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

[mmitech]

That fake volume on huobi... 400btc trades out of nowhere and without any ask even near. What a joke 

OKCoin is also doing an OK job.

Yep... would never put a satoshi on the exchange like that 

Bitcoinwisdom stacks the orders, its not one alone

They're still fake orders.

and this is why I don't trust Chinese exchanges (except btcchina maybe) and I wouldn't use them even if they were the last exchanges on earth.

[octaft]

For those of you calling fake on the chinese exchanges, do you think the volume was fake when China was driving us up?

[elasticband]

For those of you calling fake on the chinese exchanges, do you think the volume was fake when China was driving us up?

that was willy the wonky trading bot, purpose was to buy up BTC to a certain price point and then create a mass dump off. It's amazing what you can do when you control fiat markets and can just print fresh paper money and add 0's to the bank balance. Mtgox didn't loose all those BTC, they were bought with a fake injection of USD from the people who control the paper money system. reality hurts i know.

[mmitech]

For those of you calling fake on the chinese exchanges, do you think the volume was fake when China was driving us up?

At the time there were no Huobi, and OKcoin was barely even known, Btcchina was the Chinese leader exchange... and I dont believe the volume was made up at the time.

[grappa_barricata]

[podyx]

Why the fuck are huobi so dump happy?

[elasticband]

WHALE DUMP!!!!

[esse83]

BTCChina at 1957..

edit: seems like some miniwhale is using the illiquid markets of btcchina to force the other chinese exchanges down..

[elasticband]

BTCChina at 1957..

guess i was right   wonder how i knew 

[ChartBuddy]

Explanation

[fonzie]

If i were a conspiracy theorist i would say someone is trying to use China with fake CNY and fake BTC to get his bids at Stamp and Finex filled.
Also: Were are all these abitrage bots i heard of?

BTCChina almost 13$ below Stamp..

[elasticband]

If i were a conspiracy theorist i would say someone is trying to use China with fake CNY and fake BTC to get his bids at Stamp and Finex filled.
Also: Were are all these abitrage bots i heard of?

I'm so not into conspiracies, only facts 

For those of you calling fake on the chinese exchanges, do you think the volume was fake when China was driving us up?

that was willy the wonky trading bot, purpose was to buy up BTC to a certain price point and then create a mass dump off. It's amazing what you can do when you control fiat markets and can just print fresh paper money and add 0's to the bank balance. Mtgox didn't loose all those BTC, they were bought with a fake injection of USD from the people who control the paper money system. reality hurts i know.

[noobtrader]

BULLISH !!!

permabull never fear !!!


http://www.ft.com/intl/cms/s/0/aaffed22-63b0-11e4-8216-00144feabdc0.html

http://www.arabnews.com/economy/news/654621

The forex manipulation, revealed after banks were already under scrutiny for profiteering in the setting of benchmark lending rates, relates to daily fixing rates which traders are alleged to have manipulated.

[N12]

When BTC-E is much higher than an exchange, you know what's up.

[noobtrader]

When BTC-E is much higher than an exchange, you know what's up.

even forex can be manipulated...

[mmitech]

Most of the comments here imply that many of you are full BTC...really bearish 

[arogatos]

Bitcoin can't even consolidate and is still fighting to not go below $266. I don't understand how some of you are claiming the next bubble is starting soon. Is not the most clear indicator of full denial?

So is depression and despair all it takes to get this bubble started.

OK then.  
Bitcoin is dead!  It is going nowhere!  

(we can go up now)

Words need to be followed by actions, or it doesn't mean anything.
And anyway, even if we reached bottom (which maybe not) bitcoin is not probably going to rally any time soon. First it needs boring months of consolidation, where people can start forgetting how painful is going down for months. So they can start slowly gaining confidence and buying again.

couldn't agree more...

[BearWhaleLives]

Most of the comments here imply that many of you are full BTC...really bearish 

Comments do not count for anything.  Every technical indicator one can apply to Bitcoin indicates the price is heading down.

[grappa_barricata]

BTCChina at 1957..

edit: seems like some miniwhale is using the illiquid markets of btcchina to force the other chinese exchanges down..

Miniwhale? Looks like Godzilla to me

[elasticband]

After  selling off another chunk on the up today i am now 20% fiat 80% BTC..... Normally i am 97.5% BTC so this is very bearish for me.