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Question: Where will this rally top out?
Already topped <$7,000 - 19 (25.7%)
$7,000-$7,499 - 5 (6.8%)
$7,500-$7,999 - 8 (10.8%)
$8,000-$8,499 - 4 (5.4%)
$8,500-$8,999 - 5 (6.8%)
$9,000-$9,499 - 1 (1.4%)
$9,500-$9,999 - 0 (0%)
$10K+ - 32 (43.2%)
Total Voters: 74

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21586787 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. (143 posts by 33 users deleted.)
mrkavasaki
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March 13, 2015, 06:59:19 PM

sub $200 soon??
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1586120390
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1586120390
Reply with quote  #2

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derpinheimer
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March 13, 2015, 06:59:35 PM



This is fun to watch. Tons of buyers placing their bids in front of the (once) 1.5k bidwall. If that wall goes, it took a lot of buyers with it.
NotHatinJustTrollin
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March 13, 2015, 07:00:33 PM

"I mined so many coins this month, thank you burrs, you have been very usefurr!!"
-Every chinese megaminer who is about to unload his coins now that the pump is over.



JimboToronto
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March 13, 2015, 07:00:41 PM

drink some beer and smoke some weed Cool

The beer part is easy. Just go to a bar that accepts Bitcoin.

The weed part is a little more difficult. I don't know any potbrokers who accept bitcoins in real life, just on the internet and that takes days.

 Tongue
derpinheimer
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March 13, 2015, 07:01:19 PM

All the buys that are happening on Finex are on margin it's not good and it's not healthy.
Holy shit lol! People are opening longs through the dumpage. Unheard of!
NotHatinJustTrollin
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March 13, 2015, 07:03:38 PM
Last edit: March 13, 2015, 07:16:22 PM by NotHatinJustTrollin

All the buys that are happening on Finex are on margin it's not good and it's not healthy.
Holy shit lol! People are opening longs through the dumpage. Unheard of!
$21.6 millions in longs right now.

A few months high.

derpinheimer
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March 13, 2015, 07:10:06 PM



LMAO! Look at the BTC swap demand! And the rates; it's extremely expensive to go long right now and people are still doing it.
SnokkomBTC
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March 13, 2015, 07:10:11 PM

drink some beer and smoke some weed Cool

The beer part is easy. Just go to a bar that accepts Bitcoin.

The weed part is a little more difficult. I don't know any potbrokers who accept bitcoins in real life, just on the internet and that takes days.

 Tongue
It's not difficult in the Netherlands   Wink

But I think you need coffee?

camolist
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March 13, 2015, 07:10:30 PM

Who's ready for the weekend?
[]https://i.imgur.com/wk9CRx4.jpg[/img]

so when does the party start? I don't want to be late
coinableS
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March 13, 2015, 07:14:39 PM

Price is rapidly approaching zero, abandon ship!  Tongue
luckygenough56
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March 13, 2015, 07:15:56 PM

BIT-TULIP !
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March 13, 2015, 07:17:25 PM

this it? this the proof that we are still in a bear market?
adamstgBit
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March 13, 2015, 07:18:37 PM

starting to think this was a trap.
hodlmybtc
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March 13, 2015, 07:19:55 PM



Bearish div on the 30m chart, 285 was probably a good dip to buy.
KryptoFoo
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March 13, 2015, 07:21:34 PM

Yes, good, good. Bring up the volume bears, and rain your doubts and aspersions down upon us. Market needs a good dose of skepticism. We need the wall of worry to move higher. Is healthy.
JimboToronto
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March 13, 2015, 07:26:28 PM

drink some beer and smoke some weed Cool

The beer part is easy. Just go to a bar that accepts Bitcoin.

The weed part is a little more difficult. I don't know any potbrokers who accept bitcoins in real life, just on the internet and that takes days.

 Tongue
It's not difficult in the Netherlands   Wink

But I think you need coffee?



Thanks, but I'm done with coffee for today and happy hour is still a couple of hours away.

Guess I'll have to get by on shirak-e-mazar.



We're spoiled here (the legacy of Rochdale College), but I hear you don't have it too bad in Amsterdam either.

 Cheesy
bad trader
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March 13, 2015, 07:29:35 PM

All the buys that are happening on Finex are on margin it's not good and it's not healthy.
Holy shit lol! People are opening longs through the dumpage. Unheard of!
$21.6 millions in longs right now.

A few months high.
NotHatinJustTrollin appealing to reason: bullish


Line breached. Going to retest $215-$220 pretty soon.

It's just a matter of time before it crashes again.



Did you listen?


Whoa big drop all of the sudden! What's going on?

Since when is a 10$ drop a big one? Btc was boring for last 2 days and big traders decided to make some money... Simple as that. Back to 245$ in next few hours, there is to much shorts and people will start closing them if this doesn't drop lower in an hour or two  Wink
Don't think so:






A few more dumps and the line will be totally breached.
It's over. Get out.


Feel free to ignore that advice, hodl and lose tho.
The pump is probably over.









-Weak pump that can't even touch $300:
Check

-Lots of longs on bitfinex despite price not moving much and looking toppish:
Check

-Very low Bid Sum on all exchanges:
Check

Euphoria from the bulls at the top of the pump talking about buying boats:
Check
bassclef
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March 13, 2015, 07:31:27 PM

starting to think this was a trap.

It's always a trap, adam. If you are a huge whale, how can you mark the price up the cheapest way possible?

-clean out the selling, test bear strength by dumping the market a bit
-get newbs/gamblers to open new shorts
-get longs to cover and take profit (better now than during a markup which you would have to absorb)
-get your own longs filled at lower prices

Works the opposite in a bear market. Now when they push back up there will be less selling and the new shorts will either cover or get called, adding further fuel.

It's all part of the game if you trade with enough coin to alter trends. Think like a predator and not the prey.

Now if you see big volume pushing through, say, $275, then that's an indication that the big boys are selling. If there is relatively lower volume (especially during a retest of a price area) then they are not and it is probably a test.
Dump3er
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March 13, 2015, 07:37:13 PM



Bearish div on the 30m chart, 285 was probably a good dip to buy.

That's a bullish div, nap. A bear has to tell you this  Roll Eyes

Now I know what's causing this stupid hodl-religion.
hodlmybtc
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March 13, 2015, 07:47:01 PM

That's a bullish div, nap. A bear has to tell you this  Roll Eyes

Now I know what's causing this stupid hodl-religion.

Oops, just a typo Smiley

If I ment bearish div ofcourse I wouldn't say 285 was probably a good dip to buy.
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