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

[Pala_00]

Buyers getting exhausted? There is a lot more fiat on stamp than what is sat on the order books

[janos666]

.. expect drop in 3,2,1 ...

Have you just finished listening to the lats Peter Schiff podcast?
I did.
I find him interesting (worth my time to listen to him from time to time in the background while drawing on the foreground) for this sole reason that how reasonable he seems to be about a lot of things while being so blindly pessimistic about Bitcoin.
His Bitcoin bashings always make me think twice about doing anything more about Bitcoin other than a final big sale (haha, well, he would kindly allow me to pay with them for his gold, which is just..., LOL, that is..., LOL ). So every time I feel like I am getting blindly optimistic, I just listen to one of his new Bitcoin bashings to get balanced again.

Well, he is the reason I didn't just execute a margin buy @380 (yes, buy more). Let's see if I will regret that or thank him for balancing out my thoughts.

[ShroomsKit]

Goddamn dumpers!

[inca]

They can only sell once.

[ChartBuddy]

Explanation

[fonzie]

Shroomskit this one goes out to you:
I just moved my asks 100$ higher. WILL NOT SELL BELOW 500$ HALLELUJAH!

[Tzupy]

Stamp's bid side is depleted (figuratively speaking). If you look at stamp's bid/ask over the last 24-48 hours, you'll see that a number of big buys correspond to big drops in bid/ask. In other words, Stamp is probably partially responsible that we're going up right now, by traders losing patience and pulling bids from the book to market buy, but now they're out of fuel somewhat.

No, China is responsible for the uptrend, Stamp just followed. As for the "bid depletion", it also happens on BTC-E and BTCChina, but not Huobi.

[janos666]

http://thepiratebay.se/torrent/11183060/The_Rise_and_Rise_of_Bitcoin_-_HD
https://blockchain.info/address/19xb2pAzyv7feFkBhbh3n3rtBJ9JPTufm

CCMF!!

The ending is very depressing (in my opinion anyway).

[ShroomsKit]

http://thepiratebay.se/torrent/11183060/The_Rise_and_Rise_of_Bitcoin_-_HD
https://blockchain.info/address/19xb2pAzyv7feFkBhbh3n3rtBJ9JPTufm

CCMF!!

The ending is very depressing (in my opinion anyway).

Why? Without giving too many spoilers.

[fonzie]

http://thepiratebay.se/torrent/11183060/The_Rise_and_Rise_of_Bitcoin_-_HD
https://blockchain.info/address/19xb2pAzyv7feFkBhbh3n3rtBJ9JPTufm

CCMF!!

The ending is very depressing (in my opinion anyway).

Why? Without giving too many spoilers.

BTC dies , DOGE gets crypto No. 1!

[Plazma]

Finally after 5 days, i got my 7800euro ( 10k usd ), on kraken and got 26 BTC. Choo Choo.

[anujjain]

Goddamn dumpers!

Feeling resistance again around 385 level. Not able to cross that level comfortably that is why dropping again to 350 level.

[inca]

Patience!

[touhonoob]

How many dumpers are there   

[JimboToronto]

http://thepiratebay.se/torrent/11183060/The_Rise_and_Rise_of_Bitcoin_-_HD
https://blockchain.info/address/19xb2pAzyv7feFkBhbh3n3rtBJ9JPTufm

CCMF!!

Thanx. Downloading now. Lots of seeds.

[bigdave]

Goddamn dumpers!

Feeling resistance again around 385 level. Not able to cross that level comfortably that is why dropping again to 350 level.

If we go below 382 we're going to head down fast.

[N12]

What sort of uptrend do you guys think would cause shroomsy to stop complaining about goddamn traders and dumpers? You think anything less than a perfectly linear rise would do it (straight line)?

[Plazma]

What sort of uptrend do you guys think would cause shroomsy to stop complaining about goddamn traders and dumpers? You think anything less than a perfectly linear rise would do it (straight line)?

None. Even if the price goes only upwards for months. the second it starts going down he will complain.

[BlindMayorBitcorn]

What sort of uptrend do you guys think would cause shroomsy to stop complaining about goddamn traders and dumpers? You think anything less than a perfectly linear rise would do it (straight line)?

I vote for perfectly linear rise please

[anujjain]

Goddamn dumpers!

Feeling resistance again around 385 level. Not able to cross that level comfortably that is why dropping again to 350 level.

If we go below 382 we're going to head down fast.

Below 382 won't hurt, but if we touch again below 370 then I am feeling risk there.