Post
Topic
Board Economics
Re: A good day to buy hard?
by
oblivi
on 20/09/2015, 23:43:45 UTC
A great great day to buy hard indeed. I am seriously considering buying with all my available money right now. We're flat, I dont think the price is dipping below $200 again, ever. We may be leaving behind $300 and maybe $400 forever within the next 8 months. I am very optimistic of the route we're taking in the not-so-distant future.

yea we can see a big buy wall at 220$
Im hold my bitcoin too

I wouldn't place my trust in a big buy wall... The one purpose of a huge buy wall is a great opportunity to get dumped on hard. Sells will be absorbed easily.

There are tons of fake walls being put on both sell and buy orders. If you go on bitcoinwisdom or specially in Poloniex you can see how there are walls being created and then being taken off suddendly trying to trap other people's orders on there. Poloniex also has an annoying bot that automatically creates orders of +1 satoshi increments. Is there any logical explanation for this?