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

[fallinglantern]

if you have courage you will wait and hope to support lower prices.

i was a coward and went all in.

such shame

Why not buy now AND later? Honestly, I just keep throwing the same amount of fiat at BTC every month without concern for timing the market.

[1715403259]

1715403259

[1715403259]

1715403259

[adamstgBit]

if you have courage you will wait and hope to support lower prices.

i was a coward and went all in.

such shame

Why not buy now AND later? Honestly, I just keep throwing the same amount of fiat at BTC every month without concern for timing the market.

not much fun.... but better then panicking on every swing

for me the fun is watching the story unfold, talking about it here, while placing bets on the market.

also i mean look at the post above... this is no joke, wall street is seriously trying to step into this market in a big way and fucking with us, this for real, yelling about it here is invigorating!

love it 

[Newbie1022]

So, we have the same pattern emerging on the four hour chart as we have had the past three nights. This time it could break up or down... I mean, this really can't go on forever. Yet, there is some manipulation afoot so maybe the dumpers aren't done.

So, if you think the market the past few days has nothing to do with manipulation... I'd say buy.
If you think the market the past few days was all about manipulation... hold bets for a clearer signal. If we break 525 convincingly (not necessarily by a lot, but sustained) then we should be in the clear.

By contrast, if we break 3100 on OKCoin, they had a cascade at that number so that could be the danger zone.

With the way Bitfinex didn't wipe out everybody who went past their margin yesterday, there is no telling what the danger zone is there... my guess is $495 or $490.

[JayJuanGee]

I question whether it would be o.k....

What does this ok mean exactly?

Maybe you do NOT realize that if you are NOT citing the whole quote, then you are citing the quote out of context.  

Additionally, from your question and from your fragmented, out of context quote, it appears that you are trolling rather than attempting to engage in substantive discussion of anything meaningful.

If I misunderstood you, then let me know, and we can start over..

Yes, you misunderstood me. Don't be so negative thinking, a troll trauma is explicable but not healthy for discussions ;-)

I did not understand the meaning of your statement, so I would be very pleased if you could deepen it.

I am just of the thinking that it could be difficult for BTC in the long term to recover from extended periods of downward price manipulation - b/c such sustained downward manipulation could cause too much exodus from the bitcoin space or even the marginalizing of bitcoin technology b/c of exiting and marginalizing of necessary bitcoin developments that are inspired by profit potential and potential for NOT taking seriously bitcoin... or even the investment into competitors that end up being worse than bitcoin.  

I could be wrong; however, b/c it is possible that even bitcoin could recover from such extensive downward price manipulation so long as behind the scenes developments are still taking place.  NONETHELESS, I am continuing to think that too low and too long manipulation of a price could be problematic for bitcoin.  

Also, by the way, I am NOT the only person to have made such a claim, so it is NOT like I am being innovative in my concern about prolong and extend downward BTC price manipulation.

Agreed.  I think that it's very fair to say, that the 2011 bubble/crash from $30 to $2 set bitcoin's progress back by 18 months.  People had lost total confidence in the market.  In the same way, if we saw bitcoin bubble/crash from $1200 all the way back down to $200-300 nearly 8-9 months later, and end 2014 much lower than the ATH, that would probably set bitcoin's progress back again by another 18-24 months.

Surely this is all speculation, but YES... that is kind of what I am thinking.  I was thinking that we have already been low for quite a while in February through April... and then we made some progress back up to $680 and then back down to $500s... good enough... ... but then into $400s may still be fairly tolerable.. but if BTC were going into $300s again.. and worse yet $200s... . that may NOT be the death of BTC.. but it would be a substantial blow and set back to the progress and the incentives for development, adoption,  expansion and meaningful (less hostile) regulations... Actually, the less hostile regulations is probably something that is needed... and the less that BTC is marginalized the more BTC friendly will be the regulatory potential.. I am thinking.

[Newbie1022]

Let's just pause and take a moment to say f--- the bastards behind Ethereum. Do they explain this market? No. Are they obvious downward pressure at a terrible time. Yes. So, in a nutshell, f--- those bastards!

[adamstgBit]

its our turn now!

make it count.

here comes my last 52 dollars!

fuck.

[ChartBuddy]

Explanation

[JimboToronto]

Let's just pause and take a moment to say f--- the bastards behind Ethereum. Do they explain this market? No. Are they obvious downward pressure at a terrible time. Yes. So, in a nutshell, f--- those bastards!

