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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33542. (Read 26461145 times)

member
Activity: 84
Merit: 10
supernode
Bulls now out of steam and out of money get ready for the ride DOWN Smiley
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
The battle of the walls, see who'll keep more nerves in our next episode or download special report for 14BTC only from our website  Grin

Yeah what is that extra coin for?  Cheesy

13BTC
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
We will reach $125 before the dump? Speculate

Yes then you can put your order in...then it wont get filled, because it wont lol
legendary
Activity: 1400
Merit: 1000
I owe my soul to the Bitcoin code...
@Chartbuddy - I really like your charts. One question though, could you present opposing sides so we can get a better view of the bid side as it happened as well?  Basically show the current view and a 90 degree rotated one.
legendary
Activity: 2324
Merit: 1125
Well, depends how much you can wait and what's your entry point... you'll be fine, you have mined your coins, he didn't, he bought them.

That's completely irrelevant.

That's like people at casino's betting big with their earlier winnings, losing it all and then stating it wasn't theirs to start with. Total bull shit.

Not sure if I understand good what you are trying to say, it happens sometimes as English is not my native language.

Goat will be pretty good if he just holds on loads of coins he mined, I strongly believe Bitcoin will be worth more in the future. If he doesn't sell anything or just small parts of it to support his lifestyle he'll still be fine. as he got his coins very cheap. His collection will be worth more or less during time but if he is happy with size of his collection and doesn't want to trade he'll be fine in long period.



I tried to explain to you that after you have the Bitcoins in your possession (or any investment for that matter) the entry point has become irrelevant. If I have 100 BTC and I received them all as a gift from Satoshi it's the same as when I bought them all at $266. At that point in time you have 100 BTC and can decide to either keep them or sell them but the origin of the Bitcoins is irrelevant.
legendary
Activity: 1148
Merit: 1018
We will reach $125 before the dump? Speculate
legendary
Activity: 2772
Merit: 1028
Duelbits.com
The battle of the walls, see who'll keep more nerves in our next episode or download special report for 14BTC only from our website  Grin
sr. member
Activity: 280
Merit: 250
Gox's banks are still closed until Monday

Tuesday actually. Monday is a bank holiday in Japan.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
Well, depends how much you can wait and what's your entry point... you'll be fine, you have mined your coins, he didn't, he bought them.

That's completely irrelevant.

That's like people at casino's betting big with their earlier winnings, losing it all and then stating it wasn't theirs to start with. Total bull shit.

Not sure if I understand good what you are trying to say, it happens sometimes as English is not my native language.

Goat will be pretty good if he just holds on loads of coins he mined, I strongly believe Bitcoin will be worth more in the future. If he doesn't sell anything or just small parts of it to support his lifestyle he'll still be fine. as he got his coins very cheap. His collection will be worth more or less during time but if he is happy with size of his collection and doesn't want to trade he'll be fine in long period.

member
Activity: 84
Merit: 10
People really need to give the China bullshit some thought. Absolutely nothing material has changed since that article aired. Gox's banks are still closed until *Tuesday and it's Saturday in China, too. It's not that simple to get millions of USD in fiat onto the exchanges.

Furthermore, the outright majority of Chinese people are destitute and impoverished. It's like ~600-700 Yuan for one BTC. The only people in China who can play the game are the affluent, and the affluent are all connected to the CCP: http://www.forbes.com/2011/09/14/china-rich-lists-opinions-contributors-john-lee.html

We saw _one_ sell off as a result of the Coinlab v. Gox lawsuit. _One_ dip into the 80s that didn't even last two hours, and that suit can outright destroy the world's only high volume BTC exchange. But for this pile of shit spat out of the CCP's Propaganda Ministry, people lose their sense of reason thinking that within hours of it airing that it switches the state of affairs from bear to bull.

Outright retarded. Humans are trivial to play.
newbie
Activity: 56
Merit: 0
Seems like we are already back to reality. 107 and falling  Huh

See that 3k ask wall at $111? That's to make sure it doesn't bounce back. That's from a person(s) who have spent a lot of coins pushing the price down and they haven't bought back in yet. So they're not going to let the price rally until they do buy back in. From my rough calculations, they need to price to at least get to $65. They've sold a ton of coins sub $100 and if they turn around and just start buying right now it's unlikely they'd break even at best.

When you stop seeing that obvious consolidation after dumps, and of course stop seeing coin dumps into every rally, then you know we're headed back up. Until then, it's just mini rallies that will be dealt with swiftly, punishment turns out to be like 5k coins dumped all once.  Wink

thanks for pointing this out to me.
legendary
Activity: 2324
Merit: 1125
Well, depends how much you can wait and what's your entry point... you'll be fine, you have mined your coins, he didn't, he bought them.

That's completely irrelevant.

That's like people at casino's betting big with their earlier winnings, losing it all and then stating it wasn't theirs to start with. Total bull shit.
hero member
Activity: 686
Merit: 501
Stephen Reed


My highest ask at $104.5 got filled an hour ago, and the one day rally is still going.
SAQ
newbie
Activity: 56
Merit: 0
Nobody has idea where it is going, just be careful guys. 4k dump and it's on 103. It went up with pretty low volume, it can change in minute.

The buying pressure seems intense.

I think we are going to hang around 110 - 115 for the next to hours then shoot another leg to 120.
hero member
Activity: 728
Merit: 501
CryptoTalk.Org - Get Paid for every Post!
Seems like we are already back to reality. 107 and falling  Huh

See that 3k ask wall at $111? That's to make sure it doesn't bounce back. That's from a person(s) who have spent a lot of coins pushing the price down and they haven't bought back in yet. So they're not going to let the price rally until they do buy back in. From my rough calculations, they need to price to at least get to $65. They've sold a ton of coins sub $100 and if they turn around and just start buying right now it's unlikely they'd break even at best.

When you stop seeing that obvious consolidation after dumps, and of course stop seeing coin dumps into every rally, then you know we're headed back up. Until then, it's just mini rallies that will be dealt with swiftly, punishment turns out to be like 5k coins dumped all once.  Wink
legendary
Activity: 2772
Merit: 1028
Duelbits.com
under 100$ we go, reptelia in deep shit again.

long term i think he (and all btc holders) and going to be more than very fine...



Well, depends how much you can wait and what's your entry point... you'll be fine, you have mined your coins, he didn't, he bought them. Some of them, including the trade with you, at not really bargain price. We're still far away of certain Bitcoin huge success, crashes are perfectly possible and when you have lot of money blocked at lower prices for some longer period it starts to be tricky Wink

He is on unlimited money though so his other business won't suffer  Cheesy Shocked
legendary
Activity: 1400
Merit: 1000
I owe my soul to the Bitcoin code...
If you really want to throw a monkey wrench into my thinking about our current trend have the price break 150 again. That will cause all kinds of speculation shenanigans.
legendary
Activity: 1792
Merit: 1111
by the way - btcchina.com is not even reachable from within China without VPN or proxy.

FUD? This is the first time I've ever heard this
legendary
Activity: 1600
Merit: 1014
by the way - btcchina.com is not even reachable from within China without VPN or proxy.

Edit: just tried - it seams to work again
legendary
Activity: 2772
Merit: 1028
Duelbits.com
Lot of people bought in 90s, you could expect they'll take a profit of 15 per coin in still very unstable market.
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