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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26368040 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. (174 posts by 3 users with 9 merit deleted.)
Miz4r
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May 28, 2013, 03:04:46 PM
 #11481

Price is slowly creeping up again together with the fiat on the books, I feel a buying spree coming on soon...

lol

Hey it's gonna happen sooner or later. Tongue Oh well my fiat is on its way, hope the price stays down for a little while longer. Smiley
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adamstgBit
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May 28, 2013, 03:08:35 PM
 #11482

good morning bitcoin

this day to save a world from mysticism and tyranny, and usher in a future brighter then we can imagine; to victory!!!!!!!

http://youtu.be/0lhpl8Ajxzk
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May 28, 2013, 03:12:28 PM
 #11483



looks good.
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May 28, 2013, 03:15:43 PM
Last edit: May 28, 2013, 03:27:07 PM by icekiss
 #11484

Nice to see I called it right to sell at 127 (bitstamp)  Cheesy
Now if I just knew how low it goes...  Roll Eyes

Btw.: I decided based on technical analyses as well. It was telling me we were and are in a downward trend.
What it (obviously) can't tell me is when the trend will break.  Tongue

What is up with the bitstamp feed at bitcoinity though? It's dead for me, while the one for mt.gox is working fine  Undecided

Edit: Wow, that was quite a buy! about 2kBTC upwards in one go, right through 128!
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May 28, 2013, 03:20:27 PM
 #11485

Bullish as I am, I'd say the range between now and ~122 (50 % of 166-79, much support in the past) is good to buy, but on the other hand, the last direction was down and right now there is an undecidedness which is usually a trend confirmation, but far away from "always". Even more complicated is the fact, that the last big down move wasn't a trend, but more than less the action of one dump.

What do you think?

Edit: I can confirm, bitcoinity lost Bitstamp, but the API is working fine.
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May 28, 2013, 03:23:57 PM
 #11486

Those 3 500 "Walls" just got bought... Don't make me say I told you so...
Rocket, Departing...
Miz4r
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May 28, 2013, 03:29:43 PM
 #11487

Btw.: I decided based on technical analyses as well. It was telling me we were and are in a downward trend.
What it (obviously) can't tell me is when the trend will break.  Tongue

To speak about a real downward trend $120 has to be broken first, so far even $125 holds itself pretty damn well.
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May 28, 2013, 03:30:59 PM
 #11488

The movement is undecided, which means we are still in a downward trend.
The 2kBTC buy is enough to make us go up in the short term (which means I rebought at 125[bitstamp]  Grin), but whether it will be enough to start a trend reversal? No idea what so ever...
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May 28, 2013, 03:34:00 PM
 #11489

Nice to see I called it right to sell at 127 (bitstamp)  Cheesy
Now if I just knew how low it goes...  Roll Eyes

Btw.: I decided based on technical analyses as well. It was telling me we were and are in a downward trend.
What it (obviously) can't tell me is when the trend will break.  Tongue

What is up with the bitstamp feed at bitcoinity though? It's dead for me, while the one for mt.gox is working fine  Undecided

Edit: Wow, that was quite a buy! about 2kBTC upwards in one go, right through 128!


Wait, your TA didn't predict that??
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May 28, 2013, 03:34:46 PM
 #11490

Those 3 500 "Walls" just got bought... Don't make me say I told you so...
Rocket, Departing...

fr33d0miz3r
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May 28, 2013, 03:36:04 PM
 #11491



San1ty
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May 28, 2013, 03:37:15 PM
 #11492

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May 28, 2013, 03:40:32 PM
 #11493

Nice to see I called it right to sell at 127 (bitstamp)  Cheesy
Now if I just knew how low it goes...  Roll Eyes

Btw.: I decided based on technical analyses as well. It was telling me we were and are in a downward trend.
What it (obviously) can't tell me is when the trend will break.  Tongue

What is up with the bitstamp feed at bitcoinity though? It's dead for me, while the one for mt.gox is working fine  Undecided

Edit: Wow, that was quite a buy! about 2kBTC upwards in one go, right through 128!


Wait, your TA didn't predict that??

TA should have told him that the best point to sell was yesterday at $133, to then rebuy at $125ish, as per here (price was $133 at that point):

Testing again $125 is expected (if I weren't all in ATM I would place a bid at $125.79 or similar), but I don't think we will break $125. If we don't break it, is bullish sign. If we break-it, is definitely short term bearish.

What the TA cannot tell you is: will we test again $125? I think yes, but impossible to know reading TA. We will break it? I think not, but it's 50/50 chance. Anyhow, as I love coins more than fiat, I wouldn't sell again the coins bought back at $125ish.
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May 28, 2013, 03:42:38 PM
 #11494



 Grin
mco65
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May 28, 2013, 03:43:41 PM
 #11495

Large volume purchases help in the LONG but not in the SHORT.
I suspect we see sub 100 before we see 150.  JMO! Wink
Miz4r
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May 28, 2013, 03:47:48 PM
 #11496

The movement is undecided, which means we are still in a downward trend.
The 2kBTC buy is enough to make us go up in the short term (which means I rebought at 125[bitstamp]  Grin), but whether it will be enough to start a trend reversal? No idea what so ever...

Well I don't see any trend at all, only that the upward trend has been put to a stop. One or a few people decided to dump a large amount of coins yesterday bringing us from $133-135 to $125-130 and we've been trading sideways within that range since then. We're back to where we were last Friday, and I'm not really sure where we go from here. Perhaps consolidation again for a couple of days.
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May 28, 2013, 03:49:32 PM
 #11497

Nice to see I called it right to sell at 127 (bitstamp)  Cheesy
Now if I just knew how low it goes...  Roll Eyes

Btw.: I decided based on technical analyses as well. It was telling me we were and are in a downward trend.
What it (obviously) can't tell me is when the trend will break.  Tongue

What is up with the bitstamp feed at bitcoinity though? It's dead for me, while the one for mt.gox is working fine  Undecided

Edit: Wow, that was quite a buy! about 2kBTC upwards in one go, right through 128!


Wait, your TA didn't predict that??

TA should have told him that the best point to sell was yesterday at $133, to then rebuy at $125ish, as per here (price was $133 at that point):

Testing again $125 is expected (if I weren't all in ATM I would place a bid at $125.79 or similar), but I don't think we will break $125. If we don't break it, is bullish sign. If we break-it, is definitely short term bearish.

What the TA cannot tell you is: will we test again $125? I think yes, but impossible to know reading TA. We will break it? I think not, but it's 50/50 chance. Anyhow, as I love coins more than fiat, I wouldn't sell again the coins bought back at $125ish.

+1
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May 28, 2013, 03:50:35 PM
 #11498

Large volume purchases help in the LONG but not in the SHORT.
I suspect we see sub 100 before we see 150.  JMO! Wink

52k to go under 100 and 42k to go on 150. it's tight but why not.
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May 28, 2013, 04:02:04 PM
 #11499

adamstgBit
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May 28, 2013, 04:34:21 PM
 #11500

http://www.coindesk.com/okpay-suspends-bitcoin-processing/

 Cry
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