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

[billyjoeallen]

Hey billy well played sticking to your guns.

Thanks. I think $320 is a false bottom. Even if it is the bottom, it will be tested several times so there is no need to jump on the train the first time. Don't expect help from the BearWhale's millions above $300.

For those of you who say you're holding no matter what- why are you watching the charts? Do you enjoy pain? Let me spare you the suspense: It's prolly gonna creep up enough to give what-ever's left of the permabulls and the naive a false sense of security, and then we're gonna hammer you again.

[jonoiv]

Looks like you're right bro. MUST A SELL ALL MA BITCOINZ AND PUT MA MONAY IN THA BANK!

Thank you sir Got a feeling it's going to be one hell of a good week

[NotLambchop]

...It's prolly gonna creep up enough to give what-ever's left of the permabulls and the naive a false sense of security, and then we're gonna hammer you again.

Works for me.

[bobboooiie]

What the hell are CLAMS and why are they going parabolic?

Because just-dice reopened and they are using CLAMs. They were distributed evenly to every address that had bitcoin litecoin or dogecoins in them on some date in may. So if you had some non dust amount in your address at that time you probably have some too.

[jonoiv]

Hey billy well played sticking to your guns.

Thanks. I think $320 is a false bottom. Even if it is the bottom, it will be tested several times so there is no need to jump on the train the first time. Don't expect help from the BearWhale's millions above $300.

For those of you who say you're holding no matter what- why are you watching the charts? Do you enjoy pain? Let me spare you the suspense: It's prolly gonna creep up enough to give what-ever's left of the permabulls and the naive a false sense of security, and then we're gonna hammer you again.

I'm going to keep using this one on all the trolls

[macsga]

Hey billy well played sticking to your guns.

Thanks. I think $320 is a false bottom. Even if it is the bottom, it will be tested several times so there is no need to jump on the train the first time. Don't expect help from the BearWhale's millions above $300.

For those of you who say you're holding no matter what- why are you watching the charts? Do you enjoy pain? Let me spare you the suspense: It's prolly gonna creep up enough to give what-ever's left of the permabulls and the naive a false sense of security, and then we're gonna hammer you again.

I don't get it; does Holder means you're not allowed to buy when the time is right? Is it a privilege that only traders have? A holder is not allowed here to post some charts when he feels like? It's a free market billyjoeallen. Anyone can participate and lose or win.

Just saying.

[ChartBuddy]

Explanation

[Davyd05]

Hey billy well played sticking to your guns.

Thanks. I think $320 is a false bottom. Even if it is the bottom, it will be tested several times so there is no need to jump on the train the first time. Don't expect help from the BearWhale's millions above $300.

For those of you who say you're holding no matter what- why are you watching the charts? Do you enjoy pain? Let me spare you the suspense: It's prolly gonna creep up enough to give what-ever's left of the permabulls and the naive a false sense of security, and then we're gonna hammer you again.

your question is valid, I am hodling.. kinda of just absorbing as much knowledge, opinion, and bullshit the human brain will allow.

I wasn't being facetious or anything, generally if you make a trade, you shouldn't let us the peanut gallery bullshit you out of your decision and I feel that we're as a group lately being really dickheaded to people and they deserve some credit when due for having balls to stick to the trade, Hey if i stayed out at 800 to 600 cad I'd still be laughing right now.. but I was way to fearful of the train leaving back then.

However I got no issue just holding to be honest, you get a little bit bitter about not maximizing profits but day trading and or trading is not easy and not for everyone.

[nakaone]

Hey billy well played sticking to your guns.

Thanks. I think $320 is a false bottom. Even if it is the bottom, it will be tested several times so there is no need to jump on the train the first time. Don't expect help from the BearWhale's millions above $300.

For those of you who say you're holding no matter what- why are you watching the charts? Do you enjoy pain? Let me spare you the suspense: It's prolly gonna creep up enough to give what-ever's left of the permabulls and the naive a false sense of security, and then we're gonna hammer you again.

