Topic: Wall Observer - MtGoxUSD wall movement tracker - page 1143. (Read 1811709 times)

It'll accelerate. There are more bitcoin for sell on MtGox now than there have been for a while. The price has gone up a lot in the past couple months and lots of people want to cash out apparently. I think we could go into the 5s.

Oh you are so bullish, I think we will go to the 4's! Grin

You sold, right?

Yeah... at 8.50, 8.75, and at 9.00, do you think I shouldn't have?

he thinks you should be able to buy back at ~~4.xx~~ 5.xx

Hold on to that USD, it could be worth something one day Kiss

Yuhfhrh

full member

Activity: 238

Merit: 100

Quote from: adamstgBit on July 24, 2012, 06:56:28 PM

It'll accelerate. There are more bitcoin for sell on MtGox now than there have been for a while. The price has gone up a lot in the past couple months and lots of people want to cash out apparently. I think we could go into the 5s.

Oh you are so bullish, I think we will go to the 4's! Grin

You sold, right?

Yeah... at 8.50, 8.75, and at 9.00, do you think I shouldn't have?

smoothie

legendary

Activity: 2492

Merit: 1491

LEALANA Bitcoin Grim Reaper

Quote from: smoothie on July 24, 2012, 06:45:08 PM

Quote from: adamstgBit on July 24, 2012, 06:40:04 PM

Quote from: adamstgBit on July 24, 2012, 05:57:56 PM

people want to cash-out but they do not place an ask to allow the top price to rise as much as possible
now that a top price has been clearly identify everyone is placing their asks.

what they dont see is if they all get their asks bought out the price wont go down... it will keep going up! Why? Because this is a false top.

its ironic that a bear (pirate) has unknowingly layout this epic bear trap

Bear trap? Perhaps when we hit the $7 range anyone selling there may get trapped...

when trying to move 100,000 coins, Its easy to get yourself trapped.

I'm sorry ...were we still talking about pirate?

ya the guy that dumped 100,000 coins from 9.20 to 7.60

he trapped himself.

and all you lemmings are fallowing him off the cliff, thinking hes going to save you.

TAKE YOUR BITCOIN PROFITS

No just so we are clear I have no faith in pirate at all.

adamstgBit

legendary

Activity: 1904

Merit: 1038

Trusted Bitcoiner

Quote from: smoothie on July 24, 2012, 06:45:08 PM

Quote from: adamstgBit on July 24, 2012, 06:40:04 PM

Quote from: adamstgBit on July 24, 2012, 05:57:56 PM

people want to cash-out but they do not place an ask to allow the top price to rise as much as possible
now that a top price has been clearly identify everyone is placing their asks.

what they dont see is if they all get their asks bought out the price wont go down... it will keep going up! Why? Because this is a false top.

its ironic that a bear (pirate) has unknowingly layout this epic bear trap

Bear trap? Perhaps when we hit the $7 range anyone selling there may get trapped...

when trying to move 100,000 coins, Its easy to get yourself trapped.

I'm sorry ...were we still talking about pirate?

ya the guy that dumped 100,000 coins from 9.20 to 7.60

he trapped himself.

and all you lemmings are fallowing him off the cliff, thinking hes going to save you.

TAKE YOUR BITCOIN PROFITS

smoothie

legendary

Activity: 2492

Merit: 1491

LEALANA Bitcoin Grim Reaper

Quote from: adamstgBit on July 24, 2012, 06:40:04 PM

Quote from: adamstgBit on July 24, 2012, 05:57:56 PM

people want to cash-out but they do not place an ask to allow the top price to rise as much as possible
now that a top price has been clearly identify everyone is placing their asks.

what they dont see is if they all get their asks bought out the price wont go down... it will keep going up! Why? Because this is a false top.

its ironic that a bear (pirate) has unknowingly layout this epic bear trap

Bear trap? Perhaps when we hit the $7 range anyone selling there may get trapped...

when trying to move 100,000 coins, Its easy to get yourself trapped.

I'm sorry ...were we still talking about pirate?

adamstgBit

legendary

Activity: 1904

Merit: 1038

Trusted Bitcoiner

Quote from: adamstgBit on July 24, 2012, 05:57:56 PM

people want to cash-out but they do not place an ask to allow the top price to rise as much as possible
now that a top price has been clearly identify everyone is placing their asks.

what they dont see is if they all get their asks bought out the price wont go down... it will keep going up! Why? Because this is a false top.

its ironic that a bear (pirate) has unknowingly layout this epic bear trap

Bear trap? Perhaps when we hit the $7 range anyone selling there may get trapped...

when trying to move 100,000 coins, Its easy to get yourself trapped.

smoothie

legendary

Activity: 2492

Merit: 1491

LEALANA Bitcoin Grim Reaper

Quote from: adamstgBit on July 24, 2012, 05:57:56 PM

people want to cash-out but they do not place an ask to allow the top price to rise as much as possible
now that a top price has been clearly identify everyone is placing their asks.

what they dont see is if they all get their asks bought out the price wont go down... it will keep going up! Why? Because this is a false top.

its ironic that a bear (pirate) has unknowingly layout this epic bear trap

Bear trap? Perhaps when we hit the $7 range anyone selling there may get trapped...

adamstgBit

legendary

Activity: 1904

Merit: 1038

Trusted Bitcoiner

people want to cash-out but they do not place an ask to allow the top price to rise as much as possible
now that a top price has been clearly identify everyone is placing their asks.

what they dont see is if they all get their asks bought out the price wont go down... it will keep going up! Why? Because this is a false top.

its ironic that a bear (pirate) has unknowingly layout this epic bear trap

proudhon

legendary

Activity: 2198

Merit: 1311

Look at the depth to $10 a week or so ago.

Look at it now.

We're not going to break $10 for a long time. My guess is we're going to see the same sort of multi-month correction we saw after January's high.

sadpandatech

hero member

Activity: 504

Merit: 500

Quote from: adamstgBit on July 24, 2012, 05:25:35 PM

It'll accelerate. There are more bitcoin for sell on MtGox now than there have been for a while. The price has gone up a lot in the past couple months and lots of people want to cash out apparently. I think we could go into the 5s.

Oh you are so bullish, I think we will go to the 4's! Grin

You sold, right?

KILL THE BEAR!!!!

and the better question is, did you sell? And can you prove it?

I still have an undisclosed amount of USD that has cleared and more clearing. I am confident up to prices previously stated.

Though, I cannot deny that huge resistance has been building on both sides of the fence over the last 24 hours. My personal gut feeling is that there will be some down play here over the next few days. *hedge engaged*

You sold, right?

did you?

*high fives Adam*

adamstgBit

legendary

Activity: 1904

Merit: 1038

Trusted Bitcoiner

It'll accelerate. There are more bitcoin for sell on MtGox now than there have been for a while. The price has gone up a lot in the past couple months and lots of people want to cash out apparently. I think we could go into the 5s.

Oh you are so bullish, I think we will go to the 4's! Grin

You sold, right?

did you?

proudhon

legendary

Activity: 2198

Merit: 1311