Are you guys watching Bitstamp live? The second 500BTC buy wall is almost eaten too.
This is really important.Yesterday ({[they]}) bought 3 1k buy walls at 7800 - that i saw in just a short Wall Observe. But the dumps now are just little titties by comparison - 12, 15, 50 coins.
They think big gobs of coin are worth having at 6/7 k
They stand to make far more by encouraging it back up once they've shaken the trees and picked up the ripe fruit, than by going short.
So yes Tone Vays might be right we're in for another ~month of floggings.
After that, add a few zeroes.