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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32028. (Read 26608198 times)

legendary
Activity: 896
Merit: 1000


adjusting chartbuddy Y parameters scared the shit out of me; looked like monster walls.
sr. member
Activity: 330
Merit: 250
Looks like Chinese bears wake up at 3-4am, perhaps the bulls are sleeping in a bit.
hero member
Activity: 686
Merit: 501
Stephen Reed
I see a steady drift downwards over the last four hours towards the resistance level near $390. Volume is higher at BTC China, so perhaps the sell off will continue for awhile.
full member
Activity: 196
Merit: 100
cant sleep waiting for a correction  Undecided
This was it. Now rebuy, go to sleep, and you'll be rich tomorrow Smiley

Yep, happy day tomorrow for all of us. Not getting lower than this.

I'm not so sure. We could be under 400 soon and I wouldn't rule out a deeper correction

Time for one of these then...

legendary
Activity: 1025
Merit: 1000
cant sleep waiting for a correction  Undecided
This was it. Now rebuy, go to sleep, and you'll be rich tomorrow Smiley

Yep, happy day tomorrow for all of us. Not getting lower than this.

I'm not so sure. We could be under 400 soon and I wouldn't rule out a deeper correction
sr. member
Activity: 373
Merit: 250
cant sleep waiting for a correction  Undecided
This was it. Now rebuy, go to sleep, and you'll be rich tomorrow Smiley

Yep, happy day tomorrow for all of us. Not getting lower than this.
legendary
Activity: 1176
Merit: 1011

How or where do you generate these 3D orderbook history charts?
legendary
Activity: 1176
Merit: 1011
cant sleep waiting for a correction  Undecided
This was it. Now rebuy, go to sleep, and you'll be rich tomorrow Smiley
sr. member
Activity: 373
Merit: 250
Looks like we tested another higher bottom, it's upwards from here. Lots of buying support exists
hero member
Activity: 486
Merit: 500
cant sleep waiting for a correction  Undecided
hero member
Activity: 574
Merit: 500
That 260 dump at 410 on g0x didnt seem to cause the beginning of a couple sell offs
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
full member
Activity: 238
Merit: 100
I just witnessed on Gox a single massive 1.4 K sell at once at 430 dropping all the way down to 405. Damn.
It's good to see how bitcoin isn't affected by this kind of things any more.  Smiley

and yet it bounced RIGHT back up to 430.

I don't have the numbers off hand to back this up, but it seems like the April-May rise would have been seriously affected by such a sell even for a few hours.  This time around it's almost like these dumps don't happen.

Am I crazy for feeling this to be the case?
I

no this is indeed the case.

the "bubble pop" happened on very little volume, everyone let that knife fall. no one is letting the kinfe fall today... ( might be because the chinese promiss to buy ALL the bitcoin for mtgox price +10%  Tongue )




sheez where's that guy with the 700 dollar per coin contracts? he just simply just ignored me LOL!!!  Cheesy /\500 will be the proving ground imho!


Do I hear $500 tomorrow?  It's quite possible given todays high was $70 higher than yesterday...

I think the odds of seeing <350 tomorrow are higher..

why just because their was a small correction just now?  rebounce to 400 on btsp shows strength at even this time of the day.
hero member
Activity: 614
Merit: 500
I just witnessed on Gox a single massive 1.4 K sell at once at 430 dropping all the way down to 405. Damn.
It's good to see how bitcoin isn't affected by this kind of things any more.  Smiley

and yet it bounced RIGHT back up to 430.

I don't have the numbers off hand to back this up, but it seems like the April-May rise would have been seriously affected by such a sell even for a few hours.  This time around it's almost like these dumps don't happen.

Am I crazy for feeling this to be the case?


no this is indeed the case.

the "bubble pop" happened on very little volume, everyone let that knife fall. no one is letting the kinfe fall today... ( might be because the chinese promiss to buy ALL the bitcoin for mtgox price +10%  Tongue )




sheez where's that guy with the 700 dollar per coin contracts? he just simply just ignored me LOL!!!  Cheesy /\500 will be the proving ground imho!


Do I hear $500 tomorrow?  It's quite possible given todays high was $70 higher than yesterday...

I think the odds of seeing <350 tomorrow are higher..
sr. member
Activity: 462
Merit: 250
I just witnessed on Gox a single massive 1.4 K sell at once at 430 dropping all the way down to 405. Damn.
It's good to see how bitcoin isn't affected by this kind of things any more.  Smiley

and yet it bounced RIGHT back up to 430.

