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Author Topic: Dam breach at 97.99  (Read 1120 times)
Spekulatius (OP)
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April 14, 2013, 07:34:31 PM
 #1

Ok,ok we are not there yet, but IF we get to it, be sure to dip a little deeper.
What target? I would go for 80$/฿.

If we can withstand however, this support should turn into a launch pad in the coming days and weeks, with all that recent interest people will start a new bubble in no time if you ask me, this time exceeding 260$ easily Wink
NikolaTesla
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April 14, 2013, 07:37:40 PM
 #2

Given the $1 million buy wall at 90, there's no way we're going to 80 mate Smiley
But I do agree with the second half of your post.
Spekulatius (OP)
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April 14, 2013, 07:45:12 PM
 #3

Given the $1 million buy wall at 90, there's no way we're going to 80 mate Smiley
But I do agree with the second half of your post.

Lol, what did I say?

I dont see any 1M$ BUY wall anywhere btw. Must have vanished buddy;)
Thats just how it goes with walls chap, they come and go like dust in the wind.
ManBearPig
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April 14, 2013, 07:46:43 PM
 #4

Given the $1 million buy wall at 90, there's no way we're going to 80 mate Smiley
But I do agree with the second half of your post.

Seconded.

Without the lag panic, I'm nowhere near as concerned.

I tweet crypto nonsense: https://twitter.com/DunningKruger_
ManBearPig
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April 14, 2013, 07:47:40 PM
 #5

Given the $1 million buy wall at 90, there's no way we're going to 80 mate Smiley
But I do agree with the second half of your post.

Lol, what did I say?

I dont see any 1M$ BUY wall anywhere btw. Must have vanished buddy;)
Thats just how it goes with walls chap, they come and go like dust in the wind.

The $2.23M wall at $80 didn't budge.

And I LOVE that Clark Moody now convert to USD on the wall hover Smiley

I tweet crypto nonsense: https://twitter.com/DunningKruger_
cloon
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April 14, 2013, 08:03:47 PM
 #6

Given the $1 million buy wall at 90, there's no way we're going to 80 mate Smiley
But I do agree with the second half of your post.

Lol, what did I say?

I dont see any 1M$ BUY wall anywhere btw. Must have vanished buddy;)
Thats just how it goes with walls chap, they come and go like dust in the wind.

The $2.23M wall at $80 didn't budge.

And I LOVE that Clark Moody now convert to USD on the wall hover Smiley

there is a ~2963 BTC order at 80 USD
2963*80 USD=237'040 USD

ten times lower than 2 mil...
where do you see a 2 million wall?

donations to 13zWUMSHA7AzGjqWmJNhJLYZxHmjNPKduY
NamelessOne
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April 14, 2013, 08:05:50 PM
 #7

Given the $1 million buy wall at 90, there's no way we're going to 80 mate Smiley
But I do agree with the second half of your post.

Lol, what did I say?

I dont see any 1M$ BUY wall anywhere btw. Must have vanished buddy;)
Thats just how it goes with walls chap, they come and go like dust in the wind.

The $2.23M wall at $80 didn't budge.

And I LOVE that Clark Moody now convert to USD on the wall hover Smiley

there is a ~2963 BTC order at 80 USD
2963*80 USD=237'040 USD

ten times lower than 2 mil...
where do you see a 2 million wall?

He means the accumulated bids from the current price all the way to 80.
proudhon
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April 14, 2013, 08:08:11 PM
 #8

The dam was the fear of selling people had on the way up.  It was breached by the events of the past few days.  The flood is the flood of bitcoins piling onto the order book right now, and it's eventually going overwhelm and consume the bids and bring the price to levels most people don't expect.

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.
gizmoh
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April 14, 2013, 08:15:10 PM
 #9

Shit dams draining USD now..92-ish

How Ripple Rips you: "The founders of Ripple Labs created 100 billion XRP at Ripple's inception. No more can be created according to the rules of the Ripple protocol. Of the 100 billion created, 20 billion XRP were retained by the creators, seeders, venture capital companies and other founders. The remaining 80 billion were given to Ripple Labs. Ripple Labs intends to distribute and sell 55 of that 80 billion XRP to users and strategic partners. Ripple Labs also had a giveaway of under 200 million XRP (0.002% of all XRP) via World Community Grid that was later discontinued.[29] Ripple Labs will retain the remaining 25 billion"
revans
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April 14, 2013, 08:16:47 PM
 #10

Those 'walls' are obvious market manipulations, and will be pulled the if the price gets to close to them. They are a bluff.
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April 14, 2013, 08:20:32 PM
 #11

Those 'walls' are obvious market manipulations, and will be pulled the if the price gets to close to them. They are a bluff.

It's too late for that now.
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