Bitcoin Forum
November 17, 2019, 10:41:47 AM *
News: Latest Bitcoin Core release: 0.18.1 [Torrent]
 
   Home   Help Search Login Register More  
Poll
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

Pages: « 1 ... 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 [321] 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 ... 25434 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21432426 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.)
dexX7
Legendary
*
Offline Offline

Activity: 1106
Merit: 1005



View Profile WWW
May 09, 2013, 11:30:27 AM
 #6401

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



Wonderful. Here are some numbers and a chart:




1. 2013-04-30, H: 146.93
2. 2013-05-03, L:   79.00

Diff: 67.93, Center: 112.97

3. 2013-05-06, H: 124.90
4. 2013-05-07, L:   97.52

Diff: 27,38, Center: 111.21

Where are we now? ~111-112

Pure harmony.. Cheesy
1573987307
Hero Member
*
Offline Offline

Posts: 1573987307

View Profile Personal Message (Offline)

Ignore
1573987307
Reply with quote  #2

1573987307
Report to moderator
1573987307
Hero Member
*
Offline Offline

Posts: 1573987307

View Profile Personal Message (Offline)

Ignore
1573987307
Reply with quote  #2

1573987307
Report to moderator
1573987307
Hero Member
*
Offline Offline

Posts: 1573987307

View Profile Personal Message (Offline)

Ignore
1573987307
Reply with quote  #2

1573987307
Report to moderator
The Bitcoin Forum is turning 10 years old! Join the community in sharing and exploring the notable posts made over the years.
1573987307
Hero Member
*
Offline Offline

Posts: 1573987307

View Profile Personal Message (Offline)

Ignore
1573987307
Reply with quote  #2

1573987307
Report to moderator
Rampion
Legendary
*
Offline Offline

Activity: 1120
Merit: 1000


View Profile
May 09, 2013, 11:32:21 AM
 #6402

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



Wonderful. Here are some numbers and a chart:




1. 2013-04-30, H: 146.93
2. 2013-05-03, L:   79.00

Diff: 67.93, Center: 112.97

3. 2013-05-06, H: 124.90
4. 2013-05-07, L:   97.52

Diff: 27,38, Center: 111.21

Where are we now? ~111-112

Pure harmony.. Cheesy

And now is when a scared bear needs money to pay for new boat and dumps BTC60k coins... And there goes our armony Cheesy
smoothie
Legendary
*
Offline Offline

Activity: 2128
Merit: 1018


LEALANA Monero Physical Silver Coins


View Profile
May 09, 2013, 11:32:39 AM
 #6403

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



Wonderful. Here are some numbers and a chart:




1. 2013-04-30, H: 146.93
2. 2013-05-03, L:   79.00

Diff: 67.93, Center: 112.97

3. 2013-05-06, H: 124.90
4. 2013-05-07, L:   97.52

Diff: 27,38, Center: 111.21

Where are we now? ~111-112

Pure harmony.. Cheesy

And if you zoom out we have a bigger triangle.

Does everyone around here have tunnel vision? Zoom in on an ant to tell the weather forecast?
phoenix1
Hero Member
*****
Offline Offline

Activity: 798
Merit: 1000



View Profile
May 09, 2013, 11:42:54 AM
 #6404


Does everyone around here have tunnel vision?

All I see is walls ... does that count ?

This is like the Christmas day truce in World War 1 ... the bulls and bears have agreed to lay down their weapons and play football for a couple of days. Nice. Very civilised.
dexX7
Legendary
*
Offline Offline

Activity: 1106
Merit: 1005



View Profile WWW
May 09, 2013, 11:45:10 AM
 #6405

And if you zoom out we have a bigger triangle.

Does everyone around here have tunnel vision? Zoom in on an ant to tell the weather forecast?

Yes, but 266,00 and 50,10 aren't that symmetric. Tunnel vision? We see, what we want to see. Smiley
ChartBuddy
Legendary
*
Offline Offline

Activity: 1050
Merit: 1000


1PwXK9TpmmaaqaZz2eqcLkPU2C1Fcva39G


View Profile
May 09, 2013, 12:05:45 PM
 #6406

fitty
Hero Member
*****
Offline Offline

Activity: 728
Merit: 501

CryptoTalk.Org - Get Paid for every Post!


View Profile
May 09, 2013, 12:08:28 PM
 #6407

Bitcoin stability (excluding MtGox), hope this doesn't become a thing.

Bitsinmyhead
Sr. Member
****
Offline Offline

Activity: 465
Merit: 254


View Profile
May 09, 2013, 12:51:34 PM
 #6408

I don't think we've ever seen quite this level of entrenchment after January.  This might be the stability we've been waiting for Smiley

Yes if I wasnt't trading with 4:1 leverage through plus500, I might have fallen asleep  Shocked
Rampion
Legendary
*
Offline Offline

Activity: 1120
Merit: 1000


View Profile
May 09, 2013, 12:53:02 PM
 #6409

I don't think we've ever seen quite this level of entrenchment after January.  This might be the stability we've been waiting for Smiley

Yes if I wasnt't trading with 4:1 leverage through plus500, I might have fallen asleep  Shocked

shorting?

