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

[Spaceman_Spiff]

Short-term looks bullish to me.

[JayJuanGee]

Huobi bears woke up to dump

There was a shortage of red candles at the shop. New supplies arrived in the morning and revived the bears' hopes... But some of them will have to be left in the dark.

I am about ready to go to sleep.. how low should I set my buys on BTC e?  maybe $423?  We cannot really expect to go much lower than that, no?

Sorry if that was a question to me I read it too late. The red candles have run out again. I wrote "some of them (the bears) will have to be left in the dark" and that's what I meant. Please take my words as seriously as you would take trading advice from some random dude on a forum.

My question was for anyone who would have been willing to make some kind of potentially reasonable assertion that may affect my thinking.  I also made some posts in the BTC e troll box at around that time, just to see if anyone had anything potentially meaningful that may have affected my current thinking.

I had quoted you specifically b/c you had recently posted, and  it seemed that everyone else around that same time was quoting that troll guy.....   um um um .. what's his face? 

Anyhow, it appears we made it through my sleepy-sleep time without any radical price movement.. and maybe we are just going to stay quasi-flat-lined until late Sunday-ish? 

[ChartBuddy]

Explanation

[billyjoeallen]

Don't give us that shit. Putin is a thug. I think the West should stay out of it because it's not our business and I think many Ukranians are aspiring thugs themselves. But let's not kid ourselves. Russia has an extremely long history of autocratic rule. "Slav" literally means "slave". At least he's been a competent thug so far.

what do you mean the west should stay out of it? it would have never occurred if they hadn't organised it - Soros, McCain, Nuland etc.  do some research, the MSM has been flat out lying.

Certain groups in the West (neocons) played a a part no doubt, but that doesn't mean that Western powers as a whole were behind it. There was and is a real desire for freedom and less corruption by many Ukranian People. I think they are being naive. If I was Ukranian, I'd GTFO of that shithole, even if it was my home. I'd take as many of my family members as I could with me. Whoever ends up in charge there isn't likely to be much better than the guy they threw out.

McCain is doing his best to retroactively deserve the torture he received in Viet Nam. Neocons think that they can fix stuff when all they do is get people killed and waste money.

Obama isn't competent enough to engineer a revolution. That's his best virtue. The west has a foreign policy establishment that's just smart enough to be dangerous. They rid the world of Saddam Hussein and left the Ayatollah as the regional power in the Middle East.

[chromosoma]

Why is bitcoin still at 450 Dollar? I want to see it going down to 10-15 $

[mmitech]

Walls on Huobi getting pulled...

phantom walls, it was proven that they are faking volume, there is no walls there just BS

[JayJuanGee]

posting this for the sake of argument

2013 bottom


now

Looking at the volume of those two charts, why do posters in here keep telling us that we can't have a bottom without a huge increase in volume? Im not seeing a particularly large amount of volume around the 2013 bottom either or certainly not masses more than there is at the moment especially if you take $400 as the bottom from post gox shut down and this is just a China lead leg down.

Another question of difference from 2013 to 2014 could be regarding which exchanges are driving the price - so if there is a change in which exchange(s) are driving the price then that change may reflect differently in the different time periods.

[billyjoeallen]

Short-term looks bullish to me.

bid

It's not bullish or bearish. It's consolidation. You're seeing the oscillations get smaller and smaller as the amplitude of the swings decrease as the bots skim the market maker spread. It's gonna flatline before or unless some new development upsets the equilibrium. 

[aminorex]

Short-term looks bullish to me.

bid

It's not bullish or bearish. It's consolidation. You're seeing the oscillations get smaller and smaller as the amplitude of the swings decrease as the bots skim the market maker spread. It's gonna flatline before or unless some new development upsets the equilibrium.  

Denial.  Its a bull penant. Igorr showed us.

Putin has a powerful propaganda machine.  People who think they are too clever for msm lies are suckers for it.

[chromosoma]

I will not buy that shit anymore. Totally useless  crap those cryprocurrency are
until i can pay with BTC for my Pizza, in grocery store of for other daily life services, i would prefer real money.

