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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26371180 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. (174 posts by 3 users with 9 merit deleted.)
conspirosphere.tk
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June 01, 2014, 07:55:50 PM

Perhaps 'that guy' is the Bitfinex guys themselves.

yes. wonder why btc exchangers should not frontrun, insider trade, and commit any other sort of malfeasance and market manipulation.
I would be actually very surprised if they were not.
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Parazyd
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June 01, 2014, 07:56:10 PM

Good thing I got my Bitcoins out of Bitstamp earlier today... I'd be tempted to do stuff.
BTCtrader71
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June 01, 2014, 07:57:16 PM

But if they were panic selling, the USD swaps would not have disappeared during the flash drop down

You mean the USD swaps (for leveraged longs) would return as traders exited their trades and repaid the USD swaps?

Yes. But more than that, the existing swaps would have had no reason to disappear. That should only happen if people are massively panic BUYing.

And yes, it could be the bfx people doing this, who knows? Or a bug in their system.
seleme
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June 01, 2014, 07:59:07 PM

We better stay above 200 daily SMA. Or things won't look so good anymore.
adamstgBit
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June 01, 2014, 07:59:14 PM

Spaceman_Spiff
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June 01, 2014, 07:59:59 PM

Do we really need a nefarious explanation for all of this?  Market was pretty overbought on the short-term and corrected/ is correcting.

PS: just look at the 1h chart on bitcoinwisdom.
ChartBuddy
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June 01, 2014, 08:00:29 PM


Explanation
adamstgBit
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June 01, 2014, 08:01:35 PM

i should buy back my coins now or those beers i handed out are gana end up costing me big time  Cheesy
MatTheCat
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June 01, 2014, 08:02:45 PM

yes. wonder why btc exchangers should not frontrun, insider trade, and commit any other sort of malfeasance and market manipulation.
I would be actually very surprised if they were not.

When I traded on Bitfinex, I always had grave misgivings about the place that I just don't have with Stamp. Look at the Bitfinex, BTC-e, and the big CNY exchanges charts. Wild $50-$100, and sometimes several hundred USD spikes all over the fucking shop. You don't get that on Stamp. Perhaps cos Stamp don't get up to shady fake volume antics and all these others I mentioned most likely do?
adamstgBit
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June 01, 2014, 08:03:33 PM

Get a beer from your fav bull  day

post your address
dani
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..yeah


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June 01, 2014, 08:04:37 PM

throw me a cold one, adam!

1daniKsaGKs4sYpfgEQ8ajpcWok7muBao

I almost sold like a whole bitcoin (haha, i love the new expression of "a whole bitcoin"), decided to stick back to hodl the fuck for almost forever.

Edit: Luv to adam!
chromosoma
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June 01, 2014, 08:05:15 PM

1J3VVdb3ZnJ41yu6WrjXSR7smQuWmeqeCV

Parazyd
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June 01, 2014, 08:05:33 PM

Can't say no to free money Cheesy

Is that some altbeer? Like a fork of regular beer? Grin
BBmodBB
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BTC = FREEDOM IS OUR ONLY HOPE!


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June 01, 2014, 08:05:42 PM



Love you man!!!<3 recevid dat gween ish'  weeeeeeee  Grin
bigdave
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June 01, 2014, 08:05:49 PM

GREEN beer? =)

they make green beer in hanoi (called "bia hoi"):



to blockchain eternety!



I'd tap that.
soullyG
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Decentralize everything


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June 01, 2014, 08:06:04 PM

Get a beer from your fav bull  day

post your address

Why thank you, kind sir!

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romneymoney
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HODL


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June 01, 2014, 08:06:28 PM

So good when it hits the lips  Grin
Cheers
wiak2
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June 01, 2014, 08:06:33 PM

Would love a beer! Bull on

1QDeb6tFJ9XA5nKt2h8oasys2HZdvDrV9y
MatTheCat
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June 01, 2014, 08:07:07 PM

Do we really need a nefarious explanation for all of this?  Market was pretty overbought on the short-term and corrected/ is correcting.

PS: just look at the 1h chart on bitcoinwisdom.

Yes, market was overbought, yes I was anticipating a correction (since long before $680), but the USD swap rates on Bitfinex mysteriously hitting extortion rates followed by a strong selling off activity reeks of fucking piss and shit. These crooks at Bitfinex will be able to look at the list of exit limit orders for their leveraged longs. I bet this sell off was triggered just below that range ($690-$710?).

In time, 'been Goxxed', will be replaced with 'been Bitfinexed'.
bitcoinsrus
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June 01, 2014, 08:07:22 PM

1K7LXovR6Y9pWqwZcPY6Ec8Wek9KMUG3tF
free beer  Grin
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