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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26371724 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. (174 posts by 3 users with 9 merit deleted.)
spooderman
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December 16, 2015, 12:49:10 PM

so, you're saying the next 24 hours are critical?
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ChartBuddy
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December 16, 2015, 01:00:44 PM

Coin



Explanation
billyjoeallen
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December 16, 2015, 01:13:12 PM

It's down 3%. That's it,  Bitcoin is dying.

yeah, but if you look at the chart upside down, it doesn't look so scary for bears anymore, does it?
billyjoeallen
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December 16, 2015, 01:15:57 PM

Just crossed over into the green on the 1 HR moving average with no pump at all!
People aren't using this indicator anymore?
rjclarke2000
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December 16, 2015, 01:26:18 PM

Just crossed over into the green on the 1 HR moving average with no pump at all!
People aren't using this indicator anymore?

What does this mean BJA?
billyjoeallen
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December 16, 2015, 01:32:14 PM

Just crossed over into the green on the 1 HR moving average with no pump at all!
People aren't using this indicator anymore?

What does this mean BJA?

it means the upward momentum may be petering out.
tobacco123
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December 16, 2015, 01:35:37 PM

I think people are waiting to see what will happen now... The price will drop a bit I guess...
Divitiae miserae
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December 16, 2015, 01:55:07 PM

Fiat, come to me.
rjclarke2000
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December 16, 2015, 01:59:57 PM

Just crossed over into the green on the 1 HR moving average with no pump at all!
People aren't using this indicator anymore?

What does this mean BJA?

it means the upward momentum may be petering out.

It was going to happen at some point.
ChartBuddy
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December 16, 2015, 02:00:45 PM

Coin



Explanation
inca
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December 16, 2015, 02:11:44 PM

Now we find out if this is a bull market..place your bets
Divitiae miserae
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December 16, 2015, 02:15:35 PM

Bullish in the medium time-frame, bearish now.
The Price Goes Down!
billyjoeallen
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December 16, 2015, 02:22:27 PM

Now we find out if this is a bull market..place your bets

That entirely depends on what time frame you are looking at. We're still more than 50% down from the ATH.
Still have no scaling solution.

BTC can go up or down, but fiat is safe and pays a nice interest rate at much lower risk.

if BTC goes down 50% and then goes up 50%, you're still at 75% of where you started.
unent
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December 16, 2015, 02:24:58 PM

can't wait for news from FED...

What time will we find out what their decision is?

I couldn't find out a probable announcement time from Google, only that an announcement is expected sometime today, and the stock markets are waiting with baited breath for it.

Will the announcement be good or bad for Bitcoin?
Divitiae miserae
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December 16, 2015, 02:30:18 PM

It's unlikely the Fed will hike rates: the world is addicted to cheap credit now and the restrictive monetary policy would send the global GDP to oblivion.
Elwar
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December 16, 2015, 02:32:39 PM

It's unlikely the Fed will hike rates: the world is addicted to cheap credit now and the restrictive monetary policy would send the global GDP to oblivion.

Bernanke suggests negative rates due to the success of doing so in Europe.
http://www.marketwatch.com/story/bernanke-says-fed-likely-to-add-negative-rates-to-recession-fighting-toolkit-2015-12-15?link=TDimage_4
Elwar
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December 16, 2015, 02:35:20 PM

can't wait for news from FED...

What time will we find out what their decision is?

I couldn't find out a probable announcement time from Google, only that an announcement is expected sometime today, and the stock markets are waiting with baited breath for it.

Will the announcement be good or bad for Bitcoin?

http://www.marketwatch.com/story/us-stocks-eye-gains-as-interest-rate-hike-looms-2015-12-16
The Federal Reserve’s rate decision is due at 2 p.m. Eastern Time, followed by a news conference at 2:30 p.m. featuring Yellen.
billyjoeallen
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December 16, 2015, 02:39:04 PM

It's unlikely the Fed will hike rates: the world is addicted to cheap credit now and the restrictive monetary policy would send the global GDP to oblivion.

You may be right, but I give it a 51% chance that they will hike 1/8-1/4%.  Yellen knows that Jawboning only works so long before we stop believing her, so she might have to give it a little bump to maintain her credibility. She has said over and over that rates need to normalize and if she KNOWS that if markets get too addicted to cheap credit that they will never be able to normalize, because the crash would be catastrophic.

Fuck, I don't know. We'll see. It's gonna be something.
lama-hunter
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December 16, 2015, 02:40:06 PM

Whats up guys Smiley

I think today will be a little decrease but tomorrow can also be a little increse Wink
at all the price will icnrease it hink until 800$ in 2 months.

regards
lama-hunter
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December 16, 2015, 02:46:36 PM

It's unlikely the Fed will hike rates: the world is addicted to cheap credit now and the restrictive monetary policy would send the global GDP to oblivion.

I think it's all but a sure thing

I'd wager a 95% chance they hike today by 25 bps

the market will violently correct if this doesn't happen and the Fed will have lost face
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