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Question: 1/17 Closing Price:
<$33,000 - 4 (5.3%)
$33,000-$34,000 - 1 (1.3%)
$34,000-$35,000 - 2 (2.6%)
$35,000-$36,000 - 1 (1.3%)
$36,000-$37,000 - 3 (3.9%)
$37,000-$38,000 - 7 (9.2%)
$38,000-$39,000 - 4 (5.3%)
$39,000-$40,000 - 9 (11.8%)
$40,000-$41,000 - 8 (10.5%)
$41,000-$42,000 - 6 (7.9%)
$42,000-$43,000 - 4 (5.3%)
>$43,000 - 27 (35.5%)
Total Voters: 76

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25066663 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (157 posts by 13 users deleted.)
bitcoinsrus
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May 23, 2014, 12:38:07 AM

So, does anyone know who decided to buy: China, or the West?

it must have been China, we would be at 50$ without anyway  Roll Eyes

I think its china.  Fiatleak is going apeshit.  Its been like 23 min and already 4100+ and counting is moving on there.  (I know fiatleak is mainly bs since no fees so can look a certain way)

usually its 500-1200 per hour (on an average day)
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AngelSky
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May 23, 2014, 12:39:21 AM

So what's going on there ? China again or what ?  Grin Grin Grin
bitcoinsrus
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May 23, 2014, 12:43:00 AM

So what's going on there ? China again or what ?  Grin Grin Grin

They were never out Wink
Btc china has been around 2011.  I am sure if someone bought for 32 (on btcchina) and now its 500, why would they give up on btc?
derpinheimer
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May 23, 2014, 12:43:40 AM

So, does anyone know who decided to buy: China, or the West?

it must have been China, we would be at 50$ without anyway  Roll Eyes

I think its china.  Fiatleak is going apeshit.  Its been like 23 min and already 4100+ and counting is moving on there.  (I know fiatleak is mainly bs since no fees so can look a certain way)

usually its 500-1200 per hour (on an average day)

No, fiatleak is BS because its just trade volume (right?)
KFR
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May 23, 2014, 12:44:40 AM

So, does anyone know who decided to buy: China, or the West?

I was watching the charts unusually closely for almost all of these latest surges (I've been ill) and they all seemed to start at the exchanges you're calling "the West".  Huobi had intermittent bursts of reluctance with the usual sell-offs we're used to seeing being met by fairly aggressive bids.  There was a fun moment this morning where Huobi clearly wanted to go down but Bitstamp wasn't having any of it.  Eventually Huobi got the message and jumped on board.

I know this may fly in the face of your hypothesis that the last boom was entirely about China but there ya go.  I'm sure you'll find another way to monger some doom nonetheless. Wink

P.S.  Take a look at the recent history of short positions at Bitfinex - that's quite telling IMHO.
bitcoinsrus
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May 23, 2014, 12:45:34 AM

So, does anyone know who decided to buy: China, or the West?

it must have been China, we would be at 50$ without anyway  Roll Eyes

I think its china.  Fiatleak is going apeshit.  Its been like 23 min and already 4100+ and counting is moving on there.  (I know fiatleak is mainly bs since no fees so can look a certain way)

usually its 500-1200 per hour (on an average day)

No, fiatleak is BS because its just trade volume (right?)

I am not sure.  I only use fiatleak just to watch an average of what is pushed per hour.  You are probably correct about the volume.  I would only base it on huobi (bitcoinwisdom) but its very close to stamp so only fiatleak gives me some more info.
Kramerc
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May 23, 2014, 12:46:14 AM

So, does anyone know who decided to buy: China, or the West?

it must have been China, we would be at 50$ without anyway  Roll Eyes

What do you think about ltc/btc?

Buy with both hands or wait a couple more day?
TooDumbForBitcoin
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May 23, 2014, 12:46:55 AM

There was much rejoicing.

