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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 26387259 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.)
kurious
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November 27, 2013, 01:51:32 PM
 #50761

Waves of money coming in - Fiatleaks showing nearly 7000 BTC per hour - way high, something is coming.

This is not bearish news!
DougTanner
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November 27, 2013, 01:52:18 PM
 #50762

Making another try at $1000.

maz
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November 27, 2013, 01:52:48 PM
 #50763

All in all, I wrote what I wrote with a humorous attitude - not an insulting one; I believe you got that... Wink

Of course Wink
silvermario
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November 27, 2013, 01:53:41 PM
 #50764

Their all valid points mate.



But this jet is running out of fuel, the markets propped up by major speculation at the moment, serious algo-bot trading and pumping up, it's going over the cliff with nothing left under it's feet, and when people realize their buying into the top dollar bag holding club, there will be a change in direction. (in my humble opinion).

I always feel like the relevant information from that graph comes from it being integrated. It gives a whole new meaning to it.

That being said, I think we are overbought and $600 sounds right.

I would say, we're heading to double digits.
1 BTC = 80$ by end of the year.
hannesnaude
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November 27, 2013, 01:54:52 PM
 #50765

$1000 in 3..2..1...

Was excited for a moment there. We should come up with a currency symbol for goxbux, to prevent this kind of confusion in future.  Wink

Think it'll be a few more hours (or days?) before we hit 1000 at stamp, which is when it will be real.
alexeft
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November 27, 2013, 01:55:42 PM
 #50766


Agreed. We don't know.

It's a "law of the universe" because the last two major Bitcoin rallies ended in crashes? OK.

Unfortunately we don't have a crystal ball to see into the future so we cant predict bitcoin's next move. It genuinely is like watching the roulette ball bounce around the wheel, where will it land?

What we do have though is past data to analyze, and from that data we have seen that when ATH's are broken to this extent, they typically end in a correction or crash. I trust past market data to be more reliable and trust worthy than guessing bitcoin's next move personally.

Do you also drive your car looking back?Huh  Wink Smiley
prof7bit
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November 27, 2013, 01:56:59 PM
 #50767

I would say, we're heading to double digits.
1 BTC = 80$ by end of the year.

Yes, please make it happen. My bot is loaded with 5 figure dollar amount to buy cheap coins all the way down.
macsga
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November 27, 2013, 01:58:21 PM
 #50768

Waves of money coming in - Fiatleaks showing nearly 7000 BTC per hour - way high, something is coming.

This is not bearish news!

IT'S BEARISH ENOUGH!
SPOILER WARNING:
PREDICTION FOLLOWING AFTER THE QUOTE!


Quote
I would say, we're heading to double digits.
1 BTC = 80$ by end of the year.

I would say we're heading for SINGLE digits:
1 mBTC = 2$ by the end of the year...
fluidjax
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November 27, 2013, 01:58:33 PM
 #50769

I'm not about that at all mate. If I believe that a sell off will occur, it certainly we be thanks to me writing some shit on this forum. I believe a large dump at this rather precarious tip will be enough to start some panic selling. Panic is what I will be relying on, because that shit causes people to sell their grandmothers in the hope of not being left behind.

Did you ever post a bullish sentiment?


Okurkabinladin
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November 27, 2013, 01:59:42 PM
 #50770

Waves of money coming in - Fiatleaks showing nearly 7000 BTC per hour - way high, something is coming.

This is not bearish news!

If that site is any indicator at all, then... Chinese are waking up.
silvermario
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November 27, 2013, 02:06:55 PM
 #50771

I would say, we're heading to double digits.
1 BTC = 80$ by end of the year.

Yes, please make it happen. My bot is loaded with 5 figure dollar amount to buy cheap coins all the way down.

My bot is loaded with $80 and this is my plan to become filthy rich:

1. Buy 1BTC for $80
2. ? ? ?
3. Profit!!!
fluidjax
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November 27, 2013, 02:08:58 PM
 #50772

8800 BTC to $1000 on Bitstamp
2100 BTC to $1000 on Gox.

Clearly people are cashing out, and even if Gox breaks $1000, bitstamp will take a while to follow.
maz
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November 27, 2013, 02:09:37 PM
 #50773

I'm not about that at all mate. If I believe that a sell off will occur, it certainly we be thanks to me writing some shit on this forum. I believe a large dump at this rather precarious tip will be enough to start some panic selling. Panic is what I will be relying on, because that shit causes people to sell their grandmothers in the hope of not being left behind.

Did you ever post a bullish sentiment?

Yes, I'm all for the million dollar coin bud don't get me wrong, we will get there eventually but theres going to be lots of market manipulation and peaks and crashes along the way. It's not a bad thing to have a few bears spread caution during times of ecstatic excitement. The best trades are done with a level head.
DougTanner
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November 27, 2013, 02:11:37 PM
 #50774

10

Okurkabinladin
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November 27, 2013, 02:12:38 PM
 #50775

8800 BTC to $1000 on Bitstamp
2100 BTC to $1000 on Gox.

Clearly people are cashing out, and even if Gox breaks $1000, bitstamp will take a while to follow.


Some of those walls will be pulled and if Bitstamp lags behind, more money will flow in to take advantage of arbitrage.
ShroomsKit
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November 27, 2013, 02:14:02 PM
 #50776

Pleeease no panic sell. I so want to see 1000 happening.
Miz4r
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November 27, 2013, 02:14:32 PM
 #50777

8800 BTC to $1000 on Bitstamp
2100 BTC to $1000 on Gox.

Clearly people are cashing out, and even if Gox breaks $1000, bitstamp will take a while to follow.

1400 BTC to $1000 on Gox. What do you mean people are cashing out? People are cashing out and buying in all the time ofcourse, but the buyers clearly are dominating over the sellers at the moment.
fluidjax
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November 27, 2013, 02:19:31 PM
 #50778

8800 BTC to $1000 on Bitstamp
2100 BTC to $1000 on Gox.

Clearly people are cashing out, and even if Gox breaks $1000, bitstamp will take a while to follow.

1400 BTC to $1000 on Gox. What do you mean people are cashing out? People are cashing out and buying in all the time ofcourse, but the buyers clearly are dominating over the sellers at the moment.

I mean, people are selling on Bitstamp to cash out because Gox dollars are worthless unless you are trading.
macsga
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November 27, 2013, 02:24:53 PM
 #50779

$1000 within the next hour. After that the media impact will be enormous... I seriously expect 2000 before Christmas.
Spaceman_Spiff
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November 27, 2013, 02:25:17 PM
 #50780

Price isn't moving because everyone's busy pumping alt-coins.
 Grin

I personally learned a lot in the last 36 hours regarding the crypto market and how it reacts to rallys in Bitcoin. I completely missed the boat with this most recent alt rally. And now that it has happened it seems so absolutely obvious to me. So when the time is right, I will not be making that mistake again. Lesson learned. Live and learn.

(Meanwhile, 3 days left for BTC to hit $1000. My best guess was always today or tomorrow, but we will see. I wonder if its just going to happen in a split instance or if Gox is going to tease us for a few more days?)

Yeah, I really considered buying LTC around $2 for short term trading purposes (to get more BTC in the end), because I could see a scenario like this happening, but I basically chickened out (wanted LTC/BTC to drop even further), big mistake.  And even a few days ago I was thinking it could still go up, but chickened out again. Maybe LTC/BTC will still go higher in the near future, but I don't think its a particularly interesting trade anymore right now.
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