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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 26964638 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.)
inca
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July 17, 2016, 11:06:40 AM

Longs pretty high at 41M on finex. Shorts extremely high at 23k. Market floating for a giant move. Toss a coin. Hope you are all hedged appropriately after the recent huge gains.

I personally think we have a few months for the market to get acclimatised to this new price point before we charge much higher. But hey this is bitcoin so it could be ATH next week.

 Grin

EDIT: it is worth pointing out that the trolls talking down bitcoin on here are themselves long otherwise they would have left long ago..
Searing
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Clueless!


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July 17, 2016, 11:42:04 AM

The Chinese government are censoring my monies, potentially, somehow...




The problem is easily solved with the properly made and designed aluminum foil hat. They hack your brainwaves don't ya know Smiley

Karpeles
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July 17, 2016, 12:29:49 PM

We are going to the moon.

$665 yesterday, $668 today.

Hold tight, prepare to the moon, prepare your rockets
AlexGR
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July 17, 2016, 12:55:47 PM

Smallblocker shitstains are still stalling I see. SegWit was supposed to come out in April, but the stream got blocked and now almost every block is 0.99 MB. How the hell is Bitcoin going to handle a new ATH at 7 TPS?

You were saying it won't be able to handle prices going over 300, over 450, etc. Now your problem is price handling a new ATH? Cheesy

"Billy-blow-up-my-shorts-got-REKT-by-the-market-blowing-up-his-shorts" Tongue
Elwar
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July 17, 2016, 01:05:49 PM

Longs pretty high at 41M on finex. Shorts extremely high at 23k. Market floating for a giant move. Toss a coin. Hope you are all hedged appropriately after the recent huge gains.

I personally think we have a few months for the market to get acclimatised to this new price point before we charge much higher. But hey this is bitcoin so it could be ATH next week.

 Grin

EDIT: it is worth pointing out that the trolls talking down bitcoin on here are themselves long otherwise they would have left long ago..

BlindMayorBitcorn
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July 17, 2016, 01:25:16 PM


The Chinese government are censoring my monies, potentially, somehow...

Oh god.  Are we going to be subjected to the same point in an excruciatingly elongated manner over and over again once more?

Probably. Smiley
DARKHOLDER
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July 17, 2016, 01:31:13 PM

It depends how you classify low volume. I can see two big bars on the Bitfinex 24 hour chart, and each of them is above 1000 Bitcoins and mostly buying.
Is buying possible without selling?

No but if the ask side gets eaten into it's considered buying and selling if the bid side gets eaten into.

Ah, gotcha. How does one tell if the ask side got eaten into by looking at the volume bars?

Check the 1.5k volume bar on this chart. You can see the price going up in almost a straight line during that trading period. I assume that means the ask side got eaten into. If the price had gone down in almost a straight line I would assume the opposite.


confirmed... it will go to 800$ Wink
Dotto
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July 17, 2016, 01:31:35 PM

200x margin short this to 666.

Profit.

Fart
yefi
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July 17, 2016, 01:37:26 PM

Check past volumes. They are particularly low recently.

Not particularly. As has been mentioned, markets are waiting for the breakout - either up or down. Volume is more or less where it should be.
savetherainforest
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July 17, 2016, 01:42:12 PM


Well... if you will see dollar 666! is very on the edge! ... Meaning the weekly closing day is 18 July 2016 .. at 00:00 .. meaning that it will remain in history that number on charts if it pumps after, starting from 00:01+!

You will see massive pumps after midnight! Because that is their goal... to make BTCitcoin a religious thing and symbol...

It is their only card left to play! ... The only solution left in their powers! .. That being to turn the religious fanatic population against bitcoin in the long run!
yefi
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July 17, 2016, 01:43:00 PM

just pump already so I can dump my coins and go away.

Oh oh, 100 Satoshi dump incoming. Brace yourselves everybody!  Shocked
ProfessionalBitsurgeon
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July 17, 2016, 03:33:32 PM

Volume is more or less where it should be.
   
$47,839,000. Depressing, but pretty much as expected.
podyx
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July 17, 2016, 04:19:18 PM

I can't believe this fuckin shit. I was about to put in a 20x long position at that drop when we dropped to 655 on stamp.

If we go don't go below there ever again...

May have to do with the 3x on finex
Andre#
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July 17, 2016, 04:25:51 PM

Check past volumes. They are particularly low recently.

Not particularly. As has been mentioned, markets are waiting for the breakout - either up or down. Volume is more or less where it should be.

Seems to be up!  Cheesy
Tzupy
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July 17, 2016, 04:26:59 PM

I can't believe this fuckin shit. I was about to put in a 20x long position at that drop when we dropped to 655 on stamp.

If we go don't go below there ever again...

May have to do with the 3x on finex

Well, I panic bought with 3x at 675$... Let's see how this goes, but IMO could reach 1200$, in 3 - 4 weeks.
ask
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July 17, 2016, 04:32:02 PM

I can't believe this fuckin shit. I was about to put in a 20x long position at that drop when we dropped to 655 on stamp.

If we go don't go below there ever again...

May have to do with the 3x on finex

Well, I panic bought with 3x at 675$... Let's see how this goes, but IMO could reach 1200$, in 3 - 4 weeks.

Bad idea... Roll Eyes
ImI
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July 17, 2016, 04:33:25 PM

I can't believe this fuckin shit. I was about to put in a 20x long position at that drop when we dropped to 655 on stamp.

If we go don't go below there ever again...

May have to do with the 3x on finex

"You simply don't trade with the Bitcoins."
nioc
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July 17, 2016, 04:40:48 PM

I can't believe this fuckin shit. I was about to put in a 20x long position at that drop when we dropped to 655 on stamp.

If we go don't go below there ever again...

May have to do with the 3x on finex

Well, I panic bought with 3x at 675$... Let's see how this goes, but IMO could reach 1200$, in 3 - 4 weeks.

LOOK! you are no longer under water little bear!
SnokkomBTC
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July 17, 2016, 04:45:16 PM

So... when china wakes up moon Huh
hatshepsut93
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July 17, 2016, 05:06:19 PM

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