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

[N12]

Don't feel compelled to shut up just because some atheist cultists are criticizing you.

Such as myself.

[Taras]

Can we please stop talking about religion here? That'd be real nice. This IS the wall observer.

As it is the wall observer, I will ask: Does anyone think 591 was the bottom, or are we going to go down further? There's 600k in bids from here to there.

[hyphymikey]

Perfect buying opportunity. I'm now all in... again.

[Bitcoin_is_here_to_stay]

Can we please stop talking about religion here? That'd be real nice. This IS the wall observer.

As it is the wall observer, I will ask: Does anyone think 591 was the bottom, or are we going to go down further? There's 600k in bids from here to there.

I think we are going lower, 3d MACD just went red across exchanges yesterday and generally the recovery from 591 was not that convincing.

[lightfoot]

Can we please stop talking about religion here? That'd be real nice. This IS the wall observer.

As it is the wall observer, I will ask: Does anyone think 591 was the bottom, or are we going to go down further? There's 600k in bids from here to there.

Interesting. Wonder how/if this will affect mining speed and difficulty; we're on an unusual knife edge right now with the 65nm equipment being in shutdown state < $600 a bitcoin.

C

[derpinheimer]

OKCoin leading another dump, just about to push a new low there. Huobi/Bitstamp barely reacted yet.

[Chalkbot]

Can we please stop talking about religion here? That'd be real nice. This IS the wall observer.

As it is the wall observer, I will ask: Does anyone think 591 was the bottom, or are we going to go down further? There's 600k in bids from here to there.

I think we are going lower, 3d MACD just went red across exchanges yesterday and generally the recovery from 591 was not that convincing.

I think this is just someone firing up the volume engines. We can't take off (in either direction) as long as everyone feels fine with "wait and see". Time to force the cards on the table, and then you can make big moves with or against the tides. Doesn't every rally or crash start with an event like this?

[ChartBuddy]

Explanation

[sickpig]

This post explains what happened to the BTC price today:

Horseshit. Your private BTC would end up with the rest of the development funds that must be used on that and that alone.

Says who?  There's no law requiring this.  The user agreement says they don't even have to deliver a product at all and can take the money and buy crack rocks with it if they want.

https://blockchain.info/address/36PrZ1KHYMpqSyAQXSG8VwbUiq2EogxLo2

all the btc raised are still there it seems.

[Ultros]

Atheist cultist spamming stereotypes about religion are even worse than btc-sceptics trolling with ponzi schemes. Please stop this stupidstorm and post more relevant pictures of trains crashing and dead moons.

[marcus_of_augustus]

[empowering]

Can we please stop talking about religion here? That'd be real nice. This IS the wall observer.

As it is the wall observer, I will ask: Does anyone think 591 was the bottom, or are we going to go down further? There's 600k in bids from here to there.

"Night gathers, and now my watch begins. It shall not end until my death. I shall take no wife, hold no lands, father no children. I shall wear no crowns and win no glory. I shall live and die as I post. I am the sword in the darkness. I am the watcher of the walls. I am the shield that guards the realms of men. I pledge my life and honor to the Night's Watch, for this night and all the nights to come."

[BTCfan1]

checked the price today as was like gah so annoying....

[Dotto]

Does someone have a chart showing that the support log trendline hasn´t beed raped and violated this time?

Would be calming to see one...  

[Taras]

Only a quarter million dollars to go before we cross the last bottom

edit, make that $200,000
edit, make that $380,000
edit, make that $200,000
edit, make that $176,000

[adamstgBit]

Only a quarter million dollars to go before we cross the last bottom

edit, make that $200,000

 ill buy alot more then quarter million dollars if we do.

 

[hyphymikey]

Somebody is going to be mad they sold at these prices. Are you one of them?

[Bitcoin_is_here_to_stay]

Can we please stop talking about religion here? That'd be real nice. This IS the wall observer.

As it is the wall observer, I will ask: Does anyone think 591 was the bottom, or are we going to go down further? There's 600k in bids from here to there.

"Night gathers, and now my watch begins. It shall not end until my death. I shall take no wife, hold no lands, father no children. I shall wear no crowns and win no glory. I shall live and die as I post. I am the sword in the darkness. I am the watcher of the walls. I am the shield that guards the realms of men. I pledge my life and honor to the Night's Watch, for this night and all the nights to come."

LOL. What is your meaning - HODL?

[Sandia]

Does someone have a chart showing that the support log trendline hasn´t beed raped and violated this time?

Would be calming to see one...  

I don't have a chart, but today's number is $596.  I am predicting today is a shakeout candle (daily action breaks the support/trend line, but finishes the day above the line; i.e. candle body above trend, wick crosses trend).  That would be a very bullish sign, and we would jump back up.

[Dotto]

Does someone have a chart showing that the support log trendline hasn´t beed raped and violated this time?

Would be calming to see one...  

I don't have a chart, but today's number is $596.  I am predicting today is a shakeout candle (daily action breaks the support/trend line, but finishes the day above the line; i.e. candle body above trend, wick crosses trend).  That would be a very bullish sign, and we would jump back up.

595$ as you typed that and bouncing up. Thanks for the reply, it was conforting and just in time. CCMF!!! (or die)