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Question: What happens first:
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26367988 times)
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May 04, 2013, 04:06:05 PM
 #4141

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Damn, I was almost there!  Angry If rontus had been working (fortunately he only works about 50 hours of 168 per week, and generally not on Saturdays, and even of his working time, I only give him authority to sell short about 30% of the time, so this is purely of theoretical interest now) he would certainly have smelled the trend change and managed to sell about BTC430 at an average price of $113.2. Then I would have told him to buy back at $103 (he is better in selling but my buyback levels are more spot on).

Agree, you'r buying instinct is state of the art. Those 700 bought at 134 day before 40% crash is the move of the Master tactician  Grin
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May 04, 2013, 04:10:22 PM
 #4142

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Damn, I was almost there!  Angry If rontus had been working (fortunately he only works about 50 hours of 168 per week, and generally not on Saturdays, and even of his working time, I only give him authority to sell short about 30% of the time, so this is purely of theoretical interest now) he would certainly have smelled the trend change and managed to sell about BTC430 at an average price of $113.2. Then I would have told him to buy back at $103 (he is better in selling but my buyback levels are more spot on).

Agree, you'r buying instinct is state of the art. Those 700 bought at 134 day before 40% crash is the move of the Master tactician  Grin

jupp ... "more spot on"  Cheesy
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May 04, 2013, 04:10:55 PM
 #4143

Agree, you'r buying instinct is state of the art. Those 700 bought at 134 day before 40% crash is the move of the Master tactician  Grin

It was irresistible, goat sold to me at 3% discount to Gox!!  Embarrassed
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May 04, 2013, 04:11:02 PM
 #4144

1719.38   a few seconds ago   111.30


wow wow wow


bam

did not see this post?   most of the wall was eaten....  

EDIT: okay maybe you dont know what it means.

1719 was eaten in just one go... there were other goes as well...


I saw it yes, big move. Hence the "bam" Smiley
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May 04, 2013, 04:11:06 PM
 #4145

@Chartbuddy - I really like your charts. One question though, could you present opposing sides so we can get a better view of the bid side as it happened as well?  Basically show the current view and a 90 degree rotated one.

and weren't you gonna add a vertical axis too?

also - if you could make a navigable version of this, moving forward and back through time and rotating the view as i like, i, and i suspect others, would be willing to pay for it. i can see it now, moving across my screen in time, freely rotating, while next to it the more traditional charting software (i've got sierra chart running already.)

Hey, I fixed UTC times and added a few world times. Vertical axis will be up next.

Navigable version would not be especially difficult but I'm not sure which platform to use. Java would make it browser viewable (though not on this site) but Java in the browser is not so recommended anymore.
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May 04, 2013, 04:12:22 PM
 #4146

*snip*

Navigable version would not be especially difficult but I'm not sure which platform to use. Java would make it browser viewable (though not on this site) but Java in the browser is not so recommended anymore.

hmm. good point. no worthy advice for this, from me. Sad
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May 04, 2013, 04:14:18 PM
 #4147

Agree, you'r buying instinct is state of the art. Those 700 bought at 134 day before 40% crash is the move of the Master tactician  Grin

It was irresistible, goat sold to me at 3% discount to Gox!!  Embarrassed

Goat doesn't live in the Alice's Wonderland though  Grin
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May 04, 2013, 04:15:48 PM
 #4148

@Chartbuddy - I really like your charts. One question though, could you present opposing sides so we can get a better view of the bid side as it happened as well?  Basically show the current view and a 90 degree rotated one.

and weren't you gonna add a vertical axis too?

also - if you could make a navigable version of this, moving forward and back through time and rotating the view as i like, i, and i suspect others, would be willing to pay for it. i can see it now, moving across my screen in time, freely rotating, while next to it the more traditional charting software (i've got sierra chart running already.)

Hey, I fixed UTC times and added a few world times. Vertical axis will be up next.

Navigable version would not be especially difficult but I'm not sure which platform to use. Java would make it browser viewable (though not on this site) but Java in the browser is not so recommended anymore.

I wouldn't worry about taking up space with charts as that is what this thread is about contrary to what actually happens in here.  Glances at adam.............. Wink
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May 04, 2013, 04:17:59 PM
 #4149

I think the walls permit bitcoin to rise to $119 in a bold move. Afterwards I go to sleep and not post, and the general bullishness erodes, and the bears push the price back to $106. We will not see 100 ever again.

