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

[marvinrouge]

According to well-established sources:
If it keeps on raining
levee's going to break

nice metaphor

[ChartBuddy]

[kylelgk]

According to well-established sources:
If it keeps on raining
levee's going to break

This is what I'm afraid of...

[Its About Sharing]

No matter where you draw the lines on the symmetrical triangle (Those two big candles have long wicks), looks like it has broken to the downside on the 4 hour chart. Let's see how it plays out.

[ChartBuddy]

[QuestionAuthority]

Learn to use [img width=200] people. 

I like big buds.

[naima53]

Looks bearish to me.

Antigravity! That's got to be bullish!

From the ruler: "Help Smokey Prevent Wildfires"


In case you weren't aware, this is smokey..... The bear:







This literally couldn't be a more bearish sign

again... 

[ChartBuddy]

[naima53]

You can call me an idiot, but I really believe that we are now we are in a moment of decision ascending triangle $ 3 range.

 , see my trading video.
https://www.youtube.com/watch?v=WGcO9BB87kE

in the same $ 2 in 2011 bottom - it was $ 60 at this time. And This whole bubble was faster (fast time)
 

[gandhibt]

Learn to use [img width=200] people. 

I like big buds.

I did a compromise and change it to 500. Fine looking bud that is.

[giszmo]

While German news that Bitcoin can be cashed out after one year of holding (instead of paying 25% of taxes) is a bullish news for me, it could also mean that people that were thinking about sneaking out their early adopter coins now openly sell them via gox which would be bearish. Make of it what you want, for me it's definitely mid term bullish.

[Frozenlock]

The slow slide down continues.

(And we still haven't completed the 2 weeks of USD lock-in.)

[Its About Sharing]

While German news that Bitcoin can be cashed out after one year of holding (instead of paying 25% of taxes) is a bullish news for me, it could also mean that people that were thinking about sneaking out their early adopter coins now openly sell them via gox which would be bearish. Make of it what you want, for me it's definitely mid term bullish.

Most Germans have their BTC's in Germany or Europe, not on Gox.

[ChartBuddy]

[N12]

While German news that Bitcoin can be cashed out after one year of holding (instead of paying 25% of taxes) is a bullish news for me, it could also mean that people that were thinking about sneaking out their early adopter coins now openly sell them via gox which would be bearish. Make of it what you want, for me it's definitely mid term bullish.

Most Germans have their BTC's in Germany or Europe, not on Gox.

Most Germans perhaps, but most Bitcoins in german hands? I'd bet you'll find them on MtGox, if anywhere.

[Its About Sharing]

While German news that Bitcoin can be cashed out after one year of holding (instead of paying 25% of taxes) is a bullish news for me, it could also mean that people that were thinking about sneaking out their early adopter coins now openly sell them via gox which would be bearish. Make of it what you want, for me it's definitely mid term bullish.

Most Germans have their BTC's in Germany or Europe, not on Gox.

Most Germans perhaps, but most Bitcoins in german hands? I'd bet you'll find them on MtGox, if anywhere.

I disagree. The Germans really like security, stability and such. They are on bitcoin.de and perhaps bitstamp...
We could put a poll on the German forum. But don't mention my stereotype statement. 

[ChartBuddy]

[N12]

I disagree. The Germans really like security, stability and such. They are on bitcoin.de and perhaps bitstamp...
We could put a poll on the German forum. But don't mention my stereotype statement. 

Believe me, the big money is where the big liquidity is, and that's MtGox. Certainly not bitcoin.de because that's not even an actual exchange. Anecdotically from people I know, I can speak for it being the case. Anyway, what are we even arguing about? Not like it makes any difference whether they are on MtGox or on Bitstamp.

By the way, MtGox is probably the most trustworthy and secure exchange. And yes, I'm serious.

http://lyle.smu.edu/~tylerm/fc13.pdf

[ChartBuddy]

[Its About Sharing]

I disagree. The Germans really like security, stability and such. They are on bitcoin.de and perhaps bitstamp...
We could put a poll on the German forum. But don't mention my stereotype statement. 

Believe me, the big money is where the big liquidity is, and that's MtGox. Certainly not bitcoin.de because that's not even an actual exchange. Anecdotically from people I know, I can speak for it being the case. Anyway, what are we even arguing about? Not like it makes any difference whether they are on MtGox or on Bitstamp.

By the way, MtGox is probably the most trustworthy and secure exchange. And yes, I'm serious.

http://lyle.smu.edu/~tylerm/fc13.pdf

True regarding liquidity. I was thinking more about just purchasing and not trading. Bitcoin.de is a very interesting (albeit slow regarding buys and sells - 2 or 3 days) trading platform. It basically acts as an escrow service. They only hold the bitcoins and not the money. Money is transferred from buyer to seller (account to account). That right there gets around a lot of laws. Though I think they are in the process of getting their own bank. I would like to see this type of setup in the States. Again, it isn't for trading, but a great buying model.

I agree MtGox is the most secure.