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

[JimboToronto]

Just got back with my newest paper wallet. Not a lot but better than nothing. If, on the long-shot chance it goes even lower, I'll buy some more. I'm expecting some Fiat revenues later today.

This wasn't the deepest dip... less than 17% at Stamp, even lower at Bitcoinaverage, but it's also better than nothing.

Still, it's only half the dip we had in May when it fell 33% and we all saw how quickly it rebounded from that... 9 days to a new ATH.

Let's see how long it takes this time.
______

Meanwhile I see $2600 at stamp. Reminds me of the days of phone phreaking and Captain Crunch whistles. For you youngsters, 2600 hertz was the tone frequency used to open lung distance trunks on the old analog phone system. It's still used as the name of a hacker publication.

 

Oops now it's $2664. Up we go.

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[Biro Bob]

A friend wanted to buy on Saturday. At the time, I advised him to wait for a dip... so, an hour ago, I told him to buy around $2520... but he was worried it would go lower.... sigh!

Edit... $2520... not $1520!

[Biro Bob]

Selling pressure slowly building up.

Feels like we are now clinging on to $110 rather than bumping up against it

Those guys who panic bought from $110.5 to $112ish must be in a world of pain right now  

There is still someone out there trying to keep it up here, but I wonder how long it can last before we let go

Four years ago... Today!

[abercrombie]

is crypto done?? 

[wolongong]

Who sold at the bottom?

..  Just bought AND sold at this bottom[1]

Disclaimer, I'm not much of an investor, or greedy here, just going extremely[2] long in crypto with the spoils of dicking around with a small bit of fiat. The amount of fun I had trying to make the call and the satisfaction of getting close is priceless to me.

Code:

buy/market	XBT/EUR	€2,222.231	0.05000000	€111.111	06-12-17 19:58:31 +0200
sell/limit	XBT/EUR	€2,273.342	0.04761905	€108.254	06-12-17 20:11:27 +0200

[1] bottomed at 2212.1640 if I read the graphs right here
[2] my heirs will eventually have to deal with these satoshi's

[Icygreen]

Predictable, Coinbase "Currently down for maintenance"   

[starmman]

Btc-e is down. How long until people see it, panic and dump even more?

Any guesses for the bottom?

Trex seems pretty intermittent too - I guess there are lot of people selling whatever they can. LOL

Wonder how far the price will retrace

ETH seems to be following BTC now too =)

[HI-TEC99]

We'll see the bull keep going until later next week and then likely a major dump. However, we'll see 5 digits by Feb 2018 w/ a major breakout coming in 2019. That's right I said it.

This guy predicted a major dump this week. I'd call today's event a dip rather than a dump, but if it continues I'll call it a dump.

I'll be happy if the rest of his prediction is right, 5 digits by 2018, then a major breakout.

[Denker]

We'll see the bull keep going until later next week and then likely a major dump. However, we'll see 5 digits by Feb 2018 w/ a major breakout coming in 2019. That's right I said it.

This guy predicted a major dump this week. I'd call today's event a dip rather than a dump, but if it continues I'll call it a dump.

I'll be happy if the rest of his prediction is right, 5 digits by 2018, then a major breakout.

Well we had 8 green weeks in a row! That's a lot!
So the chance to see some bigger correction wasn't really small when you check chart's history!
Let's see how this week will further develop. Probably a red one, which doesn't mean the end of the bull run. So no reason to panic, yet.

[ridery99]

Gox getting hacked? 

[JimboToronto]

Well we had 8 green weeks in a row! That's a lot!
So the chance to see some bigger correction wasn't really small when you check chart's history!
Let's see how this week will further develop. Probably a red one, which doesn't mean the end of the bull run. So no reason to panic, yet.

The week's barely begun and this dip is only less than 17%.

3 weeks ago we dipped 33% and still ended up green. It took only 9 days to hit an ATH after that big 33% dip.

We still have lots of time for this candle to turn green after today's much smaller dip.

It may still end up red, but don't count green out just yet.

[PoolMinor]

Crisis over.......










Up, up and away.....

[HI-TEC99]

Well we had 8 green weeks in a row! That's a lot!
So the chance to see some bigger correction wasn't really small when you check chart's history!
Let's see how this week will further develop. Probably a red one, which doesn't mean the end of the bull run. So no reason to panic, yet.

The week's barely begun and this dip is only less than 17%.

3 weeks ago we dipped 33% and still ended up green. It took only 9 days to hit an ATH after that big 33% dip.

We still have lots of time for this candle to turn green after today's much smaller dip.

It may still end up red, but don't count green out just yet.

I was hoping for a dip after reading elwar's experiences. He said the previous 2013 bull run ended after the price doubled in a week. This dip's slowing the bull run down and keeps us out of the doubling in a week danger zone.

[FractalUniverse]

i decided to try to catch dead cat bouncing and shorted few ETH at 369 will add more on the way up/

after some chart analysing i'll wait with bitcoin buying. there is a hope to buy bitcoin below 2000

[Ibian]

>Lost $10k today.

>Meh.

[conspirosphere.tk]

Lately the 100 day EMA is offering a good support. Good to know for your next bids.

[becoin]

>Lost $10k today.

>Meh.

Nobody should gamble with max margin!

[julian071]

>Lost $10k today.

>Meh.

Aw fuck! Hope it's not to big a dent in your trading stash....

[ARTISTCOLONY]

Just got back with my newest paper wallet. Not a lot but better than nothing. If, on the long-shot chance it goes even lower, I'll buy some more. I'm expecting some Fiat revenues later today.

This wasn't the deepest dip... less than 17% at Stamp, even lower at Bitcoinaverage, but it's also better than nothing.

Still, it's only half the dip we had in May when it fell 33% and we all saw how quickly it rebounded from that... 9 days to a new ATH.

Let's see how long it takes this time.
______

Meanwhile I see $2600 at stamp. Reminds me of the days of phone phreaking and Captain Crunch whistles. For you youngsters, 2600 hertz was the tone frequency used to open lung distance trunks on the old analog phone system. It's still used as the name of a hacker publication.

 

Oops now it's $2664. Up we go.

$2500 x $5000 new market range   gooooo btc!!

[Ibian]

>Lost $10k today.

>Meh.

Nobody should gamble with max margin!

Heh. That's just my cold stash. I don't actually trade, other than when it matches with my other priorities.