I don't have the numbers off hand to back this up, but it seems like the April-May rise would have been seriously affected by such a sell even for a few hours.  This time around it's almost like these dumps don't happen.

Am I crazy for feeling this to be the case?


no this is indeed the case.

the "bubble pop" happened on very little volume, everyone let that knife fall. no one is letting the kinfe fall today... ( might be because the chinese promiss to buy ALL the bitcoin for mtgox price +10%  Tongue )




sheez where's that guy with the 700 dollar per coin contracts? he just simply just ignored me LOL!!!  Cheesy /\500 will be the proving ground imho!


Do I hear $500 tomorrow?  It's quite possible given todays high was $70 higher than yesterday...
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
newbie
Activity: 42
Merit: 0
I just witnessed on Gox a single massive 1.4 K sell at once at 430 dropping all the way down to 405. Damn.
It's good to see how bitcoin isn't affected by this kind of things any more.  Smiley

and yet it bounced RIGHT back up to 430.

I don't have the numbers off hand to back this up, but it seems like the April-May rise would have been seriously affected by such a sell even for a few hours.  This time around it's almost like these dumps don't happen.

Am I crazy for feeling this to be the case?


no this is indeed the case.

the "bubble pop" happened on very little volume, everyone let that knife fall. no one is letting the kinfe fall today... ( might be because the chinese promiss to buy ALL the bitcoin for mtgox price +10%  Tongue )




sheez where's that guy with the 700 dollar per coin contracts? he just simply just ignored me LOL!!!  Cheesy /\500 will be the proving ground imho!
hero member
Activity: 518
Merit: 500
I just witnessed on Gox a single massive 1.4 K sell at once at 430 dropping all the way down to 405. Damn.
It's good to see how bitcoin isn't affected by this kind of things any more.  Smiley

and yet it bounced RIGHT back up to 430.

I don't have the numbers off hand to back this up, but it seems like the April-May rise would have been seriously affected by such a sell even for a few hours.  This time around it's almost like these dumps don't happen.

Am I crazy for feeling this to be the case?

no this is indeed the case.

the "bubble pop" happened on very little volume, everyone let that knife fall. no one is letting the kinfe fall today... ( might be because the chinese promiss to buy ALL the bitcoin for mtgox price +10%  Tongue )

Now, the question is is there any possible scenario where we don't just keep climbing until we get to 0 volume again whether it's at $450, $500, $1000, ect?

I like to think that simply not being able to be Goxxed this time around is the key ingredient, but I'd like to hear other opinions.
full member
Activity: 263
Merit: 100
I just witnessed on Gox a single massive 1.4 K sell at once at 430 dropping all the way down to 405. Damn.
It's good to see how bitcoin isn't affected by this kind of things any more.  Smiley
and yet it bounced RIGHT back up to 430.
but bitcoincharts says the low was 415
Yup, was 415. Still a nice little sell-off
kk just making sure, not that it would have made any difference. 405 still would not have come close to breaking these crazy bullish technicals.  Cheesy

Yeah it looks like you're right adam and it was in fact 415. I might have got confused by stamp price which went down from 410 to 405 at that time, triggered by that gox order sell.

I don't have the numbers off hand to back this up, but it seems like the April-May rise would have been seriously affected by such a sell even for a few hours.  This time around it's almost like these dumps don't happen.
Am I crazy for feeling this to be the case?
no this is indeed the case.
the "bubble pop" happened on very little volume, everyone let that knife fall. no one is letting the kinfe fall today... ( might be because the chinese promiss to buy ALL the bitcoin for mtgox price +10% )
this is not a bubble, this is what being bought out feels like.

In God Bitcoin we trust Smiley.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
I just witnessed on Gox a single massive 1.4 K sell at once at 430 dropping all the way down to 405. Damn.
It's good to see how bitcoin isn't affected by this kind of things any more.  Smiley

and yet it bounced RIGHT back up to 430.

I don't have the numbers off hand to back this up, but it seems like the April-May rise would have been seriously affected by such a sell even for a few hours.  This time around it's almost like these dumps don't happen.

Am I crazy for feeling this to be the case?

no this is indeed the case.

the "bubble pop" happened on very little volume, everyone let that knife fall. no one is letting the kinfe fall today... ( might be because the chinese promiss to buy ALL the bitcoin for mtgox price +10%  Tongue )
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