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4381  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 06, 2014, 03:39:49 PM
if you take the time to read the article, you'd see that it would be around a 4% premium.. Smiley

edit: oh nice you sroted it out Smiley

If we are talking about the typical Western Union customer who deals in cash, it is more like an 8% premium, and then someone has to take that on the chin again at the other side of the world.

Considerably worse rate than Western Union.

Yup thats another stock worth shorting too...  Fuck Apple.... Fuck Western Union...

4382  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: February 06, 2014, 02:35:46 PM
Hi sorry to be clear I cannot log on, both sites https://www.dgex.com and https://www.bter.com are not loading for me , coming up with connection to server interrupted... wondering if it is just me, or a wider problem.

thanks.

access working for me

Ok thank you.
4383  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: February 06, 2014, 02:28:42 PM
Hi sorry to be clear I cannot log on, both sites https://www.dgex.com and https://www.bter.com are not loading for me , coming up with connection to server interrupted... wondering if it is just me, or a wider problem.

thanks.
4384  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: February 06, 2014, 02:13:33 PM
Hi - Is it just me or can anyone else get on Bter or Dgex?

thnx
4385  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 06, 2014, 12:18:19 PM
I don't see a reason why trading would suddenly move back to btcchina if all the of the volume is already at Huobi - what would cause that mass movement to happen? Huobi even has 0% fees. Yes btcchina has the maker taker program but 0 fees is better and maker taker and is a pain in the ass to use unless you're using a bot to beat all the other bots using it. BtcChina also has negative stigma now about being unreliable and having an owner going back and forth with wanton wonton decisions.

FTFY : )
4386  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 06, 2014, 11:02:10 AM
Bitstamp

Upside breakout scenario.

Bitstamp

Starting point was $820/5 February 01, 2014 at around 02:55:31 PM

I have laid out my upside possible resistance/pivots/supports from my original post for easier viewing.

If we break out from now or over the next few weeks or at least the next month
then from   $820-$825   I see the following possible resistance/pivots/supports.
 
$840-$858
$858-$880
$880-900 ($900 psychological for USD)
$900-$910/5 (could be a psychological resistance level as also $908/10 = CNY5500)
$910-$928
$928-$945
$945-$970
$991 - (could be a psychological resistance level as also $990/1 ish = CNY6000)
$Onwards past $1000 and retacements end at $1176 not really looked
$Cape Canaveral

Downside scenario from this current $820 - $825 channel I can see the possible supports/pivots/resistance

$825 (this price could also be a psychological support because $825= CNY4999.99)
$817 - We dipped down to here for quite some time a good few hours February 01, 2014, 09:32:01 PM now hovering on or around $817 within plus or minus $2ish- or CNY 50 short of CNY5000 $817 first acting as support then switching to resistance - within $2-3 but $817 is quite a specific number we have been pivoting on off for quite a few hours… not $833 or $823 or  $807 - but quite strongly pivoting around $817 (+- $2-3ish) ….quite interesting to see what happens…. next….,  if there is consolidation at this level then there should be a movement one way or other…  
$800 psychological
$800 - $775 ish
$775- $757 ish
$757- $749 ($740 = CNY4500)
$725? (edit)
$710/11 (edit added 03/02/2014)
$700 psychological
$682 (edit added 03/02/2014)
$642 (edit added 03/02/2014)
$604 (edit added 06/02/2014)
$550 (edit added 06/02/2014)
$519 (edit added 06/02/2014)
ssshhh Smiley
 
Update February 02, 2014, 05:18:05 AM (?)
$817 Still bouncing along this resistance line


Update: February 03, 2014, 13:51
1st RS $825
Pivot   $817
1st SP $800

In past 48 hours we have touched the support at bottom of 1st channel at $800  (actual low in past 48 hours  =$800.05)
Bounced either side of $817 for a fair 24 hours, and before dipping down to test $800 SP)
and on the upside we touched 1st resistance level above pivot at $825
(actual high in past 48hrs = $825.21)

Looks like we may get possible retest of $800 and pos lower soon, though I still think we are going up



Update: February 04, 2014, 11:58:37 PM

nxt $858
nxt $840

1st RS $825
Pivot   $817
1st SP $800
Been trading in-between $817 and $800 , with a tiny flashes a little lower on the test of $800 nothing to write home about, currently testing $800 again
nxt $775 ish
nxt $757 ish



As a side note- things are pretty stable at the present second, barring a catastrophic break of $800 I am wondering if we may trade sideways for a few more days/while longer.  Still waiting for a breakout of this sideways channel but starting to think that if we do not see movement soon, or at the very least in the week after the end of the Chinese hol's then I would not be surprised barring any oh noes newses if we trade sideways in slightly larger channel until mid may ish before pushing up up...


