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

[Coinnosaurus]

Looks like are heading for a correction

You have been warned

Thanks, you are already short like the other 60%? Those fools

yep , I will buy your coins at the discount ,keep holding  

[bitserve]

Looks like are heading for a correction

There is a LOT of money now in altcoins market that can move back to Bitcoin almost instantly at any dip/correction. So I wouldn't expect anything big downwards. On the other hand, a rally is within the reasonable if/after ATH is broken clearly.

[Meuh6879]

All world want this ... except whales that they SELL :

[bitserve]

All world want this ... except whales that they SELL :

What analysis technique are you using there? What's that circles thing? I would like to read some about it.

[Meuh6879]

Circles : magnitude of disaster.

(balls of sellers and buyers ... vs. time of recovery).

[Punisher1314]

I have a feeling that bitcoin will go up to 1400... what do you guys think ?

I have a feeling you need to be mentally insane to buy bitcoin with a $300 spread with China and $100 spread between ScamFinex and everywhere else.  You see Adam pop in and out of here cheerleading the carnage but you know damn well he's not buying right now lol.  This market is a trainwreck.  What the hell am I even looking at?  A $20-$25 spread used to mean "welp, that's it for this pump, time for the crash".  Now it's just Bernie Madoff/Gox style scam spreads everywhere and people don't even seem to care.

Can't wait to see what excuse the exchanges come up with when this thing blows up:

You are perfectly right.

Similar situation full of disbalances however did not prevent bubble back in 2013   and majority of investors here have gambling streak. So the rise will only run its course until it exhausts itself on major resistance or Finex goes bankrupt. Whatever comes first. 1500 is reasonable price to close our position and wait for the reckoning.

you guys' FUD pretty funny and outlandish.

Not gonna work though, sorry.

Try again, lol.

As far as I know, bitfinex and poloniex are not showing their prices in USD. They are showing their prices in USDT, everybody can see that in the news section of bitfinex explained better than i am trying (tether or USDT is another crypto that tries to be 1:1 with USD), so if you check the price of tether: 0.928147 USD right now and you do the maths, you will see that the price of BTC in these exchanges is theter based. So that is not a problem of weird spreads announcing doom. China is another history, but that is nothing new lol.

[Paashaas]

Even JPMorgan Chase & Co leaves blockchain Bankster consortium R3 

Sure, they and everybody can create there own scamcoin Blockchain np, but if it works will be the 2e question. As predicted a few years ago..NO it wil not work like that 

http://www.reuters.com/article/us-jpmorgan-r-idUSKBN17T2T4?utm_campaign=trueAnthem:+Trending+Content&utm_content=590247e604d30158f3109a7a&utm_medium=trueAnthem&utm_source=twitter

[European Central Bank]

I have a feeling that bitcoin will go up to 1400... what do you guys think ?

I have a feeling you need to be mentally insane to buy bitcoin with a $300 spread with China and $100 spread between ScamFinex and everywhere else.  You see Adam pop in and out of here cheerleading the carnage but you know damn well he's not buying right now lol.  This market is a trainwreck.  What the hell am I even looking at?  A $20-$25 spread used to mean "welp, that's it for this pump, time for the crash".  Now it's just Bernie Madoff/Gox style scam spreads everywhere and people don't even seem to care.

Can't wait to see what excuse the exchanges come up with when this thing blows up:

You are perfectly right.

Similar situation full of disbalances however did not prevent bubble back in 2013   and majority of investors here have gambling streak. So the rise will only run its course until it exhausts itself on major resistance or Finex goes bankrupt. Whatever comes first. 1500 is reasonable price to close our position and wait for the reckoning.

you guys' FUD pretty funny and outlandish.

Not gonna work though, sorry.

Try again, lol.

As far as I know, bitfinex and poloniex are not showing their prices in USD. They are showing their prices in USDT, everybody can see that in the news section of bitfinex explained better than i am trying (tether or USDT is another crypto that tries to be 1:1 with USD), so if you check the price of tether: 0.928147 USD right now and you do the maths, you will see that the price of BTC in these exchanges is theter based. So that is not a problem of weird spreads announcing doom. China is another history, but that is nothing new lol.

Do you really think bitfinex would be the world's biggest exchange if every dollar there was a usdt joke token?

The price is because real dollars aren't going in or out.

Hopefully you have a little more comeback when they go belly up with real dollars but I'll believe it when I see it.

Only poloniex is pure usdt.

[Punisher1314]

I have a feeling that bitcoin will go up to 1400... what do you guys think ?

I have a feeling you need to be mentally insane to buy bitcoin with a $300 spread with China and $100 spread between ScamFinex and everywhere else.  You see Adam pop in and out of here cheerleading the carnage but you know damn well he's not buying right now lol.  This market is a trainwreck.  What the hell am I even looking at?  A $20-$25 spread used to mean "welp, that's it for this pump, time for the crash".  Now it's just Bernie Madoff/Gox style scam spreads everywhere and people don't even seem to care.

