OMG, i am so glad I didnt purchase Litecoins yesterday...i was SOO close.
Now LTC, NMC,PPC are falling!!!
Can someone please expaine what happened?
What technique is it?=)
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21443. (Read 26732552 times)
July 10, 2015, 06:15:47 AM
July 10, 2015, 06:07:54 AM
I haven't checked the price this morning until just now. Damn! Nice surprise.
Exactly what I thought. What a nice Friday treat! Exciting too. Litecoin money moved to btc?
I'm assuming that's exactly what's happened mate. We need to cross that psychological 300 barrier
July 10, 2015, 06:06:33 AM
I haven't checked the price this morning until just now. Damn! Nice surprise.
Exactly what I thought. What a nice Friday treat! Exciting too. Litecoin money moved to btc?
July 10, 2015, 06:05:08 AM
I haven't checked the price this morning until just now. Damn! Nice surprise.
July 10, 2015, 06:01:36 AM
July 10, 2015, 05:53:19 AM
Bitcoin is trading oddly at the moment. Highly volatile in a narrow range.
We may be shedding last few bears and profit takers before the next move.
We may be shedding last few bears and profit takers before the next move.
BTC-e doesn't want to bash through $270. But it keeps trying only to be taken back down to $263. And then it slowly repeats.
My theory:
Bitcoin is intentionally being suppressed, but in a unique way. The whales are busy pumping the litecoin market. Bitcoins are being sold to the whales in exchange for litecoins, so that noobs can play the litecoin rally. The whales are holding the bitcoin price fairly steady to make it seem unappealing and boring. The whales are also attacking the Bitcoin network with spam to continue to delay things.
Once that is done and LTC maxes out, the whales will then take off the parking brake and Bitcoin will start to rally. The whales will mass dump their remaining litecoin for bitcoin. All the noobs will then rush in from LTC to BTC en masse, forcing the rally even higher. The world will then start reading about bitcoin in the media and join in the Bitcoin party.
When that happens, Katy bar the door.
Feels good to make an accurate prediction for a change...
July 10, 2015, 05:52:11 AM
Fun is over lads.
July 10, 2015, 05:41:40 AM
so when will they finally hard fork crypto grandpa ?
it's time now !
it's time now !
July 10, 2015, 05:41:05 AM
As far as the Chinese exchanges go, anyone who got their money out before 50% of stocks were suspended has fresh cash and a gambling addiction which needs to be expressed, so it's not that surprising bitcoin is getting some attention.
July 10, 2015, 05:35:30 AM
The Litecoin market is not big enough to push Bitcoin up $15 by dropping Litecoin by $2.
thisand now we see why someone was holding the BTC price back on BTCE for as long as possible.
BTC-E is not a market maker, okgox/goxobi and finex are, finex clearly showed that market makers dont plan to push price above 290$ (there would be fake walls of 15-18k being moved higher to 270-280$ in order to do that). Its just chinese retards cashing out their ponzied ltc to btc at any cost. Chill out people, shit is almost over.
Lots of action, and who knows what happened on Huobi with such a price spike... nearly $400, no?... and maybe someone did really accidentally buy some coins on Huobi for way over market value?
$300 does seem to be within reach, but I would NOT be surprised to hover in the upper $200s for a week or more.
To bad there is no real way to get your money out of those exchanges if you are a foreigner..... :-( :-(
Not that I would really trust those exchanges as a foreigner.
July 10, 2015, 05:35:16 AM
i would be fine with 280 for a while 
July 10, 2015, 05:28:12 AM
The Litecoin market is not big enough to push Bitcoin up $15 by dropping Litecoin by $2.
thisand now we see why someone was holding the BTC price back on BTCE for as long as possible.
BTC-E is not a market maker, okgox/goxobi and finex are, finex clearly showed that market makers dont plan to push price above 290$ (there would be fake walls of 15-18k being moved higher to 270-280$ in order to do that). Its just chinese retards cashing out their ponzied ltc to btc at any cost. Chill out people, shit is almost over.
Lots of action, and who knows what happened on Huobi with such a price spike... nearly $400, no?... and maybe someone did really accidentally buy some coins on Huobi for way over market value?
$300 does seem to be within reach, but I would NOT be surprised to hover in the upper $200s for a week or more.
July 10, 2015, 05:27:23 AM
The Litecoin market is not big enough to push Bitcoin up $15 by dropping Litecoin by $2.
thisand now we see why someone was holding the BTC price back on BTCE for as long as possible.
BTC-E is not a market maker, okgox/goxobi and finex are, finex clearly showed that market makers dont plan to push price above 290$ (there would be fake walls of 15-18k being moved higher to 270-280$ in order to do that). Its just chinese retards cashing out their ponzied ltc to btc at any cost. Chill out people, shit is almost over.
Only its the major "western exchange" for converting your LTC to BTC directly - without going through USD
July 10, 2015, 05:20:30 AM
The Litecoin market is not big enough to push Bitcoin up $15 by dropping Litecoin by $2.
thisand now we see why someone was holding the BTC price back on BTCE for as long as possible.
BTC-E is not a market maker, okgox/goxobi and finex are, finex clearly showed that market makers dont plan to push price above 290$ (there would be fake walls of 15-18k being moved higher to 270-280$ in order to do that). Its just chinese retards cashing out their ponzied ltc to btc at any cost. Chill out people, shit is almost over.
July 10, 2015, 05:19:15 AM
LTC going down again.
July 10, 2015, 05:18:23 AM
The Litecoin market is not big enough to push Bitcoin up $15 by dropping Litecoin by $2.
this July 10, 2015, 05:15:54 AM
The Litecoin market is not big enough to push Bitcoin up $15 by dropping Litecoin by $2.
thisand now we see why someone was holding the BTC price back on BTCE for as long as possible.
July 10, 2015, 05:06:50 AM
The Litecoin market is not big enough to push Bitcoin up $15 by dropping Litecoin by $2.
this July 10, 2015, 05:04:55 AM
Wow what a rise! 
I'm guessing you weren't around for 2013? July 10, 2015, 05:04:07 AM
next 24h critical
No. We will go back to stable 250-275$.
This spike was caused by LTC cash-out.
Just have a look at all BTC/LTC charts.
Has nothing to do with BTC demand bought by FIAT.
The cycle was very easy:
Accumulate LTC with FIAT or BTC.
Pump LTC like shit (Ponzi in China)
Trade LTC for BTC -> increase BTC price
Sell BTC for FIAT -> drop to levels before the LTC pump
Rinse and repeat. Love that unregulated market. So many people to lose money. Thanks.
Time will tell. The bitcoin 1w chart is looking extremely bullish. Just an uptrend is enough to keep momentum buying to get us over 300 and then once we breach 300 on finex / bearstamp / btc-e things could get really exciting real quick.
Wont happen unless it corrects itself to 255-260$ atleast + greece hype is almost done + blockchain spam dude. BTC will be at >300$ but not this month for sure.
MmmK, It's at 292 on Finex with a bit of momentum still left in it. $8 and 4,300 coins are that separate us from $300. And that's not even taking the crazy Huobi market into account.
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