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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 15620. (Read 26610008 times)

legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
legendary
Activity: 1526
Merit: 1012
Bruce Buffer says it's time
full member
Activity: 266
Merit: 222
Deb Rah Von Doom
Why is it you can only see half the book on Finex now
legendary
Activity: 1124
Merit: 1000
13eJ4feC39JzbdY2K9W3ytQzWhunsxL83X
who sold at the bottom Huh?
legendary
Activity: 3374
Merit: 4738
diamond-handed zealot
I would expect strong support around 7000

yawn
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
If there is a huge dump, what is the absolute fastest way to move fiat to an exchange ?  My experience with wires to Bitstamp is they still take 48 hours.  And Coinbase won’t take my non-US credit card (limits are probably too low anyway).
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
Am i right that they just dumped $5 Million just now? 

Umm.. who's 'they'?

Quote
can't the exchange say "sorry once you've sold your bitcoins we're not allowing you to buy back because we think you are spamming"

The exchange probably could. In their terms of service or somesuch. But you seem confused over the exchange's source of revenue.

hero member
Activity: 1848
Merit: 640
*Brute force will solve any Bitcoin problem*
It is just stamping the $10k bottom some further. No worries.

lambos are everywhere :-D weeee
legendary
Activity: 1526
Merit: 1012
can't wait for the big dump
full member
Activity: 308
Merit: 100
to much optimism in the poll

not really - there'll be a new ATH with 36 hours.

I hope it will take up atleast 14 more hours before it bounces  Grin FIAT INCOMING  Shocked Tongue
legendary
Activity: 3122
Merit: 1538
yes
It is just stamping the $10k bottom some further. No worries.
member
Activity: 242
Merit: 14
to much optimism in the poll

not really - there'll be a new ATH with 36 hours.
hero member
Activity: 703
Merit: 502

Most provocative statement therein:

Quote
As JPM explains, "high trading volumes or market cap does not mean that the net flow directed into cryptocurrencies has been equally big."

Here is the bank's punchline: "The net flow into cryptocurrencies is very much a function of coin creation which is controlled by computer algorithms and in the case of bitcoin is diminishing over time. Figure 6 shows the net amount of money invested every year since 2009. The cumulative amount has totaled around $6bn since 2009, well below the current market cap of $300bn."

I get that the market cap is not a measure of the sum total of fiat spent to purchase Bitcoin. But $6B? That low? Seems off by an order of magnitude to me, but I'm just pulling a feeling outta my ass. I also get that this figure is courtesy of JPM themselves. Anyone know of an independent source for this statistic?

they have no idea - there is no way to calculate the amount of fiat that has moved into bitcoin
hero member
Activity: 703
Merit: 502
to much optimism in the poll
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
Quote from: TERA2
Holy crap woke up and my stop was hit at 11400

Hey Tera out of curiousity did you get out at 11400 or have slippage?
It executed at 11384.25

Thanks - deleted my prior post because I screwed up the formatting.  Did you pick 11,400 as resistance point for the stop?
No sorry I picked 11394. So that was a pretty impressive execution for Bitstamp.

Indeed, very impressive.
hero member
Activity: 1848
Merit: 640
*Brute force will solve any Bitcoin problem*
down to 10.5k is my guess

9500 now :-D sweet!

red and green makes for pretty Christmas  Cheesy

when bitcoin hits $1337 max keiser will have all your corns :-D lmao
legendary
Activity: 3388
Merit: 3514
born once atheist
wow, I sold a chunk at $11,758, subsequently expecting it to moon,as is always the case after I sell.....

and then it went down??!!  Holy crap!! that's a first.....
I should take up day trading!.....um, 2nd thought, maybe not.......
hero member
Activity: 1848
Merit: 640
*Brute force will solve any Bitcoin problem*
newbie
Activity: 36
Merit: 0
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