Rally!!!!! - page 4. | Bitcointalksearch.org

hazek

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Quote from: Vladimir on July 17, 2012, 06:16:03 PM

What he did is a sure way to lose money, and a way to wow his clueless flock. Nobody is making 10% per week doing such antics as selling into bid 1$ below the market price. Not consistently anyway.

That's why I'm convinced he didn't do anything. But claiming he did sure is nice publicity to lure more people into his scheme isn't it?

Vladimir

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-

What he did is a sure way to lose money, and a way to wow his clueless flock. Nobody is making 10% per week doing such antics as selling into bid 1$ below the market price. Not consistently anyway.

Spekulatius

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Quote from: Narydu on July 17, 2012, 01:11:59 PM

Quote from: thezerg on July 17, 2012, 12:43:25 PM

Quote from: Spekulatius on July 17, 2012, 11:48:38 AM

Quote from: Narydu on July 17, 2012, 11:02:22 AM

Lets see if a new 20k or 30k wall stands up in the days to come,
Or perhaps not... ;-)

Look at 7$ hombre!

This is like a nuclear standoff... everybody showing their sh*t nobody wants to fire 'em off.

Spekulatius:

7$ wall is a buying wall, If it has been an error, the seller would absolutelly need to buy low... all I say is that if my (unprobable) presumption is ok, we wont see any 20k wall in sell price...

Why not a 20k+ BTC SELL wall?? We saw many of those TODAY (UTC) and they were not only limited to that size. The largest I saw was about 50k BTC tall. If pirate really wants to stand tall to his promise to keep prices down, the best thing he could do was to wildly swing prices around as he did yesterday, as soon as we get into rally mode. That way he is nearly always in control (putting his BUY walls with the trend and then suddenly selling huge amounts at will) and is going to discourage traders to participate in any rally efforts, because they can be sure that he will tear down prices merciless.

sadpandatech

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Activity: 504

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Quote from: Piper67 on July 17, 2012, 02:17:11 PM

Quote from: thezerg on July 17, 2012, 02:01:34 PM

My point is that buy wall is so far off the money its just there to warn someone trying to push the price down with a sell wall.

Not all buy walls push, though. Some pull.

ding ding ding. =)

edit; or atleast they try. I'm stcikin' to my guns and pulling this guy up to $11.99885 ...

Piper67

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Quote from: thezerg on July 17, 2012, 02:01:34 PM

My point is that buy wall is so far off the money its just there to warn someone trying to push the price down with a sell wall.

Not all buy walls push, though. Some pull.

thezerg

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Activity: 1246

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My point is that buy wall is so far off the money its just there to warn someone trying to push the price down with a sell wall.

Narydu

donator

Activity: 743

Merit: 510

Quote from: thezerg on July 17, 2012, 12:43:25 PM

Quote from: Spekulatius on July 17, 2012, 11:48:38 AM

Quote from: Narydu on July 17, 2012, 11:02:22 AM

Lets see if a new 20k or 30k wall stands up in the days to come,
Or perhaps not... ;-)

Look at 7$ hombre!

This is like a nuclear standoff... everybody showing their sh*t nobody wants to fire 'em off.

Spekulatius:

7$ wall is a buying wall, If it has been an error, the seller would absolutelly need to buy low... all I say is that if my (unprobable) presumption is ok, we wont see any 20k wall in sell price...

If I had $200k and 20k BTC y could make both walls, but if I accidentally really sold my BTC, then I could only set buy (verry low -under 7,45?- intending to dump prices a bit before I rebuy).

I know this is unprobable but human errors occur, it did to me, hombre!

Besides strangely Pirate40 appeared talking about the selloff... he never didn´t atributed him self any before I think...

---

Thezerg, I didn´t get your point, sorry.

thezerg

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Quote from: Spekulatius on July 17, 2012, 11:48:38 AM

Quote from: Narydu on July 17, 2012, 11:02:22 AM

Lets see if a new 20k or 30k wall stands up in the days to come,
Or perhaps not... ;-)

Look at 7$ hombre!

This is like a nuclear standoff... everybody showing their sh*t nobody wants to fire 'em off.

TraderTimm

legendary

Activity: 2408

Merit: 1121

Judging by a simple upward trendline drawn from the July 5th bar, we could retrace to 7.80's without breaching the upward channel. Long 'whiskers' on a candlestick aren't usually used when aligning a trendline - but it is interesting that the highly volatile lower price below 7.40 was rejected quite soundly.

Heck of a trading session.

Spekulatius

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Activity: 1022

Merit: 1000

Quote from: Narydu on July 17, 2012, 11:02:22 AM

Lets see if a new 20k or 30k wall stands up in the days to come,
Or perhaps not... ;-)

Look at 7$ hombre!

Narydu

donator

Activity: 743

Merit: 510

To silly to think it was just a human error???
I learned the hard way (2k BTC) that sometimes MTGOX sell page activates the sell at market price option. Perhaps, only perhaps, this stupid manipulator guy just forgot to unmark the option and while he was setting a new 20/30k wall it just sell off inmediatelly at market prices down the slope.

Lets see if a new 20k or 30k wall stands up in the days to come, if not... this might be the real reason.

He used to use the wall, not to sell or buy but just to manipulate prices.

Or perhaps not... ;-)

RodeoX

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The revolution will be monetized!

It's Déjà vu! I remember this from last year. All you noobies are about to be accused of being unfair early adopters. Congrats.

Technomage

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Activity: 2184

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Affordable Physical Bitcoins - Denarium.com

I think Pirate is the one trying to stop the chaos, he is not necessarily behind it. There is more than one major player fighting for dominance right now. That is what makes the situation especially interesting.

Mt. Gox 24h volume is over 250k BTC and over 2 million dollars. Wow.

proudhon

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Activity: 2198

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Quote from: the joint on July 17, 2012, 12:48:38 AM

I really want to say that Pirate is behind a lot of the chaos today.

You weren't on IRC last night were you?

molecular

donator

Activity: 2772

Merit: 1019

Quote from: Bjork on July 17, 2012, 01:10:33 AM

Quote from: Bjork on July 16, 2012, 08:08:02 PM

One big sell off and this will trace back to 7.50-8.00 if not lower

let me just quote myself about 5 hours ago

edit: where is proudhon so I can give him a big bear hug

This made me lol. I'd like to see the gray and brown bear dancing together in happy unity.

arklan

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i think i have whiplash from that ride today...

unclescrooge

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Quote from: finkleshnorts on July 16, 2012, 06:28:02 PM

does anybody else really hope this slows down asap?

+1

Too high too fast :/

TraderTimm

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Activity: 2408

Merit: 1121

I think its amazing we stayed north of 8.00 even after the wicked volatility after the high of 9.00+.

That's what happens folks, especially in a thin order book with a monster on either side.

Mageant

legendary

Activity: 1145

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WTF? I wake up and BTC was already at 9.50$ overnight? Crazy.

Dargo

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Activity: 1820

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Quote from: ElectricMucus on July 17, 2012, 01:25:18 AM

Quote from: Dargo on July 17, 2012, 01:21:13 AM

And higher volume on the pullback isn't good for the bulls either. One day doesn't make a trend though so what matters is how things go from here.

But it isn't. PVT is still up.

It isn't a reliable indicator though.

Yes PVT is still up, my point is just that it's generally bullish to see higher volume up than down. By itself this isn't a great indicator, but it is one indicator. Not sure, but I don't think we disagree.

Topic: Rally!!!!! - page 4. (Read 81262 times)