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Question: Will we break out from this range to the upside or downside?
Upside - 71 (65.1%)
Downside - 38 (34.9%)
Total Voters: 109

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26177904 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. (170 posts by 5 users with 9 merit deleted.)
jl2012
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May 07, 2013, 07:11:53 AM
 #5241

Yep, Chart Buddy is totally broken.

Can't retrieve latest data? It should have a circuit break in this case
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Jaroslaw
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May 07, 2013, 07:12:59 AM
 #5242

Its now my time

Rampion
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May 07, 2013, 07:15:51 AM
 #5243

So, we're going to see 95 again?

Yes, we are. Very soon. Winter is coming  Grin
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May 07, 2013, 07:21:52 AM
 #5244

So, we're going to see 95 again?

Yes, we are. Very soon. Winter is coming  Grin

Bitcoin winter for a frozen bear...


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May 07, 2013, 07:31:04 AM
 #5245

telemaco
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May 07, 2013, 07:35:03 AM
 #5246

not that i know anything about TA, just feeling artistic




And about the actual green candle it seems similar to the ones we had in the last drop



Again just drawing lines, no ta idea. so this might also go back to 200 by bitcoin magic
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May 07, 2013, 07:57:55 AM
 #5247

Someone placing a whole lot of .01 buy orders
Brushan
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May 07, 2013, 07:58:01 AM
 #5248

It's Tuesday, banks are open and we're still in a slow decline. Very bad sign if you ask me.
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May 07, 2013, 08:06:52 AM
 #5249

Rampion
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May 07, 2013, 08:07:58 AM
 #5250

It's Tuesday, banks are open and we're still in a slow decline. Very bad sign if you ask me .

Good sign. Cheap coins ahead.

And don't fool yourself with the "new money" thing. That was valid during the bubble, as more and more more people was attracted by the incredible (and unsustainable) growth. Just check Google trends. Just look around. New money stopped pouring in at the speed we had earlier. The new money that pours in, expects cheaper coins. The bubble bursted. For the average Joe, Bitcoin is not any more a train about to leave the station.

No worries. This is good. Real economy and infrastructure needs to improve, is not yet ready for prime time.

Before reaching ATH again we will have cheap coins, and then a relatively long period of consolidation (as per 2012).
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May 07, 2013, 08:09:24 AM
 #5251

I meant a very bad sign pricewise. So you agree that it seems like we're going down?
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May 07, 2013, 08:10:35 AM
 #5252

I meant a very bad sign pricewise. So you agree that it seems like we're going down?

of course we are
rpietila
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May 07, 2013, 08:16:56 AM
 #5253

For the average Joe, Bitcoin is not any more a train about to leave the station.

Make that: "For the average Joe, Bitcoin is not yet a train about to leave the station."

- But it will be. If not this month, then the next. I called a 1-3 month consolidation in 100-120 area before a supermove up. We are right there even now, 4 weeks after the bubble burst. If I panic buy at 144 meanwhile, it is my own problem.

It has plenty of time to go to sub-$100 in May. Even as of this writing, there is $500k bid volume to 102, which is so pathetic that if I show a wall of 1k coins like I did yesterday, it will crash right here and now. It takes about 45 mins to send the coins.
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May 07, 2013, 08:26:30 AM
 #5254

Okei jätkät, nyt mennään  Grin
MickeyT2008
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May 07, 2013, 08:38:45 AM
 #5255

Which way it'll go now then?  Up or down?  How far?  Do Amazon sell crystal BTCalls?   Roll Eyes

I definitely need one, this trading in reverse I keep doing is getting tedious....   Angry
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May 07, 2013, 08:40:09 AM
 #5256

I meant a very bad sign pricewise. So you agree that it seems like we're going down?

of course we are

I've sold at 109.5 and bought back at 107.2 once already this morning.  It seems to me that we are bouncing randomly rather than heading down.
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May 07, 2013, 08:41:45 AM
 #5257

By my estimation we have not left the consolidation pattern. I do not see why we would break 95 as this would be a reversal of the pattern.
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May 07, 2013, 08:44:41 AM
 #5258


meaning?

not the text, the link ...
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May 07, 2013, 08:45:51 AM
 #5259

For the average Joe, Bitcoin is not any more a train about to leave the station.

Make that: "For the average Joe, Bitcoin is not yet a train about to leave the station."

- But it will be. If not this month, then the next. I called a 1-3 month consolidation in 100-120 area before a supermove up. We are right there even now, 4 weeks after the bubble burst. If I panic buy at 144 meanwhile, it is my own problem.

It has plenty of time to go to sub-$100 in May. Even as of this writing, there is $500k bid volume to 102, which is so pathetic that if I show a wall of 1k coins like I did yesterday, it will crash right here and now. It takes about 45 mins to send the coins.

please do then!
EDIT: Wow there is 160K BTC being transfered through many 500BTC sends right now with a very cryptic message embedded "one chinese sb which love 8". 

Whats up with that? No way that much could be sold at once. Right? *gulp*
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May 07, 2013, 08:51:08 AM
 #5260


Relayed by a finnish node. They are his coins?
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