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

[shmadz]

Where is shroomsy? Is he mad about the silver dumpers and is crying/trolling @silvercointalk.org now?  

Silver is going up fast again. So happy i moved all my coins into silver. I bought at the very bottom.

Quoted for posterity.

(Just in case the temptation to start dumping posts at 12345 overcomes you  )

[N12]

Stop being so surprised. This has been happening month after month after month.

To the traders: just 50 cents more to go and we're back at 15. Well done you fucking idiots. You killed yet another rally and a chance for silver to finally take off again after years.
You must be fucking proud! Such an achievement!

[inca]

By your logic you would never buy anything that has fallen from an all time high. Fail.

Anyway let's see what the exchange price is after the US Marshalls office gets out of the way.

What will you do if the price inexplicably begins to rise up and takes out 480 before drifting higher still?

[shmadz]

Be wary of that wall just below 380 on stamp.



Looks fake as hell.

[ChartBuddy]

Explanation

[fonzie]

Be wary of that wall just below 380 on stamp.

[IMG]http://i60.tinypic.com/2qi20du.png

Looks fake as hell.

No

Haven´t seen a fake one on Stamp for months, neither buy or sell wall.

[aliro38]

Be wary of that wall just below 380 on stamp.

Looks fake as hell.

I don't think so. That wall was there yesterday too for quite a long time. It moved a little as it was trying to get the best possible buying position given the price fluctuation but in the end the owner didn't have the chance to get dumped into it before the small take off of today. Now it's slightly lower higher (srry, my bad) than yesterday.
My 2bits...

[NotLambchop]

By your logic you would never buy anything that has fallen from an all time high. Fail.

Huh?  Let me try that:
By your logic, the moon is made of cream cheese.  Fail.

Anyway let's see what the exchange price is after the US Marshalls office gets out of the way.

What will you do if the price inexplicably begins to rise up and takes out 480 before drifting higher still?

Lol, you are expecting that?  Care to commit to a price and a date?

[NotLambchop]

...
Haven´t seen a fake one on Stamp for months, neither buy or sell wall.

Are we talking about the baby thing @ 380 or the wall @360?

[inca]

Instead of criticising and being deliberately contrary porkchop, why not post a firm prediction for us here first? Oh and a list of your recent and active trades would be appreciated

I won't hold my breath!

[Fatman3001]

Blablablabla

[sorry for feeding trolls]

Hindsight is 20/20, I dispute this notion that the run up to $1100-$1200 was "an obvious bubble"(and prepare for the barrage of ridicule). It could have been the break-out moment for Bitcoin if the chinese government hadn't thrown a wrench in the works. If allowed to blossom, Bitcoin could have tremendous utility in the chinese economy. And if they ever let it blossom we will look back at $1200 and moan about "them cheap coins" not unlike so many with poor imagination do now.

[JimboToronto]

Good morning Bitcoinland.

Not much has changed overnight I see. Still continuing the slow creep upward.

Keep those green daily candles coming.

 

[shmadz]

Be wary of that wall just below 380 on stamp.

Looks fake as hell.

I don't think so. That wall was there yesterday too for quite a long time. It moved a little as it was trying to get the best possible buying position given the price fluctuation but in the end the owner didn't have the chance to get dumped into it before the small take off of today. Now it's slightly lower higher (srry, my bad) than yesterday.
My 2bits...

No

Haven´t seen a fake one on Stamp for months, neither buy or sell wall.

It seems I stand corrected.

Many thanks gentlemen.

[NotLambchop]

Instead of criticising and being deliberately contrary porkchop, why not post a firm prediction for us here first? Oh and a list of your recent and active trades would be appreciated

We had the very same conversation many times.  Since you have forgotten all of them, I'm certain that you'll forget this reply too.
Regardless, I'll repeat myself for the Nth time:

I haven't done any serious trading after methodical profit-taking on the way up last year.  I did not guess the top of the bubble, simply stuck to a (conservative) strategy.  Currently, my trades amount to little more than penny-ante gambling--the players today are much richer, tougher, smarter, and more serious than they once were.  All this has convinced me that I no longer have an edge, and given the ease with which this market is manipulated (partially due to utter lack of conventional regulations, partially just typical penny stock shit), any "trading" on my part (above the pocket lint I play with) would be foolish.

Now how about you?  Care to share your boss tradin' strategy?

I won't hold my breath!

[Newbie1022]

3-month guesstimate: Down to 350-360 (not worth shorting and probably not worth waiting for), up to around 500 (very worth being long) after the auction, then back down to new lows. (Next wave down from the peak theory -- 1 week chart).

Longer-term, might break the cycle and reach new highs. A few things have to happen (nicer exchanges, regulatory front, and find a way to draw new users in volume)... a lot of them are sort of in the process of happening. So, not bearish on long-term, but also too far out to make any decent assessment.

[ChartBuddy]

Explanation

[JorgeStolfi]

If people only bought shares or commodities of things that were rising then markets wouldn't function particularly well would they.

If a company keeps increasing its profits and/or capital assets, it woudl make sense for its shares to continually go up in price.  People would still trade them, since they will have different and changing expectations about how much its value will increase in the future.

[seleme]

It's like worst shitcoin last few weeks. Utter pump and dump scheme.

[seleme]

Stop being so surprised. This has been happening month after month after month.

To the traders: just 50 cents more to go and we're back at 15. Well done you fucking idiots. You killed yet another rally and a chance for silver to finally take off again after years.
You must be fucking proud! Such an achievement!

lol, legend 

[inca]

As the ema's cross the price dumps Such a natural market ha.