Yeah, previous bidwalls have been a bit like the knight from Monty Python: "NONE SHALL PASS!", even when his legs have been cut off.
Topic: Great Bidwall - page 2. (Read 2440 times)
It makes me nervous when I see a move like this - so I sold now (that little bit I bought yesterday).
http://imagebin.org/179615
Someone set a ~$39,000 bidwall. Could be even larger, I counted only what's at 2.5. What impact can this have?
Someone set a ~$39,000 bidwall. Could be even larger, I counted only what's at 2.5. What impact can this have?
None. It's purely psychological. Try firing a few hundred bitcoins into it and watch it crumble. Someone is trying to say 'look, bitcoin won't fall below $2.50'. Trouble is, they did exactly the same thing at $3.50, $4, $4.50, etc. Look where that got us.
I remember those times. But this one is a bit larger. Also you'd need about 4000 coins to touch the big vertical line.
http://imagebin.org/179615
Someone set a ~$39,000 bidwall. Could be even larger, I counted only what's at 2.5. What impact can this have?
Someone set a ~$39,000 bidwall. Could be even larger, I counted only what's at 2.5. What impact can this have?
None. It's purely psychological. Try firing a few hundred bitcoins into it and watch it crumble. Someone is trying to say 'look, bitcoin won't fall below $2.50'. Trouble is, they did exactly the same thing at $3.50, $4, $4.50, etc. Look where that got us.
What impact can this have?
BUY BUY BUY, SELL SELL SELL!
http://imagebin.org/179615
Someone set a ~$39,000 bidwall. Could be even larger, I counted only what's at 2.5. What impact can this have?
Someone set a ~$39,000 bidwall. Could be even larger, I counted only what's at 2.5. What impact can this have?
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