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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24719. (Read 26713440 times)

hero member
Activity: 924
Merit: 1000
Looks like sellers have exited the market for now and demand has taken over in the short term. Although a possible retest of $300 is not out of the question, it's become less likely. More likely is a test of $400, then another shakeout of shorters who will inevitably be drawn back in as we move up toward that resistance.

I bought at the $300 wall back at the selling climax. Today I added to my position based on a renewed uptrend based on coin supply that has been sold to smart money who are happy to buy at these prices. What will follow in the the next month, after a final shakeout or two, is a markup campaign by the same big players who have been quietly accumulating during this sideways movement. This will draw in more money as the cheap coins are sold to them, and the cycle will begin again.


I hope this to be truish...I'm not big on markup campaigns.

No point in watching huobi with anything but the god dam 1 min charts.. love watching whales splash around.

Markup can be organic too, although it's almost always "encouraged" by whales. The key is recognizing their patterns of accumulation before it happens.

The only way I see it going up is if smart money has been buying and holding during the downtrend. Then the floating coin supply dries up and price rises organically.
hero member
Activity: 574
Merit: 500
Looks like sellers have exited the market for now and demand has taken over in the short term. Although a possible retest of $300 is not out of the question, it's become less likely. More likely is a test of $400, then another shakeout of shorters who will inevitably be drawn back in as we move up toward that resistance.

I bought at the $300 wall back at the selling climax. Today I added to my position based on a renewed uptrend based on coin supply that has been sold to smart money who are happy to buy at these prices. What will follow in the the next month, after a final shakeout or two, is a markup campaign by the same big players who have been quietly accumulating during this sideways movement. This will draw in more money as the cheap coins are sold to them, and the cycle will begin again.


I hope this to be truish...I'm not big on markup campaigns.

No point in watching huobi with anything but the god dam 1 min charts.. love watching whales splash around.
hero member
Activity: 924
Merit: 1000
Looks like sellers have exited the market for now and demand has taken over in the short term. Although a possible retest of $300 is not out of the question, it's become less likely. More likely is a test of $400, then another shakeout of shorters who will inevitably be drawn back in as we move up toward that resistance.

I bought at the $300 wall back at the selling climax. Today I added to my position based on a renewed uptrend based on coin supply that has been sold to smart money who are happy to buy at these prices. What will follow in the the next month, after a final shakeout or two, is a markup campaign by the same big players who have been quietly accumulating during this sideways movement. This will draw in more money as the cheap coins are sold to them, and the cycle will begin again.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1260
Merit: 1002
sr. member
Activity: 434
Merit: 250
beautiful. I can't wait to quote that asshat in 2016.

Basically he's saying bitcoin is bad as a currency because

1) It's not already used by everyone
2) People think that they will get reach if it succeeds


Neither of which have anything to do with whether or not a currency will succeed

This sounds exactly like those old school reporters who said that the internet and digital media will never take the place of a book or newspaper.

+1. Based on what he said, we should ignore that elderly because his words have no substance.
legendary
Activity: 1260
Merit: 1000
World Class Cryptonaire
beautiful. I can't wait to quote that asshat in 2016.

Basically he's saying bitcoin is bad as a currency because

1) It's not already used by everyone
2) People think that they will get reach if it succeeds


Neither of which have anything to do with whether or not a currency will succeed

This sounds exactly like those old school reporters who said that the internet and digital media will never take the place of a book or newspaper.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 952
Merit: 281

too stupid dont see...

 basically he says that future currency is virtual fiat currency so bank can print without paper and ink, and bitcoiner are lunatic...



That's really all you got out of that?

oh yes the number of  bitoiner are so small and bitcoin decentralization is stupid and delusional cultist. i stop watching after that.  
Having a news anchor defend Bitcoin shows how far we have come
legendary
Activity: 1680
Merit: 1045
beautiful. I can't wait to quote that asshat in 2016.
hero member
Activity: 574
Merit: 500
China just loves unleashing high volume positions about mid day there. Sooo not cool.

Good, real exchanges are digging in at ~$300. China keeps showing dumps with huge volumes, but no one is following and instead we're finally getting decoupling. I wanna see that gap grow!!!!

more and more the dumps are being eaten maybe by a Chinese bull that or the support is growing for the dumps that are expected.

arbitrage will keep that gap tight, so be they can move money where it is needed.
legendary
Activity: 2833
Merit: 1851
In order to dump coins one must have coins
China just loves unleashing high volume positions about mid day there. Sooo not cool.

Good, real exchanges are digging in at ~$300. China keeps showing dumps with huge volumes, but no one is following and instead we're finally getting decoupling. I wanna see that gap grow!!!!
hero member
Activity: 574
Merit: 500
China just loves unleashing high volume positions about mid day there. Sooo not cool.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1512
Merit: 1000
@theshmadz

I love that we have the internet just so that these idiots ignorance can eventually get exposed

Didn't sound that unreasonable to me.

I made it about halfway through, the white hair guy is an actor and the agenda is to keep the price as low as possible for as long as possible.

I approve of this obvious package of propaganda.

(Edit: unless I'm completely wrong, this is just part of the scheme to keep the masses out of the game until all positions have been set. Once you see actors like this telling you to buy, that's when it's time to sell.)
legendary
Activity: 1456
Merit: 1000

too stupid dont see...

 basically he says that future currency is virtual fiat currency so bank can print without paper and ink, and bitcoiner are lunatic...



That's really all you got out of that?

oh yes the number of  bitoiner are so small and bitcoin decentralization is stupid and delusional cultist. i stop watching after that.  
sr. member
Activity: 476
Merit: 250

too stupid dont see...

 basically he says that future currency is virtual fiat currency so bank can print without paper and ink, and bitcoiner are lunatic...



That's really all you got out of that?
legendary
Activity: 1456
Merit: 1000

too stupid dont see...

 basically he says that future currency is virtual fiat currency so bank can print without paper and ink, and bitcoiner are lunatic...

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