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

[akujin]

Jason looks happy  

[fonzie]

Thanks shroomskit for luring all of these young bitcoiners into the bull trap!
My employer is very pleased with your work and would like to offer you a permanent position. PM me

[bangersdad]

Thanks shroomskit for luring all of these young bitcoiners into the bull trap!
My employer is very pleased with your work and would like to offer you a permanent position. PM me

shroomskit would not want to work for McDonalds though fonzie.

[hd060053]

its going to 580-600 now for sure.

nothing can stop that one dumper on stamp.

One dumper? These are 100's of idiots in total panic who are selling. What exchange are you looking at?

looking at stamp. obviously one entitiy who sells below market price ( all other exchanges ) for days/ last week.

normal rational trader wont sell below market price.

there is still no valid explanation why theree is such a gap.

[magicmexican]

Expecting prices to touch 520-560 unless some unexpected mini-rally happens

What are you smoking?

Just watching 1d graph + macD, 520-560 are 50% and 61% fibo levels, its most probable bottom in this situation.

The most bullish scenario is bouncing of 600, but thats very optimistic.

[wachtwoord]

Expecting prices to touch 520-560 unless some unexpected mini-rally happens

What are you smoking?

Just watching 1d graph + macD, 520-560 are 50% and 61% fibo levels, its most probable bottom in this situation.

The most bullish scenario is bouncing of 600, but thats very optimistic.

Bouncing of 613? 

[Cassius]

Expecting prices to touch 520-560 unless some unexpected mini-rally happens

What are you smoking?

Just watching 1d graph + macD, 520-560 are 50% and 61% fibo levels, its most probable bottom in this situation.

The most bullish scenario is bouncing of 600, but thats very optimistic.

I wondered about a 540 retest a while back, but assumed we were past that now. As I recall, 620 was also pretty critical on the way down and appears to be sticky now too.

[samsonn25]

EMA moving up to 573

[magicmexican]

Well 3d-1d-12h macd is in the dump ladder pattern with no signs of reversal yet, so i dont think 600 will hold.

Thats very unfortunate because i wanted the price to touch 700$ to draw a new dinosaur graph, meh

[samsonn25]

its going to 580-600 now for sure.

nothing can stop that one dumper on stamp.

One dumper? These are 100's of idiots in total panic who are selling. What exchange are you looking at?

looking at stamp. obviously one entitiy who sells below market price ( all other exchanges ) for days/ last week.

normal rational trader wont sell below market price.

there is still no valid explanation why theree is such a gap.

I think one reason Stamp is a very important exchange is not the volume they do, but probably because the exchange is easier to change btc to Fiat. Other exchanges may have similar or higher pricing depending on the supply and demand, but like Mt Gox awhile back who consistently was 20-30% higher than other exchanges in their case because of problems putting money in and taking it out.

[oda.krell]

Expecting prices to touch 520-560 unless some unexpected mini-rally happens

Why? 

Simple, what goes up must come down.

Digital information is not subject to gravity.

Human emotion is, however. Metaphorically speaking. And that's what (to a certain degree) determines price.

[oda.krell]

Shock.

Gasp.

Re-test after rally!

$600 in sight

Agreed. $600 within reach (<12h).

Then: rally time to 650, maybe higher, touching 700?

Then then: falling back below 640, and eventually re-testing 530.


So say we all? So say we all! :D

I wont lie, I've been remembering this prophecy every now since you said it and if it completes will be one of the best I've seen in a while. Well better than yeah at some point we're going down a bit  ;D

Hehe, wouldn't call it prophecy. Common sense, plus fib levels and BB :D

Plus, I'm not committed to touching $530. That'd just be the 2nd worst case I can see happening.

[ChartBuddy]

Explanation

[boumalo]

Shock.

Gasp.

Re-test after rally!

$600 in sight

Agreed. $600 within reach (<12h).

Then: rally time to 650, maybe higher, touching 700?

Then then: falling back below 640, and eventually re-testing 530.


So say we all? So say we all!

I wont lie, I've been remembering this prophecy every now since you said it and if it completes will be one of the best I've seen in a while. Well better than yeah at some point we're going down a bit  

Hehe, wouldn't call it prophecy. Common sense, plus fib levels and BB

Plus, I'm not committed to touching $530. That'd just be the 2nd worst case I can see happening.

We are heading lower at the moment but it may be a bear trap

740$ next?

[fonzie]

Did Huobi add LTC, again, (2hours ago) lolololol.




2014 will be a terrible year for all those who thought that LTC would have a repetition of it´s last years rise(LTC/BTC).
LTC will fall when BTC rises and fall even more when BTC drops. Win-Win

[samsonn25]

The LTC/BTC connection has been steadily declining from  .035 to .03 to .025 to about .017 now.

[GreekGeek]

Has anyone seen this

http://www.bbc.com/news/technology-27810008

[aminorex]

The LTC/BTC connection has been steadily declining from  .035 to .03 to .025 to about .017 now.

because ltc is so done you can stick a fork in it and it won't fall over

[fonzie]

Has anyone seen this

http://www.bbc.com/news/technology-27810008

Good news have little to no effect in a bear market. We never really reversed it was just an extended bull trap to 680$.  I´m sorry but someone has to be the bearer of bad news 

[aminorex]

monkey thinks 614 was an intraday bottom and wants a few hours of upside