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

[Schickeria]

This was a buy of one or at least only a few entities. So only they can get trapped on the current price level.

That's what I love about this place.

A decent dump by one or a few entities and it's the end of Bitcoin.

A decent buy by one or a few entities and it's moon train time.

 

I said nothing about moon or trains! Please don't put words in my mouth.

Even breaking 500 would mean nothing more than breaking a very short term bear trend, and has a lot of potential for a bigger bull trap.

[edwardspitz]

Uh! Momentum out of nothing. That could get really interesting this time....

lets see if we can break it this time...

Was going to post the same

Ha ha. Me too. It would a least be nice too test the wall and see if that was the case.

Also I think there is a bit too much anonymity for large players in the market. Currently there is no way to tell if a player is buying/selling his own coins (using different accounts). If this has become common practice it is really bad and no one benefits from it. If large players were forced to display a trader identification code that would provide a way to recognize moves of individual large players. It could also help to identify when these large volume events are legit.

[grappa_barricata]

Also I think there is a bit too much anonymity for large players in the market. Currently there is no way to tell if a player is buying/selling his own coins (using different accounts).

They don't even have to use different accounts... it is possible to execute against your own offers.

[JayJuanGee]

Bitcoin Embassy in Poland

cool!

Gonna give the Finland Malla a run for its money?

[ChartBuddy]

Explanation

[JimboToronto]

A poster can still be a buyer and holder and still meaningfully participate in this speculation thread.  You, NotLambChops, are trying to define which points of view are more relevant to this thread as if the thread's design and purpose is ONLY trading.. to attempt to profit on the ups and the downs.  Your viewpoint in this regard, if it is real, is quite wrong.

I agree. Speculation is much more than mere price speculation and trading.

[kurb3l]

Ha ha. Me too. It would a least be nice too test the wall and see if that was the case.

Also I think there is a bit too much anonymity for large players in the market. Currently there is no way to tell if a player is buying/selling his own coins (using different accounts). If this has become common practice it is really bad and no one benefits from it. If large players were forced to display a trader identification code that would provide a way to recognize moves of individual large players. It could also help to identify when these large volume events are legit.

Isn't this a free market?
It leaves a huge possibility for manipulation. I'd be interested to see who's initially buying and how many follow after, just so the initial buyer can dump higher. Quick bucks are being made

[JimboToronto]

This was a buy of one or at least only a few entities. So only they can get trapped on the current price level.

That's what I love about this place.

A decent dump by one or a few entities and it's the end of Bitcoin.

A decent buy by one or a few entities and it's moon train time.

 

I said nothing about moon or trains! Please don't put words in my mouth.

Even breaking 500 would mean nothing more than breaking a very short term bear trend, and has a lot of potential for a bigger bull trap.

Sorry if you thought I was referring to you. It was more a reference to the person you were responding to.

I was actually agreeing with your assessment of the recent price spike as being the work of only one or a few entities.

[NotLambchop]

... Not bitching about you being off-topic, that's fine with me, as long as you understand that you are off-topic.  This is about BTC price, not eventual success or failure of Bitcoin...

WTF?    A poster can still be a buyer and holder and still meaningfully participate in this speculation thread.  You, NotLambChops, are trying to define which points of view are more relevant to this thread as if the thread's design and purpose is ONLY trading.. to attempt to profit on the ups and the downs.  Your viewpoint in this regard, if it is real, is quite wrong.
...

Topic of this thread:  Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

Bitcoin
Price
Movement
Tracking

You could understand why I mistakenly assumed that this thread was about tracking Bitcoin price, right?

[Newbie1022]

... Not bitching about you being off-topic, that's fine with me, as long as you understand that you are off-topic.  This is about BTC price, not eventual success or failure of Bitcoin...

WTF?    A poster can still be a buyer and holder and still meaningfully participate in this speculation thread.  You, NotLambChops, are trying to define which points of view are more relevant to this thread as if the thread's design and purpose is ONLY trading.. to attempt to profit on the ups and the downs.  Your viewpoint in this regard, if it is real, is quite wrong.
...

Topic of this thread:  Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

Bitcoin
Price
Movement
Tracking

You could understand why I mistakenly assumed that this thread was about tracking Bitcoin price, right?

Stop with the logic. They don't speak logic. You'll confuse them.

[JayJuanGee]

... (i.e BTC in my view is stonger than it was when I bought, and as a buyer with a long term view now is a odd time to sell) which was answering the question that Klee had asked.  Hope that makes sense.

