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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29356. (Read 26623289 times)

legendary
Activity: 1120
Merit: 1012
good morning from Europe. What the fuck is the reason for the selloff? Karpeles resigned his foundation seat?


Who really knows?



Maybe magicaltux is pissed at bitcoin and selling his stash Wink

We can only hope!
sr. member
Activity: 560
Merit: 250
"Trading Platform of The Future!"
The current factor holding the BItcoin price down is that too few people hold too many coins. (Satoshi has 1 million, FBI has 100K, etc.)
Once more people hold less coins, the price will go up.
legendary
Activity: 896
Merit: 1000
good morning from Europe. What the fuck is the reason for the selloff? Karpeles resigned his foundation seat?


Who really knows?



Maybe magicaltux is pissed at bitcoin and selling his stash Wink

Still 5k left Wink
full member
Activity: 155
Merit: 100
1 Day chart macd also JUST on the edge of turning green on Stamp. hasn't been green since that 955$ rally in january. This huge sell wall also is interesting. Not too often you see them actually being sold in this scale.
KFR
hero member
Activity: 560
Merit: 500
Per ardua ad luna
Maybe MK didn't just resign his TBF seat.  Maybe he's:
http://www.youtube.com/watch?v=zyltK6pmJGg

The timing of that 10k wall, eh?  Cool
donator
Activity: 2772
Merit: 1019
good morning from Europe. What the fuck is the reason for the selloff? Karpeles resigned his foundation seat?


Who really knows?



Maybe magicaltux is pissed at bitcoin and selling his stash Wink
donator
Activity: 2772
Merit: 1019
good morning from Europe. What the fuck is the reason for the selloff? Karpeles resigned his foundation seat?


its not everyday someone posts a 10K wall

scared the shit out of everyone.

well, it's gone now
legendary
Activity: 1120
Merit: 1012
scared the shit out of everyone.

The coins of one dude are now in the hands of many. What is there to be scared about?
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
good morning from Europe. What the fuck is the reason for the selloff? Karpeles resigned his foundation seat?


its not everyday someone posts a 10K wall

scared the shit out of everyone.
legendary
Activity: 896
Merit: 1000
good morning from Europe. What the fuck is the reason for the selloff? Karpeles resigned his foundation seat?



sr. member
Activity: 560
Merit: 250
"Trading Platform of The Future!"
good morning from Europe. What the fuck happened? Karpeles resigned his foundation seat?

IDK but the only reason he would do such a thing is if he SODL below 200.
donator
Activity: 2772
Merit: 1019
good morning from Europe. What the fuck is the reason for the selloff? Karpeles resigned his foundation seat?
full member
Activity: 140
Merit: 100
banned but not broken
OK! Chase that fiat!

Fiat, bitcoin, gold, seashells... doesn't matter. What matters, is what currently holds wealth.
legendary
Activity: 896
Merit: 1000
On a semi-intersting note, the BitStamp bit sum has dropped 0.25m in the last hour, after the dumping stopped, and when the buying began.

So some of these buyers are pulling bids to buy in, it seems to me.
sr. member
Activity: 560
Merit: 250
"Trading Platform of The Future!"
Look, everyone are buying that big wall. Go and buy those "cheap coins" quickly!
Doesn't mater that this buying pressure just came out of thin air and no one was interested in buying 580$ coins before that big wall ;-)

Smart buyers want liquidity.

Day tarders want to move the market.

Smart traders want profit. There are no smart buyers with bitcoin. If someone buys bitcoins without the intention to trade, then that one sadly can't be smart.
Smart traders want profit. There are no smart buyers with bitcoin. If someone bought bitcoins when they costed less than 1 dollar without the intention to trade, they are smart. If someone buys bitcoins without the intention to trade and they are worth $1 million next year, then they are smart. If someone bought bitcoins when they were less than a dollar with the intention to trade, then they inevitably sold when they were $10 if they were smart, and therefore are stupid because they lost out on their bitcoins going to 1000 dollars.

Relativity invalidates your argument... like many arguments
full member
Activity: 140
Merit: 100
banned but not broken

The seller has engineered this move to rip the arse out of the dumb trading bots. These are mostly automated buy orders that are nibbling into his once 10K sell wall. HE is getting to shift 10K BTC at 'spot price'.....

pretty slick move.

It's not just for bots. There are plenty of people who are actually manually buying into this wall, because it seems that everyone else are doing it also. Some people are not very different from bots, when it comes to trading. Just look at this topic, and the people it involves.
legendary
Activity: 1120
Merit: 1012
Look, everyone are buying that big wall. Go and buy those "cheap coins" quickly!
Doesn't mater that this buying pressure just came out of thin air and no one was interested in buying 580$ coins before that big wall ;-)

Smart buyers want liquidity.

Day tarders want to move the market.

Smart traders want profit. There are no smart buyers with bitcoin. If someone buys bitcoins without the intention to trade, then that one sadly can't be smart.

OK! Chase that fiat!
sr. member
Activity: 560
Merit: 250
"Trading Platform of The Future!"
Is anyone else struck by the irony that the community has been demanding Mark's resignation for weeks now, but when he actually resigns the market responds with a 50% drop?

Is that accurate, or is there some part I'm missing here?

Gox is not the market.
The market was referring to the goxcoin market  Roll Eyes

The community demanding Mark's resignation is the greater community and the greater market, therefor this is not ironic.
+1
full member
Activity: 140
Merit: 100
banned but not broken
Look, everyone are buying that big wall. Go and buy those "cheap coins" quickly!
Doesn't mater that this buying pressure just came out of thin air and no one was interested in buying 580$ coins before that big wall ;-)

Smart buyers want liquidity.

Day tarders want to move the market.

Smart traders want profit. There are no smart buyers with bitcoin. If someone buys bitcoins without the intention to trade, then that one sadly can't be smart.
sr. member
Activity: 560
Merit: 250
"Trading Platform of The Future!"
Look, everyone are buying that big wall. Go and buy those "cheap coins" quickly!
Doesn't mater that this buying pressure just came out of thin air and no one was interested in buying 580$ coins before that big wall ;-)

Smart buyers want liquidity.

Day tarders want to move the market.
Rich buyers want liquidity.

Day tarders want to move the market.

FTFY
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