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

[TERA2]

Its more than a dip. We were at a decision point in the chart and the pattern of a continuing downtrend is being confirmed.

[RoomBot]

and then that could happen

Where's the documentation?

Sounds like FUD.

[jojo69]

and then that could happen

Where's the documentation?

Sounds like FUD.

time to send the GF out to a lesbian bar and drink whiskey

[d_eddie]

Just bought @ 14700ish. Let’s see if I regret this.

Edit:  yup went too early. Lesson learned.  

Same. The first (higher) of my conservative orders. Got one more a couple of hundreds lower, but ATM it's getting buried in the orderbook.

[TERA2]

My orders that I dont go to bed without:
1. Just above 8000
2. Just above 5500
3. Just above 1000, 100 and 10 (in case of a wierd exchange liquidation wipeout)

[podyx]

My orders that I dont go to bed without:
1. Just above 8000
2. Just above 5500
3. Just above 1000, 100 and 10 (in case of a wierd exchange liquidation wipeout)

[mr angry]

South Korea to impose additional regulatory curbs on cryptocurrency trading


https://www.reuters.com/article/uk-southkorea-bitcoin/south-korea-to-impose-additional-regulatory-curbs-on-cryptocurrency-trading-idUSKBN1EM05K

Buy the dip.   

It's not like China pretending to ban BTC or anything volcanic like that.

They are only talking about forcing exchange customers to do the usual KYC document submissions. Bitcoinmagazine was writing about it weeks ago. They aren't going to close all the exchanges.

https://bitcoinmagazine.com/articles/south-korea-moves-regulate-domestic-bitcoin-trading-exchanges/

[Bitcoinaire]

My orders that I dont go to bed without:
1. Just above 8000
2. Just above 5500
3. Just above 1000, 100 and 10 (in case of a wierd exchange liquidation wipeout)

It's getting to be a bit much lately.........

[ragnar0k]

Since the futures came in seems like sell walls never end, maybe its just me but I think it is a bit strange we havent seen a good bounce back yet!

[TERA2]

I havent see any sell walls. Biggest order ive seen is 300.

[mr angry]

Since the futures came in seems like sell walls never end, maybe its just me but I think it is a bit strange we havent seen a good bounce back yet!

A correction now is more healthy than bouncing back up too fast.

[jojo69]

whelp...time to put the champagne away and go back on suicide watch

[ragnar0k]

Since the futures came in seems like sell walls never end, maybe its just me but I think it is a bit strange we havent seen a good bounce back yet!

A correction now is more healthy than bouncing back up too fast.

Yes, maybe you are right. Let's hope this dip is over soon!

[TERA2]

I think seeing some kind of massive dump or final capitulation where 1,000,000 coins are sold/bought would be healthy.. and seeing the order books fill back up with 5,000 coin walls and the 50,000 high books thatve been hiding

[mr angry]

Since the futures came in seems like sell walls never end, maybe its just me but I think it is a bit strange we havent seen a good bounce back yet!

A correction now is more healthy than bouncing back up too fast.

Yes, maybe you are right. Let's hope this dip is over soon!

Well it went up by $420 in five minutes. However that's noise nowadays. It's frightening when range bound means within a three thousand dollar range. It's not long since bitcoin cost $300 each, and range bound meant a thirty dollar range.

[Peter R]

I think seeing some kind of massive dump or final capitulation where 1,000,000 coins are sold/bought would be healthy.. and seeing the order books fill back up with 5,000 coin walls and the 50,000 high books thatve been hiding

Right now, I'm thinking 67% we don't have a real capitulation and continue the slow channel upwards and break out to new ATHs in January.  But I think 33% this is the start of a real crash that will end with the kind of capitulation you mentioned.  But if we get a real capitulation, I think we'll spike down at least to $5000 and possibly all the way down to $3000 (if only momentarily).  

[NiceSoft12]

[TERA2]

Crypto loves to fake a head and shoulders but then the right shoulder neckline goes on and on and on until eventually it curves back up.

[explorer]

Forget BitPay, say hello to BTCPay

http://bitcoinist.com/btcpay-core-developer-better-bitpay/

I hate finding misinformation in an article, because it throws the whole thing into question.

Bitpay considers an invoice “invalid” after 1H if not confirmed. This means the buyer need to add large fees or the invoice will be canceled, which need even more transaction to refund the customer.

I recently had a BitPay transaction that took 9 hours to get picked up.  Other than that spam delay, it was smooth.  New policy?  BS statement?  Or just typical crypto-journalism uselessness/FUD?

[jbreher]

It's all about the cast of shady characters:  


5 Reasons to Shun BitcoinCash

This article looks like it came right from a few pages of this thread.

Someone is lurking.  

Haha. Is Jane Kreisman not Crypto Jane, the infamous PayCoin shill?

And just to avoid making this only about the messenger, literally every point was bullshit unsupported by any listing of evidence.