Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33185. (Read 26465113 times)
May 29, 2013, 12:43:26 PM
i'm just trying to understand the thinking process of guys telling me we're going down because a random dude pushed the price down with 7k and have been mysteriously rebuy on 126 in 1 minute. but if you come and tell me there're bad news...ect, then im agree to talk on a possible down.
May 29, 2013, 12:33:56 PM
Well at least we have a more even spread between bulls and bears now. I always feel uncomfortable when everyone here seems to be bullish on the short term, it makes me want to sell my coins.
May 29, 2013, 12:12:38 PM
when did i said we were "steamrolling upward"? i'm just saying atm we're going slowly up on low volume.
Oh, I must have misunderstood then...
we're on low volume for days now and it didn't push us down at all...
136 to 124 = done by one person wich do not representative at all
I'm saying it is representative that a single individual could do this.
im agreed if it's done on a regulated stocks but bitcoin is a free market and you can't draw aside "manipulation" or name that like you want.
and btw did you saw how this drop have been done? this 7k wasn't looking at all to sell but just pushing the price down. (personal jugement ofc)
May 29, 2013, 12:06:53 PM
when did i said we were "steamrolling upward"? i'm just saying atm we're going slowly up on low volume.
Oh, I must have misunderstood then...
we're on low volume for days now and it didn't push us down at all...
136 to 124 = done by one person wich do not representative at all
I'm saying it is representative that a single individual could do this.
May 29, 2013, 12:05:54 PM
Personally I think it's going to go down. Maybe it will go up a bit first, who knows.
A rise in price on very low volume with the occasional 'booster' purchase of 1000 BTC completely out of nowhere certainly doesn't look like a bull market to me.
It looks like someone's trying to maintain the price with the occasional buy.
A rise in price on very low volume with the occasional 'booster' purchase of 1000 BTC completely out of nowhere certainly doesn't look like a bull market to me.
It looks like someone's trying to maintain the price with the occasional buy.
May 29, 2013, 12:02:22 PM
May 29, 2013, 12:00:39 PM
before the huge 7k drop you had a huge drop of 2.5k it started at this moment not before.
it wasn't 7k but way more. you didn't count all the other guys who panicked. Check the volume.. the $10 drop wasn't that much
it wasn't 7k but way more. you didn't count all the other guys who panicked. Check the volume.. the $10 drop wasn't that much
The 7k I was talking about is the "huge" wall that made some "panic".
Like I said, if really the market was steamrolling upward, the 7k would simply have been bought.
when did i said we were "steamrolling upward"? i'm just saying atm we're going slowly up on low volume.
cmon dont be blind if you put a trend between may 7th and now you see we're going up a bit (wich is not a prediction at all for the future btw) but it's a fact
the only drops we have between this moment are dwolla and this misteryous 7k that's it.
May 29, 2013, 11:57:23 AM
before the huge 7k drop you had a huge drop of 2.5k it started at this moment not before.
it wasn't 7k but way more. you didn't count all the other guys who panicked. Check the volume.. the $10 drop wasn't that much
it wasn't 7k but way more. you didn't count all the other guys who panicked. Check the volume.. the $10 drop wasn't that much
The 7k I was talking about is the "huge" wall that made some "panic".
Like I said, if really the market was steamrolling upward, the 7k would simply have been bought.
May 29, 2013, 11:51:44 AM
Well, we might have some rough days ahead but I would say the order book won't tell the whole story. I'm sure vested interests have buy programs to limit downside. If not, with BTC's growth, we can imagine buyers would surface pretty quickly. Long term picture here and perhaps we shouldn't worry too much about the short term.
I expect more "attacks" on funding mechanisms in a regulated centric way. But that will definitely fail as properly regulated (larger firms like Bitinstant and such) are or will fill those voids. It will become a PR war, throwing around words like "money laundering" and "terrorism" but we have HSBC (8 billion in drug money laundering) and Wachova (100's of billions in laundered drug money) on "our" side.
Keyword, regulated. Glad to see you coming around to supporting something that makes sense.
Quote
BTC was really designed for what is coming as were the people supporting it, at least in part...
Right, by supporting regulations right? Ok, just making sure. I guess we have no disagreements now. Please carry on...
May 29, 2013, 11:49:23 AM
Except the $136 to $124 drop...
136 to 124 = done by one person wich do not representative at all
low volume started around may 7th and we were at 110, we're actually at 129 wich is not for me a "down"
but you can hope for an other big sell if your trading management is based on hope it doesn't bother me.
