Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32277.

Dalib

full member

Activity: 462

Merit: 101

A Top Web 3 Gaming Layer2 Provider

Quote from: Dalib on July 04, 2013, 06:23:03 AM

yes yes yes.

It looks like a bnounce but in a very dangerous zone. Small probability to increase by more than 3% (around $ 84-85) and a big threat drop back below 76... Sad

It could be a trap to buy high and sell low....

maybe we'll see any 1 -2 day mini triangle...

Rampion

legendary

Activity: 1148

Merit: 1018

Quote from: niothor on July 04, 2013, 06:30:14 AM

something weird is happening..
http://blockchain.info/charts/estimated-transaction-volume?timespan=60days&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

3 consecutive days of over 300k bitcoins moved , never happend in the last 60 days.
and today volume is at 400k.

somebody is moving large amounts to god knows where

Gox?

niothor

hero member

Activity: 826

Merit: 501

in defi we trust

something weird is happening..
http://blockchain.info/charts/estimated-transaction-volume?timespan=60days&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

3 consecutive days of over 300k bitcoins moved , never happend in the last 60 days.
and today volume is at 400k.

somebody is moving large amounts to god knows where

Pompobit

hero member

Activity: 736

Merit: 508

wall at 81.75 half pulled / half eaten

Its About Sharing

legendary

Activity: 1442

Merit: 1000

Antifragile

A move up to 86 or so and then a bit of selling to bring things back down is possible. That will then create a nice spinning top candle. Some indecision for a day or two and then continue with the down trend.

ag@th0s

full member

Activity: 202

Merit: 100

Is it just me or is this the weakest press release you've ever seen?

https://mtgox.com/press_release_20130704.html

They've "formed relationships" with several un-named banks
"It will take a few weeks to get back to normal" - ie don't expect to get your fiat out any time soon
"In addition to our improved withdrawal system.." umm - it's not improved at the moment is it?

I don't trade on Gox and I won't. I think they're fucked.

Rampion

legendary

Activity: 1148

Merit: 1018

Quote from: ElectricMucus on July 04, 2013, 06:17:50 AM

Quote from: Jozzaboy on July 04, 2013, 06:16:19 AM

Quote from: ElectricMucus on July 04, 2013, 06:15:27 AM

Quote from: Jozzaboy on July 04, 2013, 06:12:49 AM

Maybe short at 81 then... it's slowing down.

How about no?

Why not? I'm welcome to both sides of the story.

Do as you like, but shorting is way too dangerous for my taste.

A recovery to 90+ is very possible.

You are right. Shorting bitcoins is crazy shit, you can be a bear and sell waiting for cheaper coins, but shorting is something I'd never do with BTC.

You are also right on the possibility of bouncing back to 90+. But I wouldn't call it "a recovery", I would call it another "epic sucker rally". Or a bull trap.

Dalib

full member

Activity: 462

Merit: 101

A Top Web 3 Gaming Layer2 Provider

yes yes yes.

It looks like a bnounce but in a very dangerous zone. Small probability to increase by more than 3% (around $ 84-85) and a big threat drop back below 76... Sad

It could be a trap to buy high and sell low....

ElectricMucus

legendary

Activity: 1666

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Marketing manager - GO MP

The only time I made money shorting was when it actually stopped recovering but moved sideways after a selloff only to go down again.
Oh and I got wiped out on the market reversal afterwards.

Jozzaboy

member

Activity: 98

Merit: 10

Quote from: ElectricMucus on July 04, 2013, 06:17:50 AM

Quote from: Jozzaboy on July 04, 2013, 06:16:19 AM

Quote from: ElectricMucus on July 04, 2013, 06:15:27 AM

Quote from: Jozzaboy on July 04, 2013, 06:12:49 AM

Maybe short at 81 then... it's slowing down.

How about no?

Why not? I'm welcome to both sides of the story.

Do as you like, but shorting is way too dangerous for my taste.

I'm not criticizing you mucus, I would just like your argument not to short from here.

I am a novice trader, it's obvious to me and everyone else. More than happy to learn though.

ElectricMucus

legendary

Activity: 1666

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Marketing manager - GO MP

Quote from: Jozzaboy on July 04, 2013, 06:16:19 AM

Quote from: ElectricMucus on July 04, 2013, 06:15:27 AM

Quote from: Jozzaboy on July 04, 2013, 06:12:49 AM

Maybe short at 81 then... it's slowing down.

How about no?

Why not? I'm welcome to both sides of the story.

Do as you like, but shorting is way too dangerous for my taste.

A recovery to 90+ is very possible.

Jozzaboy

member

Activity: 98

Merit: 10

Quote from: ElectricMucus on July 04, 2013, 06:15:27 AM

Quote from: Jozzaboy on July 04, 2013, 06:12:49 AM

Maybe short at 81 then... it's slowing down.

How about no?

Why not? I'm welcome to both sides of the story.

ElectricMucus

legendary

Activity: 1666

Merit: 1057

Marketing manager - GO MP

Quote from: Jozzaboy on July 04, 2013, 06:12:49 AM

Maybe short at 81 then... it's slowing down.

How about no?

gizmoh

legendary

Activity: 1428

Merit: 1000

Quote from: Jozzaboy on July 04, 2013, 06:06:09 AM

Quote from: Its About Sharing on July 04, 2013, 06:05:04 AM

Wow, a little bullish...
2k or so bought...

I was watching. 3k wall bought. Including 200 wall supports.

Incredible bull support.

There is no support, Look back 5k sell leads us to 72.
As bear as i am now , i bite in the wall just to sell to a little bit higher..technical trading.

Its About Sharing

legendary

Activity: 1442

Merit: 1000

Antifragile

Quote from: Rampion on July 04, 2013, 06:11:10 AM

How is this depth looking?

Bulls need to make this trap epic, so the depth can be replenished for another whale to take its dump. There's really no point in dumping now. The depth on the bid side is too shallow, its almost a joke. Hopefully bulls in denial will help this dead cat to bounce quite higher, replenishing the bid side for the dumper whales.

Jozzaboy

member

Activity: 98

Merit: 10

Maybe short at 81 then... it's slowing down.

Rampion

legendary

Activity: 1148

Merit: 1018

How is this depth looking?

Bulls need to make this trap epic, so the depth can be replenished for another whale to take its dump. There's really no point in dumping now. The depth on the bid side is too shallow, its almost a joke. Hopefully bulls in denial will help this dead cat to bounce quite higher, replenishing the bid side for the dumper whales.

Its About Sharing

legendary

Activity: 1442

Merit: 1000

Antifragile

Quote from: Jozzaboy on July 04, 2013, 06:06:09 AM

Quote from: Its About Sharing on July 04, 2013, 06:05:04 AM

Wow, a little bullish...
2k or so bought...

I was watching. 3k wall bought. Including 200 wall supports.

Incredible bull support.

No no no, contain your emotions a bit here and look at the bigger picture. I may be wrong but this looks very much like a bounce (maybe to 82).

ehoffman

sr. member

Activity: 378

Merit: 250

80$ wall gone

w00dy

member

Activity: 96

Merit: 10

we will see. nothing really changed except this lolGox Statement. i stay in fiat for now.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32277. (Read 26372017 times)