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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25883. (Read 26711245 times)

full member
Activity: 154
Merit: 100
playing pasta and eating mandolinos
newbie
Activity: 12
Merit: 0
a little crack pot TA never hurt anyone..

http://s12.postimg.org/xbm53ue25/Untitled.png

Where did you found this chart buddy?
I'm new..
I bought 50btc today.
newbie
Activity: 22
Merit: 0
Seems that we can't break through the 480$ wall, oh wait there's no wall... why the price keep rebounding from that value?
legendary
Activity: 1988
Merit: 1077
Honey badger just does not care
These dumpers are only going to stop dumping when they believe that it is NO longer in their interest to dump and that they can NO longer get any potential advantage from dumping...

This exactly is the problem, dumping earns a lot of people a lot of money. Start with 1000 BTC, dump them @ $480. When panic sell starts (and it always start) buy back at $465. That leaves you with 1032 BTC from starting 1000. Rinse & repeat, this time starting with 1032, transform them to 1065 in the next dump. Repeat again... Dumpers don't care if BTC will get to $500, or $1.000, or $10.000 by the end of the this year, or the next year, or 2016, when BTC gets there they will have a lot more BTC without investing fresh fiat. All that they have to do is not make the mistake when to start selling, but they already have a lot earned on the exchanges to cover for some errors in that regard. Easy BTC. It's hard to argue that they should just leave the BTC price to soar. They know it will eventually soar, but the reasoning is why not earn some fresh BTC from the weak hands along the way?
sr. member
Activity: 546
Merit: 250
Market maker(s) does not appear to be done with the $470's yet. So after the rise to $480 we get dumps and after that the market is flooded with more low priced coins than the remaining active traders can handle. I don't see us going past $480 as long as the activity level and sentiment is so bad.

Question is if market movers have the balls to dump us below $470, or if we will just continue sideways for a while longer? As I said before I don't expect we will go much below $470 before we go up, but who knows.

Whales move slowly and it looks like this could give us yet another opportunity to get BTC below the current price level (and a chance to close shorts in an orderly fashion). I'm thinking that there must be a lot of traders sitting on the sidelines waiting to get some sort of sign of improvement. I personally believe that things are turning, but maybe we need to get to a point where inactive traders start thinking: "Wow, trading BTC has become really silly lately, I think I will buy some and see what happens".

Always remember: BTC price manipulation is one of the highest forms of endeavour to which a human being can choose to devote his time and energy  Cheesy
legendary
Activity: 2380
Merit: 1823
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newbie
Activity: 21
Merit: 0
But the evil of state-backed currency needs to be exorcized and expelled for something better.
The people who can look at the legacy of blood and death and misery directly caused by the nation-state and still advocate for it are the ones who are in a cult.


Hear, Hear!! Except it is worse than a cult, because they force us to use the filth that they call money. While bitcoin let's people choose! Can you imagine? The first time in history we can actually have a choice about one of the most fundamental aspects of our lives. What was it Satoshi said when he released bitcoin? Something like "here it is, if you like it, if you find it useful, then you are free to use it".

Pirate Ragnar
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
does it feel like some bots have been turned off?

there seems to be less trades going on.

maybe its just me...
hero member
Activity: 504
Merit: 500
Moderator
ImI
legendary
Activity: 1946
Merit: 1019
You all should have better invested in some solid crypto!

you dont say?

legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
a little crack pot TA never hurt anyone..

hero member
Activity: 504
Merit: 500
Moderator
You all should have better invested in some solid crypto!

https://bitcoinwisdom.com/markets/bter/dogebtc


legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
But the evil of state-backed currency needs to be exorcized and expelled for something better.
The people who can look at the legacy of blood and death and misery directly caused by the nation-state and still advocate for it are the ones who are in a cult.

so kryptic.
sounds bad.
bitcoin is the solution?
legendary
Activity: 1400
Merit: 1013
But the evil of state-backed currency needs to be exorcized and expelled for something better.
The people who can look at the legacy of blood and death and misery directly caused by the nation-state and still advocate for it are the ones who are in a cult.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
oh  fuck it




THIS IS BITCOIN CCMF TTM!!
 Cheesy
member
Activity: 84
Merit: 10
Bearish divergences. Looks like it's topping.
newbie
Activity: 21
Merit: 0
It seems r/bitcoin is trending, apparently on the back of a perfect storm of attention because of Paypal, Apple, Bank Of England, Satoshi hack, etc. within a few days of each-other. Lots of noobs are showing up asking to know what bitcoin is all about. Now we don't know for sure if financial types will be doing the same to their brokers right now, but it seems a pretty daft time to sell this weekend. No wonder the shadowy puppetmasters of the noisy beartrolls in this forum are bribing them extra to lure your precious coins into their ravenous maws.

I noticed a pattern on google trends too which would suggest a price surge in no less then 2-3 weeks.

It will happen slowly at first as those who have been attracted by the recent news tentatively and slowly buy in. There will be many bear traps along the way but once we exceed $680 the fun will start. It will become clear that $500's are gone forever and people will wonder why they could not see earlier that the price is ready for a major and permanent reevaluation into the 4 digits

For the Bears: pay close attention, because this is how it happens. This is how you will get left behind with nothing but a bitter story about how you could have been rich and free. Cut loose your ghastly gun-backed, blood-soaked, freedom-destroying, toilet-paper of a currency: it has and ignoble past, an evil present, but it has no future! It has caused death, and mental and physical impoverishment to your ancestors and continues to enslave us more than ever. expell this evil from your life by becoming part of the only viable non-institutional currency that exists anywhere on earth. Cut the loose. Your time is running out

Bitcoin is definitely no cult.

(lol)

It certainly isn't. Does passion make a cult? I am open about aspects of bitcoin that trouble me. But the evil of state-backed currency needs to be exorcized and expelled for something better. Do you have any suggestions besides bitcoin? The qualities of bitcoin are unparalleled amongst the thousands of currencies of history, it leaves even the gold-standard severely lacking. I don't say this will always be the case, but if something better comes along then great.

Pirate Ragnar
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
What's the big deal with $480?

We were over $490 just 3 days ago.

right,
she wants to turn, this is cool, but looking at this thread you'd think we are in a 30 day rally.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
we're still in hell, this sentiment is way over board.
legendary
Activity: 4242
Merit: 5039
You're never too old to think young.
What's the big deal with $480?

We were over $490 just 3 days ago.
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