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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32177. (Read 26709456 times)

legendary
Activity: 2156
Merit: 1070
Can any Chinese get money onto BTC-e or Bitstamp? If they could, we would see those prices soar in days.
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
WOOOOOOOOOOOOOOOOOOOOOOooooooooooooooooOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO OOO
legendary
Activity: 2156
Merit: 1070
Will btcchina snap down, or will Stamp and Gox eventually cave and snap up?

Btcchina sitting at ~$403.

I think Gox and Stamp are out of money.  Unless China crashes hard and creates ripples in the other two, I would imagine that Monday will be a big snap up day for Bitstamp and Gox, especially Stamp.

I can't imagine that Bitstamp and BTC-e (what the hell is up with that exchange?Huh)  will continue to gap so far behind Gox. $20 gap I can understand, but $30+ is inexplicable.
legendary
Activity: 1168
Merit: 1000
Will btcchina snap down, or will Stamp and Gox eventually cave and snap up?

Btcchina sitting at ~$403.
full member
Activity: 196
Merit: 100
Walls on bitstamp are just being pulled back a little.
legendary
Activity: 1974
Merit: 1030
uhoh, that reminds me of this classic again:



where are we?  Cheesy

At the beginning of the "Institutional investors" part. Just look at the news to confirm this.
legendary
Activity: 1552
Merit: 1047
This is insane... I'll have to start selling a few in the 400 range.
legendary
Activity: 1168
Merit: 1000
China is going vertical.  Slow it down China...
hero member
Activity: 533
Merit: 539
Should just have been an eye opener and reminder for all guys, which are 100% out of coins.
In btc you should never ever be out of coins, no matter what.  Cool
hero member
Activity: 784
Merit: 1000
So who is still waiting for that crash to $250??  Roll Eyes

I don't see any major consolidation happening until ~$480USD
hero member
Activity: 784
Merit: 1000
The solution is, it was the run up to 75$. What followed next, everbody knows.  Wink



uhoh, that reminds me of this classic again:



where are we?  Cheesy

edit: oh i missed we have already a poll going on https://bitcointalksearch.org/topic/where-are-we-in-the-bubble-328729

Obviously the "bull trap" part. Tongue Cheesy
hero member
Activity: 770
Merit: 501
The solution is, it was the run up to 75$. What followed next, everbody knows.  Wink



uhoh, that reminds me of this classic again:



where are we?  Cheesy

edit: oh i missed we have already a poll going on https://bitcointalksearch.org/topic/where-are-we-in-the-bubble-328729
hero member
Activity: 784
Merit: 1000
I wish I was here for the run up to $266, because I would love to know how long traders on here were predicting the top before it actually came.

A lot of people are saying the top is soon and a crash is coming. But, it feels like we are not quite at that epic stage yet.

It feels like either we go down a bit and consolidate for another sustainable run or we keep running at break neck pace until we crash. But that seems like something around or north of $500 at least. Something that just gets wild.

The thing that is throwing me off is China. They are in such a growth curve that either they are pouring massive amounts of liquidity into that market in far excess to what the other exchanges can compete with, or they are going to hit hard and harder a lot faster.

If China continues to widen its lead, if it does have a hard snap back, I wonder if the other exchanges will actually react that strongly to it?

It seems like the exchanges are starting to operate separate from each other.

There maybe one single factor distinguishing China from other nations: people here can use Alipay to send CNY into exchanges(and that's usually what we do), which is instant and with less anti-laundering check and works 24/7, while other nations have to rely on sluggish banks which are open for business for only 30 hours per week. The theoretical liquidity that can be injected into the Chinese exchanges is thus huge.
legendary
Activity: 1552
Merit: 1047
When you have sold all your coins and are ready for a free fall:
legendary
Activity: 1168
Merit: 1000
I wish I was here for the run up to $266, because I would love to know how long traders on here were predicting the top before it actually came.

A lot of people are saying the top is soon and a crash is coming. But, it feels like we are not quite at that epic stage yet.

It feels like either we go down a bit and consolidate for another sustainable run or we keep running at break neck pace until we crash. But that seems like something around or north of $500 at least. Something that just gets wild.

The thing that is throwing me off is China. They are in such a growth curve that either they are pouring massive amounts of liquidity into that market in far excess to what the other exchanges can compete with, or they are going to hit hard and harder a lot faster.

If China continues to widen its lead, if it does have a hard snap back, I wonder if the other exchanges will actually react that strongly to it?

It seems like the exchanges are starting to operate separate from each other.

Agreed.  Just so much bullish news, in general, and a much better state of affairs than during March/April.  Keep in mind that all this time people continue to buy in to the SecondMarket "Trust".  That's interesting for (2) reasons, in particular:

(1)  This is amounting to 10k+ coins being purchased by the trust every few weeks (maybe even every week now)
(2)  These coins can only be bought, and not sold (not till the fund goes liquid, at least)

I actually think Barry at SecondMarket is a bit of a genius with what he's done with this Fund.  He was pretty confident he'd get investors, and the money from those investors was almost sure to help drive the price up, and only further support any rally.  The more the price goes up, the more his other "sophisticated investors" catch wind and want to jump in... the more we climb.  Barry is also a true believer in Bitcoin, and definitely knows that an increasing market cap will only create more incentive for start ups to jump into the space, only draw more media attention, etc.... it all feeds off itself, and helps Bitcoin reach critical mass.
hero member
Activity: 533
Merit: 539
The solution is, it was the run up to 75$. What followed next, everbody knows.  Wink

FNG
hero member
Activity: 588
Merit: 500
.

 But that seems like something around or north of $500 at least. Something that just gets wild.


$5000.  Wait for hedge funds to enter. Small players right now
hero member
Activity: 533
Merit: 539
To all bears what does this chart say?

legendary
Activity: 882
Merit: 1000
This looks a lot like a pump and dump.
told ya
Well, we'll only know for sure in a few weeks...

...
...

I can't keep staring at charts for several weeks goddamn it!!

Could be a bad one over the weekend, looks like this has steadied out though. Wondering about BTCChina, there seem to be a lot of back and forth trades doing nothing but create volume, maybe just invisible walls there :/ That exchange is strange that way, it's nearly empty yet it stays more stable than the USD exchanges.

Seems no one want to sell in BTCChina, and there're only less than 2274B in the ask side, but the daily volume is 66693B. Really interesting.
Edit: back to 2623B in ask now.
legendary
Activity: 2156
Merit: 1070
I wish I was here for the run up to $266, because I would love to know how long traders on here were predicting the top before it actually came.

A lot of people are saying the top is soon and a crash is coming. But, it feels like we are not quite at that epic stage yet.

It feels like either we go down a bit and consolidate for another sustainable run or we keep running at break neck pace until we crash. But that seems like something around or north of $500 at least. Something that just gets wild.

The thing that is throwing me off is China. They are in such a growth curve that either they are pouring massive amounts of liquidity into that market in far excess to what the other exchanges can compete with, or they are going to hit hard and harder a lot faster.

If China continues to widen its lead, if it does have a hard snap back, I wonder if the other exchanges will actually react that strongly to it?

It seems like the exchanges are starting to operate separate from each other.
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