samson
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Activity: 2097
Merit: 1070
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July 02, 2013, 08:18:22 PM |
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Oh 90 wall, you so tasty..... Up we go!!!
I see no wall on $90 - 56 BTC lol You missed a 750 BTC wall being chewed to death. Largest buy was something like 150 BTC. And after the buying started, I saw a wall get pulled as well. Did you see that? The buying didn't continue though... Someone wanted it too. Hmm, sounds bearish to me. |
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prof7bit
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July 02, 2013, 08:24:49 PM |
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So if I want to place a buy order an check within a month or two, what's a good value?
60?
$32 (and two months waiting might not be enough) |
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samson
Legendary
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Activity: 2097
Merit: 1070
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July 02, 2013, 08:34:15 PM |
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Oh 90 wall, you so tasty..... Up we go!!!
I see no wall on $90 - 56 BTC lol You missed a 750 BTC wall being chewed to death. Largest buy was something like 150 BTC. It sold down to $88.0001 again - this keeps happening. Someone wants out. |
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telemaco
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July 02, 2013, 08:37:58 PM |
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I think we have a couple of days left until MtGox says what is going to happen with USD withdrawals in the future. The USD percentage respect of the rest of BTC is astonishing, same as still is MtGox USD respect to the rest.  On the other side, the decline on volume on USD in regards to bitcoin is also incredible. We are close to pre bubble levels. What do you guys expect is going to happen in a couple days with MtGox clarification after the two weeks have passed? Heavy tectonic movements in one side or in the other?. Are we going to be Goxxed one more time in the next two days? First, your questions - I imagine some people are just going to move their money off, probably not a huge deal. For some people it is a huge deal though. If they lengthen things, then people might get pissed. Things don't look good short term, the Gox thing was just icing... Are your numbers a past average? Gox is 40% and Bitstamp at 20%! edit - Woops, I was looking at the wrong column.  Thanks for your answers. Captured the images from Bitcoin Charts and from blockchain.info. Not sure though what is the time range for bitcoincharts exchange volume distribution. Here the full picture:  |
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Jozzaboy
Member
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Activity: 98
Merit: 10
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July 02, 2013, 08:38:23 PM |
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Oh 90 wall, you so tasty..... Up we go!!!
I see no wall on $90 - 56 BTC lol You missed a 750 BTC wall being chewed to death. Largest buy was something like 150 BTC. It sold down to $88.0001 again - this keeps happening. Someone wants out. But 88 held once again. I expect to see this price for 2 days until MTGox opens their mouths again. Then we will see what happens  |
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samson
Legendary
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Activity: 2097
Merit: 1070
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July 02, 2013, 08:41:56 PM |
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Oh 90 wall, you so tasty..... Up we go!!!
I see no wall on $90 - 56 BTC lol You missed a 750 BTC wall being chewed to death. Largest buy was something like 150 BTC. It sold down to $88.0001 again - this keeps happening. Someone wants out. But 88 held once again. I expect to see this price for 2 days until MTGox opens their mouths again. Then we will see what happens I think we both know what's going to happen |
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Jozzaboy
Member
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Activity: 98
Merit: 10
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July 02, 2013, 08:43:36 PM |
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Oh 90 wall, you so tasty..... Up we go!!!
I see no wall on $90 - 56 BTC lol You missed a 750 BTC wall being chewed to death. Largest buy was something like 150 BTC. It sold down to $88.0001 again - this keeps happening. Someone wants out. But 88 held once again. I expect to see this price for 2 days until MTGox opens their mouths again. Then we will see what happens I think we both know what's going to happen Historical events, sure. But their last statement was very professional and bullish. Give them a little faith. The market obviously does too, otherwise we would be much, much lower. |
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gizmoh
Legendary
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Activity: 1428
Merit: 1000
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July 02, 2013, 08:45:22 PM |
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Oh 90 wall, you so tasty..... Up we go!!!
