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

[BlindMayorBitcorn]

Good time to buy in my opinion.

Added another 0.25 BTC to my holdings.

Same here

Remember when we used to buy them 10 at a time?

I remember 2 at a time. I wasn't eating posh meatballs that week.

[micalith]

There isn't any really strong reason for a bubble pop like on previous occasions, so I'm still sticking with the theory that this is a big and necessary correction. We've just entered the panic sell stage where the whales make their greatest profits. A bit more of that now I expect

yup

whale season

They're not gonna quit until Stamp $2k is broken

thats unlikely,

I think they might be satisfied enough now

That would seem reasonable, yes. But whale dumping with panic dumping is ostensibly unreasonable and ruthless

[DaRude]

Higher market cap = less volatility

Can you explain a bit what you just said. I feel that it contradict between BTC and ETH right now though the market cap is far different.

Ehh well a $10MM market sell would probably devastate a small market cap company, AAPL (apple) would barely notice it

[ARTISTCOLONY]

Good time to buy in my opinion.

Added another 0.25 BTC to my holdings.

Same here

Remember when we used to buy them 10 at a time?

yobit down too now glad i sold 90% around 2350 ... wait for dip

[slowlyslowly]

has anybody concluded why alts and btc do not behave in inverse correlation? e.g. btc dives, alts dive more!

I assume lots of new money has come in just to make money as everything goes up ie they buy lots of things because its rising not because of what it is.
so when bitcoin goes down they all go down as they get out of all back to cash rather to alts or if in alts to bitcoin ie they are not trading on the relative merits of two choices eg bitcoin or etherum.

[ARTISTCOLONY]

http://ethanhansn.weebly.com/uploads/4/1/4/0/41404785/2951674_orig.jpg

 


WEEEEEEEEEE

[Elwar]

Is cryptography done?

[Searing]

Is cryptography done?

heh..just taking the usual 'sideways' for a bit of a bitcoin nap......all that climbing up to ATH is exhausting, don't ya know

Gotta rest up for the next climb

[luckygenough56]

Is cryptography done?

heh..just taking the usual 'sideways' for a bit of a bitcoin nap......all that climbing up to ATH is exhausting, don't ya know

Gotta rest up for the next drop

[ridery99]

Summer time profit taking. Time for a vacation 

[BlindMayorBitcorn]

When a penthouse apartment turns back into a van down by the river.  

[luckygenough56]

i prefer the van by the river, with 4G to keep trading 

[White sugar]

It just broke into the $1800's on BTCE

Already back to $1900.

How are your Litecoins doing?

[orpington]

Another ATH later today incoming...

[White sugar]

Another ATH later today incoming...

$800+ rise only today?

or are you being ironic?

$300 amplitude was hard enough to get just before the implosion, see such a rise on a weekend looks impossible

[Ted E. Bare]

I don't think this looks good.

[orpington]

I don't think this looks good.

nah, bounce up

whale accumulation of panic sellers' coins in progress...

[micalith]

I don't think this looks good.

nah, bounce up

whale accumulation of panic sellers' coins in progress...

Bitstamp needs to see sub 2k before we go up again.

Also, the 2 hour chart looks like the dump hasn't started to slow yet

[White sugar]

I don't think this looks good.

opportunity to buy more cheap coins and short for more Bitcoins is always good, in my opinion

[podyx]

The bubble to 1.2k actually had around a 30% dip at 362 just like this. But still it doesnt look too good right now.