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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32528. (Read 26608936 times)

member
Activity: 98
Merit: 10
Gain more btc! https://satoshicircle.com/?aid=1718
this is just a quick short drop before we go up to 150, then 165 after
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
Thats what Chart Buddy would be good for. Sadly someone banned him from this thread..
Now we cant verify this claim by looking up month old order book depth!
Is there some place chart buddies output can be looked up?
I'd love to see ChartBuddy back.

It seems that www.rtcons.com (ChartBuddy) was cut off by NFSN (his ISP). Maybe it was a matter of costing too much to offer a free service. Perhaps if enough people donated a few million satoshis each he'd put it back up.

When Blitz banned him he made it clear that it was only because of the snafu and that the door was open for a return.

ChartBuddy (Richy_T?) are you reading this?

Chartbuddy is back up-and-running (has been for a while) but still banned.
hero member
Activity: 841
Merit: 1000
Don't worry ladies, just some guy(s) pushing the price down to buy in lower or let friends buy in low before the Bitcoin mania starts again. Be patient and just hold.
legendary
Activity: 2170
Merit: 1094
A drop is highly probable, but I doubt it will be a large one (larger than 8$) today. The timing would be wrong IMO.
If however a large drop happens today or tomorrow, I'll have to reconsider my analysis of the last month.
sr. member
Activity: 462
Merit: 250
Hmm, if $140 falls, does the selling stop, or some minor panic begin? This price drop seems to have a lot more momentum than the previous falls thru $140.


It hasn't fallen through $140, not yet anyway.

I suspect it will fall low enough to make the asks fill in the $140-$143 range before a whale buys it right up to whatever price he deems enough.

I disagree, with withdrawals coming back, a seller will do his best to sell his BTC for a lot of Gox USD, and withdraw it, or cash it back. Gox is only high while people can't withdraw.
legendary
Activity: 896
Merit: 1000
legendary
Activity: 2324
Merit: 1125
legendary
Activity: 2097
Merit: 1070
Hmm, if $140 falls, does the selling stop, or some minor panic begin? This price drop seems to have a lot more momentum than the previous falls thru $140.


It hasn't fallen through $140, not yet anyway.

I suspect it will fall low enough to make the asks fill in the $140-$143 range before a whale buys it right up to whatever price he deems enough.
sr. member
Activity: 280
Merit: 250
Correction incoming.

legendary
Activity: 896
Merit: 1000
Hmm, if $140 falls, does the selling stop, or some minor panic begin? This price drop seems to have a lot more momentum than the previous falls thru $140.
legendary
Activity: 1036
Merit: 1000
Definitely a good thing for Gox to bleed market share, as long as they get their act together fairly soon. 30% Gox, 30% Bitstamp, 40% others would be a more robust infrastructure.
full member
Activity: 238
Merit: 100
It's very good that gox is losing its leading position.

It seems that the price is dropping at gox, how low will it drop?
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
when there is enough resistance on bitstamp, price goes down on mtgox.

when mtgox price goes up considerably, someone dumps on bitstamp.

bottom line: mtgox is useless.

ya its really to bad mtgox is having some difficulty.
they seem confident they can sort it out.
meanwhile their slowly bleeding market shares...

in a way this maybe a good thing
hero member
Activity: 811
Merit: 1000
Web Developer
LMAO at the intense volatility , while i was sleeping.

more or less what i was dreaming about...

Gooood show! Grin

Go back to bed, we need more volume.
legendary
Activity: 1232
Merit: 1011
when there is enough resistance on bitstamp, price goes down on mtgox.

when mtgox price goes up considerably, someone dumps on bitstamp.

bottom line: mtgox is useless.
legendary
Activity: 1064
Merit: 1000
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
LMAO at the intense volatility , while i was sleeping.

more or less what i was dreaming about...

Gooood show! Grin
legendary
Activity: 1232
Merit: 1011
Last60minutes.com(TM):

1-2 sellers sold about 1kBTC in Bitstamp, crashing the price from 125.5 to 122.8. On the buying side I noticed one bot was purchasing in 5 and 10BTC chunks, at market price. After the selling ended, the price rebounded to about 125, leaving the orderbook very thin around the market price (about 4% spread between 500BTC bid/ask depth).


stupid bot is following mtgox price.
legendary
Activity: 1666
Merit: 1010
he who has the gold makes the rules
how about going with the simplest and most plausible explanation.

some people have money stuck on gox, have to pay some bills and were not able to get a large wire out, thus they bought btc on gox, sent it to bitstamp and are dumping so they have some cash to pay their bills.  Or to pay a bill/invoice from a merchant that uses bitstamp or one of the party payment providers that use bitstamp

LOL, the people fleeing from MtGox because they're about to 'go bankrupt' sold their BTC and left months ago.

i never referred to those people, i said people who had money on gox who needed to pay their end of month invoices....  while not mutually exclusive they are also not the same...

This situation has been ongoing for multiple months now.

yes and there is a run up ever last week of the month and then the price falls... wonder why...   Roll Eyes
legendary
Activity: 2097
Merit: 1070
how about going with the simplest and most plausible explanation.

some people have money stuck on gox, have to pay some bills and were not able to get a large wire out, thus they bought btc on gox, sent it to bitstamp and are dumping so they have some cash to pay their bills.  Or to pay a bill/invoice from a merchant that uses bitstamp or one of the party payment providers that use bitstamp

LOL, the people fleeing from MtGox because they're about to 'go bankrupt' sold their BTC and left months ago.

i never referred to those people, i said people who had money on gox who needed to pay their end of month invoices....  while not mutually exclusive they are also not the same...

This situation has been ongoing for multiple months now.
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