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Question: What happens next?
$7,500 - 56 (63.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21436147 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (129 posts by 23 users deleted.)
Ultraviolet
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May 24, 2013, 06:51:30 PM
 #10741

Last 9 H4 candles have been green.

Pretty bullish.
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May 24, 2013, 06:53:04 PM
 #10742

I'm happy with AM, but LTC honestly has been better to me, but not by much.

... and I guess you added CM to your portfolio recently. Wink


adamstgBit: blockchained.com

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May 24, 2013, 06:54:26 PM
 #10743

25k coins till 150?  Hmm , should we?  Grin
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May 24, 2013, 06:54:51 PM
 #10744

Last 9 H4 candles have been green.

Pretty bullish.

I haven't seen that many green candles in a row on H4 since forever. Also 4 green candles in a row on D1.
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May 24, 2013, 06:55:29 PM
 #10745

It's going up a bit too fast for my liking...


Also what is AM? I know LTC but AM?
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May 24, 2013, 06:56:36 PM
 #10746

seems like Gox is down to 50% of the market volume now
 Cool Cool
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May 24, 2013, 06:57:10 PM
 #10747

AM = AsicMiner shares I think.
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May 24, 2013, 06:57:44 PM
 #10748

AM = AsicMiner shares I think.

Oh...yes that would make sense.
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May 24, 2013, 07:10:44 PM
 #10749

the bid / ask sum must look ridiculous right now.

can someone post a pic idk where to get that one.

Your desires are orders

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May 24, 2013, 07:19:50 PM
 #10750

the bid / ask sum must look ridiculous right now.

can someone post a pic idk where to get that one.

Your desires are orders



yup bid / ask sum is at an all time high
i wouldn't worry about both bid sum and ask sum moving down together,  this is the result of mtgox losing significant market share
BitStamps is a good alternative ( is it US based? )
but i want to see coinLab come out with its super doper trading platform they have been talking about, I won't hold my breath.

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May 24, 2013, 07:29:32 PM
 #10751


yup bid / ask sum is at an all time high
i wouldn't worry about both bid sum and ask sum moving down together,  this is the result of mtgox losing significant market share
BitStamps is a good alternative ( is it US based? )
but i want to see coinLab come out with its super doper trading platform they have been talking about, I won't hold my breath.



This is the 15 day chart.   Check out the all time chart.   Bid/ask sum was higher for a lot of April, but then price was a lot higher too.   Still is nice to see it rising further and further above the current price.

The chart is found at http://www.blockchained.com/
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May 24, 2013, 07:29:59 PM
 #10752

As soon as there's a slight drop on Gox, Bitstamp absolutely shits itself. But when there's a big rise then Bitstamp just doesnt care.

 Huh
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May 24, 2013, 07:35:23 PM
 #10753

As soon as there's a slight drop on Gox, Bitstamp absolutely shits itself. But when there's a big rise then Bitstamp just doesnt care.

 Huh

Cause a lot of ppl are worried about all of gox's assets  getting frozen and price increases there being panic buying to transfer off.
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May 24, 2013, 07:37:45 PM
 #10754

As soon as there's a slight drop on Gox, Bitstamp absolutely shits itself. But when there's a big rise then Bitstamp just doesnt care.

 Huh

Cause a lot of ppl are worried about all of gox's assets  getting frozen and price increases there being panic buying to transfer off.

Really ? What people ?
KillaMarci
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May 24, 2013, 07:38:50 PM
 #10755

As soon as there's a slight drop on Gox, Bitstamp absolutely shits itself. But when there's a big rise then Bitstamp just doesnt care.

 Huh

Cause a lot of ppl are worried about all of gox's assets  getting frozen and price increases there being panic buying to transfer off.

There's definitely tension in the air. Lots of panic selling as soon as there's even a slight downturn on Gox...
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May 24, 2013, 07:39:59 PM
Last edit: May 24, 2013, 07:51:50 PM by BitcoinAshley
 #10756

Ok , let's hold the bulls a bit and be serious , with facts
NIKKEI is way higher than it was one month ago , even with the drop , ( not 12%) and currently is running green at +0.9%.

Let's not get into another Cyprus story

You think the NIKKEI can just drop >7% in one day and then recover the next day as if nothing has happened? Everyone has seen how much the stock market is built on hot air and how unstable it is, we have definitely not seen the last of this dip.


NIKKEI wall observer thread  Grin

edit: I agree with Miz4r. NIKKEI 225 is not bitcoin, niothor. 7% swings are not routine; in fact, they are quite alarming in the current market environment. Bitcoin behaves like a penny stock so it's OK to pass off huge swings by saying "Oh it's still higher than it was a month ago." The NIKKEI is what we call a "real world market" with "big boys" and "real companies" and "real exchanges that don't suck" Wink Not as simple as just ignoring a 7% dump like we can do with bitcoin.
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May 24, 2013, 07:40:59 PM
 #10757

As soon as there's a slight drop on Gox, Bitstamp absolutely shits itself. But when there's a big rise then Bitstamp just doesnt care.

 Huh

I wouldn't call a $1-2 drop shitting themselves. MtGox dropped by $2 dollars as well so fast and twitchy fingers on Bitstamp will sell immediately to make a quick buck. Besides it takes more fiat to drive up the price on Bitstamp than it takes bitcoins to drive the price down. Bid side is pretty thin close to the market price.
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May 24, 2013, 07:41:13 PM
 #10758

As soon as there's a slight drop on Gox, Bitstamp absolutely shits itself. But when there's a big rise then Bitstamp just doesnt care.

 Huh

Cause a lot of ppl are worried about all of gox's assets  getting frozen and price increases there being panic buying to transfer off.

There's definitely tension in the air. Lots of panic selling as soon as there's even a slight downturn on Gox...

Not on Gox there isn't
KillaMarci
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May 24, 2013, 07:44:32 PM
 #10759

As soon as there's a slight drop on Gox, Bitstamp absolutely shits itself. But when there's a big rise then Bitstamp just doesnt care.

 Huh

Cause a lot of ppl are worried about all of gox's assets  getting frozen and price increases there being panic buying to transfer off.

There's definitely tension in the air. Lots of panic selling as soon as there's even a slight downturn on Gox...

Not on Gox there isn't

Yeah I only meant Bitstamp.
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May 24, 2013, 07:48:00 PM
 #10760

As soon as there's a slight drop on Gox, Bitstamp absolutely shits itself. But when there's a big rise then Bitstamp just doesnt care.

 Huh

It will be all good. Smiley The gap between Bitstamp and Gox is way smaller now. And take a look at this and this.
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