I've heard Vitalik Buterin speak at Bitcoin Decentral here in Toronto and he struck me as a decent, thoughtful and above all, highly intelligent kid young man.

If you really think that Ethereum is responsible for this little downswing, you should realize it's only temporary and thank them for giving you the opportunity to buy at these prices.

jmho

[shmadz]

its our turn now!

make it count.

here comes my last 52 dollars!

fuck.

Yeah dude, I got funds incoming too, I was gonna check in to virtex to see if funds arrived and I got a stupid captcha page,

Is virtex under ddos attack? Did they get hacked? Do you get the same thing when you try to log in?

[adamstgBit]

its our turn now!

make it count.

here comes my last 52 dollars!

fuck.

Yeah dude, I got funds incoming too, I was gonna check in to virtex to see if funds arrived and I got a stupid captcha page,

Is virtex under ddos attack? Did they get hacked? Do you get the same thing when you try to log in?

i loged in just now

no problem on my end

try clearing your browser cache and try again.

holy shit such walls at 600 on virtex  , i don't care, i'm bidding high cuz i'm pissed off now.

also good news everyone i have more then DOUBLE the fiat i thought i had.

want some?

 

[shmadz]

its our turn now!

make it count.

here comes my last 52 dollars!

fuck.

Yeah dude, I got funds incoming too, I was gonna check in to virtex to see if funds arrived and I got a stupid captcha page,

Is virtex under ddos attack? Did they get hacked? Do you get the same thing when you try to log in?

i loged in just now

no problem on my end

try clearing your browser cache and try again.

holy shit such walls at 600 on virtex  , i don't care, i'm bidding high cuz i'm pissed off now.

also good news everyone i have more then DOUBLE the fiat i thought i had.

want some?

 

Thanks dude, did system reboot and everything is good once again, still a little scary that they didn't trust my machine, guess it's time for a re-format. Once a year whether it needs it or not!

[adamstgBit]

its our turn now!

make it count.

here comes my last 52 dollars!

fuck.

Yeah dude, I got funds incoming too, I was gonna check in to virtex to see if funds arrived and I got a stupid captcha page,

Is virtex under ddos attack? Did they get hacked? Do you get the same thing when you try to log in?

i loged in just now

no problem on my end

try clearing your browser cache and try again.

holy shit such walls at 600 on virtex  , i don't care, i'm bidding high cuz i'm pissed off now.

also good news everyone i have more then DOUBLE the fiat i thought i had.

want some?

 

Thanks dude, did system reboot and everything is good once again, still a little scary that they didn't trust my machine, guess it's time for a re-format. Once a year whether it needs it or not!

vitrex has some hardcore security measures, you won't be able to login from any other computer, without an e-mail verification, i like this.

i guess you're bowers was bugging, making their site reject your request. or somthing.

[JimboToronto]

holy shit such walls at 600 on virtex  

Wow. Three equal asks totaling about a half week's average volume for Virtex.

Obviously the same person/group. I wonder who.

[ChartBuddy]

Explanation

[jaberwock]

No chinese bump yet?

Come on manipulators, dump and make cheap coins avaliable, will be good for both of us.

[Newbie1022]

Well folks... we going to break the $525 resistance or are we going to swing back down and start another cascade?

[freedomno1]

Well folks... we going to break the $525 resistance or are we going to swing back down and start another cascade?

420 420 420
I kid it might break 525 again since it did take a dip already before another drop or stabilization in a new sideways range.

[vuduchyld]

Well folks... we going to break the $525 resistance or are we going to swing back down and start another cascade?

The last two mornings, I woke up, looked at the price, and IMMEDIATELY bought.  I suspect that may happen again in about 7 hours and maybe again in about 31.

[shmadz]

holy shit such walls at 600 on virtex  

Wow. Three equal asks totaling about a half week's average volume for Virtex.

Obviously the same person/group. I wonder who.

Most of the ethereum team is based in Canada, right?

Might make sense to cash out on virtex, I know I would.

I'm not saying it's wrong for those guys to get paid, I'm just sayin'...

[jaberwock]

Well folks... we going to break the $525 resistance or are we going to swing back down and start another cascade?

Last two days we saw the drops between now and 5 hours after now.
If we see no drop, I will start to believe in stabilization, for now.