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Question: When will we see a new ATH? (Credit to: Biodom)
2019 - 14 (8.6%)
Early 2020 - 35 (21.6%)
Late 2020 - 50 (30.9%)
Early 2021 - 14 (8.6%)
Late 2021 - 26 (16%)
2022 - 4 (2.5%)
2023 - 0 (0%)
2024 - 4 (2.5%)
After 2024 - 3 (1.9%)
Never - 12 (7.4%)
Total Voters: 162

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21432319 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. (129 posts by 23 users deleted.)
Jaques
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May 08, 2013, 08:41:23 PM
 #6101

I have updated my recent analysis (I can see why you guys have so much fun with this line drawing business)



While the tone is rather playful  Cheesy, the general gist of the above chart holds some weight in my opinion

it does ... +1
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Quantum_Negatum
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May 08, 2013, 08:41:38 PM
 #6102

Are we pretending more than 10% of the buy "support" under $100 is real?  If so, why?

Because 250k coins were purchased during the testing of $50, and another 100k coins during the recent testing of $80? And this is only the amount purchased in the few hours directly surrounding these lows.

And we are certain that the majority of those coins were not purchased by the bots who removed their walls crashing the market in the first place?

Wait, we're certain that there are bots who removed the walls and crashed the market? Lets examine that a little more first.

As a member of the GoxBot collective I do not need to examine this any further. We know.
wachtwoord
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May 08, 2013, 08:46:56 PM
 #6103

Are we pretending more than 10% of the buy "support" under $100 is real?  If so, why?

Because 250k coins were purchased during the testing of $50, and another 100k coins during the recent testing of $80? And this is only the amount purchased in the few hours directly surrounding these lows.

And we are certain that the majority of those coins were not purchased by the bots who removed their walls crashing the market in the first place?

Wait, we're certain that there are bots who removed the walls and crashed the market? Lets examine that a little more first.

As a member of the GoxBot collective I do not need to examine this any further. We know.

OMG Skynet!
bangersdad
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May 08, 2013, 08:58:25 PM
 #6104

I'm still thinking it's going to be a very very heavy sell off. I don't know man, just got this tickling feeling in my tummy. Sad

+1
Quantum_Negatum
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May 08, 2013, 09:02:34 PM
 #6105

I'm still thinking it's going to be a very very heavy sell off. I don't know man, just got this tickling feeling in my tummy. Sad

+1

Those tickles are nanoGoxBots slowly assimilating you. I look forward to our union.
Multifarious
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May 08, 2013, 09:08:08 PM
 #6106

Are we pretending more than 10% of the buy "support" under $100 is real?  If so, why?

Because 250k coins were purchased during the testing of $50, and another 100k coins during the recent testing of $80? And this is only the amount purchased in the few hours directly surrounding these lows.

And we are certain that the majority of those coins were not purchased by the bots who removed their walls crashing the market in the first place?

Wait, we're certain that there are bots who removed the walls and crashed the market? Lets examine that a little more first.

As a member of the GoxBot collective I do not need to examine this any further. We know.

Pics or it didn't happen.
MickeyT2008
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May 08, 2013, 09:09:55 PM
 #6107

It looks like things might begin to move now - I hope so as this is getting tedious
Rampion
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May 08, 2013, 09:12:11 PM
 #6108

Bears are loosing momentum. Bid sum creeping up, ask sum is stable ATM.

Kinda like this equilibrium. Delusional greed is coming to terms with reality, and irrational fear is being left behind. In the meantime, news on mainstream media are still positive, and much work is done in projects surrounding Bitcoin.

I'm starting to feel my inner bull tickling my buy button with his horn Cheesy
fourkey2001
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May 08, 2013, 09:15:51 PM
 #6109

What beats everything is starting a rally with your wrong order and gaining instead of losing out of pure luck. Smiley
I admire your bot, Richie!

Push the buying...this will fall like crazy!

113 now... Nothing to push it up. BTC has lost the faith at higher prices.

We want a stable currency not a crazy one.

Let it go down and it will be stable then.
afbitcoins
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May 08, 2013, 09:18:03 PM
 #6110

I have updated my recent analysis (I can see why you guys have so much fun with this line drawing business)



While the tone is rather playful  Cheesy, the general gist of the above chart holds some weight in my opinion

it does ... +1

Liking the chart, never thought of putting choo choo trains on my charts yet  Cheesy
cedivad
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May 08, 2013, 09:21:46 PM
 #6111

BTW.. 320 pages of thread in 20 days?
It's a bubble!

The old one was more than one year old when it crossed 1000 pages...

Amazing!
Richy_T
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May 08, 2013, 09:26:18 PM
 #6112

BTC has lost the faith at higher prices.

OTOH, it has shown it can go high. Might be a race to see who can pick the top.

Personally, I think some longer-term stability would be for the best but it'll do what it will do.
hlynur
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May 08, 2013, 09:26:46 PM
 #6113

BTW.. 320 pages of thread in 20 days?
It's a bubble!

The old one was more than one year old when it crossed 1000 pages...

Amazing!

you forgot this is HARDCORE version. that old stuff was for the wimps Cheesy
...aaaand we had quite some bitchfighting going on.
SAQ
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May 08, 2013, 09:27:45 PM
 #6114

I can see dry paint.

Does anyone have any theory as to why we've stopped at 112-114?
mccorvic
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May 08, 2013, 09:27:53 PM
 #6115

BTW.. 320 pages of thread in 20 days?
It's a bubble!

The old one was more than one year old when it crossed 1000 pages...

Amazing!

I miss the old thread Sad
wachtwoord
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May 08, 2013, 09:29:01 PM
 #6116

BTC has lost the faith at higher prices.

OTOH, it has shown it can go high. Might be a race to see who can pick the top.

Personally, I think some longer-term stability would be for the best but it'll do what it will do.

That's the pattern every time. Short massive growth bursts with long relatively stable/slightly descending periods. Slowly acquire coins and sit it out through the volatility.
tHash
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May 08, 2013, 09:35:00 PM
 #6117


Push the buying...this will fall like crazy!

113 now... Nothing to push it up. BTC has lost the faith at higher prices.

We want a stable currency not a crazy one.

Let it go down and it will be stable then.

It is stabilizing, right where we are.  

You might say that BTC has gained the faith at any lower prices.   It's called consolidation.   If bid sum was falling during consolidation, then we would see a breakout downwards.   It has however been rising.   More likely to breakout upwards, only there is no way to know.   I am still not all in . . .

There is way too much support growing to ever see the prices you seem to want.   The only reason to want the price down is so that you can buy in, and then what?  Celebrate when it goes up 150%?   It makes more sense that you buy in now, and gain 150% from here, and it would be better for BTC if you buy in now and "only" realize a 50% increase.

If BTC goes down as much as you want, it will do anything but stabilize.
MickeyT2008
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May 08, 2013, 09:35:43 PM
 #6118

It looks like things might begin to move now - I hope so as this is getting tedious
I suppose this wasn't entirely accurate
fitty
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May 08, 2013, 09:37:25 PM
 #6119

I can see dry paint.

Does anyone have any theory as to why we've stopped at 112-114?

Look at the ask bids 114-120. Bouncing between 14k-20k. Way too many coins for a $6 span. Unless someone drops 2M we're not going up for the time being.
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May 08, 2013, 09:39:01 PM
 #6120

http://www.sierrachart.com/image.php?l=1368049095280.png

We could go up to the 120 if it goes up now?
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