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GreekGeek
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February 24, 2014, 09:53:48 AM |
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THAT 5k coins wall on Bitstamp...  has anyone tested it, to see if it is real? |
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MAbtc
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February 24, 2014, 09:54:03 AM |
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Btw. Hails to TERA for being right again and again in such difficult times.
Nothing against anyone but news driven events like these are unpredictable, unless you have a glass ball. All the TA in the world doesn't make it any less of a guessing game when it comes to outside events. Technicals pointed to this movement, IMO. The news came later. News tends to exacerbate or mitigate movements, not define them. I called the move up and the top, and news is the last thing on my mind. https://bitcointalk.org/index.php?topic=178336.msg5313168#msg5313168 |
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TERA
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February 24, 2014, 09:54:34 AM |
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Btw. Hails to TERA for being right again and again in such difficult times.
Nothing against anyone but news driven events like these are unpredictable, unless you have a glass ball. All the TA in the world doesn't make it any less of a guessing game when it comes to outside events. Technicals pointed to this movement, IMO. The news came later. News tends to exacerbate or mitigate movements, not define them. I called the move up and the top, and news is the last thing on my mind. https://bitcointalk.org/index.php?topic=178336.msg5313168#msg5313168Technicals can also often be an indication of what is going on behind the scenes which insiders are trading but the public doesn't know about yet. |
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isov
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February 24, 2014, 09:56:26 AM |
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THAT 5k coins wall on Bitstamp... has anyone tested it, to see if it is real? It's real. We were banging against it couple hours before. Half of it got eaten already, was like 10k first. |
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magicmexican
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February 24, 2014, 10:01:57 AM |
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according to the irc, there wont be any official updates today
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Girth
Newbie
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Activity: 11
Merit: 0
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February 24, 2014, 10:02:23 AM |
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ChartBuddy
Legendary
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Activity: 2352
Merit: 1803
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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February 24, 2014, 10:03:17 AM |
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T.Stuart
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February 24, 2014, 10:03:28 AM |
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according to the irc, there wont be any official updates today
Was it in chat? Can you post any extracts? |
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FNG
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February 24, 2014, 10:05:12 AM |
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THAT 5k coins wall on Bitstamp...
has anyone tested it, to see if it is real? it started at 10k @595 nobody went for it so he dumped 1000 coins and put a 9k wall at 579. It hasn't been hit in a few hours now |
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TERA
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February 24, 2014, 10:08:52 AM |
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I'm suprised there haven't been more of these types of walls all along. They used to be normal, and then disappeared in July. The mtgox orderbook used to have 200K COINS on it during bear markets. Bitstamp currently has only roughly 20K coins. If Bitstamp is becoming the major exchange and then rest of the exchanges are either dying off or being proven to have fake volume, then I should expect bitstamp to be at least somewhat more like mtgox used to be. For example 80K coins on the book might be appropriate.
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JayJuanGee
Legendary
 Online
Activity: 3892
Merit: 11106
Self-Custody is a right. Say no to"Non-custodial"
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February 24, 2014, 10:10:13 AM |
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Well just woken up and as per usual missed a lot of the action and chance to make some easy money.
Great to see we're doing some wall observing!
Predictions for the day then?
Mine: No gox announcement, price to fall back to around $100 in gox and stamp to follow to about $550
I don't think them clearing up their twitter of bot automated responses is a bad thing. If they deleted their twitter then maybe but just getting rid of their tweets is just a chance to spread more FUD for the manipulators
It seems that if we are NOT getting any additional news from GOX, then likely we will go to a little below $100 on Gox and in the lower $500s on Stamp... maybe $510-ish.... |
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tarmi
Legendary
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Activity: 1232
Merit: 1011
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February 24, 2014, 10:10:33 AM |
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soon enough we will test those lows for real.
prepare your fiat.
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magicmexican
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February 24, 2014, 10:13:40 AM |
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i am thinking 85$ on gox if nothing good comes up today
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surfer43
Sr. Member
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Activity: 560
Merit: 250
"Trading Platform of The Future!"
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February 24, 2014, 10:15:45 AM |
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preparing 300 fresh $ for when BTC sinks to $10  |
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spooderman
Legendary
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Activity: 1652
Merit: 1029
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February 24, 2014, 10:15:58 AM |
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I'm suprised there haven't been more of these types of walls all along. They used to be normal, and then disappeared in July. The mtgox orderbook used to have 200K COINS on it during bear markets. Bitstamp currently has only roughly 20K coins. If Bitstamp is becoming the major exchange and then rest of the exchanges are either dying off or being proven to have fake volume, then I should expect bitstamp to be at least somewhat more like mtgox used to be. For example 80K coins on the book might be appropriate.
coins are worth 10x what they used to be.... |
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spooderman
Legendary
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Activity: 1652
Merit: 1029
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February 24, 2014, 10:17:21 AM |
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so, we are dumping because mark resigned which is what he should have done? This is good long term. Bitcoin needs gox to go away.
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octaft
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February 24, 2014, 10:18:08 AM |
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preparing 300 fresh $ for when BTC sinks to $10 You might get those 117 bids filled after all. I doubt $10 though. |
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FTWbitcoinFTW
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February 24, 2014, 10:18:40 AM |
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Haha so fun to see all poor beging for a low btc.
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surfer43
Sr. Member
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Activity: 560
Merit: 250
"Trading Platform of The Future!"
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February 24, 2014, 10:20:05 AM |
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Come see the Next Big Thing from the creator of Mt. Gox Secret Bitcoin Project  (what is it? an exchange? or something greater?)
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