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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 26377712 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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October 16, 2015, 08:03:01 PM

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natewelt
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October 16, 2015, 08:03:52 PM

any reason for the current pump??


Why is every rise a pump and every drop a dump? SMH
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October 16, 2015, 08:06:12 PM

any reason for the current pump??



us marshals need money .
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October 16, 2015, 08:06:56 PM
Last edit: October 16, 2015, 08:20:29 PM by STT

Bitcoin is dominated by speculators and not underlined by enough genuine commerce could be one criticism.  Is that trend increasing or declining would be interesting to observe though, surely we have less speculators post gox then prior

10 mill views on this thread is kinda impressive  Shocked
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October 16, 2015, 08:08:44 PM

Why is every rise a pump and every drop a dump? SMH

'Really really fast organic growth that comes out of nowhere and is likely to be followed by super strong price correction' takes longer to type?
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October 16, 2015, 08:22:08 PM

Organic growth would not fall so quick, a forest does not rise and fell in one day or even a week even if forced.   Thats the problem that bitcoin is new and mostly a velocity driven economy so maybe it is all dump and pump in majority

My rough take on the poll question is that there is a range from 220 to 290 in recent history at least with 278 being a previous sharp low.  (previous lows tend to mark future highs if breached)  Its more normal to stay within a range till volume or some element of demand forces a new paradigm
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October 16, 2015, 09:00:51 PM

nooooo
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October 16, 2015, 09:02:52 PM

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October 16, 2015, 09:11:46 PM

You and all the rest of the bulls.
Can't keep a pump going without any money.
And yet, this pump.
USMS has money...                                                 Beginning to see the light?

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October 16, 2015, 09:15:27 PM

Pump like a chief ...

EURO
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October 16, 2015, 09:20:06 PM

Bitcoin is dominated by speculators and not underlined by enough genuine commerce could be one criticism.  Is that trend increasing or declining would be interesting to observe though, surely we have less speculators post gox then prior

10 mill views on this thread is kinda impressive  Shocked

And yet it is the most incredible piece of 13k pages of pure useless, uninformative, double-cross, hidden agenda gibberish I've ever followed. Though I have to confess twice I made my strategy against the thread's sentiment at given time. Both times it was a good lucrative decision. So it is useful in a sense that, if you do exactly the opposite of what the current sentiment is, it pays off.

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October 16, 2015, 09:35:55 PM

And yet it is the most incredible piece of 13k pages of pure useless, uninformative, double-cross, hidden agenda gibberish I've ever followed.
http://catchquotes.com/wp-content/uploads/2014/11/18-Clueless-quotes.gif
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October 16, 2015, 09:37:39 PM
Last edit: October 16, 2015, 09:54:08 PM by Fatman3001

It would be nice if it could stay above $260. I don't really need those retracements.

Anyhew, party party...



@dunchy

What do you mean "pure useless, uninformative, double-cross, hidden agenda gibberish"?

Maybe we're communicating on a higher level than you can fathom. I'm not saying it's likely, but it's a possibility you should consider.
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October 16, 2015, 09:39:00 PM

Why is every rise a pump and every drop a dump? SMH

'Really really fast organic growth that comes out of nowhere and is likely to be followed by super strong price correction' takes longer to type?

So there's no difference between a speculative overshoot and an instance of planned price manipulation?
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October 16, 2015, 10:01:44 PM

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October 16, 2015, 10:02:44 PM

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October 16, 2015, 10:09:50 PM

Appears to be a lot of short covering going on at the moment on bitfinex.
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October 16, 2015, 10:20:10 PM

au contraire. closed half mil of longs on some clueless bastards.
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October 16, 2015, 10:31:26 PM

Why is every rise a pump and every drop a dump? SMH

'Really really fast organic growth that comes out of nowhere and is likely to be followed by super strong price correction' takes longer to type?

So there's no difference between a speculative overshoot and an instance of planned price manipulation?

A 'speculative overshoot' is the desired outcome of a 'pump,' which is a form of 'planned price manipulation.'
I'm not a mind reader, so can't differentiate between 'planned' & spontaneous mass hysteria/avalanche effect. From my perspective, the distinction is purely academic.
Is that what you were asking?
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October 16, 2015, 10:33:59 PM
Last edit: October 17, 2015, 02:00:48 AM by billyjoeallen

green candles seven out of the last eight days.
green candles seven out of the last eight weeks.
Upward momentum or overbought?
Time will tell.

One thing's for sure: I'm making a heluva lot more profit lending out my new fiat than my old BTC.  

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