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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24834. (Read 26712842 times)

sr. member
Activity: 378
Merit: 254
sr. member
Activity: 476
Merit: 250
As time passes, then it's more and more beginning to look like the 30K coin purchase was just an attempt to stimulate the market.
Someone probably bought his own coins, to create an illusion of demand, attempting to stop the slow decline. Some people fell for it, and this caused some upward movement, but after the effect of this illusion faded, then back to the same situation where the market was before this show.

Don't forget it creates the illusion of support at 300, too.

Could be he was slowly cashing out on the way up to 1000 and had a lot of extra money to try and continue the run-up, figuring he'd be a millionaire either way but might as well try to make the rest of his coins worth more (and if he likes bitcoin, he might be willing to take losses to go for a price rise). Eventually he's going to need to sell excess if he hasn't already, so he can reload the "fiat cannons" and try again at a lower price.

It's going to be tough even if we do see a rise, as there are probably a lot of bagholders that would love to get out if it hits the price they bought in at so their spouses don't divorce them for losing half their life savings or whatever.
legendary
Activity: 2170
Merit: 1094
Support broken on OKcoin, time to panic? Wink
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 876
Merit: 1000
As time passes, then it's more and more beginning to look like the 30K coin purchase was just an attempt to stimulate the market.
Someone probably bought his own coins, to create an illusion of demand, attempting to stop the slow decline. Some people fell for it, and this caused some upward movement, but after the effect of this illusion faded, then back to the same situation where the market was before this show.
legendary
Activity: 2338
Merit: 1035
hero member
Activity: 658
Merit: 500
Volume is not amazing, but don't worry, low volume dumps with very weak buying pressure is anything BUT bullish  Grin


We will probably revisit the low $300s, and maybe even go down as low as $230-$210 before the big bounce (there's the long term log trend line there, that will make for a local bottom).

All that in the next few days, but it will probably take like a week or so.

If we are making a new low as you assume breaking the 266 mark you don't have to buy anymore. It's over than. It will drop to two digits and won't recover for a year.
hero member
Activity: 742
Merit: 500
Volume is not amazing, but don't worry, low volume dumps with very weak buying pressure is anything BUT bullish  Grin


We will probably revisit the low $300s, and maybe even go down as low as $230-$210 before the big bounce (there's the long term log trend line there, that will make for a local bottom).

All that in the next few days, but it will probably take like a week or so.
sr. member
Activity: 378
Merit: 254
340 should get broken soon, right? Maybe it will trigger some action. Till then...

hero member
Activity: 812
Merit: 1000
340 should get broken soon, right? Maybe it will trigger some action. Till then, cut the loose
hero member
Activity: 742
Merit: 500
legendary
Activity: 1190
Merit: 1001
Sideways on low volume for a few days means it's dumping time on bitfinex. Probably revisiting 330s.
Don't worry, we were promised that we'd never see 330 again.

I am telling you sub $330 BTC will never happen again.  If it does I will never post in this thread again.  Huge pumps are incoming in the next few mins / hours.  

we also got the promise to see 377 until some time ago.




At least he will keep his promise and never post again if it happens? Or will he also fail on that?
legendary
Activity: 2772
Merit: 1127
Sideways on low volume for a few days means it's dumping time on bitfinex. Probably revisiting 330s.
Don't worry, we were promised that we'd never see 330 again.

I am telling you sub $330 BTC will never happen again.  If it does I will never post in this thread again.  Huge pumps are incoming in the next few mins / hours. 

we also got the promise to see 377 until some time ago.


legendary
Activity: 1022
Merit: 1008
Delusional crypto obsessionist
Sideways on low volume for a few days means it's dumping time on bitfinex. Probably revisiting 330s.
Don't worry, we were promised that we'd never see 330 again.

I am telling you sub $330 BTC will never happen again.  If it does I will never post in this thread again.  Huge pumps are incoming in the next few mins / hours. 
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
hero member
Activity: 658
Merit: 500
Great, Bitfinex is the new lead exchange nowadays. That guys can set the price wherever they want.
full member
Activity: 140
Merit: 100
I just don't get it, it went $7 and you are complaining, what will you do when we hit sub $1xx ?

I have a very complicated trading strategy you couldn't possibly understand

Thats through. Its already gone down around 250$ since the past 2 months, and people can't care about complaining about a 7$ dip.
hero member
Activity: 672
Merit: 500
Fake volume bot running on OKCoin again!



"There is no manipulation" - Blitz
legendary
Activity: 1190
Merit: 1001
I just don't get it, it went $7 and you are complaining, what will you do when we hit sub $1xx ?

Panic sell at bottom to Wall Street guys, exactly the day before ETF is officially announced and price skyrocket again  Grin

ETF officially announced...
Still a rumor or do you have some concrete news about this?

Is it officially confirmed? With date? All paperwork ready? All details?
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