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

[ChartBuddy]

Explanation

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[TERA]

But for right now, we could be stable for many months and that sucks.

I agree. In my wildest dreams from long time ago, I thought bitcoin could start rising in June. Then it was July and ATH in August.

I actually still support that scenario. Talking about Bitcoin, a quarter-year is a quarter-century.

Basically what you are saying is that you were wrong. That you don't know shit. That you can't predict where the price goes any better than any other person here. That your endless madman analysis is bullshit and that you might as well throw some dice instead. Ok, noted.

Shroomskit just trolls everyone who speculates on the speculation forum. lol.

rpetelia uses some experimental quasi-TA that isn't real TA and doesn't work,  and shroomskit strikes me as a teenage.boy who invested all of his allowance money at $1000

[p0peji]

What if Huobi now has a system in place that would only let the price fluctuate 50 yuan a day? To protect its traders?

edit:
I know it sounds crazy but we are dealing with an exchange in distress here.

[TERA]

What if Huobi now has a system in place that would only let the price fluctuate 50 yuan a day? To protect its traders?

edit:
I know it sounds crazy but we are dealing with an exchange in distress here.

I'm curious as to how exactly you purpose this would be implemented, especially when the bitcoin market is not just huobi

[p0peji]

What if Huobi now has a system in place that would only let the price fluctuate 50 yuan a day? To protect its traders?

edit:
I know it sounds crazy but we are dealing with an exchange in distress here.

I'm curious as to how exactly you purpose this would be implemented

fake sells as soon as price rises too much and fake buys as soon as price drops too much? Or stop processing buy or sell orders as soon as max or min price for that day has been reached?

edit:
like I said before it is far fetched, but it would kill volatility

[dreamspark]

What if Huobi now has a system in place that would only let the price fluctuate 50 yuan a day? To protect its traders?

edit:
I know it sounds crazy but we are dealing with an exchange in distress here.

Yeah deffo sounds crazy. Could you imagine everyone would be waiting to sell/buy into the trend as soon as a new day started.

[TERA]

i think it would have no volume most of the time

[dreamspark]

i think it would have no volume most of the time

I think it would have no volume all the time.

As said for a start despite what some may think Huobi isnt the whole market.

[Mythul]

Another day, no rise, no action. Stable price.

[mah87]

Another day, no rise, no action. Stable price.

Action is on Ripple now. First bank Fidor jumped into the network. Price +12% yesterday, this is just the beginning of a rally.

[freebit13]

Now, these are the Chinese people we need to get involved in bitcoin... google is chump change

Top 10 Wealthiest People Under the Age of 40 in the World #8

Huiyan Yang is one of the richest people, not only in China, but the world. This billionaire’s net worth is estimated to be $5.7 billion. Yang made her billions by being the daughter of the founder of real estate developer Country Garden Holdings. Only 31-years-old, she is also the majority shareholder in the company.

Despite being a Chinese national, Huiyan Yang graduated from Ohio State University in 2003. Shortly after her graduation, her father transferred the majority of the shares of Country Garden Holdings into her name. When the company made its IPO in 2007, the capital raised from the IPO skyrocketed her net worth. Her company’s IPO generated more capital than Google did with their IPO. This made her the wealthiest woman in all of China at the age of just 26 (at the time).

Huiyan’s father, Yang Guoqiang, is one of the most successful businessmen in all of mainland China. Huiyan’s company is a real estate company that controls a lot of important real estate world wide. The net worth of her company is estiamated at times to be upwards of $17 Billion.

Read more at http://americanlivewire.com/2014-03-03-wealthiest-people-under-the-age-of-40-8/

[ChartBuddy]

Explanation

[dreamspark]

Another day, no rise, no action. Stable price.

Isn't that what everyones supposed to want though  

And dont speak so soon the day is young

[Mythul]

Another day, no rise, no action. Stable price.

Isn't that what everyones supposed to want though 

Sure, I'm in no hurry. Actually this is good for me since I can get more coins over time and don't need to panic buy in a matter of minutes. If you don't need the fiat right now, why bother selling?

Many other said that bigger investments are on the red this year, but I doubt long term investors care much really.

[dreamspark]

No doubt some news coming in 3.2.1

[mooncake]

@TERA and windjc - Still short?

[hashuniverse]

how do you know some news is coming?  the calm before the storm?

[p0peji]

@TERA and windjc - Still short?

Well I am and I am not closing those until Bitstamp hits atleast 465 on high volume.

[dreamspark]

@TERA and windjc - Still short?

Abit premature on a $9 move.


TERA already said she wasnt really short and was technically probably long.

[magicmexican]

Big pumps :-D