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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25395. (Read 26609871 times)

member
Activity: 83
Merit: 10
PPC

This is definitely my favorite chart for the last months. Is there a name for this pattern?   Cheesy



That's the world-famous "Tintin's dog who's name I can't remember, carrying a Nono letter"-pattern Wink

sr. member
Activity: 492
Merit: 250
Okay here is a theory for comment.

What if a fund is cashing out for tax purposes because today is the end of the fiscal year?

If so, tomorrow or Monday they start buying it all back.

If this is true and they are on the West Coast of US, then the dumping will stop in about a half hour.

only creedance I can add is someone speculating on fiatleak numbers was saying USD/BTC was @ higher volume than YUAN/BTC

We will see soon.
hero member
Activity: 574
Merit: 500
Okay here is a theory for comment.

What if a fund is cashing out for tax purposes because today is the end of the fiscal year?

If so, tomorrow or Monday they start buying it all back.

If this is true and they are on the West Coast of US, then the dumping will stop in about a half hour.

only creedance I can add is someone speculating on fiatleak numbers was saying USD/BTC was @ higher volume than YUAN/BTC
newbie
Activity: 53
Merit: 0
so what happens around here when there's real despair?  like the $30 -> $2 drop back in the day - does it get quite?  People no longer in pain since it's such a massive drop?  Or people just think it's over?

The difference that I see between 2011 and now, is that in 2011 nobody knew about btc. Now the public has heard of it, and this big price decline will hurt btc's image quite a bit imo, in the minds of A LOT of people. Hearing that people are going broke all over the place thanks to btc doesn't make you want to invest in this technology

I mean reddit posting the suicide line, etc is not good publicity
hero member
Activity: 574
Merit: 500
280-320$(2000 CNY) seems dobale. This won´t stop @ 340$. Too much panic(stop-loss) will activated around there. BTC-E already broke it. Buyers have left the building. Bear traget has not been reached).
Good night and good luck.

Still long or already shit out and sold?

No longs right now. 50% cash, 50% BTC.

There will definitely a bounce somewhere, i just have no idea @ which price that will be.

300 ema at @330 usd bitsamp is my guess. That still requires another wave of panic dumping. Think I am going to buy a coin now and one then if its bounces.
hero member
Activity: 888
Merit: 500
ripple is just a fucking SHITCOIN!!!
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
dumper is pretending to be gone?
sr. member
Activity: 492
Merit: 250
Okay here is a theory for comment.

What if a fund is cashing out for tax purposes because today is the end of the fiscal year?

In other words, window dressing?

If so, tomorrow or Monday they start buying it all back.

If this is true and they are on the West Coast of US, then the dumping will stop in about a half hour.
sr. member
Activity: 448
Merit: 250
Bitcoin super-duper-mega-ultra-hyper-node
C'mon guys, we are a team.

legendary
Activity: 1008
Merit: 1003
WePower.red
280-320$(2000 CNY) seems dobale. This won´t stop @ 340$. Too much panic(stop-loss) will activated around there. BTC-E already broke it. Buyers have left the building. Bear traget has not been reached).
Good night and good luck.

Still long or already shit out and sold?
member
Activity: 112
Merit: 10
so what happens around here when there's real despair?  like the $30 -> $2 drop back in the day - does it get quite?  People no longer in pain since it's such a massive drop?  Or people just think it's over?
hero member
Activity: 504
Merit: 500
Moderator
280-320$(2000 CNY) seems dobale. This won´t stop @ 340$. Too much panic(stop-loss) will activated around there. BTC-E already broke it. Buyers have left the building. Bear traget has not been reached.
Good night and good luck.
legendary
Activity: 1008
Merit: 1003
WePower.red
the dumper is sleeping now and price will regenerate a bit to 360-370.

tomorrow dumping continues until he runs out of coins

He won't run out of coins cause he doesn't dump a lot, if he dumps, he do it in his own walls or he buys with some stupid buys later.

He is not cashing out, he just wants to convience all that he is cashing out. He wants us to cash for him to accumulate so he could run the next bubble loaded.

Delusional.

If you meet him, ask him if it was his 10k wall at $1000 on the top of the bubble on bitstamp.
sr. member
Activity: 502
Merit: 251


Yep, im sure you were saying the exact same thing at 1K, right hypocrite ? Right ?

Shills are getting desperate...
hero member
Activity: 672
Merit: 500
the dumper is sleeping now and price will regenerate a bit to 360-370.

tomorrow dumping continues until he runs out of coins

He won't run out of coins cause he doesn't dump a lot, if he dumps, he do it in his own walls or he buys with some stupid buys later.

He is not cashing out, he just wants to convience all that he is cashing out. He wants us to cash for him to accumulate so he could run the next bubble loaded.

Delusional.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner


I'd tell you that you are all holding bitcoins precisely because of the price, because you hope it goes up

legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
$341 ... damn.


lets try to quote stamps price for consistency please

355. DOOM!!!!
member
Activity: 112
Merit: 10
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