Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 18542.

strawbs

legendary

Activity: 874

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Quote from: julian071 on June 22, 2016, 09:17:36 AM

Quote from: Gyrsur on June 22, 2016, 09:14:33 AM

Quote from: Tzupy on June 22, 2016, 09:12:46 AM

Quote from: aztecminer on June 22, 2016, 08:49:22 AM

what happen to the moon shot guys ??

two weeks^TM

Sounds about right. One more dump tomorrow and a couple of days after that because of no brexit (or brexit, there'll be dumping regardsless), after that moon.

I tend to agree. Once the Brexit referendum result becomes clear (estimated to be between 02.00 and 06.00 UTC on Friday), the market will have some certainty, regardless of the result. I suspect this will lead to falling prices for gold and BTC as relative safe-havens. Of course, the market will likely move before that, on rumour. As such, it wouldn't be surprising to see BTC drop substantially anytime between now and Friday, followed by a steady rise back towards ATH - which was its trajectory before Brexit jitters and Bitfinex going offline.

BlindMayorBitcorn

legendary

Activity: 1260

Merit: 1116

Buy some broken shitcoins? Hmm. Sounds like a great idea! Of course I’m the kind of guy that sticks screwdrivers in his ears for sport. But still, excellent advice from Bitcoin News Magazine. Everybody game?

julian071

hero member

Activity: 1132

Merit: 818

Quote from: Gyrsur on June 22, 2016, 09:14:33 AM

Quote from: Tzupy on June 22, 2016, 09:12:46 AM

Quote from: aztecminer on June 22, 2016, 08:49:22 AM

what happen to the moon shot guys ??

two weeks^TM

Sounds about right. One more dump tomorrow and a couple of days after that because of no brexit (or brexit, there'll be dumping regardsless), after that moon.

Gyrsur

legendary

Activity: 2856

Merit: 1520

Bitcoin Legal Tender Countries: 2 of 206

Quote from: Tzupy on June 22, 2016, 09:12:46 AM

Quote from: aztecminer on June 22, 2016, 08:49:22 AM

what happen to the moon shot guys ??

two weeks^TM

Tzupy

legendary

Activity: 2170

Merit: 1094

Quote from: aztecminer on June 22, 2016, 08:49:22 AM

what happen to the moon shot guys ??

aztecminer

legendary

Activity: 1092

Merit: 1000

what happen to the moon shot guys ??

ahpku

sr. member

Activity: 294

Merit: 250

Quote from: Torque on June 22, 2016, 08:09:30 AM

That's the dirty secret that the whales don't want you to know.

And there I was, thinking Mr. Moneybags would just pick one exchange and stick with it. But now you tell me he avails himself of arbitrage opportunities and ... less savory ways to profit from poorly regulated markets spread out across multiple jurisdictions?
Well!

infofront

legendary

Activity: 2660

Merit: 2868

Shitcoin Minimalist

Most "amateur" investors won't invest until there's a bitcoin ETF. The professional investors are going to be able to differentiate BTC from the ~~shit~~ altcoins, like ETH.

Torque

legendary

Activity: 3780

Merit: 5429

Quote from: nioc on June 22, 2016, 07:16:24 AM

Quote from: Torque on June 22, 2016, 06:50:35 AM

So this all makes perfect sense, eh?

Weeks and weeks of excitement and price rise on all exchanges. People were saying China was leading, providing 90% of the volume, and couldn't get enough.

Then an auction ends.

Then an exchange has network problems and goes offline for a bit.

Meanwhile price plummets.

Exchange comes back online.

But now we're at -130/btc, and all trading has essentially come to a complete halt.

Makes perfect sense, right? But...but.. China demand?? Right?? Fellaz??

I just put bitcoinwisdom on 6h so it shows from the beginning of the run up and I don't see volume going down. Not at 4h, 2h or 1h either.

BTW I'm not used to anything making sense.

High selloff volume is not the same as high buying volume. If China buying demand was really there and accounted for 90%, they'd just steamroll over this sell off, actually they would look at it as a huge buying op.

I'm getting sick of people still touting that 'China' is somehow responsible for all the supposed demand. They aren't, because the whales that ran this up are not Chinese, they simply have open accounts on all worldwide exchanges include the Chinese ones. That's the dirty secret that the whales don't want you to know.

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

Quote from: TooDumbForBitcoin on June 22, 2016, 07:36:02 AM

When the world learns the number 2 crypto is being run by Mr. Thompson's 9th grade Computer Science class, it gives some big-pocket investors some pause, across the entire sector.

Maybe you don't need trust to transact financially in the brave new world, but if you don't have the technical chops and/or time to distinguish players within a new sector, you need trust to invest there.

