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

[BitChick]

Good morning fellow Bitcoin addicts. 

I am feeling pretty good about Bitcoin today.   

I think I see the light at the end of the tunnel finally!

[g29wheel]

$486, seems that the weak hands have sold all that they could.

[ChancellorOnABrink]

Yes, but with tools and 200+years experience from stock market you can switch as you want.

I was shorting before the PP news, i'm long from 469 now

It's not about short or long it's about adapting to a market

[Patel]

The S&P 500 is currently in a bubble.

The market cap of S&P 500 is 17.5 trillion dollars.

If only 1% of that money flows into Bitcoin, thats 175 billion adding to the market cap of Bitcoin.

Not saying it will happen, but it's a possibility.

[BitChick]

The S&P 500 is currently in a bubble.

The market cap of S&P 500 is 17.5 trillion dollars.

If only 1% of that money flows into Bitcoin, thats 175 billion adding to the market cap of Bitcoin.

Not saying it will happen, but it's a possibility.

I thought about that.  With the ETF opens and it is easier for that money to flow in then it will have a very good chance of happening.

hopefully people are already considering it though.

[g29wheel]

The S&P 500 is currently in a bubble.

The market cap of S&P 500 is 17.5 trillion dollars.

If only 1% of that money flows into Bitcoin, thats 175 billion adding to the market cap of Bitcoin.

Not saying it will happen, but it's a possibility.

I didn't know bitcoin is so small, if we have a so huge potential why there is people in this forum speaking about 0$ in few months?

[Patel]

I didn't know bitcoin is so small, if we have a so huge potential why there is people in this forum speaking about 0$ in few months?

Because they're trolls

=======

I am not involved in the stock market, but I'm excited to see what will happen to Bitcoin when the bubble pops.

[adamstgBit]

http://youtu.be/u6KXgjLqSTg?t=4m4s

[BitChick]

http://youtu.be/u6KXgjLqSTg?t=4m4s

Is this supposed to be a picture of all of us on the forum Adam?

I am the blond in front I guess.  

[g29wheel]

I didn't know bitcoin is so small, if we have a so huge potential why there is people in this forum speaking about 0$ in few months?

Because they're trolls

=======

I am not involved in the stock market, but I'm excited to see what will happen to Bitcoin when the bubble pops.

I would better accumulate as much btc as I can as soon as possible...

[Patel]

I would better accumulate as much btc as I can as soon as possible...

Noone cares what you do..

[derpinheimer]

Low volume dumps. We either haven't seen anything and worst is to come or there is no much will to sell at these levels anymore.

Here's a simple little graph of how many asks there are, on Bitstamp, until $520 |: As the max, within a 24 hour period; rounded to nearest thousand.



So, quite simply, I disagree. Lots of people want to sell.

EDIT: Forgot Sep 06, -- its 6k

So, NOW, all of a sudden we are supposed to believe these fake walls?  I will believe it when I see it.. that is if I see 10k BTC sold between $465 and $520.  If we got enough upward volume, I am fairly confident that a lot of those supposed walls of BTC up to $520 would disappear.... KAPUUUUUT!!!!

They're being sold. Haven't you seen all the market orders eating them?

About 1.5k was pulled today, though.. still, 15k+ had been sold by now.

[Meuh6879]

I didn't know bitcoin is so small, if we have a so huge potential why there is people in this forum speaking about 0$ in few months?

the problem is not the size ... in bitcoin.
the problem (vs financial sector) is that you CAN'T TRADE on bitcoin without a real money deposit.

financial sector use the cash flow to generate marge up ... and then, the industry that it have the cash flow crash after 3 years.

[jeezy]

The S&P 500 is currently in a bubble.

The market cap of S&P 500 is 17.5 trillion dollars.

If only 1% of that money flows into Bitcoin, thats 175 billion adding to the market cap of Bitcoin.

Not saying it will happen, but it's a possibility.

I think that's a little bit highly estimated. Maybe in a timespan over 10 years.

[empowering]

New London based exchange = Bitok https://bitok.com/



http://cointelegraph.com/news/112481/bitok-exchange-launches-in-london

[adamstgBit]

http://youtu.be/u6KXgjLqSTg?t=4m4s

Is this supposed to be a picture of all of us on the forum Adam?

I am the blond in front I guess.  

they have no idea what they are up against.

[fonzie]

New London based exchange = Bitok https://bitok.com/



http://cointelegraph.com/news/112481/bitok-exchange-launches-in-london

MOAR! Fresh blood! MOAR!

[ShroomsKit]

$486, seems that the weak hands have sold all that they could.

Ah the weak hands. They have sold all they could 300 times by now.

[ChancellorOnABrink]

Huobi fourth attempt to break 2960  !

[ChartBuddy]

Explanation