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what to do about 'dat $48.20 wall
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Topic: what to do about 'dat $48.20 wall (Read 1252 times)
paulie_w
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what to do about 'dat $48.20 wall
March 10, 2013, 01:27:58 AM
#1
any ideas?
mccorvic
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Re: what to do about 'dat $48.20 wall
March 10, 2013, 01:29:40 AM
#2
It'll melt away magically as we get closer.
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oakpacific
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Re: what to do about 'dat $48.20 wall
March 10, 2013, 01:31:03 AM
#3
Quote from: mccorvic on March 10, 2013, 01:29:40 AM
It'll melt away magically as we get closer.
Or get eaten away, what's 500 thousand dollars when you have seen several $5M days already?
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bitcoinBull
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rippleFanatic
Re: what to do about 'dat $48.20 wall
March 10, 2013, 02:16:09 AM
#4
Pull it and replace with a staircase. Then watch the price climb.
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Rothgar
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Re: what to do about 'dat $48.20 wall
March 10, 2013, 02:50:02 AM
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What to do about that $48.20 wall?
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zby
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Re: what to do about 'dat $48.20 wall
March 10, 2013, 09:39:53 AM
#6
It is evacuated to 49.98 - looks like it's a fake.
lebing
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Re: what to do about 'dat $48.20 wall
March 10, 2013, 10:38:24 AM
#7
Quote from: zby on March 10, 2013, 09:39:53 AM
It is evacuated to 49.98 - looks like it's a fake.
Well, i'm surprised.
Bro, do you even blockchain?
-E Voorhees
zby
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Re: what to do about 'dat $48.20 wall
March 10, 2013, 10:48:52 AM
#8
Quote from: lebing on March 10, 2013, 10:38:24 AM
Quote from: zby on March 10, 2013, 09:39:53 AM
It is evacuated to 49.98 - looks like it's a fake.
Well, i'm surprised.
I am a bit - there is not much probability that it would be bought in one chunk - and a failed attack would only generate additional profit for the wall keeper as it would bounce deeply.
BitcoinAshley
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Re: what to do about 'dat $48.20 wall
March 10, 2013, 01:47:20 PM
Last edit: March 10, 2013, 02:04:17 PM by BitcoinAshley
#9
Well after pushing close to 50, we retreated back to the low forties for a little while, just hanging out there, biding our time. And of course there was some interesting volatility.
Now we're back up to the late 40s and tomorrow is Monday when a bit of fiat will hit the exchanges.
The wall will be like us eating our wheaties for breakfast Monday morning and we will break $50 this week.
Says me.
blackreplica
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Re: what to do about 'dat $48.20 wall
March 10, 2013, 01:53:24 PM
#10
I don't think this is gonna be an easy wall to jump over. The sheer quantity put on the asks is astonishing. It would take a massive scale of demand (or,most likely, a pull down of the wall by the people who put it up) for the price to even approach 50.
We need 10,760 BTC just to get to 48.60. Come monday the walls might move closer to 50 but we'd need real good news or demand for the wallmasters to let the price run above 50
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lebing
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Re: what to do about 'dat $48.20 wall
March 10, 2013, 01:59:13 PM
#11
Quote from: blackreplica on March 10, 2013, 01:53:24 PM
I don't think this is gonna be an easy wall to jump over. The sheer quantity put on the asks is astonishing. It would take a massive scale of demand (or,most likely, a pull down of the wall by the people who put it up) for the price to even approach 50.
We need 10,760 BTC just to get to 48.60. Come monday the walls might move closer to 50 but we'd need real good news or demand for the wallmasters to let the price run above 50
10k wall? pffft. Every one of those days was over 100k BTC volume. The walls just make the slippage less and therefore more attractive for the buyers.
Bro, do you even blockchain?
-E Voorhees
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