Rampion
Legendary
*
Offline Offline

Activity: 1120
Merit: 1000


View Profile
May 09, 2013, 12:56:32 PM
 #6410

ChartBuddy
Legendary
*
Offline Offline

Activity: 1050
Merit: 1000


1PwXK9TpmmaaqaZz2eqcLkPU2C1Fcva39G


View Profile
May 09, 2013, 01:05:56 PM
 #6411

fourkey2001
Newbie
*
Offline Offline

Activity: 42
Merit: 0


View Profile
May 09, 2013, 01:07:17 PM
 #6412

I don't think we've ever seen quite this level of entrenchment after January.  This might be the stability we've been waiting for Smiley

Yes if I wasnt't trading with 4:1 leverage through plus500, I might have fallen asleep  Shocked

I am doing plus500 as well.

Shorting and waiting for it to get to 95
Jaroslaw
Member
**
Offline Offline

Activity: 84
Merit: 10


supernode


View Profile
May 09, 2013, 01:11:49 PM
 #6413



Stop spamming dumpbass
Nightowlace
Hero Member
*****
Offline Offline

Activity: 784
Merit: 1000


Bulls On Parade


View Profile WWW
May 09, 2013, 01:12:09 PM
 #6414

Someone go poke some bears and I will get out my red flag for the bulls. I feel like halftime should be over by now.
el_rlee
Legendary
*
Offline Offline

Activity: 1584
Merit: 1005



View Profile
May 09, 2013, 01:13:29 PM
 #6415

I don't think we've ever seen quite this level of entrenchment after January.  This might be the stability we've been waiting for Smiley

Yes if I wasnt't trading with 4:1 leverage through plus500, I might have fallen asleep  Shocked

I am doing plus500 as well.

Shorting and waiting for it to get to 95

Who borrows you the Bitcoin on plus500 when you go short?
What's the interest?
gizmoh
Legendary
*
Offline Offline

Activity: 1414
Merit: 1000



View Profile
May 09, 2013, 01:14:07 PM
 #6416

I believe there is a problem with the API , the bots are inoperable,hence there is currently lack of action!!
Rampion
Legendary
*
Offline Offline

Activity: 1120
Merit: 1000


View Profile
May 09, 2013, 01:15:25 PM
 #6417

I don't think we've ever seen quite this level of entrenchment after January.  This might be the stability we've been waiting for Smiley

Yes if I wasnt't trading with 4:1 leverage through plus500, I might have fallen asleep  Shocked

I am doing plus500 as well.

Shorting and waiting for it to get to 95

Who borrows you the Bitcoin on plus500 when you go short?
What's the interest?

Nobody lends you nothing. They are CFD's (https://en.wikipedia.org/wiki/Contract_for_difference) - one of the many financial scams AKA derivatives that Bitcoin was meant to fight.
cerebellum
Newbie
*
Offline Offline

Activity: 24
Merit: 0


View Profile
May 09, 2013, 01:19:22 PM
 #6418

http://bitcoincharts.com/charts/chart.png?width=940&m=mtgoxUSD&SubmitButton=Draw&r=5&i=2-hour&c=1&s=2013-05-05&e=2013-05-09&Prev=&Next=&t=S&b=&a1=EMA&m1=11&a2=EMA&m2=21&x=1&i1=RSI&i2=&i3=&i4=&v=1&cv=0&ps=0&l=0&p=0&
RSI flatline at exactly 50, with ridiculously low volumes. I don't know what to think.
This being Bitcoin, it has to mean that something is about to get kicked loose, right?
michaelGedi
Sr. Member
****
Offline Offline

Activity: 364
Merit: 250


"to be or not to be, that is the bitcoin"


View Profile
May 09, 2013, 01:20:43 PM
 #6419

Quote
Buying or selling now is just a gamble.

so basically as the market consolidates, everyone is waiting for the next move...

It's essentially a case of who takes the initiative first as far as I see it. The price is settling now and the vast majority are playing "wait and see".

The dumpers will have perhaps played their hands already... the DDOS-ing recently may well be an attempt to break the consolidation downwards and gain cheap coins, possibily as they are worried about the "green" outcome.


Considering the massive amount of media coverage and slowly turning positive spin, and the fact the whole world has either glimpsed or is watching Bitcoin, I think further growth is in order. On a slightly different note I also think it's time those sitting on coins they have been hoarding start to invest COINS in the infrastructure, it will do them and everyone else some good. I would also argue that a return to the January trendline makes sense considering the exposure that bitcoin has had.

I don't believe all the bulls have played their hands yet -

If you are one of the many on this thread waiting for cheap coins in the hope that the price will rise again afterwards, you should know exactly what to do. Buy now and establish the gradual uptrend, don't wait and see and either A - potentially be left behind, or B - allow the drop to happen and potentially establish a downtrend. The kind of impact this would have (discounting a possible massive fuck up on the side of MtGox and/or any other fairly catastrophic event that would affect the price in the same way) will be positive for bitcoin in the longer term. People are sheep and they need some renegade sheep to break out and follow - sheep bulls.

Of course, I'm looking at the possible outcome through my own rose tinted glasses. I want bitcoin to grow for a variety of reasons including my own personal gain. I'm tired of waiting for the perfect buy in point and I believe it may well be sitting right in front of us staring us in the face.

I'll be taking that "gamble" in the next 10 hours and then probably buying some ASICMINER shares to hold for the mid/long term.


Just some thoughts there that you may or may not find helpful or interesting
Bitsinmyhead
Sr. Member
****
Offline Offline

Activity: 465
Merit: 254


View Profile
May 09, 2013, 01:21:37 PM
 #6420


I am doing plus500 as well.

Shorting and waiting for it to get to 95

Waiting for it to hit $115-120, before I turn around and short, but good luck Smiley
Pages: « 1 ... 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 [321] 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 ... 25434 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!