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News: Help collect the most notable posts made over the last 10 years.
 
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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 21431116 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.)
ronaldlee0917
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May 10, 2013, 05:27:20 PM
 #6941

Must admit, I am a bit surprised ... expected a bit more follow through and volume on this breakout
Don't know what, if anything to read into that other than that my expectations were wrong  Tongue

The volume isn't bad, especially compared to the past couple of days. And the day is still young, the best is perhaps yet to come. Smiley
Bull flag in the making
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Dumbastronaut
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May 10, 2013, 05:28:35 PM
 #6942

My gut is screaming bull trap
KillaMarci
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May 10, 2013, 05:32:06 PM
 #6943

My gut is screaming bull trap

My gut is screaming bull trap, bear market, capitulation, and bear trap all at the same time.


Getting mixed signals here.
michaelGedi
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May 10, 2013, 05:38:37 PM
 #6944



fairly large bid walls back to 108 - a few big fakes in the mix?
notme
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May 10, 2013, 05:40:08 PM
 #6945

My gut is screaming bull trap

My gut is screaming bull trap, bear market, capitulation, and bear trap all at the same time.


Getting mixed signals here.

Sounds like you just have indigestion.
Rampion
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May 10, 2013, 05:43:27 PM
 #6946

Ok, i did market orders only today. I'm tired of trading this thing. (i was waiting for a re-entry point since when i sold everything at 110, i kicked myself not to have bought at 78$).
I bought at 122 and sold at 119. I bought again at 121 (5% of losses only for this move?).

Cashed out to a paper wallet, i don't want to see mtgox again for the next 2 months. I reached the 0.29% trading fees, they want me to get addicted. I have other things to do in the meanwhile, the only choose was between staying all in or all out.

Bitcoin conference, lot of positive media reviews, lot of buzz, 40k btc on buy orders from here to 100$, i don't think that this will be another 2011, but this confidence should tell me that maybe everything is out there to convince me to do the wrong choice.

We will see, bitcoin. 2 months from now, we will see.

Best of luck my friend. I have also made some buys, I have left only 20% of the fiat I devoted to "catch the best entry points" after the burst, the rest is on BTC. My feeling is the same as yours. This is no 2011.
rezurect
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May 10, 2013, 05:57:30 PM
 #6947

On btc-e:
All the altcoins including LTC went down with BTC,  Only NVC stood still, its moving up now ?? wtf?
Piper67
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May 10, 2013, 06:00:46 PM
 #6948

My gut is screaming bull trap

My gut is screaming bull trap, bear market, capitulation, and bear trap all at the same time.


Getting mixed signals here.

Once, when asked about his gut feeling, Carl Sagan said: "I'd really rather not think with my gut, my brain does the job a lot better"  Grin
ChartBuddy
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1PwXK9TpmmaaqaZz2eqcLkPU2C1Fcva39G


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May 10, 2013, 06:02:14 PM
 #6949

lebing
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Enabling the maximal migration


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May 10, 2013, 06:05:09 PM
 #6950



lol nice.
UltimateReaper
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May 10, 2013, 06:05:21 PM
 #6951

My gut is screaming bull trap

My gut is screaming bull trap, bear market, capitulation, and bear trap all at the same time.


Getting mixed signals here.

Once, when asked about his gut feeling, Carl Sagan said: "I'd really rather not think with my gut, my brain does the job a lot better"  Grin

Don't prodigies and athletes use the least amount of brain power? In fact high level operation has often been (curiously) linked to lower brain activity. Perhaps this has something to do with the subconscious. Anyways, I'm sticking to what I thought 10 or so days ago: downtrend.

Edit: that being said... I'm getting super impatient.
lebing
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May 10, 2013, 06:10:08 PM
 #6952

My gut is screaming bull trap

My gut is screaming bull trap, bear market, capitulation, and bear trap all at the same time.


Getting mixed signals here.

Once, when asked about his gut feeling, Carl Sagan said: "I'd really rather not think with my gut, my brain does the job a lot better"  Grin

Don't prodigies and athletes use the least amount of brain power? In fact high level operation has often been (curiously) linked to lower brain activity. Perhaps this has something to do with the subconscious. Anyways, I'm sticking to what I thought 10 or so days ago: downtrend.

Edit: that being said... I'm getting super impatient.

This pretty much sums up the market at the moment. Everyone thinks they will be able to get cheaper coins... but the longer they wait, the less likely that becomes. Once the bids exceed the all time high (not far off), I can see a massive spell of panic buying ensuing.
wobber
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May 10, 2013, 06:13:35 PM
 #6953

My gut is screaming bull trap

My gut is screaming bull trap, bear market, capitulation, and bear trap all at the same time.


Getting mixed signals here.

Once, when asked about his gut feeling, Carl Sagan said: "I'd really rather not think with my gut, my brain does the job a lot better"  Grin

Don't prodigies and athletes use the least amount of brain power? In fact high level operation has often been (curiously) linked to lower brain activity. Perhaps this has something to do with the subconscious. Anyways, I'm sticking to what I thought 10 or so days ago: downtrend.

Edit: that being said... I'm getting super impatient.

This pretty much sums up the market at the moment. Everyone thinks they will be able to get cheaper coins... but the longer they wait, the less likely that becomes. Once the bids exceed the all time high (not far off), I can see a massive spell of panic buying ensuing.

