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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 26403706 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.)
BlindMayorBitcorn
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October 16, 2015, 12:14:57 PM

Pleasantly surprised to see the price still holding up - I was expecting an overnight lull.

Slow and steady is good, they say, but volatility is fun.. let's shoot for even higher!

So is this Liquid side-chain Confidential Transactions-ready? Or wat?

And another thing, didn't Brock Pierce already have some coin on the side that let you jump thrust move in and out of Bitcoin more smoothly lubelessly easily? So: wats the difference now?

Yeah, Liquid supposedly implements Confidential Transactions. Don't know anything about that Brock Pierce thing.

Realcoin it was called:  http://www.coindesk.com/brock-pierce-announces-dollar-backed-cryptocurrency-realcoin/
BlindMayorBitcorn
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October 16, 2015, 12:16:11 PM

$4.51 up already today on Bitstamp. This is certainly more interesting than yesterday or the day before that. I wonder if the price will be able to hold above $260 or at least $250. It would be nice to move away from $230 (even though there's nothing wrong staying with that either). This is the highest price since mid August.


I am so conditioned to expect huge dumps after a small rise..
Why?

Because Bitcoin...
Omikifuse
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October 16, 2015, 12:51:16 PM

$4.51 up already today on Bitstamp. This is certainly more interesting than yesterday or the day before that. I wonder if the price will be able to hold above $260 or at least $250. It would be nice to move away from $230 (even though there's nothing wrong staying with that either). This is the highest price since mid August.


I am so conditioned to expect huge dumps after a small rise..
Why?


Because of two years of bearish market, of course.

But this time might be different because this might be start of the halving dump that will end the bear market for a while
ImI
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October 16, 2015, 12:51:28 PM


choo choo?

Are you seeing something that I'm not? Cheesy I'm not sure what volume or what prices you're seeing buddy.

oh i am hearing it  Grin



ch.... ch........
ChartBuddy
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October 16, 2015, 01:02:31 PM

Coin
Explanation
ssmc2
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October 16, 2015, 01:12:59 PM

sell as close as you can to 258.

 Roll Eyes
ImI
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October 16, 2015, 01:30:01 PM

What are the actual chances to break 300$ and stay there without crashing back to 230$ a week after?

72.54%
ghandi
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October 16, 2015, 01:33:27 PM

What are the actual chances to break 300$ and stay there without crashing back to 230$ a week after?

72.54%

Nah. Would say about 72.539%.
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October 16, 2015, 01:36:38 PM

only
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October 16, 2015, 01:49:33 PM

Bears, where you at?
NatoshiSakamato
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October 16, 2015, 01:51:56 PM

Meanwhile Huobi pushing for 270$  Roll Eyes
DeathAngel
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October 16, 2015, 01:57:31 PM

Meanwhile Huobi pushing for 270$  Roll Eyes

Go Huobi Go !!!!

Trying to influence the market maybe & make people think 260-262 elsewhere is 'cheap coinz'
ChartBuddy
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October 16, 2015, 02:02:34 PM

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noobtrader
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October 16, 2015, 02:07:05 PM
Last edit: October 16, 2015, 03:52:40 PM by noobtrader



sell as close as you can to 258.

target is 268, before it will retrace and rises further  Tongue

says the noobtrader. Wink

lets see how close we are to the target of 268 Huh
teheheheheheheeeee

sincerely yours
noobtrader


EDIT :: now its breaking 269 at gemini bwahahahahahaaa
koryu
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October 16, 2015, 02:08:05 PM

my numbers are mainly based on ta. I believe that the scaleability problem can be solved and that the final auction won't effect the price much because it's the final one, ...no more easy bulk deals after it.

these are the lines I am watching since a while and why i said 250 was obvious. I think 260+ would be another signal that we have left the bear market and I would expect 340 as new target with a chance of a real rally. Then its time to get excited.
The other scenario is that we go back down the yellow line for some time, prolly again to 220 or 208 massive support




we are above the yellow line since 6 hours. my new target 330-340!  Smiley
Proxiebuier
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October 16, 2015, 02:14:43 PM

Meanwhile Huobi pushing for 270$  Roll Eyes

Go Huobi Go !!!!

Trying to influence the market maybe & make people think 260-262 elsewhere is 'cheap coinz'
im still hls my bitcoin 
we will back to $300
come on guys  Cheesy we can do it , we can hit $300 at this week , Roll Eyes
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October 16, 2015, 02:28:26 PM

If the price climbs back to $500-$600 does anyone think people that previously purchased above $500 will be afraid to hold any longer for fear they will never get their money back? I'm not sure I'd be comfortable buying in at that price anymore unless I was going to immediately use it to make a purchase. It may be better for the overall economy if the price doesn't climb too much.
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October 16, 2015, 02:30:21 PM

Seeing these images, couldn't someone make a profit out of the price difference? By arbitaging.

Arbitraging is profitable only if the price difference is greater than the tradeing fees.  That is one reason why the Chinese exchanges have such high volumes, and have very similar prices: one can do arbitrage even on tiny differences in price.

On the other hand, one does not need to actually move dollars or bitcoins instantaneously to do arbitrage between two exchanges.    To do arbitrage one should buy at A and sell at B when the price is lower at A, and do the reverse when the price is lower ar B.  If one has substantial BTC and dollar funds on both exchanges, one could alternate between these trades in such a way that the four accounts remain mostly balanced in the long run.  If they become unbalanced, one can transfer BTC and/or dollars to rebalance them, but those transfers can be slow.

Someone claimed that Bitcoin arbitragers may use Litecoin to transfer funds between exchanges, because of its faster confirmation time.
JorgeStolfi
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October 16, 2015, 02:35:26 PM


It has been rebranded as Tether.  Don't know anything else about it myself.

Speaking of which, no one finds it weird that the president of the Bitcoin Foundation is CEO of a competing altcoin?

Or that two Bitcoin Core developers (BTCDrak and Peter Todd) are CEO and CTO of Viacoin, another altcoin that aims to replace bitcoin?

 
dwdoc
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October 16, 2015, 02:38:01 PM

If the price climbs back to $500-$600 does anyone think people that previously purchased above $500 will be afraid to hold any longer for fear they will never get their money back? I'm not sure I'd be comfortable buying in at that price anymore unless I was going to immediately use it to make a purchase. It may be better for the overall economy if the price doesn't climb too much.

You could say that at any point. Are people that purchased above 260 previously afraid to hold any longer? Are they comfortable buying at this price?
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