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

[Cablez]

I agree entirely.

Nobody in their right mind would sell another 5000-10000 BTC right now - they need to wait for the bids to fill in first.

I believe I said it earlier but he who dumps first wins. That 10k dump earlier was a real winner !

Yeah, but most bought in below 120 in june/july. I expected a bigger dump. But I agree, better wait till it calms down and moves up a bit and then do another round.

Makes sense, slowly letting the buyers buy up until the big whales is in the profit zone, then dump.

He who holds the longest wins. There are no signs of a ending uptrend.

Yet......

[seljo]

This is... Sparta?

no no no THIS IS

CRASHING!

This is bitcointalk.org just FYI...

[molecular]

It was a well predicted correction (the last couple of days I've been looking for it). I believe $170-$180 is the limit down. I support the $300 jump too; but I am an optimistic person anyway...

Are you blind ? It's going to 120. Period . And 120 is not that bad when you look at 3months last prices.

I guess so far macsga: 1, mah87: 0 minus 1 for style

[molecular]

Exactly ! You'll all know my position on it: IT GONNA CRASH HARD!

We surely do know your position by now.

[molecular]

Damn funds taking so long to transfer. Here's to hoping for another whale dump tomorrow when I got me some fiat ready at the exchange!

You're doing it wrong.

[molecular]

ripple is the future : https://ripple.com/blog/xrp-for-prosperity-888-xrp-giveaway-open-in-china/

Last chance to come onboard

Oh for fucks sake you idiot, that's it. You already posted that unfounded crap.

I can accept your views (I don't agree with them, but I respect them), but the way you present them here is not worthy of a human being. You're getting on everyones nerves. How about going back into your parrot cage for a day two and cool down a bit?

ignore +1

[crazy_rabbit]

I agree entirely.

Nobody in their right mind would sell another 5000-10000 BTC right now - they need to wait for the bids to fill in first.

I believe I said it earlier but he who dumps first wins. That 10k dump earlier was a real winner !

Yeah, but most bought in below 120 in june/july. I expected a bigger dump. But I agree, better wait till it calms down and moves up a bit and then do another round.

Makes sense, slowly letting the buyers buy up until the big whales is in the profit zone, then dump.

He who holds the longest wins. There are no signs of a ending uptrend.

Agreed.

[oda.krell]

(Bitstamp figures used) If we set the beginning of the current upmove to $122, which was the base in early October, and the high point to $205.4, we have the following Fibonacci levels:

1st: $173.5
2nd: $153.9
3rd: $141.7

I have been successfully trading but watching the 2nd level almost always. If we are talking about a daily move, the base is the plateau in the last 12-24 hours, if medium-term move, the base is the last consensus when price was flat for several days or weeks.

We already touched $157 and now the price is going up with a vengeance. There are several scenarios:

- Price will continue to go up, and surpass the intermediate high of $205 in a few days, so that this will be remembered as a flashcrash. In February-March we had several of them, shaving off 20-30% of the price but leaving no mark except on those who sold out and did not manage to buy back in.

- Price will fall back to where we started ($120s), which questions the viability of the whole supposed uptrend or this October, turning it to a bull trap. meh87 is advocating this.

- We are currently experiencing a Fibonacci retracement on our way to higher highs. This would point to a reasonable probability of revisiting $150s, and underline the support found there. If I had money in the exchange, I would try to fish from there, and not hope for going any lower. If several days pass and the uptrend is resumed, the scenario still holds but the opportunity to buy has already passed.

Beautiful analysis!

Thanks. The initial crash dipped straight to the 1st Fibonacci level, and the second selloff is almost there in the 2nd level. If it had gone a few bucks lower, I would think that's it. Now I hope that we revisit the lows. No money at stake because I did not sell (it was a troll).

Perhaps I'll just have to send some to Bitstamp to be able to play..

You know, when you put effort into your analysis, your posts are actually worth reading. I'm not a great believer in Fibonacci mysticismanalysis, but the conclusions you arrive at are plausible, in my opinion.

tl;dr I like your current style a lot better than your pink RR period

[mah87]

ripple is the future : https://ripple.com/blog/xrp-for-prosperity-888-xrp-giveaway-open-in-china/

Last chance to come onboard

Oh for fucks sake you idiot, that's it. You already posted that unfounded crap.

I can accept your views (I don't agree with them, but I respect them), but the way you present them here is not worthy of a human being. You're getting on everyones nerves. How about going back into your parrot cage for a day two and cool down a bit?

ignore +1

Why are you so mad bro ?

[oda.krell]

Hey, I don't know why you're doing that, but can you please stop posting empty posts? I only see your username and then nothing else. kthxbye

[NewLiberty]

ripple is the future : https://ripple.com/blog/xrp-for-prosperity-888-xrp-giveaway-open-in-china/

Last chance to come onboard

Oh for fucks sake you idiot, that's it. You already posted that unfounded crap.

I can accept your views (I don't agree with them, but I respect them), but the way you present them here is not worthy of a human being. You're getting on everyones nerves. How about going back into your parrot cage for a day two and cool down a bit?

ignore +1

Why are you so mad bro ?

Doubt he will answer as you are probably ignored, but since you have difficulty understanding meaning maybe I can help make it plain this once.
He is granting you some small measure of success in your ongoing goal of spreading hate for Ripple and yourself.

[ChartBuddy]

[NewLiberty]

Excellent, this correction is damn healthy. The longer it hovers around 200, the better.

+1
The price curve was starting to bend up further.  The exuberance gets checked and becomes a bit more rational exuberance rather than that other kind.

[JimboToronto]

But ripple is so great!

[mah87]

But ripple is so great!

woooow thank you so much

[MoreFun]

But ripple is so great!

STFU you are the only person I ignored as you are really annoying.

[stereotype]

tl;dr I like your current style a lot better than your pink RR period

Yep, reasoned and considered....still having visions of laptops that don't belong in saunas, tho.  

[mah87]

But ripple is so great!

STFU you are the only person I ignored.

thank you dear sir

[Miz4r]

Those who haven't learned from the SR ''crash'' are just getting schooled again. Always great fun to watch them fail and squirm.

[Franktank]