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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.8%)
7/28 - 11 (8.9%)
8/4 - 16 (12.9%)
8/11 - 8 (6.5%)
8/18 - 6 (4.8%)
8/25 - 8 (6.5%)
After August - 74 (59.7%)
Total Voters: 124

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26491167 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.)
dnaleor
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May 27, 2014, 10:46:51 AM

uptrend still intact. If I needed to place a bet: 650 USD within 36 hours.
edit: but I don't need to, I already joined Risto's prediction game Wink
ChrisML
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May 27, 2014, 10:48:01 AM

uptrend still intact. If I needed to place a bet: 650 USD within 36 hours.


Thats optimistic... But so is the market. Wink Lets hope so!
wachtwoord
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May 27, 2014, 10:48:48 AM

uptrend still intact. If I needed to place a bet: 650 USD within 36 hours.
edit: but I don't need to, I already joined Risto's prediction game Wink

The prediction game isn't quite that short term Wink
YipYip
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May 27, 2014, 10:56:06 AM

Isn't it fishy that the moment the market approaches 600... BitFinex conveniently experience a database failure, causing panic and margin traders to close their position?

The house always wins.

Sorry i ahve to agree ..there was 2 shakings of the tree and finally after it had been thinned out the big dump

Clear out all margined longs ...does not go below 550 so as to not scare everbody too much & now back to the same ~570 and climbing

bitfinex
500plus is an etf that trade btc ltc

I gotta say Specialists aka Market makers aka insider traders aka dodgy exchanges

Definately feels like a rigged carny game to me

P.S I am old school & own coins so as not get caught in these lovely traps Wink

ChartBuddy
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May 27, 2014, 11:00:35 AM


Explanation
dreamspark
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May 27, 2014, 11:00:44 AM

Isn't it fishy that the moment the market approaches 600... BitFinex conveniently experience a database failure, causing panic and margin traders to close their position?

The house always wins.

Sorry i ahve to agree ..there was 2 shakings of the tree and finally after it had been thinned out the big dump

Clear out all margined longs ...does not go below 550 so as to not scare everbody too much & now back to the same ~570 and climbing

bitfinex
500plus is an etf that trade btc ltc

I gotta say Specialists aka Market makers aka insider traders aka dodgy exchanges

Definately feels like a rigged carny game to me

P.S I am old school & own coins so as not get caught in these lovely traps Wink



The theory is all well and good until you actually look at some data and realise that if anything more longs were opened rather than clear out all the margin longs.

dnaleor
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May 27, 2014, 11:01:01 AM

uptrend still intact. If I needed to place a bet: 650 USD within 36 hours.


Thats optimistic... But so is the market. Wink Lets hope so!

yeah, we will see Smiley

It often happens when people are saying "the rally is too fast" it is still early days.

I think a correction will occur, but probably when we try to break 710 USD (the previous significant lower high)
UnDerDoG81
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May 27, 2014, 11:01:51 AM

Looks like hodling and not panicking pays out. $100 more and I am at +- 0  Cheesy
macsga
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Strange, yet attractive.


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May 27, 2014, 11:02:48 AM

YipYip
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May 27, 2014, 11:06:03 AM

Isn't it fishy that the moment the market approaches 600... BitFinex conveniently experience a database failure, causing panic and margin traders to close their position?

The house always wins.

Sorry i ahve to agree ..there was 2 shakings of the tree and finally after it had been thinned out the big dump

Clear out all margined longs ...does not go below 550 so as to not scare everbody too much & now back to the same ~570 and climbing

bitfinex
500plus is an etf that trade btc ltc

I gotta say Specialists aka Market makers aka insider traders aka dodgy exchanges

Definately feels like a rigged carny game to me

P.S I am old school & own coins so as not get caught in these lovely traps Wink



The theory is all well and good until you actually look at some data and realise that if anything more longs were opened rather than clear out all the margin longs.



where are you getting this data Huh

And sure ... watchers would go long on a 550 retraction ...i would

the point being they just removed all OLD levergaed longs and also added some fresh meat to teh game ..lolz

WIN WIN Tongue
akujin
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May 27, 2014, 11:07:24 AM

Uh oh! huobi dragging stamp  Grin
dreamspark
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May 27, 2014, 11:09:55 AM



where are you getting this data Huh


Here my friend 

http://charts-bfxdata.rhcloud.com/bitfinexLiquidityUSD.php

Wink
YipYip
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May 27, 2014, 11:27:18 AM



Awesome

we really need a tick chart for all themajor exchanges with a shorts to long ratio indicator as well

really start to open up this carny game that is crypto @ the moment
RandomPedestrianN9
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May 27, 2014, 11:33:42 AM

Pump and dump.
jonsi
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May 27, 2014, 11:34:56 AM

Uh oh! huobi dragging stamp  Grin

Huobi is alwais dragging stamp!
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May 27, 2014, 12:00:39 PM


Explanation
barbs
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May 27, 2014, 12:12:35 PM

Bear trap?  Bull trap?

HuhHuhHuh
jonsi
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May 27, 2014, 12:19:53 PM

Bear trap?  Bull trap?

HuhHuhHuh

They usually go hand in hand untill you fall for both.
ShroomsKit
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May 27, 2014, 12:20:23 PM

Bear trap?  Bull trap?

HuhHuhHuh

Looks like we're simply going back up as there was no real reason for this drop. As always a few whales made money, the sheep who panicked and followed lost money and the smart holders (like me) are doing just fine. Just traders being traders. Now let's break 600. Everybody wants to cross it.
bitgeek
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May 27, 2014, 12:21:00 PM

Looks like hodling and not panicking pays out. $100 more and I am at +- 0  Cheesy
Yeah that's what I'm telling everyone, don't gamble just hold. Stop watching charts all day and live, the profits will come sooner or later Smiley
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