Bitcoin Forum
September 21, 2019, 10:21:00 AM *
News: Latest Bitcoin Core release: 0.18.1 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: Sept. 21 Closing Price:
$0 - 3 (2.9%)
<$8,000 - 5 (4.9%)
$8,000-$8,500 - 1 (1%)
$8,500-$9,000 - 2 (1.9%)
$9,000-$9,500 - 5 (4.9%)
$9,500-$10,000 - 6 (5.8%)
$10,000-$10,500 - 22 (21.4%)
$10,500-$11,000 - 20 (19.4%)
$11,000-$11,500 - 19 (18.4%)
$11,500-$12,000 - 6 (5.8%)
>$12,000 - 8 (7.8%)
>$20,000 - 6 (5.8%)
Total Voters: 103

Pages: « 1 ... 583 584 585 586 587 588 589 590 591 592 593 594 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 [633] 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 ... 25037 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21374274 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. (106 posts by 21 users deleted.)
lucas.sev
Sr. Member
****
Offline Offline

Activity: 252
Merit: 250



View Profile
June 02, 2013, 04:01:35 PM
 #12641

It looks like an attempt to sell just to make Bitcoin prices lower.

I wonder why they did not just do that. At one point it cost only around 200 BTC to break 115.
1569061260
Hero Member
*
Offline Offline

Posts: 1569061260

View Profile Personal Message (Offline)

Ignore
1569061260
Reply with quote  #2

1569061260
Report to moderator
1569061260
Hero Member
*
Offline Offline

Posts: 1569061260

View Profile Personal Message (Offline)

Ignore
1569061260
Reply with quote  #2

1569061260
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1569061260
Hero Member
*
Offline Offline

Posts: 1569061260

View Profile Personal Message (Offline)

Ignore
1569061260
Reply with quote  #2

1569061260
Report to moderator
1569061260
Hero Member
*
Offline Offline

Posts: 1569061260

View Profile Personal Message (Offline)

Ignore
1569061260
Reply with quote  #2

1569061260
Report to moderator
Frozenlock
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250



View Profile
June 02, 2013, 04:02:03 PM
 #12642

As I said many times, breaking $125 is a clear trend reversal signal. Expect sub $100 coins very soon. If $80 is broken, expect testing again $50. If that support level is not broken, that's still a bullish sign considering that 1 BTC costed $14 in January this year.

IMO $50 is going to be the very post-bubble bottom, we won't going to go under that level. If we do, we will have a 2011-like scenario.


Finding the 2011 bottom took a loooooong time.

It was a never ending excruciating winter. I suspect many newcommers will die in the process.  Cry
Psikopit
Newbie
*
Offline Offline

Activity: 30
Merit: 0


View Profile
June 02, 2013, 04:02:36 PM
 #12643

It looks like an attempt to sell just to make Bitcoin prices lower.

I wonder why they did not just do that. At one point it cost only around 200 BTC to break 115.

Not enough volume at this point?
MelMan2002
Sr. Member
****
Offline Offline

Activity: 459
Merit: 250



View Profile
June 02, 2013, 04:05:37 PM
 #12644

Wheeeee!
niothor
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500



View Profile
June 02, 2013, 04:06:28 PM
 #12645

It looks like an attempt to sell just to make Bitcoin prices lower.

I wonder why they did not just do that. At one point it cost only around 200 BTC to break 115.

Selling in one wave doens't do that much damage and they had to keep an extra if the price bounced back.... like it happend.......
Also they need to restock on their way down ....for further dumps

But this pure speculation, and I really doubt that it was an attack.
ShroomsKit
Hero Member
*****
Offline Offline

Activity: 672
Merit: 500



View Profile
June 02, 2013, 04:06:38 PM
 #12646

It looks like an attempt to sell just to make Bitcoin prices lower.

I wonder why they did not just do that. At one point it cost only around 200 BTC to break 115.

It's people cashing out. Not rebuying. Not a good sign.
bitcodo
Hero Member
*****
Offline Offline

Activity: 509
Merit: 500

Can't upload avatar


View Profile
June 02, 2013, 04:06:48 PM
 #12647


Some can get stuck in it.
gizmoh
Legendary
*
Offline Offline

Activity: 1414
Merit: 1000



View Profile
June 02, 2013, 04:14:45 PM
 #12648

Notice lack of support walls, its not cheap enough for the whales..It gonna be a long day..
micalith
Hero Member
*****
Offline Offline

Activity: 789
Merit: 501


View Profile
June 02, 2013, 04:15:01 PM
 #12649

It looks like an attempt to sell just to make Bitcoin prices lower.

I wonder why they did not just do that. At one point it cost only around 200 BTC to break 115.

It's people cashing out. Not rebuying. Not a good sign.
Why do you reckon they're not planning to rebuy after a bit longer from a manipulated short-term trend reversal?
Frozenlock
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250



View Profile
June 02, 2013, 04:15:14 PM
 #12650

From Reddit:

http://www.reddit.com/r/Bitcoin/comments/1fiu48/beginning_to_worry_yet/

- Beginning to worry yet?

