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

[Room101]

In boom times of rapidly rising stock markets like now, counterparty risk is not something people think of, return on investment reigns supreme. Sometime soon return of investment will take primary place in peoples minds, and how many places can you park your money with little to no couterparty issues? Nobody can print more BTC and nobody can change a law and say you no longer own it. Outlawing it like they have with gold in the past is the only real issue, and gold confiscation has never worked out so well for governments.

[adaseb]

Go long here!

[holzer]

Nom Nom Nom

[grappa_barricata]

Forget coffee... i'm opening a bottle of grappa barricata right now.

[JerryCurlzzz]

Whoa, were those walls entirely eaten on Bitfinex? Or partly pulled maybe? Looks like a lot of volume on Wisdom, but didn't manage to catch the action.... what happened?!

[razorramon]

i guess someone bought his own asks just to keep us involved

[Wexlike]

"2014 - the year of bitcoin"

LOL, how's that get rich quick working out for ya?

Ok i guess. Holding and accumulating more. Nothing else to do lately.
It is funny that the price drops in the past were atleast artifically connected to some bad news. Now it is just dropping, lol.

[Teppino]

maybe it's fishing for another round of margin calls, if i were to trade this i'll put my orders on high 300's @btce

but i'm just painfully holding  

[holzer]

Whoa, were those walls entirely eaten on Bitfinex? Or partly pulled maybe? Looks like a lot of volume on Wisdom, but didn't manage to catch the action.... what happened?!

All eaten, didnt see any get pulled, it was fast.

[klee]

That was fast!

[grappa_barricata]

Rocket launchpad formation at 15m.

[dropt]

"2014 - the year of bitcoin"

LOL, how's that get rich quick working out for ya?

Ok i guess. Holding and accumulating more. Nothing else to do lately.
It is funny that the price drops in the past were atleast artifically connected to some bad news. Now it is just dropping, lol.

  I wish we had an inside line to Stamp and Finex to know if it was one or multiple parties colluding on the baseless dumps.

[iram3130]

i guess someone bought his own asks just to keep us involved

lol, you think someone is that fool and give free commission.
There was big order and it was eaten by others.

[razorramon]

i guess someone bought his own asks just to keep us involved

lol, you think someone is that fool and give free commission.
There was big order and it was eaten by others.

well then there were no fake walls and people with ~ 2000btc just got out

[ShroomsKit]

Some nice manipulation walls on Bitfinex. They'll disappear in an instant if the rest of the market moves up. But for now, the trend continues down. This is a bit painful to watch tbh.

According to our mod Blitz there is no manipulation.

[grappa_barricata]

i guess someone bought his own asks just to keep us involved

lol, you think someone is that fool and give free commission.
There was big order and it was eaten by others.

well then there were no fake walls and people with ~ 2000btc just got out

[thefunkybits]

ummm

BFX is this for real??

[ShroomsKit]

This market is completely fucked. Right now we are simply watching it getting it destroyed. Bitcoin is becoming worthless.
Nobody around me talks about it anymore let alone considers investing in it.

What sane person would put money in a market where he is guaranteed to get dumped on the next day?
The dumpers are destroying the market. It's that simple.
They will keep doing it till we can't go lower anymore. Only then are they happy and will move on.  

[razorramon]

maybe it was GABI...
would be nice to see a little rise and a little bullishness again

[ChartBuddy]

Explanation