Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21311.

shmadz

legendary

Activity: 1512

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@theshmadz

Quote from: coinableS on July 11, 2015, 09:27:03 PM

Dang $300 happened on a Saturday/Sunday depending on where you live. This bull run has been amazing, I keep expecting sideways or back down after 18 months of hell. Anyways, looks like some heft resistance between here and 310 so this might be a good spot to take a breath.

That spike might have just been some shorts closing or re-positioning... in any case, it was not the reaction you'd hope for as a buyer.

Slow and steady. It's like the new, grown up version of the bitcoin rally. Wink

Fakhoury

legendary

Activity: 1386

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Permabull Bitcoin Investor

Quote from: hmmkay on July 11, 2015, 09:12:14 PM

Quote from: Norway on July 11, 2015, 09:07:24 PM

Hard for media to ignore this (combined with the half year trend). It will be fashionable to buy bitcoin again on moooonday, he he he he he ....

Big media will probably start mentioning it when we break the previous ATH, so 1100+.

Just a small correction.

Our ATH was $1200+ and not $1100+

yefi

legendary

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Quote from: Norway on July 11, 2015, 08:51:44 PM

Nice, Yefi!!!!!

Merci

coinableS

legendary

Activity: 1442

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Dang $300 happened on a Saturday/Sunday depending on where you live. This bull run has been amazing, I keep expecting sideways or back down after 18 months of hell. Anyways, looks like some heft resistance between here and 310 so this might be a good spot to take a breath.

ImI

legendary

Activity: 1946

Merit: 1019

Quote from: shmadz on July 11, 2015, 09:25:20 PM

Quote from: ImI on July 11, 2015, 09:10:21 PM

Quote from: gentlemand on July 11, 2015, 09:02:28 PM

Quote from: ImI on July 11, 2015, 09:00:06 PM

stamp is the most important exchange. they have to cross 300.

Why do you consider it the most important? It's withered considerably since its hack and all that juicy leverage has enticed traders elsewhere.

observation. often huobi/okcoin/finex are moving but stamp doesnt move one inch and after a short period of time they all come back to stamps price level.

finex and especially the chinese exchanges have so much meaningless trading volume that i think even after the stamp hack they are still the leaders.

edit: you see? just like this time. finex went to 308 and stamp didnt move one dollar and finex had to come back to 302$ again. stamp is still the boss.

Hmmm, what happens if stamp breaks over 300 also?

buying frenzy to 310-320 on stamp

shmadz

legendary

Activity: 1512

Merit: 1000

@theshmadz

Quote from: ImI on July 11, 2015, 09:10:21 PM

Quote from: gentlemand on July 11, 2015, 09:02:28 PM

Quote from: ImI on July 11, 2015, 09:00:06 PM

stamp is the most important exchange. they have to cross 300.

Why do you consider it the most important? It's withered considerably since its hack and all that juicy leverage has enticed traders elsewhere.

observation. often huobi/okcoin/finex are moving but stamp doesnt move one inch and after a short period of time they all come back to stamps price level.

finex and especially the chinese exchanges have so much meaningless trading volume that i think even after the stamp hack they are still the leaders.

edit: you see? just like this time. finex went to 308 and stamp didnt move one dollar and finex had to come back to 302$ again. stamp is still the boss.

Hmmm, what happens if stamp breaks over 300 also?

Sitarow

legendary

Activity: 1792

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ejinte

hero member

Activity: 644

Merit: 500

LTC is pumping again on bitfinex. Huh

soullyG

hero member

Activity: 1011

Merit: 721

Decentralize everything

How are things looking on the short front? Surely we should be hitting stop losses soon?

Norway

sr. member

Activity: 406

Merit: 251

HODL!

JimboToronto

legendary

Activity: 4242

Merit: 5039

You're never too old to think young.

Wow. Sit down for a good meal and miss all the fun.

Nice to see $300 breached but methinks we're not done with the $290s just yet.

Still, it's a nice step on the long road back if for no other reason than it gets us back to where we started the year.

I think I'll enjoy a beverage. Cheers.

Norway

sr. member

Activity: 406

Merit: 251

Quote from: BlindMayorBitcorn on July 11, 2015, 09:19:23 PM

Could "300" be more gay than this gif? Well... yes. The original movie, lol! Grin

ImI

legendary

Activity: 1946

Merit: 1019

all exchanges wait for stamp.

i would say 310 in the coming 30min

Norway

sr. member

Activity: 406

Merit: 251

Quote from: hmmkay on July 11, 2015, 09:12:14 PM

Quote from: Norway on July 11, 2015, 09:07:24 PM

Hard for media to ignore this (combined with the half year trend). It will be fashionable to buy bitcoin again on moooonday, he he he he he ....

Big media will probably start mentioning it when we break the previous ATH, so 1100+.

Wrong. Bloomberg named bicoin as one of three good investments on wednesday/thursday. They actually called it spot on. My bet is massive media on mooooonday Wink

BlindMayorBitcorn

legendary

Activity: 1260

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ohsupgurl

newbie

Activity: 27

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http://media.giphy.com/media/Zr9O0yaUmk6Yw/giphy.gif

xxxxxzzzzz

member

Activity: 72

Merit: 11

punchin it punchin it punchiiiiiiiin it uuuuuup goodbye sub 300 (regardless of the uncooperative stamp and generally lagging behind btce)

shmadz

legendary

Activity: 1512

Merit: 1000

@theshmadz

Quote from: gentlemand on July 11, 2015, 09:02:28 PM

Quote from: ImI on July 11, 2015, 09:00:06 PM

stamp is the most important exchange. they have to cross 300.

Why do you consider it the most important? It's withered considerably since its hack and all that juicy leverage has enticed traders elsewhere.

The most important exchange is the one with the most liquidity. This is not the same as volume, but usually the two do go hand in hand.

As long as this is just a fakeout spike before the dump, then everything is gonna be ok.

If, however, this is a legitimate run on bitcoin, the higher price at one exchange will trigger buying at other exchanges in order to transfer for arbitrage. This type of event can expose whether an exchange is solvent or not. Chinese fake volume will not cover up a real run on bitcoin...

Speaking of which, has anyone come up with a reasonable explanation for that crazy spike on huobi, btcchina and okcoin yesterday? (just the litecoin dump, right?)

Norway

sr. member

Activity: 406

Merit: 251

Quote from: freedomno1 on July 11, 2015, 09:05:32 PM

Quote from: shmadz on July 11, 2015, 08:59:14 PM

Quote from: yefi on July 11, 2015, 08:50:09 PM

snip extremely nice hand crafted smiley graphics celebrating the rocket penetrating the 300 USD/BTC barrier

The wall street observer thread the best place to celebrate this
WOOT!!!

WELCOME TO THE PARTY! BRING IN THE BOOZE AND THE DONKEY!!!

hmmkay

full member

Activity: 306

Merit: 100

Quote from: Norway on July 11, 2015, 09:07:24 PM

Hard for media to ignore this (combined with the half year trend). It will be fashionable to buy bitcoin again on moooonday, he he he he he ....

Big media will probably start mentioning it when we break the previous ATH, so 1100+.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21311. (Read 26714528 times)