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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 26837133 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.)
medialab101
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August 19, 2014, 11:12:25 PM



2 minutes and 45 seconds of my life that I'll never get back
Newbie1022
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August 19, 2014, 11:12:54 PM

when this thing turns its going to be VIOLENT, the manipulation is totally unsustainable, when is the breaking point is the question.

Violent which way? Or both?
Walsoraj
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August 19, 2014, 11:12:54 PM

when this thing turns its going to be VIOLENT, the manipulation is totally unsustainable, when is the breaking point is the question.

Sodled when you should've hodled? Noob.
justusranvier
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August 19, 2014, 11:14:31 PM

I wouldn't be surprised to learn that Coinbase now buys from BTCChina, instead of Stamp.
That would make a lot of sense.
Richy_T
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August 19, 2014, 11:15:18 PM

A little flashback on the altcoin market which seems to be going to shit pretty soon Grin



No XRP?
justusranvier
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August 19, 2014, 11:15:40 PM



2 minutes and 45 seconds of my life that I'll never get back
Better: https://www.youtube.com/watch?v=-z9Jwp2x86o
Richy_T
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August 19, 2014, 11:16:44 PM

It's hilarious really.  Folks are borrowing Bitcoins to sell (short) to holders, who are taking them off-exchange into cold storage.  It will be hard to find cheap Bitcoins when the shorts have to cover.


Volume is really to thin to be sanely trading leveraged to any serious degree.
Newbie1022
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August 19, 2014, 11:18:43 PM

14th August shorts were 2,766 now they are 7,050 thats an increase of 154.88%

Yup. I think we know this isn't the real deal this time. BUT, those shorting might get squeezed anyways on the volatility... and, if they get squeezed hard enough, what shouldn't have been the rally becomes the rally. So... the plot thickens. Dangerous market right now.
adamstgBit
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August 19, 2014, 11:18:59 PM



lets keep in mind bitfinx was about 1/100th the size, post bubble.

long term we see increasing demand for longs while demand for shorts is decreasing.

bullish?
Sandia
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August 19, 2014, 11:22:47 PM

14th August shorts were 2,766 now they are 7,050 thats an increase of 154.88%

7k in buys would theoretically take us back to 580.
Torque
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August 19, 2014, 11:23:16 PM

14th August shorts were 2,766 now they are 7,050 thats an increase of 154.88%

Yup. I think we know this isn't the real deal this time. BUT, those shorting might get squeezed anyways on the volatility... and, if they get squeezed hard enough, what shouldn't have been the rally becomes the rally. So... the plot thickens. Dangerous market right now.

TL;DR - Either the shorts know something that we don't know, or they are absolutely stupid as fuck.
Walsoraj
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August 19, 2014, 11:28:49 PM

If the shorts/longs work anything like bid/ask walls, then both sides are deceptive and probably controlled by the same person or group. Lots of shorts appears bearish to noobs and is therefore bullish.

 Wink Cheesy  Cool
Odalv
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August 19, 2014, 11:29:45 PM

14th August shorts were 2,766 now they are 7,050 thats an increase of 154.88%

Yup. I think we know this isn't the real deal this time. BUT, those shorting might get squeezed anyways on the volatility... and, if they get squeezed hard enough, what shouldn't have been the rally becomes the rally. So... the plot thickens. Dangerous market right now.

TL;DR - Either the shorts know something that we don't know, or they are absolutely stupid as fuck.

exactly what I think, or it is some sort of manipulation
mah87
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August 19, 2014, 11:30:31 PM

Well Ripple will dominate the crytoworld soon and you all know it deep inside of you even if you're too dumb to get it yet =D
grappa_barricata
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playing pasta and eating mandolinos


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August 19, 2014, 11:34:23 PM

Well Ripple will dominate the crytoworld soon and you all know it deep inside of you even if you're too dumb to get it yet =D

Is there any chance you own a ton of those 'ripple' you are talking about?  Shocked
mah87
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August 19, 2014, 11:36:32 PM

Well Ripple will dominate the crytoworld soon and you all know it deep inside of you even if you're too dumb to get it yet =D

Is there any chance you own a ton of those 'ripple' you are talking about?  Shocked

Knowing that ripple will rule the world soon of course I do at much as I can of this network.
CoinRocka
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August 19, 2014, 11:36:56 PM

Well Ripple will dominate the crytoworld soon and you all know it deep inside of you even if you're too dumb to get it yet =D

 Grin Grin Grin






wait, your serious?!?   Shocked




 Cool
vuduchyld
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August 19, 2014, 11:37:20 PM

when this thing turns its going to be VIOLENT, the manipulation is totally unsustainable, when is the breaking point is the question.

Sodled when you should've hodled? Noob.

My new favorite poster!
Wandererfromthenorth
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August 19, 2014, 11:37:25 PM

Orderbooks on Bitfinex and Stamp and the graphs indicate that the market is betting on another drop soon enough, I'm guessing down to $400-$380 looking at the support that formed around that area.

Then it will probably recover.


That would also benefit the bulls later on since there will be a lot of longs taken out.
mah87
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August 19, 2014, 11:38:54 PM

Well Ripple will dominate the crytoworld soon and you all know it deep inside of you even if you're too dumb to get it yet =D

 Grin Grin Grin






wait, your serious?!?   Shocked




 Cool

Of course. People like you they just don't know. Smiley
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