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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33558. (Read 26460963 times)

full member
Activity: 194
Merit: 100
Chewing on that wall, we all know that will be slowly eroded until it collapses. Where is the right spot to buy? The next wall if forming at 85...
hero member
Activity: 728
Merit: 500
The fact that Mt.Gox keeps lagging up to 50 seconds just by a single person doing fake mini trades is sort of hilarious in a very very sad way. Big investors must question themselves why they trust that website with anything...I can actually understand the dropping prices with all the shitty news these past 4 days. Sad

which is why seeing coinlab sue such a trainwreck of an exchange is so laughable.

http://www.reddit.com/r/Bitcoin/comments/1dmb4e/iaal_why_the_coinlab_v_mt_gox_lawsuit_is_hohum/
hero member
Activity: 658
Merit: 500
The fact that Mt.Gox keeps lagging up to 50 seconds just by a single person doing fake mini trades is sort of hilarious in a very very sad way. Big investors must question themselves why they trust that website with anything...I can actually understand the dropping prices with all the shitty news these past 4 days. Sad

which is why seeing coinlab sue such a trainwreck of an exchange is so laughable.
legendary
Activity: 2534
Merit: 2245
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
member
Activity: 84
Merit: 10
Bitcoin Mininode...and proud!
The fact that Mt.Gox keeps lagging up to 50 seconds just by a single person doing fake mini trades is sort of hilarious in a very very sad way. Big investors must question themselves why they trust that website with anything...I can actually understand the dropping prices with all the shitty news these past 4 days. Sad
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
It seems the buywall at 90 gonna get tested.
member
Activity: 87
Merit: 10
What happened to the 97 wall?

lol it got killed

Ye Ye, quick, buy a coin who's value is directly tied to bitcoin.
hero member
Activity: 728
Merit: 500
everyone sold off b4 the weekend, now they wait for lower prices

this.

Yet there is still little play downwards with very low volume going on.
I bet someone bought back in at 92-93 and now is shitting himself again. Wash, rinse, repeat.

Also everyone's fiat is still in the exchanges.
Expect rally on Sunday morning and subsequent dumps in few hours.
It will be a slaughtering game. The lucky ones will get more fiat for next round. Others will bleed. Wash, rinse, repeat.
hero member
Activity: 686
Merit: 501
Stephen Reed
It is getting quiet in my home office - no Clark Moody ding-ding-O-meter chattering away.

Despite the calm, I don't envy big money and their advisors that are holding maybe 25% losses in just three days, with a potential goxlag-blinded Black Monday sell off. That unfortunate group knows that the first one to sell gets the tastiest bids and the last one to sell books the biggest client loss. They cannot sell during the weekend without huge slippage.
 

That's why I immediately sold what I'd bought in the $80s when we went back over $90. One single whale dump will be enough to get things rolling downwards again.

Yes, but those very whales have been taking recent weekends off. On the other hand, if this is really the biggest and baddest capitulation of 2012, 2013 and probably all of 2014, then yes we could crash big this evening or this weekend.

Because I plan only one set of relatively low risk and highly profitable (should events unfold as planned) round-trip trades per capitulation, I really don't have to pay attention to the embedded day trading opportunities.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
What happened to the 97 wall?

lol it got killed

its over bitcoin is dieing, qulickly sell all your BTC and buy Feathercoins!
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
SAQ
newbie
Activity: 56
Merit: 0
What happened to the 97 wall?
hero member
Activity: 938
Merit: 500
CryptoTalk.Org - Get Paid for every Post!

Btw, this is the last day when we see $95 EVER, you can quote me on that.  Cool

And quoted.

Wonder if that will ever go explained, because I've seen $95 (and lower) now so many times in the last 24 hours....

Explanation ... he's full of shit and talking his book

He seemed fairly sure that if it hit 95 it would then drop to 73
sr. member
Activity: 560
Merit: 250
The amount of lag without any volume is ridiculous.  I hope Gox fixes the little exploit that was exposed on Reddit, now that everyone seems to be trying it.
full member
Activity: 123
Merit: 100
It is getting quiet in my home office - no Clark Moody ding-ding-O-meter chattering away.

Despite the calm, I don't envy big money and their advisors that are holding maybe 25% losses in just three days, with a potential goxlag-blinded Black Monday sell off. That unfortunate group knows that the first one to sell gets the tastiest bids and the last one to sell books the biggest client loss. They cannot sell during the weekend without huge slippage.
 

That's why I immediately sold what I'd bought in the $80s when we went back over $90. One single whale dump will be enough to get things rolling downwards again.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
wall is on the table, looks like dinner is served.
sr. member
Activity: 280
Merit: 250
sr. member
Activity: 560
Merit: 250
Gonna test the 90 wall?
hero member
Activity: 686
Merit: 501
Stephen Reed
It is getting quiet in my home office - no Clark Moody ding-ding-O-meter chattering away !

Despite the calm, I don't envy big money and their advisors that are holding maybe 25% losses in just three days, with a potential goxlag-blinded Black Monday sell off. That unfortunate group knows that the first one to sell gets the tastiest bids and the last one to sell books the biggest client loss. They cannot sell during the weekend without huge slippage.

A band-break at the bagholder's ball.
 
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Does anyone else think that volume has dropped off? If so then no wall-busting power until likely Monday.



That's what I'm seeing too.

everyone sold off b4 the weekend, now they wait for lower prices
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