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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.8%)
7/28 - 11 (8.9%)
8/4 - 16 (12.9%)
8/11 - 8 (6.5%)
8/18 - 6 (4.8%)
8/25 - 8 (6.5%)
After August - 74 (59.7%)
Total Voters: 124

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26489723 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.)
phoenix1
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June 29, 2013, 08:56:29 PM
 #19581

stop reading the thread for a few weeks (june 7th till now...) and there's 300 pages of posts... bloody hell guys.

to catch up: what's the word on WHY the price is dipping below 100 lately? anything major happen?

[sarc]
The down trend is because Jaroslaw has sold 180k coins in the last month.
[/sarc]

lol !
krudkeeper
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June 29, 2013, 09:01:52 PM
 #19582

stop reading the thread for a few weeks (june 7th till now...) and there's 300 pages of posts... bloody hell guys.

to catch up: what's the word on WHY the price is dipping below 100 lately? anything major happen?

^This is EXACTLY what I would like to know!
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


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June 29, 2013, 09:01:56 PM
 #19583

N12
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June 29, 2013, 09:07:12 PM
 #19584

Notice a pattern?


Its About Sharing
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June 29, 2013, 09:10:43 PM
 #19585

According to your graph, starting in December 2013, people start paying you in USD to take their bitcoins?

I like that. Looks like a peak of -33USD/BTC in June 2014.

Ill take anyone's bitcoins at 0USD/EA, right now and thru Dec. 1 2013. Take advantage of this HOT deal while it lasts.

Send them here: 14YDg2knHWoYaDZpUFvuQfFP7kUpPpYL83

You're welcome.


I was looking at that chart and roughly came up with $30 USD as a bottom. (Perhaps lower if you use $2 as a bottom but using that to find a raitio is unrealistic considering the infrastructure being laid as well as growing awareness, bad economy, currency problems, etc.). I won't wait on $30 but will be a close watcher of the bottom as we go down.
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June 29, 2013, 09:11:33 PM
 #19586

Notice a pattern?




I almost posted that with my charts from before (Yes  Wink )
We are on the same page. Wonder what happens the next two days...

Nice "brother",
IAS
phoenix1
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June 29, 2013, 09:19:20 PM
 #19587

Notice a pattern?


yup ... weeeeeeeeeee  Cheesy
Loozik
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June 29, 2013, 09:21:54 PM
 #19588

Notice a pattern?


yup ... weeeeeeeeeee  Cheesy

My thoughts exactly  Grin
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June 29, 2013, 09:27:14 PM
 #19589

 Huh  what is the pattern?

Please elaborate.
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June 29, 2013, 10:01:46 PM
 #19590

Voodah
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June 29, 2013, 10:13:49 PM
 #19591

Huh  what is the pattern?

Please elaborate.

Sell sell sell (and what phoenix said).
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June 29, 2013, 10:18:39 PM
 #19592

Huh  what is the pattern?

Please elaborate.

The green daily candle forming today is VERY similar to that of 25th of June, the day after the previous downmove. It is a bearish candle generally showing a failed attempt at a rally. Today looks like another failed rally after a step down. So if history repeats, we may go sideways for a day or two, followed by a continuation of the downtrend ... or not  Wink

It looks bearish as the upper wick of the candle is long, the lower short, and the body small, meaning the price pushed higher, but failed to hold the gains and closed only marginally above where we opened (if we stay like this). Not a good indicator of strength.
Today is also an 'inside' day, meaning the price range is contained within the bounds of yesterday's, making today look even less like a possible trend reversal and more like a pause.

These are the two circled areas on the chart

How'd I do IAS and Blitz ?  Wink

Loozik
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June 29, 2013, 10:19:44 PM
 #19593

The green daily candle forming today is VERY similar to that of 25th of June, the day after the previous downmove. It is a bearish candle generally showing a failed attempt at a rally. Today looks like another failed rally after a step down. So if history repeats, we may go sideways for a day or two, followed by a continuation of the downtrend ... or not  Wink

Okay, then I'll go long when this pattern is completed. What price should I place my buy order?
ErisDiscordia
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June 29, 2013, 10:24:46 PM
 #19594

Yes the Libertarian ideal is a lie. That's the joke. Libertarians are Republicans in disguise.

