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

[windjc]

This rocket can't go anywhere because there is no fiat to take it anywhere. But you guys can keep holding and watching this boring crap. Good luck with that.

[Hunyadi]

This rocket can't go anywhere because there is no fiat to take it anywhere. But you guys can keep holding and watching this boring crap. Good luck with that.

[windjc]

The bulls BIG accomplishment these last 5 months is grinding the bear market to a halt and destroying any opportunity to trade.

Now we can just sit here for several weeks (months) and stare at each other until we all eventually leave and move on to other things.

Thanks Obama Bulls!

[Cassius]

This rocket can't go anywhere because there is no fiat to take it anywhere. But you guys can keep holding and watching this boring crap. Good luck with that.

Fiat is trickling, not flooding in. It's not a rocket, it's a Zimmer frame. But it might finally be heading in the right direction.

[dreamspark]

The bulls BIG accomplishment these last 5 months is grinding the bear market to a halt and destroying any opportunity to trade.

Now we can just sit here for several weeks (months) and stare at each other until we all eventually leave and move on to other things.

Thanks Obama Bulls!

Sorry that the market didnt dump to $10, will make sure next time there's a downtrend that everyone sells everything

[dreamspark]

Also, did anything ever come of the Bitpay announcement ?

[Hunyadi]

https://www.youtube.com/watch?v=lDUUTv0Sd0w#t=93
Glenn Becks money is trickling

[Asrael999]

I thought Stamp was supposed to go to $5 minimum today? So why are all these $1 trades trickling through bitcoinwisdom?

[Hunyadi]

I thought Stamp was supposed to go to $5 minimum today? So why are all these $1 trades trickling through bitcoinwisdom?

[ChartBuddy]

Explanation

[calmindifference]

This rocket can't go anywhere because there is no fiat to take it anywhere. But you guys can keep holding and watching this boring crap. Good luck with that.

Fiat is trickling, not flooding in. It's not a rocket, it's a Zimmer frame. But it might finally be heading in the right direction.

The question is can the fiat trickle cover the proportion of 4000+ BTC mined daily that are sold

[Hunyadi]

This rocket can't go anywhere because there is no fiat to take it anywhere. But you guys can keep holding and watching this boring crap. Good luck with that.

Fiat is trickling, not flooding in. It's not a rocket, it's a Zimmer frame. But it might finally be heading in the right direction.

The question is can the fiat trickle cover the proportion of 4000+ BTC mined daily that are sold

4000+ ?! Easily!

[TERA]

http://charts-bfxdata.rhcloud.com/bitfinexLiquidityPriceCombinedBTC.php

4000btc of shorts covered in the last day on bitfinex. That is literally all of the volume there. All of today's trading on finex was shorts covering, and finex interacts with stamp, so that could be most of the stamp volume too.

[dreamspark]

http://charts-bfxdata.rhcloud.com/bitfinexLiquidityPriceCombinedBTC.php

4000btc of shorts covered in the last day on bitfinex. That is literally all of the volume there. All of today's trading on finex was shorts covering, and finex interacts with stamp, so that could be most of the stamp volume too.

Actually your wrong about that.

See:  https://bitcointalk.org/index.php?topic=229438.msg6719122#msg6719122

That spike to 12k BTC shorts that your working from was due to someone trying to raise the interest rate. The real number of shorts closed is more like 1000BTC at best.

Its like what I was trying to say to windjc yesterday, BTC swaps != actual shorts.

[Teppino]

We are less than 10$ from breaking that long term logaritmic upper trendline

[Barney]

Close to log trendline on Huobi. New China FUD must be prepared as we speak

[FlyingLotus]

Aha indeed.

Will it work this time though?

Expecting Shroomskit in 3..2..1..

[Hunyadi]

Aha indeed.

Will it work this time though?

Expecting Shroomskit in 3..2..1..

It is not going to work this time...

[Mythul]

Nice to see that the price is going up

[ChartBuddy]

Explanation