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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21578203 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. (143 posts by 33 users deleted.)
notme
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May 13, 2013, 12:14:20 AM
 #7361

It can last weeks.

That's not very long in the grand scheme of things.

I beg to differ. Confidence is about knowing we won't tank. Compare with 2011. We're doing pretty good.

And what happens if we do tank?

The price will probably go down to sub $50 levels and eventually rebound after a period of consolidation.

It will be a very good buying opportunity but calling the real low won't be easy as there will be many lows with 'bounces' on the way down.

Fuck calling a bottom, buy every x% down.  If you want to get a better price and trust there will be a lot more downward movement, increase the order size at each level.
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UltimateReaper
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May 13, 2013, 12:23:34 AM
 #7362

It can last weeks.

That's not very long in the grand scheme of things.

I beg to differ. Confidence is about knowing we won't tank. Compare with 2011. We're doing pretty good.

And what happens if we do tank?

Cheap coins?  Grin

Cheap coins  Grin
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May 13, 2013, 12:37:52 AM
 #7363

$1M usd disappeared today from the order book.

We may see cheap coins soon  Grin

We all had many chances now to buy cheap coins. How much longer will it make you extremely happy to see Bitcoin go down instead of up? Another year? 5 years?

^ this. It's been more than long enough now. Cheap coins are pointless if you keep cheapening them.
Frozenlock
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May 13, 2013, 12:47:33 AM
 #7364

$1M usd disappeared today from the order book.

We may see cheap coins soon  Grin

We all had many chances now to buy cheap coins. How much longer will it make you extremely happy to see Bitcoin go down instead of up? Another year? 5 years?

^ this. It's been more than long enough now. Cheap coins are pointless if you keep cheapening them.

If 2011 did teach us something, it's there's always cheaper coins.  Wink
N12
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May 13, 2013, 12:56:32 AM
 #7365

Most people here are new and don't remember. Smiley
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May 13, 2013, 01:03:14 AM
 #7366

adamstgBit
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May 13, 2013, 01:06:23 AM
 #7367

Most people here are new and don't remember. Smiley

2011 was Crazy Awesome

the atmosphere on the forum as we slide down closer and closer to 1$ was ecstatic!

solex
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May 13, 2013, 01:13:41 AM
 #7368

Most people here are new and don't remember. Smiley

2011 was Crazy Awesome

the atmosphere on the forum as we slide down closer and closer to 1$ was ecstatic!



I wasn't there but I can just imagine how people were so happy and falling over themselves to buy shedloads of BTC at $5, $4, then $3, then whoohoo $2!
01BTC10
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May 13, 2013, 01:21:48 AM
 #7369

Most people here are new and don't remember. Smiley

2011 was Crazy Awesome

the atmosphere on the forum as we slide down closer and closer to 1$ was ecstatic!



I wasn't there but I can just imagine how people were so happy and falling over themselves to buy shedloads of BTC at $5, $4, then $3, then whoohoo $2!

Price went this low because market confidence was mediocre.
Piper67
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May 13, 2013, 01:26:37 AM
 #7370

$1M usd disappeared today from the order book.

We may see cheap coins soon  Grin

We all had many chances now to buy cheap coins. How much longer will it make you extremely happy to see Bitcoin go down instead of up? Another year? 5 years?

^ this. It's been more than long enough now. Cheap coins are pointless if you keep cheapening them.

If 2011 did teach us something, it's there's always cheaper coins.  Wink

Nonsense. If 2011 taught us anything is that there's a window for cheaper coins, and if you miss it, you've missed it.
adamstgBit
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May 13, 2013, 01:28:26 AM
 #7371

Most people here are new and don't remember. Smiley

2011 was Crazy Awesome

the atmosphere on the forum as we slide down closer and closer to 1$ was ecstatic!



I wasn't there but I can just imagine how people were so happy and falling over themselves to buy shedloads of BTC at $5, $4, then $3, then whoohoo $2!

Price went this low because market confidence was mediocre.
confidence was shot!

but at 1$ the Speculation forum, ecstatic!
and proudhon was still saying sell Tongue
lol
ChartBuddy
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May 13, 2013, 02:03:22 AM
 #7372

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May 13, 2013, 03:02:47 AM
 #7373

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May 13, 2013, 03:55:09 AM
 #7374

Chartbuddy stop spamming
notme
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May 13, 2013, 03:59:03 AM
 #7375

Chartbuddy stop spamming

Dumbastronaut stop spamming
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May 13, 2013, 04:00:15 AM
 #7376

How dare you talk to ChartBuddy like that!  Cool
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May 13, 2013, 04:03:01 AM
 #7377

SlipperySlope
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May 13, 2013, 04:29:22 AM
 #7378

Most people here are new and don't remember. Smiley

2011 was Crazy Awesome

the atmosphere on the forum as we slide down closer and closer to 1$ was ecstatic!



I wasn't there but I can just imagine how people were so happy and falling over themselves to buy shedloads of BTC at $5, $4, then $3, then whoohoo $2!


I was there. The reason that prices went so low was that bargain hunters bought back in too high. For example, I bought back in at $14. Postings the week of the 2011 bottom were looking for bitcoin to drop below $1 - which did not happen.
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May 13, 2013, 04:33:02 AM
 #7379

Chartbuddy stop spamming

If you find the 3-D depth chart unhelpful, then simply ignore the Chartbuddy user - its a bot.
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May 13, 2013, 04:44:49 AM
 #7380

Low volume over the weekend has consolidated into a narrowing trading rage. Perhaps wall-busting volume will occur on Monday.

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