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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 26484904 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.)
bigdave
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May 14, 2014, 11:13:48 AM

Are we in the midst of a pump and dump? Considering the lack of volume one wouldn't think so but with the price having been slightly increasing since about 20:00 EST last night until now I'm wondering if a dump is in our near future?
T.Stuart
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May 14, 2014, 11:15:34 AM

Are we in the midst of a pump and dump? Considering the lack of volume one wouldn't think so but with the price having been slightly increasing since about 20:00 EST last night until now I'm wondering if a dump is in our near future?

Just a small fluctuation
niothor
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May 14, 2014, 11:18:32 AM

Are we in the midst of a pump and dump? Considering the lack of volume one wouldn't think so but with the price having been slightly increasing since about 20:00 EST last night until now I'm wondering if a dump is in our near future?

Stop seeing pump and dumps with every 10$ price move Smiley.
EuroTrash
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May 14, 2014, 11:23:53 AM

Are we in the midst of a pump and dump? Considering the lack of volume one wouldn't think so but with the price having been slightly increasing since about 20:00 EST last night until now I'm wondering if a dump is in our near future?

Wild guess: mild interest from Bitcoin 2014 conference in Amsterdam (which so far has not made any big news at all). And maybe some demoing of ATMs going on over there.
lemonte
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May 14, 2014, 11:25:25 AM

Are we in the midst of a pump and dump? Considering the lack of volume one wouldn't think so but with the price having been slightly increasing since about 20:00 EST last night until now I'm wondering if a dump is in our near future?

Wild guess: mild interest from Bitcoin 2014 conference in Amsterdam (which so far has not made any big news at all). And maybe some demoing of ATMs going on over there.

Doesn't start until tomorrow: http://bitcoin2014.com

kehtolo
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May 14, 2014, 11:26:50 AM

Are we in the midst of a pump and dump? Considering the lack of volume one wouldn't think so but with the price having been slightly increasing since about 20:00 EST last night until now I'm wondering if a dump is in our near future?

Wild guess: mild interest from Bitcoin 2014 conference in Amsterdam (which so far has not made any big news at all). And maybe some demoing of ATMs going on over there.

Begins Tomorrow!?
dreamspark
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May 14, 2014, 11:30:18 AM

Are we in the midst of a pump and dump? Considering the lack of volume one wouldn't think so but with the price having been slightly increasing since about 20:00 EST last night until now I'm wondering if a dump is in our near future?

Why is every move met with "pump and dump" Its risen close to $10.

But for future reference a period of low volume is a good time for a pump.
rpietila
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May 14, 2014, 11:37:55 AM

Are we in the midst of a pump and dump? Considering the lack of volume one wouldn't think so but with the price having been slightly increasing since about 20:00 EST last night until now I'm wondering if a dump is in our near future?

Stop seeing pump and dumps with every 10$ price move Smiley.

10 dollars is like 2%, right.

Was analyzing Mt.Gox price data from 2010. There were some mighty pumps and dumps. 20-30kBTC volume in 5 minutes. Price swinging by 5-20%. Then when you look more carefully, the USD volume is <10k$. It was nothing more than somebody's fiat just cleared.   Cheesy

Buying and selling BTC1k now is very probably just normal balancing of portfolio for a merchant or exchanger, or investor.
JorgeStolfi
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May 14, 2014, 11:44:50 AM

Are we in the midst of a pump and dump? Considering the lack of volume one wouldn't think so but with the price having been slightly increasing since about 20:00 EST last night until now I'm wondering if a dump is in our near future?
At Huobi the price went up in 4 separate spurts, but has been falling gradually between the spurts.  Is that how the "pump" part of pump-and-dump looks like?
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May 14, 2014, 12:00:49 PM


Explanation
niothor
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May 14, 2014, 12:07:03 PM

Are we in the midst of a pump and dump? Considering the lack of volume one wouldn't think so but with the price having been slightly increasing since about 20:00 EST last night until now I'm wondering if a dump is in our near future?

Stop seeing pump and dumps with every 10$ price move Smiley.

10 dollars is like 2%, right.

Was analyzing Mt.Gox price data from 2010. There were some mighty pumps and dumps. 20-30kBTC volume in 5 minutes. Price swinging by 5-20%. Then when you look more carefully, the USD volume is <10k$. It was nothing more than somebody's fiat just cleared.   Cheesy

Buying and selling BTC1k now is very probably just normal balancing of portfolio for a merchant or exchanger, or investor.

I agree that this small change in price is nothing.
And if I look at the graph...it's not even a 10$ price change , if you exclude the dip yesterday.
ChartBuddy
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May 14, 2014, 01:00:48 PM


Explanation
akujin
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May 14, 2014, 01:42:49 PM


 Grin Grin Grin
ChartBuddy
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May 14, 2014, 02:00:49 PM


Explanation
Richy_T
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May 14, 2014, 02:22:25 PM

Is it not obvious that without FRESH FIAT (I think I am going to change my user name to this) that these markets cannot go up? And there is no way for fresh fiat to reach the Chinese exchanges.


"Can not"? No. "Will not"? Probably.
oda.krell
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May 14, 2014, 02:29:56 PM

It bothers me that this recent 'no action at all' phase bothers me so much.

I really think I just shouldn't care, take a break maybe, made more than enough profit in the past months after all, and isn't this what the LT investors always hope for, stability? Yeah, that's what I should feel...

In reality of course it's driving me crazy. "Make up your mind already, market!", he said, angrily glaring at btcwisdom.
ChrisML
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May 14, 2014, 02:43:27 PM

OMG OMG OMG.

$443. TO DA MOON?!!  Grin

Keep on hodling peepl!
zoinky
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May 14, 2014, 02:44:19 PM

It bothers me that this recent 'no action at all' phase bothers me so much.

I really think I just shouldn't care, take a break maybe, made more than enough profit in the past months after all, and isn't this what the LT investors always hope for, stability? Yeah, that's what I should feel...

In reality of course it's driving me crazy. "Make up your mind already, market!", he said, angrily glaring at btcwisdom.

It's made up its mind Smiley
ChartBuddy
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May 14, 2014, 03:00:46 PM


Explanation
spooderman
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May 14, 2014, 03:03:47 PM

Just interested whether anyone can point me to a remotely similar situation - perhaps a commodity that is heavily controlled in some countries but traded freely in others - so that some understanding of the implications for the global market may be understood.

Gold was forbidden to own in the United States between 1933 and 1974, punishable by $10,000 fine and/or 10 years imprisonment.

Meanwhile in the free world, the price went up from $20 to $195 during that period.

Background.

This is potentially the most relevant thing to think about that anyone has posted here for a while.
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