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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32344. (Read 26469605 times)

full member
Activity: 168
Merit: 100
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
hero member
Activity: 588
Merit: 500
There are some big buyers hiding out there tonight...I saw a few feints in goxtool.
Some big bids were just thrown up and torn down in the blink of an eye....not sure if that was a mistake or not.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
I have so many people on ignore that sometimes I have to un-ignore them for a second to find out what everyone else is talking about.

pro tip don't ignore  them just assume they wrote nonsense and don't read it
hero member
Activity: 588
Merit: 500
I have so many people on ignore that sometimes I have to un-ignore them for a second to find out what everyone else is talking about.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Walsoraj your Ignore button... its glowing!   Tongue
hero member
Activity: 686
Merit: 500
Ultranode
It's a whale eat whale world out there.

^direct result of all the fiat having left Gox. Happens w/ scammy penny stocks all the time
full member
Activity: 238
Merit: 100
Whales should strike in the morning (in a few hours) if they want to keep the rising momentum.

If the whales have any intention to buy and hold, they would let this fear build up. That leads to more asks and a lower price. But not too long, as then we would correct down quite a lot.
That would work if they all collaborated. It's a whale eat whale world out there.
legendary
Activity: 896
Merit: 1000
Whales should strike in the morning (in a few hours) if they want to keep the rising momentum.

If the whales have any intention to buy and hold, they would let this fear build up. That leads to more asks and a lower price. But not too long, as then we would correct down quite a lot.
legendary
Activity: 1008
Merit: 1003
WePower.red
Whales should strike in the morning (in a few hours) if they want to keep the rising momentum.
hero member
Activity: 588
Merit: 500
Well, I think it earlier today overshot everyone's expectations and this was a small correction....looks like it is sideways bound again.
It was starting to look parabolic and was starting to concern everyone that this was...however welcome...too fast.
legendary
Activity: 896
Merit: 1000
Phew, recovery  Wink

Or so I hope... come on, hit my ask at 149!
full member
Activity: 210
Merit: 100
If you check the timing of this, you'll see that's when the price started creeping down.  Coincidence? Angry
hero member
Activity: 588
Merit: 500
Not enough volume to derive much from this.
legendary
Activity: 1498
Merit: 1000
A little bounce? or seriously going back up?
Schroedinger's cat seems alive while dead...
hero member
Activity: 588
Merit: 500
A little bounce? or seriously going back up?

Edit: It's a trap!
legendary
Activity: 896
Merit: 1000
Damn the order book canyon is really thin, the last time at this price is was much deeper.

Yes, im quite worried. Sold at 143.50 and bought back 146 stupidly. And its so easy to nosedive...

well, you must be quite mad right now.

Not so much mad that its going down, just that I was dumb enough to panic buy at 146.

I know the feeling, this is why i've stopped day trading for a while now. I've only suffered two small losses from it (which came out of my original profits), but that was enough to make me ragequit. My theory is there will be a point in time when some extremely bullish news arises. This is the point where everyone will go balls deep, so in the mean time i'll be watching for that point of entry like a hawk.

Yeah, everything I've got is mined. But I have done pretty poorly trading in the past. Right now I was up 20% and am still up - down a few % compared to buy&hold. Its just really hard to look at the orderbook right now and feel like I made a good decision. Usually after big buys I'm smart enough to find a reasonable entry point... but, I was dumb, kept 1-upping another player's bids, and just settled for a market order.. lol. Then shortly after I could have entered at $143.. or, now, $140. Plus I missed the sells at $148 :/

Just hoping I can get a nice exit in the high $140s and then it tanks, so I can stock up on bitcoin.
hero member
Activity: 504
Merit: 500
Damn the order book canyon is really thin, the last time at this price is was much deeper.

Yes, im quite worried. Sold at 143.50 and bought back 146 stupidly. And its so easy to nosedive...

well, you must be quite mad right now.

Not so much mad that its going down, just that I was dumb enough to panic buy at 146.

I know the feeling, this is why i've stopped day trading for a while now. I've only suffered two small losses from it (which came out of my original profits), but that was enough to make me ragequit. My theory is there will be a point in time when some extremely bullish news arises. This is the point where everyone will go balls deep, so in the mean time i'll be watching for that point of entry like a hawk.
hero member
Activity: 686
Merit: 500
Ultranode

I am not predicting that we go THAT low. I am not crazy!

Probably .67 USD tho. Far more reasonable
legendary
Activity: 2282
Merit: 1050
Monero Core Team
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