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

[JimboToronto]

The bidwalls at 120 and 121.5 look like they're ready to to be pulled and the funds used to finance a market-buy push past 150, similar to what they did at 135 on August 30.

http://youtu.be/fWvPIEAgsrw

Love it. Great entertainment. LOL

[JimboToronto]

i feel like we are going over 150 this time or soon, but i'm way more anxious about buying in at 140 than when we were at back in the 90s and contemplating whether we would hit 100 in July.  I'd rather we just go back down to 110 before i buy again, but hopefully that will happen before too long and i loose my nerve and buy in above 140.

You had your chance to buy cheap coins when the price was artificially below 130 during the recent beartrap.

Psst: in a speculative market, artificial = real.

 

[derpinheimer]

i feel like we are going over 150 this time or soon, but i'm way more anxious about buying in at 140 than when we were at back in the 90s and contemplating whether we would hit 100 in July.  I'd rather we just go back down to 110 before i buy again, but hopefully that will happen before too long and i loose my nerve and buy in above 140.

You had your chance to buy cheap coins when the price was artificially below 130 during the recent beartrap.

Hm, what do you mean artificially? To me that implies manipulation. The only potential manipulation would be a cash whale wanting a lower price.. which isnt... really manipulation.

[ChartBuddy]

[JimboToronto]

i feel like we are going over 150 this time or soon, but i'm way more anxious about buying in at 140 than when we were at back in the 90s and contemplating whether we would hit 100 in July.  I'd rather we just go back down to 110 before i buy again, but hopefully that will happen before too long and i loose my nerve and buy in above 140.

You had your chance to buy cheap coins when the price was artificially below 130 during the recent beartrap.

Hm, what do you mean artificially? To me that implies manipulation. The only potential manipulation would be a cash whale wanting a lower price.. which isnt... really manipulation.

After systematically pushing the price up for almost two months with well-placed periodic large buys accompanied by immediate bidwalls to prevent slippage, then after letting market inertia carry for a couple of days without intervention, using a couple of 5k-6k dumps to panic the price down by over $20, they spent a similar amount to return it to where it started, buying and hoarding an unknown amount of coins when the price was down below 130.

Not manipulation? This whole market is a manipulation circlejerk.

This is why outdated 19th-century/early-20th-century technical analysis is futile in the world of Bitcoin. It's time to think outside the box or get stuck in the tarpits like dinosaurs.

I earned bitcoins daytrading back in March/April by anticipating dDOS attacks on MtGox. The smart money now is on anticipating whale manipulation.

Of course the smart people don't publicize their predictions, or at least not precisely.

[ChartBuddy]

[vps15]

i feel like we are going over 150 this time or soon, but i'm way more anxious about buying in at 140 than when we were at back in the 90s and contemplating whether we would hit 100 in July.  I'd rather we just go back down to 110 before i buy again, but hopefully that will happen before too long and i loose my nerve and buy in above 140.

You had your chance to buy cheap coins when the price was artificially below 130 during the recent beartrap.

Hm, what do you mean artificially? To me that implies manipulation. The only potential manipulation would be a cash whale wanting a lower price.. which isnt... really manipulation.

After systematically pushing the price up for almost two months with well-placed periodic large buys accompanied by immediate bidwalls to prevent slippage, then after letting market inertia carry for a couple of days without intervention, using a couple of 5k-6k dumps to panic the price down by over $20, they spent a similar amount to return it to where it started, buying and hoarding an unknown amount of coins when the price was down below 130.

Not manipulation? This whole market is a manipulation circlejerk.

This is why outdated 19th-century/early-20th-century technical analysis is futile in the world of Bitcoin. It's time to think outside the box or get stuck in the tarpits like dinosaurs.

I earned bitcoins daytrading back in March/April by anticipating dDOS attacks on MtGox. The smart money now is on anticipating whale manipulation.

Of course the smart people don't publicize their predictions, or at least not precisely.

What a dick

[notme]

i feel like we are going over 150 this time or soon, but i'm way more anxious about buying in at 140 than when we were at back in the 90s and contemplating whether we would hit 100 in July.  I'd rather we just go back down to 110 before i buy again, but hopefully that will happen before too long and i loose my nerve and buy in above 140.

You had your chance to buy cheap coins when the price was artificially below 130 during the recent beartrap.

Hm, what do you mean artificially? To me that implies manipulation. The only potential manipulation would be a cash whale wanting a lower price.. which isnt... really manipulation.

After systematically pushing the price up for almost two months with well-placed periodic large buys accompanied by immediate bidwalls to prevent slippage, then after letting market inertia carry for a couple of days without intervention, using a couple of 5k-6k dumps to panic the price down by over $20, they spent a similar amount to return it to where it started, buying and hoarding an unknown amount of coins when the price was down below 130.

Not manipulation? This whole market is a manipulation circlejerk.

This is why outdated 19th-century/early-20th-century technical analysis is futile in the world of Bitcoin. It's time to think outside the box or get stuck in the tarpits like dinosaurs.

