Isn't this still just the ASIC manufacturers selling off their coin. They can't allow it to drop too low or they'll kill their profit margin.
No, it isn't, but thanks for asking.ASIC miners are all pure hearts
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32685. (Read 26469834 times)
July 09, 2013, 01:39:32 PM
ASIC miners are all pure hearts
July 09, 2013, 01:35:25 PM
Isn't this still just the ASIC manufacturers selling off their coin. They can't allow it to drop too low or they'll kill their profit margin.
No, it isn't, but thanks for asking.
July 09, 2013, 01:34:11 PM
Isn't this still just the ASIC manufacturers selling off their coin. They can't allow it to drop too low or they'll kill their profit margin.
No, it isn't, but thanks for asking. July 09, 2013, 01:33:37 PM
someone clearly needed some fiat fast.
could be speculation by whales or some miners in need of cash without hurting market too much.
price was propped up good before to avoid slippage after the selloff.
without that we would have went down quite hard.
i'd tip miners...but that's just me talking
could be speculation by whales or some miners in need of cash without hurting market too much.
price was propped up good before to avoid slippage after the selloff.
without that we would have went down quite hard.
i'd tip miners...but that's just me talking
July 09, 2013, 01:27:40 PM
We are going down today :p
July 09, 2013, 01:26:45 PM
Flashing walls is sonar messaging to other whales:
* prof7bit going to implement a chat protocol to communicate via mtgox limit orders and publish it as a goxtool strategy module.
July 09, 2013, 01:25:37 PM
absolutely no idea which way the price is going to go
July 09, 2013, 01:22:32 PM
Actually surprised the wall at 75 lasted that long. If anyone had any doubts on which direction the market is going, that should have ended it.
Looks like it - heading down.
So we now have the previous bid wall owner who has lots of Bitcoin he probably doesn't want to keep too long.
Exactly. He knew that was going to get obliterated if he left it. Now's a good time to insert that Will Farell clip. "I immediately regret this decision."
Edit: I actually misread your post. You're right though...60's are coming soon.
July 09, 2013, 01:21:43 PM
That bid wall got eaten in minutes....thats why if i was a whale I would be deathly afraid of trying to manipulate prices upwards with a bid wall near market price. The risk of them getting eaten is ridiculously high right now
I remember when the same thing happened with a 3k wall at $108 when it was on its way down from the $115 spike after Gox announced the hiatus on USD withdraws. A few hours after that wall got sold into the price never came back up.
July 09, 2013, 01:21:16 PM
And we are back bellow 75 
July 09, 2013, 01:19:32 PM
Actually surprised the wall at 75 lasted that long. If anyone had any doubts on which direction the market is going, that should have ended it.
Looks like it - heading down.
So we now have the previous bid wall owner who has lots of Bitcoin he probably doesn't want to keep too long.
July 09, 2013, 01:17:56 PM
Big news for Germany!
https://www.bitcoin.de/de
They teamed up with a German bank and will announce the name of that bank tomorrow. Contract is signed now.
I guess they turn into a full blown exchange soon instead of their current state as "Bitcoin eBay".
Quote
Die vielen Monate der Vorbereitung scheinen sich gelohnt zu haben... Denn: wir durften endlich den Vertrag mit unserem Bank-Partner unterschreiben! :-) Voraussichtlich am Mittwoch Nachmittag dürfen wir erzählen wer unser Bankpartner werden wird. Erfreuliche Neuigkeiten: es wird nun wohl doch KEINE Handelspause für unsere ausländischen Kunden geben. Weitere Infos zur Kooperation kommen am Mittwoch im Laufe des Tages!
https://www.bitcoin.de/de
They teamed up with a German bank and will announce the name of that bank tomorrow. Contract is signed now.
I guess they turn into a full blown exchange soon instead of their current state as "Bitcoin eBay".
Great news! Would still be nice if they keep the old option open as it is a nice failsafe should the bank pull out.
July 09, 2013, 01:17:30 PM
Actually surprised the wall at 75 lasted that long. Too tempting with low slippage. If anyone had any doubts on which direction the market is going, that should have ended it.
July 09, 2013, 01:17:21 PM
That bid wall got eaten in minutes....thats why if i was a whale I would be deathly afraid of trying to manipulate prices upwards with a bid wall near market price. The risk of them getting eaten is ridiculously high right now
July 09, 2013, 01:17:08 PM
Big news for Germany!
https://www.bitcoin.de/de
They teamed up with a German bank and will announce the name of that bank tomorrow. Contract is signed now.
I guess they turn into a full blown exchange soon instead of their current state as "Bitcoin eBay".
Quote
Die vielen Monate der Vorbereitung scheinen sich gelohnt zu haben... Denn: wir durften endlich den Vertrag mit unserem Bank-Partner unterschreiben! :-) Voraussichtlich am Mittwoch Nachmittag dürfen wir erzählen wer unser Bankpartner werden wird. Erfreuliche Neuigkeiten: es wird nun wohl doch KEINE Handelspause für unsere ausländischen Kunden geben. Weitere Infos zur Kooperation kommen am Mittwoch im Laufe des Tages!
https://www.bitcoin.de/de
They teamed up with a German bank and will announce the name of that bank tomorrow. Contract is signed now.
I guess they turn into a full blown exchange soon instead of their current state as "Bitcoin eBay".
Bitcoin Central is coming back soon as well.
July 09, 2013, 01:16:41 PM
The problem with buying right now is that wall at $80 was tested and was neither bought through nor was it pulled. Market is too scared of dumps for real upward movement. Plus, if you ship the price back to $90 how are you ever going to trigger fear and capitulation and collection tens and tens of thousands of coins sub $50-40-30?
Agreed and well said.
July 09, 2013, 01:15:55 PM
And there goes a sell of around 1500 or so...
July 09, 2013, 01:15:40 PM
Big news for Germany!
https://www.bitcoin.de/de
They teamed up with a German bank and will announce the name of that bank tomorrow. Contract is signed already.
I guess they turn into a full blown exchange soon instead of their current state as "Bitcoin eBay".
Quote
Die vielen Monate der Vorbereitung scheinen sich gelohnt zu haben... Denn: wir durften endlich den Vertrag mit unserem Bank-Partner unterschreiben! :-) Voraussichtlich am Mittwoch Nachmittag dürfen wir erzählen wer unser Bankpartner werden wird. Erfreuliche Neuigkeiten: es wird nun wohl doch KEINE Handelspause für unsere ausländischen Kunden geben. Weitere Infos zur Kooperation kommen am Mittwoch im Laufe des Tages!
https://www.bitcoin.de/de
They teamed up with a German bank and will announce the name of that bank tomorrow. Contract is signed already.
I guess they turn into a full blown exchange soon instead of their current state as "Bitcoin eBay".
July 09, 2013, 01:15:34 PM
WOW instantly eating, nice work whoever that was
July 09, 2013, 01:15:19 PM
NVM tons of sell market orders lol.
Jump to: