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

[RCan06]

Yea the bears get increasingly smaller stacks. Never forget:

Yeah, I remember going on bitstamp and watching that 30,000btc sell wall thinking wtf. Not sure how that would go over today...

[1714710302]

1714710302

[mymenace]

ingredients for market movement

Bitcoin goes on bull run

add some fud

find another coin to pump

add some more hype to other coin

play market signals fear v euphoria

euphoria of other coin reaches max

back into bitcoin

hype some more

all euphoria exhausted, dump



seems to be working well at the moment, more fud to come and hype on the other coin - fundamental trading speculation...

Fundamental trading is a method by which a trader focuses on company-specific events to determine which stock to buy and when to buy it.

[lemmyK]

http://in.reuters.com/article/us-bitcoin-etp-idINKBN16Z2HH?utm_campaign=trueAnthem:+Trending+Content&utm_content=58dafa2f04d30116137af4fa&utm_medium=trueAnthem&utm_source=twitter
SEC denies a second application to list bitcoin product

[jbreher]

buy it now with no stop and ride this crazy bull to 32,000$

thats what i always say.

Took me a while to figure it out -- so many fewer gratuitous misspellings. But now I am convinced.

[jbreher]

Ethereum might ''shine'' now but they aint smiling anymore when RSK is ready 

Bullish!

Good. RSK doing it in a better way than ETH - as an overlay layer. Especially since ETH suicided itself by proving that their implementation of 'the code is the law' was a bald-faced lie.

OTOH, pseudo-2-way-pegs. What ever could go wrong?

[jbreher]

this is what happpens when you try to load a >1MB block:

It was hilarious before you changed it, so I changed it back!

Thanks for the 'correction' Holliday. Touche'

(hey - at least I can laugh about it)

[etherparty]

http://in.reuters.com/article/us-bitcoin-etp-idINKBN16Z2HH?utm_campaign=trueAnthem:+Trending+Content&utm_content=58dafa2f04d30116137af4fa&utm_medium=trueAnthem&utm_source=twitter
SEC denies a second application to list bitcoin product

That was expected... Wondering if they keep submitting new bitcoin financial products eventually they'll win against the SEC!

[JayJuanGee]

buy it now with no stop and ride this crazy bull to 32,000$

thats what i always say.

Took me a while to figure it out -- so many fewer gratuitous misspellings. But now I am convinced.

Are you saying that you had doubts about whether KPL is our same loveable goofball, Adam?

Hahahahaha.. I wished they would give KPL administrative privileges over this thread so we could revert to some real chaos including the re-introduction of ambiguous and poorly worded polls.. and if we could get Richy_T back with his rage quitting Chartbuddy, we could truly return to olden days.

[jbreher]

and if we could get Richy_T back with his rage quitting Chartbuddy

ChartBuddy is alive and well over at That Other Place. Illustrating Bitcoin walls on an hourly basis, as ever. But you knew that already.

[JayJuanGee]

and if we could get Richy_T back with his rage quitting Chartbuddy

ChartBuddy is alive and well over at That Other Place. Illustrating Bitcoin walls on an hourly basis, as ever. But you knew that already.

Yeah, but we know that this is the "real" wall observer with the goofy adam who is no longer adam and the polls the poorly worded polls that no longer exist and the chart buddy that rage quitted.

You knew that already, no?   

[kurious]

and if we could get Richy_T back with his rage quitting Chartbuddy

ChartBuddy is alive and well over at That Other Place. Illustrating Bitcoin walls on an hourly basis, as ever. But you knew that already.

He could always turn up here under a new name like say ChartPotleaf and carry on posting.

[york780]

Looks like Ethereum finally going dow where it belongs. Just around the price of $10. Bitcoin isnt crashing so this means thaat we can see some ether money flowing into btc.

[JayJuanGee]

Looks like Ethereum finally going dow where it belongs. Just around the price of $10. Bitcoin isnt crashing so this means thaat we can see some ether money flowing into btc.

Even though I had already figured out that you are mostly a troll, you got me for a minute.

I actually went to the charts to look at Ethereum, and I realize that you are just attempting to some kind of reverse psychology misinformation, and I see that ETH still holding its own around $50 - could go up or could go down.

Another thing is that I thought that your evaluation of Ethereum at $10 was about 4x over valued, yet I understand with any of these cryptos, they are worth whatever folks are willing to pay for them... so it could take a while for ETH to gravitate towards such a lower pricing point - but you would think that sooner or later folks are going to realize the lack of there, there.  Wouldn't you think?

[york780]

Looks like Ethereum finally going dow where it belongs. Just around the price of $10. Bitcoin isnt crashing so this means thaat we can see some ether money flowing into btc.

