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

[ChartBuddy]

Explanation

[DubFX]

this is the last period with BTC above $500

arepo already killed himself back in May, and there will be a lot more suicides coming

What a disturbing comment. You're a real charmer.

That was really disturbing sentence, gotta admit that. But you're wrong and it's likely to be last time under 500

[ChartBuddy]

Explanation

[tarmi]

ah, if rpietila is calling the bottom, I might short even more.  

he must be that desperate buyer buying all the coins on stamp to 510.

[kurious]

SHOULD I BUY 1.5BTC right now for $845? (BTW im in the uk and the price is £338/btc)

Only if you aren't already AML/KYC'd at an exchange. That's a pretty hefty commission.

GO to this place if you're in the UK - it does take a commission, but as soon as your bank transfer hits - they send you BTC - usually it takes less than an hour - once you're registered.

http://www.speedybitcoin.co.uk

Currently £318 - I use them when I can't get fiat in fast - it is NOT the cheapest rate - but it is close enough (and better than you quoted).

Plus when you see a dip - it is a godsend.

EDIT: and when I say 'less than an hour' I mean from when you send your bank transfer!

I need an invitation code

Sorry Ibrahim - ben on there a couple of years and this is new - they seem to have a queue for new registrants!  Apologies - but do try!

[mmitech]

This guy have such a talent that reminds me of the economists on this board.

Click on the image to watch

[ShroomsKit]

fake or not is irrelevant really, regardless of the validity of their volume, OKcoin control the market with it and unless Stamp/Finex grow some balls and do their own natural thing then the situation wont change.

It's not exactly fake.

[Schickeria]

This guy have such a talent that reminds me of the economists on this board.

Ha, ha! Good one. But don't believe that there are a lot better economists outside. If I look there, it's more aristocracy than quality. So you should extend your comparison ;-)

[5cMXezpBtm]

What a silly chart now- since 4 hours between 502 and 507

[ChartBuddy]

Explanation

[Miz4r]

Bounce to $550 incoming, bullish divergence is obvious:

[fonzie]

Talking about gambling addiction. I´m leveraged long LTC/BTC + BTC/USD 

[Richy_T]

I would say that Amazon would love to enable BTC, but TPTB doesn´t let this happen.

My theory is that if Amazon accepts BTC, they won't simply be plumbing Coinbase into their existing system, they will be wanting to extract every last $ and BTC they can so we'll see something extremely vertical possibly up to and including an Amazon exchange. Make no mistake, Amazon and Ebay/Paypal is the next big tech company battle getting ready to face-off. If Amazon can find a way to use BTC to gut Paypal, it'll happen.

[lemonte]

Big new orders between 450$ and 470$ on finex. 

Same on Stamp!

1000 btc bid at $470.05 & 269.31 at $470 just to get things started.

Not necessarily real and could be pulled the second someone takes a nibble, but certainly looking a bit nicer than yesterday

[tarmi]

new fiat coming in, I guess we will have a little weekend rally.

[ChartBuddy]

Explanation

[Yololintian]

Big new orders between 450$ and 470$ on finex. 

That's amazing. The book looks 10 times better. Huobi's is looking better too. This is quite bullish.

[_javi_]

http://www.reuters.com/article/2014/08/14/us-bitcoin-ebay-idUSKBN0GE2D420140814

"Ebay in talks to take bitcoins at payments unit "

bullish??

nah, keep dumping, you foools 

[Richy_T]

Hence, this strikes me as a trap. I might also be saying that, though, because I fell for the last trap. I am starting to realize that I am out of my depth playing a card game with a guy outside a shop in New York.

As long as the guy is not the naked cowboy and the game is not strip poker.

[fred1111]

The recent bearishness is completely irrational, when looking at BTC acceptance by merchants, BTC startups, and also as a brand. Sure, it might not be worth 10 000. But falling back to 200. I don't think so.