derpinheimer
Legendary
 Offline
Activity: 896
Merit: 1000
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August 04, 2013, 11:26:28 PM |
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But this was at 103 before... so we don't have "more" bids... it just moved.
Originally there was 5k on 101. Now there is around 9k total bidwalls on 100. Tell me buying pressure isnt increasing. |
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solex
Legendary
Offline
Activity: 1078
Merit: 1002
100 satoshis -> ISO code
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August 04, 2013, 11:47:48 PM |
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today a 2k+ wall appeared at 105 so buying pressure has increased, someone then moved 2k from 103 to join it at 105, hence the drop from 4k+ to 2k+ at 103, i'm guessing the new wall is just the person who pulled most of their buy wall when the price was dropping couple of days ago.
Perhaps some whale buyers are afraid of missing the train. The 4 hour gox chart looks like a pennant breakout is happening, like this example...  |
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fr33d0miz3r
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August 04, 2013, 11:54:04 PM |
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yo yo yo! c'mon! up uP UP!
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Kazu
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August 04, 2013, 11:55:01 PM |
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I'm officially being screwed over right now. The goddamn interest rates on Bitfinex for borrowing BTC are practically 0 while you have to pay some monstrous rate to borrow USD, the price is going up, and I cant do shit. WTF do I do now. I have already lost like 2 BTC if I buy right now.
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fr33d0miz3r
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August 04, 2013, 11:56:56 PM |
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oh, we have intentions for panic buying? yeah! c'mon! buy bitcoins while still you can! Even the moon says "BUY!!!". Be a wolf! Buy bitcoins now! Interesting times guys   |
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ChartBuddy
Legendary
Offline
Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 05, 2013, 12:01:18 AM |
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vokain
Legendary
Offline
Activity: 1834
Merit: 1019
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August 05, 2013, 12:02:50 AM |
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I'm officially being screwed over right now. The goddamn interest rates on Bitfinex for borrowing BTC are practically 0 while you have to pay some monstrous rate to borrow USD, the price is going up, and I cant do shit. WTF do I do now. I have already lost like 2 BTC if I buy right now.
lol margin  also, 0.16%/day isn't the worst |
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hlynur
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August 05, 2013, 12:37:46 AM |
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oh, we have intentions for panic buying? yeah! c'mon! buy bitcoins while still you can! Even the moon says "BUY!!!". Be a wolf! Buy bitcoins now! Interesting times guys we have new moon right now, so nothing to howl at, but nice to see the rare occasion of some evening/midnight pumping. (somebody needs to check that astrology chart  ) what a good start for the new week, always feels like a refreshing treatment. perhaps another test of 110 around wednesday... who knows? i love summer time, gives you that buddhistic approach to trading  buy buy buy! |
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lucas.sev
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August 05, 2013, 12:42:00 AM |
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5k wall at 105...
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fr33d0miz3r
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August 05, 2013, 12:42:37 AM |
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we have new moon right now, so nothing to howl at,
actually we'll have full moon in 1 day. So, it's the best time to BUY it NOW, while bitcoin haven't started to rise again. |
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hlynur
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August 05, 2013, 12:55:06 AM |
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we have new moon right now, so nothing to howl at,
actually we'll have full moon in 1 day nope new moon in one day. edit: at least in europe...i'm too sleepy right now to figure that one out with other continents. |
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fr33d0miz3r
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August 05, 2013, 12:58:11 AM |
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nope new moon in one day.
yes, sorry. F*cking tradingview |
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ChartBuddy
Legendary
Offline
Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 05, 2013, 01:01:31 AM |
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hlynur
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August 05, 2013, 01:02:25 AM |
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nope new moon in one day.
yes, sorry. F*cking tradingview nevermind, just got me twisted after second beer to smoke a cig on my balcony and blink to the nightsky. |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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August 05, 2013, 01:02:32 AM |
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vokain
Legendary
Offline
Activity: 1834
Merit: 1019
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August 05, 2013, 01:03:38 AM |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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August 05, 2013, 01:04:28 AM |
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i better send some more money... |
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hlynur
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August 05, 2013, 01:17:27 AM |
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today a 2k+ wall appeared at 105 so buying pressure has increased, someone then moved 2k from 103 to join it at 105, hence the drop from 4k+ to 2k+ at 103, i'm guessing the new wall is just the person who pulled most of their buy wall when the price was dropping couple of days ago.
Perhaps some whale buyers are afraid of missing the train. The 4 hour gox chart looks like a pennant breakout is happening, like this example... i'm not good at TA in any way, i just recognize some stuff from time to time. but when i see this  and this  i wonder if we already broke out of the shoulder phase, or if 110 is the neckline ...or if there isn't any connection at all to this pattern and i should stop trying  |
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vokain
Legendary
Offline
Activity: 1834
Merit: 1019
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August 05, 2013, 01:22:43 AM |
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^ We have not yet broken out
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