The real battle will be for $115 (and then $130)... Hitting these will provide strong evidence of a longer-term reversal.

The bears who want to see the price fall know this. But just like last week, once we start moving, it'll be very hard to stop.

I love to see these large purchases with this kind of slippage.  Is very likely that these coins are leaving a traders hands and moving into a medium to long term investors' -- someone who does not care about 1 to 3 percentage points.    Especially an early-week purchase -- funds hit the exchange, so buy the coins. 

Sure a trader could do this to try to spark a rally, but that's a VERY dangerous game; a lot more dangerous with a lot less upside then just buying at 65 to 75 and holding for a few days 


Something else to think about:

We dropped to 65 and then right back where we started at 100+.  Did ANY money leave Gox AT ALL?  Or was this all just long-term bull traders trying to outfox each other?

Impossible to say, but the bitcoin on the order book has certainly been decreasing lately:

Our friendly whales are still increasing bids. At least 15k of the 50k bids to 70 are them.

Wonder if they are real. No one really tested them since they began to push us up... and if they had, the whale would have been DAMN happy to get those cheap coins.

Holy shit! You actually believe the nonsense you are posting.
I thought you were just trolling but you are serious!
Why does this sub forum attract so many mentally ill people?