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

[Loozik]

It's amazing how some people really started to believe jaroslaw is real deal.

Damn those people 

[Walsoraj]

I have been watching the charts consistently throughout the day for a few days now, observing the ask walls. Its fairly obvious that someone is keeping the price low and buying cheap coins through placing bids lower than their ask walls. They are hoarding cheap coins by getting people to sell into their bids and buying coins lower than their ask walls. They are pretty blatant about it, even placing the walls at $1 intervals.

If they decide they have reached their desired amount of coins and then lift their ask walls, bitcoin will rise, which is what they want after buying lots of cheap bitcoins.

Whomever is doing this is pretty clever as they are also doing a couple of other things to stunt the price. If you think the price is going to drop, it will not. The ask walls are keeping the price low.

Pure logic sir. I applaud and salute you. I also expect the price to at least double (maybe quadruple) as soon as these ask-walls fall. It is necessary considering the 100s of millions in USD that have flooded into Gox last 2 months and patiently sitting to buy. No one can doubt this.

[Walsoraj]

Dont know if today or tomorrow will dump coins till price hit 65$

Jaroslaw, you still have a few hours left not to default on your promise of bringing BTC to $65

I have faith in you and your thousands of Bitcoins. Now it's the right moment to dump your coins.

It's amazing how some people really started to believe jaroslaw is real deal. His poor self posting from a polish village must be really proud of himself.

Your ava look like vulcan in training. Let us befriend each other. 

[Loozik]

Your ava look like vulcan in training. Let us befriend each other. 

LOL

[Kazu]

But Dead Cat Bounce in 2011 was very large (much bulls believed that they were already at the bottom).

To be fair, we sort of did bounce from $57 to $166, if that can be considered the 'dead cat bounce.'

[Spaceman_Spiff]

But Dead Cat Bounce in 2011 was very large (much bulls believed that they were already at the bottom).

To be fair, we sort of did bounce from $57 to $166, if that can be considered the 'dead cat bounce.'

Think thats more like the 10 to 20 bounce, but of course this bubble isn't an exact replica of the last one.

[Kazu]

But Dead Cat Bounce in 2011 was very large (much bulls believed that they were already at the bottom).

To be fair, we sort of did bounce from $57 to $166, if that can be considered the 'dead cat bounce.'

Think thats more like the 10 to 20 bounce, but of course this bubble isn't an exact replica of the last one.

Oh, ok.

I still think that $57 will be the bottom though.

[Dalib]

But Dead Cat Bounce in 2011 was very large (much bulls believed that they were already at the bottom).

To be fair, we sort of did bounce from $57 to $166, if that can be considered the 'dead cat bounce.'

Think thats more like the 10 to 20 bounce, but of course this bubble isn't an exact replica of the last one.

Oh, ok.
I still think that $57 will be the bottom though.

I would say "dead cat bounce" if we will hit 79 - 85 from 68.

I think it's crazy, but I don't want to say that it is just only a false alarm, when it's possible according to TA.

We'll see soon if everything breaks before 74-75 or crazy ride will continue tomorrow.

[Loozik]

We'll see soon if everything breaks before 74-75 or crazy ride will continue tomorrow.

The crazy ride barely started ...

[wonkytonky]

A volumeless rally.  Gee, I wonder what happens next...

into my bids?

edit:  i think we will see a triangle..

and then  the porn pattern   

i still just see this..     ignoring the wierd buys..

[dexX7]

I have been watching the charts consistently throughout the day for a few days now, observing the ask walls. Its fairly obvious that someone is keeping the price low and buying cheap coins through placing bids lower than their ask walls. They are hoarding cheap coins by getting people to sell into their bids and buying coins lower than their ask walls. They are pretty blatant about it, even placing the walls at $1 intervals.

If they decide they have reached their desired amount of coins and then lift their ask walls, bitcoin will rise, which is what they want after buying lots of cheap bitcoins.

Whomever is doing this is pretty clever as they are also doing a couple of other things to stunt the price. If you think the price is going to drop, it will not. The ask walls are keeping the price low.

Walls?

