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Question: Will the 10k BTC WALL AT $12.20 move if it gets eaten into?  (Voting closed: August 15, 2012, 03:44:15 AM)
yes - 29 (61.7%)
no - 18 (38.3%)
Total Voters: 47

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Author Topic: [SHORT-TERM POLL] 10k BTC WALL AT $12.20 moves if gets eaten into  (Read 2119 times)
smoothie (OP)
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August 14, 2012, 03:44:15 AM
 #1

I say yes...pure manipulation to try and keep the price down.

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. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.                  History of Monero development Visualization ★☆ .
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oakpacific
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August 14, 2012, 03:56:44 AM
 #2

Still, a real rally should have the momentum to break this dam even if it's real.

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cheat_2_win
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August 14, 2012, 03:58:18 AM
 #3

I think the wall will be bought. At that has been the trend so far after the recovery from $2.00.
adamstgBit
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August 14, 2012, 04:00:44 AM
 #4

I think the wall will be bought. At that has been the trend so far after the recovery from $2.00.

and if its not, will you sell then?

cheat_2_win
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August 14, 2012, 04:06:55 AM
 #5

I think the wall will be bought. At that has been the trend so far after the recovery from $2.00.

and if its not, will you sell then?

I might sell some just to buy right back at the dip Smiley .
Serge
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August 14, 2012, 04:11:46 AM
 #6

I think the wall will be bought. At that has been the trend so far after the recovery from $2.00.

and if its not, will you sell then?

you don't think Bitcoin is on a path to new highs?  where does all this demand come from that's been driving price up past two month, think it is just a speculation by existing players moving it up?
WikileaksDude
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August 14, 2012, 04:15:06 AM
 #7

I think the wall will be bought. At that has been the trend so far after the recovery from $2.00.

and if its not, will you sell then?

you don't think Bitcoin is on a path to new highs?  where does all this demand come from that's been driving price up past two month, think it is just a speculation by existing players moving it up?

ur right, pure speculation.
smoothie (OP)
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August 14, 2012, 04:22:07 AM
 #8

Still, a real rally should have the momentum to break this dam even if it's real.

Uhh yeah it will...what you are talking about is the momentum of a bubble rally.

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███████████████████████████████████████

. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.                  History of Monero development Visualization ★☆ .
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oakpacific
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August 14, 2012, 04:27:27 AM
 #9

Still, a real rally should have the momentum to break this dam even if it's real.

Uhh yeah it will...what you are talking about is the momentum of a bubble rally.

A large buy order comes in and wipes out the wall, Mt.Gox halts for a while and reopens after confirming everything, the price goes down a bit, then slowly progresses to a new level....haven't we seen this several times already?

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
Serge
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August 14, 2012, 04:30:44 AM
 #10

I think the wall will be bought. At that has been the trend so far after the recovery from $2.00.

and if its not, will you sell then?

you don't think Bitcoin is on a path to new highs?  where does all this demand come from that's been driving price up past two month, think it is just a speculation by existing players moving it up?

ur right, pure speculation.

speculation driven by existing players had us stable at around $5 for almost half a year.  there is new interest and demand coming to the market
adamstgBit
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August 14, 2012, 04:47:38 AM
 #11

I think the wall will be bought. At that has been the trend so far after the recovery from $2.00.

and if its not, will you sell then?

you don't think Bitcoin is on a path to new highs?  where does all this demand come from that's been driving price up past two month, think it is just a speculation by existing players moving it up?

ur right, pure speculation.

speculation driven by existing players had us stable at around $5 for almost half a year.  there is new interest and demand coming to the market

their has been more demand.

why do you think the price has been rising

now if you think the new money that flowed into bitcoin justifies the high price, you haven't been paying attention.

the correction is going to happen, sooner or later...

Serge
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August 14, 2012, 05:07:40 AM
 #12

I think the wall will be bought. At that has been the trend so far after the recovery from $2.00.

and if its not, will you sell then?

you don't think Bitcoin is on a path to new highs?  where does all this demand come from that's been driving price up past two month, think it is just a speculation by existing players moving it up?

ur right, pure speculation.

speculation driven by existing players had us stable at around $5 for almost half a year.  there is new interest and demand coming to the market

their has been more demand.

why do you think the price has been rising

now if you think the new money that flowed into bitcoin justifies the high price, you haven't been paying attention.

the correction is going to happen, sooner or later...

yeah everyone sitting eagerly waiting to hit the sell button lol. there certainly will be a correction, but you maybe taken for a surprise, if you haven't noticed market isn't shaken into panic easily lately - correction may be not all at once trying to sell but gradually, the same way as a smart buyer would not dump large amount of $$$ all at once in to the asks. sometimes market evolves out of old patterns. in any case i welcome those who think the price is overvalued and sell =)
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August 14, 2012, 05:16:21 AM
 #13

i welcome those who think the price is overvalued and sell =)

here here! a toast to you all!

