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

[cee-euros]

ha ha, now were trying to go to the moon, i was beginning to think this whole thing was orchestrated from day one, after yesterday i'm convinced

[bizz]

Delusion is strong here (long and short).

[Davyd05]

Personally I dont think the decline is over yet, Huobi will come with a statement that confirms the PBoC news. Don't be fooled, Chinese people have a way other culture when it comes to communication than most westerners.  

did you not read that they to released an announcement related to the third party payment system halting its business with them and every other chinese exchange..both them and okcoin this morning (canada) and both have no issues with the regular bank recharge option ? you think there is something they have yet to speak about that they will then issue behind doors to regular pboc banks to stop them from dealing with exchanges as well?

[FlyingLotus]

Ultimately we await Huobi confirmation. I'm sure there will be a dump then.

What price we are at before then I don't know..

[TeeBone]

ha ha, now were trying to go to the moon, i was beginning to think this whole thing was orchestrated from day one, after yesterday i'm convinced

Aww, dont be cruel lol At this point, all the bulls can cheer about are mini pumps that'll soon be dumped.

[cee-euros]

ha ha, now were trying to go to the moon, i was beginning to think this whole thing was orchestrated from day one, after yesterday i'm convinced

Aww, dont be cruel lol At this point, all the bulls can cheer about are mini pumps that'll soon be dumped.

no bulls or bears anymore, just pigs, chikun, sheep the farmer and his dog

[TERA]

quick someone cook up some 'hot news' so we can have an epic bulltrap for me to short.

[Davyd05]

ha ha, now were trying to go to the moon, i was beginning to think this whole thing was orchestrated from day one, after yesterday i'm convinced

Aww, dont be cruel lol At this point, all the bulls can cheer about are mini pumps that'll soon be dumped.

You talk the same way the bulls did when bitcoin was heading towards its ath of 2013 and until China "banned", pumped the breaks w/e you wanna call it they we're talking out their asses to an equivalent level. I assume the same thing will occur on this side. I don't claim to know anything about when.

[Davyd05]

quick someone cook up some 'hot news' so we can have an epic bulltrap for me to short.

nothing effects the markets like direct statements from exchanges and governments. the rest of these media outlets are speculating as much as we are.

[TERA]

Plot twist: Huobi and btcchina add offshore CNY bank accounts, causing a rally to 560. Weeks later, the owners get arrested, the exchanges get shut down, and the crash resumes and breaks 400.

[podyx]

going down to $400 now?

[chessnut]

this could easily be the beginning of a $100 move. The Chinese customers will be going to bed. no more panic selling for the next 10 hours.

[jonoiv]

going down to $400 now?

nope not till it hits 2797 on Huobi 

then and only then will it go back down!

[roslinpl]

I see fire ... inside of mountain ....



I see price is under control of greedy

[GameStarter]

we had no buying momentum  around 420$ i would be surprise if this quick Pump isn't followed by a quick Dump

[gizmoh]

Food for thought: Capitulation rarely occurs when it is expected.

I remember waiting for sub $50 coins when price was 60-70

Same for the last wave, to find the top.

When everyone is waiting for sub $400 and the bulls are starting to expect more downtrend, then i'm buying with confidence

Risto is right, long live Risto. 

[chessnut]

LOL massive odds on BitBet. price to pass 400 odds are 4:1.

I bet up in the 500s it would not. If 400 is not passed, Ill make something like 5x my money.

A person has bet 10 BTC to make those odds. BAD BET! I think that is delusional sentiment!

[UnDerDoG81]

Food for thought: Capitulation rarely occurs when it is expected.

I remember waiting for sub $50 coins when price was 60-70

Same for the last wave, to find the top.

When everyone is waiting for sub $400 and the bulls are starting to expect more downtrend, then i'm buying with confidence

Risto is right, long live Risto. 

Is it not different this time? At $50 we had not China in the game. Just asking because I get in at ~$200

[TERA]

Food for thought: Capitulation rarely occurs when it is expected.

I remember waiting for sub $50 coins when price was 60-70

Same for the last wave, to find the top.

When everyone is waiting for sub $400 and the bulls are starting to expect more downtrend, then i'm buying with confidence

Risto is right, long live Risto.  

I don't think using forum sentiment is a good way to go since now Bitcoin is much bigger than this forum and there are huge forces in play such as the china situation which just evolved over these past weeks.

This is nothing like 'last wave' - the pattern has clearly diverged.

Risto is not always right. He said he was certain we were not going below $500 again.

[jonoiv]

nice little bull pendent formed on Huobi 15 min chart.  The result should take us to 2700 ish for a while before breaking through to 2790 ish, then the downtrend will resume.

Just my thoughts.