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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25711. (Read 26609531 times)

legendary
Activity: 1358
Merit: 1001
https://gliph.me/hUF

there accumulating now....

they can't instantly buy 3K bitcoins to satisfy orders that would move price up, and they want cheap coins, like everyone else...

I didn't think they would buy on exchanges with that sort of money on hand?
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Interestingly when I tried to enter a purchase order at SecondMarket today I received this email:

Unfortunately it is unlikely that we will be able to sell you... BTC today… we have a fairly large Bitcoin Investment Trust order that we have to fill ahead of selling BTC to other counterparties.

Bullish?

bullish.


It is still pretty fucked that they do NOT have enough coins... maybe they should have been accumulating so they could fill all new orders.. dumb asses.

there accumulating now....

they can't instantly buy 3K bitcoins to satisfy orders that would move price up, and they want cheap coins, like everyone else...
legendary
Activity: 1764
Merit: 1031

It is still pretty fucked that they do NOT have enough coins... maybe they should have been accumulating so they could fill all new orders.. dumb asses.

No, not really. That's not their business model.
legendary
Activity: 1176
Merit: 1000
Testing: Not sure what's going on.


Explanation

You are late bro

Interestin chart. The orders are of a normal magnitude, but the asks are much lower than normal.
Presumably there are few asks as the price has fallen so much, so historic asks are off the chart.
The price appears to have stabilised at 400.
Perhaps there was some significant sellers have now exited.

Every weak hand who wanted to sell has. No point selling now. The price is down a lot sure, but a lot of coins have moved hands, we can potentially go up after some meandering round.

no more "weak hands" talk plz

thats just a bogus kind of explain movements in markets, i can tell ya that after trading for 20+ years at nymex,nasdaq etc

its just a misleading way of interpreting movements and costs you alot of money in the end

It is pretty clear to me that price drives sentiment with bitcoin. Newsflow is largely irrelevent unless it fits the price direction. The price has been helped down by large speculators and momentum delivered by weak handed holders until a 'crash' develops. Who do you think is buying the coins now?
legendary
Activity: 1281
Merit: 1000
☑ ♟ ☐ ♚
And I don't even like TA.



Sorry for the dimness but what does this imply?

Big double bottom  Cheesy





...just like in September last year...

Why not quadro bottom?

legendary
Activity: 1736
Merit: 1001
At least the bleeding has stoped today.
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
Interestingly when I tried to enter a purchase order at SecondMarket today I received this email:

Unfortunately it is unlikely that we will be able to sell you... BTC today… we have a fairly large Bitcoin Investment Trust order that we have to fill ahead of selling BTC to other counterparties.

Bullish?

bullish.


It is still pretty fucked that they do NOT have enough coins... maybe they should have been accumulating so they could fill all new orders.. dumb asses.
legendary
Activity: 1358
Merit: 1001
https://gliph.me/hUF
And I don't even like TA.

[...]

Sorry for the dimness but what does this imply?

Something along these lines, but of course the data history of BTC is too short to make TA meaningful.
legendary
Activity: 1193
Merit: 1003
9.9.2012: I predict that single digits... <- FAIL
And I don't even like TA.



Sorry for the dimness but what does this imply?

Big double bottom  Cheesy





...just like in September last year...
hero member
Activity: 910
Merit: 1003
what happened? what variance? no block found for a few hours?
From the blockchain.info quotes, I understood that there was a ~40 minute gap without a block.
we're fine
http://coinorama.net/blockchain

Block 321522 took 36 minutes, but next ones were OK.

full member
Activity: 182
Merit: 100
The price increase seems to be shorts closing, not normal buying, at least on Bfx.
legendary
Activity: 1764
Merit: 1031
Chartbuddy just became self-aware.
Bullish? Or is this going to end like T2: Judgement Day?
ImI
legendary
Activity: 1946
Merit: 1019
Blitz any chance you or the other mods could get newbie jail reinstituted. The proliferation of annoying trolls is ridiculous.

there should be a bann option just for threads. so a self-moderated thread could simply keep troll-fuckers out of their threads by a single klick.
legendary
Activity: 1281
Merit: 1000
☑ ♟ ☐ ♚
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
if you have fiat locked and loaded.... you know what to do.
legendary
Activity: 1176
Merit: 1000
Blitz any chance you or the other mods could get newbie jail reinstituted. The proliferation of annoying trolls is ridiculous.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Starting at 01:00 UTC
















weeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee

hero member
Activity: 672
Merit: 500
Testing: Not sure what's going on.


Explanation

You are late bro

Interestin chart. The orders are of a normal magnitude, but the asks are much lower than normal.
Presumably there are few asks as the price has fallen so much, so historic asks are off the chart.
The price appears to have stabilised at 400.
Perhaps there was some significant sellers have now exited.

Every weak hand who wanted to sell has. No point selling now. The price is down a lot sure, but a lot of coins have moved hands, we can potentially go up after some meandering round.

Ah the weak hands are gone. Everything will be fine now.
ImI
legendary
Activity: 1946
Merit: 1019
Testing: Not sure what's going on.


Explanation

You are late bro

Interestin chart. The orders are of a normal magnitude, but the asks are much lower than normal.
Presumably there are few asks as the price has fallen so much, so historic asks are off the chart.
The price appears to have stabilised at 400.
Perhaps there was some significant sellers have now exited.

Every weak hand who wanted to sell has. No point selling now. The price is down a lot sure, but a lot of coins have moved hands, we can potentially go up after some meandering round.

no more "weak hands" talk plz

thats just a bogus kind of explain movements in markets, i can tell ya that after trading for 20+ years at nymex,nasdaq etc

its just a misleading way of interpreting movements and costs you alot of money in the end
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
FUUUU almost a hour and a half and no confirmation.


Why the price crashed just when I needed to transfer some coins Sad

If you were trying to sell at $380, you may have been saved?
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