Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33164. (Read 26710777 times)
June 28, 2013, 03:17:33 PM
So, where we are landing now?
June 28, 2013, 03:17:32 PM
if you think it's overpriced why don't you sell up and fuck off.
June 28, 2013, 03:16:53 PM
So someone wants to unload huge coinage and is propping up buy side to pick off anything offered above his fake walls? Since gox has usd delays he can bleed it out slowly over two weeks. I've been scratching my head at this market for days now and can only come up with this.
You have a point here. Eyes often glued on clarkmoody, that strategy makes sense, previous support at 100 was removed just before passing it. Lets see how the walls at 95 act.
Those fake buy walls are actually a huge risk for the wall owner. He thinks he's just propping up the price for his smaller sells, but if another whale wants to cash out, he can easily sell into them and the wall owner will be stuck with 3K extra coins that he can't unload.
There's whales, and there's leviathan. Now that Bitcoin is a currency, it is fair game for the Federal Reserve to toy with as well.
Not true.
The FED would require themselves to own a large number of BTC in order to influence the price either up or down. To do that they would have to buy a large number of BTC from the general populace.
This is the exact opposite situation with FIAT, where the FED "coordinates" actions with other central banks and do not have to actually own a foreign currency in order to manipulate the price. Instead they just do swaps with other governments.
Today the FED have no BTC, so they can not affect the price. For them to get enough would require such a large buy that the price would skyrocket....
and you dont think they havent been buying for months now?
June 28, 2013, 03:16:46 PM
all the bear talk. tststs.
what has this thread come to?
what has this thread come to?
yup.
Where do you stand Adam?
Target price for Jan 2014?
June 28, 2013, 03:16:05 PM
all the bear talk. tststs.
what has this thread come to?
what has this thread come to?
yup.
June 28, 2013, 03:15:13 PM
Have a great weekend, guys! 
June 28, 2013, 03:15:07 PM
all the bear talk. tststs.
what has this thread come to?
what has this thread come to?
yup.
June 28, 2013, 03:13:40 PM
all the bear talk. tststs.
what has this thread come to?
what has this thread come to?
June 28, 2013, 03:12:49 PM
So how many cheap coins are you people buyimg already? 100's? 1000's?
LOL...Cheap coins? We've got a long way down until coins are cheap.
I don't see any cheap coins yet, not even at Bitstamp.
Right, i expected this answer. Because this is the standard answer i get everytime when i ask that question.
Bitcoin goes down, people here are extremely happy and scream about cheap coins, you ask them how much they bought, they tell you they're not buying yet.
I have bids starting in the 77-80 range to catch the next bull trap, but most coins will be bought far lower.
June 28, 2013, 03:11:30 PM
I don't see any cheap coins yet, not even at Bitstamp.
Right, i expected this answer. Because this is the standard answer i get everytime when i ask that question.
Bitcoin goes down, people here are extremely happy and scream about cheap coins, you ask them how much they bought, they tell you they're not buying yet.
June 28, 2013, 03:09:50 PM
So how many cheap coins are you people buyimg already? 100's? 1000's?
As I said before, I'll start buying at 80 and will sell my way there.
June 28, 2013, 03:09:41 PM
Here's something to think about. $99 coins are expensive, $101 coins are cheap.
June 28, 2013, 03:08:40 PM
Oh, and one more thing: positive divergences in indicators on the way down.
@ShroomsKit
Sorry you don't like my opinion.
@ShroomsKit
Sorry you don't like my opinion.
I don't think you're far off.
June 28, 2013, 03:08:19 PM
I don't see any cheap coins yet, not even at Bitstamp.
June 28, 2013, 03:07:32 PM
So how many cheap coins are you people buyimg already? 100's? 1000's?
It's so odd. Something doesn't add up.
I see the same group of people going crazy because it's a cheap coin oppertunity but i have the feeling they are never actually buying.
They certainly don't say so here.
It's so odd. Something doesn't add up.
I see the same group of people going crazy because it's a cheap coin oppertunity but i have the feeling they are never actually buying.
They certainly don't say so here.
June 28, 2013, 03:07:20 PM
We've had 4 years of buying oppertunities. Let's get over it and make money by Bitcoin going up instead of going down.
We had that and we overdid it in the parabola from 13 to 266, now it's doing what is healthy, correct. June 28, 2013, 03:07:10 PM
You seem to be unable to grasp the concept that bitcoin is highly overvalued right now. Its already had its time to go up. Maybe in the future it will have more room to grow, but not now -- not without coming back down.
June 28, 2013, 03:05:39 PM
Below 88.14, this market is going to be priced below a billion dollars again.
This isn't a billion dollar market and it never has been. People are painfully beginning to realize.
This isn't a billion dollar market and it never has been. People are painfully beginning to realize.
But what is the realistic number?
I don't even know how to fairly assess this. I mean, even if 90% of the market is speculation money, that's still market.. and every single market out there has it.
And I wonder; if we were to magically remove all speculation money, where would we be? pre 2011 boom price?
How much btc is actually circulating in the economy as opposed to trading, speculation and hoarding?
If we remove speculation, there is little to no market left.
Blitz is just depressed thats all, a good buying opportunity; thats what every bitcoin crash has ever been / will ever be, the big the crash the better the buying opportunity.
+1
We've had 4 years of buying oppertunities. Let's get over it and make money by Bitcoin going up instead of going down.
June 28, 2013, 03:02:47 PM
It's also a former low, next ones are 79 and 50. So if we break it, sure, it's going to be a resistance.
In your opinion how far down are we goin.
You seriously think he would know? Come on...
He should at least have an opinion.
Sure, but it would worth as much as your own opinion since nobody knows where Bitcoin will go.
But that's the game isn't it. What good is an opinion unexpressed?
In his case a lot.
June 28, 2013, 03:02:27 PM
Oh, and one more thing: positive divergences in indicators on the way down.
@ShroomsKit
Sorry you don't like my opinion.
@ShroomsKit
Sorry you don't like my opinion.
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