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

[gembitz]

You can't fight the futur.
And will brake the wall ... really, really hard the next time.

BTCTC+ $1000!! WEEEEEEEE!! :-D

[JayJuanGee]

His posts pissed me off after a while. An educated (but incorrect) troll is not a good troll.

It wasn't his point of view that annoyed me, it was his complete and utter lack of interest in acknowledging any other point of view. When someone's that entrenched they should be given their own forum so they can talk to themselves as no one else has anything to offer them.

He was "above" all of you. Did you not know that? Dear dear

Actually, that was part of his problem, also.

Sure, he was nice enough and polite enough about matters - yet at the same time, he attempted a projection of real world status, rather than substance... so in that regard, some reliance on status really was a distraction from  his lack of material and meaningful substance.

[Ted E. Bare]

Wild theory: people getting their money off the Chinese exchanges and joining Bitstamp/Bitfinex/Kraken?
Western exchanges are approaching 1000$ with the Chinese stuck at lower prices.

[Killerpotleaf]

Wild theory: people getting their money off the Chinese exchanges and joining Bitstamp/Bitfinex/Kraken?
Western exchanges are approaching 1000$ with the Chinese stuck at lower prices.

that wild theory might explain this.

https://twitter.com/cnLedger/status/830244903032549376

Exchanges with "more normal" withdraw services are priced hundreds Yuan higher.

[Omikifuse]

Chinese exchanges stop withdraws and the market goes down by less than $100

Almost perfect

[d5000]

Wild theory: people getting their money off the Chinese exchanges and joining Bitstamp/Bitfinex/Kraken?
Western exchanges are approaching 1000$ with the Chinese stuck at lower prices.

that wild theory might explain this.

Exchanges with "more normal" withdraw services are priced hundreds Yuan higher.

Might be true, but I blame the (understandable) dump on Huobi/Okcoin yesterday ("get out of inverseGoxOKcBTC") for the differences, not so much the buys at Bitstamp/Finex.

Chinese exchanges stop withdraws and the market goes down by less than $100

To be exact, only two of them stopped withdrawals, so it wasn't something very dramatic, but we know that in other times market would have reacted much more violently. That's positive - volatility is going down.

[podyx]

The drop to 970 was the first I noticed.... Despite feeling deflated, I decided to NOT read this thread as part of me thought we'd drop to the 700s and didn't want to exacerbate my pain with Doooooomsayers!!!. I woke up to see we're still there. I haven't sold any I have no plans to. I'm a bit gutted I didn't buy a holiday with Bitcoin yesterday (which is still a plan... but now the holiday is more expensive).

Bitcoin exists to prevent the very problem that we are experiencing now: Someone else telling you what you can and can't do with your money! In reality this should be driving th price up. Not down!

True. We should be above 1030 within 5 days.

There was serious demand building and chinese aint the only ones buying.

Market seems to be on hold to see how serious the news really was

Get yourself some historic 3 digit coins before we headed to the 5 digit region.

[pooya87]

was that it? we are already above $1000 again!

to be honest i was expecting a much longer time below $1000 and playing around in $920-950 range. but it seems like price doesn't like staying low in the 3 digits anymore!

[Ted E. Bare]

3-Digits is from the past, only user MinorPool waiting for it. Adam was right with his predictions.

[HI-TEC99]

The market strength is incredible. It looks like things could really begin to snowball and blow this wide open.
Time to cinch it up and hunker down.

The market's had so many dumps after FUD news that all the traders are getting hardened out to it. Each time China bans Bitcoin the dumps get smaller and briefer.

[Karartma1]

It's not China anymore: according to CoinGecko Japan is paving the way now

Exchange              Pair   Price             Volume (BTC)   Volume %
Quoine              BTC/JPY   111,165 JPY          22.963                   19%
Okcoin              BTC/CNY   6,801 CNY             18.801                   16%
Bitfinex              BTC/USD   1,004 USD             18.689                   16%
Btcchina              BTC/CNY   6,800 CNY             12.502                   10%
Kraken              BTC/EUR   948 EUR             9.531                   8%
Bitstamp              BTC/USD   1,006 USD             9.340                   8%
Btc-e                      BTC/USD   993 USD             7.208                   6%
Quoine              BTC/USD   967 USD             4.391                   3%
Itbit                      BTC/USD   1,007 USD             3.489                   2%
Kraken              BTC/USD   1,012 USD             2.453                   2%

https://www.coingecko.com/en/coins/bitcoin/trading_exchanges

[bitebits]

Wild theory: people getting their money off the Chinese exchanges and joining Bitstamp/Bitfinex/Kraken?
Western exchanges are approaching 1000$ with the Chinese stuck at lower prices.

that wild theory might explain this.

https://twitter.com/cnLedger/status/830244903032549376

Exchanges with "more normal" withdraw services are priced hundreds Yuan higher.

