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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21093. (Read 26710681 times)

legendary
Activity: 889
Merit: 1013
War is Peace.
Freedom is Slavery.
Ignorance is Strength.
Blessings of the state.
legendary
Activity: 1120
Merit: 1000
Seems like 300$ dream is dead


until the next pump caused by the next economic or political doom and fear scenario that will ends in nothing

(happen every couple of months recently)
legendary
Activity: 2604
Merit: 3056
Welt Am Draht
People who dream of $300 either have some cognitive problems or a severe lack of imagination.
legendary
Activity: 1512
Merit: 1000
@theshmadz
Seems like 300$ dream is dead

Yeah, the dream is dead forever, never reach 300 ever again, dump everything you have, fiat is the only safe money, your government knows best, don't bother thinking for yourself, trust in what you are told by the Telescreen.

War is Peace.
Freedom is Slavery.
Ignorance is Strength.
sr. member
Activity: 442
Merit: 250
I see Kraken are blacklisting NY due to their crazy new BTC regulations.

This is most definitely 'bad news' for all things Bitcoin  Roll Eyes


All other serious exchanges are applying.
Bitfinex simply doesn't want to be regulated anywhere because of the lending (btc/fiat), maybe the same is with Kraken.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 392
Merit: 250
I see Kraken are blacklisting NY due to their crazy new BTC regulations.

This is most definitely 'bad news' for all things Bitcoin  Roll Eyes


It must be a nightmare for bitcoiners living in New York now. The only way I imagine they can do business with exchanges that have blacklisted New York is through a VPN. I have never tried accessing an exchange through a VPN but I wonder if the exchanges have also blacklisted any IP addresses they detect as VPN IP addresses.

Further, when submitting their KYC documents New York residents have also probably had to tell the exchanges they are from New York. Perhaps students with bank account addresses at their non-New York parents might be OK.

Whew, dodged a bullet there.
sr. member
Activity: 310
Merit: 250
I see Kraken are blacklisting NY due to their crazy new BTC regulations.

This is most definitely 'bad news' for all things Bitcoin  Roll Eyes


It must be a nightmare for bitcoiners living in New York now. The only way I imagine they can do business with exchanges that have blacklisted New York is through a VPN. I have never tried accessing an exchange through a VPN but I wonder if the exchanges have also blacklisted any IP addresses they detect as VPN IP addresses.

Further, when submitting their KYC documents New York residents have also probably had to tell the exchanges they are from New York. Perhaps students with bank account addresses at their non-New York parents might be OK.
legendary
Activity: 2097
Merit: 1070
I see Kraken are blacklisting NY due to their crazy new BTC regulations.

This is most definitely 'bad news' for all things Bitcoin  Roll Eyes
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
RxIxP BTC 2015
Game over for one of the biggest scams(ideology wise) in this decade .

Thanks for your superb, well thought out post. Brilliant analysis.
Can you please elaborate & explain to us mere mortals on how you came to the conclusion bitcoin is dead & wishing it to rest in peace.
What's happened today that signals the end of bitcoin?
Thanks in advance.

Tremendous amount of experience there, extraordinary depth. Brilliantly put comment. We need this kind of commenting, it is surely progresses the thread towards a scrupulous tool of BTC price prediction without unnecessary exaggerations. Congrats my friend. You've gained your position to my favorite users list. Cool
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
RxIxP BTC 2015
Game over for one of the biggest scams(ideology wise) in this decade .

Thanks for your superb, well thought out post. Brilliant analysis.
Can you please elaborate & explain to us mere mortals on how you came to the conclusion bitcoin is dead & wishing it to rest in peace.
What's happened today that signals the end of bitcoin?
Thanks in advance.
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
There are so many new faces/nicks here these last weeks. Bullish. Volume is much better than the 2014 summer bull trap as well.
legendary
Activity: 997
Merit: 1002
Gamdom.com
I dont even understand how ppl keep saying its the end of btc while its being more and more used
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 798
Merit: 1000
Bids are back on finex, but bear in mind that they can easily get removed again. The guy/entity probably has a script running on the API to remove bids if the price comes within a certain % range of it. In conclusion, don't get fooled by the orderbook.

