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Question: How far will this leg take us?
$110K - 9 (8.3%)
$120K - 19 (17.6%)
$130K - 17 (15.7%)
$140K - 9 (8.3%)
$150K - 19 (17.6%)
$160K - 2 (1.9%)
$170K+ - 33 (30.6%)
Total Voters: 108

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26917718 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 1 users with 9 merit deleted.)
gizmoh
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March 10, 2014, 08:59:44 PM

Dumping based on any news, or insider trading as usual?

Continuous dumping on no news, due to lack of buying support usually indicates price is currently over-valued.
hdbuck
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March 10, 2014, 09:03:51 PM

Dumping based on any news, or insider trading as usual?

Continuous dumping on no news, due to lack of buying support usually indicates price is currently over-valued.

THIS +1
Smiley
elebit
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March 10, 2014, 09:10:28 PM

Continuous dumping on no news, due to lack of buying support usually indicates price is currently over-valued.

That's a dangerous game to play. A bid wall could turn up at any time. There are some decent whales out there.

The last wall game was played well above the 650's. Presumably some of them sold at 700 and are just waiting to see when the best time is to jump back in again.
TERA
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March 10, 2014, 09:24:49 PM

I'm starting to think this isn't a repeat of 2013 and we are going for a triple bottom.
Richy_T
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March 10, 2014, 09:26:03 PM


Excellent point. There seems to be a mental block by the central planners. The whole point of a decentralized society is that there is no central plan. If we could predict exactly how a stateless society could run, then central planning could work, and we know it doesn't. These people would rather have the certainty of a shitty system than the uncertainty of freedom. Where we're going, we may not need roads.

Yes. Perhaps I don't care that I don't have good access to roads if I can telecommute and Jeff Bezos will drone my groceries in.
MANofthePEOPLE
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March 10, 2014, 09:49:17 PM

Wow, no action at all. Since there's barely any buying going on I believe we will be on a slow downslope but maybe people who's been in the game longer than me have a different opinion?
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March 10, 2014, 09:50:42 PM

I'm starting to think this isn't a repeat of 2013 and we are going for a triple bottom.

dont forget there is the mental barrier of $1k which is quite strong. sustaining a rise from 100 to 1000$ is as hard as going from 10 to 100$ and it didnt took a year for sure. but there are also those whales pumping and panicking the market that we should be careful about. weak hands will be purged. and ego-delusionals shouting "choochoo" every 100$ jumps are just making it harder for new comers not to get f*** in this jungle.

edit: for f*** sake we are talking about a f****g grand here. thats serious money for the average joe and its surely not the whole speech about buying a thousandth of a bitcoin that is going to help it to get mainstream and attract new money in. at least give it time. whats funny tho is that at the first panic sell movement all the choohooers will just follow. Cheesy Grin
HerrAndreas
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March 10, 2014, 10:04:33 PM



How lovely the world must look like to the stubbornly naive...

Can't believe I'm turning into the statist here, considering that in he outside world I tend to take the opposite role, but so much simplification and ideologically motivated misrepresentations of reality have that effect.

Hey, I know what I'll do: I'll just warm up my earlier point: how come those pretty "socialist" states like Sweden, Switzerland, The Netherlands outperform (on pretty much every metric) more economically permissive countries like the US?

To point out a few differences-
 distance, NSA, military.  all are MASSIVE economic drains.  Then there is scale. 5 mil people vs 300, or whatever the case may be.

aren´t you guys a bit off-topic here?
or am I missing some link to price movement?
roslinpl
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March 10, 2014, 10:07:46 PM

Price today not bad... seems to be more stable at this point and I see only possibility for it to go UP UP and away Smiley soon Tongue
fonzie
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March 10, 2014, 10:20:12 PM

<----- Bullish   Cool

Upcoming 3d MACD crossover might take us to 900$

Edit: Also BTC-E above Stamp for the first time since days.
adamstgBit
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March 10, 2014, 10:32:02 PM

I'm starting to think this isn't a repeat of 2013 and we are going for a triple bottom.

This is like nothing we have seen before.

triple bottom seems unlikely.

400 feels pretty far down now not like when we were all freaking out about mtgox possible insolvency, or the chain bitcoin ban days after the bubble had official popped.

pretty sure it goes up from here.

did you hear ebay will soon have a BTC/PPUSD conversion machine?   Wink
fonzie
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March 10, 2014, 10:36:11 PM

I'm starting to think this isn't a repeat of 2013 and we are going for a triple bottom.

This is like nothing we have seen before.

triple bottom seems unlikely.

400 feels pretty far down now not like when we were all freaking out about mtgox possible insolvency, or the chain bitcoin ban days after the bubble had official popped.

pretty sure it goes up from here.

did you hear ebay will soon have a BTC/PPUSD conversion machine?   Wink


I stand side by side with my good friend Adam. Double top; double bull trap, double bottom. I´m about to post trains in 6-10 days Wink
keewee
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March 10, 2014, 10:37:50 PM

I'm starting to think this isn't a repeat of 2013 and we are going for a triple bottom.

