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

[Voodah]

I may regret this in the morning, as it will cause some people to want to trade against me, but I feel that I need to put it out there. Bitcoin TA is heavily manipulated at the moment, by at least 2 parties. Be careful out there.

Like the new wall of 1800 btc at 740 on Gox..
Why would one put such wall at that price if not to try support the price..

To encourage front running bids you can sell into before you pull your wall lower.  I'm not suggesting that is what is happening here since I'm not really watching the market tonight, but sometimes that is the motive.

Yes, it looks that way.

Is this a sodl signal we got right here?

[Ashitank]

I think we are in for little bit of dump.

[geri]

I may regret this in the morning, as it will cause some people to want to trade against me, but I feel that I need to put it out there. Bitcoin TA is heavily manipulated at the moment, by at least 2 parties. Be careful out there.

Could you please explain it in more detail? Is it the ask spikes I'm seeing @ 750 and 768 Bitstamp? Or something completely different?

[windjc]

In a few weeks when new fresh fiat hits these exchanges market manipulators will have to get out of the way.

The fact that we are consolidating with a small uptrend over the holidays is very bullish. In fact, I think the lower we consolidate the more attractive the market is to investors looking to get in cheap.  I'm not talking about mom and pop, but more the institutional type.

[medialab101]

I may regret this in the morning, as it will cause some people to want to trade against me, but I feel that I need to put it out there. Bitcoin TA is heavily manipulated at the moment, by at least 2 parties. Be careful out there.

I think hes drunk like me

Did I hear someone is drunk...

[Peter R]

I may regret this in the morning, as it will cause some people to want to trade against me, but I feel that I need to put it out there. Bitcoin TA is heavily manipulated at the moment, by at least 2 parties. Be careful out there.

I think hes drunk like me

Did I hear someone is drunk...

Oh shit, just got home from the pub and I'm drunk too.  Does this mean we're going down hard? 

[MikeH]

Oh shit, just got home from the pub and I'm drunk too.  Does this mean we're going down hard? 

no, just you.

[mb300sd]

I may regret this in the morning, as it will cause some people to want to trade against me, but I feel that I need to put it out there. Bitcoin TA is heavily manipulated at the moment, by at least 2 parties. Be careful out there.

I think hes drunk like me

Did I hear someone is drunk...

Oh shit, just got home from the pub and I'm drunk too.  Does this mean we're going down hard? 

We goin up! but im tryna get gone down on hard tonigt. gotta get off the phone and keep handin this girl dat plat card. #nolimit

[ChartBuddy]

[Loaded]

I may regret this in the morning, as it will cause some people to want to trade against me, but I feel that I need to put it out there. Bitcoin TA is heavily manipulated at the moment, by at least 2 parties. Be careful out there.

Could you please explain it in more detail? Is it the ask spikes I'm seeing @ 750 and 768 Bitstamp? Or something completely different?

Hint: China.

I may regret this in the morning, as it will cause some people to want to trade against me, but I feel that I need to put it out there. Bitcoin TA is heavily manipulated at the moment, by at least 2 parties. Be careful out there.

I think hes drunk like me

Did I hear someone is drunk...

Oh shit, just got home from the pub and I'm drunk too.  Does this mean we're going down hard? 

We goin up! but im tryna get gone down on hard tonigt. gotta get off the phone and keep handin this girl dat plat card. #nolimit

Bad idea. Never let a girl have the amex. I nearly lost my Centurion once.

[Voodah]

I may regret this in the morning, as it will cause some people to want to trade against me, but I feel that I need to put it out there. Bitcoin TA is heavily manipulated at the moment, by at least 2 parties. Be careful out there.

Could you please explain it in more detail? Is it the ask spikes I'm seeing @ 750 and 768 Bitstamp? Or something completely different?

Hint: China.

You mean that perfect pennant on the 1H or some other thing regarding your trip?

Are you still there btw?

[mmitech]

FinCEN released guidance for miners http://cointext.com/fincen-issues-bitcoin-friendly-ruling-for-miners/

To the extent that a user mines Bitcoin and uses the Bitcoin solely for the user’s own purposes and not for the benefit of another, the user is not an MSB under FinCEN’s regulations, because these activities involve neither “acceptance” nor “transmission” of the convertible virtual currency and are not the transmission of funds within the meaning of the Rule. This is the case whether the user mining and using the Bitcoin is an individual or a corporation, and whether the user is purchasing goods or services for the user’s own use, paying debts previously incurred in the ordinary course of business, or (in the case of a corporate user) making distributions to shareholders. Activities that, in and of themselves, do not constitute accepting and transmitting currency, funds or the value of funds, are activities that do not fit within the definition of “money transmission services” and therefore are not subject to FinCEN’s registration, reporting, and recordkeeping regulations for MSBs…

FinCEN therefore concludes that, under the facts you have provided, Atlantic would be a user of Bitcoin, and not an MSB, to the extent that it uses Bitcoin it has mined: (a) to pay for the purchase of goods or services, pay debts it has previously incurred (including debts to its owner(s)), or make distributions to owners; or (b) to purchase real currency or another convertible virtual currency, so long as the real currency or other convertible virtual currency is used solely in order to make payments (as set forth above) or for Atlantic’s own investment purposes. Milly Bitcoin’s Mining Rig

well this was better than the Slovenian guidance, in Slovenia Mining is treated as undeclared work in which miners will have to pay a fine for it and then Taxes..... well congrats for US miners.

