Chinese panic dump in 25 minutes
Careful not to get fixated, for you may loose what is important.
I have my orders set
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 23076. (Read 26609792 times)
February 01, 2015, 05:40:51 PM
Careful not to get fixated, for you may loose what is important.
I have my orders set
February 01, 2015, 05:37:16 PM
Chinese panic dump in 25 minutes
Careful not to get fixated, for you may loose what is important.
February 01, 2015, 05:36:33 PM
remove supply from the market? miners included? 
bulls, you better hurry up and buy all the coins till 250 $, now is your best shot, because sooner or later someone will dump into your face, and bid side is not looking actually good.
bulls, you better hurry up and buy all the coins till 250 $, now is your best shot, because sooner or later someone will dump into your face, and bid side is not looking actually good.
Miner volume is a drop in the bucket compared to how much volume whales move. And yes, they likely absorb this selling in the face of a rally. They have to to achieve the next major resistance (supply) point before going short. Look at a daily chart and you'll see where those areas will likely occur. It is not rocket science. All you have to do is join them.
February 01, 2015, 05:35:23 PM
Chinese panic dump in 25 minutes
February 01, 2015, 05:34:45 PM
so we arrived at the point where upswings are market manipulation and falling prices are the only natural thing? k, thx for this insight
When the market moves up dramatically for no apparent reason, yes.
Its all about chinese wash volume manipulations, every shitty pump and dump comes from their shitty exchanges tho.
February 01, 2015, 05:33:50 PM
so we arrived at the point where upswings are market manipulation and falling prices are the only natural thing? k, thx for this insight
Critical and cynical thinking is vital in any endeavor and I firmly support the idea that participants make informed decisions.
Unfortunately many are already party to this collusion.
http://www.macgetit.com/1422/do-you-have-critical-or-cynical-thinking-skills/
February 01, 2015, 05:31:45 PM
so we arrived at the point where upswings are market manipulation and falling prices are the only natural thing? k, thx for this insight
When the market moves up dramatically for no apparent reason, yes.
February 01, 2015, 05:29:55 PM
so we arrived at the point where upswings are market manipulation and falling prices are the only natural thing? k, thx for this insight
February 01, 2015, 05:29:15 PM
remove supply from the market? miners included?
bulls, you better hurry up and buy all the coins till 250 $, now is your best shot, because sooner or later someone will dump into your face, and bid side is not looking actually good.
bulls, you better hurry up and buy all the coins till 250 $, now is your best shot, because sooner or later someone will dump into your face, and bid side is not looking actually good.
February 01, 2015, 05:25:37 PM
The pumps/dumps are simply the big boys trading. Their volume moves the market, not the guys with 5btc. They know that in order to be bullish, they need to remove supply from the market first (thus the recent shakeout) so there's less selling into a rally. The good traders see this and can read supply & demand on the charts.
Normaly I would agree with you. However I have noticed a serious trend that has been pushing alts closer to the value of btc in order to get the maximum return on their alt investment.
This is not done by miners.
This gif animation shows the general idea of the attempt to weekend BTC market share and enable them to take profits by utilizing alt's.
Block advancement by throwing in higher volume trades effectively blocking organic movement in the market.
And then disguising the reduction of BTC circulating on the exchanges by margin trading and present it as normal by volume via various means such as 0% fee's.
February 01, 2015, 05:24:35 PM
This doesn't feel like pump.
Yes, its a totally manipulated attempt to squeeze shorters. February 01, 2015, 05:22:15 PM
The pumps/dumps are simply the big boys trading. Their volume moves the market, not the guys with 5btc. They know that in order to be bullish, they need to remove supply from the market first (thus the recent shakeout) so there's less selling into a rally. The good traders see this and can read supply & demand on the charts.
February 01, 2015, 05:21:04 PM
This doesn't feel like pump.
Yes, its a totally manipulated attempt to squeeze shorters.Well we will see in the next 4 hours. Yet from my perspective this has always been an attempt to dump LTC holdings at a higher USD rate by trading LTC for BTC and then let BTC rise and take profits at what ever the target $ is. What that value is unknown by me at least.
February 01, 2015, 05:20:05 PM
This doesn't feel like pump.
Yes, its a totally manipulated attempt to squeeze shorters. 
February 01, 2015, 05:18:58 PM
This doesn't feel like pump.
February 01, 2015, 05:15:14 PM
Well, convincing people to sell in order to fill you own buy orders is not cool imo.
I don't think by making a comment here would make people sell their stash 
Like counters.. Nothing gets the mob moving then a anticipation of missing out.
I will leave this here.
* that is the coolest gif I've seen since the bear driving the flaming car btw.
Thanks for that
NP
How long does it go? I stopped at 2 minutes
It will continue to go up if you walk away from your keyboard and you don't loose power.
February 01, 2015, 05:12:36 PM
It seems like another pump and dump.
February 01, 2015, 05:11:48 PM
I have no idea what is happening right now.
it's going up.
to go up 6$ though it needs a half a million $ in bitstamp?
February 01, 2015, 05:11:14 PM
the price going up a bit is a good sign, I think it can go up to $260 then the next big dump will follow.
I think thats somewhat optimistic. I expect price to remain in a narrow range for now between 220 - 250.
February 01, 2015, 05:10:53 PM
Well, convincing people to sell in order to fill you own buy orders is not cool imo.
I don't think by making a comment here would make people sell their stash Like counters.. Nothing gets the mob moving then a anticipation of missing out.
I will leave this here.
* that is the coolest gif I've seen since the bear driving the flaming car btw.
Thanks for that
NP
How long does it go? I stopped at 2 minutes
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