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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 19977. (Read 26609293 times)

legendary
Activity: 1624
Merit: 1126
It's all mathematics...!
“All these banks are trying to get the best attributes of the Bitcoin blockchain without the bitcoin, and ultimately, I think they’re going to capitulate and revert back to the Bitcoin blockchain. The funny this is, if you talk to the people working at these places, all of them own bitcoin personally.” - Barry Silbert

Bankers sure love buying and holding some scarce bitcoin.

Yes sir! Just ask Blythe Masters...
legendary
Activity: 1260
Merit: 1116

This one's for you, lambie: A Bitcoiner Is Born

I didn’t even know the goddam kid was there.
full member
Activity: 210
Merit: 100
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
legendary
Activity: 1844
Merit: 1338
XXXVII Fnord is toast without bread







The elite have been chosen.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 290
Merit: 250
Heading back down...
Dunno, seems like still a lot of buy support left.
hero member
Activity: 569
Merit: 505
Heading back down...
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1176
Merit: 1005
Decentralized Asset Management Platform
I don't know what you see but I see again a lot of spread between the exchanges. Huobi is trading over 408$ while finex is 395. It seems price is recovering from the 407$ dump
legendary
Activity: 1316
Merit: 1145
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
member
Activity: 115
Merit: 10
Seriously, after the last 2 months, it seems like every +3% move upwards that breaks a certain technical level is seriously tested within 1 hr. Whoever is driving the price action loves to shake out people along the way. They like to see how good the support is after we make new highs. And a lot of the price action has totally been driven by China time. I mean, who the fuck is around in America trading at 2AM on Saturday to react to the dumps? Seriously?


China controls this entire market, and I'm a little worried because whoever is doing these shakeouts/dumps by now really knows how well the institutional trading bots on finex/okcoin/btcc behave.

I totally agree. its why much of the so called market analysis predicitng price movements has little relationship to what is happening behind the scenes.
people should remember that the ATH of about $1100 was false in that it was concocted. while mt gox has gone other players are still doing the equivalent with the price
full member
Activity: 210
Merit: 100
https://chinabystander.files.wordpress.com/2015/08/yuandollar10yr.png

One easy to see reason why many Chinese are trading in yuan for Bitcoins.

Translation: its dropping around 375 or below

https://www.youtube.com/watch?v=JI8AMRbqY6w
I remember a movie where Rowdy Roddy Piper found some special sunglasses that translated things for him. Do you have a pair of those???  

Translation: Obey, Sleep, Consume, Do Not Question The Posts
lol :^D
hero member
Activity: 681
Merit: 507
Imo breakout of 2500cny is incredibly bullish, unfortunately because of cny devaluation need 400$+ on western exchanges for confirmation.

sustain here and we can aim for the 600$+ / 4000cny
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
Just got back from the bar to see that we're still scrapping over $400. Glad I went out when it had barely broken $390.

It's almost bedtime. Where will we be in 8 hours? $420 or $380? The weekend is still young.
newbie
Activity: 43
Merit: 0
Seriously, after the last 2 months, it seems like every +3% move upwards that breaks a certain technical level is seriously tested within 1 hr. Whoever is driving the price action loves to shake out people along the way. They like to see how good the support is after we make new highs. And a lot of the price action has totally been driven by China time. I mean, who the fuck is around in America trading at 2AM on Saturday to react to the dumps? Seriously?


China controls this entire market, and I'm a little worried because whoever is doing these shakeouts/dumps by now really knows how well the institutional trading bots on finex/okcoin/btcc behave.
hero member
Activity: 681
Merit: 507
rebound rebound rebound Cheesy
legendary
Activity: 2242
Merit: 3523
Flippin' burgers since 1163.

BearSwamp is such a cesspit ... probably they are bust from that hack and like Gox trying to keep thing going long enough hoping to trade their way of the crap hole they are in ... or until they get another bitcoin reserve audit from Mike Hearn?

Seems like Bitstamp feel confident about it's reserves and will finally do a public audit as well, which I really think should be the standard in the Bitcoin world because of it's very public nature:

Quote
Was a proof of reserves required for the Bitlicense process? If so, how was it done?
We had special audit done by Ernest and Young in Luxembourg. Xapo assisted EY on the bitcoin side. We will have another year-end audit which will be public.

https://forum.bitcoin.com/ama-ask-me-anything/i-m-nejc-kodri-co-founder-and-ceo-of-bitstamp-ask-me-anything-t3253.html
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