Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33560.

dwdoc

legendary

Activity: 966

Merit: 1000

- - -Caveat Aleo- - -

Quote from: wonkytonky on May 30, 2013, 03:12:21 PM

Quote from: ineededausername on May 30, 2013, 02:53:57 PM

Quote from: ShroomsKit on May 30, 2013, 02:50:54 PM

Quote from: Piper67 on May 30, 2013, 02:44:47 PM

Quote from: Frozenlock on May 30, 2013, 02:43:42 PM

Holy selloff batman!

Or, holy shakedown

Still it amazes me how little it goes down.
A sell like this was enough for a drop to 110 dollars a while back...now it drops a few dollars. People don't panic anymore like they used to do.
Instead it seems people consider it a great opportunity to buy "cheap coins".
I could be wrong but that's the feeling i have.

I get that feeling too. Maybe it's because every panic has been beaten back so well. I still remember the panic to $98 being turned straight around back to >$110.

after a while.. the selloff game is getting boring..
i remember the day i started with bitcoin.. i'd be loosing my mind back then .. and panic selling .. and ofcourse.. loosing lots of coins lol

these days. it's like.. yawn.. whats next?..

i want a rally up.. i'm so bored... i cannot even short this selloff.. with lack on volume on ask side.

I assume by shorting you just mean selling btc. There is no vehicle for shorting the value of btc if you own none. Correct?

Frozenlock

sr. member

Activity: 434

Merit: 250

Will you panic if we break $126?

NamelessOne

legendary

Activity: 840

Merit: 1000

Quote from: dwdoc on May 30, 2013, 03:13:37 PM

30 day trend is still clearly up.

+! indeed! Grin

dwdoc

legendary

Activity: 966

Merit: 1000

- - -Caveat Aleo- - -

30 day trend is still clearly up.

ShroomsKit

hero member

Activity: 672

Merit: 500

Quote from: NamelessOne on May 30, 2013, 03:10:14 PM

Quote from: Frozenlock on May 30, 2013, 03:07:02 PM

Quote from: NamelessOne on May 30, 2013, 03:05:06 PM

Quote from: ElectricMucus on May 30, 2013, 03:02:39 PM

This needs an ask wall to work.

Yes, the 4k seller is just a weak hand or someone seriously gambling and hoping to cause a drop.

Well... it did drop Tongue

Yes, a drop created solely by the seller and completely useless to him unless it goes way further.

wonkytonky

sr. member

Activity: 411

Merit: 250

Quote from: ineededausername on May 30, 2013, 02:53:57 PM

Quote from: ShroomsKit on May 30, 2013, 02:50:54 PM

Quote from: Piper67 on May 30, 2013, 02:44:47 PM

Quote from: Frozenlock on May 30, 2013, 02:43:42 PM

Holy selloff batman!

Or, holy shakedown

Still it amazes me how little it goes down.
A sell like this was enough for a drop to 110 dollars a while back...now it drops a few dollars. People don't panic anymore like they used to do.
Instead it seems people consider it a great opportunity to buy "cheap coins".
I could be wrong but that's the feeling i have.

I get that feeling too. Maybe it's because every panic has been beaten back so well. I still remember the panic to $98 being turned straight around back to >$110.

after a while.. the selloff game is getting boring..
i remember the day i started with bitcoin.. i'd be loosing my mind back then .. and panic selling .. and ofcourse.. loosing lots of coins lol

these days. it's like.. yawn.. whats next?..

i want a rally up.. i'm so bored... i cannot even short this selloff.. with lack on volume on ask side.

NamelessOne

legendary

Activity: 840

Merit: 1000

Quote from: Rampion on May 30, 2013, 03:08:26 PM

Quote from: NamelessOne on May 30, 2013, 03:05:06 PM

Quote from: ElectricMucus on May 30, 2013, 03:02:39 PM

This needs an ask wall to work.

Yes, the 4k seller is just a weak hand or someone seriously gambling and hoping to cause a drop.

Or just someone that needed his $500k for a new cozy flat.

Should have sold slower if that was the case.

Its About Sharing

legendary

Activity: 1442

Merit: 1000

Antifragile

Quote from: ShroomsKit on May 30, 2013, 03:06:44 PM

Quote from: Arcas on May 30, 2013, 02:53:47 PM

Quote from: ShroomsKit on May 30, 2013, 02:50:54 PM

Quote from: Piper67 on May 30, 2013, 02:44:47 PM

Quote from: Frozenlock on May 30, 2013, 02:43:42 PM

Holy selloff batman!

Or, holy shakedown

Still it amazes me how little it goes down.
A sell like this was enough for a drop to 110 dollars a while back...now it drops a few dollars. People don't panic anymore like they used to do.
Instead it seems people consider it a great opportunity to buy "cheap coins".
I could be wrong but that's the feeling i have.

I would have thought the price would go up, considering that now it is impossible to withdraw fiat from MtGox.

Huh? Explain?

The thinking is that since people can't easily withdraw funds, they will buy Bitcoins and then just transfer them off (and maybe sell them at another exchange).

But that last point doesn't seem to be happening judging by the price since the news (selling part, buying part has happened I'd say).

NamelessOne

legendary

Activity: 840

Merit: 1000

Quote from: Frozenlock on May 30, 2013, 03:07:02 PM

Quote from: NamelessOne on May 30, 2013, 03:05:06 PM

Quote from: ElectricMucus on May 30, 2013, 03:02:39 PM

This needs an ask wall to work.

Yes, the 4k seller is just a weak hand or someone seriously gambling and hoping to cause a drop.

Well... it did drop Tongue

Yes, a drop created solely by the seller and completely useless to him unless it goes way further.

