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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26367638 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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June 07, 2013, 04:53:53 PM
 #14001

I'm still wondering what the 7.5k btc buy at 1pm CET was all about. I didn't see it when it took place, but I'm pretty sure it was one big order.

Why would a whale buy right into the downtrend? He had a slippage alone of 3 or 4 USD. And why not wait a few hours longer and buy even cheaper.

It's too much volume to be a stabilizing move, in my opinion, but it doesn't make much sense otherwise. I'm puzzled.

buying below 120 is a good bet.
we will see 120 again relatively soon.
it won't go down forever, make the most of it while you can.
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adamstgBit
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June 07, 2013, 04:54:42 PM
 #14002

i should go cover my short...
samson
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June 07, 2013, 04:55:09 PM
 #14003

Testing $105ish today? I think as soon as we touch it we will go through it like a hot knife through butter.

Next level to be tested will be $90ish, and next REAL support $80ish. Anyhow, as Oda said earlier I think testing $80 won't happen too soon. But honestly, I think the sooner the better. I wouldn't mind at all going rapidly to $50 and double bottoming it hard, with big volume. That would mean that the only way is UP, slowly, but UP. IMO that's the best case scenario for the bulls. Breaking ATH during this year is not happening IMO. And a rally to $165 won't happen any soon neither.

xseeee ME...but ... the best scenario for a bull is a price drop?   Smiley
yeah , I know i'm reading between lines but still , was funny

For a realistic long-term bull with his feet on the ground (like most of us here) it's indeed the best case scenario, considering we had PARABOLIC growth (=bubble) a few weeks ago.

For a "rptard style" delusional bull short on meds expecting $300k per BTC by the end of the year, I guess "best case scenar¡o" is TO THE MOON and nothing else Wink

Whatever happened to that rptard guy, did they let him out of the 'secure unit' yet ?
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June 07, 2013, 04:57:15 PM
 #14004

Testing $105ish today? I think as soon as we touch it we will go through it like a hot knife through butter.

Next level to be tested will be $90ish, and next REAL support $80ish. Anyhow, as Oda said earlier I think testing $80 won't happen too soon. But honestly, I think the sooner the better. I wouldn't mind at all going rapidly to $50 and double bottoming it hard, with big volume. That would mean that the only way is UP, slowly, but UP. IMO that's the best case scenario for the bulls. Breaking ATH during this year is not happening IMO. And a rally to $165 won't happen any soon neither.

xseeee ME...but ... the best scenario for a bull is a price drop?   Smiley
yeah , I know i'm reading between lines but still , was funny

For a realistic long-term bull with his feet on the ground (like most of us here) it's indeed the best case scenario, considering we had PARABOLIC growth (=bubble) a few weeks ago.

For a "rptard style" delusional bull short on meds expecting $300k per BTC by the end of the year, I guess "best case scenar¡o" is TO THE MOON and nothing else Wink

Whatever happened to that rptard guy, did they let him out of the 'secure unit' yet ?

I guess they locked him in for good, and they threw the keys of his nut-cell to the toilet, and flushed it a couple of times.

Well, we saw it coming Sad
wachtwoord
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June 07, 2013, 04:57:47 PM
 #14005

Whatever happened to that rptard guy, did they let him out of the 'secure unit' yet ?

Being locked up would be good for some people here to avoid the inclination to sell now.I don't think our Finish friend is one of them though.

I guess my dollar-cost averaging scheme just got more effective Smiley
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June 07, 2013, 04:57:56 PM
 #14006

i should go cover my short...

There's something like 30k coins worth of bids between $100 and $105. It's tempting to say that this may be the bottom for the time being.
niothor
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June 07, 2013, 04:58:00 PM
 #14007

Testing $105ish today? I think as soon as we touch it we will go through it like a hot knife through butter.

Next level to be tested will be $90ish, and next REAL support $80ish. Anyhow, as Oda said earlier I think testing $80 won't happen too soon. But honestly, I think the sooner the better. I wouldn't mind at all going rapidly to $50 and double bottoming it hard, with big volume. That would mean that the only way is UP, slowly, but UP. IMO that's the best case scenario for the bulls. Breaking ATH during this year is not happening IMO. And a rally to $165 won't happen any soon neither.

xseeee ME...but ... the best scenario for a bull is a price drop?   Smiley
yeah , I know i'm reading between lines but still , was funny

For a realistic long-term bull with his feet on the ground (like most of us here) it's indeed the best case scenario, considering we had PARABOLIC growth (=bubble) a few weeks ago.

