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

[Last of the V8s]

Bitmex dun fucked up again. No real trades at these numbers. It's all fake.

[Rosewater Foundation]

It's all fake.

[Last of the V8s]

timestamp   "2018-08-24T13:04:13.663Z"
symbol   "XBTUSD"
side   "Sell"
size   1
price   8000
tickDirection   "PlusTick"
trdMatchID   "b70f6ab2-d918-4e26-211e-a3fa23777692"
grossValue   12500
homeNotional   0.000125
foreignNotional   1
https://www.bitmex.com/api/v1/trade?symbol=XBTUSD&filter=%7B%22price%22%3A8000%7D&count=1&reverse=true

"it was a glitch"
Arthur desperate for the SEC to say no again.

BitMEX_John: Damocles: there was a trade at those prices but it was a glitch, liquidity was not taken up to that price
BitMEX_John: 3 trades for 1 contract each were printed at the wrong price (basically the limit price rather than executed price), we have isolated the issue and there is no need for worries
BitMEX_John: DogeOfWallstreet: no, but we may modify the trade data so that it is removed automatically

meanwhile Deribit 'campaigning' furiously, Okex KYC fud, bomb threats

[Rosewater Foundation]

Bow down to the great cephalopod god of self-infliction. We're all doing it.

[aaroque2003]

So we've had a quadruple bottom ....

Incoming meme of four nice lady’s bums....life is good.

here you go

Perfect for the Occasion...!!!! hahahaha... 

[aaroque2003]

Bitmex dun fucked up again. No real trades at these numbers. It's all fake.

URGGGGGG.... SOBs.... Hate those MFs...!!!!! 

[Last of the V8s]

Bow down to the great cephalopod god of self-infliction. We're all doing it.

Weren't you in to big birds at one time? I miss those days. The puns were easier and the memes less terrifying.

[Rosewater Foundation]

Bow down to the great cephalopod god of self-infliction. We're all doing it.

Weren't you in to big birds at one time? I miss those days. The puns were easier and the memes less terrifying.

It's a calamari thing. I wouldn't know.

[babanana]

Bitmex dun fucked up again. No real trades at these numbers. It's all fake.

Face of greed.

Dont give this scammer your money.
Stay away from BITMEX.

[Last of the V8s]

[criptix]

timestamp   "2018-08-24T13:04:13.663Z"
symbol   "XBTUSD"
side   "Sell"
size   1
price   8000
tickDirection   "PlusTick"
trdMatchID   "b70f6ab2-d918-4e26-211e-a3fa23777692"
grossValue   12500
homeNotional   0.000125
foreignNotional   1
https://www.bitmex.com/api/v1/trade?symbol=XBTUSD&filter=%7B%22price%22%3A8000%7D&count=1&reverse=true

"it was a glitch"
Arthur desperate for the SEC to say no again.

BitMEX_John: Damocles: there was a trade at those prices but it was a glitch, liquidity was not taken up to that price
BitMEX_John: 3 trades for 1 contract each were printed at the wrong price (basically the limit price rather than executed price), we have isolated the issue and there is no need for worries
BitMEX_John: DogeOfWallstreet: no, but we may modify the trade data so that it is removed automatically

meanwhile Deribit 'campaigning' furiously, Okex KYC fud, bomb threats

Where is that log from?

Do they have a telegram or irc?

[Totscha]

Where's HairyMaclairy's Darkforest update?

I guess we've been in the Desert of Despair for a while now, right?

[Last of the V8s]

@criptix
sorry it's from their trollbox
further

telegram probably, irc doubt it; idk links

[Icygreen]

So we've had a quadruple bottom in the 6000-5700 range since the ATH.

Who else (beside me) is still unconvinced this is a solid support?

I'm not convinced of a bottom yet but I'm playing it as such so I won't be missing out completely. Anything in the 5k range feels rather cheap and I've got larger buy orders set around 5700. I'm not certain we'd be able to break below 5k easily and my bet is a 5200 hard bottom.

[Last of the V8s]

[JimboToronto]

Good morning Bitcoinland.

Flat as a pancake... currently $6514USD/$8502CAD (Bitcoinaverage).

Right where we were a week ago. Ho hum.

What do the Wall St Observer guys think of this?

https://medium.com/@super.crypto1/4th-dimension-bitcoin-manipulation-cartel-can-it-be-burnt-no-way-c53de65c166a

Bitcoin being suppressed by cartel

Great read. Thanx for the link.

[elrippos friend]

Quite ugly guy, but hey that's crypto  

[Realerre]

I like one thing, that people is talking about 5k like it was talking about double digits in the previous winter. Seems that btc have a bright future ahead 

Things I don't like include the increasing attention from traditional financial markets, the civil war with big blockers, the lack of merchants and the undeniable pow centralization.

I predict a bottom not much souther than here followed by "stable growth" and then a huge pump and then capitulation.

The last cycle can be repeated many times and in fact I think it will be, the only important thing is having enough "average joes" for each cycle, the newcomers buying during the pump for pure greed.
After some cycle this will stop because there will be not enough newcomers, and the average joe will see btc as a useless scam.

[Karartma1]

I also would like to predict that no matter how things will unfold summer will finish. Then we will have a mild autumn followed by a cold winter. Eventually, spring will arrive

[Realerre]

I also would like to predict that no matter how things will unfold summer will finish. Then we will have a mild autumn followed by a cold winter. Eventually, spring will arrive

Huge pump-dump cyclical schemes are not a "natural" thing, this is the pattern that I suspect is more probable for the coming years in btc market, but for sure it can't last forever, and it's not the patway to success, if success is global adoption. Average Joe will lose trust.