Damn, I was almost there!  Angry If rontus had been working (fortunately he only works about 50 hours of 168 per week, and generally not on Saturdays, and even of his working time, I only give him authority to sell short about 30% of the time, so this is purely of theoretical interest now) he would certainly have smelled the trend change and managed to sell about BTC430 at an average price of $113.2. Then I would have told him to buy back at $103 (he is better in selling but my buyback levels are more spot on).

The 42,500mBTC profit would have enabled our lifestyle for several days...

Well, from your "category list" it seems we are all supernodes... Cool!

Indeed we are. There are only so many bitcoins in the world, and a lowest class supernode is not a U.S. Administration of 100,000 skilled professionals, but an ordinary bloke who bought in any time before March 2013, and has some spare time, and knowledge of English, maths and history. Of course when we go up the ladder, there will be many rpietilas, and in the higher level Goat, MP and Winklewii.

Read the "supernode OP" for more info and comment where appropriate!

Quote
Anyhow, as I said earlier everything look very fishy - I see two options: a) you are delusional and not-very-smart folk who made some money in the wild Bitcoin ride we had lately (not so difficult, we went x10 in just a few months) and now you are riding your very own ego trip, or b) you are preparing a big scam flooding the community with your "i am so wealthy" thing

Why is it so offensive that I live in a classy hotel? The highest burn rate of $200k per month was last week, now I spend at about $50k per month. If I go home and eat noodles, my expenses still run at about $20-30k minimum, since I have staff. Most of the businessmen do, in the real world. Generally their expenses are much higher than mine. I am actually very stingy, compared to most of my friends.

If you think this is excessive for what I manage to accomplish, how about complaining about how your very own tax money is spent in Afghanistan with far less positive effect? I would say the difference is about 4 orders of magnitude, in other words 10,000 times more money totally wasted!

With a rather conservative price prediction for the following 3 months, I estimate a 100% per month increase, which would mean that per every BTC100, you make about $10k first month. A 3rd class supernode can quit eating noodles and start to live. A 2nd class supernode of BTC1,000 can do what I do, and I just await that the real big guys start to benefit the mankind with their stashes.

This is the reason I spend - to show that even a medium BTC-holder can do this! No reason to hate, rather you live up to your own standard, and I live up to mine. If you have at least BTC1,000 as I assume every 2012 or before has (unless he proves otherwise), you can do the same as I do, with ease. Why should I do all the work?? Every city needs at least one supernode, and I am here to help these becoming reality. It is one of the workshops in the summit.

Besides there is no "flooding of community". I post my theoretical observations to my own thread. Then I post my price predictions here, and every time I do, some April 14th troll speaks negatively of me. Then I correct the misunderstanding. In no way I am here to cause disturbance - the instant the OP wants me to go, I go - but we all know that actually a 3-month quarantine for all newbies is the real answer to the problem, pointing me is easy but not too smart.

Quote
BTW: what about an escrowed bet, so you can put your money where your mouth is? Willing to bet that we will be at $300k/BTC by the end of the year, as you predicted? I'm sure al lot of users in these forums would be willing to join this bet. It's a nice way of hedging - if we win you give us your money, if you win we are all rich anyway, you included, so why not? Cheesy

How about the following:
- You escrow 100 bitcoins for my 1
- You write a 2013 $100,000 call option to your bitcoins, so that I can buy them from you anytime, by just sending you $10 million U.S. Dollars
- If I do not redeem your bitcoins before 31. December 2013, you get my 1 bitcoin as I lose the bet

This way everybody profits. Even if you lose, you get $10 million, and the rest of your bitcoins are worth even more. If I lose, I only lose 1 bitcoin, and I still have a lot (and they were not that valuable anyway..Sad )

Quote
Wouldn't you mind betting repietila?

My middle initial is A.


listen - and I'm sure I speak for more than myself.

