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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Are the price manipulators even trying? The market has been doing completely random shit lately. It's like it's not even about money anymore. They are just trolling everybody for lulz at this point.
No one wants to comment the price and the fact that we're pushing this fucking red cliff hard? 
The cliff guy is probably behind the pump too.Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
So.. the Chinese New Year is over on Monday and the rumor is the Chinese will start buying like mad when they return from their vacation.
Does that mean we will pump until Monday and then dump?
Does that mean we will pump until Monday and then dump?
The dump was stopped by the Stampline (and the previous $430 level). We will probably follow the Stampline for a while.
Bitstamp:
Huobi:
And it probably involves lent money (even if it started before all the money was lent).
Bitfinex USD swaps:
It seems I was right. The pump just delayed the dump. (Though we didn't actually go below the previous price level, so maybe it's too soon for me to gloat.)
Huobi:
Bitstamp:
wow that's escalated quickly, up $20 within a few hours, can anyone here to explain the reason? 
Someone could be trying to prop the price up.Huobi:
And it probably involves lent money (even if it started before all the money was lent).
Bitfinex USD swaps:
Huobi:
wow that's escalated quickly, up $20 within a few hours, can anyone here to explain the reason?
Someone could be trying to prop the price up.Huobi:
And it probably involves lent money (even if it started before all the money was lent).
Bitfinex USD swaps:
"Someone could be trying to prop the price up."
what
I don't know if that was the reason for the pump, though.
wow that's escalated quickly, up $20 within a few hours, can anyone here to explain the reason?
Someone could be trying to prop the price up.Huobi:
And it probably involves lent money (even if it started before all the money was lent).
Bitfinex USD swaps:
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Strong uptrend, we going we will break out above 460 soon.
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
I wouldn't say so. This whole rally began, because the downwardly lines were broken and the traders have been chasing their upwardly lines since. Until now, at least...
No. 'This whole rally' began because a bunch of Chinese gamblers/exchange owners got together to fleece some starry-eyed idiots. Idiots who wanted to make money in their pajamas and stick it to Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
None of it makes any sense. The lines giveth and the lines taketh away.
But mostly, it taketh away.
Did you know suicide rate goes up during the winter holidays? It does. In no small part, I must add, thanks to bitcoin 
And I don't know what to say... If one doesn't want to kill oneself, one shouldn't invest in bitcoins, I guess.Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Does anyone has a clue by now why the Chinese dumped en masse yesterday?
Charts and lines and shit.OKCoin:
None of it makes any sense. The lines giveth and the lines taketh away.
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
btc it's going to $450, then chineses will dump
Actually $475. You must have got an old memo or something.Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
So, what's the deal with this?
exchanges can arrange with large investors to buy at specific pricesor
nothing to see here move along
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
When it raise it always got to sharp. Where are the bears when you need them?
Waiting to dump at the top, duh!Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
TA is very helpful when you know XXK bitcoin is gana be bought or sold. 
Yes, because it's then likely to bounce back to the trendline.edit: And for the manipulator it's useful, because they'll know how much they need to move the market to freak everyone out.
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
If the market is rigged TA is useless, except perhaps for the market riggers, who can paint whatever pretty picture they want with the price moves, including dragging TA-'sensitive' bots up, down and sideways, like bulls being led by a nose-ring ... in which case it is more rigged than you imagine.
That's exactly as rigged as I imagine.bitcoin is meant to have manipulators sometimes there are more active manipulators then there are fish, who cares. bitcoin has value because its fun to hit buy/sell with a small 50K, program bots to keep the candle up or down for you.. anything goes, it doesn't make sense to regulate market trader activity; is it illegal to wast 1million dollars to trigger stop loses and sell into them?
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
If the market is rigged TA is useless, except perhaps for the market riggers, who can paint whatever pretty picture they want with the price moves, including dragging TA-'sensitive' bots up, down and sideways, like bulls being led by a nose-ring ... in which case it is more rigged than you imagine.
That's exactly as rigged as I imagine.