Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
330 btc wall on stamp now. someone does not want the price to move beyond $12500
Yes. been watching it. They are trying to force the price down while bitfinex is down because reasons
one needs 67 btc to move the price down 1% on stamp. but almost 400 btc to move it up 1%
never seen this. is it common?
http://data.bitcoinity.org/markets/books/USD
I think that is common when the price is moving a lot in one direction The order books do not fill up on the downside fast enough, and it looks like there is a decent amount of resistance, but ends up being NOT. Ends up being a good way for bears (and other sellers) to lose their coins with bulls having something to buy into. hahahahahahahaha.. funny how that works... and works and works... until it doesn't.
Yes, surely most of us recognize that this outrageous UP cannot last forever, but "feels good man" while it is happening, especially for HODLers.
Let's see if it's only a dip or a bigger correction. Much needed imho.
I would say that it's not only much needed, but somewhat overdue...
An "overdue" that might not happen.
Pee pare ur selfie for UP, too...... NOT merely for down.
Yes, this is bitcoin. As a long-time HODLer, I'm well prepared for UP and I don't want it to go down at all, but it's impossible. Such long uninterrupted ralies, while very fun to watch, eventually make me uneasy. There will be a dip sooner or later... but I'm also mentally prepared for it. $12600. That's a bit crazy, but again, this is bitcoin
No argument from me, and thanks for the clarification regarding your own personal stance..... in essence, you are not wishing for DOWN, but you are shocked like the vast majority of us regarding the extent of this ongoing and intense UP.