Post
Topic
Board Speculation
Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore
by
mccorvic
on 26/04/2013, 17:56:33 UTC
Well, the dumpers will run out of steam if the price doesn't go below 120 before Saturday is through.  Once the dumpers have dumped their last dump, the price will go up to around 150ish or so easy.

Don't you know what some dumps create more dumpers? And when this new dumpers dump and create even more dumpers. And...

Yes, but that's why I said "if the price doesn't go below 120..."

If the dumpers fail people stop jumping on the bandwagon.  Well, at least until the next round.