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Question: Dec. 15 Closing Price:
<$3,000 - 46 (25.7%)
$3,000-$3,200 - 12 (6.7%)
$3,200-$3,400 - 11 (6.1%)
$3,400-$3,600 - 6 (3.4%)
$3,600-$3,800 - 8 (4.5%)
$3,800-$4,000 - 10 (5.6%)
$4,000-$4,200 - 9 (5%)
$4,200-$4,400 - 4 (2.2%)
$4,400-$4,600 - 3 (1.7%)
$4,600-$4,800 - 3 (1.7%)
$4,800-$5,000 - 9 (5%)
>$5,000 - 58 (32.4%)
Total Voters: 179

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 20849617 times)
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gizmoh
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April 16, 2014, 09:33:11 AM

The correction has only started. give it a few hours, Ask will start to pile in as they realize that this rally is done.

Is this a fact?

We are sub 500 , its a fact .
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ShroomsKit
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April 16, 2014, 09:33:28 AM

Unbelievable. Total panic again because of some Chinese letters. Really unbelievable.
I seriously hope each and everyone of those idiots panic selling lose their money.
TeeBone
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April 16, 2014, 09:33:32 AM

Wake me up when China is out of Bitcoin blood system. Till then I'll keep any dollar I could put my hands on.

I wish China would just say "Bitcoin is illegal and anyone who owns any will be shot in the face". At least then we can forget about their bullshit and get on with business.

Then be prepared for sub 200 coins, price is propped up almost exclusively because of China.
lemonte
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April 16, 2014, 09:34:10 AM

Just reading the article now and isn't the information about Huobi stopping dealing with the Agricultural Bank of China old news, or am I reading this wrong?
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April 16, 2014, 09:34:30 AM

fucking chinese news reports ...  Sad
seleme
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April 16, 2014, 09:34:38 AM

Wake me up when China is out of Bitcoin blood system. Till then I'll keep any dollar I could put my hands on.

I wish China would just say "Bitcoin is illegal and anyone who owns any will be shot in the face". At least then we can forget about their bullshit and get on with business.

Then be prepared for sub 200 coins, price is propped up almost exclusively because of China.

Sub 50 - fine, just to get rid of that cancer.
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April 16, 2014, 09:34:50 AM

In a worst case scenario, we have bears who just got wiped out and can not act to catch the falling knife when they cover their shorts, bulls with no fiat ammo left and the few guys left with any fiat like myself extremely gun shy. It could get ugly. 

I have a small order near the bottom $340 support level and that's it. There's no trading this. We're bugs on a windshield.
niothor
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April 16, 2014, 09:35:57 AM

It's you guys who only talk about huobi charts who are to be blamed for this.

Lots of websites are ignoring the price from huobi , like bitcoinaverage because they think their volume is fake as f***.

Keep following those two shitty exchanges that have been accused so many times of fake volume and data and this is what you get.

If china is so mad about trading cryptos...
Why do they have 80% of the BTC trading volume and less than 25% of the alts trading volume with a lot of help of westerners trading on bter ?

But keep following china...usually chinese stuff breaks within 6 month
magicmexican
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April 16, 2014, 09:36:09 AM

Market is really trigger happy, i wonder what will happen
ShroomsKit
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April 16, 2014, 09:36:21 AM

Wheres the news though ? That article just said the same thing thats been said 100 times?

The sheep don't care. First they totally omg huge panic the world is ending and then they'll figure out there is nothing going on.
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April 16, 2014, 09:37:35 AM

Wake me up when China is out of Bitcoin blood system. Till then I'll keep any dollar I could put my hands on.

I wish China would just say "Bitcoin is illegal and anyone who owns any will be shot in the face". At least then we can forget about their bullshit and get on with business.

Then be prepared for sub 200 coins, price is propped up almost exclusively because of China.

Yeah, sub 200 in a flash crash before intelligent people buy the coins back up.

I didn't buy bitcoins because I have some delusional idea in my head of Chinese people evading government controls to freely trade money with the rest of the world. I don't give a single fuck about China nor do I want them involved in any of this.

They censor the Internet. They're never going to allow Bitcoin (at least not without extremely strict measures around it) no matter what.
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April 16, 2014, 09:37:41 AM

I am pretty sure most people use MCAD as one indicator to either buy or sell. It has been pretty obvious on both the 4h and 6h charts that we were expecting a correction soon. Unless you are planning to buy and hold for more than a month the 1d and 3d indicator is at a buy signal right now. Simply listening to the forum for short term predictions is gonna lose you money.  
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April 16, 2014, 09:38:46 AM

Unbelievable. Total panic again because of some Chinese letters. Really unbelievable.
I seriously hope each and everyone of those idiots panic selling lose their money.

They will.
blatchcorn
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April 16, 2014, 09:38:57 AM

What is the news from China?  I don't see anything other than a new ATM...
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April 16, 2014, 09:39:43 AM

putting sell orders on 520 and buy orders on 435 Cool
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April 16, 2014, 09:40:04 AM

What is the news from China?  I don't see anything other than a new ATM...

Don't you know? They have just banned bitcoin!
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April 16, 2014, 09:40:16 AM

Fortunately, when I 'went bull', it doesn't mean I actally bought anything (that was done much earlier). It was just a sentiment change.
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April 16, 2014, 09:41:19 AM

What is the news from China?  I don't see anything other than a new ATM...

Tell me when we really had a good translation of a real news from China ?

But every article that quotes bitcoin from China , no matter the rest is driving the price down lately. It was funny first but now is annoying.
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April 16, 2014, 09:41:49 AM

Watching net worth go up and down like that is just the most fun I've had in front of the monitor for a good while.
seanneko
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April 16, 2014, 09:42:58 AM

What is the news from China?  I don't see anything other than a new ATM...

Tell me when we really had a good translation of a real news from China ?

But every article that quotes bitcoin from China , no matter the rest is driving the price down lately. It was funny first but now is annoying.

I'm almost tempted to write a fake article about China banning Bitcoin ATMs or something and publish it on a random site to see how much it hurts the market. But nah, I'm not quite that mean.
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