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Question: When will we see a new ATH? (Credit to: Biodom)
2019 - 14 (8.9%)
Early 2020 - 35 (22.2%)
Late 2020 - 47 (29.7%)
Early 2021 - 14 (8.9%)
Late 2021 - 25 (15.8%)
2022 - 4 (2.5%)
2023 - 0 (0%)
2024 - 4 (2.5%)
After 2024 - 3 (1.9%)
Never - 12 (7.6%)
Total Voters: 158

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21431104 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.)
Richy_T
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May 09, 2013, 01:48:15 AM
 #6181

Isn't this assuming the price is going down?

I was going to put a low of $200.16. Maybe I didn't read the question right. :p

It is whatever you think the low will be. If you are reptilia you will post $300,000

Pfft. We won't ever see below 320,000 again!
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Richy_T
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May 09, 2013, 01:49:19 AM
 #6182

If I sell now, you can guarantee the drop will stop. Immediately.

Buy and sell with a plan. Your emotions will f*ck you over. Royally.
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May 09, 2013, 01:52:46 AM
 #6183

As the old saying says:
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Disregard emotions, acquire BTCs.
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May 09, 2013, 01:55:09 AM
 #6184

Looks like if I dropped 126 coins on gox right now I could bring the price to 108 and make 1 BTC. I wonder how many times I could do that right now? 3-4? Thoughts?
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May 09, 2013, 01:56:05 AM
 #6185

It's usually drawn as a triangle. But as someone with a physics background, I see it like this:


Right. But an alteration is required to reflect markets being different from analogue wave-forms. The Y-axis can't go below zero, so the quiescent state is at some positive value. For Bitcoin, during the first oscillation it was $115.34, the 2nd it was $114.66 and the last it is $110.36 (as it changes with time).
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May 09, 2013, 01:56:14 AM
 #6186

Looks like if I dropped 126 coins on gox right now I could bring the price to 108 and make 1 BTC. I wonder how many times I could do that right now? 3-4? Thoughts?

Scratch that buys are coming in strong for 109
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May 09, 2013, 01:56:38 AM
 #6187

Looks like if I dropped 126 coins on gox right now I could bring the price to 108 and make 1 BTC. I wonder how many times I could do that right now? 3-4? Thoughts?

Do it... and then together we buy 500!!
smoothie
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May 09, 2013, 02:03:09 AM
 #6188

If I sell now, you can guarantee the drop will stop. Immediately.

Buy and sell with a plan. Your emotions will f*ck you over. Royally.

if you learn one thing from speculation...THIS ^ should be it.

Take emotion out of it.
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May 09, 2013, 02:04:32 AM
 #6189

Looks like if I dropped 126 coins on gox right now I could bring the price to 108 and make 1 BTC. I wonder how many times I could do that right now? 3-4? Thoughts?

Do it... and then together we buy 500!!

I'm so tempted. I am watching the orders right now.
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May 09, 2013, 02:07:39 AM
 #6190

Frozenlock
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May 09, 2013, 02:08:21 AM
 #6191

Time to sell little Goomboos  Grin
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May 09, 2013, 02:08:30 AM
 #6192



Looks like a definite change of trend. Give a few more hours to confirm direction. More volume on the downside would also be expected if this is a major move.
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May 09, 2013, 02:09:05 AM
 #6193

As the old saying says:
Quote
Disregard emotions, acquire BTCs.


Richy_T
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May 09, 2013, 02:10:34 AM
 #6194

It's usually drawn as a triangle. But as someone with a physics background, I see it like this:


Right. But an alteration is required to reflect markets being different from analogue wave-forms. The Y-axis can't go below zero, so the quiescent state is at some positive value. For Bitcoin, during the first oscillation it was $115.34, the 2nd it was $114.66 and the last it is $110.36 (as it changes with time).


Sure. But the zero just means displacement from the mean. A car's suspension is a damped oscillation but that doesn't mean it goes through the road when you run over a squirrel.
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May 09, 2013, 02:13:56 AM
 #6195

As the old saying says:
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Disregard emotions, acquire BTCs.




Oh. My. Gawd.
Did you print this? Do you have the model?
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May 09, 2013, 02:14:10 AM
 #6196

I purposely only nap for 4 hours and the price dropped $5 =.='
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May 09, 2013, 02:14:15 AM
 #6197


Sure. But the zero just means displacement from the mean. A car's suspension is a damped oscillation but that doesn't mean it goes through the road when you run over a squirrel.

What is more interesting to me is why, when the oscillation has about died away, the tendency seems to be for things to fly off in one direction or the other. I don't seen any obvious mechanism.
fourkey2001
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May 09, 2013, 02:15:13 AM
 #6198


Sure. But the zero just means displacement from the mean. A car's suspension is a damped oscillation but that doesn't mean it goes through the road when you run over a squirrel.

What is more interesting to me is why, when the oscillation has about died away, the tendency seems to be for things to fly off in one direction or the other. I don't seen any obvious mechanism.

108 broken
Richy_T
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May 09, 2013, 02:15:25 AM
 #6199

As the old saying says:
Quote
Disregard emotions, acquire BTCs.




Oh. My. Gawd.
Did you print this? Do you have the model?

I was just searching randomly and

http://www.shapeways.com/model/725214/joseph-ducreux-sculpture.html?li=productBox-search

I think I may buy one myself. Very reasonably priced.

Also

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May 09, 2013, 02:16:04 AM
 #6200

Okay I just dumped 126, looking for someone else to jump on this and drive it to $108
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