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

[Walsoraj]

adam, you nazi. stop deleting my posts.

[ChartBuddy]

Explanation

[JayJuanGee]

If i go to sleep i know this will happen:

So, profit taken, and good night!

Scary sleeping in fiat... at least for me, but to each his/her own.

[JayJuanGee]

market should hold here for a while clearly its a sticky price.

place your bets!

Indeed! the stability here is a great sign

I still think a retest of $500 is entirely possible this weekend though...

but coinbase should have a fresh wad of fiat ready to go and taking orders again, tomorrow.
and this is the settled price for the whale eat whale move we just had, moving away in any direction seems unlikely, we maybe stuck here so long as vol keeps coming.

You see Adam..... this is part of the problem and misunderstanding regarding the Coinbase situation, and you seem to be continuing to misunderstand the Coinbase situation too.... b/c I don't see you as someone who spreads FUD and misinformation, unless you are joking around...   HERE, you do not appear to be joking.   


My point is this:  Coinbase ran out of coins between about 10pm Eastern Standard time (in the US) Saturday August 16 and 4 am Eastern Standard time (in the US) Sunday August 17, and during that time they communicated to their customers that they could guarantee coins on Friday August 22 (at whatever time of the day that the customer had attempted to buy BTC through coinbase). 

At about 4 am Eastern Standard time (in the US) Sunday August 17, Coinbase acquired more BTC for sale, and it has NOT run out of coins since then.  Accordingly, Coinbase has been selling BTC to customers all fricking week... without any further shortage.  So there is NO obvious need for them to purchase and to make any additional coins available on this friday, August 22 (at least no public mention of such).  Hopefully this explanation helps. 

[Richy_T]

Forgive my ignorance, but are ethereum 'coins/tokens' a mere anti-spam device? If so, then their value will approach the cost of solving a captcha, or similar systems (in the orders of 0.002$).

They are actually a pretty interesting technology. But they are over-hyped and over-invested.

[JayJuanGee]

adam, you nazi. stop deleting my posts.

HOW do you know that it is Adam who is removing your posts?  

Also, you have been pretty bullish lately, which should be a good thing that allows your posts to stay.   


Except for the various posts of pictures of dead bears, your posts have been pretty socially acceptable...    

[Walsoraj]

adam, you nazi. stop deleting my posts.

HOW do you know it is him?  Also, you have been pretty bullish lately, which should be a good thing, except for the various posts of pictures of dead bears, you have been pretty socially acceptable...   

They were drunk, not dead.

[thefunkybits]

market should hold here for a while clearly its a sticky price.

place your bets!

Indeed! the stability here is a great sign

I still think a retest of $500 is entirely possible this weekend though...

but coinbase should have a fresh wad of fiat ready to go and taking orders again, tomorrow.
and this is the settled price for the whale eat whale move we just had, moving away in any direction seems unlikely, we maybe stuck here so long as vol keeps coming.

I believe TA always rules over any "news" or "fundamentals", hence why I think it should at least touch this support line

Behold my famous mspaint chart:
 

[JayJuanGee]

market should hold here for a while clearly its a sticky price.

place your bets!

Indeed! the stability here is a great sign

I still think a retest of $500 is entirely possible this weekend though...

but coinbase should have a fresh wad of fiat ready to go and taking orders again, tomorrow.
and this is the settled price for the whale eat whale move we just had, moving away in any direction seems unlikely, we maybe stuck here so long as vol keeps coming.

I believe TA always rules over any "news" or "fundamentals", hence why I think it should at least touch this support line

Behold my famous mspaint chart:
 

What AMAZING TA skills...        Your prediction may come true tonight since price is hovering around $510, as I type.

[adamstgBit]

trader logic: going below 510 for more than an hour would probably mean crash to 490, better sell now b4 it breaks.

well fook!

[vuduchyld]

We are going to settle around $500 until early Sept. Then mini-bubble followed by stagnation until mega-bubble in March 2015.

Yep

[adamstgBit]

china seems to be leading this one. stamps is clearly just fallowing, you can tell because the vol is happening in china and bitfinex, not much vol on stamps = following.

[X7]

[adamstgBit]

[adamstgBit]

lets review

market crashes. 450
market manipulator, does his thing and makes bank buying low selling high. 470-490
alpaca see this as a whale eating opportunity, MON MON MON. 530
24hours of knocking on resistance absorbing 2 solid dumps. 510-525
market wavers because china 510

whats next?

idk but the bitcoin story never ends. its like a slow mo suspense thriller from the depths hell!  i love it.

[X7]

lets review

market crashes. 450
market manipulator, does his thing and makes bank buying low selling high. 470-490
alpaca see this as a whale eating opportunity, MON MON MON. 530
24hours of knocking on resistance absorbing 2 solid dumps. 510-525
market wavers because china 510

whats next?

idk but the bitcoin story never ends. its like a slow mo suspense thriller from the depths hell!  i love it.

Lol you think we got shit bad Adam? the guy chillin with the beer... (People in the BTC market)

... the earth...  (kids who bought litecoin at 30$ and then it hit 2$ lol)

[ChartBuddy]

Explanation

[adamstgBit]

http://cointelegraph.com/news/112318/live-free-or-die-nh-governor-candidate-calls-for-bitliberty-in-response-the-bitlicense

very important every bitcoiner in New Hampshire votes for this Andrew Hemingway

oh ic what he did there... well played Andrew well played!  

what the world wants the world gets

[chromosoma]

Hahaha, bitcoin chart reminds me  diarrhoea.
You are hungry, you ate something and feel relief, but  in 10 min you are hungry again:)))

[adamstgBit]

Hahaha, bitcoin chart reminds me  diarrhoea.
You are hungry, you ate something and feel relief, but  in 10 min you are hungry again:)))

agreed charts look so bearish right now.

investors can't care because its happening.