The MONSTERS Asicminer is selling their Bitcoin that is the main reasons the price drop!! This guys are centralized miner for their own benefit. Do not support this bunch of Monsters.
lolwut There was only 1 abnormally large sell [15k] The rest has been fear. |
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Does anyone else think that it is a little strange and inappropriate for a moderator of a bitcoin forum to be relentlessly campaigning against it? He isn't campaigning against bitcoin. He is saying he thinks the price is overvalued for now. Not only is he campaining against it he also spreads fud in a ridiculous way. Please don't give me this crap again how he is allowed to have an opinion. That has nothing to do with it. how he is still a mod here is beyond me. He hasnt been wrong yet. You want to hear everyone saying, "dogfacebird, you will have more fiat in the next few days!" Unfortunately the indicators didnt [at the point Blitz has been saying DOWNDOWNDOWN] say that. Personally I thought we hit the bottom at 84 or whatever yesterdays low was. Blitz didnt. Who was right? |
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60 in Euro terms
so what?
No one cares about the Euro. 80% of trading is USD. |
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I don't Think you know what "Long" means. That I bought most of my coins over $100 dollars and haven't sold any yet? A couple of 'sure things' for a BTC or two but overall, long. I'm very contrarian to this bear forum. Ouch. Well, at least you can be honest about it and not whine like dogfacebird. Not that my opinion means much, but I dont think this current drop will be held too long. Dont doubt that it will resume the fall later on though... |
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What? Why doesnt anyone like my Jaroslaw impersonations? I must be too professional.  |
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NO, Jaroslaw even tore that wall down to make that happen. Bitcoin is overvalued because they say so. Now Panicselling , please.
i wait just for bitcoins to arrive on gox. i will resume downtrend for all. sell now while i give you warning. |
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Starting to get some action.. right when I'm getting ready for bed  200 sell, 500 sell, 500 sell, 1k sell |
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Looks like only wallzirra jr was available  Come on, 500 coins on 90?! Thats the best we've got? YOU GUYS SUCK! What happened to the cool guys on the 24th? Where did all of them go? All of the buyers on that day are now at a loss. And the sellers... can buy back at quite a profit. |
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Seems as if price is recovering now - I guess 90 isn't a great psychological barrier.
I wouldn't conclude that yet. Give it 2-3 days. Looks pretty stable at 90 just now. Indeed, bitstamp catching up to MTGox and the amount of coins it would take to drop us to 80 would put us at 107$ BTC price. Market depth indication: Bullish. True, but lately market depth hasnt meant much. Most sellers are big players without ask walls. Most buys are in the bids. |
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Maybe mr. 89 bid wall was the same guy with the 94 ask? They disappear at the same time. Sorry guy, its gonna take more than a 2k bid wall to incite a rally. |
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Bids and asks are now both rapidly rising. Hoping to see some action now.
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Looks like the gap between MtGox and Bitstamp has pretty much been closed since today, only a $2 difference left now.
Im pissed. Dont be, some guy has been manipulating bitstamp up since yesterday. If Gox shows any signs of bearishness, it will fall hard. |
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From about 12hrs ago, bid sum is up nearly 1 million, and ask sum is unchanged.
Is it Dump O'clock yet? Me thinks not. What is the official day for the end of the USD hiatus? 2 days?
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Of course no one knows, thats not the point  I'm thinking 70-80. Anything below that would require some crazy panic, and if it reached that just on "OMG price is dropping" based panic, then it would be completely unsustainable. Right now, at ~$90, this is a "sustainable" drop, IMO. I cant see a big buy triggering us to go over $100 [unless the buy was massive], but I can imagine some big player taking a chunk of the 80s, and then sliding thru into the high 70s. The whole reason people didnt sell when $90 fell is that there was no depth, and people were smart enough not to take less than they could for their coins. But there are many people lined up and ready to sell if the opportunity arises, I think. |
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^lol wtf, i knew something looked funky on tradingview.
someone was dancing with their bids
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116k mother of bid walls on Bitrstamp @ 84
Things are starting to get interesting
lol, its only 1.5k. Unless it was previously 116k - but that would make no sense. You must be talking USD, in which case 116k isnt that much. We've seen 1500k walls on MtGox if you put it like that. |
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Well, I obviously don't have idea what's going to happen or I'd be millionaire already  but right now it's bearish pretty much. We'll see where it will end.. 85/86 walls are first line of defence now. I agree that it is very bearish. I expect resistance above $ 90, so so maybe next fall ... Im starting to worry we might see a wallzilla, from the bid end. I hope a seller surprises me |
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Would anyone be surprised to learn that the Winklevoss twins were almost solely responsible for pumping Bitcoin from single to triple digits with bid-walls?
No more surprised than to hear that they now want to cash out and realise that they can't Wouldn't it make more sense to take cash from the IPO to manipulate the price further before cashing out? They might have enough cash and coins to drive the price up and down at will. Yes, I already mentioned that, it's called propping up and it leads to insane volatility or more specifically flash crashes with crazy rallies in between. The IPO IS them cashing out. Yes they can use their own cash to manipulate the price prior to the IPO, but that would mean buying more coins, the very things they are trying to get rid of. A dangerous game, especially in what is looking more and more like a bear market. And very telling that they applied at time when the price was at the psychologically significant $100 mark. Smells of FEAR to me. Perhaps they are the reason for the gap between us and other exchanges right now as they try to prop up the price I wonder what would happen if they [or someone else] sold btc-e, bitstamp, and campBx all down to $0 at once.. Would Gox react? I think people would be in denial until people came on here and said, no here's proof of by $1.20 bid being filled! LOL |
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 GG, campBx now at $0.00 Someone dumped 2k coins there all the way to 0. Poor guy probably thought there was more depth. |
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1.25k buys on bitstamp and mtgox? Weird. Almost at the same time.
Bitstamp just lost like all of its ask depth xD
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