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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31927. (Read 26470035 times)

legendary
Activity: 1792
Merit: 1047
legendary
Activity: 1232
Merit: 1011
no stalling on bitsamp. lot of buys actually.

btc express is leaving the station.
legendary
Activity: 1680
Merit: 1014
I've seen such high walls on Bitstamp before (1k). They usually came shortly before a retraction.
legendary
Activity: 1428
Merit: 1000
It's become very quiet all of a sudden... A dump is in the works?

It is definitely stalling, the big wall is preventing potential buyers to engage confidently. It might well correct hard if more coins come back in.
sr. member
Activity: 354
Merit: 250
It's become very quiet all of a sudden... A dump is in the works?

Possibly that huge wall on Gox is putting a damper on things for now. Maybe people just need a break after the ATH.


A bit of healthy sideways action for now it seems
legendary
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1792
Merit: 1047
sr. member
Activity: 280
Merit: 250
It's become very quiet all of a sudden... A dump is in the works?

Possibly that huge wall on Gox is putting a damper on things for now. Maybe people just need a break after the ATH.

legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
the cautious atmosphere in here affirms my belief that we'll go to $450 and beyond over the next weeks.

Well I wouldn't say it's precisely cautious, there's lots of excitement, gif animated rockets, it's happening and all that. However people aren't getting loans to enter (yet!) so that's a bullish signal.

Did I mention that I had a call today via localbitcoins from a guy who had sold his car in order to buy?

For heavens sake, please give him the usual caveat of 'what your prepared to loose' etc

Seems he was prepared to lose his car.  Problem was he wanted cheap coins.  I did explain to him that cheap coins in this market might not be as good as fast coins, which is what I could give him with localbitcoins.   I offered him what I could get from the exchange plus a two percent and some hor d'erves at the local French restaurant while we wait for confirmations, but he passed.  About an hour later, the price with much higher. 
We all have to get our lessons where they come, I figure.  By the time he had the confirmations, he would have been in the money.

We exchanged numbers, so I may call him back just to see how it went.  Wink
legendary
Activity: 1680
Merit: 1014
It's become very quiet all of a sudden... A dump is in the works?
maz
full member
Activity: 140
Merit: 100
Quote
For heavens sake, please give him the usual caveat of 'what your prepared to loose' etc

Not sure if this is trolling or not.

and? even if it is?
legendary
Activity: 1792
Merit: 1047
$300 by the end of the week !

Yes that may be optimistic. Yet what is realistic is the increasing demand for new adopters/investors to own bitcoin.
legendary
Activity: 1428
Merit: 1000
$300 by the end of the week !

340 - 360 seems achievable.

Didn't you talk about a bear market a week ago and calling the bottom of it?

Bears also play the bubble game. You can be a bear and profit while being trigger ready.  Cheesy
legendary
Activity: 1792
Merit: 1047
legendary
Activity: 1218
Merit: 1003
Quote
For heavens sake, please give him the usual caveat of 'what your prepared to loose' etc

Not sure if this is trolling or not.
legendary
Activity: 2324
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 252
Merit: 250
$300 by the end of the week !

340 - 360 seems achievable.

Didn't you talk about a bear market a week ago and calling the bottom of it?
sr. member
Activity: 378
Merit: 250
Born to chew bubble gum and kick ass
$300 by the end of the week !

340 - 360 seems achievable.
legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
261 on Gox.

I think we are back to the 'lets shake out the weak hands' game again. I think there is still a lot of newcomers waiting to still buy in. I cautioned a colleague whos funds cleared on bitstamp today, to just test the market with the minimum bitcoin purchase. See if he could sell it higher. And then gage how confident he feels.

I am expecting a big correction.

I think I will go back to not watching the exchange rate. All this enthusiasm to get to an all-time-hight, then the foreboding that comes when we reach it, etc.. is bad for my health.
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