Bitcoin Forum
September 27, 2020, 02:48:58 PM *
News: Latest Bitcoin Core release: 0.20.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: 9/19 Closing Price:
0 - 1 (1.6%)
<$10,000 - 3 (4.8%)
$10,000-$10,500 - 2 (3.2%)
$10,501-$11,000 - 13 (20.6%)
$11,001-$11,500 - 19 (30.2%)
$11,501-$12,000 - 8 (12.7%)
$12,001-$12,500 - 7 (11.1%)
$12,501-$13,000 - 2 (3.2%)
>$13,000 - 3 (4.8%)
>$20,000 - 5 (7.9%)
Total Voters: 63

Pages: « 1 ... 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 [96] 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 ... 27303 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 22609279 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. (148 posts by 37 users deleted.)
byronbb
Legendary
*
Offline Offline

Activity: 1414
Merit: 1000


HODL OR DIE


View Profile
April 27, 2013, 05:49:00 AM
 #1901

Incredible volume during that sell off from the all time high. Compare that with the run-up and it is night and day. Not sure what to make of it.

Market is loaded with noobs and fish traders. If and when we see another epic rally the "top calling" narrative will be good comedy as market participants are primed to expect the rug to be yanked out at some point.

1601218138
Hero Member
*
Offline Offline

Posts: 1601218138

View Profile Personal Message (Offline)

Ignore
1601218138
Reply with quote  #2

1601218138
Report to moderator
1601218138
Hero Member
*
Offline Offline

Posts: 1601218138

View Profile Personal Message (Offline)

Ignore
1601218138
Reply with quote  #2

1601218138
Report to moderator
1601218138
Hero Member
*
Offline Offline

Posts: 1601218138

View Profile Personal Message (Offline)

Ignore
1601218138
Reply with quote  #2

1601218138
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1601218138
Hero Member
*
Offline Offline

Posts: 1601218138

View Profile Personal Message (Offline)

Ignore
1601218138
Reply with quote  #2

1601218138
Report to moderator
BTC Books
Member
**
Offline Offline

Activity: 84
Merit: 10



View Profile
April 27, 2013, 05:51:00 AM
 #1902

Incredible volume during that sell off from the all time high. Compare that with the run-up and it is night and day. Not sure what to make of it.

Market is loaded with noobs and fish traders. If and when we see another epic rally the "top calling" narrative will be good comedy as market participants are primed to expect the rug to be yanked out at some point.



That's sort of the point, isn't it?
molecular
Donator
Legendary
*
Offline Offline

Activity: 2730
Merit: 1016



View Profile
April 27, 2013, 05:53:41 AM
 #1903

according to my calculations if we stay on the current bullish trend we will hit 1,480.78$ in 6 months 16,867.02$ in 12 month 2,188,434.58$ in 24 months


omg why did i sell 3 coins for only 500$  Cry

I can't help but notice the bulls (me included) are throwing much higher numbers (even in relative terms) than in 2011 ("$1000 by the end of the year"... quite conservative). I also have a feeling this time they are having an easier time actually believing their own projections might come true.

I remember when friends used to ask me back in 2011: "when will you sell", my answer was: at 1 BTC = 1 oz gold. This doesn't seem so outlandish any more, does it?

It's almost like my wildest dreams are coming true: bitcoin seems to really work out!

Have you guys seen that guardian piece about the Bitcoin Kiez (http://www.guardian.co.uk/technology/video/2013/apr/26/bitcoin-currency-moves-offline-berlin-video). Had you shown me this in 2011 as a "video from 2 years in the future", I wouldn't have believed it and would probably not have been able to stop laughing in pure joy for a day or two. Nowadays my reaction is simply: "oh, cool! Quite a well done piece! Thanks cool dudes in Berlin!".

My old dreams are the new normal, I should get some new dreams... think big this time.
Ares
Full Member
***
Offline Offline

Activity: 238
Merit: 100


View Profile
April 27, 2013, 06:15:09 AM
 #1904

I can't help but notice the bulls (me included) are throwing much higher numbers (even in relative terms) than in 2011 ("$1000 by the end of the year"... quite conservative). I also have a feeling this time they are having an easier time actually believing their own projections might come true.

I remember when friends used to ask me back in 2011: "when will you sell", my answer was: at 1 BTC = 1 oz gold. This doesn't seem so outlandish any more, does it?

It's almost like my wildest dreams are coming true: bitcoin seems to really work out!

