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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26371271 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.)
pickard
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December 11, 2013, 05:32:43 PM
 #59121

Yes it could go up from here (not likely),  but it can't be called a reverse head and shoulders, due to the all time high as the middle peak.  do you follow what i'm saying?

It doesn't matter, ATH or not ATH for the middle peak.
The middle peak of a H&S pattern is almost always a top of a trend.

Yes it matters!

If one of the peaks is the all time high, then how can there be a REVERSAL PATTERN?   The reverse head and shoulders is a reversal pattern formed after a long downtrend, showing that the market has been moving down for a long period and is reversing to go back up.  we are at the end of a long uptrend.  and the 1d chart referred to shows a potential head and shoulders.  the second peak being the all time high.



I mean H&S as trend reversal pattern, not reverse H&S. Sorry, didn't understand correctly the previous posts.







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babeq
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December 11, 2013, 05:32:54 PM
 #59122

I just back from work and seeing that bitcoin fell about 100$ today, could anyone tell me what caused that? Any bank banned bitcoin?
fr33d0miz3r
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December 11, 2013, 05:34:29 PM
 #59123

Looks like reverse ass to me Cheesy



Probably. Or reverse tits.
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December 11, 2013, 05:35:08 PM
 #59124

I just back from work and seeing that bitcoin fell about 100$ today, could anyone tell me what caused that? Any bank banned bitcoin?

we call it the ebb and flow of a developing market..

Another thought the loop shape from last Friday is awful similar to those double tops lol in reverse
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December 11, 2013, 05:35:17 PM
 #59125

yeah, tits are good call too.  Grin
jones31
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December 11, 2013, 05:35:38 PM
 #59126

Stop buying those damn Lamborghinis , that dealer is cursed.
Every time they make a sales the price goes bananas.
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December 11, 2013, 05:39:00 PM
 #59127

Stop buying those damn Lamborghinis , that dealer is cursed.
Every time they make a sales the price goes bananas.

I'm sorry, but my wife needed a pink one.
And why shouldn't they sell btc? It's damn risky for any dealer to hold bitcoins, when you need to pay the import salesman. They can't wait 6 months after a crash to achieve the same price level.
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December 11, 2013, 05:43:53 PM
 #59128

When bears doom and gloom in times of relatively good news it seems they get bit.. they get so much further with those lovely misinterpreted non English statements.
I_bitcoin
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December 11, 2013, 05:44:18 PM
 #59129

Interesting article that picks apart the BAML $1300 analysis.      Overall positive in that they say Bitcoin is not a crazy investment Smiley

http://www.nasdaq.com/article/aaron-brown-can-a-value-investor-buy-a-bitcoin-cm310791

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December 11, 2013, 05:47:41 PM
 #59130

I just back from work and seeing that bitcoin fell about 100$ today, could anyone tell me what caused that? Any bank banned bitcoin?

Sheep got fleeced on Friday manip, sold low. Panic bought over fair value. IF we do go down, it will be minimal.

Also, I am just at the BTC convention in Vegas - it is good news all around here and will be released within a day or two. The community behind BTC is amazing to say the least.

All you guys with your fancy pictures predicting a move down... 1 BTC says you are mainly in FIAT atm.
marcelus
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December 11, 2013, 05:47:57 PM
 #59131

Check 1d at Moody. Such classic.

Yall know what to do.  Cool Cool Cool

Actually, no I don't. Bounce or continuation of rally after extreme correction?
looks like a head and shoulders is maybe forming, which would mean sub $500 on gox.  

http://www.youtube.com/watch?v=1ByzZ6b4ET8&list=PL33D0C18CDEBF64B7

This is what I'm thinking. Possibly test $400.
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December 11, 2013, 05:49:41 PM
 #59132

Check 1d at Moody. Such classic.

Yall know what to do.  Cool Cool Cool

Actually, no I don't. Bounce or continuation of rally after extreme correction?
looks like a head and shoulders is maybe forming, which would mean sub $500 on gox.  

http://www.youtube.com/watch?v=1ByzZ6b4ET8&list=PL33D0C18CDEBF64B7

This is what I'm thinking. Possibly test $400.

no no no.

bears are committing suicide nothing more.
I_bitcoin
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December 11, 2013, 05:49:45 PM
 #59133

Lambo just bought from that dealer in newport (second car from them).

https://blockchain.info/address/1MVvYHYJxYCiP8xguQo6obqZGpxLkgTLTv

http://www.reddit.com/r/Bitcoin/comments/1sn0gi/someone_on_4chan_actually_bought_a_lamborghini/

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December 11, 2013, 05:50:26 PM
 #59134

with your fancy pictures predicting a move down... 1 BTC says you are mainly in FIAT atm.

And 1 USD says you are mainly in bitcoin atm - so what? Nobody here says what they really think, only what their position is, you as well.
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December 11, 2013, 05:54:27 PM
 #59135

Check 1d at Moody. Such classic.

Yall know what to do.  Cool Cool Cool

Actually, no I don't. Bounce or continuation of rally after extreme correction?
looks like a head and shoulders is maybe forming, which would mean sub $500 on gox.  

http://www.youtube.com/watch?v=1ByzZ6b4ET8&list=PL33D0C18CDEBF64B7

This is what I'm thinking. Possibly test $400.

why so much, lets test $0.4, I can buy all you have then. You don't have any? Pity.
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December 11, 2013, 05:54:39 PM
 #59136

with your fancy pictures predicting a move down... 1 BTC says you are mainly in FIAT atm.

And 1 USD says you are mainly in bitcoin atm - so what? Nobody here says what they really think, only what their position is, you as well.

I don't get it, you aren't in a position that will be beneficial to how you are thinking?... So you are either lying to yourself, or simply believe that your best judgment is more than likely wrong.

adamstgBit
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December 11, 2013, 05:56:48 PM
 #59137

its so simple its not even funny


some poeple are cashing out, alot of new poeple are cashing in, who will win, OH the excitement!
Davyd05
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December 11, 2013, 05:57:06 PM
 #59138

with your fancy pictures predicting a move down... 1 BTC says you are mainly in FIAT atm.

And 1 USD says you are mainly in bitcoin atm - so what? Nobody here says what they really think, only what their position is, you as well.

I've never lied about my stances no way to prove that directly, nor do I totally discredit bears.. just the majority of them act like chicken little every time someone takes profits.. not everyone is in it for the long haul.

But yeah.. I don't say 10k after every rally ( I'm sure I have said it before)  some do.. there are crazy people on both sides.
nagnagnag2
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December 11, 2013, 05:57:54 PM
 #59139

socketio.mtgox.com does not work
websocket.mtgox.com does not work
data.mtgox.com does not work

why?
adamstgBit
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December 11, 2013, 05:59:05 PM
 #59140

socketio.mtgox.com does not work
websocket.mtgox.com does not work
data.mtgox.com does not work

why?

3 poeple tried to access the api at the same time.

KABOOM!
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