Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26580.

Grafzep

member

Activity: 91

Merit: 10

Quote from: MoreFun on July 30, 2014, 06:57:10 AM

Quote from: ?? on ??

Tomorrow GABI trust opens...

If we don't brake 560$ today I doubt we will see it in next days. Or?

They are already buying on stamp probably... so nothing will change.

No, they open on Friday so we are going down till the weekend.

No, they are not buying.

It really isn't complicated: they will make money on the increase in the value of their fund (probs mainly long with some downside hedging). Hence it is in their interest for the price to be as low as possible on Friday. They have decades of commodity trading experience and deep funding. We are going down till the weekend.

abercrombie

legendary

Activity: 1159

Merit: 1001

heard in btc-e chat.

dxchid: Market doesn't like gentle. She's got explosive overnight growth syndrome. She likes her hair pulled and slapped around a bit. BTC is a freaky lady.

blatchcorn

sr. member

Activity: 952

Merit: 281

Quote from: Wexlike on July 30, 2014, 07:10:00 AM

fuck it, i m pretty new to bitcoin and i ll hold ! atleast we have some movement !

Holding is the only way. People go crazy every time the price changes - don't forget this is Bitcoin after all

Pump3r

newbie

Activity: 14

Merit: 0

Quote from: Hfertig on July 30, 2014, 07:12:25 AM

Quote from: dreamspark on July 30, 2014, 07:08:45 AM

Quote from: barbs on July 30, 2014, 07:06:42 AM

From here : 8 million USD in bids to 270.
8 million USD in asks to 700

Now thats a pretty scary prospect. Such little liquidity for an $8billion market.

And not to forget: 29.5 million USD on loan on Bitfinex Margin Long positions. Perfect szenario for a further decline, if not a crash

Despite bearish ShroomsKit Indicator, to much bull, insufficient despair.

Hfertig

sr. member

Activity: 361

Merit: 250

Quote from: dreamspark on July 30, 2014, 07:08:45 AM

Quote from: barbs on July 30, 2014, 07:06:42 AM

From here : 8 million USD in bids to 270.
8 million USD in asks to 700

Now thats a pretty scary prospect. Such little liquidity for an $8billion market.

And not to forget: 29.5 million USD on loan on Bitfinex Margin Long positions. Perfect szenario for a further decline, if not a crash

ShroomsKit

hero member

Activity: 672

Merit: 500

Quote from: Elwar on July 30, 2014, 07:08:29 AM

Quote from: ShroomsKit on July 30, 2014, 07:04:08 AM

And more dumping.
Just keep telling yourself it's "shaking out the weak hands".

The more whales dump their bitcoins, the less people can complain about the small amount of people holding so many bitcoins.

Oh ok. In that case everything's fine.

barbs

hero member

Activity: 854

Merit: 1000

Quote from: ensurance982 on July 30, 2014, 07:08:33 AM

Quote from: barbs on July 30, 2014, 07:06:42 AM

From here : 8 million USD in bids to 270.
8 million USD in asks to 700

Can't confirm. Also you're most likely picking the most striking spots for your claim, the curves bend after those prices.

No I'm just doing +8 million and - 8 million on bitcoinity

Wexlike

legendary

Activity: 1473

Merit: 1086

fuck it, i m pretty new to bitcoin and i ll hold ! atleast we have some movement !

ShroomsKit

hero member

Activity: 672

Merit: 500

Quote from: ensurance982 on July 30, 2014, 07:06:47 AM

Quote from: ShroomsKit on July 30, 2014, 07:04:08 AM

And more dumping.
Just keep telling yourself it's "shaking out the weak hands".

Well, if you actually are telling the truth... You have been shaken out, haven't you? Wink

Yes and some poor guy is now holding my coins. I kinda feel sorry for him.

dreamspark

hero member

Activity: 798

Merit: 1000

Quote from: barbs on July 30, 2014, 07:06:42 AM

From here : 8 million USD in bids to 270.
8 million USD in asks to 700

Now thats a pretty scary prospect. Such little liquidity for an $8billion market.

ensurance982

hero member

Activity: 518

Merit: 500

Trust me!

Quote from: barbs on July 30, 2014, 07:06:42 AM

From here : 8 million USD in bids to 270.
8 million USD in asks to 700

Can't confirm. Also you're most likely picking the most striking spots for your claim, the curves bend after those prices.

Elwar

legendary

Activity: 3598

Merit: 2386

Viva Ut Vivas

Quote from: ShroomsKit on July 30, 2014, 07:04:08 AM

And more dumping.
Just keep telling yourself it's "shaking out the weak hands".

The more whales dump their bitcoins, the less people can complain about the small amount of people holding so many bitcoins.

ensurance982

hero member

Activity: 518

Merit: 500

Trust me!

Quote from: ShroomsKit on July 30, 2014, 07:04:08 AM

And more dumping.
Just keep telling yourself it's "shaking out the weak hands".

Well, if you actually are telling the truth... You have been shaken out, haven't you? Wink

barbs

hero member

Activity: 854

Merit: 1000

From here : 8 million USD in bids to 270.
8 million USD in asks to 700

Edit:8m in bids to 200

Valerian77

sr. member

Activity: 437

Merit: 255

Quote from: zby on July 30, 2014, 04:39:57 AM

So what do you guys think about the fact that the wall at 575 disappeared?

I think Bitcoin is not a company share and therefor the old terms like bubble, wall etc do not work anymore. A Bitcoin is better money than any money before. And on top it is on some level a share of everything that makes out our prosperity.

From that perspective it has the potential to go down to zero or raise up to replace (disrupt) any financial measurement (money) that existed before. To say that there is a upper or lower 'wall' of exchange rate does not reflect the nature of Bitcoin and is not applicable.

ShroomsKit

hero member

Activity: 672

Merit: 500

Quote from: MoreFun on July 30, 2014, 06:57:10 AM

Quote from: ?? on ??

Tomorrow GABI trust opens...

If we don't brake 560$ today I doubt we will see it in next days. Or?

They are already buying on stamp probably... so nothing will change.

What charts are you looking at? The imaginery ones?

ShroomsKit

hero member

Activity: 672

Merit: 500

And more dumping.
Just keep telling yourself it's "shaking out the weak hands".

barbs

hero member

Activity: 854

Merit: 1000

I like watching the order_book during dumps like this.. All that phony support evaporating off the book as price approaches it..

Kind of sad. I love bitcoin but you whales are greedy, so greedy.

Pump3r

newbie

Activity: 14

Merit: 0

Could somebody please dump 5k BTC in one hit, so that this moving fake support wall got filled?

ChartBuddy

legendary

Activity: 2380

Merit: 1823

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Explanation

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