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Question: 1/24 Closing Price:
<$32,000 - 1 (7.7%)
$32,000-$33,000 - 2 (15.4%)
$33,000-$34,000 - 0 (0%)
$34,000-$35,000 - 3 (23.1%)
$35,000-$36,000 - 1 (7.7%)
$36,000-$37,000 - 1 (7.7%)
$37,000-$38,000 - 1 (7.7%)
$38,000-$39,000 - 0 (0%)
$39,000-$40,000 - 0 (0%)
$40,000-$41,000 - 1 (7.7%)
$41,000-$42,000 - 0 (0%)
>$42,000 - 3 (23.1%)
Total Voters: 13

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25067398 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. (157 posts by 13 users deleted.)
studio1one
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May 23, 2014, 09:41:28 AM

Am I paranoid or are we starting to form a rising wedge?

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podyx
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May 23, 2014, 09:43:03 AM

Am I paranoid or are we starting to form a rising wedge?



Why would that be paranoid?
dreamspark
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May 23, 2014, 09:44:10 AM

Am I paranoid or are we starting to form a rising wedge?



I think your being a little paranoid but its good to keep an eye on it.

I fully expect to see some gains when peoples fiat arrives for the day. If we can hold this throught the weekend monday could be fireworks.
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May 23, 2014, 09:46:53 AM



Why would that be paranoid?

Because, usually a rising wedge is a bearish signal, whereas a falling wedge is taken as a bullish signal.

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May 23, 2014, 09:47:48 AM

10 am EST i predict the $550.. let's see.

EDIT: $560
podyx
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May 23, 2014, 09:52:17 AM



Why would that be paranoid?

Because, usually a rising wedge is a bearish signal, whereas a falling wedge is taken as a bullish signal.



Ah ok, thanks
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May 23, 2014, 09:59:24 AM

Meanwhile.. i think there is a cup and handle forming.. Meaning a rise to  ~$540 ... then slight fall back to around $535 or so.. before going up to about $555-$560 by around 10 am EST.

If you've notice i have a lot of ~ and made liberal use of the word 'around' that's because i'm only speculating.
Let's see how it plays out though.
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1PwXK9TpmmaaqaZz2eqcLkPU2C1Fcva39G


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May 23, 2014, 10:00:41 AM


Explanation
studio1one
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May 23, 2014, 10:04:04 AM

Meanwhile.. i think there is a cup and handle forming.. Meaning a rise to  ~$540 ... then slight fall back to around $535 or so.. before going up to about $555-$560 by around 10 am EST.

If you've notice i have a lot of ~ and made liberal use of the word 'around' that's because i'm only speculating.
Let's see how it plays out though.


https://bitcointalk.org/index.php?topic=178336.msg6889281#msg6889281


ahthangyou
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May 23, 2014, 10:08:00 AM

Meanwhile.. i think there is a cup and handle forming.. Meaning a rise to  ~$540 ... then slight fall back to around $535 or so.. before going up to about $555-$560 by around 10 am EST.

If you've notice i have a lot of ~ and made liberal use of the word 'around' that's because i'm only speculating.
Let's see how it plays out though.


https://bitcointalk.org/index.php?topic=178336.msg6889281#msg6889281


ahthangyou

I did read this today.. but I also saw it for myself. I saw one yesterday which behaved more or less as i expected it to, except it OVERSHOT my price prediction.. I thought ~536 - but it went as far as 541. This is why i thought i'd make a fun prediction today, see what happens. I'm not saying I'll be right, it's just for my own fun.
dreamspark
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May 23, 2014, 10:13:31 AM

Meanwhile.. i think there is a cup and handle forming.. Meaning a rise to  ~$540 ... then slight fall back to around $535 or so.. before going up to about $555-$560 by around 10 am EST.

If you've notice i have a lot of ~ and made liberal use of the word 'around' that's because i'm only speculating.
Let's see how it plays out though.


https://bitcointalk.org/index.php?topic=178336.msg6889281#msg6889281


ahthangyou

It is a nice pattern forming, I would have thought though you would see a drop of more than $5 to complete a real handle. If the pattern does complete I'd expect a drop closer to the $505 area personally.
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May 23, 2014, 10:19:59 AM

Meanwhile.. i think there is a cup and handle forming.. Meaning a rise to  ~$540 ... then slight fall back to around $535 or so.. before going up to about $555-$560 by around 10 am EST.

If you've notice i have a lot of ~ and made liberal use of the word 'around' that's because i'm only speculating.
Let's see how it plays out though.


https://bitcointalk.org/index.php?topic=178336.msg6889281#msg6889281


ahthangyou

It is a nice pattern forming, I would have thought though you would see a drop of more than $5 to complete a real handle. If the pattern does complete I'd expect a drop closer to the $505 area personally.

You're right.. it should drop more, i expect around $10 dollars in this case.. but not so much as $35 drop.
I'm basing this of my observation of yesterdays pattern. Which of course doesn't mean today's will be the same.. this cup has deeper 'sides'.. so.
Hunyadi
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May 23, 2014, 10:25:28 AM

For facebook:

Roger Ver
30 minutes ago near Swiss Cottage Estate, Singapore
I need to contact Patrick Khajehtoorian right now!!! If anyone has his contact info or know where he lives. Please wake him up right now!!!!! Please have him call me ASAP!!! He has my number
Like ·  · Share
Kiyokazu Yamamoto likes this.

