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Question: Oct. 5 Closing Price:
$0 - 5 (3.5%)
<$8,000 - 38 (27%)
$8,000-$8,500 - 16 (11.3%)
$8,500-$9,000 - 10 (7.1%)
$9,000-$9,500 - 13 (9.2%)
$9,500-$10,000 - 12 (8.5%)
$10,000-$10,500 - 10 (7.1%)
$10,500-$11,000 - 5 (3.5%)
$11,000-$11,500 - 2 (1.4%)
$11,500-$12,000 - 4 (2.8%)
>$12,000 - 17 (12.1%)
>$20,000 - 9 (6.4%)
Total Voters: 141

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21402779 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. (108 posts by 21 users deleted.)
Frozenlock
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May 24, 2013, 10:18:53 PM
 #10801

I don't think so, but many here are trading on 1.5% profit...

bitstamp:
that was very satisfying: an 400BTC ask wall appeared at 128.7. Put my bitcoins in front of it. After a bit of leapfrogging, most of my bitcoins were sold, when the wall moved a whole point down!
Rebought my bitcoins minutes later at 126.5  Grin


 Roll Eyes
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icekiss
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May 24, 2013, 10:24:32 PM
 #10802

I don't think so, but many here are trading on 1.5% profit...

bitstamp:
that was very satisfying: an 400BTC ask wall appeared at 128.7. Put my bitcoins in front of it. After a bit of leapfrogging, most of my bitcoins were sold, when the wall moved a whole point down!
Rebought my bitcoins minutes later at 126.5  Grin


 Roll Eyes

I am long term bullish, and so try to stay in bitcoins. But whenever I see a chance to increase my bitcoin holdings by selling/rebuying, I'll do so. Otherwise, there would be little point in watching the charts and walls, now would there?  Cheesy

I believe in the effects of compound interest Smiley
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May 24, 2013, 10:35:11 PM
 #10803

My second proposal of the day is to rename the "head and shoulders top" pattern to the "Mt Gox" pattern....it looks like a small mountain range if you squint and it also exemplifies the true meaning of disappointment. 

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May 24, 2013, 10:39:40 PM
 #10804

Looks like a head and shoulders forming....watch for the width of that right shoulder.

If the neckline breaks, the pattern and trend reversal is confirmed, before that the neckline can be considered as support.
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May 24, 2013, 10:45:45 PM
 #10805

It's not as if someone could paint the tape for such a time interval anyway.

Oh, wait...  Cheesy
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May 24, 2013, 11:01:33 PM
 #10806

EuroTrash
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May 24, 2013, 11:49:52 PM
 #10807

Looks like there is a party going on here!

Cool, I love parties  Grin
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May 24, 2013, 11:59:11 PM
 #10808

I'm mixing the drinks...what will it be tonight Frozenlock?
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May 25, 2013, 12:01:27 AM
 #10809

Frozenlock
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May 25, 2013, 12:06:32 AM
 #10810

I'm mixing the drinks...what will it be tonight Frozenlock?

Coffee bailey for me, I need to stay alert to savor this volatility.  Wink

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May 25, 2013, 12:13:33 AM
 #10811

Please party on without me.  Cheesy

I'm finished trading for the day. It's after midnight here, and it was quite a headache to get in once mt.gox started creeping upwards again (was 1/3 in fiat) since bitstamp reacted really fast this time around.

Luckily a 400BTC bidwall appeared, which is still creeping downward. At 128.1 I couldn't resist anymore and bought in again.  Grin
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May 25, 2013, 12:15:43 AM
 #10812

I hope we'll see stability in the 130's this weekend
130's definitely has some resistance, it would make sense to pause there some time to accumulate coins.
This rally is just a taste of next week's action IMO.


 
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May 25, 2013, 12:22:18 AM
 #10813

PS: if you're a bear now would be a good time to sell.
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May 25, 2013, 12:22:23 AM
 #10814

This rally is just a taste of next week's action IMO.

Inb4 flatline week.  Lips sealed
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May 25, 2013, 12:22:55 AM
 #10815

PS: if you're a bear now would be a good time to sell.

Double top?

Or rather: on what do you base this?
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May 25, 2013, 01:01:35 AM
 #10816

adamstgBit
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May 25, 2013, 01:03:16 AM
 #10817

PS: if you're a bear now would be a good time to sell.

Double top?

Or rather: on what do you base this?

I base my analyst purely on intuition and emotion  Tongue

I feel its make or break time in bitcoin speculation world.
next week will be a big deal no matter what happens.
there will be no stability, thats for sure.

bears have a distinct advantage as no one has a clue what resistance will be like at and above 150

I think resistance will be minimal and we will cost up and over 200 with ease, but breaking the resistance at 130 140 is key to victory!

bears either show their teeth here and now or the bear pack will spread out and head for the hills, making them an as benign as a 500 btc wall 5$ over spot.
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May 25, 2013, 01:18:20 AM
 #10818

Although I'm a huge bull and all in, I don't think the value of bitcoin should be rising that fast. The infrastructure just isn't ready for it and new hyperbolic growth will only attract the wrong crowd of people who think they can get rich fast and don't really care about bitcoin itself. Slow and steady growth would be best for long term holders and for bitcoin. Smiley
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May 25, 2013, 01:19:51 AM
 #10819

Although I'm a huge bull and all in, I don't think the value of bitcoin should be rising that fast. The infrastructure just isn't ready for it and new hyperbolic growth will only attract the wrong crowd of people who think they can get rich fast and don't really care about bitcoin itself. Slow and steady growth would be best for long term holders and for bitcoin. Smiley

I agree. We should go back to $20 then.  Grin
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May 25, 2013, 01:25:05 AM
 #10820

Although I'm a huge bull and all in, I don't think the value of bitcoin should be rising that fast. The infrastructure just isn't ready for it and new hyperbolic growth will only attract the wrong crowd of people who think they can get rich fast and don't really care about bitcoin itself. Slow and steady growth would be best for long term holders and for bitcoin. Smiley

I agree. We should go back to $20 then.  Grin

No I'd rather not see trolls like Jaroslaw get their filthy hands on cheap coins. Tongue
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