This is like nothing we have seen before.

triple bottom seems unlikely.

400 feels pretty far down now not like when we were all freaking out about mtgox possible insolvency, or the chain bitcoin ban days after the bubble had official popped.

pretty sure it goes up from here.

did you hear ebay will soon have a BTC/PPUSD conversion machine?   Wink


I stand side by side with my good friend Adam. Double top; double bull trap, double bottom. I´m about to post trains in 6-10 days Wink

I think fonzie's account has been hacked. Who is this??
cbutters
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March 10, 2014, 10:39:57 PM


I think fonzie's account has been hacked. Who is this??

I know! I almost converted full bear when I saw him write that!.... still confused.
fonzie
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March 10, 2014, 10:41:31 PM

I'm starting to think this isn't a repeat of 2013 and we are going for a triple bottom.

This is like nothing we have seen before.

triple bottom seems unlikely.

400 feels pretty far down now not like when we were all freaking out about mtgox possible insolvency, or the chain bitcoin ban days after the bubble had official popped.

pretty sure it goes up from here.

did you hear ebay will soon have a BTC/PPUSD conversion machine?   Wink


I stand side by side with my good friend Adam. Double top; double bull trap, double bottom. I´m about to post trains in 6-10 days Wink

I think fonzie's account has been hacked. Who is this??

My friends call me Mark  Cheesy
Walsoraj
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March 10, 2014, 10:51:59 PM

I'm starting to think this isn't a repeat of 2013 and we are going for a triple bottom.

This is like nothing we have seen before.

triple bottom seems unlikely.

400 feels pretty far down now not like when we were all freaking out about mtgox possible insolvency, or the chain bitcoin ban days after the bubble had official popped.

pretty sure it goes up from here.

did you hear ebay will soon have a BTC/PPUSD conversion machine?   Wink


I stand side by side with my good friend Adam. Double top; double bull trap, double bottom. I´m about to post trains in 6-10 days Wink

You left out steadily declining bid sum. Without a Gox style halt on fiat withdrawals, we are going down.
fonzie
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March 10, 2014, 10:53:59 PM

It seems like Stamp/Finex immediately followed my advice. Cool  Smiley
TERA
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March 10, 2014, 10:55:52 PM

I'm starting to think this isn't a repeat of 2013 and we are going for a triple bottom.

This is like nothing we have seen before.

triple bottom seems unlikely.

400 feels pretty far down now not like when we were all freaking out about mtgox possible insolvency, or the chain bitcoin ban days after the bubble had official popped.

pretty sure it goes up from here.

did you hear ebay will soon have a BTC/PPUSD conversion machine?   Wink


I'm not saying 400 will be reached but maybe just another drop in general (maybe only 500-550) followed by several weeks of sideways trading. The point is we might not be breaking out of the downtrend right now as everyone is predicting solely based on 2013 chart. Also, I'm not sure about this - it's just a possibility.

I only read the charts to make predictions; not the news. TA tells you the truth about what is actually going on as opposed to news which can lead to hype and misinterpretation.

<----- Bullish   Cool

Upcoming 3d MACD crossover might take us to 900$

Edit: Also BTC-E above Stamp for the first time since days.
The 3d is nowhere near crossing right now and it would take at least another week. Don't preempt the indicators and talk about "upcoming crosses" - there is no such thing. Check out this "upcoming cross":

niothor
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March 10, 2014, 10:56:16 PM

I'm starting to think this isn't a repeat of 2013 and we are going for a triple bottom.

This is like nothing we have seen before.

triple bottom seems unlikely.

400 feels pretty far down now not like when we were all freaking out about mtgox possible insolvency, or the chain bitcoin ban days after the bubble had official popped.

pretty sure it goes up from here.

did you hear ebay will soon have a BTC/PPUSD conversion machine?   Wink


I stand side by side with my good friend Adam. Double top; double bull trap, double bottom. I´m about to post trains in 6-10 days Wink

I think fonzie's account has been hacked. Who is this??


His account is hacked or he bumped his head this past weekend.


He is turning into Eiznof , just like Walsoraj
BitChick
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March 10, 2014, 10:56:37 PM

I'm starting to think this isn't a repeat of 2013 and we are going for a triple bottom.

This is like nothing we have seen before.

triple bottom seems unlikely.

400 feels pretty far down now not like when we were all freaking out about mtgox possible insolvency, or the chain bitcoin ban days after the bubble had official popped.

pretty sure it goes up from here.

did you hear ebay will soon have a BTC/PPUSD conversion machine?   Wink


I stand side by side with my good friend Adam. Double top; double bull trap, double bottom. I´m about to post trains in 6-10 days Wink

I think fonzie's account has been hacked. Who is this??


His account is hacked or he bumped his head this past weekend.


It is almost tempting to "un-ignore" him.

Maybe it's a trap though. Wink
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