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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 23087. (Read 26609500 times)

legendary
Activity: 1176
Merit: 1000
Shorts up another 5k to 19,000. Didnt take long for those to pile on. It is going to take a few more skinnings to make people afraid to short btc.
sr. member
Activity: 280
Merit: 250


I guess we could always lower the difficulty (again)?
member
Activity: 94
Merit: 10
KK guys y'ready? Put on your Depends & get primed for that sweet ~$120-137 all-in leveraged buy on 'Finex/BTC.SX, it's gonna be =BROWN= <3

Just a few days more, or maybe a couple weeks of sideways around $180-200 first.

Also, ^post above me speaks truth.
sr. member
Activity: 407
Merit: 250
I have noticed too. In fact, nothing in the real world seems to be relevant to bitcoin price.


You hit the nail on the head. 

Bitcoin is all about mining and speculation.  The equilibrium is reached when when the amount of fresh cash for speculation equals the amount paid for the electricity by miners.
legendary
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
Someone borrowed 4k to dump into that wall on Finex.
Gotta buy em back at some point.

hmm was going to ask for a source but    602.22   Flash Return Rate (current: 0.0176%)   
was at 4900 coins last i seen so someone(s) sure did borrow a ton of coins recently

http://bfxdata.com/swaphistory/totals.php

Longs are down. I think it was like 15,250,xxx 12 hrs ago
hero member
Activity: 798
Merit: 1000
Someone borrowed 4k to dump into that wall on Finex.
Gotta buy em back at some point.

hmm was going to ask for a source but    602.22   Flash Return Rate (current: 0.0176%)   
was at 4900 coins last i seen so someone(s) sure did borrow a ton of coins recently

http://bfxdata.com/swaphistory/totals.php
hero member
Activity: 896
Merit: 1000
Someone borrowed 4k to dump into that wall on Finex.
Gotta buy em back at some point.

hmm was going to ask for a source but    602.22   Flash Return Rate (current: 0.0176%)   
was at 4900 coins last i seen so someone(s) sure did borrow a ton of coins recently
sr. member
Activity: 500
Merit: 250
Shrooomsie....Cheap coinnsssssssssssssss!!!!!
hero member
Activity: 798
Merit: 1000
Someone borrowed 4k to dump into that wall on Finex.
Gotta buy em back at some point.
legendary
Activity: 1526
Merit: 1012
member
Activity: 68
Merit: 10
Just bought more at 216. I don't worry. Cheesy

funny enough for some reason that was a buy in point i picked as well

 Roll Eyes


still wouldn't mind further drops

Put a stop loss on in case of further drops.
sr. member
Activity: 280
Merit: 250
Just bought more at 216. I don't worry. Cheesy

funny enough for some reason that was a buy in point i picked as well

 Roll Eyes


still wouldn't mind further drops

Madness is contagious.
hero member
Activity: 798
Merit: 1000
Who's there?
...  velocity of money ...
What's interesting about money velocity is it's range. Average time bitcoin is held can vary from 10 minutes (confirmation time) to 20 years (retirement money), that is in million times. That is if bitcoin perception in user's mind changes from "hot potato" to "gold", it price will increase million-fold.
hero member
Activity: 854
Merit: 1000
pumping this bitch in

3


2


1



?
legendary
Activity: 2128
Merit: 1005
ASIC Wannabe
Just bought more at 216. I don't worry. Cheesy

funny enough for some reason that was a buy in point i picked as well

 Roll Eyes


still wouldn't mind further drops

im sick of drops. im loaded up and ready to roll! The dips and bumps are nice because i use 2-3BTC for some fun day-trading (im up ~5% in the last two weeks), but I thought bitcoin would have achieved the $600/BTC plateau again by now.
hero member
Activity: 896
Merit: 1000
Just bought more at 216. I don't worry. Cheesy

funny enough for some reason that was a buy in point i picked as well

 Roll Eyes


still wouldn't mind further drops
hero member
Activity: 854
Merit: 1000
bitstamp waking up now.

I'll always own one bitcoin.. I have to after so many years getting burned and robbed.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 798
Merit: 1000
I must admit that coinbase pump was one of the most gruesome pumps in the history of bitcoin pumps.

many bulls got annihilated and I expect a quick fall to sub 200.

Yes and yes, totally agree

And with the mother of all H&S clearly visible on the 4hr and 6hr the target ought to be about $150 IMO, possibly next week, though I would expect us to overshoot if that materialises
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