Piper67

legendary

Activity: 1106

Merit: 1001

Quote from: neutrinox on May 30, 2013, 03:06:32 PM

Quote from: Piper67 on May 30, 2013, 02:44:47 PM

Quote from: Frozenlock on May 30, 2013, 02:43:42 PM

Holy selloff batman!

Or, holy shakedown

Sorry about a noob question, but to what website should I go in order to easily see the amount of this big sell (and others)?

Try http://bitcoinity.org/markets

Arcas

hero member

Activity: 1036

Merit: 524

Quote from: ShroomsKit on May 30, 2013, 03:06:44 PM

Quote from: Arcas on May 30, 2013, 02:53:47 PM

Quote from: ShroomsKit on May 30, 2013, 02:50:54 PM

Quote from: Piper67 on May 30, 2013, 02:44:47 PM

Quote from: Frozenlock on May 30, 2013, 02:43:42 PM

Holy selloff batman!

Or, holy shakedown

Still it amazes me how little it goes down.
A sell like this was enough for a drop to 110 dollars a while back...now it drops a few dollars. People don't panic anymore like they used to do.
Instead it seems people consider it a great opportunity to buy "cheap coins".
I could be wrong but that's the feeling i have.

I would have thought the price would go up, considering that now it is impossible to withdraw fiat from MtGox.

Huh? Explain?

Sorry. Without verification I should have said.

Rampion

legendary

Activity: 1148

Merit: 1018

Quote from: NamelessOne on May 30, 2013, 03:05:06 PM

Quote from: ElectricMucus on May 30, 2013, 03:02:39 PM

This needs an ask wall to work.

Yes, the 4k seller is just a weak hand or someone seriously gambling and hoping to cause a drop.

Or just someone that needed his $500k for a new cozy flat.

ShroomsKit

hero member

Activity: 672

Merit: 500

Quote from: NamelessOne on May 30, 2013, 03:05:06 PM

Quote from: ElectricMucus on May 30, 2013, 03:02:39 PM

This needs an ask wall to work.

Yes, the 4k seller is just a weak hand or someone seriously gambling and hoping to cause a drop.

Or he needs to pay the rent.

For his castle.

Frozenlock

sr. member

Activity: 434

Merit: 250

Quote from: NamelessOne on May 30, 2013, 03:05:06 PM

Quote from: ElectricMucus on May 30, 2013, 03:02:39 PM

This needs an ask wall to work.

Yes, the 4k seller is just a weak hand or someone seriously gambling and hoping to cause a drop.

Well... it did drop Tongue

ShroomsKit

hero member

Activity: 672

Merit: 500

Quote from: Arcas on May 30, 2013, 02:53:47 PM

Quote from: ShroomsKit on May 30, 2013, 02:50:54 PM

Quote from: Piper67 on May 30, 2013, 02:44:47 PM

Quote from: Frozenlock on May 30, 2013, 02:43:42 PM

Holy selloff batman!

Or, holy shakedown

Still it amazes me how little it goes down.
A sell like this was enough for a drop to 110 dollars a while back...now it drops a few dollars. People don't panic anymore like they used to do.
Instead it seems people consider it a great opportunity to buy "cheap coins".
I could be wrong but that's the feeling i have.

I would have thought the price would go up, considering that now it is impossible to withdraw fiat from MtGox.

Huh? Explain?

neutrinox

full member

Activity: 182

Merit: 100

1MCKW9AkWj3aopC1aPegcZEf2fYNrhUQVf

Quote from: Piper67 on May 30, 2013, 02:44:47 PM

Quote from: Frozenlock on May 30, 2013, 02:43:42 PM

Holy selloff batman!

Or, holy shakedown

Sorry about a noob question, but to what website should I go in order to easily see the amount of this big sell (and others)?

NamelessOne

legendary

Activity: 840

Merit: 1000

Quote from: ElectricMucus on May 30, 2013, 03:02:39 PM

This needs an ask wall to work.

Yes, the 4k seller is just a weak hand or someone seriously gambling and hoping to cause a drop.

NamelessOne

legendary

Activity: 840

Merit: 1000

Quote from: Arcas on May 30, 2013, 02:53:47 PM

Quote from: ShroomsKit on May 30, 2013, 02:50:54 PM

Quote from: Piper67 on May 30, 2013, 02:44:47 PM

Quote from: Frozenlock on May 30, 2013, 02:43:42 PM

Holy selloff batman!

Or, holy shakedown

Still it amazes me how little it goes down.
A sell like this was enough for a drop to 110 dollars a while back...now it drops a few dollars. People don't panic anymore like they used to do.
Instead it seems people consider it a great opportunity to buy "cheap coins".
I could be wrong but that's the feeling i have.

I would have thought the price would go up, considering that now it is impossible to withdraw fiat from MtGox.

Wire transfers are pretty easy to use to withdraw fiat from MtGox.

ElectricMucus

legendary

Activity: 1666

Merit: 1057

Marketing manager - GO MP

This needs an ask wall to work.

ineededausername

hero member

Activity: 784

Merit: 1000

bitcoin hundred-aire

Quote from: ShroomsKit on May 30, 2013, 02:50:54 PM

Quote from: Piper67 on May 30, 2013, 02:44:47 PM

Quote from: Frozenlock on May 30, 2013, 02:43:42 PM

Holy selloff batman!

Or, holy shakedown

Still it amazes me how little it goes down.
A sell like this was enough for a drop to 110 dollars a while back...now it drops a few dollars. People don't panic anymore like they used to do.
Instead it seems people consider it a great opportunity to buy "cheap coins".
I could be wrong but that's the feeling i have.

I get that feeling too. Maybe it's because every panic has been beaten back so well. I still remember the panic to $98 being turned straight around back to >$110.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33560. (Read 26715517 times)