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Frozenlock
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May 05, 2013, 07:27:06 AM |
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Yup, if nobody's (panic) selling, that's very bullish IMO.
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"Bitcoin: the cutting edge of begging technology." -- Giraffe.BTC
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EuroTrash
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May 05, 2013, 07:32:32 AM |
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Yup, without any transactions someone is trying to maintain at least a 1 min lag.
My theory is that when the knife falls too fast bots do panic: they all try to cancel their buy orders and execute market sells instead. This makes things worse because then the engine starts lagging, adding delay to the feedback loop of the bots' decision process. |
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Frozenlock
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May 05, 2013, 07:35:52 AM |
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Hmm I don't know...
Why would it go down, then up again?
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yeemartin
Member
 Offline
Activity: 95
Merit: 10
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May 05, 2013, 07:45:39 AM |
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It seems to me that someone are trying desperately to ignite panic sells. However the market hold up quite well.
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Frozenlock
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May 05, 2013, 07:48:22 AM |
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I'm talking about the lag.  |
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Crazy
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May 05, 2013, 07:51:13 AM |
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If you're trying to induce a panic sell off you don't do it at 4AM EST/1AM PST. Just taking profits, as usual.
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Frozenlock
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May 05, 2013, 07:53:28 AM |
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I have no problem with profit taking. But the laaaaaag! The lag guys!  |
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rpietila
Donator
Legendary
Offline
Activity: 1722
Merit: 1030
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May 05, 2013, 07:54:46 AM |
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Looks like time for $122
I guess 118/19 - 111 - 124. I propose the 2nd retracement to 106 (instead of 111), otherwise I hardly make any money. I think I nailed this one  |
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rpietila
Donator
Legendary
Offline
Activity: 1722
Merit: 1030
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May 05, 2013, 08:03:43 AM |
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Looks like time for $122
I guess 118/19 - 111 - 124. I propose the 2nd retracement to 106 (instead of 111), otherwise I hardly make any money. I think I nailed this one Will be interesting to see if we do go over 120 here or back down under 100. Long weekend after all. How many times do I need to tell that we will not see 100 again?  I am all in today because this is insanely great buy. There is also quite much support in $105 (not that it means anything but buys are real, sells are fake). |
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ronaldlee0917
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May 05, 2013, 08:05:25 AM |
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another dump and buy scheme? |
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Frozenlock
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May 05, 2013, 08:06:01 AM |
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Hmm... the lag seems to indeed spike after the transactions.
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ErisDiscordia
Legendary
Offline
Activity: 1131
Merit: 1156
Imposition of ORder = Escalation of Chaos
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May 05, 2013, 08:06:22 AM |
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wow huuuuge buy just pushed the price up 8$  |
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rpietila
Donator
Legendary
Offline
Activity: 1722
Merit: 1030
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May 05, 2013, 08:08:18 AM |
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wow huuuuge buy just pushed the price up 8$ That was only because I said I am done buying. Nothing to see there. |
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damnek
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May 05, 2013, 08:17:22 AM |
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How many times do I need to tell that we will not see 100 again? We've heard this one before |
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cedivad
Legendary
Offline
Activity: 1176
Merit: 1001
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May 05, 2013, 08:20:07 AM |
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How many times do I need to tell that we will not see 100 again? We've heard this one before The buy wasn't huge at all, and I started to see ignore that egomaniac guy. |
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ErisDiscordia
Legendary
Offline
Activity: 1131
Merit: 1156
Imposition of ORder = Escalation of Chaos
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May 05, 2013, 08:25:47 AM |
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maybe a 2K BTC buy just seems big to noobish little me  by the way since I'm posting already, I want to publicly praise DougTanner for being a friendly, on-topic beacon of light in the shitstorm this topic has been devolving into lately.  |
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cedivad
Legendary
Offline
Activity: 1176
Merit: 1001
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May 05, 2013, 08:27:45 AM |
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maybe a 2K BTC buy just seems big to noobish little me by the way since I'm posting already, I want to publicly praise DougTanner for being a friendly, on-topic beacon of light in the shitstorm this topic has been devolving into lately. You should have seen the 50k market buy that drove us out of the shit 2 days ago... 75 to 105. That was huge. This seems huge because the market depth was tiny. |
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Jaroslaw
Member
Offline
Activity: 84
Merit: 10
supernode
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May 05, 2013, 08:29:29 AM |
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Looks like time for $122
I guess 118/19 - 111 - 124. I propose the 2nd retracement to 106 (instead of 111), otherwise I hardly make any money. I think I nailed this one Will be interesting to see if we do go over 120 here or back down under 100. Long weekend after all. How many times do I need to tell that we will not see 100 again? I am all in today because this is insanely great buy. There is also quite much support in $105 (not that it means anything but buys are real, sells are fake). You said it before we will never see 95$- you failet it goes to 79$ Its your 45th time you are all in "today" nothing new, get a life and get a beetter work than limo driver for weddings. |
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smoothie
Legendary
Offline
Activity: 2436
Merit: 1449
KIZEKRA COMICS & LEALANA Silver Monero
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May 05, 2013, 08:35:48 AM |
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Looks like time for $122
I guess 118/19 - 111 - 124. I propose the 2nd retracement to 106 (instead of 111), otherwise I hardly make any money. I think I nailed this one Will be interesting to see if we do go over 120 here or back down under 100. Long weekend after all. How many times do I need to tell that we will not see 100 again? I am all in today because this is insanely great buy. There is also quite much support in $105 (not that it means anything but buys are real, sells are fake). No any wall buy or sell can be faked. It depends upon the user making the wall. To say what you said is to be ignorant. A wall = 1 click....to be put up and to take down. |
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ErisDiscordia
Legendary
Offline
Activity: 1131
Merit: 1156
Imposition of ORder = Escalation of Chaos
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May 05, 2013, 08:36:30 AM |
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maybe a 2K BTC buy just seems big to noobish little me by the way since I'm posting already, I want to publicly praise DougTanner for being a friendly, on-topic beacon of light in the shitstorm this topic has been devolving into lately. You should have seen the 50k market buy that drove us out of the shit 2 days ago... 75 to 105. That was huge. This seems huge because the market depth was tiny. you're right But randomly watching clarkmoody and witnessing one of these huge moves always makes my heart beat faster |
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