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Question: When will bitcoin reach the top of this bull market (i.e. when will it moon)?
Topped at $13,880 in June - 10 (6.8%)
H2 2019 - 15 (10.1%)
H1 2020 - 29 (19.6%)
H2 2020 - 26 (17.6%)
H1 2021 - 12 (8.1%)
H2 2021 - 28 (18.9%)
H1 2022 - 6 (4.1%)
H2 2022 - 4 (2.7%)
H1 2023 - 0 (0%)
H2 2023 - 3 (2%)
2024 or Later - 15 (10.1%)
Total Voters: 148

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21289555 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. (102 posts by 19 users deleted.)
only
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April 10, 2015, 12:50:28 PM

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April 10, 2015, 12:52:28 PM

Expic example of stupid people that read GAW news. And think omg sell sell sell, bitcoin worth nothing, end of the world... Idiots...

At least that sort of mass panic will make it look like TA is more than just astrology for markets.
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April 10, 2015, 12:53:32 PM

Gotta love those cute chinese people, mining all those bitcoin with their cheap electricity and giving them away for cheap. All of this after having paid top notch dollars in 2013.

Yes, they must be feeling pretty stupid now.

Speaking of which, are there any news about @FriedCat, the Chinese owner of AMHash/ASICminer who disappeared a few weeks ago?

EDIT: However, the Chinese paid CNY for the coins in 2013, and it is not clear whether the sellers were able to get those CNY out of the country and convert them to dollars.  My estimate is that the Chinese traders and investors must have bought a couple million BTC from the West in 2013, including the coins stolen by Willy from MtGOX clients.  If the average price they paid was 500 $/BTC, that meant 6 billion CNY (1 billion USD) trying to leave the country, in exchange for the (unauthorized) import of that bunch of nothings.  No wonder the PBoC got so upset.
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April 10, 2015, 12:54:20 PM

Good morning, ladies! Cheesy
1d and 3d MACD divergence turned red, while the MACD themselves are negative, this is going to seriously hurt the bulls.

Moving averages diverge all the time, which is all MACD really is, calculating the difference between two lines and turning it into momentum.

Seems like a shakeout to me. Volume has been steadily declining as we are nearing the end of the trading range, similar to Dec 2014. The difference then is that we had the Bitstamp hack to bring in sellers to push us lower.

If there's enough volume to get below $235, see you there.

It's happening... Wink
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April 10, 2015, 12:57:38 PM

And it gets worse.
Embarrassing.
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April 10, 2015, 12:58:30 PM

Coin
Explanation
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April 10, 2015, 12:58:38 PM

it just hit floor again, fill your longs boys.  Shocked
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April 10, 2015, 01:02:26 PM

Gotta love those cute chinese people, mining all those bitcoin with their cheap electricity and giving them away for cheap. All of this after having paid top notch dollars in 2013.

Yes, they must be feeling pretty stupid now.

Speaking of which, are there any news about @FriedCat, the Chinese owner of AMHash/ASICminer who disappeared a few weeks ago?

Last I heard he was kidnapped by Mongolian pirates and is being held for ransom in a government sausage factory.

What kind of sausage?
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April 10, 2015, 01:02:35 PM

... don't understand the point of rapidly destroying price and consistently causing so much price volatility that bitcoin will never be widely adopted as a result ... who cares if you have more of something when you're actively decimating the price of the thing and driving people away from it in droves ? ... seriously ... it's like the whale manipulators don't want anyone else to have any coins period and don't care how badly the price needs to be crushed to accomplish this ... the market cannot sustain several $5-$10-$20-$50 drops daily forever ... finex being pummeled the worst at the moment ...

People always talk about how whales dump on good news, because they want to assure that they are in a good position when the price subsequently rises on said good news.

But this never made sense to me, as there is no guarantee price will rise and also dumping would have the opposite effect on the public's view.

So my theory is Occam's razor --- someone has serious motivation to squash the price on every good news announcement, in order to continually drive the price down and the public away.  Most bitcoiners believe that someone deliberately dumping to keep the public away is a preposterous notion, as they say it would be too costly to continue to do so.  Well I don't believe that, at all.  For a decently funded operation (say a world bank?) it wouldn't take much $$ on a yearly basis to do so.

/tinfoilhat
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April 10, 2015, 01:05:37 PM

3d MACD red on finex Smiley

edit: Oh and price is lower than it was 2 years ago! Bullish? Ohhh u bet!

2 years ago we were right after the great bubble. On the other hand the price is still higher than 3 years ago. Definitely bullish!

I guess if it goes down to 100 or 50, the early adopters can always say "hey it's still higher than it was 5 years ago!  Bullish!"   Roll Eyes
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April 10, 2015, 01:06:21 PM



If bears are right, we should see a significant dump from here.
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April 10, 2015, 01:06:34 PM



Good save.

Yet still missed the train.

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April 10, 2015, 01:06:55 PM

It ain't over until the fat lady sings and since most bitcoiners are male, we'll be alright.
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April 10, 2015, 01:08:12 PM

It ain't over until the fat lady sings and since most bitcoiners are male, we'll be alright.

White, male, pasty, and live in their moms basement
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April 10, 2015, 01:09:04 PM

It ain't over until the fat lady sings and since most bitcoiners are male, we'll be alright.

White, male, pasty, and live in their moms basement

Luckily me mums has got no basement.  Grin
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April 10, 2015, 01:15:00 PM

I am currently: Holding my BTC nervously 
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April 10, 2015, 01:16:28 PM

BTC the dawn of innovation by leaps and bounds.

1-megawatt cold fusion power plant now available – yours for just $1.5 million


SOON! Smiley

oil? gold? ha!

"They" who control the blockchain control the world.

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April 10, 2015, 01:20:53 PM

Cold fusion, as the name implies, is like normal fusion, but cold.
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April 10, 2015, 01:21:33 PM

i seriously wish you fuckers would stop posting that crave scam shit on here - they flash mined the entire supply in less than a week with 10000x 100 coin 1 minute blocks - mining is over now and dev holds the supply , a current supply which is by the way 1M coins (per ... yknow ... math ... 10000x100) not 500k coins as they're claiming ... and for bonus points it's now got a PoS phase that'll kick it to 2 *billion* total coins - essentially allowing the dev to hold the entire supply now pumped to 1000s of btc in value / set market price and print out 10btc per day at current rate ... 10 days total price history on the 1 exchange bribed to list it , bittrex , the exchange which lists anything for an adequate bri... errr... fee , and has to de-list dozens of coins constantly because of ... well ... scams ... it's so obviously completely rigged it's a joke ... and telling people to buy it now after it's been pumped to retard level is wrong ... setting an astronomical price on a coin you own the entire supply of is surprisingly easy ...
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April 10, 2015, 01:22:41 PM

I'll just leave this here (again).

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