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

[JayJuanGee]

Monkey is counting down now, like he means it.  5 days...

Until?

more dumping

Sounds like monkey expects a weekend dump... but to date, it seems that monkey has about a 50/50 batting average, if NOT worse.  Monkey may need to retire early, if s/he gets this one wrong?

[Wandererfromthenorth]

Ok big dumps came sooner than expected.

Support now is weak.

If we see real panic in a few hours I wouldn't be surprised.


Going down.

[findftp]

Monkey is counting down now, like he means it.  5 days...

Until?

more dumping

Sounds like monkey expects a weekend dump... but to date, it seems that monkey has about a 50/50 batting average, if NOT worse.  Monkey may need to retire early, if s/he gets this one wrong?

It would help if monkey said what he thinks.

[btcney]

them cheap coins 

[nanobrain]

Well there are for sure a few (ask) walls on Bitstamp @ the spot price(changing between 1-4 x 200BTC all the time). Not so sure how serious they are. I demand market sell otherwise stop flashing, it´s boring.



Edit: I also see unobtrusive buy orders staggered up.

Suddenly >500 coins to break 380.

What's the point...ask orders are flashing up and down like a gigolo's g-string.

I really wish someone would come in with a shed load of funds a just hit them with a market order.

It really looks like he just wants to accumulate. That´s the reason why he´s flashin them only for a short time, because he is scared that they get bought.
This looks like an average BTC-E altcoin Pump and Dump 2013 style . And i was told this market has grown mature  
Well as long as people are still scared or sell in front of 200BTC walls around 380$ one could question if the price around here is really supported by the market.

LOL -- you think Fontas has moved into the big league?

Pumpers like DavidPate often flashed 4-5000BTC (before they lost everything to mcxnowfees   )
It doesn´t take much BTC nowadays to scare the small investors even in the BTC/USD marker, especially after a 9 month downtrend where most of them have trigger happy sell fingers.
Fontas as far as i know never revealed how much BTC stash he had.

I didn't know David 'lost it all'....last I saw he tweeted some flash car he was driving.  I know a lot of people disliked him but he was alwys v civil with me.
So, whats the gos.  Do tell.

Don´t know if he lost everything, that was the wrong expression. But i saw him playing around with 1-2-3k BTC in mcxfees, at least most of that got robbed as far as i know.
I do not had anything personal against him, it was funny watching him flashin around his LTC walls.

Ach, the easy come, easy go life of the crypto trader.

"fly chickun, fly" ....those were the days.

[BlindMayorBitcorn]

I think some volatility leads to excitement and redistributes wealth in a somewhat "fittest survive" manner. But there is a tipping point where too low drives a death spiral. I suspect smarter people than me have done the math on this. But looking at sell orders on BTC-e, my optimism is drying up

[ChartBuddy]

Explanation

[InvestorPerson]

them cheap coins 

yes, cheap  


but wait just a little bit more and you'll get them even cheaper

[fonzie]

@shroomskit

At least the lines are hodling strong

[Wandererfromthenorth]

On huobi they are dumping coins like there's no tomorrow, this might end in tears.

[fonzie]

BTC dump due to the upcoming

DOGE block reward halving in:

0d 0h 4m 00s

[findftp]

On huobi they are dumping coins like there's no tomorrow, this might end in tears.

Bitcoin is dying.
In 15 years I can tell my kids that I was there when it happened.
I can even show them some of those relics of the past because I will keep them coins till death do us part.

[NotLambchop]

*boop*

[fonzie]

As a short term day tarder --- i´m buying 

[inca]

Ok big dumps came sooner than expected.

Support now is weak.

If we see real panic in a few hours I wouldn't be surprised.


Going down.

Man with open short contracts predicts large price falls..

Support is weak? 8000 coins to 2000 cny, 6000 to 2600 on huobi. Perhaps you know something we don't about the orderbook.

[JayJuanGee]

On huobi they are dumping coins like there's no tomorrow, this might end in tears.

Bitcoin is dying.
In 15 years I can tell my kids that I was there when it happened.
I can even show them some of those relics of the past because I will keep them coins till death do us part.

Cut your loose!!!!!!!!!




BUY, BUY, BUY!!!!!!


and

HODL, HODL, HODL!!!!

[adamstgBit]

Bitcoin is dying.

 

[fonzie]

This dump happened in anticipation of the possible acquisition of the crypto throne through DOGE after the block reward halving.
BTC still seems to be safe(for now).

[seleme]

Ok big dumps came sooner than expected.

Support now is weak.

If we see real panic in a few hours I wouldn't be surprised.


Going down.

Man with open short contracts predicts large price falls..

Support is weak? 8000 coins to 2000 cny, 6000 to 2600 on huobi. Perhaps you know something we don't about the orderbook.

Orderbook doesn't mean a lot tbh, it was 5k to 2300 15 hours ago.

I was expecting a bounce to 410-420 but this looks very bearish.

[NotLambchop]

Bitcoin is dying.

 

Tardgedy