Author

Topic: Massive sell order just went down. (Read 1723 times)

legendary
Activity: 2072
Merit: 1001
August 26, 2011, 04:14:14 PM
#11
fun fun fun. my buy order at 7.63 did not get filled. so close!
Looks like 7.642 was the low on the gox.
I guess I will leave it there for a while longer.

legendary
Activity: 1974
Merit: 1029
August 26, 2011, 03:18:25 PM
#10
Looked fake to me. Anything with a straight line I usually regard as fake. So $6.50 also looks fake.

bitcoincharts shows a nice volume bar when 8.5 was drilled. Sounds it was genuine.
full member
Activity: 126
Merit: 100
August 26, 2011, 02:16:12 PM
#9
$8 just fell, and wasn't fake. Looks like thousands of BTC were thrown at it.

Not all of them are fake, just a lot of them. I've seen them just disappear 60 - 70% of the time.

It's probably going to keep falling though, there's not much stopping it now until it reaches the $6 area.
legendary
Activity: 1246
Merit: 1077
August 26, 2011, 02:13:56 PM
#8
$8 just fell, and wasn't fake. Looks like thousands of BTC were thrown at it.
full member
Activity: 126
Merit: 100
August 26, 2011, 02:04:51 PM
#7
Looked fake to me. Anything with a straight line I usually regard as fake. So $6.50 also looks fake.
newbie
Activity: 55
Merit: 0
August 26, 2011, 02:02:38 PM
#6
The wall at 8.50 was shattered.. and 8 is barely holding on. I have a feeling whoever is
selling such large amounts is just waiting for fresh blood to put in buy orders above it.

That "wall" at 8.50 may as well have been a pile of dry leaves based on how it held ...
legendary
Activity: 2072
Merit: 1001
August 26, 2011, 01:53:24 PM
#5
The wall at 8.50 was shattered.. and 8 is barely holding on. I have a feeling whoever is
selling such large amounts is just waiting for fresh blood to put in buy orders above it.
full member
Activity: 126
Merit: 100
August 26, 2011, 01:45:24 PM
#4
i'd buy right now if I had money. lol.  Everytime there is a huge sell there seems to be a huge buy to counteract.  (usually)

It's not low enough yet for me to buy.. I'm not going in above $6.50
full member
Activity: 182
Merit: 100
August 26, 2011, 01:43:16 PM
#3
i'd buy right now if I had money. lol.  Everytime there is a huge sell there seems to be a huge buy to counteract.  (usually)
legendary
Activity: 1792
Merit: 1047
August 26, 2011, 01:40:47 PM
#2
how did that meeting with big ol ben go? Smiley
legendary
Activity: 2072
Merit: 1001
August 26, 2011, 01:39:48 PM
#1
Big big sell going on right now.

thoughts?
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