[windjc]

I may regret this in the morning, as it will cause some people to want to trade against me, but I feel that I need to put it out there. Bitcoin TA is heavily manipulated at the moment, by at least 2 parties. Be careful out there.

Could you please explain it in more detail? Is it the ask spikes I'm seeing @ 750 and 768 Bitstamp? Or something completely different?

Hint: China.

You mean that perfect pennant on the 1H or some other thing regarding your trip?

Are you still there btw?

Yeah, I'm a little confused by what Loaded is saying. The TA on the charts looks bullish, with a bullish pennant forming. It sounds like Loaded is saying the market is being manipulated upwards and so traders may want to hedge to the downside, which would go against his market buys. But really, I have no clue what he is saying.

[MicroFi]

I may regret this in the morning, as it will cause some people to want to trade against me, but I feel that I need to put it out there. Bitcoin TA is heavily manipulated at the moment, by at least 2 parties. Be careful out there.

Could you please explain it in more detail? Is it the ask spikes I'm seeing @ 750 and 768 Bitstamp? Or something completely different?

Hint: China.

You mean that perfect pennant on the 1H or some other thing regarding your trip?

Are you still there btw?

Yeah, I'm a little confused by what Loaded is saying. The TA on the charts looks bullish, with a bullish pennant forming. It sounds like Loaded is saying the market is being manipulated upwards and so traders may want to hedge to the downside, which would go against his market buys. But really, I have no clue what he is saying.

Looks like a bullish pennant to me, too.
I don't like these kind of vague omens ...

edit: I just googled your signature, windjc

[seleme]

Loaded or anyone else doesn't give advice that takes money from him, only the one that makes it for him.

I am not sure what he is talking about but it's surely with goal to bank from it 

[lebing]

I may regret this in the morning, as it will cause some people to want to trade against me, but I feel that I need to put it out there. Bitcoin TA is heavily manipulated at the moment, by at least 2 parties. Be careful out there.

Could you please explain it in more detail? Is it the ask spikes I'm seeing @ 750 and 768 Bitstamp? Or something completely different?

Hint: China.

You mean that perfect pennant on the 1H or some other thing regarding your trip?

Are you still there btw?

Yeah, I'm a little confused by what Loaded is saying. The TA on the charts looks bullish, with a bullish pennant forming. It sounds like Loaded is saying the market is being manipulated upwards and so traders may want to hedge to the downside, which would go against his market buys. But really, I have no clue what he is saying.

I dont think one needs to read to far into what he said. The bitcoin market IS heavily manipulated and he who worships at the altar of Bitcoin TA worships a god on strings.

[Ducky1]

I may regret this in the morning, as it will cause some people to want to trade against me, but I feel that I need to put it out there. Bitcoin TA is heavily manipulated at the moment, by at least 2 parties. Be careful out there.

Could you please explain it in more detail? Is it the ask spikes I'm seeing @ 750 and 768 Bitstamp? Or something completely different?

Hint: China.

You mean that perfect pennant on the 1H or some other thing regarding your trip?

Are you still there btw?

Yeah, I'm a little confused by what Loaded is saying. The TA on the charts looks bullish, with a bullish pennant forming. It sounds like Loaded is saying the market is being manipulated upwards and so traders may want to hedge to the downside, which would go against his market buys. But really, I have no clue what he is saying.

Maybe he means volume and price at the Chinese exchanges (Huobi and OKcoin) witch makes the market look much more bullish than it really is.

[windjc]

I may regret this in the morning, as it will cause some people to want to trade against me, but I feel that I need to put it out there. Bitcoin TA is heavily manipulated at the moment, by at least 2 parties. Be careful out there.

Could you please explain it in more detail? Is it the ask spikes I'm seeing @ 750 and 768 Bitstamp? Or something completely different?

Hint: China.

You mean that perfect pennant on the 1H or some other thing regarding your trip?

Are you still there btw?

Yeah, I'm a little confused by what Loaded is saying. The TA on the charts looks bullish, with a bullish pennant forming. It sounds like Loaded is saying the market is being manipulated upwards and so traders may want to hedge to the downside, which would go against his market buys. But really, I have no clue what he is saying.

Looks like a bullish pennant to me, too.
I don't like these kind of vague omens ...

edit: I just googled your signature, windjc

glad you like it.

[ChartBuddy]

[macsga]

Don't try to figure out what Loaded meant. Just stay away from trading today. On a side note, I don't think he is into accumulating coins from us here, as we are small fish (most of us at least). When he starts trading, BELIEVE ME, we will know about it...