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Topic: Wall Observer - MtGoxUSD wall movement tracker - page 629. (Read 1811606 times)

hero member
Activity: 784
Merit: 506
Why do people sell like stupid? Just because the price is comming to 30 usd?? There is no barrier... just the one in minds of weak people...
Then let them and take advantage of it if you've got the chance to buy more or just chill and let the market get on with it if you're not intending to do anything in a hurry.  Personally having been buying since October I have yet to experience what I'd call a proper sell-off.  If this carried on downwards for some distance for some time I think I'd be more confident in subsequent growth because the more this happens the more likely we are to shake off some weak hands, let some 'early adopter money' come into play (for those who had been waiting for the rally to peak before grabbing some $) and have the coin move more cheaply into stronger and newer hands Smiley

On the other hand if you just got some in order to make a BTC-only purchase then buy either quickly or wait!  It's not often you'll lose out by holding between exchanging and buying but now is one of those rare occasions.
legendary
Activity: 1096
Merit: 1067
I'll throw my best GUESS out there - pullback next week to $18-20 range followed by 8 week consolidation phase then a strong rally to $45-50 range.
legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
You can make real profit by letting Bitcoin grow and not by speculating against it... speculators are motherf...... Destroy everything on this world

Speculators tend to buy low and sell high, which stabilizes the price. If anything, Bitcoin has attracted too few speculators.

Good point, we exist by constantly attracting MORE speculators. Smiley
hero member
Activity: 501
Merit: 500
You can make real profit by letting Bitcoin grow and not by speculating against it... speculators are motherf...... Destroy everything on this world

Speculators tend to buy low and sell high, which stabilizes the price. If anything, Bitcoin has attracted too few speculators.
legendary
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
Why do people sell like stupid? Just because the price is comming to 30 usd?? There is no barrier... just the one in minds of weak people...
Ssssshht, they are selling cheap bitcoins, we should be happy, cheap bitcoins for us!
legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
You can make real profit by letting Bitcoin grow and not by speculating against it... speculators are motherf...... Destroy everything on this world

Welcome to bitcoin. I have a feeling you might find it to be a bit of a rough experience getting used to it.
member
Activity: 74
Merit: 10
You can make real profit by letting Bitcoin grow and not by speculating against it... speculators are motherf...... Destroy everything on this world
hero member
Activity: 763
Merit: 500
Why do people sell like stupid?
$$$ PROFIT $$$
member
Activity: 74
Merit: 10
Why do people sell like stupid? Just because the price is comming to 30 usd?? There is no barrier... just the one in minds of weak people...
legendary
Activity: 1862
Merit: 1114
WalletScrutiny.com
Adam, you feeling better about your bet?

its still a few days away, but ya i think my chances just got a whole lot better

What was the bet about? I don't feel like digging through 12000 posts.
donator
Activity: 2772
Merit: 1019
here's a screenshot-imgur-upload-script I use (consisting of 2 scripts)

That's cool.  Do you know if there's some way of getting it to upload images to my imgur account, rather than uploading them anonymously?  I think anonymous images get deleted eventually, so they'll disappear from the forum.

I tried this but failed. It should be possible. Maybe someone can look into this? I would also like that more than anon pix.
legendary
Activity: 2940
Merit: 1333
here's a screenshot-imgur-upload-script I use (consisting of 2 scripts)

That's cool.  Do you know if there's some way of getting it to upload images to my imgur account, rather than uploading them anonymously?  I think anonymous images get deleted eventually, so they'll disappear from the forum.
hero member
Activity: 784
Merit: 506
This is probably the beginning of the race for the doors.  Get your bitcoins ready everyone.
Thanks for turning up proudhon, it is right and proper that you are here to talk us through this Wink

I'm enjoying it both for the fun of it but also because I'm planning to buy another lump of bitcoin on Tuesday and all of a sudden there's a glimmer of hope I may be able to get them at a price a bit lower than what feels like a high price.  My reasoning and belief is that this is not a bubble and part of the growth and distribution of Bitcoin but buying in still 'feels' high.

In a constantly rising market the latest price always feels high. It will be "a bit lower" next week. If only I had a time machine... WAIT A MINUTE... you don't think it's a bubble? You could just buy now at prices "a bit lower" than next week then.

But I guess you're referring to a possible dip on the weekend? Well, might happen... maybe not.
Sorry for the lack of clarity.  The only reason I'm not buying now because I don't have access to the money till Tuesday.  I was laughing at myself really for allowing my 'feeling' of it being high, despite my reasoned belief that it is not high in the bigger picture, making my prospective purchase at around the all time high feel expensive.  So whatever happens I will buy Tuesday but it would be a bonus if this downward trend would continue, whether a weekend dip or just a bit of a sell off continued till after I'd bought.  Even if it's a longer and deeper sell off that I'd be buying into on the way down I'd be happy because it would not only satisfy my reasoned decision that 3x is a decent price but would also satisfy my 'feeling' of them being expensive.
legendary
Activity: 1904
Merit: 1002
Will lol if a dump session rolls in to another super resistive instabounce.

No... go down.  I wanna buy some more.
hero member
Activity: 1302
Merit: 502
Will lol if a dump session rolls in to another super resistive instabounce.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
sell your coins and buy this



make sure you get the light popcorn box, you'll be eating a lot of it.  Wink
legendary
Activity: 1222
Merit: 1016
Live and Let Live
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
I am very bullshit right now.

you just made my day
hero member
Activity: 728
Merit: 500
In cryptography we trust
legendary
Activity: 1904
Merit: 1002
Looks like 25k bitcoins now have to be bought back at a loss.

Time for the rebound. Hope some bears learned a lesson.

And thanks for the cheap coins.


I disagree.  We'll get one more good downdraft this time after the brief bounce, then I'll make my bimonthly dollar cost average purchase.  Good timing bears Smiley.

skip a month...

I will at least replenish what I sold for cash yesterday for $29.75.
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