Topic: Wall Observer BTC/USD - Bitcoin price movement tracking &amp; discussion - page 32954. (Read 26467268 times)

Quote from: Frozenlock on June 15, 2013, 01:22:42 PM

What an incredible rally this was. Moved back to $104 with a powerful volume of ~5k coins.

I can feel the bullish market. Roll Eyes

A good effort by whoever tried but it failed. Down we go.

Pretty big wall at $96.01, $1M in total. And its money that it was just added to the order book (check blockchained chart), not money already present in it that consolidated at that point.

Interesting times. Much more interesting than in 2011 I'd say.

Walls in bitcoin world have a peculiar tendency to disappear

Still good, it gives us a ballpark of what money people have on the sidelines. Sure, some is manipulation by sellers, but most are real.

Rampion

legendary

Activity: 1148

Merit: 1018

Quote from: samson on June 15, 2013, 01:36:51 PM

Quote from: lucas.sev on June 15, 2013, 01:35:24 PM

Quote from: Frozenlock on June 15, 2013, 01:22:42 PM

What an incredible rally this was. Moved back to $104 with a powerful volume of ~5k coins.

I can feel the bullish market. Roll Eyes

A good effort by whoever tried but it failed. Down we go.

Pretty big wall at $96.01, $1M in total. And its money that it was just added to the order book (check blockchained chart), not money already present in it that consolidated at that point.

Interesting times. Much more interesting than in 2011 I'd say.

Walls in bitcoin world have a peculiar tendency to disappear

Yes, looks like it's gone already

I still see $1.03M at $96. And $1M of "new" money was added today to the order book. To give some context, that amount is the total fiat sitting at Bitstamps order book.

It may be a "fake" wall, but lately we have not seen many of those. We'll see. Interesting times nevertheless.

sarc

member

Activity: 98

Merit: 10

Quote from: Miz4r on June 15, 2013, 01:19:54 PM

Quote from: sarc on June 15, 2013, 01:16:36 PM

A few lines of evidence say it's coming, nothing but blind hope to say it's not, I say : Baaaaa

Evidence? LOL. You only have blind hope yourself. We'll see, you keep your fiat and I'll keep my coins.

We define evidence and hope differently, a few of the highlights:

Quote from: sarc on June 08, 2013, 05:33:29 AM

Quote from: sarc on June 13, 2013, 06:50:13 AM

2 month volume chart:

nothing to see here.

Quote from: sarc on June 14, 2013, 05:53:41 AM

updated chart, dashed line is extrapolated - in case you missed it, the price is still going down...

lucas.sev

sr. member

Activity: 252

Merit: 250

Quote from: samson on June 15, 2013, 01:36:51 PM

Quote from: lucas.sev on June 15, 2013, 01:35:24 PM

Quote from: Frozenlock on June 15, 2013, 01:22:42 PM

What an incredible rally this was. Moved back to $104 with a powerful volume of ~5k coins.

I can feel the bullish market. Roll Eyes

A good effort by whoever tried but it failed. Down we go.

Pretty big wall at $96.01, $1M in total. And its money that it was just added to the order book (check blockchained chart), not money already present in it that consolidated at that point.

Interesting times. Much more interesting than in 2011 I'd say.

Walls in bitcoin world have a peculiar tendency to disappear

Yes, looks like it's gone already

I really liked the 16k wall at 95. It appeared and then 30 seconds later a buy was executed that took us to 110

samson

legendary

Activity: 2097

Merit: 1070

Quote from: lucas.sev on June 15, 2013, 01:35:24 PM

Quote from: Frozenlock on June 15, 2013, 01:22:42 PM

What an incredible rally this was. Moved back to $104 with a powerful volume of ~5k coins.

I can feel the bullish market. Roll Eyes

A good effort by whoever tried but it failed. Down we go.

Pretty big wall at $96.01, $1M in total. And its money that it was just added to the order book (check blockchained chart), not money already present in it that consolidated at that point.

Interesting times. Much more interesting than in 2011 I'd say.

Walls in bitcoin world have a peculiar tendency to disappear

Yes, looks like it's gone already

lucas.sev

sr. member

Activity: 252

Merit: 250

Quote from: Frozenlock on June 15, 2013, 01:22:42 PM

What an incredible rally this was. Moved back to $104 with a powerful volume of ~5k coins.

I can feel the bullish market. Roll Eyes

A good effort by whoever tried but it failed. Down we go.

Pretty big wall at $96.01, $1M in total. And its money that it was just added to the order book (check blockchained chart), not money already present in it that consolidated at that point.

Interesting times. Much more interesting than in 2011 I'd say.

Walls in bitcoin world have a peculiar tendency to disappear

Rampion

legendary

Activity: 1148

Merit: 1018

Quote from: Frozenlock on June 15, 2013, 01:22:42 PM

What an incredible rally this was. Moved back to $104 with a powerful volume of ~5k coins.

I can feel the bullish market. Roll Eyes

A good effort by whoever tried but it failed. Down we go.

Pretty big wall at $96.01, $1M in total. And its money that it was just added to the order book (check blockchained chart), not money already present in it that consolidated at that point.

Interesting times. Much more interesting than in 2011 I'd say.