I earned bitcoins daytrading back in March/April by anticipating dDOS attacks on MtGox. The smart money now is on anticipating whale manipulation.

Of course the smart people don't publicize their predictions, or at least not precisely.

What a dick

[lebing]

i feel like we are going over 150 this time or soon, but i'm way more anxious about buying in at 140 than when we were at back in the 90s and contemplating whether we would hit 100 in July.  I'd rather we just go back down to 110 before i buy again, but hopefully that will happen before too long and i loose my nerve and buy in above 140.

You had your chance to buy cheap coins when the price was artificially below 130 during the recent beartrap.

Hm, what do you mean artificially? To me that implies manipulation. The only potential manipulation would be a cash whale wanting a lower price.. which isnt... really manipulation.

After systematically pushing the price up for almost two months with well-placed periodic large buys accompanied by immediate bidwalls to prevent slippage, then after letting market inertia carry for a couple of days without intervention, using a couple of 5k-6k dumps to panic the price down by over $20, they spent a similar amount to return it to where it started, buying and hoarding an unknown amount of coins when the price was down below 130.

Not manipulation? This whole market is a manipulation circlejerk.

This is why outdated 19th-century/early-20th-century technical analysis is futile in the world of Bitcoin. It's time to think outside the box or get stuck in the tarpits like dinosaurs.

I earned bitcoins daytrading back in March/April by anticipating dDOS attacks on MtGox. The smart money now is on anticipating whale manipulation.

Of course the smart people don't publicize their predictions, or at least not precisely.

What a dick

He might be a dick but he's not wrong. I've been saying it for a long time, but I'll say it again. Tech analysis can work well in larger markets, but bitcoin is simply far too small for it to be of much use (I use it in some situations, but mostly stick to fundamentals).

[ChartBuddy]

[S3052]

i feel like we are going over 150 this time or soon, but i'm way more anxious about buying in at 140 than when we were at back in the 90s and contemplating whether we would hit 100 in July.  I'd rather we just go back down to 110 before i buy again, but hopefully that will happen before too long and i loose my nerve and buy in above 140.

You had your chance to buy cheap coins when the price was artificially below 130 during the recent beartrap.

Hm, what do you mean artificially? To me that implies manipulation. The only potential manipulation would be a cash whale wanting a lower price.. which isnt... really manipulation.

After systematically pushing the price up for almost two months with well-placed periodic large buys accompanied by immediate bidwalls to prevent slippage, then after letting market inertia carry for a couple of days without intervention, using a couple of 5k-6k dumps to panic the price down by over $20, they spent a similar amount to return it to where it started, buying and hoarding an unknown amount of coins when the price was down below 130.

Not manipulation? This whole market is a manipulation circlejerk.

This is why outdated 19th-century/early-20th-century technical analysis is futile in the world of Bitcoin. It's time to think outside the box or get stuck in the tarpits like dinosaurs.

I earned bitcoins daytrading back in March/April by anticipating dDOS attacks on MtGox. The smart money now is on anticipating whale manipulation.

Of course the smart people don't publicize their predictions, or at least not precisely.

What a dick

He might be a dick but he's not wrong. I've been saying it for a long time, but I'll say it again. Tech analysis can work well in larger markets, but bitcoin is simply far too small for it to be of much use (I use it in some situations, but mostly stick to fundamentals).

Noone is obliged to follow technical analysis

But for those who want better results than buy and hold , they are invited to try the technical analysis for bitcoin.

The bitcoinbullbear service has outperformed buy and hold by orders of magnitudes over 3 years consistently

[ChartBuddy]

[marcelus]

What's the deal with the continual sell of 1 btc every 10 seconds? Been going on for hours, prob all day.

*edit*

if you want to see what im talking about go to http://trading.i286.org/ and check the "summarize trades" option.

It's called a "bot", short for "robot". It's an application or script programmed to trade by proxy on behalf of the programmer.

**sheesh - noobs***

I was hoping for more insight. For ex, whether someone has observed this kind of bot behavior in the past before a crash or panic buy.

Jerk.

yes. in the stock market.

A continual spam of sells is typical before a crash or a rocket? Or both?

I'm curious because the past few weeks I've notice spurts (hour or so) of continual small buys (usually 0.01 or less). The current 1btc sells have been going on all day long with almost no interrupts.

They're there all the time, whether the market is going up or down.

[ChartBuddy]

[ShroomsKit]

i feel like we are going over 150 this time or soon, but i'm way more anxious about buying in at 140 than when we were at back in the 90s and contemplating whether we would hit 100 in July.  I'd rather we just go back down to 110 before i buy again, but hopefully that will happen before too long and i loose my nerve and buy in above 140.

You had your chance to buy cheap coins when the price was artificially below 130 during the recent beartrap.

Hm, what do you mean artificially? To me that implies manipulation. The only potential manipulation would be a cash whale wanting a lower price.. which isnt... really manipulation.

