someone gobbled up 1100 btc from 121.5 -> 122.5

No wait........Sell Sell Sell.

Hey, it was your choice to enter academia, now you gotta deal with peer review.

Maybe everything from the April crash onwards is just one huge bear trap and it'll be $10000 coins next week, lol!

Maybe I should have Bugatti on speed dial just in case

You guys are entirely too excited about a 1k buy. 6 months ago we used to piss 1k buys around here.

Based on what parameters hey ? What  assumptions have you made ? How dare you  

that sounds like fighting talk, just wait there while I grab my pencils.

there was a rather large buy on bitstamp recently as well, http://www.coinorama.net/#


it took a chunk out of the ask walls.

I've also noticed that the bid walls are starting to solidify gradually on bitstamp now... including a larger than normal one at 120 forcing people to buy above it, and a decent size amount of bids around 100 that started to grow after the flash crash/big sale the other day


EDIT - can someone school me on what "chaikin money flow" measures?

EDIT 2 - so I googled... so yeah basically we know that the large asks at bitstamp stemmed from around the time of the dwolla incident and the loss of confidence in mtgox' ability to transfer money easily internationally. We also know that this ask wall is in part due to the fact if you want to cash out, bitstamps SEPA transfers and fees are quicker and cheaper.

This increased selling pressure is therefore totally understandable, but it seems to be gradually countered by increased bids... still massively outweighed by ask walls, but the ratio of money/coins on gox is still in gox favour.

Why do things always have to look more bullish when my new fiat arrives? This way I can't buy at the dip.