In this ever changing world in which we live in - just a my 2 satoshi worth , live and let live.


Update February 06, 2014, 02:13:45 AM

nxt $825

1st RS $817  (actual high in last 48hrs ish $814 ish)
Pivot- Psych SP/RS level - $800 Psychological support level turned pivot
1st SP  $775 ish (actual low in last 48 hours ish $775 : )

nxt $757 ish

So we spent almost 24 hours bouncing along $800 give or take a few dollars each side for quite some time testing and retesting, before bouncing on its underside for a short while and then came a sell off slightly lower dip down to $784.83  it was not a catastrophic break of $800 this time around at least, and we did not quite sell off all the way down to the next potential support level I indicated of $775 (ish) before bouncing straight back up to $800 level again to bounce along its underside for an hour or so before another sell off selling right down to next support level going down to $775 on the nose before a bounce up to midway point to $800 and back down to $775 again, as I write this we have bounced back up to almost $800 ... $797.5 lets see what is next..if we bounce off $800 and down more or if we can break back up through, $800 is a psyc level, which in this "game scenario" I posit has weight but not as much weight at Fib levels , not unless they intersect.

...at this point I would not be surprised to see a retest of both $813/817 and a retest of $775(ish) in next 48 hours, making $800 the current pivot with $817 1st RS level and $770-$775/8ish being 1 SP level.  Be interesting to see if we do

I still think we are still biding time for upwards push same time frame as before ie within now to end of 1st week after Chinese New year or if not I can imagine slightly wider sideways channel until mid may with some bouncing around… and then up up up.

That being said, as I have been writing this Gox seems to be having a dither… and waking up , so this scenario is barring of course major newses or catastrophes in the market..eitherway
looks like things may stir from this channel a little more... one can hope... this is FUN

Quite interested to note that of points I noted from my starting point $825
$817
$800
$775

Have all had a good visit, and indeed in this instance have made good buy and sell signals to trade from

Mini update February 06, 2014, 10:55:53 AM

$757(ish) been paid a visits too ($752 actual low so far past 24 hrs)

Notes mainly the same as yesterday- nothing changed tbh....will update again in 12-36 hours.

Happy days... so glad I had a sleep... methinks there will be more fun to be had today.

Looks like I may need a new graph soon...


4387  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 06, 2014, 02:55:13 AM
Bitstamp

Upside breakout scenario.

Bitstamp

Starting point was $820/5 February 01, 2014 at around 02:55:31 PM

I have laid out my upside possible resistance/pivots/supports from my original post for easier viewing.

If we break out from now or over the next few weeks or at least the next month
then from   $820-$825   I see the following possible resistance/pivots/supports.
 
$840-$858
$858-$880
$880-900 ($900 psychological for USD)
$900-$910/5 (could be a psychological resistance level as also $908/10 = CNY5500)
$910-$928
$928-$945
$945-$970
$991 - (could be a psychological resistance level as also $990/1 ish = CNY6000)
$Onwards past $1000 and retacements end at $1176 not really looked
$Cape Canaveral

Downside scenario from this current $820 - $825 channel I can see the possible supports/pivots/resistance

$825 (this price could also be a psychological support because $825= CNY4999.99)
$817 - We dipped down to here for quite some time a good few hours February 01, 2014, 09:32:01 PM now hovering on or around $817 within plus or minus $2ish- or CNY 50 short of CNY5000 $817 first acting as support then switching to resistance - within $2-3 but $817 is quite a specific number we have been pivoting on off for quite a few hours… not $833 or $823 or  $807 - but quite strongly pivoting around $817 (+- $2-3ish) ….quite interesting to see what happens…. next….,  if there is consolidation at this level then there should be a movement one way or other…  
$800 psychological
$800 - $775 ish
$775- $757 ish
$757- $749 ($740 = CNY4500)
$725? (edit)
$710/11 (edit added 03/02/2014)
$700 psychological
$682 (edit added 03/02/2014)
$642 (edit added 03/02/2014)
$604 (edit added 06/02/2014)
$550 (edit added 06/02/2014)
$519 (edit added 06/02/2014)
ssshhh Smiley
 
Update February 02, 2014, 05:18:05 AM (?)
$817 Still bouncing along this resistance line


