Explanation
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25670. (Read 26608198 times)
September 21, 2014, 10:01:25 AM
September 21, 2014, 09:58:16 AM
New China ban looming?
http://www.cryptocoinsnews.com/great-firewall-of-china-blocks-bitcointalk-org/
http://www.cryptocoinsnews.com/great-firewall-of-china-blocks-bitcointalk-org/
fml , again ?
September 21, 2014, 09:51:16 AM
ya thats from star trek
this is bitcoin
today is a good day to buy.
September 21, 2014, 09:50:16 AM
... The market price appears to be have been dictated much more by speculative demand than fundamentals for a long time now...
For a currency unbacked by a state or a closed economy, talking about "fundamentals" is horseshit.
So we don't get into an argument on semantics here: I was trying to make a simplification to the effect that there is some amount of Bitcoin usage apart from speculation. I think that's what people mostly refer to when talking about fundamentals - developments that affect non-speculative use. The point is, we don't know what the price of BTC would be in a philosophical la-la land where price is driven solely by non-speculative uses, so we can't argue that an increase in such uses must lead to a proportional increase in BTC price.
September 21, 2014, 09:47:46 AM
September 21, 2014, 09:47:31 AM
Newbie1022 calling it right again
I don't understand how he can be a losing player, he's so neutral in his posts too
I don't understand how he can be a losing player, he's so neutral in his posts too
NOT sure if serious
Why not?
NOT sure if serious
September 21, 2014, 09:46:46 AM
Newbie1022 calling it right again
I don't understand how he can be a losing player, he's so neutral in his posts too
I don't understand how he can be a losing player, he's so neutral in his posts too
NOT sure if serious
Why not?
NOT sure if serious
September 21, 2014, 09:43:35 AM
today is a good day to buy
September 21, 2014, 09:42:47 AM
Newbie1022 calling it right again
I don't understand how he can be a losing player, he's so neutral in his posts too
I don't understand how he can be a losing player, he's so neutral in his posts too
NOT sure if serious
Why not?
September 21, 2014, 09:33:50 AM
... The market price appears to be have been dictated much more by speculative demand than fundamentals for a long time now...
For a currency unbacked by a state or a closed economy, talking about "fundamentals" is horseshit.
September 21, 2014, 09:26:58 AM
Newbie1022 calling it right again
I don't understand how he can be a losing player, he's so neutral in his posts too
I don't understand how he can be a losing player, he's so neutral in his posts too
NOT sure if serious
Why not?
September 21, 2014, 09:24:46 AM
Newbie1022 calling it right again
I don't understand how he can be a losing player, he's so neutral in his posts too
I don't understand how he can be a losing player, he's so neutral in his posts too
NOT sure if serious
September 21, 2014, 09:17:14 AM
Newbie1022 calling it right again
I don't understand how he can be a losing player, he's so neutral in his posts too
I don't understand how he can be a losing player, he's so neutral in his posts too
September 21, 2014, 09:16:54 AM
September 21, 2014, 09:16:21 AM
wth. that green dildo isn't supposed to be there. 
September 21, 2014, 09:14:17 AM
Great. The market should respond to this by falling about $2.71
The market may not be aware of the possible future implications, because it just rose ~10$.
September 21, 2014, 09:05:54 AM
Great. The market should respond to this by falling about $2.71
September 21, 2014, 09:03:51 AM
New China ban looming?
http://www.cryptocoinsnews.com/great-firewall-of-china-blocks-bitcointalk-org/
http://www.cryptocoinsnews.com/great-firewall-of-china-blocks-bitcointalk-org/
September 21, 2014, 09:01:24 AM
September 21, 2014, 08:59:58 AM
Finex:
USD 0.0675% 0.118% 19,981,943.88 USD
BTC 0.0368% 0.0085% 10,122.85 BTC
LTC 0.0482% 0.0623% 132,347.66 LTC
Squeeze is coming!
USD 0.0675% 0.118% 19,981,943.88 USD
BTC 0.0368% 0.0085% 10,122.85 BTC
LTC 0.0482% 0.0623% 132,347.66 LTC
Squeeze is coming!
What's it mean?!
Interest rate for longs and shorts is about equal, which is very rare. Shorts are usually very, very cheap.
The number of shorts is huge. If the price rises significantly, they will be closed (buying btc) which will accelerate a rise.
It's really positive there is so many shorts and the price is still above 400$. Few buys could force those "bears" to close their shorts! If we don't see more dumping soon the price could go back to 430$ (or more) in next 24h... rates are to high.
Why do you have the idea that the market can't drop without new shorts? And knowing how close a squeeze is without buyers trying to trigger a cascade is bad.
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