I'm selling great Minion Games like The Manhattan Project, Kingdom of Solomon and Venture Forth at 4% off retail starting June 2012. PM me or go to my thread in the Marketplace if you're interested.

For Settlers/Dominion/Carcassone etc., I do email gift cards on Amazon for a 5% fee. PM if you're interested.
adamstgBit
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August 14, 2012, 05:22:14 AM
 #14

I think the wall will be bought. At that has been the trend so far after the recovery from $2.00.

and if its not, will you sell then?

you don't think Bitcoin is on a path to new highs?  where does all this demand come from that's been driving price up past two month, think it is just a speculation by existing players moving it up?

ur right, pure speculation.

speculation driven by existing players had us stable at around $5 for almost half a year.  there is new interest and demand coming to the market

their has been more demand.

why do you think the price has been rising

now if you think the new money that flowed into bitcoin justifies the high price, you haven't been paying attention.

the correction is going to happen, sooner or later...

yeah everyone sitting eagerly waiting to hit the sell button lol. there certainly will be a correction, but you maybe taken for a surprise, if you haven't noticed market isn't shaken into panic easily lately - correction may be not all at once trying to sell but gradually, the same way as a smart buyer would not dump large amount of $$$ all at once in to the asks. sometimes market evolves out of old patterns. in any case i welcome those who think the price is overvalued and sell =)

i think we will see one or two falling knives.

once a bearish trend as been revealed, we'll see a falling knife to 9

and once the market sees the support at 9 is getting thin....

another few weeks of denial, and we'll be on our way.

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August 14, 2012, 05:34:38 AM
 #15

that would be awesome, I mean who wouldn't mind snipping those $9 bitcoins now?)
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August 14, 2012, 06:10:28 AM
 #16

I think the wall will be bought. At that has been the trend so far after the recovery from $2.00.

and if its not, will you sell then?

you don't think Bitcoin is on a path to new highs?  where does all this demand come from that's been driving price up past two month, think it is just a speculation by existing players moving it up?

ur right, pure speculation.

speculation driven by existing players had us stable at around $5 for almost half a year.  there is new interest and demand coming to the market

their has been more demand.

why do you think the price has been rising

now if you think the new money that flowed into bitcoin justifies the high price, you haven't been paying attention.

the correction is going to happen, sooner or later...

yeah everyone sitting eagerly waiting to hit the sell button lol. there certainly will be a correction, but you maybe taken for a surprise, if you haven't noticed market isn't shaken into panic easily lately - correction may be not all at once trying to sell but gradually, the same way as a smart buyer would not dump large amount of $$$ all at once in to the asks. sometimes market evolves out of old patterns. in any case i welcome those who think the price is overvalued and sell =)

i think we will see one or two falling knives.

once a bearish trend as been revealed, we'll see a falling knife to 9

and once the market sees the support at 9 is getting thin....

another few weeks of denial, and we'll be on our way.

I think I have found a perfect trading strategy. Just sell whenever Adam turns into a bull and buy whenever he turns into a bear.  Cheesy
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August 14, 2012, 06:57:44 AM
 #17

Kevin rose just tweeted about Coinbase (kinda late for is followers though). So BUY BUY BUY will move the wall.
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August 14, 2012, 07:10:54 AM
 #18

Kevin rose just tweeted about Coinbase (kinda late for is followers though). So BUY BUY BUY will move the wall.
whoa, pimping coinbase to +1.3 million followers
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August 14, 2012, 07:12:37 AM
 #19

Adam  Roll Eyes
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August 14, 2012, 07:18:18 AM
Last edit: August 14, 2012, 07:31:45 AM by ruski
 #20

I don't want to reveal my method, but I'd bet triple what I've currently got in BTC that wall will come down if the price gets too close. I doubt anyone will even get the chance to eat into it, the way it's set up.

Maybe I will. Grin

Still, slowing the momentum of the rally is a good thing for the bulls. With enough fear to keep speculators and bots from buying like mad, the gains will be solid.

also, whoever wants the price down is digging themselves deeper into their own grave... are you reading?

Scared?

Wink



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