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

[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)

[Wandererfromthenorth]

This is very bad, we are breaking a lot of long term trend lines and no real buy support. low volume.
jesus balls dude, with all the good news lately I was expecting a breakout UP not DOWN!!

lol DAFUQ is happening?  

[Dotto]

We are literally licking the f**ng last support log trendline. Hodl your breath (and btc)

[Wandererfromthenorth]

And still a lot of BTC longs on bitfinex... don't think will happen (not much market participation), but if we turn into panic mode this cold be the biggest long squeeze in BTC history 

[Dotto]

And still a lot of BTC longs on bitfinex... don't think will happen (not much market participation), but if we turn into panic mode this cold be the biggest long squeeze in BTC history 

To be honest, I will love to see that squezzing btc juice. And them choochoo, of course 

[Sandia]

This is very bad, we are breaking a lot of long term trend lines and no real buy support. low volume.
jesus balls dude, with all the good news lately I was expecting a breakout UP not DOWN!!

lol DAFUQ is happening?  

Buyers outnumber sellers 2:1 on Bitstamp.  The price is consolidating a bit.  Take a deep breath and HODL.

Support and trendlines get tested all the time.  What happens when a support is tested, and not fully broken?  Bounce.

[manfred]

lol DAFUQ is happening?  

The Chinese started dumping and no-one knows why.

[Erdogan]

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.

Born sinful? Without rights, unless given to you?

[BTCfan1]

100btc buy order incomming on stamp, last chance to get sub-600 coins?

[Wandererfromthenorth]

And still a lot of BTC longs on bitfinex... don't think will happen (not much market participation), but if we turn into panic mode this cold be the biggest long squeeze in BTC history 

To be honest, I will love to see that squezzing btc juice. And them choochoo, of course 

Yes at this point me too, but the low volume is even more worrying lol

[kryptopojken]

100btc buy order incomming on stamp, last chance to get sub-600 coins?

amazing, that would get us to almost 599!

[Sandia]

And still a lot of BTC longs on bitfinex... don't think will happen (not much market participation), but if we turn into panic mode this cold be the biggest long squeeze in BTC history 

My long liquidation price is $252.  We will be at $10k before I get squeezed.

Most of that bitfinex money is loaned out to smart guys, not amateurs.  Check the sizes of positions: $100k, $200k, $350k.  You aren't going to squeeze them.

[Dotto]

My numerologist counselor says the train will start once we reach the 7777 page in this thread. Confirmed.

[ArbatDeli]

Anybody else think we double bottom here?

[Walsoraj]

lol DAFUQ is happening?  

The Chinese started dumping and no-one knows why.

The exchange CEOs started dumping their coins and we will find out why once the news becomes public.

[ArbatDeli]

Anybody else think we double bottom here?

No.

Clever name.

[dropt]

Clever name.

I like names like that, you know they're not here to have meaningful discussion.  It's almost like a friendly heads up to put them on ignore.