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Frozenlock
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July 10, 2013, 06:19:50 PM |
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Are bears starting to have their ground shaken? A couple days of stability after a spike up and I see bulls popping up everywhere.  But what about you? You've been one of the most vocal bears not long ago, right? Yup. I was expecting an epic bull trap but so far we seem stuck <80$ I'm waiting on the sideline. |
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hlynur
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July 10, 2013, 06:20:57 PM |
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i wonder if we see another dump or that wall finally gets some nibbling
nibble? wall? what? lol, that look |
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FNG
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July 10, 2013, 06:22:12 PM |
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hoping for a dip to buy back in but for now i'm on the sidelines because i've eroded too much of my profit, my risk appetite is much much lower
The opportunity is under 80..it's vanishing quickly. Read the news, not the boards |
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ElectricMucus
Legendary
 Offline
Activity: 1666
Merit: 1057
Marketing manager - GO MP
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July 10, 2013, 06:24:42 PM |
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hoping for a dip to buy back in but for now i'm on the sidelines because i've eroded too much of my profit, my risk appetite is much much lower
The opportunity is under 80..it's vanishing quickly. Read the news, not the boards What news? |
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hlynur
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July 10, 2013, 06:26:46 PM |
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mr. 80 getting scared? wall shrunk by 2k in the last 10 minutes...
did that also happen before the recent dumps?
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Walsoraj
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July 10, 2013, 06:28:12 PM |
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mr. 80 getting scared? wall shrinked by 2k in the last 10 minutes...
did that also happen before the recent dumps?
That is not fear. The wall fades to take resistance with it. Whale is hoping the price gets propelled upward. Let's see if it works. If ceiling-walls stop working, btc in lots of trouble cuz whales will resort to floor-walls exclusively. |
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thoughtfan
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July 10, 2013, 06:28:31 PM |
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How about this for a baseless totally speculative 'theory':
Could the manipulator with the magic massive disappearing walls over the last few days be a benevolent manipulator who is using the orderbook as his palette to draw the shape of the chart over time so it looks like we've bottomed out? It would appear the the 'manipulator don't care' when it comes to having some of his walls bitten into so I'm wondering about a possible longer term motive than manipulating just to buy or sell within the timeframe of the daytrading ups and downs.
Given what I was just saying in my last post that the bottom could potentially end up almost anywhere a manipulation of this nature could have a much bigger goal of changing sentiment by 'drawing' the chart of a solid bottom.
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jski
Member
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Activity: 97
Merit: 10
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July 10, 2013, 06:29:32 PM |
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Would you believe the 76 bid wall on bitstamp is what driving this rally. Bitstamp is driving the daily highs before mtgox.
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barbs
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July 10, 2013, 06:29:35 PM |
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I've already missed the train and I don't see a big upside to buying back in at the top, sorry  |
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derpinheimer
Legendary
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Activity: 896
Merit: 1000
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July 10, 2013, 06:31:40 PM |
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Would you believe the 76 bid wall on bitstamp is what driving this rally. Bitstamp is driving the daily highs before mtgox.
Uh, no, its the guy with double-triple that money on Gox. So, this guy has quite a bit of money to throw around. He's had at least 4k of his walls sold in to.. and still has 10k or more left. If he had any real intent to buy, he'd get all of the 80 wall 2 days ago. Clearly he is trying to manipulate us up. As soon as the price was starting to dip slowly a little while ago, he [or possibly someone else manipulating] put up a 1k wall at the top of the bids. Then pulled it after the sellers stopped. I think we might break 80 if people let this guy have his way. |
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hlynur
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July 10, 2013, 06:31:44 PM |
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mr. 80 getting scared? wall shrinked by 2k in the last 10 minutes...
did that also happen before the recent dumps?
That is not fear. The wall fades to take resistance with it. Whale is hoping the price gets propelled upward. Let's see if it works. If ceiling-walls stop working, btc in lots of trouble cuz whales will resort to floor-walls exclusively. jep, coins were just added at 82.5 and 85 |
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molecular
Donator
Legendary
Offline
Activity: 2772
Merit: 1019
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July 10, 2013, 06:31:53 PM |
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hoping for a dip to buy back in but for now i'm on the sidelines because i've eroded too much of my profit, my risk appetite is much much lower
The opportunity is under 80..it's vanishing quickly. Read the news, not the boards What news? the german news maybe? Not sure how big: http://www.bitcoin-journal.de/bitcoin-de-und-fidor-bank-ag-vereinbaren-weitgehende-partnerschaft/bitcoin.de announced their banking partner (fidor bank) and will offer insured SEPA account to be used for live trading. EDIT: but that's not really news. |
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molecular
Donator
Legendary
Offline
Activity: 2772
Merit: 1019
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July 10, 2013, 06:34:50 PM |
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buying that would could yield juicy profit |
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ElectricMucus
Legendary
Offline
Activity: 1666
Merit: 1057
Marketing manager - GO MP
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July 10, 2013, 06:35:25 PM |
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hoping for a dip to buy back in but for now i'm on the sidelines because i've eroded too much of my profit, my risk appetite is much much lower
The opportunity is under 80..it's vanishing quickly. Read the news, not the boards What news? the german news maybe? Not sure how big: http://www.bitcoin-journal.de/bitcoin-de-und-fidor-bank-ag-vereinbaren-weitgehende-partnerschaft/bitcoin.de announced their banking partner (fidor bank) and will offer insured SEPA account to be used for live trading. EDIT: but that's not really news. At least we won't have the German version of the mtgox-dwolla drama. Not news, you said it. I'd say its "not bad news" |
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hlynur
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July 10, 2013, 06:37:46 PM |
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hoping for a dip to buy back in but for now i'm on the sidelines because i've eroded too much of my profit, my risk appetite is much much lower
The opportunity is under 80..it's vanishing quickly. Read the news, not the boards What news? the german news maybe? Not sure how big: http://www.bitcoin-journal.de/bitcoin-de-und-fidor-bank-ag-vereinbaren-weitgehende-partnerschaft/bitcoin.de announced their banking partner (fidor bank) and will offer insured SEPA account to be used for live trading. EDIT: but that's not really news. good summary of recent news https://bitcointalk.org/index.php?topic=253080.0although it often seems like bulls holding onto the thinnest sticks during downtrends. another interesting news is regulation of btc in germany: no taxes on profits if btcs are held longer than a year. (which feels very difficult to me, how to proof duration of holding is another story) |
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barbs
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July 10, 2013, 06:39:48 PM |
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I'm off to the pub, will be back in a couple hours in time for some panic buying  |
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Walsoraj
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July 10, 2013, 06:42:53 PM |
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Keep your eyes on the charts my friends. This afternoon/evening, I will use my masses of USD to prove my lust for Bitcoin is firmer than the legions of weak-boner traders that recently began to pollute this forum. |
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bitcodo
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July 10, 2013, 06:54:49 PM |
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How about this for a baseless totally speculative 'theory':
Could the manipulator with the magic massive disappearing walls over the last few days be a benevolent manipulator who is using the orderbook as his palette to draw the shape of the chart over time so it looks like we've bottomed out? It would appear the the 'manipulator don't care' when it comes to having some of his walls bitten into so I'm wondering about a possible longer term motive than manipulating just to buy or sell within the timeframe of the daytrading ups and downs.
Given what I was just saying in my last post that the bottom could potentially end up almost anywhere a manipulation of this nature could have a much bigger goal of changing sentiment by 'drawing' the chart of a solid bottom.
Twins with loads of coins and $. Or maybe they had a fight over a woman (or man) and they have a wall fight? |
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