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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 26409478 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.)
Miz4r
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July 04, 2013, 12:49:55 AM
 #20741


Does anyone else think that it is a little strange and inappropriate for a moderator of a bitcoin forum to be relentlessly campaigning against it?

He is not campaigning against bitcoin, he is just convinced we're experiencing the same bubble deflationary scenario as in 2011 and is voicing his opinion concerning that. Long term he is very bullish about bitcoin. His views might not be popular and maybe he is a bit trollish about it, but bulls are doing the same thing when the price is going up so it's all part of the game. Loosen up a little and don't take these things too seriously. Grin
MAbtc
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July 04, 2013, 12:51:45 AM
 #20742

I may stop trying to ride these bull traps. The bounces seem to be getting smaller, almost non-existent... sell pressure is relentless. When I sell the coins bought at 76-79, I'm waiting this out a bit I think.

Come on, though, one push to 85!  Grin
BitcoinAshley
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July 04, 2013, 12:54:10 AM
 #20743

All signs point to sell.

(Unless you are daytrading or running a bot in which case all signs point to buy sell buy sell buy sell buy sell)

I think people have a harder time accepting a bear market when it's going slloooowwwwllllyyyy.

If the crash happened in a day, well, it already happened, so folks have no choice but to accept it. After spending this much time in the $80s and even hitting the $70s.... come on, people, let's get this over with.
bystander
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July 04, 2013, 01:00:45 AM
Last edit: July 04, 2013, 01:26:31 AM by bystander
 #20744

Awfully reassuring that many of these bids in the 80s are mainly 0.01'ers.  

916 @ 78.0 at the bid, think that is a movable wall.

edit: added the 78.0
derpinheimer
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July 04, 2013, 01:30:22 AM
 #20745


Does anyone else think that it is a little strange and inappropriate for a moderator of a bitcoin forum to be relentlessly campaigning against it?

He isn't campaigning against bitcoin.  He is saying he thinks the price is overvalued for now.

Not only is he campaining against it he also spreads fud in a ridiculous way.
Please don't give me this crap again how he is allowed to have an opinion. That has nothing to do with it. how he is still a mod here is beyond me.

He hasnt been wrong yet. You want to hear everyone saying, "dogfacebird, you will have more fiat in the next few days!"

Unfortunately the indicators didnt [at the point Blitz has been saying DOWNDOWNDOWN] say that.

Personally I thought we hit the bottom at 84 or whatever yesterdays low was. Blitz didnt. Who was right?
bystander
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July 04, 2013, 01:31:15 AM
 #20746

Hmmm a string of size 20.0 lining up on the 78.xx.    Some bumps in the road to meet with the size 916 wall at 78.0.

Now, they're up against the  78.0 wall.  916 reduced by almost a 100.   Reinforcements in.

edit: combined post
Nightowlace
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July 04, 2013, 01:35:44 AM
 #20747

Why is everyone proclaiming trend reversal?

Support at 82 and 78 failed miserably, we are now below 200-ema and we are two days away from probably more bad news from Gox..

This is bottom? You guys really buying?

I'm selling, selling all the way down.
Dalib
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July 04, 2013, 01:36:08 AM
 #20748

Hmmm a string of size 20.0 lining up on the 78.xx.

Some bumps in the road to meet with the size 916 wall at 78.0.

they let the price rise slowly to 81.25 and then just stood on MtxGox and Bitstamp 100 BTC sell wall above the 80th .. Sad
bystander
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July 04, 2013, 01:37:14 AM
 #20749

Hmmm a string of size 20.0 lining up on the 78.xx.

Some bumps in the road to meet with the size 916 wall at 78.0.

they let the price rise slowly to 81.25 and then just stood on MtxGox and Bitstamp 100 BTC sell wall above the 80th .. Sad

Saw that too Sad
eve
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July 04, 2013, 01:38:45 AM
 #20750

The MONSTERS Asicminer is selling their Bitcoin that is the main reasons the price drop!! This guys are centralized miner for their own benefit. Do not support this bunch of Monsters.
derpinheimer
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July 04, 2013, 01:41:23 AM
 #20751

The MONSTERS Asicminer is selling their Bitcoin that is the main reasons the price drop!! This guys are centralized miner for their own benefit. Do not support this bunch of Monsters.

lolwut

There was only 1 abnormally large sell [15k]

The rest has been fear.

Nightowlace
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July 04, 2013, 01:41:31 AM
 #20752

The MONSTERS Asicminer is selling their Bitcoin that is the main reasons the price drop!! This guys are centralized miner for their own benefit. Do not support this bunch of Monsters.

 Roll Eyes
adamstgBit
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July 04, 2013, 01:42:00 AM
 #20753

 Cheesy
Jozzaboy
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July 04, 2013, 01:43:40 AM
 #20754

The MONSTERS Asicminer is selling their Bitcoin that is the main reasons the price drop!! This guys are centralized miner for their own benefit. Do not support this bunch of Monsters.

http://www.youtube.com/watch?v=ljOMXgfflRI&list=FL1P_1oxI07oWp1u_UuRuQBA

1:32 onwards...
ChartBuddy
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July 04, 2013, 02:00:58 AM
 #20755

🏰 TradeFortress 🏰
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July 04, 2013, 02:02:29 AM
 #20756

The MONSTERS Asicminer is selling their Bitcoin that is the main reasons the price drop!! This guys are centralized miner for their own benefit. Do not support this bunch of Monsters.
Dumbass.

Slightly less than half of ASICMINER is owned by other people.
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July 04, 2013, 02:02:42 AM
Last edit: July 04, 2013, 02:27:51 AM by bystander
 #20757

That 2157 @ 77.0 disappeared once some sustained pressure in the 78.0 range was eased.

edit: update
Jozzaboy
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July 04, 2013, 02:30:19 AM
 #20758

Wall appeared at 79 to match the buy wall?

Bad times.
adamstgBit
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July 04, 2013, 02:33:03 AM
 #20759

if Havelock wasn't being DDOSed right now i'd be making money right now ...
bystander
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July 04, 2013, 02:34:48 AM
 #20760

Oh well there goes the 860 wall @ 78, sliced through like butter.  Sad
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