I was thinking the same thing. I see too many people waiting to buy lower and just can't stop thinking.. what if they won't be able to do so.

But also, when so many people think the same, a new low might happen.
wonkytonky
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iota the future


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May 10, 2013, 06:14:23 PM
 #6954

My gut is screaming bull trap

My gut is screaming bull trap, bear market, capitulation, and bear trap all at the same time.


Getting mixed signals here.

Once, when asked about his gut feeling, Carl Sagan said: "I'd really rather not think with my gut, my brain does the job a lot better"  Grin

Don't prodigies and athletes use the least amount of brain power? In fact high level operation has often been (curiously) linked to lower brain activity. Perhaps this has something to do with the subconscious. Anyways, I'm sticking to what I thought 10 or so days ago: downtrend.

Edit: that being said... I'm getting super impatient.

This pretty much sums up the market at the moment. Everyone thinks they will be able to get cheaper coins... but the longer they wait, the less likely that becomes. Once the bids exceed the all time high (not far off), I can see a massive spell of panic buying ensuing.

lol that's what i'm seeing.. people selling below 118   and the ask price sticks to 118, so anyone has to buy them coins back more expensive

i want to buy in but i'd bring price over 120$ with  massive slippage..
put some asks up there people!..
byronbb
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May 10, 2013, 06:15:03 PM
 #6955

My gut is screaming bull trap

My gut is screaming bull trap, bear market, capitulation, and bear trap all at the same time.


Getting mixed signals here.

Once, when asked about his gut feeling, Carl Sagan said: "I'd really rather not think with my gut, my brain does the job a lot better"  Grin

Don't prodigies and athletes use the least amount of brain power? In fact high level operation has often been (curiously) linked to lower brain activity. Perhaps this has something to do with the subconscious. Anyways, I'm sticking to what I thought 10 or so days ago: downtrend.

Edit: that being said... I'm getting super impatient.


For sure. All breakthrough discoveries are of inspiration not cold logic.
UltimateReaper
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May 10, 2013, 06:20:15 PM
 #6956

My gut is screaming bull trap

My gut is screaming bull trap, bear market, capitulation, and bear trap all at the same time.


Getting mixed signals here.

Once, when asked about his gut feeling, Carl Sagan said: "I'd really rather not think with my gut, my brain does the job a lot better"  Grin

Don't prodigies and athletes use the least amount of brain power? In fact high level operation has often been (curiously) linked to lower brain activity. Perhaps this has something to do with the subconscious. Anyways, I'm sticking to what I thought 10 or so days ago: downtrend.

Edit: that being said... I'm getting super impatient.

This pretty much sums up the market at the moment. Everyone thinks they will be able to get cheaper coins... but the longer they wait, the less likely that becomes. Once the bids exceed the all time high (not far off), I can see a massive spell of panic buying ensuing.

I'm willing to buy back in at a loss, even if it makes me bleed out, it's been far too long for the case to be otherwise, however, I'm still kind of thinking that BTC is overvalued at the moment. I'm leaving emotion out of this. It seems like bulls are always the same, and while I'm not a bear I just can' see sustainable growth right now.
Miz4r
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May 10, 2013, 06:24:20 PM
 #6957

It's very simple, once everyone is a bull we've reached the top and we're going down hard. When everyone is a bear waiting for cheaper coins the market will go up, hard. When it's a 50/50 mix we're probably going nowhere and there's only consolidation.
lebing
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May 10, 2013, 06:39:50 PM
 #6958

My gut is screaming bull trap

My gut is screaming bull trap, bear market, capitulation, and bear trap all at the same time.


Getting mixed signals here.

Once, when asked about his gut feeling, Carl Sagan said: "I'd really rather not think with my gut, my brain does the job a lot better"  Grin

Don't prodigies and athletes use the least amount of brain power? In fact high level operation has often been (curiously) linked to lower brain activity. Perhaps this has something to do with the subconscious. Anyways, I'm sticking to what I thought 10 or so days ago: downtrend.

Edit: that being said... I'm getting super impatient.

This pretty much sums up the market at the moment. Everyone thinks they will be able to get cheaper coins... but the longer they wait, the less likely that becomes. Once the bids exceed the all time high (not far off), I can see a massive spell of panic buying ensuing.

I'm willing to buy back in at a loss, even if it makes me bleed out, it's been far too long for the case to be otherwise, however, I'm still kind of thinking that BTC is overvalued at the moment. I'm leaving emotion out of this. It seems like bulls are always the same, and while I'm not a bear I just can' see sustainable growth right now.

The Venture capital, techcrunch activity and China are all massive, massive indicators on a medium/ long term... which is why I'm surprised we are not seeing more activity. Seems many are like you, not noticing how big these impacts will be. When the products/ deals/ whatever they spawn are announced (or before they are announced), make no mistake, it will be vicious and many hoping for cheap coins will be left on the sidelines.
michaelGedi
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May 10, 2013, 06:45:30 PM
 #6959



where can I find the bid/ask sum charts guys?
dexX7
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May 10, 2013, 06:46:12 PM
 #6960



where can I find the bid/ask sum charts guys?

www.blockchained.com - scroll till the end. Smiley
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