Have you guys seen that guardian piece about the Bitcoin Kiez (http://www.guardian.co.uk/technology/video/2013/apr/26/bitcoin-currency-moves-offline-berlin-video). Had you shown me this in 2011 as a "video from 2 years in the future", I wouldn't have believed it and would probably not have been able to stop laughing in pure joy for a day or two. Nowadays my reaction is simply: "oh, cool! Quite a well done piece! Thanks cool dudes in Berlin!".

My old dreams are the new normal, I should get some new dreams... think big this time.

I crunched the numbers and there is a direct correlation between your 2 year old dreams and current Bitcoin happenings. Please, dream really big this time.





Still hangin around 137 with barely any volume. Time to sleep.
batcoin
Full Member
***
Offline Offline

Activity: 238
Merit: 100


In Gord We Trust


View Profile
April 27, 2013, 08:25:45 AM
 #1905

according to my calculations if we stay on the current bullish trend we will hit 1,480.78$ in 6 months 16,867.02$ in 12 month 2,188,434.58$ in 24 months


omg why did i sell 3 coins for only 500$  Cry

I can't help but notice the bulls (me included) are throwing much higher numbers (even in relative terms) than in 2011 ("$1000 by the end of the year"... quite conservative). I also have a feeling this time they are having an easier time actually believing their own projections might come true.

I remember when friends used to ask me back in 2011: "when will you sell", my answer was: at 1 BTC = 1 oz gold. This doesn't seem so outlandish any more, does it?

It's almost like my wildest dreams are coming true: bitcoin seems to really work out!

Have you guys seen that guardian piece about the Bitcoin Kiez (http://www.guardian.co.uk/technology/video/2013/apr/26/bitcoin-currency-moves-offline-berlin-video). Had you shown me this in 2011 as a "video from 2 years in the future", I wouldn't have believed it and would probably not have been able to stop laughing in pure joy for a day or two. Nowadays my reaction is simply: "oh, cool! Quite a well done piece! Thanks cool dudes in Berlin!".

My old dreams are the new normal, I should get some new dreams... think big this time.


It's an awesome feeling isn't it? I didn't have a target sell price for my coins in 2011 like you did. I just knew that I would hold them for 5 years and see where things would be at when 2016 arrives. What could it be like in 3 more years having the benefit of updated information compared to 2011? The dream is the same, but the realization of it could end up being far greater than anyone expected.
Miz4r
Legendary
*
Offline Offline

Activity: 1246
Merit: 1000


View Profile
April 27, 2013, 09:12:00 AM
 #1906

Really surprised we are still at high $130's.  Was feeling pretty sure we were going to see a downward slide recently, to $120 odd.

This whole speculation stuff just ain't easy at all.

it isn't as hard as you think  Smiley

i noticed the downtrend was exhausted from a number of indicators as early as yesterday evening. take a look at my thread "arepo's price analysis" for the details.

--arepo

big sellers are waiting for higher prices, higher prices will not come.
120 will fall

at this point, i'm starting to see this as likely. if we continue this consolidation in the short-term without breaking out, that would be a signal to sell. all i was saying was that i was confident $120 would hold overnight.

Didn't you say in another thread that going sideways is bullish for bitcoin? I think bullish momentum is slowly building up, but it's weekend so not enough volume for much action to be taking place imo. What will happen if the price stays relatively stable until Monday, and people start moving part of their new monthly salary into MtGox?
ManBearPig
Sr. Member
****
Offline Offline

Activity: 350
Merit: 250


"Don't go in the trollbox, trollbox, trollbox"


View Profile WWW
April 27, 2013, 09:18:19 AM
 #1907


Didn't you say in another thread that going sideways is bullish for bitcoin? I think bullish momentum is slowly building up, but it's weekend so not enough volume for much action to be taking place imo. What will happen if the price stays relatively stable until Monday, and people start moving part of their new monthly salary into MtGox?

I personally interpret this consolidation as bullish. The bears sold themselves out, we are learning more about the market every day while taking on new money all the time.

TLDR: all good.
molecular
Donator
Legendary
*
Offline Offline

Activity: 2730
Merit: 1016



View Profile
April 27, 2013, 10:15:13 AM
 #1908

Still hangin around 137 with barely any volume. Time to sleep.

I don't think it's a good time to sleep. It might drag on for longer, but we're at quite a decisive point here. Any way it goes, it probably goes quite a bit:



There has been much happening around the level we're currently at (138ish): Top of a wedge (broken up April 5th) that lead us to the huge rally to $0.266, top of a rebound during big crash (Apr 12th), top of rally Apr 19th and now current resistance.
molecular
Donator
Legendary
*
Offline Offline

Activity: 2730
Merit: 1016



View Profile
April 27, 2013, 10:16:50 AM
 #1909

according to my calculations if we stay on the current bullish trend we will hit 1,480.78$ in 6 months 16,867.02$ in 12 month 2,188,434.58$ in 24 months


omg why did i sell 3 coins for only 500$  Cry

I can't help but notice the bulls (me included) are throwing much higher numbers (even in relative terms) than in 2011 ("$1000 by the end of the year"... quite conservative). I also have a feeling this time they are having an easier time actually believing their own projections might come true.

