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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21330912 times)
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johnblaze
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May 02, 2013, 06:03:27 PM
 #3261


These aren't downtrends. 40% drop in 7 days isn't a downtrend.

"trend" is simply a matter of timeframe
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May 02, 2013, 06:05:48 PM
 #3262

Well I sat this one out, was nice to watch. This does however change my view slightly to...not sure really. What's a cross between a bear and a bull? Yeah that. That's me. Probably.



That reminds me, while Proudhon's latest bull-stance is off-putting it's been a while since he has popped up here. Where is our friendly bear in bull's clothing?
Is he not a bull in bear's clothing?

Something like this, perhaps?

http://i.imgur.com/aOd5Jsa.jpg
molecular
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May 02, 2013, 06:10:32 PM
 #3263

Come on someone, one more dump, only one  Grin

you've been engaged in bear-talk for 2 days, then you apparently went short at the worst possible time and now you're begging for a dump... priceless.
fitty
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May 02, 2013, 06:10:40 PM
 #3264


These aren't downtrends. 40% drop in 7 days isn't a downtrend.

"trend" is simply a matter of timeframe

Yeah Black Monday the Dow dropped 22%. They didn't call that a downtrend. We're down 26% today. Like I said, not a downtrend. People are buying *into* a crash.
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May 02, 2013, 06:11:34 PM
 #3265

Well I sat this one out, was nice to watch. This does however change my view slightly to...not sure really. What's a cross between a bear and a bull? Yeah that. That's me. Probably.

A horny bear? j/k Not going to trading here until the Gox clears that huge verification backlog.
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May 02, 2013, 06:12:22 PM
 #3266

I'm one of these bulls that is "trapped"  (bought at 120ish ) and it doesn't bother me. i will keep buying, because i have faith.

Fair play to you ... likewise I thought at the very least we would get some sort of resistance and bounce from $120 ... it had been so hyped (maybe that was the clue !).
Also bought at this level ...  but cut it when it collapsed. Expensive mistake ... but I know I could not have taken the extra pain of today's drop so no regrets.
Still think we have not seen the low yet ... but I am not a very reliable indicator  Tongue
Ivanhoe
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May 02, 2013, 06:15:14 PM
 #3267

1 minute lag, and almost no trades Roll Eyes
awakening
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May 02, 2013, 06:15:22 PM
 #3268

Ok guys, I have $25k. So somebody's got to be willing to SELL me some bitcoins @100, right?  Roll Eyes


If not, this only proves to me about the tape-painting capabilities of the PTB, and underlines the importance of developing the things in the conference: dealer network, supernode and real bills.

You know my number. I'll go to have some snails and chardonnay.

Btw, this is the last day when we see $95 EVER, you can quote me on that.  Cool

I'll sell you $25K @105/BTC

That shouldn't be a problem, he said he has UNLIMITED money  Cheesy Cheesy Cheesy

But It was a concept hard to grasp...

PD: 1 min lag at Gox ?
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May 02, 2013, 06:18:07 PM
 #3269

Yep, lots and lots of 0.01 bids happening now, price going down again.
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May 02, 2013, 06:21:19 PM
 #3270

Gox lag was late to the party, oh well, never too late for another panic time
Aseras
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May 02, 2013, 06:21:51 PM
 #3271

1 minute lag, and almost no trades Roll Eyes

thats mtlag for you.

why use a pen and paper when you have a start of the art price matching engine that works by counting apples and oranges pushed around by hamsters, that apparently are unionized.
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May 02, 2013, 06:22:46 PM
 #3272

Pretty sure this is another 0.01 DDoS?
fitty
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May 02, 2013, 06:28:18 PM
 #3273

Pretty sure this is another 0.01 DDoS?

I'd be pissed too. This bitch won't sink.
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May 02, 2013, 06:28:26 PM
 #3274

I find it funny that merely 3 hours ago many folks were predicting the end of BTC, and that it would be at $60 by the end of the day Smiley

The old-hands around here must find the hair-trigger-panic pretty amusing as well.
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May 02, 2013, 06:28:47 PM
 #3275

Volume is low. Lag over 30 seconds. Strange...
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May 02, 2013, 06:31:20 PM
 #3276

I find it funny that merely 3 hours ago many folks were predicting the end of BTC, and that it would be at $60 by the end of the day Smiley

The old-hands around here must find the hair-trigger-panic pretty amusing as well.

The slide will come gradually, just look at the charts..
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May 02, 2013, 06:34:33 PM
 #3277

I find it funny that merely 3 hours ago many folks were predicting the end of BTC, and that it would be at $60 by the end of the day Smiley

The old-hands around here must find the hair-trigger-panic pretty amusing as well.

The day is far from over yet !

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May 02, 2013, 06:44:18 PM
 #3278

0.1 bounty to the guy who drops 175k and destroys that dancing wall at 104 ;p
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May 02, 2013, 06:50:13 PM
 #3279

0.1 bounty to the guy who drops 175k and destroys that dancing wall at 104 ;p

I got some of it.
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May 02, 2013, 06:51:23 PM
 #3280

0.1 bounty to the guy who drops 175k and destroys that dancing wall at 104 ;p

I listed 105 for sale at 94 and went out.  WTF has happened while I was away - I expect the prices to be in the 80s by now  Shocked
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