Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[BTC Books]

2500 btc on 103

1964 bid is a well known fake wall, having appearing and disappearing often..

I'm going to posit that this wall originates with a Chinese trader.  It's a big date for them:  1964 was the year China exploded their first atomic weapon...

[1713535285]

1713535285

[el_rlee]

Don't over estimate the China-influence. Prices on btcchina.com have been constantly 10% higher than MtGox before the crash from 266. This is due the Chinese Yuan, which is not freely convertible into other currencies.
The difference is smaller now than it already was, plus the site is lagging worse than MtGox.

[Rampion]

That CCTV report is totally someone within the CCP who has a large position in BTC running a pump and dump. Taking anything that comes out of a totalitarian regime's propaganda ministry with anything less than a huge, huge grain of salt is a major mistake.

Yeah, let's be serious: its night in China, and we all know it takes time to move fiat to exchanges. Quite a lot of time. Enough said...

[adamstgBit]

That CCTV report is totally someone within the CCP who has a large position in BTC running a pump and dump. Taking anything that comes out of a totalitarian regime's propaganda ministry with anything less than a huge, huge grain of salt is a major mistake.

CCTV report ?

link

[SAQ]

I find it quite telling that we went from 95 yeasterday to 115 and the bears can barely get the price down to 111.

[wachtwoord]

"don't sell any BTC, just buy more with your spare cash, more when its cheaper and less when its more expensive"....

This. Do not speculate. No-one can predict short term price fluctuations. Everyone that claims he has that skill is either lying or mentally ill

[Rampion]

"don't sell any BTC, just buy more with your spare cash, more when its cheaper and less when its more expensive"....

This. Do not speculate. No-one can predict short term price fluctuations. Everyone that claims he has that skill is either lying or mentally ill

+1000

[DougTanner]

Prices on btcchina.com have been constantly 10% higher than MtGox before the crash from 266.

Same with the Canadian exchange, it has been 10-20% higher than Gox for the past 3-4 months. It's just easier for locals to move money into their local exchanges. But anyone can move BTC into Gox with ease and they're less likely to run off with the BTC (or accidentally lose it).

[adamstgBit]

That CCTV report is totally someone within the CCP who has a large position in BTC running a pump and dump. Taking anything that comes out of a totalitarian regime's propaganda ministry with anything less than a huge, huge grain of salt is a major mistake.

Yeah, let's be serious: its night in China, and we all know it takes time to move fiat to exchanges. Quite a lot of time. Enough said...

it took me 30 mins last time
this included getting my shoes on
from the time of deposit it took 7MINS! not even  enough time for me to get back home  

[fitty]

That CCTV report is totally someone within the CCP who has a large position in BTC running a pump and dump. Taking anything that comes out of a totalitarian regime's propaganda ministry with anything less than a huge, huge grain of salt is a major mistake.

Yeah, let's be serious: its night in China, and we all know it takes time to move fiat to exchanges. Quite a lot of time. Enough said...

If people are making up fake stories about "good news" that's a sign. It's the same when there are fake stories about "bad news". Someone is spreading it, and that person seems to be throwing some cash about the exchange too. Ask walls look a little too consolidated to think we're now in the pump phase. I'd take profits as it goes up.

[seleme]

Nobody has idea where it is going, just be careful guys. 4k dump and it's on 103. It went up with pretty low volume, it can change in minute.

[DougTanner]

That CCTV report is totally someone within the CCP who has a large position in BTC running a pump and dump. Taking anything that comes out of a totalitarian regime's propaganda ministry with anything less than a huge, huge grain of salt is a major mistake.

CCTV report ?

link

http://www.reddit.com/r/Bitcoin/comments/1do4kc/bubble_is_about_to_be_pumped_like_never_before/

[DougTanner]

Nobody has idea where it is going, just be careful guys. 4k dump and it's on 103. It went up with pretty low volume, it can change in minute.

You were saying?

[HerrDoktor]

Seems like we are already back to reality. 107 and falling 

[wiak2]

Nobody has idea where it is going, just be careful guys. 4k dump and it's on 103. It went up with pretty low volume, it can change in minute.

Very prescient of you, looks like we're headed there now.

[Jaroslaw]

under 100$ we go, reptelia in deep shit again.

[seleme]

Lot of people bought in 90s, you could expect they'll take a profit of 15 per coin in still very unstable market.

[el_rlee]

by the way - btcchina.com is not even reachable from within China without VPN or proxy.

Edit: just tried - it seams to work again

[jl2012]

by the way - btcchina.com is not even reachable from within China without VPN or proxy.

FUD? This is the first time I've ever heard this

[Cablez]

If you really want to throw a monkey wrench into my thinking about our current trend have the price break 150 again. That will cause all kinds of speculation shenanigans.