Author

Topic: Dam breach at 97.99 (Read 1122 times)

legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
April 14, 2013, 03:20:32 PM
#11
Those 'walls' are obvious market manipulations, and will be pulled the if the price gets to close to them. They are a bluff.

It's too late for that now.
sr. member
Activity: 336
Merit: 250
April 14, 2013, 03:16:47 PM
#10
Those 'walls' are obvious market manipulations, and will be pulled the if the price gets to close to them. They are a bluff.
legendary
Activity: 1428
Merit: 1000
April 14, 2013, 03:15:10 PM
#9
Shit dams draining USD now..92-ish
legendary
Activity: 2198
Merit: 1311
April 14, 2013, 03:08:11 PM
#8
The dam was the fear of selling people had on the way up.  It was breached by the events of the past few days.  The flood is the flood of bitcoins piling onto the order book right now, and it's eventually going overwhelm and consume the bids and bring the price to levels most people don't expect.
legendary
Activity: 840
Merit: 1000
April 14, 2013, 03:05:50 PM
#7
Given the $1 million buy wall at 90, there's no way we're going to 80 mate Smiley
But I do agree with the second half of your post.

Lol, what did I say?

I dont see any 1M$ BUY wall anywhere btw. Must have vanished buddy;)
Thats just how it goes with walls chap, they come and go like dust in the wind.

The $2.23M wall at $80 didn't budge.

And I LOVE that Clark Moody now convert to USD on the wall hover Smiley

there is a ~2963 BTC order at 80 USD
2963*80 USD=237'040 USD

ten times lower than 2 mil...
where do you see a 2 million wall?

He means the accumulated bids from the current price all the way to 80.
sr. member
Activity: 387
Merit: 250
April 14, 2013, 03:03:47 PM
#6
Given the $1 million buy wall at 90, there's no way we're going to 80 mate Smiley
But I do agree with the second half of your post.

Lol, what did I say?

I dont see any 1M$ BUY wall anywhere btw. Must have vanished buddy;)
Thats just how it goes with walls chap, they come and go like dust in the wind.

The $2.23M wall at $80 didn't budge.

And I LOVE that Clark Moody now convert to USD on the wall hover Smiley

there is a ~2963 BTC order at 80 USD
2963*80 USD=237'040 USD

ten times lower than 2 mil...
where do you see a 2 million wall?
sr. member
Activity: 350
Merit: 250
"Don't go in the trollbox, trollbox, trollbox"
April 14, 2013, 02:47:40 PM
#5
Given the $1 million buy wall at 90, there's no way we're going to 80 mate Smiley
But I do agree with the second half of your post.

Lol, what did I say?

I dont see any 1M$ BUY wall anywhere btw. Must have vanished buddy;)
Thats just how it goes with walls chap, they come and go like dust in the wind.

The $2.23M wall at $80 didn't budge.

And I LOVE that Clark Moody now convert to USD on the wall hover Smiley
sr. member
Activity: 350
Merit: 250
"Don't go in the trollbox, trollbox, trollbox"
April 14, 2013, 02:46:43 PM
#4
Given the $1 million buy wall at 90, there's no way we're going to 80 mate Smiley
But I do agree with the second half of your post.

Seconded.

Without the lag panic, I'm nowhere near as concerned.
legendary
Activity: 1022
Merit: 1000
April 14, 2013, 02:45:12 PM
#3
Given the $1 million buy wall at 90, there's no way we're going to 80 mate Smiley
But I do agree with the second half of your post.

Lol, what did I say?

I dont see any 1M$ BUY wall anywhere btw. Must have vanished buddy;)
Thats just how it goes with walls chap, they come and go like dust in the wind.
newbie
Activity: 28
Merit: 0
April 14, 2013, 02:37:40 PM
#2
Given the $1 million buy wall at 90, there's no way we're going to 80 mate Smiley
But I do agree with the second half of your post.
legendary
Activity: 1022
Merit: 1000
April 14, 2013, 02:34:31 PM
#1
Ok,ok we are not there yet, but IF we get to it, be sure to dip a little deeper.
What target? I would go for 80$/฿.

If we can withstand however, this support should turn into a launch pad in the coming days and weeks, with all that recent interest people will start a new bubble in no time if you ask me, this time exceeding 260$ easily Wink
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