[ryantw]

I have been watching the charts consistently throughout the day for a few days now, observing the ask walls. Its fairly obvious that someone is keeping the price low and buying cheap coins through placing bids lower than their ask walls. They are hoarding cheap coins by getting people to sell into their bids and buying coins lower than their ask walls. They are pretty blatant about it, even placing the walls at $1 intervals.

If they decide they have reached their desired amount of coins and then lift their ask walls, bitcoin will rise, which is what they want after buying lots of cheap bitcoins.

Whomever is doing this is pretty clever as they are also doing a couple of other things to stunt the price. If you think the price is going to drop, it will not. The ask walls are keeping the price low.

Walls?

https://i.imgur.com/K0SFE1Y.png

You should zoom out even more, make it look like a smooth line.

[keewee]

Walls!

[Kazu]

GOX!

YES! THIS MAKES SO MUCH SENSE!

[Dalib]

A volumeless rally.  Gee, I wonder what happens next...

into my bids?
edit:  i think we will see a triangle..
and then  the porn pattern  

i still just see this..    ignoring the wierd buys..

I absolutely agree with you that it probably was not the bottom and it isn't the last chance for cheap Coins.



But when someone buys and sells so it's a good deal.  (but also the risk of course)

[adamstgBit]

But Dead Cat Bounce in 2011 was very large (much bulls believed that they were already at the bottom).

To be fair, we sort of did bounce from $57 to $166, if that can be considered the 'dead cat bounce.'

Think thats more like the 10 to 20 bounce, but of course this bubble isn't an exact replica of the last one.

Oh, ok.

I still think that $57 will be the bottom though.

indeed

to me, this crash is more like a bigger version of the priate40 crash at 16 down to 7
it was very violent a drop, and it went and touched bottom with the first knife
the huge bull trap
the slow slide down
the rebound above the low of the init. crash


now if we only wait a few months, if the pattern hold we be up 1,000% 

[Spaceman_Spiff]

If anybody wants a laugh, you can always rewatch this piece of brilliant journalism : http://www.bloomberg.com/video/bitcoin-the-anarchist-virtual-currency-12Je7jeKQZmn~Hx1YaNitQ.html

Fastforward to 3:10 for the good stuff   .

[Kazu]

But Dead Cat Bounce in 2011 was very large (much bulls believed that they were already at the bottom).

To be fair, we sort of did bounce from $57 to $166, if that can be considered the 'dead cat bounce.'

Think thats more like the 10 to 20 bounce, but of course this bubble isn't an exact replica of the last one.

Oh, ok.

I still think that $57 will be the bottom though.

indeed

to me, this crash is more like a bigger version of the priate40 crash at 16 down to 7
it was very violent a drop, and it went and touched bottom with the first knife
the huge bull trap
the slow slide down
the rebound above the low of the init. crash


now if we only wait a few months, if the pattern hold we be up 1,000% 

Haha

Believe it or not I was way more freaked out by that whole fork / tons of orphan block problem a while back than I am right now. Right now its just the free market being a free market and speculators being speculators. Back then we actually had a threat to bitcoin itself.

[Dalib]

But Dead Cat Bounce in 2011 was very large (much bulls believed that they were already at the bottom).

To be fair, we sort of did bounce from $57 to $166, if that can be considered the 'dead cat bounce.'

Think thats more like the 10 to 20 bounce, but of course this bubble isn't an exact replica of the last one.

Oh, ok.
I still think that $57 will be the bottom though.

indeed
to me, this crash is more like a bigger version of the priate40 crash at 16 down to 7
it was very violent a drop, and it went and touched bottom with the first knife
the huge bull trap
the slow slide down
the rebound above the low of the init. crash
now if we only wait a few months, if the pattern hold we be up 1,000%  

However, the one who bought after 2011 at the bottom, he has +1900 % even after the latest fall !!!  

[Kazu]

If anybody wants a laugh, you can always rewatch this piece of brilliant journalism : http://www.bloomberg.com/video/bitcoin-the-anarchist-virtual-currency-12Je7jeKQZmn~Hx1YaNitQ.html

Fastforward to 3:10 for the good stuff   .

Wait at 1:25 does he say that a bitcoin is worth $80,000 or am I hearing something wrong?