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Terpie
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April 17, 2013, 02:43:40 AM |
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It's easy. If you want to buy a million dollars worth of coins, you're probably pretty smart and know what you're doing. And if you know what you're doing, then you don't try to buy them by putting one order in the order book at one price thats been beaten through several times in the last 24 hours.
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michaelGedi
Sr. Member
 Offline
Activity: 364
Merit: 250
"to be or not to be, that is the bitcoin"
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April 17, 2013, 02:45:32 AM |
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I'm worried someone will take them up on the offer and dump 15k BTC on the market. Even if it's a fake/bug wall, I'm still surprised no one has decided to test it. 30% of the people predicting the 24 hr low think we'll be below $50 within 20 hours.
So if no one will bite on the $70 mega buy out, they certainly won't be dumping if it slides into the $60 or $50s. At least for now the panic has left the room.
'tis a valid point. probably for this reason alone we will not go below $50 my hunch is with image - 1.11M dollars.... now what i want to know is if this is someone very rich who put that money into the system, or someone who sold a lot of coins at $260ish and now has all that to play with on Gox...? thoughts?  |
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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April 17, 2013, 02:47:12 AM |
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3.5k wall on 75 eaten in seconds
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just1nmc
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April 17, 2013, 02:47:28 AM |
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3.5k wall on 75 eaten in seconds
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Frozenlock
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April 17, 2013, 02:48:31 AM |
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It's easy. If you want to buy a million dollars worth of coins, you're probably pretty smart and know what you're doing. And if you know what you're doing, then you don't try to buy them by putting one order in the order book at one price thats been beaten through several times in the last 24 hours.
Sure, but if you have a wall of 1 million, then you must have the money back it up, no? |
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zoinky
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April 17, 2013, 02:55:54 AM |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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April 17, 2013, 03:40:48 AM |
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sorry for all the confusion guys.
i will not be deleting any posts here
this is just the new thread because the old was was just too big.
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Zangelbert Bingledack
Legendary
Offline
Activity: 1036
Merit: 1000
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April 17, 2013, 03:46:30 AM |
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Had me scared for a few minutes there, I thought the party was coming to an end
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jojo69
Legendary
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Activity: 3150
Merit: 4309
diamond-handed zealot
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April 17, 2013, 04:12:36 AM |
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wow
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Loaded
Full Member
Offline
Activity: 135
Merit: 113
whale eater
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April 17, 2013, 04:14:03 AM |
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This has been one wild week... I've been dealing with calls and emails nearly 24 hours a day. Managed to keep most of the panic sells between old and new clients and off the market.
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ineededausername
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April 17, 2013, 04:15:41 AM |
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This has been one wild week... I've been dealing with calls and emails nearly 24 hours a day. Managed to keep most of the panic sells between old and new clients and off the market.
So has the panic stopped? Are we going to see more upwards activity again?  |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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April 17, 2013, 04:35:51 AM |
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This has been one wild week... I've been dealing with calls and emails nearly 24 hours a day. Managed to keep most of the panic sells between old and new clients and off the market.
So has the panic stopped? Are we going to see more upwards activity again? once its clear that it stopped going down.... ya! for sure. |
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dooglus
Legendary
Offline
Activity: 2940
Merit: 1330
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April 17, 2013, 04:46:49 AM |
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 Also, could someone please tell me what the green line represents exactly? The green line is weird on bitcoinium. It seems to be the price rounded to the nearest whole dollar price. See how it steps from one dollar to the next, never going part way between dollars? Edit: you can see the effect even better here: See how the line steps either side of the $67.5 gridline? |
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cedivad
Legendary
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Activity: 1176
Merit: 1001
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April 17, 2013, 05:22:24 AM |
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(.)
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just1nmc
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April 17, 2013, 06:07:18 AM |
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Bids are rising.  |
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hobbes
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April 17, 2013, 06:51:47 AM |
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why is this thread moderated?
Adam, you might want to post a link to this thread into the old thread.
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thoughtfan
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April 17, 2013, 07:02:04 AM |
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So my question is how influential are Adam's wall threads on the market? Was the settling of the brief uncertainty as to whether we were going to a new thread, to carrying on with the old or both the sign the market needed to have the confidence to start buying in earnest again? Will Adam's decision to go with the new the sign the market needed to no longer worry about going below $50? Thank you Adam for rescuing the Bitcoin market  On an (almost) serious note, thanks for flipping over to a new thread and for opening it to off topic too  I hope the new influx of bitcaintalk members (and us lot who may sometimes be prone to just post anything) won't make it impractically unwieldy too quickly. |
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thoughtfan
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April 17, 2013, 07:03:46 AM |
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why is this thread moderated?
sorry for all the confusion guys.
i will not be deleting any posts here
this is just the new thread because the old was was just too big.
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jwzguy
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April 17, 2013, 07:09:12 AM |
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Bids are rising. What site are you pulling this from, if you would be so kind? |
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jwzguy
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April 17, 2013, 07:15:18 AM |
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Poll
