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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17870. (Read 26610303 times)

legendary
Activity: 3388
Merit: 3514
born once atheist
wait till it shoots over $1000 again and watch all the coulda woulda shoulda
hodelers sell their stash like theres no tomorrow
sr. member
Activity: 378
Merit: 250
www.tgtcoins.com/ico
Just a Week ago i was active here and encountered that the btc was at 1065$ , and today i see tat it is again floating at 800$, Interesting.
sr. member
Activity: 812
Merit: 250
A Blockchain Mobile Operator With Token Rewards
maybe one of the results of the chinese sniffing around is that we discover they've been naked short selling it all these years. could be fun.

isn't that legal tho?

i mean its an accepted practice on other markets.

I remember the US briefly banned shorting during a crash years ago. It was legal until they decided to briefly ban it, then they unbanned it again and it went back to legal. China's the same, it's legal until they say it's not, then back to legal when they say it is.

naked shorts are really just a risk to the exchange itself.
there the ones leading out coins they dont have.
the exchanges probably hedge when / if they do this, they'll lead you 500BTC they dont have, and buy some "puts" or somthing.
really there just betting they'll make money because some will get liquidated... and that will cover their hedging costs and then some.
they lead you 500BTC, buy a put, price moves higher up, they use there put you get liquidated, and they profit big time.
Lol wouldnt suprize me at all this kinda shits happening...
 
unclear if PROC will put a stop to this, they play the same games...
sr. member
Activity: 292
Merit: 265
maybe one of the results of the chinese sniffing around is that we discover they've been naked short selling it all these years. could be fun.

isn't that legal tho?

i mean its an accepted practice on other markets.

I remember the US briefly banned shorting during a fiat/stocks crash years ago. It was legal until they decided to briefly ban it, then they unbanned it again and it went back to legal. China's the same, it's legal until they say it's not, then back to legal when they say it is.

sr. member
Activity: 812
Merit: 250
A Blockchain Mobile Operator With Token Rewards
maybe one of the results of the chinese sniffing around is that we discover they've been naked short selling it all these years. could be fun.

isn't that legal tho?

i mean its an accepted practice on other markets.
sr. member
Activity: 812
Merit: 250
A Blockchain Mobile Operator With Token Rewards
not much fallow thru there...

meh no worries the grind will loss resistance and gain support.
legendary
Activity: 1288
Merit: 1087
maybe one of the results of the chinese sniffing around is that we discover they've been naked short selling it all these years. could be fun.
newbie
Activity: 27
Merit: 0
So is Chinapocalypse 2.0 (or is it 3.0?) finally over now? Is the bull prepped?

Unfortunately I had to sell 1 bitcoin near the bottom of that dip for time sensitive reasons. RIP my little bitcoin, sorry we had to part ways so soon and you could not achieve greater glory by my side. Yes I talk to my bitcoins.
sr. member
Activity: 812
Merit: 250
A Blockchain Mobile Operator With Token Rewards
sr. member
Activity: 434
Merit: 250
Ooh, shiny things!!
sr. member
Activity: 812
Merit: 250
A Blockchain Mobile Operator With Token Rewards
legendary
Activity: 1358
Merit: 1016




That actually looks pretty sexy.


Edit. NOT the agent Smiths
legendary
Activity: 1512
Merit: 1012
sr. member
Activity: 854
Merit: 262
Comon lil candle green candle you can do it!
sr. member
Activity: 812
Merit: 250
A Blockchain Mobile Operator With Token Rewards
Sell it all man

I've fucking had it.
sr. member
Activity: 854
Merit: 262
Is that called the X's and O's chart?
sr. member
Activity: 812
Merit: 250
A Blockchain Mobile Operator With Token Rewards
this is exciting!
support looks strong.
though little battle
hero member
Activity: 625
Merit: 501
x

(updated chart below)

Nearing the top of the descending wedge.
I'm expecting more down. If wrong, I'd expect a breakout of the trendline to be both violent and large.


huobi @5700. broke the wedge. let´s hope for good. still too tiny.

edit: not broken on finex. not on stamp. we need $850+ for that.



Within this descending wedge, we've taken one run at resistance, and are about to take a second.
The first time, we hit it with a symmetric triangle (Continuation pattern) from the $816 low to the resistance line. When we hit it, we dropped.
This time, we are coming at it with a symmetric triangle from the $735.25 low to the resistance line.
Those two converge around 4am CST at $816...so I'm guessing sideways/slight drift down for the next 12 hours, then down hard.
sr. member
Activity: 812
Merit: 250
A Blockchain Mobile Operator With Token Rewards
loving that retardedly tight spread  Cheesy
sr. member
Activity: 812
Merit: 250
A Blockchain Mobile Operator With Token Rewards
feels like bottom fishers taking profit... wouldn't be surprised that this resistance is strong, but would expect big move if broken.

if we can't do it, i'd put good money on a higher low 799
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