Kramerc]

Damn, this drop don't look good at all. And a double top aswell...

What double top?

China has broken the ATH by a mile, and they are the drivers of this market.

[Ibian]

Looking at the charts I was wondering why this rally didn't have one of those little dip things at the beginning. If this is it, price is going to be UUUGGGE

3 year cup and handle, several hundred dollar drop as the pre-rally-dip... I like it.

[Ibian]

Coinbase 3 hrs ago:
"Sorry folks, due to high demand we're experiencing issues with our servers, there may be a multi-day delay in your bitcoin purchase."

Coinbase now:
"Oh would you look at that, your coins have been successfully delivered to your account. In record time too!"

 

They actually did that?

[Fakhoury]

Is bitcoin dead yet?

Nope, I don't know why no one mention the HUGE CUP & HANDLE ON THE CHARTS.

Most probably now is that the handle is being created.

Guys, don't panic !!!

I'm trying to figure whatever my TA humble analysis is right or not.

[ft73]

Let it fall down. Don`t buy till it is 800.

I really don't think it will hit the 800$, so I'm buying at 950$ when I still can.

No hurry.
Unless 960-970$ gets broken any soon low 800$ is in the charts.

[K~Ehleyr]

Looking at the charts I was wondering why this rally didn't have one of those little dip things at the beginning. If this is it, price is going to be UUUGGGE

Well I hope the rally doesn't power back up again until tomorrow!  Today's fun and games has cost me all the fiat I had on Kraken... I've had to send more!  

[slap]

FYI i just succesfully sent a couple of btc from coinbase to polo
confirming took ages though...

[BTCtrader71]

FYI i just succesfully sent a couple of btc from coinbase to polo
confirming took ages though...

I just did a test btc withdrawal from coinbase. Broadcast and confirmed without a problem.

[Torque]

Coinbase 3 hrs ago:
"Sorry folks, due to high demand we're experiencing issues with our servers, there may be a multi-day delay in your bitcoin purchase."

Coinbase now:
"Oh would you look at that, your coins have been successfully delivered to your account. In record time too!"

 

They actually did that?

Not really, I'm just being facetious. I've heard from some Coinbase buyers that orders placed when the price is rising seem to have issues (and many time late cancellations days later), but when the price is falling, miraculously all their orders go through at zippy speeds.

Go figure.

[Searing]

Well I'm stunned...I actually dumped 3.6 btc at $1157 btc a couple hours before the dump. For once in my life I decided to play it safe
and pay the last of my knc liquidation miners off in full. Pay a buddy (who is somewhat miffed at me timing wise) ...1k was .87 btc or some such when I did this)

SAVED like 1000 with usd and a few bucks over using 947 btc rate. hmmm..I think the .87 was in addition to the 3.6 btc above..got it writ down back at work.
anyway what I got out of this run...was fun!
 
Not sure what to do now. I'm usually at the other end of this.

Should buy. But busted till the 10th

At some point in the future I will delete this msg and claim that it was all planned on my part ......

well anyway ....see what my cash flow is on the 10th and look at buying I guess....hope it comes back to above 1000

I also noted that yahoo finance and others who were ignoring the run up are all blasting how it went down ..typical the news made money selling eyeballs on the
way up and probably more $$$ on the way down...lots of crypto drama ...lots of ads (gag)

[ImI]

wow, china comes back to bitstamp-level completely it seems. stamp's the boss.