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

[derpinheimer]

Big volume on Huobi, no movement in price. Ask walls piling up, but also getting eaten.

[ChartBuddy]

Explanation

[kireinaha]

Come on China, you're letting me down. Bring on the dumps!

[solex]

I didn't think we would see this last bear trap before the next bubble.

I think we were spoilt with 2 bubbles in 2013, so maybe zero in 2014 evens things out...

[kireinaha]

I didn't think we would see this last bear trap before the next bubble.

"before the next bubble"

...



...sorry, no more bubbles in bitcoin. just a slow bleed down back to where we started

[JayJuanGee]

Zero, zilch, nada, not going to happen.

$4000 by the end of next year... unlikely but certainly possible.

$4000 by the end of this year... I will ride along the ocean with a magical unicorn on my way to seizing control of the entire universe before that happens. Understand? NO!!! Not .000000000000000000000001% chance.... just ZERO!

You seem too well educated to be a newbie, until the point that you seem the alter ego of a whale playing the newbie roll.

However, is most plausible the 25% odd of reaching 4000$ before 31 dec than the .000000000000000000000001%, and we can bet on that numbers if you want to put your money where your mouth is.

I have about $1500 to my name, too much credit card debt, and a ton of student loans... I assure you good sir, that I am not a whale. What price are you suggesting as the bet? $4000. I'd take out loans that I am not even sure that I can get... but I'd find a way... I'd rob a lady on the street if necessary... to bet that there is no way in hell that we are at $4000 by December 31st.

"Date Registered:   June 27, 2014, 03:02:57 AM"

Will another newcomer bite the dust??
You think you seen bitcoin player? I tell you this kid, you ain't seen bitcoin till you see it double in less then 3 days; That would be $1.1k by saturday

I will also do a bet that it won't be at $1,100 by Saturday... I'd rob the same old lady to put as much on that bet as possible. I am actually looking out the window at a coffee shop for potential old ladies to rob at this point. Look what you people are making me become. You are turning me into a monster.

I found you delicious, Newbie, well said  

However, the bet is that:

.25:100000000

Or 25 satoshis VS 1 BTC.

Your original odd had way more zeroes, but I feel generous.

Hahaha... this is starting to feel like one of those bets where you think you won when it finishes and somehow you still lose. I am starting to feel out of my depth. All I'd say is that $4000 won't happen. Even with the mathematical possibilities, the psychology, momentum, and base is not there for that price... way too soon for expectations like that. Maybe, with .00000001 there is a galaxy that this becomes possible on... but we don't live on that galaxy.

I'll give you 1 BTC in December 31st though, for nothing in return (I think that is basically the bet), if we are at $4000. Promise. We can hash out contact details off the board.

If Newbie is as broke as he claims to be, then you probably need to hold the winning of the bet proceeds in escrow.   

[JorgeStolfi]

Wait, wasn't there a conjecture that Jed's "big XRP sell-off" threat caused a major BTC price move?  When/what was that, anyone remembers?

https://xrptalk.org/topic/2629-selling-my-xrp/
May 21

Funny,

  BTC price suddenly shoots up on May 20, after a month or relative stagnation.
  Jed announces his big Ripple sell-off on May 21.

  BTC price suddenly starts to drop on Aug/11, after a month of relative stagnation.
  Ripple announces on Aug/13 an agreement with Jed that prevents a big sell-off for 1-2 years.

Nah, it must be that conspiracy that is trying to make me think that I am paranoid. 

[beetcoin]

i'm hoping for the day when a few million dollars moving around an exchange doesn't greatly affect the price of bitcoin.. that's when we will know we have made it.

as it is right now, even a small event could swing the price $30 in either direction.

[JorgeStolfi]

I didn't think we would see this last bear trap before the next bubble.

I think we were spoilt with 2 bubbles in 2013, so maybe zero in 2014 evens things out...

Well, maybe the 2014 bubble did happen: May/20--Aug/13...

[cbeast]

I didn't think we would see this last bear trap before the next bubble.

"before the next bubble"

...


...sorry, no more bubbles in bitcoin. just a slow bleed down back to where we started

I've been calling it Bubblecoin a long time. Fortunately we're not seeing +/- 50% volatility anymore, but volatility is part of the nature of a 24/7 global market with no "cooldown" mechanisms.

