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Question: What happens next?
$7,500 - 45 (64.3%)
$9,500 - 25 (35.7%)
Total Voters: 70

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21434574 times)
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Frozenlock
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May 24, 2013, 04:35:50 PM
 #10661

Show me your best Choo Choo!
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May 24, 2013, 04:36:58 PM
 #10662

Show me your best Choo Choo!

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May 24, 2013, 04:37:12 PM
 #10663


If you notice, last week when people where screaming "rally", I said clearly it wasn't because I just didn't see any real momentum to push through and I was right.

Now, I look at this huge ask wall at Bitstamp and everyone seems confident.  There's no desperation to sell and people are holding their positions.  Add to that, nothing but good media coming out of the US, Canada (While apparently confused on what the law says) is backtracking from it's previous position against the banks.  DHS at least is pretending to only be focused on FinCEN violations, although I'm not convinced this is the end of it. But all in all, things are quite.  

That's either a really good sign of Bitcoin's continued resilience or a scary sign of rough times ahead.  Like I said, to me it's a coin flip but there's more positive than negative right now, from what I see.  That would lead me to believe we're going to see at least a small upswing, possibly as high as 130 sometime this week.  

That's my weekly prediction.  Shocked  


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May 24, 2013, 04:37:23 PM
 #10664

BOOM !
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May 24, 2013, 04:37:25 PM
 #10665

There goes the wall...
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May 24, 2013, 04:37:28 PM
 #10666

The walls are being bought into, not pulled as far as I can see.
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May 24, 2013, 04:37:54 PM
 #10667

130 nuff said
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May 24, 2013, 04:38:06 PM
 #10668

GONE!
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May 24, 2013, 04:38:29 PM
 #10669

All gone, and we have 130.5...  Smiley
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May 24, 2013, 04:38:43 PM
 #10670

The walls are being bought into, not pulled as far as I can see.

Correct. I haven't seen any big fake walls in awhile. Partly the reason rallies are going so slow, no one is pulling walls like the olden days.  Grin
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May 24, 2013, 04:39:19 PM
 #10671

Wow, this is great to watch live!

Looks like some big investors have decided to buy stealthily rather than 10,000 BTC @ market!
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May 24, 2013, 04:39:27 PM
 #10672

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May 24, 2013, 04:39:44 PM
 #10673

Clarkmoody noooooo!  Cry
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May 24, 2013, 04:39:48 PM
 #10674

The walls are being bought into, not pulled as far as I can see.

This is true  
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May 24, 2013, 04:41:32 PM
 #10675

we are now over 130, i am no longer going to wait to get my under $70 coins.



chooo chooo mother fucker

Same here. Bought.


Wish I had bought sooner though, I should stop being so pessimistic all the time. Sad
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May 24, 2013, 04:42:01 PM
 #10676

we are now over 130, i am no longer going to wait to get my under $70 coins.



chooo chooo mother fucker

It's not a rally until Goat shows up.  Grin
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May 24, 2013, 04:42:35 PM
 #10677

we are now over 130, i am no longer going to wait to get my under $70 coins.



chooo chooo mother fucker

What's it gonna be? Lambo or coins? Tongue
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May 24, 2013, 04:43:22 PM
 #10678

we are now over 130, i am no longer going to wait to get my under $70 coins.



chooo chooo mother fucker

What's it gonna be? Lambo or coins? Tongue

Shit he's probably buying coins FROM the Lambo.
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May 24, 2013, 04:45:53 PM
 #10679

we are now over 130, i am no longer going to wait to get my under $70 coins.



chooo chooo mother fucker

Glad I sold my PMs for moar bitcoins last week  Cheesy

(Inb4 terrible crash)
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May 24, 2013, 04:46:12 PM
 #10680

There is no reason for the sudden and dramatic rise in volume. Insider trading? My bet is that some traders have become aware of impending negative news regarding gox and want coins off the exchange. We've been on the edge since the Dwolla incident.
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