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

[Omikifuse]

I think we gonna see a pattern similar to what happend the 8th july of 2013

We gonna have a spike the coming days to 410 then a few days later a beartrap down to 330-340 before we ultimately keep going up and going into our next bubble

I doubt we will see a spike to 410 in the coming days.

People too afraid.

Plus we have the sell pressure, greater tha in 2013

[fonzie]

Bitfinex


Last 2-3 times we always went down hard when we had a massive bid side like this in the -40/50$ range, lol.


THIS TIME IT´S DIFFERENT 

[oldm8]

Mainstream media echoing my views? Freaky ^^
http://www.nasdaq.com/article/does-bitcoins-falling-price-signal-the-end-cm398916
A positive article in Time today too

Oh yeah, the BTC and GBP and Oil graphs took quite the same, don't they?

Readers hopefully will not look at the vertical scales, and will not notice that GBP fell 7% from the high point in June-July, Oil fell 14%, and BTC fell 50%.

And then bitcoiners wonder why people do not trust bitcoin...

Readers will have noticed the vertical scales.
I have shares in UK supermarket Tesco they have fallen from 360 to 175 50% over 12 months.
Whilst bitcoin is roughly 100% up on the same period.
Bitcoin is no worse or better than shares in many so called blue chip companies.
Its all a gamble and it is satisfying when you get it right.
and its way better than leaving you hard earned money to devalue in you banks vault.

[Richy_T]

hard drive failure today..... more 0's than i would care to loose...... thank the overlords crypto works the way it does back that shit up

It's 10pm. Do you know where your private key is?

[noobtrader]

Bitfinex


Last 2-3 times we always went down hard when we had a massive bid side like this in the -40/50$ range, lol.


THIS TIME IT´S DIFFERENT 

[Richy_T]

I should have checked there first, morbid fear of manuals I guess I remember filtering debugging output once to see what other ports where available and there where nodes broadcasting over a really wide spectrum, just about every common port. There's even a company setting up to broadcast over digital radio so things like vending machines don't need an internet connection to verify transactions (in Sweden iirc).
Maybe off topic, back to mutant whales, interstellar locomotion and undertakers I guess.

I still think we're going to see a move from Amazon at some point. Their Whispernet technology, e-paper and embeded system experience means they could turn out a fantastic mobile wallet.

[itod]

2. poop leaves the body at body temperature, and if the temperature of the environment is low enough, the poop will steam. This is not a visual indication of an especially stinky poop as you might think upon first glance, but rather of a temperature difference. The rise in price since the manipulation at 300 is a result of the environment, (the relative price in the short term), and has nothing to do with any fundamentals behind bitcoin. It's all just speculation and once the turd cools down to match the ambient temperature, and 300 becomes normal in peoples minds (a few weeks perhaps) then it'll drop again.

Everything is simple and logical when you put it in poop terms. This should be a new standard.

[Cheeseonastick]

2 more quick points for anyone who is interested.

Here is a photograph of a fresh honey badger turd. Based on the morphology of the poop and it's obvious similarity to human feces, I am assuming the rate of cooling will be similar also. The natural follow up question then becomes, at what rate does the average human turd cool?

To compound the issue, badgers instinctually dig small holes and burrows for use as latrines. How does being in a burrow, half buried, influence the rate of cooling?

If my gut estimations are correct, then the rate of cooling might be faster than anyone here is likely to suspect. I believe we could be looking at a drop to 240 within the next 6-8 hours.

Unless you are absolutely certain about what you are doing, you should sell your bitcoin and put the money safely in your bank. I recommend Chase National Bank or Bank of America.


https://i.imgur.com/2UB3jKp.jpg

[saekki]

There's even a company setting up to broadcast over digital radio so things like vending machines don't need an internet connection to verify transactions (in Sweden iirc).

Are you talking about this? https://www.cryptocoinsnews.com/kryptoradio-successfully-broadcasts-bitcoin-over-finnish-television-network/

As a Finn I'm very offended by this. Of all the people in the world you are giving the credit to Swedes, our worst enemies.  

[podyx]

BEARS BE LIKE

[serenitys]

People who are getting out always feel the need to tell others to do the same. It shows how insecure they are.

More importantly is how full of shit they are.

These clowns keep insisting bitcoin is worthless junk.

Okay...here's my address. Just send me over all your worthless imaginary magic junk please. No, I'm not paying you squat for it if it's not worth anything. Send them over please.


