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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 26403860 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.)
KS
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June 18, 2013, 09:09:19 AM
 #17081

Which Chinese exchange are people looking at?

Every single one ;-)

You can see them all here: http://btckan.com/price

USD price is second from left.

The weekend drop was already pretty reluctant TBH.

That's an amazing link, 9 RMB exchanges! The Chinese are really getting excited about Bitcoin.


+1

BitPirate
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June 18, 2013, 09:15:27 AM
 #17082

Yes, still more in development too -- I've seen 3 or 4 others bubbling up. Quite competitive.

Bear in mind that they all use instant payment methods too -- no wire transfers....
KS
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June 18, 2013, 09:22:14 AM
 #17083

so buying selling btc with  for ltc now. time to buy sell ltc...

Grin
NewLiberty
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June 18, 2013, 09:34:51 AM
 #17084

Which Chinese exchange are people looking at?

Every single one ;-)

You can see them all here: http://btckan.com/price

USD price is second from left.

The weekend drop was already pretty reluctant TBH.

That's an amazing link, 9 RMB exchanges! The Chinese are really getting excited about Bitcoin.

The exchanges are growing, but the striking number that ought not be ignored is the futures volume.
It is approaching the volume of BTC-E.
Futures are where the price manipulation will be happening increasingly. 
https://796.com/reg/index/100231
rdsc
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June 18, 2013, 09:38:14 AM
 #17085

Yeah, thanks BitPirate thats a really hand site

+1

You can view in Google Tranlsate as well http://bit.ly/19MkEKk
rpietila
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June 18, 2013, 09:42:19 AM
 #17086

I actually sold some BTC during the last 3 days. We have a giant wedge, which well may break to the upside, but as well it can break to the downside, which means we will viciously crash to $50 in the final capitulation. It is easy to sell bitcoins, and there are no support levels after 88 and 79. Many latecomers are still sitting on gains. Even all of my net purchases ever are green (I never net purchased above $100 after all) and my finger is becoming itchy. I always tend to think that I represent a group of people, and that group is now on the sell side, no chance to buy as we are already all-in.

If we break to the upside, I will buy in at a loss with a predetermined schedule. I am not nearly as sure of the probability and timescale of my $300k prediction as before. However, IF crypto takes over fiat, there is still no realistic way to do it without Bitcoin reaching $300k. (Or I would still like to hear the reasoning  Grin )
Ivanhoe
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June 18, 2013, 09:46:08 AM
 #17087

I actually sold some BTC during the last 3 days. We have a giant wedge, which well may break to the upside, but as well it can break to the downside, which means we will viciously crash to $50 in the final capitulation. It is easy to sell bitcoins, and there are no support levels after 88 and 79. Many latecomers are still sitting on gains. Even all of my net purchases ever are green (I never net purchased above $100 after all) and my finger is becoming itchy. I always tend to think that I represent a group of people, and that group is now on the sell side, no chance to buy as we are already all-in.

If we break to the upside, I will buy in at a loss with a predetermined schedule. I am not nearly as sure of the probability and timescale of my $300k prediction as before. However, IF crypto takes over fiat, there is still no realistic way to do it without Bitcoin reaching $300k. (Or I would still like to hear the reasoning  Grin )
What's your target price there?
I just bought in again, don't see us breaking down to low numbers this week. Maybe later.
N12
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June 18, 2013, 09:56:15 AM
 #17088

Yes, still more in development too -- I've seen 3 or 4 others bubbling up. Quite competitive.

Bear in mind that they all use instant payment methods too -- no wire transfers....

Is one of those exchanges larger volume than btcnCNY? That's the only chinese one I see on bitcoincharts/bitcoinity.
lucas.sev
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June 18, 2013, 09:56:54 AM
 #17089


If we break to the upside, I will buy in at a loss with a predetermined schedule. I am not nearly as sure of the probability and timescale of my $300k prediction as before. However, IF crypto takes over fiat, there is still no realistic way to do it without Bitcoin reaching $300k. (Or I would still like to hear the reasoning  Grin )

Glad to hear your rehabilitation is progressing. Keep being strong.
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June 18, 2013, 09:58:37 AM
 #17090

Yes, still more in development too -- I've seen 3 or 4 others bubbling up. Quite competitive.

Bear in mind that they all use instant payment methods too -- no wire transfers....

Is one of those exchanges larger volume than btcnCNY? That's the only chinese one I see on bitcoincharts/bitcoinity.

Not yet.
ChartBuddy
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June 18, 2013, 10:00:46 AM
 #17091

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June 18, 2013, 10:02:18 AM
 #17092

Just broke through 105.  I have a feeling this rally is going to go on for several hours.
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June 18, 2013, 10:11:52 AM
 #17093

Just broke through 105.  I have a feeling this rally is going to go on for several hours.

we did not touch 105
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June 18, 2013, 10:13:03 AM
 #17094

Just broke through 105.  I have a feeling this rally is going to go on for several hours.

Current high is 104.89999
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June 18, 2013, 10:15:31 AM
 #17095

Just broke through 105.  I have a feeling this rally is going to go on for several hours.

yet there is still about 800 BTC to $ 105, but I hope that we are today or tomorrow sufficiently between 105-110
ft73
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June 18, 2013, 10:29:16 AM
 #17096

Just broke through 105.  I have a feeling this rally is going to go on for several hours.

yet there is still about 800 BTC to $ 105, but I hope that we are today or tomorrow sufficiently between 105-110

Yes, 110$ is ahead.
saveawedge
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June 18, 2013, 10:32:48 AM
 #17097

I can't see this price holding for long
Dalib
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June 18, 2013, 10:33:23 AM
 #17098

Just broke through 105.  I have a feeling this rally is going to go on for several hours.

yet there is still about 800 BTC to $ 105, but I hope that we are today or tomorrow sufficiently between 105-110

Yes, 110$ is ahead.

Hmm, but we need sell (or move) more than 5500 BTC above 109,50  Undecided
BitPirate
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June 18, 2013, 10:35:06 AM
 #17099

Only 10k to $110. Not exactly too difficult to achieve.
Jozzaboy
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June 18, 2013, 10:35:42 AM
 #17100

I actually sold some BTC during the last 3 days. We have a giant wedge, which well may break to the upside, but as well it can break to the downside, which means we will viciously crash to $50 in the final capitulation. It is easy to sell bitcoins, and there are no support levels after 88 and 79. Many latecomers are still sitting on gains. Even all of my net purchases ever are green (I never net purchased above $100 after all) and my finger is becoming itchy. I always tend to think that I represent a group of people, and that group is now on the sell side, no chance to buy as we are already all-in.

If we break to the upside, I will buy in at a loss with a predetermined schedule. I am not nearly as sure of the probability and timescale of my $300k prediction as before. However, IF crypto takes over fiat, there is still no realistic way to do it without Bitcoin reaching $300k. (Or I would still like to hear the reasoning  Grin )

Pray tell, what is your buy in price? If you are sitting on a million euros or so, i'm sure we can prop up the price. It's the greater good!
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