But these exchanges don't support CNY right? And it is the bitcoin withdrawals that are halted.

[rjclarke2000]

800's soon

Can't stop watching that gif. Brutal

[prophetx]

800's soon

i really hope so i need to unload a lot of shitcoins

[Lauda]

There's a great website to watch the price move up and down along with the roller-coaster guy: https://rollercoasterguy.github.io/

[JayJuanGee]

800's soon



[https://i.imgur.com/bb5bypT.gif[/img]

Apparently, you are not happy with the 17% correction and the subsequent recovery....

That was it, that was the correction.. but no, you, PoolMinor, apparently want more.. wish wish wish.. and try to act like you know something.


Seems like we are going up again... Really hard to know how far we are going to go this time.

I will grant you that if we get another test of the ATH and it fails, then $800s could be possible for the next correction.. but the odds still do not seem to be as great as you seem to be giving in that direction..   You are acting as if the odds are greater than 50% and you are kind of denying the current upwards price movement, and seem to be acting as if it is some kinds of unsupported upwards pressure.. .which really does not seem to be ther current price dynamics that we are experiencing... .. we seem to have a decent chance to go into the $1070 to $1180 range again.. and let's see if we break through it  this time? 

At this time, that breaking through this time I would maybe give less than 50% chance.. but it is really hard to know, and when we see it, there could be a change of heart and mind.

[PoolMinor]

800's soon



[https://i.imgur.com/bb5bypT.gif[/img]

Apparently, you are not happy with the 17% correction and the subsequent recovery....

That was it, that was the correction.. but no, you, PoolMinor, apparently want more.. wish wish wish.. and try to act like you know something.


Seems like we are going up again... Really hard to know how far we are going to go this time.

I will grant you that if we get another test of the ATH and it fails, then $800s could be possible for the next correction.. but the odds still do not seem to be as great as you seem to be giving in that direction..   You are acting as if the odds are greater than 50% and you are kind of denying the current upwards price movement, and seem to be acting as if it is some kinds of unsupported upwards pressure.. .which really does not seem to be ther current price dynamics that we are experiencing... .. we seem to have a decent chance to go into the $1070 to $1180 range again.. and let's see if we break through it  this time?  

At this time, that breaking through this time I would maybe give less than 50% chance.. but it is really hard to know, and when we see it, there could be a change of heart and mind.

You really come off as a bit of an insecure goofball that you feel like you need to be right instead of just sharing information with folks in this thread and agreeing to have differing opinions.  

Edit:
This is why I said in a self moderated post (self-deleted) that readers on this thread seem to fail to actually read what I typed, instead of jumping to some grandiose conclusions. My timeline for these events are not as rushed as some people here want to believe. The pictures I have provided both Bull scenarios and Bear scenarios have been over 80% correct; all the Doji patterns I have posted. The c+h patterns haven't been correct as often I will concede though. The dates I posted in 2015 and 2016 were spot on. Yet everyone here seems to think that if you are against the bull scenario you must be spreading hate and FUD.
I sell on the way up and buy on the way down, I just like to be prepared and thought others here would like some of my insight.


99% chance!

[swogerino]

Chinese exchanges stop withdraws and the market goes down by less than $100

Almost perfect

It does sound like a fairy tale doesn't it?
With a happy ending now we are living in with the price now over $1000 and nicely rising ever slightly every passing hour.

I do think it is the ETF is to blame for this one.

[Cassius]

Chinese exchanges stop withdraws and the market goes down by less than $100

Almost perfect

It does sound like a fairy tale doesn't it?
With a happy ending now we are living in with the price now over $1000 and nicely rising ever slightly every passing hour.

I do think it is the ETF is to blame for this one.

Is it possible that the Chinese exchanges have been faking volumes even since the last talk with PBoC, which resulted in them starting to charge fees? That would help explain why this week's PBoC intervention hasn't had much of an impact.

[swogerino]

Chinese exchanges stop withdraws and the market goes down by less than $100

Almost perfect

It does sound like a fairy tale doesn't it?
With a happy ending now we are living in with the price now over $1000 and nicely rising ever slightly every passing hour.

I do think it is the ETF is to blame for this one.

Is it possible that the Chinese exchanges have been faking volumes even since the last talk with PBoC, which resulted in them starting to charge fees? That would help explain why this week's PBoC intervention hasn't had much of an impact.

I must agree with you on this one. Those Chinese were just trying to trick the West into believing what they want them to believe with more smoke and mirrors to get them in their own clutches for whatever reasoning they have.
I believe what will keep the price stable now is the announcement of the ETF by the Winklevoss's and what that could reap for bitcoin by the ones that are not totally convinced of BTC as a viable option to compete with other fiat and assets like gold and silver for that matter.
We will just have to wait and see what the SEC has to say now.
Nay or yey!