Topic: Wall Observer - MtGoxUSD wall movement tracker - page 1185. (Read 1811605 times)
So far so good. Only $43k left of the wall at $6 and there is no selling pressure whatsoever. It's going to be a close one.
We got a new high of $5.98. The wall at $6 is looking fragile. Price at major EUR exchanges is actually over $6, which puts some pressure as well. We'll see what happens. If $6 holds we'll ping pong back to $5.8 to test that one again.
I'm wondering about the invisible wall at 6... the psychological one
Paradox!
there is no psychological wall at 6, its all in your head man.
I'm wondering about the invisible wall at 6... the psychological one
wooo
uh...guys
we just broke 5.95
we just broke 5.95
yup. sitting at 5.966 currently. yay!
uh...guys
we just broke 5.95
we just broke 5.95
I don't think that there is any cooling off in the horizon. We're taking a breather now and volatility will continue soon. That's what I think, anyway. The chilling out period is over.
man, breaking through $6 is gonna be a while i coming if that order holds.
There's a lot more resistance at $6 than what you see on the order book. My guess is things are going to cool off for a few weeks (maybe even months), and the price will drift down.
right, the order to 6$ is about 15,000 BTC high, that's less then 1 days volume
in a week we'll see where we really stand. my guess sub 6$ will not hold for long.
A day's orders includes buys into the asks and sells into the bids, so it isn't as if if a days volume is greater than 15,000BTC then the price will push past $6. Also, my point is that we see 15,000BTCs on the order book, but there are likely (and apparently, from observing the past day or so) lots of people with plenty of bitcoin on hand to sell in the current price range and into any standing bids people put up. I think sub $6 is going to hold for longer than people think. The price might poke through a time or to, as it did coming up to $5 (for the 3rd time), but it's not likely to last. Not only do I think the odds are good this does happen, I hope it does. I hope we sit around here for months, the rest of the year even.
Yes i understand that 15,000 BTC vol. dosnt mean we jump to 6
.most buying and selling happens on the front lines which are constantly being sold, bought, and replaced.
We can't use the walls to know how many bitcoins are on the sell side or buy side.
How many times will the sell orders of 5.9 be bought and replaced? no one knows
BUT!
say someone start DUMPING coins on a massive scale, we reach 0.50cents and the rebound starts, I would say anything under 4$ is gold! and we are likely to rebound higher then the start price of the sell off.
Because bitcoin is a pyramid, but it is a fair pyramid because the guy at the top is a tyrant, and right below him theirs 10 guys looking to take his place no matter what the cost
HA but that in your pipe and smoke it, lol
man, breaking through $6 is gonna be a while i coming if that order holds.
There's a lot more resistance at $6 than what you see on the order book. My guess is things are going to cool off for a few weeks (maybe even months), and the price will drift down.
right, the order to 6$ is about 15,000 BTC high, that's less then 1 days volume
in a week we'll see where we really stand. my guess sub 6$ will not hold for long.
A day's orders includes buys into the asks and sells into the bids, so it isn't as if if a days volume is greater than 15,000BTC then the price will push past $6. Also, my point is that we see 15,000BTCs on the order book, but there are likely (and apparently, from observing the past day or so) lots of people with plenty of bitcoin on hand to sell in the current price range and into any standing bids people put up. I think sub $6 is going to hold for longer than people think. The price might poke through a time or to, as it did coming up to $5 (for the 3rd time), but it's not likely to last. Not only do I think the odds are good this does happen, I hope it does. I hope we sit around here for months, the rest of the year even.
man, breaking through $6 is gonna be a while i coming if that order holds.
There's a lot more resistance at $6 than what you see on the order book. My guess is things are going to cool off for a few weeks (maybe even months), and the price will drift down.
right, the order to 6$ is about 15,000 BTC high, that's less then 1 days volume
in a week we'll see where we really stand. my guess sub 6$ will not hold for long.
man, breaking through $6 is gonna be a while i coming if that order holds.
There's a lot more resistance at $6 than what you see on the order book. My guess is things are going to cool off for a few weeks (maybe even months), and the price will drift down.
man, breaking through $6 is gonna be a while i coming if that order holds.
resent rise in price is holding, bitcoin has never looked so sexy
Buy a mac laptop for the hardware, then remove the OS
Or buy an ASUS...
Or buy an ASUS...
The transformer is very tempting for toting to class.... a bit small, but it's hard to beat 10 hours of battery for the price and weight.
Buy a mac laptop for the hardware, then remove the OS
Or buy an ASUS...
Or buy an ASUS...
It would be fine on my desktop, but I spend more time on a laptop these days 
.
.Liquidate some of your bitcoins and buy one of these.
I do need to get a laptop for when I start back to school, but I don't know about a Mac. I could put Linux on it, and the retina display would be nice, but after I was forced into an iPhone for a previous job (they decided they wanted an iPhone app half way through the project) I developed a strong distaste for everything Apple. I suppose most of my complaints are with the poor software quality and lockdown/lockin policies though, so maybe it would be okay after I blow away OSX.
It would be fine on my desktop, but I spend more time on a laptop these days .
.Liquidate some of your bitcoins and buy one of these.
It would be fine on my desktop, but I spend more time on a laptop these days .
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