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

[OWZ1337]

Bitcoin continues its endless progression of growth we live in fun times as we watch the price rise
Let the speculation rejoice into the holiday season as we look forward to the coming of the 2018 year
And today the Chicago Futures market let the speculation on a macro scale commence.

poof!~~~bittrex put my money to sleep!!! fuck that!!!<<<

https://i.makeagif.com/media/4-29-2017/8cuO2o.gif

[TERA2]

We're stalled because nobody is pumping the books with fat stacks of fiat.These are the same books that have been here for 2 or 3 weeks. Theyre actually smaller.

[OWZ1337]

looking back at the last 10 days we can clearly see the bubble popping and the first good attempt at catching the resulting knife.

you can see that when the bubble popped at ~266$ their was a big dip in price without much volume ( everyone let the knife fall  )
but now at 80-50$ rang we are seeing HUGE volume spikes when their is any kind of movement up or down.
I think if we are not already at bottom, its not too far down...

adam n00b__!_>_> looks good if we breakout above $150 we are golden :-D weeee

[HairyMaclairy]

We have just had a $5k weekly candle.  Let the poor bastard catch his breath. 

[jojo69]

Dave Chapelle with with white powder on his face

"Y'all got any more of that ATH??"

[selffish]

wow what a crash this night...is this normal??

[bitserve]

wow what a crash this night...is this normal??

Totally normal. Not a crash. Maybe a little dip, if anything. Nothing to see here.

[jojo69]

wow what a crash this night...is this normal??

try zooming out

[bitserve]

We're stalled because nobody is pumping the books with fat stacks of fiat.These are the same books that have been here for 2 or 3 weeks. Theyre actually smaller.

See what I meant? This dip would have triggered a stop loss @ 18500 (and even one at 18000) which is now less than current price.

Unless you mean that once 18500 was already broken down this is just a dead cat bounce and we are all doomed.

Donno, but I see everything fine atm.

[selffish]

CME Futures prices, currently at $19.5K Jan 2018

http://www.cmegroup.com/trading/equity-index/us-index/bitcoin.html

is this fixed? i mean the last number!

[TERA2]

We're stalled because nobody is pumping the books with fat stacks of fiat.These are the same books that have been here for 2 or 3 weeks. Theyre actually smaller.

See what I meant? This dip would have triggered a stop loss @ 18500 (and even one at 18000) which is now less than current price.

Unless you mean that once 18500 was already broken down this is just a dead cat bounce and we are all doomed.

Donno, but I see everything fine atm.

After the stop was triggered at 18800 (I moved it) it proceeded to 17800 where I could see that there was enough volume there that this wasnt crash and had option to rebuy at profit. It still doesn't look stellar though - limited upside.

[fluidjax]

CME Futures prices, currently at $19.5K Jan 2018

http://www.cmegroup.com/trading/equity-index/us-index/bitcoin.html

is this fixed? i mean the last number!

Your gonna have to put a little more thought into what you ask, what do you mean?

Fixed as in broken or fixed as in manipulated?
Last number, which last number 637?

[selffish]

CME Futures prices, currently at $19.5K Jan 2018

http://www.cmegroup.com/trading/equity-index/us-index/bitcoin.html

is this fixed? i mean the last number!

Your gonna have to put a little more thought into what you ask, what do you mean?

Fixed as in broken or fixed as in manipulated?
Last number, which last number 637?

i mean the price of 1 unit. Is it fixed till expire date of contract or is it like the bitcoin chart.

[explorer]

CME Futures prices, currently at $19.5K Jan 2018

http://www.cmegroup.com/trading/equity-index/us-index/bitcoin.html

is this fixed? i mean the last number!

Your gonna have to put a little more thought into what you ask, what do you mean?

Fixed as in broken or fixed as in manipulated?
Last number, which last number 637?

i mean the price of 1 unit. Is it fixed till expire date of contract or is it like the bitcoin chart.

Not sure I grasp the question, but it is cash settled daily, so when it expires, you will already have paid most of the premium, unless already bankrupt

Looking at those limit parameters, I see no reason those can't be set off, ping-pong fashion.  Just for fun :p

[fluidjax]

i mean the price of 1 unit. Is it fixed till expire date of contract or is it like the bitcoin chart.

Ahh, ... its variable, the "last price" is the price the last contract traded at.
If you look at the link now you can see the Jan 2018 has dropped (currently $19460)

[Asrael999]

wow what a crash this night...is this normal??

try zooming that chart a little bit out. Hardly a crash, not even a pause for breath

EDIT@ I see jojo posted the same thing earlier

[TERA2]

This is a crash:

[explorer]

This is a crash:

I had never seen anything like it.  Probably a good thing everything was jammed up and all you could do was watch

[svdleer]

Can somebody kill those anoying bots on GDAX ? thanks 

[TERA2]

This is a crash:

I had never seen anything like it.  Probably a good thing everything was jammed up and all you could do was watch

I traded it on btce, using gox as a lead. btce always worked flawlessly. It was extremely profitable.