Any inside info where the heck is this going? 
)
)Possibly a slight turnaround. I bought at 65. Bands indicate high volatility.
Topic: Wall Observer - MtGoxUSD wall movement tracker - page 4. (Read 1811577 times)
Possibly a slight turnaround. I bought at 65. Bands indicate high volatility.
how about a re-test of the old ath?
re-tests are common occurrence i stocks and comodities
all the frenzy didnt really allow for that and as we can see now it would better have happened much earlier
especially having in mind that "re-test of old ath" and "gap-close" are seen as "obligatory" by many chartists and investors and they bet their money on it often enough ...
lets see what happens but I think that 31,xx is where real lots off new money could be interested of stepping in/"putting a toe into the water" ...
I will "be waiting there" ...
(and if I would be short 31,90 would be my main target)
re-tests are common occurrence i stocks and comodities
all the frenzy didnt really allow for that and as we can see now it would better have happened much earlier
especially having in mind that "re-test of old ath" and "gap-close" are seen as "obligatory" by many chartists and investors and they bet their money on it often enough ...
lets see what happens but I think that 31,xx is where real lots off new money could be interested of stepping in/"putting a toe into the water" ...
I will "be waiting there" ...
(and if I would be short 31,90 would be my main target)
Interesting pattern I've noticed. It's been sort of bouncing downwards for the last 4 days. Is there a technical term for this sort of thing?
Uhh I don't wanna say, people might threaten to ignore me again.
Interesting pattern I've noticed. It's been sort of bouncing downwards for the last 4 days. Is there a technical term for this sort of thing?
Back down we go. Below $50 tonight?
Well BTC70k have to be sold to do it this time, as opposed to the BTC20k that the crash stopped at.
Wrong though. If it starts moving down, a lot of those orders will evaporate. Those popups on Bitcoinity are dangerous in manyways.
its actually the other way around, there's more depth than is displayed on the chart.
but keep dumping!
< sarcasm >
clearly there will be plenty of asks for everyone to buy back at bottom....
< /sarcasm >
Any inside info where the heck is this going? )
) 
Three words: Dead cat bounce.
Geez how many times can a dead cat bounce? I think he must have bounced at least 20 times already since the crash if we listen to the regular bears around here. Seems like the cat's quite alive and kicking to me.
zombie cat bouncing.
bitcoin u scary.
Zombie cat bounce?
Back down we go. Below $50 tonight?
Well BTC70k have to be sold to do it this time, as opposed to the BTC20k that the crash stopped at.
Wrong though. If it starts moving down, a lot of those orders will evaporate. Those popups on Bitcoinity are dangerous in manyways.
Back down we go. Below $50 tonight?
Well BTC70k have to be sold to do it this time, as opposed to the BTC20k that the crash stopped at.
Back down we go. Below $50 tonight?
http://www.dgcmagazine.com/the-old-radical-how-bitcoin-is-being-destroyed/
going down again?
no real rally yet?
how come?
going down again?
no real rally yet?
how come?
Weird to see a market down 74% in a few days being dumped on, but I guess everyone keeps their own council.
In other news, JP Morgan on the Gold Crash:
http://www.zerohedge.com/news/2013-04-16/overnight-sentiment-gold-rout-halted-now
Quote
Collapse represents “an extreme capitulation”
Investment case remains fundamentally unchanged
Investment case remains fundamentally unchanged
http://www.zerohedge.com/news/2013-04-16/overnight-sentiment-gold-rout-halted-now
I think what we've seen today is probably a good indication of what's to come...
Lots of people sitting on the sideline waiting to buy in at the slightest hint of the price moving up. Combined with manipulator's pumping..
And lots of people who bought in higher before/during the crash that as soon as the price hit's their break even point, sell. Combined with manipulator's dumping
Oh wait... A typical ol' market you mean ? Lots of people sitting on the sideline waiting to buy in at the slightest hint of the price moving up. Combined with manipulator's pumping..
And lots of people who bought in higher before/during the crash that as soon as the price hit's their break even point, sell. Combined with manipulator's dumping
I think what we've seen today is probably a good indication of what's to come...
Lots of people sitting on the sideline waiting to buy in at the slightest hint of the price moving up. Combined with manipulator's pumping..
And lots of people who bought in higher before/during the crash that as soon as the price hit's their break even point, sell. Combined with manipulator's dumping
Lots of people sitting on the sideline waiting to buy in at the slightest hint of the price moving up. Combined with manipulator's pumping..
And lots of people who bought in higher before/during the crash that as soon as the price hit's their break even point, sell. Combined with manipulator's dumping
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