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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 26837052 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.)
bitgeek
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June 06, 2014, 11:42:14 AM

If there are no panic news it should go up. May take a week or 2 but we'll reach $700. Watching bitcoin makes me think of a growing plant, it has its problems, sometimes stops for a while, but eventually gets there... or dies.
wachtwoord
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June 06, 2014, 11:55:24 AM

Did anyone notice the new largest Bitcoin balance at a single address? https://blockchain.info/address/1AZVcgGjb64XYzmAXwQyWCmvsZriQoiJw

It changed a few days ago an came (with a  few hops) from https://blockchain.info/address/1EFJUipfCHFmmTFkF9vvjFKdBf3VbfvarM?offset=0&filter=0
JorgeStolfi
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June 06, 2014, 11:58:50 AM

Nevertheless, BTCChina is still keeping above 4000 CNY.
Price at all exchanges, big or small, moves together due to arbitrage trading. 

BTC-China stopped using Alipay and bank transfers, and switched to a voucher system, after the December "five agencies" decree; while Huobi kept accepting deposits into the CEO's personal account, switching later to a corporate account.  This was well reported at the time, and the sudden loss of >90% of  volume at BTC-China, while Huobi's volume increased, was attributed to that.  It is not my speculation.

If China does not define the price, then why is it that events relevant to the Chinese market but irreleveant to the "West" (like the December decree, the March Caixin leak, and subsequent deadlines and closures), have dramatic effect on price; while events that are relevant to the "West" but irrlevant to the Chinese have no visible effect at all?
gentlemand
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June 06, 2014, 12:01:03 PM

Did anyone notice the new largest Bitcoin balance at a single address? https://blockchain.info/address/1AZVcgGjb64XYzmAXwQyWCmvsZriQoiJw

It changed a few days ago an came (with a  few hops) from https://blockchain.info/address/1EFJUipfCHFmmTFkF9vvjFKdBf3VbfvarM?offset=0&filter=0

The 183,000 figure that transferred into the second address was the Bitstamp audit I presume.
ChartBuddy
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June 06, 2014, 12:01:08 PM


Explanation
dnaleor
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Want privacy? Use Monero!


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June 06, 2014, 12:03:26 PM

Bitcoin on verge of breakout:
JorgeStolfi
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June 06, 2014, 12:05:52 PM

Jorge, Did you read Ladislav Kristoufek's paper yet?
http://arxiv.org/pdf/1406.0268v1.pdf
Yes, when it was first posted here.

Any comments?
One already yesterday, check my latest posts.  More to follow later.
Parazyd
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June 06, 2014, 12:08:47 PM

Did anyone notice the new largest Bitcoin balance at a single address? https://blockchain.info/address/1AZVcgGjb64XYzmAXwQyWCmvsZriQoiJw

It changed a few days ago an came (with a  few hops) from https://blockchain.info/address/1EFJUipfCHFmmTFkF9vvjFKdBf3VbfvarM?offset=0&filter=0

The 183,000 figure that transferred into the second address was the Bitstamp audit I presume.

Yes. There was a public announcement from Bitstamp that they were auditing and they published their cold wallet address.
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June 06, 2014, 12:27:36 PM

Guys, be careful of going into btc-e through Google. There is phishing site advertised with Adwords that leads to lbtc-e-com. It looks same, only prices are bit outdated, if it wasn't to prices I would probably be done there.
FNG
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June 06, 2014, 12:31:39 PM

Huobi looking like it's about to lead the charge higher
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June 06, 2014, 12:31:52 PM

http://www.coindesk.com/facebook-approves-first-cryptocurrency-tipping-apps/

Facebook joined the game this morning Grin
edwardspitz
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June 06, 2014, 12:32:51 PM

Bitcoin on verge of breakout:

Price has been following that main line so closely the last couple of days. I started drawing a line while zoomed in. I then zoomed out and saw it went all the way back to may 20th.
Parazyd
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June 06, 2014, 12:33:58 PM


The moon is too close...  TO JUPITER!!!1!
0x3d
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June 06, 2014, 12:38:13 PM


Damn right! Apple (half-assed approval), eBay (soonTM), Facebook (today), the heck, what else do we need for this to go north at the speed of light?
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June 06, 2014, 12:39:52 PM


Damn right! Apple (half-assed approval), eBay (soonTM), Facebook (today), the heck, what else do we need for this to go north at the speed of light?

Just wait until tonight or tomorrow then the US wakes up. Shit's gonna hit the fan (in a good way).
JorgeStolfi
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June 06, 2014, 12:44:31 PM

Maybe he can write a rebuttal and try and have it published?
That paper was deposited at ArXiv.
faalhaas
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June 06, 2014, 12:45:07 PM


Damn right! Apple (half-assed approval), eBay (soonTM), Facebook (today), the heck, what else do we need for this to go north at the speed of light?

Just wait until tonight or tomorrow then the US wakes up. Shit's gonna hit the fan (in a good way).

And still sinking , btc is doomed.
Krabby
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June 06, 2014, 12:59:59 PM

What is that wall guy trying to do?
ChartBuddy
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June 06, 2014, 01:01:10 PM


Explanation
Parazyd
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Space Lord


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June 06, 2014, 01:02:06 PM

What is that wall guy trying to do?

Didn't you get it already? Cheesy
He's doing that so he can buy up all the bids that are below his.
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