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

[seleme]

rpietilla, start dumping already, what are you waiting for. let's move the things a bit 

[ChartBuddy]

[Nemo1024]

It feels like the market consists now not of bulls and bears, but of deer, ready to dash in whatever direction at the first sound of rustling leaves.

[fr33d0miz3r]

Given the API change, any news on when tradingview.com resumes charting BTCUSD from GOX?

what API change?

From what I understand a third party now broadcasts gox data.

any links?

[kwest]

It feels like the market consists now not of bulls and bears, but of deer, ready to dash in whatever direction at the first sound of rustling leaves.

Maybe beer?

[Stelios]

It feels like the market consists now not of bulls and bears, but of deer, ready to dash in whatever direction at the first sound of rustling leaves.

Maybe beer?

Dude you are the man hehehehe.

Beer respect !

[EuroTrash]

Someone is buying in 1 coin at a time at gox trying to not be a market mover i guess?

And someone else is selling one at a time.
Slightly more sellers than buyers so far...

[pickard]

Yeah; Cyprus #2 for all EU. Enjoy bank bailout now! (at your expenses)  

Damd, I guess the USD is a much safer alternative:
http://rt.com/business/budget-deal-us-trillion-063/

It must be safe when over half the nations budget is spent on defence and tapering will receive a huge boost of confidence from the markets. Bet the bears are feeling very secure with nearly 100% fiat atm

Not for long buddy... not for long...  

Didn't you hear the news, a downtrend is prophesied. Ok, it keeps going up between the dumps but its still a downtrend when zoomed out so the upward pressure must be a statistical anomaly or something. Just think how terrible it would be if that upward pressure is real and the bears have to buy back those hundreds of thousands of dumped coins.

That would be terrible.  however very basic technical analysis says that won't be the case.  Below $800 on gox within the next 24 hours.  before further drops is what I see.

[JimboToronto]

Given the API change, any news on when tradingview.com resumes charting BTCUSD from GOX?

what API change?

From what I understand a third party now broadcasts gox data.

any links?

Yeah, I'm curious about this.

Woke up to find Bitcoincharts and Bitcointicker pretty much back to normal but i286 is still indicating an API problem. i286 is my favorite Gox order book tracker.

Any word?

[nagnagnag2]

From what I understand a third party now broadcasts gox data.

where does this third party get its data from?

[pickard]

Would that be the kind of basic analyses that's pulled from ones ass? The rolling dumps aren't pushing it down, the ddos's failed and they're out of coins to dump down more than a few percent. The air's so thick with bear fear you can almost taste it, there'll be a bloodbath when the first one panics. Ahh, terrible

Would love to discuss what you just said. but i need to go out soon.

I'll just quote "they're out of coins"

see you back here in 24 hours to discuss.  

[fr33d0miz3r]

I bet so many believed all that talk of $500... suckers

So even many that we have 1000s of people who want to short BTC today on Bitfinex 

[nanobrain]

Curious - how can you surmise age from writing style? I've never heard that before (except perhaps for people so young they haven't finished school yet).

Would you care to take a shot at mine?

mid-twenties?

You can deduce as much from writing styles as you might from handwriting - it's called discourse analysis and when combined with some knowledge of social value orientations its very revealing (esp. on forums )  

If you are interested I'd start by reading anything by David Nunan.

PS Kozi...I'd say late twenties

[zakalwe]

Yeah; Cyprus #2 for all EU. Enjoy bank bailout now! (at your expenses)  

Damd, I guess the USD is a much safer alternative:
http://rt.com/business/budget-deal-us-trillion-063/

It must be safe when over half the nations budget is spent on defence and tapering will receive a huge boost of confidence from the markets. Bet the bears are feeling very secure with nearly 100% fiat atm

Not for long buddy... not for long...  

Didn't you hear the news, a downtrend is prophesied. Ok, it keeps going up between the dumps but its still a downtrend when zoomed out so the upward pressure must be a statistical anomaly or something. Just think how terrible it would be if that upward pressure is real and the bears have to buy back those hundreds of thousands of dumped coins.

That would be terrible.  however very basic technical analysis says that won't be the case.  Below $800 on gox within the next 24 hours.  before further drops is what I see.

The bad news are backed by very good news; Starting from tomorrow until wednesday there could be a spike. But eventually we will see very soon.

I prepare my horns for the bull race anyway  

[fr33d0miz3r]

Poor bears.

LOL

[Coma]

Poor bears.

LOL

Somebody should tell them that they can still buy coins partially.

[Drabla]

H4 Bfx

[rpietila]

And if you don't know that the 2011 bubble went below its previous starting point

The 2011 bubble's starting point was $0.06.
The bottom after the crash was $1.99

What is especially interesting is that if you draw a least-squares fit trendline in the logarithmic price chart here, you get the same (+/- 10%) slope as with the whole of Bitcoin's price appreciation over the 5 years of its existence. Also if you take only 2013 as your data, again, same thing.

Now be my guest and rush to buy bitcoins and not understand that this information is only available because I spent days modelling it.  

Out of curiosity when you superimposed this rally on top of those two things what does it tell you the new bottom is, when it will be met and at rate the rally will begin?

I have not done anything resembling that kind of analysis for weeks, so sorry - no new information.

Last time when I was predicting bubbles based on previous bubbles, the intraday post-bubble bottom should be about 1.7-1.9x the intraday pre-bubble ATH. So considering that the pre-bubble ATH was 266, now we are looking to have a bottom in the 452-504 range. And that is intraday, so according to this we should buy quite aggressively starting from 550, because it takes time to buy 1000s of coins.

My two calls for the high point of the bubble ($2000+ and 10kCNY+) were off.

[LOL]

https://bitcointalk.org/index.php?topic=368387.0

"BTC symbol on the USA today header? Did they get hacked or what the ?"

Anyone here know about this??

WTF!

It's a link to an article. Legit.

[CoinDox]

Uhm, not sure if this has been mentioned before but what happened at 15:00 on CA virtex?