Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[alesx.onfire]

https://www.tradingview.com/v/8ss69KFu/

pretty interesting graph from 7 months ago

[Bagatell]

https://www.tradingview.com/v/8ss69KFu/

pretty interesting graph from 7 months ago

It looked a lot more comforting a month ago.

[alesx.onfire]

https://www.tradingview.com/v/8ss69KFu/

pretty interesting graph from 7 months ago

It looked a lot more comforting a month ago.

it's gonna skyrocket

[Dilla]

We are, pretty much, right on track. If you look from the bottom recovery a few months ago, and draw an averaging line, we have hit above, and now below, that line. If we continue up, we'll be 100% right on track to another bull swing.

[EpStROM]

We are, pretty much, right on track. If you look from the bottom recovery a few months ago, and draw an averaging line, we have hit above, and now below, that line. If we continue up, we'll be 100% right on track to another bull swing.

Good time to sit and enjoy the ride

[8up]

Is this our double bottom?



If the flash crash in january caused by the Bitstamp theft (like the Silkroad flash crash in 9/2013) is not included in our consideration, this looks promising.

[Dilla]

We are, pretty much, right on track. If you look from the bottom recovery a few months ago, and draw an averaging line, we have hit above, and now below, that line. If we continue up, we'll be 100% right on track to another bull swing.

Good time to sit and enjoy the ride

Exactly what I've been doing since I bought back in 180-200s  

[LFC_Bitcoin]

We are, pretty much, right on track. If you look from the bottom recovery a few months ago, and draw an averaging line, we have hit above, and now below, that line. If we continue up, we'll be 100% right on track to another bull swing.

I hear you brother

[Fatman3001]

Not sure I've seen this thread so dead.

Even the bears are bored.

Everyone's on the new forum xD (but you gotta pay to join!)

I've read about it - Elwar's 'big' news.
Load of crap.
Count me out.

What is it and why do I need it?

Much Ado About Nothing https://bitcointalk.org/index.php?topic=1025782.0

Yeez Louise!
Am I the only one who got backflashes from Bioshock reading that?
A barge full of rich people in international waters. I wonder what pirates will make of that.
Funny thing is, ethereum would probably be better suited for the forum he's proposing.

He thinks trolls have no money. What a quaint idea

It will be interesting to see who decides to use that forum though.

If the paranoid old bag holders go the trolls will follow. Could be good for us.

Was kind of hoping NLC would go there. Then again I'd hate to lose some of the sharper heads. Worst case scenario is that the troll cave/WO thread will become a Bitcoin Bier und Blasen.

[Torque]

We are, pretty much, right on track. If you look from the bottom recovery a few months ago, and draw an averaging line, we have hit above, and now below, that line. If we continue up, we'll be 100% right on track to another bull swing.

I hear you brother

To play devil's advocate, I can honestly say that the price is going nowhere without a 'push' higher from some high net worth people.  It certainly won't come from Joe Public, as all they have to do is look at a 15 month old price chart and go "Eh, oh hell no!  No sign of life, and might still be falling further."  

We need an uptrend to show on the charts for many more months, maybe a year, before Joe Public starts to take interest again.  Or we need a surprise pump that catches people off-guard (like in 2011, and Jan 2013).

Sad but true.

[micalith]

Is this our double bottom?



If the flash crash in january caused by the Bitstamp theft (like the Silkroad flash crash in 9/2013) is not included in our consideration, this looks promising.

Would be nice, but it's arguably no different that the 'double bottom' we thought we had in early November. Volume is a bit more now, but everything else looks very much the same

[ssmc2]

We are, pretty much, right on track. If you look from the bottom recovery a few months ago, and draw an averaging line, we have hit above, and now below, that line. If we continue up, we'll be 100% right on track to another bull swing.

I hear you brother

To play devil's advocate, I can honestly say that the price is going nowhere without a 'push' higher from some high net worth people.  It certainly won't come from Joe Public, as all they have to do is look at a 15 month old price chart and go "Eh, oh hell no!  No sign of life, and might still be falling further."  

We need an uptrend to show on the charts for many more months, maybe a year, before Joe Public starts to take interest again.  Or we need a surprise pump that catches people off-guard (like in 2011, and Jan 2013).

Sad but true.

Bingo. And we all know how quickly those can happen in BTC land.  

[8up]

Is this our double bottom?



If the flash crash in january caused by the Bitstamp theft (like the Silkroad flash crash in 9/2013) is not included in our consideration, this looks promising.

Would be nice, but it's arguably no different that the 'double bottom' we thought we had in early November. Volume is a bit more now, but everything else looks very much the same

You mean our triple bottom. In retrospective it looks like the Bitstamp theft could have been the trigger to break it. Does this mean we are undervalued now?

[Dilla]

We are, pretty much, right on track. If you look from the bottom recovery a few months ago, and draw an averaging line, we have hit above, and now below, that line. If we continue up, we'll be 100% right on track to another bull swing.

I hear you brother

To play devil's advocate, I can honestly say that the price is going nowhere without a 'push' higher from some high net worth people.  It certainly won't come from Joe Public, as all they have to do is look at a 15 month old price chart and go "Eh, oh hell no!  No sign of life, and might still be falling further."  

We need an uptrend to show on the charts for many more months, maybe a year, before Joe Public starts to take interest again.  Or we need a surprise pump that catches people off-guard (like in 2011, and Jan 2013).

Sad but true.

I see where you are coming from, we have to break the trend of 2xxs-300 in a couple months to start the "healthy growth" phase. All it takes is a (few) big buys and we could be on our way up. Or we could just sit here in limbo and see another flash crash... Either way, exciting summer ahead I think.

[Fatman3001]

Is this our double bottom?



If the flash crash in january caused by the Bitstamp theft (like the Silkroad flash crash in 9/2013) is not included in our consideration, this looks promising.

Would be nice, but it's arguably no different that the 'double bottom' we thought we had in early November. Volume is a bit more now, but everything else looks very much the same

You mean our triple bottom. In retrospective it looks like the Bitstamp theft could have been the trigger to break it. Does this mean we are undervalued now?

no doubt, just don't know if that will save us in the short term

[macsga]

Was kind of hoping NLC would go there. Then again I'd hate to lose some of the sharper heads. Worst case scenario is that the troll cave/WO thread will become a Bitcoin Bier und Blasen.

Beer und blasen ist gut fur mich.

Skål!!!!

[alesx.onfire]

can we expect a dump, at this point?
(again?)

[12345mm]

Good news everybody ! My doc put me on valium prozac and torodol ! Plus I'm still drinking ! So I looooove all of you ! Also I no longer care about money or material possessions ! I'm gonna buy a sailboat and find some palm trees some place to string up my hammock ! (i have some really nice incredibly soft hand made hammocks from belize) I'll hang onto my bitcoin and live on my beach until I'm rich or a beach bum hippie ! Yay bitcoin and yay fiat and all of the people of earth hold hands and sing together ! LA lal la la lal lalallalal la !

[ChartBuddy]

Coin
Explanation

[BlindMayorBitcorn]

Good news everybody ! My doc put me on valium prozac and torodol ! Plus I'm still drinking ! So I looooove all of you ! Also I no longer care about money or material possessions ! I'm gonna buy a sailboat and find some palm trees some place to string up my hammock ! (i have some really nice incredibly soft hand made hammocks from belize) I'll hang onto my bitcoin and live on my beach until I'm rich or a beach bum hippie ! Yay bitcoin and yay fiat and all of the people of earth hold hands and sing together ! LA lal la la lal lalallalal la !