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

[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.

[adamstgBit]

12hours later still listening and dreaming  of a world where our money is accepted everywhere.

[Richy_T]

Explanation

What is that hole in the bids at 20:30? Seems like the bitstamp api didn't return the bids at all at that time...

That's not a hole. The bids just dropped. Holes generally affect both sides.

[adamstgBit]

do you code?

this one's for you!

http://cointelegraph.com/news/112315/blockio-a-fool-proof-api-and-wallet-that-shakes-service-fees

[adamstgBit]

Explanation

What is that hole in the bids at 20:30? Seems like the bitstamp api didn't return the bids at all at that time...

That's not a hole. The bids just dropped. Holes generally affect both sides.

that was 1.2K BTC dump and then instant flash recovery, i was impressed, and then it happened again!