Bitcoin is about to race up to $1500 very soon. Something is brewing and it's not the news which will trigger it.
Is this confirmed?
Yes here is the link
https://bitcointalksearch.org/topic/m.8854828
Thanks... BUY BUY BUY!!!1
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25811. (Read 26611021 times)
September 17, 2014, 01:47:17 AM
Is this confirmed?
Yes here is the link
https://bitcointalksearch.org/topic/m.8854828
Thanks... BUY BUY BUY!!!1
September 17, 2014, 01:41:03 AM
They have to sell alot of the coins as they are mined to recoup the capital investment for the asic machines, that are depreciating 40-50% every month in value.
September 17, 2014, 01:39:44 AM
Bitcoin is about to race up to $1500 very soon. Something is brewing and it's not the news which will trigger it.
Is this confirmed?
Yes here is the link
https://bitcointalksearch.org/topic/m.8854828
September 17, 2014, 01:38:39 AM
Honestly there is NO REASON why BTC will rally from this area.
Huge trendlines are against it
There have been GREAT news regarding bitcoin but every rally gets sold off
Seems most of the coins entering the market are being dumped by multipools
I maybe be wrong but it doesn't look like this area will hold, it might go to $1000 one day but it will probably break $400 or lower.
Huge trendlines are against it
There have been GREAT news regarding bitcoin but every rally gets sold off
Seems most of the coins entering the market are being dumped by multipools
I maybe be wrong but it doesn't look like this area will hold, it might go to $1000 one day but it will probably break $400 or lower.
Not selling any coins, as I'm a long term hodler. However, I feel like it's going to keep going down until some of these large scale mining operations are driven out of business. With the lack of buying pressure, whales are forcing miners to sell lower and lower. This isn't like the early days where miners could recoup their losses easily by selling off hardware (GPUs) either, as the BTC price slides their equipment gets increasingly worthless since it only has one purpose. Some of these larger operations must be scrambling to sell off coins.
September 17, 2014, 01:38:27 AM
All of a sudden the bears appear
Bitfinex about $470 ~1500 BTC wall
about $475 ~650 wall
OKCOIN about 2855 ~500 BTC wall
Bitstamp all the way up to $465 about $2800 BTC wall
Most likely those wall won't get filled
Bitfinex about $470 ~1500 BTC wall
about $475 ~650 wall
OKCOIN about 2855 ~500 BTC wall
Bitstamp all the way up to $465 about $2800 BTC wall
Most likely those wall won't get filled
And the pattern keeps repeating... Where do the coins come from???
The coins come from miners that sell millions everyday if they dont want to hold them longterm with uncertain price swings.
September 17, 2014, 01:37:33 AM
Bitcoin is about to race up to $1500 very soon. Something is brewing and it's not the news which will trigger it.
Is this confirmed?
September 17, 2014, 01:36:22 AM
Since August, experienced traders have been in easy accumulation mode as they break weak holds. Best believe they'll want to profit too.
Traders buy low and sell high, or sell high and buy low. They dont just accumulate. Are you saying taders have been buying since $600 in August and its still sliding to about $460 now. That means they are fucked and losing their asses off.
Experienced traders would see the ema dropping under $620 in early August and got out or went short !
Now would be interesting time to accumulate as there is alot of support $400-450
September 17, 2014, 01:31:52 AM
Since August, experienced traders have been in easy accumulation mode as they break weak holds. Best believe they'll want to profit too.
September 17, 2014, 01:30:26 AM
I think the walls are temporary. They are intended to lock in a price while the money is being deposited into the exchange. Then they'll be lifted two seconds before a large purchase of 1200-2000 Btc on Wednesday or Thursday morning between 6-9 am PDT. Watch for a $15-25 spike then there will be a quick sell off by miners to cash in on the pump. A price war then a push down with small walls before another big buy then a push down so miners are forced to lower the price for the next move in two weeks where trading will be forced to $415 for a better buy of 2000-2800 Btc. Makes you wonder...
Such detail. Much preciseness. So wow.
September 17, 2014, 01:28:37 AM
Honestly there is NO REASON why BTC will rally from this area.
Huge trendlines are against it
There have been GREAT news regarding bitcoin but every rally gets sold off
Seems most of the coins entering the market are being dumped by multipools
I maybe be wrong but it doesn't look like this area will hold, it might go to $1000 one day but it will probably break $400 or lower.
Huge trendlines are against it
There have been GREAT news regarding bitcoin but every rally gets sold off
Seems most of the coins entering the market are being dumped by multipools
I maybe be wrong but it doesn't look like this area will hold, it might go to $1000 one day but it will probably break $400 or lower.
