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Question: When New ATH?
Apr. 11 - 2 (5.7%)
Apr. 12 - 3 (8.6%)
Apr. 13 - 4 (11.4%)
Apr. 14 - 5 (14.3%)
Apr. 15 - 4 (11.4%)
Apr. 16 - 1 (2.9%)
Apr. 17 - 3 (8.6%)
After Apr. 17 - 13 (37.1%)
Total Voters: 35

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25252783 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. (157 posts by 13 users deleted.)
ChartBuddy
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January 27, 2014, 06:02:29 AM
 #80001


Explanation
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January 27, 2014, 06:11:20 AM
 #80002

More likely, BFX sells are coins from Gox.   

Mark Karpeles must be getting very rich, selling 800 dollar coins for 1000 dollars.
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January 27, 2014, 06:12:51 AM
 #80003

Having seen about 8,9 or 10 of these walls today, I'm wondering if someone is building up a big short position.
If so, that is exceedingly bullish.

No. We have been range trading for a long time now. These are just people who believe we are back at the top of the trading range. And 180 BTC goes down in an instant if there is a real rally or buying pressure. There just is no pressure right now. I have sold in and out of 300-400 BTC on Bitfinex on several occasions and my "wall" never stopped or started a rally. Although it did one time result in a sell off that quickly shot back quicker than before - the only time I got burnt by the bitcoin - a dark day. Smiley
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January 27, 2014, 06:18:32 AM
 #80004

wall means different things to different people, because we have different histories.  you've been around longer, and back in the day, walls were bigger.
i've hardly ever seen the market direction change as a result of a wall.  far more typically they are eaten or moved or vanish.  and they've been smaller than the walls of your experience, on average.
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January 27, 2014, 06:33:27 AM
 #80005

I still have this impression that a wall is at least 10,000btc. Lol
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January 27, 2014, 06:34:50 AM
 #80006

I still have this impression that a wall is at least 10,000btc. Lol

That's not a wall. That's a pizza.
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January 27, 2014, 06:37:53 AM
 #80007

Why are all non-mtgox markets lagging so much behind?
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January 27, 2014, 06:39:26 AM
 #80008




Last call to board the train, Last call
This is the funniest thing Ive ever seen. sums up the whole forum if not for all the bears.

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January 27, 2014, 06:42:05 AM
 #80009

Why are all non-mtgox markets lagging so much behind?
do you know the deal about withdraws from mtgox? its hard to get cash out and easy to get BTC out, so there is net buying of BTC. its hard to get around the loop to profit from the differential because of withdraws.
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January 27, 2014, 06:46:06 AM
 #80010

Why are all non-mtgox markets lagging so much behind?
do you know the deal about withdraws from mtgox? its hard to get cash out and easy to get BTC out, so there is net buying of BTC. its hard to get around the loop to profit from the differential because of withdraws.
If it were easy to move funds to arbitrage the price difference between exchanges, there wouldn't be a price difference in the first place.
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January 27, 2014, 07:01:20 AM
 #80011

A better question would be why Huobi is higher than bearstamp (well that's kind of self explainatory) and btc-e

Chinese think that their own risk on Jan 31st is lower than what everyone else thinks?!?
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January 27, 2014, 07:02:31 AM
 #80012


Explanation
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January 27, 2014, 07:15:24 AM
 #80013

Watching the charts is like watching the waves on the beach, waiting for the one that will flood that castle up on the hill. 

Or the one that will recede far enough to empty the ocean.
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January 27, 2014, 07:24:41 AM
 #80014

Bitstamp not really quick in processing withdrawals too, it's like half an hour and it still says "waiting to be processed"
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January 27, 2014, 07:24:55 AM
 #80015

Good morning people. From what I see there wasn't so much CCMF while I was away. Good. I think I didn't miss the opportunity then...  Grin
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January 27, 2014, 08:02:30 AM
 #80016


Explanation
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January 27, 2014, 08:19:44 AM
 #80017

There is a high probability that Gox will be rescued, bought out or bailed out the way smaller exchanges were rescued in the past, but what is clear now is that Mark is running it into the ground.  it still claims to be the world's largest exchage on it's home page, for Chrissakes.  This is obviously, undeniably, verifiably false and does great harm to their credibility.

I think that even if Mark stepped down and allowed a qualified CEO run Gox it would have give a significant confidence boost to Gox customers. Whilst he remains in the driving the seat, it's not going to improve.

I only used Gox once (during May 13) when BTCE temporarily stopped taking OKpay deposits. I deposited via Okpay and managed to withdraw my BTC within minutes.
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January 27, 2014, 08:20:19 AM
 #80018

lots and lots about BTC on bbc one news this morning - seems very positive indeed!!

CCMF.
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January 27, 2014, 08:20:49 AM
 #80019

Thanks for the tip about BFX being on bitcoinwisdom.  I have never hit the markets tab before.
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January 27, 2014, 08:23:23 AM
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Some troll just got a raging choo choo on his own.
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