Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24036. (Read 26623205 times)

It's quite embarrassing that we can't seem to get above (and stay above) 400 dollars.

"Coinbase, the biggest competitor to BitPay, declined to provide a similar breakdown without providing any reason."

.@LFC_Bitcoin below:  or even 350

https://www.cryptocoinsnews.com/more-than-4400-bitpay-merchants-keep-bitcoins/

10% of bitpay merchants do not convert to fiat.

I have a feeling that number will increase substantially in 2015.

Explanation

just shorted ripple-vs-btc they cant be pumpin all teh time

lol, sometimes Ripple just x-folds the outstanding number of Ripples and the market cap grows accordingly. Anyone holding Ripple should be institutionalized.

I'd speculate that it is more like 238mio.

marketcap is actually more like 150mio because the creators hold most of the assets

Everything is hurting btc, but yes xrp is taking some liquidity out of btc.  But ripple is creating more liquidity for btc as an exchange.

imo ripple is hurting btc big time

500mio marketcap right now and keeps rising. if it goes to 1000mio the liquidity has to come from somewhere...

Calm down its a glitch.

http://www.ripplecharts.com/#/graph/r3Yho378Bww4gT6HXReyFbpDneLgTcBDDw

The market is really fascinating, right now. The Microsoft news broke the bear rally that was looking to get out of hand. However, the Microsoft counter-rally up to $360 was so weak tipping the bulls hand that they have run out of ammo. Yet, many are unwilling to sell en masse on this realization because the Microsoft news signals potential for greater adoption and, hence, is speculatively significant even if, in the short-term, the net effect is actually people using existing coins and unloading bags.

The new money just isn't there right now for it to rise and the bulls have shot their load or dropped out completely. But, people feel like BTC is on firmer speculative footing than it was a week ago. Something that might have more speculative value but has nobody crazy enough to speculate on it anymore. Now, one thought is... that's the perfect time to buy -- I understand that sentiment. But, on the other hand, the real value is the community/network effects and they've already been burnt too many times or had too much of their wealth cut from under them. It's weird. A reason for BTC to live while it is in the midst of taking its last breaths.

I think you have to short until the bulls show they have any fight left in them. Do so with a narrow stop, though, in case a big player enters the market and sees an opportunity.

https://poloniex.com

edit :: cryptsi has xrp too

It is all a matter of timeframes podyx

10 usd per bitcorn thats 2 digit bro 

You do realize price has been steadily declining since december 2013 right?

someone is pumpin ripple  

Come on traders. There must be plenty more people willing to short a hyper volatile commodity like bitcoin. I heard from some reliable members on this very forum that it is going to single digits! Forget fundamental analysis! The chart slopes down!

The Ruble is now 91 / 1 GDP  it was 45 / 1 GDP in 2013.

It's not just Bitcoin that had a bad 2014.

Just need a few more to short BTC, and then the rally will start

https://www.ripplecharts.com/#/markets

Go to XRP  /  USD   on Bitstamp

The 17 million USD wall is still there at 0.01538 USD.

1.1 billion XRP = 50K BTC = 17 Million USD

If it's not a glitch that is.