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

[molecular]

just because your hand-draw line ?

My hand is known for drawing lines that matter in trading.

Just don't guild the page upside down.

[molecular]

just because your hand-draw line ?

My hand is known for drawing lines that matter in trading.

Just don't guild the page upside down.

Wow, did I just make a bearish post? Guys, I think something is happening.

[sarc]

Last chance guys to buy cheap coins.

[]http://cdn.imghack.se/images/90c8641c72042cb4b4476b869ea2ec6e.png[/]

just because of your arbitrary hand-draw line ? The volume decrease, nothing tell us there is a new trend

no can do, same old news, down down down....

[lebing]

just because your hand-draw line ?

My hand is known for drawing lines that matter in trading.

[ChartBuddy]

[Loozik]

just because your hand-draw line ?

My hand is known for drawing lines that matter in trading.

Just don't guild the page upside down.

Worry not 

[Loozik]

just because your hand-draw line ?

My hand is known for drawing lines that matter in trading.

Funny 

[ChartBuddy]

[SlipperySlope]

I wonder if the rally over the past nine hours will surpass $71. If not, bearish.

[ChartBuddy]

[N12]

At current prices, over 14k BTC are required to even be a millionaire. The clever millionaires have done a stellar job extracting the USD out of the order book and into their pockets, and they are now free to go to a market that's actually trending up.

Don't worry though, there are still lots of people sitting on Bitcoins with tremendous profits and they're ticking time bombs. Plenty people can extract half a million in one go.

[w00dy]

[...] go to a market that's actually trending up.

huh? 

[dexX7]

This becomes more and more favorable. There are now 85k coins till 50 or 4.91M USD. Even Bitstamp has more coins till 50 now than to 90 [edit: but not enough USD, actually it's 50 - 80,xx]. I wish for another dip though. If those who are waiting for 50 realize the train already starts, they probably will give in and fuel the fire and we could see huge moves, but where might that point be right now to admit that? When we go past 75-80? Probably, but that would be quite far away from the target zone 50-55.

[w00dy]

This becomes more and more favorable. There are now 85k coins till 50 or 4.91M USD. Even Bitstamp has more coins till 50 now than to 90. I wish for another dip though. If those who are waiting for 50 realize the train already starts, they probably will give in and fuel the fire and we could see huge moves, but where might that point be right now to admit that? When we go past 75-80? Probably, but that would be quite far away from the target zone 50-55.

you could have postet this nice and good looking chart pretty much anytime in the past 2 weeks and it would only change the numbers on it. 

[ChartBuddy]

[Loozik]

This becomes more and more favorable.

Well, you know, my pictures are for entertainment only  

Another entertaining picture of what MIGHT happen is below.

[Rampion]

I can feel a Winkledump coming.

BTW, how many coins do they have?

Over 100k, though in their SEC filing they propose to sell 200k BTC.

Very telling that no bounce is achieved even at current levels. Sorry to be the bearer of bad news, but bear with me: This thing needs to capitulate on incredible volume and a low <50 before we bottom out for good.

I'll have to bear with you, even if Ibought a little at $68ish to play lucifs game. He missed it in the past, but recently (2013) he have nailed it consistently, plus trading apart I find myself agreeing with him pretty much always when he comments about Bitcoin in general. He deserved it, but I think volume its been low and support weak, thus we are going to the $50s, sooner than in one  month.

[lebing]

I can feel a Winkledump coming.

BTW, how many coins do they have?

Over 100k, though in their SEC filing they propose to sell 200k BTC.

Very telling that no bounce is achieved even at current levels. Sorry to be the bearer of bad news, but bear with me: This thing needs to capitulate on incredible volume and a low <50 before we bottom out for good.

I'll have to bear with you, even if Ibought a little at $68ish to play lucifs game. He missed it in the past, but recently (2013) he have nailed it consistently, plus trading apart I find myself agreeing with him pretty much always when he comments about Bitcoin in general. He deserved it, but I think volume its been low and support weak, thus we are going to the $50s, sooner than in one  month.

Yeah, no. He was bearing it up all the way through the 20x increase, consistently and hilariously wrong until it started going into insano mode and then he switched to bull for a small amount of time. Thats a fail for 4 of 6 months this year.

[N12]

I love the smell of fresh Bitcoins hitting MtGox to extract some sweet, sweet FIAT MONEY.

[ChartBuddy]