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

[beetcoin]

Wow. Someone's desperately trying to push the price down.  

I can see 1500 in the horizon and its not a mirage.....

If the 4 major exchanges all hit $1100 to $1200 again then it will be the 3rd occasion and bullish for another leg up. How many bubble top peaks ever end in a triple header? None.

+1

If we break the ATH, we will be heading to $10k.... fck all these bears!!!

If whe break ATH, we can go to $10K. If not, we can not.

Man, analysis like this is why I keep coming here.

how about this one: if we break the ATH, we will have the highest price per bitcoin.. ever.

Can you back that claim up with a chart? Preferably with lines added manually.

your wish is my command. it took a bit of effort to get this going. i hope you give me free BTC to my wallet. plz halp, i need the money for food and a tesla.

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[ScrapOfCat]

As far as Corporate Coins go, a lot of what attracted me to btc in the first place won't be true of whatever they come up with.

I'll probably use them for whatever purpose they serve.  But I doubt I would invest in any, unless they convey some type of ownership of the company.

I like bitcoins, because they allow a regular person to have the possibility of owning a small piece of a future financial system.  This sounds like I get to use a piece of a system they own, which isn't the same thing at all.

[windjc]

I am unable to see anything interesting in the big four exchanges.  Gox and Btc-e are drifting, Stamp showing a few ups and downs, Cny just had some activity, but all of it is on relatively slim volume.  Everyone seems to be waiting.  For *something*.

Think I'll pour a large egg nog, heavy on the nog, and wait with the rest.

Markets just resting.

The market dynamics change so much in these altitudes, because the amount of new money is just enough to keep things moving north. People like to talk about how we have to bring in $3.6 million or something into the markets everyday to keep it even. But that's not true, because a lot of the recently mined bitcoins are being sold off exchanges - its more secure, its fixed priced and its better business.

But still there is probably $2-6 million in new money coming into the markets every day. That's my rough estimate based on the fact that Bitfinex alone was receiving about a million a day when the market was roaring. And they are rather small.

So, back to what I was saying. This relatively small amount of money ($2-6 million) is keeping us edging forward. Meanwhile all the traders are sitting on the sidelines playing technicals.

I have a hard time believing we make a rapid push up before Christmas. Just too many distractions and too few people investing new money. Meanwhile, any seemingly bad news story is going to bring the markets back down because people who have their money sitting on the sideline are just nervous at these altitudes of price.

However, if/when we go to ATHs that $100 million sitting on the sideline is going to jump back in. And its goina get crazy up in here.

[traderCJ]

However, if/when we go to ATHs that $100 million sitting on the sideline is going to jump back in. And its goina get crazy up in here.

Agreed.  Hitting the ATH will trigger a firestorm of buying I believe.  The markets are still very skittish.

[Nemo1024]

Good morning from Europe.
Fifth day in a row my lower overnight limit orders failed. Bought back in. So, everyone, prepare for a crash.  

[simonk83]

I have to move my BTC to a paper wallet
I'm too eager to trade, but I've no idea what to do.

You're doing it right.

[seriouscoin]

Wow. Someone's desperately trying to push the price down. 

I can see 1500 in the horizon and its not a mirage.....

If the 4 major exchanges all hit $1100 to $1200 again then it will be the 3rd occasion and bullish for another leg up. How many bubble top peaks ever end in a triple header? None.

+1

If we break the ATH, we will be heading to $10k.... fck all these bears!!!

If whe break ATH, we can go to $10K. If not, we can not.

Man, analysis like this is why I keep coming here.

Fck analysis. This is BITCOIN bitch

[OldGeek]

Good morning from Europe.
Fifth day in a row my lower overnight limit orders failed. Bought back in. So, everyone, prepare for a crash.  

Good morning Nemo1024.  Please do some heavy duty buying or selling.  Preferably on BTC-e, but if not then perhaps the others will follow.  Many thanks.

