Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[dEBRUYNE]

Breaking 2333 CNY would be very bullish! Let's see if we can achieve that.

[fonzie]

another fakeout.

but hey, fonzie, we can still profit.

Profit like a MF. Today is a good day. I don´t think that it is a fakeout, people told me the same yesterday @370$, but we will see.
I went long 10x @360$ with 35 BTC collateral
I think we will grind up slowly to 390-400$, after that we will probably see a nice candle to 420+$
Happy trading to you. May the money flow( into our pockets) 

[fonzie]

Breaking 2333 CNY would be very bullish! Let's see if we can achieve that.

OKcoin already hit 2345

[Tzupy]

The decisive battle is fought in China, and I have no more bearish news to post...

[Walsoraj]

https://bitcointalk.org/index.php?topic=821838.0

It begins.

[dEBRUYNE]

Breaking 2333 CNY would be very bullish! Let's see if we can achieve that.

OKcoin already hit 2345

I noticed that, but their previous top is 2353 (Bitstamps 395.55). So they didn't break their previous top. I should have mentioned I was looking at Huobi.

[fonzie]

Would be nice if we could manage to get a green 3d MACD today/tomorrow.

[fonzie]

Breaking 2333 CNY would be very bullish! Let's see if we can achieve that.

OKcoin already hit 2345

I noticed that, but there previous top is 2353 (Bitstamps 395.55). So they didn't break their previous top. I should have mentioned I was looking at Huobi.

Yeah you´re right!

[billyjoeallen]

Maybe this year wasn't meant to be the year it goes back up to 1000.

I would be really surprised if it did return that quickly. It took 11 months to hit what I hope is the bottom so it could easily take another 11 months to return if not more, of course that's only a pit stop on the way to much higher. 

I'm not calling a bottom but I am short term bullish. There is a 40% chance of a retest of $300, IMHO.

[empowering]

https://bitcointalk.org/index.php?topic=821838.0

It begins.

Does it?

[ShroomsKit]

https://bitcointalk.org/index.php?topic=821838.0

It begins.

Does it?

Ok, we can forget about 400. If such a big buy only results in people dumping then it's pretty clear. Fucking traders.

[N12]

Fucking ShroomsKit spreading fear and panic and causing the traders to dump.

[derpinheimer]

https://bitcointalk.org/index.php?topic=821838.0

It begins.

[blade87]

I had this BTC dream last night that was good an bad. The good : In a two day span we witnessed the epic short squeeze that sent us to $800+. The bad : I was only up 30% in USD value from today's prices so I lost a ton or purchasing power. I was like "yes!!!.... no!!!!!".

Even I'm speculating in my dreams now. Now I know neither part of the dream isn't going to happen any time soon.

[Tzupy]

Fucking ShroomsKit spreading fear and panic and causing the traders to dump.

LOL. He is barking at the wrong tree (Bitstamp), when he should be looking at China.

[SkyValeey]

[ChartBuddy]

Explanation

[klondike_bar]

THE BEARWHALE BULLWHALE

Here's a thought - what if the bearwhale was actually a bullwhale?

1) dump some coins and put a massive 30k sell order wall at $300
2) purchase some long position calls on bitfinex or elsewhere.
3) eat it away using at least one other account, including an 11k purchase. Includes buying any coins being sold below $300.
4) remove the sell order for the last ~10k coins
5) watch the markets increase by 50% in a week, while still holding most of the original number of coins, plus extremely high-profit calls.

seems like by sacrificing ~10k coins to others at $300, the bullwhale effectively reversed the price decline, increasing the value of the remaining coins and probably selling the call positions for a tremendous profit.

is this feasible, or is the bearwhale just a bearwhale?

[tarmi]

Fucking ShroomsKit spreading fear and panic and causing the traders to dump.

LOL. He is barking at the wrong tree (Bitstamp), when he should be looking at China.

in this thread bulls usually look at:

a> china
b> shorts
c> their pockets

[SkyValeey]

...ang longs at 380$ ?