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

[JayJuanGee]

JayJuanGee , i thought we were over with those walls of text? Please keep your promise!  Thanks

I made NO promise to discontinue or to abbreviate any so called "text walls," so fuck off... hehehehehehe... I love you too.     

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[ChartBuddy]

Explanation

[marcus_of_augustus]

Department of Financial Services superintendent, Benjamin Lawsky, who has been leading the charge in an effort to regulate bitcoin, is reportedly resigning from his position in early 2015!

https://www.cryptocoinsnews.com/bitcoin-regulator-benjamin-lawsky-resign-nydfs/

how do we ChangeTip Lawsky for doing the right thing and resigning?

[BlindMayorBitcorn]

Department of Financial Services superintendent, Benjamin Lawsky, who has been leading the charge in an effort to regulate bitcoin, is reportedly resigning from his position in early 2015!

https://www.cryptocoinsnews.com/bitcoin-regulator-benjamin-lawsky-resign-nydfs/

how do we ChangeTip Lawsky for doing the right thing and resigning?

Hehe. Spare change

[prophetx]

do you guys still believe we will go sub 300?

No. That's too low. I think the tide is turning the other way... if not right now then pretty soon (before $400)... but below $300 would be a cataclysm.

Agree. $340 is now bedrock. If we go lower, the machines will be upon Zion and all will be lost.

305ish is also possible. $340 or 305 would be 60/40 odds on the low of the next wave. With the $305ish, I'm reading the $275 as stretching outside the normal wave because longs got caught off guard, were scared, and the situation got out of hand. If that's true, then the last wave was actually a notch lower (controlling for the long squeeze) at $315-$320 versus $330. If that, then the next level down is $305.

The other way to read the chart is as you have -- the last 1d chart wave low was higher than the previous and the same will happen again whether we jump or consolidate. Very, very, very reasonable read.

But, below 300 is lunacy and also doesn't jive with the last low or the depth in the market right now. It's not only a catacylsm, it would be crazy to expect below 300 anytime in the foreseeable future.

i don' think this wave is done.  look at the weekly and 3 day

bitcoin is way oversold for the amount of VC that has gone into it the last 6 months

the upside is much greater than the down side

[Raystonn]

Testing out a new method based on putting together systems that work.  Let's see how it does...

Current price: 368.08

Predictions:
Down overall for the next 15 minutes.
Up overall for the next 15 minutes after that.
Down overall for the next 3.5 hours after that.
Neutral overall for the next 8 hours after that.
Up overall for the next 6.5 days after that.

[justusranvier]

Department of Financial Services superintendent, Benjamin Lawsky, who has been leading the charge in an effort to regulate bitcoin, is reportedly resigning from his position in early 2015!

https://www.cryptocoinsnews.com/bitcoin-regulator-benjamin-lawsky-resign-nydfs/

how do we ChangeTip Lawsky for doing the right thing and resigning?

How do we know he's doing the right thing?

I would not be surprised if his next career move is into the Bitcoin space somehow. It would fit the modus operandi:

1: Create a massive problem as a bureaucrat
2: Sell your amelioration services in the private sector
3: Profit

[BlindMayorBitcorn]

Department of Financial Services superintendent, Benjamin Lawsky, who has been leading the charge in an effort to regulate bitcoin, is reportedly resigning from his position in early 2015!

https://www.cryptocoinsnews.com/bitcoin-regulator-benjamin-lawsky-resign-nydfs/

how do we ChangeTip Lawsky for doing the right thing and resigning?

How do we know he's doing the right thing?

I would not be surprised if his next career move is into the Bitcoin space somehow. It would fit the modus operandi:

1: Create a massive problem as a bureaucrat
2: Sell your amelioration services in the private sector
3: Profit

A trap-trap trap. Heavy

[ChartBuddy]

Explanation

[solex]

Where the hell did adam go??

Occam's Razor: reconciliation with wife means abstinence from bct.

[Walsoraj]

Where the hell did adam go??

Occam's Razor: reconciliation with wife means abstinence from bct.

I bet we could tempt him back by turning this thread into a discussion about Ripple.

[mooncake]

Where the hell did adam go??

Occam's Razor: reconciliation with wife means abstinence from bct.

I bet we could tempt him back by turning this thread into a discussion about Ripple.

Go start your own thread: Wall Observer XRP/USD - Ripple price movement tracking & discussion.

[justusranvier]

Occam's Razor: reconciliation with wife means abstinence from bct.

If this is true, I don't expect it to turn out well in the long term.

Those kinds of ultimatums generally don't.

[JayJuanGee]

Where the hell did adam go??

Occam's Razor: reconciliation with wife means abstinence from bct.

I bet we could tempt him back by turning this thread into a discussion about Ripple.

When the cat is away, the rats will play.


Walsoraj:   YOU DIRTY RAT!!!!


 

[JayJuanGee]

Where the hell did adam go??

Occam's Razor: reconciliation with wife means abstinence from bct.

I bet we could tempt him back by turning this thread into a discussion about Ripple.

Go start your own thread: Wall Observer XRP/USD - Ripple price movement tracking & discussion.

Yeah, they will have a total of 2 subscribers.. Walsoraj and Mah87.   

[Walsoraj]

Where the hell did adam go??

Occam's Razor: reconciliation with wife means abstinence from bct.

I bet we could tempt him back by turning this thread into a discussion about Ripple.

Go start your own thread: Wall Observer XRP/USD - Ripple price movement tracking & discussion.

Yeah, they will have a total of 2 subscribers.. Walsoraj and Mah87.   

Jorge is a proponent of Ripple as well.

[ChartBuddy]

Explanation

[hyphymikey]

do you guys still believe we will go sub 300?

No. That's too low. I think the tide is turning the other way... if not right now then pretty soon (before $400)... but below $300 would be a cataclysm.

Agree. $340 is now bedrock. If we go lower, the machines will be upon Zion and all will be lost.

Yeah, if we go below (make up a number out of thin air) then it will not be good, but if we go above (make up a number out of thin air) then we have definitely entered a bull market.

[noobtrader]

do you guys still believe we will go sub 300?

No. That's too low. I think the tide is turning the other way... if not right now then pretty soon (before $400)... but below $300 would be a cataclysm.

Agree. $340 is now bedrock. If we go lower, the machines will be upon Zion and all will be lost.

Yeah, if we go below (make up a number out of thin air) then it will not be good, but if we go above (make up a number out of thin air) then we have definitely entered a bull market.

a line drawn on top of  dec 13 bubble and top of other line at aug 8 which form a descending line (bear line) which is a generally agreed as a resistance point, as we break this last line we are free from the bear.

EDIT : other line is drawn from feb 10 drop to oct 5 which create support line (bull line). if we break this line we lost to the bear.

EDIT2 : finex

[ChartBuddy]

Explanation