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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.8%)
7/28 - 11 (8.9%)
8/4 - 16 (12.9%)
8/11 - 8 (6.5%)
8/18 - 6 (4.8%)
8/25 - 8 (6.5%)
After August - 74 (59.7%)
Total Voters: 124

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26489579 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.)
ChartBuddy
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August 22, 2013, 06:02:43 PM
 #28081

The Bitcoin Catalog
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August 22, 2013, 06:19:50 PM
 #28082

Price remains sticky. It still does not want to go down.
The indicators are cooling down. I smell opportunity down the road.

Bitcoin is always a good opportunity on the long run  Grin
Richy_T
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August 22, 2013, 06:28:47 PM
 #28083

IMO the bull party is over. What can be seen in the charts is the topmost Elliot sub-wave...
Can someone please help me with an affliction?  Whenever I read the words 'Elliot wave' my head drops forward and before I know it I am snoring with my head on the desk having to be awoken by my colleagues!  Does anyone have a cure? Wink

It always brings a thin, croaky voice to my mind...

thoughtfan
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August 22, 2013, 06:31:25 PM
 #28084



Double whammy for gox: less than 50% of the market and equal to Bitstamp today Smiley
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August 22, 2013, 06:42:19 PM
 #28085




thoughts?
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August 22, 2013, 06:45:11 PM
 #28086

thoughts?

They should decentralize?
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August 22, 2013, 06:47:49 PM
 #28087

On whales and manipulation:

Quote from: @Carl Icahn
Spoke to Tim. Planning dinner in September. Tim believes in buyback and is doing one.
What will be discussed is magnitude. 8:34 PM - 22 Aug 2013

https://twitter.com/Carl_C_Icahn/status/370615097963450368

 Roll Eyes
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August 22, 2013, 06:49:24 PM
 #28088

thoughts?

They should decentralize?

this is just the beginning of major exchange issues
Once the deflation is in full force, we will see more outages. when selling starts in earnest, NASDAQ, NYSE, etc. servers wont be able to handle it.
it is like 100,000 people trying to escape out of a baseball or soccer stadium at once when only one gate is open...
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August 22, 2013, 06:52:17 PM
 #28089


thoughts?

NasGox
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August 22, 2013, 06:57:38 PM
 #28090

thoughts?

They should decentralize?

this is just the beginning of major exchange issues
Once the deflation is in full force, we will see more outages. when selling starts in earnest, NASDAQ, NYSE, etc. servers wont be able to handle it.
it is like 100,000 people trying to escape out of a baseball or soccer stadium at once when only one gate is open...


I wonder, the FED can just buy stocks that are being sold. The engines the exchanges use can handle the volume. I mean the FED is injecting a fair amount of that 85 billion a month into the stock markets. AT ALL COSTS they will not let people think the shit has hit the fan. The revolution will not be on television.   Cry

That said, I think the FIAT bubble is going to burst, but when? BTC has a "market cap" of 1+ Billion. The FED prints that amount every day by noon. It won't matter, if they try to create volatility there will probably be less to buy back if the currencies of the world are not doing well. Interesting experiment we got here.

And when some, even a small amount of that money goes into BTC, we will be talking valuations that are decoupled from current understanding. That is the best way to NOT put a value on things.
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yes


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August 22, 2013, 06:58:50 PM
 #28091


thoughts?

Typically Goxed...   Grin
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August 22, 2013, 07:02:48 PM
 #28092

Walsoraj
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August 22, 2013, 07:03:25 PM
 #28093

The NASDAQ halt reminds me of when Gox halted trading for a "cool down" period after the April crash.
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August 22, 2013, 07:09:18 PM
 #28094

The NASDAQ halt reminds me of when Gox halted trading for a "cool down" period after the April crash.

The Nasdaq was up almost 1% according to this list. And, no other stock markets are really down. What is up with the halt?

http://www.bloomberg.com/markets/stocks/world-indexes/
Patel
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August 22, 2013, 07:24:28 PM
 #28095

That shitty feeling when you buy alot of coins, and the price drops 5 bucks on Bitstamp >.<
Walsoraj
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August 22, 2013, 07:28:01 PM
 #28096

The NASDAQ halt reminds me of when Gox halted trading for a "cool down" period after the April crash.

The Nasdaq was up almost 1% according to this list. And, no other stock markets are really down. What is up with the halt?

http://www.bloomberg.com/markets/stocks/world-indexes/

my suspicion is the powers that be detected mass algo sells (intending to flash crash like never b4) and stopped it. Doubtful the crash will be attempted again today. Look forward to some unprecedented action tomorrow.
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August 22, 2013, 07:31:19 PM
 #28097

Does anyone have any reasonable speculation about how many bitcoins may have been secured by this 'whale' buyer(s) since the July turnaround?  It must be an immense amount.
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August 22, 2013, 07:32:45 PM
 #28098

Does anyone have any reasonable speculation about how many bitcoins may have been secured by this 'whale' buyer(s) since the July turnaround?  It must be an immense amount.

Reasonably there wasn't a single whale buyer.
MoreFun
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August 22, 2013, 07:35:53 PM
 #28099

That shitty feeling when you buy alot of coins, and the price drops 5 bucks on Bitstamp >.<

I don't want to play with your feelings but probably if 5 bucks drop will be max you can be very happy.

There was a lot of large buying today and yesterday at bitstamp.
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August 22, 2013, 07:38:36 PM
 #28100

yeah man I really failed hard today trading. shit feeling >.<
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