proudhon
Legendary
 Offline
Activity: 2198
Merit: 1311
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March 20, 2013, 04:03:23 PM |
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Looking at the order book history through btccharts.com, it looks like that large buy order that was at $30 it's the money that's currently being used to buy up the price and fill in the bids at $60+. As I said yesterday(?), the money on the bids side is getting exhausted now. Probably won't be long before the dramatic and long term correction occurs.
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Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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humanitee
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March 20, 2013, 04:08:54 PM |
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Looking at the order book history through btccharts.com, it looks like that large buy order that was at $30 it's the money that's currently being used to buy up the price and fill in the bids at $60+. As I said yesterday(?), the money on the bids side is getting exhausted now. Probably won't be long before the dramatic and long term correction occurs.
Come on. I'll give you a hint at what's being exhausted - it's not fiat.  |
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Minor Miner
Legendary
Offline
Activity: 2268
Merit: 1011
Be A Digital Miner
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March 20, 2013, 04:16:21 PM |
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Looking at the order book history through btccharts.com, it looks like that large buy order that was at $30 it's the money that's currently being used to buy up the price and fill in the bids at $60+. As I said yesterday(?), the money on the bids side is getting exhausted now. Probably won't be long before the dramatic and long term correction occurs.
You think? Usually markets trade based on supply and demand. Without a significantly liquid short market, supply is limited. With people sitting on their coins the free float is really limited. There is some short of natural demand (for people going to SR and the other places you can buy and some people hiding) but there are also factors that are temporarily pushing demand up. Think about that. |
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stereotype
Legendary
Offline
Activity: 1554
Merit: 1000
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March 20, 2013, 04:31:46 PM |
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Is that right 23,000 volume in the last 15mins?
hell yeah, that's correct  Well if i had a stable Gox order book, that would have been interesting to watch. Is everyone else having issues with clarkmoody data? |
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samson (OP)
Legendary
Offline
Activity: 2097
Merit: 1068
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March 20, 2013, 04:38:28 PM |
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Well if i had a stable Gox order book, that would have been interesting to watch. Is everyone else having issues with clarkmoody data?
Mine crapped out when the big buy got to about 10,000. I'm glad I kept my BTC now. |
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thebaron
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March 20, 2013, 05:32:41 PM |
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Every dumping result in an equivalent pumping/buying!  It takes awhile for the dumb bots to catch up and cancel their fake sell orders. |
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mr chong
Member
Offline
Activity: 78
Merit: 10
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March 20, 2013, 06:20:11 PM |
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Looking at the order book history through btccharts.com, it looks like that large buy order that was at $30 it's the money that's currently being used to buy up the price and fill in the bids at $60+. As I said yesterday(?), the money on the bids side is getting exhausted now. Probably won't be long before the dramatic and long term correction occurs.
I was starting to worry about the price going up so fast again but now we can all rest easy now that proudhon has spoken. 70 here we come!!! |
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deathcode
Copper Member
Sr. Member
Offline
Activity: 1428
Merit: 253
Eloncoin.org - Mars, here we come!
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March 20, 2013, 09:20:22 PM |
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Looking at the order book history through btccharts.com, it looks like that large buy order that was at $30 it's the money that's currently being used to buy up the price and fill in the bids at $60+. As I said yesterday(?), the money on the bids side is getting exhausted now. Probably won't be long before the dramatic and long term correction occurs.
Dude, please keep talking, it seems like every time you open your mouth the opposite happens! keep it up for a couple of months and we'll see $500 in no time!  thank you thank you! |
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████████▄▀████▀█████▄▄ | .
"I could either watch it
happen or be a part of it"
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mccorvic
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March 20, 2013, 09:25:06 PM |
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Looking at the order book history through btccharts.com, it looks like that large buy order that was at $30 it's the money that's currently being used to buy up the price and fill in the bids at $60+. As I said yesterday(?), the money on the bids side is getting exhausted now. Probably won't be long before the dramatic and long term correction occurs.
Dude, please keep talking, it seems like every time you open your mouth the opposite happens! keep it up for a couple of months and we'll see $500 in no time! thank you thank you! This has been the theme since BTC hit the $2 low. He talks, we win. I love it. |
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proudhon
Legendary
Offline
Activity: 2198
Merit: 1311
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March 20, 2013, 10:14:34 PM |
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Looking at the order book history through btccharts.com, it looks like that large buy order that was at $30 it's the money that's currently being used to buy up the price and fill in the bids at $60+. As I said yesterday(?), the money on the bids side is getting exhausted now. Probably won't be long before the dramatic and long term correction occurs.
Dude, please keep talking, it seems like every time you open your mouth the opposite happens! keep it up for a couple of months and we'll see $500 in no time! thank you thank you! This has been the theme since BTC hit the $2 low. He talks, we win. I love it. I'll happily carry the burden of nagle. This party is very probably close to being over. Everyone should probably prepare for a depressing several years. |
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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mccorvic
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March 20, 2013, 10:15:09 PM |
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I'll happily carry the burden of nagle. This party is very probably close to being over. Everyone should probably prepare for a depressing several years.
You keep using the word "probably". I don't think it means what you think it means. |
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klee
Legendary
Offline
Activity: 1498
Merit: 1000
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March 20, 2013, 10:15:32 PM |
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Looking at the order book history through btccharts.com, it looks like that large buy order that was at $30 it's the money that's currently being used to buy up the price and fill in the bids at $60+. As I said yesterday(?), the money on the bids side is getting exhausted now. Probably won't be long before the dramatic and long term correction occurs.
Dude, please keep talking, it seems like every time you open your mouth the opposite happens! keep it up for a couple of months and we'll see $500 in no time! thank you thank you! This has been the theme since BTC hit the $2 low. He talks, we win. I love it. I'll happily carry the burden of nagle. This party is very probably close to being over. Everyone should probably prepare for a depressing several years. Dude u r a genius! Honestly.. |
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oakpacific
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March 22, 2013, 08:37:07 AM |
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Looking at the order book history through btccharts.com, it looks like that large buy order that was at $30 it's the money that's currently being used to buy up the price and fill in the bids at $60+. As I said yesterday(?), the money on the bids side is getting exhausted now. Probably won't be long before the dramatic and long term correction occurs.
Dude, please keep talking, it seems like every time you open your mouth the opposite happens! keep it up for a couple of months and we'll see $500 in no time! thank you thank you! This has been the theme since BTC hit the $2 low. He talks, we win. I love it. I'll happily carry the burden of nagle. This party is very probably close to being over. Everyone should probably prepare for a depressing several years. Wow, a paid shill found a true friend in you, fucking worth it. Besides, stop your fearmongering, the reality is that people here are not going to feel depressed even if the market crashes, there will be more than enough time to cash out before the price finally stablizes, and nobody will be unhappy if they can take a handsome profit and buy back cheap bitcoins at the same time. |
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