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

[r0ach]

Price is retreating right back to the average I put forth in this post:

https://bitcointalk.org/index.php?topic=837260

[akujin]

15kBTC were closed on Finex (down to 5k from the top of 20k) that takes a lot of choo choo off the train 

Really??

Yep. Check it out.

http://bfxdata.com/combined/btc.php

Maybe it means people are starting to get bullish?

That means they're gonna target the longs 

[podyx]

Price is retreating right back to the average I put forth in this post:

https://bitcointalk.org/index.php?topic=837260

$300?

[janos666]

15kBTC were closed on Finex (down to 5k from the top of 20k) that takes a lot of choo choo off the train  

Really??

Yep. Check it out.

http://bfxdata.com/combined/btc.php

Maybe it means people are starting to get bullish?

That means they're gonna target the longs  
img

Cheap BTC swaps on finex!? Buy! Buy! Buy! ... I mean ... Borrow! Sell! Fish!

[ChartBuddy]

Explanation

[vphen]

Explanation

395? really?

[var53]

Explanation

395? really?

Every set of prices on this page are identical

[ChartBuddy]

Explanation

[Wandererfromthenorth]

Chart Buddy doesn't give a fuck anymore.

[marcus_of_augustus]

that monetary velocity formula is a convenient fiction for ivory tower academic economists, e.g. I don't see anything about an human psychology factor in there.

Here's the one I use:

Bmo = N x A

Bmo ~ total value bitcoin M0 (also called 'market cap')
N ~ total number of entities holding bitcoins
A ~ average Amount of value holding entities are willing to hold in btc

It appears likely that N is only going to keep increasing for the forseeable future (perhaps with exponential adoption rates at times).
A will stay around the same but also may increase as the confidence in holding value in btc becomes firmer.

[DaRude]

Explanation

ChartBuddy refuses to accept price bellow 395   it'll pick right up once we go above that

[wmr42393]

that monetary velocity formula is a convenient fiction for ivory tower academic economists, e.g. I don't see anything about an human psychology factor in there.

Here's the one I use:

Bmo = N x A

Bmo ~ total value bitcoin M0 (also called 'market cap')
N ~ total number of entities holding bitcoins
A ~ average Amount of value holding entities are willing to hold in btc

It appears likely that N is only going to keep increasing for the forseeable future (perhaps with exponential adoption rates at times).
A will stay around the same but also may increase as the confidence in holding value in btc becomes firmer.

so ...  you're saying buy yes ?

[abercrombie]

Chart Buddy doesn't give a fuck anymore.

 

Chart Buddy has become deluded... 

[BlindMayorBitcorn]

Explanation

ChartBuddy refuses to accept price bellow 395   it'll pick right up once we go above that

Even automated postings have standards

[Erdogan]

that monetary velocity formula is a convenient fiction for ivory tower academic economists, e.g. I don't see anything about an human psychology factor in there.

Here's the one I use:

Bmo = N x A

Bmo ~ total value bitcoin M0 (also called 'market cap')
N ~ total number of entities holding bitcoins
A ~ average Amount of value holding entities are willing to hold in btc

It appears likely that N is only going to keep increasing for the forseeable future (perhaps with exponential adoption rates at times).
A will stay around the same but also may increase as the confidence in holding value in btc becomes firmer.

This formula is correct. The consequence is that when a set of people wants to hold more value in money (everybody at the same time), the value will rise even while everybody holds the same number of coins. It also means that everybody can hold an unlimited positive value in the form of money. What is restricted, is the amount of consumable resources. So everybody can not spend all their money to consume at the same time. If so happens, the prices of consumable goods rise and the value of the money diminishes again.

This is possible exactly because money is not directly usable.

[xcapator]

wow.... bitcoin is crashing hard. Merchant sell pressure and no sign of recovery, wouldn't surprise me to hit 350 again by next monday. Good thing im in litecoin where the ratio is going up everyday and I can trade ltc/usd to compund that

[r0ach]

wow.... bitcoin is crashing hard. Merchant sell pressure and no sign of recovery, wouldn't surprise me to hit 350 again by next monday. Good thing im in litecoin where the ratio is going up everyday and I can trade ltc/usd to compund that

[Bitcoin_BOy$]

wow.... bitcoin is crashing hard. Merchant sell pressure and no sign of recovery, wouldn't surprise me to hit 350 again by next monday. Good thing im in litecoin where the ratio is going up everyday and I can trade ltc/usd to compund that

We spoke yesterday about how many time it will take to raise 1k $ , today we talk about 350-300 $

[ChartBuddy]

Explanation

[hdbuck]

Explanation

da fuck?