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

[luckygenough56]

critical time !

[ImI]

Ouch. Blood on the Tracks

hmm..no. no blood on the tracks.

[deceptively ok gif]

Zoom out to $1200. See not just blood, but also bodies of suicides, glazed in feces [which those bodies shat out in terror], on the Tracks
CCMF!

if i zoom out more i see a rise from 2$ to 365$ 

[Fatman3001]

You long lambie?

Stealthily accumulating BTC OTC, while disseminating diabolically clever disinformation amongst the sheeple of bitcointalk (who suspect nothing, I've finally won their trust )

[Feri22]

critical time !

Would you call next 24 h critical?

[ChartBuddy]

Coin



Explanation

[peonminer]

Resistance is futile

[bigfryguy]

sell off after cyber monday is to be expected.

[8up]

It still goes according to plan. We could have already seen the top of the current mini-rally. Still it could test $400 before a major decline. After that we'll have a short revisit of $330 (in the next two weeks). This is when you should get in, because we won't come back. Next stops are $450 in january - some sidewas afterwards and off to the races in feb/mar.

[peonminer]

Nope, we're headed back up. Get on the train now, or cry later.

[Fatman3001]

You long lambie?

Stealthily accumulating BTC OTC, while disseminating diabolically clever disinformation amongst the sheeple of bitcointalk (who suspect nothing, I've finally won their trust )

https://media.giphy.com/media/ED9Q2SCsowywU/giphy.gif

Well fuck me, my fiendish plan has been foiled! Wily bitcoin enthusiasts finally murdered Rev.Moon
I'm melting!
               Melting!
                           Oh, what a world...

[aminorex]

Monkey likes BTC for the next 5 days at least.

[ImI]

sell off after cyber monday is to be expected.

[peonminer]

possible big banking buying up teh coainZ?

http://money.cnn.com/2015/11/27/investing/china-missing-executives/index.html?iid=hp-stack-intl

[JayJuanGee]

sell off after cyber monday is to be expected.

A frequent problem, however, is that bitcoin tends to do the opposite of expectations

[adamstgBit]

sell off after cyber monday is to be expected.

so i'll get to cover then? good i'll double down now

[ChartBuddy]

Coin



Explanation

[JayJuanGee]

sell off after cyber monday is to be expected.

[https://ip.bitcointalk.org/?u=http%3A%2F%2Fi.imgur.com%2FuMdhTS1.png%26t%3D558%26c%3DffD7JPayg1tXoA&t=558&c=J8Hk3F55ckTYxg[/img]

so i'll get to cover then? good i'll double down now

Adam, you may recall that I tend to sell very few coins; however, when the price is going down, it's inevitable that I wished I would have sold a few more.... today is one of those days for me.

Also, if I do finally sell, then I tend to buy back too soon... for example buying back after a $5 or $10 or even a $20 drop (more extreme)..... I just tend to be a bit gun shy in terms of not having enough bitcoins in my portfolio, yet I believe I will get a bit better at selling a few more when prices move into the $500s and $600s, which could take place in December.


What could be a good target date for a new poll?  

Some things in China seem to be currently affecting BTC prices... at least the appearance of a lot of volume, which may be fake or at least artificially driven by low fees and margin trading.  Bitstamp has not really been too affected by all of that.

 I am not sure about whether the BTC scalability topic or conference is really having any meaningful effect on prices these days?

Maybe selecting a longer term projection for a poll or even a compound question in the poll, for shits and giggles?  

What will be the high prices of bitcoin December 10?  December 15?

I don't really have a clue, but upwards seems fairly likely in my thinking.....   Maybe I would guestimate $418 on December 10 and $444 on December 15 - with some ups and downs in between?


EDIT:   I do realize that a problem with my fairly short-term price projection is that once prices start to go up and if they were to go up an additional 15% or 30% in one to two weeks from today's price point, there is not only cashing in from profit takers, but likely there will evolve some stronger dynamics of additional upward exuberance that would cause BTC prices to go up to and beyond $500 again... maybe $500 or close to $600 becomes inevitable soon after crossing $420-ish?     And, if prices get into $600... we may be fucked (in a good way) into the new ATH price levels?  We should know that with current market caps (and the dominance of price setting on a few exchanges - mostly Bitstamp) Bitcoin tends to overshoot any semblance of what would otherwise be considered reasonable.

[BlindMayorBitcorn]

Monkey likes BTC for the next 5 days at least.

[Fatman3001]

Monkey likes BTC for the next 5 days at least.

This normally means down...

so i'll get to cover then? good i'll double down now

... but this normally means up.

I'm confused.

[adamstgBit]

sell off after cyber monday is to be expected.

[https://ip.bitcointalk.org/?u=http%3A%2F%2Fi.imgur.com%2FuMdhTS1.png%26t%3D558%26c%3DffD7JPayg1tXoA&t=558&c=J8Hk3F55ckTYxg[/img]

so i'll get to cover then? good i'll double down now

Adam, you may recall that I tend to sell very few coins; however, when the price is going down, it's inevitable that I wished I would have sold a few more.... today is one of those days for me.

Also, if I do finally sell, then I tend to buy back too soon... for example buying back after a $5 or $10 or even a $20 drop (more extreme)..... I just tend to be a bit gun shy in terms of not having enough bitcoins in my portfolio, yet I believe I will get a bit better at selling a few more when prices move into the $500s and $600s, which could take place in December.


What could be a good target date for a new poll?  

Some things in China seem to be currently affecting BTC prices... at least the appearance of a lot of volume, which may be fake or at least artificially driven by low fees and margin trading.  Bitstamp has not really been too affected by all of that.

 I am not sure about whether the BTC scalability topic or conference is really having any meaningful effect on prices these days?

Maybe selecting a longer term projection for a poll or even a compound question in the poll, for shits and giggles?  

What will be the high prices of bitcoin December 10?  December 15?

I don't really have a clue, but upwards seems fairly likely in my thinking.....   Maybe I would guestimate $418 on December 10 and $444 on December 15 - with some ups and downs in between?

sell very few coins is a good idea, if the price runs up higher and higher you can more easily double down, if you sell 1/3 of you bitcoin at 370 thinking " I am SURE charts will paint a double top " then price runs up, now you have to sell another huge chunk of bitcoin to affect your avg price.

waiting for 600's might be longer then we think, i like to say >32000 in <2 years, but it could easily take 10 years, and it doesn't necessarily mean it will get there slowly, it could hang around in the sub 500 for a long long time and then years later break out of that and THEN head for 32,000$ who knows.

or you wait a year for 600's, because you perceive this range as safe to trade, but you find out market had other ideas and pretty much skips 600-1000 range.

take advantage of the price swings we see today, pretty sure 300-400 is a nice range to play in for the next few months.

if you think of a poll you want to see please feel free to PM me.