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ft73
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June 18, 2013, 06:54:20 PM |
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SMA100 at about 110$ -AND- VWAP40 at about 111$.
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Nightowlace
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June 18, 2013, 06:55:54 PM |
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Fiat is a guilty pleasure that you will all inevitably indulge. Don't lie about what you're really after.  Spoken like a true user with 17 posts!  I have about $85.000 riding on Bitcoin, don't you worry. Woah, pretty quick to throw that out there! Never claimed anything about how much or little you had invested, was purely referencing your assumptions about what others' intentions with their BTC are. Pretty standard sentiment around that count. Guys it was a simple case of mistyping it was supposed to be a decimal point not a comma. I fixed it. |
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ChartBuddy
Legendary
 Offline
Activity: 2352
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 18, 2013, 07:00:33 PM |
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Jozzaboy
Member
Offline
Activity: 98
Merit: 10
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June 18, 2013, 07:05:58 PM |
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An unusually high amount of sell pressure going on. Any theories?
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ft73
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June 18, 2013, 07:08:53 PM |
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An unusually high amount of sell pressure going on. Any theories?
Sell pressure? |
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Jozzaboy
Member
Offline
Activity: 98
Merit: 10
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June 18, 2013, 07:12:37 PM |
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An unusually high amount of sell pressure going on. Any theories?
Sell pressure? Why is it bouncing around 107? It's cool, because I want to buy at 105 but it's got me scratching my head all the same. |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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June 18, 2013, 07:13:52 PM |
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An unusually high amount of sell pressure going on. Any theories?
Sell pressure? their very little selling pressure, but their is a disproportionate amount of selling going on. what does it means? bears are in denial and are selling out faster than they need too, because, their logic is bat shit crazy. this is good news for the bulls, we can pause here for a little while accumulating cheap coins! |
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ft73
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June 18, 2013, 07:17:21 PM |
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An unusually high amount of sell pressure going on. Any theories?
Sell pressure? Why is it bouncing around 107? It's cool, because I want to buy at 105 but it's got me scratching my head all the same. Now volume is low, no direction. Why? We quickly went from 102$ to 110$ and over, then pulled back as expected. Now we're in a fragile situation, some consolidation is needed before next (hypotethical) leg up. An acceleration not backed by volume now would probably just make price bounce against 100$-111$ area, even with some level of piercing. |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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June 18, 2013, 07:19:15 PM |
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like i said b4, bears, be prepared to shit ourselves.  |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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June 18, 2013, 07:22:17 PM |
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An unusually high amount of sell pressure going on. Any theories?
Sell pressure? Why is it bouncing around 107? It's cool, because I want to buy at 105 but it's got me scratching my head all the same. Now volume is low, no direction. Why? We quickly went from 102$ to 110$ and over, then pulled back as expected. Now we're in a fragile situation, some consolidation is needed before next (hypotethical) leg up. An acceleration not backed by volume now would probably just make price bounce against 100$-111$ area, even with some level of piercing. i always expected volume would become lower and lower as the coins are more used , more distributed, and more valuable. this BS about low volume rallies is just plain incorrect, truth is there's a limited amount of coins available on the market and day by day the limit goes lower and lower. ( because every now and again coins from the market ends up in my wallet never to be touched again, no matter what ) |
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ft73
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June 18, 2013, 07:27:37 PM |
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i always expected volume would become lower and lower as the coins are more used , more distributed, and more valuable. this BS about low volume rallies is just plain incorrect, truth is there's a limited amount of coins available on the market and day by day the limit goes lower and lower. ( because every now and again coins from the market ends up in my wallet never to be touched again, no matter what ) Interesting theory  |
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Frozenlock
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June 18, 2013, 07:29:05 PM |
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So at what price do you provide a floor adamstgBit? |
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fr33d0miz3r
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June 18, 2013, 07:29:49 PM |
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So at what price do you provide a floor adamstgBit? $0 |
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Frozenlock
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June 18, 2013, 07:31:45 PM |
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On a totally unrelated subject... WTH is "activity"? It replaced posts count?
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ft73
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June 18, 2013, 07:32:48 PM |
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Quick dip, to 105$. We 've just got a demonstration of what a low volume / fragile situation means |
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fr33d0miz3r
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June 18, 2013, 07:33:30 PM |
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On a totally unrelated subject... WTH is "activity"? It replaced posts count?
maybe it's an index counted by number of posts and hours spent on the forum last time. Number of posts you can see in the profile. |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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June 18, 2013, 07:35:04 PM |
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So at what price do you provide a floor adamstgBit? $0 make fun all you want bears, deep down you are terrified of the penguin army!  MUahha MUahahahaha |
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fr33d0miz3r
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June 18, 2013, 07:37:15 PM |
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So at what price do you provide a floor adamstgBit? $0 make fun all you want bears, deep down you are terrified of the penguin army! I'm a bull, but I want cheap coinzzzzz |
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Jozzaboy
Member
Offline
Activity: 98
Merit: 10
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June 18, 2013, 07:38:35 PM |
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SheeeEEEeeeettt... I had a buy order for 105.2 which would of made me a bitcoin profit. Saw the rise to 108 and put a buy order at 116.6 at a small loss. Shit happens I suppose. It better start rising again though |
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ft73
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June 18, 2013, 07:42:42 PM |
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SheeeEEEeeeettt... I had a buy order for 105.2 which would of made me a bitcoin profit. Saw the rise to 108 and put a buy order at 116.6 at a small loss. Shit happens I suppose. It better start rising again though Don't panic, you'll have another chance @105 |
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