Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32332.

rampantparanoia

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Quote from: barbs on September 03, 2013, 12:51:48 PM

Quote from: rampantparanoia on September 03, 2013, 12:50:11 PM

the wall @ 147 just moved to 144.5 and is being eaten away as I type

10 BTC buy is being eaten?

He wants the price down

my bad... i saw that wall move and got a bit excited. this is more of a nibble Wink

aaaaaaaaaaand it got pulled, partially placed at 143.5. definitely wants price down.

barbs

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Quote from: rampantparanoia on September 03, 2013, 12:50:11 PM

the wall @ 147 just moved to 144.5 and is being eaten away as I type

10 BTC buy is being eaten?

He wants the price down

rampantparanoia

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Activity: 516

Merit: 283

the wall @ 147 just moved to 144.5 and is being eaten away as I type

Walsoraj

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Ultranode

To add more fuel to the fire, US 10year treasures going up again. 52 week high of 2.94, and today hit 2.92.

Again, not sure what this mean for bitcoin. But many experts think 10year going up will have negative effect on virtually all assets as traders dash towards fiat. Theory is that fiat can be used to repurchased same assets at much lower prices, having been forced down by rates.

WE'LL see! Sept is going to be interesting month

NamelessOne

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Something like that usually happens with triangles, ahha. They break up or down. The whales have been breaking them all up for a month so far, seemingly almost designing the triangles themselves. Even the whale buy earlier effectively bought up to the upper line of the triangle from the bottom.

kehtolo

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Quote from: NamelessOne on September 03, 2013, 12:32:38 PM

All of the movement since the rise on the 31st is still playing out a pretty effective triangle. It did a little break downwards before the big buy earlier, but all of the movement still fits pretty well after that. The triangle's current end will be around September 5th - 6th.

Then what? Drop, or the whale(s) come in making another splash and we go up?

samson

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Quote from: Walsoraj on September 03, 2013, 12:32:10 PM

Complicating risky territory of under 50k ask sum is USA's war w/ syria. Not clear if and what that will do to the price. What is certain, is USA will strike.

Syria

NamelessOne

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All of the movement since the rise on the 31st is still playing out a pretty effective triangle. It did a little break downwards before the big buy earlier, but all of the movement still fits pretty well after that. The triangle's current end will be around September 5th - 6th.

Walsoraj

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Activity: 686

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Ultranode

Complicating risky territory of under 50k ask sum is USA's war w/ syria. Not clear if and what that will do to the price. What is certain, is USA will strike.

FNG

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Quote from: barbs on September 03, 2013, 12:03:00 PM

Quote from: Walsoraj on September 03, 2013, 12:01:38 PM

Quote from: barbs on September 03, 2013, 11:58:37 AM

Quote from: Walsoraj on September 03, 2013, 11:48:37 AM

Quote from: Wekkel on September 03, 2013, 11:46:08 AM

Meanwhile, no jump... Shocked

that's a real bad sign. The last two mega whale buys put us up $10 which lasted until another mega buy.

Not saying i disagree but what happened to uberbull USD cannons?

I turn cannons back on after crash. Not going to dance with uber low ask SUM. historically, below 50k sum very dangerous territory

I'm going to Thailand for 2 weeks and won't be able to check my positions every 2 seconds.. Not sure what to do there is no way I can walk away with a position I think, maybe a very small one 20% or something

Checking in to see the price rise will royally f-up your vacation.

Buy a Thai sim. Data works well enough in most places

Zangelbert Bingledack

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Quote from: Wekkel on September 03, 2013, 11:46:08 AM

Meanwhile, no jump... Shocked

150 is a round number. Look at the market history this spring. It always did the battering ram maneuver on round numbers before busting through. Heave. Ho...

