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

[BBmmBB]

I still can't get over this volume..

Where has it all come from?

There's no major news from what I can tell, it all seems to be from a speculation of a trend reversal.

^wait for bitcoin CEO to say something at the conference call ? lmfao !!!  

[BBmmBB]

I still can't get over this volume..

Where has it all come from?

There's no major news from what I can tell, it all seems to be from a speculation of a trend reversal.

I'm thinking maybe a lot of people believe we hit bottom, and are looking for entry.


Or maybe all the major news over the past 6 months, not priced in yet.

all my trading and price developement understanding comes only from bitcoin, but imho
"News" start to be priced in just before they become "News". As soon as everybody knows (/thinks/believes/fears/hopes) something it is already in the price.

BUY the rumor ~ SELL the fact ! 

[JorgeStolfi]

What 12 HR means?

The "12-hour moving average" (MA) is the average of the price over the last 12 hours, recomputed every hour or less (that's the "moving" part).

[ShroomsKit]

I still can't get over this volume..

Where has it all come from?

There's no major news from what I can tell, it all seems to be from a speculation of a trend reversal.

The crash and 30k sell off got a lot of news. A positive effect is that it got the attention of a lot of new people who thought it was a good time to get in. This was exactly what we needed. The best thing that could happen at this point.

We saw crazy buying pressure the last few days but this has stopped because all these new people who bought coins got completely dumped on by traders who tried to take their 50 bucks profit. This is combination with the big dumps as we've seen the last few months and people putting up big ask walls everytime we go up and the probably only uptrend we could've wished for has stopped.

New people will stop buying. They realize they are giving away their money to scum traders who destroy the very same product they try to invest in.
Let's hope it's not completely over yet and there are still enough new people who are willing to give this a try. But even if there are chances are they will get dumped on as soon as the price rises a bit. Traders and dumpers will keep doing this till there is noone to dump on anymore.

[billyjoeallen]

We are on track to cross over the 12 HR moving average into bull market territory this weekend. That hasn't happened since Paypal announced they would be accepting bitcoin at one of their subsidiaries. At ~$400 we would see the first daily crossover since July 1. Of course that buy signal couldn't have been more wrong, so take market momentum as a guide, but a far from infallible one. What is more encouraging is that the order books are strongly bullish at Stamp and BFX. 

I'm keeping some powder dry, but looking for an opportunity to load up, possibly late Sat or Sunday when the banks are closed and buyers are out of fiat. I suspect soon that sellers and the people who made a quick $100/BTC on the latest dip/spike will run out of coins first, but time will tell.

What 12 HR means?

twelve hour moving average. an indicator of market momentum.

[BBmmBB]

I still can't get over this volume..

Where has it all come from?

There's no major news from what I can tell, it all seems to be from a speculation of a trend reversal.

The crash and 30k sell off got a lot of news. A positive effect is that it got the attention of a lot of new people who thought it was a good time to get in. This was exactly what we needed. The best thing that could happen at this point.

We saw crazy buying pressure the last few days but this has stopped because all these new people who bought coins got completely dumped on by traders who tried to take their 50 bucks profit. This is combination with the big dumps as we've seen the last few months and people putting up big ask walls everytime we go up and the probably only uptrend we could've wished for has stopped.

New people will stop buying. They realize they are giving away their money to scum traders who destroy the very same product they try to invest in.
Let's hope it's not completely over yet and there are still enough new people who are willing to give this a try. But even if there are chances are they will get dumped on as soon as the price rises a bit. Traders and dumpers will keep doing this till there is noone to dump on anymore.

you starting to sound like a bull ! 

[billyjoeallen]

Has anyone else noticed that the stupid and egocentric type of women tend to run out on you when you need their support the most? I see them as a luxury, something nice to have when times are good but unnecessary and actually a harmful distraction much of the time. 

Ftfy. There are nice girls, keep looking.

Nice girls, the real ones, tend to get married early and stay married. There is a difference in how men and women are wired. Women do not feel loyalty in the same way that men do. They may be loyal during tough times, but it is against their nature to do so and it is rare. Fortunately for me, my shelf life is longer than theirs and every time they bail because life doesn't meet their fairy tale expectations, I replace them with a newer model.

[N12]

I still can't get over this volume..

Where has it all come from?

There's no major news from what I can tell, it all seems to be from a speculation of a trend reversal.

