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

[Richy_T]

Why did the automated posts got so small? I have this new huge monitor for nothing? LOL

click on it.  It saves us some room to read other things.

It had to be shrunk because the people who read this thread have beady eyes.

[Its About Sharing]

http://thegenesisblock.com/coinbase-makes-buying-bitcoin-instant-from-any-connected-bank-account/

Nice, a bit like bitcoin.de before they got a bank.
You will still need to wait 3-4 days to get your coins (transfer needs to clear).

[notme]

Why did the automated posts got so small? I have this new huge monitor for nothing? LOL

click on it.  It saves us some room to read other things.

It had to be shrunk because the people who read this thread have beady eyes.

I liked it bigger, but I understand how much people whine.  At the very least though you should make it slightly bigger.  There is no need for it to be smaller than the minimum post size.

[notme]

http://thegenesisblock.com/coinbase-makes-buying-bitcoin-instant-from-any-connected-bank-account/

Nice, a bit like bitcoin.de before they got a bank.
You will still need to wait 3-4 days to get your coins (transfer needs to clear).

No.  You used to have to wait 3-4 days.  Now it is actually instant.

[Its About Sharing]

http://thegenesisblock.com/coinbase-makes-buying-bitcoin-instant-from-any-connected-bank-account/

Nice, a bit like bitcoin.de before they got a bank.
You will still need to wait 3-4 days to get your coins (transfer needs to clear).

No.  You used to have to wait 3-4 days.  Now it is actually instant.

Oops, my bad, I was reading the bitinstant part.
Anytime you add easier access to BTC's you are increasing the market. We get a few more of these and we might have another bubble on our hands. 

[Its About Sharing]

I really just wonder if the guys who brought BTC to where it is now with their millions in purchases the last few days, will decide to bring it back down?
And it just seems like they like using TA too boot.

Basically, if any of us had a few million to throw around, we might be able to do the same...?

[Ultraviolet]

I wonder how hard it'll throw down when $90 is broken. It's strange though. The market has proven itself to have considerably more buying power than one would imagine from a dump from $104 to $65 where it sat in the $60s for 2 days.

A purely speculative market.

The biggest problem is the market lacks the natural buying power to move on its own. It needs whales to make real % increase/decreases happen. Though the guy who bought 15k BTC at 80 must be enjoying his $300k right now.

[bitcryptonit]

I wonder how hard it'll throw down when $90 is broken. It's strange though. The market has proven itself to have considerably more buying power than one would imagine from a dump from $104 to $65 where it sat in the $60s for 2 days.

A purely speculative market.

The biggest problem is the market lacks the natural buying power to move on its own. It needs whales to make real % increase/decreases happen. Though the guy who bought 15k BTC at 80 must be enjoying his $300k right now.

maybe their target is to bring bitcoin below $50 and then buy a lot.

[seleme]

I've definitely expected ths rally to hold "a bi" more than it had... damn, I thought I'd finish with 100-200 more ltc 

This is one heck of a crazy market.

[Frozenlock]

I really just wonder if the guys who brought BTC to where it is now with their millions in purchases the last few days, will decide to bring it back down?

It's not a big buy.

It's a bunch of small guys saying "up Up UP!"

[Its About Sharing]

I really just wonder if the guys who brought BTC to where it is now with their millions in purchases the last few days, will decide to bring it back down?

It's not a big buy.

It's a bunch of small guys saying "up Up UP!"

eheheh, I have been in Germany too long. I actually had to look up "Hold the bag" as it's not in my active vocab anymore.

How can you say small guys when it was 4000 bitcoins or so bringing things up.... And down we go as I type. (That was a sign).

[Abandon]

ABCD pattern or Three Drive:

http://www.babypips.com/school/the-abcd-and-the-three-drive.html

[ElectricMucus]

I like how the price is always break upside in Abandons charts. 

[Abandon]

I like how the price is always break upside in Abandons charts. 

I'll try to post bearish charts in the future. Usually I'm not as thrilled by them.

[ElectricMucus]

I like how the price is always break upside in Abandons charts. 

I'll try to post bearish charts in the future. Usually I'm not as thrilled by them.

It's called selective perception. TA should not be influenced by what you want to happen.

[Abandon]

I like how the price is always break upside in Abandons charts. 

I'll try to post bearish charts in the future. Usually I'm not as thrilled by them.

It's called selective perception. TA should not be influenced by what you want to happen.

I draw bearish charts for myself, but I haven't usually shared them here on this forum.

[ChartBuddy]

[ElectricMucus]

I like how the price is always break upside in Abandons charts. 

I'll try to post bearish charts in the future. Usually I'm not as thrilled by them.

It's called selective perception. TA should not be influenced by what you want to happen.

I draw bearish charts for myself, but I haven't usually shared them here on this forum.

lol

[Chalkbot]

It's called selective perception. TA should not be influenced by what you want to happen.

Doesn't all TA fit under this description?

[zemario]

Argh darn... I bought some coins thinking people would start panic buying, looks like it wasn't such a good decision. But after this week I'm not sure we will see 60~70 ever again. I might be wrong but it looks like people is steady regaining confidence.