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

[gentlemand]

Someone sold too early?

Tera was calling out major falls back in the day while everyone else was blithely trundling along with their high prices and dissing the call. You can't nail it every time but there's some track record there.

[TERA]

I haven't said anything about a "crash" but something like a test of $660 is entirely possible.

[rjclarke2000]

I haven't said anything about a "crash" but something like a test of $660 is entirely possible.

I'm almost certain this will happen. It always creeps back.


Edit: I was thinking more $666 than $660

[gentlemand]

Gawd, I think I'll be more pleased to see the permanent back of $666 than the arrival of $100,000.

[JayJuanGee]

I am really thinking that if you were to consider a kind of weighted average to the trade volumes of exchanges, then that could be more satisfactory overall...

Yes - sounds interesting. What factors would you use to weight them ?

Sure there may be some ways to accomplish this with technical precision (no matter how much weight you end up giving to each of the exchanges), but really, at this point, I don't have any such kind of tool to calculate weighing exchange trade with precision, and accordingly, I am just talking about ballparking the practice or at least attempting to do a decent approximation with limited tools (so conceptually, we can frame these kinds of issues by attempting to allocate some weight).

[TERA]

So is anyone going to mention a train?  Or a boat,  a rocket,  a moon, a bus,  anything?  This place has changed alot.

[gentlemand]

We are now fully rounded individuals who have been like battered housewives for the last three years, too afraid to express our true feelings. I might grunt approval if we hit $1 mil by Christmas, but probably not.

[podyx]

China is FUCKING HUNGRY

[yefi]

We are now fully rounded individuals who have been like battered housewives for the last three years, too afraid to express our true feelings. I might grunt approval if we hit $1 mil by Christmas, but probably not.

I just rock back and forth in my chair and mumble incoherently to myself. I seem to be getting richer from doing it.

[Ted E. Bare]

Now it is time for the big candles!

[Vin]

Now it is time for the big candles!

Can you please explain this?

Thank you 

[spooderman]

ahhhhh, wealth <3

[Ted E. Bare]

Now it is time for the big candles!

Can you please explain this?

Thank you 

[marcus_of_augustus]

did someone say 5180?

[spooderman]

tera what say you? legit only trader i trust.

[Vin]

Now it is time for the big candles!

Can you please explain this?

Thank you 

Oh, ok!

Theeeese candles

Thank you very much.

[TaurusBit]

[TERA]

I'm cannot be held responsible if anyone gets hit by a train because I was entertaining guesses about chart indicators.  Stay safe around the tracks.

[spooderman]

does feel kind of over bought, but there just seems to be a lot of organic pressure at the moment.

unstable GBP+CNY?

[PoolMinor]

Now it is time for the big candles!

Can you please explain this?

Thank you  

Here is an indicator that I think is strong (circled in yellow). 1 Week chart shows a lot of very interesting things, but please don't take just my word for it; do your own research on TA patterns.

did someone say 5180?

http://67.media.tumblr.com/8367546099c21fadd9b89fcb350feee5/tumblr_myxa3yeTu31spy7ono1_500.gif[/img]

I say 5649...