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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 26405751 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.)
vuduchyld
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August 20, 2014, 07:29:35 PM

This shit is crazy right now.
Yololintian
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August 20, 2014, 07:30:17 PM

LOL at these idiots refusing to close their shotrs
ErnieX
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August 20, 2014, 07:30:23 PM

I say 520 in next few hours.

woohoo $520  Cheesy
SirChiko
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August 20, 2014, 07:30:30 PM

Ahh dammit we are heading straight up...and someone talked about breaking 510 walls a while ago.
And i fucked up with my coins...fukkk.
Capt Drake
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August 20, 2014, 07:30:49 PM

I'm already FULL BTC

CMON BRING IT ON
grappa_barricata
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playing pasta and eating mandolinos


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August 20, 2014, 07:33:46 PM

Hey, pictures of less fortunate people, dead animals, wtf? Keep it cool, gents.
blatchcorn
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August 20, 2014, 07:33:56 PM

thefunkybits
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August 20, 2014, 07:34:58 PM

lets see a nice short liquidation cascade!


Can anyone make an educated guess at what point the shorts could get liquidated?

I'd think it would be alot higher than this, but I have no idea how to properly calculate

riiiising
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August 20, 2014, 07:36:27 PM


Choooooooooo choooooooooooooooo CHOOOOOOOOOOOO
tavitavi
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August 20, 2014, 07:36:52 PM

http://media0.giphy.com/media/rl0FOxdz7CcxO/giphy.gif
Wandererfromthenorth
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August 20, 2014, 07:37:13 PM

lets see a nice short liquidation cascade!


Can anyone make an educated guess at what point the shorts could get liquidated?

I'd think it would be alot higher than this, but I have no idea how to properly calculate


It's all stop losses, it would require a lot more upside to actually trigger the majority of shorts to get margin called.
vuduchyld
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August 20, 2014, 07:37:29 PM

Seriously, though, do y'all believe in this run?  I mean, it's not sustainable, is it?

Keeping some powder dry, not trying to find THE bottom, still.  If I don't buy again for a while, that's OK.
Newbie1022
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August 20, 2014, 07:37:39 PM

lets see a nice short liquidation cascade!


Can anyone make an educated guess at what point the shorts could get liquidated?

I'd think it would be alot higher than this, but I have no idea how to properly calculate



They'll throw in the towel around $525 even if they don't get liquidated I'd imagine. Unless they are cray cray.
hd060053
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August 20, 2014, 07:38:27 PM

is this the beginning of 2014 rally ?
Newbie1022
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August 20, 2014, 07:38:43 PM

Seriously, though, do y'all believe in this run?  I mean, it's not sustainable, is it?

Keeping some powder dry, not trying to find THE bottom, still.  If I don't buy again for a while, that's OK.

We'll get a solid run... the shorts will back out... likely stops temporarily at $550. You might as well jump in on the short term free money giveaway, though.
ImI
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August 20, 2014, 07:38:48 PM

lets see a nice short liquidation cascade!


Can anyone make an educated guess at what point the shorts could get liquidated?

I'd think it would be alot higher than this, but I have no idea how to properly calculate


It's all stop losses, it would require a lot more upside to actually trigger the majority of shorts to get margin called.

educated guess = 640+ 
vuduchyld
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August 20, 2014, 07:40:18 PM

lets see a nice short liquidation cascade!


Can anyone make an educated guess at what point the shorts could get liquidated?

I'd think it would be alot higher than this, but I have no idea how to properly calculate



They'll throw in the towel around $525 even if they don't get liquidated I'd imagine. Unless they are cray cray.
.

So...like, NOW?  (Just hit 525.  legendary run)
blatchcorn
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August 20, 2014, 07:40:46 PM

PANIC BUY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Newbie1022
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August 20, 2014, 07:41:03 PM

Ahh dammit we are heading straight up...and someone talked about breaking 510 walls a while ago.
And i fucked up with my coins...fukkk.

That would be me... for future reference, you can use a stop buy order for the reverse of it's normal purpose when you know there is a technical point that will change situation and you don't want to hover over your computer for hours on end.
Phillis
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August 20, 2014, 07:41:08 PM

i honestly think we will stop around 530-550. But yeah, this isn't too sustainable, so we'd likely see a little correction.
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