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

[samurai1200]

What happened to this thread supposedly "Hardcore" without silly pictures or text? If it's gonna be like the first one, you might as well do a 51% on the old one and stop this thread fork.

I agree. So here's a chart. I put a line on it.

[1714099146]

1714099146

[ElectricMucus]

What happened to this thread supposedly "Hardcore" without silly pictures or text? If it's gonna be like the first one, you might as well do a 51% on the old one and stop this thread fork.

I agree. So here's a chart. I put a line on it.

up, uP, UP

[sacko]

What happened to this thread supposedly "Hardcore" without silly pictures or text? If it's gonna be like the first one, you might as well do a 51% on the old one and stop this thread fork.

+1
Isn't Adam the man who claimed to keep this thread clean? See OP.

[just1nmc]

What happened to this thread supposedly "Hardcore" without silly pictures or text? If it's gonna be like the first one, you might as well do a 51% on the old one and stop this thread fork.

+1
Isn't Adam the man who claimed to keep this thread clean? See OP.

Lol, this comes up every few pages. This is the same as the old Wall Observer thread. Adam changed his mind

[ManBearPig]

Good luck to whomever just bought my coins and I hope you've bought your wall-climbing shoes: 16K+ $2 ahead.

It's been a great little run but we need to pause for breath (and new money).

[rpietila]

Good luck to whomever just bought my coins and I hope you've bought your wall-climbing shoes: 16K+ $2 ahead.

It's been a great little run but we need to pause for breath (and new money).

You are right, expect short term buying opportunity at $133ish.. I would say, technically we should flashcrash there in 10 minutes and double-comfirm the short term bottom in 1-2 hours.

[lebing]

Good luck to whomever just bought my coins and I hope you've bought your wall-climbing shoes: 16K+ $2 ahead.

It's been a great little run but we need to pause for breath (and new money).

Today is Wednesday. 

[molecular]

What happened to this thread supposedly "Hardcore" without silly pictures or text? If it's gonna be like the first one, you might as well do a 51% on the old one and stop this thread fork.

+1
Isn't Adam the man who claimed to keep this thread clean? See OP.

Lol, this comes up every few pages. This is the same as the old Wall Observer thread. Adam changed his mind

Then he should change the op, too, for fucks sake.

[Le Happy Merchant]

Movement on Bitcoinity.

[gizmoh]

Some big folks really desperate to sell their coins at whatever price!

[squidface]

Some big folks really desperate to sell their coins at whatever price!

In what way is selling at the top of a 15% increase in less than a day "desperate" and "at whatever price"?

Seems like straight up profit taking to me.

Could even be the same people that started the rally. lol.

[gizmoh]

Some big folks really desperate to sell their coins at whatever price!

In what way is selling at the top of a 15% increase in less than a day "desperate" and "at whatever price"?

Seems like straight up profit taking to me.

Could even be the same people that started the rally. lol.

If profit taking would matter, Wouldn't it be more profitable to expand the bids with walls than to eat down the ask side ?

[Bowjob]

Just open the old thread then. Geezus. The old thread was legendary.

[oakpacific]

Some big folks really desperate to sell their coins at whatever price!

In what way is selling at the top of a 15% increase in less than a day "desperate" and "at whatever price"?

Seems like straight up profit taking to me.

Could even be the same people that started the rally. lol.

If profit taking would matter, Wouldn't it be more profitable to expand the bids with walls than to eat down the ask side ?

Bitcoin has got an economy, businesses need to convert their BTCs immediately from time to time. Yeah, maybe they sell in a urge, but certainly nowhere near desperate.

[Rampion]

This is quite scary. Let's analyze the facts:

• the interest in bitcoin is fading out after the crash, just check the google trend: https://www.google.com/trends/explore#q=bitcoin&date=today%203-m&cmpt=q
• there's still a lot of money at Gox, a lot of fresh money was delayed because of their epic queue, but you can bet that from now on the flow of fresh money will be slower (just check the google trend)

I think this rally needs to be supported by REAL news that improve the fundamentals, otherwise it will be just a trap before a slow decline.

