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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

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21374279 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.)
samson
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June 07, 2013, 04:37:59 PM
 #14001

i don't see any reason for anyone to do this, Right Now.... sellers want to sell as high as possible

I don't see any reason why anyone should by now either

I'm 100% USD and waiting for the inevitable.
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giszmo
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June 07, 2013, 04:38:39 PM
 #14002

My guts feeling is that we will meet $60 again. That is only based on this chart that clearly shows a correlation of traded volume (weekly in currency) and price. I see that there are some exceptions where on a down trend the volume explodes with a decreasing price but the overall trend tells me, $60 would still be high.


That said, I did buy my last bitcoins at $130 as a service to my local community (here in Chile there is not much local community yet) and I don't sell because good news can change the trend in a matter of hours or days, which is faster than I can get my money in and I don't feel comfortable having fiat or money on any exchange waiting for the right time to get stolen or confiscated.
BitPirate
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June 07, 2013, 04:40:58 PM
 #14003

Bears/manipulators/etc: Congratulations guys, you're getting your cheap coins.

Shame (for you) that now, none of us want to buy back in any more.

Enjoy those cheap coins!
Ultraviolet
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June 07, 2013, 04:41:27 PM
 #14004

Either that 105 wall will fall today and we'll see ~97 be touched or 105 will be touched/rebounded off of as it bounces between 106 and 111 until the bid momentum vanishes by Sunday/Monday and someone dumps 25k BTC again.
adamstgBit
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June 07, 2013, 04:43:54 PM
 #14005

everyone is so pessimistic today... you know what to do  Grin
niothor
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June 07, 2013, 04:44:23 PM
 #14006

everyone is so pessimistic today... you know what to do  Grin


nov 1?
oda.krell
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June 07, 2013, 04:45:02 PM
 #14007

I'm still wondering what the 7.5k btc buy at 1pm CET was all about. I didn't see it when it took place, but I'm pretty sure it was one big order.

Why would a whale buy right into the downtrend? He had a slippage alone of 3 or 4 USD. And why not wait a few hours longer and buy even cheaper.

It's too much volume to be a stabilizing move, in my opinion, but it doesn't make much sense otherwise. I'm puzzled.
N12
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June 07, 2013, 04:46:58 PM
 #14008

Bears/manipulators/etc: Congratulations guys, you're getting your cheap coins.

Shame (for you) that now, none of us want to buy back in any more.

Enjoy those cheap coins!
Wow, you sure sound butthurt. I suggest learning more about how markets work, or simply looking at a long-term price graph of Bitcoin. This has happened before, it will happen again.
SGExodus
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June 07, 2013, 04:49:54 PM
 #14009

I'm still wondering what the 7.5k btc buy at 1pm CET was all about. I didn't see it when it took place, but I'm pretty sure it was one big order.

Why would a whale buy right into the downtrend? He had a slippage alone of 3 or 4 USD. And why not wait a few hours longer and buy even cheaper.

It's too much volume to be a stabilizing move, in my opinion, but it doesn't make much sense otherwise. I'm puzzled.

There could be many reasons.

If could be that he assessed that the price is already low enough.

It could be someone that sold 7.5KBTC at 140 are re-buying them automatically when the price hits a certain threshold.
samson
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June 07, 2013, 04:50:32 PM
 #14010

Bears/manipulators/etc: Congratulations guys, you're getting your cheap coins.

Shame (for you) that now, none of us want to buy back in any more.

Enjoy those cheap coins!

Not cheap enough, I'm still holding my USD (with the strongest of hands).
wachtwoord
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June 07, 2013, 04:52:14 PM
 #14011

Bears/manipulators/etc: Congratulations guys, you're getting your cheap coins.

Shame (for you) that now, none of us want to buy back in any more.

Enjoy those cheap coins!

Not cheap enough, I'm still holding my USD (with the strongest of hands).

Ah, you need to g to the bathroom? Wink
Rampion
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June 07, 2013, 04:52:54 PM
 #14012

Testing $105ish today? I think as soon as we touch it we will go through it like a hot knife through butter.

Next level to be tested will be $90ish, and next REAL support $80ish. Anyhow, as Oda said earlier I think testing $80 won't happen too soon. But honestly, I think the sooner the better. I wouldn't mind at all going rapidly to $50 and double bottoming it hard, with big volume. That would mean that the only way is UP, slowly, but UP. IMO that's the best case scenario for the bulls. Breaking ATH during this year is not happening IMO. And a rally to $165 won't happen any soon neither.

xseeee ME...but ... the best scenario for a bull is a price drop?   Smiley
yeah , I know i'm reading between lines but still , was funny

For a realistic long-term bull with his feet on the ground (like most of us here) it's indeed the best case scenario, considering we had PARABOLIC growth (=bubble) a few weeks ago.

For a "rptard style" delusional bull short on meds expecting $300k per BTC by the end of the year, I guess "best case scenar¡o" is TO THE MOON and nothing else Wink
Rampion
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June 07, 2013, 04:53:42 PM
 #14013

everyone is so pessimistic today... you know what to do  Grin


YES. Selling at the bottom so the price goes UP UP UP from there!

