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

[dnaleor]

Actually, we've just been through the bubble, we just haven't noticed it!
Look at the 1w MACD histogram.

Now, wait 8 months till the next one.  



EDIT. So, the calendar trading probably wasn't such a bad idea. 

lol, maybe you are right. 
Retirement delayed with 8 months 

[inca]

We are drifting down but the orderbook on stamp is interesting. <1700 coins to get back to 620.

My take: we either get some proper dumping which the market doensn't look up for or this is a headfake down prior to a big move upwards.

How much money will a dumper really have made dumping at 620, 610, 600, 590 with the hope of buying back in. Not much.

Either way i will buy another tranche of coins over the next couple of days. 

[ShroomsKit]

We are drifting down but the orderbook on stamp is interesting. <1700 coins to get back to 620.

My take: we either get some proper dumping which the market doensn't look up for or this is a headfake down prior to a big move upwards.

How much money will a dumper really have made dumping at 620, 610, 600, 590 with the hope of buying back in. Not much.

Either way i will buy another tranche of coins over the next couple of days. 

All these "cheap coins" and nobody is buying. People stopped buying long time ago already. Why would they suddenly start now.

[madmat]

We are drifting down but the orderbook on stamp is interesting. <1700 coins to get back to 620.

My take: we either get some proper dumping which the market doensn't look up for or this is a headfake down prior to a big move upwards.

How much money will a dumper really have made dumping at 620, 610, 600, 590 with the hope of buying back in. Not much.

Either way i will buy another tranche of coins over the next couple of days. 

All these "cheap coins" and nobody is buying. People stopped buying long time ago already. Why would they suddenly start now.

This is summer. A lot of people are on holidays and don't buy. We just have to buy now and to wait for September.

[JayJuanGee]

7778 is the ATH, right?  Time to short the thread.

Post dumpers are running out of stream... 

[ChartBuddy]

Explanation

[falllling]

We are drifting down but the orderbook on stamp is interesting. <1700 coins to get back to 620.

My take: we either get some proper dumping which the market doensn't look up for or this is a headfake down prior to a big move upwards.

How much money will a dumper really have made dumping at 620, 610, 600, 590 with the hope of buying back in. Not much.

Either way i will buy another tranche of coins over the next couple of days.  

All these "cheap coins" and nobody is buying. People stopped buying long time ago already. Why would they suddenly start now.

correct, all those liers and bag holders are keep talking about "cheap coins" but they aren't buying them, instead they are encouraging you to buy, how kindly they are!
nice try!

[dreamspark]

Only 2000 coins being sold caused this price drop, are we likely to recover or will we get some more panickers?

I think people are getting bored after this promised summer bubble and are now shutting down positions in anticipation of a slow market for a few months.

[ShroomsKit]

We are drifting down but the orderbook on stamp is interesting. <1700 coins to get back to 620.

My take: we either get some proper dumping which the market doensn't look up for or this is a headfake down prior to a big move upwards.

How much money will a dumper really have made dumping at 620, 610, 600, 590 with the hope of buying back in. Not much.

Either way i will buy another tranche of coins over the next couple of days. 

All these "cheap coins" and nobody is buying. People stopped buying long time ago already. Why would they suddenly start now.

This is summer. A lot of people are on holidays and don't buy. We just have to buy now and to wait for September.

I was told for months in the summer we would reach an ath. That didn't happen and now suddenly the reason is the summer. And in september we'll go up again. Right.
I'm sure you'll manage to draw some lines on a chart to support that as well.

I sure hope no noobies are buying or selling based on what people post here because i never seen as much bullshit as in this forum.

[ShroomsKit]

Only 2000 coins being sold caused this price drop, are we likely to recover or will we get some more panickers?

I think people are getting bored after this promised summer bubble and are now shutting down positions in anticipation of a slow market for a few months.

There simply is no reason to go up anymore. We tried, got stuck at 620, waited and waited and gave up.
Now it's back to bear market. All the idiot trolls popping up confirms this.

[falllling]

Only 2000 coins being sold caused this price drop, are we likely to recover or will we get some more panickers?

I think people are getting bored after this promised summer bubble and are now shutting down positions in anticipation of a slow market for a few months.

correct, once people realizes the price is not going to raise anymore, the price will even drop harder!

[podyx]

Only 2000 coins being sold caused this price drop, are we likely to recover or will we get some more panickers?

I think people are getting bored after this promised summer bubble and are now shutting down positions in anticipation of a slow market for a few months.

correct, once people realizes the price is not going to raise anymore, the price will even drop harder!

The genius have spoken!

[madmat]

We are drifting down but the orderbook on stamp is interesting. <1700 coins to get back to 620.

My take: we either get some proper dumping which the market doensn't look up for or this is a headfake down prior to a big move upwards.

How much money will a dumper really have made dumping at 620, 610, 600, 590 with the hope of buying back in. Not much.

Either way i will buy another tranche of coins over the next couple of days. 

All these "cheap coins" and nobody is buying. People stopped buying long time ago already. Why would they suddenly start now.

This is summer. A lot of people are on holidays and don't buy. We just have to buy now and to wait for September.

I was told for months in the summer we would reach an ath. That didn't happen and now suddenly the reason is the summer. And in september we'll go up again. Right.
I'm sure you'll manage to draw some lines on a chart to support that as well.

I sure hope no noobies are buying or selling based on what people post here because i never seen as much bullshit as in this forum.

It was stupid to think there will be an ath during summer.

[MoreFun]

Be careful, $575 at stamp is not so well protected as it looks, there are fake walls, only 1250 BTC to break it.

[ShroomsKit]

Be careful, $575 at stamp is not so well protected as it looks, there are fake walls, only 1250 BTC to break it.

We will break it i think. Easily. 550 wouldn't surprise me today or tomorrow.

[mooncake]

Be careful, $575 at stamp is not so well protected as it looks, there are fake walls, only 1250 BTC to break it.

You can try breaking it. 

[MoreFun]

Be careful, $575 at stamp is not so well protected as it looks, there are fake walls, only 1250 BTC to break it.

We will break it i think. Easily. 550 wouldn't surprise me today or tomorrow.

Stamp also has less than $9M on bid side, which is probably this year LOW record.

[ChartBuddy]

Explanation

[ShroomsKit]

We're going up. Told you so.

[falllling]

We're going up. Told you so.

we are going down to $550 in 24 hours