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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31115. (Read 26484740 times)

maz
full member
Activity: 140
Merit: 100
As we bounce up and down, the total bid sum is vanishing quite fast.

Buy orders at 100 Sir!
hero member
Activity: 686
Merit: 500
Ultranode
Ahaha, Gox is sinking faster than btce and campbx. wow.
sr. member
Activity: 378
Merit: 250
BTC950 sold into in like 60 sec.
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
in this case I am gonna say it guys, it wont heart if you take some profits before it is late, we came from $100 to $1240 in 2 months....
hero member
Activity: 686
Merit: 500
Ultranode
As we bounce up and down, the total bid sum is vanishing quite fast.
legendary
Activity: 2179
Merit: 1201
WTH its the end  Shocked
full member
Activity: 238
Merit: 100
Gox is about to dip below 900.  to the above post, you should have held firm, this is falling more.
legendary
Activity: 896
Merit: 1000
legendary
Activity: 2772
Merit: 1028
Duelbits.com

This definitely looks like coordinated action by several central banks.

In other news, $900 taking a beating.
hero member
Activity: 574
Merit: 500
sigh, wussed out closed my position @ 926.  But just started a new short @ 911, forgot today is only friday morning.

go for 850 why not.

850's looking eh Cheesy

if it munches the 1k sell wall at 900 ill sell some too Cheesy
legendary
Activity: 1008
Merit: 1000
Guys, I bought back in! To the moooooooooon!
hero member
Activity: 894
Merit: 501
LTC, btcchina, and btc-e have broken through the floor. Bitstamp and Gox, it's up to you . . .
sr. member
Activity: 361
Merit: 250
Thoughts on this theory going into the weekend?

Usually we see a decline in price on the weekends, especially near in time to reaching an ATH.
I believe most people attribute this to a lack of new fiat being able to be pumped into the exchanges to purchase BTC with.

But in this case, with a decline preceding the weekend, there is plenty of fiat already on the exchanges.  People sold btc and are now holding fiat on the exchanges.  Therefore, everything else being equal, isn't it just as likely that we see a rise over the course of this weekend as it is a decline?

On the other hand, there is also unlimited of BTC's that can be added to the exchanges to be sold.

or 12,000,000 or so minus -1mil for satoshi and - whatever the feds are holding on to. -whoever is in cold storage
clearly not unlimited lol

You are right, not unlimited. But just guess what is going to happen if just 5% of all coins hit the exchanges.... Not that I am expecting this...
full member
Activity: 238
Merit: 100
Gox's fees are too high. It is unprofitable to trade there.

Yep, so much nicer to pay 0.2 at stamp.

stamp is so difficult to trade when panic occurs as the order book is so anemic.
Btcchina No Fee, plenty of newbie and fat book , that must be yummy..


I don't use/look order book when I trade fast.
full member
Activity: 238
Merit: 100
Oh man, stamp is going to drag mtgox below 900
full member
Activity: 238
Merit: 100
Thoughts on this theory going into the weekend?

Usually we see a decline in price on the weekends, especially near in time to reaching an ATH.
I believe most people attribute this to a lack of new fiat being able to be pumped into the exchanges to purchase BTC with.

But in this case, with a decline preceding the weekend, there is plenty of fiat already on the exchanges.  People sold btc and are now holding fiat on the exchanges.  Therefore, everything else being equal, isn't it just as likely that we see a rise over the course of this weekend as it is a decline?

On the other hand, there is also unlimited of BTC's that can be added to the exchanges to be sold.

or 12,000,000 or so minus -1mil for satoshi and - whatever the feds are holding on to. -whoever is in cold storage
clearly not unlimited lol

well i was kind of looking at it like a revolving door, where btc's sold could get re sold at lower prices...
hero member
Activity: 574
Merit: 500
Thoughts on this theory going into the weekend?

Usually we see a decline in price on the weekends, especially near in time to reaching an ATH.
I believe most people attribute this to a lack of new fiat being able to be pumped into the exchanges to purchase BTC with.

But in this case, with a decline preceding the weekend, there is plenty of fiat already on the exchanges.  People sold btc and are now holding fiat on the exchanges.  Therefore, everything else being equal, isn't it just as likely that we see a rise over the course of this weekend as it is a decline?

On the other hand, there is also unlimited of BTC's that can be added to the exchanges to be sold.

or 12,000,000 or so minus -1mil for satoshi and - whatever the feds are holding on to. -whoever is in cold storage
clearly not unlimited lol
full member
Activity: 238
Merit: 100
Thoughts on this theory going into the weekend?

Usually we see a decline in price on the weekends, especially near in time to reaching an ATH.
I believe most people attribute this to a lack of new fiat being able to be pumped into the exchanges to purchase BTC with.

But in this case, with a decline preceding the weekend, there is plenty of fiat already on the exchanges.  People sold btc and are now holding fiat on the exchanges.  Therefore, everything else being equal, isn't it just as likely that we see a rise over the course of this weekend as it is a decline?

On the other hand, there is also unlimited of BTC's that can be added to the exchanges to be sold.
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