Therefore, a smart whale will keep buying on those pullbacks, milking the round figure for all it's worth before the ram breaks it down. This vigorous rise could continue for ages depending on how big of a position the whale is trying to take.

rampantparanoia

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Activity: 516

Merit: 283

Quote from: barbs on September 03, 2013, 12:03:00 PM

Quote from: Walsoraj on September 03, 2013, 12:01:38 PM

Quote from: barbs on September 03, 2013, 11:58:37 AM

Quote from: Walsoraj on September 03, 2013, 11:48:37 AM

Quote from: Wekkel on September 03, 2013, 11:46:08 AM

Meanwhile, no jump... Shocked

that's a real bad sign. The last two mega whale buys put us up $10 which lasted until another mega buy.

Not saying i disagree but what happened to uberbull USD cannons?

I turn cannons back on after crash. Not going to dance with uber low ask SUM. historically, below 50k sum very dangerous territory

I'm going to Thailand for 2 weeks and won't be able to check my positions every 2 seconds.. Not sure what to do there is no way I can walk away with a position I think, maybe a very small one 20% or something

you'll probably return rich as f

barbs

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Activity: 854

Merit: 1000

Quote from: Walsoraj on September 03, 2013, 12:01:38 PM

Quote from: barbs on September 03, 2013, 11:58:37 AM

Quote from: Walsoraj on September 03, 2013, 11:48:37 AM

Quote from: Wekkel on September 03, 2013, 11:46:08 AM

Meanwhile, no jump... Shocked

that's a real bad sign. The last two mega whale buys put us up $10 which lasted until another mega buy.

Not saying i disagree but what happened to uberbull USD cannons?

I turn cannons back on after crash. Not going to dance with uber low ask SUM. historically, below 50k sum very dangerous territory

I'm going to Thailand for 2 weeks and won't be able to check my positions every 2 seconds.. Not sure what to do there is no way I can walk away with a position I think, maybe a very small one 20% or something

Walsoraj

hero member

Activity: 686

Merit: 500

Ultranode

Quote from: barbs on September 03, 2013, 11:58:37 AM

Quote from: Walsoraj on September 03, 2013, 11:48:37 AM

Quote from: Wekkel on September 03, 2013, 11:46:08 AM

Meanwhile, no jump... Shocked

that's a real bad sign. The last two mega whale buys put us up $10 which lasted until another mega buy.

Not saying i disagree but what happened to uberbull USD cannons?

I turn cannons back on after crash. Not going to dance with uber low ask SUM. historically, below 50k sum very dangerous territory

Wekkel

legendary

Activity: 3108

Merit: 1531

yes

Quote from: Walsoraj on September 03, 2013, 11:48:37 AM

Quote from: Wekkel on September 03, 2013, 11:46:08 AM

Meanwhile, no jump... Shocked

that's a real bad sign. The last two mega whale buys put us up $10 which lasted until another mega buy.

No big dumps ultimately means up for Bitcoin, even if it takes weeks/months.

JimboToronto

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You're never too old to think young.

Meanwhile, grass grows and paint dries.

barbs

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Activity: 854

Merit: 1000

Quote from: Walsoraj on September 03, 2013, 11:48:37 AM

Quote from: Wekkel on September 03, 2013, 11:46:08 AM

Meanwhile, no jump... Shocked

that's a real bad sign. The last two mega whale buys put us up $10 which lasted until another mega buy.

Not saying i disagree but what happened to uberbull USD cannons?

Walsoraj

hero member

Activity: 686

Merit: 500

Ultranode

Quote from: Wekkel on September 03, 2013, 11:46:08 AM

Meanwhile, no jump... Shocked

that's a real bad sign. The last two mega whale buys put us up $10 which lasted until another mega buy.

Wekkel

legendary

Activity: 3108

Merit: 1531

yes

Meanwhile, no jump... Shocked

Chalkbot

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Merit: 1001

Quote from: adamstgBit on September 03, 2013, 09:41:47 AM

markets all around are strong, we are just about ready for the JUMP that most here won't believe because they are speculators, even the most bullish speculators will soon sell, stash it away!

You meant, except me, right Adam? I think we all know better than that.

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