You and the market haven't been seeing eye-to-eye since 2013.  One of you is wrong, and teh market is definitive.  So yeah.

Protip: When reality (like falling BTC price and people selling) doesn't make sense to you, don't assume that, just 'coz you don't understand it, it's somehow "wrong" or nonsensical.
Keep trying to understand.
I'm rootin' for ya!

From my understanding the BTC market did NOT start in December 2013 - accordingly it has a longer history, so any person, whether "pro" or NOT should account for that.  Additionally, anyone can look at a 9 months market and assert that "you should have... blah, blah, blah."  That does NOT make a pro, but instead a pest... or more likely a troll.

[Schickeria]

Sorry if you thought I was referring to you. It was more a reference to the person you were responding to.

Okay, sorry for misunderstanding. Friends again!  

[empowering]

... Not bitching about you being off-topic, that's fine with me, as long as you understand that you are off-topic.  This is about BTC price, not eventual success or failure of Bitcoin...

WTF?    A poster can still be a buyer and holder and still meaningfully participate in this speculation thread.  You, NotLambChops, are trying to define which points of view are more relevant to this thread as if the thread's design and purpose is ONLY trading.. to attempt to profit on the ups and the downs.  Your viewpoint in this regard, if it is real, is quite wrong.
...

Topic of this thread:  Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

Bitcoin
Price
Movement
Tracking

You could understand why I mistakenly assumed that this thread was about tracking Bitcoin price, right?

I could understand your mistaken assumption , but only if you do not actually read the thread, maybe it is that reading/writing ratio again?    
Really though you must have noticed the diversity of the topics and views and posters in the thread... I cannot for the life of me work out how you could have missed it, if you are actually reading.

[NotLambchop]

... (i.e BTC in my view is stonger than it was when I bought, and as a buyer with a long term view now is a odd time to sell) which was answering the question that Klee had asked.  Hope that makes sense.

You and the market haven't been seeing eye-to-eye since 2013.  One of you is wrong, and teh market is definitive.  So yeah.

Protip: When reality (like falling BTC price and people selling) doesn't make sense to you, don't assume that, just 'coz you don't understand it, it's somehow "wrong" or nonsensical.
Keep trying to understand.
I'm rootin' for ya!

From my understanding the BTC market did NOT start in December 2013 - accordingly it has a longer history, so any person, whether "pro" or NOT should account for that.  Additionally, anyone can look at a 9 months market and assert that "you should have... blah, blah, blah."  That does NOT make a pro, but instead a pest... or more likely a troll.

You.  If you don't understand what you're replying to--don't reply.  Hopefully, at least this is clear.

[JimboToronto]

Sorry if you thought I was referring to you. It was more a reference to the person you were responding to.

Okay, sorry for misunderstanding. Friends again!  

Cool. Hopefully we're all friends around here, although FUD spammers can be annoying at times.

We might not all think alike but hopefully we can at least agree to disagree.

[Richy_T]

Markets lost interest on Apple watch.

Apple pay is the battle ground. BTC is the nuclear bomb.

Apple likes to act like it still dominates the smartphone market. Vendor lock-in is so last-decade. Any such effort which would hope to succeed would need to include Android, possibly Windows and should ideally run on open standards.

Screw Apple.

[NotLambchop]

Look for the big red font!

... Not bitching about you being off-topic, that's fine with me, as long as you understand that you are off-topic.  This is about BTC price, not eventual success or failure of Bitcoin...

WTF?    A poster can still be a buyer and holder and still meaningfully participate in this speculation thread.  You, NotLambChops, are trying to define which points of view are more relevant to this thread as if the thread's design and purpose is ONLY trading.. to attempt to profit on the ups and the downs.  Your viewpoint in this regard, if it is real, is quite wrong.
...

Topic of this thread:  Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

Bitcoin
Price
Movement
Tracking

You could understand why I mistakenly assumed that this thread was about tracking Bitcoin price, right?

I could understand your mistaken assumption , but only if you do not actually read the thread, maybe it is that reading/writing ratio again?    
Really though you must have noticed the diversity of the topics and views and posters in the thread... I cannot for the life of me work out how you could have missed it, if you are actually reading.

[Richy_T]

Lady, gentlemen: I am all in.

So tempting to make a Hokey Cokey joke.

[derpinheimer]

Well, this is getting ugly fast. It was a trap, folks.

Not so sure. I would not be surprised to see the price slowly drop (from the peak) and then take another jump up from ~465

[JimboToronto]

Screw Apple.

amen