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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25649. (Read 26608317 times)

hero member
Activity: 616
Merit: 500
full member
Activity: 121
Merit: 100
HodL tight, it's gonna get wild
hero member
Activity: 616
Merit: 500
Might be noise, we touched 390 in the weekend, but managed to stay near 400 the whole monday.

And we are at 397 now. Close to 400
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2170
Merit: 1094
The triangle broke down, but I doubt that it will continue. There is a bigger triangle that will break after several days.
legendary
Activity: 1078
Merit: 1441
Jah just noticed the big red dildo on ok coin 30 min ... fml

I am looking forward to green ones
legendary
Activity: 1078
Merit: 1441
oh myOkCoin/ Huboi
legendary
Activity: 1428
Merit: 1000
2h macD just gone red, in addition to the fake 6h-12h recovery this looks like a begging of a next round of dumpage. I expected it to happen 2 days ago, but for some reason it met some resistance and went sideways instead. But i dont think it will be the same now, 360$ or so incoming i guess :/

So far Sellers in the 3** region have been weak. If it doesn't go down soon, it will bounce hard and shorters will get spanked.  Cheesy
newbie
Activity: 59
Merit: 0
 Not looking good Sad
hero member
Activity: 812
Merit: 1000
2h macD just gone red, in addition to the fake 6h-12h recovery this looks like a begging of a next round of dumpage. I expected it to happen 2 days ago, but for some reason it met some resistance and went sideways instead. But i dont think it will be the same now, 360$ or so incoming i guess :/
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 574
Merit: 500
think arb bots are making money... with the spread between btc-e and almost all exchanges?
sr. member
Activity: 546
Merit: 250
One more point.

I came across this reddit article:  http://www.reddit.com/r/Bitcoin/comments/2h6yl3/no_faith_in_bitcoin_profit_from_shorting_it/

 I found it very interesting that people are promoting some ideas about shorting BTC... which in principle would NOT be a bad idea, but getting involved in shorts NOW seems really looney.. .to suggest merely because BTC has  gone down in price for nearly 10 months that NOW would be a good time to learn about shorting.. or to get involved in shorting seems to be totally looney, in my thinking.


actually i see this as bullish....but are there even enough open btc swap positions? there were only a few a couple of days ago


It's bullish that some articles are promoting the concept of shorting?  Some naive people may think, "oh, I can short BTC?  Maybe I should try that?" 

Which would really be stupid in my thinking for people to be shorting (or learning about shorting), now. 

Surely, there are a few of us, even in this thread that are probably contemplating shorting (or have already shorted around this price territory) b/c they believe BTC prices will go down somewhere between $50 and $350. 

I do NOT have enough confidence to even contemplate such.. and just like always, I feel fairly clueless about the short-term price direction of BTC.

There is nothing wrong with a little shorting, but I agree you have to be careful. I think all newbe traders should try it at some point, because you learn something about market behaviour. But right now is maybe not the best time to experiment with large amounts  Smiley
hero member
Activity: 728
Merit: 500
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
full member
Activity: 238
Merit: 100
BILIBIT.IO -1st Decentralized Token in Philippines
One more point.

I came across this reddit article:  http://www.reddit.com/r/Bitcoin/comments/2h6yl3/no_faith_in_bitcoin_profit_from_shorting_it/

 I found it very interesting that people are promoting some ideas about shorting BTC... which in principle would NOT be a bad idea, but getting involved in shorts NOW seems really looney.. .to suggest merely because BTC has  gone down in price for nearly 10 months that NOW would be a good time to learn about shorting.. or to get involved in shorting seems to be totally looney, in my thinking.


actually i see this as bullish....but are there even enough open btc swap positions? there were only a few a couple of days ago


It's bullish that some articles are promoting the concept of shorting?  Some naive people may think, "oh, I can short BTC?  Maybe I should try that?" 

Which would really be stupid in my thinking for people to be shorting (or learning about shorting), now. 

Surely, there are a few of us, even in this thread that are probably contemplating shorting (or have already shorted around this price territory) b/c they believe BTC prices will go down somewhere between $50 and $350. 

I do NOT have enough confidence to even contemplate such.. and just like always, I feel fairly clueless about the short-term price direction of BTC.

with the shorting-ads especially now it's very suspicious
after this long and crushing bear market shorting bitcoins still looks like easy money...but it acually makes you an easy target

of course it could go down to 250...but the chances that it goes to 450 "out of nowhere" are at minimum equal
sr. member
Activity: 546
Merit: 250
Woke up 2 hours ago and surprised to see we are still (barely) above $400. RSI is rising and quite a bit of support was taken out yesterday on Stamp. Although some of it is back and the breakdown attempt failed it is getting harder to see a bullish outcome from this sideways movement in my opinion.
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
Address: 1Nz24Uvi7CVxKauY8tH95csES1QitEezDU
Message: *bling bling*
Signature: HO5RBo93lSzVBiiFC/OAxB0odA6a4ojCSlrJpKKcihXqfZPW8Clj59Sw7+LIeFHfInouNzXrM2bExVjqOweJinM=

 Cool

just figured out how to do this...  Tongue

if i write my will and sign it with a bitcoin is it legal?

LMAO

a legendary member just found about how to sign a message !!!? well you are doing too much speculation... no wonder the price went to $1200, just too many guys like you.
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