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

[Marbit]

zipzap news is big. wonder when we'll actually see that in the states. (i know there is an estimate)

[1714784879]

1714784879

[ChartBuddy]

Explanation

[magicmexican]

hyubi doesnt want to cooperate in a pump it seems

[ShakyhandsBTCer]

hyubi doesnt want to cooperate in a pump it seems

well this is about the spot i like to see a bounce, otherwise maybe this is a trap

[T.Stuart]

hyubi doesnt want to cooperate in a pump it seems

well this is about the spot i like to see a bounce, otherwise maybe this is a trap

Patience, patience. Give her a few days more. There's a lot of negative expectation to work out of the system.

[MatTheCat]

hyubi doesnt want to cooperate in a pump it seems

Volume for whale-rat wallet A - whale-rat wallet B happened only on Bistamp.

I think they were relying on a big load of suckers to pile in at 815-820 range and buy a big pile of rat-whale coins at not to be revisted for quite some time prices......

......but the volume was almost non-existent. Bots with their 0.001 transactions and Silk Road customers it seemed like....

....back down we go then.

Patience, patience. Give her a few days more. There's a lot of negative expectation to work out of the system.

early days yet T.Stuart, but looking good so far for quoting my near term price prediction I would say.

Pump, but no dump, cos nobody was stupid enough to bite.....I am sure the whale-rats have a few more tricks up their sleeves yet though, in order to get a few more thousand high price coins dumped on the market.

[billyjoeallen]

zipzap news is big. wonder when we'll actually see that in the states. (i know there is an estimate)

It is in the states. QVC up the street is affiliated, among others. Here comes the boom.

[harlenadler]

zipzap news is big. wonder when we'll actually see that in the states. (i know there is an estimate)

It is in the states. QVC up the street is affiliated, among others. Here comes the boom.

i think he meant when bitcoin actually gets integrated into that

 it was not a boom for XRP when it happened tho

[billyjoeallen]

Keep in mind people, were on a four year logarithmic up trend of 1000%/year, when we hit the bottom elbow of the technology adoption S curve, it's going to go straight up and anyone sitting in fiat risks missing it just to get a few cheap coins.

[podyx]

this cat done bounced


still hodling
though

[shields]

Noob question, if everyone sees 31st Jan as a downtrend day, why have they not sold already? Are people really waiting until after a drop on that day to sell? and if so is it not possible that the number of people who have already sold and are waiting to buy back would out number them?

[MatTheCat]

Noob question, if everyone sees 31st Jan as a downtrend day, why have they not sold already? Are people really waiting until after a drop on that day to sell? and if so is it not possible that the number of people who have already sold and are waiting to buy back would out number them?

Not everyone does.

From the shady strategic action I am seeing in the markets, those who drive these markets seem to think some downside worth cashing out for is in the pipelines.....

....just my interpretation of it of course.

[JorgeStolfi]

Huobi's traffic at this time of day is usually very small (~0.5 kBTC/hour or less) , even on Saturdays.

Perhaps the volume we are seeing now (~1.2 kBTC/h) comes from outside China?  Peraphs its clients were kept awake by the price swings?  Perhaps something else?

[alexeft]

Noob question, if everyone sees 31st Jan as a downtrend day, why have they not sold already? Are people really waiting until after a drop on that day to sell? and if so is it not possible that the number of people who have already sold and are waiting to buy back would out number them?

Boy you're smart! 

Cheers! Well thought out!

[mellowyellow]

wow the UK has ZERO proper ways of getting btc, so this is GENUINELY massive. Finally, btc in the UK!

I'm actually pretty excited about this, we've had to jump hurdles in the UK to get hold of btc.

[JorgeStolfi]

Noob question, if everyone sees 31st Jan as a downtrend day, why have they not sold already?

Perhaps there are many Chinese traders who do not believe that jan/31 would be the end, or that it would affect them.

There are however many people who bought bitcoins at or above 5000 CNY / 900 USD, who presumably will risk waiting a few more days for the price to go up rather than sell now at a substantial loss.

[byronbb]

ATMs seem foolishly expensive in light of ZipZap.

[Davyd05]

stamp decides to follow huobi down just after huobi starts moving back up lol

[shields]

Noob question, if everyone sees 31st Jan as a downtrend day, why have they not sold already?

Perhaps there are many Chinese traders who do not believe that jan/31 would be the end, or that it would affect them.

There are however many people who bought bitcoins at or above 5000 CNY / 900 USD, who presumably will risk waiting a few more days for the price to go up rather than sell now at a substantial loss.

So basically anyone expecting a price drop on the 31st is wagering that the number people gambling on a price rise this week and oblivious Chinese traders who will be caught by surprise by a change to their exchanges outnumber those who already anticapated this and sold or will not sell into a drop (i.e anyone on this forum, or with half a brain).

[notme]

ATMs seem foolishly expensive in light of ZipZap.

Too bad the nearest ZipZap payment location is 5-6 hours away.