I think we are close to the bitcoin is death phase - maybe very close.

[Bagatell]

Anyone can participate and lose or win.

But up or down the HODLer gets to play another day whilst the 20x shorter will run out of luck sooner or later.

[LFC_Bitcoin]

Hey billy well played sticking to your guns.

Thanks. I think $320 is a false bottom. Even if it is the bottom, it will be tested several times so there is no need to jump on the train the first time. Don't expect help from the BearWhale's millions above $300.

For those of you who say you're holding no matter what- why are you watching the charts? Do you enjoy pain? Let me spare you the suspense: It's prolly gonna creep up enough to give what-ever's left of the permabulls and the naive a false sense of security, and then we're gonna hammer you again.

I think we are close to the bitcoin is death phase - maybe very close.

Hahahahaaaaaaaaaaaa

[NotLambchop]

In the event of the rains continuing unabated, Gentlemen, the earthen embankment may become breached.
Such an eventuality is certain to oust you from your current domicile.

[macsga]

Anyone can participate and lose or win.

But up or down the HODLer gets to play another day whilst the 20x shorter will run out of luck sooner or later.

This is very true. HODLing is the way to keep it going IMHO. But then again, maybe it's just me.

[LFC_Bitcoin]

EVERYDAY I'M HODLING.....

https://m.youtube.com/watch?v=KQ6zr6kCPj8

[Davyd05]

China was apparently Panic'n over the fake news again..gotta love the quality fud the traders get over there.

[JimboToronto]

But up or down the HODLer gets to play another day whilst the 20x shorter will run out of luck sooner or later.

This is very true. HODLing is the way to keep it going IMHO. But then again, maybe it's just me.

No, it's not just you.

Other than for the sheer amusement of watching the bears' exhilaration and angst with every tiny movement up or down, I follow this thread to figure out when to buy the dips.

I've got an eye on that ask wall at Virtex (down to 738 from 800 coins) hoping to buy a couple more coins before it's eaten or pulled.

Gotta finish my coffee and head down the street to the ATM.

Keep accumulating.

[Torque]

China was apparently Panic'n over the fake news again..gotta love the quality fud the traders get over there.

And what fake news might that be?

[macsga]

Some politics for the sceptics here. Many of you may, right about now, have comprehended that Greece has been the paradigm of EU politics with austerity measures that outraged the citizens and teared apart all the social structures. There has been a meeting lately about Greece being kept into the current austerity program for two more months or not. For the 1st time in Greece's 8 year of torture, the PM declared strongly that Greece should get out of the troika scheme and restore critical parts of health, social security, public sector etc.

On Dec. 4 Reuters has posted the following article: http://uk.reuters.com/article/2014/12/03/uk-greece-bailout-idUKKCN0JH0QJ20141203

The plain truth is that Greece has fought its way out and they DIDN'T ALLOW IT! As a result, the current PM called for presidential elections. The current governmental scheme is not able to elect a president (they need 180 votes - they only have 155) and thus the country will be -eventually- headed to new government elections. The left party which will probably prevail, has declared they won't be as ''flexible'' as their current government. I assure you they won't hesitate to choose the ''alternative'' road.

Today in Athens, there was a great stock market crash. The greatest since 1987! The market always predicts the facts.
Related article translated in English can be found here: https://translate.google.gr/translate?sl=el&tl=en&js=y&prev=_t&hl=el&ie=UTF-8&u=http%3A%2F%2Fwww.capital.gr%2FMarkets.asp%3Fid%3D2176586&edit-text=&search_plus_one=form

You can call me a fool, or anything you like really; but I'm very well educated, father of one and I love my country. Mark my words here:
Greece is the canary in the coalmine. EU's countries belong to a chain. If a part is broken, the chain will follow. Now I want you to remember what has happened last year before the BTC Rally. Let me refresh your memory. CYPRUS!

Keep your money to the banks. Or not. Your choice.

Cheers.

[Davyd05]

China was apparently Panic'n over the fake news again..gotta love the quality fud the traders get over there.

