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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.)
ChrisML
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June 01, 2014, 11:44:33 PM

Huobi is having a fat dump. LMAO

on super low volume..so infact..not really a large dump at all.

We are below 4000. Thats what I call bearish.
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June 01, 2014, 11:46:47 PM

Huobi is having a fat dump. LMAO

on super low volume..so infact..not really a large dump at all.

We are below 4000. Thats what I call bearish.

I call this low volume and retarded china following.
edwardspitz
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June 01, 2014, 11:52:46 PM

Huobi is having a fat dump. LMAO

on super low volume..so infact..not really a large dump at all.

We are below 4000. Thats what I call bearish.

It looks like they are defending 4000-ish. Can't really blame the Chinese for being a bit confused after todays events Smiley

Anyway I thought about this clip from Trailer Park Boys: https://www.youtube.com/watch?v=gtM9xD-Ky7E  Smiley
Bitcoin_is_here_to_stay
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June 01, 2014, 11:52:55 PM

Huobi is having a fat dump. LMAO

on super low volume..so infact..not really a large dump at all.

We are below 4000. Thats what I call bearish.

Huobi established slightly lower low right now.
JayJuanGee
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June 01, 2014, 11:55:11 PM

I would be happy if we stabilized off back at $666.   I know everyone wants $700+, but I am actually more happy with small sustainable steps...otherwise we get massive corrections downward...

it will not happen. crowd called the deamons and now they get the deamons. break the ATH somewhere in the future and the next big big level is 10k. then price will pull back in a massive drop.


Can you be more specific regarding the timing for these price points?
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June 01, 2014, 11:55:49 PM

LOL day.

I can see the first dump at 683 (profit taking) but the lemmings who sold at less than 650 make me laugh.

 Smiley Wink Cheesy Grin Roll Eyes
keithers
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June 01, 2014, 11:56:14 PM

OKCoin is still putting up the volume of Bitstamp and Huobi combined...
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June 01, 2014, 11:58:23 PM

Huobi is back to 4,000 Smiley
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June 02, 2014, 12:00:30 AM


Explanation
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June 02, 2014, 12:00:35 AM

LOL day.

I can see the first dump at 683 (profit taking) but the lemmings who sold at less than 650 make me laugh.

 Smiley Wink Cheesy Grin Roll Eyes

There was no large "first dump" till $670, just small sells. Dumps started at $655 and down. Although they are still in profit by selling at $650  Wink
ChrisML
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June 02, 2014, 12:01:18 AM

Huobi is back to 4,000 Smiley

Not for long Tongue
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June 02, 2014, 12:04:37 AM

Im holding until this shit hits 10 pentillion dollars
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June 02, 2014, 12:04:48 AM

Here we go again, going up in Okcoin and Huobi.
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June 02, 2014, 12:05:38 AM

Huobi is having a fat dump. LMAO

on super low volume..so infact..not really a large dump at all.

We are below 4000. Thats what I call bearish.

sure, trick others to panic Cheesy think what you wish.

My sig shows I just hodl anyway Cheesy
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June 02, 2014, 12:09:43 AM

Huobi is back to 4,000 Smiley

Not for long Tongue

Sure enough
cbeast
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June 02, 2014, 12:12:55 AM

beetcoin
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June 02, 2014, 12:33:08 AM

didn't think it would jump that much over the weekend.. i was away for some time. kinda surprised.. what's the cause for this run-up?
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June 02, 2014, 12:36:22 AM

didn't think it would jump that much over the weekend.. i was away for some time. kinda surprised.. what's the cause for this run-up?


The downtrend is broken and we are in a bull market... this is what it's going to be like until we smash the ATH, hit the next bubble peak and crash back down to somewhere between 1,000 and 2,000.
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June 02, 2014, 12:38:23 AM

LOL day.

I can see the first dump at 683 (profit taking) but the lemmings who sold at less than 650 make me laugh.

 Smiley Wink Cheesy Grin Roll Eyes

There was no large "first dump" till $670, just small sells. Dumps started at $655 and down. Although they are still in profit by selling at $650  Wink

I should have said "first dumps" (plural).

Sure, people who sold at $650 still made a profit, but that's no big thing.

Most people here would make a profit selling at $200, wouldn't they?

Selling at the bottom of this minor correction doesn't make a lot of sense.
JimboToronto
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June 02, 2014, 12:50:20 AM

didn't think it would jump that much over the weekend.. i was away for some time. kinda surprised.. what's the cause for this run-up?


The downtrend is broken and we are in a bull market... this is what it's going to be like until we smash the ATH, hit the next bubble peak and crash back down to somewhere between 1,000 and 2,000.

I agree except for crashing down as low as $1000.

Yes, I know that past performance is no guarantee but historically, BTC bubbles have never crashed down anywhere near as low as the previous bubble's high. I'd expect the crash to bottom out somewhere between $1800-$2500.
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