Even though I had already figured out that you are mostly a troll, you got me for a minute.

I actually went to the charts to look at Ethereum, and I realize that you are just attempting to some kind of reverse psychology misinformation, and I see that ETH still holding its own around $50 - could go up or could go down.

Another thing is that I thought that your evaluation of Ethereum at $10 was about 4x over valued, yet I understand with any of these cryptos, they are worth whatever folks are willing to pay for them... so it could take a while for ETH to gravitate towards such a lower pricing point - but you would think that sooner or later folks are going to realize the lack of there, there.  Wouldn't you think?

Nah , Bitcoin FOMO game is strong right now. Altcoins are going to get rekt. I only wonder how long the whales can keep the price of ethereum on this level. Dash already colapsing. Ethereum is just going to be the next one.

[Cassius]

Nah , Bitcoin FOMO game is strong right now. Altcoins are going to get rekt. I only wonder how long the whales can keep the price of ethereum on this level. Dash already colapsing. Ethereum is just going to be the next one.

I'm wondering if Ethereum just had its April 2013 moment. I'd personally expect a collapse, though I'd never short it - too many surprises in crypto.

[york780]

Nah , Bitcoin FOMO game is strong right now. Altcoins are going to get rekt. I only wonder how long the whales can keep the price of ethereum on this level. Dash already colapsing. Ethereum is just going to be the next one.

I'm wondering if Ethereum just had its April 2013 moment. I'd personally expect a collapse, though I'd never short it - too many surprises in crypto.

You are right. It looks like a new trend in the atcoins is going on, the bitcoin fork FUD pushes bitcoin look-a-like crypto's to the moon. Pump&dump style. Yesterday bitcoinplus, now Bytecoin. Also bitcoindark pumped. I am almost sure that bitcoin21 will be the next one to pump&dump with 300%. So if you like high risk short termed investment i would put my money in this one. But i would never risk such a thing, it would be madness  .

[Cassius]

Nah , Bitcoin FOMO game is strong right now. Altcoins are going to get rekt. I only wonder how long the whales can keep the price of ethereum on this level. Dash already colapsing. Ethereum is just going to be the next one.

I'm wondering if Ethereum just had its April 2013 moment. I'd personally expect a collapse, though I'd never short it - too many surprises in crypto.

You are right. It looks like a new trend in the atcoins is going on, the bitcoin fork FUD pushes bitcoin look-a-like crypto's to the moon. Pump&dump style. Yesterday bitcoinplus, now Bytecoin. Also bitcoindark pumped. I am almost sure that bitcoin21 will be the next one to pump&dump with 300%. So if you like high risk short termed investment i would put my money in this one. But i would never risk such a thing, it would be madness  .

Think I'll pass.
Money tends to move down the pyramid, from BTC to big alts (ETH, DASH), mid-size ones, and then the P&D vehicles. Yesterday's BTCD pump is the perfect example - it's been swapped out for another coin now, so BTCD itself has low available supply and is thinly traded.
So now we're at the bottom of the pyramid, which means there's nowhere left to go downwards. It's back to BTC or fiat from here.

[york780]

Nah , Bitcoin FOMO game is strong right now. Altcoins are going to get rekt. I only wonder how long the whales can keep the price of ethereum on this level. Dash already colapsing. Ethereum is just going to be the next one.

I'm wondering if Ethereum just had its April 2013 moment. I'd personally expect a collapse, though I'd never short it - too many surprises in crypto.

You are right. It looks like a new trend in the atcoins is going on, the bitcoin fork FUD pushes bitcoin look-a-like crypto's to the moon. Pump&dump style. Yesterday bitcoinplus, now Bytecoin. Also bitcoindark pumped. I am almost sure that bitcoin21 will be the next one to pump&dump with 300%. So if you like high risk short termed investment i would put my money in this one. But i would never risk such a thing, it would be madness  .

Think I'll pass.
Money tends to move down the pyramid, from BTC to big alts (ETH, DASH), mid-size ones, and then the P&D vehicles. Yesterday's BTCD pump is the perfect example - it's been swapped out for another coin now, so BTCD itself has low available supply and is thinly traded.
So now we're at the bottom of the pyramid, which means there's nowhere left to go downwards. It's back to BTC or fiat from here.

Thats true, fully. But those bitcoin look-a-like crypto's are some exeptions as a result of the fork FUD. But they only pump once, no floor.

[Ted E. Bare]

Starting from what price point are moon picks appropriate again?

[york780]

Starting from what price point are moon picks appropriate again?

$1080 means that the bearish momentum is broken. $1225,34 means that we are going to test ATH again. It will take some more time tho.