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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.8%)
7/28 - 11 (9.1%)
8/4 - 16 (13.2%)
8/11 - 7 (5.8%)
8/18 - 6 (5%)
8/25 - 8 (6.6%)
After August - 72 (59.5%)
Total Voters: 121

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26485273 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.)
flynn
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January 17, 2014, 06:21:47 PM
 #77101

It's the usual suspects!   Cheesy


Which one is Kayser Sausey ?
MAbtc
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January 17, 2014, 06:21:55 PM
 #77102

I am seeing a pattern in these triangles, the angles are very telling on each, they point to $180. We are massively overvalued right now.
Actually, I've been working with some pretty reliable Fibonacci fans whose channels point to Bitstamp hitting $0.00 within the month. Plan accordingly.
sweet i will be able to afford all the bitcoins!

actuly wait no...

i need like 0.0000  Undecided   Cry

No you won't get them ALL, if you wait for them to drop to 0.0001$, because I'll buy 1 million of them at 0.001$, just to be able to
claim that in 2014 I was a huge bitcoin whale. Such a story would be worth 1,000$, even if the bitcoins would be worth 0.0.
Yes, very strong support in the ≤ $.01 range.
N12
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January 17, 2014, 06:22:23 PM
 #77103

I am seeing a pattern in these triangles, the angles are very telling on each, they point to $180. We are massively overvalued right now.
Actually, I've been working with some pretty reliable Fibonacci fans whose channels point to Bitstamp hitting $0.00 within the month. Plan accordingly.
sweet i will be able to afford all the bitcoins!

actuly wait no...

i need like 0.0000  Undecided   Cry

No you won't get them ALL, if you wait for them to drop to 0.0001$, because I'll buy 1 million of them at 0.001$, just to be able to
claim that in 2014 I was a huge bitcoin whale. Such a story would be worth 1,000$, even if the bitcoins would be worth 0.0.
Yes, very strong support in the ≤ $.01 range.
Well shit, I'll have to revise my limit orders.
deadfi$h
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January 17, 2014, 06:25:01 PM
 #77104


You can tell the bears are getting panicky when all the triangles come out!  Pythagoras must be rolling in his grave!

 Cheesy

You are becoming more and more manic by the minute T.Stuart.

Having just read that it is possible to short Bitcoin on Bitfinex, I headed right over there to register and open an account. I then set about finding the option to short bitcoin. The Bitfinex site does not make this a very straightforward process, but I soon discovered the shorting option only to find that there is absolutely nobody interested in lending out Bitcoins to a short seller at this point in time.

Now what does that tell you?

(a big fkn queue of wannabe short-sellers and a distinct lack of mugs Bitcoin holders willing to loan out their Bitcoins to shorters chasing clear and obvious profits)

You do know the lenders also risk losing their coins if the shorts don't pan out?

This is not really true. Short positions are automatically closed well before there is danger of the total value of the trade dropping below the level of the money lent. The only case where a lender would be at risk would be in the case of a massive short/long squeeze where the positions can't be closed before price collapses +/- something like 40% in a minute period. They offer insurance to cover those extreme cases also.
Davyd05
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January 17, 2014, 06:26:42 PM
 #77105

let say 850 low for the day on gox, with a super bounce off it D: ttyl
deadfi$h
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January 17, 2014, 06:32:32 PM
 #77106

Gox broke support. Very welcome news for me... Now Stamp's turn.
mellowyellow
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January 17, 2014, 06:34:20 PM
 #77107


You can tell the bears are getting panicky when all the triangles come out!  Pythagoras must be rolling in his grave!

 Cheesy

You are becoming more and more manic by the minute T.Stuart.

Having just read that it is possible to short Bitcoin on Bitfinex, I headed right over there to register and open an account. I then set about finding the option to short bitcoin. The Bitfinex site does not make this a very straightforward process, but I soon discovered the shorting option only to find that there is absolutely nobody interested in lending out Bitcoins to a short seller at this point in time.

Now what does that tell you?

(a big fkn queue of wannabe short-sellers and a distinct lack of mugs Bitcoin holders willing to loan out their Bitcoins to shorters chasing clear and obvious profits)

You do know the lenders also risk losing their coins if the shorts don't pan out?


This is not really true. Short positions are automatically closed well before there is danger of the total value of the trade dropping below the level of the money lent. The only case where a lender would be at risk would be in the case of a massive short/long squeeze where the positions can't be closed before price collapses +/- something like 40% in a minute period. They offer insurance to cover those extreme cases also.

Ahh, didn't realise you could get insurance, I'll have to check that out.
damiano
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103 days, 21 hours and 10 minutes.


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January 17, 2014, 06:35:59 PM
 #77108

Gox broke support. Very welcome news for me... Now Stamp's turn.


780 wall just went


edit ok now its back

DaRude
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January 17, 2014, 06:36:21 PM
 #77109


You can tell the bears are getting panicky when all the triangles come out!  Pythagoras must be rolling in his grave!

 Cheesy

You are becoming more and more manic by the minute T.Stuart.

Having just read that it is possible to short Bitcoin on Bitfinex, I headed right over there to register and open an account. I then set about finding the option to short bitcoin. The Bitfinex site does not make this a very straightforward process, but I soon discovered the shorting option only to find that there is absolutely nobody interested in lending out Bitcoins to a short seller at this point in time.

Now what does that tell you?

(a big fkn queue of wannabe short-sellers and a distinct lack of mugs Bitcoin holders willing to loan out their Bitcoins to shorters chasing clear and obvious profits)

Umm i see 2114BTC offer available just at 0.0055% and to get a mil in USD would prob cost you around 0.6% that's a 100 fold difference in a rate. What does that tell you? Oh you were just trolling to get cheap coins from noobs sry then carry on
dgarcia
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January 17, 2014, 06:36:40 PM
 #77110

Huobi is not moving...
MatTheCat
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January 17, 2014, 06:49:21 PM
 #77111

Umm i see 2114BTC offer available just at 0.0055% and to get a mil in USD would prob cost you around 0.6% that's a 100 fold difference in a rate. What does that tell you? Oh you were just trolling to get cheap coins from noobs sry then carry on

Where!?

Show me the place, and I am there.

Edit, Gotya....found it.

Need to time transfer of BTC from Bitstamp to Bitfinex so price doesn't fall too much though.
deadfi$h
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January 17, 2014, 06:50:19 PM
 #77112

Both Gox and Stamp broke support briefly and without much enthusiasm. Support is looking a bit weak now though.

Looks like we're just going to stick to the excruciatingly slow slide down the current short term trend line.
dgarcia
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January 17, 2014, 06:54:23 PM
 #77113

Both Gox and Stamp broke support briefly and without much enthusiasm. Support is looking a bit weak now though.

Looks like we're just going to stick to the excruciatingly slow slide down the current short term trend line.

Until now only Huobi is impeding full break out...

...but don't seem to be very euphoric either only a bit hesitant.
fonzie
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January 17, 2014, 06:54:59 PM
 #77114



Game over Cool
deadfi$h
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January 17, 2014, 06:59:11 PM
 #77115

Both Gox and Stamp broke support briefly and without much enthusiasm. Support is looking a bit weak now though.

Looks like we're just going to stick to the excruciatingly slow slide down the current short term trend line.

Until now only Huobi is impeding full break out...

...but don't seem to be very euphoric either only a bit hesitant.

We're moving into China's bedtime. They seem to like their sleep a little bit more than the Japanese  Cheesy
dgarcia
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January 17, 2014, 07:00:48 PM
 #77116

Both Gox and Stamp broke support briefly and without much enthusiasm. Support is looking a bit weak now though.

Looks like we're just going to stick to the excruciatingly slow slide down the current short term trend line.

Until now only Huobi is impeding full break out...

...but don't seem to be very euphoric either only a bit hesitant.

We're moving into China's bedtime. They seem to like their sleep a little bit more than the Japanese  Cheesy

Dumping before bedtime? So there will be no bad awaking in the morning after Thai-Chi.
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January 17, 2014, 07:02:00 PM
 #77117

Huobi is not moving...

it reached the .764 retrace of the rise from 4640 to 5195.
ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


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January 17, 2014, 07:02:50 PM
 #77118


Explanation
600watt
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January 17, 2014, 07:03:06 PM
 #77119

http://www.ibtimes.co.uk/hmrc-re-classify-bitcoin-private-money-1432718

choo choo mothafuckA
JorgeStolfi
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January 17, 2014, 07:04:41 PM
 #77120

The Chinese traders and their robots have decided that 1 BTC is worth 4800 CNY, because they have realized that the Chinese traders and their robots have decided that 1 BTC is worth 4800 CNY, because they have realized that the Chinese traders and their robots have decided that 1 BTC is worth 4800 CNY, because they have realized that the Chinese traders and their robots have decided that 1 BTC is worth 4800 CNY, because they have realized that the


(image from http://www.boston.com/bostonglobe/ideas/theword/2009/01/bootstraps_and.html)
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