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Question: How far will this leg take us?
$110K - 9 (8.3%)
$120K - 19 (17.6%)
$130K - 17 (15.7%)
$140K - 9 (8.3%)
$150K - 19 (17.6%)
$160K - 2 (1.9%)
$170K+ - 33 (30.6%)
Total Voters: 108

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26842295 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 1 users with 9 merit deleted.)
greenlion
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May 15, 2014, 02:49:39 AM

There was an article 6 months ago where paypal said they were looking at btc and had been for a while.  Now they are looking at btc.  So?

No I don't have a link, only my faulty memory. 

This can be the new anti-China. "Paypal STILL considering Bitcoin"!
shmadz
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May 15, 2014, 02:52:41 AM

uh oh, looks like the ground is shaking... (huobi looks to be going up)

I really hope this is a bulltrap.

*edit* askwall coming down and flattening on huobi, probably false alarm, although if the 440 askwall at btc-e were to get eaten, things might get exciting.
YipYip
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May 15, 2014, 02:56:51 AM



probably a good idea to hit buy BEFORE you fap....

Be still my beating heart as that looks like BITCOIN CAMEL TOE ....AWESOME !!!    Cool  

Camel Toe is a bullish TA signal, right???

 Cheesy Cheesy Cheesy

Its certainly giving me an uptrend Cheesy
chessnut
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May 15, 2014, 03:00:13 AM

This afternoon at the china financial summit (more or less now), they are scheduled to talk about internet finance/payment. no doubt bitcoin will be mentioned.

I wonder, is this private or public?

any chinese whispers going about? some people are putting together the puzzle?
ChartBuddy
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May 15, 2014, 03:00:50 AM


Explanation
TooDumbForBitcoin
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May 15, 2014, 03:09:21 AM



probably a good idea to hit buy BEFORE you fap....

Be still my beating heart as that looks like BITCOIN CAMEL TOE ....AWESOME !!!    Cool  

Camel Toe is a bullish TA signal, right???

 Cheesy Cheesy Cheesy

Its certainly giving me an uptrend Cheesy

Those things are faker than dogecoin.
kireinaha
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May 15, 2014, 03:21:20 AM

Massive wall put up on bitstamp at $450. Bears are getting desperate!
dropt
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May 15, 2014, 03:23:12 AM

Massive wall put up on bitstamp at $450. Bears are getting desperate!

Are we watching the same charts? 300BTC isn't what I'd call "massive".
mah87
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May 15, 2014, 03:24:09 AM

Massive wall put up on bitstamp at $450. Bears are getting desperate!

lol
derpinheimer
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May 15, 2014, 03:26:27 AM

Massive wall put up on bitstamp at $450. Bears are getting desperate!

Are we watching the same charts? 300BTC isn't what I'd call "massive".

Yeah, and its been there the whole time lol. (around 2 days old)
ChartBuddy
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May 15, 2014, 04:00:48 AM


Explanation
Walsoraj
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May 15, 2014, 04:02:07 AM

How long has the total ask side on Stamp remained around 21,000 btc? Seems like at least 6 months, probably longer. Any theories as to why?
akujin
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May 15, 2014, 04:12:11 AM

oh look at that... stupid huobi broke the wall... I guess they doesn't know where to go now Grin Grin Grin
Bitcoin_is_here_to_stay
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May 15, 2014, 04:21:43 AM

oh look at that... stupid huobi broke the wall... I guess they doesn't know where to go now Grin Grin Grin

What wall? I think TERA meant bounce down from 2760 on Huobi - so far we are still down  Huh

I think that breaking over 2800 would be meaningful - providing it is not on very anemic volume.
Bitcoin_is_here_to_stay
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May 15, 2014, 04:23:47 AM

How long has the total ask side on Stamp remained around 21,000 btc? Seems like at least 6 months, probably longer. Any theories as to why?

Has been bigger 25-28k btc even in the last couple weeks. Why what? Same ask volume or 21k btc?

