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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26367519 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. (174 posts by 3 users with 9 merit deleted.)
adamstgBit
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May 02, 2013, 05:01:09 PM
 #3221

Sell to me at $100 OTC or stfu.

but the price is now 105  Tongue
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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Jaroslaw
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May 02, 2013, 05:01:25 PM
 #3222

Sell to me at $100 OTC or stfu.

Why he should sell you a 100$ when he can sell at 105$ place your bid or stfu.
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May 02, 2013, 05:01:31 PM
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Quote
sounds really dangerous to do this kind of thing...

i would expect that when Mr.M start pumping, he won't be able to buy back 1/3 of his stash. and there's a really good chance someone throws in a few million and totaly fuckes up his plan.

Now you know why people have gambling problems.
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May 02, 2013, 05:02:07 PM
 #3224

Btw, this is the last day when we see $95 EVER, you can quote me on that.  Cool

Done.

We should have a wall of fame for these kind of statements.
gizmoh
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May 02, 2013, 05:02:33 PM
 #3225

In a bear phase, the mass buy in technique won't work anymore, albeit to hold the price for a short time.
awakening
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May 02, 2013, 05:04:55 PM
 #3226

Btw, this is the last day when we see $95 EVER, you can quote me on that.  Cool

Done.

We should have a wall of fame for these kind of statements.

Maybe then they would start to put a might in their statements. Or at least recognize that they're worth shit.  Grin
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May 02, 2013, 05:05:31 PM
 #3227

Yeah its pretty tasteless, i agree.

Welcome to the Internet BTW

Yes, you are a worthless troll.

Alright, alright, I'll delete it. The point was made, there are plenty of disgusting pics on the web it's only when you use them for purposes of rhetoric when it gets low.
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May 02, 2013, 05:07:47 PM
 #3228

Sell to me at $100 OTC or stfu.

but the price is now 105  Tongue

If he was serious he'd be offering a significant premium over gox... = to the opportunity cost of having goxcash during this LOOONG bank closed weekend.  Grin
fitty
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May 02, 2013, 05:08:28 PM
 #3229


sounds really dangerous to do this kind of thing...

i would expect that when Mr.M start pumping, he won't be able to buy back 1/3 of his stash. and there's a really good chance someone throws in a few million and totaly fuckes up his plan.

That's why we bounced so hard at $50. It was clear we weren’t going lower, everyone switched gears and started buying.

If you underestimate the buying pressure, you're going to end up losing money. The crash today should have suckered in way more panic sellers. There's been so much volatility, people just aren't phased as much anymore.

The thing to watch is the consolidation and aggressiveness of the ask walls. The big ask walls on the edge of a decline are to deter a bounce back and deter buying. Once the ask walls stop chasing the decline then we're probably at the bottom. Or the bulls make them run out of coins and then it's full rally time.
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May 02, 2013, 05:10:32 PM
 #3230

BUY bUY BUY!!

 Cheesy oh bitcoin

sucker,he should wait a bit  Grin

its weird how we can break above 100 and then someone takes it back down under 100 immediately, you'd think the sellers would welcome a jump above 100 and only sell off above that line,  the bid were about to pill up...


why why why would anyone do this  Cry

If you dump 50k coins over 3 days pushing the market down, you can't just buy back in at 95-100. That 5 million will buy things right back to 140 and you haven't made much if anything. Those ask walls are to keep the price down, while legitmate asks filter down and fill 100-110-120. So it's just not pushing the price down, it has to stay down in order for there to be coins to buy back in.

When the ask walls disappear, when there's no restistance, you know we're in the pump phase and the dump phase is over. But based on those ask walls we're not low enough yet for them to buy back in.

sounds really dangerous to do this kind of thing...

i would expect that when Mr.M start pumping, he won't be able to buy back 1/3 of his stash. and there's a really good chance someone throws in a few million and totaly fuckes up his plan.

