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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 26364747 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.)
MingLee
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June 12, 2016, 01:57:07 AM

Fuck I should actually be getting in on this right now, but I'd have to set everything up and send the funds to buy, so I guess I'll just have to watch all this easy money slip away... FeelsBadMan.

Maybe I'll get around to buying in a bit, or wait till the next halving, but I won't let more opportunities like this slip away.
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DaRude
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In order to dump coins one must have coins


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June 12, 2016, 01:58:38 AM

$4.8MM in new longs on finex over last 24hrs  Cry that's the only thing that can stop us $35MM long squeeze
soullyG
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Decentralize everything


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June 12, 2016, 01:59:52 AM

Today a young bitcoin trader on 2C realizes that all daily charts are simply hourly charts condensed to a slow vibration, every movement on the chart is a fractal of something else previously on the chart, moves can be predicted days or weeks in advance using fractals, and we are trading with ourselves. Here's Tom with the weather.

/QFT #micdrop
orpington
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June 12, 2016, 02:00:03 AM

nice little pit stop at 666 then all clear!
MinermanNC
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June 12, 2016, 02:09:01 AM

nice little pit stop at 666 then all clear!
Will give everyone a little time to move funds around to start buying as it heads off to 1000.00  Cool
koryu
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June 12, 2016, 02:16:19 AM

great times again Smiley gratz gentlemen
MinermanNC
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June 12, 2016, 02:16:35 AM

For real though, BTC will have to do better than this to maintain the status quo at halving time..... which I think it will at this point, maybe 700-800 ish would work lol time is running short
JimboToronto
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June 12, 2016, 02:18:09 AM

Meanwhile, the CAD price is currently $792 according to Bitcoinaverage.

We're getting excruciatingly close to $800 per coin. That's more than I ever paid, even during the first dip from the ATH.

Holding firmly and accumulating during the dips are the best things I ever did.
MinermanNC
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June 12, 2016, 02:24:37 AM

Meanwhile, the CAD price is currently $792 according to Bitcoinaverage.

We're getting excruciatingly close to $800 per coin. That's more than I ever paid, even during the first dip from the ATH.

Holding firmly and buying the dips are the best things I ever did.
Nice, your definitely in the Black with btc,   Wink When we came off of the 1000+ days and eventually fell to 600's I felt" well I can live with this... all things considered.... now here we are again at that price 2.5 years later or so lol.... but btc takes a whole lot more of power to hash then it used to, in that regard
JimboToronto
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June 12, 2016, 02:37:59 AM

Here we go again. A new high for the year.
JimboToronto
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June 12, 2016, 02:41:44 AM

btc takes a whole lot more of power to hash then it used to

Ain't that the truth. I'm thinking of getting my first-gen BFL ASIC miner bronzed like a pair of baby shoes.
Paashaas
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June 12, 2016, 03:06:31 AM

Wow $619 per coin now Shocked i'm speechless, shocked, happy, exited!

Jos-T
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June 12, 2016, 03:07:40 AM

$4.8MM in new longs on finex over last 24hrs  Cry that's the only thing that can stop us $35MM long squeeze

Down to under $32MM again though, even though I can't imagine traders have ditched $3MM again in that short time with that volume.
These strange spikes seem to happen more often. Any idea what might be causing them?
Ibian
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June 12, 2016, 03:11:32 AM

$4.8MM in new longs on finex over last 24hrs  Cry that's the only thing that can stop us $35MM long squeeze

Down to under $32MM again though, even though I can't imagine traders have ditched $3MM again in that short time with that volume.
These strange spikes seem to happen more often. Any idea what might be causing them?
Supply and demand.
MinermanNC
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June 12, 2016, 03:14:42 AM

$4.8MM in new longs on finex over last 24hrs  Cry that's the only thing that can stop us $35MM long squeeze

Down to under $32MM again though, even though I can't imagine traders have ditched $3MM again in that short time with that volume.
These strange spikes seem to happen more often. Any idea what might be causing them?
Alts, lol... Possible some are ditching their altcoins to reinvest in btc in anticipation of the halving, (not wanting to risk missing out should btc soar) and most of us hope and believe btc will rise as we get closer to July... I mean, for example, why sit on a ton of Eth, when you feel btc will rise significantly...  Grin (Eth always drops as btc goes up...) so it seems.
Jos-T
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June 12, 2016, 03:17:29 AM

$4.8MM in new longs on finex over last 24hrs  Cry that's the only thing that can stop us $35MM long squeeze

Down to under $32MM again though, even though I can't imagine traders have ditched $3MM again in that short time with that volume.
These strange spikes seem to happen more often. Any idea what might be causing them?
Alts, lol... Possible some are ditching their altcoins to reinvest in btc in anticipation of the halving, (not wanting to risk missing out should btc soar) and most of us hope and believe btc will rise as we get closer to July... I mean, for example, why sit on a ton of Eth, when you feel btc will rise significantly...  Grin (Eth always drops as btc goes up...) so it seems.

I mean the spikes in longs (USD denominated) only on Bitfinex...
Often millions of dollars in longs get opened, without the volume in BTC/USD markets to support it. The only way I can see this happening is if the numbers point for all borrowed USD's across all markets.

Could that be the case?
MinermanNC
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June 12, 2016, 03:19:58 AM

$4.8MM in new longs on finex over last 24hrs  Cry that's the only thing that can stop us $35MM long squeeze

Down to under $32MM again though, even though I can't imagine traders have ditched $3MM again in that short time with that volume.
These strange spikes seem to happen more often. Any idea what might be causing them?
Alts, lol... Possible some are ditching their altcoins to reinvest in btc in anticipation of the halving, (not wanting to risk missing out should btc soar) and most of us hope and believe btc will rise as we get closer to July... I mean, for example, why sit on a ton of Eth, when you feel btc will rise significantly...  Grin (Eth always drops as btc goes up...) so it seems.

I mean the spikes in longs (USD denominated) only on Bitfinex...
Often millions of dollars in longs get opened, without the volume in BTC/USD markets to support it. The only way I can see this happening is if the numbers point for all borrowed USD's across all markets.

Could that be the case?
I see, that's a good point... it has been strange the last few weeks, but for the good!
PoolMinor
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June 12, 2016, 03:22:13 AM

Just a quick squeeze before the next hike.



WhatsBitcoin
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June 12, 2016, 03:38:37 AM

I find myself in the unenviable position of not having purchased enough of these so-called bit coins. Who knew?

I mean really!
MinermanNC
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June 12, 2016, 03:39:02 AM

btc takes a whole lot more of power to hash then it used to

Ain't that the truth. I'm thinking of getting my first-gen BFL ASIC miner bronzed like a pair of baby shoes.
LOL ya really, Ah yes good old BFL what was it a 5 gh/s Jalapeno  Grin

I had pre ordered 18 gh/s  (boards only with chips) from TerraHash....  if anyone remembers them? what a nightmare..... all for only $2,500 lol

Nice to reminisce at times like this lol
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