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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33085. (Read 26496913 times)

legendary
Activity: 1428
Merit: 1000
who wants to buy 4k coins at 108 when the price is surely going down afterwards...

Who wants to sell at 108 when people just demonstrated they were willing to pay 113?

Its a strategy biting in that wall hoping to buy back lower. when panic stops at 106.5 , they will bid again around 105, now hoping..
full member
Activity: 238
Merit: 100
RMBTB.com: The secure BTC:CNY exchange. 0% fee!
who wants to buy 4k coins at 108 when the price is surely going down afterwards...

Who wants to sell at 108 when people just demonstrated they were willing to pay 113?

I did. I knew the price would have momentum after the 108.5 wall was toast. After buying in at 100, it's a healthy profit. Didn't sell all my coins either

Oh, hence the "there will be panic" remark.

See you back at 113 tomorrow...
member
Activity: 84
Merit: 10
Let them sell, this rally has just started. They are the ones missing out in the end. Wink

When there's utterly zero volume at 98-101, this is no rally. The only place a rally can come from in this no-volume market is from whales manipulating the market with large buy orders. This isn't like it was in March-April-early May where Gox had millions a week being wired to it and the market had natural buying pressure from a large variety of players. Most of the newcomers lost their shirts to the whales buying at 200+ during the bubble and 150+ in the ripple immediately after.

As speculators, people should be thinking about how to make money from the manipulation without feeding the whales. Thinking that this is a true valuation of BTC is utterly foolish in my opinion.
member
Activity: 98
Merit: 10
who wants to buy 4k coins at 108 when the price is surely going down afterwards...

Who wants to sell at 108 when people just demonstrated they were willing to pay 113?

I did. I knew the price would have momentum after the 108.5 wall was toast. After buying in at 100, it's a healthy profit. Didn't sell all my coins either
legendary
Activity: 1246
Merit: 1000
Look at it this way, that whale caught a lot of coins from weak hands or small profit takers. He will not want to sell his coins at 108.5 again, he probably expects the price to go up to 120-130 at which point we can expect another big dump. Smiley
full member
Activity: 238
Merit: 100
RMBTB.com: The secure BTC:CNY exchange. 0% fee!
who wants to buy 4k coins at 108 when the price is surely going down afterwards...

Who wants to sell at 108 when people just demonstrated they were willing to pay 113?
hero member
Activity: 672
Merit: 500
What a surprise. When we go up someone will make sure we go down again. Because letting Bitcoin getting worth more is out of the question!

Let them sell, this rally has just started. They are the ones missing out in the end. Wink

I sure hope so. I'm so tired of all this dumping the last few weeks.
legendary
Activity: 1246
Merit: 1000
What a surprise. When we go up someone will make sure we go down again. Because letting Bitcoin getting worth more is out of the question!

Let them sell, this rally has just started. They are the ones missing out in the end. Wink
hero member
Activity: 504
Merit: 500
who wants to buy 4k coins at 108 when the price is surely going down afterwards...
member
Activity: 98
Merit: 10
Wall gone, there is going to be a panic.
legendary
Activity: 1552
Merit: 1047
At least the wall was real. That's kind of bullish  Wink
hero member
Activity: 518
Merit: 500
the wall has been fucked
hero member
Activity: 672
Merit: 500
What a surprise. When we go up someone will make sure we go down again. Because letting Bitcoin getting worth more is out of the question!
member
Activity: 84
Merit: 10
supernode
Dont thanks me for destroin this wall Smiley Have a nice day bulls Cheesy
KS
sr. member
Activity: 448
Merit: 250
legendary
Activity: 1552
Merit: 1047
Sold a little into the wall, he he, looks like we're gonna profit from that.
member
Activity: 93
Merit: 10
Now is the time for last profit before we go down
legendary
Activity: 1246
Merit: 1000
The whale is getting fed and he likes it. Wonder what happens next... possibly going down to 106-107 before retesting 110-112 again.
KS
sr. member
Activity: 448
Merit: 250
hero member
Activity: 518
Merit: 500
the wall has been touched
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