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

[grappa_barricata]

so the euro disaster wont be over for a long time. Expect more buying pressure mid term!

[adamstgBit]

so the euro disaster wont be over for a long time. Expect more buying pressure mid term!

what happened?

link the news about EUR someone.

[Torque]

so the euro disaster wont be over for a long time. Expect more buying pressure mid term!

what happened?

link the news about EUR someone.

This?
http://www.euronews.com/2014/09/04/ecb-makes-unexpected-eurozone-interest-rate-cut/

[hd060053]

http://online.wsj.com/articles/ecb-cuts-interest-rates-in-surprise-move-1409832304

[grappa_barricata]

[Mybitcoinz]

What could have caused this spike, a single whale buying?

[adamstgBit]

What could have caused this spike, a single whale buying?

yes don't worry bitcoins can only get cheaper, because its falling

[Torque]

What could have caused this spike, a single whale buying?

I honestly think we broke upward because we were scraping the bottom at around $470.  The last bottom we were scraping for a while was $420, and that was all the way back in May.  So my thinking is the "floor" has rising about $40-50 since then.

Don't quote me on it though, as this is just my personal theory. Bitcoin is full of surprises.

[falllling]

What could have caused this spike, a single whale buying?

yes don't worry bitcoins can only get cheaper, because its falling

how many dead cat bounces have we got in these weeks? still not learning?

[oda.krell]

What could have caused this spike, a single whale buying?

I honestly think we broke upward because we were scraping the bottom at around $470.  The last bottom we were scraping for a while was $420, and that was all the way back in May.  So my thinking is the "floor" has rising about $40-50 since then.

Don't quote me on it though, as bitcoin is full of surprises.

Agreed. Most likely technical (failure to break through previous low, high stability for the past 3-4 days, decent buying pressure on stamp), maybe triggered today by news (ECB decision) - but if so, it's probably more of a trigger than a reason.

Now, whether this is the turning point is another thing, entirely. Daily close above $500, and we can start talking about that possibility.

[cryptozio]

After this spike I'm expecting a little drop in value but probably we will go up from here in the next days.

[DutchTrades]

Where this pump is about:

-ECB lowering their interest with 0.05% witch causes panic by Europeans, so they might search for alternatives (Bitcoin, gold etc.)
-A nice Bitcoin article https://www.coindesk.com/google-analyst-bitcoin-regulation/
-Ebay going to accept Bitcoin payments

[cryptozio]

there's gonna be a new pump in 2 mins.

what the...

How could you know this O_o
Maybe we followed a pump from the china exchanges?

[molecular]

there's gonna be a new pump in 2 mins.

what the...

How could you know this O_o
Maybe we followed a pump from the china exchanges?

actually the post was way after the big upswing, right?

[franckuestein]

Where this pump is about:

-ECB lowering their interest with 0.05% witch causes panic by Europeans, so they might search for alternatives (Bitcoin, gold etc.)
-A nice Bitcoin article https://www.coindesk.com/google-analyst-bitcoin-regulation/
-Ebay going to accept Bitcoin payments

Source?
eBay CEO is very interested on Bitcoin but is there any "new" article with an explicit sentence saying that they're going to accept it as a payment method?
Anyway, that 3 news maybe are the ones that moved the market, of course.

[falllling]

Where this pump is about:

-ECB lowering their interest with 0.05% witch causes panic by Europeans, so they might search for alternatives (Bitcoin, gold etc.)
-A nice Bitcoin article https://www.coindesk.com/google-analyst-bitcoin-regulation/
-Ebay going to accept Bitcoin payments

Source?
eBay CEO is very interested on Bitcoin but is there any new article with an explicit sentence saying that they're going to accept it as a payment method?
Anyway, that 3 news maybe are the ones that moved the market, of course.

there is no source, just another dead cat bounce like we had before

[Torque]

there is no source, just another dead cat bounce like we had before

You better close your shorts and fast, dude.

[findftp]

Does somebody know if the poll was about this week or next?

[adamstgBit]

Does somebody know if the poll was about this week or next?

this week.

last week was will price go below 500

[grappa_barricata]

-ECB lowering their interest with 0.05% witch causes panic by Europeans, so they might search for alternatives (Bitcoin, gold etc.)