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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32254. (Read 26473961 times)

legendary
Activity: 2842
Merit: 1511
Is everybody asleep at Bitstamp?
legendary
Activity: 896
Merit: 1000
If $140 falls...
I doubt it will until this massive September long Pennant/triangle is over. Seems like it might end around Oct 5 and then KABOOM up we go. If it happens earlier I'd be happy, this thing has taken forever.

Or it could break down... why does everyone keep dismissing this possibility? Every day the required ta levels (Bollinger etc) to do so keeps creeping up (131 now), yet the market depth is failing to follow. In the past 2 months of 140 STILL no market depth has filled in. Its still only 5k to 130 (and trendbreak) and 20k to 120. Total bid depth is now $11.5m whereas 3 months ago at $110 market depth was at $16m! The volume is still low too (8k of today's volume is fake bot error) and ppl keep relentlessly dumping on stamp and btce.

Down is certainly always an option, but in most cases pennants follow the previous trend which was up in this case. Only time will tell. =)

Looks like we broke through the pennant upwards, hopefully we can continue up through the next resistance level.



Im getting so giddy thinking of breaking 150 Smiley

I cant believe the price is already up $10 since I bought... almost sold at $140 too.

BTW guys, that whale was definitely watching this thread.

Look familiar, anyone?



Hint: That isnt todays, yesterdays, or last months chart Tongue

He saw that and realized what happened afterwards hehe
sr. member
Activity: 354
Merit: 250
Still cheap bitcoins over at CampBX though. I'm surprised their volume hasn't increased much with them being the only method to buy BTC with Dwolla now.
sr. member
Activity: 462
Merit: 250
People with large amounts of money can still withdraw?
MtGox refers to it as "manual processing" and apparently charges 5% extra for it.

I don't think that's still working. https://bitcointalksearch.org/topic/m.3257717

Yikes! Because of the seizure?
sr. member
Activity: 354
Merit: 250
People with large amounts of money can still withdraw?
MtGox refers to it as "manual processing" and apparently charges 5% extra for it.

I don't think that's still working. https://bitcointalksearch.org/topic/m.3257717
legendary
Activity: 840
Merit: 1000
If $140 falls...
I doubt it will until this massive September long Pennant/triangle is over. Seems like it might end around Oct 5 and then KABOOM up we go. If it happens earlier I'd be happy, this thing has taken forever.

Or it could break down... why does everyone keep dismissing this possibility? Every day the required ta levels (Bollinger etc) to do so keeps creeping up (131 now), yet the market depth is failing to follow. In the past 2 months of 140 STILL no market depth has filled in. Its still only 5k to 130 (and trendbreak) and 20k to 120. Total bid depth is now $11.5m whereas 3 months ago at $110 market depth was at $16m! The volume is still low too (8k of today's volume is fake bot error) and ppl keep relentlessly dumping on stamp and btce.

Down is certainly always an option, but in most cases pennants follow the previous trend which was up in this case. Only time will tell. =)

Looks like we broke through the pennant upwards, hopefully we can continue up through the next resistance level.

sr. member
Activity: 462
Merit: 250
How does current volume at Bitstamp or BTC-E compare to volume at Gox?

http://bitcoinwatch.com/

Why does Gox have so much more volume, with no withdrawals?

No withdrawals for the peasants. Whales get to buy privileged service.

People with large amounts of money can still withdraw?
MtGox refers to it as "manual processing" and apparently charges 5% extra for it.
Seems legit Cheesy
legendary
Activity: 4158
Merit: 4811
You're never too old to think young.
How does current volume at Bitstamp or BTC-E compare to volume at Gox?

http://bitcoinwatch.com/

Why does Gox have so much more volume, with no withdrawals?

No withdrawals for the peasants. Whales get to buy privileged service.

People with large amounts of money can still withdraw?
MtGox refers to it as "manual processing" and apparently charges 5% extra for it.
hero member
Activity: 686
Merit: 500
Ultranode
shit's gonna get real excited if we breach that 40,000 ask sum floor!  Grin Grin Grin
legendary
Activity: 1168
Merit: 1000
6k bitcoin scoop up on Gox in about 90 seconds.

lot of buyers looking to pick up now at 144/145 (or maybe just same guy)
sr. member
Activity: 462
Merit: 250
How does current volume at Bitstamp or BTC-E compare to volume at Gox?

http://bitcoinwatch.com/

Why does Gox have so much more volume, with no withdrawals?

No withdrawals for the peasants. Whales get to buy privileged service.

People with large amounts of money can still withdraw?
legendary
Activity: 4158
Merit: 4811
You're never too old to think young.
How does current volume at Bitstamp or BTC-E compare to volume at Gox?

http://bitcoinwatch.com/

Why does Gox have so much more volume, with no withdrawals?

No withdrawals for the peasants. Whales get to buy privileged service.
legendary
Activity: 896
Merit: 1000

Not sure if serious, but up!

Also, another 1k buy.

Damn, this is hot Tongue

@Beta-Coiner1: You'd have loved seeing the 15k market sell a few months ago. I caught it live Tongue

--

Btw, asks have stopped appearing, for the most part. I mean, before they were sustaining a 50k ask sum despite buying pressure. It seems to have given up. The dam has broken.
legendary
Activity: 1168
Merit: 1000
hero member
Activity: 532
Merit: 500
Da f***! Can't believe I saw that amount of BTC being bought live!
sr. member
Activity: 462
Merit: 250
legendary
Activity: 4158
Merit: 4811
You're never too old to think young.
Yee Haw. Here we go.
hero member
Activity: 686
Merit: 500
Ultranode
the gods!!! what mega-buys!!  Cheesy Cheesy
sr. member
Activity: 462
Merit: 250
How does current volume at Bitstamp or BTC-E compare to volume at Gox?

http://bitcoinwatch.com/

Why does Gox have so much more volume, with no withdrawals?
legendary
Activity: 896
Merit: 1000


 Cheesy

It feels like April all over again!

BEAUTIFUL BUY ! Er, 4k.
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