all August Units unavailable?
I think they're sold, yes. October delivered might be sold soon, too, dunno. unfortunately i don't even see 25GH Miner Starter Kit october delivery, so for small budget ppl is too late shit, i saw couple of days before were still available august items, we weren't told about "hurry up "  This is too bad. The thing about BTC that is iffy is the miners getting in too few hands and as the difficulty increases it takes the small guy out of it for the most part. |
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I don't understand that sell off. I saw the price bottomed at 75 and then immediately went back to 77  IAS, I think it sold well see that the price is at the top for now and he made a dump until it is under price great demand. He needed the advantage of the first signal. If he was waiting for more signals (MACD, EMA), we'd have fallen below the with 3K sell market order.  I have the money flow as being bottomed around 20. ( http://bitcoincharts.com/charts/mtgoxUSD#rg60ztgSzm1g10zm2g25zi1gMACDzi2gSStochzi3gMFIzi4gStochRSIzv)I'm not sure I understand you. Are you saying it was a mis-timed sell? |
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I don't understand that sell off. I saw the price bottomed at 75 and then immediately went back to 77 Of course it did, there's almost no bid volume down to 75.5 right now. Good luck selling anything near current price if you want to dump. I should have looked at the depth. Only 232 to $76. And 743 to $75.50 And 1850 to $75 That filled in awfully quick considering we were just there, no? |
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I don't understand that sell off. I saw the price bottomed at 75 and then immediately went back to 77 |
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These negative divergences against rises in price have been VERY VERY accurate indicators of moves down:
We have the longest one yet. I'd say the price is really wanting to adjust down but those huge buys with walls changed a bit of the natural movement.
Will be interesting to see what happens.
Isn't the reality exactly the opposite of what you say? The price really wants to move up, but there is a huge wall preventing it? Blinkered much? This isn't so much "my" opinion as it is years of TA analysis. A negative divergence of down volume on up price is one of the more reliable divergences in TA (though none are fool proof.) Regarding your question, you are missing the important variable in the formular - Volume. If price wanted to move up it would buy, the coins are there, wall or not. Nothing prevents anyone from buying. Looking at the recent history in the chart (and it's consistency of a down move in price after a negative volume divergence), we should not only correct, but correct hard as this divergence is a bit longer (thus far). The unknown variable, per say, is that we are oversold. RSI is heading higher while the price remains low, one could argue that is a good divergence. (Though not very strong, the price is moving up.) IAS You may not know it, but your (subconscious) biases are showing through in your TA. Why select some volume movements as "flat" (when they are going marginally up), but "down" (when they are going marginally down). See, I can draw lines to illustrate a point too:  Of course, my lines and arrows prove nothing -- other than showing that your lines and arrows prove nothing too. In terms of volume -- in the short term, people are waiting and seeing right now. If the wall at 80 comes down, there will be a bigger buy-in, and the next volume bar will be bigger. The longer it takes, the bigger it will potentially be. Things are a bit confuised right now as the market has been put off by dumpers/manipulators all along. I don't understand your point exactly if you are not pointing out divergences with price direction changes? That is the issue here. The marks you made were typical. Mine were atypical. Clearly we each have a "fingerprint" in our analysis. |
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These negative divergences against rises in price have been VERY VERY accurate indicators of moves down:We have the longest one yet. I'd say the price is really wanting to adjust down but those huge buys with walls changed a bit of the natural movement. Will be interesting to see what happens.  Isn't the reality exactly the opposite of what you say? The price really wants to move up, but there is a huge wall preventing it? Blinkered much? This isn't so much "my" opinion as it is years of TA analysis. A negative divergence of down volume on up price is one of the more reliable divergences in TA (though none are fool proof.) Regarding your question, you are missing the important variable in the formular - Volume. If price wanted to move up it would buy, the coins are there, wall or not. Nothing prevents anyone from buying. Looking at the recent history in the chart (and it's consistency of a down move in price after a negative volume divergence), we should not only correct, but correct hard as this divergence is a bit longer (thus far). The unknown variable, per say, is that we are oversold. RSI is heading higher while the price remains low, one could argue that is a good divergence. (Though not very strong, the price is moving up.) IAS |
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These negative divergences against rises in price have been VERY VERY accurate indicators of moves down:We have the longest one yet. I'd say the price is really wanting to adjust down but those huge buys with walls changed a bit of the natural movement. Will be interesting to see what happens. It looks to me like the day traders are moving the price about in the short term, but the swing traders are sitting on the side lines waiting for a stronger signal. We have the price bobbing about within a short range, complete with some big 'show' orders, but nothing has really moved much for 48 hours or so. What will the stronger signal be? Well, I'm standing by my previous position still - sold at 75 (Bitstamp) and plan to buy back in the 60s (say, 66). I still can't see the enthusiasm for a strong upward move at this time, although some bigger movements will come sooner or later. I pretty much agree with your sentiment regarding the recent price move, in particular the swing traders waiting. I am pretty sure we have been "manipulated" up a bit in the last few days, even with the oversold indicators on high. Those few large buy orders really changed the feeling. I'm thinking a return to the 60's and then a bounce up and then a move to the 50's. Once we are there is anyones guess. |
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Looks to me that the ball was just the right size to get stuck in the 'ball trap' at the bottom. That's some serious shit - no way it could have bounced out of there. We could be here for a very long time unless someone gives it a very big kick.
