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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26369893 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. (174 posts by 3 users with 9 merit deleted.)
Davyd05
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January 05, 2014, 11:19:05 PM
 #72521

This rally will probably eventually touch the ATH - possibly even break it - and then after a double top we'll retest the 500s again (huobi scandals or a harsher china banhammer).

so you hope

sorry we only went up 200 dollars in price over the weekend lol
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ablewasiereisawelba
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January 05, 2014, 11:23:10 PM
 #72522

This rally will probably eventually touch the ATH - possibly even break it - and then after a double top we'll retest the 500s again (huobi scandals or a harsher china banhammer).

You can't break the ATH and have a double top.
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January 05, 2014, 11:25:48 PM
 #72523

This rally will probably eventually touch the ATH - possibly even break it - and then after a double top we'll retest the 500s again (huobi scandals or a harsher china banhammer).

You can't break the ATH and have a double top.

Why not? We can break the ATH and form a double top on 1243.

Why?

'cause we can!
ablewasiereisawelba
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January 05, 2014, 11:27:47 PM
 #72524

This rally will probably eventually touch the ATH - possibly even break it - and then after a double top we'll retest the 500s again (huobi scandals or a harsher china banhammer).

You can't break the ATH and have a double top.

Why not? We can break the ATH and form a double top on 1243.

Why?

'cause we can!
That's an upward trend. Wink
TiagoTiago
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January 05, 2014, 11:28:49 PM
 #72525

Over 1k again!
JimboToronto
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January 05, 2014, 11:30:30 PM
 #72526

I bought some on ebay with paypal for $13
Those were the days.

Even last winter I was scratching my head at Paypal's stubborn reluctance to accept payment in bitcoins. Obviously as an online payment service they considered Bitcoin to be a competitive threat, but using it as an internal means of quickly and cheaply moving large amounts of money internationally seemed a no-brainer.

As a division of eBay, it makes even more sense to accept payment in bitcoins. They are already a de facto currency exchange. If I buy something in Euros, AUD, USD, etc., and pay for it with my CAD Paypal account they automatically convert my fiat.

The trouble is that because I refuse to use credit cards, it takes a week to transfer fiat from my Canadian bank to Paypal, and while I try to keep a couple of thousand dollars in my PP account, sometimes it's not enough. If I could add money to my PP account in less than 10 minutes with Bitcoin, I could bid on a sweet deal or exercise a buy-it-now that I would miss otherwise.

Paypal would still get their payment fee, plus whatever they make on the exchange, and their parent company would make their end on the eBay sale. It seems like win-win all around. They're just being stubborn.
dgarcia
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January 05, 2014, 11:32:44 PM
 #72527

Over 1k again!

Please stop posting this.

Take it as nothing had happend ;-)
Davyd05
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January 05, 2014, 11:33:35 PM
 #72528

so you hope

sorry we only went up 200 dollars in price over the weekend lol

So? rallies in a bear market is not something out of the ordinary. A lot of fools will be trapped in the ATH range.

bear market shmear market... it's only bear cause people spread such fear that China was all out of BTC...while Huobi NEVER STOPPED ACCEPTING CNY DEPOSITS (to my knowledge) stole all the chinese market share for a short period and so the train resumed...

All in all we were at 455 a month ago...I guess I should consider that a month long rally then I guess
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January 05, 2014, 11:37:28 PM
 #72529

Over 1k again!

Please stop posting this.

Take it as nothing had happend ;-)

wake me up when it recrosses exp(0)=1 t.oz. Au.
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January 05, 2014, 11:38:28 PM
 #72530

Over 1k again!

Please stop posting this.

Take it as nothing had happend ;-)

wake me up when it recrosses exp(0)=1 t.oz. Au.

what is the price of gold again Grin
adamstgBit
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January 05, 2014, 11:44:17 PM
 #72531

really bullish action the past few days... how long can it last? how high can it go! soooo exciting  Cheesy
JimboToronto
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January 05, 2014, 11:44:33 PM
 #72532

So? rallies in a bear market is not something out of the ordinary. A lot of fools will be trapped in the ATH range.

Bear market?

LOLOLOLOLOL

hahahahaha

 Smiley Wink Cheesy Grin

Close to 3 weeks of pretty much steadily increasing prices from capitulation at 455 to today's 4 digits (at Gox but the other exchanges are closely parallel) and you think it's a bear market?

If this is a bear market, I'd like to see what you consider a bull market.
Walsoraj
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January 05, 2014, 11:45:38 PM
 #72533

You are all underestimating the inevitable reports from china about the extent of price manipulation. Krugman and others will jump all over the news. We will inundated with articles about the real forces behind the bubble.
T.Stuart
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January 05, 2014, 11:46:42 PM
 #72534

So? rallies in a bear market is not something out of the ordinary. A lot of fools will be trapped in the ATH range.

Oh my! I appear to have got caught in a perpetual bull trap!  Cheesy
Richard Branson
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January 05, 2014, 11:47:10 PM
 #72535

Huobi has over 60% "volume"... it will vanish on jan 31!
This is the last runup before the final capitulation. We'll probably see another ATH before that. Just don't forget to take profits above 1200$.

And yes, I'm long term bullish. But china needs to get out of the game. They fake anything. Watches, clothes, cars, ... even business reports.
Davyd05
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January 05, 2014, 11:48:57 PM
 #72536

Huobi has over 60% "volume"... it will vanish on jan 31!
This is the last runup before the final capitulation. We'll probably see another ATH before that. Just don't forget to take profits above 1200$.

And yes, I'm long term bullish. But china needs to get out of the game. They fake anything. Watches, clothes, cars, ... even business reports.

cool story, you know what the Chinese plan to do before they know. Carry on folks, just some crystal ballin'
aminorex
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January 05, 2014, 11:51:41 PM
 #72537

Huobi has over 60% "volume"... it will vanish on jan 31!
This is the last runup before the final capitulation. We'll probably see another ATH before that. Just don't forget to take profits above 1200$.

Perhaps.  Meanwhile, gox has a double bottom and stamp appears to be experiencing a series of higher lows on the 5 minute chart.   Either a bearish pennant or the start of another overnight run-up.  

Patterns are wonderful things.  You can pick N of them to justify whatever conclusion you wish to make.
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January 05, 2014, 11:51:54 PM
Last edit: January 06, 2014, 12:09:18 AM by dgarcia
 #72538

We are forming a new consolidation pattern on Gox.



So. Time to go to bed :-)
aminorex
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January 05, 2014, 11:55:24 PM
 #72539

Nurikabe just disappeared on stamp.  Where there's one, there are more.
Davyd05
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January 05, 2014, 11:55:26 PM
 #72540

really bullish action the past few days... how long can it last? how high can it go! soooo exciting  Cheesy


I got to get on to making a graph of the bitcoin price vs hours of regular sleep lol D:
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