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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31583. (Read 26608460 times)

hero member
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in defi we trust
Gentlemen... fasten your seatbelts cause we're going UP Grin



Din't it fail the last two times? =))))
legendary
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diamond-handed zealot

So say BTC becomes THE global/national currency. For shits and giggles, what do you think that would put the price at? Additionally, those who hold over 1kBTC (which is a solid handful) would have such an influence on our economies. I don't want to discredit anyone who was an early adopter of bitcoin...but if the above was to come true, wouldnt you be worried about the power some of these people hold?

as opposed to the power the current oligarchy holds?  I'll take my chances with the libertarian crypto nerds thanks.
legendary
Activity: 1904
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Gentlemen... fasten your seatbelts cause we're going UP Grin



I don't understand what point you are trying to make with your graph.
full member
Activity: 263
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Gentlemen... fasten your seatbelts cause we're going UP Grin

hero member
Activity: 624
Merit: 502
The fight for 900 is over i think. The 900 wall won. He didn't get to sell his coins instead of spreading them out over 900+ and make even more. Well done.
Of course we'll see a 500 sell now followed by panic sheep and we'll be back 780 within the hour.

 Cheesy
Speaking of sheep, the best girl video in the world: http://www.youtube.com/watch?v=HNMq8XS4LhE turns out that the girl in the video is from manchester where i live.

Where in Manchester you from?
hero member
Activity: 894
Merit: 501
The fight for 900 is over i think. The 900 wall won. He didn't get to sell his coins instead of spreading them out over 900+ and make even more. Well done.
Of course we'll see a 500 sell now followed by panic sheep and we'll be back 780 within the hour.

 Cheesy

the wall at bitstamp which thought it had won about 5.5 hours ago (somewhere about $835), sold, causing a rapid recovery, and subsequent rise to above the price the wall had been blocking.

I'd say that the gox wall isn't going to fold so easy, but if it were to, we'd see >900 very soon after
legendary
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KFR
hero member
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Per ardua ad luna
It's like the unexpected hanging paradox. Everyone *knows* that there will be a major cashout at 1000 so everyone *knows* the fight to 1000 will be fraught with battles and crazy ups-and-downs so everbody *knows* it's better to cash out at 900 so...

http://en.wikipedia.org/wiki/Unexpected_hanging_paradox

I'm quite sure there's a bit of that going on but it is rather a USD-centric view. Smiley
newbie
Activity: 7
Merit: 0

So say BTC becomes THE global/national currency. For shits and giggles, what do you think that would put the price at? Additionally, those who hold over 1kBTC (which is a solid handful) would have such an influence on our economies. I don't want to discredit anyone who was an early adopter of bitcoin...but if the above was to come true, wouldnt you be worried about the power some of these people hold?
hero member
Activity: 672
Merit: 500
The fight for 900 is over i think. The 900 wall won. He didn't get to sell his coins instead of spreading them out over 900+ and make even more. Well done.
Of course we'll see a 500 sell now followed by panic sheep and we'll be back 780 within the hour.

 Cheesy
Speaking of sheep, the best girl video in the world: http://www.youtube.com/watch?v=HNMq8XS4LhE turns out that the girl in the video is from manchester where i live.

No sound on. Looks odd.

Bitstamp is moving up. Maybe it will give that last push Gox needs.

Edit: no, nevermind.
sr. member
Activity: 276
Merit: 250
The fight for 900 is over i think. The 900 wall won. He didn't get to sell his coins instead of spreading them out over 900+ and make even more. Well done.
Of course we'll see a 500 sell now followed by panic sheep and we'll be back 780 within the hour.

 Cheesy
Speaking of sheep, the best girl video in the world: http://www.youtube.com/watch?v=HNMq8XS4LhE turns out that the girl in the video is from manchester where i live.
hero member
Activity: 672
Merit: 500
The fight for 900 is over i think. The 900 wall won. He didn't get to sell his coins. Ends up with nothing instead of spreading them out over 900+ and make even more. Well done.
Of course we'll see a 500 sell now followed by panic sheep and we'll be back at 780 within the hour.

 Cheesy
sr. member
Activity: 276
Merit: 250
900's being a real cocktease.

I really don't get the guys who pile their sell orders on $900. If you think it won't break ATH, just spread your asks below $900. If you think it will break ATH, just pull the ask and let the price slide upwards.

Really, placing an ask on ATH is something I will never understand, but people does that a lot. Never understood the logic in it unless its pure manipulation (inducing the market to think that the resistance on ATH is too high so the price can just go down).

That is why it's called a physiological barrier.
n00b's like when I was one just a little while ago say I'll cash out at 900.

And there you have it a physical physiological barrier.

It's like the unexpected hanging paradox. Everyone *knows* that there will be a major cashout at 1000 so everyone *knows* the fight to 1000 will be fraught with battles and crazy ups-and-downs so everbody *knows* it's better to cash out at 900 so...

http://en.wikipedia.org/wiki/Unexpected_hanging_paradox
It's like how i go to the presumed busiest mall in manchester (trafford centre) instead of manchester city centre shopping at christmas and finding it suprisingly empty.  I go with that logic a lot and it works.
sr. member
Activity: 276
Merit: 250
There is really no explanation needed. Market wants up.

Why don't you buy some then? No one with actual money is on the buy side, that is why market is not going up despite your wish.

Well, is not going down neither - in fact it went up since you sold your coins.

Sad
it's neither going down.  Smiley not a double negative if you do a not then it's not going down either  Smiley
full member
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legendary
Activity: 2576
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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
900's being a real cocktease.

I really don't get the guys who pile their sell orders on $900. If you think it won't break ATH, just spread your asks below $900. If you think it will break ATH, just pull the ask and let the price slide upwards.

Really, placing an ask on ATH is something I will never understand, but people does that a lot. Never understood the logic in it unless its pure manipulation (inducing the market to think that the resistance on ATH is too high so the price can just go down).

That is why it's called a physiological barrier.
n00b's like when I was one just a little while ago say I'll cash out at 900.

And there you have it a physical physiological barrier.

It's like the unexpected hanging paradox. Everyone *knows* that there will be a major cashout at 1000 so everyone *knows* the fight to 1000 will be fraught with battles and crazy ups-and-downs so everbody *knows* it's better to cash out at 900 so...

http://en.wikipedia.org/wiki/Unexpected_hanging_paradox
sr. member
Activity: 276
Merit: 250
I just can't shake the feeling that there's one more good thrust left in this run.


PUSH BABY! PUSH! Squeeze my hand you're doin just fine "OHHHHHH! OHHHH! EEEEEEEEEE!!!!!!" POP!
legendary
Activity: 1036
Merit: 1000
MtGox ATH broken in yen.
legendary
Activity: 1372
Merit: 1000
900's being a real cocktease.

I really don't get the guys who pile their sell orders on $900. If you think it won't break ATH, just spread your asks below $900. If you think it will break ATH, just pull the ask and let the price slide upwards.

Really, placing an ask on ATH is something I will never understand, but people does that a lot. Never understood the logic in it unless its pure manipulation (inducing the market to think that the resistance on ATH is too high so the price can just go down).

That is why it's called a physiological barrier.
n00b's like when I was one just a little while ago say I'll cash out at 900.

And there you have it a physical physiological barrier.
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