Then it will be interesting to see what happens the next 2 months.
You better pray volume doesn't pick up. That simply means fiat leaving the system faster.
THEN CRAASHHHH
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32354. (Read 26469804 times)
August 30, 2013, 05:26:47 PM
You better pray volume doesn't pick up. That simply means fiat leaving the system faster.
THEN CRAASHHHH
August 30, 2013, 05:23:33 PM
The rise is no different than in April in terms of price action. A whole lot of nothing and suddenly a big buy. Things seem to be accelerating, so my risk/reward perception is changing as well. If coins become super cheap due to a crash, I can always buy more with fresh FIAT.
Parabolic Rise 2.0, Yes please
Parabolic Rise 2.0, Yes please
Volume was far more substantial in april. Any given day was typically over 100k. We peaked over 550k. March and Feb were also way more active, I'd say 50-100k, avg day.
August 30, 2013, 05:21:20 PM
Then it will be interesting to see what happens the next 2 months.
August 30, 2013, 05:12:50 PM
The rise is no different than in April in terms of price action. A whole lot of nothing and suddenly a big buy. Things seem to be accelerating, so my risk/reward perception is changing as well. If coins become super cheap due to a crash, I can always buy more with fresh FIAT.
Parabolic Rise 2.0, Yes please
Parabolic Rise 2.0, Yes please
Volume was far more substantial in april. Any given day was typically over 100k. We peaked over 550k. March and Feb were also way more active, I'd say 50-100k, avg day.
You are completely wrong about the "whole lot of nothing and suddenly big buy." That bullshit started after the crash. Prior, there was constant floods of buy/sells and fiat flowed into gox equally strong.
August 30, 2013, 05:02:08 PM
August 30, 2013, 05:00:39 PM
Come on, think big 
August 30, 2013, 04:54:42 PM
sidenote: lol @ pathetic depth on bitstamp. This is the competition to Gox? lolol. It's sole purpose is clearly to cash out. not good sign of a healthy competitor.
FYI: the huge wall between ~130-132 on Bitstamp has been there for weeks now (or to be more precise mid may when the price was at around 125-130) and didn't moved at all.
August 30, 2013, 04:44:35 PM
I sold about 500 above $121 yesterday, it was the right thing to do.
… please keep up posted about your short. August 30, 2013, 04:42:25 PM
I did mention this earlier.
August 30, 2013, 04:37:23 PM
The rise is no different than in April in terms of price action. A whole lot of nothing and suddenly a big buy. Things seem to be accelerating, so my risk/reward perception is changing as well. If coins become super cheap due to a crash, I can always buy more with fresh FIAT.
Parabolic Rise 2.0, Yes please
Parabolic Rise 2.0, Yes please
No, please hold the rise until im sure of my position and get more money.
K,thx,
true derp.
August 30, 2013, 04:34:09 PM
The rise is no different than in April in terms of price action. A whole lot of nothing and suddenly a big buy. Things seem to be accelerating, so my risk/reward perception is changing as well. If coins become super cheap due to a crash, I can always buy more with fresh FIAT.
Parabolic Rise 2.0, Yes please
Parabolic Rise 2.0, Yes please
August 30, 2013, 04:31:33 PM
Bottom line is price going up for ALL THE WRONG REASONS. Why you mega-bulls get behind this BS I don't understand.
*edit*
i do understand because it is your bullshit
*edit*
i do understand because it is your bullshit
You don't know why they are buying! The fact you think every purchase on Gox is someone cashing out, compared to the fact they have yet to cash out, or even have near the volume on any other exchange makes zero sense. The only way for these whales to be selling now, like you think they are, is to do it in person, which is bullish, knowing people are out there wanting so many coins.
Personaly, I think these whales have so much cash stuck in their Gox accounts they realize they can profit in the meantime. All they have to do is run the price up until another bubble starts, or until Gox starts withdrawals, and then hope to dump before anyone else to get a good "propped up" price.
August 30, 2013, 04:12:45 PM
Just buy. Things will get crazy again
August 30, 2013, 04:10:46 PM
Ohmagah do i sell naow or is this bear trap?
herpa der dper derp harper derp derpa herp herp! herp? derderpaherp, daherp!
you are welcome
Its all so clear now! I have seen the light! Thank you, Walsoraj!
August 30, 2013, 04:09:32 PM
Ohmagah do i sell naow or is this bear trap?
herpa der dper derp harper derp derpa herp herp! herp? derderpaherp, daherp!
you are welcome
August 30, 2013, 04:08:26 PM
Ohmagah do i sell naow or is this bear trap?
August 30, 2013, 04:06:22 PM
What the hell? Did I miss something?
just more millionaires who want out of bitcoin. Only way to do so is buy on gox, lolol. stupid whales.
we are crashing to single digits once fiat dries up.
sidenote: lol @ pathetic depth on bitstamp. This is the competition to Gox? lolol. It's sole purpose is clearly to cash out. not good sign of a healthy competitor.
... to get out you've got to sell somewhere else. Where are the dumps? Other exchanges are following not diverging. During whale-less days, BitStamp is seeing steady or slowly rising prices with > volume than Gox. If whales are selling slowly, we'd be seeing these exchanges fall. Bid depth too small, so whales wouldn't sell ANYTHING? That's silly...
Volume is low during downtrends, higher during uptrends.
Keep beating your drum, you might be able to buy your 5 coins back soon :-)
the poor whales CANT sell on alt-exchanges because they have no depth and would cause massive slippage. Whales would eat huge losses. Instead they cling to bitcoin hoping price keeps going up as other desperate whales buy on gox, eventually there might be enough depth on bitstamp so that loss is minimal (few percent). I think it is wishful thinking.
Fiat dries up, we rocket upward, then crash to unbelievable new lows. Single digits my friends.
I want Jaroslaw back, he isnt as scary
For real. This Walsoraj was supposed to be the BULL version. He looks quite apocalyptic now (though I kinda agree with him).
He's just a poor whale stranded on the Gox beach. It doesn't concern us little plankton fish.
August 30, 2013, 04:05:53 PM
die bulls, die. just die. 
August 30, 2013, 04:04:45 PM
dumps!
August 30, 2013, 04:02:04 PM
Jump to: