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

[aztecminer]

Amazing, Price going down, less shorts and same amount of longs...Explain that to me


Shorts

https://i.imgur.com/GfvP4SE.png


Longs

https://i.imgur.com/4giodaw.png


Compare it to my post before.

explanation: these graphs make sense if you remember what adam guerbuez said: "the roller coaster that makes the current roller coaster nothing" . if you can understand these great words of wisdom then these graphs are suddenly made clear. with just one tweet adam guerbuez gave me the new skill of the ability to read bitcoin graphs in much clear defined vision .

Care to explain more, I don't really get what you are trying to say... are you trying to say that it doesn't mater, you will still have an open long position even if the price is crashing because the future growth is going to be so amazing that there is nothing to see here and now ? 

you already know what the crash is the 'chinese panic' flash dumps. finally broke 260 and now 250 is the battlegrounds .

[drbrock]

HOLY S**T so I got up, went to work... and in the time I have been at work I have lost about £150. Thanx BULLshitters

[kodtycoon]

if huobi is out for the count.. could it be gox 2.0? as in could it have the same effect? its a pretty big exchange to go down.. :/

[derpinheimer]

Must be a funny dump when China wakes up.

What are you smoking? China dumped with the rest of them.

Not quite. Very little volume from all of them.

[DefendKebab]

Must be a funny dump when China wakes up.

What are you smoking? China dumped with the rest of them.

They're not done dumping, think sub 200 tomorrow afternoon.

[aztecminer]

When's the next wave down you think?

is more "chinese panic' flash dumps .

[YourMother]

[derpinheimer]

Must be a funny dump when China wakes up.

What are you smoking? China dumped with the rest of them.

Not quite. Very little volume from all of them.

Huobi alone dumped 3 times more than stamp, where the dumping started, so it seems they reacted.

...how did I know you would say this?

If Huobi generally does 10x the volume and only did 3x right now, theyre not really reacting.  

[aztecminer]

Must be a funny dump when China wakes up.

What are you smoking? China dumped with the rest of them.

They're not done dumping, think sub 200 tomorrow afternoon.

soon after the 'chinese panic' will be ... "bittards we ride!

[bassclef]

Both Okcoin and Huobi have suspiciously fake volume. I mean look at the tape, there's like one legit transaction in a sea of .025 transactions that buy and sell back to themselves.

[aztecminer]

in full boom the 'chinese panic' .

[samson]

Must be a funny dump when China wakes up.

What are you smoking? China dumped with the rest of them.

They're not done dumping, think sub 200 tomorrow afternoon.

It's 4am in China, most of them will be sleeping.

[JamesBrown]

Winklevoss twins: Bitcoin will explode beyond $1 trillion - Jan. 27, 2015 http://buff.ly/1uzbVly  @MattMEgan5 @winklevoss #bitcoin

Thats actually their last tweet.

[findftp]

Dump postponed. Already in.

[bassclef]

in full boom the 'chinese panic' .

You guys are hilarious. I hope you trolls are trading and not just some whale's puppet, because it'd be way more lucrative.

[YourMother]

Both Okcoin and Huobi have suspiciously fake volume. I mean look at the tape, there's like one legit transaction in a sea of .025 transactions that buy and sell back to themselves.

OKCoin is faking the volume since 1936 and that's the reason why i moved my coins from that piece of garbage website.

Example: They are buying 15 bitcoins like this 1+2+1.5+1... etc (consecutive buys) and then sell 15 BTC at once. Their bot repeats this action 24/7. I've seen days where they had 60-80k volume lol.

[macsga]

in full boom the 'chinese panic' .

You guys are hilarious. I hope you trolls are trading and not just some whale's puppet, because it'd be way more lucrative.

They're puppet(s).  

[derpinheimer]

Must be a funny dump when China wakes up.

What are you smoking? China dumped with the rest of them.

Not quite. Very little volume from all of them.

Huobi alone dumped 3 times more than stamp, where the dumping started, so it seems they reacted.

...how did I know you would say this?

If Huobi generally does 10x the volume and only did 3x right now, theyre not really reacting.  

That's because it looks like they went down in the middle of it.

No.. they went down when it was over, low volume period...

[bassclef]

in full boom the 'chinese panic' .

You guys are hilarious. I hope you trolls are trading and not just some whale's puppet, because it'd be way more lucrative.

They're puppet(s). 

I've nearly doubled my stash in the past few days by doing the complete opposite to what those idiots say, so keep on trollin' I guess.

[macsga]

I've nearly doubled my stash in the past few days by doing the complete opposite to what those idiots say, so keep on trollin' I guess.

This seems to work nicely for those who are willing to trade. I just have an enormous "ignore list" here.