ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 29, 2015, 04:01:36 AM |
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"You Asked For Change, We Gave You Coins" -- casascius
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wutizurkwest
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October 29, 2015, 04:09:05 AM |
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I see the market finally made up its mind. We were hovering around 2000 on Huobi and Okcoin, not sure if I'd call it resistance, the volumes were low, but some hesitation was expected. Finally pushed through, paused at 2005, now seeing 2015-2020. Where is the next major resistance, chart gurus?
What I don't understand is why there is a difference between the prices on these 2 exchanges and BTCC. It's less than a percent, maybe enough that withdrawal fees are to blame. But Bitfinex and Bitstamp are a good $10 lower than the exchange rate would suggest, even with fees factored in. The last time I noticed a consistent spread between exchanges was with Gox. I also don't believe the volumes on Huobi and Okcoin for a second, so I'm a little suspicious.
Good observation, Newbie. If coins were being moved out of China, (to fund a ponzi or to evade capital controls) we would expect to see a differential like this. After all, what good is Chinese fiat on a Chinese exchange good for (to us) except to buy coins back when the spread is smaller? That makes sense, the coins are leaving China. Possibly getting sold for Euros or USD, that would help maintain the difference. Arbitration is not an option because it's hard to move RMB out of China. Or harder, anyway. |
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solitude
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October 29, 2015, 04:17:32 AM |
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Shorters / Bears are on suicide watch
you greedy kikes thought you'd make a buck shorting bitcoin forever
But now you sold, and the price just keeps rising, and now you hook-nosed kikes got burnt
get rekt you fucking faggots.
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dropt
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Activity: 1512
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October 29, 2015, 04:22:39 AM |
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Shorters / Bears are on suicide watch
you greedy kikes thought you'd make a buck shorting bitcoin forever
But now you sold, and the price just keeps rising, and now you hook-nosed kikes got burnt
get rekt you fucking faggots.
LOL. I can't say I don't echo some of that sentiment. I don't mind traders going short if they also go long. |
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JimboToronto
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You're never too old to think young.
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October 29, 2015, 04:29:07 AM |
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... greedy kikes... hook-nosed kikes... fucking faggots.
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Cconvert2G36
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October 29, 2015, 04:30:16 AM |
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Shorters / Bears are on suicide watch
you greedy kikes thought you'd make a buck shorting bitcoin forever
But now you sold, and the price just keeps rising, and now you hook-nosed kikes got burnt
get rekt you fucking faggots.
Good job contributing to one of the most basic buttcoiner caricatures of us. |
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mavericklm
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October 29, 2015, 04:56:52 AM |
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=))))))))))))) nutzzzzz! I was out for ~1week, what's up with this shoot to the moon? |
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billyjoeallen
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Merit: 1007
Hide your women
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October 29, 2015, 04:58:35 AM |
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I was out for ~1week, what's up with this shoot to the moon?
Bitcoin is now the official national currency of Prussia. |
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 29, 2015, 05:01:32 AM |
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wutizurkwest
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October 29, 2015, 05:21:18 AM |
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1d RSI is so overbought that it is scary and China is 15$ above Stamp... Bitcoin is acting irracional again  Yeah but the 1w RSI still has plenty of room before we hit 2013 levels. |
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wutizurkwest
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October 29, 2015, 05:35:47 AM |
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1d RSI is so overbought that it is scary and China is 15$ above Stamp... Bitcoin is acting irracional again Yeah but the 1w RSI still has plenty of room before we hit 2013 levels. Yep.  Still corrections need to happen otherwise this will burn out to fast... Definitely. Anyone know where the next resistance levels are? I don't know about $31x anymore, I thought we'd hit the 2000 RMB resistance there, but it really happened at $304. |
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ChartBuddy
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Activity: 2170
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 29, 2015, 06:01:34 AM |
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GreekGeek
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October 29, 2015, 06:03:20 AM |
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Definitely. Anyone know where the next resistance levels are? I don't know about $31x anymore, I thought we'd hit the 2000 RMB resistance there, but it really happened at $304.
next big resistance is around 385 (fib level), but I still think that we will meet heavy resistance up to 330 |
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Cconvert2G36
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October 29, 2015, 06:14:18 AM |
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Resistance level is now measured in the strength by which you can hold your palsied hand above the red button.
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GreekGeek
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October 29, 2015, 06:15:07 AM |
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Resistance level is now measured in the strength by which you can hold your palsied hand above the red button.
you mean hodl... |
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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October 29, 2015, 06:23:35 AM |
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1d RSI is so overbought that it is scary and China is 15$ above Stamp... Bitcoin is acting irracional again Yeah but the 1w RSI still has plenty of room before we hit 2013 levels. Yep. Still corrections need to happen otherwise this will burn out to fast... Definitely. Anyone know where the next resistance levels are? I don't know about $31x anymore, I thought we'd hit the 2000 RMB resistance there, but it really happened at $304. We've been all day on stamp bouncing between $296 and $308 - but mostly in the $302 to $305 territories. Sure alot of volume, so I would call that to be resistance taking place in the sub $310 price territories. |
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ChartBuddy
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October 29, 2015, 07:01:31 AM |
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Lauda
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Terminated.
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October 29, 2015, 07:12:02 AM
Last edit: October 29, 2015, 07:41:22 AM by Lauda |
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 This seems appropriate right now. I was not expecting to see $305+ in the morning. next big resistance is around 385 (fib level), but I still think that we will meet heavy resistance up to 330
Depends where you're looking at. The sell side has more pressure now on Bitstamp and there is also this ~2k wall at $310: 
Update: That's not the point. |
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GreekGeek
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October 29, 2015, 07:18:07 AM |
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next big resistance is around 385 (fib level), but I still think that we will meet heavy resistance up to 330
Depends where you're looking at. The sell side has more pressure now on Bitstamp and there is also this ~2k wall at $310: last time I checked 310 was between 305 and 330  |
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