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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29207. (Read 26732048 times)

hero member
Activity: 672
Merit: 500
LOL, this is why you should never sell all your coins. 



The amount of bears that got left behind must be massive! What little money they made by trading will instantly be gone by the time they're buying back in at 700.
legendary
Activity: 1133
Merit: 1163
Imposition of ORder = Escalation of Chaos
sr. member
Activity: 476
Merit: 250
sr. member
Activity: 406
Merit: 250
I MISSED OF THIS!!

COME ON!! BREAK 800!

sr. member
Activity: 280
Merit: 250
My $666 resistance came into play perfectly. ($660)

That's probably all for a couple weeks now.

It's not over until $800, that was the price before the Gox slump.
$800,- will be the beginning of even more madness Grin

Very possibly, there will be a lot of people who sold on the way down that will want to buy back.
legendary
Activity: 1578
Merit: 1000
May the coin be with you..
What have I missed? Any reason for this?!
member
Activity: 107
Merit: 10
I'd like to give a personal thanks to this mystery whale for stuffing my pockets with hundred dollar bills.
hero member
Activity: 672
Merit: 500
Tera, how's that TA working out for ya?

Maybe you should draw some more lines on charts, see if that works.
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
Bitstamp is so fucking slow  Shocked  I guess it is under heavy load....
legendary
Activity: 1162
Merit: 1010
LOL, this is why you should never sell all your coins. 

full member
Activity: 155
Merit: 100
Bear traps are gonna happen, but I feel today we'll be near 700.
There's no way it'll reach 700 because the 3 day emas are are $615 and $666. This will be a congestion zone which will not be broken until 3 day MACD is up. Until then $666 will be this evil resistance. It could go sideways for weeks.

 Kiss Kiss Kiss
hero member
Activity: 841
Merit: 1000
My $666 resistance came into play perfectly. ($660)

That's probably all for a couple weeks now.

It's not over until $800, that was the price before the Gox slump.
$800,- will be the beginning of even more madness Grin
hero member
Activity: 798
Merit: 1000
Bitcoin, Ive missed you so bad!!
hero member
Activity: 560
Merit: 500
Space Shuttle Karpeles is leaving the atmosphere headed for the moon...
full member
Activity: 395
Merit: 100
Market Integration Platform
sr. member
Activity: 294
Merit: 250
Someone REALLY wants to erase the Goxxing....
sr. member
Activity: 397
Merit: 250
sr. member
Activity: 433
Merit: 250
sr. member
Activity: 280
Merit: 250
legendary
Activity: 1470
Merit: 1007
Is this correct: this rally was started by a whale buyer on Bitstamp, then Huobi and BTC-e went into panic buying, but they are still struggling to catch up with Bitstamp?

Yes, and no. You're oversimplifying. The road for this rally was probably paved in the previous days (basically, since the 400 bottom). I misread the market up until the day before yesterday as well, and was too reluctant to admit I was wrong until this morning. As far as the *boom* we're seeing now goes: I guess you could say that a 1.2k buy at around 0:45 on stamp tonight sparked it. There was no comparable volume on Huobi, so it's fair to say that spark came from Bitstamp. Then again, China picked up the volume during the coming hours, pretty much in synch with stamp, so it's not a huge delay either.

Hope people remember this when they keep on harping about "bearstamp", and how traders on there only follow trends, never setting them Cheesy

EDIT: 700, here we come again
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