wouldnt you have expected some news from gox if everything was okay for tomorrow?
they would have given a "status update" just to let everyone that the 2 week estimate was still accurate.
i think the saying no news is bad news applies here.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32768. (Read 26469058 times)
July 03, 2013, 01:49:07 PM
July 03, 2013, 01:48:54 PM
I think people are betting on MTGox being competent tomorrow. What if they announce that they still haven't got their bank up to scratch and it will be another 2 weeks until you can withdraw?
No no, no chance of a bounce at all.
Bull traps always happen and often times quite violently, but deluded bulls will say it's the emergence of a new bull market because China Winklevoss Argentina Turkey Cyprus instead of selling. I won't make any efforts to predict them, and I'm not at all actively trading.No no, no chance of a bounce at all.
Thanks but once again, I'm looking for a good point to short with the lowest possible risk. Just dumping everything on the market right now might cause me to miss the bottom. Yes, I believe we are that close to it.
because....
by the way, I love how your picture is so perfectly in tune with your forum personality.
Shit... that is a picture of me on Galveston beach. What exactly are you trying to say here chief??
July 03, 2013, 01:46:25 PM
Yet it really seems that 81.87 will be possible bottom at this moment. But for how long? Again, just a few hours?
Exactly, if it is a "floor" with no buys coming through then I am not impressed. It seems like just another silence before the storm.
But again, we are on levels where we could bounce violently. But I don't feel like gambling...
July 03, 2013, 01:45:13 PM
Something doesn't seem right. Market depth is so heavily in favour of buy with 1k moving us down 1 dollar or up 5 dollars.
I'm holding, as usual
I'm holding, as usual
The question is, are those bid walls (or depth) real?
That is the hard thing. Looking at the depth I say "bullish" and then another sell of 500 goes through. I've wondered if it's the same people or parties...
July 03, 2013, 01:44:18 PM
I think people are betting on MTGox being competent tomorrow. What if they announce that they still haven't got their bank up to scratch and it will be another 2 weeks until you can withdraw?
No no, no chance of a bounce at all.
Bull traps always happen and often times quite violently, but deluded bulls will say it's the emergence of a new bull market because China Winklevoss Argentina Turkey Cyprus instead of selling. I won't make any efforts to predict them, and I'm not at all actively trading.No no, no chance of a bounce at all.
Thanks but once again, I'm looking for a good point to short with the lowest possible risk. Just dumping everything on the market right now might cause me to miss the bottom. Yes, I believe we are that close to it.
because....
by the way, I love how your picture is so perfectly in tune with your forum personality.
July 03, 2013, 01:44:11 PM
I found this little gem on reddit:
Quote
Not worth selling with current price.
July 03, 2013, 01:43:39 PM
Tried to withdraw 10000 usd a few days ago, support staff said I had to wait for at least 2 more weeks because they were having a long queue of requests to process. I doubt this problem will get resolved anytime soon.
July 03, 2013, 01:41:05 PM
I think people are betting on MTGox being competent tomorrow. What if they announce that they still haven't got their bank up to scratch and it will be another 2 weeks until you can withdraw?
No no, no chance of a bounce at all.
Bull traps always happen and often times quite violently, but deluded bulls will say it's the emergence of a new bull market because China Winklevoss Argentina Turkey Cyprus instead of selling. I won't make any efforts to predict them, and I'm not at all actively trading.No no, no chance of a bounce at all.
Thanks but once again, I'm looking for a good point to short with the lowest possible risk. Just dumping everything on the market right now might cause me to miss the bottom. Yes, I believe we are that close to it.
July 03, 2013, 01:39:22 PM
Yet it really seems that 81.87 will be possible bottom at this moment. But for how long? Again, just a few hours?
July 03, 2013, 01:39:00 PM
I think people are betting on MTGox being competent tomorrow. What if they announce that they still haven't got their bank up to scratch and it will be another 2 weeks until you can withdraw?
