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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 26485066 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.)
ShroomsKit
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April 09, 2014, 11:36:05 AM

huobi on the dump

$2 massive dump these days lol

enough to send btc-e trollbox into the panic mode

I'm so happy i managed to stop reading there. It was quite addicting.
It's one of the worst parts of the internet i can think of.
p0peji
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April 09, 2014, 11:39:20 AM

Also note there are no 1,500BTC bid walls accumulating coins this time.

no one is interested in the 500BTC wall on btc-e tho.

volume is low because we accumulated so many god damn hodlers invested for the future.

don't expect them to all panic sell at once because china banned bitcoin 5 times in april.

http://www.youtube.com/watch?v=NG1qooBzE2w&feature=share&list=PL3C264C70646796C4&index=4

December 2013  - oh shit!!!!! china bans bitcoin

January 2014  - you know what ?  bitcoin is going to banned in china at the end of January

February 2014  - NEWS FLASH -  china bans bitcoin

March 2014  - guess what china is banning?

April 2014  - fill in the blank---- China is going to ban [______]  come on, you can do it.  guess.

December 2013 oh shit!! Mt Gox is insolvent!

January 2014 you know what? Mt Gox is going to be insolvent at the end of January

February 2014 - NEWS FLASH- Mt Gox is insolvent

February 28 - We regret to inform you that due to rumors, we are temporarily suspending deposits...

^ This is exactly how I think the whole China thing will go down, exactly the same as the Gox drama.
p0peji
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April 09, 2014, 11:41:19 AM

huobi on the dump

Hope this time the price will finally plunge.
JorgeStolfi
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April 09, 2014, 11:42:27 AM

What evidence do we have that bitcoins are being bought up off-exchange? Obviously Second Market.

SecondMarket is believed to have now ~96 kBTC. They bought ~10 kBTC in February, ~13 kBTC in March, and sold a net couple of hundred in April. (They just started allowing the first investors to liquidate.  They should have sold at least 3 kBTC this month, but then bought nearly as many as people apparently (re)invested.)
https://bitcointalk.org/index.php?topic=337486.0
dreamspark
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April 09, 2014, 11:43:50 AM

$446 wall guy on BTC-e is doing some nice accumulation.
p0peji
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April 09, 2014, 11:45:18 AM

$446 wall guy on BTC-e is doing some nice accumulation.

Yes everything is just positive, no one is selling on Huobi everyone is just increasing their holdings, BTC going to the moon. Roll Eyes
dreamspark
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April 09, 2014, 11:49:10 AM

$446 wall guy on BTC-e is doing some nice accumulation.

Yes everything is just positive, no one is selling on Huobi everyone is just increasing their holdings, BTC going to the moon. Roll Eyes

Its okay, close your shorts, you'll sleep better.
p0peji
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April 09, 2014, 11:50:11 AM

$446 wall guy on BTC-e is doing some nice accumulation.

Yes everything is just positive, no one is selling on Huobi everyone is just increasing their holdings, BTC going to the moon. Roll Eyes

Its okay, close your shorts, you'll sleep better.

Your mom wont let me close my shorts Grin
jonoiv
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April 09, 2014, 11:51:45 AM

$446 wall guy on BTC-e is doing some nice accumulation.

Yes everything is just positive, no one is selling on Huobi everyone is just increasing their holdings, BTC going to the moon. Roll Eyes




This chart could not look more bearish if it tried!

from 1min 3, 5, 15, 30 1h 2h 4h 6h 12h 1d 3d 1w .....  on btce at the moment all MACD are either pointing down or are level about to point down.   
JorgeStolfi
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April 09, 2014, 11:53:47 AM

Good for her... but what about the guy who bought from her at above 1000 in December?  He too was told it was a good investment, but lost more than 55,000 € at this point...

Only if he sells at a loss... only way you loose money is by realizing a loss.
Depends on the viewpoint... One could also say that he lost over 100 k€ when he bought in December, but may still recover some of it, by pushing some or all of his loss onto someone else...  Grin
dreamspark
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April 09, 2014, 11:58:41 AM

$446 wall guy on BTC-e is doing some nice accumulation.

Yes everything is just positive, no one is selling on Huobi everyone is just increasing their holdings, BTC going to the moon. Roll Eyes

Its okay, close your shorts, you'll sleep better.

Your mom wont let me close my shorts Grin

Im sure she would if you asked nicely, seems your comebacks are as bad as your poker ability.
ChartBuddy
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April 09, 2014, 12:00:28 PM


Explanation
dreamspark
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April 09, 2014, 12:02:37 PM

Good for her... but what about the guy who bought from her at above 1000 in December?  He too was told it was a good investment, but lost more than 55,000 € at this point...

Only if he sells at a loss... only way you loose money is by realizing a loss.
Depends on the viewpoint... One could also say that he lost over 100 k€ when he bought in December, but may still recover some of it, by pushing some or all of his loss onto someone else...  Grin

You mean by selling his coins to someone else? If he sold me all his coins now I have no loss only he does.
Davyd05
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April 09, 2014, 12:09:50 PM

some huobi dumping eh, hmmm  seems like someone is taking an early position on something
FlyingLotus
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April 09, 2014, 12:11:26 PM

Looks like the cat is falling down the stairs on Huobi.

A little minor excitement for the day
jonoiv
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April 09, 2014, 12:11:53 PM


sorry my mistake, it's $5-6 per day.



I think you missed the point entirely

huge dumps everywhere
600watt
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April 09, 2014, 12:13:48 PM

Also note there are no 1,500BTC bid walls accumulating coins this time.

no one is interested in the 500BTC wall on btc-e tho.

volume is low because we accumulated so many god damn hodlers invested for the future.

don't expect them to all panic sell at once because china banned bitcoin 5 times in april.

http://www.youtube.com/watch?v=NG1qooBzE2w&feature=share&list=PL3C264C70646796C4&index=4

December 2013  - oh shit!!!!! china bans bitcoin

January 2014  - you know what ?  bitcoin is going to banned in china at the end of January

February 2014  - NEWS FLASH -  china bans bitcoin

March 2014  - guess what china is banning?

April 2014  - fill in the blank---- China is going to ban [______]  come on, you can do it.  guess.

December 2013 oh shit!! Mt Gox is insolvent!

January 2014 you know what? Mt Gox is going to be insolvent at the end of January

February 2014 - NEWS FLASH- Mt Gox is insolvent

February 28 - We regret to inform you that due to rumors, we are temporarily suspending deposits...

^ This is exactly how I think the whole China thing will go down, exactly the same as the Gox drama.

so china will announce that some hackers stole all their renminbi and declare bankruptcy ?  Cheesy
chessnut
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April 09, 2014, 12:15:15 PM


sorry my mistake, it's $5-6 per day.



I think you missed the point entirely

huge dumps everywhere

$5 move = huge dump? still miss the point.
jonoiv
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April 09, 2014, 12:16:59 PM


sorry my mistake, it's $5-6 per day.



I think you missed the point entirely

huge dumps everywhere

$5 move = huge dump? still miss the point.

All MACD in the red... you are missing the point Smiley
magicmexican
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April 09, 2014, 12:17:11 PM

almost 1k btc in a single market dump @2700
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