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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 27229. (Read 26708826 times)

legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
new low again!

bitcoin is doomed!!!
legendary
Activity: 1680
Merit: 1045
I agree. We just went 445 to 685 in a short time. I think a retrace back to 580-600 (most likely 600) is necessary. This just normal market action and no cause for panicat all.


Lol. Perfect.

I'm pretty sure anyone who ever sodl a BTC only did so because they wanted to buy back at a cheaper price and therefore increase their stake in the inevitable BTC based empire of 2016 onwards.
legendary
Activity: 1512
Merit: 1005
Keep your cool and you will be rewarded.

full member
Activity: 140
Merit: 100
Going to bed now will look back in morning whether we went below 600$ or recovered back to 625$+
legendary
Activity: 2562
Merit: 1064
I agree. We just went 445 to 685 in a short time. I think a retrace back to 580-600 (most likely 600) is necessary. This just normal market action and no cause for panic at all.



The DPR, Gox and Silkroad coins all moving in the last day could change this though.

If price resist @600 then it will be good for bitcoin price, but if drop down below 560 then there will be big risk of around 500 usd.
hero member
Activity: 784
Merit: 1000
All this dumping and the amount of longs on Bitfinex have increased! Just as I thought they would.
Are we supposed to take that as a good sign?

Well some people here were saying that we wouldn't move up with all these longs attached. That some whale would probably try to squeeze out all the longs by dumping, and buy the cheap coins that would be squeezed. Well it hasn't worked so far, so will the whale keep dumping or give up?

Personally I don't think this is what's going on here.

I have a hunch that someone is in the process of buying the seized coins that are on the move and they are trying to keep the price down on exchanges since they will be buying off market at some price percentage of market value. This person may have only had an account at bitstamp, or maybe bitstamp is the price they are going to use. The people who do arbitrage have done their part to make money on this gap. If this person was dumping for other reasons, say to cause panic or to cash out, they would have done it on multiple exchanges to save a shit ton of money.

Its either that or a bear trap lol.
But who knows? Now, we just wait and see!
legendary
Activity: 896
Merit: 1000
lmao @ bfx

PS. GG Rally. No Willy bot -> No sustainable high rate of growth

sr. member
Activity: 336
Merit: 250
GO get em jason! It's your day today... Make your mama proud!  Grin Grin Grin

member
Activity: 92
Merit: 10
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
legendary
Activity: 1764
Merit: 1031
I agree. We just went 445 to 685 in a short time. I think a retrace back to 580-600 (most likely 600) is necessary. This just normal market action and no cause for panicat all.

legendary
Activity: 1918
Merit: 1018
all time recent low!

 Shocked

Was it a bull trap, is it a bear trap, are you going to go to 550$??

I would be very surprised to see the price go much lower without any bad news
sr. member
Activity: 434
Merit: 250
I would pay a good amount of BTC for fonzie and his troll friends heads on stakes. This thread would be so much better without their stupidity and ignorance. Hell, the world would probably be a better place if they are that stupid in real life.
Yup (my last post was sarcastic).

I don't understand how we can have a small correction and then everyone is back to claiming we are in a bear market  Huh

it's because a lot of people here are the kind to panic. i guess they didn't get the memo that cooler heads prevail.
sr. member
Activity: 280
Merit: 250
I agree. We just went 445 to 685 in a short time. I think a retrace back to 580-600 (most likely 600) is necessary. This just normal market action and no cause for panic at all.



The DPR, Gox and Silkroad coins all moving in the last day could change this though.
member
Activity: 92
Merit: 10
I would pay a good amount of BTC for fonzie and his troll friends heads on stakes. This thread would be so much better without their stupidity and ignorance. Hell, the world would probably be a better place if they are that stupid in real life.
Yup (my last post was sarcastic).

I don't understand how we can have a small correction and then everyone is back to claiming we are in a bear market  Huh

The trolls feed on the fears of bulls. Stay strong.  Cheesy
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
all time recent low!

 Shocked
sr. member
Activity: 952
Merit: 281
I would pay a good amount of BTC for fonzie and his troll friends heads on stakes. This thread would be so much better without their stupidity and ignorance. Hell, the world would probably be a better place if they are that stupid in real life.
Yup (my last post was sarcastic).

I don't understand how we can have a small correction and then everyone is back to claiming we are in a bear market  Huh
N12
donator
Activity: 1610
Merit: 1010
All this dumping and the amount of longs on Bitfinex have increased! Just as I thought they would.
Are we supposed to take that as a good sign?
hero member
Activity: 784
Merit: 1000
All this dumping and the amount of longs on Bitfinex have increased! Just as I thought they would.
hero member
Activity: 784
Merit: 1000
I would pay a good amount of BTC for fonzie and his troll friends heads on stakes. This thread would be so much better without their stupidity and ignorance. Hell, the world would probably be a better place if they are that stupid in real life.
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