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

[adamstgBit]

well, as always, wtv happens i have some fiat ready to buy buy buy all the cheap coins.

good night bitcoin world!

[TERA]

Damn look at the sell wall now on finex.

[ShroomsKit]

The crazy and idiotic part of this all is that it is very likely China will come with some very bad news, that Chinese exchanges are dying, that everybody knows what's coming but still choose to follow China and will completely fucking panic if Huobi closes their doors.
Bitcoin traders...my god.

[Searing]

The crazy and idiotic part of this all is that it is very likely China will come with some very bad news, that Chinese exchanges are dying, that everybody knows what's coming but still choose to follow China and will completely fucking panic if Huobi closes their doors.
Bitcoin traders...my god.

Well imho if the exchanges would just say enough already and inform china authorities and outside world they are "leaving china" ..at least a clear path would be shown...
imho always better to walk out the door yourself then be drag'd out...end the drama...clean break

of course such an announcement for the faint of heart could blow it up worse..but if i was running a china exchange I'd be decoupling out of the mainland fast

on a side question are they also (the china gov't) going after asci manufacturer's of btc equipment as well? imho china would have  a pretty good shot
at panic/despair and hurting bitcoin if they went after the equipment makers as well..

it would be like fine....you can make the equipment but only can sell it via direct person to person bitcoin..no way to sell it via fiat

man that would suck

again i claim no knowledge on this just speculating how far will the china gov't go w/o saying outright ban

Searing

[keithers]

The crazy and idiotic part of this all is that it is very likely China will come with some very bad news, that Chinese exchanges are dying, that everybody knows what's coming but still choose to follow China and will completely fucking panic if Huobi closes their doors.
Bitcoin traders...my god.

When was the last time real good news came out of China? They are the bad news bears.

[derpinheimer]

Damn look at the sell wall now on finex.

Are Fenix walls real or still easily faked?

[mladen00]

The crazy and idiotic part of this all is that it is very likely China will come with some very bad news, that Chinese exchanges are dying, that everybody knows what's coming but still choose to follow China and will completely fucking panic if Huobi closes their doors.
Bitcoin traders...my god.

When was the last time real good news came out of China? They are the bad news bears.

and they just buying.....

lower the price and buy BTC, maybe this is China gov. plan

[ChartBuddy]

Explanation

[TERA]

Damn look at the sell wall now on finex.

Are Fenix walls real or still easily faked?

It seems like Fenix has fixed the bug I posted about a couple months ago where you could place the same order multiple times without actually having the funds to do so. I just tried.

[billyjoeallen]

I don't think of the upcoming drop so much as a prediction, but as a painfully obvious feature of the chart that I thought we all agreed on.

As bad as I am at TA, it's pretty clear that there are a bunch of people here worse. Yes, obvious drop is obvious.

[Tyson95]

Four days without deposits on Bitstamp I wouldn't be surprised to see a rally.

[CoinHamster]

FUD ahead:

http://www.coindesk.com/department-defense-office-investigate-bitcoins-terrorism-potential
 
 

[TeeBone]

I don't think of the upcoming drop so much as a prediction, but as a painfully obvious feature of the chart that I thought we all agreed on.

You see a bounce off 400 or a smash right through it ?

[edwardspitz]

I had another look at btcxindia this morning before work. https://btcxindia.com looks fake. A Wordpress or Drupal site with a Themeforest template + a bunch of BS social media profiles.

[ChartBuddy]

Explanation

[ShroomsKit]

I had another look at btcxindia this morning before work. https://btcxindia.com looks fake. A Wordpress or Drupal site with a Themeforest template + a bunch of BS social media profiles.

Fake or just cheap?

[edwardspitz]

I don't think of the upcoming drop so much as a prediction, but as a painfully obvious feature of the chart that I thought we all agreed on.

You see a bounce off 400 or a smash right through it ?

If there is bad news I'm guessing it could go straight to $350. If it doesn't doesn't bounce there then possibly even further down.

[edwardspitz]

I had another look at btcxindia this morning before work. https://btcxindia.com looks fake. A Wordpress or Drupal site with a Themeforest template + a bunch of BS social media profiles.

Fake or just cheap?

If it is fake then it is semi expensive. If it is real it is very cheap. My feeling is that it is fake. It definitely feels fake.

[Phinnaeus Gage]

http://www.dailymail.co.uk/news/article-2609971/Disturbing-new-internet-child-abuse-sees-toddlers-raped-burned-live-webcam-paedophiles-use-Bitcoin-stop-traced-warns-police-chief.html

banksters control the media, I expected to see that kind of reporting long ago.. funny thing is there tends to be a disproportionate number of pedophiles in positions of power too.

Some may argue that he's good for Bitcoin and should have a seat on The Bitcoin Foundation: http://web.archive.org/web/20060208124607/http://www.fuckedcompany.com/den/

http://www.thenewamerican.com/reviews/opinion/item/16943-famed-leftist-gore-vidal-likely-a-pedophile-say-relatives

[windjc]

Just a little disappointed in myself that I did not short more. I had plenty of time to do so and I was a little too cautious, as bulls have been putting up a fight (sort of) and I hedged my bets, so to speak.

There is still a chance we get a bump before the crash, but I'm not too optimistic.

There are major storm clouds on the horizon right now.