[aminorex]

Me`I will not buy that shit anymore. Totally useless  crap those cryprocurrency are
until i can pay with BTC for my Pizza, in grocery store of for other daily life services, i would prefer real money.

Sounds wise. Now go away.

[MikeH]

Certain groups in the West (neocons) played a a part no doubt, but that doesn't mean that Western powers as a whole were behind it. There was and is a real desire for freedom and less corruption by many Ukranian People. I think they are being naive. If I was Ukranian, I'd GTFO of that shithole, even if it was my home. I'd take as many of my family members as I could with me. Whoever ends up in charge there isn't likely to be much better than the guy they threw out.

McCain is doing his best to retroactively deserve the torture he received in Viet Nam. Neocons think that they can fix stuff when all they do is get people killed and waste money.

Obama isn't competent enough to engineer a revolution. That's his best virtue. The west has a foreign policy establishment that's just smart enough to be dangerous. They rid the world of Saddam Hussein and left the Ayatollah as the regional power in the Middle East.

The west have been in Ukraine for years and thrown 5 billion dollars at this regime change as mentioned by Nuland, sure some might not have been happy with the government but no more so than for example us in Australia with our government, the revolution in Ukraine certainly wasn't organic as we're led to believe.

I edited my earlier reply to say you should have a look at this https://www.youtube.com/watch?v=fWkfpGCAAuw  but you prob missed it..  Paul Craig Roberts go into detail of the strategic motives etc too in one of his interviews, not sure if it was with James Corbett or Stefan Molyneux.

You've also tempted me to talk about Saddam, Gaddafi etc but I won't - people like to discuss bitcoins price around here for some strange reason.  

[Krabby]

I will not buy that shit anymore. Totally useless  crap those cryprocurrency are
until i can pay with BTC for my Pizza, in grocery store of for other daily life services, i would prefer real money.

How much did you get burned by?

[chromosoma]

I will not buy that shit anymore. Totally useless  crap those cryprocurrency are
until i can pay with BTC for my Pizza, in grocery store of for other daily life services, i would prefer real money.

How much did you get burned by?

Not much, "just" about 250 Euro. Still good money. Anyway that was pretty good experiment, life experience, so to say:)

[igorr]

I will not buy that shit anymore. Totally useless  crap those cryprocurrency are
until i can pay with BTC for my Pizza, in grocery store of for other daily life services, i would prefer real money.

How much did you get burned by?

Not much, "just" about 250 Euro. Still good money. Anyway that was pretty good experiment, life experience, so to say:)

With your money Bitcoin will be live, without your money Bitcoin will die.

[bitluryz]

It's me or the market appears to be artificially maintained at 450  ? if my feeling is good, someone is waiting more buyers before Dump  

[igorr]

It's me or the market appears to be artificially maintained at 450  ? if my feeling is good, someone is waiting more buyers before Dump  

Waiting for the big bite, $5-6 million usd

[mmitech]

Bitstamp volume: 5100BTC I wont even mention other exchanges because they have even shameful volumes...

[igorr]

Bitstamp volume: 5100BTC I wont even mention other exchanges because they have even shameful volumes...

Who can guarantee that this is true, perhaps the real volume of the Bitstamp is 500 bitcoins or less.

[billyjoeallen]

Short-term looks bullish to me.

bid

It's not bullish or bearish. It's consolidation. You're seeing the oscillations get smaller and smaller as the amplitude of the swings decrease as the bots skim the market maker spread. It's gonna flatline before or unless some new development upsets the equilibrium.  

Denial.  Its a bull penant. Igorr showed us.

Putin has a powerful propaganda machine.  People who think they are too clever for msm lies are suckers for it.

If it is a bull pennant, the breakout will trip my sell orders. I can jump back on board the train if it's coming without too big of a loss. However if it's just another bull trap like we've had for the last four months, I have my downside somewhat protected.

As I said, Putin is a competent thug. We seem to agree on that. There are no good guys in war. Even George fucking Washington suppressed the Whiskey Rebellion before the ink was dry on the peace treaty with England and before the Constitution was written. FDR was a dictator who "saved" Europe only to give half of it to Stalin.

If Putin was even smarter, he's be buying the shit out of bitcoin to build immunity from sanctions. He's smart, but not that smart, IMHO.