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

[ChartBuddy]

Explanation

[solex]

Nice launch-pad building on Stamp. Unless PBOC spits out the dummy again we should see some fireworks by Fiat Monday.

[chessnut]

possible break out from consolidation. surprising to see it go upwards.

EDIT. after zooming out a bit, hey presto! that wedge could possibly be the discovery of an uptrend baseline (possibly!)

[dreamspark]

I think its going to be safe to get some sleep tonight 

[chessnut]

I think its going to be safe to get some sleep tonight 

hey, less than 24 hours before the 14th!! sleep well, but maybe set your alarm!

[hdbuck]

Huobi is dying, if I read this right.
http://bitcoinblog.de/2014/04/12/its-not-a-survivors-game-its-a-losers-game/

Thanks for the link!

It seems inevitable that the Chinese exchanges will shrink considerably after April/18. (Just compare BTC-China before and after the December decree.)  Who knows whether their "overseas" reincarnations will succeed.

I am still puzzled by the price movements since Mar/26.

It seems that the only permanent effect of all the developments so far was the drop by ~550 CNY on Mar/27, after the Caixin leak.  That drop makes sense.

But when the report was confirmed on Apr/03 by BTC38 and FXBTC, and re-confirmed by Huobi on Apr/10,  there were additional large but temporary price drops.  These I do not understand:

  * if these drops were  dumping by traders who had doubted the Caixin report, why would the price recover in the next couple of days?

  * if all the traders had believed the Caixin report when it came out, why would them dump when it was confirmed?

I was reading the stuff on page 3.  all of a sudden it's a 404!  

http://bitcoinblog.de/2014/04/12/its-not-a-survivors-game-its-a-losers-game/3/

EDIT:  they pulled the whole article! hmm

EDIT 2:  still there in German http://bitcoinblog.de/2014/04/12/es-ist-kein-spiel-der-uberlebenden-sondern-der-verlierer/

wait what shmuck i would have liked to read that article (dont read german)  

@Jorgestolfi yup thats right i like your questioning. now we are getting to that big picture where news are just a smoke screen to hide daddy's real game: making money.

[jonoiv]

I think its going to be safe to get some sleep tonight 

hey, less than 24 hours before the 14th!! sleep well, but maybe set your alarm!

+1
Yer if you have android download bitcoinium if you haven't already.  and set the max high and low price in the alarm settings.  

[dreamspark]

I think its going to be safe to get some sleep tonight 

hey, less than 24 hours before the 14th!! sleep well, but maybe set your alarm!

+1
Yer if you have android download bitcoinium if you haven't already.  and set the max high and low price in the alarm settings.  

Don't worry I always set alarms just tonight I don't think I'll be hearing them  I need to try out bitcoinium but use bitcointicker.co which has alarms as well although the fog horn alarm still scares the shit out of me every time 

[chessnut]

the fog horn alarm still scares the shit out of me every time 

  +1

[jonoiv]

Huobi is dying, if I read this right.
http://bitcoinblog.de/2014/04/12/its-not-a-survivors-game-its-a-losers-game/

Thanks for the link!

It seems inevitable that the Chinese exchanges will shrink considerably after April/18. (Just compare BTC-China before and after the December decree.)  Who knows whether their "overseas" reincarnations will succeed.

I am still puzzled by the price movements since Mar/26.

It seems that the only permanent effect of all the developments so far was the drop by ~550 CNY on Mar/27, after the Caixin leak.  That drop makes sense.

But when the report was confirmed on Apr/03 by BTC38 and FXBTC, and re-confirmed by Huobi on Apr/10,  there were additional large but temporary price drops.  These I do not understand:

  * if these drops were  dumping by traders who had doubted the Caixin report, why would the price recover in the next couple of days?

  * if all the traders had believed the Caixin report when it came out, why would them dump when it was confirmed?

I was reading the stuff on page 3.  all of a sudden it's a 404!  

http://bitcoinblog.de/2014/04/12/its-not-a-survivors-game-its-a-losers-game/3/

EDIT:  they pulled the whole article! hmm

EDIT 2:  still there in German http://bitcoinblog.de/2014/04/12/es-ist-kein-spiel-der-uberlebenden-sondern-der-verlierer/

wait what shmuck i would have liked to read that article (dont read german)  

@Jorgestolfi yup thats right i like your questioning. now we are getting to that big picture where news are just a smoke screen to hide daddy's real game: making money.

Translated via google

http://tiny.cc/61e8dx

[ChartBuddy]

Explanation

[byronbb]

I think its going to be safe to get some sleep tonight 

hey, less than 24 hours before the 14th!! sleep well, but maybe set your alarm!

+1
Yer if you have android download bitcoinium if you haven't already.  and set the max high and low price in the alarm settings.  

Don't worry I always set alarms just tonight I don't think I'll be hearing them  I need to try out bitcoinium but use bitcointicker.co which has alarms as well although the fog horn alarm still scares the shit out of me every time 

I went away for the weekend once and left my browser open. Of course the price rode my alarm settings all weekend and my neighbours were PISSED. hahaha

[jonoiv]

I think its going to be safe to get some sleep tonight 

hey, less than 24 hours before the 14th!! sleep well, but maybe set your alarm!

+1
Yer if you have android download bitcoinium if you haven't already.  and set the max high and low price in the alarm settings.  

Don't worry I always set alarms just tonight I don't think I'll be hearing them  I need to try out bitcoinium but use bitcointicker.co which has alarms as well although the fog horn alarm still scares the shit out of me every time 

I went away for the weekend once and left my browser open. Of course the price rode my alarm settings all weekend and my neighbours were PISSED. hahaha

 poor guys!

You should have sent them a free statoshi as recompense.

[fonzie]

800BTC buywall on huobi spotted



edit: pulled

[ChartBuddy]

Explanation

[jonoiv]

[y3804]

Wow. Sure looks like bot manipulation!

[ChartBuddy]

Explanation

[molecular]

no post for 1 hour ?!?

my god, what's happening?

[ChartBuddy]

Explanation