Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32008.

Walsoraj

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Quote from: TERA on October 31, 2013, 09:57:05 PM

Quote from: Walsoraj on October 31, 2013, 09:54:30 PM

The trend is traders moving to exchanges that are not making any attempt to become FINCEN compliant, which supports my theory that the largest and most active holders of bitcon are criminals/money launderers. US will shut down these exchanges eventually. Then price plummets as the biggest players will no longer be able to manipulate.

It's the same trend of decreasing volume on all major exchanges. Today bitstamp and btcchina were around 10K volume when during earlier rally days they were 30K-60K volume. Btce is now 5K when during rally days it was 40K.

Hi, i would appreciate you not making any statements that conflict with my own. Thanks.

ChartBuddy

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TERA

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Quote from: Walsoraj on October 31, 2013, 09:54:30 PM

The trend is traders moving to exchanges that are not making any attempt to become FINCEN compliant, which supports my theory that the largest and most active holders of bitcon are criminals/money launderers. US will shut down these exchanges eventually. Then price plummets as the biggest players will no longer be able to manipulate.

It's the same trend of decreasing volume on all major exchanges. Today bitstamp and btcchina were around 10K volume when during earlier rally days they were 30K-60K volume. Btce is now 5K when during rally days it was 40K.

Walsoraj

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Ultranode

The trend is traders moving to exchanges that are not making any attempt to become FINCEN compliant, which supports my theory that the largest and most active holders of bitcon are criminals/money launderers. US will shut down these exchanges eventually. Then price plummets as the biggest players will no longer be able to manipulate.

adamstgBit

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Trusted Bitcoiner

Quote from: theonewhowaskazu on October 31, 2013, 09:44:36 PM

The major news that could cause bitcoin to skyrocket, is if most US banks adopt the JPMorgan Chase policy of not allowing foreign bank wires for individual (non-business) accounts. Coinbase would have a field day, that's for sure.

i think most US banks have already done this

poeple we're posting links of different banks announcing a new similar policy.

TERA

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theonewhowaskazu

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The major news that could cause bitcoin to skyrocket, is if most US banks adopt the JPMorgan Chase policy of not allowing foreign bank wires for individual (non-business) accounts. Coinbase would have a field day, that's for sure.

ChartBuddy

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Richy_T

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Quote from: windjc on October 31, 2013, 08:16:03 PM

Correct. Which, in itself, doesn't really mean anything. These buggers don't have a clue what's going on.

Agreed. Face-palm meme pictures on standby.

windjc

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Quote from: notme on October 31, 2013, 08:11:49 PM

Quote from: windjc on October 31, 2013, 08:07:45 PM

Quote from: Richy_T on October 31, 2013, 07:50:37 PM

I'm still thinking the next major news to move the price will not be BTC news. Nothing has been fixed in the world economies and it's just a matter of time until yet another shoe drops.

Apparently homeland security is having a congressional hearing regarding crypto in November. That should make some waves

The senate's homeland security committee, not the DHS.

Correct. Which, in itself, doesn't really mean anything. These buggers don't have a clue what's going on.

The exciting thing is, these legislative and/or legal bodies are going to have to make some decisions about crypto in the near future. And the longer they take - and they take a long time doing everything - the larger the bitcoin eco-system is going to be. And the more deep pocket VCs that have poured money into this, the more legitimacy bitcoin gets - whether its the ETF or media related news - the more pressure there will be for government not to fuck with it.

So they can take their sweet ass time for all I care.

notme

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Quote from: windjc on October 31, 2013, 08:07:45 PM

Quote from: Richy_T on October 31, 2013, 07:50:37 PM

I'm still thinking the next major news to move the price will not be BTC news. Nothing has been fixed in the world economies and it's just a matter of time until yet another shoe drops.

Apparently homeland security is having a congressional hearing regarding crypto in November. That should make some waves

The senate's homeland security committee, not the DHS.

windjc

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Quote from: Richy_T on October 31, 2013, 07:50:37 PM

I'm still thinking the next major news to move the price will not be BTC news. Nothing has been fixed in the world economies and it's just a matter of time until yet another shoe drops.

Apparently homeland security is having a congressional hearing regarding crypto in November. That should make some waves

ChartBuddy

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Richy_T

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I'm still thinking the next major news to move the price will not be BTC news. Nothing has been fixed in the world economies and it's just a matter of time until yet another shoe drops.

MAbtc

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Quote from: SheHadMANHands on October 31, 2013, 07:02:32 PM

Lawd almighty.. 4,800btc volume over 24hrs.

Sure everyone else is watching the rabbit in the room.. Roll Eyes

I'll bet Coinbase had more 24hr volume.

Meh, I've got an eye on Stamp and BTCChina, too... but have found they still don't lead as much as Gox. Especially Bitstamp.

joesmoe2012

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Ching-Chang;Ding-Dong

no volume usually means sad Goxster doesn't it?

neutrinox

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Quote from: MAbtc on October 31, 2013, 06:29:12 PM

How do bulls feel if we don't break $216 here? Looking like a triple top, then, yes?

Would still feel quite bullish.. But I admit there might be a small dip before the recent positive press coverage starts affecting and new users drive the price up. But IMO it's too risky to sell at the moment even if there is a small dip.

ChartBuddy

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SheHadMANHands

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Lawd almighty.. 4,800btc volume over 24hrs.

Sure everyone else is watching the rabbit in the room.. Roll Eyes

I'll bet Coinbase had more 24hr volume.

hmmmstrange

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Quote from: MAbtc on October 31, 2013, 06:49:56 PM

I think if we can't break through $216 on this run, we may find ourselves re-testing $204 support. Cheesy

I'd say 175 needs a retest.

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