For a "rptard style" delusional bull short on meds expecting $300k per BTC by the end of the year, I guess "best case scenar¡o" is TO THE MOON and nothing else Wink

Whatever happened to that rptard guy, did they let him out of the 'secure unit' yet ?

has bitcoin price reached 300k  .. NO!
oda.krell
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June 07, 2013, 05:00:17 PM
 #14008

Whatever happened to that rptard guy, did they let him out of the 'secure unit' yet ?

He underwent a mind-machine-interface aided fusion with several other supernodes during the Helsinki conference and has since turned into a global, disembodied AI.  currently, he's using his new found powers to watch My Little Pony guro nonstop, 24h.
adamstgBit
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June 07, 2013, 05:00:55 PM
 #14009

i should go cover my short...

There's something like 30k coins worth of bids between $100 and $105. It's tempting to say that this may be the bottom for the time being.

ya, placing bid and hoping mtgox stays low!

the exchange i use needs time to catch up  Tongue
Rampion
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June 07, 2013, 05:01:30 PM
 #14010

$13M in Gox's order book. Well, it's official. That's the lowest amount we had post-bubble.

ChartBuddy
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June 07, 2013, 05:02:07 PM
 #14011

wachtwoord
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June 07, 2013, 05:04:26 PM
 #14012

Whatever happened to that rptard guy, did they let him out of the 'secure unit' yet ?

He underwent a mind-machine-interface aided fusion with several other supernodes during the Helsinki conference and has since turned into a global, disembodied AI.  currently, he's using his new found powers to watch My Little Pony guro nonstop, 24h.

I am the Eschaton; I am not your God.
I am descended from you, and exist in your future.
Thou shalt not violate causality within my historic light cone. Or else.
  - Charles Stross - Singularity Sky (http://en.wikipedia.org/wiki/Singularity_Sky)
samson
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June 07, 2013, 05:04:38 PM
 #14013

I guess they locked him in for good, and they threw the keys of his nut-cell to the toilet, and flushed it a couple of times.

Well, we saw it coming Sad

Looking on the bright side of things he's probably saving a bunch of cash on expensive hotels.
Rampion
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June 07, 2013, 05:05:42 PM
 #14014

I guess they locked him in for good, and they threw the keys of his nut-cell to the toilet, and flushed it a couple of times.

Well, we saw it coming Sad

Looking on the bright side of things he's probably saving a bunch of cash on expensive hotels.

That made me LOL. Hard.

I'm feeling bad now Sad
etaty
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June 07, 2013, 05:10:10 PM
 #14015

1 ... 2 ... 3 go

rally up

 Grin

ok not now, but when ?
Rampion
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June 07, 2013, 05:14:18 PM
 #14016

1 ... 2 ... 3 go

rally up

 Grin

ok not now, but when ?

Depends on what kind of rally you expect. Bull traps, soon enough. Rally up to $165 and then the sky is the limit? Not this year I'd say. But hey, aren't we all in this for the long run?

Just enjoy the cheap coins, thousands feel better than hundreds, and you will enjoy them during the next hype cycle, which will happen sooner or later, unless Bitcoin is replaced/destroyed.
niothor
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June 07, 2013, 05:15:40 PM
 #14017

1 ... 2 ... 3 go

rally up

 Grin

ok not now, but when ?

Never , Satoshi got killed by a bear !
adamstgBit
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June 07, 2013, 05:15:45 PM
 #14018

600 BTC on the front lines


exciting  times we living in Grin
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June 07, 2013, 05:15:51 PM
 #14019

Whatever happened to that rptard guy, did they let him out of the 'secure unit' yet ?

He underwent a mind-machine-interface aided fusion with several other supernodes during the Helsinki conference and has since turned into a global, disembodied AI.  currently, he's using his new found powers to watch My Little Pony guro nonstop, 24h.

My god, if this was Reddit, Bitcointip would be getting a workout! I snorted and giggled, the office is giving me weird looks  Grin

Well played mate!
Abandon
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June 07, 2013, 05:16:43 PM
 #14020

i should go cover my short...

There's something like 30k coins worth of bids between $100 and $105. It's tempting to say that this may be the bottom for the time being.

ya, placing bid and hoping mtgox stays low!

the exchange i use needs time to catch up  Tongue

If that's Bitfinex, then you're out of luck. They do whatever the market is going to do before the market does. If the price is high there, the price will rise, if it's low there, the price will fall.
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