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

[HairyMaclairy]

Why do people claim that Huobi's volume is faked?

dunno, at the least the 0% fees usually brings up the argument of bot trading to themselves

Why would you trade on Gox if you can trade on Huboi?  I bet most of the volume is just Westerners.

[medialab101]

Great, we get to break $1,000 again... better get my .gif ready


https://i.imgur.com/VIhkDAr.gif

[Davyd05]

295 coin wall at 950 just got sold on cavirtex

gut said sell the day trade stash before it drops. and now were down to 925 oh well...I said I was hodling I wrote no lies.

[magicmexican]

So we rise on weekends and dip on start of the week. What is this sorcery?

[kkaspar]

Don't be surprised if it turns out that the market data on most of the exchanges is false. It wouldn't exactly be illegal to manipulate unregulated markets like that. I wouldn't be surprised if it turns out that there were only about 20 million dollars of gambling money circling around the markets and creating illusions of demand.
Bitcoin is an intresting piece of software, but the markets seem to take the color of regular scam platforms more and more every day. Small communicative groups own most of the coins and they do whatever they want with the markets. It's fun to see people try to predict the price by market trends.

[T.Stuart]

So we rise on weekends and dip on start of the week. What is this sorcery?

Look at the sell walls popping up and disappearing again on Stamp. Someone is trying to pressure things down. If it causes a panic sell I predict a swift buy up of all lost coins.

[wobber]

Breaking news.

About 5 minutes ago a major selloff occured, effectively taking out 10% of the market cap. Could this be the moment of a market turn? Will the market get into a prolonged bear stage?

Will we discuss with one of the most prolific technical analyst, Sato Shinaka

Stay tuned for more, on BTCTV, after commercials.

[commercials]

[even more commercials]

Reporter: Mr. Sato Shinaka, we all saw the rapid growth of bitcoin in 2013. Do you think that it will make new highs in 2014 as well?

Mr. Shinka: No.

...

[Davyd05]

So we rise on weekends and dip on start of the week. What is this sorcery?

just a case of tuesdays', however there are always going to be sellers. and there will always be buyers, but they're will only ever be 21m BTC to be mined

[T.Stuart]

Breaking news.

About 5 minutes ago a major selloff occured, effectively taking out 10% of the market cap. Could this be the moment of a market turn? Will the market get into a prolonged bear stage?

Will we discuss with one of the most prolific technical analyst, Sato Shinaka

Stay tuned for more, on BTCTV, after commercials.

[commercials]

[even more commercials]

Reporter: Mr. Sato Shinaka, we all saw the rapid growth of bitcoin in 2013. Do you think that it will make new highs in 2014 as well?

Mr. Shinka: No.

...

I like a man who talks straight!  Ha ha !

[hdbuck]

here we go cheap coins  

[spooderman]

fiat at the ready. It's just a moment of WHEN.

[nanobrain]

Looking at the 4hour chart and the trend since the reversal after the Dec 18th correction, I'd suggest if Gox falls another $20 or so to break $960 then we could see some much lower prices by the weekend.

[wachtwoord]

And the Bitcoin roller-coaster continues in 2014!

[Sitarow]

[Davyd05]

prolly bots selling on macd crossing signals : D

[adsdas]

Huobi below 5k already 

[arepo]

prolly bots selling on macd crossing signals : D

maybe. we just got a bearish crossover on 6-hour stamp data.

[Salivan]

china straight down

[outofservice]

Christmas in January. I went full fiat at 952.
I'm so giddy right now.

[arepo]

welp the bottom fell right out of that one