BitPirate

full member

Activity: 238

Merit: 100

RMBTB.com: The secure BTC:CNY exchange. 0% fee!

Quote from: adamstgBit on June 15, 2013, 12:22:04 PM

you're a bear now Huh

wtf did they do? Cry

lol

MtGox can do wire transfer to anywhere in the world including US

people are selling because they are scared

And so they should be, because of the size of the post-bubble correction coming.

In the words of the inimitable George Bush Jnr "fool me once, shame on me, fool me twice....doh!" Cheesy

Or perhaps you should be greedy when others are fearful. Wink

I will sell some of my coins when I see an opportunity I can't miss, but I'm not following the sheep mentality and help this 'crash' become a self-fulfilling prophecy just because some people believe it has to go just like in 2011 and want to convince everyone to sell just so they can get cheap coins themselves. Bitcoin doesn't care what anyone wants.

This. This group has rapidly turned into bear circle-jerk.

The reality is, we're over 60% down from our all-time high, our exchange footprint is increasing, the regulatory situation looks clearer and better than a month ago, and there is buying pressure despite attempted manipulation by dumpers. Now is, for all intents and purposes, a fantastic entry point.

samson

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Activity: 2097

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Quote from: Frozenlock on June 15, 2013, 01:22:42 PM

What an incredible rally this was. Moved back to $104 with a powerful volume of ~5k coins.

I can feel the bullish market. Roll Eyes

A good effort by whoever tried but it failed. Down we go.

Frozenlock

sr. member

Activity: 434

Merit: 250

What an incredible rally this was. Moved back to $104 with a powerful volume of ~5k coins.

I can feel the bullish market. Roll Eyes

Miz4r

legendary

Activity: 1246

Merit: 1000

Quote from: sarc on June 15, 2013, 01:16:36 PM

A few lines of evidence say it's coming, nothing but blind hope to say it's not, I say : Baaaaa

Evidence? LOL. You only have blind hope yourself. We'll see, you keep your fiat and I'll keep my coins.

wachtwoord

legendary

Activity: 2324

Merit: 1125

Quote from: sarc on June 15, 2013, 01:16:36 PM

A few lines of evidence say it's coming, nothing but blind hope to say it's not, I say : Baaaaa

"Correction is coming there's a panic int he air" - The Proudhon song Wink

sarc

member

Activity: 98

Merit: 10

Quote from: wachtwoord on June 15, 2013, 01:16:14 PM

Quote from: adamstgBit on June 15, 2013, 12:22:04 PM

you're a bear now Huh

wtf did they do? Cry

lol

MtGox can do wire transfer to anywhere in the world including US

people are selling because they are scared

And so they should be, because of the size of the post-bubble correction coming.

In the words of the inimitable George Bush Jnr "fool me once, shame on me, fool me twice....doh!" Cheesy

Or perhaps you should be greedy when others are fearful. Wink

I will sell some of my coins when I see an opportunity I can't miss, but I'm not following the sheep mentality and help this 'crash' become a self-fulfilling prophecy just because some people believe it has to go just like in 2011 and want to convince everyone to sell just so they can get cheap coins themselves. Bitcoin doesn't care what anyone wants.

Who the believe? The one quoting the oracle of Omaha or the one quoting George Bush .... Wink

That's unfair, George Bush has provided us with some of the best quotes in history... Cheesy

sarc

member

Activity: 98

Merit: 10

Quote from: adamstgBit on June 15, 2013, 12:22:04 PM

you're a bear now Huh

wtf did they do? Cry

lol

MtGox can do wire transfer to anywhere in the world including US

people are selling because they are scared

And so they should be, because of the size of the post-bubble correction coming.

In the words of the inimitable George Bush Jnr "fool me once, shame on me, fool me twice....doh!" Cheesy

Or perhaps you should be greedy when others are fearful. Wink

I will sell some of my coins when I see an opportunity I can't miss, but I'm not following the sheep mentality and help this 'crash' become a self-fulfilling prophecy just because some people believe it has to go just like in 2011 and want to convince everyone to sell just so they can get cheap coins themselves. Bitcoin doesn't care what anyone wants.

A few lines of evidence say it's coming, nothing but blind hope to say it's not, I say : Baaaaa

wachtwoord

legendary

Activity: 2324

Merit: 1125

Quote from: adamstgBit on June 15, 2013, 12:22:04 PM

you're a bear now Huh

wtf did they do? Cry

lol

MtGox can do wire transfer to anywhere in the world including US

people are selling because they are scared

And so they should be, because of the size of the post-bubble correction coming.

In the words of the inimitable George Bush Jnr "fool me once, shame on me, fool me twice....doh!" Cheesy

Or perhaps you should be greedy when others are fearful. Wink

I will sell some of my coins when I see an opportunity I can't miss, but I'm not following the sheep mentality and help this 'crash' become a self-fulfilling prophecy just because some people believe it has to go just like in 2011 and want to convince everyone to sell just so they can get cheap coins themselves. Bitcoin doesn't care what anyone wants.

Who the believe? The one quoting the oracle of Omaha or the one quoting George Bush .... Wink

Miz4r

legendary

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