After systematically pushing the price up for almost two months with well-placed periodic large buys accompanied by immediate bidwalls to prevent slippage, then after letting market inertia carry for a couple of days without intervention, using a couple of 5k-6k dumps to panic the price down by over $20, they spent a similar amount to return it to where it started, buying and hoarding an unknown amount of coins when the price was down below 130.

Not manipulation? This whole market is a manipulation circlejerk.

This is why outdated 19th-century/early-20th-century technical analysis is futile in the world of Bitcoin. It's time to think outside the box or get stuck in the tarpits like dinosaurs.

I earned bitcoins daytrading back in March/April by anticipating dDOS attacks on MtGox. The smart money now is on anticipating whale manipulation.

Of course the smart people don't publicize their predictions, or at least not precisely.

What a dick

He might be a dick but he's not wrong. I've been saying it for a long time, but I'll say it again. Tech analysis can work well in larger markets, but bitcoin is simply far too small for it to be of much use (I use it in some situations, but mostly stick to fundamentals).

Noone is obliged to follow technical analysis

But for those who want better results than buy and hold , they are invited to try the technical analysis for bitcoin.

The bitcoinbullbear service has outperformed buy and hold by orders of magnitudes over 3 years consistently

You must be extremely rich?

[S3052]

i feel like we are going over 150 this time or soon, but i'm way more anxious about buying in at 140 than when we were at back in the 90s and contemplating whether we would hit 100 in July.  I'd rather we just go back down to 110 before i buy again, but hopefully that will happen before too long and i loose my nerve and buy in above 140.

You had your chance to buy cheap coins when the price was artificially below 130 during the recent beartrap.

Hm, what do you mean artificially? To me that implies manipulation. The only potential manipulation would be a cash whale wanting a lower price.. which isnt... really manipulation.

After systematically pushing the price up for almost two months with well-placed periodic large buys accompanied by immediate bidwalls to prevent slippage, then after letting market inertia carry for a couple of days without intervention, using a couple of 5k-6k dumps to panic the price down by over $20, they spent a similar amount to return it to where it started, buying and hoarding an unknown amount of coins when the price was down below 130.

Not manipulation? This whole market is a manipulation circlejerk.

This is why outdated 19th-century/early-20th-century technical analysis is futile in the world of Bitcoin. It's time to think outside the box or get stuck in the tarpits like dinosaurs.

I earned bitcoins daytrading back in March/April by anticipating dDOS attacks on MtGox. The smart money now is on anticipating whale manipulation.

Of course the smart people don't publicize their predictions, or at least not precisely.

What a dick

He might be a dick but he's not wrong. I've been saying it for a long time, but I'll say it again. Tech analysis can work well in larger markets, but bitcoin is simply far too small for it to be of much use (I use it in some situations, but mostly stick to fundamentals).

Noone is obliged to follow technical analysis

But for those who want better results than buy and hold , they are invited to try the technical analysis for bitcoin.

The bitcoinbullbear service has outperformed buy and hold by orders of magnitudes over 3 years consistently

You must be extremely rich?

It's not about me but about helping making our subscribers richer

[ChartBuddy]

[wachtwoord]

It's not about me but about helping making our subscribers richer

Folks, this alone should give you enough of an idea

[tarmi]

It's not about me but about helping making our subscribers richer

me:subscribers=help:richer

[ShroomsKit]

i feel like we are going over 150 this time or soon, but i'm way more anxious about buying in at 140 than when we were at back in the 90s and contemplating whether we would hit 100 in July.  I'd rather we just go back down to 110 before i buy again, but hopefully that will happen before too long and i loose my nerve and buy in above 140.

You had your chance to buy cheap coins when the price was artificially below 130 during the recent beartrap.

Hm, what do you mean artificially? To me that implies manipulation. The only potential manipulation would be a cash whale wanting a lower price.. which isnt... really manipulation.

After systematically pushing the price up for almost two months with well-placed periodic large buys accompanied by immediate bidwalls to prevent slippage, then after letting market inertia carry for a couple of days without intervention, using a couple of 5k-6k dumps to panic the price down by over $20, they spent a similar amount to return it to where it started, buying and hoarding an unknown amount of coins when the price was down below 130.

Not manipulation? This whole market is a manipulation circlejerk.

This is why outdated 19th-century/early-20th-century technical analysis is futile in the world of Bitcoin. It's time to think outside the box or get stuck in the tarpits like dinosaurs.

I earned bitcoins daytrading back in March/April by anticipating dDOS attacks on MtGox. The smart money now is on anticipating whale manipulation.

Of course the smart people don't publicize their predictions, or at least not precisely.

What a dick

He might be a dick but he's not wrong. I've been saying it for a long time, but I'll say it again. Tech analysis can work well in larger markets, but bitcoin is simply far too small for it to be of much use (I use it in some situations, but mostly stick to fundamentals).

Noone is obliged to follow technical analysis

But for those who want better results than buy and hold , they are invited to try the technical analysis for bitcoin.

The bitcoinbullbear service has outperformed buy and hold by orders of magnitudes over 3 years consistently

You must be extremely rich?

It's not about me but about helping making our subscribers richer

Ah yes, obviously. How did i miss that part.