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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31233. (Read 26611296 times)

sr. member
Activity: 338
Merit: 250
POLL: Are we looking at the last coins under 1000 USD this year ?

legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
sr. member
Activity: 406
Merit: 250
it's almost time to revisit all those sites that said 'told you so!' regarding bitcoin crashing..
sr. member
Activity: 434
Merit: 250
Can't say that i'm not happy but it bothers me how young and iliquid (not liquid?) the market is when one order can swing it like 12%

doesn't that mean that there's a lot more room for growth then? it is kind of unnerving how finicky btc can be.
legendary
Activity: 2833
Merit: 1851
In order to dump coins one must have coins
Can't say that i'm not happy but it bothers me how young and iliquid (not liquid?) the market is when one order can swing it like 12%
hero member
Activity: 812
Merit: 587
Space Lord
Back to the moon! Cheesy

fixed that for you. we fell off the moon and back into earth's orbit, and didn't quite like it there  Grin

Minor gravity issues Grin
copper member
Activity: 2898
Merit: 1465
Clueless!
Somehow i think all those TA with triple bottom cups didn't account for one dude just coming out and buying up everything in sight at BTC3k

Satoshi was that you just f*cK*ng with us? Having a little joke to jolt things along?   If so thank you it was epic!  Wink
sr. member
Activity: 434
Merit: 250
Back to the moon! Cheesy

fixed that for you. we fell off the moon and back into earth's orbit, and didn't quite like it there  Grin
hero member
Activity: 812
Merit: 587
Space Lord
legendary
Activity: 1428
Merit: 1000
Somehow i think all those TA with triple bottom cups didn't account for one dude just coming out and buying up everything in sight at BTC3k

Pretty much.

That's the first buy like that out of the blue I ever remember. Sure it's happened before, but that was slightly epic. It was like watching a parabolic rise at the top of a rally.

The finest in panic buys..  Cheesy
sr. member
Activity: 260
Merit: 250
Seriously, why is everyone so surprised?   The market needed a correction off of $1240, but nothing actually happened to reduce bitcoin's appeal.   There is no way that there are or have been enough coins for sale for those who sold out to recover their positions, so the price must rise.   And as they say, there is no such thing as bad news . . .
hero member
Activity: 669
Merit: 500
legendary
Activity: 2156
Merit: 1070
Somehow i think all those TA with triple bottom cups didn't account for one dude just coming out and buying up everything in sight at BTC3k

Pretty much.

That's the first buy like that out of the blue I ever remember. Sure it's happened before, but that was slightly epic. It was like watching a parabolic rise at the top of a rally.
hero member
Activity: 667
Merit: 500
I think a large proportion of this is bot-driven, because there is absolutely no way the EMA method is this damn good in reality.
legendary
Activity: 2833
Merit: 1851
In order to dump coins one must have coins
Somehow i think all those TA with triple bottom cups didn't account for one dude just coming out and buying up everything in sight at BTC3k
full member
Activity: 126
Merit: 100
Eating up quickly so price moves to a new level, and sellers don't have time/willingness to put sells at previous level.


Yeah, market buys and sells have their place for those who can handle them. Sometimes they are exactly the right move.

Edit: They do reduce liquidity and go against the market, so it's at a cost to be an aggressive player.
newbie
Activity: 8
Merit: 0
Second market investors can only buy not panic and sell.
North we go. This buble may be different  Cheesy
legendary
Activity: 1428
Merit: 1000
Eating up quickly so price moves to a new level, and sellers don't have time/willingness to put sells at previous level.
Poor bears looking desperate now  Cheesy
legendary
Activity: 2156
Merit: 1070
Did someone accidentally put in a 1000 btc market order buy? That was ridiculous
full member
Activity: 126
Merit: 100
The crash was basically a big profit-taking dump masquerading as supposedly negative China news in order to suck in more panic sellers for the re-buy.
This is where all the doom and gloom FUD-spreaders are going to come back into the thread and admit they were wrong/lying, right?

I've been gloomy-- I'll admit I thought we'd seen this run-up take its course!
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