Wow, lots of selling for a Monday...
If it goes anywhere near $50 I'm prepared to buy 5 figures of coins.
Topic: Wall Observer - MtGoxUSD wall movement tracker - page 30. (Read 1811568 times)
About to break the 24h low...
HOWEVER, a return to the exponential trendline at $70 may sound bad right now, but that same trendlime has us at $1,000 by September and $10,000 by Christmas.
Definitely!
I mean a couple weeks ago I was thrilled we broke $50. Now I'm all sour about it being under $200. Talk about ungrateful.
I got goxed on the wednesday crash when my market order which i was thinking will reach at approximately 190 was executed at 110. But when i looked at the calendar it break 100 only at the end of march, only 15 days ago. Besides that my buying price was 11 so still 1000% profit, of course I was mad about that stupid lag that cut my profits on the half, but is still something remarkable for a 6 month investment.
I was expecting another correction until 200 were heavy resistance would be found but it is harder and harder to go up.
But we never now what the future will be...
Remember that the exponential trendline since January (cutting out the post-Cyprus bubble) has the price at around $70 now, with support more like $50. We could easily go that low. I'm only going to start worrying if we get below $30.
HOWEVER, a return to the exponential trendline at $70 may sound bad right now, but that same trendlime has us at $1,000 by September and $10,000 by Christmas. Try not to hate on it too much
Patience.
HOWEVER, a return to the exponential trendline at $70 may sound bad right now, but that same trendlime has us at $1,000 by September and $10,000 by Christmas. Try not to hate on it too much
Patience.
I mean a couple weeks ago I was thrilled we broke $50. Now I'm all sour about it being under $200. Talk about ungrateful.
I bought some at 90, it had to go down few minutes later 
Bids becoming weaker and weaker.
Seeing pressure build up on the bid.
Monday rally has not yet appeared, very bearish sign. But I'll wait until Wednesday afternoon to really decide it's going far down.
I don't know if that has been posted yet...
This thread is such a goldmine and wealth of information. Thank you all who contribute! xD
It's gotta stop soon, hasn't it?
Bear's Innuendo: Terrific Cash Out Is Near
People are much more aware of a crash now than 2011. Maybe all the weak hands have sold already.
I hope we are bottoming out @90 or even breaking out upwards.
I hope we are bottoming out @90 or even breaking out upwards.
Remember that the exponential trendline since January (cutting out the post-Cyprus bubble) has the price at around $70 now, with support more like $50. We could easily go that low. I'm only going to start worrying if we get below $30.
HOWEVER, a return to the exponential trendline at $70 may sound bad right now, but that same trendlime has us at $1,000 by September and $10,000 by Christmas. Try not to hate on it too much
Patience.
HOWEVER, a return to the exponential trendline at $70 may sound bad right now, but that same trendlime has us at $1,000 by September and $10,000 by Christmas. Try not to hate on it too much
Patience.
Graphs moving slowly to left..
Ok, speculators, here's a twitter post for you to speculate on, this mention by Libertarian Party twitter is sure to result in a $50 increase over the next 2 days...
Ok, now that we've got the laughs out of the way -
As for price, confidence was severely shaken by the tumble. You are right that a lot of people are waiting for a couple "big fish" to start a rally before they jump in, because they simply don't know how low it's going to go.
If you were a big fish, and you even wanted to attempt to inspire a rally (with a large purchase) in these circumstances, chances are you would wait till Tuesday-Wednesday when there was a lot more fiat sitting there (some bank transfers will arrive Monday, some Tuesday, etc.)
Just a thought. Of course, who knows what will happen
Ok, now that we've got the laughs out of the way -
As for price, confidence was severely shaken by the tumble. You are right that a lot of people are waiting for a couple "big fish" to start a rally before they jump in, because they simply don't know how low it's going to go.
If you were a big fish, and you even wanted to attempt to inspire a rally (with a large purchase) in these circumstances, chances are you would wait till Tuesday-Wednesday when there was a lot more fiat sitting there (some bank transfers will arrive Monday, some Tuesday, etc.)
Just a thought. Of course, who knows what will happen
What worries me the most is that it is Monday, fiat has entered the system and prices should have started to rise by now. Instead we are slowly going down..
there have been mondays when it was very slow ..
i think people are just sitting their waiting for the price to stabilize.. so Am I
if some big fish suddenly buys a lot.. all want back in ..
if some big fish massivly dumps coins.. all want to sell.. if they are still holding coins after the big (crash/correction).
but looking at trend over the year.. we are still in bullish trend.. in my oppinion
i wanne buy.. but i need a big fish to start it up again
there must be a lot of cash flowing.. all who sold at +200$ are sitting on massive fiat funds..they can buy realy cheap now
hint hint heheHeh, yeah. When the price goes up, everyone rushes to buy. When the price grows down, everyone rushes to sell. When the price is kinda-sorta-doing nothing, nobody knows what the fuck to do.
so true...
the chart look good, i'm seeing a lot of volume when their is a small push down, everything is just fine
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