Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[TERA]

^ This chart looks asymmetrical to me. I think the longer crash should warrant a longer recovery.

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[nanobrain]

Adam,
After June 1 can we have a new poll -- I'd be interested to see how many here are just hodling and how many are trading.

[JayJuanGee]

Prediction for the next few hours:

The wall at 600 will be partly pulled, then we will see a rush to 620, then slow walk to 635, from there a crash down to 600 before the prices stabilizes around 610 again.

Quote me if I am right.

This sounds like a very good prediction... yet, I am NOT sure why it matters whether you are right or NOT, or why you think that it is important to get credit... so what if you happen to get it right.. doesn't really matter that much... ... but anyhow, it sounds like a good prediction.

[YipYip]

So the media starts the oops we got it wrong

http://www.news.com.au/finance/business/bitcoins-value-has-increased-30-per-cent-in-two-weeks/story-fn5lic6c-1226937390891

[GreekGeek]

We are at optimism

I think we are at hope, the correction right next to the word "hope" will come in August and then CCMF

[ChrisML]

So the media starts the oops we got it wrong

http://www.news.com.au/finance/business/bitcoins-value-has-increased-30-per-cent-in-two-weeks/story-fn5lic6c-1226937390891

WOW. SHOCKER. 

[dnaleor]

So the media starts the oops we got it wrong

http://www.news.com.au/finance/business/bitcoins-value-has-increased-30-per-cent-in-two-weeks/story-fn5lic6c-1226937390891

WOW. SHOCKER. 

indeed a shocker. Normally the mainstream media just ignores the fact that they were wrong about bitcoin being dead

[zimmah]

We are at optimism

......

I think we are at hope, the correction right next to the word "hope" will come in August and then CCMF

I don't think we'll have to wait that long, the rally should start right about this time, and judging by the $200 increase in the past 3 weeks i'd say we're right on track.

Most charts confirm that a rally should start around this time, and the 1w MACD on bitstamp shows we'll be in the green starting from either this week or the next. And a green MACD on the 1w chart usually means a huge rally. Also, the volume exceeds the first couple of weeks of the previous rally, and has been going up the past 3 weeks on the 1w chart as well. If this continues and keeps ahead of the previous rally each week, we'll see some pretty nice figures halfway through June.

[shmadz]

Hey, guys? I just ate an entire can of tuna that turned out to be well past its sell-by date... and I think I suddenly saw the future!

Here, I made a drawing for you... I like to call it "the mother of all double tops".

Bwahahahahahahaha

tea leaves analyst reveals a cup and handle

Hoohohohohohohoho

Ya couple of phucking phannies.


And now on to more pressing business.

1500BTC wall on Stamp at $615!

• Erected to be devoured by the same hand(s) that put it their?
• Erected to be taken away in a few hours and/or as soon as buying pressure starts to eat into it?
• Genuine large chunk of selling pressure just aching to offload 1500 BTC right at the point where a bullish ascending triangle formation would be formed on 15 minute chart?

If I sound a little 'paranoid' or suspicious, it was the existence of a 2000 BTC wall on Stamp at $530, which encouraged me to leave my $460 long position at $520. That wall, was simply 'taken away'.

wow Mat, very sad for you, but I think you're still doing it wrong.

460 long would have been an incredible (possibly life-changing) bet.

hopefully you still have at least some bitcoin left.

[ChartBuddy]

Explanation

[ChrisML]

Just a tiny dip before we go through that $630.

[adamstgBit]

[shmadz]

OK, this sucks, I can't even catch up to the whole thread, but I gotta go.

I just want to imbed this last thing into the wallchain before I go.

anyone who is still long in fiat needs to give their heads a shake.


fiat money steals from the children (both born and growing as well as the ones still on the way)

children are not stupid, they actually learn very quickly.

as long as we can keep information free on the internet, and provide low or no cost internet for everyone - including children - then the current system is doomed.

[watcoin]

OK, this sucks, I can't even catch up to the whole thread, but I gotta go.

I just want to imbed this last thing into the wallchain before I go.

anyone who is still long in fiat needs to give their heads a shake.


fiat money steals from the children (both born and growing as well as the ones still on the way)

children are not stupid, they actually learn very quickly.

as long as we can keep information free on the internet, and provide low or no cost internet for everyone - including children - then the current system is doomed.

+1

[ChrisML]

OK, this sucks, I can't even catch up to the whole thread, but I gotta go.

I just want to imbed this last thing into the wallchain before I go.

anyone who is still long in fiat needs to give their heads a shake.


fiat money steals from the children (both born and growing as well as the ones still on the way)

children are not stupid, they actually learn very quickly.

as long as we can keep information free on the internet, and provide low or no cost internet for everyone - including children - then the current system is doomed.

Ehm, k thanks!

[ChartBuddy]

Explanation

[ChrisML]

Choo Choo

[JayJuanGee]

Ignore list rules for wall observer thread. Ignore all accounts created after 01.01.2013., do not ignore chartbuddy and you are safe.

Uhm, I disagree. By those standards you would have to ignore me, and I don't feel I deserve to be ignored, since I am not a troll, I have a great sense of humor, I don't spread fud, and I'm bullish on bitcoin

AND.... from what you are saying, it sounds as if you like yourself, which is a good thing.   

[ChrisML]

$20 dollar gap with BTC-E and Bitstamp.

Common you fools!

[cbeast]