Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33410.

Its About Sharing

legendary

Activity: 1442

Merit: 1000

Antifragile

Quote from: oda.krell on June 07, 2013, 11:45:02 AM

I'm still wondering what the 7.5k btc buy at 1pm CET was all about. I didn't see it when it took place, but I'm pretty sure it was one big order.

Why would a whale buy right into the downtrend? He had a slippage alone of 3 or 4 USD. And why not wait a few hours longer and buy even cheaper.

It's too much volume to be a stabilizing move, in my opinion, but it doesn't make much sense otherwise. I'm puzzled.

If you really believe in BTC, perhaps a few dollars (or many) here and there doesn't really matter. When you see an opportunity to pick up a few (7.5k - I'm about 7.499 jealous) you do it.
I'm holding for the future, so I can imagine a guy with money, just buys it and says "I'll check again in 5 years."

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

Quote from: phoenix1 on June 07, 2013, 02:33:35 PM

Quote from: adamstgBit on June 07, 2013, 02:18:24 PM

Quote from: rezurect on June 07, 2013, 02:13:43 PM

Quote from: adamstgBit on June 07, 2013, 01:02:21 PM

next stop 113 Grin

\
Fib?

stoner power Cool

Where next maestro ?

stopped for now.

lucas.sev

sr. member

Activity: 252

Merit: 250

Quote from: Its About Sharing on June 07, 2013, 02:31:08 PM

Quote from: Rampion on June 07, 2013, 11:30:52 AM

Testing $105ish today? I think as soon as we touch it we will go through it like a hot knife through butter.

Next level to be tested will be $90ish, and next REAL support $80ish. Anyhow, as Oda said earlier I think testing $80 won't happen too soon. But honestly, I think the sooner the better. I wouldn't mind at all going rapidly to $50 and double bottoming it hard, with big volume. That would mean that the only way is UP, slowly, but UP. IMO that's the best case scenario for the bulls. Breaking ATH during this year is not happening IMO. And a rally to $165 won't happen any soon neither.

I enjoy reading your posts Rampion. You were talking about this the other day and I think I was split. There is a part of me that just doesn't want to trade out of something I believe in. Do you know what I mean?
But on the other hand, I'm thinking "Hey, maybe I can get more of what I believe in". And then there is the Angel over my shoulder saying "Don't be greedy, if BTC is successful, you will only need one."

Does that angel have a face of rpitella? Grin

phoenix1

hero member

Activity: 798

Merit: 1000

Quote from: adamstgBit on June 07, 2013, 02:18:24 PM

Quote from: rezurect on June 07, 2013, 02:13:43 PM

Quote from: adamstgBit on June 07, 2013, 01:02:21 PM

next stop 113 Grin

\
Fib?

stoner power Cool

Where next maestro ?

Its About Sharing

legendary

Activity: 1442

Merit: 1000

Antifragile

Quote from: Rampion on June 07, 2013, 11:30:52 AM

Testing $105ish today? I think as soon as we touch it we will go through it like a hot knife through butter.

Next level to be tested will be $90ish, and next REAL support $80ish. Anyhow, as Oda said earlier I think testing $80 won't happen too soon. But honestly, I think the sooner the better. I wouldn't mind at all going rapidly to $50 and double bottoming it hard, with big volume. That would mean that the only way is UP, slowly, but UP. IMO that's the best case scenario for the bulls. Breaking ATH during this year is not happening IMO. And a rally to $165 won't happen any soon neither.

I enjoy reading your posts Rampion. You were talking about this the other day and I think I was split. There is a part of me that just doesn't want to trade out of something I believe in. Do you know what I mean?
But on the other hand, I'm thinking "Hey, maybe I can get more of what I believe in". And then there is the Angel over my shoulder saying "Don't be greedy, if BTC is successful, you will only need one."

But realistically, I feel we go lower. The unknown variable is some good news coming out when we least expect it. If that happens on a down move after exiting a position, it creates a... headache. ehehehhe
I guess then, what you did, selling a smaller percentage (20% was it?) is reasonable. I'm debating that now...

