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Showing 20 of 40 results by Ray Anastasio
I'm thinking this is another bounce on a bigger downward trajectory. I sold most around 480 earlier in the week, bought yesterday from 420 down to 360 where I ran out of fiat. Sold a bit in the 450's today, with sell orders at 470, 480, and 500 levels, hoping to catch a upswing before it takes the next bounce down to rebuy upper 200's.
I could be wrong, who knows. It's a fun game regardless.
I could be wrong, who knows. It's a fun game regardless.
Re: Not seeing 620 again any time soon (and I hope I am wrong)
The gox situation will limit panic selling, as people will be more apt to withdraw BTC to cold storage rather then keep them on the exchanges. Get in, get out, minimize your risk by keeping cash and coin off the exchanges.
why does it take mtgox so long to process withdrawals?
I'll speculate: maybe they are trying to earn profit directly from some investment or interest as well as frim commission. For example, a whale buys 1 million worth of bitcoin. But the don't give that million to the seller right away, they hold it for a few months.
Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore
That's why TA is more or less useless. Market volume and liquidity is not nearly large enough to make it meaningful.
Bingo.I disagree. If you had (and if you still do) look at just the money flow index, you'll see that the last time we were this close to being overbought in the last 6 months, was the rise to 260. This rise was and is easily predicted through TA. In fact, this rise could actually surpass the BTC all time high but we'll see. My guess, is we're in for some massive gains over the coming days. 200 is going to get run through like nothing.
Congrats Bulls!
hey moron,
last time was preceded by massive inflows of money to gox. not happening now.
we go to $180, and no more. We level there until gox fixes its shit
i would strongly prefer us not going to more then $150 right now to be honest. Slow and steady. I'd like us to even just hang out at $130 for the next two weeks before heading to $150. I'd be happier with a reliable value rather then just a high value that's doomed to crash as fast as it peaked.
Every time it peaks crashes peaks crashes, I end up with more bitcoin wealth.....
Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore
Lift-off commencing! 
This is obviously completely artificial. Look at the bid depth. 352 BTC in bids on $126 and 7357 on $127.
The bids on $127 are only there to push the price up into the higher sell range otherwise they would be at the lower price.
Why would someone pay $1 more than they have to for over 7000 BTC when there's only a tiny amount of bids on $126.
Yeah, but nobody is selling either. Only 121 bitcoins for sale under $130.
Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore
It looks like some negative momentum is building up.
It does, actually.
I thought so too... Bet on it actually
Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore
So what happens to this million dollar wall?
Once the little walls at $124.9 get hit big boy will pull a vanishing act.
lol maybe...
And would Wally do with all that fiat? Interest free loan to gox for 3 months?
I call fake wall.
Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore
Only 300 coins to the wall of Jerico.
Jushua blow your horn.
Jushua blow your horn.
Boo hiss market backed down from the wall.
::puts popcorn away::