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Author Topic: Wall Observer - MtGoxUSD wall movement tracker  (Read 1734744 times)
adamstgBit
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June 15, 2012, 12:49:10 AM
 #81

I'm wondering about the invisible wall at 6... the psychological one

Paradox!
there is no psychological wall at 6, its all in your head man.  Wink



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June 15, 2012, 01:00:05 AM
 #82


Shocked

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June 15, 2012, 11:23:09 AM
 #83

We got a new high of $5.98. The wall at $6 is looking fragile. Price at major EUR exchanges is actually over $6, which puts some pressure as well. We'll see what happens. If $6 holds we'll ping pong back to $5.8 to test that one again.

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June 15, 2012, 02:30:38 PM
 #84

So far so good. Only $43k left of the wall at $6 and there is no selling pressure whatsoever. It's going to be a close one.

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June 15, 2012, 02:52:14 PM
 #85

well, if you believe the CB's are going to do something reckless as usual in response to Greece's vote, then buying now would be wise.
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June 15, 2012, 03:04:43 PM
 #86



Edit: Updated.

Hexadecibel
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June 15, 2012, 03:06:03 PM
 #87

Under 40k now...

edit: 23k!! 27k

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June 15, 2012, 03:33:33 PM
 #88

It's starting to feel like spring 2011 around here again.
cypherdoc
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June 15, 2012, 03:38:52 PM
 #89

It's starting to feel like spring 2011 around here again.

yes, it's time to strip that Bear off your avatar. Wink
waspoza
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June 15, 2012, 03:49:41 PM
 #90

It's starting to feel like spring 2011 around here again.

yes, it's time to strip that Bear off your avatar. Wink

Agreed. That bear dances way too long now.  Tongue
arklan
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June 15, 2012, 03:51:03 PM
 #91

wall at 6 is gone.

Yuhfhrh
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June 15, 2012, 03:52:51 PM
 #92

wall at 6 is gone.

trogdorjw73
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June 15, 2012, 03:55:00 PM
 #93

Question now is: how far will people be willing to push the price before someone takes a big old dump? It took a day or two to whittle down the $6 wall, so if people were hesitant to buy into $6, why would anyone want to buy into major slippage? Hopefully we get someone with a big wallet to give the price a nice push now....

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June 15, 2012, 03:57:34 PM
 #94

Question now is: how far will people be willing to push the price before someone takes a big old dump? It took a day or two to whittle down the $6 wall, so if people were hesitant to buy into $6, why would anyone want to buy into major slippage? Hopefully we get someone with a big wallet to give the price a nice push now....

I'm gonna take a guess and say we won't break $7.
jojo69
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June 15, 2012, 04:01:18 PM
 #95

pretty good volume on the sell side and price holding


??


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Yuhfhrh
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June 15, 2012, 04:04:37 PM
 #96

Here we go!

elux
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June 15, 2012, 04:14:43 PM
 #97

It's starting to feel like spring 2011 around here again.

Summer bubble incoming.
waspoza
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June 15, 2012, 04:32:43 PM
 #98

It's starting to feel like spring 2011 around here again.

Summer bubble incoming.

Its just correction of 2 month stall.
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June 15, 2012, 04:34:30 PM
 #99

It's starting to feel like spring 2011 around here again.

Summer bubble incoming.

Its just correction of 2 month stall.

i sincerely hope you're right. last thing we need for the long term health of bitcoin is repeating massive unstability... even though it COULD net those of us watching like hawks loads of cash. heh.

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June 15, 2012, 04:44:03 PM
 #100

It's starting to feel like spring 2011 around here again.

yes, it's time to strip that Bear off your avatar. Wink

Agreed. That bear dances way too long now.  Tongue

Before long, here's how I imagine your avatar... I wish I had the artistic skills to make it


Dancing like now... red dot appears and centers on bears head... bear's head blown away... man looks around, smiles, takes all the bitcoins out of the bears pockets and walks away calmly.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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