Update: February 03, 2014, 13:51
1st RS $825
Pivot   $817
1st SP $800

In past 48 hours we have touched the support at bottom of 1st channel at $800  (actual low in past 48 hours  =$800.05)
Bounced either side of $817 for a fair 24 hours, and before dipping down to test $800 SP)
and on the upside we touched 1st resistance level above pivot at $825
(actual high in past 48hrs = $825.21)

Looks like we may get possible retest of $800 and pos lower soon, though I still think we are going up



Update: February 04, 2014, 11:58:37 PM

nxt $858
nxt $840

1st RS $825
Pivot   $817
1st SP $800
Been trading in-between $817 and $800 , with a tiny flashes a little lower on the test of $800 nothing to write home about, currently testing $800 again
nxt $775 ish
nxt $757 ish


As a side note- things are pretty stable at the present second, barring a catastrophic break of $800 I am wondering if we may trade sideways for a few more days/while longer.  Still waiting for a breakout of this sideways channel but starting to think that if we do not see movement soon, or at the very least in the week after the end of the Chinese hol's then I would not be surprised barring any oh noes newses if we trade sideways in slightly larger channel until mid may ish before pushing up up...


In this ever changing world in which we live in - just a my 2 satoshi worth , live and let live.


Update February 06, 2014, 02:13:45 AM

nxt $825

1st RS $817  (actual high in last 48hrs ish $814 ish)
Pivot- Psych SP/RS level - $800 Psychological support level turned pivot
1st SP  $775 ish (actual low in last 48 hours ish $775 : )

nxt $757 ish

So we spent almost 24 hours bouncing along $800 give or take a few dollars each side for quite some time testing and retesting, before bouncing on its underside for a short while and then came a sell off slightly lower dip down to $784.83  it was not a catastrophic break of $800 this time around at least, and we did not quite sell off all the way down to the next potential support level I indicated of $775 (ish) before bouncing straight back up to $800 level again to bounce along its underside for an hour or so before another sell off selling right down to next support level going down to $775 on the nose before a bounce up to midway point to $800 and back down to $775 again, as I write this we have bounced back up to almost $800 ... $797.5 lets see what is next..if we bounce off $800 and down more or if we can break back up through, $800 is a psyc level, which in this "game scenario" I posit has weight but not as much weight at Fib levels , not unless they intersect.

...at this point I would not be surprised to see a retest of both $813/817 and a retest of $775(ish) in next 48 hours, making $800 the current pivot with $817 1st RS level and $770-$775/8ish being 1 SP level.  Be interesting to see if we do

I still think we are still biding time for upwards push same time frame as before ie within now to end of 1st week after Chinese New year or if not I can imagine slightly wider sideways channel until mid may with some bouncing around… and then up up up.

That being said, as I have been writing this Gox seems to be having a dither… and waking up , so this scenario is barring of course major newses or catastrophes in the market..eitherway
looks like things may stir from this channel a little more... one can hope... this is FUN

Quite interested to note that of points I noted from my starting point $825
$817
$800
$775

Have all had a good visit, and indeed in this instance have made good buy and sell signals to trade from

Interesting to see if anymore levels do get hit in the same way... to be honest I am more interested in the upside levels tbh, but this kind of slow trading is perfect for this chart TA stuff.. as the newses and fundamentals blow it all outta of the water anyway... got to wonder at this point about some of the algos running on the trading bots , and if they also plotted the main FIB retracement levels of the last big moves ,   along with a few other little tricks.. as so far anyway the hits have been quite good...for Bitcoin, pretty good I would say..  still nothing amazing I know, but interesting.

 I have just started another chart study and this time I have added fibonacci time extensions and fibonacci fans, which have highlighted some very interesting things... namely several reversal points.. which is interesting because you can project fib fans and time extensions along with the levels into the future... will give that a better look if a few more levels from my Feb 1st scenario get hit...

Hey ho... it means nothing..


MTGox =

 


Keep your eyes peeled for me because I gotz to go to bedz and sleepppzzzzBTCBTC try not let MtCox piss on the floor


ps added more of some of the downside levels, as I was lazy before...not particularly as I think we will see them, but ye never know...  no more to add upwards as obv only retracing from last ATH's

4388  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 06, 2014, 01:18:55 AM

Hey fuck Apple
4389  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 06, 2014, 01:15:43 AM


+1



4390  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 06, 2014, 12:04:39 AM
4391  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 05, 2014, 11:49:36 PM
1h charts confirm bitcoin has jumped off a cliff. The btc withdrawal issues on gox will propel us further than most anticipate.


Are you thinking something like this ?



