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Question: What happens next?
$7,500 - 53 (63.1%)
$9,500 - 31 (36.9%)
Total Voters: 84

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21435662 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. (129 posts by 23 users deleted.)
SkyValeey
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March 25, 2015, 12:17:09 AM

Hmm below 1500 cny next hours? New low soon?

It looks like there's no fuel to real rebound.
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mcplant
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March 25, 2015, 12:28:21 AM

is it possible to open a long and a short at the same time on bitfinex?
HarmonLi
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March 25, 2015, 12:29:32 AM

The monkey is never wrong, I guess... If there's one thing that's certain in Bitcoin-land it's that the monkey is always a reliable indicator. TA? MA!
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March 25, 2015, 12:29:49 AM
Last edit: March 25, 2015, 01:56:02 AM by WeltMaster

Just got online to see the massive 4k volume dumps on bitfinex. Is there any potential reasoning behind these dumps or just the market going down?

No reasoning apart from wave 4 ew

Bears have been throwing the kitchen sink at this for some reason, good opportunity to accumulate more coin.

Once the dust settles roll on wave 5 Cool


Also happy 12k everyone!
calme
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March 25, 2015, 12:30:29 AM

is it possible to open a long and a short at the same time on bitfinex?
my understanding is that if you are into schlongs, you need multiple accts.
SkyValeey
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March 25, 2015, 12:30:45 AM

Bullish RSI divergence 6h

[img]http://i.imgur.com/lfN0iKw.png?1

Divergence is pretty often at BTC charts (various scales), but it doesn't mean much.
So I wouldn't take divergence as a main or even serious indicator in BTC trading.
HarmonLi
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March 25, 2015, 12:31:54 AM

Well we're down by quite a bit already so there's no need to short now, I guess. I just enter the club of people hoping that the bears are wrong and fall for the honey-dip Smiley
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March 25, 2015, 12:34:22 AM

...Is there any potential reasoning behind these dumps or just the market going down?

Bitcoin's dying.  I understand a coin's bowels let go right at the point of death--not pretty.
HI-TEC99
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March 25, 2015, 12:34:59 AM

12.000 pages. Yay.

edit: Too late Jimbo boy!

Must be going for the record, the biggest thread ever.
ThatDGuy
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March 25, 2015, 12:38:33 AM

12k! nice!
SkyValeey
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March 25, 2015, 12:38:38 AM

Well we're down by quite a bit already so there's no need to short now, I guess. I just enter the club of people hoping that the bears are wrong and fall for the honey-dip Smiley

If you look at chart 12h or 6h, drop to 1300 or 1200 or even 1100 next days wouldn't be surprising.

Rebound was weak, so question whether we're going lower is crucial now imho.
Meuh6879
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March 25, 2015, 12:39:57 AM

12k ...  Grin only at the end of the 2016, guys.

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March 25, 2015, 12:46:24 AM

...
Once the dust settles roll on wave 5 Cool

Elliott wave, Bitcoin and Rubik's Cube were all cute back in the day, but shit, the blush's really off the rose, gentlemen, the year's 2015 Undecided
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March 25, 2015, 12:51:44 AM

Just posting the P 12k, price is not exciting enough to post about.

Hoping Monkey is right on the turn.  Buying in moderation...

http://www.bloomberg.com/news/articles/2015-03-24/bitcoin-getting-serious-as-nasdaq-nyse-step-into-digital-craze
samson
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March 25, 2015, 12:52:59 AM

The Justice Department is ordering bank employees to consider calling the cops on customers who withdraw $5,000 dollars or more, a chilling example of how the war on cash is intensifying.

Is this for real?  Shocked Shocked Shocked

http://www.infowars.com/feds-urge-banks-to-call-cops-on-customers-who-withdraw-5000-or-more/

What are they expected to charge them with, receiving funds from sold bitcoins? I didn't know it was a crime to sell your bitcoins. Having your account closed is bad enough without being arrested too.

Nothing. The purpose is to scare.


Mind you there's a *cough* rumor that the same is happening in the EU Banks... A friend of mine told me the amount was different though; 3000Eur. Well; that feels "safe"... Undecided

Capital controls come sneaking in, most people will not be bothered by them in a normal situation. But if shit happens, you are locked in.


They will take the money from you and it will not be easy to get it back because you're probably a criminal. That's complete horseshit of course but it's the argument 'they' use all the time.

This is draconian and a serious development.
Cconvert2G36
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March 25, 2015, 12:53:44 AM

Elliott wavers serve as the main post hoc graphical artists of our age.
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March 25, 2015, 12:58:50 AM

Coin
Explanation
coinableS
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March 25, 2015, 12:59:08 AM

is it possible to open a long and a short at the same time on bitfinex?
my understanding is that if you are into schlongs, you need multiple accts.
Haha, shorts + longs together = schlongs!
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March 25, 2015, 01:05:36 AM

Looks like some people feeling bullish again. Longs are on their way back up and some huge demand for USD swaps.

hyphymikey
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March 25, 2015, 01:11:11 AM

Either these sellers do not know what they are doing, or their bots are programmed to follow the zero fee Chinese exchanges where they buy and sell to themselves to push the price in their desired directions.
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