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

[gandhibt]

Small bounce seems to be over. How low do we go until next one? And how fast? Do we see 60's in 24h?

[Dalib]

Small bounce seems to be over. How low do we go until next one? And how fast? Do we see 60's in 24h?

yes, maybe we'll see next action soon ...

[barbs]

500 Wall keeps coming and going, started at 78.7, see it now at 77.9

[Abandon]

Small bounce seems to be over. How low do we go until next one? And how fast? Do we see 60's in 24h?

yes, maybe we'll see next action soon ...

You're just drawing arbitrary supports and resistances, where none of them have been tested, especially the support you drew. You can draw lines from everywhere on a chart, and many of them will function as a support or resistance from time to time, but more often than not, these supports and resistances will be broken. You should only use supports and resistances as buying and selling points, not for wishful thinking. Yet where supports and resistances are is key for determining patterns, such as descending triangles, falling wedges, etc. Again, they have to bounce to be considered a possible support or resistance.

[ChartBuddy]

[tarmi]

500 Wall keeps coming and going, started at 78.7, see it now at 77.9

I hate those indecisive moving mini-walls.

Somebody should just dump 500 coins into it already!

[fr33d0miz3r]

500 Wall keeps coming and going, started at 78.7, see it now at 77.9

I hate those indecisive moving mini-walls.

Somebody should just dump 500 coins into it already!

And.. nobody dumps

[nmersulypnem]

So I wake up to the MtGox news - this is how I read it...

"withdrawals have now fully resumed as of today"
"...a two-week back-log..."
"...a few weeks to get back to normal..."

This is not good news.  This is a thinly veiled: "uhm, we need a little more time getting our finances in order."

[weaknesswaran]

500 Wall keeps coming and going, started at 78.7, see it now at 77.9

I hate those indecisive moving mini-walls.

Somebody should just dump 500 coins into it already!

And.. nobody dumps

Jaroslaw, your turn.

[wonkytonky]

500 Wall keeps coming and going, started at 78.7, see it now at 77.9

I hate those indecisive moving mini-walls.

Somebody should just dump 500 coins into it already!

not sure what this for..   to trick people into dumping and then suddenly get price down..

or to fake support to keep price up ..

lol fascinating though

[Dalib]

Small bounce seems to be over. How low do we go until next one? And how fast? Do we see 60's in 24h?

yes, maybe we'll see next action soon ...

You're just drawing arbitrary supports and resistances, where none of them have been tested, especially the support you drew. You can draw lines from everywhere on a chart, and many of them will function as a support or resistance from time to time, but more often than not, these supports and resistances will be broken. You should only use supports and resistances as buying and selling points, not for wishful thinking. Yet where supports and resistances are is key for determining patterns, such as descending triangles, falling wedges, etc. Again, they have to bounce to be considered a possible support or resistance.

it's a very short period of time. Therefore, we know just yet, although the maximum is 84.27 so far, but it's very spice. Then, around 82, but at 82 it's now 2155 BTC for sell ...

So I just wanted to say: if the demand will be not significantly higher, I see no next increase ...

[massivebitman]

500 Wall keeps coming and going, started at 78.7, see it now at 77.9

I hate those indecisive moving mini-walls.

Somebody should just dump 500 coins into it already!

not sure what this for..   to trick people into dumping and then suddenly get price down..

or to fake support to keep price up ..

lol fascinating though

Yeah it's kind of odd... Bot gone rogue?

Maybe it's trying to encourage someone to dump into it, thus buying coins without driving the price up

[ShroomsKit]

People, you don't get it. Rampion said we need to hit 50 first before we go up. So you can easily sell 100% now like he obviously also did. Unless he's full of shit ofcourse.

[ElectricMucus]

People, you don't get it. Rampion said we need to hit 50 first before we go up. So you can easily sell 100% now like he obviously also did. Unless he's full of shit ofcourse.

You and him both.
Perhaps two sides of the same coin.

[ShroomsKit]

People, you don't get it. Rampion said we need to hit 50 first before we go up. So you can easily sell 100% now like he obviously also did. Unless he's full of shit ofcourse.

You and him both.
Perhaps two sides of the same coin.

Can you quote some of my claims that are full of shit?

[ElectricMucus]

People, you don't get it. Rampion said we need to hit 50 first before we go up. So you can easily sell 100% now like he obviously also did. Unless he's full of shit ofcourse.

You and him both.
Perhaps two sides of the same coin.

Can you quote some of my claims that are full of shit?

You don't have to make claims to be full of it.

[humanitee]

People, you don't get it. Rampion said we need to hit 50 first before we go up. So you can easily sell 100% now like he obviously also did. Unless he's full of shit ofcourse.

You and him both.
Perhaps two sides of the same coin.

Can you quote some of my claims that are full of shit?

You don't have to make claims to be full of it.

Funny how this works against you.

[ShroomsKit]

People, you don't get it. Rampion said we need to hit 50 first before we go up. So you can easily sell 100% now like he obviously also did. Unless he's full of shit ofcourse.

You and him both.
Perhaps two sides of the same coin.

Can you quote some of my claims that are full of shit?

You don't have to make claims to be full of it.

So no quotes? If you don't like me say that instead of making stuff up. Less childish.

[Ivanhoe]

Flamewar

edit: looks like we have a  little consolidation although it's too soon to cheer of course. One massive dump and we're heading into the 60's.

[ElectricMucus]

Funny how this works against you.

Not denying that.
Well at least I can take the piss to back it up.