September 17, 2014, 01:27:31 AM
I think the walls are temporary. They are intended to lock in a price while the money is being deposited into the exchange. Then they'll be lifted two seconds before a large purchase of 1200-2000 Btc on Wednesday or Thursday morning between 6-9 am PDT. Watch for a $15-25 spike then there will be a quick sell off by miners to cash in on the pump. A price war then a push down with small walls before another big buy then a push down so miners are forced to lower the price for the next move in two weeks where trading will be forced to $415 for a better buy of 2000-2800 Btc. Makes you wonder...
September 17, 2014, 01:22:24 AM
Can we stop going down, come on buy some bitcoins and stop those whales. $460 now...
September 17, 2014, 01:21:39 AM
All of a sudden the bears appear
Bitfinex about $470 ~1500 BTC wall
about $475 ~650 wall
OKCOIN about 2855 ~500 BTC wall
Bitstamp all the way up to $465 about $2800 BTC wall
Most likely those wall won't get filled
Bitfinex about $470 ~1500 BTC wall
about $475 ~650 wall
OKCOIN about 2855 ~500 BTC wall
Bitstamp all the way up to $465 about $2800 BTC wall
Most likely those wall won't get filled
And the pattern keeps repeating... Where do the coins come from???
Well there are >13 Million in circulation.
September 17, 2014, 01:20:29 AM
All of a sudden the bears appear
Bitfinex about $470 ~1500 BTC wall
about $475 ~650 wall
OKCOIN about 2855 ~500 BTC wall
Bitstamp all the way up to $465 about $2800 BTC wall
Most likely those wall won't get filled
Bitfinex about $470 ~1500 BTC wall
about $475 ~650 wall
OKCOIN about 2855 ~500 BTC wall
Bitstamp all the way up to $465 about $2800 BTC wall
Most likely those wall won't get filled
And the pattern keeps repeating... Where do the coins come from???
you don't run out if you re buy on the ensuing panic, slash maybe whale wallet flexes.
September 17, 2014, 01:19:35 AM
All of a sudden the bears appear
Bitfinex about $470 ~1500 BTC wall
about $475 ~650 wall
OKCOIN about 2855 ~500 BTC wall
Bitstamp all the way up to $465 about $2800 BTC wall
Most likely those wall won't get filled
Bitfinex about $470 ~1500 BTC wall
about $475 ~650 wall
OKCOIN about 2855 ~500 BTC wall
Bitstamp all the way up to $465 about $2800 BTC wall
Most likely those wall won't get filled
And the pattern keeps repeating... Where do the coins come from???
September 17, 2014, 01:18:57 AM
All of a sudden the bears appear
Bitfinex about $470 ~1500 BTC wall
about $475 ~650 wall
OKCOIN about 2855 ~500 BTC wall
Bitstamp all the way up to $465 about $2800 BTC wall
Most likely those wall won't get filled
Bitfinex about $470 ~1500 BTC wall
about $475 ~650 wall
OKCOIN about 2855 ~500 BTC wall
Bitstamp all the way up to $465 about $2800 BTC wall
Most likely those wall won't get filled
Eventually they will all crumble or be bought.. just takes time for the new joiners to want in ... so many people still ask me if bitcoin actually exists as if it really was some sort of fantasy or money used in an alternate reality.
September 17, 2014, 01:10:40 AM
All of a sudden the bears appear
Bitfinex about $470 ~1500 BTC wall
about $475 ~650 wall
OKCOIN about 2855 ~500 BTC wall
Bitstamp all the way up to $465 about $2800 BTC wall
Most likely those wall won't get filled
Bitfinex about $470 ~1500 BTC wall
about $475 ~650 wall
OKCOIN about 2855 ~500 BTC wall
Bitstamp all the way up to $465 about $2800 BTC wall
Most likely those wall won't get filled
September 17, 2014, 01:00:15 AM
September 17, 2014, 12:59:29 AM
Bitcoin is about to race up to $1500 very soon. Something is brewing and it's not the news which will trigger it.
I hope you are correct..I am much happier completely confused and befuddled in a rise like last fall/winter 2013 from 150 usd to 1100 usd..then I am
confused and befuddled on this drop to 460 usd....I should be concerned about WTF is going on in the background in each instance but I'm fickle
I feel like a baby being tossed up and down in the air for fun...it is all very good going up...not so much fun going down..and always the fear of
being dropped on my head (and according to friends who think I am in the BTC cult....their view is it likely happened repeatedly)
hell at least it is interesting
September 17, 2014, 12:57:22 AM
When the price spikes, there will be no looking back. All other commentary will be rendered irrelevant.
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