Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[aminorex]

sweet mother of Abraham Huobi 344.25/2188

Who was the mother of Abraham?

Biblically, Mrs. Terah.

[Room101]

Maybe whoever stole all the gox coins has finally finished selling them all.

[shmadz]

This is starting to look extremely fake in my opinion those Chinese exchanges are ridiculous.

I still find that the MMM ponzi (and copycats) is the most plausible explanation for the rise of the past few days.

But this current sprint seems to be too fast to be due to MMM alone.  

Perhaps some Chinese know something (true or false) that the rest of the world doesn't know yet.

It does not seem to be a repeat of the Jun-Aug Greek bubble -- that is, Westerners buying on the mistaken belief that the Chinese will rush to bitcoin as a hedge against some Chinese crisis.  The Chinese exchanges are leading this time.

But it may be simply a speculative frenzy: people buying like crazy just because they see the price shooting up, without knowing why, or caring to.

So.... You have no idea what is happening or why, yet you feel compelled to share some of your unfounded guesses?

I liked your content better when you were sharing the results for your thesis on the Chinese slumber cycle. At least that had some data behind it.

Come on, professor! Step your game up!

[wpalczynski]

REMEMBER, REMEMBER THE MOON IN NOVEMBER!!

[brg444]

This is starting to look extremely fake in my opinion those Chinese exchanges are ridiculous.

I still find that the MMM ponzi (and copycats) is the most plausible explanation for the rise of the past few days.  The other theories that have been aired do not seem more

But this current sprint seems to be too fast to be due to MMM alone.  

Perhaps some Chinese know something (true or false) that the rest of the world doesn't know yet.

It does not seem to be a repeat of the Jun-Aug Greek bubble -- that is, Westerners buying on the mistaken belief that the Chinese will rush to bitcoin as a hedge against some Chinese crisis.  The Chinese exchanges are leading this time.

But it may be simply a speculative frenzy: people buying like crazy just because they see the price shooting up, without knowing why, or caring to.

That is exactly right and is why you should stop entertaining the ponzi red herring.

If true that users of MMM ponzi buy bitcoins to participate in the scheme surely they are not asked to speculate and drive the price up with large buying spurts.

Something else is driving this market in China.

[BTCtrader71]

I think all of us bulls should take this opportunity to short the market. All together. They'll never see it coming. Midnight EST. Who's with me???

I'm sure we could knock it down 10% in half an hour. Take profit and then go long again. 

[peonminer]

REMEMBER, REMEMBER THE MOON IN NOVEMBER!!

[AlexGR]

Ok this shit is getting crazy

Because we all "know" that ...crypto is done, right? 

[Morecoin Freeman]

I think all of us bulls should take this opportunity to short the market. All together. They'll never see it coming. Midnight EST. Who's with me???

I'm sure we could knock it down 10% in half an hour. Take profit and then go long again. 

We should create the "bitcointalk P&D group", a pump and dump group for Full Members and above only.

[kromtar]

Looks like chinese buying all coins from failed poor collapsing western people, good move. 

[Fakhoury]

This is starting to look extremely fake in my opinion those Chinese exchanges are ridiculous.

I still find that the MMM ponzi (and copycats) is the most plausible explanation for the rise of the past few days.  The other theories that have been aired do not seem more

But this current sprint seems to be too fast to be due to MMM alone.  

Perhaps some Chinese know something (true or false) that the rest of the world doesn't know yet.

It does not seem to be a repeat of the Jun-Aug Greek bubble -- that is, Westerners buying on the mistaken belief that the Chinese will rush to bitcoin as a hedge against some Chinese crisis.  The Chinese exchanges are leading this time.

But it may be simply a speculative frenzy: people buying like crazy just because they see the price shooting up, without knowing why, or caring to.

That is exactly right and is why you should stop entertaining the ponzi red herring.

If true that users of MMM ponzi buy bitcoins to participate in the scheme surely they are not asked to speculate and drive the price up with large buying spurts.

Something else is driving this market in China.

Why do you forget about possible capital controls in China, brg ?

