Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33414.

N12

donator

Activity: 1610

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Quote from: BitPirate on June 07, 2013, 11:40:58 AM

Bears/manipulators/etc: Congratulations guys, you're getting your cheap coins.

Shame (for you) that now, none of us want to buy back in any more.

Enjoy those cheap coins!

Wow, you sure sound butthurt. I suggest learning more about how markets work, or simply looking at a long-term price graph of Bitcoin. This has happened before, it will happen again.

oda.krell

legendary

Activity: 1470

Merit: 1007

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.

niothor

hero member

Activity: 826

Merit: 501

in defi we trust

Quote from: adamstgBit on June 07, 2013, 11:43:54 AM

everyone is so pessimistic today... you know what to do Grin

nov 1?

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

everyone is so pessimistic today... you know what to do Grin

Ultraviolet

member

Activity: 84

Merit: 10

Either that 105 wall will fall today and we'll see ~97 be touched or 105 will be touched/rebounded off of as it bounces between 106 and 111 until the bid momentum vanishes by Sunday/Monday and someone dumps 25k BTC again.

BitPirate

full member

Activity: 238

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RMBTB.com: The secure BTC:CNY exchange. 0% fee!

Bears/manipulators/etc: Congratulations guys, you're getting your cheap coins.

Shame (for you) that now, none of us want to buy back in any more.

Enjoy those cheap coins!

giszmo

legendary

Activity: 1862

Merit: 1114

WalletScrutiny.com

My guts feeling is that we will meet $60 again. That is only based on this chart that clearly shows a correlation of traded volume (weekly in currency) and price. I see that there are some exceptions where on a down trend the volume explodes with a decreasing price but the overall trend tells me, $60 would still be high.

That said, I did buy my last bitcoins at $130 as a service to my local community (here in Chile there is not much local community yet) and I don't sell because good news can change the trend in a matter of hours or days, which is faster than I can get my money in and I don't feel comfortable having fiat or money on any exchange waiting for the right time to get stolen or confiscated.

samson

legendary

Activity: 2097

Merit: 1070

Quote from: adamstgBit on June 07, 2013, 11:35:40 AM

i don't see any reason for anyone to do this, Right Now.... sellers want to sell as high as possible

I don't see any reason why anyone should by now either

I'm 100% USD and waiting for the inevitable.

adamstgBit

legendary

Activity: 1904

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Trusted Bitcoiner

Quote from: lucas.sev on June 07, 2013, 11:33:41 AM

Quote from: adamstgBit on June 07, 2013, 11:32:18 AM

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 don't think 105 will be tested today, maybe next week...

So you refuse to believe that 1k sell can happen and touch 105?

i don't see any reason for anyone to do this, Right Now.... sellers want to sell as high as possible

adamstgBit

legendary

Activity: 1904

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Trusted Bitcoiner

back to 110 in a few Wink

lucas.sev

sr. member

Activity: 252

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Quote from: adamstgBit on June 07, 2013, 11:32:18 AM

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 don't think 105 will be tested today, maybe next week...

So you refuse to believe that 1k sell can happen and touch 105?

niothor

hero member

Activity: 826

Merit: 501

in defi we trust

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.

xseeee ME...but ... the best scenario for a bull is a price drop?

yeah , I know i'm reading between lines but still , was funny

samson

legendary

Activity: 2097

Merit: 1070

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.

Don't be so sure about that - once a double bottom is in everyone will jump right back in again.

notme

legendary

Activity: 1904

Merit: 1002

Quote from: Coinseeker on June 07, 2013, 11:29:21 AM

Falling knives...no match for me. How do you recifiy a $116.xx position, when the markets crashing and with no fiat left?

BTC -> Ripple -> Sell BTC for XRP -> Sell XRP for USD. Voila...you have fiat for the panic sell and you lost merely crumbs in the process. At current prices, it's looking like the move of the century.

Grin

I just had to share that because that was absolutely insane what I did...and it totally worked. Cool

And what USD price did you end up with for your BTC?

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

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 don't think 105 will be tested today, maybe next week...

Rampion

legendary

Activity: 1148

Merit: 1018

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.

Coinseeker

sr. member

Activity: 252

Merit: 250

Falling knives...no match for me. How do you recifiy a $116.xx position, when the markets crashing and with no fiat left?

BTC -> Ripple -> Sell BTC for XRP -> Sell XRP for USD. Voila...you have fiat for the panic sell and you lost merely crumbs in the process. At current prices, it's looking like the move of the century.

Grin

I just had to share that because that was absolutely insane what I did...and it totally worked. Cool

niothor

hero member

Activity: 826

Merit: 501

in defi we trust

Still 36k coins till 100. I certainly doubt it can go that low.

But still.... don't underestimate bears

Pale Phoenix

sr. member

Activity: 420

Merit: 250

Quote from: nmersulypnem on June 07, 2013, 11:20:47 AM

That isn't putting your money where your mouth is (since you're not actually putting down any money). ...that's just putting your mouth where your mouth is.

Thanks, you put it much better than I did.

lucas.sev

sr. member

Activity: 252

Merit: 250

339BTC market buy, 256 market sell 1 sec afterwards, did someone miss a button? Grin

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