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

[windjc]

imagining a play where the bulls are pumping a bit so bears sell in to them.

Imagine a play where bears are letting bulls slowly buy things up, so that they have coins to dump into.  

[p0peji]

imagining a play where the bulls are pumping a bit so bears sell in to them.

Imagine a play where bears are letting bulls slowly buy things up, so that they have coins to dump into.  

This has been happening over and over at Huobi.

[dreamspark]

Literally exactly the same situation as yesterday except the recovery wasnt straight after the dump.

So easy to make money if your the first to see this 'news'.

Especially when there will probably be another 5-10 oppurtunities of exactly the same type over the coming days.

[ChartBuddy]

Explanation

[mooncake]

This is going to be big.
http://www.chinahotnet.com/contents/2014430_23557.html

The company just spent 1.2 billion CNY to purchase 40,000 btc for their gaming business. At the same time, they have signed Michael Ballack as their spokeman. They are going all out to sponsor concerts, car rallies and Japan AVs. More purchase of btc are in the pipeline.

[koryu]

Literally exactly the same situation as yesterday except the recovery wasnt straight after the dump.

So easy to make money if your the first to see this 'news'.

Especially when there will probably be another 5-10 oppurtunities of exactly the same type over the coming days.

as long as the daily candle is green in the end, holder is not affected.

but gratz to those who are trading the waves with profit.

[chessnut]

Is this the day we have been waiting for, when the FUD comes and nobody cares? sell the rumour, buy the news.

[CoinHamster]

all as usual:
...only some hesitation / staring at the screen / biting on nails / hoping - until it has got enough attention by the market
until the first start to sell because they can't stand the stress / want to secure in fiat
then it drops because the other sheep follow in panic...

(sell before ist starts to drop  )
 
 

[y3804]

Is this the day we have been waiting for, when the FUD comes and nobody cares? sell the rumour, buy the news.

All rational investors are now out of  BTC, transferred into fiat already. This allows exceptional manipulation on Huobi (price recovery within a hour), and yet Stamp still follows Huobi like a sheep

[chessnut]

all as usual:
...only some hesitation / staring at the screen / biting on nails / hoping - until it has got enough attention by the market
until the first start to sell because they can't stand the stress / want to secure in fiat
then it drops because the other sheep follow in panic...

(sell before ist starts to drop  )

I watched all the news releases before... they used to be impulsive, now they are corrective.
It was around 12 bans ago that we were at 450... here we are again.
a gaming company just bought 40k BTC.... there's your fresh fiat.
The market is preparing for the next key date... 10 may. By the way it is behaving now, Id say it is preparing to reverse by that date, as one would expect.

[seljo]

If someone still cares...
http://arstechnica.com/tech-policy/2014/04/investors-step-forward-to-acquire-mt-gox-settle-class-action-lawsuits/

[magicmexican]

I care, i want my 20 goxcoins being pumped

[gizmoh]

This is going to be big.
http://www.chinahotnet.com/contents/2014430_23557.html

The company just spent 1.2 billion CNY to purchase 40,000 btc for their gaming business. At the same time, they have signed Michael Ballack as their spokeman. They are going all out to sponsor concerts, car rallies and Japan AVs. More purchase of btc are in the pipeline.

Reminds me of a Penny stock company announcing acquisition of thousands of coins ..Without proof, this should be taken with a grain of salt.

  Reporter : This acquisition outside talking about this , some people say that this is a deliberate hype this , it was not optimistic about the acquisition , how do you think ?

[p0peji]

Those bid walls on Huobi are some major BS, they get pulled every time they are the highest bidder.  

[zby]

Huobi is no longer lower than Bitstamp.

[dreamspark]

I care, i want my 20 goxcoins being pumped

*Dreams of the Bitcoin Builder profits that could be made*

[windjc]

Those bid walls on Huobi are some major BS, they get pulled every time they are the highest bidder.  

Everyone on here believing (hoping) that the worst is over from China.

The exchanges have yet to ADMIT anything yet.

When that happens we will have another major sell off.

Plus, NONE of this matters without fresh fiat. That is the elephant in the room right now. And not a bull amongst any of you will talk about it.

Ignore it at your own peril.

Sure, sellers have slowed down here. They always take a break and let (or help) the gullible traders pump it back up.

How high can we get this time? 

[windjc]

all as usual:
...only some hesitation / staring at the screen / biting on nails / hoping - until it has got enough attention by the market
until the first start to sell because they can't stand the stress / want to secure in fiat
then it drops because the other sheep follow in panic...

(sell before ist starts to drop  )

I watched all the news releases before... they used to be impulsive, now they are corrective.
It was around 12 bans ago that we were at 450... here we are again.
a gaming company just bought 40k BTC.... there's your fresh fiat.
The market is preparing for the next key date... 10 may. By the way it is behaving now, Id say it is preparing to reverse by that date, as one would expect.

Blah blah blah blah (hope, hope, pray, hope).

Show me some fresh fiat and I will show you a reason we may go up. Until then, fuggitaboutit.

[dreamspark]

Those bid walls on Huobi are some major BS, they get pulled every time they are the highest bidder.  

Everyone on here believing (hoping) that the worst is over from China.

The exchanges have yet to ADMIT anything yet.

When that happens we will have another major sell off.

Plus, NONE of this matters without fresh fiat. That is the elephant in the room right now. And not a bull amongst any of you will talk about it.

Ignore it at your own peril.

Sure, sellers have slowed down here. They always take a break and let (or help) the gullible traders pump it back up.

How high can we get this time? 

What data are you looking at that indicates that no fresh fiat is coming into the market?

[windjc]

Those bid walls on Huobi are some major BS, they get pulled every time they are the highest bidder.  

Everyone on here believing (hoping) that the worst is over from China.

The exchanges have yet to ADMIT anything yet.

When that happens we will have another major sell off.

Plus, NONE of this matters without fresh fiat. That is the elephant in the room right now. And not a bull amongst any of you will talk about it.

Ignore it at your own peril.

Sure, sellers have slowed down here. They always take a break and let (or help) the gullible traders pump it back up.

How high can we get this time?  

What data are you looking at that indicates that no fresh fiat is coming into the market?

Easy. When fresh fiat hits the exchanges like Bitstamp we see buying that is not occuring on other exchanges. For instance in November it was obvious.

Plus you can just email whatshisface at Bitfinex and he'll tell you how much new money is coming in the exchange. In November is was around $1 million a day to Bitfinex.

As for Houbi, just look at their volume. It is steadily declining every week.