Can't wait to see what excuse the exchanges come up with when this thing blows up:

You are perfectly right.

Similar situation full of disbalances however did not prevent bubble back in 2013  and majority of investors here have gambling streak. So the rise will only run its course until it exhausts itself on major resistance or Finex goes bankrupt. Whatever comes first. 1500 is reasonable price to close our position and wait for the reckoning.

you guys' FUD pretty funny and outlandish.

Not gonna work though, sorry.

Try again, lol.

As far as I know, bitfinex and poloniex are not showing their prices in USD. They are showing their prices in USDT, everybody can see that in the news section of bitfinex explained better than i am trying (tether or USDT is another crypto that tries to be 1:1 with USD), so if you check the price of tether: 0.928147 USD right now and you do the maths, you will see that the price of BTC in these exchanges is theter based. So that is not a problem of weird spreads announcing doom. China is another history, but that is nothing new lol.

Do you really think bitfinex would be the world's biggest exchange if every dollar there was a usdt joke token?

The price is because real dollars aren't going in or out.

Hopefully you have a little more comeback when they go belly up with real dollars but I'll believe it when I see it.

Only poloniex is pure usdt.

I agree, Bitfinex is a "sleeping" exchange, and it can not be considered a real BTC/USD price indicator right now, and of course i dont have any fund waiting there.

USD can not be withdraw from there, but you can do it with USDT, so the price is forced to be based in USDT. What i mean with all this stuff is bitfinex is not going to doom bitcoin with this way, because you can move your coins to another exchange and trade them for real USD. So this is not the same than chinese exchanges where every few time you were not allowed to withdraw ANYTHING, causing the other markets to crash as hell.

[JayJuanGee]

I have a feeling that bitcoin will go up to 1400... what do you guys think ?

I have a feeling you need to be mentally insane to buy bitcoin with a $300 spread with China and $100 spread between ScamFinex and everywhere else.  You see Adam pop in and out of here cheerleading the carnage but you know damn well he's not buying right now lol.  This market is a trainwreck.  What the hell am I even looking at?  A $20-$25 spread used to mean "welp, that's it for this pump, time for the crash".  Now it's just Bernie Madoff/Gox style scam spreads everywhere and people don't even seem to care.

Can't wait to see what excuse the exchanges come up with when this thing blows up:

You are perfectly right.

Similar situation full of disbalances however did not prevent bubble back in 2013  and majority of investors here have gambling streak. So the rise will only run its course until it exhausts itself on major resistance or Finex goes bankrupt. Whatever comes first. 1500 is reasonable price to close our position and wait for the reckoning.

you guys' FUD pretty funny and outlandish.

Not gonna work though, sorry.

Try again, lol.

As far as I know, bitfinex and poloniex are not showing their prices in USD. They are showing their prices in USDT, everybody can see that in the news section of bitfinex explained better than i am trying (tether or USDT is another crypto that tries to be 1:1 with USD), so if you check the price of tether: 0.928147 USD right now and you do the maths, you will see that the price of BTC in these exchanges is theter based. So that is not a problem of weird spreads announcing doom. China is another history, but that is nothing new lol.

Do you really think bitfinex would be the world's biggest exchange if every dollar there was a usdt joke token?

The price is because real dollars aren't going in or out.

Hopefully you have a little more comeback when they go belly up with real dollars but I'll believe it when I see it.

Only poloniex is pure usdt.

I agree, Bitfinex is a "sleeping" exchange, and it can not be considered a real BTC/USD price indicator right now, and of course i dont have any fund waiting there.

USD can not be withdraw from there, but you can do it with USDT, so the price is forced to be based in USDT. What i mean with all this stuff is bitfinex is not going to doom bitcoin with this way, because you can move your coins to another exchange and trade them for real USD. So this is not the same than chinese exchanges where every few time you were not allowed to withdraw ANYTHING, causing the other markets to crash as hell.

I just looked at my Bitfinex account, and I noticed that there is a Tether option in the withdrawal link.

I had never noticed that option before.

Does anyone know when Bitfinex added that Tether option?

Apparently, at this time, my Bitfinex account is not verified enough for me to be able to use the Tether withdrawal feature.

[tk3609]

Looks like are heading for a correction

There is a LOT of money now in altcoins market that can move back to Bitcoin almost instantly at any dip/correction. So I wouldn't expect anything big downwards. On the other hand, a rally is within the reasonable if/after ATH is broken clearly.

I'm not denying that we are still in an uptrend, just pointing that we have topped for now. And we shall see where the correction will lead us.

[JimboToronto]

Good morning Bitcoinland. Another day, another ATH.

This one was accompanied by a nice little correction, all the way down to $1300 and halfway back already... currently $1326USD (Bitcoinaverage).

