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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21937. (Read 26609741 times)

legendary
Activity: 1764
Merit: 1031
So what happened with the short squeeze guy? The market was pretty flat. Did his interest bill get too big or was a small movement up enough to get margin called?
hero member
Activity: 910
Merit: 1000
I believe that the current pump has to do with MtGox withdrawal process. Here's more info: https://bitcointalksearch.org/topic/m.11161910

Holy schmokes! The ungoxxing is happening  Shocked  So Sept 9th when people receive their funds, is everyone going to cash out, or will they do the free tradining? Should be interesting to see how this plays out.

Love Kraken. Do they even know what they're getting into? J/k they'll use it all as marketing.
legendary
Activity: 1442
Merit: 1186
I believe that the current pump has to do with MtGox withdrawal process. Here's more info: https://bitcointalksearch.org/topic/m.11161910

Holy schmokes! The ungoxxing is happening  Shocked  So Sept 9th when people receive their funds, is everyone going to cash out, or will they do the free tradining? Should be interesting to see how this plays out.
legendary
Activity: 2464
Merit: 1145
China pushing up to 237. Finex, BTC-E and Bitstamp not moving at all.

Coinbase exchange is staying over OKcoin spot price at the moment.


Sweet, then the others will probably creep up too.


Creep up, but for how long will it last.  BTC prices have had a tough time in the past 6 months or so.  Surely, we need to see some creeping back into the $300 and $400 territories... and really, $500 or $600 seems to be a much more reasonable ongoing value for the next year or so... though I probably would NOT even be content with that in order to get some meaningful market cap for BTC to be in the 10s of billions rather than in the lower single digits of billions.



It all depends on what kind of headway it makes in the months to come. If it  finds some convincing mainstream usage we can kiss the sub thousands goodbye before the year is up.


How do you define 'mainstream usage'? I think many people are still hoping their dreams of paying for their coffee at every plain old coffee shop becomes true - I don't think Bitcoin was made for that, it actually makes things more complicated when paying for your coffee or beer.

TBH I have a feeling BTC could make headway in purchase of digital content by under 18s.

i agree,

gaming industry will be hugely profited by blockchain, imagine pirate-proof games

Most games today can only be used online.
you cant pirate them anymore Smiley
legendary
Activity: 1456
Merit: 1000
China pushing up to 237. Finex, BTC-E and Bitstamp not moving at all.

Coinbase exchange is staying over OKcoin spot price at the moment.


Sweet, then the others will probably creep up too.


Creep up, but for how long will it last.  BTC prices have had a tough time in the past 6 months or so.  Surely, we need to see some creeping back into the $300 and $400 territories... and really, $500 or $600 seems to be a much more reasonable ongoing value for the next year or so... though I probably would NOT even be content with that in order to get some meaningful market cap for BTC to be in the 10s of billions rather than in the lower single digits of billions.



It all depends on what kind of headway it makes in the months to come. If it  finds some convincing mainstream usage we can kiss the sub thousands goodbye before the year is up.


How do you define 'mainstream usage'? I think many people are still hoping their dreams of paying for their coffee at every plain old coffee shop becomes true - I don't think Bitcoin was made for that, it actually makes things more complicated when paying for your coffee or beer.

TBH I have a feeling BTC could make headway in purchase of digital content by under 18s.

i agree,

gaming industry will be hugely profited by blockchain, imagine pirate-proof games
sr. member
Activity: 336
Merit: 250
Think we would see a continuation of the uptrend when we close above $240 tonight (1 day MA)
Seems to be a big resistance point for the past weeks.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1232
Merit: 1011
yes, waiting for a good entry point and dipping my toes a little bit.
legendary
Activity: 1456
Merit: 1000
hi,

the price is now 235, have you ppl shorted  (and burned) yet ?

 Grin

bulls getting trapped again.

even if we go to 230+ that will be just another good opportunity to short, nothing more.

this looks very weak.

228-230 would be a sweet spot, but I don't think it will make it.


shoulder should be done sooner than later
donator
Activity: 2772
Merit: 1019
Nothing is more funny to a bull than the OKcoin bear that got margin called today for 31,000 BTC/3 million dollars. His wife is gonna kill him.



