Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32669. (Read 26469997 times)

I got out at the next bump, just below 110. I was very close to exiting at 130 but I was a bit blind still then. Now I still see the short to mid term trend as down but this is a small market so I'm not locked in to my "beliefs". No matter how you play it there is some big money in a very small market, so any of us can get burned. At least we are sitting above and looking for an entry. I hope it stays that way for a while, as I'd hate to be looking up...

Yes, that market order (as this one) just has manipulation written on it, but in a sense the buyer is supporting themselves by being a bit "careless". But thus far, no rally has ensued. We'll see how it pans out though as BTC has these moments of silence, tick tock tick tock...

wtf is going on?

The effect of that single green candle is gone already. Wake me up in about 2 weeks 

And now the FUD for bears...

Will it really go down?

Perhaps it was the last chance to get cheap coins...
You know that everyone (that matters, money wise) was waiting for cheap coinz.   

Shhh..let the bears stay blind.

 

Yes thats my mind to, bad thing that i have to sleep now im all out so no loss but maby miss the rally. But in my mind i always feel that it was not the bottom .

I'm doin' everything i can. USD cannons are starting to limp a bit. need assistance.

Hell, what do I know. I've been sitting on the sidelines in USD since we were at 130.

Been to chicken to re-enter since.

Regardless, this guy reminds me a lot of the 95-110 market order. Temporarily confused the market... then.. we fell. Not that it will happen again, necessarily.

I'm from Slovenia and this is what I think and know: there are approximately two types of banks here, foreign franchise banks (Unicredit, Sberbank, Hypo Bank...) and the other group, which comprises of banks either state-owned (NLB, NKBM, Factor Banka, ), either bought by managers, tycoon-style (Probanka). The first group runs pretty well. And Bitstamp has its account at Unicredit bank, which stands quite well for slovenian standards, perhaps best of them all. But the second group, representing perhaps 75% (this is without checking but I think I'm right) of slovenian banking sector, has found itself drowning in bad real-estate loans. And the government is at this time trying to fill up a hole with depth of the Baikal lake with a teaspoon.

Like most european countries, we also have this institute, called the Bank of Slovenia, and all the banks in the state are its members. So when one of the banks loses its steam, that institute makes sure that business on the failed bank goes on and steps in with its capital if necessary. The problem is - what if 75% of the banking sector fails? What does that mean for surviving (mostly foreign franchise) banks? I don't really know. Would that hurt Unicredit, which at least now performs quite ok?

What would happen if we would face the Cyprus-type haircuts? I think Bitstamp needs to seek out some other banks. But I think they're working on that, perhaps have it ready.

We're on the epic road back to triple digits.

I think we are getting to a critical level, resistance wise. Mid to upper 80's. If we can get through that, then things get interesting more interesting.

You have to turn the sound on (Clark moody or http://trading.i286.org/) - Really adds to the excitement, especially the former imo. Just set the "beep" level to about 10...

Someone thinks that the real crash coming now ?

Look at that cheap USD

this is way better than tv

Red bar = negative balance
Green bar = positive balance

Height represent the trading volume

Yeah, it is certainly manipulation. Where do you see them wanting to take us?

My guess is just a little higher before a dump to break many a heart.

Yeah, but the bounce from 65 to 78 was more organic.

Sucker's rallies dont generally include million dollar market orders. With bidwall backing. And those asks? They arent refilling.

The bids? Still up. Well over 11 million now.