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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30971. (Read 26710898 times)

legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
This thread is suddenly moving way too quickly. Especially on such little action.
hero member
Activity: 750
Merit: 601
You would have to be blind to not see a huge rally coming. ATH into the new year. 2014 is going to be the year of the Bitcoin and Litecoin

Thats better... Now I feel warm and cozy Smiley
full member
Activity: 126
Merit: 100
You would have to be blind to not see a huge rally coming. ATH into the new year. 2014 is going to be the year of the Bitcoin and Litecoin
newbie
Activity: 16
Merit: 0
I believe there is a bot or group of people methodically rinsing coins between 650/660 and 750 on bitstamp, driving the price down after 750 to let asks fill in and then rinsing coins in that range very slowly to not cause a spike in price.

Do you mind explaining the rinsing and spike in price a bit more for us dumb folk?
legendary
Activity: 854
Merit: 1000


Yes but its not planned for implementation until 2016. That figure doesn't mean a whole lot, if it passes there's little to stop it being brought forward, but its a nice comfortable looking 'long way away' figure for the media.

Now that you mention it, in 2016 we will have bitcoin reward halving! Imagine what a bull bitcoin will be!

ALL ABOARD!!!! CHOOOO CHOOOO!!!
hero member
Activity: 854
Merit: 1000
I believe there is a bot or group of people methodically rinsing coins between 650/660 and 750 on bitstamp, driving the price down after 750 to let asks fill in and then rinsing coins in that range very slowly to not cause a spike in price.

legendary
Activity: 854
Merit: 1000
Probably the tinfoil hat talking but there seems to be a fair amount of trading that's taking a loss to push lower. Long term bear maybe but it coincides with European timezones and Europe could be due some bad news tomorrow:
http://www.irishtimes.com/business/sectors/financial-services/eu-agrees-bail-in-rules-for-deposits-1.1626033

I dont get it, This bail-in is good news for bitcoin? so why would a bear push the price lower?

They are kind souls helping those "bailed-out" by the banks get on the bitcoin boat!
Aren't they?  Cheesy
full member
Activity: 126
Merit: 100
Rally coming this way. Last day for cheap coins
hero member
Activity: 658
Merit: 500
Probably the tinfoil hat talking but there seems to be a fair amount of trading that's taking a loss to push lower. Long term bear maybe but it coincides with European timezones and Europe could be due some bad news tomorrow:
http://www.irishtimes.com/business/sectors/financial-services/eu-agrees-bail-in-rules-for-deposits-1.1626033
News like this usually sends the price rocketting.
A Bail-In means Banks will confiscate depositors accounts right? (As Gerald Celente and Max Keiser have been predicting) That will just make Crypto-Currencies that more attractive no?

It will take abit of times.... avg person doesnt understand btc or cryptocurrency .... after this, they have to be extra careful

full member
Activity: 126
Merit: 100
Probably the tinfoil hat talking but there seems to be a fair amount of trading that's taking a loss to push lower. Long term bear maybe but it coincides with European timezones and Europe could be due some bad news tomorrow:
http://www.irishtimes.com/business/sectors/financial-services/eu-agrees-bail-in-rules-for-deposits-1.1626033

I dont get it, This bail-in is good news for bitcoin? so why would a bear push the price lower?
Really!
hero member
Activity: 750
Merit: 601
Probably the tinfoil hat talking but there seems to be a fair amount of trading that's taking a loss to push lower. Long term bear maybe but it coincides with European timezones and Europe could be due some bad news tomorrow:
http://www.irishtimes.com/business/sectors/financial-services/eu-agrees-bail-in-rules-for-deposits-1.1626033

I dont get it, This bail-in is good news for bitcoin? so why would a bear push the price lower?
full member
Activity: 223
Merit: 100
Probably the tinfoil hat talking but there seems to be a fair amount of trading that's taking a loss to push lower. Long term bear maybe but it coincides with European timezones and Europe could be due some bad news tomorrow:
http://www.irishtimes.com/business/sectors/financial-services/eu-agrees-bail-in-rules-for-deposits-1.1626033
News like this usually sends the price rocketting.
A Bail-In means Banks will confiscate depositors accounts right? (As Gerald Celente and Max Keiser have been predicting) That will just make Crypto-Currencies that more attractive no?
sr. member
Activity: 297
Merit: 250
Probably the tinfoil hat talking but there seems to be a fair amount of trading that's taking a loss to push lower. Long term bear maybe but it coincides with European timezones and Europe could be due some bad news tomorrow:
http://www.irishtimes.com/business/sectors/financial-services/eu-agrees-bail-in-rules-for-deposits-1.1626033

News like this usually sends the price rocketting.
full member
Activity: 126
Merit: 100
theres no push no big sells anymore, fuel tanks are empty, its time to refuel and change the course

Careful, it looks like someone's willing to throw away a lot of coins to prevent this turning into an upward trend, btcc's volume is spiking very high on the downside.
You mean he mite be wrong Cry
full member
Activity: 126
Merit: 100
theres no push no big sells anymore, fuel tanks are empty, its time to refuel and change the course

You mean all the weak hands have folded. thank you Gandhibt, o great powerful one
full member
Activity: 238
Merit: 100
Well if it goes to >10,000 then that'll wipe out all my loses, which aint much because I haven't been playing with that much really.
if you need $10k per coin to cover its a huge loss at least %
I don't NEED it, I was just remarking how many posters seem to think it'll get to 10K. In fact, if/when it gets to 1200 I'll MORE than recover those losses, in BitCoin AND the other coins I have.

Percentage wise yes, total dollar wise no it's not a huge loss. I'm only playing with what I can afford to lose so far and besides, it's a good education.

well its good to practice with smaller amount and add not before you're good with smaller amount
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
full member
Activity: 238
Merit: 100
theres no push no big sells anymore, fuel tanks are empty, its time to refuel and change the course
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
In China its better than US.
The banks will still work with you in China.
http://www.reddit.com/r/Bitcoin/comments/1t0yk5/final_word_from_my_rep_at_chase_all

yea as long as you can still move money via banks it doesn't seem a big deal, certainly better than it is for us in Australia in moving $ to an overseas exchange, the fees are crazy.

http://money.msn.com/top-stocks/post--the-hottest-investment-in-2014-bitcoin


The US banks are starting to run away, scared.  This is pretty weird when you think about it for a minute.  Why should they be afraid, the have biggest powers in the world wrapped around their fingers..
Do they fear competition, innovation?
They rely on big buildings to make them appear stable and solid, but it is just a front.  None of them have been solvent for a long time except by stealing, cheating, and extortion (If you don't give us all your money, we wreck the world, if you don't use your power to take money from everyone and give it to us, you all die.  We're too big to fail, now make us bigger).
full member
Activity: 223
Merit: 100
Well if it goes to >10,000 then that'll wipe out all my loses, which aint much because I haven't been playing with that much really.
if you need $10k per coin to cover its a huge loss at least %
I don't NEED it, I was just remarking how many posters seem to think it'll get to 10K. In fact, if/when it gets to 1200 I'll MORE than recover those losses, in BitCoin AND the other coins I have.

Percentage wise yes, total dollar wise no it's not a huge loss. I'm only playing with what I can afford to lose so far and besides, it's a good education.
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