The Bitcoin Thread

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Mier said:
Luno Android app working fine
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The app is crap though when you need to act fast and watch what is going on in the market at the same time. I woke up and saw the drop happening at 5am. It was at 220k at the time. Tried to log on to luno but it is down. Tried to sell with the app at 215k but the price had dropped below. So I put in 211k and sold. In the minute that it took me to do this, I couldn't see people lining up buy orders and the market turning. If I could see what was going on I would never have sold.
 
SaiyanZ said:
The app is crap though when you need to act fast and watch what is going on in the market at the same time. I woke up and saw the drop happening at 5am. It was at 220k at the time. Tried to log on to luno but it is down. Tried to sell with the app at 215k but the price had dropped below. So I put in 211k and sold. In the minute that it took me to do this, I couldn't see people lining up buy orders and the market turning. If I could see what was going on I would never have sold.
Click to expand...

Agree, website and the app is rather useless for any reasonable trading speed due to sluggish update frequency. Right now the only solution is to plug into their api to get any sort of reasonable response times until they drasticly improve the web/app.
 
I see there's a big fat sell order at 249991. Over 100btc for sale. Someones had enough and is cashing out R25mill.
 
SaiyanZ said:
I see there's a big fat sell order at 249991. Over 100btc for sale. Someones had enough and is cashing out R25mill.
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Watch the sell getting pulled before it comes close to executing and pushed up higher.

It is just a orderbook filler by some wealthy trader more than likely not a combination of many traders picking the exact same arbitrary sell wall, more likely than not I would guess.
 
Oh for heavens sake. People who take their money out and re invest elsewhere are NOT all panic sellers.

Its quite clear that btc prices are being manipulated by big players. I took my money elsewhere as im sure others are also now doing due to the volatile almost insider like trading practices going on
 
That support line keeps being tested.
*snap* *crack*...thin ice....

test.png
 
L10Yn said:
Where's did you get this graph from? Actually in general where do you guys get the graphs from that you use for trading and what general signs do you look for?
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I use tradingview: https://www.tradingview.com/symbols/BTCUSD/

Coinigy (as mentioned by acidrain) lists a lot more tokens on smaller markets, but everything in the big crypto exchanges (bittrex etc) is listed on tradingview, along with gold, oil, nasdaq etc.
 
How low can BTC go? I'm considering using my bonus to buy some Bitcoins. Let's wait and see....
 
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