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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 23085. (Read 26609624 times)

legendary
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
full member
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www.secondstrade.com - 190% return Binary option
How low can this possibly go?  I'm thinking 160ish

I would speculate 180'sh . Because if it goes to 160, then we are definitely going to see a more lower point after that.
legendary
Activity: 1512
Merit: 1005
How low can this possibly go?  I'm thinking 160ish
Daily chart on this downmove is on declining volume... that's a sign of market strength. I got out of my short around $230.
I've observed that in Bitcoin, secondary tests of lows after selling climaxes (on larger timescales) generally don't play out all the way to the previous low, which would be $160. We might see $200. We bounced off $160 on such high volume that it's going to be one hell of a support level to break back through (expensive for whales, they can't dump forever unless they get the sheep to follow). The lower we go the stronger the reaction rally will be as more supply from weak hands will be siphoned out.
Another reason for the lull is that in the US, everyone is partying for the Super Bowl. I know I'll be away from the charts drinking beer and eating nachos.

Shall we call it "The great nacho lull of 2015?"

Ha! More like "The Great Drunken Panic Buy of 2015"

He should demand a bitcoin ticker on the splendid screens they have at the stadiums.
hero member
Activity: 924
Merit: 1000
How low can this possibly go?  I'm thinking 160ish
Daily chart on this downmove is on declining volume... that's a sign of market strength. I got out of my short around $230.
I've observed that in Bitcoin, secondary tests of lows after selling climaxes (on larger timescales) generally don't play out all the way to the previous low, which would be $160. We might see $200. We bounced off $160 on such high volume that it's going to be one hell of a support level to break back through (expensive for whales, they can't dump forever unless they get the sheep to follow). The lower we go the stronger the reaction rally will be as more supply from weak hands will be siphoned out.
Another reason for the lull is that in the US, everyone is partying for the Super Bowl. I know I'll be away from the charts drinking beer and eating nachos.

Shall we call it "The great nacho lull of 2015?"

Ha! More like "The Great Drunken Panic Buy of 2015"
legendary
Activity: 1512
Merit: 1000
@theshmadz
If the fed chair were in charge of bitcoin: We may or may not continue the manipulation of the interest rate, that depends on the numbers we can more or less accidentally glean out our helpless statistics, come to think of it, we will continue manipulating, whether higher or lower, indefinitely. If something happens or not happens, we will not engage in a new quantitative easing program, unless shit really happens, then we might. And I really shouldn't tell you, but our actions can not be too obvious, so we may invent something new, or maybe we already have invented it, and are ready to act, depending on my aunts cats rate of miauing.

As long as the bitcoin god is in charge of bitcoin: There will be reward halving at block 420000.



And there, amid the mindless braying of trolls, can be found, from time to time, a snippet of prose.


legendary
Activity: 1792
Merit: 1047
Don't trade with leverage.
Just like on Sunday last week there is high bot activity with LTC being dumped for BTC on BTC-e atm by bots small sell ltc buy btc amounts. WE may see a rise in BTC/USD with in the next hour.

1am EST 2015/2/1


1:36am EST 2015/2/1
legendary
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hero member
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couple of nice sized buys on bitfinex 5000 btc shorter buying back?
hero member
Activity: 924
Merit: 1000
How low can this possibly go?  I'm thinking 160ish

TA fodder:

Daily chart on this downmove is on declining volume... that's a sign of market strength. I got out of my short around $230.

I've observed that in Bitcoin, secondary tests of lows after selling climaxes (on larger timescales) generally don't play out all the way to the previous low, which would be $160. We might see $200. We bounced off $160 on such high volume that it's going to be one hell of a support level to break back through (expensive for whales, they can't dump forever unless they get the sheep to follow). The lower we go the stronger the reaction rally will be as more supply from weak hands will be siphoned out.

Another reason for the lull is that in the US, everyone is partying for the Super Bowl. I know I'll be away from the charts drinking beer and eating nachos.
legendary
Activity: 1792
Merit: 1047
0040 EST 2015/2/1

LTC dump for BTC  and LTC - USD LTC - CNY price pushed down in a run to cash. For what end? Low sell pressure on BTC/USD low volume too.







LTC sold for BTC and now holders of LTC have to decide when to bail for BTC in order to prepare for the BTC/USD rise?
sr. member
Activity: 434
Merit: 250
How low can this possibly go?  I'm thinking 160ish

How about $0.99?
legendary
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
How low can this possibly go?  I'm thinking 160ish
hero member
Activity: 616
Merit: 500
At least we waited until first of february to the bear ride probably below 200.

Would be too bearish if the poll asked about a bear attack in february and the bear attack to sub 200 happened in January
legendary
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legendary
Activity: 1596
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Smile
legendary
Activity: 1320
Merit: 1007
GUYS IM OUT FUCK THIS TIME TO PUT EVERYTHING INTO RIPPLE

just kidding i'm not a fucking retard

made me lol. I was looking into buying XRP today, then I read this:

"The founders of Ripple Labs created 100 billion XRP at Ripple's inception. No more can be created according to the rules of the Ripple protocol. Of the 100 billion created, 20 billion XRP were retained by the creators, seeders, venture capital companies and other founders. The remaining 80 billion were given to Ripple Labs. Ripple Labs intends to distribute and sell 55 of that 80 billion XRP to users and strategic partners. Ripple Labs also had a giveaway of under 200 million XRP (0.002% of all XRP) via World Community Grid that was later discontinued.[29] Ripple Labs will retain the remaining 25 billion"

BIG BAG OF NOPE
hero member
Activity: 924
Merit: 1000
So someone borrows like BTC5k (BFX shorts) and market sells them moving the price by few dollars and that's suppose to be bearish?  Cheesy

My thoughts too... Seems like a shakeout.
legendary
Activity: 2833
Merit: 1851
In order to dump coins one must have coins
GUYS IM OUT FUCK THIS TIME TO PUT EVERYTHING INTO RIPPLE

just kidding i'm not a fucking retard

made me lol never go full retard
legendary
Activity: 992
Merit: 1000
GUYS IM OUT FUCK THIS TIME TO PUT EVERYTHING INTO RIPPLE

just kidding i'm not a fucking retard
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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