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Question: Sept. 30 Closing Price:
<$5,000 - 11 (13.4%)
$5000-$5,500 - 2 (2.4%)
$5,500-$6,000 - 4 (4.9%)
$6,000-$6,500 - 10 (12.2%)
$6,500-$7,000 - 13 (15.9%)
$7,000-$7,500 - 11 (13.4%)
$7,500-$8,000 - 4 (4.9%)
$8,000-$8,500 - 5 (6.1%)
>$8,500 - 22 (26.8%)
Total Voters: 82

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 20472560 times)
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Beta-coiner1
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April 21, 2013, 03:00:37 AM
 #681

A little more...
Yeah,no wonder there is a rally. Shocked
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DrG
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April 21, 2013, 03:46:31 AM
 #682

I keep getting optimistic that it will get near $135 again but every time it nears that ($132 on the last major run) somebody dumps 1-4k of coins (probably bought in at $56 and cashing out).
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April 21, 2013, 03:51:51 AM
 #683

And here it comes, the sell off

but it's low volume so far
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April 21, 2013, 03:53:22 AM
 #684

And here it comes, the sell off

but it's low volume so far
What is this sell off you speak of? There is huge sells and no price change. More like, playing-chicken-with-wall time.
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April 21, 2013, 03:57:26 AM
 #685

And here it comes, the sell off

but it's low volume so far
What is this sell off you speak of? There is huge sells and no price change. More like, playing-chicken-with-wall time.

Lol, I think we need to all remind ourselves that this is the weekend still. The fact that the price rose at all is impressive, it doesn't need to go to $130+
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April 21, 2013, 04:00:00 AM
 #686

Well it did go from $129.x to $127.01in 2 min.  I figured it would go back to $120 but again low volume of only 200 didn't move it far.
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April 21, 2013, 04:16:15 AM
 #687

Well it did go from $129.x to $127.01in 2 min.  I figured it would go back to $120 but again low volume of only 200 didn't move it far.

Probably stay within $125 and $130 for the forseeable future (which is, for bitcoin, like 5 hours lol).
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April 21, 2013, 04:59:27 AM
 #688

Apparently the forseeable future was half an hour. It "crashed" down to 121.11. Looks like its bottoming out. Put a small buy order at $120.51. Not sure if it will be executed, its so small I hardly care.
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April 21, 2013, 05:00:42 AM
 #689

Apparently the forseeable future was half an hour. It "crashed" down to 121.11. Looks like its bottoming out. Put a small buy order at $120.51. Not sure if it will be executed, its so small I hardly care.

Huge increase in volume and big drop like said in the last 10 mins. But already climbed back to 125 as I type this.
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April 21, 2013, 05:01:00 AM
 #690

~BTC6k sell off. I can't tell if there's just a lot of impatient people with tons of coins or if they're still trying to start a panic sell..

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April 21, 2013, 05:02:14 AM
 #691

Apparently the forseeable future was half an hour. It "crashed" down to 121.11. Looks like its bottoming out. Put a small buy order at $120.51. Not sure if it will be executed, its so small I hardly care.

Huge increase in volume and big drop like said in the last 10 mins. But already climbed back to 125 as I type this.

Not sure. I suspect its one of these people that is like "well, this is  pretty good price to sell, probably will dip lower anyways, if I put in a momumental sell order split into 1038204820 different trades it will look like a sell off maybe I can get the price to tank while I'm at it."
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April 21, 2013, 05:07:05 AM
 #692

http://i.imgur.com/WeXKOpm.png

Looks like the Grand Canyon down there.
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April 21, 2013, 05:10:09 AM
 #693



Looks like the Grand Canyon down there.

Lol. It does though, doesn't it.
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April 21, 2013, 07:08:09 AM
 #694




 Cheesy


So Far so good.
just1nmc
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April 21, 2013, 08:35:51 AM
 #695

A few big sellers drove the price down the past couple hours with market orders. Some panic selling as it approached $120.

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April 21, 2013, 08:39:35 AM
 #696

Big dump. But a 1k buy order got put for about 1 second right at the top then immediately pulled
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April 21, 2013, 08:39:59 AM
 #697

120 wall broken... will it bounce ?
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April 21, 2013, 08:48:56 AM
 #698

Must read, clarifies your thoughts on the price (3 min only).

The "double auction" method described, is the way I also would solve the fiat/BTC problem. Coupled with a Dealer Network, where only the members have access to the auction, and the general public either buys from them OTC or uses the real-time exchanges, which are relegated to a marginal "casino" role, where the bulls and bears both win, only sheep get slaughtered.

Long term transfer of coin-denominated wealth would go the route of  "large private holds -> Dealer Network (most of these by design have large holds themselves and may therefore easily unload their own holdings) -> paper wallets of the new adopters".
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April 21, 2013, 08:50:43 AM
 #699

120 wall broken... will it bounce ?

someone did a big short ... Smiley it has to come back some time
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April 21, 2013, 09:31:26 AM
 #700

Must read, clarifies your thoughts on the price (3 min only).

The "double auction" method described, is the way I also would solve the fiat/BTC problem. Coupled with a Dealer Network, where only the members have access to the auction, and the general public either buys from them OTC or uses the real-time exchanges, which are relegated to a marginal "casino" role, where the bulls and bears both win, only sheep get slaughtered.

Long term transfer of coin-denominated wealth would go the route of  "large private holds -> Dealer Network (most of these by design have large holds themselves and may therefore easily unload their own holdings) -> paper wallets of the new adopters".

You do realize that you are in a community where any service operator who can't achieve more than 99.999% uptime will get crucified on the cross of shame and be spitted on? Wink Geeks don't give a damn about your fancy order-matching idea, and how a real world exchange should operate, if you dare to entertain with the idea of an exchange not having to process orders real-time every second 24*7, you will get strapped of your badge of nerdiness and ostracized forever. Shocked
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