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

[Bios Optimus]

As others have mentioned there are no buyers.

I think that was pretty clear already for the last month or longer.
Are there still people here who expect us to magically go to 1000+ soon?
I certainly don't.

yes magically and soon

No way, there is no magic atleast for now, no signal, no volume nothing in market that we can expect we will go upside.

nope not one 

With second market still buying,hedge funds and COIN in the future I don't see how this is anything more than a great buying opportunity.

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[macsga]

Only a match is enough to light a wildfire... to the moon guys!

[minerpumpkin]

there are few sellers, hence the lack of volume.

Currently there's been not much volume (until a few hours ago), but the tale of the decreasing volume is flawed! Take a look at the cumulative volume graph across the exchanges: https://data.bitcoinity.org/markets/volume/2y?c=e&t=a&volume_unit=btc (Take a look at the 2y graph!) We're at least at the same levels as last year - if not even higher!

[adamstgBit]

there are few sellers, hence the lack of volume.

Currently there's been not much volume (until a few hours ago), but the tale of the decreasing volume is flawed! Take a look at the cumulative volume graph across the exchanges: https://data.bitcoinity.org/markets/volume/2y?c=e&t=a&volume_unit=btc (Take a look at the 2y graph!) We're at least at the same levels as last year - if not even higher!

ya vol is becoming more spread out

+ we don't count the economy which has been growing by leaps and bounds, sure alot of it makes its way to the market really fast but alot of it dosnt, we don't see the 50K$ deals behind the scenes, its happening.

[Tzupy]

As others have mentioned there are no buyers.

I think that was pretty clear already for the last month or longer.
Are there still people here who expect us to magically go to 1000+ soon?
I certainly don't.

yes magically and soon

Don't forget to enlist Gandalf and Zeddicus, and some Chinese wizard would be most helpful too.  
About soon, no chance, even in the bullish scenario, which is not yet invalidated.

[Wandererfromthenorth]

No buying going on whatsoever, low volume, BTC markets are in trouble.
I am going to take a break from this shit and see where we are in a few days.

[deadley]

This is trouble. Imma take a break from this shit and see where we are in a few days.

lol, this thread become entertainment thread for  some people , they just come here to enjoy and take some humorous advice.

[justusranvier]

there are few sellers, hence the lack of volume.

Currently there's been not much volume (until a few hours ago), but the tale of the decreasing volume is flawed! Take a look at the cumulative volume graph across the exchanges: https://data.bitcoinity.org/markets/volume/2y?c=e&t=a&volume_unit=btc (Take a look at the 2y graph!) We're at least at the same levels as last year - if not even higher!

Far too few people seem to realize data.bitcoinity.org exists.

Try increasing the time increments to get a better picture:

https://data.bitcoinity.org/markets/volume/2y?c=e&r=month&t=a&volume_unit=btc

Only problem with their charts is the last point on the right side is always a bit distorted because the last interval is incomplete.

[Tzupy]

Looks like we'll test 590$ again. After 2 weeks of boredom, this is refreshing!  

[deadley]

Looks like we'll test 590$ again. After 2 weeks of boredom, this is refreshing!  

Actually it is, it was too borish last some week.

We were like stuck around 620, and were not going anywhere.

So it's good market moving doesn't matter it's downside.

[findftp]

OMG THIS IS THE SILK ROAD EVENT!
We are on our way to new ATH!

I don't think so.

Silkroad bust was a relief for many and allowed them to get into BTC.

Where's the relief now?

not comparable.

I guess everybody missed the sarcasm  

[minerpumpkin]

there are few sellers, hence the lack of volume.

Currently there's been not much volume (until a few hours ago), but the tale of the decreasing volume is flawed! Take a look at the cumulative volume graph across the exchanges: https://data.bitcoinity.org/markets/volume/2y?c=e&t=a&volume_unit=btc (Take a look at the 2y graph!) We're at least at the same levels as last year - if not even higher!

Far too few people seem to realize data.bitcoinity.org exists.

Try increasing the time increments to get a better picture:

https://data.bitcoinity.org/markets/volume/2y?c=e&r=month&t=a&volume_unit=btc

Only problem with their charts is the last point on the right side is always a bit distorted because the last interval is incomplete.

How can we spread the news? I keep on hearing about decreasing volume and things having changed in the meantime, yet this indicates otherwise.

[BitChick]

That would be nice. But that's not the way of the world or life on it. Life's not fair and not everyone gets what they deserve.

I'm sorry if you think that life hasn't been fair to you. I see the world in a different spiritual perspective, where our karma reaches beyond our present lives.

Here's your opening, BitChick.  Finally, someone, if you count Pumpkinhead as someone, wants to talk about religion.

I guess I fell asleep too early.

Here is a verse for you all: Ecclesiastes 7:16 Do not be over righteous, neither be over wise-- why destroy yourself?  That is something to ponder.  I really like that verse.  Especially because I grew up in a somewhat legalistic environment and realized early on that perfection is impossible to attain.

Basically, most religions are about karma or doing good to earn something.  Fortunately, following Christ is not about that.  It is about realizing we can never be righteous on our own and letting Him change us from the inside out.

I will stop now though.  

This really saddens me because I thought you were a balanced and open minded individual. Unfortunately, even if you don't belong in the same class of idiots like igorr, mah87 and co., I will have to put you on ignore. There are VERY few things worse in this world than overzealous religious cultists.

Balaced haha. She and her husband are complete wackos.

. "Wackos"  You may not agree with them but they have not said anything that puts them in that category.

I take it you are religious as well?

yeah man, I am a " Jesus Freak", but I think even though I am a Christian you would probably find me otherwise normal.  Lol

Jesus Freaks Unite!  BitchicksHusband might even chime in but he is speaking at a Christian youth camp this week.   

[adamstgBit]

Looks like we'll test 590$ again. After 2 weeks of boredom, this is refreshing!  

maybe we'll see 610 b4 590 tho

ya this drop feels like jumping in the pool on a hot day, refreshing!

[empowering]

 

Is this a good time to bring up anselm's ontological argument.... http://www.princeton.edu/~grosen/puc/phi203/ontological.html  

Probably... I am hungover like a bitch... I usually search for god at times like this. 

[justusranvier]

BitchicksHusband might even chime in but he is speaking at a Christian youth camp this week.

We live in a world where people can openly brag about child abuse with no expectation of being called out on it.

[BitChick]

BitchicksHusband might even chime in but he is speaking at a Christian youth camp this week.

We live in a world where people can openly brag about child abuse with no expectation of being called out on it.

Is it abuse to tell kids that they have great value regardless of what others say?  The main message of the camp was how to love yourself, love others and love God.  That is abuse somehow?  But you would probably be totally fine with a bunch of kids smoking something.

[mmitech]

BitchicksHusband might even chime in but he is speaking at a Christian youth camp this week.

We live in a world where people can openly brag about child abuse with no expectation of being called out on it.

I see what you did there , religion was made to govern people, there is few philosophical aspects in every religion that amaze me but the whole idea of being a blind fanatic is just....  

[Wandererfromthenorth]

This is trouble. Imma take a break from this shit and see where we are in a few days.

lol, this thread become entertainment thread for  some people , they just come here to enjoy and take some humorous advice.

what?

[wachtwoord]

OMG THIS IS THE SILK ROAD EVENT!
We are on our way to new ATH!

I don't think so.

Silkroad bust was a relief for many and allowed them to get into BTC.

Where's the relief now?

not comparable.

I guess everybody missed the sarcasm  

Why sarcastic? I'm dead serious.