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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 26382446 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.)
ChartBuddy
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August 13, 2015, 07:24:56 AM

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okthen
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August 13, 2015, 07:56:33 AM

been really busy trading ether, but now that that's about to crash to shit, i'd like to take a moment to say
CHEAP COINZ!!!!!!!


Is that you?
lol
ya thats me after a long days work  Tongue

i love red wine. dry red wine.

You're not a penguin?
I'm disappointed now.
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August 13, 2015, 08:20:02 AM

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August 13, 2015, 09:14:59 AM

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August 13, 2015, 10:09:56 AM

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Terwa
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August 13, 2015, 10:26:28 AM

Voted, too easy this month
Quote
Question:   in August, price will hit a high of
>700   - 36 (15%)
600   - 2 (0.8%)
500   - 10 (4.2%)
450   - 12 (5%)
400   - 18 (7.5%)
350   - 70 (29.2%)
<300   - 92 (38.3%)
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August 13, 2015, 11:04:57 AM

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Paashaas
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August 13, 2015, 11:11:37 AM

Breaking news;

Dutch supermarket bomber demands bitcoin ransoms....

LoL? so they prefer Bitcoin over Fiat? Clearly BTC is getting more mainstream.

http://www.coindesk.com/dutch-supermarket-bomber-demands-bitcoin-ransoms/
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August 13, 2015, 11:11:54 AM

So do I get to post anything without it being deleted?
dreamspark
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August 13, 2015, 11:16:39 AM

So do I get to post anything without it being deleted?

It's Adams thread as you just said so yourself, clearly he agrees that we shouldn't be talking about alt coins in here and so deleted his posts about them and yours as well.
fonsie
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August 13, 2015, 11:16:55 AM

Breaking news;

Dutch supermarket bomber demands bitcoin ransoms....

LoL? so they prefer Bitcoin over Fiat? Clearly BTC is getting more mainstream.

http://www.coindesk.com/dutch-supermarket-bomber-demands-bitcoin-ransoms/

But they should put a ban on birthday cards, these are being used by criminals.
spiderbrain
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August 13, 2015, 11:18:21 AM

So do I get to post anything without it being deleted?

It's Adams thread as you just said so yourself, clearly he agrees that we shouldn't be talking about alt coins in here and so deleted his posts about them and yours as well.
Hmm, OK, I can go with that. Damn those pretender coins and those that mention them!
Natalia_AnatolioPAMM
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August 13, 2015, 11:38:37 AM

So do I get to post anything without it being deleted?

It's Adams thread as you just said so yourself, clearly he agrees that we shouldn't be talking about alt coins in here and so deleted his posts about them and yours as well.
Hmm, OK, I can go with that. Damn those pretender coins and those that mention them!

ahahah amen! had some trouble of the kind as well
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August 13, 2015, 11:47:43 AM

On an unrelated note. Could eth trading be causing the weird BTC movements we're seeing?
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August 13, 2015, 12:00:00 PM

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August 13, 2015, 12:54:57 PM

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August 13, 2015, 01:50:00 PM

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inca
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August 13, 2015, 01:57:08 PM

One 5k market buy and we nearly hit 300.

I think we slowly lurch upwards.
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August 13, 2015, 02:45:02 PM

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bassclef
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August 13, 2015, 02:46:52 PM

Everyone was expecting a crash into the $250s, including me.  The longer it takes to get there (IF it ever gets there), the more resistance will grow. The whales swim a little closer to the surface. We are one day closer to the halving than yesterday.

Yes, there is way too much long leverage, but whoever attempts a margin squeeze of the bulls risks losing all of their coins and then some.  My positions are either long or margin long now.  

The goal of accumulation (if you're a professional investor type) is to spread out your buying so you average your holdings near the middle of the range. It depends on how early or late you enter the market (the guys buying the selling climax get the best price and quantity but take on more risk). There are likely multiple syndicates and other professional groups among us, we just don't see them and they are quietly supporting the price and sucking up supply, giving us higher lows and increasingly strong rallies. When they begin strategically deploying their resources (and those bid walls) to advertise Bitcoin to the greater investing community, watch out. Until then they are happy to provide generous support near their average buy price, my guess $200-$250.

The margin longs don't bother me too much, as most of them seem well capitalized and won't budge save for a super mega crash, which has a very low likelihood of happening. Many of them are owned by great traders as you'll generally see a few million of the longs decrease instead of increase during big rallies. This is profitable behavior. Contrast this to shorts who tend to pile on during every little dip and get burned having to cover at higher prices--very unprofitable, reactionary and amateur. It's easy to see who the strong hands are in this case.
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