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

[ChartBuddy]

Explanation

[chessnut]

It looks like a bottom. Right place, right time, right fundamentals. too many greedy bears want sub 400, but they have to argue with each-others profit targets as well as this almighty wedge line.

The positive forces driving bitcoin outweigh any catastrophe it has ever faced 100:1

[fonzie]

Huobi mini pumper = same guy who´s tryin to sell 500-600BTC at the same time on Stamp?
Happened before under similiar conditions with 1000 walls. We mostly saw a harsh  end of the bull trap
a few hours after the "breakthrough".

[chessnut]

Huobi mini pumper = same guy who´s tryin to sell 500-600BTC at the same time on Stamp?

one does not sell by buying.

[fonzie]

Huobi mini pumper = same guy who´s tryin to sell 500-600BTC at the same time on Stamp?

one does not sell by buying.

Everyone is followin huobi, 50 BTC get bought over there, he lures people in to buy into his 500-600BTC sell order, makes sense?
Happened with Gox before.(Pump on Gox - sell on Stamp)

[lynn_402]

I'd like to point out that BTC's market cap is at 7.5% of the GDP of Guatemala.
Surely we can do better than that?  

[chessnut]

China has awoken! today is the day of the BULL!

[igorr]

Bear coming.

[chessnut]

Everyone is followin huobi, 50 BTC get bought over there, he lures people in to buy into his 500-600BTC sell order, makes sense?
Happened with Gox before.(Pump on Gox - sell on Stamp)

pump and dump... I know what it is. It only works in stagnant markets.

If you are trying to tell me that China is a stagnant market then you better cover your shorts quick

[mah87]

China has awoken! today is the day of the BULL!

Day of the bull indeed

[mah87]

lol sorry for the format.

It was a fat permabull !

[PoolMinor]

i think a good few people need to read this
http://www.reddit.com/r/Bitcoin/comments/2241p6/china_april_15th_summary_some_facts_between_lots/

very good summary
we've been getting it in bits and pieces as the news's came in
some traders here have reported they are not willing to trade with such uncertainty in the air, so i think we have pretty much priced out china now.

Something smells fishy here:
Huobi has related that banks not received any memo about Bitcoin in the last three months.
"The banks told us that they have only learn about “April 15” from the news."

[chessnut]

I like this picture, because when the bull is dead, the fight is OVER.

Bottoms up!

[mah87]

BBQ with friends

[BBmodBB]

woof! yeah man looks like bitcoin is still ALIVEEEE !!!! hahahehee

http://thesporedepot.com/Magic%20Mushroom%20Spores.html

[Feri22]

After short time, this is what will remain...

[adamstgBit]

the dead bull img is repulsive

[fonzie]

Everyone is followin huobi, 50 BTC get bought over there, he lures people in to buy into his 500-600BTC sell order, makes sense?
Happened with Gox before.(Pump on Gox - sell on Stamp)

pump and dump... I know what it is. It only works in stagnant markets.

If you are trying to tell me that China is a stagnant market then you better cover your shorts quick

It´s not a real pump and dump, i don´t trust any of the data from Huobi.
With Gox it turned out that most of the trades never actually happened, and most of the data was fake as fuck.
Huobi could work the same way. If chinese coins would have to be slowly sold on western exchanges for a "fair" price, this tactic would work out.
I´m just speculatin of course.
One of my earliest posts in here has been about this special Gox tactics, (i got bashed of course), but it turned out to be true.

[mah87]

the dead bull img is repulsive

It's your opinion, I made this BBQ on last sunday

[igorr]

A big dark Bear coming.