Good to see it correcting as it goes and not running away into a bubble. Slow and steady, onward and upward. Time to properly pass $1350.

Go Bitcoin go.

[roslinpl]

Holy molly!

xD

It looks like a starship control screen xD  xD

So .. to the moon! xD

[podyx]

BTC dominance over alts down to only 62.7%. It was around 68% just a few days ago...

[JayJuanGee]

BTC dominance over alts down to only 62.7%. It was around 68% just a few days ago...

and.....

Frequently this point is raised as if it were some kind of earth shattering revelation, and in the end, it does not seem to be a major point, right?

Let's assume hypothetcally, that Ethereum or one of the other coins takes a real major dominance over bitcoin - for example Ethereum may be one of the best  examples.  Let's say that Ethereum 10x from here, but Bitcoin stays the same.  Then Ethereum would have about a 2.5x market cap higher than Bitcoin - yet what does that tell us about the fundamentals of Ethereum - Ethereum still would have a lot of it's same fundamental flaws of centralization, no, and lack of security, no?

I will concede, that it would tell us that there is a lot of money going into the Ethereum space - but so fucking what?  Governments and banking shills have all kinds of money that they are able to spend to attempt to undermine bitcoin with various smoke and mirrors, vaporware and distractions.

[york780]

BTC dominance over alts down to only 62.7%. It was around 68% just a few days ago...

and.....

Frequently this point is raised as if it were some kind of earth shattering revelation, and in the end, it does not seem to be a major point, right?

Let's assume hypothetcally, that Ethereum or one of the other coins takes a real major dominance over bitcoin - for example Ethereum may be one of the best  examples.  Let's say that Ethereum 10x from here, but Bitcoin stays the same.  Then Ethereum would have about a 2.5x market cap higher than Bitcoin - yet what does that tell us about the fundamentals of Ethereum - Ethereum still would have a lot of it's same fundamental flaws of centralization, no, and lack of security, no?

I will concede, that it would tell us that there is a lot of money going into the Ethereum space - but so fucking what?  Governments and banking shills have all kinds of money that they are able to spend to attempt to undermine bitcoin with various smoke and mirrors, vaporware and distractions.

True. We need to hold our bitcoins, Ethereum is a distraction for our coins.

[york780]

BTW, you know that 90% of the altcoins are outperforming Bitcoin in the last couple weeks right?
This is why you shouldnt trade your BTC's now.
You will buy the top, while BTC is just chilling.

You can delay BTC with your stupid altcoins, but you cant stop it.

[LFC_Bitcoin]

BTW, you know that 90% of the altcoins are outperforming Bitcoin in the last couple weeks right?
This is why you shouldnt trade your BTC's now.
You will buy the top, while BTC is just chilling.

You can delay BTC with your stupid altcoins, but you cant stop it.

Hear Hear!

There's always only one winner in crypto, sooner or later a good performing altcoin gets dumped to shit & they dive straight back into bitcoin. It's crypto law

[york780]

BTW, you know that 90% of the altcoins are outperforming Bitcoin in the last couple weeks right?
This is why you shouldnt trade your BTC's now.
You will buy the top, while BTC is just chilling.

You can delay BTC with your stupid altcoins, but you cant stop it.

Hear Hear!

There's always only one winner in crypto, sooner or later a good performing altcoin gets dumped to shit & they dive straight back into bitcoin. It's crypto law

True its time for our secret mission; mission launchpad.


We all need to bleed sometimes to reflect our strategy and to face it that our strategy was outdated.
Never try to fight a bullish trend, just dont do it.
I am doing it succesfull but I quited it because its really hard, stressfull and the R/R ratio isnt really worth it.
Just hold it and dont look at altcoins rightnow because they all topped.

The only thing we need to do is accumulate as much BTC as we can before SegWit activates.
When SegWit is activated we are finally releashed from Jihan Wu & Roger Ver.
BTC will moon.
Dont buy the Altcoin top, or holding worthless fiat money like USD.

Buy BTC because Bitcoin isnt high ATM, its low.
Its flat since march, the last time BTC was flat for months it was in 2014.
We all know what happened next.

I am buying every satoshi I can get my hand on rightnow.
IDC for the price untill SegWit is activated.

This secret mission is for strong hands only, weak hands please buy the whaletops of the altcoins.

Ok guys, who's gonna join me on this mission?

[European Central Bank]

Hear Hear!

There's always only one winner in crypto, sooner or later a good performing altcoin gets dumped to shit & they dive straight back into bitcoin. It's crypto law

crypto law is being rewritten by the hour. the sooner people realise that alts ain't going away and are actually a whole separate thing the better they'll feel.

most of them are utter shit. that still won't stop them and there are many crypto traders who've never touched bitcoin now. they went straight into alts and they'll stay there.