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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26384223 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.)
ChartBuddy
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August 30, 2013, 10:02:49 AM
 #28681

ChartBuddy
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August 30, 2013, 11:02:51 AM
 #28682

StarenseN
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August 30, 2013, 11:53:07 AM
 #28683

They are building a btc pipeline in turkey  Huh

LOL nice one indeed Cheesy
ChartBuddy
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August 30, 2013, 12:02:46 PM
 #28684

ChartBuddy
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August 30, 2013, 01:02:44 PM
 #28685

Walsoraj
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August 30, 2013, 01:53:58 PM
 #28686

Friday and 24hr volume is under 6,000. This cannot be good. What is going to happen when all the fiat finally leaves Gox? Pretty clear no one is interested in keeping the same amounts of fiat on the second largest exchange, bitstamp. Just look at the laughable depth, compared to Gox.

The only thing driving the price up in last month are paranoid whales who can't get money out fast enough via traditional wire, so they buy btc. LOL that not healthy uptrend at all.

I think we in for a mega-ultra crash to single digits once fiat dries up.
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August 30, 2013, 02:02:50 PM
 #28687

grovestr
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August 30, 2013, 02:13:48 PM
 #28688

Friday and 24hr volume is under 6,000. This cannot be good. What is going to happen when all the fiat finally leaves Gox? Pretty clear no one is interested in keeping the same amounts of fiat on the second largest exchange, bitstamp. Just look at the laughable depth, compared to Gox.

The only thing driving the price up in last month are paranoid whales who can't get money out fast enough via traditional wire, so they buy btc. LOL that not healthy uptrend at all.

I think we in for a mega-ultra crash to single digits once fiat dries up.
Walsoraj you forgot to relog into Jaroslaw.

But i'm also convienced about large price drop.
Wekkel
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August 30, 2013, 02:16:05 PM
 #28689

The only question is = when will the price drop?  Huh
JimboToronto
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August 30, 2013, 02:21:03 PM
 #28690

Friday and 24hr volume is under 6,000. This cannot be good. What is going to happen when all the fiat finally leaves Gox? Pretty clear no one is interested in keeping the same amounts of fiat on the second largest exchange, bitstamp. Just look at the laughable depth, compared to Gox.

The only thing driving the price up in last month are paranoid whales who can't get money out fast enough via traditional wire, so they buy btc. LOL that not healthy uptrend at all.

I think we in for a mega-ultra crash to single digits once fiat dries up.
Walsoraj you forgot to relog into Jaroslaw.

But i'm also convienced about large price drop.
I don't think the whales who've been driving the price up with well placed large buys and bidwalls are paranoid and trying to get their money out of MtGox, and I don't think they're done yet.
samson
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August 30, 2013, 02:52:39 PM
 #28691

Friday and 24hr volume is under 6,000. This cannot be good. What is going to happen when all the fiat finally leaves Gox? Pretty clear no one is interested in keeping the same amounts of fiat on the second largest exchange, bitstamp. Just look at the laughable depth, compared to Gox.

The only thing driving the price up in last month are paranoid whales who can't get money out fast enough via traditional wire, so they buy btc. LOL that not healthy uptrend at all.

I think we in for a mega-ultra crash to single digits once fiat dries up.

I hope so, I have plenty of fiat waiting for that scenario.
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August 30, 2013, 03:02:44 PM
 #28692

notme
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August 30, 2013, 03:04:06 PM
 #28693

at the risk of getting slaughtered here, does no one feel the price is being propped up? don't get me wrong i've been well wrong since July consistently but I dont see unabashed demand for bitcoins, i see huge buys at 4 AM UK time when the US is starting to go to bed and massive bid walls appearing as has been the case it seems from 75 onwards.

I am just curious as to how far this will go, clearly there is little trading activity at these new prices and those walls propping up the price if they dissapeared we would find ourselves at 120 again in no time flat.

Just curious if I'm reading this wrong and this is actually huge demand / paradigm shift.  To me it seems like a giant bet on which way the whales will go next.
Hmmm.....Whales can only Dive,lol!

To paraphrase a colloquialism we air dwellers use:
What goes down, must come up.

Whales, in particular, have to surface regularly to breathe.
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August 30, 2013, 03:05:52 PM
 #28694

Here we go!
adamstgBit
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August 30, 2013, 03:06:53 PM
 #28695

Here we go!

 Grin
meanig
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August 30, 2013, 03:07:56 PM
 #28696

Over $1 million in five minutes  Shocked
FNG
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August 30, 2013, 03:09:38 PM
 #28697

derpinheimer
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August 30, 2013, 03:10:11 PM
 #28698

Phew, had my ask at 133.8.. managed to get a buy in at 131.75.

Gox is lagging hard.

edit:nvm

Wow, resistance? That was unexpected.
Cablez
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August 30, 2013, 03:18:45 PM
 #28699

I would love to know who is throwing around this kind of money.  Already supported @135 with 1350. sheesh.
derpinheimer
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August 30, 2013, 03:19:42 PM
 #28700

I would love to know who is throwing around this kind of money.  Already supported @135 with 1350. sheesh.
And sold into, with a 1400 ask afterwards.

Now, 2450bid on 134.36
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