I find it a tad tricky to muster up much sympathy if they haven't done their due diligence. Anyone with half a day to read up will soon realise that crypto is littered with amateurism, children and scumbags.

MySecondCunt

newbie

Activity: 42

Merit: 0

Quote from: TooDumbForBitcoin on June 22, 2016, 07:36:02 AM

[...]
When the world learns the number 2 crypto is being run by Mr. Thompson's 9th grade Computer Science class, it gives some big-pocket investors some pause, across the entire sector.

What's that word that's forever ruined for me by teh local cognoscenti? Conflating? Yeah, stop conflating stuffs. The The_XXX is no more XXXXX than MtGox is Bitcoin. Less, actually.

TooDumbForBitcoin

legendary

Activity: 1638

Merit: 1001

Quote from: Torque on June 22, 2016, 06:50:35 AM

So this all makes perfect sense, eh?

Weeks and weeks of excitement and price rise on all exchanges. People were saying China was leading, providing 90% of the volume, and couldn't get enough.

Then an auction ends.

Then an exchange has network problems and goes offline for a bit.

Meanwhile price plummets.

Exchange comes back online.

But now we're at -130/btc, and all trading has essentially come to a complete halt.

Makes perfect sense, right? But...but.. China demand?? Right?? Fellaz??

When the world learns the number 2 crypto is being run by Mr. Thompson's 9th grade Computer Science class, it gives some big-pocket investors some pause, across the entire sector.

Maybe you don't need trust to transact financially in the brave new world, but if you don't have the technical chops and/or time to distinguish players within a new sector, you need trust to invest there.

nioc

legendary

Activity: 1624

Merit: 1008

Quote from: Torque on June 22, 2016, 06:50:35 AM

So this all makes perfect sense, eh?

Weeks and weeks of excitement and price rise on all exchanges. People were saying China was leading, providing 90% of the volume, and couldn't get enough.

Then an auction ends.

Then an exchange has network problems and goes offline for a bit.

Meanwhile price plummets.

Exchange comes back online.

But now we're at -130/btc, and all trading has essentially come to a complete halt.

Makes perfect sense, right? But...but.. China demand?? Right?? Fellaz??

I just put bitcoinwisdom on 6h so it shows from the beginning of the run up and I don't see volume going down. Not at 4h, 2h or 1h either.

BTW I'm not used to anything making sense.

Elwar

legendary

Activity: 3598

Merit: 2386

Viva Ut Vivas

Australia auction is over. I guess nobody has come out telling how much they paid?

MySecondCunt

newbie

Activity: 42

Merit: 0

Quote from: Torque on June 22, 2016, 06:50:35 AM

So this all makes perfect sense, eh?
[...]
Makes perfect sense, right? But...but.. China demand?? Right?? Fellaz??

The Invisible Hand works in mysterious ways

spike420211

sr. member

Activity: 1610

Merit: 372

Quote from: jojo69 on June 22, 2016, 02:01:39 AM

Quote from: JimboToronto on June 21, 2016, 11:44:41 PM

Apperson-Pickard group who supplied most of the world's acid from the 1960s until 2000.

would that be the silo bust...2000?

Allegedly, yes.
The entire concept of THAT much acid being produced in Kansas woulda blown Auntie Em's mind [and a few others...] Grin

Note:
If I turn into MY avatar [Prince Planet] something has gone horribly wrong...

Torque

legendary

Activity: 3780

Merit: 5429

So this all makes perfect sense, eh?

Weeks and weeks of excitement and price rise on all exchanges. People were saying China was leading, providing 90% of the volume, and couldn't get enough.

Then an auction ends.

Then an exchange has network problems and goes offline for a bit.

Meanwhile price plummets.

Exchange comes back online.

But now we're at -130/btc, and all trading has essentially come to a complete halt.

Makes perfect sense, right? But...but.. China demand?? Right?? Fellaz??

savetherainforest

hero member

Activity: 1876

Merit: 612

Plant 1xTree for each Satoshi earned!

Quote from: BitcoinForumator on June 22, 2016, 06:23:39 AM

Clif High says 14000$ this year based on his webbot Wink

He said 2000$ as basis and fluctuating on that...

*Edit: ... and after the New Year of 2016 in to 2017 till summer will try to go to 14k dollars!

Full video of what the web bot predictions say about bitcoin here:

https://youtu.be/LyvTTtdjsz0?t=5m37s

--------------------------------------------------------

But anyway ... it is 19:30+ in China ... people are coming back from work!!! They are starting to trade and pump again!

BitcoinForumator

legendary

Activity: 1120

Merit: 1000

Clif High says 14000$ this year based on his webbot Wink

Ted E. Bare

hero member

Activity: 658

Merit: 503

Bear with me

Where did Billy Joe Allen go? Is he still bearish? Tongue

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