So we have situation that no more people wants to sell because they are afraid of sudden price rise. At the other hand there are a lot of people who would buy if they could ( argentina for example where price is already 30-40% more than gox). Then where the price could possibly go .... (other than up - if someone didnt understand my sarcasm) Wow, I had to check that and you are not lying! http://forexmagnates.com/bitcoins-soar-in-value-in-argentina-due-to-capital-control-laws-bitcoin-meetup-held-in-nations-capital/Get the feeling things are moving in other parts of the world... |
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These negative divergences against rises in price have been VERY VERY accurate indicators of moves down:We have the longest one yet. I'd say the price is really wanting to adjust down but those huge buys with walls changed a bit of the natural movement. Will be interesting to see what happens. |
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If you are using http://trading.i286.org/# try it with sounds on (the settings is a tiny button at the bottom of the page. It is much better than Moody's but not as flexible. The problem with Moody's is that if things get quiet and you don't hear a sound for a while the low and high tone are pretty close. The low is actually just less high than the high. On http://trading.i286.org/# the low is very low and the high is very high. When lots of sells go through a new alarm goes off. Was cool. Hope Moody updates their sound tones. |
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yes i know that one, but i got disturbed by it some minutes ago during the whale fight. wall was still there on bitcoinity while it had already disappeared on this site...refreshed both sites constantly but even price was different for some time. is http://trading.i286.org/ more accurate and recent with the stats or bitcoinity? edit: there's no way to see price history there right? 2nd edit: nevermind, could barely see it on my screen. I love the site but it has frozen up on me quite a bit, but then again so has moody. |
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is it just me or does it look like small volume buys trying to bring the price back up for dump number 2
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2700 BTC sold! Bam!
On Moody it seemed more like 3500 (or were there smaller sells afterwards?) |
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lmao i was taunting him too by adding and removing 1 btc to the buy wall for a few mins
LOL - small taunt  |
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Just to add a few key transits at this time:
...
Coming up in a little more than a week, Mars transits 12th house and opposes itself, oh my...
how do you interpret this? Mars goes is close enough to the 12th to start watching it on the 18/19th, goes in on 20th and comes out (which is a nice time) on Sept 6th. Summer is not a good time for BTC anyway, astrologically speaking. Listen to the reading for that one. The 12th house is the "spiritual" house, "house of dreams", and that which we can't touch (sort of like our matrix). But, it is also a place of danger and naivety at this material level. For example, think of Mars, women with Mars in the 12th house have a disproportionate number of sexual attacks on them, as their normal Mars protection is not up in a sense. I've seen this in readings actually. The 12th house is sometimes where we are vulnerable, though it depends on the person. With BTC having so much happening in the 12th house right now and with Key planets, I'd be very very careful of going long now. I would further be careful of attacks on BTC in the next So far, the astrology has matched the TA, short to mid term bear, long term BIG BULL. IAS |
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Big news for Germany!Die vielen Monate der Vorbereitung scheinen sich gelohnt zu haben... Denn: wir durften endlich den Vertrag mit unserem Bank-Partner unterschreiben! :-) Voraussichtlich am Mittwoch Nachmittag dürfen wir erzählen wer unser Bankpartner werden wird. Erfreuliche Neuigkeiten: es wird nun wohl doch KEINE Handelspause für unsere ausländischen Kunden geben. Weitere Infos zur Kooperation kommen am Mittwoch im Laufe des Tages! https://www.bitcoin.de/deThey teamed up with a German bank and will announce the name of that bank tomorrow. Contract is signed now. I guess they turn into a full blown exchange soon instead of their current state as "Bitcoin eBay". Great news! Would still be nice if they keep the old option open as it is a nice failsafe should the bank pull out. |
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The problem with buying right now is that wall at $80 was tested and was neither bought through nor was it pulled. Market is too scared of dumps for real upward movement. Plus, if you ship the price back to $90 how are you ever going to trigger fear and capitulation and collection tens and tens of thousands of coins sub $50-40-30?
Agreed and well said. |
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And there goes a sell of around 1500 or so...
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Panic buying start now!  Nope not yet, the big wall just got pulled LOL Yeah, that was a failed manipulation up if there ever was one... Looked damned successful. Within seconds the price went up $2.5. Had he not pulled the walls, we would be higher. Very successful manipulation. The purpose? Who knows. No, I mean buying 2500 bitcoins and then putting a bid wall up and then... crickets. He never bought 2500. You really think all of those small buys were him? There werent even 2.5k of buys. I thought it might have been the same person due to the timing of it. Looked like around 2.5k of buys on Moody, but I was just using the mouse to line up the volume. |
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Panic buying start now! Nope not yet, the big wall just got pulled LOL Yeah, that was a failed manipulation up if there ever was one... Looked damned successful. Within seconds the price went up $2.5. Had he not pulled the walls, we would be higher. Very successful manipulation. The purpose? Who knows. No, I mean buying 2500 bitcoins and then putting a bid wall up and then... crickets. |
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