Tzupy
Legendary
Activity: 2352
Merit: 1104
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March 05, 2015, 09:43:24 PM |
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This didn't start on mainland China exchanges, but on Bitfinex.
15 min MACD was positive for a while, 1h MACD divergence turned green, someone pump bought 2k BTC.
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NotLambchop
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March 05, 2015, 09:43:35 PM |
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Fuck me! More organic growth!!   |
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HalFinneysBrain
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March 05, 2015, 09:44:00 PM |
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Is there any confirmation to auction being 30% above market? Who started the rumor? Don't tell me it was AdamstgBit.
Why would anyone bid that high above market? You could buy 50k across several exchanges without driving it up 30%. This is utterly wrong and you should know it. How would you do that exactly? 50K would move the price above $350 no matter how many exchanges were involved. Space 50k out over a week, over okcoin, huobi and bitfinex? It would rise a lot, but probably not 30%. Plus, you would get some coins near the current price before you drove it up that much. |
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uhoh
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March 05, 2015, 09:44:26 PM |
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hdbuck
Legendary
Activity: 1260
Merit: 1002
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March 05, 2015, 09:44:47 PM |
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lol and this a quote from the linked article: "The legal landscape is still vague in China, just like in any other jurisdiction."  edit: a relol: charlieshrem post deleted.. XD |
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bassclef
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March 05, 2015, 09:44:52 PM |
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Auction price must have been higher than market.
Glad I added to my long at @$265.
Nice! I got in @ $270. Couldn't resist taking advantage of the pre-pump shakeout. And at $266, well, never thought I'd ever get that price again! Auction price must have been higher than market.
Glad I added to my long at @$265.
Not the time to sell though, the night is young ! Target $350, but we'll see how we do once in the 300s...  |
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macsga
Legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
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March 05, 2015, 09:45:11 PM |
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Fuck me! More organic growth!! Wanna make up Lambie?  |
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molecular
Donator
Legendary
Activity: 2800
Merit: 1023
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March 05, 2015, 09:47:24 PM |
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I don't think it's likely, but if this has enough inertia to propel us beyond $320, there's more to come...
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DaRude
Legendary
Activity: 3314
Merit: 2187
In order to dump coins one must have coins
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March 05, 2015, 09:48:14 PM |
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Dump3er
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March 05, 2015, 09:51:10 PM |
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Love this Suckers Rally. Maniac till mid 300's will be amazing. Depression after suckers rally has ended even more amazing.
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chopstick
Legendary
Activity: 992
Merit: 1000
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March 05, 2015, 09:52:01 PM |
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LOL why is the price rising?
More news?
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aztecminer
Legendary
Activity: 1092
Merit: 1000
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March 05, 2015, 09:52:34 PM |
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Auction price must have been higher than market.
Glad I added to my long at @$265.
Nice! I got in @ $270. not me...i'm not buying into this pump .. |
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Ezmoneyezlife
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March 05, 2015, 09:54:41 PM |
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1) Post a rumor (like OKCoins 20 bln$ hedge fund on november 12th)
2) quick buy 3-5k of BTC to provoke fools
3) look at the fools canceling shorts
4) wait until fools go full retard long on rumors and incoming next auction news
5) create a quick coordinated dump like previous one and retest "bottom" to force a final shake off (on next auction + some rumors news)
6) make a real reversal once stock markets starting to collapse (1-2 months)
They made same thing on the last auctions spreading rumors. Welcome to non-organic manipulated by its own Bilderberg BTC club "market".
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hyphymikey
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March 05, 2015, 09:54:57 PM |
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Someone is putting up ask walls to protect their shorts on finex.... Must be doing something right.
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kurious
Legendary
Activity: 2618
Merit: 1749
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March 05, 2015, 09:55:33 PM |
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This didn't start on mainland China exchanges, but on Bitfinex.
15 min MACD was positive for a while, 1h MACD divergence turned green, someone pump bought 2k BTC.
Yeah - I was watching Finex. East Coast USA money kicked it off (hunch). It's not manipulation, I think the correct term is demand. |
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JorgeStolfi
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March 05, 2015, 09:55:48 PM |
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... since a year ago. Nothing new. But buy the rumor! |
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Cconvert2G36
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March 05, 2015, 09:57:52 PM |
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Big finex wall at 286 pulled.
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molecular
Donator
Legendary
Activity: 2800
Merit: 1023
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March 05, 2015, 09:58:18 PM |
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Someone is putting up ask walls to protect their shorts on finex....
got cold feet |
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ChartBuddy
Legendary
Activity: 2898
Merit: 2496
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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March 05, 2015, 09:59:19 PM |
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bassclef
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March 05, 2015, 10:05:37 PM |
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I don't think it's likely, but if this has enough inertia to propel us beyond $320, there's more to come...
I agree. I'm trying to figure where we'll meet resistance areas... the last trading range from $300-$400 was low volume in comparison, and I imagine most who wanted to get out (capitulate) have already, hence the reason why we are at $280 today. If we pass $315, watch out. That would move us definitively out of this trading range ($200-$300) and into a strong bull move, partially propelled by the 20k who are still short. There will be no mercy for even well-capitalized shorts at those price levels as the hope to return sub $200 will fade into the distance. |
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