He'd done it to my plan so I hope he'll regret it, lol

That buy could really turn this day to a stinker for me... was 400 coins away for order to be filled and feel like I don't want to chase it if it goes up at this moment.
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May 02, 2013, 05:17:50 PM
 #3231

With so much drama in the BTC it's kinda hard being the Nightowl A C E.
seleme
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May 02, 2013, 05:21:07 PM
 #3232

Come on someone, one more dump, only one  Grin
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May 02, 2013, 05:27:02 PM
 #3233

I'm done. I call 91 the bottom for today.
+1

I wish it was. But what makes you guys think the bottom is in? I thought that multiple times already today and yesterday.

He said "for today".

A lot of people are afraid of a slow dwindle as in 2011. So there is some hope all the weak hands are out already.

It depends on what happens next. Bitcoin/periphery running into trouble or some fiat currency breaking down. USA/EU/Japan are all printing money like there is no tomorrow. The Bitcoin conference is coming up so there is potential for good news, too.
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May 02, 2013, 05:29:25 PM
 #3234

Sell to me at $100 OTC or stfu.


You get a special price of $400,000. Everybody else can deal at market. That's how it'd look if this were a personal business.
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May 02, 2013, 05:33:28 PM
 #3235

I'm done. I call 91 the bottom for today.
+1

I wish it was. But what makes you guys think the bottom is in? I thought that multiple times already today and yesterday.

He said "for today".

A lot of people are afraid of a slow dwindle as in 2011. So there is some hope all the weak hands are out already.

It depends on what happens next. Bitcoin/periphery running into trouble or some fiat currency breaking down. USA/EU/Japan are all printing money like there is no tomorrow. The Bitcoin conference is coming up so there is potential for good news, too.

True dat'. I can't wait. Although I'll admit I was a bit more excited when we were at $250. Thats greed for you. Totally distorts ones ability to appreciate good things.
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May 02, 2013, 05:34:22 PM
 #3236

Lol. I took a chunk out of the ask wall at 104 and he ran away crying Cool
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May 02, 2013, 05:35:24 PM
 #3237

Lol. I took a chunk out of the ask wall at 104 and he ran away crying Cool

what's obviously fake, it's obviously fake  Undecided
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May 02, 2013, 05:36:07 PM
 #3238

Come on someone, one more dump, only one  Grin

I wouldn't be surprised to see those ask walls turn into market buys. We bottom to 91 and there's this many people buying it back to 104? People are still buying. A crash from 165 to 91 doesn't seem to concern them. That's got to be unsettling to the people trying to push the price down.

I don't know if it's bulls, new money, bitcoin fever, but I can't recall a time where people consistently bought into down trends, bought into coin dumps, bought into walls. Sure you can call it bull traps, but man there's a lot of bulls getting trapped, so much so the price is going back up.  
johnblaze
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May 02, 2013, 05:40:19 PM
 #3239

I don't know if it's bulls, new money, bitcoin fever, but I can't recall a time where people consistently bought into down trends, bought into coin dumps, bought into walls. Sure you can call it bull traps, but man there's a lot of bulls getting trapped, so much so the price is going back up.  

thats pretty much the case in every downtrend

and the reverse in every uptrend

otherwise the price would go straight up or down vertically
adamstgBit
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May 02, 2013, 05:40:53 PM
 #3240

Come on someone, one more dump, only one  Grin

I wouldn't be surprised to see those ask walls turn into market buys. We bottom to 91 and there's this many people buying it back to 104? People are still buying. A crash from 165 to 91 doesn't seem to concern them. That's got to be unsettling to the people trying to push the price down.

I don't know if it's bulls, new money, bitcoin fever, but I can't recall a time where people consistently bought into down trends, bought into coin dumps, bought into walls. Sure you can call it bull traps, but man there's a lot of bulls getting trapped, so much so the price is going back up.  
+1

I'm one of these bulls that is "trapped"  (bought at 120ish ) and it doesn't bother me. i will keep buying, because i have faith.
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