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Question: Jan. 17 Closing Price:
$0 - 3 (2.7%)
<$6500 - 5 (4.5%)
$6,500-$7,000 - 6 (5.4%)
$7,000-$7,500 - 8 (7.2%)
$7,500-$8,000 - 16 (14.4%)
$8,000-$8,500 - 25 (22.5%)
$8,500-$9,000 - 10 (9%)
$9,000-$9,500 - 15 (13.5%)
>$9,500 - 23 (20.7%)
Total Voters: 111

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21494886 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. (138 posts by 32 users deleted.)
aminorex
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February 09, 2014, 02:21:42 PM
 #85081

I  just don't understand this current upward drift in price. Unless people are bored on Sunday.
Ran out of coins.
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billyjoeallen
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February 09, 2014, 02:22:56 PM
 #85082

That buy on Stamp was maybe the most retard behavior i have seen there in the last weeks...

The dumps down to 619 were pretty good as well ^ ^.

I was just thinking the same thing. That's a $140 swing in just over 2 days. Still way too early to tell if it's a dead cat bounce or not, but it could be a real bottom. I made a little money, just enough to fight another day. TERA knows her shit and it's tough to take money off of her, so I savor these little victories :-D
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February 09, 2014, 02:24:03 PM
 #85083

I  just don't understand this current upward drift in price. Unless people are bored on Sunday.

Bored and greedy. As this day comes to an end, so will the uptrend.
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February 09, 2014, 02:27:51 PM
 #85084

I  just don't understand this current upward drift in price. Unless people are bored on Sunday.

Bored and greedy. As this day comes to an end, so will the uptrend.

That's possible, Newbie, but it's also possible that the worm has turned. Every torrent begins with a trickle.
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February 09, 2014, 02:32:36 PM
 #85085

I  just don't understand this current upward drift in price. Unless people are bored on Sunday.

Bored and greedy. As this day comes to an end, so will the uptrend.

That's possible, Newbie, but it's also possible that the worm has turned. Every torrent begins with a trickle.

Time for choo choo's Cheesy
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February 09, 2014, 02:33:51 PM
 #85086

I  just don't understand this current upward drift in price. Unless people are bored on Sunday.

Bored and greedy. As this day comes to an end, so will the uptrend.

That's possible, Newbie, but it's also possible that the worm has turned. Every torrent begins with a trickle.

Time for choo choo's Cheesy

delusional. to all new comers, be careful when investing your money.
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February 09, 2014, 02:36:55 PM
 #85087

Clearly a winning strategy here is to hold limit orders far outside of market prices for flash movements. Then after the positions are filled, you quickly liquidate them once the movement has corrected itself. It is practically a 0 risk strategy.

I'm not a real trader, but that has been my strategy on virtex for a long time. Partially because the high fees force me to have my limit orders at quite a large spread anyways, and that virtex is so small and illiquid, that the flash movements can cut very deep, both ways.

I always extend my tranche far beyond what I feel is a rational price, because the big price moves are seldom rational.
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February 09, 2014, 02:37:43 PM
 #85088

I  just don't understand this current upward drift in price. Unless people are bored on Sunday.

Bored and greedy. As this day comes to an end, so will the uptrend.

That's possible, Newbie, but it's also possible that the worm has turned. Every torrent begins with a trickle.

I don't see how people won't just take profit of this ~$40-50 swing when there's nothing backing it up in more than 24 hrs.
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February 09, 2014, 02:45:55 PM
 #85089

Another fine day to be alive...

Business as usual - with more fun and games ahead no doubt....my general reaction to all of the drama of the past few days Gox included=


I salute you!


I literally cannot wait for the next 6 months...

Happy Sunday...




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February 09, 2014, 02:49:33 PM
 #85090

I  just don't understand this current upward drift in price. Unless people are bored on Sunday.

Bored and greedy. As this day comes to an end, so will the uptrend.

That's possible, Newbie, but it's also possible that the worm has turned. Every torrent begins with a trickle.

I don't see how people won't just take profit of this ~$40-50 swing when there's nothing backing it up in more than 24 hrs.

They might. I don't have a crystal ball. I just buy when it goes down and sell when it comes up, but I think it's possible that greed on Coinbase trumps fear in China. I tried like hell to buy the bottom, but San Francisco just didn't follow HooBoy. Without knowing the volume at Coinbase, we just don't know.
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February 09, 2014, 02:56:55 PM
 #85091

So will the MT.Gox countdown be as boring as the China count down on January 31?
Probably yes...
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February 09, 2014, 02:57:54 PM
 #85092

So will the MT.Gox countdown be as boring as the China count down on January 31?
Probably yes...

At least there is more movement now then during the china count down.
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February 09, 2014, 03:05:50 PM
 #85093

You know what happened after the China countdown ? Nothing.
You know what will happen on Monday ? Nothing. Although in this case it will be bad news.

I think Gox will keep the market stuck for at least another week.
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February 09, 2014, 03:06:02 PM
 #85094

MtGOX's 30-min or 15-min volume charts show a very steady background activity of about 600 BTC/hour, which started on Feb/07 between 12:00 and 13:00 UTC.

I can see a stream of 0.01 BTC trades (several per minute), as were seen several times over the last few months, but they could not add up to more than 5 BTC/hour.  So what is that big robot? Is Willy back on line?
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February 09, 2014, 03:25:34 PM
 #85095

stamp going down again, and btc-e down?
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February 09, 2014, 03:26:51 PM
 #85096

stamp going down again, and btc-e down?

Slowly coming back to 100$
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February 09, 2014, 03:33:21 PM
 #85097

I predict a BIG CRASH IN 24hours

Random quote of the day Smiley
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February 09, 2014, 03:36:01 PM
 #85098

stamp going down again, and btc-e down?

Slowly coming back to 100$

hmmm. I see a pattern here.

If I was a whale, I'd pay some Asians $0.30/hr to flood this forum and reddit with FUD at opportune times. I wouldn't be wasting my own time. If Bitcoin goes anywhere near $100, I will panic sell and buy it all back at $40. Hell, I'll double my coins and spend the rest on hookers and blow. That's the luxury of buying in at $10. But I think it's more likely to do this:

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February 09, 2014, 03:41:14 PM
 #85099

That guy with the big buy a few hours ago must feel bad now.
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February 09, 2014, 03:47:46 PM
 #85100

That guy with the big buy a few hours ago must feel bad now.

That's the irony. Trades based on feelings usually lead to bad feelings. I screw up market timing all the time, but losses are only actualized if you sell. If you think in terms of opportunity costs, you will go crazy.
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