[2015Bubble]

I think all of us bulls should take this opportunity to short the market. All together. They'll never see it coming. Midnight EST. Who's with me???

I'm sure we could knock it down 10% in half an hour. Take profit and then go long again. 

We should create the "bitcointalk P&D group", a pump and dump group for Full Members and above only.

There is already a group, PM kwuckduck if you are interested.

[BTCtrader71]

I think all of us bulls should take this opportunity to short the market. All together. They'll never see it coming. Midnight EST. Who's with me???

I'm sure we could knock it down 10% in half an hour. Take profit and then go long again.  

We should create the "bitcointalk P&D group", a pump and dump group for Full Members and above only.

Yes! We admit die-hard bulltards only.


EDIT: But we wouldn't pump, only dump (short) once or twice during the parabolic rises. We know there will have to be some corrections. The only question is when. So the theory is that if we go short, it will create a disturbance in the force that would DEFINITELY trigger a correction. Foolproof, eh?

(EDIT 2: I'm joking, for those who can't tell.)

[noobtrader]

I think all of us bulls should take this opportunity to short the market. All together. They'll never see it coming. Midnight EST. Who's with me???

I'm sure we could knock it down 10% in half an hour. Take profit and then go long again.  

We should create the "bitcointalk P&D group", a pump and dump group for Full Members and above only.

Yes! We admit die-hard bulltards only.


EDIT: But we wouldn't pump, only dump (short) once or twice during the parabolic rises. We know there will have to be some corrections. The only question is when. So the theory is that if we go short, it will create a disturbance in the force that would DEFINITELY trigger a correction. Foolproof, eh?

never in my wildest dream that i will see a bull become a bear 

[BTCtrader71]

I think all of us bulls should take this opportunity to short the market. All together. They'll never see it coming. Midnight EST. Who's with me???

I'm sure we could knock it down 10% in half an hour. Take profit and then go long again. 

We should create the "bitcointalk P&D group", a pump and dump group for Full Members and above only.

Yes! We admit die-hard bulltards only.


EDIT: But we wouldn't pump, only dump (short) once or twice during the parabolic rises. We know there will have to be some corrections. The only question is when. So the theory is that if we go short, it will create a disturbance in the force that would DEFINITELY trigger a correction. Foolproof, eh?

never in my wildest dream that i will see a bull become a bear 

The Ferengi dude in Star Trek: DS9 used to do this sorta thing. "Every now and then, declare peace. It confuses the hell out of your enemies."

[JimboToronto]

Ok this shit is getting crazy

Because we all "know" that ...crypto is done, right? 

But are we rich yet?  

[solitude]

lol shorters and bears.  You got your ass handed to you.  Yours tears are delicious.  Consider suicide.

[peonminer]

Ok this shit is getting crazy

Because we all "know" that ...crypto is done, right? 

But are we rich yet? 

[noobtrader]

I think all of us bulls should take this opportunity to short the market. All together. They'll never see it coming. Midnight EST. Who's with me???

I'm sure we could knock it down 10% in half an hour. Take profit and then go long again.  

We should create the "bitcointalk P&D group", a pump and dump group for Full Members and above only.

Yes! We admit die-hard bulltards only.


EDIT: But we wouldn't pump, only dump (short) once or twice during the parabolic rises. We know there will have to be some corrections. The only question is when. So the theory is that if we go short, it will create a disturbance in the force that would DEFINITELY trigger a correction. Foolproof, eh?

never in my wildest dream that i will see a bull become a bear  

The Ferengi dude in Star Trek: DS9 used to do this sorta thing. "Every now and then, declare peace. It confuses the hell out of your enemies."

cmon ppl, dont you ppl see 135000 sell order on gemini, easily reach by buying 70 80 btc

[aminorex]

I think all of us bulls should take this opportunity to short the market. All together. They'll never see it coming. Midnight EST. Who's with me???

I'm sure we could knock it down 10% in half an hour. Take profit and then go long again. 

Monkey tells me that will happen with or without you.  Tops out near midnight US, drops to  ~~316 by morning, then resumes the ramp.  Last temporary drop.  Next one spells a downturn on the larger scale.  I am just the messenger.