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Liquid
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May 05, 2013, 09:53:58 AM |
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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EuroTrash
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May 05, 2013, 10:02:36 AM |
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Yes KillaMarci, looks like a bearish pennant on clarkmoody. Most of the rocket fuel has been used up on the China news and there is not much supply over the weekend. Might retest $100.
We are all so gullible aren't we?  The wall at 107 was gone by the time I went for a shower. |
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EuroTrash
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May 05, 2013, 10:05:57 AM |
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what a pointless thread.
what a fast ignore. |
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rpietila
Donator
Legendary
 Offline
Activity: 1722
Merit: 1036
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May 05, 2013, 10:55:58 AM |
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Yes KillaMarci, looks like a bearish pennant on clarkmoody. Most of the rocket fuel has been used up on the China news and there is not much supply over the weekend. Might retest $100.
I think we will retest $90 if we go under $105 (and i think we will). I think $100 will not be breached but no bets. My reasoning: 79->119 first retracement 104.2 95->119 second retracement 103.7. I am calling 50% probability that this will be the area of capitulation, and next we go up. - 25% we go to the $95 area and then up. - 25% we leave this behind right away since 105 mighty wall already took two assaults from above, and was not even close. There is immense buying pressure. |
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nagnagnag2
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May 05, 2013, 10:59:27 AM |
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108.00000 @ 18199.85193080  |
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Nemesis
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May 05, 2013, 11:00:13 AM |
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Yes KillaMarci, looks like a bearish pennant on clarkmoody. Most of the rocket fuel has been used up on the China news and there is not much supply over the weekend. Might retest $100.
I think we will retest $90 if we go under $105 (and i think we will). I think $100 will not be breached but no bets. My reasoning: 79->119 first retracement 104.2 95->119 second retracement 103.7. I am calling 50% probability that this will be the area of capitulation, and next we go up. - 25% we go to the $95 area and then up. - 25% we leave this behind right away since 105 mighty wall already took two assaults from above, and was not even close. There is immense buying pressure. Or.... you can shut the fck up already. |
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KillaMarci
Member
Offline
Activity: 84
Merit: 10
Bitcoin Mininode...and proud!
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May 05, 2013, 11:02:05 AM |
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The sudden rise just now breached the triangle I posted earlier. 1min + lag on Gox right now.
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Nemesis
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May 05, 2013, 11:02:43 AM |
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108.00000 @ 18199.85193080 The guy must be new to manipulation. He should learn how pros do it |
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Sitarow
Legendary
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Activity: 1792
Merit: 1047
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May 05, 2013, 11:03:37 AM |
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N12
Donator
Legendary
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Activity: 1610
Merit: 1010
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May 05, 2013, 11:09:59 AM |
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Looks like we are back in 2011, where huge walls were used to manipulate people on either side.
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ironstove
Member
Offline
Activity: 111
Merit: 10
Possibilities are limitless
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May 05, 2013, 11:19:06 AM |
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Looks like we are back in 2011, where huge walls were used to manipulate people on either side.
Seems more on the buy side. 40k bids show up and keep disappearing between 100-105. |
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AmazonStuff
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May 05, 2013, 11:20:38 AM |
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Some Wallzilla is playing with his $2 000 000, go left, go right, he must be drunk  |
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N12
Donator
Legendary
Offline
Activity: 1610
Merit: 1010
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May 05, 2013, 11:21:17 AM |
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There was a similarly sized ask from when we plunged to 50 and rebounded to ~80 in the 90s. Of course it vanished.
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ironstove
Member
Offline
Activity: 111
Merit: 10
Possibilities are limitless
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May 05, 2013, 11:32:09 AM |
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certainly amusing, if we manage to hit the 105 wall, you're going to suddenly see 20k bids disappear into thin air.
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Its About Sharing
Legendary
Offline
Activity: 1442
Merit: 1000
Antifragile
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May 05, 2013, 11:35:25 AM |
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certainly amusing, if we manage to hit the 105 wall, you're going to suddenly see 20k bids disappear into thin air.
Yep. Clearly those walls are not all buys and sells but just manipulations. But, there are many people not showing their cards and just waiting to jump in one way of the other... |
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Jaques
Member
Offline
Activity: 112
Merit: 10
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May 05, 2013, 11:36:05 AM |
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certainly amusing, if we manage to hit the 105 wall, you're going to suddenly see 20k bids disappear into thin air.
how do you know, is it your wall? |
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Rampion
Legendary
Offline
Activity: 1148
Merit: 1018
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May 05, 2013, 11:36:28 AM |
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Man, what's with that $2M just added to the order book? IMO that's a huge manipulation attempt, next move on this pump and dump that will probably unfold from Monday to Wednesday. Check it:  |
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Its About Sharing
Legendary
Offline
Activity: 1442
Merit: 1000
Antifragile
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May 05, 2013, 11:40:33 AM |
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Man, what's with that $2M just added to the order book? IMO that's a huge manipulation attempt, next move on this pump and dump that will probably unfold from Monday to Wednesday. Check it: But when it is so "obvious" it can go either way, no? |
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xorglub
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May 05, 2013, 11:42:33 AM |
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That's the $100 bid wall that just popped up. Most likely fake.
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bozak
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May 05, 2013, 11:44:56 AM |
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I don't know, although there is some obvious market manipulation going on, that is an awful lot to put in as bid orders that close to the current trading price. The orders are still live right now. Just another sign that some real money is starting to take notice of BTC, not just miners, geeks, and economists.
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