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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33052. (Read 26630474 times)

member
Activity: 93
Merit: 10
im ready



you are still in the denail fase, will you get burnd Wink
member
Activity: 84
Merit: 10
42K BTC to break 60 on the bid side.

No buying pressure even in low 70s makes it hard to want to buy at 65 though.
member
Activity: 84
Merit: 10
supernode
legendary
Activity: 896
Merit: 1000
Bitstamp is taking a bit of a nosedive ... back to $72

@ IAS - Yes yoda just told me to trim my position a bit and go sit in the sun Cheesy - sometimes you have to make a small sacrifice to get what you want !

@ Ultraviolet - I hear you, and would certainly not be going long here, but the risk of spike to $xx before we break $70 is ... apparently decreasing as I write ! I was going to say, quite significant lol

You can thank me for buying back a bit of my short  Wink

1000 BTC wall at $71 on Bitstamp seems to have been gobbled up... or at least shuffled/spread a bit!

They either sold it into the 71.0001 wall [they had ask at 71.0004  Roll Eyes] or otherwise tried to make others sell into the 71.0001 wall. And succeeded. The wall was not eaten, thats for sure.
full member
Activity: 168
Merit: 100
Bitstamp is taking a bit of a nosedive ... back to $72

@ IAS - Yes yoda just told me to trim my position a bit and go sit in the sun Cheesy - sometimes you have to make a small sacrifice to get what you want !

@ Ultraviolet - I hear you, and would certainly not be going long here, but the risk of spike to $xx before we break $70 is ... apparently decreasing as I write ! I was going to say, quite significant lol

You can thank me for buying back a bit of my short  Wink

1000 BTC wall at $71 on Bitstamp seems to have been gobbled up... or at least shuffled/spread a bit!
legendary
Activity: 1246
Merit: 1000
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
member
Activity: 84
Merit: 10
supernode
hero member
Activity: 742
Merit: 500
Circle gets the Square
Shlould I press that button ?

Yes please

Just so to make it clear this is not him Tongue

What's the difference?
I don't care - him or not. I see that we'll be at $50 very soon

it makes big different , so people dont get greedy when he speaks up



Here's your button, Jaroslaw

sr. member
Activity: 398
Merit: 250
member
Activity: 93
Merit: 10
Shlould I press that button ?

Yes please

Just so to make it clear this is not him Tongue

What's the difference?
I don't care - him or not. I see that we'll be at $50 very soon

it makes big different , so people dont get greedy when he speaks up
hero member
Activity: 518
Merit: 500
Shlould I press that button ?

Yes please

Just so to make it clear this is not him Tongue

What's the difference?
I don't care - him or not. I see that we'll be at $50 very soon
member
Activity: 84
Merit: 10
supernode
Shlould I press that button ?

Yes please

Just so to make it clear this is not him Tongue

So what im some witcher and know when people will dump ? Cheesy
member
Activity: 84
Merit: 10
supernode
i will dump 7k btc

you freak, why would you sell when btc is at its lowest for ages.



because it will be 50$ soon
member
Activity: 93
Merit: 10
hero member
Activity: 518
Merit: 500
member
Activity: 84
Merit: 10
supernode
Shlould I press that button ?

member
Activity: 93
Merit: 10
the 5K on 70 is only 3,8k now thats for me showing that people are thinking it will go lower , and it will.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
member
Activity: 84
Merit: 10
I would be cautious of thinking we're "holding up" here. Volume has been atrocious even in the 70s. The first time there was real buying pressure after the drop to 90 was after 71, and that was only for 3-4 hours yesterday before it got shit on hard after touching 84, followed by no-volume all day.

If it stagnates in low 70s you can pretty much set your watch to dumps. If it falls into the 60s, real panic could set in, and 50 may end up being a monster bull trap.

The market is not the same as it was in April when it touched 50. Both demand and buyer confidence have diminished enormously since May. On top of that is Gox losing market share and so many people cashing out that Gox had to find new banks to process the volume.

Long term, though, you can buy anywhere right now and just hold and make a fortune. 60s seem inevitable right now though. It's just a question of how violent the red candles are going to be because of the psychological factors involved when 71 falls and the buys still don't come in.
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