You need to have some guts to go 10x leverage with $3 mill tho, gotta give him that.

was it 10x or 100x?
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
I believe that the current pump has to do with MtGox withdrawal process. Here's more info: https://bitcointalksearch.org/topic/m.11161910
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
China pushing up to 237. Finex, BTC-E and Bitstamp not moving at all.

Coinbase exchange is staying over OKcoin spot price at the moment.


Sweet, then the others will probably creep up too.


Creep up, but for how long will it last.  BTC prices have had a tough time in the past 6 months or so.  Surely, we need to see some creeping back into the $300 and $400 territories... and really, $500 or $600 seems to be a much more reasonable ongoing value for the next year or so... though I probably would NOT even be content with that in order to get some meaningful market cap for BTC to be in the 10s of billions rather than in the lower single digits of billions.



It all depends on what kind of headway it makes in the months to come. If it  finds some convincing mainstream usage we can kiss the sub thousands goodbye before the year is up.


How do you define 'mainstream usage'? I think many people are still hoping their dreams of paying for their coffee at every plain old coffee shop becomes true - I don't think Bitcoin was made for that, it actually makes things more complicated when paying for your coffee or beer.

TBH I have a feeling BTC could make headway in purchase of digital content by under 18s.
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
China pushing up to 237. Finex, BTC-E and Bitstamp not moving at all.

Coinbase exchange is staying over OKcoin spot price at the moment.


Sweet, then the others will probably creep up too.


Creep up, but for how long will it last.  BTC prices have had a tough time in the past 6 months or so.  Surely, we need to see some creeping back into the $300 and $400 territories... and really, $500 or $600 seems to be a much more reasonable ongoing value for the next year or so... though I probably would NOT even be content with that in order to get some meaningful market cap for BTC to be in the 10s of billions rather than in the lower single digits of billions.



It all depends on what kind of headway it makes in the months to come. If it  finds some convincing mainstream usage we can kiss the sub thousands goodbye before the year is up.


How do you define 'mainstream usage'? I think many people are still hoping their dreams of paying for their coffee at every plain old coffee shop becomes true - I don't think Bitcoin was made for that, it actually makes things more complicated when paying for your coffee or beer.
legendary
Activity: 1120
Merit: 1000

And suddenly Coinbase is back to normal.

Still wondering why so big orderbook in the last days
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
China pushing up to 237. Finex, BTC-E and Bitstamp not moving at all.

Coinbase exchange is staying over OKcoin spot price at the moment.


Sweet, then the others will probably creep up too.


Creep up, but for how long will it last.  BTC prices have had a tough time in the past 6 months or so.  Surely, we need to see some creeping back into the $300 and $400 territories... and really, $500 or $600 seems to be a much more reasonable ongoing value for the next year or so... though I probably would NOT even be content with that in order to get some meaningful market cap for BTC to be in the 10s of billions rather than in the lower single digits of billions.



It all depends on what kind of headway it makes in the months to come. If it  finds some convincing mainstream usage we can kiss the sub thousands goodbye before the year is up.
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
China pushing up to 237. Finex, BTC-E and Bitstamp not moving at all.

Coinbase exchange is staying over OKcoin spot price at the moment.


Sweet, then the others will probably creep up too.


Creep up, but for how long will it last.  BTC prices have had a tough time in the past 6 months or so.  Surely, we need to see some creeping back into the $300 and $400 territories... and really, $500 or $600 seems to be a much more reasonable ongoing value for the next year or so... though I probably would NOT even be content with that in order to get some meaningful market cap for BTC to be in the 10s of billions rather than in the lower single digits of billions.

newbie
Activity: 6
Merit: 0
Nothing is more funny to a bull than the OKcoin bear that got margin called today for 31,000 BTC/3 million dollars. His wife is gonna kill him.


No kidding, this guy was slaughtered on the alter of doom and it was a major shot across the bow of the bearmobile. If it can happen to this guy, it could happen to anyone. Wink

Very true. Too many people been getting fat for far too long just betting the fall will continue. Well a year and a half is a long time.

I hope this can be a lesson for the rest of them Angry

It's become easy money and that makes people careless which is likely what's going on here. I wonder if him or her has done a similar thing before and it's just been fine so they were feeling much to secure (and they were likely asleep!)
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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