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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33115. (Read 26709854 times)

sr. member
Activity: 434
Merit: 250
I've been all out of BTC for weeks now, and I've been telling so.

To Bitstamps $87? Oh lawdy... I better sell all my coins today!

Maybe you should.... maybe you should.  Tongue
member
Activity: 98
Merit: 10
Give them a little faith. The market obviously does too, otherwise we would be much, much lower.

No... MtGox price is higher than everywhere else because some believe it's better to lose an immediate 10% and transfer their BTC to another exchange than risking everything.

If they announce the end of the USD hiatus, I expect the MtGox price to go down.

To Bitstamps $87? Oh lawdy... I better sell all my coins today!

If withdrawls of USD are allowed, artificial bitcoin price will stop but after the dip we just had, if they didn't sell out then and are already sitting on cash, they won't in two days.

I haven't heard a single bullish word out of your mouth for a while Frozen, what's wrong? All in on USD?
sr. member
Activity: 434
Merit: 250
Sure, but there's different kind of down.  Tongue

Edit:
FWIW, I've been a permabull since 2011. It's only since April that I've been saying "down".
hero member
Activity: 854
Merit: 1000
Give them a little faith. The market obviously does too, otherwise we would be much, much lower.

No... MtGox price is higher than everywhere else because some believe it's better to lose an immediate 10% and transfer their BTC to another exchange than risking everything.

If they announce the end of the USD hiatus, I expect the MtGox price to go down.

Don't you expect the price to go down, in any and all situations?
sr. member
Activity: 434
Merit: 250
Give them a little faith. The market obviously does too, otherwise we would be much, much lower.

No... MtGox price is higher than everywhere else because some believe it's better to lose an immediate 10% and transfer their BTC to another exchange than risking everything.

If they announce the end of the USD hiatus, I expect the MtGox price to go down.
legendary
Activity: 1428
Merit: 1000
Oh 90 wall, you so tasty..... Up we go!!!

I see no wall on $90 - 56 BTC lol

You missed a 750 BTC wall being chewed to death. Largest buy was something like 150 BTC.

It sold down to $88.0001 again - this keeps happening. Someone wants out.

But 88 held once again. I expect to see this price for 2 days until MTGox opens their mouths again. Then we will see what happens Smiley

I do hope they communicate,a deafening silence will be more alarming!
member
Activity: 98
Merit: 10
Oh 90 wall, you so tasty..... Up we go!!!

I see no wall on $90 - 56 BTC lol

You missed a 750 BTC wall being chewed to death. Largest buy was something like 150 BTC.

It sold down to $88.0001 again - this keeps happening. Someone wants out.

But 88 held once again. I expect to see this price for 2 days until MTGox opens their mouths again. Then we will see what happens Smiley

I think we both know what's going to happen

Historical events, sure. But their last statement was very professional and bullish. Give them a little faith. The market obviously does too, otherwise we would be much, much lower.
legendary
Activity: 2097
Merit: 1070
Oh 90 wall, you so tasty..... Up we go!!!

I see no wall on $90 - 56 BTC lol

You missed a 750 BTC wall being chewed to death. Largest buy was something like 150 BTC.

It sold down to $88.0001 again - this keeps happening. Someone wants out.

But 88 held once again. I expect to see this price for 2 days until MTGox opens their mouths again. Then we will see what happens Smiley

I think we both know what's going to happen
member
Activity: 98
Merit: 10
Oh 90 wall, you so tasty..... Up we go!!!

I see no wall on $90 - 56 BTC lol

You missed a 750 BTC wall being chewed to death. Largest buy was something like 150 BTC.

It sold down to $88.0001 again - this keeps happening. Someone wants out.

But 88 held once again. I expect to see this price for 2 days until MTGox opens their mouths again. Then we will see what happens Smiley
sr. member
Activity: 371
Merit: 250
I think we have a couple of days left until MtGox says what is going to happen with USD withdrawals in the future.

The USD percentage respect of the rest of BTC is astonishing, same as still is MtGox USD respect to the rest.



On the other side, the decline on volume on USD in regards to bitcoin is also incredible. We are close to pre bubble levels.



What do you guys expect is going to happen in a couple days with MtGox clarification after the two weeks have passed?

Heavy tectonic movements in one side or in the other?. Are we going to be Goxxed one more time in the next two days?



First, your questions - I imagine some people are just going to move their money off, probably not a huge deal. For some people it is a huge deal though. If they lengthen things, then people might get pissed.
Things don't look good short term, the Gox thing was just icing...

Are your numbers a past average? Gox is 40% and Bitstamp at 20%!
edit - Woops, I was looking at the wrong column.



Thanks for your answers. Captured the images from Bitcoin Charts and from blockchain.info. Not sure though what is the time range for bitcoincharts exchange volume distribution.
Here the full picture:


legendary
Activity: 2097
Merit: 1070
Oh 90 wall, you so tasty..... Up we go!!!

I see no wall on $90 - 56 BTC lol

You missed a 750 BTC wall being chewed to death. Largest buy was something like 150 BTC.

It sold down to $88.0001 again - this keeps happening. Someone wants out.
hero member
Activity: 938
Merit: 500
https://youengine.io/
So if I want to place a buy order an check within a month or two, what's a good value?
60?
$32 (and two months waiting might not be enough)
legendary
Activity: 2097
Merit: 1070
Oh 90 wall, you so tasty..... Up we go!!!

I see no wall on $90 - 56 BTC lol

You missed a 750 BTC wall being chewed to death. Largest buy was something like 150 BTC.

And after the buying started, I saw a wall get pulled as well. Did you see that? The buying didn't continue though...
Someone wanted it too.

Hmm, sounds bearish to me.
legendary
Activity: 1232
Merit: 1011
Yesterday someone dumped more then 1 k btc @ 91.

I think the dumper is desperately trying to dump more in that price range, and waiting for some nice juicy bid.

I am not buying, that's for sure.
member
Activity: 98
Merit: 10
Oh 90 wall, you so tasty..... Up we go!!!

I see no wall on $90 - 56 BTC lol

You missed a 750 BTC wall being chewed to death. Largest buy was something like 150 BTC.

And after the buying started, I saw a wall get pulled as well. Did you see that? The buying didn't continue though...
Someone wanted it too.

It's not that they wanted the buying to continue it's that they want to keep their money in USD for some reason and the wall was only a show of force to bring the price down.
legendary
Activity: 1442
Merit: 1000
Antifragile
Oh 90 wall, you so tasty..... Up we go!!!

I see no wall on $90 - 56 BTC lol

You missed a 750 BTC wall being chewed to death. Largest buy was something like 150 BTC.

And after the buying started, I saw a wall get pulled as well. Did you see that? The buying didn't continue though...
Someone wanted it too.
member
Activity: 98
Merit: 10
Oh 90 wall, you so tasty..... Up we go!!!

I see no wall on $90 - 56 BTC lol

You missed a 750 BTC wall being chewed to death. Largest buy was something like 150 BTC.
legendary
Activity: 2380
Merit: 1823
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legendary
Activity: 2097
Merit: 1070
Oh 90 wall, you so tasty..... Up we go!!!

I see no wall on $90 - 56 BTC lol
full member
Activity: 168
Merit: 100
I'm building a sell wall at $98.

I predict a bounce off $100 or close to it, if it breaks $100 I'll take my losses and buy back in.
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