<Yaaayyyyyyyyy>
David M
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May 23, 2014, 12:49:56 AM

NSFW content removed

BOOOOOOOO.  I work from home you insensitive clod. :-)
seleme
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May 23, 2014, 12:53:40 AM

There's going to be nice profit on LTC at some time.
keithers
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May 23, 2014, 12:54:07 AM

So, does anyone know who decided to buy: China, or the West?

it must have been China, we would be at 50$ without anyway  Roll Eyes

What do you think about ltc/btc?

Buy with both hands or wait a couple more day?

It is a great time to flip some extra BTC into LTC...the ratio is lower than I have seen in a long time.   I have had really good success in flipping these back and forth.  Ultimately holding much more BTC is better IMO, but hedging with some LTC never hurts...
seleme
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May 23, 2014, 12:55:27 AM

So, does anyone know who decided to buy: China, or the West?

it must have been China, we would be at 50$ without anyway  Roll Eyes

What do you think about ltc/btc?

Buy with both hands or wait a couple more day?

It might go lower but 0.02 was never a losing trade if one is patient enough.
beetcoin
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May 23, 2014, 12:56:52 AM

So, does anyone know who decided to buy: China, or the West?

it must have been China, we would be at 50$ without anyway  Roll Eyes

What do you think about ltc/btc?

Buy with both hands or wait a couple more day?

It is a great time to flip some extra BTC into LTC...the ratio is lower than I have seen in a long time.   I have had really good success in flipping these back and forth.  Ultimately holding much more BTC is better IMO, but hedging with some LTC never hurts...

seems to me that LTC was intentionally being pumped and dumped though.. if the people who were behind it don't want to do it again, you might end up losing some money.
seleme
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May 23, 2014, 12:58:03 AM

So, does anyone know who decided to buy: China, or the West?

it must have been China, we would be at 50$ without anyway  Roll Eyes

What do you think about ltc/btc?

Buy with both hands or wait a couple more day?

It is a great time to flip some extra BTC into LTC...the ratio is lower than I have seen in a long time.   I have had really good success in flipping these back and forth.  Ultimately holding much more BTC is better IMO, but hedging with some LTC never hurts...

seems to me that LTC was intentionally being pumped and dumped though.. if the people who were behind it don't want to do it again, you might end up losing some money.

That's what people said previous 14 times too.
shmadz
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May 23, 2014, 12:58:31 AM

Has China banned Bitcoin this week yet?

I heard China banned Windows 8 this week  Shocked

if this is true, it's a real blessing to the Chinese people.

I hate 8
ChartBuddy
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1PwXK9TpmmaaqaZz2eqcLkPU2C1Fcva39G


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May 23, 2014, 01:00:40 AM


Explanation
beetcoin
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May 23, 2014, 01:01:55 AM

Has China banned Bitcoin this week yet?

I heard China banned Windows 8 this week  Shocked

if this is true, it's a real blessing to the Chinese people.

I hate 8

china should only ban legitimate copies of windows 8. they will burn/counterfeit their own DVDs and sell them themselves.
SheHadMANHands
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May 23, 2014, 01:04:25 AM

NSFW content removed

BOOOOOOOO.  I work from home you insensitive clod. :-)

Sorry, I get a little excited ..  brings back the feels from November  Cheesy

OK, no more NSFW.   Shocked Shocked

Unless we see another double bottom, then all bets off Shocked
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May 23, 2014, 01:06:33 AM

It looks like the Bitfinex wall (also around 2k) was eaten or partially eaten.  I see a surge in volume on Bitfinex to 2.2k on the 1h candles.
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May 23, 2014, 01:07:45 AM

Has China banned Bitcoin this week yet?

I heard China banned Windows 8 this week  Shocked

if this is true, it's a real blessing to the Chinese people.

I hate 8

Damn right. Only recently I became a Mac user. I still keep a PC with Vista running but I will never move to Windows-NSA-spyware-8.
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