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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21330122 times)
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Apraksin
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April 27, 2013, 05:31:35 PM
 #1961

The walls to 120 are pretty damn intense. I don't foresee this busting through those.

Newb question: When you say walls, are these the pre-sett orders where people will buy back inn because of the reduction in price? Vice versa for walls hindering a to steep rise in the price?
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April 27, 2013, 05:37:45 PM
 #1962

Yeah if you look at a chart, and someone has a huge bid order at say 120 for 7000btc it would take one huge seller or a whole lot of smaller sales to smash through 'the wall'. On a chart like bitcoinity or mtgoxlive it even looks like a vertical wall, ahha. Thus walls can pad a falling price and act as a kind of support. It is the vise versa for a sell wall. Its hard for the price to climb past a large 7000btc sell wall unless a couple big buyers come along, or there is plenty of collective buying volume.  Cheesy
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April 27, 2013, 05:44:23 PM
 #1963

Thanks  Smiley
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April 27, 2013, 05:53:58 PM
 #1964

The walls to 120 are pretty damn intense. I don't foresee this busting through those.
I think much blood will be shed before we find out for sure ...
I think that is a reasonable prediction, haha  Grin

Winter is coming ... Grin
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April 27, 2013, 06:16:07 PM
 #1965

Here comes the panic again?  Fun times!  I'm going to buy a crazy amount of coins at $100 if it gets there.
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April 27, 2013, 06:21:23 PM
 #1966

Here comes the panic again?  Fun times!  I'm going to buy a crazy amount of coins at $100 if it gets there.

I wish :/
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April 27, 2013, 06:22:30 PM
 #1967

Here comes the panic again?  Fun times!  I'm going to buy a crazy amount of coins at $100 if it gets there.

Doubt it will do that, there's the great wall of China @ 120
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April 27, 2013, 06:23:06 PM
 #1968

I'm totally happy chilling between $120 and $140. I'd be thrilled if it lasted 6 months like this.
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April 27, 2013, 06:23:16 PM
 #1969

Here comes the panic again?  Fun times!  I'm going to buy a crazy amount of coins at $100 if it gets there.

Doubt it will do that, there's the great wall of China @ 120

either way I'm happy... I have coins, too Smiley
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April 27, 2013, 06:24:26 PM
 #1970

Here comes the panic again?  Fun times!  I'm going to buy a crazy amount of coins at $100 if it gets there.

And dump them again at 80? Cool plan.

Anyway, does not seems it happens today. May be price will even go into high 130 one more time.
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April 27, 2013, 06:26:06 PM
 #1971

Here comes the panic again?  Fun times!  I'm going to buy a crazy amount of coins at $100 if it gets there.

Doubt it will do that, there's the great wall of China @ 120

Who knows maybe it's the Great Fake Wall of China  Cheesy
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April 27, 2013, 06:30:36 PM
 #1972

Here comes the panic again?  Fun times!  I'm going to buy a crazy amount of coins at $100 if it gets there.

not nearly as violent as the last time we bounced off $0.12. Nowhere near the volume. I doubt we'll even retest $0.12
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April 27, 2013, 06:31:51 PM
 #1973

Everyone needs to try harder, today has been somewhat boring. Tongue
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April 27, 2013, 06:32:35 PM
 #1974

Here comes the panic again?  Fun times!  I'm going to buy a crazy amount of coins at $100 if it gets there.

Doubt it will do that, there's the great wall of China @ 120

Got to take out 125 first
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April 27, 2013, 06:33:05 PM
 #1975

Everyone needs to try harder, today has been somewhat boring. Tongue

yawn... I think I'll watch a movie. bitfetch.com for the win.
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April 27, 2013, 06:33:41 PM
 #1976

Everyone needs to try harder, today has been somewhat boring. Tongue

Pretty much every Bitcoin weekend is boring Sad Is it because the big traders are taking the day off?
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April 27, 2013, 06:34:52 PM
 #1977

Here comes the panic again?  Fun times!  I'm going to buy a crazy amount of coins at $100 if it gets there.

not nearly as violent as the last time we bounced off $0.12. Nowhere near the volume. I doubt we'll even retest $0.12

Please don't tell me you actually jumped on the "Lets use millibitcoin and pretend this is sustainable" bandwagon?
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April 27, 2013, 06:37:20 PM
 #1978

Here comes the panic again?  Fun times!  I'm going to buy a crazy amount of coins at $100 if it gets there.

not nearly as violent as the last time we bounced off $0.12. Nowhere near the volume. I doubt we'll even retest $0.12

agree, i called the bottom in my thread.
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April 27, 2013, 06:40:08 PM
 #1979

Here comes the panic again?  Fun times!  I'm going to buy a crazy amount of coins at $100 if it gets there.

not nearly as violent as the last time we bounced off $0.12. Nowhere near the volume. I doubt we'll even retest $0.12

Please don't tell me you actually jumped on the "Lets use millibitcoin and pretend this is sustainable" bandwagon?

I'm going to start doing this.
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April 27, 2013, 06:41:42 PM
 #1980

Here comes the panic again?  Fun times!  I'm going to buy a crazy amount of coins at $100 if it gets there.

not nearly as violent as the last time we bounced off $0.12. Nowhere near the volume. I doubt we'll even retest $0.12

Please don't tell me you actually jumped on the "Lets use millibitcoin and pretend this is sustainable" bandwagon?

I'm going to start doing this.

Ignorance is bliss uh?
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