Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32133.

prophetx

legendary

Activity: 1666

Merit: 1010

he who has the gold makes the rules

Quote from: Spider on October 21, 2013, 05:12:31 AM

The real capitulation is still ahead. There will be wailing and gnashing of teeth. Fortunes will be lost, lives of many will be ruined. You are blinded by greed and live in a world of imagination. The downfall is imminent.

the capitulation of the us dollar?

Miz4r

legendary

Activity: 1246

Merit: 1000

Quote from: tutkarz on October 21, 2013, 05:15:21 AM

Quote from: Spider on October 21, 2013, 05:12:31 AM

The real capitulation is still ahead. There will be wailing and gnashing of teeth. Fortunes will be lost, lives of many will be ruined. You are blinded by greed and live in a world of imagination. The downfall is imminent.

you are talking about fiat money, right?

Must be.

tutkarz

hero member

Activity: 546

Merit: 501

Quote from: Spider on October 21, 2013, 05:12:31 AM

The real capitulation is still ahead. There will be wailing and gnashing of teeth. Fortunes will be lost, lives of many will be ruined. You are blinded by greed and live in a world of imagination. The downfall is imminent.

you are talking about fiat money, right?

Spider

full member

Activity: 171

Merit: 100

The real capitulation is still ahead. There will be wailing and gnashing of teeth. Fortunes will be lost, lives of many will be ruined. You are blinded by greed and live in a world of imagination. The downfall is imminent.

samson

legendary

Activity: 2097

Merit: 1070

Quote from: rpietila on October 21, 2013, 01:56:35 AM

Quote from: samson on October 20, 2013, 08:23:17 PM

If there's not enough depth in each direction then I'll just sit and wait. I'm no no rush whatsoever.

You have been invested quite long. Has this strategy paid off, compared to simple buy&hold?

Yes it has.

Lets take a look at the ask depth :

8,000 BTC takes the price to $201 - Could be done - not so hard either at the current price point

16,000 BTC takes the price to $248 - The kind of people who went long at $240 and above in April will be buying here

20,000 BTC takes the price to $280 - LOL

23,000 BTC takes the price to $500+ - LOL

Unless there's a long period of consolidation where bids and asks are filled either side of the spread it will crash.

gandhibt

full member

Activity: 238

Merit: 100

Quote from: MoreFun on October 21, 2013, 04:49:39 AM

Maybe this guy plans a moderate crash. If he set a 10k ask wall at $170 and removes most of his bids (he has probably 70% of bids from $170) we are near $150 without much of others help. Roll Eyes

You're giving way too much power to orderbook and one guy. There's a lot money sitting on side, ready to buy cheap coins.

ChartBuddy

legendary

Activity: 2324

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MoreFun

legendary

Activity: 1008

Merit: 1003

WePower.red

Maybe this guy plans a moderate crash. If he set a 10k ask wall at $170 and removes most of his bids (he has probably 70% of bids from $170) we are near $150 without much of others help. Roll Eyes

jeezy

legendary

Activity: 1237

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gizmoh

legendary

Activity: 1428

Merit: 1000

Quote from: Chaz on October 21, 2013, 04:28:38 AM

Quote from: TERA on October 21, 2013, 04:19:03 AM

The staggered bids have moved all the way up to 188 now.

Quote from: MoreFun on October 21, 2013, 04:26:27 AM

Nice and smart staircase on Gox. Probably one guy...

The last time I saw this was @ ~250, I was sitting there on my computer and thought, that doesn't look right, someone is trying to hold up the market. If Gox was still the market leader, I would think this would be a good time to sell, unfortunately you have to take their order book with a grain of salt now.

Different times, different situation. I can see a break out of 200 in the next 2 days.
As for staggered bids, Probably the guy that sold 8k coins at 193 now willing to buy back,you know one cannot sleep well with Gox-USD,and no btc in hand..

Chaz

member

Activity: 71

Merit: 10

Quote from: TERA on October 21, 2013, 04:19:03 AM

The staggered bids have moved all the way up to 188 now.

Quote from: MoreFun on October 21, 2013, 04:26:27 AM

Nice and smart staircase on Gox. Probably one guy...

The last time I saw this was @ ~250, I was sitting there on my computer and thought, that doesn't look right, someone is trying to hold up the market. If Gox was still the market leader, I would think this would be a good time to sell, unfortunately you have to take their order book with a grain of salt now.

MoreFun

legendary

Activity: 1008

Merit: 1003

WePower.red

Nice and smart staircase on Gox. Probably one guy...

Miz4r

legendary

Activity: 1246

Merit: 1000

Time to hit $200 today. Cheesy

Remember $199 is expensive, $201 is cheap. Wink

TERA

hero member

Activity: 728

Merit: 500

The staggered bids have moved all the way up to 188 now.

MikeH

sr. member

Activity: 406

Merit: 250

Quote from: bobdude17 on October 21, 2013, 12:47:45 AM

189 just got eaten up. Definitely Chinese driven

not just that, I've seen at least 3 honest discussions about the US economy on mainstream media since the shut down - it's so weird.

ChartBuddy

legendary

Activity: 2324

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prophetx

legendary

Activity: 1666

Merit: 1010

he who has the gold makes the rules

right now on gox there are 25679 btc in buy orders between $1 and 1.25

i have to wonder, did people just forget about their accounts? are these orders from people who are dead?

at the other end the depth of for sale btc is about 26000 btc... each week it gets lower...

at some point, something has to break

anyway i put in a small sell order at 469, come and get it...

Walsoraj

hero member

Activity: 686

Merit: 500

Ultranode

I go to sleep now. Single digits by the time I awake. Kiss

ChartBuddy

legendary

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bobdude17

sr. member

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Quote from: Zangelbert Bingledack on October 21, 2013, 02:47:36 AM

Perfect storm.

That's what I'm thinking. Too much buying, too much holding. US and China trading off driving the price every 12 hours.

Sticking to it, ATH sometime in the next 7 days.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32133. (Read 26472672 times)