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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26369. (Read 26708108 times)

sr. member
Activity: 448
Merit: 250
It's sad and annoying to see that this big drop wasn't enough for some people. They try to push us further down.
If it's up to these idiots they'd take us down to 10 dollars. They don't care if they destroy the whole Bitcoin economy in the process.

There is no reason to sell anymore at the moment. Those who wanted to sell did so already. The pressure is gone.
This is pure manipulation and idiot sheep following, afraid of another crash. 

i'd like to think that, but i've been staring at charts for much longer than i'd like to admit, everyday, for months. and i saw the manipulators pushing down months ago. massive sells into massive support that repeatedly would not budge. until the bulls gave way. i don't see that now. what i see is 1) those whales are not stepping in and rebuying yet, and 2) there are no buyers at the current level. when the whales decide to step in, expect panic buying to ensue very quickly.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
tell everyone, people need to know just how unbelievably good the opportunity is, we have some clown pushing prices down for us, hes been doing it for weeks, tell your friends, call your grandmother! tell them everything! the poeple need to know.

CHEAP COINS AND PLENTY OF THEM
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Ignoring the huge amount of spam on this thread, I would say that the price drop has something to do with bitfinex's recent policy change that allows them to change the max amount of leverage based on market volatility. This probably caused somewhat of an initial selloff, which caused some people to get a margin call, which caused more of a sell off and so on. I have read that the prices on bitfinex were somewhat lower then other exchanges for much of the time as prices were falling quickly.

A long squeeze. best explanation i have heard yet.

charts seem to agree,  you can see bitfinex went lower faster and also bounced faster.

this confirms long squeeze.

pretty sure the squeeze was manipulated tho... i mean, new eggs, dell, now ebay and paypal, and we drop? ...ya i buy that...


Ignoring the huge amount of spam on this thread, I would say that the price drop has something to do with bitfinex's recent policy change that allows them to change the max amount of leverage based on market volatility. This probably caused somewhat of an initial selloff, which caused some people to get a margin call, which caused more of a sell off and so on. I have read that the prices on bitfinex were somewhat lower then other exchanges for much of the time as prices were falling quickly.

don't think that happened. if you were watching bitcoinwisdom at the time, you would have seen a single 5000+ sell. that caused the margin call cascade. it had nothing to do with a policy change..... it's called preserving capital...... Tongue

convinced? i am

there is only 1 reason to drop 5K coins in one blow  when the news is good...
legendary
Activity: 1862
Merit: 1009
It's sad and annoying to see that this big drop wasn't enough for some people. They try to push us further down.
If it's up to these idiots they'd take us down to 10 dollars. They don't care if they destroy the whole Bitcoin economy in the process.

There is no reason to sell anymore at the moment. Those who wanted to sell did so already. The pressure is gone.
This is pure manipulation and idiot sheep following, afraid of another crash. 


Bitcoin won't die because of some falls, otherwise it would be dead already.

We came from the 400's not long time ago, if can't remember
legendary
Activity: 1638
Merit: 1001
In these times of stress with people looking for the perpetrators, I find myself wondering:

Is it more profitable to buy a pitchfork and seek redress, or to manufacture and sell pitchforks?
hero member
Activity: 518
Merit: 500
It's sad and annoying to see that this big drop wasn't enough for some people. They try to push us further down.
If it's up to these idiots they'd take us down to 10 dollars. They don't care if they destroy the whole Bitcoin economy in the process.

There is no reason to sell anymore at the moment. Those who wanted to sell did so already. The pressure is gone.
This is pure manipulation and idiot sheep following, afraid of another crash.  

We don't need another centralized payment system. If no one cares about this problem, early adopters will destroy this shit. RIP Bitcoin.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Ignoring the huge amount of spam on this thread, I would say that the price drop has something to do with bitfinex's recent policy change that allows them to change the max amount of leverage based on market volatility. This probably caused somewhat of an initial selloff, which caused some people to get a margin call, which caused more of a sell off and so on. I have read that the prices on bitfinex were somewhat lower then other exchanges for much of the time as prices were falling quickly.

A long squeeze. best explanation i have heard yet.

charts seem to agree,  you can see bitfinex went lower faster and also bounced faster.

this confirms long squeeze.

pretty sure the squeeze was manipulated tho... i mean, new eggs, dell, now ebay and paypal, and we drop? ...ya i buy that...


Ignoring the huge amount of spam on this thread, I would say that the price drop has something to do with bitfinex's recent policy change that allows them to change the max amount of leverage based on market volatility. This probably caused somewhat of an initial selloff, which caused some people to get a margin call, which caused more of a sell off and so on. I have read that the prices on bitfinex were somewhat lower then other exchanges for much of the time as prices were falling quickly.

don't think that happened. if you were watching bitcoinwisdom at the time, you would have seen a single 5000+ sell. that caused the margin call cascade. it had nothing to do with a policy change..... it's called preserving capital...... Tongue

convinced? i am
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
its been confirmed

we are at war.

hero member
Activity: 672
Merit: 500
It's sad and annoying to see that this big drop wasn't enough for some people. They try to push us further down.
If it's up to these idiots they'd take us down to 10 dollars. They don't care if they destroy the whole Bitcoin economy in the process.

There is no reason to sell anymore at the moment. Those who wanted to sell did so already. The pressure is gone.
This is pure manipulation and idiot sheep following, afraid of another crash. 
hero member
Activity: 672
Merit: 500
full member
Activity: 238
Merit: 100


Bahahahaha... let me guess that you took out a short position?

Not calling it either way... could go up 50 or down 50 right now.
hero member
Activity: 518
Merit: 500
full member
Activity: 238
Merit: 100
Looks like the manipulator is back... Everybody, get your puke bags ready.

Hmmm? I don't see anything out of the ordinary on any of the exchanges. Still just sideways consolidation. But I expect to break downwards within a day. Just a hunch. I'd keep on the lookout for another 5k sell on Bitfinex..... Grin

There was a shortly lived sell-off on OKCoin that Huobi was starting to follow. Decent intensity, but it got cut off by a wall and also a sell wall got moved up.
legendary
Activity: 1036
Merit: 1000
Thug for life!
Looks like the manipulator is back... Everybody, get your puke bags ready.

Hmmm? I don't see anything out of the ordinary on any of the exchanges. Still just sideways consolidation. But I expect to break downwards within a day. Just a hunch. I'd keep on the lookout for another 5k sell on Bitfinex..... Grin
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
full member
Activity: 238
Merit: 100
Looks like the manipulator is back... Everybody, get your puke bags ready.
legendary
Activity: 2772
Merit: 1127
So this is the reason a bunch of money went rushing back in to Ripple:

http://www.coindesk.com/jed-mccaleb-ripple-labs-strike-deal-avert-9-billion-xrp-sell/

Silly n00bs, don't they know it's just going to crash back down in a few days?


Do you think that Ripple has enought firepower to cause a dip on Bitcoin?

I doubt.

And what he did was market manipulation, wether he adimits or not.
legendary
Activity: 1036
Merit: 1000
Thug for life!
Well folks... we going to break the $525 resistance or are we going to swing back down and start another cascade?

Last two days we saw the drops between now and 5 hours after now.
If we see no drop, I will start to believe in stabilization, for now.

No such thing as stability here. This is just low volume consolidation after yesterday's shockwaves. Personally, I think we could see some very strong downwards movement in the coming days. I think we are unlikely to pass $530.
legendary
Activity: 961
Merit: 1000

and will, logically, drop the price further Smiley)
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