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

[Remember remember the 5th of November]

Huge wall on 11000.

[ErisDiscordia]

9K incoming...after that: LIFT-OFF!

[bitserve]

Huge wall on 11000.

Fine.... one thing at a time? lol

[bitserve]

Fucking yeah!

[Phil_S]

Finally, some action! Beautiful. Walls are too short-lived to properly observe them...

[TERA2]

[soullyG]

[ivomm]

Huge wall on 11000.

Fine.... one thing at a time? lol

This wall has been there for 3 days at least. Btw, a hidden wall of 1K BTC was eaten at 8999.6 on Bitfinex.

[JayJuanGee]

You do recall the chart of the size of tether as compared with all of the cryptos, correct?

I don't have the link right now, but anyhow tether is a very small fraction of this total crypto space

The correct comparison is not marketcap to marketcap, it's Tether marketcap to BTC market DEPTH.

Come back when you've checked that ratio out.

Whatever.  I don't need any homework assignments to be running around trying to disprove your nonsensical theories.  You are the one trying to make a nonsense claim about supposed bitcoin impending perils.. when we already had our regularly scheduled in the middle of a bull run 70% correction.

 Further, you already provided a link to a scam article, and like I said the dead horse beaten subject has been floating around for more than 6 months, and you also provided a link to BTC market cap versus Tether for your supposed nonsensical proof, and you failed to meet your burden to show facts and/or logic to convince me (or probably many others) that there is any major issue involving a Tether scam that is jeopardizing the whole of our lovely honey badger beyond your assertion and the ongoing assertions of your FUD spreading bear shill doom and gloom associates.

You recall when BTC prices were in the lower $1 - $2k territories .. or was it our early 2017 correction down to $890, and you were calling for an inevitable fall to below $500? 

You were wrong then, and you are most likely wrong here, again, with your ongoing unsubstantiated, party poop negativism and exaggerated BTC fragileness assertions.        

We going UP, no?      I'm seeing a spurt from $8,900 to $9,200.. looking good, looking good.   

[600watt]

watch dat green candle grow on 3 min chart...  

[HairyMaclairy]

Booyah

[vroom]

fuck yeah, I'm so addicted to green dildos...

[JimboToronto]

Well well well. The old bladder alarm woke me just in time for a nice rally.

Who needs sleep? Go Bitcoin go.

[torrentco]

wat is the reason of this pump?
not complaining though 

[Last of the V8s]

Steady on, lads. If you buy all the bitcoins on the exchanges, there won't be enough left to share them round equally.

[JayJuanGee]

You do recall the chart of the size of tether as compared with all of the cryptos, correct?

I don't have the link right now, but anyhow tether is a very small fraction of this total crypto space

The correct comparison is not marketcap to marketcap, it's Tether marketcap to BTC market DEPTH.

Come back when you've checked that ratio out.

Pardon my ignorance but, what's the current market depth of USDT vs BTC to go 50% up/down?

Where could I check it?

Bitserve.. don't get distracted by toknormal's nonsensical assignment. 

S/he/it has the burden to show this kind of information if s/he/it believes the information to be relevant to his extraordinary proclamations.... otherwise, s/he/it is just playing hide the ball and/or making claims about information that does not exist.

  S/he/it is making an assignment for us to run around and to find supposed proof to rebut when s/he/it is making the nonsense arguments... and likely such information is really not available anyhow because it is very difficult to show exactly the amount of BTC traded across so many exchanges, and OTC and if s/he/it had such information, then s/he/it should present such evidence to us and describe how it is supposedly relevant to the claims being made.

[toknormal]

Further, you already provided a link to a scam article, and like I said the dead horse beaten subject has been floating around for more than 6 months

LoL ! Well I only hope you're right cos I'm long BTC you may be interested to know, being one of those "going down with the ship" people.

However, I can add up and you seem not to be able to so that's the explanation for the matter not "going away" since you were looking for one. What exactly is "scam" about that article anyway ?

you failed to meet your burden to show facts and/or logic to convince me

The bitstamp market depth to $10k right now is around $10 million dollars. The Tether marketcap is around $2.2 BILLION. On a slow day, Tether may "print" a cool $25 million which doesn't cost them a dime.

So contrary to your assertion that Tether isn't "jeopardising our lovely honey badger", the fact of the matter is it can eat bitcoin's price for breakfast anytime it wants.

[kludzins]

Nice run up. Next is 10k

[bitcoinPsycho]

yes

[Torque]

Hey guys, JPMorgan thinks that Bitcoin is a "fraud", but for some reason also believes that Bitcoin ETFs are the "Holy Grail"...

http://www.businessinsider.com/jpmorgan-explains-why-a-bitcoin-etf-is-a-holy-grail-2018-2