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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33028. (Read 26695913 times)

legendary
Activity: 1442
Merit: 1000
Antifragile
May 31st, MtGox: 130-126 price range. You should have sold in May and gone away. Cheesy

And concerning any bounces caused by "huge smart money", have a look at this again:

How hard is it to believe that a good number of the whales are smart, savvy geeks like us who can see the incredible potential, but with just a fuck ton more cash? And they throw in a few % of their net worth to hold for the next few years... and everyone in the wall thread is like OH SHIT 10K BUY  haha


Smart money so clever! Smart money, trading against the trend. Cheesy
Do you really want to be a part of this "smart money"?

Missing it Blitz. All I see is some volume coming in on those highlighted days.
full member
Activity: 168
Merit: 100
It's crazy Sunday  Smiley


I wonder what will happen next...

Maybe what both those overbought indicators indicate.
member
Activity: 84
Merit: 10
Literally every other rally so far has been followed by little/no volume and then killed within a few hours by selloffs. Hard to believe this one would be different when coins sub $67 are so easily achievable by manipulation.
full member
Activity: 462
Merit: 101
A Top Web 3 Gaming Layer2 Provider
It's crazy Sunday  Smiley


I wonder what will happen next...
legendary
Activity: 2842
Merit: 1511
someone came in and bought a 5k?Huh
like crazy jump from 100 to 109 began ... Wink
lol, that would be fun. I better place some bids 5k under and asks 5K over. Cheesy
N12
donator
Activity: 1610
Merit: 1010
May 31st, MtGox: 130-126 price range. You should have sold in May and gone away. Cheesy

And concerning any bounces caused by "huge smart money", have a look at this again:

How hard is it to believe that a good number of the whales are smart, savvy geeks like us who can see the incredible potential, but with just a fuck ton more cash? And they throw in a few % of their net worth to hold for the next few years... and everyone in the wall thread is like OH SHIT 10K BUY  haha


Smart money so clever! Smart money, trading against the trend. Cheesy
Do you really want to be a part of this "smart money"?
full member
Activity: 462
Merit: 101
A Top Web 3 Gaming Layer2 Provider
someone came in and bought a 5k?Huh
like crazy jump from 100 to 109 began ... Wink
member
Activity: 93
Merit: 10
after the purchase of 8K B, it is still only 1K B less to 80 (25K)
sr. member
Activity: 437
Merit: 250
Looking back to the 2011 bubble and seeing a price of 31USD, that's still a bargain to buy then and hold.

All this shorting (now) is too risky and I'm glad what I did sell was over 100. Selling now seems almost as daft to me as buying at 200USD to try to "catch the top" and make a profit.

Good luck to all those "short term bears", I can see plenty of blood in the coming weeks.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
N12
donator
Activity: 1610
Merit: 1010
I love the smell of fresh Bitcoins hitting MtGox to extract some sweet, sweet FIAT MONEY.

legendary
Activity: 1288
Merit: 1000
Enabling the maximal migration
I can feel a Winkledump coming. Cheesy

BTW, how many coins do they have?
Over 100k, though in their SEC filing they propose to sell 200k BTC.

Very telling that no bounce is achieved even at current levels. Sorry to be the bearer of bad news, but bear with me: This thing needs to capitulate on incredible volume and a low <50 before we bottom out for good.

I'll have to bear with you, even if Ibought a little at $68ish to play lucifs game. He missed it in the past, but recently (2013) he have nailed it consistently, plus trading apart I find myself agreeing with him pretty much always when he comments about Bitcoin in general. He deserved it, but I think volume its been low and support weak, thus we are going to the $50s, sooner than in one  month.

Yeah, no. He was bearing it up all the way through the 20x increase, consistently and hilariously wrong until it started going into insano mode and then he switched to bull for a small amount of time. Thats a fail for 4 of 6 months this year.
legendary
Activity: 1148
Merit: 1018
I can feel a Winkledump coming. Cheesy

BTW, how many coins do they have?
Over 100k, though in their SEC filing they propose to sell 200k BTC.

Very telling that no bounce is achieved even at current levels. Sorry to be the bearer of bad news, but bear with me: This thing needs to capitulate on incredible volume and a low <50 before we bottom out for good.

I'll have to bear with you, even if Ibought a little at $68ish to play lucifs game. He missed it in the past, but recently (2013) he have nailed it consistently, plus trading apart I find myself agreeing with him pretty much always when he comments about Bitcoin in general. He deserved it, but I think volume its been low and support weak, thus we are going to the $50s, sooner than in one  month.
sr. member
Activity: 378
Merit: 250
Born to chew bubble gum and kick ass

This becomes more and more favorable.

Well, you know, my pictures are for entertainment only  Grin

Another entertaining picture of what MIGHT happen is below.

legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
member
Activity: 96
Merit: 10

This becomes more and more favorable. There are now 85k coins till 50 or 4.91M USD. Even Bitstamp has more coins till 50 now than to 90. I wish for another dip though. If those who are waiting for 50 realize the train already starts, they probably will give in and fuel the fire and we could see huge moves, but where might that point be right now to admit that? When we go past 75-80? Probably, but that would be quite far away from the target zone 50-55.

you could have postet this nice and good looking chart pretty much anytime in the past 2 weeks and it would only change the numbers on it.  Wink
legendary
Activity: 1106
Merit: 1026



This becomes more and more favorable. There are now 85k coins till 50 or 4.91M USD. Even Bitstamp has more coins till 50 now than to 90 [edit: but not enough USD, actually it's 50 - 80,xx]. I wish for another dip though. If those who are waiting for 50 realize the train already starts, they probably will give in and fuel the fire and we could see huge moves, but where might that point be right now to admit that? When we go past 75-80? Probably, but that would be quite far away from the target zone 50-55.
member
Activity: 96
Merit: 10
[...] go to a market that's actually trending up.


huh?  Huh
N12
donator
Activity: 1610
Merit: 1010
At current prices, over 14k BTC are required to even be a millionaire. The clever millionaires have done a stellar job extracting the USD out of the order book and into their pockets, and they are now free to go to a market that's actually trending up.

Don't worry though, there are still lots of people sitting on Bitcoins with tremendous profits and they're ticking time bombs. Plenty people can extract half a million in one go. Cheesy
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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