IMHO, the best news would be a new company offering unlimited amounts of BTC for cash immediately - buying your first BTC is still slow and painful, and the first one changing that fact will really boost BTC.

[Rampion]

Another worrying fact: market is still very illiquid, another panic sell of 500kBTCish would take us back to $40ish. And you know we had a 600KBTC dump just 8 days ago.

This is quite scary. Let's analyze the facts:

• the interest in bitcoin is fading out after the crash, just check the google trend: https://www.google.com/trends/explore#q=bitcoin&date=today%203-m&cmpt=q
• there's still a lot of money at Gox, a lot of fresh money was delayed because of their epic queue, but you can bet that from now on the flow of fresh money will be slower (just check the google trend)

I think this rally needs to be supported by REAL news that improve the fundamentals, otherwise it will be just a trap before a slow decline.

IMHO, the best news would be a new company offering unlimited amounts of BTC for cash immediately - buying your first BTC is still slow and painful, and the first one changing that fact will really boost BTC.

[NamelessOne]

This is quite scary. Let's analyze the facts:

• the interest in bitcoin is fading out after the crash, just check the google trend: https://www.google.com/trends/explore#q=bitcoin&date=today%203-m&cmpt=q
• there's still a lot of money at Gox, a lot of fresh money was delayed because of their epic queue, but you can bet that from now on the flow of fresh money will be slower (just check the google trend)

I think this rally needs to be supported by REAL news that improve the fundamentals, otherwise it will be just a trap before a slow decline.

IMHO, the best news would be a new company offering unlimited amounts of BTC for cash immediately - buying your first BTC is still slow and painful, and the first one changing that fact will really boost BTC.

The google thing isn't all that surprising. People saw the price drop and lost their excitement. It'll come back eventually and many will have missed the train.

[oakpacific]

This is quite scary. Let's analyze the facts:

• the interest in bitcoin is fading out after the crash, just check the google trend: https://www.google.com/trends/explore#q=bitcoin&date=today%203-m&cmpt=q
• there's still a lot of money at Gox, a lot of fresh money was delayed because of their epic queue, but you can bet that from now on the flow of fresh money will be slower (just check the google trend)

I think this rally needs to be supported by REAL news that improve the fundamentals, otherwise it will be just a trap before a slow decline.

IMHO, the best news would be a new company offering unlimited amounts of BTC for cash immediately - buying your first BTC is still slow and painful, and the first one changing that fact will really boost BTC.

The google thing isn't all that surprising. People saw the price drop and lost their excitement. It'll come back eventually and many will have missed the train.

We don't need any more publicity I think, enough people are already aware of its existence, the important thing now is to get them to change their minds.

[gimme_bottles]

This is quite scary. Let's analyze the facts:

• the interest in bitcoin is fading out after the crash, just check the google trend: https://www.google.com/trends/explore#q=bitcoin&date=today%203-m&cmpt=q

i don't think that google trend is a good indicator for the interest in bitcoins. since i got into bitcoins 2 years ago i never googled 'bitcoin' or 'buy bitcoins' again, because i already know where to look. the same may apply for some people who discovered bitcoin during the recent rise and fall.
google trends may show that the rate of new users is lower that during the rise, but it does not show that people are turning away from bitcoin.

[lebing]

This is quite scary. Let's analyze the facts:

• the interest in bitcoin is fading out after the crash, just check the google trend: https://www.google.com/trends/explore#q=bitcoin&date=today%203-m&cmpt=q
• there's still a lot of money at Gox, a lot of fresh money was delayed because of their epic queue, but you can bet that from now on the flow of fresh money will be slower (just check the google trend)

I think this rally needs to be supported by REAL news that improve the fundamentals, otherwise it will be just a trap before a slow decline.

IMHO, the best news would be a new company offering unlimited amounts of BTC for cash immediately - buying your first BTC is still slow and painful, and the first one changing that fact will really boost BTC.

The google thing isn't all that surprising. People saw the price drop and lost their excitement. It'll come back eventually and many will have missed the train.

Yep - and then the bubble will start over again. The impressive thing is that we are putting in the floor right now - i.e. the next hype leg up hasnt even started yet. Once that starts again... hold on.