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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28590. (Read 26712348 times)

member
Activity: 84
Merit: 10
fckn stamp pussyng out
hero member
Activity: 574
Merit: 500
Feeling fear again.
The bid side looks enormous but I think it is fake as it always has been during the crash. (Coinbase/SecondMarket bots?)
The ask side looks thin and that is probably real. Whoever wanted to sell already did before.
If no new money comes in, prices naturally drop slowly because fees.
And market apathy doesn't do good to bitcoin. Makes hodlers go nervous.

I think this is the epitome of a bear market condition. Bitcoin is currently inflationary, so without a certain amount of new money coming in, the market goes down.

There are a lot of bids down to 400. But if they were so eager to buy, why are they not buying? Whats the difference between 400 and 470?  Granted, its 17.5%, but still if they wanted the coins so bad, they are right there for the taking.

In my opinion, the longer we don't go up, the more likely we are to go down. Its already Wednesday in most places. We have about 36 hours to make an upwards move, in my opinion, or there are going to be some selling going on.

Of course, I guess we could just inch down like we did from 710 slowly and surely.


I find it a lot more difficult to take someone serious when they are asking silly ass questions.  We (bullish ones) do NOT know if the market is moving up or down in the short-term.. surely the bullish ones have been buying, and BTC has been in the $400s for 3 days... I am sure many bullish have already bought.. but maybe would buy more if there was some certainty about whether in the short term we were going up or down... even though in the long run the bullish ones are expecting BTC to go up.... I bought some in the $440s, in the $450s and in the $480s in recent days.  Generally, I am waiting, though I may buy again in the $450s, but if it is possible that the price will go to the low $400s, then I would prefer to buy there.  Anyhow, your statement seems just to attempt to incite argument just for the sake of argument... b/c truly you should be able to figure out the answer to such.





FTFY, I missed my chance to get some coins that would've lowered my buy in price but it was just pure laziness to blame
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
Feeling fear again.
The bid side looks enormous but I think it is fake as it always has been during the crash. (Coinbase/SecondMarket bots?)
The ask side looks thin and that is probably real. Whoever wanted to sell already did before.
If no new money comes in, prices naturally drop slowly because fees.
And market apathy doesn't do good to bitcoin. Makes hodlers go nervous.

I think this is the epitome of a bear market condition. Bitcoin is currently inflationary, so without a certain amount of new money coming in, the market goes down.

There are a lot of bids down to 400. But if they were so eager to buy, why are they not buying? Whats the difference between 400 and 470?  Granted, its 17.5%, but still if they wanted the coins so bad, they are right there for the taking.

In my opinion, the longer we don't go up, the more likely we are to go down. Its already Wednesday in most places. We have about 36 hours to make an upwards move, in my opinion, or there are going to be some selling going on.

Of course, I guess we could just inch down like we did from 710 slowly and surely.


I find it a lot more difficult to take someone serious when they are asking silly ass questions.  

We (bullish ones) do NOT know if the market is moving up or down in the short-term.. surely the bullish ones have been buying, and BTC has been in the $400s for 3 days... I am sure many bullish have already bought.. but maybe would buy more if there was some certainty about whether in the short term we were going up or down... even though in the long run the bullish ones are expecting BTC to go up....

I bought some BTC in the $440s, in the $450s and in the $480s in recent days.  Generally, I am waiting, and I have NO idea which way the price is going to go in the short term, though I may buy again in the $450s, but if it is possible that the price will go to the low $400s, then I would prefer to buy there.... and if the BTC price is going into the 300s, then I would prefer to buy there.  If I know for sure the price is NOT going to return to the $400s, then I will buy a little more in the $490s... so what the fuck.. we don't really know what the fuck the price is gonna do in the short term... it's a silly question to ask why aren't the bulls buying...  

 Anyhow, your statement seems just to attempt to incite argument just for the sake of argument... b/c truly you should be able to figure out the answer to such question.


EDITED above to break into three paragraphs and add a little bit of "fucks" Cheesy

hero member
Activity: 574
Merit: 500
There's going to be some serious fallout from the NeoBee situation.

Danny has just made a statement and closed the official thread -- death threats against kids --- the BTC-space is going to look even more ugly.

I don't quite get whats happened over there with NeoBee, can you summarise?

Only rumours so far - but something is up:

http://www.binaryoptionswire.com/something-wrong-neo/

Thought this was old news, or did people just bury it in the back of their minds during last weeks China fear fest. I remember reading about the suspension couple days back at least.
hero member
Activity: 798
Merit: 1000
BTC-e still higher than Stamp as well.
legendary
Activity: 924
Merit: 1001
Big orders -300 x2 chasing the price up on Huobi!



Just couldn't resist.  Soo cute.   Cool

 Cheesy
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2604
Merit: 1748
There's going to be some serious fallout from the NeoBee situation.

Danny has just made a statement and closed the official thread -- death threats against kids --- the BTC-space is going to look even more ugly.

I don't quite get whats happened over there with NeoBee, can you summarise?

Only rumours so far - but something is up:

http://www.binaryoptionswire.com/something-wrong-neo/

Better link:

http://www.coindesk.com/neo-bees-suspends-btc-share-trading-due-abnormal-activity/
KFR
hero member
Activity: 560
Merit: 500
Per ardua ad luna


Just couldn't resist.  Soo cute.   Cool
legendary
Activity: 924
Merit: 1001
China on their own so far, stamp and btc-e not following yet

cant go on for long. this will be an almighty squeeze.
hero member
Activity: 812
Merit: 1000
China on their own so far, stamp and btc-e not following yet
legendary
Activity: 2604
Merit: 1748
There's going to be some serious fallout from the NeoBee situation.

Danny has just made a statement and closed the official thread -- death threats against kids --- the BTC-space is going to look even more ugly.

I don't quite get whats happened over there with NeoBee, can you summarise?

Only rumours so far - but something is up:

http://www.binaryoptionswire.com/something-wrong-neo/
full member
Activity: 214
Merit: 100
Weird dump timing on LTC
hero member
Activity: 798
Merit: 1000
There's going to be some serious fallout from the NeoBee situation.

Danny has just made a statement and closed the official thread -- death threats against kids --- the BTC-space is going to look even more ugly.

I don't quite get whats happened over there with NeoBee, can you summarise?
full member
Activity: 227
Merit: 100
There's going to be some serious fallout from the NeoBee situation.

Danny has just made a statement and closed the official thread -- death threats against kids --- the BTC-space is going to look even more ugly.

have you got a link to the statement? thanks.
legendary
Activity: 924
Merit: 1001
Pack your bags, we are taking a tramp to 500s  Grin

is that like a really slow train?  Wink

LOL how could I forget about the train. lets just take the train then.
hero member
Activity: 798
Merit: 1000
Theres a mini rally brewing...

Its remarkable how well LTC has held its value during this downtrend. It usually takes much more of a hit
legendary
Activity: 924
Merit: 1001
Pack your bags, we are taking a tramp to 500s  Grin
legendary
Activity: 924
Merit: 1001
nice, huobi is eating those sell walls like mad.
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