Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 18578. (Read 26627118 times)

Well, thanks for asking, dumbfbrankings.  I was able to sell several coins on the rise from around $670 to $778, and then to pick up several coins with those proceeds on the two price drops that brought us into the lower $700s and the $720s...

So, yeah, currently feeling pretty decently stocked up at the moment for another potential upwards boost, but as we all likely know, nothing is guaranteed in bitcoinlandia.  

I recall that there was a similar feeling of price stickiness in the $400s with several price drops in those territories and uncertainties regarding whether price would break through the $470s, and when prices finally broke upwards, it paid off to be stocked up on lillie friends, aka bitcoins.  

We are still fairly newly arrived to the $700s (been here less than a week), so hopefully, this appearance of mid $700s stickiness is not as difficult to overcome in the coming weeks, or even in the coming day as you seem to be suggesting in your trolling kind of sarcastic manner.

Hope everyJuan got their bids filled before these wide-eyed rubes shrewd value investors arrive on the order books.

$800 2nite?

First one shows the past three years, second a few hours. You can't read charts, there's your problem right there

Well if bitcoin gained some new investors, they will need some time (days) to get their renmimbis to the exchanges. So yeah, we can probably expect some action in the following days.

Oh oh.... here we go again.

https://twitter.com/cnLedger/status/744528738113642499

Prepare for liftoff! 

Oh oh.... here we go again.

https://twitter.com/cnLedger/status/744528738113642499

Prepare for liftoff! 

That's correct about natural and organic growth, even though your chart only shows a very short and recent period (the past couple of days).

Right on!



Natural, organic growth^TM

Those who were already there in 2013 (and 2011...) aren't waiting for a new Willy, they are expecting sustainable, reality-based growth.

https://www.mixcloud.com/bitcoinuncensored/isabella-kaminska-interview-on-bitcoin-blockchain-and-the-nature-of-money/

She's charming and brilliant. And relevant!

*Note to moderators: Don't make me use Reddit

Well, apart from all of the conspiracy theories, i think the real reason is much simpler and doesn't involve aliens or Russian mob.
Some history, back in the day Finex was new and didn't have much volume especially for leverage products that they offered. Stamp was #1 by volume so they made some arrangements with them and pretty much were shadowing stamp. That provided Finex much needed liquidity. As Finex grew, on big volumes we often saw Finex price decouple from Stamp price (that was when Finex ran out of money on Stamp). At certain point Finex outgrew Stamp, they completely decoupled and Finex took the lead.

What we're seeing here (i believe) is well... CHINA CHINA CHINA_x100. Their fake volume was great but now there's a genuine bullish run there, and they need coins from somewhere. It would only make sense to make some arrangements  with Finex who's in Hong Kong (like Finex did with Stamp in their day) for liquidity. West is bearish so there's little to no bid support, but China is on a bullish train so they don't care and just keep charging ahead. That's why we don't see much bid support on Finex (arbs don't like risk exposure to catch falling knifes), yet we see those BTC1k market buys, west gets panicy from no/thin bid support and starts dumping. So we get heavy ask side, thin bid side, and a lot of volume.

TL;DR as long as whoboi is above Finex by around $10 or 1.5% we're riding the Chinese made rocket.

This x 1000.  It may be a conspiracy theory to many, but I believe it is completely plausible, especially if such a whale group was formed in the early days of Bitcoin.  They could have accounts open on every exchange, and work together 24/7.  They could write a bunch of coordinated bots on every exchange that work together. Not to mention if they have way more funding to back them than what is currently in the exchange markets, then they will control each and every local market. They would be able to control the rise and timing of bitcoin fairly precisely.  And if they are connecting to powerful/wealthy people, then they will have insider trading knowledge/info many months or years ahead of the public, and will be able to time pumps/dumps on major news announcements.

And no, of course there's really no way to provide proof of such.  Just like there is no definitive proof that the Russian Mob is behind the U.S. Stock market (and every other major world market). So let's all just stick our heads back in the sand keep saying its the Chinese that are pulling all the strings and providing all the volume, 'cause that's what you all want to believe.  

I'm keeping my eye on the exchanges ... and when China moves, the rest follow. The volumes seem to be "scared/affraid" in The West ... they always wait China to make the first step.

The West needs a market opening for BTC ... to have more confidence or determination to lead the global price of things!

And with China ... I don't really know if they are against each other in a competition. But I do know there is some kind of cartel... Imagine those miners doing more than they need... what do you think they will do with the surplus? They will try and increase the price to increase productivity! Its the only way to increase profits!!! By pumping the price!