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RooKIED
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November 14, 2013, 04:11:04 AM |
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I just witnessed on Gox a single massive 1.4 K sell at once at 430 dropping all the way down to 405. Damn. It's good to see how bitcoin isn't affected by this kind of things any more.  and yet it bounced RIGHT back up to 430. but bitcoincharts says the low was 415 Yup, was 415. Still a nice little sell-off kk just making sure, not that it would have made any difference. 405 still would not have come close to breaking these crazy bullish technicals.  Yeah it looks like you're right adam and it was in fact 4 15. I might have got confused by stamp price which went down from 410 to 405 at that time, triggered by that gox order sell. I don't have the numbers off hand to back this up, but it seems like the April-May rise would have been seriously affected by such a sell even for a few hours. This time around it's almost like these dumps don't happen.
Am I crazy for feeling this to be the case? no this is indeed the case. the "bubble pop" happened on very little volume, everyone let that knife fall. no one is letting the kinfe fall today... ( might be because the chinese promiss to buy ALL the bitcoin for mtgox price +10% ) this is not a bubble, this is what being bought out feels like. In God Bitcoin we trust . |
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mccorvic
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November 14, 2013, 04:11:40 AM |
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I just witnessed on Gox a single massive 1.4 K sell at once at 430 dropping all the way down to 405. Damn. It's good to see how bitcoin isn't affected by this kind of things any more. and yet it bounced RIGHT back up to 430. I don't have the numbers off hand to back this up, but it seems like the April-May rise would have been seriously affected by such a sell even for a few hours. This time around it's almost like these dumps don't happen. Am I crazy for feeling this to be the case? no this is indeed the case. the "bubble pop" happened on very little volume, everyone let that knife fall. no one is letting the kinfe fall today... ( might be because the chinese promiss to buy ALL the bitcoin for mtgox price +10%  ) Now, the question is is there any possible scenario where we don't just keep climbing until we get to 0 volume again whether it's at $450, $500, $1000, ect? I like to think that simply not being able to be Goxxed this time around is the key ingredient, but I'd like to hear other opinions. |
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haightst
Newbie
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Activity: 42
Merit: 0
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November 14, 2013, 04:17:34 AM |
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I just witnessed on Gox a single massive 1.4 K sell at once at 430 dropping all the way down to 405. Damn. It's good to see how bitcoin isn't affected by this kind of things any more. and yet it bounced RIGHT back up to 430. I don't have the numbers off hand to back this up, but it seems like the April-May rise would have been seriously affected by such a sell even for a few hours. This time around it's almost like these dumps don't happen. Am I crazy for feeling this to be the case? no this is indeed the case. the "bubble pop" happened on very little volume, everyone let that knife fall. no one is letting the kinfe fall today... ( might be because the chinese promiss to buy ALL the bitcoin for mtgox price +10% ) sheez where's that guy with the 700 dollar per coin contracts? he just simply just ignored me LOL!!! /\500 will be the proving ground imho! |
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ChartBuddy
Legendary
Offline
Activity: 2184
Merit: 1778
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 14, 2013, 05:01:49 AM |
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mvidetto
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November 14, 2013, 05:20:18 AM |
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I just witnessed on Gox a single massive 1.4 K sell at once at 430 dropping all the way down to 405. Damn. It's good to see how bitcoin isn't affected by this kind of things any more. and yet it bounced RIGHT back up to 430. I don't have the numbers off hand to back this up, but it seems like the April-May rise would have been seriously affected by such a sell even for a few hours. This time around it's almost like these dumps don't happen. Am I crazy for feeling this to be the case? no this is indeed the case. the "bubble pop" happened on very little volume, everyone let that knife fall. no one is letting the kinfe fall today... ( might be because the chinese promiss to buy ALL the bitcoin for mtgox price +10% ) sheez where's that guy with the 700 dollar per coin contracts? he just simply just ignored me LOL!!! /\500 will be the proving ground imho! Do I hear $500 tomorrow? It's quite possible given todays high was $70 higher than yesterday... |
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damnek
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November 14, 2013, 05:30:36 AM |
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I just witnessed on Gox a single massive 1.4 K sell at once at 430 dropping all the way down to 405. Damn. It's good to see how bitcoin isn't affected by this kind of things any more. and yet it bounced RIGHT back up to 430. I don't have the numbers off hand to back this up, but it seems like the April-May rise would have been seriously affected by such a sell even for a few hours. This time around it's almost like these dumps don't happen. Am I crazy for feeling this to be the case? no this is indeed the case. the "bubble pop" happened on very little volume, everyone let that knife fall. no one is letting the kinfe fall today... ( might be because the chinese promiss to buy ALL the bitcoin for mtgox price +10% ) sheez where's that guy with the 700 dollar per coin contracts? he just simply just ignored me LOL!!! /\500 will be the proving ground imho! Do I hear $500 tomorrow? It's quite possible given todays high was $70 higher than yesterday... I think the odds of seeing <350 tomorrow are higher.. |
