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

[ChartBuddy]

[JimboToronto]

Where the hell is the 180 I was promised?

Patience is a virtue. It's still only August 27.

[Coinseeker]

That's why TA is more or less useless. Market volume and liquidity is not nearly large enough to make it meaningful.

Bingo.

I disagree.  If you had (and if you still do) look at just the money flow index, you'll see that the last time we were this close to being overbought in the last 6 months, was the rise to 260.  This rise was and is easily predicted through TA.  In fact, this rise could actually surpass the BTC all time high but we'll see.  My guess, is we're in for some massive gains over the coming days.  200 is going to get run through like nothing.

Congrats Bulls!

[kehtolo]

That's why TA is more or less useless. Market volume and liquidity is not nearly large enough to make it meaningful.

Bingo.

I disagree.  If you had (and if you still do) look at just the money flow index, you'll see that the last time we were this close to being overbought in the last 6 months, was the rise to 260.  This rise was and is easily predicted through TA.  In fact, this rise could actually surpass the BTC all time high but we'll see.  My guess, is we're in for some massive gains over the coming days.  200 is going to get run through like nothing.

Congrats Bulls!

See, I try and take my own advice. Remain calm, catiously optimistic.. and wait until i hear some solid news resulting from today and yesterdays meetings.. Then i read something like this.. and get all excited again!!

[Walsoraj]

That's why TA is more or less useless. Market volume and liquidity is not nearly large enough to make it meaningful.

Bingo.

I disagree.  If you had (and if you still do) look at just the money flow index, you'll see that the last time we were this close to being overbought in the last 6 months, was the rise to 260.  This rise was and is easily predicted through TA.  In fact, this rise could actually surpass the BTC all time high but we'll see.  My guess, is we're in for some massive gains over the coming days.  200 is going to get run through like nothing.

Congrats Bulls!

hey moron,

last time was preceded by massive inflows of money to gox. not happening now.

we go to $180, and no more. We level there until gox fixes its shit

[ChartBuddy]

[crazy_rabbit]

That's why TA is more or less useless. Market volume and liquidity is not nearly large enough to make it meaningful.

Bingo.

I disagree.  If you had (and if you still do) look at just the money flow index, you'll see that the last time we were this close to being overbought in the last 6 months, was the rise to 260.  This rise was and is easily predicted through TA.  In fact, this rise could actually surpass the BTC all time high but we'll see.  My guess, is we're in for some massive gains over the coming days.  200 is going to get run through like nothing.

Congrats Bulls!

hey moron,

last time was preceded by massive inflows of money to gox. not happening now.

we go to $180, and no more. We level there until gox fixes its shit

i would strongly prefer us not going to more then $150 right now to be honest. Slow and steady. I'd like us to even just hang out at $130 for the next two weeks before heading to $150. I'd be happier with a reliable value rather then just a high value that's doomed to crash as fast as it peaked.

[Ray Anastasio]

That's why TA is more or less useless. Market volume and liquidity is not nearly large enough to make it meaningful.

Bingo.

I disagree.  If you had (and if you still do) look at just the money flow index, you'll see that the last time we were this close to being overbought in the last 6 months, was the rise to 260.  This rise was and is easily predicted through TA.  In fact, this rise could actually surpass the BTC all time high but we'll see.  My guess, is we're in for some massive gains over the coming days.  200 is going to get run through like nothing.

Congrats Bulls!

hey moron,

last time was preceded by massive inflows of money to gox. not happening now.

we go to $180, and no more. We level there until gox fixes its shit

i would strongly prefer us not going to more then $150 right now to be honest. Slow and steady. I'd like us to even just hang out at $130 for the next two weeks before heading to $150. I'd be happier with a reliable value rather then just a high value that's doomed to crash as fast as it peaked.

Every time it peaks crashes peaks crashes, I end up with more bitcoin wealth.....

[QuestionAuthority]

That's why TA is more or less useless. Market volume and liquidity is not nearly large enough to make it meaningful.

Bingo.

I disagree.  If you had (and if you still do) look at just the money flow index, you'll see that the last time we were this close to being overbought in the last 6 months, was the rise to 260.  This rise was and is easily predicted through TA.  In fact, this rise could actually surpass the BTC all time high but we'll see.  My guess, is we're in for some massive gains over the coming days.  200 is going to get run through like nothing.

Congrats Bulls!

hey moron,

last time was preceded by massive inflows of money to gox. not happening now.

we go to $180, and no more. We level there until gox fixes its shit

i would strongly prefer us not going to more then $150 right now to be honest. Slow and steady. I'd like us to even just hang out at $130 for the next two weeks before heading to $150. I'd be happier with a reliable value rather then just a high value that's doomed to crash as fast as it peaked.

Shhhhh. We want quick profit and buy back low.

[Kj1]

hey how did they get that much fiat into gox for that huge buy?

[Chalkbot]

hey how did they get that much fiat into gox for that huge buy?

In all probability, it never left.

[TheKoziTwo]

I sold my BTC, nice profit. All USD right now.

4 days later:

Lift-off commencing! 

This is obviously completely artificial.

[ChartBuddy]

[adamstgBit]

That's why TA is more or less useless. Market volume and liquidity is not nearly large enough to make it meaningful.

Bingo.

I disagree.  If you had (and if you still do) look at just the money flow index, you'll see that the last time we were this close to being overbought in the last 6 months, was the rise to 260.  This rise was and is easily predicted through TA.  In fact, this rise could actually surpass the BTC all time high but we'll see.  My guess, is we're in for some massive gains over the coming days.  200 is going to get run through like nothing.

Congrats Bulls!

hey moron,

last time was preceded by massive inflows of money to gox. not happening now.

we go to $180, and no more. We level there until gox fixes its shit

didn't they fix their shit, haven't i heard you can withdraw and deposit freely again?

Finally, the issues with deposits and withdrawals from Mt. Gox are being relieved,

[QuestionAuthority]

That's why TA is more or less useless. Market volume and liquidity is not nearly large enough to make it meaningful.

Bingo.

I disagree.  If you had (and if you still do) look at just the money flow index, you'll see that the last time we were this close to being overbought in the last 6 months, was the rise to 260.  This rise was and is easily predicted through TA.  In fact, this rise could actually surpass the BTC all time high but we'll see.  My guess, is we're in for some massive gains over the coming days.  200 is going to get run through like nothing.

Congrats Bulls!

hey moron,

last time was preceded by massive inflows of money to gox. not happening now.

we go to $180, and no more. We level there until gox fixes its shit

didn't they fix their shit, haven't i heard you can withdraw and deposit freely again?

Finally, the issues with deposits and withdrawals from Mt. Gox are being relieved,

About 8 weeks of trying to get fiat out of Gox. Fortunately I bought and transferred most of my funds in btc when the price was still below 100. I left $100 just to see if they are out of business and not announcing it or if they ever start withdrawals again.

[bzzard]

[Sitarow]

[ChartBuddy]

[lebing]

Woah its been so long since ive seen a btccharts wall in the wall thread, its like coming home on a cold night to a warm fire

[adamstgBit]

wow, the higher it goes the more the demand, their simply no way this could go wrong  



BTW: I predicted these moves with uncanny accuracy, subscribe today to find out what happens tomorrow! - BitMovements