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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 26370705 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.)
el_rlee
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February 21, 2014, 05:28:31 AM
 #93301

Even they can purchase cheap bitcoin on Mt.Gox, how can they withdraw them?

www.bitcoinbuilder.com
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OldGeek
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February 21, 2014, 05:30:39 AM
 #93302

We have ignition over at MtSux.  The western exchanges are believers.
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February 21, 2014, 05:31:07 AM
 #93303

We have ignition over at MtSux.  The western exchanges are believers.

Bulltrap?  Grin
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February 21, 2014, 05:31:47 AM
 #93304

We have ignition over at MtSux.  The western exchanges are believers.

Bulltrap?  Grin

my guess, loading up on some coins before another round of dumping to hit the double digis.. why would manipulators stop now iwth this level of fud circulating
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February 21, 2014, 05:33:29 AM
 #93305

Woohoo, go gox! lol
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February 21, 2014, 05:35:32 AM
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Volume is at 121,000!  Grin
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February 21, 2014, 05:37:34 AM
 #93307

Nice jump. Shit, just wanted to go to bed.
Davyd05
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February 21, 2014, 05:38:12 AM
 #93308

Any news?

Insider getting ahead of the market?

I mean we can speculate those early moves where insider info but there isn't going to be a confirmation of this. However taking that in stride at what point do we consider this a breakout.. caused by insider info and the action of that insider.
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February 21, 2014, 05:38:51 AM
 #93309

So Gox is still leading the price. Can someone explain this to me. I realize most traders are pretty stupid, but THIS stupid.
mb300sd
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February 21, 2014, 05:40:11 AM
 #93310

So Gox is still leading the price. Can someone explain this to me. I realize most traders are pretty stupid, but THIS stupid.

bots
ShroomsKit
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February 21, 2014, 05:40:54 AM
 #93311

Any news?

Insider getting ahead of the market?

My guess some people on Gox making good money, maybe new funds that arrived, and the idiots on Stamp following them going omg buuuuuy omg sell!!
Mythul
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February 21, 2014, 05:41:07 AM
 #93312

EPIC bulltrap ?
ShroomsKit
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February 21, 2014, 05:41:38 AM
 #93313

So Gox is still leading the price. Can someone explain this to me. I realize most traders are pretty stupid, but THIS stupid.

bots

Yes so? There are humans controlling them.
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February 21, 2014, 05:43:26 AM
 #93314

EPIC bulltrap ?

or epic 3 month long bear trap.

 Cool
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February 21, 2014, 05:44:53 AM
 #93315

EPIC bulltrap ?

or epic 3 month long bear trap.

 Cool

First is still barely epic but I wouldn't mind both, specially second of course  Grin
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February 21, 2014, 05:52:06 AM
 #93316

So Gox is still leading the price. Can someone explain this to me. I realize most some traders are pretty stupid, but THIS stupid.

Fixed.

The bots, that are programmed by humans, reacted to the price at MtSux within minutes.  Why they are set to act when gox does is beyond me.

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February 21, 2014, 06:00:46 AM
 #93317

So Gox is still leading the price. Can someone explain this to me. I realize most some traders are pretty stupid, but THIS stupid.

Fixed.

The bots, that are programmed by humans, reacted to the price at MtSux within minutes.  Why they are set to act when gox does is beyond me.




Yes, there is quite a bit of speculating about what has been going on inside of Gox.... surely, the news bulletin lacked many specifics, and it seemed to have been written that way on purpose in order to facilitate panic.

Then Gox have there bots skimming or whatever it is that they are doing, and people are going to go along with it to sell, sell, sell.... but they do NOT know exactly when to buy, and the bots have the advantage b/c they can pump in a bunch of resources in order to change the direction of the prices from sell, sell , sell to buy, buy, buy...

Regular people are genuinely out gunned... and just guessing at best to try to predict a reasonable turning point.



EDIT:   It seems also that a lot of us are hoping for the day that BTC has a large enough market cap in order NOT to be manipulated... HOWEVER, that day is probably quite far into the future... Probably, BTC needs to move to a larger market cap of maybe 100 Billion... but even in the scheme of things, 100 Billion remains a pretty small market cap when it comes to the dynamics of manipulation of markets


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February 21, 2014, 06:02:19 AM
 #93318

Regular people are always left to guess the price, it's whales who are controlling it all the time. That's why I don't like trading BTC vs USD unless I have to like yesterday. I'm small fish there and left to mercy of big guys.

Better to do some alts where I'm able to have my own say.
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February 21, 2014, 06:02:59 AM
 #93319


Explanation
JayJuanGee
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February 21, 2014, 06:04:32 AM
 #93320

Regular people are always left to guess the price, it's whales who are controlling it all the time. That's why I don't like trading BTC vs USD unless I have to like yesterday. I'm small fish there and left to mercy of big guys.


Whales and Bots.... but YOU may be correct that Whales and bots are nearly the same thing.
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