Cheesy
adamstgBit
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June 07, 2013, 04:53:53 PM
 #14014

I'm still wondering what the 7.5k btc buy at 1pm CET was all about. I didn't see it when it took place, but I'm pretty sure it was one big order.

Why would a whale buy right into the downtrend? He had a slippage alone of 3 or 4 USD. And why not wait a few hours longer and buy even cheaper.

It's too much volume to be a stabilizing move, in my opinion, but it doesn't make much sense otherwise. I'm puzzled.

buying below 120 is a good bet.
we will see 120 again relatively soon.
it won't go down forever, make the most of it while you can.
adamstgBit
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June 07, 2013, 04:54:42 PM
 #14015

i should go cover my short...
samson
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June 07, 2013, 04:55:09 PM
 #14016

Testing $105ish today? I think as soon as we touch it we will go through it like a hot knife through butter.

Next level to be tested will be $90ish, and next REAL support $80ish. Anyhow, as Oda said earlier I think testing $80 won't happen too soon. But honestly, I think the sooner the better. I wouldn't mind at all going rapidly to $50 and double bottoming it hard, with big volume. That would mean that the only way is UP, slowly, but UP. IMO that's the best case scenario for the bulls. Breaking ATH during this year is not happening IMO. And a rally to $165 won't happen any soon neither.

xseeee ME...but ... the best scenario for a bull is a price drop?   Smiley
yeah , I know i'm reading between lines but still , was funny

For a realistic long-term bull with his feet on the ground (like most of us here) it's indeed the best case scenario, considering we had PARABOLIC growth (=bubble) a few weeks ago.

For a "rptard style" delusional bull short on meds expecting $300k per BTC by the end of the year, I guess "best case scenar¡o" is TO THE MOON and nothing else Wink

Whatever happened to that rptard guy, did they let him out of the 'secure unit' yet ?
Rampion
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June 07, 2013, 04:57:15 PM
 #14017

Testing $105ish today? I think as soon as we touch it we will go through it like a hot knife through butter.

Next level to be tested will be $90ish, and next REAL support $80ish. Anyhow, as Oda said earlier I think testing $80 won't happen too soon. But honestly, I think the sooner the better. I wouldn't mind at all going rapidly to $50 and double bottoming it hard, with big volume. That would mean that the only way is UP, slowly, but UP. IMO that's the best case scenario for the bulls. Breaking ATH during this year is not happening IMO. And a rally to $165 won't happen any soon neither.

xseeee ME...but ... the best scenario for a bull is a price drop?   Smiley
yeah , I know i'm reading between lines but still , was funny

For a realistic long-term bull with his feet on the ground (like most of us here) it's indeed the best case scenario, considering we had PARABOLIC growth (=bubble) a few weeks ago.

For a "rptard style" delusional bull short on meds expecting $300k per BTC by the end of the year, I guess "best case scenar¡o" is TO THE MOON and nothing else Wink

Whatever happened to that rptard guy, did they let him out of the 'secure unit' yet ?

I guess they locked him in for good, and they threw the keys of his nut-cell to the toilet, and flushed it a couple of times.

Well, we saw it coming Sad
wachtwoord
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June 07, 2013, 04:57:47 PM
 #14018

Whatever happened to that rptard guy, did they let him out of the 'secure unit' yet ?

Being locked up would be good for some people here to avoid the inclination to sell now.I don't think our Finish friend is one of them though.

I guess my dollar-cost averaging scheme just got more effective Smiley
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June 07, 2013, 04:57:56 PM
 #14019

i should go cover my short...

There's something like 30k coins worth of bids between $100 and $105. It's tempting to say that this may be the bottom for the time being.
niothor
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June 07, 2013, 04:58:00 PM
 #14020

Testing $105ish today? I think as soon as we touch it we will go through it like a hot knife through butter.

Next level to be tested will be $90ish, and next REAL support $80ish. Anyhow, as Oda said earlier I think testing $80 won't happen too soon. But honestly, I think the sooner the better. I wouldn't mind at all going rapidly to $50 and double bottoming it hard, with big volume. That would mean that the only way is UP, slowly, but UP. IMO that's the best case scenario for the bulls. Breaking ATH during this year is not happening IMO. And a rally to $165 won't happen any soon neither.

xseeee ME...but ... the best scenario for a bull is a price drop?   Smiley
yeah , I know i'm reading between lines but still , was funny

For a realistic long-term bull with his feet on the ground (like most of us here) it's indeed the best case scenario, considering we had PARABOLIC growth (=bubble) a few weeks ago.

For a "rptard style" delusional bull short on meds expecting $300k per BTC by the end of the year, I guess "best case scenar¡o" is TO THE MOON and nothing else Wink

Whatever happened to that rptard guy, did they let him out of the 'secure unit' yet ?

has bitcoin price reached 300k  .. NO!
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