I remember when friends used to ask me back in 2011: "when will you sell", my answer was: at 1 BTC = 1 oz gold. This doesn't seem so outlandish any more, does it?

It's almost like my wildest dreams are coming true: bitcoin seems to really work out!

Have you guys seen that guardian piece about the Bitcoin Kiez (http://www.guardian.co.uk/technology/video/2013/apr/26/bitcoin-currency-moves-offline-berlin-video). Had you shown me this in 2011 as a "video from 2 years in the future", I wouldn't have believed it and would probably not have been able to stop laughing in pure joy for a day or two. Nowadays my reaction is simply: "oh, cool! Quite a well done piece! Thanks cool dudes in Berlin!".

My old dreams are the new normal, I should get some new dreams... think big this time.


It's an awesome feeling isn't it? I didn't have a target sell price for my coins in 2011 like you did. I just knew that I would hold them for 5 years and see where things would be at when 2016 arrives. What could it be like in 3 more years having the benefit of updated information compared to 2011? The dream is the same, but the realization of it could end up being far greater than anyone expected.

Don't get me wrong, I wont sell more than 5-10%. Wink.
ManBearPig
Sr. Member
****
Offline Offline

Activity: 350
Merit: 250


"Don't go in the trollbox, trollbox, trollbox"


View Profile WWW
April 27, 2013, 12:52:12 PM
 #1910

...we're at quite a decisive point here. Any way it goes, it probably goes quite a bit...

Absolutely, I switched over to a faster chart in time to see a dive from $137 to $134 and thought twice about disagreeing Smiley

Meanwhile: low volume and lowish walls:



One medium-sized buy could put us at $139 in a heartbeat.
Jaroslaw
Member
**
Offline Offline

Activity: 84
Merit: 10


supernode


View Profile
April 27, 2013, 12:55:39 PM
 #1911

Big sell off Smiley
dmiceman
Full Member
***
Offline Offline

Activity: 128
Merit: 100


View Profile
April 27, 2013, 12:56:15 PM
 #1912

Good day for dump, isn't it?
just1nmc
Sr. Member
****
Offline Offline

Activity: 280
Merit: 250


View Profile
April 27, 2013, 12:56:31 PM
 #1913

Most people who were looking to buy over the weekend have probably done so already. The rest are waiting it out to hope for lower prices.

$125 wouldn't surprise me at all, but the asks are very thin to keep the price in the $120s for long.
StarrManUK
Newbie
*
Offline Offline

Activity: 52
Merit: 0



View Profile WWW
April 27, 2013, 12:58:51 PM
 #1914

haha wtf is going on
just1nmc
Sr. Member
****
Offline Offline

Activity: 280
Merit: 250


View Profile
April 27, 2013, 12:59:08 PM
 #1915

Big sell off Smiley

Bigger buy   Wink
ManBearPig
Sr. Member
****
Offline Offline

Activity: 350
Merit: 250


"Don't go in the trollbox, trollbox, trollbox"


View Profile WWW
April 27, 2013, 12:59:20 PM
 #1916

20 seconds of lag and people are panic selling at $132 while others panic buy at $139 - gotta love this Smiley

This:

Digikeys
Member
**
Offline Offline

Activity: 115
Merit: 10



View Profile
April 27, 2013, 12:59:49 PM
 #1917

haha wtf is going on

This. Seriously...
ronaldlee0917
Full Member
***
Offline Offline

Activity: 238
Merit: 100



View Profile
April 27, 2013, 01:00:56 PM
 #1918

I have no clue wtf is going on
136 -> 131 -> 139 -> 136 within one minute
Rockford
Member
**
Offline Offline

Activity: 87
Merit: 10



View Profile
April 27, 2013, 01:01:53 PM
 #1919



oakpacific
Hero Member
*****
Offline Offline

Activity: 784
Merit: 1000


View Profile
April 27, 2013, 01:02:15 PM
 #1920

20 seconds of lag and people are panic selling at $132 while others panic buy at $139 - gotta love this Smiley

This:



I think it's noobs getting trolled. Grin
Pages: « 1 ... 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 [96] 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 ... 27303 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!