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

[spud21]

Ho-Ho we're moving up again.
Well that's nice but I doubt it will push us much further.Just another upwards swing, which a downwards swing will follow imo.
No reason to moon at the moment.
But the day will come.And then we're going to surpass moon easily!

Any idea why the ETF decision gets reviewed?
Maybe this is the reason we moved up? Buy the rumor?

BZX asked for a review and this was the SEC's reply.

"Pursuant to Rule 431 of the Rules of Practice,11 BZX's petition for review of the Disapproval Order is granted. Further, the Commission hereby establishes that any party to the action or other person may file a written statement in support of or in opposition to the Disapproval Order on or before May 15, 2017."

No doubt Stolfi will make another written statement in opposition to the ETF. There's no point in him bothering because the SEC is only granting a review for the sake of appearances. It's already made its decision.

I don't think the SECs review is the reason we are moving up.

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[Ibian]

There will soon be a drop to 1600. Possibly 1550, if we are very unlucky.

[Torque]

There will soon be a drop to 1600. Possibly 1550, if we are very unlucky.

[Wekkel]

Where is adamstgBit when you need him... 

[JayJuanGee]

Where is adamstgBit when you need him... 

I believe that he may be out killing some pot leafs, or something like that. 

[iCEBREAKER]

it's the chicken game of Bitcoin.

It's Chicken Little running around squawking about the sky falling

Speaking of chicken, what happened to your National Front logo?

The logo is back and will stay though the election.

Speaking of chicken, what happened to sAt0sHiFanClub shilling for BU and telling everyone on the forum how Core is dooooooomed?   

[julian071]

it's the chicken game of Bitcoin.

It's Chicken Little running around squawking about the sky falling

Speaking of chicken, what happened to your National Front logo?

The logo is back and will stay though the election.

Speaking of chicken, what happened to sAt0sHiFanClub shilling for BU and telling everyone on the forum how Core is dooooooomed?   

Shouldn't you be shilling for Monero? What, they didn't pay you?

[arklan]

where's this sign up for getting paid to talk up a certain perspective? i'm totally available! and look, i'm an old account. i have all sorts of inherent value. i'll shill, honest i will!

just pay up front.

(this is all a joke, btw. no one pays me for anything i say. i'm not that lucky.)

[spooderman]

where's this sign up for getting paid to talk up a certain perspective? i'm totally available! and look, i'm an old account. i have all sorts of inherent value. i'll shill, honest i will!

just pay up front.

(this is all a joke, btw. no one pays me for anything i say. i'm not that lucky.)

so.....your signature is your own company?

[steelboy]

where's this sign up for getting paid to talk up a certain perspective? i'm totally available! and look, i'm an old account. i have all sorts of inherent value. i'll shill, honest i will!

just pay up front.

(this is all a joke, btw. no one pays me for anything i say. i'm not that lucky.)

so.....your signature is your own company?

Burn 

[Ibian]

There will soon be a drop to 1600. Possibly 1550, if we are very unlucky.

#whycantwehaveboth.jpg

[Ibian]

where's this sign up for getting paid to talk up a certain perspective? i'm totally available! and look, i'm an old account. i have all sorts of inherent value. i'll shill, honest i will!

just pay up front.

(this is all a joke, btw. no one pays me for anything i say. i'm not that lucky.)

You are not that openly immoral.

[STT]

Huobi price chart, I think support at 7000 and resistance 7500 to beat.  March declining trend beaten, if we fail support meeting that old trend at 6600 would be a short term target to stabilise/observe price reaction

[dloghwak]

Huobi price chart, I think support at 7000 and resistance 7500 to beat.  March declining trend beaten, if we fail support meeting that old trend at 6600 would be a short term target to stabilise/observe price reaction

Who gives a fuck about Huobi?

[Torque]

Huobi price chart, I think support at 7000 and resistance 7500 to beat.  March declining trend beaten, if we fail support meeting that old trend at 6600 would be a short term target to stabilise/observe price reaction

Who gives a fuck about Huobi?

Iknowriiight? Had to endure for years the constant bullshit that China was leading the crypto market, and every other country was just following.

Then the wash trading and 100x margin stopped (along with withdrawals), and suddenly the Emperor Has No Clothes.

