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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26411202 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.)
NewLiberty
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November 06, 2013, 12:49:03 PM
 #37381

the cautious atmosphere in here affirms my belief that we'll go to $450 and beyond over the next weeks.

Well I wouldn't say it's precisely cautious, there's lots of excitement, gif animated rockets, it's happening and all that. However people aren't getting loans to enter (yet!) so that's a bullish signal.

Did I mention that I had a call today via localbitcoins from a guy who had sold his car in order to buy?

For heavens sake, please give him the usual caveat of 'what your prepared to loose' etc

Seems he was prepared to lose his car.  Problem was he wanted cheap coins.  I did explain to him that cheap coins in this market might not be as good as fast coins, which is what I could give him with localbitcoins.   I offered him what I could get from the exchange plus a two percent and some hor d'erves at the local French restaurant while we wait for confirmations, but he passed.  About an hour later, the price with much higher. 
We all have to get our lessons where they come, I figure.  By the time he had the confirmations, he would have been in the money.

We exchanged numbers, so I may call him back just to see how it went.  Wink
DougTanner
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November 06, 2013, 12:49:29 PM
 #37382

It's become very quiet all of a sudden... A dump is in the works?

Possibly that huge wall on Gox is putting a damper on things for now. Maybe people just need a break after the ATH.

Sitarow
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November 06, 2013, 12:54:16 PM
 #37383

ChartBuddy
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November 06, 2013, 01:01:52 PM
 #37384

True___Blue
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November 06, 2013, 01:03:33 PM
 #37385

It's become very quiet all of a sudden... A dump is in the works?

Possibly that huge wall on Gox is putting a damper on things for now. Maybe people just need a break after the ATH.


A bit of healthy sideways action for now it seems
gizmoh
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November 06, 2013, 01:06:28 PM
 #37386

It's become very quiet all of a sudden... A dump is in the works?

It is definitely stalling, the big wall is preventing potential buyers to engage confidently. It might well correct hard if more coins come back in.
Nemo1024
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November 06, 2013, 01:11:48 PM
 #37387

I've seen such high walls on Bitstamp before (1k). They usually came shortly before a retraction.
tarmi
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November 06, 2013, 01:16:30 PM
 #37388

no stalling on bitsamp. lot of buys actually.

btc express is leaving the station.
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November 06, 2013, 01:25:12 PM
 #37389


jojo69
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November 06, 2013, 01:27:23 PM
 #37390

glad to see no one else is getting enough sleep either
DougTanner
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November 06, 2013, 01:31:03 PM
 #37391

Some coins have come out of storage, that'll keep the rally to a good slow pace hopefully.

https://blockchain.info/charts/bitcoin-days-destroyed
Sitarow
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November 06, 2013, 01:34:25 PM
 #37392

zedicus
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November 06, 2013, 01:35:06 PM
 #37393

Spider
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November 06, 2013, 01:39:21 PM
 #37394

Some coins have come out of storage, that'll keep the rally to a good slow pace hopefully.

https://blockchain.info/charts/bitcoin-days-destroyed

I've seen 2 transactions >8k btc each about half an hour ago. Where will they go?
Sitarow
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November 06, 2013, 01:45:17 PM
 #37395

Some coins have come out of storage, that'll keep the rally to a good slow pace hopefully.

https://blockchain.info/charts/bitcoin-days-destroyed

I've seen 2 transactions >8k btc each about half an hour ago. Where will they go?

Perhaps the urge to indulge was to much to resist.
gambitv
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November 06, 2013, 01:46:19 PM
Last edit: November 16, 2013, 10:18:14 AM by gambitv
 #37396

Hmmm... no chance of buying back in then for a while I guess.



EDIT: Just for fun, a comparison... on 2013/11/16 10:00 GMTish. ( It is higher again now 434.40 on bitstamp ).

gizmoh
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November 06, 2013, 01:48:07 PM
 #37397

Some coins have come out of storage, that'll keep the rally to a good slow pace hopefully.

https://blockchain.info/charts/bitcoin-days-destroyed

I've seen 2 transactions >8k btc each about half an hour ago. Where will they go?

Let them come to stamp, only 8k is being traded there currently..
DougTanner
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November 06, 2013, 01:50:51 PM
 #37398

Stamp rearing up to go. Gox too by the looks of it.

Last chance to buy 10,000 BTC without slippage below $300.

MikeH
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November 06, 2013, 01:56:28 PM
 #37399

Everyone who has ever bought Bitcoins on an exchange (and not sold out) is now in profit...

you'd be surprised - I somehow turned $1000 @ Gox into 2.7 btc over time.
ChartBuddy
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November 06, 2013, 02:01:46 PM
 #37400

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