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

[JayJuanGee]

[edited out]

Is your offer to supply trading services only open to Bitstamp, or could I use those services for any BTC account that I have?

open an account on kraken with 1 BTC
my job will be simply
HODL!

no thanks, i have my fun with my trading account...

I know trading can be a lot of work... very time consuming if you attempt to keep track of orders on several accounts, especially if prices are moving a lot. 

I have not opened an account on Kraken, yet..   Any specific advantages to Kraken, besides maybe once in a while arbitrage opportunities?

[JayJuanGee]

Not to be a pessimist, but the chart pattern looks eerily similar to the one that formed back in June/July, just before Bitfinex got hacked.

Wouldn't be surprised if some similar shenanigans were being attempted with Stamp or some other major exchange right now, or over the next few weeks...

^{(again, not trying to be a downer... but surprises do happen, hope I'm wrong though)}

I think that I know the feeling... it's like if the market feels like it is going to go up.. and there is a bit of tension in the air that it should be going up.. but with bitcoinlandia, we never know about "surprises" that are in the background.

Right now, I have my BTC portfolio about a bit over allocated on the BTC side. In that regards, I am about 94.5% BTC rather than 93% BTC.... So, yeah, if the price goes down, then I feel a little bit more pressure to hold off on buying and to wait for greater drops (so that I do not run out of fiat), even though the situation could be worse.... We certainly, seem to be in a good situation at the moment (even if the price is lower $900s rather than mid $1,100s)

[Killerpotleaf]

the suspense is killing me.

[Killerpotleaf]

[yonton]

That's hilarious how it just broke up after that last post

[eddie13]

lol nice memes..

I was "trading" yesterday like ptsd fomo thinking it was going to go up, then thinking it was going to go down..
In the end I lost like 1% changing my mind too much and said screw it..

[JayJuanGee]

That's hilarious how it just broke up after that last post

Yeah... good touch Adam...

[Killerpotleaf]

loaded must be watching.

[eddie13]

[julian071]

Not sure if this was posted yet but better safe then sorry.

https://qz.com/881373/bitcoin-btc-price-crashed-because-of-notices-issued-by-the-peoples-bank-of-china/

[notme]

The lines on your 1 minute chart already broke.  Big surprise.

[eddie13]

They don't work every time..

[Karartma1]

Not to be a pessimist, but the chart pattern looks eerily similar to the one that formed back in June/July, just before Bitfinex got hacked.

Wouldn't be surprised if some similar shenanigans were being attempted with Stamp or some other major exchange right now, or over the next few weeks...

^{(again, not trying to be a downer... but surprises do happen, hope I'm wrong though)}

That is called history: we've seen too many exchanges exploding along the ride. The most infamous one was Mt.Gox and we all know about that.
But others got "hacked" or forced to die: Bter, Finex, Mintpal, Cryptsy......
We need to be watchful and follow the golden rule: control the keys.

Talking price it seems we are up and running today. Nice

[elrippo]

Just changed my DNS servers to custom instead of the ones given by my ISP and having access to bitstamp.net again. If you want to use them, feel yourself invited 

Code:

nameserver 192.71.245.208 #(ns1.it) -- 99.85% uptime
nameserver 178.17.170.67 #(ns1.md) -- 98.24% uptime
nameserver 217.12.210.54 #(ns2.ua) -- 98.60% uptime
nameserevr 5.9.49.12 #(ns24.de) -- 99.75% uptime

[Tzupy]

Not to be a pessimist, but the chart pattern looks eerily similar to the one that formed back in June/July, just before Bitfinex got hacked.

Wouldn't be surprised if some similar shenanigans were being attempted with Stamp or some other major exchange right now, or over the next few weeks...

^{(again, not trying to be a downer... but surprises do happen, hope I'm wrong though)}

Except that on the 30th June a small pump pushed the price up a bit, while the equivalent pump of today failed.

[JayJuanGee]

Not to be a pessimist, but the chart pattern looks eerily similar to the one that formed back in June/July, just before Bitfinex got hacked.

Wouldn't be surprised if some similar shenanigans were being attempted with Stamp or some other major exchange right now, or over the next few weeks...

^{(again, not trying to be a downer... but surprises do happen, hope I'm wrong though)}

Except that on the 30th June a small pump pushed the price up a bit, while the equivalent pump of today failed.

I think that you guys are talking about July/August (and not June/July) because the Bitfinex "hack" happened on August 2.

right?

[Tzupy]

Not to be a pessimist, but the chart pattern looks eerily similar to the one that formed back in June/July, just before Bitfinex got hacked.

Wouldn't be surprised if some similar shenanigans were being attempted with Stamp or some other major exchange right now, or over the next few weeks...

^{(again, not trying to be a downer... but surprises do happen, hope I'm wrong though)}

Except that on the 30th June a small pump pushed the price up a bit, while the equivalent pump of today failed.

I think that you guys are talking about July/August (and not June/July) because the Bitfinex "hack" happened on August 2.

right?

I am talking about June 30th to July 8th, when critical support was tested. We might test the current critical support later today and probably bounce from it.
When this little pump failed, a number of traders understood the bearish implications and dumped, so the equivalent of the period mentioned above may get truncated.

[Hunyadi]

It's dumping pretty hard...

[droizs]

I think this will create another panic sell  like last one... luckly i'm on my pc

[Tzupy]

It's dumping pretty hard...

Well, there was another reason for dumping, besides the pump failure, look at the chikun...