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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 26373743 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.)
JimboToronto
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March 07, 2015, 08:51:18 PM

I appreciate the fact that they are trying to pump this failure again.

I mean, why wouldn't you facilitate a smooth selling experience for the whales that just won the auction ?


What you doing here on this shitcoin forum?
With your intelligence and wisdom you should make trillions in forex Cheesy

Or even get a job with a credit card company.  Grin
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1715140584
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billyjoeallen
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March 07, 2015, 08:51:23 PM

Bears are confident even though the price is rising. Perfect time to reck their shorts and move on without them.

Time is on our side not for technical reasons but for fundamental reasons. Sideways means up due to the US dollar strengthening against all other fiat currencies. All we have to do is HODL and the entire world can dog-pile into btc as an inflation hedge.

Ezmoneyezlife
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March 07, 2015, 08:52:04 PM

one more push bulls! you are almost there.


Yep


Gogo, bulls, touch 283 before getting rekt by huge post auction dump to low 100.

I gonna send you enough btc for a night full of bj's if that happen

Deal, m8. Just wait until this obvious wash volume bulltrap closes at ~1760 cny (283-285$ for finex). Its gonna be fun, last market rape before the real solid uptrend is pretty exciting.
Ezmoneyezlife
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March 07, 2015, 08:55:07 PM


Wallstreet has been showing dick for about a year manipulating price of btc, one last raping of the market and then they will allow it to go to the new ATH. Their regular scheme - rape market, collect assets, then let it rise.
ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


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March 07, 2015, 08:59:17 PM

Coin
Explanation
Omikifuse
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March 07, 2015, 09:06:28 PM

If a rally doesn't get sold down it will likely continue up.

Path of least resistance.

the path of least resistance is down.

you know, there are some thousands of BTC pooping everyday...
L0uis
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March 07, 2015, 09:07:54 PM

Bid walls on Finex
aztecminer
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March 07, 2015, 09:10:18 PM

Bears are confident even though the price is rising. Perfect time to reck their shorts and move on without them.

Time is on our side not for technical reasons but for fundamental reasons. Sideways means up due to the US dollar strengthening against all other fiat currencies. All we have to do is HODL and the entire world can dog-pile into btc as an inflation hedge.






it seems like a strong dollar is a good thing.. it should be ... however looking at the dollar index going back to 2007 we are looking eerily similar to the 2008 crisis (only bigger) .. we could see the 'big block of cheese' day anytime .... when that happens then they will have to wait while the bank converts their cheese blocks into cheese cake which requires at least 75% - 80% cheese ... then they will have some fractions of a bitcoin.
JorgeStolfi
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March 07, 2015, 09:11:29 PM


Cryptocoin News is totally wrong on that one.

61.9 million dollars is the total money spent by the hapless folks who bought shares of SM BIT since Sep/2013.  Those shares are now worth 34.9 million dollars, because the nominal value of the share is defined as the market price of 0.1 BTC.  On the average, the people holding those shares lost ~45% of their money so far.

If they had bought bitcoins directly, instead of BIT shares, those investors would be slightly better of today, because of fees that the SMBIT managers charge.  However, if they had bought real BTC, they could have spent or sold them when the price was higher.  Since they bought BIT shares instead, they had first to wait for six months before being allowed to pull out, and then were told to wait for an indefinite time while SM sought the OTCQX listing.   

So, those 61.9 million  did not come from Wall Street, but from Fools Street. 
oda.krell
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March 07, 2015, 09:13:54 PM

...  I would dare say that my "bubble model" is at least Copernican ... Maybe even a bit Newtonian...  Cheesy

Now you're getting ahead of yourself, doc.

I have one additional comment on your model (aside from the fact that I don't buy the market events premise, as I said before... Cheesy). I'll write it up a bit later.
kurious
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March 07, 2015, 09:16:34 PM

...  I would dare say that my "bubble model" is at least Copernican ... Maybe even a bit Newtonian...  Cheesy

Now you're getting ahead of yourself, doc.

I have one additional comment on your model (aside from the fact that I don't buy the market events premise, as I said before... Cheesy). I'll write it up a bit later.

Bless him, but he is no Isaac Newton.
JorgeStolfi
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March 07, 2015, 09:24:40 PM

...  I would dare say that my "bubble model" is at least Copernican ... Maybe even a bit Newtonian...  Cheesy
Bless him, but he is no Isaac Newton.

Well, for one thing, I looked into alchemy too.  I even have my own theory about the Emerald Tablet.  Cheesy
Wandererfromthenorth
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March 07, 2015, 09:28:01 PM

...  I would dare say that my "bubble model" is at least Copernican ... Maybe even a bit Newtonian...  Cheesy

Now you're getting ahead of yourself, doc.

I have one additional comment on your model (aside from the fact that I don't buy the market events premise, as I said before... Cheesy). I'll write it up a bit later.

Bless him, but he is no Isaac Newton.
Good for him, or the same could have happened with BTC  Tongue





nioc
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March 07, 2015, 09:29:10 PM

MIT Bitcoin Expo Starting now

https://www.youtube.com/watch?v=lIgjogLipvk

Thank you for this link.  I have been watching it today on my only day off, I will miss tomorrow but I'm sure they will post it.

Andreas was very good as usual especially with the questions he answered at the end.  Mr. Lee was quite boring and could not watch.

There are women in btc!

What I found very interesting was Joi Ito's comments on "stealth fecal matter implants".

Lunch break just started.


I bought more btc today as it is <$300
Hfertig
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March 07, 2015, 09:29:28 PM

Bid walls on Finex

I would not be surprised if once we get close to it, it gets pulled. It is just there to create artificial demand and confidence for some to buy at these prices.
Hfertig
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March 07, 2015, 09:30:27 PM

Bid walls on Finex

I would not be surprised if once we get close to it, it gets pulled. It is just there to create artificial demand and confidence for some to buy at these prices.

lol...pulled
JorgeStolfi
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March 07, 2015, 09:33:22 PM

Bless him, but he is no Isaac Newton.

Good for him, or the same could have happened with BTC  Tongue



 Cheesy
Tzupy
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March 07, 2015, 09:33:50 PM

There are about 4M$ new longs since the start of this rally (~240$ some 10 days ago), this means about 15k BTC will have to be sold if the rally ends, just to cover those longs.
oda.krell
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March 07, 2015, 09:36:54 PM

Newton was, in modern terminology, a 'kissless virgin' from what we know about his personal life. You certain that's something to aspire for? I mean, sure, amazing achievements by a single human mind, but...
Hfertig
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March 07, 2015, 09:37:41 PM

There are about 4M$ new longs since the start of this rally (~240$ some 10 days ago), this means about 15k BTC will have to be sold if the rally ends, just to cover those longs.

And 50000 coins from the auction which will only settle on monday. I guess they were bought at a discount to the current price. Lets see how long this will be a discount
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