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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 26403365 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.)
ChartBuddy
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October 21, 2013, 06:02:03 AM
 #33501

molecular
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October 21, 2013, 06:02:58 AM
 #33502

BTW anyone seen this service? Recharge your cell phone time with BTC?

lame, I want this:

BTW anyone seen this service? Recharge your cell phone time with BTC?
Zangelbert Bingledack
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October 21, 2013, 06:09:26 AM
 #33503

Crazy business idea: outlets all over the city where you can plug stuff in (mainly to charge phones) where you pay per watt with bitcoins! No need for safe or bill accepter or money pickup services. Just a bank of switchable outlets via deal with neighboring business. Add in wifi for bitcoins if the area is underserviced (public parks?).
bobdude17
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October 21, 2013, 06:22:18 AM
 #33504

Calling ATH this week!
molecular
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October 21, 2013, 06:30:22 AM
 #33505

analysis by Vitalik (bitcoinmagazine): http://bitcoinmagazine.com/7615/bitcoin-breaks-1000-cny-rally-continues/

He compares pattern (using CNY exchange) with pattern from February when we had broken all-time high for a short period, then corrected and subsequently went higher.

I personally think what we see is a kind of bull-flag-like pennant. I know it doesn't match the pattern (no lower lows, no channel), but let's just say: I think the pennant will break upward (or already has) and trend will continue for quite a bit.
hazek
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October 21, 2013, 06:35:31 AM
 #33506

Calling ATH this week!

I just wonder how much of this is being driven by people fleeing gox and how much is actual demand:

molecular
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October 21, 2013, 06:36:54 AM
 #33507

Calling ATH this week!

That's quite a call, but I think it could happen. If that happens, well,... all bets are off. The milieu is right for a massive rocket. If a "IMF style haircut" happens in addition (which I find unlikely, btw), we're going to meet in Frankfurt for the party sooner than we now think.
molecular
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October 21, 2013, 06:39:20 AM
 #33508

Calling ATH this week!

I just wonder how much of this is being driven by people fleeing gox and how much is actual demand:



There have been months of time to "flee gox" by now. This rally is clearly driven by the chinese markets again.

Zangelbert Bingledack
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October 21, 2013, 06:47:36 AM
 #33509

Perfect storm.
bobdude17
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October 21, 2013, 06:51:37 AM
 #33510

Perfect storm.

That's what I'm thinking. Too much buying, too much holding. US and China trading off driving the price every 12 hours.

Sticking to it, ATH sometime in the next 7 days.
ChartBuddy
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October 21, 2013, 07:01:56 AM
 #33511

Walsoraj
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October 21, 2013, 07:12:41 AM
 #33512

I go to sleep now. Single digits by the time I awake.  Kiss
prophetx
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October 21, 2013, 07:16:15 AM
 #33513

right now on gox there are 25679 btc in buy orders between $1 and 1.25

i have to wonder, did people just forget about their accounts? are these orders from people who are dead? 

at the other end the depth of for sale btc is about 26000 btc... each week it gets lower...

at some point, something has to break

anyway i put in a small sell order at 469, come and get it...
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October 21, 2013, 08:02:09 AM
 #33514

MikeH
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October 21, 2013, 08:07:28 AM
 #33515

189 just got eaten up. Definitely Chinese driven

not just that, I've seen at least 3 honest discussions about the US economy on mainstream media since the shut down - it's so weird.
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October 21, 2013, 08:19:03 AM
 #33516

The staggered bids have moved all the way up to 188 now.
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October 21, 2013, 08:23:18 AM
 #33517

Time to hit $200 today. Cheesy Remember $199 is expensive, $201 is cheap. Wink
MoreFun
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October 21, 2013, 08:26:27 AM
 #33518

Nice and smart staircase on Gox. Probably one guy...
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October 21, 2013, 08:28:38 AM
 #33519

The staggered bids have moved all the way up to 188 now.

Nice and smart staircase on Gox. Probably one guy...
   

The last time I saw this was @ ~250, I was sitting there on my computer and thought, that doesn't look right, someone is trying to hold up the market.  If Gox was still the market leader, I would think this would be a good time to sell, unfortunately you have to take their order book with a grain of salt now.
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October 21, 2013, 08:35:05 AM
 #33520

The staggered bids have moved all the way up to 188 now.

Nice and smart staircase on Gox. Probably one guy...
 

The last time I saw this was @ ~250, I was sitting there on my computer and thought, that doesn't look right, someone is trying to hold up the market.  If Gox was still the market leader, I would think this would be a good time to sell, unfortunately you have to take their order book with a grain of salt now.

Different times, different situation. I can see a break out of 200 in the next 2 days.
As for staggered bids, Probably the guy that sold 8k coins at 193 now willing to buy back,you know one cannot sleep well with Gox-USD,and no btc in hand..
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