Have to think there are a lot of USD wires pending trying to chase this rally....
bingo |
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I expect to see a pullback this weekend. Profit taking, long US holiday weekend, etc.
$13.75 - $14.25 range by Monday.
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Smoothie, why so much lurking, no posting these days?  You have Smoothie on Ignore? Maybe I should rephrase: So much lurking, no posting... in speculation these days |
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Smoothie, why so much lurking, no posting these days? |
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There are more whales who not only read this thread, but post in it than you guys think.
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Final scoreLebing 1 Lucif 0  
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there has been upward pressure for awhile Adam, just look at the dumps that were tried and failed last month. Once those got burned out, its only natural that the upward pressure continued. The original reason for the pressure was wordpress + bitpay numbers.
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Can someone explain to me the concept of a "fake wall"?
For example, a big buyer wants to initiate a large position, but in this market, his buy order would easily move the Bitcoin price to $16 or more. So he uses his coins to create a fake wall at $15.72, it's a rather safe price that won't be reached in a hurry, but it puts up a barrier so all the sellers who wanted to sell at $16, will now sell below $15.72, because they think no way this 11000 wall is going to be eaten any time soon. So this big buyer gets to buy coins below $15.72, instead of buying at $16+ Oh so it's a fake sell so mr money bags can safely buy BTC? its far from safe, but yeah it manipulates some times. He got away this time, but soon enough someone is going to eat his lunch (that person might be me in a few months) |
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lol everyone is quiet in here while they are ferociously putting up sell walls
Oh ye of little faith!
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well lets see if Mr M can scare a few to get himself some more coins
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Adams probably right on this one. Stabilizing price over 15 followed by more bananas next tuesday.
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i dont think we will see any panic (selling) until we hit at least 17
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I see you finally bit the bullet Adam? |
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yep, i knew it. that wall was fake as hell
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I think we could see $5 or $7 in 2013.
Such confidence.  How many times do established users google "bitcoin"? Maybe if you looked at the integral of search volume you could find some rough correlation, but raw search volume vs. price is pretty useless. This. This graph is cumulative. It only helps over short periods to see spikes in newfound eyeballs. Theres no long term price correlation. |
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This has to be some guy hoping to get some more coins under 14.50
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I'd change it from a card to device or some other wording to ensure people dont think the optimal use for this is in person physical purchases. I could see it being useful as something that is locked up in your house like having a bank at home, but would be scared as hell to walk around with bitcoins stored only on a card.
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why not just use coinbase?
If you absolutely need anonymity, then localbitcoins is your best bet. No matter the OTC rating, you can never really be sure.
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