1NdroChmE1XsxkCMyGqywPrUtn2Zdvdmm1


Exactly. Because you know that even at a falling or bouncing 300, that bitcoin is obviously worth something.

Hence, you're just full of shit.  

[lepirate]

There's even a company setting up to broadcast over digital radio so things like vending machines don't need an internet connection to verify transactions (in Sweden iirc).

Are you talking about this? https://www.cryptocoinsnews.com/kryptoradio-successfully-broadcasts-bitcoin-over-finnish-television-network/

As a Finn I'm very offended by this. Of all the people in the world you are giving the credit to Swedes, our worst enemies. 

Oh, so now we're worth even less than the Russians?
Koskenkorva, Lordi and Silja Line in my <3

[JayJuanGee]

Mainstream media echoing my views? Freaky ^^
http://www.nasdaq.com/article/does-bitcoins-falling-price-signal-the-end-cm398916
A positive article in Time today too

Oh yeah, the BTC and GBP and Oil graphs took quite the same, don't they?

Readers hopefully will not look at the vertical scales, and will not notice that GBP fell 7% from the high point in June-July, Oil fell 14%, and BTC fell 50%.

And then bitcoiners wonder why people do not trust bitcoin...

Readers will have noticed the vertical scales.
I have shares in UK supermarket Tesco they have fallen from 360 to 175 50% over 12 months.
Whilst bitcoin is roughly 100% up on the same period.
Bitcoin is no worse or better than shares in many so called blue chip companies.
Its all a gamble and it is satisfying when you get it right.
and its way better than leaving you hard earned money to devalue in you banks vault.

Largely I agree with you, even though it seems that you are struggling a little bit to have your examples make your points....

Ultimately, we likely would agree that keeping your money in fiat (and in a bank) is NOT a good choice, and if you invest you are taking risks, but need to attempt to invest wisely, even though various investments are gambles to some degree.

Ultimately, though I believe the key is to diversify your money based on your views of various possibilities.. in order that you have some upside potential but a certain percentage of your assets remain secure.'

Hopefully, NO one is really considering placing all of their investment (once they begin to accumulate and acquire a poole of money and assets) into only one area or a limited number of areas that overly exposes your investment to catastrophic loss(es).

[prophetx]

There's even a company setting up to broadcast over digital radio so things like vending machines don't need an internet connection to verify transactions (in Sweden iirc).

Are you talking about this? https://www.cryptocoinsnews.com/kryptoradio-successfully-broadcasts-bitcoin-over-finnish-television-network/

As a Finn I'm very offended by this. Of all the people in the world you are giving the credit to Swedes, our worst enemies. 

Oh, so now we're worth even less than the Russians?
Koskenkorva, Lordi and Silja Line in my <3

lol koskenkorva purposefully made with a wide mouth opening...

[GaliX]

I am curious, how many of you make a living with Bitcoin daytrading / Stock trading?

[Cheeseonastick]

I'm a professional trader. I trade full time.

[ChartBuddy]

Explanation

[JayJuanGee]

2 more quick points for anyone who is interested.

Here is a photograph of a fresh honey badger turd. Based on the morphology of the poop and it's obvious similarity to human feces, I am assuming the rate of cooling will be similar also. The natural follow up question then becomes, at what rate does the average human turd cool?

To compound the issue, badgers instinctually dig small holes and burrows for use as latrines. How does being in a burrow, half buried, influence the rate of cooling?

If my gut estimations are correct, then the rate of cooling might be faster than anyone here is likely to suspect. I believe we could be looking at a drop to 240 within the next 6-8 hours.

Unless you are absolutely certain about what you are doing, you should sell your bitcoin and put the money safely in your bank. I recommend Chase National Bank or Bank of America.


https://i.imgur.com/2UB3jKp.jpg

You seem to be engaging in some 'nthr level trolling - which I bet compels a higher level of compensation.

If you are NOT making big bucks for your "quality" trolling, it may be best to search for less stingy employers who will recognize your skill-set and talents.  

[Cheeseonastick]

JayJuanGee seems to think his opinions are worth more than mine. That his TA is better than mine.

Perhaps, JayJuanGee. But perhaps not.

In the end, we shall see.

I stand by my prediction that within 6-8 hours, the price will have declined considerably. What we are seeing now is steam rising off the poop. Nothing inside of the poop has changed. Do not be fooled. Buy now at your own peril.

[findftp]

I am curious, how many of you make a living with Bitcoin daytrading / Stock trading?

I'm very happy to have another job.
I would bankrupt myself if I did daytrading.
I only experiment with 1% of my holdings.