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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33421. (Read 26656822 times)

member
Activity: 112
Merit: 10
legendary
Activity: 1904
Merit: 1002
Sure, but we'll see it hit 108 first.

Quote.
Just 'cause.  Wink

Like I said... we'll see it hit 108 before we see it hit 140 Tongue
hero member
Activity: 826
Merit: 501
in defi we trust
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

Cheesy


you ... you ... you BEAR Smiley
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
volume doesnt look fantastic

i think we will go lower....
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Dumper are dumping!  Grin
sr. member
Activity: 252
Merit: 250
Anyone seeing a trend with these 5 am dumps?

ASICMiner selling... China time zone.

Interesting notion ...

During this transition to ASIC mining technology, one entity - ASICMiner - has a very large share of mined coins. Perhaps they have more motivation to sell than the multitude of individual GPU miners that have been effectively replaced.

Lots of slippage when the dump occurs. There are well known techniques to slice orders and time them for more efficient executions, e.g. wait for bids to fill back in.  Why don't dumpers use them?

They did use them around 120 area.

In other news: 10k wall at 105
legendary
Activity: 1148
Merit: 1018
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

Cheesy

EDIT: you have to know my story first... I'm pretty good buying at the bottom (most of my bids are filled just before the price rebounds UP UP UP), but I'm terrible selling low (50% of the times I sell coins, it's at the very bottom... It happened to me when we touched $79 and happened again on Monday when I sold at $118ish and then price rebounded to $122ish.... Lucky me I only sell "play coins", the vast majority of my stash is in cold storage for good).

So, hopefully my stunt works, and $108.5 was the bottom for today. Placed bids with the fiat I got for that coins all the way till $91ish, let's see how it works out this time Wink
hero member
Activity: 686
Merit: 501
Stephen Reed
Anyone seeing a trend with these 5 am dumps?

ASICMiner selling... China time zone.

Interesting notion ...

During this transition to ASIC mining technology, one entity - ASICMiner - has a very large share of mined coins. Perhaps they have more motivation to sell than the multitude of individual GPU miners that have been effectively replaced.

Lots of slippage when the dump occurs. There are well known techniques to slice orders and time them for more efficient executions, e.g. wait for bids to fill back in.  Why don't dumpers use them?
legendary
Activity: 1148
Merit: 1018
sr. member
Activity: 420
Merit: 250
awww, look at the bears coming out of the woodwork... agreeing with each other how obvious all of this was.

'k. Put your money where your mouth is and make a prediction where this trend takes us, short term. Everything else ("Silk road ... yadda yadda ... Bitcoin economy... wasn't stable in May after all") is just cheap talk.

I'll begin: within the next 24 hours, price won't go significantly below 100. If it falls below 100, it will rebound sharply to a value above 100 shortly afterwards. More likely though, we'll continue trading around 110.

Your turn Smiley

I'm not sure how making a post here puts any money where anyone's mouth is LOL.

I appreciate reading other people's analyses because we all have our own biases, and it's good to have them challenged. IMO, well considered opinions are much more valuable than meaningless short term price predictions pulled out of the derrière.
hero member
Activity: 826
Merit: 501
in defi we trust
Bitcoin barometer is feeling bearish
http://mogsta.com/btc/
hero member
Activity: 564
Merit: 508
Looks like somebody is being concerned by BitStamp staying over 110$ Wink
Ask wall just apperared @111,84$.
full member
Activity: 232
Merit: 100
Anyone seeing a trend with these 5 am dumps?

ASICMiner selling... China time zone.
hero member
Activity: 826
Merit: 501
in defi we trust
well, i might be able to buy back in after all!

i have not paid for that lambo yet!

Unless you got a racing course near by , don't bother.
I felt like I wasted 4 years of my life before giving my F430 a real drive.
member
Activity: 98
Merit: 10
awww, look at the bears coming out of the woodwork... agreeing with each other how obvious all of this was.

'k. Put your money where your mouth is and make a prediction where this trend takes us, short term. Everything else ("Silk road ... yadda yadda ... Bitcoin economy... wasn't stable in May after all") is just cheap talk.

I'll begin: within the next 24 hours, price won't go significantly below 100. If it falls below 100, it will rebound sharply to a value above 100 shortly afterwards. More likely though, we'll continue trading around 110.

Your turn Smiley


has your blood sugar got low again?
hero member
Activity: 672
Merit: 500
It's just miners selling their day profits

These are not speculators selling yet, they are holding dearly to their bitcoin all the way down

Because we see 8k dumps every day from miners right.
legendary
Activity: 1148
Merit: 1018
And.... Here..... We...... Go......

legendary
Activity: 1470
Merit: 1007
awww, look at the bears coming out of the woodwork... agreeing with each other how obvious all of this was.

'k. Put your money where your mouth is and make a prediction where this trend takes us, short term. Everything else ("Silk road ... yadda yadda ... Bitcoin economy... wasn't stable in May after all") is just cheap talk.

I'll begin: within the next 24 hours, price won't go significantly below 100. If it falls below 100, it will rebound sharply to a value above 100 shortly afterwards. More likely though, we'll continue trading around 110.

Your turn :)
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
Anyone seeing a trend with these 5 am dumps?
hero member
Activity: 826
Merit: 501
in defi we trust

It's not just that.  Low volume is an indication that the actual Bitcoin economy isn't running.  The only activity I see on the depth window are the last remaining trading bots.  I mean, how is someone supposed to get a few bucks into MtGox to buy something on SilkRoad or wherever?  The Bitcoin price went from being 99% speculation, to being 99.999% speculation.  I'd love to know how SilkRoad sales have been impacted with the closure of LR, MtGox-Dwolla, etc...  At this rate, it's a long long way down...

LR.... Silkroad?
wtf they have in common?
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