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Poll
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 26842560 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.)
Asrael999
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November 04, 2015, 04:39:00 PM

Six times the Army of Northern Virginia BTC assaulted the heights of Little Round Top 500.   Six times the 20th Maine 500 repelled them.
someone better tell the Chinese the price is lower than they think it is
marcus1986
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November 04, 2015, 04:40:21 PM

Where is correction? Huh

Well guess what? This is the correction of 2 bearish years. Smiley enjoy

BTC rises too fast. It should be correction Wink
Bicmac1973
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November 04, 2015, 04:41:07 PM

Nice fight with that triangle. Beer and popcorn is ready ...
Meuh6879
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November 04, 2015, 04:41:21 PM

Where is correction? Huh

Well guess what? This is the correction of 2 bearish years. Smiley enjoy

BTC rises too fast. It should be correction Wink

yolalanda
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November 04, 2015, 04:43:46 PM


Why not the original?

http://s15.postimg.org/uw7ocojtn/wileec.gif

As relevant today as it ever was Cool
adamstgBit
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November 04, 2015, 04:44:08 PM

how high is this thing expected to go?

32,000$ Bitches!
marcus1986
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November 04, 2015, 04:45:31 PM

how high is this thing expected to go?

32,000$ Bitches!

Lol Grin Are you serious?  Grin Why not 1000000$ for BTC?
TReano
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November 04, 2015, 04:47:07 PM

how high is this thing expected to go?

32,000$ Bitches!

Lol Grin Are you serious?  Grin Why not 1000000$ for BTC?

∞$ per Bitcoin is the real aim for most people here.
noobtrader
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November 04, 2015, 04:48:48 PM

how high is this thing expected to go?

32,000$ Bitches!

Lol Grin Are you serious?  Grin Why not 1000000$ for BTC?

∞$ per Bitcoin is the real aim for most people here.

that is not true... ∞$ is not possible.  1000,0000.000 is still possibility
yolalanda
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November 04, 2015, 04:49:14 PM

You're free! Fly, you fools!

http://media.giphy.com/media/9taT5LtXCt9RK/giphy.gif
Tzupy
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November 04, 2015, 04:52:22 PM

how high is this thing expected to go?

32,000$ Bitches!

Careful Adam, you may jinx it, and get instead 320$ tomorrow... Tongue
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November 04, 2015, 04:53:23 PM

ImI
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November 04, 2015, 04:53:51 PM


hey, yolanda please post that 280$ gif! will you?

Why not the original?



As relevant today as it ever was Cool


why not the original? take a wild guess.
DieJohnny
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November 04, 2015, 04:54:19 PM

FOMOs be like, please God just drop 10% so I don't hate myself forever
adamstgBit
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November 04, 2015, 04:55:57 PM

its time for a new poll...

inca
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November 04, 2015, 04:56:59 PM

This feels A LOT like 2012 year's end / 2013 first months pre-bubble, climbing through $8, $10, $12, $26, those times we 'only' had about 200000btc in the ask side of GOX

But this time we have ummmm, let me see: 8500 in Finex, and about 6000 coins left in Stamp, should be extrapolate the order of magnitude of the next bubble?  Grin



Visible order book being the important point Smiley
Also don't forget the 9k shorts that need to be bought back with increasing urgency the higher the price rises.

Hopefully you are right though and this is a prelude to madness and mania.

off topic: by the way you aren't voktar the qw player are you?
billyjoeallen
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November 04, 2015, 04:57:50 PM

If you could buy enough coins @ $250 to dump at $500, then you could not only double your money in one day, but you could trigger a long squeeze of all you yahoos leveraged up 20 to 1 and then double your coin take.

And if you could buy them at $25...

Problem is, there are other people who would want to do the same thing so you have to bid higher than them. Which means the only useful bid is one slightly below the actual price, just enough to make a profit.

And then anyone who wants actual coins will know this so they will bid higher than you. However, there's not much point bidding much higher than market unless you want a lot of coins without slippage.

So in all likelihood, coins will go for close to market price to someone looking to accumulate.



Yeah, but if you could manipulate the price lower the night before the auction, not only would you have no slippage, but you could get a substantial discount.  Buying slightly below an artificially low price covering your short and then you effectively get coins for free.  Not counting of course the risk that your manipulation fails. But in that event, you know the price is artificially high, so you could take your newly purchased coins and leverage them 20:1 short AFTER the auction and make a mint.

It is mathematically impossible for the graph to go straight up. Parabolic rises end violently.  I've been through enough of them to know.
ChartBuddy
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November 04, 2015, 05:01:21 PM

Coin

Explanation
inca
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November 04, 2015, 05:03:00 PM

If you could buy enough coins @ $250 to dump at $500, then you could not only double your money in one day, but you could trigger a long squeeze of all you yahoos leveraged up 20 to 1 and then double your coin take.

And if you could buy them at $25...

Problem is, there are other people who would want to do the same thing so you have to bid higher than them. Which means the only useful bid is one slightly below the actual price, just enough to make a profit.

And then anyone who wants actual coins will know this so they will bid higher than you. However, there's not much point bidding much higher than market unless you want a lot of coins without slippage.

So in all likelihood, coins will go for close to market price to someone looking to accumulate.



Yeah, but if you could manipulate the price lower the night before the auction, not only would you have no slippage, but you could get a substantial discount.  Buying slightly below an artificially low price covering your short and then you effectively get coins for free.  Not counting of course the risk that your manipulation fails. But in that event, you know the price is artificially high, so you could take your newly purchased coins and leverage them 20:1 short AFTER the auction and make a mint.

It is mathematically impossible for the graph to go straight up. Parabolic rises end violently.  I've been through enough of them to know.

Timing, timing, timing Billy. Unless you are imbued with luck or know the guy who drops the hammer to signal the top, the rest of us have no idea when these things start or finish. Just ask Masterluc..
billyjoeallen
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November 04, 2015, 05:03:28 PM

This feels A LOT like 2012 year's end / 2013 first months pre-bubble, climbing through $8, $10, $12, $26, those times we 'only' had about 200000btc in the ask side of GOX

But this time we have ummmm, let me see: 8500 in Finex, and about 6000 coins left in Stamp, should be extrapolate the order of magnitude of the next bubble?  Grin



Visible order book being the important point Smiley
Also don't forget the 9k shorts that need to be bought back with increasing urgency the higher the price rises.

Hopefully you are right though and this is a prelude to madness and mania.

off topic: by the way you aren't voktar the qw player are you?

and the 23 Million in USD leveraged longs? None of them are going to cover the rest of the way up?

at ~ $500/BTC, that's ~46,000 bull coins on margin.  only about 1/5th of them need to cover to completely cancel out the puts.
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