Polar bears need to chill out
4392  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 05, 2014, 11:41:11 PM
Sheldon says

hang on hang on... did he say bottom?

I don't like bottoms...  
4393  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 05, 2014, 11:36:52 PM
Personally went all fiat 3 hours ago, have been seeing the warning signs for awhile now, I personally have traded btc for 2 years+ plus NY stock for a few, I can see the signs clearly, this price has been held by a huge team of manipulators for long time, this is going to be a slow down trend. Untill bottom is reached


yawn.



4394  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 05, 2014, 10:28:20 PM
Hungry bears are not attractive dinner guests



4395  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 05, 2014, 06:18:04 PM

ha ha oh dear whoever made this... has too much time on their hands
4396  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 05, 2014, 06:09:34 PM
 Roll Eyes


Hey PAUL!

4397  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 05, 2014, 02:09:02 PM
Whilst bigger exchanges in NY and the like would be good for Bitcoin, it will also open the door on a bigger scale to this...

Attack of the HFT bots (2011 eeek!)
http://www.youtube.com/watch?v=pUFM1kRdHKI

I would forward to half way through!!


edit - why can I not embedd this bloody youtube vid? have I gone mad(der)?
4398  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 05, 2014, 12:42:51 AM
Bad scenario is if Stamp buys out Gox, bringing back the single point of failure risk. Circle.com has some heavy hitters behind it. I'd like to see a buy out that puts a big exchange in NYC just in time for the next round of counterfeiting by the Fed.

+1
4399  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 05, 2014, 12:09:20 AM
4400  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 04, 2014, 11:58:37 PM
Bitstamp

Upside breakout scenario.

Bitstamp

Starting point was $820/5 February 01, 2014 at around 02:55:31 PM

I have laid out my upside possible resistance/pivots/supports from my original post for easier viewing.

If we break out from now or over the next few weeks or at least the next month
then from   $820-$825   I see the following possible resistance/pivots/supports.
 
$840-$858
$858-$880
$880-900 ($900 psychological for USD)
$900-$910/5 (could be a psychological resistance level as also $908/10 = CNY5500)
$910-$928
$928-$945
$945-$970
$991 - (could be a psychological resistance level as also $990/1 ish = CNY6000)
$Cape Canaveral

Downside scenario from this current $820 - $825 channel I can see the possible supports/pivots/resistance

$825 (this price could also be a psychological support because $825= CNY4999.99)
$817 - We dipped down to here for quite some time a good few hours February 01, 2014, 09:32:01 PM now hovering on or around $817 within plus or minus $2ish- or CNY 50 short of CNY5000 $817 first acting as support then switching to resistance - within $2-3 but $817 is quite a specific number we have been pivoting on off for quite a few hours… not $833 or $823 or  $807 - but quite strongly pivoting around $817 (+- $2-3ish) ….quite interesting to see what happens…. next….,  if there is consolidation at this level then there should be a movement one way or other…  
$800 psychological
$800 - $775 ish
$775- $757 ish
$757- $749 ($740 = CNY4500)
$725? (edit)
$710/11 (edit added 03/02/2013)
$700 psychological
$682 (edit added 03/02/2013)
$642 (edit added 03/02/2013)

Update February 02, 2014, 05:18:05 AM (?)
$817 Still bouncing along this resistance line


Update: February 03, 2014, 13:51
1st RS $825
Pivot   $817
1st SP $800

In past 48 hours we have touched the support at bottom of 1st channel at $800  (actual low in past 48 hours  =$800.05)
Bounced eitherside of $817 for a fair 24 hours, and before dipping down to test $800 SP)
and on the upside we touched 1st resistance level above pivot at $825
(actual high in past 48hrs = $825.21)

Looks like we may get possible retest of $800 and pos lower soon, though I still think we are going up



Update: February 04, 2014, 11:58:37 PM

nxt $858
nxt $840

1st RS $825
Pivot   $817
1st SP $800
Been trading inbetween $817 and $800 , with a tiny flashes a little lower on the test of $800 nothing to write home about, currently testing $800 again
nxt $775 ish
nxt $757 ish


As a side note- things are pretty stable at the present second, barring a catastrophic break of $800 I am wondering if we may trade sideways for a few more days/while longer.  Still waiting for a breakout of this sideways channel but starting to think that if we do not see movement soon, or at the very least in the week after the end of the Chinese hol's then I would not be surprised barring any oh noes newses if we trade sideways in slightly larger channel until mid may ish before pushing up up...


In this ever changing world in which we live in - just a my 2 satoshi worth , live and let live.




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