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accord01
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November 14, 2013, 05:48:16 AM |
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I just witnessed on Gox a single massive 1.4 K sell at once at 430 dropping all the way down to 405. Damn. It's good to see how bitcoin isn't affected by this kind of things any more. and yet it bounced RIGHT back up to 430. I don't have the numbers off hand to back this up, but it seems like the April-May rise would have been seriously affected by such a sell even for a few hours. This time around it's almost like these dumps don't happen. Am I crazy for feeling this to be the case? I no this is indeed the case. the "bubble pop" happened on very little volume, everyone let that knife fall. no one is letting the kinfe fall today... ( might be because the chinese promiss to buy ALL the bitcoin for mtgox price +10% ) sheez where's that guy with the 700 dollar per coin contracts? he just simply just ignored me LOL!!! /\500 will be the proving ground imho! Do I hear $500 tomorrow? It's quite possible given todays high was $70 higher than yesterday... I think the odds of seeing <350 tomorrow are higher.. why just because their was a small correction just now? rebounce to 400 on btsp shows strength at even this time of the day. |
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ChartBuddy
Legendary
Offline
Activity: 2184
Merit: 1778
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 14, 2013, 06:01:44 AM |
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Davyd05
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November 14, 2013, 06:02:24 AM |
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That 260 dump at 410 on g0x didnt seem to cause the beginning of a couple sell offs
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dopamine
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November 14, 2013, 06:11:28 AM |
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cant sleep waiting for a correction  |
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aqrulesms
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November 14, 2013, 06:13:17 AM |
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Looks like we tested another higher bottom, it's upwards from here. Lots of buying support exists
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Kazimir
Legendary
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Activity: 1176
Merit: 1003
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November 14, 2013, 06:15:04 AM |
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cant sleep waiting for a correction This was it. Now rebuy, go to sleep, and you'll be rich tomorrow |
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Kazimir
Legendary
Offline
Activity: 1176
Merit: 1003
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November 14, 2013, 06:16:24 AM |
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How or where do you generate these 3D orderbook history charts? |
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aqrulesms
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November 14, 2013, 06:16:39 AM |
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cant sleep waiting for a correction This was it. Now rebuy, go to sleep, and you'll be rich tomorrow Yep, happy day tomorrow for all of us. Not getting lower than this. |
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keewee
Legendary
Offline
Activity: 1025
Merit: 1000
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November 14, 2013, 06:35:27 AM |
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cant sleep waiting for a correction This was it. Now rebuy, go to sleep, and you'll be rich tomorrow Yep, happy day tomorrow for all of us. Not getting lower than this. I'm not so sure. We could be under 400 soon and I wouldn't rule out a deeper correction |
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gambitv
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November 14, 2013, 06:38:14 AM |
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cant sleep waiting for a correction This was it. Now rebuy, go to sleep, and you'll be rich tomorrow Yep, happy day tomorrow for all of us. Not getting lower than this. I'm not so sure. We could be under 400 soon and I wouldn't rule out a deeper correction Time for one of these then...  |
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SlipperySlope
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November 14, 2013, 06:43:50 AM |
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I see a steady drift downwards over the last four hours towards the resistance level near $390. Volume is higher at BTC China, so perhaps the sell off will continue for awhile.
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bitboyben
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November 14, 2013, 06:49:14 AM |
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Looks like Chinese bears wake up at 3-4am, perhaps the bulls are sleeping in a bit.
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derpinheimer
Legendary
Offline
Activity: 896
Merit: 1000
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November 14, 2013, 06:54:46 AM |
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adjusting chartbuddy Y parameters scared the shit out of me; looked like monster walls. |
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Kazimir
Legendary
Offline
Activity: 1176
Merit: 1003
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November 14, 2013, 06:57:06 AM |
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Looks like Chinese bears wake up at 3-4am, perhaps the bulls are sleeping in a bit.
The bulls will make up for this later today, after the bears go home early. They'll be happy to pick up the cheap remainders left behind by current bears. What time is it in China right now, anyway? I'd say middle of the day? |
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Poll
