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Author Topic: There are signs men are trying to push their luck at selling at a higher price.  (Read 1540 times)
Atlas (OP)
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October 07, 2012, 12:47:13 PM
Last edit: October 07, 2012, 01:57:24 PM by Atlas
 #1

I see it.

-A 253 BTC bidpusher here, bids above appear; the wall is gone.

-People build up asks in the 100s of BTC to 12.04. These were bought rather quickly despite continued asks of this kind.

-Every major sell comes with a buy that reeks of desperation.

What does this mean? Some men need to sell higher soon to make a bigger buck. A decline is coming.

I remain convinced the sentiment remains bearish in face of yesterday's affairs. We are heading into Fall and Winter where Bitcoin sales are slower. GLBSE has closed down which served as a somewhat vibrant mining marketplace. There is legal uncertainty in the air.

Bear is the game for the moment and it will probably continue into the week.

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Atlas (OP)
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October 07, 2012, 01:09:44 PM
Last edit: October 07, 2012, 01:52:41 PM by Atlas
 #2

More hints of desperation. There is an artificial 100 BTC bidpusher at this moment. Artificial buys, ludicrous buys up to 12.20. These are all desperate attempts to sell higher by certain daytraders.

These men have no concept of a poker face.
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October 07, 2012, 01:43:56 PM
 #3

Wait... artificial... 100 BTC... wall? I'm not sure I can follow.

Market movements do sometimes look like someone is trying to catch drops early, which could be to stop (delay?) panic selling. But I couldn't tell whether this is intentional or just impatient people trading, or bots that have been programmed to be a little too trigger-happy.
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October 07, 2012, 01:50:54 PM
 #4

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Atlas (OP)
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October 07, 2012, 01:52:25 PM
 #5

100 BTC speck*

Specks add up.
BitcoinINV
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October 07, 2012, 01:52:49 PM
 #6

Lots of this is done by bots do not forget that factor.

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October 08, 2012, 03:42:22 AM
 #7

...
What does this mean? Some men need to sell higher soon to make a bigger buck. A decline is coming.
...


Super impressed with your remote penis detection abilities Atlas!  (who needs grindr?)

Actually I suspect your use of this language is a deliberate troll at this: https://bitcointalk.org/index.php?topic=32386.0
.. or perhaps it was just talk like a toff day? :/


@electricwings   BM-GtyD5exuDJ2kvEbr41XchkC8x9hPxdFd
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October 08, 2012, 07:13:11 AM
 #8

Are you being serious
Atlas (OP)
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October 08, 2012, 08:10:05 AM
 #9

Are you being serious
I was when I wrote this post and it proved to be accurate.
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this space intentionally left blank


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October 08, 2012, 08:33:51 AM
 #10

...yesterdays affairs?
i missed something.


what was it?
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I'd fight Gandhi.


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October 08, 2012, 08:44:03 AM
 #11

It's going to drop a little lower. But wait until banks start clearing Tuesday. People are going to be buying up at the low price. Which isn't bad for investors, since their coin will be worth double by January.

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October 08, 2012, 09:38:01 AM
 #12

...yesterdays affairs?
i missed something.


what was it?

Nefario clusterfuck?
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