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

[mikenz]

These are very good news. I am buying all those cheap coins. Just this month alone bought $2k of coins and probably gonna throw another $1k.

Wooow. Im so impressed. You Sir are a real market maker! 

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[RayX12]

Where are all the cheerleaders? C'mon, go Bitcoin go

[LFC_Bitcoin]

Where are all the cheerleaders? C'mon, go Bitcoin go

I’d stick my Ledger Nano in her USB slot any day.

[Rosewater Foundation]

I love how the bullish goon squad just vanishes at times like this. Really makes you think.

[bitserve]

I love how the bullish goon squad just vanishes at times like this. Really makes you think.

We are busy doing some (very cautious) bargain hunting.

[Rosewater Foundation]

I love how the bullish goon squad just vanishes at times like this. Really makes you think.

We are busy doing some (very cautious) bargain hunting.

All in fancy cars before it's too late?

[gentlemand]

* Load ze Korea FUD *

http://news.chosun.com/site/data/html_dir/2018/05/11/2018051101843.html

From Twitter: "Upbit, South Korea's biggest cryptocurrency exchange operated by the subsidiary of Kakao, the country's largest tech conglomerate, was investigated by local police and 10 investigators.

Police thinks Upbit faked its balance sheet and deceived investors."

Why is south Korea such a mindless fuck hole? Can you imagine an EU government allowing something unregulated, untaxed and with absolutely no oversight become as big as their local stock market?

[xhomerx10]

Where are all the cheerleaders? C'mon, go Bitcoin go

I’d stick my Ledger Nano in her USB slot any day.

 She'd give you a nasty virus and take all your coins.

[starmman]

I love how the bullish goon squad just vanishes at times like this. Really makes you think.

We are busy doing some (very cautious) bargain hunting.

Seems to be a good afternoon for trading - some coins are pretty volatile this afternoon - I'm sure things will calm down a bit in a couple of days and we'll be back to a bull market again =)

[bitserve]

I love how the bullish goon squad just vanishes at times like this. Really makes you think.

We are busy doing some (very cautious) bargain hunting.

All in fancy cars before it's too late?

It's too late for the fancy cars. That will come later in the subsequent bounce

[FractalUniverse]

Expect pretty high volume and volatile weekend.: [some volatility is good.. ]

have a look at all this year's red weekly candles. so far, we have reached only about 1/4 - 1/3 of mean 2018 red week volume

[bitserve]

I love how the bullish goon squad just vanishes at times like this. Really makes you think.

We are busy doing some (very cautious) bargain hunting.

Seems to be a good afternoon for trading - some coins are pretty volatile this afternoon - I'm sure things will calm down a bit in a couple of days and we'll be back to a bull market again =)

That's my bet. And if I am wrong... I'll just wait until I am right.

[mike4001]

Yeah, bought some alts which fell 10% (compared to BTC)

Now let them climb again ;-)

[ivomm]

Neither traders, nor miners will make profits if we stay longer at 7-9K range. Btw, the revenue for the antminer s9 dropped again below 7.5$ per day. In comparison, in November 2017, when the price was in the same range, the revenue was 28$. In August, when the price was 3K, the revenue was 16$. The always rising difficulty will bring to a negative number the profit very soon. Perhaps in 4-5 months the revenue would be 1$, if we stay in the range 7-9K. Provided that s9 needs 3.3$ if the electricity is 0.1$ (resp. 1.65$ if it is true that in China the electricity is 0.05$), the miners will have to shut down their s9's, not to mention the previous models. From my experience, the price NEVER stays long around the breakeven point.

[starmman]

I love how the bullish goon squad just vanishes at times like this. Really makes you think.

We are busy doing some (very cautious) bargain hunting.

Seems to be a good afternoon for trading - some coins are pretty volatile this afternoon - I'm sure things will calm down a bit in a couple of days and we'll be back to a bull market again =)

That's my bet. And if I am wrong... I'll just wait until I am right.

Yeah - profits are great today, had been a pretty quiet week for me until now

[RayX12]

Where are all the cheerleaders? C'mon, go Bitcoin go

I’d stick my Ledger Nano in her USB slot any day.

 She'd give you a nasty virus and take all your coins.

 

[Rosewater Foundation]

Neither traders, nor miners will make profits if we stay longer at 7-9K range. Btw, the revenue for the antminer s9 dropped again below 7.5$ per day. In comparison, in November 2017, when the price was in the same range, the revenue was 28$. In August, when the price was 3K, the revenue was 16$. The always rising difficulty will bring to a negative number the profit very soon. Perhaps in 4-5 months the revenue would be 1$, if we stay in the range 7-9K. Provided that s9 needs 3.3$ if the electricity is 0.1$ (resp. 1.65$ if it is true that in China the electricity is 0.05$), the miners will have to shut down their s9's, not to mention the previous models. From my experience, the price NEVER stays long around the breakeven point.

Traders are probably all short with Bill Gates and Tone Vays. Clever ones at least.

[Samarkand]

MtGox is cashing out
relax guys

Hmmmm could be what it is, I did see a couple of posts about Gox moving coins getting ready to dump them.
I thought they were going to do it OTC in future though to stop the market getting negatively affected like last time.

...

Instead of trusting random posts with conspiracies about Gox moving coins you could
just check for yourself in the future. This little website tracks every movement of
coins from the relevant BTC addresses (they even track the MtGox BCH balances).

https://www.cryptoground.com/mtgox-cold-wallet-monitor/

Regarding the current rumors the roughly 8.2k BTC from MtGox have been moved to the following
address:
https://blockchain.info/address/1LncfoCX1yzuiW3hzejarvgZ1WahnAQ4o4

Unless this is the address of an OTC buyer/institution or exchange the coins haven´t been sold yet.

[criptix]

So much about the bottom.

My long got rekt hard -_-

[FractalUniverse]

So much about the bottom.

My long got rekt hard -_-

you can still try to re enter lower and make up your lossess,
going all-in long on margin during falling market is not that good idea

my longs are slowly accumulating, no rekts in sight yet