Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30813.

EuroTrash

hero member

Activity: 728

Merit: 500

Quote from: Voodah on December 20, 2013, 03:35:58 PM

It's only the chinese and regular folks prone to panic who are dumping.

The real whales are accumulating at these prices.

Don't take my word for it. Go back a few pages and carefully read Loaded's posts. They are quite telling (and bullish).....

I speculate he's one of the whales who are dumping right now, in order to buy back lower, because it just makes sense.
I mean hey guys I know you all need a hero figure but he is a portfolio manager! Making money for his customers is his job.
I speculate that he dumped close enough to the top and he cashed out fiat. Then he flew to China with bags of cash, and he gave them directly to Bobby Lee in order to deposit them on his BTCChina account. The he slowly bought coins, causing the price rise in BTCChina.
And now he is closing the circle and dumping again, for a second final round of this "squeeze-a-nob" game.

I_bitcoin

full member

Activity: 168

Merit: 100

Quote from: crazy_rabbit on December 20, 2013, 03:29:23 PM

Quote from: MAbtc on December 20, 2013, 03:14:01 PM

822 coin dump to 650.... now below

600 more dumped.... WOW

Except these really aren't huge coin numbers. it will go down for christmas for sure, but: week long bear trap.

I think Christmas week through new years will be interesting. Institutional "normal" investors probably won't play but the small may have an opportunity to spend some time getting setup to purchase bitcoins or exchanging fiat for bitcoins. This might be married up with those who have been gifted coins exchanging them for Fiat/products. Mass psychology will definitely be interesting.

oda.krell

legendary

Activity: 1470

Merit: 1007

Quote from: adamstgBit on December 20, 2013, 03:45:57 PM

Quote from: Rampion on December 20, 2013, 03:44:42 PM

Quote from: ?? on ??

Quote from: Sitarow on December 20, 2013, 03:41:22 PM

FML i tarde on virtex

Wow- you are tarding? I thought you were hodling

Don't tarde, hodl!!!!

Cheesy

i decided to try my luck.

whats wrong with CAD, CAD buys pizzas too...

Such information. So graph. Wow

granathus

full member

Activity: 294

Merit: 100

Quote from: Patel on December 20, 2013, 03:48:33 PM

Quote from: Rampion on December 20, 2013, 03:47:49 PM

Quote from: Patel on December 20, 2013, 03:46:30 PM

Just wait until the next 3 blocks hit, all hell is about to break loose

Why 3? On Gox you need 6 confs BTW

stamp is 3, i dont follow gox

Is that because of people transferring btc from BTCChina?

CoinDox

full member

Activity: 192

Merit: 100

Quote from: MAbtc on December 20, 2013, 03:37:37 PM

Quote from: Voodah on December 20, 2013, 03:35:58 PM

Quote from: granathus on December 20, 2013, 03:30:57 PM

Quote from: keewee on December 20, 2013, 03:28:29 PM

Quote from: Krabby on December 20, 2013, 03:21:39 PM

What happens when china wakes up in a crash?

If there is a crash. That attempt to create panic seems to have fizzled

Doubt this is attempt to create panic, rather the opposite. Whale(s) dumping over time.

I don't think you're reading the situation right.

It's only the chinese and regular folks prone to panic who are dumping.

The real whales are accumulating at these prices.

Don't take my word for it. Go back a few pages and carefully read Loaded's posts. They are quite telling (and bullish).....

At these prices?

When Loaded posted last, and BTCChina rallied, they were nearing $300.

+1

Patel

legendary

Activity: 1320

Merit: 1007

Quote from: Rampion on December 20, 2013, 03:47:49 PM

Quote from: Patel on December 20, 2013, 03:46:30 PM

Just wait until the next 3 blocks hit, all hell is about to break loose

Why 3? On Gox you need 6 confs BTW

stamp is 3, i dont follow gox

Rampion

legendary

Activity: 1148

Merit: 1018

Quote from: Patel on December 20, 2013, 03:46:30 PM

Just wait until the next 3 blocks hit, all hell is about to break loose

Why 3? On Gox you need 6 confs BTW

CryptStorm

full member

Activity: 126

Merit: 100

I think you guys are undervaluing the way these spikes take us to a new floor above the prior ATH. Yes, we should take major caution with manipulators, but the big up must naturally be followed by a big down. No news or whales are going to change that. Just let the market be what it is. If you're confused about timing look at a 1W chart, we will be touching those averages again, facts of life, Tootie.

Patel

legendary

Activity: 1320

Merit: 1007

Just wait until the next 3 blocks hit, all hell is about to break loose

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

Quote from: Rampion on December 20, 2013, 03:44:42 PM

Quote from: ?? on ??

Quote from: Sitarow on December 20, 2013, 03:41:22 PM

FML i tarde on virtex

Wow- you are tarding? I thought you were hodling

Don't tarde, hodl!!!!

Cheesy

i decided to try my luck.

whats wrong with CAD, CAD buys pizzas too...

Rampion

legendary

Activity: 1148

Merit: 1018

Quote from: ?? on ??

Quote from: Sitarow on December 20, 2013, 03:41:22 PM

FML i tarde on virtex

Wow- you are tarding? I thought you were hodling

Don't tarde, hodl!!!!

Cheesy

Sitarow

legendary

Activity: 1792

Merit: 1047

granathus

full member

Activity: 294

Merit: 100

Quote from: Voodah on December 20, 2013, 03:35:58 PM

Quote from: granathus on December 20, 2013, 03:30:57 PM

Quote from: keewee on December 20, 2013, 03:28:29 PM

Quote from: Krabby on December 20, 2013, 03:21:39 PM

What happens when china wakes up in a crash?

If there is a crash. That attempt to create panic seems to have fizzled

Doubt this is attempt to create panic, rather the opposite. Whale(s) dumping over time.

I don't think you're reading the situation right.

It's only the chinese and regular folks prone to panic who are dumping.

The real whales are accumulating at these prices.

Don't take my word for it. Go back a few pages and carefully read Loaded's posts. They are quite telling (and bullish).....

Well, if I'm reading it wrong it is still making me coins Grin

(As in sitting gloriously in fiat, hodling fiat you might say )

spooderman

legendary

Activity: 1680

Merit: 1045

and btc-e breaks into the 5xxs

MAbtc

hero member

Activity: 826

Merit: 508

400 coin wall at $630 now.

MAbtc

hero member

Activity: 826

Merit: 508

Quote from: Voodah on December 20, 2013, 03:35:58 PM

Quote from: granathus on December 20, 2013, 03:30:57 PM

Quote from: keewee on December 20, 2013, 03:28:29 PM

Quote from: Krabby on December 20, 2013, 03:21:39 PM

What happens when china wakes up in a crash?

If there is a crash. That attempt to create panic seems to have fizzled

Doubt this is attempt to create panic, rather the opposite. Whale(s) dumping over time.

I don't think you're reading the situation right.

It's only the chinese and regular folks prone to panic who are dumping.

The real whales are accumulating at these prices.

Don't take my word for it. Go back a few pages and carefully read Loaded's posts. They are quite telling (and bullish).....

At these prices?

When Loaded posted last, and BTCChina rallied, they were nearing $300.

brekyrself

hero member

Activity: 547

Merit: 502

Quite a bit of buying going on in front of the 1k wall on gox...perhaps that's the owner of the 1k wall? Roll Eyes

Voodah

sr. member

Activity: 266

Merit: 250

Quote from: granathus on December 20, 2013, 03:30:57 PM

Quote from: keewee on December 20, 2013, 03:28:29 PM

Quote from: Krabby on December 20, 2013, 03:21:39 PM

What happens when china wakes up in a crash?

If there is a crash. That attempt to create panic seems to have fizzled

Doubt this is attempt to create panic, rather the opposite. Whale(s) dumping over time.

I don't think you're reading the situation right.

It's only the chinese and regular folks prone to panic who are dumping.

The real whales are accumulating at these prices.

Don't take my word for it. Go back a few pages and carefully read Loaded's posts. They are quite telling (and bullish).....

spooderman

legendary

Activity: 1680

Merit: 1045

Quote from: crazy_rabbit on December 20, 2013, 03:29:23 PM

Quote from: MAbtc on December 20, 2013, 03:14:01 PM

822 coin dump to 650.... now below

600 more dumped.... WOW

Except these really aren't huge coin numbers. it will go down for christmas for sure, but: week long bear trap.

Really? Dumping on xmas day? It's almost as though the Chinese differ from us culturally!

Mirsad

full member

Activity: 140

Merit: 100

Bitcoin - love & hate

Quote from: tHash on December 20, 2013, 03:24:32 PM

Quote from: Mirsad on December 20, 2013, 03:19:36 PM

Quote from: Sitarow on December 20, 2013, 03:18:57 PM

Will this weeks low of $455 USD on MtGox be broken this weekend?

Probably not, but next week for sure!
I bet 1 DOGE Grin

Been here a month and you know something? Your opinion is worth less than that Doge.

The bottom is in, not sure how close to it we will get on a retest, but it will be higher.

Been a month here. But started bitcoin mining in dec 2011.
And did you read my posting with the trades... I'm not a perfect trader, but this "correction" was really nice to me.

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