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Title: 328 @ 450 Post by: minerpart on April 06, 2014, 08:56:52 PM 328 btc just bought on Bitstamp at $450.
This could be the first order of some big money coming into BTC. We have potentially seen our third bottom at $415 and are now on the way back up to 1k and beyond. What do you think? IS 328 a big order? I don't watch volume only candles. Also the 8HR wall at 465 - what is that all about? Low volume manipulation? Title: Re: 328 @ 450 Post by: fonzie on April 06, 2014, 09:11:24 PM They have been sold into an existent buy order. WeŽll probably continue our downtrend soon. Money is leavin and not enterin the market.
Check out the bid depth on Bitstamp or Ratio. http://www.cryptocoincharts.info/orderbook.php?pair=btc-usd&market=bitstamp Title: Re: 328 @ 450 Post by: y3804 on April 06, 2014, 09:15:23 PM 328 btc just bought on Bitstamp at $450. This could be the first order of some big money coming into BTC. We have potentially seen our third bottom at $415 and are now on the way back up to 1k and beyond. What do you think? IS 328 a big order? I don't watch volume only candles. Also the 8HR wall at 465 - what is that all about? Low volume manipulation? To 1K and beyond? Title: Re: 328 @ 450 Post by: gentlemand on April 06, 2014, 09:21:47 PM As far as I can tell the orders that number in the thousands are what excite people. A few hundred certainly isn't to be sniffed at though.
Title: Re: 328 @ 450 Post by: minerpart on April 06, 2014, 09:28:51 PM They have been sold into an existent buy order. WeŽll probably continue our downtrend soon. Money is leavin and not enterin the market. Check out the bid depth on Bitstamp or Ratio. http://www.cryptocoincharts.info/orderbook.php?pair=btc-usd&market=bitstamp OK thanks I didn't see the book during the 8Hr's of action at $465. To be honest the open order book doesn't interest me. The big boys will be using instant execution, an open book is only ever going to show small-time/amateur play. Money leaves the market until it doesn't. I'm looking for the signs that it's coming back. Edit - having said that maybe the book is worth a look - around 10 Bids for a total of 800BTC at $445-$450 levels ( a few 100BTC orders). So someone it seems is putting at least 200kUSD on us having seen the bounce. Title: Re: 328 @ 450 Post by: spiderbrain on April 06, 2014, 10:00:28 PM 328 isn't very much, second market has been buying them in the 1000s, when it is buying. The lows so far have ben quite low volume, so there's probably a little lower to go before we get this out of our system. After that we get get back to the rocket ship.
Title: Re: 328 @ 450 Post by: minerpart on April 06, 2014, 10:12:17 PM With the previous 1HR engulf north and a good rejection of $450 we should be seeing a re-test of $465 in the next couple of hours. This will be very interesting. If it breaks, we are on our way to $500 atleast.
Title: Re: 328 @ 450 Post by: galbros on April 06, 2014, 11:41:00 PM While it is good there was a buyer at 450 there was also a seller. So while volume is good I don't see this being too meaningful.
Title: Re: 328 @ 450 Post by: -droid- on April 07, 2014, 12:33:05 AM While it is good there was a buyer at 450 there was also a seller. So while volume is good I don't see this being too meaningful. Exactly, every buyer means theres a seller Title: Re: 328 @ 450 Post by: cosmofly on April 07, 2014, 12:43:00 AM 328 btc just bought on Bitstamp at $450. This could be the first order of some big money coming into BTC. We have potentially seen our third bottom at $415 and are now on the way back up to 1k and beyond. What do you think? IS 328 a big order? I don't watch volume only candles. Also the 8HR wall at 465 - what is that all about? Low volume manipulation? 328 btc is nothing, i thought u were a senior here wtf ? Title: Re: 328 @ 450 Post by: Bit_Happy on April 07, 2014, 01:51:04 AM The Rally! will be huge, it just takes time to get started.
If BTC keeps falling the rally will be that much bigger.......Learn from history. Title: Re: 328 @ 450 Post by: chessnut on April 07, 2014, 02:23:14 AM this happens every day. but it's not bearish I guess...
Title: Re: 328 @ 450 Post by: zzojar on April 07, 2014, 04:43:03 PM Just watch fiatleak for 5 minutes, and you'll realize 328 is relatively small. The Chinese are exchanging 300+ every 10 minutes or so.
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