Eddie Darosa At 3am? You alright?
28 minutes ago · Like · 1

Rob Rash Probably some btc news. Sure he's fine
16 minutes ago · Like

Roger Ver I'm not fine! 10 point emergency!
16 minutes ago · Like

Roger Ver All my stuff is getting hacked! I need Patrick ASAP!
16 minutes ago · Like
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May 23, 2014, 10:27:25 AM

http://4.bp.blogspot.com/-dSA02oDqhPo/TtFfWy3F9nI/AAAAAAAAKCA/gw3dYdziBI8/s1600/324757_227912600611480_123621931040548_553443_336373051_o.jpg
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May 23, 2014, 10:28:10 AM

I am still holding my ripples, i think huge pump is just around the corner..
dreamspark
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May 23, 2014, 10:28:32 AM



You're right.. it should drop more, i expect around $10 dollars in this case.. but not so much as $35 drop.
I'm basing this of my observation of yesterdays pattern. Which of course doesn't mean today's will be the same.. this cup has deeper 'sides'.. so.

Yeah I agree $35 may be a bit much, will be a text book example if it completes nicely though. I can see us powering straight throught the target anyway tbh, always good to spot patterns and make predictions but Im not going to break my rule of not shorting into rallies it hurts too bad when you get it wrong and requires too much emotional stress if it runs away from you. After the stresses of the last few months its  nice to just watch the rollercoaster for a bit!
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May 23, 2014, 10:34:52 AM

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Roger Ver
30 minutes ago near Swiss Cottage Estate, Singapore
I need to contact Patrick Khajehtoorian right now!!! If anyone has his contact info or know where he lives. Please wake him up right now!!!!! Please have him call me ASAP!!! He has my number
Like ·  · Share
Kiyokazu Yamamoto likes this.

Eddie Darosa At 3am? You alright?
28 minutes ago · Like · 1

Rob Rash Probably some btc news. Sure he's fine
16 minutes ago · Like

Roger Ver I'm not fine! 10 point emergency!
16 minutes ago · Like

Roger Ver All my stuff is getting hacked! I need Patrick ASAP!
16 minutes ago · Like

Wow, if FB is the best way to get a hold of someone you need in that situation you know you're fucked.
kurious
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May 23, 2014, 10:38:16 AM

Darkcoin (DRK) up 30%. It's officially higher than LTC now, and will probably remain so. X11 is simply better than Scrypt

You should start selling those pretty soon.

I don't own any unfortunately. In fact, I've never owned any, period. I'll never buy an instamined scam-coin, but IMO most people will endorse it as the next "LTC" for the X11 algo

Even LTC looks useless to me right now. BTC is the only way to go.

Hmmm... You may have a point.

I'm not sure LTC will follow up as much this time, it's not always going to be Batman and Robin.

I have hunch a lot of funds going into DRK / MRO has been by cashing LTC rather than BTC, I say this as it is effectively what I did.

IMO LTC can't hang onto being No. 2 forever, people are looking beyond scrypt and there are options out there.  

Too many coins for LTC to fight against with just market cap and speed to offer.  Darwinian stuff.

EDIT: sense!
dreamspark
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May 23, 2014, 10:38:43 AM

For facebook:

Roger Ver
30 minutes ago near Swiss Cottage Estate, Singapore
I need to contact Patrick Khajehtoorian right now!!! If anyone has his contact info or know where he lives. Please wake him up right now!!!!! Please have him call me ASAP!!! He has my number
Like ·  · Share
Kiyokazu Yamamoto likes this.

Eddie Darosa At 3am? You alright?
28 minutes ago · Like · 1

Rob Rash Probably some btc news. Sure he's fine
16 minutes ago · Like

Roger Ver I'm not fine! 10 point emergency!
16 minutes ago · Like

Roger Ver All my stuff is getting hacked! I need Patrick ASAP!
16 minutes ago · Like

What! Please don't tell me he's as competent as Mark and has his fortune on localbitcoins or something!  Wink
simmo77
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May 23, 2014, 10:39:44 AM

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Roger Ver
30 minutes ago near Swiss Cottage Estate, Singapore
I need to contact Patrick Khajehtoorian right now!!! If anyone has his contact info or know where he lives. Please wake him up right now!!!!! Please have him call me ASAP!!! He has my number
Like ·  · Share
Kiyokazu Yamamoto likes this.

Eddie Darosa At 3am? You alright?
28 minutes ago · Like · 1

Rob Rash Probably some btc news. Sure he's fine
16 minutes ago · Like

Roger Ver I'm not fine! 10 point emergency!
16 minutes ago · Like

Roger Ver All my stuff is getting hacked! I need Patrick ASAP!
16 minutes ago · Like

Wow, if FB is the best way to get a hold of someone you need in that situation you know you're fucked.

I think in an emergency you try the best way first, then every other way in order of best to worst Smiley

He's just offered a nice reward for anyone who can help him identify the source of the hack. Check his twitter.
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