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Question: Jan. 17 Closing Price:
$0 - 3 (2.7%)
<$6500 - 5 (4.5%)
$6,500-$7,000 - 6 (5.4%)
$7,000-$7,500 - 8 (7.2%)
$7,500-$8,000 - 16 (14.4%)
$8,000-$8,500 - 25 (22.5%)
$8,500-$9,000 - 10 (9%)
$9,000-$9,500 - 15 (13.5%)
>$9,500 - 23 (20.7%)
Total Voters: 111

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21495508 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. (138 posts by 32 users deleted.)
Chainsaw
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May 16, 2013, 11:50:00 PM
 #8861

Real question is when we test 125, which failed 3 times when the market was more bullish 1.5-2 weeks ago, will we break through?

The lack-of-crash from the Gox fiasco, alongside Peter Thiel, WebMoney, and the Bitcoin Conference lead me to think the answer is yes.
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michaelGedi
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May 16, 2013, 11:53:33 PM
 #8862



the question is whether it's worth buying more on bitstamp with such massive ask walls...
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May 16, 2013, 11:54:44 PM
 #8863

There's a correction coming.  Doubt we'll break through 120.

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We'll see shortly won't we.   Wink 
01BTC10
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May 16, 2013, 11:55:02 PM
 #8864

The general bitcoiner sentiment over the last weeks reminds me bipolar disorder.
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May 16, 2013, 11:58:08 PM
 #8865

The general bitcoiner sentiment over the last weeks reminds me bipolar disorder.

100%
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May 17, 2013, 12:01:47 AM
 #8866



the question is whether it's worth buying more on bitstamp with such massive ask walls...

Yeah lots of coins from Gox there it seems. I personally think it's worth buying, those coins won't stay there forever and once all former US dwolla users who wanted to cash out have cashed out then the price will catch up to Gox's and you will regret not having bought earlier.
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1PwXK9TpmmaaqaZz2eqcLkPU2C1Fcva39G


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May 17, 2013, 12:02:24 AM
 #8867

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May 17, 2013, 12:04:14 AM
 #8868

the question is whether it's worth buying more on bitstamp with such massive ask walls...

Yeah, they are really scarry. Also ~90 BTC till 110 $ is a joke. Nevertheless, the walls were there the whole day and got a bit smaller. I doubt something crazy happens, but if the course changes and we go down, it will be even faster on Bitstamp.


Real question is when we test 125, which failed 3 times when the market was more bullish 1.5-2 weeks ago, will we break through?

The theory of an ascending triangle (which we have) is a breakthrough.




To warn you, I'm biased. Cheesy
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May 17, 2013, 12:04:53 AM
 #8869

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May 17, 2013, 12:06:24 AM
 #8870


Drop off at 120?

edit: and lol
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May 17, 2013, 12:09:06 AM
 #8871



the question is whether it's worth buying more on bitstamp with such massive ask walls...

Yeah lots of coins from Gox there it seems. I personally think it's worth buying, those coins won't stay there forever and once all former US dwolla users who wanted to cash out have cashed out then the price will catch up to Gox's and you will regret not having bought earlier.

Additional note to this.

If those are Goxcoins, I bet their holder are not willing to sell them with 5 $ loss.
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May 17, 2013, 12:09:44 AM
 #8872

all aboard, full steam ahead!!

yeah I bought back in with spare money... temporary weekend "wait and see" trade... I can see even if the mtgox spikes are due to people wanting to withdraw coins, there were a bunch of bidders with decent sized sums inching up over each other to buy back in and follow gox's trend...
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May 17, 2013, 12:15:36 AM
 #8873

Run Forest, run!   Grin
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May 17, 2013, 12:27:31 AM
 #8874

Sentiment seems good here. Hopefully this means, this time, we don't roll over as soon as we see a $10 gain.
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May 17, 2013, 12:34:05 AM
 #8875

Miz4r
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May 17, 2013, 12:34:39 AM
 #8876

This rally needs a good warming up first, I don't expect 120 to fall in the next couple of hours already. We'll probably hang out between 117-119 for a while until a big buyer decides enough is enough and gobbles up the wall.
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May 17, 2013, 12:41:49 AM
 #8877

This rally needs a good warming up first, I don't expect 120 to fall in the next couple of hours already. We'll probably hang out between 117-119 for a while until a big buyer decides enough is enough and gobbles up the wall.

Not really a "rally" then is it?  Grin
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May 17, 2013, 12:43:06 AM
 #8878


The validity of your statement will indeed be tested in due time, however it is already crystal clear that no facts were provided as backing for said assertion.  Smiley

This is Bitcoin, there are no facts.  Only speculations.
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May 17, 2013, 12:47:09 AM
 #8879

Not really a "rally" then is it?  Grin

May I ask which position you hold and what your prediction for the next hours and days is?
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May 17, 2013, 12:47:51 AM
 #8880



This is Bitcoin, there are no facts.  Only speculations.

There are a few facts. One of which is that your Ignore indicator is looking more and more jaundiced. Wink
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