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

[shmadz]

Where did Bitcoin go Wrong???


http://money.cnn.com/video/technology/2014/10/29/jeffrey-robinson-bitcoin.cnnmoney/index.html?iid=MKT_Taboola

I love that we have the internet just so that these idiots ignorance can eventually get exposed

Didn't sound that unreasonable to me.

I made it about halfway through, the white hair guy is an actor and the agenda is to keep the price as low as possible for as long as possible.

I approve of this obvious package of propaganda.

(Edit: unless I'm completely wrong, this is just part of the scheme to keep the masses out of the game until all positions have been set. Once you see actors like this telling you to buy, that's when it's time to sell.)

[1714761282]

1714761282

[1714761282]

1714761282

[noobtrader]

http://www.geek.com/geek-cetera/pay-for-poop-in-bitcoin-have-it-mailed-to-your-boss-1608553/


anyone has this man address ?

[ChartBuddy]

Explanation

[Davyd05]

China just loves unleashing high volume positions about mid day there. Sooo not cool.

[DaRude]

China just loves unleashing high volume positions about mid day there. Sooo not cool.

Good, real exchanges are digging in at ~$300. China keeps showing dumps with huge volumes, but no one is following and instead we're finally getting decoupling. I wanna see that gap grow!!!!

[Davyd05]

China just loves unleashing high volume positions about mid day there. Sooo not cool.

Good, real exchanges are digging in at ~$300. China keeps showing dumps with huge volumes, but no one is following and instead we're finally getting decoupling. I wanna see that gap grow!!!!

more and more the dumps are being eaten maybe by a Chinese bull that or the support is growing for the dumps that are expected.

arbitrage will keep that gap tight, so be they can move money where it is needed.

[spooderman]

beautiful. I can't wait to quote that asshat in 2016.

[blatchcorn]

Where did Bitcoin go Wrong???


http://money.cnn.com/video/technology/2014/10/29/jeffrey-robinson-bitcoin.cnnmoney/index.html?iid=MKT_Taboola

Damnnn, that was harsh.

too stupid dont see...

 basically he says that future currency is virtual fiat currency so bank can print without paper and ink, and bitcoiner are lunatic...

That's really all you got out of that?

oh yes the number of  bitoiner are so small and bitcoin decentralization is stupid and delusional cultist. i stop watching after that.  

Having a news anchor defend Bitcoin shows how far we have come

[ChartBuddy]

Explanation

[lyth0s]

beautiful. I can't wait to quote that asshat in 2016.

Basically he's saying bitcoin is bad as a currency because

1) It's not already used by everyone
2) People think that they will get reach if it succeeds


Neither of which have anything to do with whether or not a currency will succeed

This sounds exactly like those old school reporters who said that the internet and digital media will never take the place of a book or newspaper.

[mooncake]

beautiful. I can't wait to quote that asshat in 2016.

Basically he's saying bitcoin is bad as a currency because

1) It's not already used by everyone
2) People think that they will get reach if it succeeds


Neither of which have anything to do with whether or not a currency will succeed

This sounds exactly like those old school reporters who said that the internet and digital media will never take the place of a book or newspaper.

+1. Based on what he said, we should ignore that elderly because his words have no substance.

[hdbuck]

FAKE: http://www.zerohedge.com/news/2014-11-04/paul-singer-slams-fake-world-fake-growth-fake-money-fake-jobs-fake-stability-fake-in

"Fake Growth, Fake Money, Fake Jobs, Fake Stability, Fake Inflation Numbers"

[ChartBuddy]

Explanation

[bassclef]

Looks like sellers have exited the market for now and demand has taken over in the short term. Although a possible retest of $300 is not out of the question, it's become less likely. More likely is a test of $400, then another shakeout of shorters who will inevitably be drawn back in as we move up toward that resistance.

I bought at the $300 wall back at the selling climax. Today I added to my position based on a renewed uptrend based on coin supply that has been sold to smart money who are happy to buy at these prices. What will follow in the the next month, after a final shakeout or two, is a markup campaign by the same big players who have been quietly accumulating during this sideways movement. This will draw in more money as the cheap coins are sold to them, and the cycle will begin again.

[Davyd05]

Looks like sellers have exited the market for now and demand has taken over in the short term. Although a possible retest of $300 is not out of the question, it's become less likely. More likely is a test of $400, then another shakeout of shorters who will inevitably be drawn back in as we move up toward that resistance.

I bought at the $300 wall back at the selling climax. Today I added to my position based on a renewed uptrend based on coin supply that has been sold to smart money who are happy to buy at these prices. What will follow in the the next month, after a final shakeout or two, is a markup campaign by the same big players who have been quietly accumulating during this sideways movement. This will draw in more money as the cheap coins are sold to them, and the cycle will begin again.

I hope this to be truish...I'm not big on markup campaigns.

No point in watching huobi with anything but the god dam 1 min charts.. love watching whales splash around.

[bassclef]

Looks like sellers have exited the market for now and demand has taken over in the short term. Although a possible retest of $300 is not out of the question, it's become less likely. More likely is a test of $400, then another shakeout of shorters who will inevitably be drawn back in as we move up toward that resistance.

I bought at the $300 wall back at the selling climax. Today I added to my position based on a renewed uptrend based on coin supply that has been sold to smart money who are happy to buy at these prices. What will follow in the the next month, after a final shakeout or two, is a markup campaign by the same big players who have been quietly accumulating during this sideways movement. This will draw in more money as the cheap coins are sold to them, and the cycle will begin again.

I hope this to be truish...I'm not big on markup campaigns.

No point in watching huobi with anything but the god dam 1 min charts.. love watching whales splash around.

Markup can be organic too, although it's almost always "encouraged" by whales. The key is recognizing their patterns of accumulation before it happens.

The only way I see it going up is if smart money has been buying and holding during the downtrend. Then the floating coin supply dries up and price rises organically.

[hdbuck]

FAKE: http://www.zerohedge.com/news/2014-11-04/paul-singer-slams-fake-world-fake-growth-fake-money-fake-jobs-fake-stability-fake-in

"Fake Growth, Fake Money, Fake Jobs, Fake Stability, Fake Inflation Numbers"

sounds fake^TM

ftfy ^^

[MrPiggles]

Where did Bitcoin go Wrong???


http://money.cnn.com/video/technology/2014/10/29/jeffrey-robinson-bitcoin.cnnmoney/index.html?iid=MKT_Taboola

I love that we have the internet just so that these idiots ignorance can eventually get exposed

Didn't sound that unreasonable to me.

It doesn't make much sense though.

"the blockchain technology is this brilliant technology but the currency isn't any good" is his argument.

Without the currency no one would be supporting the blockchain technology

No one would be spending $ on mining if there wasn't a reward.

[Elwar]

"the blockchain technology is this brilliant technology but the currency isn't any good" is his argument.

Another Keynesian "waaa....you people with technology are so smart but can't you be smart and make things the same as the dollar?....waaaa"

[ChartBuddy]

Explanation