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Question: Where will this rally top out?
Already topped <$7,000 - 20 (23.5%)
$7,000-$7,499 - 7 (8.2%)
$7,500-$7,999 - 8 (9.4%)
$8,000-$8,499 - 4 (4.7%)
$8,500-$8,999 - 6 (7.1%)
$9,000-$9,499 - 1 (1.2%)
$9,500-$9,999 - 1 (1.2%)
$10K+ - 38 (44.7%)
Total Voters: 85

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21588985 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. (144 posts by 34 users deleted.)
gkv9
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!!! RiSe aBovE ThE StoRm !!!


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March 17, 2015, 01:15:37 PM

I believe that real pump will start when we break 300


I have created charts that show that the resistance that needs to be broken and to become a support in order for a pump is $326 and not $300, it's only a barrier between the current price and expected resistance...
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March 17, 2015, 01:17:04 PM

Is it only me, or have we had extreme non-volatility the last ca 24 hours?
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March 17, 2015, 01:19:01 PM

Is it only me, or have we had extreme non-volatility the last ca 24 hours?


Non-volatility or we should call it as "Stability"?
While knowing there won't be any much movements in the markets, it feels great to not watch the charts all day long just for the sake of price.
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March 17, 2015, 01:19:37 PM


btw. next time you want to show a screenshot without your taskbar... you should just press f11 before taking the screenshot... haha

Or at least learn to crop photos.
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Strange, yet attractive.


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March 17, 2015, 01:35:10 PM

By TAKASHI MOCHIZUKI
March 16, 2015 9:32 p.m. ET
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http://www.wsj.com/articles/rakuten-starts-accepting-bitcoin-1426555942

Rakuten Starts Accepting Bitcoin

TOKYO—Japanese e-commerce giant Rakuten Inc. has started accepting bitcoin for purchases in the U.S., adding momentum to the rapid growth of cryptocurrencies as a form of payment.

Customers using the company’s virtual shopping mall in the U.S. site can already buy items using the Internet-based currency, a Rakuten spokesperson in Japan said Tuesday.

Rakuten executives have previously said the company’s Germany and Austria units will allow payment by bitcoin starting in the second quarter of this year.

Many major U.S. companies have already embraced bitcoin, but Rakuten is one of the first major Japanese companies to accept the virtual currency for payment.

While many Japanese companies agree that bitcoin is a convenient payment method for both customers and merchants because it significantly reduces handling fees, most of them are reluctant to adopt it due to concerns over possible fraud and authorities’ unclear stance on the regulation of bitcoin.

In Japan, Mt. Gox, once the world’s largest bitcoin exchange, collapsed last year and lost customers’ assets worth half a billion dollars, dealing a major blow to the currency’s public image.

Prime Minister Shinzo Abe’s Liberal Democratic Party, meanwhile, has decided that the government won’t regulate bitcoin and won’t assign any regulatory bodies to oversee the virtual currency ecosystem. While venture companies welcomed the news, executives at larger companies said the move made it difficult for them to start accepting bitcoin because they want a government agency as a watchdog. Otherwise they would face trouble should unfavorable incidents occur.

Rakuten has been open and passionate about bitcoin’s potential use, hosting several panel talks dedicated to the subject at a recent financial conference hosted by the company. It has also invested in Bitnet Technologies, a bitcoin startup based in San Francisco.

Rakuten’s biggest moneyspinner is its Japanese site, but that isn’t open to bitcoin yet. Rakuten’s chief executive Hiroshi Mikitani said last month he plans to roll out the bitcoin function to the Japanese market as well, although when it would do so is “a trade secret.”

adoption bad for bitcoin right? Smiley

This thing truly puzzles me. Whatever news we have they seem to have no effect to the price. It's just like someone (or many) want to keep things down. I can think a reason or two (for instance the auction coins are not all sold, AU,Victoria has about 24,500 too) but still... I mean it's a giant company! FGS, RAKUTEN!

After that I expect Google to announce integration and nothing happens. Sigh.  Undecided
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March 17, 2015, 01:50:26 PM

Yeah but everyone knows these companies just sell the coins straight away...
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March 17, 2015, 01:54:31 PM

Interesting day. Bitcoin sat in the 290's feeling like it is on the edge of a precipice in a sea of good news.

Bears afraid to short. Bulls afraid to surge through the last few thousand coins to 300.

Two months ago this would have meant a massive increase in shorting and a dispiriting waterfall lower.

Which way do we go!
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March 17, 2015, 01:54:55 PM

According to Cargo Cult TA we are going down in the near term starting now.

No Donkeys, no carrots.
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1PwXK9TpmmaaqaZz2eqcLkPU2C1Fcva39G


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March 17, 2015, 01:59:04 PM

Coin
Explanation
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March 17, 2015, 01:59:12 PM

Now would be an excellent time for a Loaded smiley.
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March 17, 2015, 01:59:49 PM

According to Cargo Cult TA we are going down in the near term starting now.

No Donkeys, no carrots.

I have my buy orders at $268, probably going 20x long with the profit I'm making around there too
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March 17, 2015, 02:14:38 PM



omg this is becoming mind numbing almost as good as watching microsoft installation blue bars and .dll files ..

we have at least about five or six more weeks of this sideways action everyone.. keep hanging in there we will get through it!
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March 17, 2015, 02:19:39 PM

michaelGedi
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"to be or not to be, that is the bitcoin"


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March 17, 2015, 02:23:35 PM

Price tried to break down at least 2 times over the last 24 hours or so. Really impressive that we're not experiencing any major corrections as of now. Looking promising so far!

This. Traders who took long positions on Bitfinex are bullish and they don't feel to close their position right now.

http://bitcoinist.net/bit-first-publicly-traded-bitcoin-fund/


correct me if I'm wrong but when the market opens for these investments funds, is there a mechanism to short available? I haven't done my homework on exactly how they work so feel free to link me elsewhere Smiley

so basically my point is, when bitcoin or products derived from bitcoins' value become available to more mainstream financial players, what's to stop them shorting the shit out of BTC?
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March 17, 2015, 02:28:37 PM

This is pretty dull
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March 17, 2015, 02:28:40 PM

https://bitcointalk.org/index.php?topic=992628.0

edit: what a touching story. Bitcoin saved the day Smiley
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March 17, 2015, 02:32:02 PM

I give to numerous charities & sponsor a child in Ghana.
Good to see people are helping him but I already help enough people.
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March 17, 2015, 02:32:48 PM

The current Bitcoin price is an give-away!!

The day's expected price:    1696.02

The day's exchance rate price: 290.00

Source: https://bitcointalk.org/index.php?topic=470453.0;all


Anybody that it not buying now, is asking for crying later.
michaelGedi
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March 17, 2015, 02:40:15 PM

This is pretty dull

Ok, who woke-up the dumpers?



testing or pre-empting a drop to 260ish, I'm excited  Shocked
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March 17, 2015, 02:41:47 PM

Not much follow through selling so far..

Hope you aren't getting bear trapped Smiley
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