And what fake news might that be?

http://www.btc38.com/btc/altgeneral/5245.html

Author: Nanga

Related reading: China UnionPay shot remediation Bitcoin transactions and acquiring behavior (suspected rumor)
 
December 9 morning, a regulation [China UnionPay shot Bitcoin transactions and acquiring behavior] article caused an uproar in the country and encrypted digital currency Bitcoin circle, Aihong in the market again, from 12:45 to 13:00 30 points, the major domestic exchanges Bitcoin transactions fell sharply, OKCoin of bitcoin transaction price 2101 yuan fell from 2216, the famous and competitive currency Bitcoin market "bit era", to 14:20 time-sharing, bit currency decline of 6.3% (2155 yuan), under the influence of each currency declines even more competitive, with an average decrease of 10% or more.
 
The press releases lethal amazing, but it really as bad as has been reported, that must be rectified CUP Bitcoin trading act?
 
Currency markets have studied the abundance of information about the CUP structure, administrative and other documents belong, after careful analysis, CUP no authority, no effect "rectification" of a market behavior.
 
By querying Wikipedia, introduce China UnionPay as follows:
 
China UnionPay Co., Ltd. (English: China UnionPay), referred to as CUP, UnionPay, is approved by the People's Bank of China a shareholding financial service institution established on March 26, 2002 to set up headquarters in Shanghai, China UnionPay is to establish and operations throughout China bankcard inter-bank information exchange network, networked universal bank cards throughout China, and promote the rapid development of China's bankcard industry established. As of October 2014, China UnionPay network has been extended to more than 140 foreign countries and regions, and support in China UnionPay card holders the App Store users CUP card payment services to buy all kinds of applications. After UnionPay cardholders will bind with the Apple ID, you can enjoy one-click payment services.
 
Business:
 
Management and operation of UnionPay logo. For example, authorize banks to issue with China UnionPay logo and dual-currency credit card credit card company logo (mostly RMB and US dollar). UnionPay bank card issued by a member now almost wholly with the UnionPay logo.
 
Construction and operation of the whole of China unified inter-bank bankcard information exchange network. In fact because of States to comply with WTO agreements, China UnionPay's services are beyond the Chinese mainland, is currently in Hong Kong, Macao, Taiwan, Korea, Thailand, Singapore, Japan, USA, Germany, New Zealand, Canada, Australia and more than 140 countries and regions CUP services, including check, credit card spending, cash and so on.
 
Provide advanced electronic payment technologies and the bank bankcard information exchange related professional services. Currently in China's major cities, almost all posted signs on all ATMs UnionPay, China UnionPay logo can have a bank card services.
 
Providing online payment CUP CUP mobile payment, pay and other flash products and services. Carry out bank card technology innovation.
 
Develop inter bank trading operations specifications and technical standards, coordination and inter-bank interbank trading arbitration disputes. For example, the use of bank cards in the cross when the issuer and acquirer fee into other issues.
 
Industry training organizations, business seminars and international exchanges, engaged in related research and consulting services.
 
Approved by the People's Bank of China and other relevant services.
 
On the official website of China UnionPay also made clear that the Bank of China, China UnionPay card was jointly organized by China UnionPay inter-bank transaction settlement system, to achieve interoperability and sharing of resources between the commercial banking system, to ensure inter bank, inter-regional and cross-border use.
 
China UnionPay's organizational structure chart:
 
\
 
From the composition and structure of China UnionPay, we can see the essence of China UnionPay is to solve the major banks pay interoperable service-oriented enterprises, is the for-profit company, engaged in the business could be in the "republic of China company Law "conducted within the framework, how, a company has permission to" rectification "If such market behavior Bitcoin deal?
 
China UnionPay's behavior from the market, the CUP and Alipay payment in the same position, only a different business channel fills, Paypal is possible to "rectification" Bitcoin deal? Such payment service-oriented enterprises, restrictions do nothing but pay channel's ban on the use of it.
 
