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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 18552. (Read 26610001 times)

newbie
Activity: 42
Merit: 0
hoping / looking like this fucking retarded dump is over for now having done 50 lower in the last like 2 hours and 100 down in the last like day

yet again the market gets fucked by what always happens with bitcoin - going along great market totally bullish good things happening and looking like further gains coming , and then whammo the inevitable "unexpected untimely and unpredictable" bullshit [...]

What makes it doubly painful is that the unexpected bull runs happen because bitcoin is so grossly undervalued disruptive technology, while unexpected dumps [which happen each and every time, like clockwork] are always apropos of nothing and/or Saurian lizards.
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
Two bad things for Bitcoin in the past few days that may have caused this are the auction in Australia (that ends in a few hours) and the Brexit vote is polling heavily toward the Remain folks after their MP was shot.

Could be why the West is leading the bear market, they consider those things as big factors. While Chinese just want to get their money out of Yuan.

Potential turn arounds, the Australian auction results come out with a high price paid. And Brexit wins Friday morning.

Speaking of which, how do I do a long on Bitfinex? Do I have to have USD on the exchange? I currently have some BTC on there (I just logged in after a few years and saw I had .8 BTC still on there).

Currently, you can't do shit on Finex, they are having issues (nice timing  Undecided ).  When they come up again, you can do leverage long with BTC as collateral (just remember that the value of your collateral goes down together with your leverage position in this case).
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
Two bad things for Bitcoin in the past few days that may have caused this are the auction in Australia (that ends in a few hours) and the Brexit vote is polling heavily toward the Remain folks after their MP was shot.

Could be why the West is leading the bear market, they consider those things as big factors. While Chinese just want to get their money out of Yuan.

Potential turn arounds, the Australian auction results come out with a high price paid. And Brexit wins Friday morning.

Speaking of which, how do I do a long on Bitfinex? Do I have to have USD on the exchange? I currently have some BTC on there (I just logged in after a few years and saw I had .8 BTC still on there).
sr. member
Activity: 406
Merit: 250
hoping / looking like this fucking retarded dump is over for now having done 50 lower in the last like 2 hours and 100 down in the last like day

yet again the market gets fucked by what always happens with bitcoin - going along great market totally bullish good things happening and looking like further gains coming , and then whammo the inevitable "unexpected untimely and unpredictable" bullshit event or overblown news "occurs" more likely is made to happen to coincide with an up market and is used as an excuse to slam the market either caused by or accompanied always by likely fabricated intentional "technical issues" on the exchanges , only recovering once the market is so totally panic oversold that it whiplashes back up violently

looks like for now 655 may have been the local bottom guess it had to bounce off of something at some point

sure made a lot of sense to panic shed a billion+ $ in value in a day because the internet is acting up at bitfinex

When an exchange is having ''problems'', usually shit will be hitting the fan however when i look at the all-time log chart this is a expected healthy correction.

Normal behavior they say but it's always comming with some shit going on makes me wonder if this phenomenon tech called Bitcoin is directed from a few powerfull people.

Perhaps they guys at the CIA HQ are having a good laugh.



yes it absolutely is as ridiculously staged as a Shakespearean play
legendary
Activity: 3512
Merit: 4557
When an exchange is having ''problems'', usually shit will be hitting the fan however when i look at the all-time log chart this is a expected healthy correction.

Normal behavior they say but it's always comming with some shit going on makes me wonder if this phenomenon tech called Bitcoin is directed from a few powerfull people.

Perhaps they guys at the CIA HQ are having a good laugh.

newbie
Activity: 42
Merit: 0
Bull trap or reversal?

Let me tell you something about bull traps. The bull is a uniquely ...shall we say not so smart animal. It upchucks its food and re-chews the vomitus, because needs at least two tries to even get digestion right. Outwitting and trapping the male bovine is trivial, said food stock is sufficiently stupid to actually deliver itself to the slaughterhouses and other places of meat preparation under its own power [!].
Hence "beef on the hoof."
Traps, when required, are rudimentary devices. They have no moovin [hahahaha -ed.] parts at all. They are no more than narrow holes in the ground, into which the straying animal steps & gets trapped.
Imagine?

https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcTpFlvT3uGApmzboluLGewjill7W9M_Y-GgwlxQ_mOn6y2xDmq8

P.S. BFX come up with some fresh excuses yet?
hero member
Activity: 854
Merit: 1000
Bull trap or reversal?

I believe in this particular case both bear and bulls got owned

Bitcoin (TM)
hero member
Activity: 559
Merit: 500
that escalated quickly
legendary
Activity: 874
Merit: 1357
Bitcoinity's display for Huobi seems to be lagging a few minutes behind

Well spotted. It was playing up yesterday too. It seems buggy. Bitcoinwisdom is much better.
member
Activity: 99
Merit: 10
I covered my short at 666, I no longer wish to see bitcoin burn...  Roll Eyes

still looks weak as hell and Finex still actin all Mt.Goxy like  Roll Eyes

Maybe 500's in the cards.
legendary
Activity: 3038
Merit: 2162
Bull trap or reversal?
sr. member
Activity: 350
Merit: 250
This account was recently hacked
Bitcoinity's display for Huobi seems to be lagging a few minutes behind
hero member
Activity: 659
Merit: 500
Zepher is scammer!:)
Stamp is getting obliterated. Western traders want their money. Eastern exchangers are not following yet..
Panic sellers will cry after few days.. Smiley
member
Activity: 99
Merit: 10
Stamp is getting obliterated. Western traders want their money. Eastern exchangers are not following yet..
hero member
Activity: 854
Merit: 1000
So, can i get some bids at 34,000 per btc?
legendary
Activity: 1512
Merit: 1000
@theshmadz

How can we hope for mass adoption when we can't even depend on having reliable exchanges. My faith in BTC is rapidly waning.

Bitfinex isn't going to lead fuck all to mass adoption. Would grandma wait a week to wire some money to Hong Kong or wherever? Is she going to get heavily into leverage? Doubtful. It's a bridge from the old days to the new ones and it could do with crumbling.

Grandma will figure it out when her grandkids photos get crypto-lockered.

Ransomware: it's not the use case you wanted, but it's the one you're stuck with.
member
Activity: 119
Merit: 10
will we go to 600s again?  Cry
Seriously what is this cluster fud?

Why The F*** is west dumping so hard  Huh Huh Huh Huh Huh

nonsense

It is maybe because those finex bastards?

It's crystal clear that it's a fake panic looking for weak hands and cheap coins.

Brexit! will happen, although the coordinated media and markets pushing the "Keep calm and everything is alright" agenda

Do your really believe that the ETH & DAO is the place to be? hahaha   Grin

Bloomberg barbie doll presenters with their plastic smiles , stinks of desperation.
legendary
Activity: 1652
Merit: 1029
member
Activity: 99
Merit: 10
ImI
legendary
Activity: 1946
Merit: 1019

the ETH/DAO mess unrattled the markets and brought uncertainty. finex struck them down.
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