Tired of 140$

[ehoffman]

Well, almost 2 days now, we stagnate at 140$.  There's a jump once in a while to 145, and then it get all the way down to 140$.  It is as if someone is trying to control the price.

The point is that if it does that for too long, who will want to buy?  Each time there's an incentive for price to go up, it's a dead shot in the water...

[goxed]

I think, by looking at the weekly charts, there should be movement next week.

[adamas]

[balanghai]

Well, almost 2 days now, we stagnate at 140$.  There's a jump once in a while to 145, and then it get all the way down to 140$.  It is as if someone is trying to control the price.

The point is that if it does that for too long, who will want to buy?  Each time there's an incentive for price to go up, it's a dead shot in the water...

Well the ones who have the most will really enjoy it in the first wave, and the next wave will be left hanging.

[Tzupy]

The price stays mostly below 143$ because that's the resistance level induced by those who got stuck on the 5th September.
If the whale buying pattern continues, we should see another large buy within 1 - 2 hours. How high it will reach, I don't know, that's why I'm jumpy now.

[rampantparanoia]

willy is free!

[marcovaldo]

Feel free to buy a couple of thousands of btc, and make the price higher.

[600watt]

how many days the was the price above 140,- ? can´t be more than 20 or so.

out of 1460 days only 20 days was (significantly) higher than today.

that´s less than 1.4 %

we are in the top 98.6 % of all time bitcoin price level.

so chill out and breath some (thin) air... 

[mccorvic]

After two days you're bored and ready to give up?

Woulda hate to seen how you handled all of 2012.

[derpinheimer]

TBH your graph makes it look a lot like final capitulation is right around the corner.

[Tzupy]

No whale buy yet, they probably wait for a small downward correction.
Soon we may find out if the 140$ buy wall holds.

[derpinheimer]

No whale buy yet, they probably wait for a small downward correction.
Soon we may find out if the 140$ buy wall holds.

For like the 5th time 

[Tzupy]

The correction of the 11th was about 3k BTC, and the buy wall is now only 2.7k.
I'd rather say the wall won't hold and we'll hit 136$, because of some overshoot.
But the important part is IF there will be a strong upward move soon after the correction.

[Lomus]

Why doesn't everyone on the exchanges just list thier BTC over 200 bux for a week?

[notme]

Why doesn't everyone on the exchanges just list thier BTC over 200 bux for a week?

Because you will never get everyone to agree.

[Lomus]

But if a lot of people agreed that might be enough..

Prolly better to let the customers/market decide with tainting it though.

[Bitcopia]

TBH your graph makes it look a lot like final capitulation is right around the corner.

Agreed,I think adamas called the wrong point in connecting these graphs, but I also think these kinds of ideas are typically self- fulfilling, especially in such a new and undefined market.

[sublime5447]

Doesnt matter what mt gox says that is not a real price. You need to be looking at bitstamp or campbx for the real rate

[dopamine]

Doesnt matter what mt gox says that is not a real price. You need to be looking at bitstamp or campbx for the real rate

Explain how Mtgox is not the real price?

[sublime5447]

Sure go the blockchain and hit send money and then put 1 in the btc field that is the price. ( hint it aint gox price)

bitcoinaverage.com  notice how there is a link to ignore mt gox there is a reason for that.

here is another price source preeve.com

go to silk road and see what one bitcoin is worth

go to bitmit and see what one coins is worth.

Mt. gox is a manipulated market because you cant get funds in or out