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

[ChartBuddy]

[1714205174]

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[1714205174]

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[adamstgBit]

Do you realize we've been in triple digits for one week now? 18K BTC down to 100, and we just hit 3-day highs. The Gox trading engine is lagging, which is usually a bullish signal. S3052 tweeted "Bitcoin trading to become more violent in the next few months." Interesting times ahead.

That part would make me extremely suspicious. ("The great and wise benevolent leader blogger has concluded that price now must go up uP UP.")

Suspicious of what?

That we're about to go down. But I had mistaken him for another guy, ignore.

I don't need S3052 to tell me, i know. 

[phatsphere]

I don't need S3052 to tell me, i know. 

what? we are going down now?
this thread gives me mixed signals ><

[adamstgBit]

I finally setup 2 Factor Auth for my cavirtex account.
feels better
its really 3 factor if you consider the cavirtex  "Browser Token authentication"
feels much better
 

[adamstgBit]

I don't need S3052 to tell me, i know.  

what? we are going down now?
this thread gives me mixed signals ><

no one said down only trolls, read the full quotes

"Bitcoin trading to become more violent in the next few months."

UP!

[Tzupy]

Market indicators do not suggest right now an imminent drop, on the contrary, if the current trend
continues we will soon be above the sub-wave of August 2nd. The only way I see possible right now
to go down is by a massive whale dump, something like ~20k BTC down to 99.

[samson]

Market indicators do not suggest right now an imminent drop, on the contrary, if the current trend
continues we will soon be above the sub-wave of August 2nd. The only way I see possible right now
to go down is by a massive whale dump, something like ~20k BTC down to 99.

I wouldn't rule it out but a this stage I suspect the price will continue to rise for a while before it falls to new lows.

[phatsphere]

Market indicators do not suggest right now an imminent drop, on the contrary, …

yes, ok, i see it similar. in the end of july we had a rise from 93 to 111. with a decreasing volume of buys. now the consolidation without much action. last day, maybe starting with the weekend, we see increasingly more volume for buys, and we are about to break the one week height of ~108. 3k left, and this will certainly be re-tested.

[Kazu]

In order to the 5-th wave theory to work, we'd need to break above $112 by a fair margin. Otherwise, we've essentially just got a dumb ranging market on our hands.

[vokain]

In order to the 5-th wave theory to work, we'd need to break above $112 by a fair margin. Otherwise, we've essentially just got a dumb ranging market on our hands.

haha you're talking about bitcoin right

[Tzupy]

If some whales help the push, 112 is easy. In fact, I moved my sell order from 111.9x to 114.9x, just in case...

[Kazu]

In order to the 5-th wave theory to work, we'd need to break above $112 by a fair margin. Otherwise, we've essentially just got a dumb ranging market on our hands.

haha you're talking about bitcoin right

Yea, a range... but its like 5% range

[lucas.sev]

Anyone else still using gox?

You are part of a selected few to be able see and test the new trading interface.
If you wish to test it, click this link now!

https://staging.mtgox.com/trade

Is gox implementing any other new features?

12690BTC is a lot of BTC. So there are whales here after all

We have some whales in this thread, although mr. inbox decided to delete his post

[vokain]

we should respect his privacy though and take it down, just on principle. though he is foolish for not blacking out the text entirely, perhaps twice over

[lucas.sev]

we should respect his privacy though and take it down, just on principle. though he is foolish for not blacking out the text entirely, perhaps twice over

Why be so shy though Wonder how many more of you here hold 10k+ of BTC... maybe I do?  

He also had 14 open orders, a lot of walls may be his, interesting.

[hlynur]

We have some whales in this thread, although mr. inbox decided to delete his post I hope I have a copy of the screenshot cached on my main machine  

reminds me of some user that posted a screenshot of btccharts.com some months ago,
and right in the corner a chat window was open with discussion with someone named "satoshi".  
could be a hoax but pic disappeared as soon as some other user told him the mistake.
nonetheless always have some tinfoil by hand when reading this thread.

besides this forum is still the central place where most of the early adopters are bustling...so seems logical to meet a whale from time to time.

[Walsoraj]

ok, things not moving as fast as anticipated, I'm going to revise my $1000 by Friday (up from $300) down a bit to $337. Seems more reasonable.

[Tzupy]

Well, if you push it up to 112, I'll do my best to push it to 112.5. 

[hlynur]

˙ǝlqɐuosɐǝɹ ǝɹoɯ sɯǝǝS ˙ㄥƐƐ$ oʇ ʇıq ɐ uʍop (00Ɛ$ ɯoɹɟ dn) ʎɐpıɹℲ ʎq 000Ɩ$ ʎɯ ǝsıʌǝɹ oʇ ƃuıoƃ ɯ,I 'pǝʇɐdıɔıʇuɐ sɐ ʇsɐɟ sɐ ƃuıʌoɯ ʇou sƃuıɥʇ 'ʞo

you could push your performance to a higher level if your spelling style would correlate more with your avatar.  

[Spaceman_Spiff]

˙ǝlqɐuosɐǝɹ ǝɹoɯ sɯǝǝS ˙ㄥƐƐ$ oʇ ʇıq ɐ uʍop (00Ɛ$ ɯoɹɟ dn) ʎɐpıɹℲ ʎq 000Ɩ$ ʎɯ ǝsıʌǝɹ oʇ ƃuıoƃ ɯ,I 'pǝʇɐdıɔıʇuɐ sɐ ʇsɐɟ sɐ ƃuıʌoɯ ʇou sƃuıɥʇ 'ʞo

you could push your performance to a higher level if your spelling style would correlate more with your avatar.