Imho, some of these ask are old, wishful thinking asks for couple thousand $ per btc "just in case".
akujin
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May 15, 2014, 04:29:07 AM

oh look at that... stupid huobi broke the wall... I guess they doesn't know where to go now Grin Grin Grin

What wall? I think TERA meant bounce down from 2760 on Huobi - so far we are still down  Huh

I think that breaking over 2800 would be meaningful - providing it is not on very anemic volume.
the wall from this one  Cheesy
JayJuanGee
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May 15, 2014, 04:36:18 AM

I own more BTC than 99.9% of the world population combined. Of course I am feeling lucky!
Well, I am still doubling my BTC holdings every day since December.  Beat that!  Wink



That's impossible if you started out with any satoshis.  Even starting with 1 satoshi, after one month, you would have more than 1 BTC.  After 2 months, you would have more than 100million bitcoins, which is far more than the supply ever to be made, unless you were dealing with gox coins, which are magical.  The magic of compounding interest is truly amazing!!!! 

Thanks Jay, as soon as I saw that post I was gonna try to do the math to call him out on his absolute bullshit, but then I realized it wasn't worth my time.

also thanks for using NOT one annoying quirk in that entire post.

 Grin

 Wink    Cheesy
ChartBuddy
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May 15, 2014, 05:00:47 AM


Explanation
JorgeStolfi
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May 15, 2014, 05:01:21 AM

I can't find any new facts about China; only news, such as these:

International Business Times, 2014-05-13:
Chinese Bitcoin Exchanges Planning to go Offshore to Escape PBOC Crackdown
http://www.ibtimes.co.uk/chinese-bitcoin-exchanges-planning-go-offshore-escape-pboc-crackdown-1448335
"Leon Li, founder and CEO of Huobi [said:] 'We don't want to touch the customers' money in China, because maybe [regulation] is going to get worse'"

Want China Times, 2014-05-10
Trading platforms struggle as more banks ban bitcoin in China
http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140510000119&cid=1102&MainCatID=11
"'If China maintains tough regulatory policies, the price of bitcoin will definitely keep dropping, 'said Du Jun, co-founder of Huobi. [ ... ] Li Qiyuan, CEO of BTC China, said more exchanges may close down in the future."

Yet, looking at the charts, it seems that the Chinese traders are growing more confident, gradually.  It is the "plane didn't crash yet, perhaps there is no ground below" syndrome?

On the other hand, I understand that some customers of FXBTC are furious because the exchange shut down at 24:00 of May/09 instead of 00:00 of May/10, as they had announced:
http://bitcoinnewsbrief.com/blog/2014/05/14/shutdown-of-chinas-fxbtc-exchange-leads-to-customer-outrage/
Huh Cheesy 
jl2012
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May 15, 2014, 05:12:16 AM

I can't find any new facts about China; only news, such as these:

International Business Times, 2014-05-13:
Chinese Bitcoin Exchanges Planning to go Offshore to Escape PBOC Crackdown
http://www.ibtimes.co.uk/chinese-bitcoin-exchanges-planning-go-offshore-escape-pboc-crackdown-1448335
"Leon Li, founder and CEO of Huobi [said:] 'We don't want to touch the customers' money in China, because maybe [regulation] is going to get worse'"

Want China Times, 2014-05-10
Trading platforms struggle as more banks ban bitcoin in China
http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140510000119&cid=1102&MainCatID=11
"'If China maintains tough regulatory policies, the price of bitcoin will definitely keep dropping, 'said Du Jun, co-founder of Huobi. [ ... ] Li Qiyuan, CEO of BTC China, said more exchanges may close down in the future."

Yet, looking at the charts, it seems that the Chinese traders are growing more confident, gradually.  It is the "plane didn't crash yet, perhaps there is no ground below" syndrome?

On the other hand, I understand that some customers of FXBTC are furious because the exchange shut down at 24:00 of May/09 instead of 00:00 of May/10, as they had announced:
http://bitcoinnewsbrief.com/blog/2014/05/14/shutdown-of-chinas-fxbtc-exchange-leads-to-customer-outrage/
Huh Cheesy 

isn't 24:00 of May/09 = 00:00 of May/10?
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