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

[milkshock100]

Are we anticipating further downward moves ? This looks a standard military operation I don’t think they’ve shaken enough out yet surely ?

If we go back up the 500 again I’d say that’s evidence of secure territory

[Torque]

Still no big players have returned to this market since December. Volume remains low.

So expect ease in pushing the market around right now.

[svdleer]

Guess most traders sit in Ripple/XRP and other alts. Time for a big shakeout there.

[BitcoinBunny]

It seems clearer and clearer by minute that bitcoin has run it's course. Time to retire and leave the track for the new arrivals!

Yeah I agree. In fact I will buy all the BTC you have for $1 each. Best be quick, this could be your final offer.

[Neo_Coin]

[Torque]

[AlexGR]

Korea prices for BTC are at 22-23k... although coinmarketcap excludes that too (asterisk).

9   Bithumb   BTC/KRW   $219,098,000   * $22,052.30   1.38%   Recently
46   Korbit   BTC/KRW   $76,213,200   * $23,244.90   0.48%   Recently
70   Coinone   BTC/KRW   $46,977,700   * $22,992.90   0.30%   Recently

The question is why would one exclude korean volume instead of factoring it in, with a corresponding percentage to their volume (versus the global volume). As long as the trades aren't zero-fee trades, the volume should be accurate.

[gentlemand]

Korea prices for BTC are at 22-23k... although coinmarketcap excludes that too (asterisk).

9   Bithumb   BTC/KRW   $219,098,000   * $22,052.30   1.38%   Recently
46   Korbit   BTC/KRW   $76,213,200   * $23,244.90   0.48%   Recently
70   Coinone   BTC/KRW   $46,977,700   * $22,992.90   0.30%   Recently

The question is why would one exclude korean volume instead of factoring it in, with a corresponding percentage to their volume (versus the global volume). As long as the trades aren't zero-fee trades, the volume should be accurate.

Because it's a hermetically sealed market so no one from the outside can access it. That makes it irrelevant to the rest of the markets.

If they had CoinmarketcapKorea in addition that would make sense.

[conspirosphere.tk]

condolences to the pump hunters and those who "hedged" with alts.
Bcash falling at a double rate than the true and only bitcoin is my consolation.

[Last of the V8s]

Korea prices for BTC are at 22-23k... although coinmarketcap excludes that too (asterisk).

9   Bithumb   BTC/KRW   $219,098,000   * $22,052.30   1.38%   Recently
46   Korbit   BTC/KRW   $76,213,200   * $23,244.90   0.48%   Recently
70   Coinone   BTC/KRW   $46,977,700   * $22,992.90   0.30%   Recently

The question is why would one exclude korean volume instead of factoring it in, with a corresponding percentage to their volume (versus the global volume). As long as the trades aren't zero-fee trades, the volume should be accurate.

certainly Bithumb has a lot of zero-fee trades
https://www.bithumb.com/u1/US138

[UnDerDoG81]

Isnt it suspect that the whole cryptos crash all at once? I think there is something big behind. You remember how it was back in 2013 with Gox? Nobody thought about a price manipulation by bots und and people were screaming Moon. I have a similair feeling about these complete Crypto crashes. This is the 3rd time in 3 weeks. I dont believe in "it's christmas, it's first month of the year and people need Cash" bla bla... There is some huge manipulation going on and it wont end good.

[gentlemand]

There is some huge manipulation going on and it wont end good.

It's been going on since Gox opened. It's ended pretty well so far.

[flynn]

"crashing" should be reserved for situations where main supports are broken. Or else it's a only a correction.

[conspirosphere.tk]

There is some huge manipulation going on and it wont end good.

As much as I can remember when btc crash alts crash harder most of the times.
To me it seems that alts pump mostly when the btc action gets boring.

[Nivir]

Just few minutes ago crypto currencies especially bitcoin was tackled on our local television. I find it annoying when someone is talking one-sided. That bitcoin may drop fast citing an example if someone bought it at $20,000. So called expert didn't even mentioned those people who bought it at very low price in the past

[BitcoinBunny]

Just few minutes ago crypto currencies especially bitcoin was tackled on our local television. I find it annoying when someone is talking one-sided. That bitcoin may drop fast citing an example if someone bought it at $20,000. So called expert didn't even mentioned those people who bought it at very low price in the past

Media have been scaring people to stay out of crypto since the beginning.
In fact if you listened to the media you would be afraid to drink a can of coke, eat a steak, travel on planes, travel in a car, walk down the street or even leave your house.

There is a pattern there.  

Yet here we are almost 15x higher than a year ago. Whilst alts collapse quickly, BTC stays pretty strong in comparison.

If all this FUD is caused by the CMC KRW delisting, that's pretty funny. 

[Deeyoh]

Thar be blood in the water.  Alt's getting eatin first.

[gentlemand]

Some McAfee fun.

[Last of the V8s]

oh and it doesn't use secure crypto. anyway

[Deeyoh]

Last of the V8's.. That's been tried way way back when.. I actually like HBN HoboNickel's. Wish it would have survived.