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Question: How far will this leg take us?
$110K - 9 (8.3%)
$120K - 19 (17.6%)
$130K - 17 (15.7%)
$140K - 9 (8.3%)
$150K - 19 (17.6%)
$160K - 2 (1.9%)
$170K+ - 33 (30.6%)
Total Voters: 108

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26836769 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 1 users with 9 merit deleted.)
ssmc2
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October 30, 2015, 04:21:10 PM

Shorts will be slaughtered. There is natural organic demand for bitcoins. Bitcoin price appreciation is unstoppable!

Gentlemen!
Richy_T
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October 30, 2015, 04:21:42 PM


I've seen many apologists for those ghost cities and people trying to rationalize it as a good thing or "not all that bad really" but the truth is, all that misallocation of resources is a definite sign of an economy that is not especially healthy.
peonminer
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October 30, 2015, 04:29:59 PM


chennan
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October 30, 2015, 04:33:13 PM

Shorts will be slaughtered. There is natural organic demand for bitcoins. Bitcoin price appreciation is unstoppable!

Dammit, I thought you were gone. I hate that friggin bug crawling around my screen.

I couldn't wait any longer, I just bought back in for every extra dime I had. I guess this is for real now. The rocket is on the launchpad.

When did you short?  Did you buy back in at $320? Honestly, I think you are going to really like your decision, but I would highly suggest not shorting again because the profit you made from that short probably bought you back in with the same amount of bitcoins, maybe even less.
Richy_T
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October 30, 2015, 04:33:15 PM
Last edit: October 30, 2015, 04:44:57 PM by Richy_T

Maybe you could start your own Blockchain-project to [...] help sort out that voting machine worries you've had.

That would be cool to see. I am not sure that the blockchain solves the problems that Jorge has raised (and I mostly agree with) though.
JorgeStolfi
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October 30, 2015, 04:54:12 PM

A curious observation by a redditor:

https://np.reddit.com/r/Bitcoin/comments/3qupwd/what_is_this_huobi_volumes_go_dead_when_okcoin/

Quote
What is this? Huobi volumes go dead when OKCoin goes offline

Huobi's volumes just freaking collapsed right when OKCoin went offline and their washing volume came right back when OKCoin resumed trading. Look at this chart of OKCoin and Huobi a couple hours ago when OKCoin went down. There's no way China is 90% of bitcoin trading.

Can anyone explain this?

Could Huobi's volume drop be just natural reaction to that drop in price?

There must be efficient arbitrage between the two exchanges, possibly run by the exchanges themselves (who have the most up-to-date view of the order books).  Usually their prices match to within 1-2 yuan, but during this rally Huobi seemed to be leading by a good margin, so arbitrage was probably running at full capacity.  Could that explain the volume drop when OKCoin went offline?

ChartBuddy
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October 30, 2015, 05:01:47 PM

Coin

Explanation
QuestionAuthority
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October 30, 2015, 05:06:01 PM

Shorts will be slaughtered. There is natural organic demand for bitcoins. Bitcoin price appreciation is unstoppable!

Dammit, I thought you were gone. I hate that friggin bug crawling around my screen.

I couldn't wait any longer, I just bought back in for every extra dime I had. I guess this is for real now. The rocket is on the launchpad.

When did you short?  Did you buy back in at $320? Honestly, I think you are going to really like your decision, but I would highly suggest not shorting again because the profit you made from that short probably bought you back in with the same amount of bitcoins, maybe even less.

Yeah, you're right but hindsight is 20/20.
brg444
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October 30, 2015, 05:08:35 PM

hopefully day closes above 2200 cause I don't like the current shooting star setup on the daily.

If China wakes up with the same ammo as they did last night expect a lot of bear-in-shorts blood shed  Cool
abercrombie
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October 30, 2015, 05:11:31 PM

are we rich yet??   Huh

peonminer
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October 30, 2015, 05:15:35 PM

China is putting up a huge fight
coinpr0n
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October 30, 2015, 05:15:59 PM

hopefully day closes above 2200 cause I don't like the current shooting star setup on the daily.

If China wakes up with the same ammo as they did last night expect a lot of bear-in-shorts blood shed  Cool

Wake up? It's the weekend ... I'm hoping the drunken traders pull an all-nighter! Wink
lemmyK
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October 30, 2015, 05:18:28 PM

Just now on huobi in one second from 2164 to 2210 .. Shocked Shocked Smiley Wink
Denker
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October 30, 2015, 05:23:47 PM

Huobi almost 350 again. China is on fire!Hot like hell! Grin
betterangels
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October 30, 2015, 05:24:12 PM

i'm waiting 2300 @huobi
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October 30, 2015, 05:25:06 PM

How I feel when I look at the charts

betterangels
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October 30, 2015, 05:26:28 PM

gentlemen?
Chalkbot
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October 30, 2015, 05:28:44 PM

Sup guys. Consolidate or rocket this weekend?
peonminer
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October 30, 2015, 05:30:15 PM

Sup guys. Consolidate or rocket this weekend?
Edge of your seat entertainment which ever direction

China going batshit insane right about now, late, tired, RSI looking weaker by the moment
ssmc2
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October 30, 2015, 05:40:21 PM

WHYUNOBUYSTUPIDROUNDEYE?Huh
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