MatTheCat
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June 07, 2014, 01:38:38 PM Last edit: June 07, 2014, 01:50:55 PM by MatTheCat |
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what happened to the 1K wall on stamp???
Someone bought about 350 BTC out of it. Then it was removed, followed by around 350 BTC worth of buy-ins into the Ask orders that had jumped down below it. Seems that it was a market engineering wall after all as opposed to a genuine attempt to shift 1000-1500 BTC. However, the anticipated break out doesn't seem to be on the cards at the moment. A retest of support at $640 is looking likely.
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ChartBuddy
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June 07, 2014, 02:01:08 PM |
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CoinRocka
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June 07, 2014, 02:02:14 PM |
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We will test $800 by Wednesday. Ebay news is too huge to ignore for a week.
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zakalwe
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June 07, 2014, 02:26:12 PM |
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[...] ..., I predicted in this thread that we would test $635, and that with the next test of the resistance line would be the break out, as Wally the Wall Guy either removes or buys up his own wall on the break out. ]...]
i agree, $ 1635 is my prediction too You forgot a 1......
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samsonn25
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June 07, 2014, 02:28:09 PM |
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We will test $800 by Wednesday. Ebay news is too huge to ignore for a week.
It should go $550 before $800
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JimboToronto
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You're never too old to think young.
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June 07, 2014, 02:39:19 PM |
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We will test $800 by Wednesday. Ebay news is too huge to ignore for a week.
It should go $550 before $800 Why?
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gentlemand
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Welt Am Draht
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June 07, 2014, 02:40:02 PM |
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Because of wiggly lines and stuff.
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ChartBuddy
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June 07, 2014, 03:01:07 PM |
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samsonn25
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June 07, 2014, 03:28:42 PM |
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We will test $800 by Wednesday. Ebay news is too huge to ignore for a week.
It should go $550 before $800 Why? Because although there is market momentum to the upside the daily ema is around this level, also it has been overbought the last 2 weeks, and the macd is leveling off and might go negative, and also since it has broken out from mid 400 level there is much greater chance it will fall back to within the ema spec before it reaches 800. Not saying that 800 is not possible in the future. Imho
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bangersdad
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June 07, 2014, 03:33:04 PM |
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We will test $800 by Wednesday. when the manipulators decide. Ebay news is too huge to ignore for a week means nothing to them.
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hdbuck
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June 07, 2014, 03:42:08 PM |
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We will test $800 by Wednesday. when the manipulators decide. Ebay news is too huge to ignore for a week means nothing to them.
+1
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ChartBuddy
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June 07, 2014, 04:01:07 PM |
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MatTheCat
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June 07, 2014, 04:15:11 PM |
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We will test $800 by Wednesday. when the manipulators decide. Ebay news is too huge to ignore for a week means nothing to them.
+1 +2
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Nightowlace
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June 07, 2014, 04:39:16 PM |
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IMO we are at a point where we have a lot of high net worth, major corps, and invesent funds investing in Bitcoin. The days of huge swings, massive outbreaks, and downward spirals are over. I think we will see peaks and valleys in the range of 2-3% possibly at a faster pace than traditional stocks rise and fall but like I said to many major players now have too much to lose not to control the price. Not only that but if more retailers are to enter the "accepting" bitcoin game then the price has to show signs of long term stability and I think that's what we are seeing here. Long term investment growth, price stability for retailers to enter bitcoin, wider acceptance by the general public who don't have the knowledge or skills to enter a highly volatile market.
That's just my guess, he'll we could be at $1,000 on Monday. Who the hell knows.
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hdbuck
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June 07, 2014, 04:47:32 PM Last edit: June 07, 2014, 05:54:08 PM by hdbuck |
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*snip I will try and keep this thread clean, with only facts, current trends, past price movements, depth charts, etc. *snap
so far so good. mehhhehehe
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Cassius
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June 07, 2014, 04:54:56 PM |
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IMO we are at a point where we have a lot of high net worth, major corps, and invesent funds investing in Bitcoin. The days of huge swings, massive outbreaks, and downward spirals are over. I think we will see peaks and valleys in the range of 2-3% possibly at a faster pace than traditional stocks rise and fall but like I said to many major players now have too much to lose not to control the price. Not only that but if more retailers are to enter the "accepting" bitcoin game then the price has to show signs of long term stability and I think that's what we are seeing here. Long term investment growth, price stability for retailers to enter bitcoin, wider acceptance by the general public who don't have the knowledge or skills to enter a highly volatile market.
That's just my guess, he'll we could be at $1,000 on Monday. Who the hell knows.
Market cap is small enough that big money can still move the market (witness the whales mucking around to keep the price where they want it). Stability will be a while yet.
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boumalo
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June 07, 2014, 04:59:07 PM |
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IMO we are at a point where we have a lot of high net worth, major corps, and invesent funds investing in Bitcoin. The days of huge swings, massive outbreaks, and downward spirals are over. I think we will see peaks and valleys in the range of 2-3% possibly at a faster pace than traditional stocks rise and fall but like I said to many major players now have too much to lose not to control the price. Not only that but if more retailers are to enter the "accepting" bitcoin game then the price has to show signs of long term stability and I think that's what we are seeing here. Long term investment growth, price stability for retailers to enter bitcoin, wider acceptance by the general public who don't have the knowledge or skills to enter a highly volatile market.
That's just my guess, he'll we could be at $1,000 on Monday. Who the hell knows.
When major corps and investment funds will massively invest in Bitcoin, the price will be well into 4digits or possibly 5digits
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ChartBuddy
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June 07, 2014, 05:01:07 PM |
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MahaRamana
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June 07, 2014, 05:08:13 PM |
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IMO we are at a point where we have a lot of high net worth, major corps, and invesent funds investing in Bitcoin. The days of huge swings, massive outbreaks, and downward spirals are over. I think we will see peaks and valleys in the range of 2-3% possibly at a faster pace than traditional stocks rise and fall but like I said to many major players now have too much to lose not to control the price. Not only that but if more retailers are to enter the "accepting" bitcoin game then the price has to show signs of long term stability and I think that's what we are seeing here. Long term investment growth, price stability for retailers to enter bitcoin, wider acceptance by the general public who don't have the knowledge or skills to enter a highly volatile market.
That's just my guess, he'll we could be at $1,000 on Monday. Who the hell knows.
A lot of high net worth, major corps and investment funds are investing into a 8 Billion capsize, very little of which is for sale ? Such entities investing in bitcoin in a conservative manner would bring the price at least 100 times higher. Such entities investing in bitcoin aggressively would bring the price about 1000 times higher. These entities still have not touched bitcoin with a pole stick.
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shmadz
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June 07, 2014, 05:51:16 PM |
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IMO we are at a point where we have a lot of high net worth, major corps, and invesent funds investing in Bitcoin. The days of huge swings, massive outbreaks, and downward spirals are over. I think we will see peaks and valleys in the range of 2-3% possibly at a faster pace than traditional stocks rise and fall but like I said to many major players now have too much to lose not to control the price. Not only that but if more retailers are to enter the "accepting" bitcoin game then the price has to show signs of long term stability and I think that's what we are seeing here. Long term investment growth, price stability for retailers to enter bitcoin, wider acceptance by the general public who don't have the knowledge or skills to enter a highly volatile market.
That's just my guess, he'll we could be at $1,000 on Monday. Who the hell knows.
totally, this market is sadly starting to act more mature. at least we'll always have altcoins
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