No no, no chance of a bounce at all.
Bull traps always happen and often times quite violently, but deluded bulls will say it's the emergence of a new bull market because China Winklevoss Argentina Turkey Cyprus instead of selling. I won't make any efforts to predict them, and I'm not at all actively trading. No no, no chance of a bounce at all.
July 03, 2013, 01:36:40 PM
In the mean time, I know most of you are in fiat right now so it is in your interest for me to sell my hoard.
Are people serious when they say this sort of stuff?Why not? If I sell, the price comes down more. If their message affects more people, it keeps bringing down the price. Something something butterfly effect.
Everyone wants to buy in at the bottom.
July 03, 2013, 01:35:38 PM
I think people are betting on MTGox being competent tomorrow. What if they announce that they still haven't got their bank up to scratch and it will be another 2 weeks until you can withdraw?
No no, no chance of a bounce at all.
No no, no chance of a bounce at all.
July 03, 2013, 01:35:16 PM
In the mean time, I know most of you are in fiat right now so it is in your interest for me to sell my hoard.
Are people serious when they say this sort of stuff?
July 03, 2013, 01:33:13 PM
Small bounce?
Mtgox just about has to. Bitstamp should fall quite a bit, though (I cant't see any reason why it should stay higher or even very close to mtgox).
Bid side on Bitstamp is actually still looking pretty strong. 5100 coins to 75, 2600 coins to 90. Waiting for a nice 1k sell to prime us for the 70s.
I know. Why do you think bitstamp is trading higher than mtgox at the first place!?
So I am doing the same as you - waiting for a nice big dump of at least 1000BTC before even thinking about trying to catch a bounce...
July 03, 2013, 01:31:34 PM
Something doesn't seem right. Market depth is so heavily in favour of buy with 1k moving us down 1 dollar or up 5 dollars.
I'm holding, as usual
I remember it was the same during the whole of the 2011 bear market.I'm holding, as usual
Cool story bro.
You realize most of us are just trying to prevent you from having the same pain we did?
no pain no gain. some people learn their lessons the hard way.
dooooooown sheee goeeeeeees.
July 03, 2013, 01:30:44 PM
Something doesn't seem right. Market depth is so heavily in favour of buy with 1k moving us down 1 dollar or up 5 dollars.
I'm holding, as usual
I remember it was the same during the whole of the 2011 bear market.I'm holding, as usual
Cool story bro.
Based on the depth, we are due a bounce. I may short some coins in there depending on how I feel about sentiment. In the mean time, I know most of you are in fiat right now so it is in your interest for me to sell my hoard.
July 03, 2013, 01:30:31 PM
Tomorrow is the two week mark for Gox USD withdraws isn't it.
July 03, 2013, 01:28:48 PM
Something doesn't seem right. Market depth is so heavily in favour of buy with 1k moving us down 1 dollar or up 5 dollars.
I'm holding, as usual
I remember it was the same during the whole of the 2011 bear market.I'm holding, as usual
Cool story bro.
You realize most of us are just trying to prevent you from having the same pain we did?
July 03, 2013, 01:28:13 PM
Something doesn't seem right. Market depth is so heavily in favour of buy with 1k moving us down 1 dollar or up 5 dollars.
I'm holding, as usual
I remember it was the same during the whole of the 2011 bear market.I'm holding, as usual
Cool story bro.
July 03, 2013, 01:28:08 PM
Something doesn't seem right. Market depth is so heavily in favour of buy with 1k moving us down 1 dollar or up 5 dollars.
I'm holding, as usual
I'm holding, as usual
Have you been watching the past few days? It's always been like this but the sells just keep coming. Don't be fooled like I was into believing we're going up just because of the order book. If we follow the pattern of the past week, we're going to bounce off of $80 and go up to around $84. That's the time to sell. Then, the next day we'll have another large selloff into the mid 70s.
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