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601  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 28, 2014, 06:04:30 PM
the gr8est buying opportunity of our time is just around the corner!!

You mean it might crash below 275$ soon? Shocked

Anyone have a thought as to why longs/shorts on BFX seem to be tied together?

Guess-1: Somebody might want to buy what shorter dump.
Guess-2: May be it's easier to spot and thus most of the people share the basic idea that "it must go somewhere soon" but they don't agree about the direction because that's harder to predict

So you think its like one person places their short wall, and someone else goes "YUM" and wala, shorts/longs go up? Thats kinda what I was thinking. It just seemed hard to believe. But the charts dont really disagree with that theory. Lots of volume spikes with no movement occur on BFX.
602  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 28, 2014, 05:27:39 PM
Anyone have a thought as to why longs/shorts on BFX seem to be tied together?

Every time new shorts are opened, longs increase by the same $ amount, or damn close to it. Shorts closing doesnt seem to have the same effect. 
603  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 27, 2014, 01:14:39 AM
6 Hour MACD green again

1 day shows reversal incoming.

Rally starts here  Cool

You must be new here  Grin



Patience is a virtue.  Cheesy

Call the start of a rally every single day, you're bound to be right...
604  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 26, 2014, 03:39:40 AM
Annnd BFX shorts are at ATH. This...should...be...goood (or really bad)

It's bullish imho.  they will close the shorts now or get squeezed.
There were like 6k shorts opened in 30hrs now... (net)
605  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 26, 2014, 03:04:29 AM
Your right. It was just blockchain.info being buggy. It showed nothing when I filtered to "received" but now it shows a bunch.

Im still confused.. why are there 3.5k sent to "himself" repeatededly and like 1btc sent to other addresses?

might be related to what I posted minutes ago.


I read what you posted, I just didnt understand it  Cheesy
606  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 26, 2014, 02:57:15 AM

Some of the coins pass through 13p5iQkqBEVgKmPeJqEL2LBRS44PjX1dZL, which has received over 600k. Anyone know if this address is associated with a mining pool, exchange or tumbling service?

Im super confused. How has this address never received coins?

it has? and lots.

Your right. It was just blockchain.info being buggy. It showed nothing when I filtered to "received" but now it shows a bunch.

Im still confused.. why are there 3.5k sent to "himself" repeatededly and like 1btc sent to other addresses?
607  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 26, 2014, 02:51:43 AM

Some of the coins pass through 13p5iQkqBEVgKmPeJqEL2LBRS44PjX1dZL, which has received over 600k. Anyone know if this address is associated with a mining pool, exchange or tumbling service?

Im super confused. How has this address never received coins?
608  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 26, 2014, 12:23:42 AM
Ah, this

...

Well, its definitely odd.. but is it important? It looks to be someone just fluffing the volume, possibly testing a HFT bot. No fees, so its not like there are repercussions to it like on USD exchanges.

It is important when the buys and sells doesn't match with the orderbook... Isn't it? Roll Eyes

No, not really? I guess if you are a TA PRO who relies on volume as an indicator  Huh

I give a lot on volume on stamp chart... I don't see chinies exchanges as a price leader. Problem is that 70% of traders thinks chinies exchanges are reliable despite all this.

Well I dont think anyone disagrees that gauging the "real" volume by China is quite difficult. Thats why I rarely bother trying to compare it. I just think of them as equals (Huobi, Okcoin, Bitstamp, and Bitfinex) despite China having a lot more volume.

If I really want to compare, then I'd look at the orderbooks, copy it down, and compare it in future. For example, if there were 5k of bids to break 2100CNY, and 12 hours later its 4k, but there was 50k of volume... I'd consider it a lot closer to '10k real' volume than 50k. So that absurd 10k volume spike earlier? Well, its pretty much insignificant volume and can be ignored.

Likewise, if the price broke 2100CNY on 10k volume, then I'd say most of it was real.

You see this sort of activity a lot when volume dies down. The price is just as volatile with a tenth of the volume, presumably because there isnt so much "high frequency trading".  
609  Economy / Speculation / Re: Totally confused with swaps. on: October 26, 2014, 12:17:26 AM
Heres the site:

http://www.bfxdata.com/combined/btc.php

$21m USD [60kBTC] borrowed
$5m   USD [13kBTC] borrowed (+3k in past 24hrs)

IMO people overestimate the shorts, but for the record they are relatively high.
610  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 26, 2014, 12:11:35 AM
Ah, this



Well, its definitely odd.. but is it important? It looks to be someone just fluffing the volume, possibly testing a HFT bot. No fees, so its not like there are repercussions to it like on USD exchanges.

