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

[beetcoin]

i like how everyone is able to turn a downturn into a "it's going into bull mode soon!"

[ArbatDeli]

I keep seeing this July 24th thing -- what is that? Some news I must have missed?

[manfred]

So is Okcoin live now with USD trading and 0 % fee?

https://www.okcoin.com/market.do?symbol=0

Edit: no its not is 0.2-0.1% a trade

[Sandia]

Bitstamp, Bitfinex, OK and Huobi all at/above $600.

[Dotto]

Chartbuddy is writing more and more esoteric post with time or is my perception?

The singularity is coming!

[ChartBuddy]

Explanation

[madian]

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?

Let us be clear on something. I do not care what religion Bitchick is, for all I know and care she could worship the ancient aliens with her husband. Everybody does whatever he/she wants with the life they have, but the moment you try to impose your beliefs and life style and "Truth" to me then we have a problem. And to start your "religion ignition argument" with "other religions are all about personal gain while only christianity is the cool choice because jesus" just brings back memories of all the bad things that ever happened because of ill understood religion and all the crimes conducted in the name of god. Any god. Shame on me for not noticing that about Bitchick earlier.

And about shroomsy, well, I know he's on many ignore lists but I have always appreciated a person that can believe that he believes in nothing. It's probably the hardest form of religion. Problem is he just conveys it wrong.

[Davyd05]

rebound in progress? or ignition.. we shall see

[JorgeStolfi]

So is Okcoin live now with USD trading and 0 % fee?
https://www.okcoin.com/market.do?symbol=0

Indeed, it was announced not long ago. (And Huobi has BitVC, too.)

It is possible that the rise at the end of May was Chinese traders buying BTC in antecipation of these "overseas Chinese" exchanges opening.

And today's drop may have been people finally being able to move those BTC to the overseas OKCoin and sell them for USD.  Too many of them at the same time?

(Presumably OKCoin is open to anyone, while BitVC is still by invitation, AFAIK.)

[deadley]

rebound in progress? or ignition.. we shall see

There is no rebounds, just check 49 BTC on sell side for 603, it means people still seeing opportunities on selling side.

[derpinheimer]

rebound in progress? or ignition.. we shall see

There is no rebounds, just check 49 BTC on sell side for 603, it means people still seeing opportunities on selling side.

Oops, did I do that?

16:27:21
603 : 97.25

[ArbatDeli]

rebound in progress? or ignition.. we shall see

Looks like double bottom to me. But we might just retrace and then continue more down.

[johnwest]

rebound in progress? or ignition.. we shall see

Looks like double bottom to me. But we might just retrace and then continue more down.

I am still not sure about double bottom yet, but let's wait more then it will confirm, if there is or not.

[ChartBuddy]

Explanation

[deadley]

rebound in progress? or ignition.. we shall see

There is no rebounds, just check 49 BTC on sell side for 603, it means people still seeing opportunities on selling side.

Oops, did I do that?

16:27:21
603 : 97.25

If you did, then good luck, but I am not sure yet that we are rebounding.

Normally in intraday rebounding not slow, it's always in good pace.

[derpinheimer]

inbe4 the TA experts claim they saw this coming. This is OBVIOUSLY the camel formation  

[JorgeStolfi]

Hm, the listed 24h volume at the recently-opened International OKCoin is a whopping 7.6 BTC (note, not "kBTC").  On second thoughts, maybe that opening did not cause the drop. 

(The BitVC site gives 23.7 kBTC as 24h volume, but that seems to include both BitVC and the Mainland Huobi.)

[justusranvier]

On second thoughts, maybe that opening did not cause the drop.

Maybe this did:

http://www.coindesk.com/secondmarket-ceo-barry-silbert-resigns/

[BTCfan1]

who else snapped up some cheap coins?

[gentlemand]

On second thoughts, maybe that opening did not cause the drop.

Maybe this did:

http://www.coindesk.com/secondmarket-ceo-barry-silbert-resigns/

He's resigning to throw himself fully at BTC. A strange reason to panic.