I'm still thinking it's going to be a very very heavy sell off. I don't know man, just got this tickling feeling in my tummy. 
+1
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33640. (Read 26496233 times)
May 08, 2013, 03:58:25 PM
+1
May 08, 2013, 03:46:56 PM
Are we pretending more than 10% of the buy "support" under $100 is real? If so, why?
Because 250k coins were purchased during the testing of $50, and another 100k coins during the recent testing of $80? And this is only the amount purchased in the few hours directly surrounding these lows.
And we are certain that the majority of those coins were not purchased by the bots who removed their walls crashing the market in the first place?
Wait, we're certain that there are bots who removed the walls and crashed the market? Lets examine that a little more first.
As a member of the GoxBot collective I do not need to examine this any further. We know.
OMG Skynet!
May 08, 2013, 03:41:38 PM
Are we pretending more than 10% of the buy "support" under $100 is real? If so, why?
Because 250k coins were purchased during the testing of $50, and another 100k coins during the recent testing of $80? And this is only the amount purchased in the few hours directly surrounding these lows.
And we are certain that the majority of those coins were not purchased by the bots who removed their walls crashing the market in the first place?
Wait, we're certain that there are bots who removed the walls and crashed the market? Lets examine that a little more first.
As a member of the GoxBot collective I do not need to examine this any further. We know.
May 08, 2013, 03:41:23 PM
I have updated my recent analysis (I can see why you guys have so much fun with this line drawing business)
While the tone is rather playful
, the general gist of the above chart holds some weight in my opinion
While the tone is rather playful
, the general gist of the above chart holds some weight in my opinionit does ... +1
May 08, 2013, 03:40:16 PM
Are we pretending more than 10% of the buy "support" under $100 is real? If so, why?
Because 250k coins were purchased during the testing of $50, and another 100k coins during the recent testing of $80? And this is only the amount purchased in the few hours directly surrounding these lows.
And we are certain that the majority of those coins were not purchased by the bots who removed their walls crashing the market in the first place?
Wait, we're certain that there are bots who removed the walls and crashed the market? Lets examine that a little more first.
May 08, 2013, 03:36:23 PM
The support is more fragile than it appears because the bots remove the walls when things start to fall. The resistance upwards is greater it than appears because the bots do not place buy orders until they decide to purchase.
This is basic stuff that you learn the first day after assimilation.
Resistance is futile. Give your money to the bots now and walk away, or lose more over the long haul.
This is basic stuff that you learn the first day after assimilation.
Resistance is futile. Give your money to the bots now and walk away, or lose more over the long haul.
May 08, 2013, 03:33:25 PM
Elaborate, please.
It was a joke. No one knows.
I suppose my smiley usage was less skillful than I thought...
May 08, 2013, 03:31:13 PM
Are we pretending more than 10% of the buy "support" under $100 is real? If so, why?
Because 250k coins were purchased during the testing of $50, and another 100k coins during the recent testing of $80? And this is only the amount purchased in the few hours directly surrounding these lows.
And we are certain that the majority of those coins were not purchased by the bots who removed their walls crashing the market in the first place?
Yes.
Elaborate, please.
May 08, 2013, 03:30:58 PM
Gosh I'm here just for the charts with lines. By all means keep them coming. 
Me too, I appreciate everyone's insights and information on this thread, that's why I'm here. That and the fact that you're all such fun to hang out with too of course! May 08, 2013, 03:29:54 PM
Are we pretending more than 10% of the buy "support" under $100 is real? If so, why?
Because 250k coins were purchased during the testing of $50, and another 100k coins during the recent testing of $80? And this is only the amount purchased in the few hours directly surrounding these lows.
And we are certain that the majority of those coins were not purchased by the bots who removed their walls crashing the market in the first place?
Yes.
May 08, 2013, 03:29:25 PM
Gosh I'm here just for the charts with lines. By all means keep them coming.
Me too, I appreciate everyone's insights and information on this thread, that's why I'm here. That and the fact that you're all such fun to hang out with too of course! May 08, 2013, 03:28:18 PM
Are we pretending more than 10% of the buy "support" under $100 is real? If so, why?
Because 250k coins were purchased during the testing of $50, and another 100k coins during the recent testing of $80? And this is only the amount purchased in the few hours directly surrounding these lows.
And we are certain that the majority of those coins were not purchased by the bots who removed their walls crashing the market in the first place?
May 08, 2013, 03:27:22 PM
I have updated my recent analysis (I can see why you guys have so much fun with this line drawing business)
You should mention that the support is a multi-months support. I would then print your analysis and pin it above my bed.
May 08, 2013, 03:23:52 PM
Are we pretending more than 10% of the buy "support" under $100 is real? If so, why?
May 08, 2013, 03:16:24 PM
Bitcoinity is back up and running
I wonder if that's more than a coincidence with the unchanging nature of the 3d chart. I'm thinking I may need to upgrade from using the HTTP API.
May 08, 2013, 03:15:50 PM
Gentlemen, brace yourselves.
Based on the charts that are posted we go through that point every 4 hours. We'll be fine.
I apologize, I wouldn't want to disturb the total lack of action in this thread.
Gosh I'm here just for the charts with lines. By all means keep them coming.
Edit: Also 14k BTC until $120, still really steep for $6. Bids are starting to pile up but I think we hover around here for the next while.
May 08, 2013, 03:14:44 PM
I'm still thinking it's going to be a very very heavy sell off. I don't know man, just got this tickling feeling in my tummy.
I hope you're right. I've got bid orders at the ready. If you're wrong, I'll just have to make a student loan payment.
I'm thinking it's going to be much more severe than many others here think though. People are looking at $80-$90, I actually got orders set at $40-$60.
I could very well be wrong though, no guarantees.
May 08, 2013, 03:12:33 PM
Gentlemen, brace yourselves.
It's closing on the 11th. isn't it?
depends on who is drawing it
and which chart/data is used
edit: i was prepared for a false breakout
hope it won't be in the wrong direction
btw, what a bad timing for the triangle with the weekend ahead
May 08, 2013, 03:10:24 PM
Bitcoinity is back up and running
May 08, 2013, 03:07:25 PM
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