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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30621. (Read 26711240 times)

legendary
Activity: 2380
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
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Any one else sense this mini mini rally is bulltrap

I think the next two days we will see a nice rise in price.  January 1st might be a small dip but then price will go up in the middle of the month.  

My thinking is that there will be some large purchases from Second Market tomorrow and Tuesday.  They have a discount in fees for those that sign up before the end of 2013.  Maybe some investors were just waiting until the end of the year because they don't want their funds tied up there too long?  The funds cannot be pulled out until March.  This is pure speculation of course. Wink
hero member
Activity: 560
Merit: 500
Any one else sense this mini mini rally is bulltrap
full member
Activity: 195
Merit: 102
DiMS dev team
in days like this our fate is in miners hands
they can push market in either direction with such thin volume
hodl miners hodl
legendary
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2772
Merit: 1028
Duelbits.com
We got movement again.

Is this the last bull trap before capitulation or are we really fueling this train?

$800+ on Gox currently, nice buy orders in the last few hours for decent jump.  I still see this as a bull trap but at some point the train will leave the station and these prices jumps won't always be traps...

we will probably paint a double top

the bulls are overly confident...

when china falls in <72hour watch out!

We already had double top, it would be triple top.
hero member
Activity: 700
Merit: 500
Don't know what to do! Went from 58%BTC down to 50%BTC again. I need more information before making a move.
woo FFXI avatar?

Yupz. And I suppose you're a very tart berry popular in Quon?  Grin
sr. member
Activity: 662
Merit: 250
We'll just have to wait for the kids to get out of school in China and start running the markets again; maybe another 3 hours unless some of them have after school clubs.  I'm starting to believe the market's ebb and flow is in their hands.  And Huobi is on notice, btw.

what this means?

Nothing substantiated, just another conspiracy along the lines of why OKCoin was called into question a short time ago.
hero member
Activity: 826
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Just a note on volume:
(Bitstamp)

Edit: https://i.imgur.com/n0OCxhv.jpg
Damn you image block
full member
Activity: 238
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We'll just have to wait for the kids to get out of school in China and start running the markets again; maybe another 3 hours unless some of them have after school clubs.  I'm starting to believe the market's ebb and flow is in their hands.  And Huobi is on notice, btw.

what this means?
legendary
Activity: 2380
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 662
Merit: 250
We'll just have to wait for the kids to get out of school in China and start running the markets again; maybe another 3 hours unless some of them have after school clubs.  I'm starting to believe the market's ebb and flow is in their hands.  And Huobi is on notice, btw.
newbie
Activity: 28
Merit: 0
Don't know what to do! Went from 58%BTC down to 50%BTC again. I need more information before making a move.
woo FFXI avatar?
hero member
Activity: 700
Merit: 500
Don't know what to do! Went from 58%BTC down to 50%BTC again. I need more information before making a move.
legendary
Activity: 1162
Merit: 1007
If a Zimbabwean farmer wants to avoid the devalued 'trillion dollar note' to sell his wares, what if he can trade (via a cell phone) to transfer value cheaply and just GET PAID?

Is he interested in the price of Bitcoin, or what it can do for him? I don't think so.

7 billion people are NOT going to become Bitcoin speculators, but they might use BTC (or its successor) to transmit money, to trade universally and to create a whole new world system of value exchange.

This.  Just this.

Anyone who wants to discuss this would be welcome, as I think we might be all missing the point.

And this is why wall street is not 'in', because you cannot buy the idea, and the coins are ultimately not what it's about.

It's the idea of freedom of exchange - it's so fucking radical..... and we are just playing with speculation, but this is a game-changer for the planet.

How many trillions of dollars traded per milli-second in HST data centres in NY State, but MAYBE the man on the street can escape and be free of the massive manipulation of his world....  by trading for his production directly with the buyer, without a middleman in a suit scalping him.

Revolution.   

And 5 billion people want THIS. I worked in NYC for years, I know manipulation is all about .

Wall street is fucked if the network allows this and billions of tiny transactions will crush their 'master-of-the-universe' world.

I really think we are watching something special happen - but it isn't going to be what this forum is focusing on, it's going to be something completely different.

Mark my words / ignore me - but this is what I am thinking about.  Not TA on next week's price.

I am interested in free-thinking start-ups with game changing plans for the 4.5 billion (plus) people who want to find a way out of corruption / exclusion and disenfranchisement the financial world is offering them now.

Pent up demand?

Yeah.

+1

Nice post.  I think Wall Street will find a way to thrive too though, and this is not a bad thing. 
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
fuck there goes another one of my coins....
damn it, i think i'm starting to believe my own FUD

oh well

when i wake up price will be.... 760

good night!
sr. member
Activity: 437
Merit: 250
Anyone else noticed the dip in forecast difficulty? Bug or some pool not been counted?



http://imgur.com/QmfeacJ
sr. member
Activity: 266
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850 would be the top in this hypothetical double-top, yes?

more like 839 but 806 is also acceptable

doesn't have to perfectly line up with the previous top



I am all in at 800.

The top is a long way off...

well that's a ballsy move.

In the immediate short term, just looking at the 21/10 EMA crossover there was a buy signal in the last 24 hours. It could touch 400-500 again, but we're probably in some sort of rally at the moment: http://bitcoincharts.com/charts/mtgoxUSD#rg10zigHourlyztgSza1gEMAzm1g10za2gEMAzm2g21zv

good time to go all in i guess
I didn't say it was a good time to go all in. If anything, I was just providing counter-evidence to the double-top mention. No one knows what is going to go on.

Those crossovers have been proven to lose money over at Goombo's post. Too many people using those exact numbers.

Be careful if you rely on them too heavily.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Double top

Go down on her, you know you wana
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