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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28174. (Read 26710639 times)

newbie
Activity: 47
Merit: 0
legendary
Activity: 924
Merit: 1001
Is this rally sustainable, and how long?

I wanna be friends with the guy who can answer that question.

Yes, sustainable. Be my friend.

BFFL!

legendary
Activity: 1372
Merit: 1000
Wow.  This battle is epic and made me glad i dumped into that strange 514 wall?Huh wtf was that guy thinking?

what a market.

lol i'll remember this post as we march on up, the guy was thinking how nice it is to take your btc off you for cheap.

we wouldn't march on up if those coins weren't sold so "cheep". he took one for the team  Wink
full member
Activity: 395
Merit: 100
Market Integration Platform
hero member
Activity: 518
Merit: 500
Is this rally sustainable, and how long?

I wanna be friends with the guy who can answer that question.

Yes, sustainable. Be my friend.
member
Activity: 84
Merit: 10
Is this rally sustainable, and how long?

like you said, chinese doesnt have a plan for trading, they are buying low prices. So as long that they consider it cheap, they will be like crazy.

We will certainly see at some point a violent pull back, but for now enjoy the ride Wink
legendary
Activity: 924
Merit: 1001
Is this rally sustainable, and how long?

I wanna be friends with the guy who can answer that question.
hero member
Activity: 728
Merit: 500
Is this rally sustainable, and how long?
member
Activity: 84
Merit: 10

You said yourself we are all China's bitch. Here's something that just popped into my head:

Whacky conspiracy theory:

Price is being manipulated by the PBoC to accumulate a large holdings for the purpose of adding it to it's foreign currency reserves. The ultimate goal is to make the renminbi a major world currency, possibly the world's reserve currency.

evidence for said whacky theory:

1. stochastics are funny.

2. Public airing of pro-bitcoin feature on public television followed by outright hostile words and policy, followed by...uncertainty"

evidence against said whacky theory:

1. That's the beauty of conspiracies. The lack of evidence merely shows you how deep it goes!

discuss.


I want the exact same thing that you drink or smoke!
KFR
hero member
Activity: 560
Merit: 500
Per ardua ad luna
I know I've done this a couple of times now but I feel obliged to point out how much fun it (almost always) is to watch OKCoin's LTC 1m chart:

https://bitcoinwisdom.com/markets/okcoin/ltccny

legendary
Activity: 2212
Merit: 1199
$520,00 @Bitstamp Smiley

$600 is a matter of hours ... IMO 12h.
member
Activity: 98
Merit: 10
If this keeps up, 3 day MACD will cross some time next week
legendary
Activity: 924
Merit: 1001
welcome back, Chinitos!

en espanol es 'chincos' no?

chinitos = diminutivo de chinos
little chinese

estan comprando todo!!!

... Ah claro. los pequenos chinitos jaja.
legendary
Activity: 1106
Merit: 1007
Hide your women
The volume of this pump is very similar to March 3. The difference is that it is spread over two days instead of one. I won't trust this as a true recovery unless there is a successful retest of $340 support on higher volume. Every dollar spent on the exchange is a dollar not used to put a floor on the price in the event of another stampede for the exits.

You kids run and play. I guess it falls to me to be the responsible adult in the room. A roll I am unused to. Hopefully I will not be needed.
fine words, sir.

I disagree. The pump of March 3 was one single player with a few millions. This one is a lot of tiny little buys on Chinese markets that keep on pressing from the bottom up, inspiring confidence in the western markets and causing the leveraged shorts to explode in a fireworks show.

Is this concerted? I don't think so. I think we simply have a new massive herd of Chinese gamblers who are entering the speculation game by buying bitcoins and altcoins.

You said yourself we are all China's bitch. Here's something that just popped into my head:

Whacky conspiracy theory:

Price is being manipulated by the PBoC to accumulate a large position for the purpose of adding it to it's gold and foreign currency reserves. The ultimate goal is to make the renminbi a major world currency, possibly the world's reserve currency.

evidence for said whacky theory:

1. stochastics are funny.

2. Public airing of pro-bitcoin feature on public television followed by outright hostile words and policy, followed by...uncertainty"

evidence against said whacky theory:

1. That's the beauty of conspiracy theories. The lack of evidence merely shows you how deep it goes!

discuss.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
FFS, from all alts that are rallying it's xpm who decided to not where I'm loaded  Cry

Not my week  Grin
legendary
Activity: 947
Merit: 1008
central banking = outdated protocol
You should hold off on the champagne until Huobi breaks 3200



hero member
Activity: 968
Merit: 624
Still a manic miner
welcome back, Chinitos!

en espanol es 'chincos' no?

chinitos = diminutivo de chinos
little chinese

estan comprando todo!!!
legendary
Activity: 1320
Merit: 1007
Reason for the pump:

http://video.cnbc.com/gallery/?video=3000267349

You'll see the dumps when all the influx of newbies start buying in after they watch this documentary
legendary
Activity: 924
Merit: 1001
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
we are now at a new high for the month of April...we have a little ways to go to get past March levels...
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