BTC/USD Wall Observer - Bitcoin Price Movement Tracking and Discussion

[BTCpoker#1]

This thread will be tracking changes in market depth. Whenever there is a significant shift in market depth, you may post a graph to notify the community. Some TA is also welcomed here. Please no FUD.

Current Market Depth as of 6/3/16 1:30 EST:

Bitfinex



Coinbase



It's interesting that Coinbase which caters to less knowledgeable or "newbies" shows a more bullish market depth.

[BTCpoker#1]

https://www.google.com/trends/explore#q=bitcoin very interesting

"Bitcoin" trending again. We know what happened to the price during the previous spikes.

[rogerver]

I'm glad to see this forum thread starting over here too.
With all the wild price rises recently, people have plenty to speculate over.
Is the rise being caused by China? the halving? News attention? Donald Trump making Bitcoin great again? Something else?

[bitc0in]

"The U.S. economy only added 38,000 jobs in May, according to the Labor Department. It was the worst monthly job gain since 2010"
http://money.cnn.com/2016/06/03/news/ec ... bs-report/
I think this news benefits to bitcoin and gold.

[BTCpoker#1]

"The U.S. economy only added 38,000 jobs in May, according to the Labor Department. It was the worst monthly job gain since 2010"
http://money.cnn.com/2016/06/03/news/ec ... bs-report/
I think this news benefits to bitcoin and gold.

How so? Are you thinking that the lack of new jobs is because people are more involved with Bitcoin or that the unemployed tend to shift towards Bitcoin related businesses and ventures?

[BTCpoker#1]

I'm glad to see this forum thread starting over here too.
With all the wild price rises recently, people have plenty to speculate over.
Is the rise being caused by China? the halving? News attention? Donald Trump making Bitcoin great again? Something else?

If I had to guess I'd say it's probably caused by smart money in China shifting to bitcoin. The halving people may have taken account already. News attention definitely helped.

[rogerver]

I find Bitcoin's dominance index a very interesting stat.
Yesterday I just heard of one casino operator who was literally offering to pay his whales to switch to altcoins because the Bitcoin network has become so unreliable for him. I'm going to reach out to him and see if he is willing to give an interview on the subject for Bitcoin.com News.

[BTCpoker#1]

Interesting last 4-12 hours

[piebeyb]

okay let's see at the end of this year and they are ready to leave for the next year
at least get the price of bitcoin is not like yesterday

[piebeyb]

just get bitcoin going to price $ 747 these days

[rendravolt]

just get bitcoin going to price $ 747 these days

And now the price $764.95

[grandFX]

I see news today that bitcoin can rise to $2000 in 2017
it is possible? Let's wait and see what happened later in the next year
https://cointelegraph.com/news/bitcoin- ... nuary-2017

[piebeyb]

I see news today that bitcoin can rise to $2000 in 2017
it is possible? Let's wait and see what happened later in the next year
https://cointelegraph.com/news/bitcoin- ... nuary-2017

If some countries use bitcoin and a lot of new people it was indeed not difficult to go to a price of $ 2,000, how we see it slowly more and more users are using bitcoin, it can also boost the popularity of bitcoin prices jumped sharply

[grandFX]

I see news today that bitcoin can rise to $2000 in 2017
it is possible? Let's wait and see what happened later in the next year
https://cointelegraph.com/news/bitcoin- ... nuary-2017

If some countries use bitcoin and a lot of new people it was indeed not difficult to go to a price of $ 2,000, how we see it slowly more and more users are using bitcoin, it can also boost the popularity of bitcoin prices jumped sharply

That's right. if some countries and the big company use bitcoin for the payment
I am sure it will be nice for the price of bitcoin in the future.

[rendravolt]

I see news today that bitcoin can rise to $2000 in 2017
it is possible? Let's wait and see what happened later in the next year
https://cointelegraph.com/news/bitcoin- ... nuary-2017

If some countries use bitcoin and a lot of new people it was indeed not difficult to go to a price of $ 2,000, how we see it slowly more and more users are using bitcoin, it can also boost the popularity of bitcoin prices jumped sharply

That's right. if some countries and the big company use bitcoin for the payment
I am sure it will be nice for the price of bitcoin in the future.

What we must do is continue to promote bitcoin, and hope that it can all be achieved.