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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21178. (Read 26712378 times)

hero member
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OK.
Both Greece and China, for the time being, appear stabilized.
Since Friday, both BTC and LTC [esp. LTC] have made noticeable rises.
Any explanations/conjectures?

I wouldn't call this a real rise after the initial pump...

It's just ranging why do people freak out lol...
legendary
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legendary
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BTC-e is still more than $10 below other USD markets. Any reasons for this? I doubt the fatfinger/flash crash has to do with it anymore as that was a while ago. Ideas?

I have been wondering about this too. Assuming they have a large portion east european customers (which may or not be the case): Bitcoin price is depressed, which is the same as the dollar price is pressed upwards (assuming we trade in the bitcoin/dollar pair), so: Some people use bitcoin to move dollars into east europe?



I can understand the attraction of using btc-e for I'll gotten gains and washing money.

But why with a history of flash crashes through manipulative selling anyone would trade there is beyond me. Not rolling back trades in that scenario sends the wrong signals.

A wider point is that DDOS attacks should also be made ineffectual by preventing those short selling during such attacks from profiteering by simply rolling back trades. Removing the ability to profit tends to remove such clandestine market operations.

legendary
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BTC-e is still more than $10 below other USD markets. Any reasons for this? I doubt the fatfinger/flash crash has to do with it anymore as that was a while ago. Ideas?

I have been wondering about this too. Assuming they have a large portion east european customers (which may or not be the case): Bitcoin price is depressed, which is the same as the dollar price is pressed upwards (assuming we trade in the bitcoin/dollar pair), so: Some people use bitcoin to move dollars into east europe?

legendary
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sr. member
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sr. member
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OK.
Both Greece and China, for the time being, appear stabilized.
Since Friday, both BTC and LTC [esp. LTC] have made noticeable rises.
Any explanations/conjectures?

Hard mode: no Trumpage LOL
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legendary
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legendary
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In order to dump coins one must have coins
where is 300  Huh

pffft where is 3000 that's what i want to know
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legendary
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legendary
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legendary
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Delusional crypto obsessionist
But since we all are "the market", also the trolls, I'd rather read all bullshit too to get a good feeling which direction we're heading.
I doubt that the trolls make up a sizable portion of the market.
They're trolls because they feel left out, after all Wink

Yes, but when you notice them increasing in numbers "it might be happening". Wink
qwk
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Shitcoin Minimalist
But since we all are "the market", also the trolls, I'd rather read all bullshit too to get a good feeling which direction we're heading.
I doubt that the trolls make up a sizable portion of the market.
They're trolls because they feel left out, after all Wink
sr. member
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Bitcoin is currently at the same stage you just hodl your long position until the market stops looking bullish

For a permabull the market always looks bullish.

Only trolls can't see that the whole crash from ~1200 to ~160 is nothing more than a bull flag!  Cheesy

if you just look at the chart BTC is currently for the first time really in a bullish phase...

The problem is there is nothing fundamental backing this Bull-trend up like Interest rate decision etc. pp.

There's fundamentals backing up of long term bull trend:

  • fiat QE and the debt mess combined with BTC limited supply
  • useful integrated payment network (uncensorable, hidable)
  • people start to 'get that'

add some time to that mix and you'll have quotes like

Quote from: guyfromfuture on March 15th 2023 at 02:30:21 PM
damn, I wish I was one of those early adopters buying bits in 2015 at 0.0003 USD/bit



Touchez
legendary
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hero member
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Buy and sell bitcoins,

last call before price rising to 300 400 500 and beyond 33000 50000

Last call is in September, we've got at least another month of cheap bitcoin!

https://www.youtube.com/watch?v=rkELgi6EkNo

Well as much as possible, let's abuse the cheap coins and HODL! But the problem is I don't have any coins to hold Sad So sad. I wish someone could send me some coinz for hodling

/sarcasm
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Anglo Saxon Crypto Enthusiast

last call before price rising to 300 400 500 and beyond 33000 50000

Last call is in September, we've got at least another month of cheap bitcoin!

https://www.youtube.com/watch?v=rkELgi6EkNo
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