EDIT: i'm not telling everyone it's going up or down im just telling that taking a position right now is rly risky business to me
You can hope for another rally, it doesn't bother me.
Just as a heads up, we started going down (after $136) before the huge wall appeared.
In addition, if the market was sure of its direction, 7k BTC would not have dropped the price more than $10, like it did.
it wasn't 7k but way more. you didn't count all the other guys who panicked. Check the volume.. the $10 drop wasn't that much
common
May 29, 2013, 11:46:52 AM
yeah, why dont YOU show us the evidence
people who wont see will not see even the evidence, im watching facts when you're guided by emotion sweety
May 29, 2013, 11:45:50 AM
Except the $136 to $124 drop...
136 to 124 = done by one person wich do not representative at all
low volume started around may 7th and we were at 110, we're actually at 129 wich is not for me a "down"
but you can hope for an other big sell if your trading management is based on hope it doesn't bother me.
EDIT: i'm not telling everyone it's going up or down im just telling that taking a position right now is rly risky business to me
You can hope for another rally, it doesn't bother me.
Just as a heads up, we started going down (after $136) before the huge wall appeared.
In addition, if the market was sure of its direction, 7k BTC would not have dropped the price more than $10, like it did.
Well, we might have some rough days ahead but I would say the order book won't tell the whole story. I'm sure vested interests have buy programs to limit downside. If not, with BTC's growth, we can imagine buyers would surface pretty quickly. Long term picture here and perhaps we shouldn't worry too much about the short term.
I expect more "attacks" on funding mechanisms in a regulated centric way. But that will definitely fail as properly regulated (larger firms like Bitinstant and such) are or will fill those voids. It will become a PR war, throwing around words like "money laundering" and "terrorism" but we have HSBC (8 billion in drug money laundering) and Wachova (100's of billions in laundered drug money) on "our" side.
BTC was really designed for what is coming as were the people supporting it, at least in part...
May 29, 2013, 11:44:07 AM
yeah, why dont YOU show us the evidence
May 29, 2013, 11:40:37 AM
Except the $136 to $124 drop...
136 to 124 = done by one person wich do not representative at all
low volume started around may 7th and we were at 110, we're actually at 129 wich is not for me a "down"
but you can hope for an other big sell if your trading management is based on hope it doesn't bother me.
EDIT: i'm not telling everyone it's going up or down im just telling that taking a position right now is rly risky business to me
You can hope for another rally, it doesn't bother me.
Just as a heads up, we started going down (after $136) before the huge wall appeared.
In addition, if the market was sure of its direction, 7k BTC would not have dropped the price more than $10, like it did.
before the huge 7k drop you had a huge drop of 2.5k it started at this moment not before.
it wasn't 7k but way more. you didn't count all the other guys who panicked. Check the volume.. the $10 drop wasn't that much
May 29, 2013, 11:38:02 AM
It's a homemade Bitcoin rocket. Free kit with every 7950 purchase.
May 29, 2013, 11:33:26 AM
Except the $136 to $124 drop...
136 to 124 = done by one person wich do not representative at all
low volume started around may 7th and we were at 110, we're actually at 129 wich is not for me a "down"
but you can hope for an other big sell if your trading management is based on hope it doesn't bother me.
EDIT: i'm not telling everyone it's going up or down im just telling that taking a position right now is rly risky business to me
You can hope for another rally, it doesn't bother me.
Just as a heads up, we started going down (after $136) before the huge wall appeared.
In addition, if the market was sure of its direction, 7k BTC would not have dropped the price more than $10, like it did.
May 29, 2013, 11:32:53 AM
Except the $136 to $124 drop...
136 to 124 = done by one person wich do not representative at all
low volume started around may 7th and we were at 110, we're actually at 129 wich is not for me a "down"
but you can hope for an other big sell if your trading management is based on hope it doesn't bother me.
EDIT: i'm not telling everyone it's going up or down im just telling that taking a position right now is rly risky business to me
May 29, 2013, 11:32:00 AM
May 29, 2013, 11:31:09 AM
May 29, 2013, 11:20:39 AM
Except the $136 to $124 drop...
136 to 124 = done by one person wich do not representative at all
low volume started around may 7th and we were at 110, we're actually at 129 wich is not for me a "down"
but you can hope for an other big sell if your trading management is based on hope it doesn't bother me.
EDIT: i'm not telling to anyone it's going up or down im just saying that taking a position right now is rly risky business to me
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