Yesterday more or less all those bids were "real". I bet that one entity is playing on both sides of the order book.

The bids that were left were real. The guy was beefing the books up way further back so there was 16k ish showing back 30 bucks. When the price moved into the mid 270's they were pulled leaving around 9k back 30 bucks. He's likely pushing the market up into his shorts, removing his bids and tearing through whats left.

Not sure about shorting (shorts aren't up that much).
I believe he is pushing the price down with small sells. Those and sells from other traders hit stop losses which fills his bids. This entity is probably also liquidity provider so they earn a lot with interests.

To be fair, I wouldn't be surprised if bitfinex alone or someone near them is running everything up. Market maker must trust bitfinex big time since he must hold a lot of fiat and bitcoins there.
After all it wouldn't be the first time one of the exchanges would manipulate the market  Wink

Short / selling. Semantics. I just mean selling coins not necessarily with margin.

How people aren't scared to absolutely fucking death the fact that there are only 2k ish more shorts and longs have increased not decreased during this drop I'll never know. This gon get so ugly.
sr. member
Activity: 442
Merit: 250
Bids are back on finex, but bear in mind that they can easily get removed again. The guy/entity probably has a script running on the API to remove bids if the price comes within a certain % range of it. In conclusion, don't get fooled by the orderbook.

Yesterday more or less all those bids were "real". I bet that one entity is playing on both sides of the order book.

The bids that were left were real. The guy was beefing the books up way further back so there was 16k ish showing back 30 bucks. When the price moved into the mid 270's they were pulled leaving around 9k back 30 bucks. He's likely pushing the market up into his shorts, removing his bids and tearing through whats left.

Not sure about shorting (shorts aren't up that much).
I believe he is pushing the price down with small sells. Those and sells from other traders hit stop losses which fills his bids. This entity is probably also liquidity provider so they earn a lot with interests.

To be fair, I wouldn't be surprised if bitfinex alone or someone near them is running everything up. Market maker must trust bitfinex big time since he must hold a lot of fiat and bitcoins there.
After all it wouldn't be the first time one of the exchanges would manipulate the market  Wink
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2268
Merit: 1141
Bids are back on finex, but bear in mind that they can easily get removed again. The guy/entity probably has a script running on the API to remove bids if the price comes within a certain % range of it. In conclusion, don't get fooled by the orderbook.



Well spotted. There is support, somewhere, but don't be looking at fake data and hoping to find truth.

This is what a market is. It is nothing more than a price discovery mechanism. If the market were purely open and transparent, would it be a better indicator of value? Who knows? It would be an interesting experiment, but we have no markets currently that are not manipulated from which we might harvest useful data or glean useful information...,




 so; in the end, speculation is the driver of the market. Thus, gentlemen, your work is cut out and laid before you.

Best of luck.

I hope the 260 local bottom will hold for now, otherwise we'll probably see a retest of 250 where the SMA200 lies.

@gotmilk: I've witnessed a significant amount of asks pulling on multiple occasions, so you're probably right.

@dreamspark: That could be a valid strategy.  
newbie
Activity: 14
Merit: 0
Bids are back on finex, but bear in mind that they can easily get removed again. The guy/entity probably has a script running on the API to remove bids if the price comes within a certain % range of it. In conclusion, don't get fooled by the orderbook.

Yesterday more or less all those bids were "real". I bet that one entity is playing on both sides of the order book.

The bids that were left were real. The guy was beefing the books up way further back so there was 16k ish showing back 30 bucks. When the price moved into the mid 270's they were pulled leaving around 9k back 30 bucks. He's likely pushing the market up into his shorts, removing his bids and tearing through whats left.

Price manipulation at its finest. This kind of shit will continue whilst literally nothing positive or negative is happening in the world of bitcoin. It's too easy for whales to pull these kind of stunts whilst there are no obstacles in their way.

The only way it'll stop is if/when we get loads of new money being pumped in. Whilst the price action is akin to tumbleweed blowing around a deserted town these big rollers can play the market like a toy.


Hahah, people are calling the price manipulated since the very first bitcoin exchange...

It's not more manipulated then any other Market on this world... It's pure speculation going on..
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