[xxxxxzzzzz]

Honestly I don't understand why we're not just absolutely plummeting here ... the only reason I can figure is finex isn't done fleecing everyone yet ... fuckin trading in china *all of china* is offline totally for all intents and purposes (which was supposedly where the bulk of the global trading demand was , proving it never was there in the first place , or at least isn't now , which should have resulted in a big drop but never did) , finex is screwed up in the opposite direction in a really scary way , causing a neverbeforeseenevenwithgox $300 differential in price , with other exchanges falling variously in between and all with major gaps respectively as well , I mean really at this point what is the correct real price ? anybody know ? i sure don't , i assume stamp is currently being considered "legitimate" but their price is inherently warped too with what the other exchanges are doing , meanwhile BU is at literally 48.6% support most currently and still absolutely a severe threat despite their bumbling of everything and motives , nothing's been approved in terms of any ETFs and won't be in all likelihood , there's been no substantive positive news benefiting BTC to base any sort of hype off of , and the market has gone up with no downside and no sideways stabilization from 900-almost 1300 in a matter of 1 month likely largely as a result of people fleeing finex / them using this opportunity to manipulate the market and screw their customers (again) , yeah no problem there we'll just go up on nothing but bad news 100 a week for the rest of the year I'm sure ... yeaaaaaahhh ... I mean comon right ? we all know what's happening next ... yeah it might very well go up some more (before it crashes) ... but yknow what ? i've seen shit like this happen before tooooo many times in bitcoin to think for even a moment it'll all turn out well from here pricewise in the short-medium term ... no thank you to chasing this ... they'll make something new up as a justification to crash it if they feel like they need to (but why even bother , pick a reason) ... they always do ... riiiight around these sorts of times ... probably whenever finex is done fucking the market and fleecing everyone to pay back their hack debt ... the timing will be impeccable I'm sure ... but will we hit 14 first ? on finex oh yeah they will maybe hit 15 too , they don't care to hide their actions now or how bad they look they'll take it to whatever # they need to to adequately fuck money out of the market , everyone else mmmmmmaybe 14 ... I've really never seen it THIS screwed up and with THIS high a price so anything is possible ...

[modsrocky]

Honestly I don't understand why we're not just absolutely plummeting here ... the only reason I can figure is finex isn't done fleecing everyone yet ... fuckin trading in china *all of china* is offline totally for all intents and purposes (which was supposedly where the bulk of the global trading demand was , proving it never was there in the first place , or at least isn't now , which should have resulted in a big drop but never did) , finex is screwed up in the opposite direction in a really scary way , causing a neverbeforeseenevenwithgox $300 differential in price , with other exchanges falling variously in between and all with major gaps respectively as well , I mean really at this point what is the correct real price ? anybody know ? i sure don't , i assume stamp is currently being considered "legitimate" but their price is inherently warped too with what the other exchanges are doing , meanwhile BU is at literally 48.6% support most currently and still absolutely a severe threat despite their bumbling of everything and motives , nothing's been approved in terms of any ETFs and won't be in all likelihood , there's been no substantive positive news benefiting BTC to base any sort of hype off of , and the market has gone up with no downside and no sideways stabilization from 900-almost 1300 in a matter of 1 month likely largely as a result of people fleeing finex / them using this opportunity to manipulate the market and screw their customers (again) , yeah no problem there we'll just go up on nothing but bad news 100 a week for the rest of the year I'm sure ... yeaaaaaahhh ... I mean comon right ? we all know what's happening next ... yeah it might very well go up some more (before it crashes) ... but yknow what ? i've seen shit like this happen before tooooo many times in bitcoin to think for even a moment it'll all turn out well from here pricewise in the short-medium term ... no thank you to chasing this ... they'll make something new up as a justification to crash it if they feel like they need to (but why even bother , pick a reason) ... they always do ... riiiight around these sorts of times ... probably whenever finex is done fucking the market and fleecing everyone to pay back their hack debt ... the timing will be impeccable I'm sure ... but will we hit 14 first ? on finex oh yeah they will maybe hit 15 too , they don't care to hide their actions now or how bad they look they'll take it to whatever # they need to to adequately fuck money out of the market , everyone else mmmmmmaybe 14 ... I've really never seen it THIS screwed up and with THIS high a price so anything is possible ...

youre right, a correction will come, but not under 980! 980 --> 1080 --> 1180

[K~Ehleyr]

My thoughts too but better expressed. I can't get excited about this price increase, I'm just waiting for the plop.

[york780]

My thoughts too but better expressed. I can't get excited about this price increase, I'm just waiting for the plop.

Than you wont be exited for quite some time.
Looks like you are shorting 

Deal with the 1400 USD trip.

100% hopium.

[simmo77]

My thoughts too but better expressed. I can't get excited about this price increase, I'm just waiting for the plop.

+1

I'm out now except for the first wallet of coins I mined waaaay back when it was still feasible to do so with graphics cards...

The shit is on-route to the fan IMO. Everyone can see it in mid air, everyone can see its trajectory. It might slide through without hitting the blades. It might get splattered all over the walls, floors and ceiling. Either way, it's interesting to watch.