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

[JayJuanGee]

I don't know why, but it feels lately that we are in the calm before the storm.   The variance has shrunk a lot in the past few weeks, and the high and lows are a very tight window.   I can almost feel it in the air that it is going to start moving again very soon...

which way, though?

[keithers]

I don't know why, but it feels lately that we are in the calm before the storm.   The variance has shrunk a lot in the past few weeks, and the high and lows are a very tight window.   I can almost feel it in the air that it is going to start moving again very soon...

I've read something similair the last 10 pages. Lmao.

Nothing is happening, yet.

I am getting sick of this price movement from $440 to $459. Either go up, or down. I dont care anymore lol.

Lol...the last time that everyone starting praying for the volatility to come back, it did...and went straight down basically

[Dr. LY]

I don't know why, but it feels lately that we are in the calm before the storm.   The variance has shrunk a lot in the past few weeks, and the high and lows are a very tight window.   I can almost feel it in the air that it is going to start moving again very soon...

which way, though?

Up this time. ~420 support held, and China ban becoming more and more unlikely.

[adamstgBit]

I don't know why, but it feels lately that we are in the calm before the storm.   The variance has shrunk a lot in the past few weeks, and the high and lows are a very tight window.   I can almost feel it in the air that it is going to start moving again very soon...

which way, though?

Up this time. ~420 support held, and China ban becoming more and more unlikely.

unlikely?

its already happened!

[adamstgBit]

stamps is back

up?

or UPPP!!!!!!!!!!!

who knows.... we'll just have to wait and see

 

[Dr. LY]

I don't know why, but it feels lately that we are in the calm before the storm.   The variance has shrunk a lot in the past few weeks, and the high and lows are a very tight window.   I can almost feel it in the air that it is going to start moving again very soon...

which way, though?

Up this time. ~420 support held, and China ban becoming more and more unlikely.

unlikely?

its already happened!

Obviously by "China ban" I'm talking about "China enforcing ban on Yuan deposits to exchanges on April 15th"

[ChartBuddy]

Explanation

[EuroTrash]

I expect more people to give up on crypto in the next days because of the OpenSSL scare.

[podyx]

I expect more people to give up on crypto in the next days because of the OpenSSL scare.

You serious? Why? lol

[JorgeStolfi]

Bitstamp is up and running all patched with legit SSl certificate. $2.00 rise on news.

China asleep 4.00 am $7.00 arbitage Huobi / Bitstamp

Chart sites like bitcoinwisdom use the official exchange rate (now 6.19 CNY/USD) when converting CNY to USD for Chinese sites.  However arbitragers seem to use their own rate which is slightly lower (between 6.05 and 6.15, usually), meaning that their equilibrium has a slightly higher USD price.  May have to do with fees, perhaps.

[fonzie]

I expect more people to give up on crypto in the next days because of the OpenSSL scare.

You serious? Why? lol

Bitcoin will be safe if everyone would use something like localbitcoins and hand out their paper wallets directly. If they would use morse telegraphy to communicate and maybe travel by horse it would become almost complete secure. That´s bullish. Say hello to the future. Comfortable as fuck. Bitcoin exchanges FTW.

[bitcoinsrus]

I expect more people to give up on crypto in the next days because of the OpenSSL scare.

This guy doesn't like bitcoin, but might give doge a chance

[Davyd05]

China's gonna wake up in an hr

[fonzie]

China's gonna wake up in an hr

That´s just pure speculation.

[EuroTrash]

I expect more people to give up on crypto in the next days because of the OpenSSL scare.

You serious? Why? lol

I can tell you how I felt when I saw Stamp was still not allowing logins, and I'm not pleased of not finding any reminder to change my password at all now that I can login.
I withdrew most of my coins back to personal wallet but I can imagine weaker hands just selling off and ordering cash withdrawals.

[KFR]

I expect more people to give up on crypto in the next days because of the OpenSSL scare.

You serious? Why? lol

I can tell you how I felt when I saw Stamp was still not allowing logins, and I'm not pleased of not finding any reminder to change my password at all now that I can login.
I withdrew most of my coins back to personal wallet but I can imagine weaker hands just selling off and ordering cash withdrawals.

Particularly weak hands then.  Heartbleed affected the sites of old fashioned banks too albeit just as briefly.  To conflate a temporary Internet-wide OpenSSL vulnerability with any kind of weakness in bitcoin is quite daft. 

[podyx]

I expect more people to give up on crypto in the next days because of the OpenSSL scare.

You serious? Why? lol

I can tell you how I felt when I saw Stamp was still not allowing logins, and I'm not pleased of not finding any reminder to change my password at all now that I can login.
I withdrew most of my coins back to personal wallet but I can imagine weaker hands just selling off and ordering cash withdrawals.

That is pretty ridicolous

Wasn't the problem DISCOVERED?

That means it was there before and that means this news is GOOD news

[adamstgBit]

I expect more people to give up on crypto in the next days because of the OpenSSL scare.

You serious? Why? lol

I can tell you how I felt when I saw Stamp was still not allowing logins, and I'm not pleased of not finding any reminder to change my password at all now that I can login.
I withdrew most of my coins back to personal wallet but I can imagine weaker hands just selling off and ordering cash withdrawals.

wtf, there was a patch issued for SSL and they installed it immediately this should inspire confidence, not FUD.

[JorgeStolfi]

Bitcoin burns greed.  Greed is the fuel for its engine.  All that greed will be consumed and transmuted into a new thing: scarcity.

Bitcoin is commodified scarcity.  The world was running low on scarcity, so we had to create some.  Previously we faced peak scarcity.  Thanks to bitcoin, we now have enough scarcity for everyone.

Bring on the greed.  Come at me bro.  Bitcoin will use crypto fu and redirect that negative energy into pure positive scarcity.

Greed is blind and dumb, it will eat its own children when they get fat enough.

Greed is hurting bitcoin, that is why it is bleeding.  It was greed that attracted all the scammers and thieves that now surround it. It s greed that makes otherwise smart people forget prudence, turn off reason, and trust their money to those scammers, time and time again.

Greed breeds greed.  Greed sustains not only bitcoin, but also the altcoins: "Why should I invest in bitcoin, and help Satoshi & friends steal from my wealth, if I can create my own coin, and steal wealth from those who use it?"

Greed may even destroy bitcoins most praised quality, its planned scarcity.  I don't  see what could prevent that.

[ChartBuddy]

Explanation