Bitcoin Forum

Other => Archival => Topic started by: ianbakewell on August 14, 2012, 03:48:39 AM



Title: Re: Wall Observer - MtGoxUSD wall movement tracker
Post by: ianbakewell on August 14, 2012, 03:48:39 AM
*shrug*

A market dump of those 10k coins currently walled up at 12.20, would only bring us down to 11.60

I doubt it'll scare anyone off. Bulls are hungry right now, solid gradual grind up and some decent support for a dump.

60k coin dump required now for us to hit 10, that'll eat a big player no problem :)

its not about scaring people

its about competing to sell large amounts of over priced bitcoins

and it just got a hole lot hard to sell above 12.20

If I had the leverage you do I would be forcing the bears down and out as well.
Sure, let them take profit, but at a lower price while I buy em up cheap  8) I get that.

Would suck balls if you get caught in the run tho ... out at 12.20 and back in at 13. lol.