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

[lyth0s]

We will see a recover after the black friday.

Won't we?

Black Friday has little effect on the price of bitcoin... gotta wait until December 4th or soon thereafter.... but NO guarantees anything will happen after December 4; however, less likely any kind of rally will occur prior to December 4.

Out of curiosity why are you stating an importance to December 4th?

It's the date of the us marshalls auction of the 50k btc from silkroad.  I doubt that we will have a rally before that auction date, but never say never in bitcoinlandia.  Also, no guarantee of any meaningful price action after that date, but I tend to believe that several big players, including bidders, have incentives to keep prices down until after the auction bids are in.

Thank you for the explanation, not sure why I didn't realize it was the auction date. I wonder if the losing bidders will buy any coins off exchanges after they lose the auction?

I actually believe the 3D MACD will cross above the signal line on December 5th. It would be cool for these stars to aline and begin our next rally.

Disclaimer: I don't conduct any real TA and I'm not convinced of its effectiveness, but it is fun to play with

[keewee]

whats up with huobi ?

Not looking good. It's been flatlined for hours

[xcapator]

whats up with huobi ?

Not looking good. It's been flatlined for hours

Whoever is running this doesnt care about what we trade here. They want some whales to unload some cold storage coin. they want blood.

[ChartBuddy]

Explanation

[karol]

Huobi is not down normally can trade there only bitcoinwisdom seems to not work properly!!!!

[NotLambchop]

whats up with huobi ?

Not looking good. It's been flatlined for hours

Chinese authorities have finally caught up with the Bitcoin malefactors.
You didn't think such a malignant boil on the face of society would remain ignored forever, did you, criminal scum?



*Good morning, gentlemen.

[WoopDeBoop]

more drivelling nonsense

You completely ignored the fact that there are a lot of different platforms out there to trade any instrument you can imagine on. The only reason to adopt OKcoin is because they want to trade bitcoin somehow.

[NotLambchop]

[fear and desperate, unconvincing denial]

Don't fret, filthy Bitcoiner.  All will be taken care of.  We have plenty of time.

[JayJuanGee]

Hmmm Jayjuanmagee sure does post a lot, he must have a lot of great comments to contribute to this thread. I wouldn't actually know because I muted him long ago due to his constant spam, so I haven't got a clue who he is talking to. Maybe to himself? That would make sense, considering he has four constitutive posts on just this page alone. Who are you replying to jayjuanmagee?

Oh wait, I do NOT care, I can NOT hear you. Because you're muted.

Lalalala

But seriously, maybe you should calm down and consolidate your thoughts into a single post instead of this constant barrage every day all day. I suspect the quality of your posts would increase, more people would take you seriously, and fewer people would keep you muted.

I usually would make a more substantive comment, but in this case probably a simple : Fuck you. would do.   

[ChartBuddy]

Explanation

[NotLambchop]

Would you look at that...

[JayJuanGee]

We will see a recover after the black friday.

Won't we?

Black Friday has little effect on the price of bitcoin... gotta wait until December 4th or soon thereafter.... but NO guarantees anything will happen after December 4; however, less likely any kind of rally will occur prior to December 4.

Out of curiosity why are you stating an importance to December 4th?

It's the date of the us marshalls auction of the 50k btc from silkroad.  I doubt that we will have a rally before that auction date, but never say never in bitcoinlandia.  Also, no guarantee of any meaningful price action after that date, but I tend to believe that several big players, including bidders, have incentives to keep prices down until after the auction bids are in.

Thank you for the explanation, not sure why I didn't realize it was the auction date. I wonder if the losing bidders will buy any coins off exchanges after they lose the auction?

I actually believe the 3D MACD will cross above the signal line on December 5th. It would be cool for these stars to aline and begin our next rally.

Disclaimer: I don't conduct any real TA and I'm not convinced of its effectiveness, but it is fun to play with

I find it really difficult, as well, to attempt to figure out what will cause further upward or downward manipulations.  I tend to think that TAs tell only a fraction of the story, but I do NOT doubt that some people can make money with such. 

In some sense, there are big players who have been keeping or at least allowing the price to be kept manipulated downward.  At some point, some of these big players, too are going to see considerable potential for profits and just that it is for the good of bitcoin to transition out of Bear market times.  NONETHELESS, these big players may even be willing to allow this bear market persist for a few more months - even possibly through the next two auction lots of the additional 94k BTC that are in the hands of the feds.

Sure it is possible that we could get a rally before December 4, but I tend to have my doubts... but I am too afraid to short - even though I continue to hold some money in reserve in order to buy more in the event that BTC prices go into the low $300s or even into the $200s (which I really doubt will happen again).  In any event, I remain fairly satisfied that I have been able to accumulate as many BTC as I have for whenever this upward trend begins - whether within the next month or within the next 6 months.. or potentially a bit longer.

[shmadz]

*Good morning, gentlemen.

Gentlemen indeed. WTF just happened at stamp?

[noobtrader]

wow 390...  


why price rally

[NotLambchop]

*Good morning, gentlemen.

Gentlemen indeed. WTF just happened at stamp?

Whatever it is, it's not a coordinated pump.

[shmadz]

*Good morning, gentlemen.

Gentlemen indeed. WTF just happened at stamp?

Whatever it is, it's not a coordinated pump.

Smells fishy. I don't like it.

pre-dump Fake-out?

[NotLambchop]

...
pre-dump Fake-out?

I'd say yes, especially with https://www.huobi.com/ conveniently out of the picture, but FFS don't take this as trading advice.  (not that you would, but I keep seeing these silly disclaimers, so I thought I'd try it )

[seljo]

...
pre-dump Fake-out?

I'd say yes, especially with https://www.huobi.com/ conveniently out of the picture, but FFS don't take this as trading advice.  (not that you would, but I keep seeing these silly disclaimers, so I thought I'd try it )

Huobi is down for me...

[magicmexican]

Huobi dead for good?

[btcticker]

Huobi is not down normally can trade there only bitcoinwisdom seems to not work properly!!!!

Huobi api looks fine, still getting data here. (http://bitcointicker.co/)