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

[WeltMaster]

I don't even know where this dump has come from,

Almost every indicator and market was really bullish this morning, I come home from uni to see all the markets in a firesale.

 

It always feel like the Chinese have no balls.

I remember a year or two ago, when we had the HUGE dumps sometimes the market just didn't give a shit and ate it up in an hour. Now it feels like if you sell a couple of thousand bitcoins the entire market will follow you into oblivion.

[NotLambchop]

...
derp ::: chinese wall breached !!!

Let me guess:  You're long again?  How's that working out 4u?

[macsga]

...
derp ::: chinese wall breached !!!

Let me guess:  You're long again?  How's that working out 4u?

You must be really happy now eh? 

[NotLambchop]

I don't even know where this dump has come from,

Almost every indicator and market was really bullish this morning, I come home from uni to see all the markets in a firesale.

 

There's only one indicator you should pay attention to, and he's just about to hit the "post" button.

[JimboToronto]

post

[ChartBuddy]

Explanation

[macsga]

30% of total BTC in circulation for the last 6 months. Almost minimal days destroyed. Yet the price is being forced down to this.

Must be LambChop shorting...  

http://www.coindesk.com/analysis-around-70-bitcoins-dormant-least-six-months/

[NotLambchop]

...
You must be really happy now eh? 

Meh, comme si comme sa.  Heading in the right direction, tho.

[Tzupy]

...
and when do you plan to buy back?

First I wait for bitcoincharts to work again, then I'll wait for this unexpected downtrend to resolve somehow.
I was lucky to look at China, while the market still looked bullish and I previously thought it might reach 420$.
I suspect the hedge fund is now pumping and dumping in China and makes the market look more bullish than "normal".

[macsga]

...
You must be really happy now eh?  

Meh, comme si comme sa.  Heading in the right direction, tho.

Oh, I know... I'm far behind you. You are actually THE smartest guy around here after all. How could I beat your trolling level...?

[noobtrader]

oh this is Genghis Khan !!!!



chinese wall getting breached

[fonzie]

50% fib on OKcoin between the top and 2100 has been hit almost exactly, i doubt that we will go any lower for now.

[EsBitcoin.org]

50% fib on OKcoin between the top and 2100 has been hit almost exactly, i doubt that we will go any lower for now.

Thanks for update it!

[NotLambchop]

...
You must be really happy now eh?  

Meh, comme si comme sa.  Heading in the right direction, tho.

Oh, I know... I'm far behind you. You are actually THE smartest guy around here after all. How could I beat your trolling level...?

Posting giant pics is a promising start

[SkyValeey]

I don't even know where this dump has come from,

Almost every indicator and market was really bullish this morning, I come home from uni to see all the markets in a firesale.

 

It always feel like the Chinese have no balls.

I remember a year or two ago, when we had the HUGE dumps sometimes the market just didn't give a shit and ate it up in an hour. Now it feels like if you sell a couple of thousand bitcoins the entire market will follow you into oblivion.

No, no no
This bullish ride is even longer than should be (380 $ was the most reasonable high).

Remember - bullish indicators in full mode means that bear time will come very soon

[tarmi]

daytraders are all in, time for a bounce to 385.

[noobtrader]

daytraders are all in, time for a bounce to 385.

resist the bear !!! at arm !!!

[empowering]

"Can we have 'Punctuation Sex' tonight?" I asked the wife.

"What do you mean, 'Punctuation Sex?" she queried.

"It's where I put my semi in your colon ..."

[empowering]

A man in Brussels walks into a library and asks for a book about UKIP.

The librarian says, "Get the fuck out."

The man replies, "That's the one."

[tarmi]

bad jokes, bad market analysis...

I am here just for the lols.