Now the sell wall at 550 is 2551BTC, that's 1.4 million dollars, come on...
Its BTC1,616 exactly on Bitstamp 2K+ on finex @ 552
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Someone is trying really hard to stop the price from climbing, I mean a 1400BTC sell wall, why would you sell at $550 when there's a rally going on?
It's a good exit strategy. Not sure how long this rally will last. He's not trying to catch the peak He doesn't want to sell at $550, he wants to buy all the coins other people put below his wall. I'm not even watching the chart. Did he actually sell his 1400 coins? Or he just put the wall up, let me check edit; I'm feeling dumb now. yes of course
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Someone is trying really hard to stop the price from climbing, I mean a 1400BTC sell wall, why would you sell at $550 when there's a rally going on?
It's a good exit strategy. Not sure how long this rally will last. He's not trying to catch the peak Really? We could easily pop to $650/$700 and it would be nothing compared to Nov/Dec. I wouldn't consider this some huge rally (from the bottom). We were at double this 5 months ago. For some reason Huobi is struggling to keep up with Stamp. What do I know, maybe you're right. Time will tell
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Someone is trying really hard to stop the price from climbing, I mean a 1400BTC sell wall, why would you sell at $550 when there's a rally going on?
It's a good exit strategy. Not sure how long this rally will last. He's not trying to catch the peak
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What happened to doge? 592? Is that a glitch? Yes, glitch
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Too much optimism. This is a bad sign
No retracement?
Oh --- off. You were crying down yesterday; now its up and back down to where it was and you're saying "BAD SIGN " as if you arent totally biased. No. Here: This is it. I'm shorting. The peak follows a logarithmic trend with the other peaks
Trying to catch a peak seems just as dangerous as trying to catch a falling knife, especially when the price has risen 1% in the last minuteNevermind
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Too much optimism. This is a bad sign
No retracement?
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lmao, the RSI is as high as the 2000CNY pump in the early days
much artificial
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This is it. I'm shorting. The peak follows a logarithmic trend with the other peaks
Trying to catch a peak seems just as dangerous as trying to catch a falling knife, especially when the price has risen 1% in the last minuteNevermind
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This is it. I'm shorting.
May be you should reconsider I'll draw a log curve soon, but look at the long-term trend, the peak at 3000 just "fits" in. RSI is extremely high, as high as early-March 1000CNY pump (which means it's mostly artificial) Correction will follow. This was like pumping through butter for the Chinese pumpers
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This is it. I'm shorting. The peak follows a logarithmic trend with the other peaks
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Rumors. And bullshit
You're just pissed you don't have any more negative China "rumors and bullshit" to post. Why should I post more FUD? (facts u dislike?) I've already said everything there need to be said. Now we wait btw, I get real-time news update from China from about 25 sources, so that's why I said bullshit Because you said that you loved posting those topics, which makes you a dick IMO. That's great that you get some BS Chinese news feeds. Whats even better is that you can't even read Chinese and rely on Google translate when a number of native Chinese speakers have warned that doing so is quite dumb. Edit: And using "facts u dislike" for FUD is almost as stupid as "hodl", neither of which earns the user respect in my book. One thing I love about the internet: it reveals one's real personality without filters. I probably make myself look like a dick in real life, but sheesh, you look like a pretentious little cunt. How do I earn your respect sir? What would I get in return? The dropt seal of approval? Keep hating, I'll keep hustling.
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Rumors. And bullshit
You're just pissed you don't have any more negative China "rumors and bullshit" to post. Why should I post more FUD? (facts u dislike?) I've already said everything there need to be said. Now we wait btw, I get real-time news update from China from about 25 sources, so that's why I said bullshit
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Appears related to this, per btc-e trollbox:
MarketQ PBOC to create a special banking unit for the funding of bitcoin exchanges MarketQ China Exchange moving oversees MarketQ Chinese offshore Yuan available for trading... if you were wondering why its rising, Chinese offshore Yuan available for trading, thats why.
Rumors. And bullshit
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Someone suggested that Coinotron had a 51% mining share of LTC. Other people suggested bullish news from China.
LTC pools are still finding blocks, no bullish news from China. No one knows.
My guess is a small whale'ish correction to fit the small uptrend from May 11th, as no news really back up the pump
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By the way Bitcoinwisdom is lagging by 5 minutes. Huobi has already reached 2842 CNY about 5 minutes ago. It's now falling down to 2820
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It's pumping through butter. No resistance. Too funny
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After further research, nothing is backing up this pump. I think it's a small artificial "correction" to keep up with the slow uptrend
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Did you know that Li Ka-shing ("Superman") is also investing millions in BitPay, despite the current situation in China?
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