--This is what happens when the govt. scares the hell out of new investors. It doesn't help that the verification process to get on Mt. Gox takes was made more difficulty.

--No worries, 115 is a strong support and it holds well.

--June is bad for all investments. Go outside and spend some money.

--Buy all the coins!! Cheesy

--im holding for the longest time

------------

 Cry
Its About Sharing
Legendary
*
Offline Offline

Activity: 1414
Merit: 1000


Antifragile


View Profile
June 02, 2013, 04:16:12 PM
 #12651

It looks like an attempt to sell just to make Bitcoin prices lower.

I wonder why they did not just do that. At one point it cost only around 200 BTC to break 115.

It's people cashing out. Not rebuying. Not a good sign.

I wouldn't look at it like that. It is Sunday and I'm sure a lot of auto sells are being triggered.
We will see what we got this week. And if that isn't much, time to reload for better prices.  Grin
I can imagine how you old timers feel - totally unfazed by this. Nice feeling...
lucas.sev
Sr. Member
****
Offline Offline

Activity: 252
Merit: 250



View Profile
June 02, 2013, 04:18:41 PM
 #12652

200BTC to 128USD Cheesy
BitcoinAshley
Sr. Member
****
Offline Offline

Activity: 448
Merit: 250



View Profile
June 02, 2013, 04:20:02 PM
 #12653

It looks like an attempt to sell just to make Bitcoin prices lower.

I wonder why they did not just do that. At one point it cost only around 200 BTC to break 115.

It's people cashing out. Not rebuying. Not a good sign.


What? Dumping thousands of coins in one market order is possibly the WORST way to cash out in existence. All signs point to "NOT people cashing out."

So what makes you say, with such certainty, "It's people cashing out." Stupidity? Ignorance? Thinking that dumping thousands of coins in one market order and experiencing slippage 2 DA MAX is the best way to cash out rather than the worstRoll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes

EDIT: And no, the fact that they did not instantly rebuy all $2.5 million worth of coins and bring price back up to 125+ does not definitively mean they are cashing out. That's not how this game works. Grin
niothor
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500



View Profile
June 02, 2013, 04:22:41 PM
 #12654

Ok , I think the worst is behind us.

Probably Monday morning will clear things.

Its About Sharing
Legendary
*
Offline Offline

Activity: 1414
Merit: 1000


Antifragile


View Profile
June 02, 2013, 04:24:16 PM
 #12655

It looks like an attempt to sell just to make Bitcoin prices lower.

I wonder why they did not just do that. At one point it cost only around 200 BTC to break 115.

It's people cashing out. Not rebuying. Not a good sign.


What? Dumping thousands of coins in one market order is possibly the WORST way to cash out in existence. All signs point to "NOT people cashing out."

So what makes you say, with such certainty, "It's people cashing out." Stupidity? Ignorance? Thinking that dumping thousands of coins in one market order and experiencing slippage 2 DA MAX is the best way to cash out rather than the worstRoll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes

EDIT: And no, the fact that they did not instantly rebuy all $2.5 million worth of coins and bring price back up to 125+ does not definitively mean they are cashing out. That's not how this game works. Grin

You forgot one thing. They did it in the middle of the night on a WEEKEND.

Great test...
Its About Sharing
Legendary
*
Offline Offline

Activity: 1414
Merit: 1000


Antifragile


View Profile
June 02, 2013, 04:26:10 PM
 #12656

Ok , I think the worst is behind us.

Probably Monday morning will clear things.



We are sitting nicely on support but I don't like the bottom of big rid candles to define support. Hopefully we have a high volume selloff tomorrow and come back up to form a nice hammer.
samson
Legendary
*
Offline Offline

Activity: 1722
Merit: 1018


View Profile
June 02, 2013, 04:27:21 PM
 #12657

As I said many times, breaking $125 is a clear trend reversal signal. Expect sub $100 coins very soon. If $80 is broken, expect testing again $50. If that support level is not broken, that's still a bullish sign considering that 1 BTC costed $14 in January this year.

IMO $50 is going to be the very post-bubble bottom, we won't going to go under that level. If we do, we will have a 2011-like scenario.

This ^
Frozenlock
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250



View Profile
June 02, 2013, 04:27:57 PM
 #12658

You forgot one thing. They did it in the middle of the night on a WEEKEND.

Great test...

Middle of the night? It was 5 am here and around 11 am in Europe.
Its About Sharing
Legendary
*
Offline Offline

Activity: 1414
Merit: 1000


Antifragile


View Profile
June 02, 2013, 04:39:28 PM
 #12659

You forgot one thing. They did it in the middle of the night on a WEEKEND.

Great test...

Middle of the night? It was 5 am here and around 11 am in Europe.

5am - Who is up then?
11am - Got me there. But still, Sunday and most volume is from American trades (e.g. - Here in Germany we are at 1,200 on bitcoin.de)...
Frozenlock
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250



View Profile
June 02, 2013, 04:57:20 PM
 #12660

So unless it's between 9h and 17h, on a monday, 'murica time, it's manipulation?
Pages: « 1 ... 583 584 585 586 587 588 589 590 591 592 593 594 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 [633] 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 ... 25037 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!