Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24983. (Read 26710965 times)

it's fake. But it's still a good time to buy

Explanation

Yeah I was sleeping and then gone to work just got home. Nice to see. Lets hope its not a fake one ... even if it is, letting such build up above it so we can get a higher base finally.

It seems to have accomplished its purpose over the 9-10 hours it's been there. The price has risen from 2300 to around 2400.

can you explain that? or is this just from observation of the chart over the last 10 months?

Or is this a question of timeframe? I really want to understand that attitude.

Nice buy wall there holy cow biggest I have seen in a while.

Well, I am pleased that Brazilians so far have proven to be smarter than Argentinians.  But we already knew that. 

The article claims that the BitcoinRain ponzi (that promised almost 10% return per month on your bitcoin investment) was closed by the Evil Government.  I wish it was, but the government at the time did not even know how to spell "bitcoin".  The story I have read, in this forum and elsewhere, is that one BitcoinRain investor eventually asked to withdraw his account, about 1000 BTC.  Before executing the order, the owner went on vacation for a couple of days (so claim the reports), and then, in one of those bizarre "bitcoincidences", MercadoBitcoin was hacked and all bitcoins were stolen, including the holdings of the BitcoinRain fund, that were stored there.  Eventually MercadoBitcoin provided its clients's bitcoins back, but the BitcoinRain investors never got theirs.  The owner sold MercadoBitcoin, and the new owners do not see themselves responsible for the BitcoinRain hole.

The Brazilian Real is stronger than the Argentinian Peso, but both have fared much better than bitcoin in 2014.  People who try to sell bitcoin as a way to protect one's investment from inflation should be jailed, IMHO.

The poor performance of bitcoin in Brazl may be due to the memory of TelexFree, a huge multi-level marketing scheme (bigger than bitcoin) that collapsed last year.  Millions of people lost large sums of money, probably billions of dollars in total.  Bitcoin is very different, of course, but it has in common that it is selling a technology that few understand, and has no backing assets.  The last point seems to be what turns most people off as soon as they hear of it.

Solid inverse H&S forming

im waiting for some cash to hit the exchanges so im not in such hurry ^^

So have we decided to just avoid posting trains, CCMF, choo choos etc... until we at least hit $600 this time?

I think I am feeling rather skeptical.  Hopefully that is a good sign.  

Species identity issues?

I rest my case.

Still hasn't moved.

^
Talking to me?

Gender identity issues?

Dat huobi wall!! 

Did little lambie dear just learn the concept of irony? well done dear.

Naughty porkchop! remember you cannot say thing like that to adults,  forgive me? dear child, you are so sweet, but seriously, where has this all come from? it is very worrying, I can see I am going to have to send you to the quiet place in the corner of the room so you can think about your actions, and learn to behave, and where did you learn such words and behaviour?  at your age, this talk of sexuality is very disturbing, did you learn this in the playground fro the other naughty children? or did the bad man touch you somewhere inappropriately? what is going on with you porkkebab? honestly when your mother gets home, I think we are going to have serious words about having you sent to a home somewhere where they can help you.

This thread.  Like some hellish Communist daycare



@empowering:  I forgive you, but nevertheless....