It is important when the buys and sells doesn't match with the orderbook... Isn't it? Roll Eyes

No, not really? I guess if you are a TA PRO who relies on volume as an indicator  Huh
611  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 26, 2014, 12:03:23 AM
Ah, this



Well, its definitely odd.. but is it important? It looks to be someone just fluffing the volume, possibly testing a HFT bot. No fees, so its not like there are repercussions to it like on USD exchanges.
612  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 25, 2014, 11:55:17 PM
Keep looking at okcoin and huobi since it is clear they are faking the volume... Example: anomalies in last two days.
Way to go.



I see nothing odd.
613  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 25, 2014, 10:00:29 PM

QFT because you seem to think $200 and $100 BTC is coming.

I am telling you sub $330 BTC will never happen again.  If it does I will never post in this thread again.  Huge pumps are incoming in the next few mins / hours.  

By Monday, you'll agree with me.  

Check my history. I partly agree.

I posted this a week ago:


And was calling $300 since June. (Price = $660)


We stagnated in the 570-580 range for 5 long days. Soon we'll break 700.



Crash to $300  Cool

This is nice to see. Finally continuing on to $300.

Why the hell would that be nice?
It would be the worst thing ever for Bitcoin at this point.

Because its been floating around $580 yet there is nothing to support that.
614  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 25, 2014, 07:56:23 PM
What kind of trap is this?

1D macd turned red with the dumping pattern, retest of 300 is coming, cut the loose.

It's not a trap my friend........



This was even better because the image wasnt fully visible on my screen until I scrolled LOL

What kind of trap is this?

1D macd turned red with the dumping pattern, retest of 300 is coming, cut the loose.

You are wrong this time.  it will never test 330 again.  this is it!

If people short here they will lose out big time we are just over a day from + 370
 



Another one of you every day. This is just a few peoples claims I remember from the past week.

"WELL NEVER SEE $360, YOURE NUTS!"
"$350? WHAT THE HELL? ITS MOON TIME!"
"$330 IS IMPOSSIBLE"

Today, its "no $330, ever again"

$200 is coming. $100 is coming. Its just a matter of time.

QFT

if you are waiting for $ub 330. you will regret it forever. It will never happen.


Im not sure I understand your quote. QFT = Quoted for truth. You are disagreeing with me. Maybe you mean for future reference?
615  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 25, 2014, 07:29:05 PM
What kind of trap is this?

1D macd turned red with the dumping pattern, retest of 300 is coming, cut the loose.

It's not a trap my friend........



This was even better because the image wasnt fully visible on my screen until I scrolled LOL

What kind of trap is this?

1D macd turned red with the dumping pattern, retest of 300 is coming, cut the loose.

You are wrong this time.  it will never test 330 again.  this is it!

If people short here they will lose out big time we are just over a day from + 370
 



Another one of you every day. This is just a few peoples claims I remember from the past week.

"WELL NEVER SEE $360, YOURE NUTS!"
"$350? WHAT THE HELL? ITS MOON TIME!"
"$330 IS IMPOSSIBLE"

Today, its "no $330, ever again"

$200 is coming. $100 is coming. Its just a matter of time.
616  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 25, 2014, 03:42:45 AM
I still can't believe people think that Bitcoin is going anywhere...in 5 years it will be some long gone fad.

In the meantime everyone and their dog will be using blockchain technology for other things.

Bitcoin was a great idea but its over...get on with real life

Correct! Bitcoin is just an alpha. Any buying >$100 is bound to result in pain. Just a matter of time before all positions above that are at substantial losses.
617  Economy / Speculation / Re: Last prediction before the end of the year! on: October 24, 2014, 05:00:08 AM
475
618  Economy / Speculation / Re: Shorted bitcoin on: October 24, 2014, 04:09:55 AM
Congrats to you sir. I definitely expect down, but not so soon. I still cant see this pushing much lower without ~$500 first.
619  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 23, 2014, 11:42:27 PM
The selling pressure is remarkable. But so is the buying pressure.

I think this is just a few big players closing longs in anticipation of a drop in to double digits. But I still dont see that happening before $500+...

So, they will exhaust themselves, then the buyers get into a major bulltrap, and then the price plummets and these sellers look smart.
620  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 22, 2014, 11:28:49 PM
Sometimes when iīm really fucked up i think that shroomskit maybe is in fact one of the best trolls ever, and that he isnīt serious at all ?  ?  ?  ?  ?

BTW: I met your uncle.



I think he originally was not a troll, but now enjoys his position with frequent dump crying.
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