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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 17993052 times)
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ft73
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January 11, 2017, 05:42:24 PM

Expecting a decent bounce up somewhere between 740$  and 757$.
Then we'll see.
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toknormal
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January 11, 2017, 05:43:35 PM


Remember - we don't know what's going on here. We don't know if it's real bitcoin that's being traded or not.

If you run an exchange it's a peice of cake to set yourself up a few hundred fake accounts, populate them with either BTC or Fiat "fake balances" and manipulate the price to kingdom come.

We don't know what the real supply/demand situation is. (In particular the "supply" bit).
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January 11, 2017, 05:44:01 PM


The next 2minutes are critical.
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January 11, 2017, 05:46:18 PM


The next 2minutes are critical.

rotfwl !  Cheesy
rjclarke2000
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January 11, 2017, 05:47:35 PM

Right I think I need to stop looking. Fuck sake
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January 11, 2017, 05:48:33 PM


Remember - we don't know what's going on here. We don't know if it's real bitcoin that's being traded or not.

If you run an exchange it's a peice of cake to set yourself up a few hundred fake accounts, populate them with either BTC or Fiat "fake balances" and manipulate the price to kingdom come.

We don't know what the real supply/demand situation is. (In particular the "supply" bit).


isn´t it weird that the exchanges that do charge a fee are profiting (big volume moves) from the clusterfuck the no-fee exchanges are causing right now?
TeeBone
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January 11, 2017, 05:50:25 PM

This is where the get-rich-johnny-come-latelys who bought at 1000+, panic sell.
rjclarke2000
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January 11, 2017, 05:51:03 PM

God knows how someone who hodls a huge amount is feeling. I have a reasonable amount and it hurts even though I don't trade or plan to sell anytime soon.
Killerpotleaf
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January 11, 2017, 05:51:29 PM

holy molly
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January 11, 2017, 05:52:48 PM


Get ready for the "temporary halt on withdrawals while we fix a technical glitch" notices followed by Scottish guys pitching their tents up around Exchange HQ with "give us our bitcoin back" plackards around their necks  Cheesy
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January 11, 2017, 05:53:49 PM

holy molly

The wise says: Just setup your trading bots accordingly, for gains >20% per trade.

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January 11, 2017, 05:53:53 PM

God knows how someone who hodls a huge amount is feeling. I have a reasonable amount and it hurts even though I don't trade or plan to sell anytime soon.

I don't have a vast amount but I feel nothing. I'm waiting until 2020 or so to see where we're at. I think by then it'll be clear enough whether Bitcoin has a long term future or not. Until then it's all short term adventures.

TeeBone
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January 11, 2017, 05:57:32 PM

God knows how someone who hodls a huge amount is feeling. I have a reasonable amount and it hurts even though I don't trade or plan to sell anytime soon.

I don't have a vast amount but I feel nothing. I'm waiting until 2020 or so to see where we're at. I think by then it'll be clear enough whether Bitcoin has a long term future or not. Until then it's all short term adventures.

Same here. I set aside a small percentage for trading, but the vast majority is in cold storage. I am going down with the ship, if btc goes bust. I might start selling a bit at 5K+
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January 11, 2017, 05:59:32 PM

Seeing how all the FUD spammers are having such a jolly time, maybe I should join in.



 Smiley Wink Cheesy Grin Cool
ft73
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January 11, 2017, 06:00:14 PM

Just one more leg down.


that would be a huge leg, though. 780 is a huge critical point.

this is where the bears have to blow all the powder.



750$, even high 600$ can't be ruled out imho.

So here we go.
I'm buying back all the way down from here (755$).
conspirosphere.tk
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January 11, 2017, 06:00:29 PM

God knows how someone who hodls a huge amount is feeling. I have a reasonable amount and it hurts even though I don't trade or plan to sell anytime soon.

Been there, done that a coupla times already in 2013. And hodling through that has been the most profitable thing I ever made in my life.  

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January 11, 2017, 06:00:33 PM

While this huge drop may seem like an opportunity, my gut intuition says we may be seeing some exchanges go belly up. I am keeping all my bitcoins under my own control for a while.

rjclarke2000
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January 11, 2017, 06:01:41 PM

Seeing how all the FUD spammers are having such a jolly time, maybe I should join in.



 Smiley Wink Cheesy Grin Cool


Are you still feeling happy jimbo? Buying them all up at these low prices?

If it drops more I may join you.
TeeBone
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January 11, 2017, 06:01:53 PM

Big bounce incoming.
ft73
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January 11, 2017, 06:02:15 PM

Expecting a decent bounce up somewhere between 740$  and 757$.
Then we'll see.

Here is the bounce.
755$ -> 780$ already.
Can go up to about 800$, but i guess it'll lose steam by then.
let's see.

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