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

[fabiorem]

Wall with 156btc in bearstamp, it is keeping price below 4400.

[yefi]

How can someone be so fucking wrong..... Also, what was the need to do that? Why put personal credibility on stake for nothing... unless he was shorting big time back then...

Yeah, it's ironic. He tried discrediting Bitcoin, but he ended up only discrediting himself.

Was just after he joined R3CEV, so no doubt a FUD attempt at the behest of his new paymasters.

[r0ach]

I would like to thank everyone for getting in nice and high before the short down to test the trend lines:

[bitserve]

I would like to thank everyone for getting in nice and high before the short down to test the trend lines:

Hey r0ach, I was wondering where were you hiding. Glad to see you come back with renewed motivation.

Are you still hodling or have you been selling all the way up?

Oh, and you should not be using linear display, its confussing and will lead you to wrong assumptions in your trading.

[jojo69]

I think we have another day or so to retest 4433 before we are in any trouble here.

Interestingly, that last test on coinbase was almost exact at an instantaneous peak of 4434.

and yeah r0ach, bitcoin is log scale mate

[deepcolderwallet]

All Crypto Market Cap.: $141.005.766.671
BTC Market Cap.........: $73.090.413.146
BTC Dominance.........:  51.8%

Can you get this stat from a week ago. Would be interesting to see the BTC Cap %, then.

Alts are falling flat from a week ago, naturally lol

On August 6th BTC Market Cap was $53,014,691,482 BTC Price was $3214.71 (https://coinmarketcap.com/historical/20170806/)

Hey that's cool, but I don't see what % of total market BTC was, then. Maybe its there, or the Total market cap from that snapshot page as well.

I could be blind lol, I'm really tired

True, % BTC Dominance is missing for historical.

https://coinmarketcap.com/charts/#dominance-percentage

47% dominance a week ago

Thanks bro.

[hv_]

I would like to thank everyone for getting in nice and high before the short down to test the trend lines:

When will you metal supporters learn that bitcoin has no gravity?

It just cannot fall on your feet.

 

[crppri]

4400$ the wall is getting bigger and bigger in coming days its gonna be 10000$ mark my word

[deepcolderwallet]

4400$ the wall is getting bigger and bigger in coming days its gonna be 10000$ mark my word

First time in criptolandia?
I was this wishful once...
Welcome anyway..

[HyphyBTC]

Trend lines don't matter when Grayscale needs to buy 100's of millions worth of BTC for their IPO.

[Elwar]

Here you go R0ach, some gold hating crypto porn from Mises:
https://mises.org/blog/why-cryptocurrencies-will-never-be-safe-havens

Great read, for example:

Bitcoins should be regarded as assets, or really equities, not as currencies. They are each little business plans — each perceived to create future value.

Hilarious read if you want to read some commodity investor desperately trying to tell why Bitcoin has no value but really has no idea what Bitcoin actually is.

[Elwar]

I was looking at some old test transactions I did for my Bitpools site. I noticed that one address has .009 bitcoins in it. Now do I want to go through the trouble of tracking down where I put that private key? I guess I need to do some spring cleaning.

[gizmoh]

 Roach, the jew hating white supremacist , still shilling from silver-tardness.   

[r0ach]

Roach, the jew hating white supremacist , still shilling from silver-tardness.  

It sounds like someone needs to be liberated by the dodge challenger of freedom.

[machasm]

Profit taking or dumping at the moment?
Was 4400 the top or is there any more steam left in this bull?

[jojo69]

hard to say, we bumped that major fib...if it breaks down out of this channel on volume the shorts will pile in and who knows

[AlexGR]

Target price 1 BTC = $9840... The Silver Eagle monster box:

500-Coin Silver American Eagle Monster Box (Sealed) / Any Qty: $9,840.00

[JayJuanGee]

If it hits 5k I'm gonna crack like a walnut.....before Jan 1st I'd be gone...(and I could justify selling some of my 'crypto babies" as a hedge against dreaded tulips (unlikely
but I've used dumber justifications to blow $$$ on dubious projects...like in 2013 when I got the KNC 550gh Jupiter BTC ASIC Miner

ack! I hate making 'adult' and 'prudent' decisions....

Bear in mind your CPA probably knows 0.00001% what you know about crypto.

Gone as in sell all your crypto? I'd recommend the JJG method of selling in very small increments at a progression of price points. Don't do anything rash you will later regret ...

It's good to be famous with "my own method" that I stole from Warren Buffet....don't say that the poor cannot steal from the rich.     (the opposite of the usual, no?)

[spiderbrain]

hard to say, we bumped that major fib...if it breaks down out of this channel on volume the shorts will pile in and who knows

Hmm, there is still fear in this thread. Bullish!

[JayJuanGee]

The sell wall on Gemini at $4125 started at about 1k btc about 20 minutes ago, and it looks like it is getting eaten away slowly.  I feel like making a buy, just to contribute to the cause.  It is down to 448 BTC as I type, but even if I made a BIG purchase (for me), it would not make a big dent in the wall.


Edit:  Hahahahaha.. Finally I may have done a good thing for everyone, including myself.  I watched the wall, and it suddenly went down from 433BTC and down to 18BTC, and I made my pounce, especially since on my other screen, I could see that Stamp had about $100 premium with new ATH movement. My small contribution at the bargain price of $4125.  Now, I gotta figure out when to sell because that was outside of my regular practices?  Maybe sell little by little starting around $4250?  or is that too conservative?

Just curious, its real trade or just some "magic trick" like some news that i read before

Well, I think that skepticism is good, but we also have to have some faith regarding events in the real world too, no?   I am saying what I saw, and what I did.  I do believe that someone else or a group was behind what I was seeing, and when I saw the wall suddenly disappear, I could determine that the chances were pretty high that the price was going to immediately go up 1-2% so seemed like a good opportunity to make a quickie short term profit, and within minutes after the coins for sale were pulled, the price went up 1-2%, and took a few hours for all my orders to fill which were between 1.5-4% above my buy rate... Not any kind of killer profits, but a bet that I was willing to make based on overall dynamics, and since I was playing around outside of my usual system, I wanted to be fairly conservative and close them early and lock in profits (because I have found that sometimes it just backfires when a person tries to be too greedy).  By the way, my trading fees were about .2% to buy and then .2% to sell, so have to subtract .4% from the total price difference in order to calculate profits, which would be a measely 1.1% to 3.6%.. hahahaha.. pretty small, but still fun to have a little extra rolled into my portfolio... plus one for the little guy.