Nemo1024 (OP)
Legendary
 Offline
Activity: 1680
Merit: 1014
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July 16, 2013, 12:20:27 PM |
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For the last 3 days the daily fluctuations between highs and lows were becoming narrower and narrower. https://www.bitstamp.net/ Last price:$92.29 Daily change: -$1.49 -1.59% Day's range:$90.90 - $93.90 Today's open:$93.76 24h volume12023 BTC There is a lot of tectonic tension and it's going to blow. The only question is, in which direction? My bets, sorry, orders are on "down", but I might be wrong... |
“Dark times lie ahead of us and there will be a time when we must choose between what is easy and what is right.”
“We are only as strong as we are united, as weak as we are divided.”
“It is important to fight and fight again, and keep fighting, for only then can evil be kept at bay, though never quite eradicated.”
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lucas.sev
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July 16, 2013, 12:32:19 PM |
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So its going up or down, this is an interesting analysis.
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Dalib
Full Member
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Activity: 462
Merit: 101
A Top Web 3 Gaming Layer2 Provider
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July 16, 2013, 12:42:25 PM |
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low: 89.09 after 350 BTC sell  |
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marvinrouge
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July 16, 2013, 12:49:54 PM |
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Bullish whale on gox
Bearish whale on bitstamp and btce
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tutkarz
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July 16, 2013, 12:51:36 PM |
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maybe he is buying at gox and selling at other exchanges
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Nemo1024 (OP)
Legendary
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Activity: 1680
Merit: 1014
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July 16, 2013, 12:55:07 PM |
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That sell wall got eaten already?!
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“Dark times lie ahead of us and there will be a time when we must choose between what is easy and what is right.”
“We are only as strong as we are united, as weak as we are divided.”
“It is important to fight and fight again, and keep fighting, for only then can evil be kept at bay, though never quite eradicated.”
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marvinrouge
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July 16, 2013, 12:56:04 PM |
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maybe he is buying at gox and selling at other exchanges
Buying @100 and selling @90 ? I hope he has a good strategy  Or maybe just a whale cashing out  |
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tutkarz
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July 16, 2013, 12:57:08 PM |
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maybe he is buying at gox and selling at other exchanges
Buying @100 and selling @90 ? I hope he has a good strategy Or maybe just a whale cashing out he started to buy at lower price |
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barbs
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July 16, 2013, 01:42:31 PM |
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so we're going to go either up... or either down..
THANK YOU
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Nemo1024 (OP)
Legendary
Offline
Activity: 1680
Merit: 1014
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July 16, 2013, 01:46:35 PM |
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Well, it's pure speculation. Up or down. Might also be charmed or strange. At least sideways is out of question. |
“Dark times lie ahead of us and there will be a time when we must choose between what is easy and what is right.”
“We are only as strong as we are united, as weak as we are divided.”
“It is important to fight and fight again, and keep fighting, for only then can evil be kept at bay, though never quite eradicated.”
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tutkarz
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July 16, 2013, 02:35:56 PM |
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why some people seem to be afraid of price >$100. Is this some kind of mental problem or what. I don't get it.
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Walsoraj
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July 16, 2013, 02:44:03 PM |
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Sideways is always suspicious.... What are you up to, bitcoin?
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massivebitman
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July 16, 2013, 03:34:36 PM |
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My thoughts, the withdrawal issues at Gox really mean there's not much benefit in selling out there.
They seem to have no issues taking deposits though. I managed to get some money in, despite it being delayed. If you were holding BTC and wanted to get it out in a reasonable time period you'd find other channels.
Everyone still looks to Gox for price advice, so I think the price is being artificially sustained.
I suspect we'll move sideways for a while longer, until the withdrawal issues are resolved. Perhaps we could even have a bit of a climb if people were holding fiat and were desperate to get it out
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bitcon
Legendary
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Activity: 2212
Merit: 1008
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July 16, 2013, 04:22:38 PM |
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people wanting put of gox should have bought at ~70 not wait until it reaches $100. the withdrawal issues will be fixed, then ppl will sell en masse driving the price down again.
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Tzupy
Legendary
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Activity: 2128
Merit: 1074
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July 16, 2013, 04:23:03 PM |
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Why would anyone deposit $ into MtGox now, when there's such a large gap with other exchanges?
The clear option is to deposit at Bitstamp or BTC-E, where the market is at least 6$ lower, and then move the BTC to MtGox.
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Sometimes, if it looks too bullish, it's actually bearish
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Adrian-x
Legendary
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Activity: 1372
Merit: 1000
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July 16, 2013, 06:45:10 PM |
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maybe he is buying at gox and selling at other exchanges
/\ this - explains how you get USD out of Gox when they limit USD withdrawals. |
Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
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notme
Legendary
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Activity: 1904
Merit: 1002
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July 16, 2013, 07:14:42 PM |
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maybe he is buying at gox and selling at other exchanges
Buying @100 and selling @90 ? I hope he has a good strategy Or maybe just a whale cashing out 1. Drive price up on MtGox, down on others. 2. Wait for people to assume price has decoupled due MtGox's USD delays. 3. Rumors of MtGox dying will cause a selloff on other exchanges. 4. Buy cheap coins on other exchanges. 5. MtGox gets caught back up on USD withdrawals. 6. Laugh all the way to the bank. |
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a28hz
Newbie
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Activity: 18
Merit: 0
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July 16, 2013, 11:55:47 PM |
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Down with a future bounce, because a lot of people its counting on 100 for buying mainly mining hardware, a little bit of panic and bouncing back on the future.
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ElectricMucus
Legendary
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Activity: 1666
Merit: 1057
Marketing manager - GO MP
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July 16, 2013, 11:59:39 PM |
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5. MtGox gets caught back up on USD withdrawals.
You should have probably stopped there. |
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notme
Legendary
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Activity: 1904
Merit: 1002
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July 17, 2013, 12:05:27 AM |
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5. MtGox gets caught back up on USD withdrawals.
You should have probably stopped there. This is a long term plan with several iterations of 1-4. I agree 5 will take 1 - 1.5 months from today. |
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