The crash and 30k sell off got a lot of news. A positive effect is that it got the attention of a lot of new people who thought it was a good time to get in. This was exactly what we needed. The best thing that could happen at this point.

We saw crazy buying pressure the last few days but this has stopped because all these new people who bought coins got completely dumped on by traders who tried to take their 50 bucks profit. This is combination with the big dumps as we've seen the last few months and people putting up big ask walls everytime we go up and the probably only uptrend we could've wished for has stopped.

New people will stop buying. They realize they are giving away their money to scum traders who destroy the very same product they try to invest in.
Let's hope it's not completely over yet and there are still enough new people who are willing to give this a try. But even if there are chances are they will get dumped on as soon as the price rises a bit. Traders and dumpers will keep doing this till there is noone to dump on anymore.

OH GOD EVERYTHING IS SO HORRIBLE EVERYONE IS GOING TO DIE, BITCOIN IS DOOMED, TRADERS ARE COMPLETELY KILLING IT, WHYYYYYYYYY

Your daily dose of shroomsy FUD. I wonder how this guy would have behaved in 2011-2012 when the price stayed below 32 for 1.5 years.

[ClearLunatic]

Has anyone else noticed that the stupid and egocentric type of women tend to run out on you when you need their support the most? I see them as a luxury, something nice to have when times are good but unnecessary and actually a harmful distraction much of the time. 

Ftfy. There are nice girls, keep looking.

Nice girls, the real ones, tend to get married early and stay married. There is a difference in how men and women are wired. Women do not feel loyalty in the same way that men do. They may be loyal during tough times, but it is against their nature to do so and it is rare. Fortunately for me, my shelf life is longer than theirs and every time they bail because life doesn't meet their fairy tale expectations, I replace them with a newer model.

lol you're a jackass and the reason you haven't met one of those 'loyal girls' is because you talk bullshit and whine about how we're not loyal, but in the mean time you'll say you can just 'replace us with a newer model'.

[btcney]

Has anyone else noticed that the stupid and egocentric type of women tend to run out on you when you need their support the most? I see them as a luxury, something nice to have when times are good but unnecessary and actually a harmful distraction much of the time. 

Ftfy. There are nice girls, keep looking.

Nice girls, the real ones, tend to get married early and stay married. There is a difference in how men and women are wired. Women do not feel loyalty in the same way that men do. They may be loyal during tough times, but it is against their nature to do so and it is rare. Fortunately for me, my shelf life is longer than theirs and every time they bail because life doesn't meet their fairy tale expectations, I replace them with a newer model.

lol you're a jackass and the reason you haven't met one of those 'loyal girls' is because you talk bullshit and whine about how we're not loyal, but in the mean time you'll say you can just 'replace us with a newer model'.

Tits or gtfo.

[janos666]

Weird. I almost dumped when it seemed like the 4h MACD is crossing but I had a "this time is different" feeling. The price went up by ~8$ and those likes are still "just about to cross". It's like the market wants me to sell but doesn't want the lines to cross.

[billyjoeallen]

Has anyone else noticed that the stupid and egocentric type of women tend to run out on you when you need their support the most? I see them as a luxury, something nice to have when times are good but unnecessary and actually a harmful distraction much of the time. 

Ftfy. There are nice girls, keep looking.

Nice girls, the real ones, tend to get married early and stay married. There is a difference in how men and women are wired. Women do not feel loyalty in the same way that men do. They may be loyal during tough times, but it is against their nature to do so and it is rare. Fortunately for me, my shelf life is longer than theirs and every time they bail because life doesn't meet their fairy tale expectations, I replace them with a newer model.

lol you're a jackass and the reason you haven't met one of those 'loyal girls' is because you talk bullshit and whine about how we're not loyal, but in the mean time you'll say you can just 'replace us with a newer model'.

LOL. Must have hit a nerve. I wasn't always what you call a "jackass". A long string of women turned me into one. Blame your sisters.

[Cheeseonastick]

Has anyone else noticed that the stupid and egocentric type of women tend to run out on you when you need their support the most? I see them as a luxury, something nice to have when times are good but unnecessary and actually a harmful distraction much of the time. 

Ftfy. There are nice girls, keep looking.

