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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24865. (Read 26718517 times)

sr. member
Activity: 952
Merit: 281
Bears do not live forever  Wink

sr. member
Activity: 434
Merit: 250
Lots of coins being sold for cheap to future millionaires, that's what I'm seeing.



 Grin great reply, makes you look big  Kiss
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
I just don't get it, it went $7 and you are complaining, what will you do when we hit sub $1xx ?

I have a very complicated trading strategy you couldn't possibly understand

Thats through. Its already gone down around 250$ since the past 2 months, and people can't care about complaining about a 7$ dip.

So far this year, it has gone down to $275.. that's the lowest price, so far this year.  We use Bitstamp prices around here, unless you specify otherwise.
full member
Activity: 154
Merit: 100
playing pasta and eating mandolinos
why, oh why did i close my short yesterday?

Because the interest rate started to get ridiculously high for a boring market.
I kept mine open though. But I will move the stop price lower soon (once 340$ will start to feel as a "never to be seen again anytime soon" point).

Ah right... worse thing is that i knew this was going to happen, but then sometimes you just have to sleep without a position open to avoid becoming a madman Smiley
hero member
Activity: 504
Merit: 500
Moderator
sr. member
Activity: 378
Merit: 254
Lots of coins being sold for cheap to future millionaires, that's what I'm seeing.

legendary
Activity: 1456
Merit: 1000
sr. member
Activity: 434
Merit: 250
Lots of coins being sold for cheap to future millionaires, that's what I'm seeing.
hero member
Activity: 588
Merit: 500
why, oh why did i close my short yesterday?

Because the interest rate started to get ridiculously high for a boring market.
I kept mine open though. But I will move the stop price lower soon (once 340$ will start to feel as a "never to be seen again anytime soon" point).
sr. member
Activity: 378
Merit: 254
Bullish!  Plunging prices=Satoshi is coming!

full member
Activity: 154
Merit: 100
playing pasta and eating mandolinos
why, oh why did i close my short yesterday?
sr. member
Activity: 476
Merit: 250
It's going to be tough even if we do see a rise, as there are probably a lot of bagholders that would love to get out if it hits the price they bought in at so their spouses don't divorce them for losing half their life savings or whatever.


Spouses don't have to be female, and losing is the opposite of acquiring.  Wink
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
It's going to be tough even if we do see a rise, as there are probably a lot of bagholders that would love to get out if it hits the price they bought in at so their spouses don't divorce them for losing half their life savings or whatever.
sr. member
Activity: 378
Merit: 254
sr. member
Activity: 476
Merit: 250
As time passes, then it's more and more beginning to look like the 30K coin purchase was just an attempt to stimulate the market.
Someone probably bought his own coins, to create an illusion of demand, attempting to stop the slow decline. Some people fell for it, and this caused some upward movement, but after the effect of this illusion faded, then back to the same situation where the market was before this show.

Don't forget it creates the illusion of support at 300, too.

Could be he was slowly cashing out on the way up to 1000 and had a lot of extra money to try and continue the run-up, figuring he'd be a millionaire either way but might as well try to make the rest of his coins worth more (and if he likes bitcoin, he might be willing to take losses to go for a price rise). Eventually he's going to need to sell excess if he hasn't already, so he can reload the "fiat cannons" and try again at a lower price.

It's going to be tough even if we do see a rise, as there are probably a lot of bagholders that would love to get out if it hits the price they bought in at so their spouses don't divorce them for losing half their life savings or whatever.
legendary
Activity: 2170
Merit: 1094
Support broken on OKcoin, time to panic? Wink
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 876
Merit: 1000
As time passes, then it's more and more beginning to look like the 30K coin purchase was just an attempt to stimulate the market.
Someone probably bought his own coins, to create an illusion of demand, attempting to stop the slow decline. Some people fell for it, and this caused some upward movement, but after the effect of this illusion faded, then back to the same situation where the market was before this show.
legendary
Activity: 2338
Merit: 1035
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