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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26369954 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.)
aminorex
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January 16, 2014, 06:35:43 PM
 #76701

we've been moving up about USD 0.50 per hour since 21 december, with remarkably little variance.  i'm not sure how that can be construed bearishly.  i admit that i am trying nonetheless.
Trends were meant to be broken! Cheesy

Speaking of which, the trend on Huobi is down ~ 50 CNY ($8.50) per day since 11/18.

Nice call on the 907 level, by the way.  I had thought 880 was the pivot, but bitcoin does tend to surprise with the vigor of its moves, and you understood, anticipated that vigor better than I.

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alexeft
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January 16, 2014, 06:38:33 PM
 #76702

WTF is going on? Such low volume on gox?
 Huh
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January 16, 2014, 06:42:44 PM
 #76703

WTF is going on? Such low volume on gox?
 Huh

Gox sucks ass. Low volume there is a good thing.
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January 16, 2014, 06:43:39 PM
 #76704

WTF is going on? Such low volume on gox?
 Huh
Low volume everywhere
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January 16, 2014, 06:49:32 PM
 #76705

we've been moving up about USD 0.50 per hour since 21 december, with remarkably little variance.  i'm not sure how that can be construed bearishly.  i admit that i am trying nonetheless.
Trends were meant to be broken! Cheesy

Speaking of which, the trend on Huobi is down ~ 50 CNY ($8.50) per day since 11/18.

Nice call on the 907 level, by the way.  I had thought 880 was the pivot, but bitcoin does tend to surprise with the vigor of its moves, and you understood, anticipated that vigor better than I.

Thanks! Embarrassed

$880 very well could have been it, and anyone who exited there made an excellent trade. I certainly sold some there. My initial expectation during the surge was no higher than the $880 level, but I often have to remind myself that bitcoin often simply pushes up one more resistance level than we expect. I think this happens so bears lose as much as possible when they second guess themselves calling a reversal. Cheesy
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January 16, 2014, 06:56:52 PM
 #76706

JorgeStolfi
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January 16, 2014, 06:59:03 PM
 #76707

Speaking of which, the trend on Huobi is down ~ 50 CNY ($8.50) per day since 11/18.
... and UP ~ 100 CNY/day since 12/17, and DOWN ~ 100 CNY/day since 01/05, and ...

 Cool
aminorex
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January 16, 2014, 07:00:31 PM
 #76708

with remarkably little variance.
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January 16, 2014, 07:04:05 PM
 #76709

WTF is going on? Such low volume on gox?
 Huh
Low volume everywhere

Why?

Waiting for china?
bambou
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January 16, 2014, 07:06:50 PM
 #76710

WTF is going on? Such low volume on gox?
 Huh
Low volume everywhere

Why?

Waiting for china?

hodlers
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January 16, 2014, 07:10:42 PM
 #76711

Two consolidation patterns to consider:


aminorex
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January 16, 2014, 07:11:31 PM
 #76712

presumably any mining sales should be showing up on stamp.  counterarguments?
i see no evidence of such.  i don't think antminers at 3btc break even here.  if so, then barely.
when difficulty spikes up due to cointerra shipping, those boxes will be immediately profitable, which should precipitate some prompt flipping.

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January 16, 2014, 07:13:15 PM
 #76713

Two consolidation patterns to consider:
[ 3 bearish charts ]
this looks bearish to me.
alexeft
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January 16, 2014, 07:16:20 PM
 #76714


There are 25k coins to buy just on gox!!!!
They are still cheap!
deepceleron
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January 16, 2014, 07:21:05 PM
 #76715




OTOH, shuts up the "It's too volatile to be used as a currency, who would take something that's worth half tomorrow and twice the day after?" trolling.
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January 16, 2014, 07:22:47 PM
 #76716

JorgeStolfi
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January 16, 2014, 07:24:40 PM
 #76717

Volume of BTC to/from USD and other national currencies, for 2014-01-14 (kBTC):


  Bitstamp   12.3
  BTC-e       9.8
  BitFinEx    7.1
  MtGOX       6.4

  SUBTOTAL   35.6

  Huobi      91.4
  OKCoin     22.2
  BTC-China   5.6

  SUBTOTAL  119.2

  TOTAL     154.8


Numbers collected by hand from the Bitcoinwisdom charts, may be wrong.

The Coinbase volume is not available at Bitcoinwisdom. Other exchanegs seem to have much less than 500 BTC volume each (not included above).

The Huobi volume is somewhat below its daily average; the same may be true for the other exchanges as well.
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January 16, 2014, 07:26:36 PM
 #76718

Here is an obscenely bullish desktop wallpaper (for usage as pr0n substitute), concentrating at this multiple times a day for 2 minutes each time will release endorphins and convert every bear into a bull after long enough exposure. I have made it 1024*768 for old laptops, I can make higher resolutions too.  Grin
alexeft
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January 16, 2014, 07:33:40 PM
 #76719

Volume of BTC to/from USD and other national currencies, for 2014-01-14 (kBTC):


  Bitstamp   12.3
  BTC-e       9.8
  BitFinEx    7.1
  MtGOX       6.4

  SUBTOTAL   35.6

  Huobi      91.4
  OKCoin     22.2
  BTC-China   5.6

  SUBTOTAL  119.2

  TOTAL     154.8


Numbers collected by hand from the Bitcoinwisdom charts, may be wrong.

The Coinbase volume is not available at Bitcoinwisdom. Other exchanegs seem to have much less than 500 BTC volume each (not included above).

The Huobi volume is somewhat below its daily average; the same may be true for the other exchanges as well.

Not bad!!! Thanks!
T.Stuart
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January 16, 2014, 07:37:46 PM
 #76720

The Sacramento Kings news seems to be going viral. How come this is the biggest Bitcoin-related news for weeks?
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