Was this a Silk Road like spring load coil that is going to send us back into the upward trend line?

Once China realizes no one went down with them, are they going to rethink their bearishness?  They are used to watching Gox.

real support doesn't show in order books because order books are bs, stamp has some real support at 805-810

mmmmmmmmmm...whale caviar.

tasty whale caviar.

we want MOAR

 

Heck i always have some fiat at hand..I'm just a trader and as most id like a bullish trend,as easier to make dough,but the story of charts is telling otherwise.
I also agree this baby is going down at a slow pace and even though a whale tried to sustain the price at 900(loaded!), the market is not willing for >1k territory, not yet at least.

No excitement from me tonight. Just catching some dumpers and selling their coins back to them at my profit...

Interesting factoid:  50 minutes into the 1 hour candle in China and this is already the 2nd highest volume candle in the entire rally.

Down on higher volume normally means massive support. What does it mean today?

Edit: this will be the 3rd highest volume candle and the highest volume red candle to date in China.

You know loaded, with the level of bitcoin wealth you have- you could probably convince some large investors to join you in creating some sort of market stability mechanism. In particular- we need a way to arbitrage between exchanges. Not on the individual trader level, but on the larger market level. Like a meta exchange. Where every time you make a purchase of bitcoin you were getting it at the lowest possible price worldwide, and every time you sold a bitcoin you were selling it at the highest possible price worldwide.  That would go a long way to ironing out the market stability.

BitPay has that system for internal use. They pull all bids & ask from all exchanges and always buy low, sell high. Supposedly when you use their service you are reaping the benefits of that.