Topic: Wall Observer BTC/USD - Bitcoin price movement tracking &amp; discussion - page 33104. (Read 26709510 times)

Quote from: N12 on July 03, 2013, 12:28:13 PM

Something doesn't seem right. Market depth is so heavily in favour of buy with 1k moving us down 1 dollar or up 5 dollars.

I'm holding, as usual Cool

I remember it was the same during the whole of the 2011 bear market.

Cool story bro.

You realize most of us are just trying to prevent you from having the same pain we did?

no pain no gain. some people learn their lessons the hard way.

dooooooown sheee goeeeeeees.

Jozzaboy

member

Activity: 98

Merit: 10

Something doesn't seem right. Market depth is so heavily in favour of buy with 1k moving us down 1 dollar or up 5 dollars.

I'm holding, as usual Cool

I remember it was the same during the whole of the 2011 bear market.

Cool story bro.

It's unfortunate for the people who choose to stick their fingers in their ears when someone who has experienced the same thing tries to educate them: https://bitcointalksearch.org/topic/sentiment-in-2011-188829

Based on the depth, we are due a bounce. I may short some coins in there depending on how I feel about sentiment. In the mean time, I know most of you are in fiat right now so it is in your interest for me to sell my hoard.

Ultraviolet

member

Activity: 84

Merit: 10

Tomorrow is the two week mark for Gox USD withdraws isn't it.

Frozenlock

sr. member

Activity: 434

Merit: 250

Something doesn't seem right. Market depth is so heavily in favour of buy with 1k moving us down 1 dollar or up 5 dollars.

I'm holding, as usual Cool

I remember it was the same during the whole of the 2011 bear market.

Cool story bro.

You realize most of us are just trying to prevent you from having the same pain we did?

N12

donator

Activity: 1610

Merit: 1010

Something doesn't seem right. Market depth is so heavily in favour of buy with 1k moving us down 1 dollar or up 5 dollars.

I'm holding, as usual Cool

I remember it was the same during the whole of the 2011 bear market.

Cool story bro.

It's unfortunate for the people who choose to stick their fingers in their ears when someone who has experienced the same thing tries to educate them: https://bitcointalksearch.org/topic/sentiment-in-2011-188829

thef

full member

Activity: 154

Merit: 100

Quote from: icekiss on July 03, 2013, 12:23:27 PM

Something doesn't seem right. Market depth is so heavily in favour of buy with 1k moving us down 1 dollar or up 5 dollars.

I'm holding, as usual Cool

Have you been watching the past few days? It's always been like this but the sells just keep coming. Don't be fooled like I was into believing we're going up just because of the order book. If we follow the pattern of the past week, we're going to bounce off of $80 and go up to around $84. That's the time to sell. Then, the next day we'll have another large selloff into the mid 70s.

MAbtc

hero member

Activity: 826

Merit: 508

Quote from: gandhibt on July 03, 2013, 12:20:17 PM

Small bounce?

Mtgox just about has to. Bitstamp should fall quite a bit, though (I cant't see any reason why it should stay higher or even very close to mtgox).

Bid side on Bitstamp is actually still looking pretty strong. 5100 coins to 75, 2600 coins to 90. Waiting for a nice 1k sell to prime us for the 70s.

Voodah

sr. member

Activity: 266

Merit: 250

Quote from: N12 on July 03, 2013, 12:00:22 PM

Quote from: Jozzaboy on July 03, 2013, 11:58:50 AM

Bitstamp and CampBX trading higher than MTGox. Oversold?

Nope, MtGox leading the other exchanges was the normal state of things to which we are apparently now returning.

You really think we are already returning to normal in regards to Gox??

I highly doubt that. Gox has not said a word, and my impression is there won't be any good news to give in two days.

I think we are just seeing dumps and market moves, and that's what's really controlling the exchange spreads.

Jozzaboy

member

Activity: 98

Merit: 10

Quote from: Frozenlock on July 03, 2013, 12:21:47 PM

Something doesn't seem right. Market depth is so heavily in favour of buy with 1k moving us down 1 dollar or up 5 dollars.

I'm holding, as usual Cool

I remember it was the same during the whole of the 2011 bear market.

Cool story bro.

gandhibt

full member

Activity: 238

Merit: 100

I'm holding, as usual Cool

Of course you are. Roll Eyes

Here, may this help you :

Was fun seeing that when we were climbing to $250 but now it's not =)

N12

donator

Activity: 1610

Merit: 1010

Quote from: gandhibt on July 03, 2013, 12:20:17 PM

Something doesn't seem right. Market depth is so heavily in favour of buy with 1k moving us down 1 dollar or up 5 dollars.

I'm holding, as usual Cool

I remember it was the same during the whole of the 2011 bear market.

icekiss

member

Activity: 70

Merit: 10

Small bounce?

Mtgox just about has to. Bitstamp should fall quite a bit, though (I cant't see any reason why it should stay higher or even very close to mtgox).

Edit: Then again, the big sells on mtgox still don't appear to be stopping. Shocked

(just saw 500BTC sold at 82.00)

Frozenlock

sr. member

Activity: 434

Merit: 250