Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33059. (Read 26466218 times)
June 08, 2013, 02:30:32 PM
Has anyone else noticed, there have been no 'wall' graphics posted lately?
June 08, 2013, 02:07:03 PM
That's the problem of all those crying about the price going down, because it "hurts the coin". Come on... It's so obvious they bought during or just after the hype cycle, and they are scared and butthurt.
Or maybe they just have a sense of reality.I bought before the hype. It has to drop A LOT before i start losing money. I just have enough common sense to realize another drop below 100 *might* be very bad. I'm pretty sure many people will agree with me.
Going below $5 or $100 is as bad for me as it is for you. (The only thing good for the Bitcoin community is higher adoption)
The price is irrelevant (if it is to you you are focused on greed) we are the little mammals in age of the dinosaurs, before the mammals become dominant there're lots of winners and loses.
You just need to survive. (= hold at all costs)
June 08, 2013, 02:02:25 PM
guys, I'm a noob, where do you see these walls and stuff? thx
http://bitcoin.clarkmoody.com/
Welcome Tycoon! Congratulations on finding one of the most effective hedges against world financial collapse! The more the merrier!
June 08, 2013, 02:00:55 PM
June 08, 2013, 01:39:49 PM
TEAR DOWN THIS WALL!
June 08, 2013, 01:19:58 PM
Woohoo, action!
1k bought!
1k bought!
June 08, 2013, 01:19:44 PM
Good for you, those 105 to 106 walls look like an avalanche!!!!!
June 08, 2013, 01:04:34 PM
June 08, 2013, 01:04:07 PM
made a sale during the mini bounce to 109.xx, now those bid walls are pretty big, but I don't know if I trust it to bounce again up to 110-115 to make another sale. I wonder if it's just going to be a steady stream of small sales into the bids, occasionally pushed down by 3k walls.
June 08, 2013, 12:57:10 PM
3k wall removed now I can breath again...LOL
June 08, 2013, 12:50:03 PM
I think the weekends determines what happen for the week. So keep your ear to the ground to listen which way the stampede is coming but right now these walls are closing in on both sides and I am getting claustrophobic...LOL
June 08, 2013, 12:44:57 PM
Today prices are well buried under 110$, with quite no range.
I should admit this is surprising me, even with the low WE volume i was expecting price to be able to move in the 107-112 range.
I think that means the actual sentiment on BTC is almost totally negative.
It's not rare that situations like this lead to surprises (=short-term inversion).
What di you think about monday?
I should admit this is surprising me, even with the low WE volume i was expecting price to be able to move in the 107-112 range.
I think that means the actual sentiment on BTC is almost totally negative.
It's not rare that situations like this lead to surprises (=short-term inversion).
What di you think about monday?
June 08, 2013, 12:43:51 PM
3000 BTC ask wall just appeared at 108.50!!!!
June 08, 2013, 12:38:29 PM
Speculators and traders thrive on volatility. Volatility is not good for bitcoin. Lack of volatility causes speculators to exit. Speculators exiting causes price to drop. Could be a good sign for the long-term health of bitcoin (I won't say "bullish").
Bitcoin needs to build fundamentals. That is what will drive its success.
Bitcoin needs to build fundamentals. That is what will drive its success.
I agree about the fundamentals, but not in whole about the role of speculators. Having a number of them there who are prepared to risk their own capital to provide liquidity is not such a bad thing.
June 08, 2013, 12:30:17 PM
Even with the wall there (105-106), the distance to it (bitcoin number) has nearly halved.
June 08, 2013, 12:13:09 PM
Speculators and traders thrive on volatility. Volatility is not good for bitcoin. Lack of volatility causes speculators to exit. Speculators exiting causes price to drop. Could be a good sign for the long-term health of bitcoin (I won't say "bullish").
Bitcoin needs to build fundamentals. That is what will drive its success.
Bitcoin needs to build fundamentals. That is what will drive its success.
-> Lack of volatility
-> Speculators exit
-> Price drop
-> Noobs AND speculators buy
-> Price rise
-> Speculators sell
-> Price drop
-> etc
June 08, 2013, 12:06:30 PM
June 08, 2013, 11:51:43 AM
Speculators and traders thrive on volatility. Volatility is not good for bitcoin. Lack of volatility causes speculators to exit. Speculators exiting causes price to drop. Could be a good sign for the long-term health of bitcoin (I won't say "bullish").
Bitcoin needs to build fundamentals. That is what will drive its success.
Bitcoin needs to build fundamentals. That is what will drive its success.
June 08, 2013, 11:31:22 AM
That's the problem of all those crying about the price going down, because it "hurts the coin". Come on... It's so obvious they bought during or just after the hype cycle, and they are scared and butthurt.
Or maybe they just have a sense of reality.
I bought before the hype. It has to drop A LOT before i start losing money. I just have enough common sense to realize another drop below 100 *might* be very bad. I'm pretty sure many people will agree with me.
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