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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 26414514 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.)
bangersdad
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June 10, 2013, 10:34:14 AM
 #15041

wow, its nice price to dump some coins Smiley

i see...since you sold your 5k btc last night you ave changed your avatar.....explain.
fr33d0miz3r
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June 10, 2013, 10:56:47 AM
 #15042

wow, its nice price to dump some coins Smiley

i see...since you sold your 5k btc last night you ave changed your avatar.....explain.

BTW, he is not a 0.0 class supernode now. He is just a supernode.
ChartBuddy
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June 10, 2013, 11:00:10 AM
 #15043

micalith
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June 10, 2013, 11:25:29 AM
 #15044

Feeling playful lately. Bought some on the way up at $101ish due to move up backed up by volume, sold at $108.5

I don't expect BTC breaking $115 before crashing again.

I'm afraid you're right.

By this do reckon that bull whales won't buy in again until it goes back down? I can't imagine it dropping below 100 without big bears like Mr Sunday-dump
kickinyou
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June 10, 2013, 11:55:13 AM
 #15045

Bought at 101, sold at 107.  This is fun!   Rinse and repeat I hope.  Grin

Did same as you Smiley i was on my way to sell on 110 but i was to slow to log in to gox Sad
Coinseeker
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June 10, 2013, 11:57:09 AM
 #15046

Bought at 101, sold at 107.  This is fun!   Rinse and repeat I hope.  Grin

Did same as you Smiley i was on my way to sell on 110 but i was to slow to log in to gox Sad

Yeah, wish I was on Gox.  Bitstamp is always off in one direction or the other.  Still profit is profit.  That's why I'm here.   Grin
IG0BR0KE
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June 10, 2013, 11:59:49 AM
 #15047

remember may 2:

- started to fall April 30: $147 to $104 ($43 down) and come back to $127 ($23 pulback) then crash at $79


Now

- started to fall may 27: $136 to $88 ($48 down) and come back to $110.6 ($22.6 pullback) then ?


=) keep it in mind at least
ChartBuddy
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June 10, 2013, 12:00:09 PM
 #15048

Coinseeker
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June 10, 2013, 12:02:44 PM
 #15049

remember may 2:

- started to fall April 30: $147 to $104 ($43 down) and come back to $127 ($23 pulback) then crash at $79


Now

- started to fall may 27: $136 to $88 ($48 down) and come back to $110.6 ($22.6 pullback) then ?


=) keep it in mind at least


That adds to the thrill.  Scraping profits without getting caught with BTC when the market crashes.  Who needs Seals, this is better than poker.   Grin
samson
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June 10, 2013, 12:13:37 PM
 #15050

remember may 2:

- started to fall April 30: $147 to $104 ($43 down) and come back to $127 ($23 pulback) then crash at $79


Now

- started to fall may 27: $136 to $88 ($48 down) and come back to $110.6 ($22.6 pullback) then ?


=) keep it in mind at least


If think that if the pattern kind of repeats it should end up at something like $60 - this time.

Edit : LOL - over 9000 BTC are currently required in bids at $60 on the order book. This fits with the pattern.
KS
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June 10, 2013, 12:20:56 PM
 #15051

Bought at 101, sold at 107.  This is fun!   Rinse and repeat I hope.  Grin

Did same as you Smiley i was on my way to sell on 110 but i was to slow to log in to gox Sad

you should try the app.
Nightowlace
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June 10, 2013, 12:44:06 PM
 #15052

From Mt.Gox Facebook


Dear Friends,

We just want to remind everyone that only announcements released on mtgox.com or our Facebook and Google+ pages are official statements. Any news and service updates from Mt. Gox will be posted to these platforms at the appropriate times.

There can be misleading information being spread about Bitcoin and Mt. Gox which everyone should be careful about. If in doubt about any news circulating, please remember to check our official statements to verify them.

We appreciate your support.

Mt. Gox Team
Nightowlace
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June 10, 2013, 12:44:39 PM
 #15053

Meaning don't believe all the bullshit you hear/read
Rampion
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June 10, 2013, 12:52:07 PM
 #15054

ChartBuddy
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June 10, 2013, 12:59:58 PM
 #15055

hlynur
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June 10, 2013, 01:18:22 PM
 #15056

wow, ok i was totally wrong expecting dumps during the night...
so just one ridiculously big pump to 110$?

hmm smells like a possible bulltrap to me.
perhaps then next dump middle of this week?
wonkytonky
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June 10, 2013, 01:26:23 PM
 #15057

wow, ok i was totally wrong expecting dumps during the night...
so just one ridiculously big pump to 110$?

hmm smells like a possible bulltrap to me.
perhaps then next dump middle of this week?

big pump can have long term plans.. 
but it's a bit strange .. he could have waited when we hit real bottom.. or tested bottom at least 2 times.. 
maybe we have seen bottom.. it's all a big guess right now.
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June 10, 2013, 01:27:56 PM
 #15058

wow, ok i was totally wrong expecting dumps during the night...
so just one ridiculously big pump to 110$?

hmm smells like a possible bulltrap to me.
perhaps then next dump middle of this week?

This time we had significant buying volume on the way up, which is something we haven't seen for weeks. That's a good sign for the bulls theoretically speaking, but that volume vanished as soon as we touched $110.

The problem here is that without buying pressure price cannot go up. Sure, the sellers sit tight and hold, so price slowly creeps up (with low volume) or stays stable… But as soon as someone needs to cash out +10k BTC there we go, down the cliff. No buyers to stop the free fall, which stops only when the dumper runs out of ammo.

After selling a lot between $90 and $118ish, I bought back a little coins at $101ish, sold them again at $108.5 earlier today. I expect the price to go lower than $90 soon enough.
IG0BR0KE
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June 10, 2013, 01:31:28 PM
 #15059

wow, ok i was totally wrong expecting dumps during the night...
so just one ridiculously big pump to 110$?

hmm smells like a possible bulltrap to me.
perhaps then next dump middle of this week?

big pump can have long term plans.. 
but it's a bit strange .. he could have waited when we hit real bottom.. or tested bottom at least 2 times.. 
maybe we have seen bottom.. it's all a big guess right now.

when you don't have coins anymore to push the price down you need to reload...
hlynur
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June 10, 2013, 01:49:33 PM
 #15060

wow, ok i was totally wrong expecting dumps during the night...
so just one ridiculously big pump to 110$?

hmm smells like a possible bulltrap to me.
perhaps then next dump middle of this week?

big pump can have long term plans..  
but it's a bit strange .. he could have waited when we hit real bottom.. or tested bottom at least 2 times..  
maybe we have seen bottom.. it's all a big guess right now.

when you don't have coins anymore to push the price down you need to reload...

...then wait for short phase of growth and start dumping again Smiley
you really can milk the market like a cow when you have the coins for it.
well after all that's the nature of a free market.
welcome to the jungle of bitoin Cheesy
 
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