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

[iram3130]

Whats going on? It´s going down again when it has to goes up.

All sign on downside, so not expect upside, atleast for a this week.

So you say wait few days and buy?

I think price might go up at any moment.

I really don't think price will go up any moment, and mostly also think same no volume in market no trigger for upwards movement.

Volume is recovering slowly
https://blockchain.info/en/charts/trade-volume?timespan=30days&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

we cannot say what will the volume be in next few hours ...

Volume is only 4k at stamp and that is because of that 1k dump otherwise volume around 3k that is very minimal.

[dreamspark]

lol every exchange has minimal trading if you just decide to take out all the big trades lmao 

New rules for discussing volumes;

Take out all trades above 500BTC as they are not real they are just manipulation buy and sells. No one could ever want to buy or sell that many coins 

[MoreFun]

Whats going on? It´s going down again when it has to goes up.

All sign on downside, so not expect upside, atleast for a this week.

The problem is that we have no volume at all, so single 1k dump makes price go down alot :/

we are down to 619 from 621...  not too bad for a 1k btc dump imho

Exactly what I'm thinking. It's really not that bad. Just wait until the rush mid next week begins!

Why there would be a rush exactly mid next week?

[MatTheCat]

lol every exchange has minimal trading if you just decide to take out all the big trades lmao 

Even with the BIG trades, volume has never been so slow since 2012.

[roslinpl]

lol every exchange has minimal trading if you just decide to take out all the big trades lmao 

New rules for discussing volumes;

Take out all trades above 500BTC as they are not real they are just manipulation buy and sells. No one could ever want to buy or sell that many coins 

I think you are wrong.
I understand that you or me will not buy/sell that amount.  But you should know that big whales are around ...
People buy and sell houses for bitcoin. .

[zby]

lol every exchange has minimal trading if you just decide to take out all the big trades lmao  

New rules for discussing volumes;

Take out all trades above 500BTC as they are not real they are just manipulation buy and sells. No one could ever want to buy or sell that many coins  

I think you are wrong.
I understand that you or me will not buy/sell that amount.  But you should know that big whales are around ...
People buy and sell houses for bitcoin. .

Are you being sarcastic or did you fail to detect the sarcasm in the post you quote?

[roslinpl]

lol every exchange has minimal trading if you just decide to take out all the big trades lmao  

New rules for discussing volumes;

Take out all trades above 500BTC as they are not real they are just manipulation buy and sells. No one could ever want to buy or sell that many coins  

I think you are wrong.
I understand that you or me will not buy/sell that amount.  But you should know that big whales are around ...
People buy and sell houses for bitcoin. .

Are you being sarcastic or did you fail to detect the sarcasm in the post you quote?

Perhaps both.

[birr]

lol every exchange has minimal trading if you just decide to take out all the big trades lmao  

Even with the BIG trades, volume has never been so slow since 2012.

But if you look at volume in dollar terms?

[ChartBuddy]

Explanation

[wachtwoord]

lol every exchange has minimal trading if you just decide to take out all the big trades lmao  

Even with the BIG trades, volume has never been so slow since 2012.

But if you look at volume in dollar terms?

No not in Dollar terms no. But that's because of the exponential rise in market cap. Relative to market cap: yes

[iram3130]

lol every exchange has minimal trading if you just decide to take out all the big trades lmao  

Even with the BIG trades, volume has never been so slow since 2012.

But if you look at volume in dollar terms?

Bitcoin volume always refer on Bitcoins not in dollor, How many bitcoins traded because when 1 bitcoin will be 10k usd dollor volume will increase so much but we always calculate through how many bitcoins traded.

[adamstgBit]

oh i see what's happening



its time to buy

[ShroomsKit]

Whats going on? It´s going down again when it has to goes up.

All sign on downside, so not expect upside, atleast for a this week.

The problem is that we have no volume at all, so single 1k dump makes price go down alot :/

we are down to 619 from 621...  not too bad for a 1k btc dump imho

Exactly what I'm thinking. It's really not that bad. Just wait until the rush mid next week begins!

What rush?

[adamstgBit]

ya one thing is clear the market is in no rush these days.

[ShroomsKit]

Maybe it's time that we stop being delusional.
For 6 weeks or so everyone expected a huge break out. I think by now it's clear it's simply not gonna happen. At least not now.
Nothing even slightly points that way either. Really, there is no reason i can think of why we suddenly would go to the moon.
I'm a bull and will always be but i'm starting to cringe every time i see people adjusting their charts and lines and chicken bones to show how we will go up in 2 days from now. You just keep changing the dates and lines because nothing happened at the previous date.
I never seen so many people in denial and simply delusional here before.
I think it's better if you start facing the facts.

[ChartBuddy]

Explanation

[deadley]

ya one thing is clear the market is in no rush these days.

Because there is no reason for rush, that is why no rush.

[Facenose]

ya one thing is clear the market is in no rush these days.

Because there is no reason for rush, that is why no rush.

The price just stays about the same, its almost like,,, a currency or something...

[adamstgBit]

Maybe it's time that we stop being delusional.
For 6 weeks or so everyone expected a huge break out. I think by now it's clear it's simply not gonna happen. At least not now.
Nothing even slightly points that way either. Really, there is no reason i can think of why we suddenly would go to the moon.
I'm a bull and will always be but i'm starting to cringe every time i see people adjusting their charts and lines and chicken bones to show how we will go up in 2 days from now. You just keep changing the dates and lines because nothing happened at the previous date.
I never seen so many people in denial and simply delusional here before.
I think it's better if you start facing the facts.

fact
Bitcoin cost/value has been plummeting
fact
Its only a matter of time at this point until price corrects in the correct direction
fact
Part of you knows i'm right, next year it wont be 620$... this is why you Hodl!

[okthen]

I think this poll's results indicate a massive sell off at $10000.
Meanwhile... buy buy buy!