If Libertarians were consistent, they'd be Anarchists Smiley

to clarify:

Libertarians: let's have just a little bit of cancer
Republicans, Democrats, Fascists, Communists: We love cancer. Let's have more of it!
Anarchists: WTF do not want
phoenix1
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June 29, 2013, 10:27:43 PM
 #19595

The green daily candle forming today is VERY similar to that of 25th of June, the day after the previous downmove. It is a bearish candle generally showing a failed attempt at a rally. Today looks like another failed rally after a step down. So if history repeats, we may go sideways for a day or two, followed by a continuation of the downtrend ... or not  Wink

Okay, then I'll go long when this pattern is completed. What price should I place my buy order?

I am looking at low 80's as the next target for a decent bounce personally
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June 29, 2013, 10:28:19 PM
 #19596

I almost think Bitstamp gives a clearer picture, much less manipulated than Gox...

Just call it a "feeling" but I say we hit 80 ish on Bitstamp in the next few days (edited) (hard bounce). And it may be a very hard bounce, not a reversal, just a fake. I say that as there is so much downward pressure building that when it bottoms it is going to come up hard. I don't think I'll trade this, things might get violent, Kung Fu Violent!

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June 29, 2013, 10:30:49 PM
 #19597

The green daily candle forming today is VERY similar to that of 25th of June, the day after the previous downmove. It is a bearish candle generally showing a failed attempt at a rally. Today looks like another failed rally after a step down. So if history repeats, we may go sideways for a day or two, followed by a continuation of the downtrend ... or not  Wink

Okay, then I'll go long when this pattern is completed. What price should I place my buy order?

I am looking at low 80's as the next target for a decent bounce personally

Man, are you viewing my posts as I'm writing them?  Grin
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June 29, 2013, 10:31:21 PM
 #19598

I almost think Bitstamp gives a clearer picture, much less manipulated than Gox...

Just call it a "feeling" but I say we hit 80 ish on Bitstamp in the next few days, with a low point of maybe $75 (hard bounce). And it may be a very hard bounce, not a reversal, just a fake. I say that as there is so much downward pressure building that when it bottoms it is going to come up hard. I don't think I'll trade this, things might get violent, Kung Fu Violent!



No the only thing that will stop the pressure now is an event or announcement. A positive one of course. A negative one would just put the gas on.
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June 29, 2013, 10:33:29 PM
 #19599

Yes the Libertarian ideal is a lie. That's the joke. Libertarians are Republicans in disguise.

If Libertarians were consistent, they'd be Anarchists Smiley

to clarify:

Libertarians: let's have just a little bit of cancer
Republicans, Democrats, Fascists, Communists: We love cancer. Let's have more of it!
Anarchists: WTF do not want

Yep, libertarians play the fence. They end up rich they're republicans, poor they're anarchists.
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June 29, 2013, 10:34:48 PM
 #19600

The green daily candle forming today is VERY similar to that of 25th of June, the day after the previous downmove. It is a bearish candle generally showing a failed attempt at a rally. Today looks like another failed rally after a step down. So if history repeats, we may go sideways for a day or two, followed by a continuation of the downtrend ... or not  Wink

Okay, then I'll go long when this pattern is completed. What price should I place my buy order?

I am looking at low 80's as the next target for a decent bounce personally

If the picture poster is correct with his two circled candles (he should have used a non-log scale and a better resolution) then one might expect:
- first the price to jump to 104
- then sharply decline to 86-84
- and then go up to about 105

This is just my assumption of what he might look for, if indeed he looked for the pattern in which we are now between point 3 and 4.
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