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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.8%)
7/28 - 11 (8.9%)
8/4 - 16 (12.9%)
8/11 - 8 (6.5%)
8/18 - 6 (4.8%)
8/25 - 8 (6.5%)
After August - 74 (59.7%)
Total Voters: 124

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26489315 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. (174 posts by 3 users with 9 merit deleted.)
el_rlee
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April 30, 2013, 02:25:06 PM
 #2321

down it goes


1 small dump and it's pure panic...
Unbelievable...

lag
ShroomsKit
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April 30, 2013, 02:25:12 PM
 #2322

Also unbelievable how after all this time MtGox still can't handle a few trades without massive lag.
Newscastix
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April 30, 2013, 02:26:15 PM
 #2323

"single digits..... soon..."

that's how scary it looks...... such a move after no movement at all...
Rampion
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April 30, 2013, 02:26:44 PM
 #2324

down it goes


1 small dump and it's pure panic...
Unbelievable...

Great, let's buy some more. I have bids from $125 to $30ish, wouldn't mind if they get hit Cheesy
mccorvic
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April 30, 2013, 02:27:33 PM
 #2325

This is why you've seen such weak buy orders lately.  No one wants to buy at market price because everyone knows some dweeb will dump their coins for no reason at stupid low prices  Grin
ShroomsKit
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April 30, 2013, 02:28:40 PM
 #2326

down it goes


1 small dump and it's pure panic...
Unbelievable...

Great, let's buy some more. I have bids from $125 to $30ish, wouldn't mind if they get hit Cheesy

Exactly how long do people want this to go on?
Don't you want the coin to grow? You know people will get tired of it sooner or later.
Big sell, drop, buy, big sell, drop, buy...
At what point will people stop saying i wish it would go back to 30?

Again we're back a week. That dump was just stupid.
Rampion
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April 30, 2013, 02:29:08 PM
 #2327

Well, down we go. I bet $120 will not be broken. If it is, cheap coins for all us Wink
Frozenlock
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April 30, 2013, 02:31:04 PM
 #2328

Why is it lagging? It doesn't seem to be that much active....
NamelessOne
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April 30, 2013, 02:31:21 PM
 #2329

Wow... pure stupid just arrived.
ShroomsKit
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April 30, 2013, 02:31:43 PM
 #2330

Why is it lagging? It doesn't seem to be that much active....

because MtGox only had weeks, months and millions of dollars to fix their stuff.
lebing
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April 30, 2013, 02:32:01 PM
 #2331

Also unbelievable how after all this time MtGox still can't handle a few trades without massive lag.

Pretty sure the same people that sold all of a sudden are the same ones that are causing the lag (sure to be just another DDOS).

Lets see how many people fall into the bear trap.
ShroomsKit
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April 30, 2013, 02:32:15 PM
 #2332

Wow... pure stupid just arrived.

Guess someone needed money right now real bad.
mccorvic
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April 30, 2013, 02:32:31 PM
 #2333

Why is it lagging? It doesn't seem to be that much active....


Could be a DDoSing or something similiar.  What's funny is that just a month ago Gox lag at this poitn would already be above 5mins.  Gox is holding up astoundingly well compared to what us bitter vets have grown used to.
Rampion
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April 30, 2013, 02:34:15 PM
 #2334

down it goes


1 small dump and it's pure panic...
Unbelievable...

Great, let's buy some more. I have bids from $125 to $30ish, wouldn't mind if they get hit Cheesy

Exactly how long do people want this to go on?
Don't you want the coin to grow? You know people will get tired of it sooner or later.
Big sell, drop, buy, big sell, drop, buy...
At what point will people stop saying i wish it would go back to 30?

I think BTC has a long way to go. I strongly believe it is not a quick-rich scheme. That said, I have in my mind a quantity of BTC I want to own, based on a % of the total amount (it's small, don't think I'm some kind of Winklevoss guy), and each dip is a buying opportunity in my book. I almost never exchange BTC for fiat, but I buy more BTC when I have the occasion (always with money I can afford to loose, obviously).

BTC will always rise and crash, like all commodity-like assets. And now is a newborn: market is a peanut (just barely $20M sitting in the order book ATM, is like a joke), infrastructure is poor (only one exchange controlling 80% of the market? WTF?), real economy activity besides pure speculation is almost non existant. All this points need to be addressed before BTC develops to its full potential.

TBH, crashes excite me more than rallies, because I know I will be able to buy more BTC's, which then I can hold or exchange for goods and services. I may be a pervert, but that's how I am.
fitty
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April 30, 2013, 02:34:49 PM
 #2335


It's not panic selling. If it happens all within 60 seconds, it's someone or a group of people coin dumping. Toss in a little DDOS, MtGox lag, someone wants to buy back in.
StarrManUK
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April 30, 2013, 02:36:03 PM
 #2336

lol I bought @ 139 and was thinking that was a bit too early...looks like a good trade now  Wink
Rampion
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April 30, 2013, 02:37:15 PM
 #2337

Man, it looks like we're not even going to test $125, that's disappointing. I don't think we would have broken that level anyway.

Let's see how things develop tomorrow - Wednesday is usually the day in which rallies or crashes are triggered.
molecular
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April 30, 2013, 02:37:37 PM
 #2338

damnit, I got to put my stops lower
lebing
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April 30, 2013, 02:37:58 PM
 #2339

If that was the DDOS guys, it seems they will not be making a profit today.

/success kid
fitty
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April 30, 2013, 02:38:18 PM
 #2340

lol I bought @ 139 and was thinking that was a bit too early...looks like a good trade now  Wink

Tried to get in at 138.25 just missed. Bleh.  Grin
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