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Question: How far will this leg take us?
$110K - 9 (8.3%)
$120K - 19 (17.6%)
$130K - 17 (15.7%)
$140K - 9 (8.3%)
$150K - 19 (17.6%)
$160K - 2 (1.9%)
$170K+ - 33 (30.6%)
Total Voters: 108

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26837871 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 1 users with 9 merit deleted.)
hmmmstrange
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October 31, 2013, 10:53:43 PM
 #35861

I think if we can't break through $216 on this run, we may find ourselves re-testing $204 support.  Cheesy



I'd say 175 needs a retest.
SheHadMANHands
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October 31, 2013, 11:02:32 PM
 #35862

Lawd almighty..  4,800btc volume over 24hrs.

Sure everyone else is watching the rabbit in the room..   Roll Eyes

I'll bet Coinbase had more 24hr volume.
ChartBuddy
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October 31, 2013, 11:02:35 PM
 #35863

neutrinox
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October 31, 2013, 11:20:08 PM
 #35864

How do bulls feel if we don't break $216 here? Looking like a triple top, then, yes?

Would still feel quite bullish.. But I admit there might be a small dip before the recent positive press coverage starts affecting and new users drive the price up. But IMO it's too risky to sell at the moment even if there is a small dip.
joesmoe2012
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October 31, 2013, 11:21:14 PM
 #35865

no volume usually means sad Goxster doesn't it?
MAbtc
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October 31, 2013, 11:23:50 PM
 #35866

Lawd almighty..  4,800btc volume over 24hrs.

Sure everyone else is watching the rabbit in the room..   Roll Eyes

I'll bet Coinbase had more 24hr volume.

Meh, I've got an eye on Stamp and BTCChina, too... but have found they still don't lead as much as Gox. Especially Bitstamp.
Richy_T
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October 31, 2013, 11:50:37 PM
 #35867

I'm still thinking the next major news to move the price will not be BTC news. Nothing has been fixed in the world economies and it's just a matter of time until yet another shoe drops.
ChartBuddy
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November 01, 2013, 12:02:31 AM
 #35868

windjc
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November 01, 2013, 12:07:45 AM
 #35869

I'm still thinking the next major news to move the price will not be BTC news. Nothing has been fixed in the world economies and it's just a matter of time until yet another shoe drops.

Apparently homeland security is having a congressional hearing regarding crypto in November. That should make some waves
notme
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November 01, 2013, 12:11:49 AM
 #35870

I'm still thinking the next major news to move the price will not be BTC news. Nothing has been fixed in the world economies and it's just a matter of time until yet another shoe drops.

Apparently homeland security is having a congressional hearing regarding crypto in November. That should make some waves

The senate's homeland security committee, not the DHS.
windjc
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November 01, 2013, 12:16:03 AM
 #35871

I'm still thinking the next major news to move the price will not be BTC news. Nothing has been fixed in the world economies and it's just a matter of time until yet another shoe drops.

Apparently homeland security is having a congressional hearing regarding crypto in November. That should make some waves

The senate's homeland security committee, not the DHS.

Correct. Which, in itself, doesn't really mean anything. These buggers don't have a clue what's going on.

The exciting thing is, these legislative and/or legal bodies are going to have to make some decisions about crypto in the near future. And the longer they take - and they take a long time doing everything - the larger the bitcoin eco-system is going to be. And the more deep pocket VCs that have poured money into this, the more legitimacy bitcoin gets - whether its the ETF or media related news - the more pressure there will be for government not to fuck with it.

So they can take their sweet ass time for all I care.
Richy_T
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November 01, 2013, 12:22:56 AM
 #35872

Correct. Which, in itself, doesn't really mean anything. These buggers don't have a clue what's going on.

Agreed. Face-palm meme pictures on standby.
ChartBuddy
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November 01, 2013, 01:02:39 AM
 #35873

theonewhowaskazu
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November 01, 2013, 01:44:36 AM
 #35874

The major news that could cause bitcoin to skyrocket, is if most US banks adopt the JPMorgan Chase policy of not allowing foreign bank wires for individual (non-business) accounts. Coinbase would have a field day, that's for sure.
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November 01, 2013, 01:48:24 AM
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adamstgBit
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November 01, 2013, 01:48:51 AM
 #35876

The major news that could cause bitcoin to skyrocket, is if most US banks adopt the JPMorgan Chase policy of not allowing foreign bank wires for individual (non-business) accounts. Coinbase would have a field day, that's for sure.

i think most US banks have already done this

poeple we're posting links of different banks announcing a new similar policy.
Walsoraj
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November 01, 2013, 01:54:30 AM
 #35877

The trend is traders moving to exchanges that are not making any attempt to become FINCEN compliant, which supports my theory that the largest and most active holders of bitcon are criminals/money launderers. US will shut down these exchanges eventually. Then price plummets as the biggest players will no longer be able to manipulate.
TERA
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November 01, 2013, 01:57:05 AM
 #35878

The trend is traders moving to exchanges that are not making any attempt to become FINCEN compliant, which supports my theory that the largest and most active holders of bitcon are criminals/money launderers. US will shut down these exchanges eventually. Then price plummets as the biggest players will no longer be able to manipulate.

It's the same trend of decreasing volume on all major exchanges. Today bitstamp and btcchina were around 10K volume when during earlier rally days they were 30K-60K volume. Btce is now 5K when during rally days it was 40K.
ChartBuddy
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November 01, 2013, 02:02:35 AM
 #35879

Walsoraj
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November 01, 2013, 02:05:45 AM
 #35880

The trend is traders moving to exchanges that are not making any attempt to become FINCEN compliant, which supports my theory that the largest and most active holders of bitcon are criminals/money launderers. US will shut down these exchanges eventually. Then price plummets as the biggest players will no longer be able to manipulate.

It's the same trend of decreasing volume on all major exchanges. Today bitstamp and btcchina were around 10K volume when during earlier rally days they were 30K-60K volume. Btce is now 5K when during rally days it was 40K.

Hi, i would appreciate you not making any statements that conflict with my own. Thanks.
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