That wall at stamp at $838 should remember what happened to the 3k $144 wall few months ago (it was there the whole night and price didn't even sliped for a bit).
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IMO the whale who bought some 4k - 5k coins on Gox managed to transfer his coins to Bitstamp, and has a 2k sell wall there.
Not true. The wall was there even before buying.
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Edwar, sounds like you dumped your coins early and being left out.
Are you trying to look for comfort? I can pad your back for 1 BTC.
Not looking for comfort but honestly a stable price.Since that time I have more fiat dollars and am in a position to invest some of it. May invest in some non-bitcoin investments that require bitcoin and don't want to take a loss when bitcoin comes crashing down. How can anyone says that he wants stable price - not possible. Bitcoin logical limits are somewhere between $0 and $1M. Now tell me the right price that everyone will be comfortable buying and selling for months.
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Based on responses here. It seems most people are simply not buying. I am very surprised that the price is holding so high when most people think that $800 is too high to buy.
I personally bought .01 bitcoins as a test recently. But I wouldn't call that buying. Probably even less people are selling. We had huge publicity, some serious money is coming our way that holds no coins at the moment. We are not growing because of these 0.1 BTC buys in these thread.
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The final bull trap. This will end in tears. Lot's of newbs and rich folk will be left holding the bag tomorrow morning.
Sure, bears will end in tears.
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Anyone expecting 3k buy up to $850?
Wasn't me. Really. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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If the price does not drop then we are coming closer to the vertical on the S-curve.
We are not even in the begining of the S.
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lets go to mars now ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) It's coming right back down. You can buy all the peak coins you want but you can't "create" buying pressure, when there genuinely isn't any. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Do not underestimate panic buyers... ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Anyone expecting 3k buy up to $850?
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Blitz will soon be right again - no tripple digits in 2013. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Someones cashing out before it crashes ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) Cashing out dollars, right? Coins silly Cant't see coin crash coming but dollars one.
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Someones cashing out before it crashes ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) Cashing out dollars, right?
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Haha this must be really touchy for panic sellers at $770. They were even able to feel good for a minute or two. However, very surprising. ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif)
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Good signal for small swinging, you were right. I hope the signal wasn't luck.
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I really shouldn't discuss my observations as they're making me a ton of money, but I'll give you this one:
Every time the Gox order book shows sufficient depth on the buying side, Bitstamp makes a run after Gox' price, like in the last 20 minutes.
Last 20 minutes? Stamp is almost at gox prices for last three days and growing all the time quite fast.
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But there will be a correction at some point before the party resumes again...
We already had one few days ago at these prices. There might be a small one still, but who really cares... If you believe it will go up, this has nothing to do if we go a bit down before.
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Just take a look at the order book on Bitstamp.
a mountain of 'Asks' and a thin strip of 'bids'. Been like this since last night yet the price keeps rising.
Surely something has to give here and a good near term correction is on its way?
The mountain of asks is probably for people wanting cheap coins. Since bitcoin keeps going up, there will be no bids unless people want to cash. Why cash out in a positive trend? Yes fiat will have to give someday ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Take a look again what is ask and what is bid in the order book.
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422 coin buy on stamp.. wooo that guy is feeling bullish
1k+. There will be ATH at stamp in a seconds.
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Good morning, take a seat please. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fvotlina.com%2Fpics%2F20215.jpg&t=663&c=VHFvHGshVCGheA)
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Have a BEAR SEAT. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fvotlina.com%2Fpics%2F20215.jpg&t=663&c=VHFvHGshVCGheA)
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