[Dabs]

The bubbles are smaller relative to the values, even though in absolute amounts it went up (or down.) So the bursting effect is slower. Unlike last year's which was a 10 fold increase.

[JayJuanGee]

Bitcoin is dead. -Walszsche

Ripple to the moon. -Dogeoraj

Wrong forum.

Personally, I think that it is good to hear big news events happening with some of the other major crypto-currencies (or payment systems) to the extent that those other cryptos may affect bitcoin news, developments and competition. 

[JayJuanGee]

https://ripple.com/forum/viewtopic.php?f=1&t=7641
^ Ripple reaches deal with Jed. Engage XRP rockets.

Wait, wasn't there a conjecture that Jed's "big XRP sell-off" threat caused a major BTC price move?  When/what was that, anyone remembers?

https://xrptalk.org/topic/2629-selling-my-xrp/

May 21

Are you channeling Mah87?       

[ChartBuddy]

Explanation

[hyphymikey]

I don't see us moving sideways at these prices. We're going to move up or down soon in a big way, hopefully straight into my bids. Either way I'm ready.

[X7]

Explanation

Everyone is running around screaming like wild chickens... Meanwhile I am here buying BTC like...

[Newbie1022]

Zero, zilch, nada, not going to happen.

$4000 by the end of next year... unlikely but certainly possible.

$4000 by the end of this year... I will ride along the ocean with a magical unicorn on my way to seizing control of the entire universe before that happens. Understand? NO!!! Not .000000000000000000000001% chance.... just ZERO!

You seem too well educated to be a newbie, until the point that you seem the alter ego of a whale playing the newbie roll.

However, is most plausible the 25% odd of reaching 4000$ before 31 dec than the .000000000000000000000001%, and we can bet on that numbers if you want to put your money where your mouth is.

I have about $1500 to my name, too much credit card debt, and a ton of student loans... I assure you good sir, that I am not a whale. What price are you suggesting as the bet? $4000. I'd take out loans that I am not even sure that I can get... but I'd find a way... I'd rob a lady on the street if necessary... to bet that there is no way in hell that we are at $4000 by December 31st.

"Date Registered:   June 27, 2014, 03:02:57 AM"

Will another newcomer bite the dust??
You think you seen bitcoin player? I tell you this kid, you ain't seen bitcoin till you see it double in less then 3 days; That would be $1.1k by saturday

I will also do a bet that it won't be at $1,100 by Saturday... I'd rob the same old lady to put as much on that bet as possible. I am actually looking out the window at a coffee shop for potential old ladies to rob at this point. Look what you people are making me become. You are turning me into a monster.

I found you delicious, Newbie, well said  

However, the bet is that:

.25:100000000

Or 25 satoshis VS 1 BTC.

Your original odd had way more zeroes, but I feel generous.

Hahaha... this is starting to feel like one of those bets where you think you won when it finishes and somehow you still lose. I am starting to feel out of my depth. All I'd say is that $4000 won't happen. Even with the mathematical possibilities, the psychology, momentum, and base is not there for that price... way too soon for expectations like that. Maybe, with .00000001 there is a galaxy that this becomes possible on... but we don't live on that galaxy.

I'll give you 1 BTC in December 31st though, for nothing in return (I think that is basically the bet), if we are at $4000. Promise. We can hash out contact details off the board.

If Newbie is as broke as he claims to be, then you probably need to hold the winning of the bet proceeds in escrow.   

Student loans between now and then. If I lose that bet... I might as well give up on eating... and caring about anything, really. I promise to pay and will release my personal info in a private message if need be... don't want to broadcast it.

[Newbie1022]

I don't see us moving sideways at these prices. We're going to move up or down soon in a big way, hopefully straight into my bids. Either way I'm ready.

Whenever somebody says this... sideways happens

[Bitcoin_is_here_to_stay]

How come almost 40% people think short term trend is bullish?!? This is today's poll, right?

[Newbie1022]

How come almost 40% people think short term trend is bullish?!? This is today's poll, right?

They are expecting a bounce back... not yet... Ethereum is going to continue to drag us through mud and regulations aren't kicking our way lately. It could go sideways, here, if we are lucky and get a bounce later. However, by then, there will be sustained wealth destruction.

Ethereum basically found a way to alienate and piss off the entire crypto world. Nice job a--holes!