[callezetter]

I am unable to see anything interesting in the big four exchanges.  Gox and Btc-e are drifting, Stamp showing a few ups and downs, Cny just had some activity, but all of it is on relatively slim volume.  Everyone seems to be waiting.  For *something*.

Think I'll pour a large egg nog, heavy on the nog, and wait with the rest.

i think alot of people missed the multiple 15-25% drops that happened last week, and
think "hell, i wont miss another one whatever I do" and just wait. They know it can be bad
to wait in the end, but its not enough to stop dream of that lower buyin

[macsga]

PREPARE FOR LIFT OFF!!!!

[OldGeek]

I'm content to wait, but not for ever.  I do some day trading so I need activity before I can pull the trigger.

Holy Shit.  That's a 1949 model.  Great mileage and classy lines.   

[Nemo1024]

I am unable to see anything interesting in the big four exchanges.  Gox and Btc-e are drifting, Stamp showing a few ups and downs, Cny just had some activity, but all of it is on relatively slim volume.  Everyone seems to be waiting.  For *something*.

Think I'll pour a large egg nog, heavy on the nog, and wait with the rest.

i think alot of people missed the multiple 15-25% drops that happened last week, and
think "hell, i wont miss another one whatever I do" and just wait. They know it can be bad
to wait in the end, but its not enough to stop dream of that lower buyin

Too true. I've been there during the whole $100-$130 range.....

[Nemo1024]

Good morning from Europe.
Fifth day in a row my lower overnight limit orders failed. Bought back in. So, everyone, prepare for a crash.  

Good morning Nemo1024.  Please do some heavy duty buying or selling.  Preferably on BTC-e, but if not then perhaps the others will follow.  Many thanks.

Nah, I'm on Bitstamp, and I already see from the charts, that the price is staring to dip down... 

[JorgeStolfi]

I am unable to see anything interesting in the big four exchanges.  Gox and Btc-e are drifting, Stamp showing a few ups and downs, Cny just had some activity, but all of it is on relatively slim volume.  Everyone seems to be waiting.  For *something*.

Does this mean that BTC-e is closing down: 

  http://bitcoincharts.com/markets/btceUSD_depth.html

If I read correctly, bids and asks add up to a few hundred BTC only.

[mmitech]

this new member killed all charts with this over #"$$"!"!$$  kill informative Chart



 a comedian

your wish is my command. it took a bit of effort to get this going. i hope you give me free BTC to my wallet. plz halp, i need the money for food and a tesla.

but what is over kill is that he registered 3 days ago an managed to have 1366 post hahahahahah



and the best part how the fuck can someone who registered 3 days agao spend 9 days online !!!!

[seriouscoin]

this new member killed all charts with this over #"$$"!"!$$  kill informative Chart



 a comedian

your wish is my command. it took a bit of effort to get this going. i hope you give me free BTC to my wallet. plz halp, i need the money for food and a tesla.

but what is over kill is that he registered 3 days ago an managed to have 1366 post hahahahahah



and the best part how the fuck can someone who registered 3 days agao spend 9 days online !!!!

How the fck its 3 days ago if it says November 7 idiot? Do you live on another parallel universe? Or are you back from the past?

Can you just end yourself for being stupid?

[OldGeek]

Nah, I'm on Bitstamp, and I already see from the charts, that the price is staring to dip down...  

Down drifting on slim volumes is said to be bullish.

[Rannasha]

but what is over kill is that he registered 3 days ago an managed to have 1366 post hahahahahah

and the best part how the fuck can someone who registered 3 days agao spend 9 days online !!!!

Time to investigate the difference between november and december!

[macsga]

and the best part how the fuck can someone who registered 3 days agao spend 9 days online !!!!

A. Time machine?
B. FTL (Faster Than Light) typer?
C. SQL Injection?

Hrrmrmmrmm....

[tobyaus]

but what is over kill is that he registered 3 days ago an managed to have 1366 post hahahahahah

and the best part how the fuck can someone who registered 3 days agao spend 9 days online !!!!

Time to investigate the difference between november and december!

+1