I see no wall on $90 - 56 BTC lol You missed a 750 BTC wall being chewed to death. Largest buy was something like 150 BTC. It sold down to $88.0001 again - this keeps happening. Someone wants out. But 88 held once again. I expect to see this price for 2 days until MTGox opens their mouths again. Then we will see what happens I do hope they communicate,a deafening silence will be more alarming! |
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Frozenlock
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July 02, 2013, 08:47:00 PM |
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Give them a little faith. The market obviously does too, otherwise we would be much, much lower.
No... MtGox price is higher than everywhere else because some believe it's better to lose an immediate 10% and transfer their BTC to another exchange than risking everything. If they announce the end of the USD hiatus, I expect the MtGox price to go down. |
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barbs
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July 02, 2013, 08:47:53 PM |
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Give them a little faith. The market obviously does too, otherwise we would be much, much lower.
No... MtGox price is higher than everywhere else because some believe it's better to lose an immediate 10% and transfer their BTC to another exchange than risking everything. If they announce the end of the USD hiatus, I expect the MtGox price to go down. Don't you expect the price to go down, in any and all situations? |
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Frozenlock
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July 02, 2013, 08:49:39 PM |
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Sure, but there's different kind of down.  Edit: FWIW, I've been a permabull since 2011. It's only since April that I've been saying "down". |
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Jozzaboy
Member
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Activity: 98
Merit: 10
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July 02, 2013, 08:49:59 PM |
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Give them a little faith. The market obviously does too, otherwise we would be much, much lower.
No... MtGox price is higher than everywhere else because some believe it's better to lose an immediate 10% and transfer their BTC to another exchange than risking everything. If they announce the end of the USD hiatus, I expect the MtGox price to go down. To Bitstamps $87? Oh lawdy... I better sell all my coins today! If withdrawls of USD are allowed, artificial bitcoin price will stop but after the dip we just had, if they didn't sell out then and are already sitting on cash, they won't in two days. I haven't heard a single bullish word out of your mouth for a while Frozen, what's wrong? All in on USD? |
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Frozenlock
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July 02, 2013, 08:51:57 PM |
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I've been all out of BTC for weeks now, and I've been telling so. To Bitstamps $87? Oh lawdy... I better sell all my coins today!
Maybe you should.... maybe you should. |
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Jozzaboy
Member
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Activity: 98
Merit: 10
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July 02, 2013, 08:54:22 PM |
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I've been all out of BTC for weeks now, and I've been telling so. To Bitstamps $87? Oh lawdy... I better sell all my coins today!
Maybe you should.... maybe you should. So you could buy in even cheaper?? NEVER!!! |
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barbs
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July 02, 2013, 08:55:20 PM |
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Sure, but there's different kind of down. Edit: FWIW, I've been a permabull since 2011. It's only since April that I've been saying "down". You know what perma means right?  Seriously, all you've been doing is talking this down, people like you are not exactly helping anything for the BTC cause, just posting about how smug you are about the price drop.. Luckily there is an ignore function, i know, i know. |
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bitcodo
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July 02, 2013, 08:56:31 PM |
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It is summer. Everybody has shorts on (and shorting BTC also).  |
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ChartBuddy
Legendary
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Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 02, 2013, 09:01:23 PM |
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Jozzaboy
Member
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Activity: 98
Merit: 10
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July 02, 2013, 09:01:52 PM |
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It is summer. Everybody has shorts on (and shorting BTC also). But but but, last summer we had a price rise??  |
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sarc
Member
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Activity: 98
Merit: 10
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July 02, 2013, 09:02:56 PM |
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I think the price is gonna go up! Not really, but if it helps the mood...
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Frozenlock
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July 02, 2013, 09:03:30 PM |
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Seriously, all you've been doing is talking this down, people like you are not exactly helping anything for the BTC cause, just posting about how smug you are about the price drop..
Yeah all I've done in 2 years is trying to talk the twitch.tv casters into Bitcoin, accepting it in all my businesses and freelancing, talking to everyone and anyone about it, invested in it, convinced some co-workers to tip their toes in it, tipped bitbills (now worth thousands) to my local restaurants... But you know, if I think that the price got carried away and we need to go down, I'm somehow bad for the "cause". What have YOU done? |
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