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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21329525 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. (104 posts by 20 users deleted.)
molecular
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April 23, 2013, 08:41:06 PM
 #1041

as you can see from them color full graph, during the climb up, we had 2 stable periods each lasting over 30 hours. these stable periods have very low volume. both these  stable periods were preceded by, a crash and fast rebound.

so what does it all mean?

One can interpret "the big crash" in the same way... just bigger scale (both magnitude and duration).



If we apply the same scale to what happened after the stable low-volume periods (a strong rally) the next leg up will be mindboggling. Maybe $450 or more. However, the stable period would have to draw out for another week or so to match well.
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molecular
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April 23, 2013, 08:47:08 PM
 #1042

wow: 15,000 BTC down to $130, >25,000 BTC down to $122 (where we were 26 or so hours go)
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April 23, 2013, 08:54:11 PM
 #1043

http://i.imgur.com/hJch3wq.png

140 and climbing. We are roughly up 100% since March 22, even with The Crash.
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April 23, 2013, 08:54:23 PM
 #1044

Any idea why Bitcoinity is still showing <140?

139.46 USD / BTC
mtgox    0.01   2 minutes ago    140.67
WTF?
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April 23, 2013, 08:54:55 PM
 #1045

It's exciting, guys.
Everyone wants in.

And there is a limited space.

1000$ by the end of the year, like eating candies?
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April 23, 2013, 09:04:42 PM
 #1046

Any idea why Bitcoinity is still showing <140?

139.46 USD / BTC
mtgox    0.01   2 minutes ago    140.67
WTF?

Sometimes it seems to get "stuck", F5 usually sorts it out.
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April 23, 2013, 09:18:54 PM
 #1047

1000$ by the end of the year, like eating candies?

With pleasure, M. With pleasure.
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April 23, 2013, 09:32:13 PM
 #1048

Going down a bit. Still incredibly low volume.

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April 23, 2013, 09:33:56 PM
 #1049

Bear logic: Quickly sell at 139 b4 it shots over 150
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April 23, 2013, 09:37:17 PM
 #1050

1000$ by the end of the year, like eating candies candles?

I corrected your statement, hope you don't mind
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April 23, 2013, 10:05:27 PM
 #1051

Heading back up.

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April 23, 2013, 10:09:27 PM
 #1052

What if the whole crash was the mid-May'11 phase of the bubble (for those of you who were there back then)?

What if it all ends, not at $266, but at $1000?  Grin
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April 23, 2013, 10:14:41 PM
 #1053

What if the whole crash was the mid-May'11 phase of the bubble (for those of you who were there back then)?

What if it all ends, not at $266, but at $1000?  Grin

I was here for the 2011 bubble, I would enjoy this scenario greatly!  Grin
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April 23, 2013, 10:17:17 PM
 #1054

What if the whole crash was the mid-May'11 phase of the bubble (for those of you who were there back then)?

What if it all ends, not at $266, but at $1000?  Grin

I was here for the 2011 bubble, I would enjoy this scenario greatly!  Grin

Thousands of bitcoiners are going to retire soon!
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April 23, 2013, 10:20:17 PM
 #1055

What if the whole crash was the mid-May'11 phase of the bubble (for those of you who were there back then)?

What if it all ends, not at $266, but at $1000?  Grin

I was here for the 2011 bubble, I would enjoy this scenario greatly!  Grin

Thousands of bitcoiners are going to retire soon!

No! When it reaches 1000$, I'll buy a Bitcoin ATM and spread the joy  Grin
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April 23, 2013, 10:37:01 PM
 #1056

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April 23, 2013, 10:42:11 PM
 #1057

No significant resistance until $150.
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April 23, 2013, 10:42:48 PM
 #1058

Situation looks very similar to April 7th from that graph, volume numbers are also similar. Main difference is though that total bid sum (and ask sum too) is way higher.
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April 23, 2013, 10:47:48 PM
 #1059

No! When it reaches 1000$, I'll buy a Bitcoin ATM and spread the joy  Grin

Great idea!   Grin
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April 23, 2013, 10:48:06 PM
 #1060

Situation looks very similar to April 7th from that graph, volume numbers are also similar. Main difference is though that total bid sum (and ask sum too) is way higher.
Yes really quite remarkable. April 7th set us back almost exactly 2 weeks. We won't be truly out of the woods until the ask sum roughly halves.
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