I don't give that much of a shit about your self obsessed bitcoin adventures.

you remind me of this guy: http://instagram.com/itslavishbitch#


now take your lavish life-style that I can only assume was originally funded by daddy's money, and your running bitcoin trade commentary to another thread please


NB - I don't like the ignore button personally as I like to see the conversation as a whole... just understand there is a time and a place, and that is in your own seperate thread


EDIT - I'd prefer to say no offence intended, but you need a wake up call
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May 04, 2013, 04:20:33 PM
 #4150

@Chartbuddy - I really like your charts. One question though, could you present opposing sides so we can get a better view of the bid side as it happened as well?  Basically show the current view and a 90 degree rotated one.

and weren't you gonna add a vertical axis too?

also - if you could make a navigable version of this, moving forward and back through time and rotating the view as i like, i, and i suspect others, would be willing to pay for it. i can see it now, moving across my screen in time, freely rotating, while next to it the more traditional charting software (i've got sierra chart running already.)

Hey, I fixed UTC times and added a few world times. Vertical axis will be up next.

Navigable version would not be especially difficult but I'm not sure which platform to use. Java would make it browser viewable (though not on this site) but Java in the browser is not so recommended anymore.

I wouldn't worry about taking up space with charts as that is what this thread is about contrary to what actually happens in here.  Glances at adam.............. Wink

Plenty of talk about the wall. It's the speculation forum. Talking about the wall leads to discussion about where the price is headed. Which brings up a wide range of topics. Everyone is looking at the charts. Do we really need every post to have a chart with triangles and lines drawn on it? This thread has more useful information then the majority of the sub-forum.

Edit: Even rpietila chatter is useful. Lets us know where the heads are of people with Bitcoin fever. The market has all kinds of people. If he wasn't here sharing, no one would be able to make up the stuff he says. So on one hand you have rpietila and the other hand you have people who think we're headed to single digits. Truth is always somewhere in the middle so it's good to have perspective from the extremes.  6 months ago if you would have said we'd be at $150 for the last 2 weeks of April you would have been called a moron predicting 2500% growth. Grin
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May 04, 2013, 04:21:07 PM
 #4151

listen - and I'm sure I speak for more than myself.

I don't give that much of a shit about your self obsessed bitcoin adventures.

you remind me of this guy: http://instagram.com/itslavishbitch#


now take your lavish life-style that I can only assume was originally funded by daddy's money, and your running bitcoin trade commentary to another thread please


NB - I don't like the ignore button personally as I like to see the conversation as a whole... just understand there is a time and a place, and that is in your own seperate thread


EDIT - I'd prefer to say no offence intended, but you need a wake up call
This. I'm never one to give much of a damn about "offending," and clowns belong in the circus. Keep the crap in your crap threads; ideally your "journal."
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May 04, 2013, 04:21:40 PM
 #4152

The volume numbers for today (It is Saturday, isn't it?!) are looking VERY VERY good.

The buy numbers for $70 are up solid and the sell numbers for $300 are dropping hard (currently at 155k).

The sell price on 100k volume is rising very well to $195. This is GREAT imo.

Things are looking great. I'm short term Bull now but will keep an eye on things.

Thanks bitcoinchannel.com guy for your education!

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May 04, 2013, 04:25:42 PM
 #4153

You guys that are into focusing on "the Wall" - can someone give some input about this area please?
The way I see it is that you are looking for a "wall" of buyers or sellers at a certain price. Both to see price direction but also to look for manipulation of the market? Is that right?

Are you observing this wall as individual (and not grouped by $5) prices or is it the grouped version? Details please,

Thanks,
IAS
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May 04, 2013, 04:27:41 PM
 #4154

anyone seeing these consistent 5btc bids going up, and 4.5 earlier...
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May 04, 2013, 04:28:16 PM
 #4155

Time is UTC+2.




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May 04, 2013, 04:30:53 PM
 #4156

Looks like resistance at 110 - 115 is waning. Time for 120?
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May 04, 2013, 04:34:33 PM
 #4157

Looks like resistance at 110 - 115 is waning. Time for 120?

I think the wall at 120 and the strong previous support - now resistance at 121 prevent any crossing of this line for now.

A retracement to 105-6 is in order when the assault to 120 fails. This would be my original prediction from several hours ago.
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May 04, 2013, 04:37:38 PM
 #4158

I don't think we will see 105 again today. If the posters here are correct that the wall at 111 was eaten rather than pulled - I wasn't here so did not see it - I think then 120 will become support today.
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May 04, 2013, 04:38:33 PM
 #4159

Double digits incomming Cheesy
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May 04, 2013, 04:38:56 PM
 #4160

Double digits incomming Cheesy

I remember when that would've been a bullish statement, way back in July 2012...
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