And how about Coinseeker? Man, I really think it is two alter egos. Right now he is down. I don't know what to say. eheeheh
Not talking smack bro, just enjoying the diversity of the forum. We are sort of a soap opera here.

Anyway, I promise you this, if we do go substantially lower, say the 50 Euro level (no, not dollar level, there I would be taking loans out ;-), I will try to save every penny I can and buy more BTC... Because I believe in it...

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

Quote from: rezurect on June 07, 2013, 02:13:43 PM

Quote from: adamstgBit on June 07, 2013, 01:02:21 PM

next stop 113 Grin

\
Fib?

stoner power Cool

niothor

hero member

Activity: 826

Merit: 501

in defi we trust

Quote from: Rampion on June 07, 2013, 02:04:35 PM

Quote from: Rampion on June 07, 2013, 11:11:33 AM

Guys, I wanted to make you a favour... So I sold a little coins at $108.5... Just because I wanted the price to rebound UP, I know you feel bad when our beloved BTC crashes

It's working... It's working.... IT'S WORKING!!!!

Yeah. Like a boss.

You really sold at 108.5?

sarc

member

Activity: 98

Merit: 10

A 5 dollar drop by selling just 1700 bitcoins....go on someone, do it!

edit: not really, cos that would be stupid.

rezurect

sr. member

Activity: 686

Merit: 250

Quote from: adamstgBit on June 07, 2013, 01:02:21 PM

next stop 113 Grin

\
Fib?

Rampion

legendary

Activity: 1148

Merit: 1018

Quote from: Rampion on June 07, 2013, 11:11:33 AM

Guys, I wanted to make you a favour... So I sold a little coins at $108.5... Just because I wanted the price to rebound UP, I know you feel bad when our beloved BTC crashes

It's working... It's working.... IT'S WORKING!!!!

Yeah. Like a boss.

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

rezurect

sr. member

Activity: 686

Merit: 250

113 on btce does gox follow?

Abandon

member

Activity: 112

Merit: 10

Quote from: Loozik on June 07, 2013, 01:23:03 PM

Quote from: Abandon on June 07, 2013, 01:11:35 PM

Appears overbought, but also appears to have broken resistance:
https://www.tradingview.com/e/c5CZeJOb/

Is there a way of having Bid and Ask line displayed in tradingview charts?

Nope, I use Bitcoinity/BitcoinWisdom for that.

Loozik

sr. member

Activity: 378

Merit: 250

Born to chew bubble gum and kick ass

Quote from: Abandon on June 07, 2013, 01:11:35 PM

Appears overbought, but also appears to have broken resistance:

https://www.tradingview.com/e/c5CZeJOb/

Is there a way of having Bid and Ask line displayed in tradingview charts?

rezurect

sr. member

Activity: 686

Merit: 250

800 btc to 107
1700 btc to 113

Abandon

member

Activity: 112

Merit: 10

Appears overbought, but also appears to have broken resistance:

https://www.tradingview.com/e/c5CZeJOb/

phoenix1

hero member

Activity: 798

Merit: 1000

Quote from: Coinseeker on June 07, 2013, 12:58:30 PM

A bear and a rabbit are shitting in the woods. The bear looks to the rabbit and says, "Hey, Mr. Rabbit. Do you have a problem with shit sticking to your fir?" The rabbit say, "No, not at all."

So the bear grabs the rabbit and wipes his ass with him. Grin

Lol ... nice bit of bear humour ... must be time for a rally !

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

next stop 113 Grin

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

Quote from: Coinseeker on June 07, 2013, 12:58:30 PM

A bear and a rabbit are shitting in the woods. The bear looks to the rabbit and says, "Hey, Mr. Rabbit. Do you have a problem with shit sticking to your fir?" The rabbit say, "No, not at all."

So the bear grabs the rabbit and wipes his ass with him. Grin

lol

Coinseeker

sr. member

Activity: 252

Merit: 250

A bear and a rabbit are shitting in the woods. The bear looks to the rabbit and says, "Hey, Mr. Rabbit. Do you have a problem with shit sticking to your fir?" The rabbit say, "No, not at all."

So the bear grabs the rabbit and wipes his ass with him. Grin

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33410. (Read 26630649 times)