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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26370772 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.)
Raystonn
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July 12, 2014, 07:12:57 AM

Nice panic buy from a large investor.
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ShroomsKit
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July 12, 2014, 07:22:38 AM

Nice panic buy from a large investor.


Nice panic selling right away from other people.
wasserman99
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July 12, 2014, 07:23:47 AM

Nice panic buy from a large investor.

Hehe, yeah that's a nice long shadow on that candle. There's definitely some buying pressure here, we're just at a resistance level. This looks like a pretty natural pullback, haven't even made it to the .382 on any of the exchanges. No panic selling here.
ShroomsKit
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July 12, 2014, 07:33:20 AM

Nice panic buy from a large investor.

Hehe, yeah that's a nice long shadow on that candle. There's definitely some buying pressure here, we're just at a resistance level. This looks like a pretty natural pullback, haven't even made it to the .382 on any of the exchanges. No panic selling here.

Not panic selling indeed. Just people taking every little profit they can. We go up 8 bucks and everybody dumps straight into it. It really shows that a big rally up is not something they are expecting anytime soon.
We've had some large buys the last few days and instead of it motivating people to buy it motivates them to dump.
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July 12, 2014, 07:34:48 AM

Nice panic buy from a large investor.

Hehe, yeah that's a nice long shadow on that candle. There's definitely some buying pressure here, we're just at a resistance level. This looks like a pretty natural pullback, haven't even made it to the .382 on any of the exchanges. No panic selling here.

Not panic selling indeed. Just people taking every little profit they can. We go up 8 bucks and everybody dumps straight into it. It really shows that a big rally up is not something they are expecting anytime soon.
We've had some large buys the last few days and instead of it motivating people to buy it motivates them to dump.

People started trading more and more and now they want to profit all the time. I seem to think they aren't in BTC for the long run anymore.
CEG5952
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July 12, 2014, 07:44:38 AM

Nice panic buy from a large investor.

Hehe, yeah that's a nice long shadow on that candle. There's definitely some buying pressure here, we're just at a resistance level. This looks like a pretty natural pullback, haven't even made it to the .382 on any of the exchanges. No panic selling here.

Not panic selling indeed. Just people taking every little profit they can. We go up 8 bucks and everybody dumps straight into it. It really shows that a big rally up is not something they are expecting anytime soon.
We've had some large buys the last few days and instead of it motivating people to buy it motivates them to dump.

People started trading more and more and now they want to profit all the time. I seem to think they aren't in BTC for the long run anymore.

That's just traders. I think that's partly a reflection of the current market -- retail may be waiting to jump in, but they're still on the sidelines. All recent movements are mostly short term speculators/traders, not the bubble-driving average joes.
elebit
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July 12, 2014, 07:49:16 AM

Nice panic buy from a large investor.
Nice panic selling right away from other people.

Nah. Not much panic in there. We've hovered around 635-640 for almost six hours now. Not much to trade on unless you have zero fees.
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July 12, 2014, 07:51:33 AM

Currently, we have just one way to go. Everyone is starting to understand it. You have to be super hyper bear to think we are going down. The avalanche of fresh fiat is on its way...
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July 12, 2014, 07:53:32 AM

...always the same
first wave cashes out
the uptrend continues
panic buying to catch the second wave...
keep calm - 12h macd is on it's way to green
1h macd will follow
those are my sentiments  Grin
 
ChartBuddy
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July 12, 2014, 08:00:22 AM


Explanation
edwardspitz
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July 12, 2014, 08:23:38 AM

Bear-bot running on Finex selling 0.5 BTC every 8 seconds or so. China is not following Stamps attempts to move up. Doesn't look super good to me.
elebit
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July 12, 2014, 08:27:21 AM

Bear-bot. I like the sound of that. Sounds like a movie I'd pay good money to see! Godzilla has nothing on Bear-bot!
edwardspitz
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July 12, 2014, 08:34:30 AM

Bear-bot. I like the sound of that. Sounds like a movie I'd pay good money to see! Godzilla has nothing on Bear-bot!

He he. It's out now on a chart near you! I'm looking forward to Godzilla vs. Bear-bot  Smiley
billyscuz
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July 12, 2014, 08:36:36 AM

seems that the down momentum is petering out in China.... up soon? Smiley
rebuilder
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July 12, 2014, 08:37:27 AM

We're going down again. What a surprise.

What are you talking about?
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July 12, 2014, 08:46:50 AM

We're going down again. What a surprise.

What are you talking about?

Now we are on weekends, so not expect much movement. Go enjoy your weekend and come back to Monday.
Wolf Rainer
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July 12, 2014, 08:55:35 AM

We are going up again, its a hard fight but the train it´s still in up trend.
ShroomsKit
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July 12, 2014, 08:55:54 AM

We're going down again. What a surprise.

What are you talking about?

That we went down a while back. Do you have problems reading?
ChartBuddy
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July 12, 2014, 09:00:21 AM


Explanation
rebuilder
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July 12, 2014, 09:16:07 AM

We're going down again. What a surprise.

What are you talking about?

That we went down a while back. Do you have problems reading?

Not at all! I just don't think price fluctuations of a few dollars mean we're going in any direction. It's a choppy market, the last move was up from 610 to 640 or so. I don't see how 630+ is 'down' in any meaningful sense.
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