ORIGINAL:
 
We look back [China UnionPay shot remediation Bitcoin transactions and acquiring behavior] of the original source as "Chinese network - China Window channel", the original link address for http://zgsc.china.com.cn/yule/2014 -12-08 / 276142.html, from domestic financial channel of the same name Sina reprint articles can be found to this address, but the address is now open, but there is completely different content, is no longer [China UnionPay shot remediation Bitcoin transactions and income single behavior] story!
 
It is a paradox!
 
Original disappeared! Show?
 
[China UnionPay shot remediation Bitcoin transactions and acquiring behavior] source of this article is gone? ! Such an event is full of intrigue paradoxical atmosphere. After this led to an encrypted digital currency (Bitcoin, competitive currency) prices fell sharply in the final period culprit, have been forwarded to other major sites, have a huge impact, this disappeared, which is naked "Rat", "information warehouse "behavior!
 
There is no doubt that this is a large village, Heizhuang bad behavior!
 
Reflection:
 
An false reports can cause substantial vibration and encrypted digital currency Bitcoin market, causing investors to panic, indicating that the entire market is still immature, weak investor's analysis, a more serious point that is speculation about the outcome, enlarge little trouble on psychological shock, which is the investment (speculative) were immature, but also immature entire encrypted currency markets.
 
Cultivate this market, not only need a huge amount of money, but also psychological maturity investments, the right to judge the future development trend of financial and persistent belief, "hammer mobile phone" can with "feelings" expanding the market, to be successful, as the go centralized solve the cross-border payments, encrypted digital world to participate in the currency market will not succeed?
 
From another perspective, the performance of today's confusion encrypted digital currency market, gray between the free, because of policy uncertainty caused by the ambiguous attitude of the Government, such as effective regulation, not only give the investor funds to protect the safety, but also enhance China's position in the encrypted digital currency industry, industry practitioners to stimulate creativity, making the "Made in China" innovative applications cover the whole world!
 
Responsibility:
 
According to "China Journalists Code of Ethics," the article reported that a serious breach of the principle of news authenticity, serious damage to the credibility of the news media. In the past, false reports regarding the column violated a criminal law case several pieces, and "Criminal Law Amendment (3)" the provisions of Article 291, fabricated, deliberately spreading false information about a terrorist crime refers to fabricate explosive threats, biological threats , radiation and other terrorist threat information, or knowingly and intentionally fabricated terrorist information dissemination, seriously disrupting social behavior order.
 
According to the provisions of the Criminal Code of the offense, as long as make people fear and cause public panic within a certain range, seriously disrupting social order of false information, should belong to the category of terrorist information.
 
Currency abundance of information in addition to strongly condemn the original author, the source reported that the website "Chinese net" accidentally forwarded the major sites, but also hope the victims filed civil and criminal litigation through the proper channels, giving backstage to deter, to prevent recurrence of similar incidents in the future .
 
HSBC currency Information willing victim of this incident as convenor, consult the list of victims and losses, through legal counsel currency abundance of information, in order to carry out the regular way accountable.
 
HSBC currency Information Contact: support@coinfeed.net
 
 
Disclaimer: This article is reproduced, spread news purposes only and do not represent the bit era proposal, fried currency risk, the investment need to be cautious! ! !


Disclaimer: Some Article from the Internet, such as the reprint does not comply with your wishes or infringes your copyright, please contact us, we will remove as soon as possible.
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as I understood it last night, and posted somewhere the gist of my reading comprehension skills at the time.

Someone leaked something from China.com that outlined some sort of issue for Unionpay perhaps servicing bitcoin businesses, and that got retracted as only a rumor before am hit the America's.

[Cassandra_PR]

...
Keep accumulating.

This old chestnut again?

I'll say the same as I did 6 months ago or a month ago.

We'll probably reach our old ATH by mid summer, and hit anywhere from $7000 to $12,000 before crashing down to $2000-$2500, possibly before year's end.

We should be above $10,000 for good by this time next year.

Unless something comes along to break Bitcoin before then.