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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 21374275 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.)
Frozenlock
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June 05, 2013, 06:50:33 PM
 #13441

Are you people seriously trading on these little wiggles?

Nope. Just watching. I find that curiously entertaining.
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June 05, 2013, 06:51:34 PM
 #13442

In other news, markets are down.

http://finance.yahoo.com/

Nikkei down 4%. Man, is that like down over 20% or so in two weeks?

http://www.bloomberg.com/markets/stocks/world-indexes/

Yup. Europeans market have been in the red for quite a few days also... and now the Americans (as in the true definition of the word).

Fun times.
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June 05, 2013, 07:01:09 PM
 #13443

It's rallying down!  Cheesy

Quoted.

Are you people seriously trading on these little wiggles?

Good luck staying on the right side of that.

Someone has to.

It may be thin, but the 120 support is rock solid and we broke the mini-channel upwards.
ShroomsKit
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June 05, 2013, 07:02:23 PM
 #13444

How do we know it was a ddos?
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June 05, 2013, 07:02:29 PM
 #13445

Its About Sharing
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June 05, 2013, 07:26:03 PM
 #13446

In other news, markets are down.

http://finance.yahoo.com/

Nikkei down 4%. Man, is that like down over 20% or so in two weeks?

http://www.bloomberg.com/markets/stocks/world-indexes/

Yup. Europeans market have been in the red for quite a few days also... and now the Americans (as in the true definition of the word).

Fun times.

Thanks, I didn't know about the European info (odd considering I'm in Germany).
I have heard from a few different sources (reliable with other stock market top calls) that the DOW will hit 16000 or so max and then POP goes the weasel. That will also coincide with a fall of the dollar.
Not saying I believe that, but I am watching for that...
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June 05, 2013, 07:27:46 PM
 #13447

In other news, markets are down.

http://finance.yahoo.com/

Nikkei down 4%. Man, is that like down over 20% or so in two weeks?

http://www.bloomberg.com/markets/stocks/world-indexes/

Yup. Europeans market have been in the red for quite a few days also... and now the Americans (as in the true definition of the word).

Fun times.

Thanks, I didn't know about the European info (odd considering I'm in Germany).
I have heard from a few different sources (reliable with other stock market top calls) that the DOW will hit 16000 or so max and then POP goes the weasel. That will also coincide with a fall of the dollar.
Not saying I believe that, but I am watching for that...

Devaluation of the Dollar is actually what drives the market up Smiley
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June 05, 2013, 08:00:57 PM
 #13448

What would be the point of that wall at 124 exactly?
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June 05, 2013, 08:02:15 PM
 #13449

Its About Sharing
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June 05, 2013, 08:03:32 PM
 #13450

In other news, markets are down.

http://finance.yahoo.com/

Nikkei down 4%. Man, is that like down over 20% or so in two weeks?

http://www.bloomberg.com/markets/stocks/world-indexes/

Yup. Europeans market have been in the red for quite a few days also... and now the Americans (as in the true definition of the word).

Fun times.

Thanks, I didn't know about the European info (odd considering I'm in Germany).
I have heard from a few different sources (reliable with other stock market top calls) that the DOW will hit 16000 or so max and then POP goes the weasel. That will also coincide with a fall of the dollar.
Not saying I believe that, but I am watching for that...

Devaluation of the Dollar is actually what drives the market up Smiley

I understand that quite well. I prefer to just call it inflation, soon to be hyperinflation if they keep doing what they are doing. They are printing 85 billion new dollars every month. The banks that receive this are investing some of those $$$ in the stock market. The Fed I believe has as much as said that they are involved in asset (stock market) allocation. People who have money in the bank, hurt by artificially low interest rates are also putting money in the stock market. So, we have a sideways to falling economy, decreasing productivity, very high unemployment rates, people working 2 or more jobs and often being completely overqualified for what they are doing = A rising stock market. I guess most folks believe CNN, FOX, etc.

Anyway, the thing that is keeping things going is that people believe in the money. Money is essentially faith, we are seeing that with BTC. Intriniscally it has value for a few reasons, most notably its cryptographic security imo. Once people stop believing in the dollar, once they can't keep printing dollars to make the stock market go up (e.g. - worsening economy, rates that need to rise) = POP goes the weasel.

My point with the 16,000 level in the DOW was that, that is around when their game ends, regardless of printing more money or not.
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June 05, 2013, 08:09:07 PM
 #13451

Actually you're explaining why the markets go up on speculation. I was talking intrinsically. Owning a business is owning income generation which is automatically hedged for inflation as the prices of produce increase with inflation.
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June 05, 2013, 08:25:06 PM
 #13452

What would be the point of that wall at 124 exactly?

It doesn't make much sense, most of the orders won't get filled unless the wall is broken through, and why would anyone want to sell at the beginning of a breakout?
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June 05, 2013, 08:38:55 PM
 #13453

Actually you're explaining why the markets go up on speculation. I was talking intrinsically. Owning a business is owning income generation which is automatically hedged for inflation as the prices of produce increase with inflation.

Until your customers can't afford your prices because their income has been devalued.
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June 05, 2013, 08:40:55 PM
 #13454

Actually you're explaining why the markets go up on speculation. I was talking intrinsically. Owning a business is owning income generation which is automatically hedged for inflation as the prices of produce increase with inflation.

Until your customers can't afford your prices because their income has been devalued.

I'm not saying any business is a good investment.
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June 05, 2013, 08:51:34 PM
 #13455

What would be the point of that wall at 124 exactly?

It doesn't make much sense, most of the orders won't get filled unless the wall is broken through, and why would anyone want to sell at the beginning of a breakout?

Yup, that's what i was thinking.
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June 05, 2013, 08:55:04 PM
 #13456

And another dump. This is all so pointless Sad
lucas.sev
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June 05, 2013, 08:55:33 PM
 #13457

Away for 30 minutes and this happens  Grin I wish I saw these dumps, how big were the biggest ones?
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June 05, 2013, 08:58:49 PM
 #13458

i love this game Smiley selling  asks to people..   directly putting bids below it..     cash in Smiley   repeat
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June 05, 2013, 09:01:00 PM
 #13459

What would be the point of that wall at 124 exactly?

It doesn't make much sense, most of the orders won't get filled unless the wall is broken through, and why would anyone want to sell at the beginning of a breakout?

Perhaps it's not the beginning of a breakout.....
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June 05, 2013, 09:01:43 PM
 #13460

What would be the point of that wall at 124 exactly?

It doesn't make much sense, most of the orders won't get filled unless the wall is broken through, and why would anyone want to sell at the beginning of a breakout?

Continuation pattern...
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