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

[derpinheimer]

Not much longer now. The 12 hour chart is unbelievably bullish. The bears in the low 100s are going to be massacred.

12 hour chart? massacred? really?

I agree, everything thing I have is screaming upward, that this is only just the beginning.

It really does look like whales are waiting for scraps to show up in the 90s and low 100s, and buying them up.

The rate these asks fill back in has slowed slightly. This cant go on forever.

[ChartBuddy]

[BitPirate]

The real battle will be for $115 (and then $130)... Hitting these will provide strong evidence of a longer-term reversal.

The bears who want to see the price fall know this. But just like last week, once we start moving, it'll be very hard to stop.

[ChartBuddy]

[thezerg]

I love to see these large purchases with this kind of slippage.  Is very likely that these coins are leaving a traders hands and moving into a medium to long term investors' -- someone who does not care about 1 to 3 percentage points.    Especially an early-week purchase -- funds hit the exchange, so buy the coins. 

Sure a trader could do this to try to spark a rally, but that's a VERY dangerous game; a lot more dangerous with a lot less upside then just buying at 65 to 75 and holding for a few days 


Something else to think about:

We dropped to 65 and then right back where we started at 100+.  Did ANY money leave Gox AT ALL?  Or was this all just long-term bull traders trying to outfox each other?

[Frozenlock]

We dropped to 65 and then right back where we started at 100+.  Did ANY money leave Gox AT ALL?  Or was this all just long-term bull traders trying to outfox each other?

Did any of those coins left MtGox?

[notme]

We dropped to 65 and then right back where we started at 100+.  Did ANY money leave Gox AT ALL?  Or was this all just long-term bull traders trying to outfox each other?

Did any of those coins left MtGox?

Impossible to say, but the bitcoin on the order book has certainly been decreasing lately:

[derpinheimer]

Nearly 3k market sell, pretty nice. Wonder if anything will come of it.

[ChartBuddy]

[seleme]

lol, I got sick of waiting and bought 0.70$ ago  

After waiting 3-4 days, sell off had to come 20 minutes later.

The good thing about it is that I don't give a damn where it is going now 

[derpinheimer]

Our friendly whales are still increasing bids. At least 15k of the 50k bids to 70 are them.

Wonder if they are real. No one really tested them since they began to push us up... and if they had, the whale would have been DAMN happy to get those cheap coins.

[Ultraviolet]

3k sell and then 3k wall went up at 93ish, unless I'm mistaken.

[ShroomsKit]

Guys, come on.

Which of you is Miss Whale I played the innocent prank on yesterday?

You DID NOT lose that much money to write such bad things about me.

No need to be too angry with me. I am a nice guy after all  

I already said I wouldn't be posting more calls.

Let's be friends. PM me or something.

Holy shit! You actually believe the nonsense you are posting.
I thought you were just trolling but you are serious!
Why does this sub forum attract so many mentally ill people?

[ShroomsKit]

You're not as important as you think.

Of course I am not. I am just the entertainer. I play a joke or two on a whale from time to time.

Haha wtf? No you don't. You freak.

[ChartBuddy]

[ChartBuddy]

[ChartBuddy]

[ChartBuddy]

[WeltMaster]

[ChartBuddy]