Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[ChartBuddy]

[gizmoh]

Suspicious bid walls at 108,107 and 105 springing up. Beware of false support..

[EuroTrash]

For two consecutive weeks, there's been a pattern of "big sell" starting Thursday
So i believe the sliding ride starts today..

Nope. Mr. Manip only strikes twice in a row. The third time would be otherwise too easily predictable

I expect next wash-rinse-repeat cycle from him in no less than 6 weeks - like when the memories of his distinctive pattern will have faded enough. 

[lucas.sev]

the spread has been more or less 1$ or ~1%, this is a pretty big spread... what do you think it means?

I think, its because of the recent wild price swing. First, all the bids from 109 to 87 get wiped out . But! the market sees this a buying opportunity and ~30K BTC buy orders are executed, this bring the price for 88 right back up to 110 with practically 0 buying pressure ( no bid walls ) fueling the rally. recognizing the buying opportunity, the market has keep the price at this level despite the buying pressure lagging behind.

The spread will tighten as buyers acquire more confidence, and buyers will acquire more confidence, as the buying pressure comes back.

once buying pressure builds we will be heading higher, the price move Up, will encourage more buying pressure.

we are seeing this now! we had a false breakout today as buying pressure started showing signs of coming coming back.

were sitting on a launch pad people...

place your bids!

It's an obvious trap.  It defies all logic and reason that so many can't see it.  Oh wait...bitcointalk.org...nevermind.  Makes perfect sense.   

I wonder how if Adam believes that his posts have enough power to affect the market in any significant way.

[gizmoh]

For two consecutive weeks, there's been a pattern of "big sell" starting Thursday
So i believe the sliding ride starts today..

Nope. Mr. Manip only strikes twice in a row. The third time would be otherwise too easily predictable

I expect next wash-rinse-repeat cycle from him in no less than 6 weeks - like when the memories of his distinctive pattern will have faded enough. 

I'm not talking of Mr Manip who hit twice on Sunday but Silk road retailers, asic companies and other stores who used to liquidate on Friday but now i notice an anticipation from some to Thursday. With those walls currently in place,and if they do stay, maybe the price may hold above 105.

[BitPirate]

People have learnt by now.... surely??

Any big dumps will be swiftly bought back. Whether that be Thursday, Friday or Sunday.

There will be no sustained drop of more than $2 for the next few weeks.

[lucas.sev]

People have learnt by now.... surely??

Any big dumps will be swiftly bought back. Whether that be Thursday, Friday or Sunday.

There will be no sustained drop of more than $2 for the next few weeks.

Want to bet on that call?

[Coinseeker]

People have learnt by now.... surely??

Any big dumps will be swiftly bought back. Whether that be Thursday, Friday or Sunday.

There will be no sustained drop of more than $2 for the next few weeks.

Want to bet on that call?

Count me in that bet.  

[BitPirate]

People have learnt by now.... surely??

Any big dumps will be swiftly bought back. Whether that be Thursday, Friday or Sunday.

There will be no sustained drop of more than $2 for the next few weeks.

Want to bet on that call?

Nope!

If there are any drops, I'll be buying all the way down however --- and I see a number of people doing the same.

By "sustained" I mean "lasting for more than a few hours".

[lucas.sev]

People have learnt by now.... surely??

Any big dumps will be swiftly bought back. Whether that be Thursday, Friday or Sunday.

There will be no sustained drop of more than $2 for the next few weeks.

Want to bet on that call?

Nope!

If there are any drops, I'll be buying all the way down however --- and I see a number of people doing the same.

By "sustained" I mean "lasting for more than a few hours".

Yup, me too, like the 95 area drop.

[BitPirate]

Yes, and everyone else too.

Which is why I find a sustained significant drop unlikely.

[lucas.sev]

Yes, and everyone else too.

Which is why I find a sustained significant drop unlikely.

But not unlikely enough to bet that it won't happen. And you said 2$.

[BitPirate]

Yes, and everyone else too.

Which is why I find a sustained significant drop unlikely.

But not unlikely enough to bet that it won't happen. And you said 2$.

My prediction is backed with the full force of my e-peen... (and trades). :-)

[phoenix1]

Nope. Mr. Manip only strikes twice in a row. The third time would be otherwise too easily predictable

I expect next wash-rinse-repeat cycle from him in no less than 6 weeks - like when the memories of his distinctive pattern will have faded enough. 

Kinda with you on that ... I will be surprised to see the a big Sunday dump this week and am expecting him to stay away a while
But then again, Bitcoin does like surprises ... hmmm  <scrathces chin thoughtfully>

[needmorecoins]

reverse-reverse-reverse.....reverse psychology?

[lucas.sev]

Nope. Mr. Manip only strikes twice in a row. The third time would be otherwise too easily predictable

I expect next wash-rinse-repeat cycle from him in no less than 6 weeks - like when the memories of his distinctive pattern will have faded enough. 

Kinda with you on that ... I will be surprised to see the a big Sunday dump this week and am expecting him to stay away a while
But then again, Bitcoin does like surprises ... hmmm  <scrathces chin thoughtfully>

It will take one pre-emptive dumper to trigger hell

[10c]

Nope. Mr. Manip only strikes twice in a row. The third time would be otherwise too easily predictable

I expect next wash-rinse-repeat cycle from him in no less than 6 weeks - like when the memories of his distinctive pattern will have faded enough. 

Kinda with you on that ... I will be surprised to see the a big Sunday dump this week and am expecting him to stay away a while
But then again, Bitcoin does like surprises ... hmmm  <scrathces chin thoughtfully>

It will take one pre-emptive dumper to trigger hell

Bitcoin can go any way at this point; The oppostite is also true,
One big buyer can trigger an uptrend now.

[lucas.sev]

Nope. Mr. Manip only strikes twice in a row. The third time would be otherwise too easily predictable

I expect next wash-rinse-repeat cycle from him in no less than 6 weeks - like when the memories of his distinctive pattern will have faded enough.  

Kinda with you on that ... I will be surprised to see the a big Sunday dump this week and am expecting him to stay away a while
But then again, Bitcoin does like surprises ... hmmm  <scrathces chin thoughtfully>

It will take one pre-emptive dumper to trigger hell

Bitcoin can go any way at this point; The oppostite is also true,
One big buyer can trigger an uptrend now.

We have touched 112.2 yesterday and it did not result in an uptrend. How big the buyer would have to be?

[Zarathustra]

Nope. Mr. Manip only strikes twice in a row. The third time would be otherwise too easily predictable

I expect next wash-rinse-repeat cycle from him in no less than 6 weeks - like when the memories of his distinctive pattern will have faded enough. 

Kinda with you on that ... I will be surprised to see the a big Sunday dump this week and am expecting him to stay away a while
But then again, Bitcoin does like surprises ... hmmm  <scrathces chin thoughtfully>

It will take one pre-emptive dumper to trigger hell

Bitcoin can go any way at this point; The oppostite is also true,
One big buyer can trigger an uptrend now.

No, it can go one way only, but you don't know which one it will be.

[phoenix1]

No, it can go one way only, but you don't know which one it will be.

Thus spoke Zarathustra