Post
Topic
Board Speculation
Re: Wall Observer - MtGoxUSD wall movement tracker
by
adamstgBit
on 18/01/2013, 20:41:12 UTC

A proper dump like we've seen in the past could easily take out everything down $13.  I'm waiting for that one, and the subsequent panic selling.   Grin

a dump down to 13 is not a bad bet but i wouldn't wait for panic selling after that....
any dump ( even one all the way down to 10$ ) will bounce back to 14 pretty fast
all thanks to limited supply Vs growing demand!  Smiley
the person dumping that much coinage all at once is either profoundly retarded generous, or trying to cause panic selling too let him buy back lower, which wont work, not till we are well over 17.