Nice girls, the real ones, tend to get married early and stay married. There is a difference in how men and women are wired. Women do not feel loyalty in the same way that men do. They may be loyal during tough times, but it is against their nature to do so and it is rare. Fortunately for me, my shelf life is longer than theirs and every time they bail because life doesn't meet their fairy tale expectations, I replace them with a newer model.

lol you're a jackass and the reason you haven't met one of those 'loyal girls' is because you talk bullshit and whine about how we're not loyal, but in the mean time you'll say you can just 'replace us with a newer model'.

LOL. Must have hit a nerve. I wasn't always what you call a "jackass". A long string of women turned me into one. Blame your sisters.

You should find some butthurt girl who resents men because they keep dumping her.

[staffsan]

Has anyone else noticed that the stupid and egocentric type of women tend to run out on you when you need their support the most? I see them as a luxury, something nice to have when times are good but unnecessary and actually a harmful distraction much of the time.  

Ftfy. There are nice girls, keep looking.

Nice girls, the real ones, tend to get married early and stay married. There is a difference in how men and women are wired. Women do not feel loyalty in the same way that men do. They may be loyal during tough times, but it is against their nature to do so and it is rare. Fortunately for me, my shelf life is longer than theirs and every time they bail because life doesn't meet their fairy tale expectations, I replace them with a newer model.

Replacing them with younger ones, that does not sound like loyalty at all to me.

Your misogyny wont exactly help you find a nice woman. My first tip to you would be to drop that.

[ShroomsKit]

We went up a few dollars and everyone dumped the shit out it.
Because the buying pressure is gone the scum traders will now dump after every little price rise.

[ClearLunatic]

Has anyone else noticed that the stupid and egocentric type of women tend to run out on you when you need their support the most? I see them as a luxury, something nice to have when times are good but unnecessary and actually a harmful distraction much of the time. 

Ftfy. There are nice girls, keep looking.

Nice girls, the real ones, tend to get married early and stay married. There is a difference in how men and women are wired. Women do not feel loyalty in the same way that men do. They may be loyal during tough times, but it is against their nature to do so and it is rare. Fortunately for me, my shelf life is longer than theirs and every time they bail because life doesn't meet their fairy tale expectations, I replace them with a newer model.

lol you're a jackass and the reason you haven't met one of those 'loyal girls' is because you talk bullshit and whine about how we're not loyal, but in the mean time you'll say you can just 'replace us with a newer model'.

LOL. Must have hit a nerve. I wasn't always what you call a "jackass". A long string of women turned me into one. Blame your sisters.

So just because of that every woman now is unloyal and worthless? yeah ok. I've had a 'long string of men' who were abusive, mean, and unloyal too. Does not mean I think every living man on the world is like that now. That's a sad thought, and honestly.. very stupid.

[Richy_T]

Everyone happy again? After months of going down we got the first sign of a trend reversal and you right away dump the shit out of the market to make a few bucks. And the uptrend is over.
As always well done traders.

Back to months of bear market and daily posts here wondering why we aren't going up anymore.

Idiots.

Jesus Christ, don't you ever quit whining?

[Boxman90]

MUH SOJINI

Can we cut the SJW bullcrap now and focus on observing walls?

[billyjoeallen]

Has anyone else noticed that the stupid and egocentric type of women tend to run out on you when you need their support the most? I see them as a luxury, something nice to have when times are good but unnecessary and actually a harmful distraction much of the time. 

Ftfy. There are nice girls, keep looking.

Nice girls, the real ones, tend to get married early and stay married. There is a difference in how men and women are wired. Women do not feel loyalty in the same way that men do. They may be loyal during tough times, but it is against their nature to do so and it is rare. Fortunately for me, my shelf life is longer than theirs and every time they bail because life doesn't meet their fairy tale expectations, I replace them with a newer model.

lol you're a jackass and the reason you haven't met one of those 'loyal girls' is because you talk bullshit and whine about how we're not loyal, but in the mean time you'll say you can just 'replace us with a newer model'.

LOL. Must have hit a nerve. I wasn't always what you call a "jackass". A long string of women turned me into one. Blame your sisters.

You should find some butthurt girl who resents men because they keep dumping her.

I find them all the time. They're good for a one night stand. They never listen to the real reasons why they keep getting dumped. Women reward men for lying to them, and then claim all men are liars. No, Honey, just the ones you listen to.

[karolina]

There's gonna be some nice upward movement momentarily....

I agree. Wait for it.....