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

[LFC_Bitcoin]

Hopefully we're now experiencing a change in the markets direction, bears were promising & threatening sub 200 USD coins but it's failed to materialise.
Could the bear market have come to an end? I have a feeling something may be bubbling under the surface & we could be set for the beginning of something special, maybe not right now but in the next few months.
Will the Winklevoss's be about to change everything  

[madmat]

Hopefully we're now experiencing a change in the markets direction, bears were promising & threatening sub 200 USD coins but it's failed to materialise.
Could the bear market have come to an end? I have a feeling something may be bubbling under the surface & we could be set for the beginning of something special, maybe not right now but in the next few months.
Will the Winklevoss's be about to change everything  

The bear market will be ended once we cross the log trend resistance. On okcoin, this line is at 1672 today and price is 1426. So we are far from the end of bear market.

[alesx.onfire]

did i miss something?

>230  

[mymenace]

did i miss something?

>230  

bullish news here and there,

here's one

 [2015-06-01]Commonwealth Bank to embrace Bitcoin and air miles
« on: June 01, 2015, 12:29:34 am »
http://www.afr.com/technology/commonwealth-bank-to-embrace-bitcoin-and-air-miles-as-fintech-goes-mainstream-20150601-ghcre6

[ChartBuddy]

Coin
Explanation

[Dotto]

Good morning fellow bitcoiners. Im breakfasting half-a-bitcoin. It tastes digital and cryptodelicious, I wonder how it will smell when I poop it. Experiences?

[Fatman3001]

Good morning fellow bitcoiners. Im breakfasting half-a-bitcoin. It tastes digital and cryptodelicious, I wonder how it will smell when I poop it. Experiences?

Like Dogecoin, Monero or any other shitcoin.

[YourMother]

did i miss something?

>230  

This pathetic micropump didn't shake 1 millimeter out of the current massive bear trend. Think long term. Think big!

[ChartBuddy]

Coin
Explanation

[Dotto]

Good morning fellow bitcoiners. Im breakfasting half-a-bitcoin. It tastes digital and cryptodelicious, I wonder how it will smell when I poop it. Experiences?

Like Dogecoin, Monero or any other shitcoin.

Monero has more fibre

[cyclotronmajesty]

did i miss something?

>230  

This pathetic micropump didn't shake 1 millimeter out of the current massive bear trend. Think long term. Think big!

If you are talking about the decline from 1200 USD. Then I think that is a bit simple minded. Great things start with a BANG!, and then settle down afterwards. While you suggest perhaps the big boom and subsequent decline after as a sign of failure, i'd suggest the opposite. It's not a bubble. If it had never boomed to 1200, then it would be more a failure.

Take the universe for example. The big bang.

When babies are born they come out yelling at the top of their lungs.

That is a good thing.

[YourMother]

did i miss something?

>230  

This pathetic micropump didn't shake 1 millimeter out of the current massive bear trend. Think long term. Think big!

If you are talking about the decline from 1200 USD. Then I think that is a bit simple minded. Great things start with a BANG!, and then settle down afterwards. While you suggest perhaps the big boom and subsequent decline after as a sign of failure, i'd suggest the opposite. It's not a bubble. If it had never boomed to 1200, then it would be more a failure.

Take the universe for example. The big bang.

When babies are born they come out yelling at the top of their lungs.

That is a good thing.

ROFLMAO at your analogies.

Things are very simple.


The bitcoin pump started at 70-100$ as you can see in the graph



and the current trend shows you that it's about to go back to a similar price before booming again if, of course, if it will live to its true potential.

[ChartBuddy]

Coin
Explanation

[DutchTrades]

The manipulators gathered enough coins, now they let the market run

[DutchTrades]

did i miss something?

>230  

This pathetic micropump didn't shake 1 millimeter out of the current massive bear trend. Think long term. Think big!

If you are talking about the decline from 1200 USD. Then I think that is a bit simple minded. Great things start with a BANG!, and then settle down afterwards. While you suggest perhaps the big boom and subsequent decline after as a sign of failure, i'd suggest the opposite. It's not a bubble. If it had never boomed to 1200, then it would be more a failure.

Take the universe for example. The big bang.

When babies are born they come out yelling at the top of their lungs.

That is a good thing.

ROFLMAO at your analogies.

Things are very simple.


The bitcoin pump started at 70-100$ as you can see in the graph



and the current trend shows you that it's about to go back to a similar price before booming again if, of course, if it will live to its true potential.

Better cut your short faggot.

No money for you this time!

[YourMother]

I think i just found a bull's cryptonite.

That graph. Whenever i post that 2012-2015 graph, i just make 'em puke. They are going berserk on me shortly after. The truth...

They can't handle the truth.

[Asrael999]

I think i just found a bull's cryptonite.

That graph. Whenever i post that 2012-2015 graph, i just make 'em puke. They are going berserk on me shortly after. The truth...

They can't handle the truth.

But why not claim the bull run started at 0.01$ and that we have to go back there before rallying again.

[cyclotronmajesty]

ROFLMAO at your analogies.

Things are very simple.


The bitcoin pump started at 70-100$ as you can see in the graph



and the current trend shows you that it's about to go back to a similar price before booming again if, of course, if it will live to its true potential.

That is totally possible. I agree. But It's also possible it won't.
It could go up again to 1200. But if it is going to go up again, why would it wait until 70 - 100?
There is no reason.

I thought your point was bitcoin is dead.

70-100 is possible but do you really thing all else beyond that is a bubble?

[inca]

Sorry, but i cannot respond anymore. A moderator just forced a 5 days vacation on me. My beliefs were somewhat considered as being "trolling".

Thank you!

卐Moderator卍, please do not delete this message. People will panic if they find out i'm missing from this thread for more than 2 days.


Best regards,
YourMother

Lol.

Moderators are doing a great job IMO

[klondike_bar]

I think i just found a bull's cryptonite.

That graph. Whenever i post that 2012-2015 graph, i just make 'em puke. They are going berserk on me shortly after. The truth...

They can't handle the truth.

I got involved in 2012 and was around for the entire bubble. Your assumption that that bitcoin will reduce to pre-bubble levels is silly.

first, why do you take $100 as the starting point? There was clearly a bubble a year earlier that went from ~$25 to $260 to $80, before another bubble formed.
secondly - if you think $100 was a correct price, how can you look at the mainstream acceptance of bitcoin today and not recognize it to be at least 2x that of what it was then?

theres a lot of resistance sub-$220, and limited upwards resistance if a bull market emerges (small plateaus around $300,$400,$600 are the only major resistance levels on a longterm chart). If the price breaks abouve $260 it could very easily go to $300 and test resistance and a trendline. Breaking that, it would be a bull market