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3481  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 02, 2014, 01:58:40 AM
Is Fortress buying (or already bought) btc or are they investing in btc business instead?
3482  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 02, 2014, 01:45:39 AM
It's Jan 1 and volume is still low "due to the holidays" according to forum posters (for 2 weeks straight now). I suppose tomorrow the volume should suddenly pick back up. If it doesn't, should I be dumping? I guess then I'll hear about "deposit lag to react to the Fortress news". So I'll have to give it one more week and my dumping deadline is Jan 8?
3483  Economy / Speculation / Re: Your thoughts on when BTC will reach $1000 again? on: January 02, 2014, 01:38:03 AM
I want to hear your thoughts on when btc will reach 1000 bucks again, feel free to share.


Here is a chart I made on December 17th. Before BTC fell below 500 the following day.

According to my observations it could be anywhere between mid January and June 2014.  Unless we hit another bull market, then it could take only a couple days. If that happens we maybe headed back to the moon.  Wink






Seems like a reasonable chart. But a chart that says we will hit $1000 again between January and June doesn't really tell me I couldn't guess anyway Wink

How did you come to your conclusions for the chart? Is it based on resistance and support levels or basically just random "angles" for the lines?
Guys I need charts with at least this many lines, but preferably 5 times as many lines. Oh, and the moon. Don't forget the moon, and the oort cloud is required also.
3484  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 01, 2014, 11:52:16 AM
get your fiats ready!!
3485  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 01, 2014, 11:44:06 AM
I think the effect of the dump was dampen everyone's 'omg fortress to the moon' feelings.
3486  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 01, 2014, 11:34:32 AM
Gox Laggy no ?

Do you think it's a short up currently, will going down again I assume.
The current dump will probably wobble and stabilize around 800-805. Then there will be more recoveries, breakouts, and dumps. If it's like May then this fight can go on for weeks.

In corner 1, you have a 1 day crossover and positive news like Fortress

In corner 2, you have backlogged capitulation, China going down, and people dumping now that tax hodling is over
3487  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 01, 2014, 11:15:39 AM
It might have been a bunch of delayed bot sales from before the gox issue started, rather than a whale. We were floating up in the 810s/820s without any resistance for quite some time.
3488  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 01, 2014, 11:05:28 AM
Imagine if all the Chinese exchanges have to close and we go back to gox being the highest volume exchange. Then you'll be getting goxxed all the time. :p
3489  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 01, 2014, 10:59:20 AM


Goxxed.
3490  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 01, 2014, 10:44:52 AM
Maybe something to do with the API being down. Dump up to 3550 now jesus.
3491  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 01, 2014, 03:44:17 AM
Fortress will buy dogecoin instead of bitcoin.

wow
3492  Economy / Speculation / Re: Your thoughts on when BTC will reach $1000 again? on: January 01, 2014, 03:28:40 AM
It's new year! Everyone get your bull on. The correction is off and we're going to the oort cloud. Way over the exponential trend. We're going to trend exponentially on an exponential scale. Let's make a log chart of the log chart. 2014 baby!
3493  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 01, 2014, 03:25:30 AM
oops
3494  Economy / Speculation / Re: Automated posting on: January 01, 2014, 03:16:42 AM


Ok, I've been out of here for a while, can somebody quickly explain the joke?
Since it's from ChartBuddy I'll deduce that it's due to gox's API having issues. I liked the one with Mark Kerpeles better.
3495  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 01, 2014, 03:05:32 AM
I find buying negative PR to be much more profitable than buying positive PR. For example silk road... buy at 85 and ride a rocket to 125 for a 50% gain.  Not buy positive PR and hope some weak rally crawls on 1% at a time.

You realize dont you that this entire rally started a week after Second Market started buying?  You can call that a coincidence. I don't.
66 was a great buying point considering gigantic support had been established at 50-55.

Second Market started buying at $120.
Oh then I think you're confusing second market with China. China was responsible for the rally from 120.
3496  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 01, 2014, 03:02:08 AM
I find buying negative PR to be much more profitable than buying positive PR. For example silk road... buy at 85 and ride a rocket to 125 for a 50% gain.  Not buy positive PR and hope some weak rally crawls on 1% at a time.

You realize dont you that this entire rally started a week after Second Market started buying?  You can call that a coincidence. I don't.
66 was a great buying point considering gigantic support had been established at 50-55.
3497  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 01, 2014, 02:55:27 AM
I find buying negative PR to be much more profitable than buying positive PR. For example silk road... buy at 85 and ride a rocket to 125 for a 50% gain.  Not buy positive PR and hope some weak rally crawls on 1% at a time.
3498  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 01, 2014, 02:48:56 AM
Price being held up by strings on low volume, using positive PR, just like in May. I told you there would be one more surge towards 900.
3499  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 01, 2014, 02:31:36 AM
Really - you guys deduced all this because the price went up? Can you point out on the charts exactly what indicators show that "big money wants in"? I see today that stamp has 9276 volume.
3500  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 01, 2014, 02:15:29 AM
Drunk panic buying on new year. Later... dumping because its 2014 and people can take their capital gain. This gonna be good.
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