Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33388.

Babylon

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Quote from: old_engineer on May 12, 2013, 05:40:51 PM

Quote from: Rampion on May 12, 2013, 04:05:51 PM

$1M usd disappeared today from the order book.

We may see cheap coins soon Grin

The speculation game seems a lot like warfare. Did the army actually withdraw, or did they want to make you believe they withdrew before attacking?

All I know is that the $1m that was removed was at under $50 USD.

Could have removed it to wait and put it back in higher.

old_engineer

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Quote from: Rampion on May 12, 2013, 04:05:51 PM

$1M usd disappeared today from the order book.

We may see cheap coins soon Grin

The speculation game seems a lot like warfare. Did the army actually withdraw, or did they want to make you believe they withdrew before attacking?

All I know is that the $1m that was removed was at under $50 USD.

Abandon

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Some tips for beginner traders: http://www.youtube.com/watch?v=upOpW0M2R6w

ShroomsKit

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Quote from: Rampion on May 12, 2013, 04:05:51 PM

$1M usd disappeared today from the order book.

We may see cheap coins soon Grin

We all had many chances now to buy cheap coins. How much longer will it make you extremely happy to see Bitcoin go down instead of up? Another year? 5 years?

BitcoinAshley

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Quote from: deathcode on May 12, 2013, 04:27:52 PM

mmm didnt it occur to you that the usual weekend dip was not really a dip and it held well?
i predict 130 this week

Bold prediction given recent "stability." Cool

Frozenlock

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Quote from: deathcode on May 12, 2013, 04:27:52 PM

i predict 130 this week

7 days remaining.

deathcode

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Eloncoin.org - Mars, here we come!

Quote from: Rampion on May 12, 2013, 04:05:51 PM

$1M usd disappeared today from the order book.

We may see cheap coins soon Grin

mmm didnt it occur to you that the usual weekend dip was not really a dip and it held well?
i predict 130 this week

wonkytonky

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Activity: 411

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Quote from: Rampion on May 12, 2013, 04:05:51 PM

$1M usd disappeared today from the order book.

We may see cheap coins soon Grin

yes all sell please.. got some shorts running would be great!

or dont sell.. got buys done at 118.. for the long run. so that would be great too..

whatever way it's going.. it's great.. but even with 1milj less of bidd(which will eventualy come back at some point)

i think market will go up or just do nothing(for a week or maybe 2) . i'm happy with that too

Rampion

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$1M usd disappeared today from the order book.

We may see cheap coins soon Grin

UltimateReaper

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Quote from: N12 on May 12, 2013, 03:32:00 PM

It can last weeks.

That's not very long in the grand scheme of things.

N12

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It can last weeks.

UltimateReaper

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Quote from: crazy_rabbit on May 12, 2013, 01:19:14 PM

Wow, this thread is getting pretty boring. Price movements of a couple dollars is about the most anyone hopes for.

Stability. Good times!

this is just the quiet before the massacre.

http://25.media.tumblr.com/9716d0eabee7a0d8dabfefde648540ed/tumblr_mhslwr93hD1r11qslo1_500.gif

I kid I kid, but how long can this really last?

michaelGedi

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"to be or not to be, that is the bitcoin"

Quote from: Frozenlock on May 12, 2013, 03:07:33 PM

With the mother of all triangles that closed in the last few days, I think this is relevant:

Quote

Another point to remember — and one which does not conform at all
to the “coil” simile — is that the farther out into the apex of the Triangle
prices push without bursting its boundaries, the less force or power the
pattern seems to have. Instead of building up more pressure, it begins to
lose its efficacy after a certain stage. The best moves (up or down) seem to
ensue when prices break out decisively at a point somewhere between half
and three quarters of the horizontal distance from the base (left-hand end)
to the apex. If prices continue to move “sideways” in narrower and narrower
fluctuations from day to day after the three quarter mark is passed, they are
quite apt to keep right on to the apex and beyond in a dull drift or ripple
which leaves the chart analyst completely at sea. The best thing to do in such
cases is go away and look for something more promising elsewhere in your
chart book.

- Technical Analysis of Stock Trends

Cry

to me that would be a brilliant piece of information, if it holds true.

tentative growth would be good for bitcoins legitimacy.

in terms of volume, during feb/march were there similar periods to the last 3 days?

in other news looks like manipulator/big player took about 1mil off the bid book somewhere

Frozenlock

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Activity: 434

Merit: 250

Quote from: SlipperySlope on May 12, 2013, 12:02:40 PM

Low volume may pick up as we have come to expect late Sunday.

You need at least 2 lows to be able to find support... and you chop through one of them? Huh

Frozenlock

sr. member

Activity: 434

Merit: 250

With the mother of all triangles that closed in the last few days, I think this is relevant:

Quote

Another point to remember — and one which does not conform at all
to the “coil” simile — is that the farther out into the apex of the Triangle
prices push without bursting its boundaries, the less force or power the
pattern seems to have. Instead of building up more pressure, it begins to
lose its efficacy after a certain stage. The best moves (up or down) seem to
ensue when prices break out decisively at a point somewhere between half
and three quarters of the horizontal distance from the base (left-hand end)
to the apex. If prices continue to move “sideways” in narrower and narrower
fluctuations from day to day after the three quarter mark is passed, they are
quite apt to keep right on to the apex and beyond in a dull drift or ripple
which leaves the chart analyst completely at sea. The best thing to do in such
cases is go away and look for something more promising elsewhere in your
chart book.

- Technical Analysis of Stock Trends

Cry