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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 26367806 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.)
inca
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January 08, 2015, 04:49:48 PM

To the folks talking about high number of shorts open: A high number of BTC swaps is a necessary condition to a big short squeeze, not a sufficient one. It needs reasons for panic buys to actually squeeze the shorts. Will there be one?


Here is the thing. Simply the existence of a vulnerable short position is reason alone. And it is all time high 25,600 open, not just high Smiley
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soullyG
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January 08, 2015, 04:54:43 PM

Trolls really aren't trying very hard lately are they....at least rack up a few hundred posts before posting crap in here, you might actually fool someone Tongue
NotLambchop
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January 08, 2015, 04:55:29 PM

To the folks talking about high number of shorts open: A high number of BTC swaps is a necessary condition to a big short squeeze, not a sufficient one. It needs reasons for panic buys to actually squeeze the shorts. Will there be one?


Here is the thing. Simply the existence of a vulnerable short position is reason alone. And it is all time high 25,600 open, not just high Smiley

You're not fooling anyone Angry

ChartBuddy
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January 08, 2015, 05:00:02 PM

Bitfinex

Explanation
riiiiising
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January 08, 2015, 05:02:09 PM

There's been all this awesome publicity lately about scams, criminals, broken exchanges and people losing fortunes... and price still isn't rising? I thought this was supposed to attract new users who want to "be their own bank"!  Cheesy Cheesy
phoenix1
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January 08, 2015, 05:03:55 PM

No wonder shorts are high as balls, shit looks like it's trying to break any possible sign of long term uptrend...

<possibly about to drop off cliff chart>




Hat tip  Cheesy  What a great gif and great response !!
inca
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January 08, 2015, 05:04:49 PM

To the folks talking about high number of shorts open: A high number of BTC swaps is a necessary condition to a big short squeeze, not a sufficient one. It needs reasons for panic buys to actually squeeze the shorts. Will there be one?


Here is the thing. Simply the existence of a vulnerable short position is reason alone. And it is all time high 25,600 open, not just high Smiley

You're not fooling anyone Angry

We'll see shortly.

With your >5000 posts in 9 months bashing bitcoin you can be fairly sure you have zero impact on the readership of this forum Lambchop, or is it FatherBob, or FreeBambi, or Warren Buffert! I keep losing track!
JorgeStolfi
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January 08, 2015, 05:07:50 PM

No wonder shorts are high as balls, shit looks like it's trying to break any possible sign of long term uptrend...

Even if it breaks that one, I bet that we can find two other points on the chart that will define a long term uptrend that still supports the price.  Wink
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January 08, 2015, 05:07:54 PM

The next hour is critical, I'm not joking. It could almost decide breaking resistance at 320$ or going down hard again.

Looks like the bullish scenario is favored short term. I'm expecting to test resistance at 303$ soon.
NotLambchop
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January 08, 2015, 05:08:18 PM

To the folks talking about high number of shorts open: A high number of BTC swaps is a necessary condition to a big short squeeze, not a sufficient one. It needs reasons for panic buys to actually squeeze the shorts. Will there be one?


Here is the thing. Simply the existence of a vulnerable short position is reason alone. And it is all time high 25,600 open, not just high Smiley

You're not fooling anyone Angry

We'll see shortly.

With your >5000 posts in 9 months bashing bitcoin you can be fairly sure you have zero impact on the readership of this forum Lambchop, or is it FatherBob, or FreeBambi, or Warren Buffert! I keep losing track!

I dunno.  Started posting here when the price was above $500.  Below $300 nao.  Coincidence, you say?
Hahahaha!

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January 08, 2015, 05:21:52 PM

preparing as we speak Smiley


TO DA MOOOOOOOOON Smiley


we love Bitcoin no matter what the exchange rate is !


EDIT: we all know exchange rate is 99% fake and manipulated Smiley
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January 08, 2015, 05:35:32 PM

LFC_Bitcoin
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January 08, 2015, 05:39:18 PM

500 USD by March/April.
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January 08, 2015, 05:43:29 PM

500 USD by March/April.
Yes.

March/April 2028. When the 10 dudes that are gonna hold all the worthless coins are gonna exchange it at that price back and forth between each other just for the lulz.
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January 08, 2015, 05:44:08 PM



nice picture ! take care of the passengers! we are going TO DA MOON guys!!!
Bitcoin_BOy$
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January 08, 2015, 05:50:58 PM



nice picture ! take care of the passengers! we are going TO DA MOON guys!!!

Sure but where we will go if bitstamp solve his problem .  Cheesy
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January 08, 2015, 05:52:38 PM

who cares for Bitstamp?HuhHuh  Shocked Shocked Shocked Shocked
SnokkomBTC
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January 08, 2015, 05:54:43 PM

who cares for Bitstamp?HuhHuh  Shocked Shocked Shocked Shocked
I do.
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January 08, 2015, 05:57:15 PM

Wow, Finex going bonkers!
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January 08, 2015, 05:58:13 PM

yes i understand, me also, but i mean no matter if we have been bitstamped or no, bitcoin will go to DA MOOOON Smiley
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