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

[ShroomsKit]

Hey look, someone dumping 5k coins and then putting up a 3k wall to keep us down.

Shmadz: nothing to see here. Just normal price discovery. Deal with it.

[ShroomsKit]

I think we're going to continue to drop, we did go -10% in one day so there was bound to be a small upward correction, but it looks like its loosing steam and should start dropping again IMO

I closed my small long position from last night and will start building a SHORT now


 BEST OF LUCK TO ALL x20 TRADERS, shit gets crazy in a hurry when your dealing with 100's of BTC trades LOL

I truly hope you'll lose all your money. That would make my day.

[NotLambchop]

...
I truly hope you'll lose all your money. That would make my day.

It's the little things that bring us so much joy and make life worth living

[galdur]

Decentral Bank Upgrades Citi to Bank 2.0 That Handles Crypto, Circumvents Regulators

http://goo.gl/nJ2rl6

[Fatman3001]

I have a feeling that support from a company or one move from a state will change the game.
ETF, Changetip mass adoption, Paypal , i have no clue what will ignite the next growth stage...

In 2014 the network strengthened itself a lot, the number of bitcoin startups is climbing every day, if this is not a growing technology what is. But it takes time, and this year did not break bitcoin as a medium of exchange and payment system. But it was a bad year as a speculative investment if you just bought in.

So yeah, i'm pretty confused about the trend right now, but bottom might have been found. What else can you expect after a year of gradual decline? A new high in a matter of weeks? I would prefer a stable period of growth. More and more people get the bitcoin bug each day.

We had several upwards trends but they were quickly killed by the traders who were desperate to take 50 bucks profit.
This will happen for many more times to come. Possibly till there simply are no buyers anymore.

Every time there are new buyers traders will dump straight in their face and scare them away.

That's how you stop adoption. Traders are Bitcoin's cancer. Slowly killing it.

I realize it's futile to argue with artificial intelligence but I feel compelled.

Dumpers, pumpers, buyers, sellers... all traders are part of price discovery.

The lack of consensus on price can only be solved through markets, market participants, and market makers.

We are witnessing a free market price discovery phase.

The true price cannot be known without this process.

Deal with it.

Bitcoin wasn't made for trading. It was made to be used as a currency. People buying coins to use them.
The price discovery through traders is bullshit.

I am no fan of pump and dump, but if Bitcoin is supposed to be a free global digital currency it sort of have to deal with it. If it can´t stand the heat then it is no good in the long run.

[N12]

I don't understand free markets
I don't understand free markets
I don't understand free markets
I don't understand free markets
I don't understand free markets

FTFY

[cheekychap]

Turns out banks have removed the WU vs Bitcoin ads Might be good for the price.

[ChartBuddy]

Explanation

[NotLambchop]

Turns out banks have removed the WU vs Bitcoin ads Might be good for the price.

Turns out that Western Union is not a bank but a money service company with market cap just a tad over Bitcoin's.
Turns out ur rong

[redsn0w]

Fantastic :

However , true story :

[bad trader]

China went to sleep and TA looks bad. Traders about to panic?



edit1: Apparently maybe not?
edit2: No crash, very little volume?
edit3: So I suck at TA. Maybe it points up after all:

edit4: Wait.. hey, it's a bearish pennant!
edit5: Stop trying to break my TA, market.
edit6: But seriously, it looks bad. It might be an actual multihour bearish pennant. Cheap coins.
edit7: Meh.. it could be just continuation of the uptrend I guess:

edit8: I was right about the bear flag. Or maybe the bots sold, because it looked like a bear flag.

[Wandererfromthenorth]

It looks like you are very smart.

I know! I get told that all the time.

[Blue]

yeah Shroomskit ,
if you open your shorts in public you get busted
if you do it with btc you get ... richer.

Suck it, men !

[ChartBuddy]

Explanation

[NotLambchop]

Fantastic :

However , true story :

[macsga]

Fantastic :

However , true story :

Such drama, so much effort, you must have been buying all the way down eh?

[NotLambchop]

...
Such drama, so much effort, you must have been buying all the way down eh?

Macsga.  Your posts contribute nothing, and cast a patina of stupidity on the entire Bitcoin community.
Kindly stop shitting up this thread and delete all of your posts.
ty

[redsn0w]

...
Such drama, so much effort, you must have been buying all the way down eh?

Macsga.  Your posts contribute nothing, and cast a patina of stupidity on the entire Bitcoin community.
Kindly stop shitting up this thread and delete all of your posts.
ty

I think you don't contribute to the discussion . Please be an adult person not a troll .

Cheers.

[NotLambchop]

Redsn0w, how much is that sig campaign paying you per post?  You admitted that you have nothing invested in BTC, so why are you posting in this thread?

[macsga]

...
Such drama, so much effort, you must have been buying all the way down eh?

Macsga.  Your posts contribute nothing, and cast a patina of stupidity on the entire Bitcoin community.
Kindly stop shitting up this thread and delete all of your posts.
ty

Thank you kindly for YOUR contribution on this thread. It's far more sophisticated than mine and you take the middle* award. I won't delete all my posts if you don't delete yours first. We both troll only you piss more people off.

TY2.

*Finger.