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Question: Sept. 21 Closing Price:
$0 - 3 (2.9%)
<$8,000 - 5 (4.9%)
$8,000-$8,500 - 1 (1%)
$8,500-$9,000 - 2 (1.9%)
$9,000-$9,500 - 5 (4.9%)
$9,500-$10,000 - 6 (5.8%)
$10,000-$10,500 - 22 (21.4%)
$10,500-$11,000 - 20 (19.4%)
$11,000-$11,500 - 19 (18.4%)
$11,500-$12,000 - 6 (5.8%)
>$12,000 - 8 (7.8%)
>$20,000 - 6 (5.8%)
Total Voters: 103

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21374278 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. (106 posts by 21 users deleted.)
gizmoh
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June 04, 2013, 12:48:15 PM
 #13101

What if their Japanese bank decides to discontinue business them due to US pressure Huh

No more bank wire from big boys to absorb new coins..


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IG0BR0KE
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June 04, 2013, 12:48:23 PM
 #13102

I drew a nice line, not sure if anyone posted something similar yet in here. Smiley

http://s21.postimg.org/jzi4pmodx/support.jpg

can't see it.. am i the only one?
TheKoziTwo
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June 04, 2013, 12:48:47 PM
 #13103

Technocash may be in trouble and scared after the LR case, they are known to serve payment processors such as solidtrust pay, which are heavily used for ponzi schemes and other illegal activities. "Profitable Sunrise" funds apparently went through their systems.

.... and now the price is falling...
Miz4r
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June 04, 2013, 12:50:19 PM
 #13104

Let's see if the support line holds at around $117. I think it will but the market doesn't care about what I think. Tongue
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June 04, 2013, 12:51:59 PM
Last edit: June 04, 2013, 01:15:02 PM by rezurect
 #13105


Touches 119. Not much resistance to 120+
Floating Walls. Test of 120
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June 04, 2013, 12:53:07 PM
 #13106

I drew a nice line, not sure if anyone posted something similar yet in here. Smiley



can't see it.. am i the only one?

Can you see this?

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June 04, 2013, 12:54:49 PM
 #13107

No i can't.. dunno why  Sad

you drew the support from may 7th to may 15th ?
Miz4r
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June 04, 2013, 12:55:30 PM
 #13108

Let me try again, I'm quite noobish at this. Tongue

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June 04, 2013, 12:57:56 PM
 #13109

yep i can see it now  Smiley.

yea we got an important support around 117

an other thing is not closing the day under the EMA (50) timeline D1, it could be a rly rly bad signal for tomorrow
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June 04, 2013, 12:58:29 PM
 #13110

Let me try again, I'm quite noobish at this. Tongue



Trendlines tend to be broken on the fourth touch.
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June 04, 2013, 01:00:41 PM
 #13111

not if you brake the flag..

but here something more important imo

http://img4.hostingpics.net/pics/548902Capturedu20130604092823.png

if we broke the resistance im rly bull until then i've still some real doubts

posted it this morning
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June 04, 2013, 01:01:12 PM
 #13112

Not a good day.

http://s10.postimg.org/sv8zdqvzd/today.png
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June 04, 2013, 01:02:29 PM
 #13113

crumbcake
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June 04, 2013, 01:03:25 PM
 #13114

Let me try again, I'm quite noobish at this. Tongue

http://i.imgur.com/tGbUKzf.jpg

Trendlines tend to be broken on the fourth touch.

I've seen trend lines drawn on log scales, this is linear scale.  Which one's right? Cheesy
Miz4r
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June 04, 2013, 01:05:20 PM
 #13115

I've seen trend lines drawn on log scales, this is linear scale.  Which one's right? Cheesy

At this scale it doesn't really matter I think.
niothor
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June 04, 2013, 01:07:13 PM
 #13116

All the former bulls who turned bears yesterday reverted back to bulls now and shout cho cho....
Expect a price drop Smiley
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June 04, 2013, 01:12:57 PM
 #13117

What's happening is all these companies are realizing it's dangerous to do business with bitcoin exchanges or any online payment system. Technocash probably looked at the Dwolla seizure, Liberty Reserve, Perfect Money's recent actions - and was like FUCK THAT. We ain't gettin our hands dirty.

So we are seeing fewer and fewer funding and withdrawal methods. According to the logic of some, price should have tanked already, each time news like that came out and the effect hit.  Roll Eyes
Wouldn't a series of such stories potentially have a cumulative effect?  What if a major bank decided to refuse MtGox transactions too?

Tin foil hat and cheap coin collection tin on standby...

From some comments on the MtGox facebook wall

http://www.smh.com.au/business/austrac-eyes-6b-money-laundering-case-20130529-2nbfl.html

Maybe MtGox are being proactive and don't want to associate themselves with a business linked to LR?

Technocash were not good value anyway, 4% fee. Wire transfers are a fixed fee and arrive in the same time.
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June 04, 2013, 01:15:09 PM
 #13118

I've seen trend lines drawn on log scales, this is linear scale.  Which one's right? Cheesy

At this scale it doesn't really matter I think.

Not sure if i was totally clear:  If Y is a log instead of linear scale, the second "dip" will be above the line, so no longer a part of it.  If you mean the slope's too insignificant to make a difference, just change the time scale.
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June 04, 2013, 01:17:43 PM
 #13119

EMAs crossing

My Inference: Downward trend could continue.
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June 04, 2013, 01:18:37 PM
 #13120

I've seen trend lines drawn on log scales, this is linear scale.  Which one's right? Cheesy

At this scale it doesn't really matter I think.

Not sure if i was totally clear:  If Y is a log instead of linear scale, the second "dip" will be above the line, so no longer a part of it.  If you mean the slope's too insignificant to make a difference, just change the time scale.

educated guess: depends on whether the trend is exponential or not.
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