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

[virtualfaqs]

Everyone watching and not posting? 

Watching the MU Tigers football game 

It's a tense standoff between the bulls and bears right now.

[mb300sd]

Everyone watching and not posting? 

Watching the MU Tigers football game 

SEC!

Bama embarrassed us last night...

[hyphymikey]

Everyone watching and not posting?  

Watching the MU Tigers football game  

SEC!

Bama embarrassed us last night...

Never thought I would see football on this thread lol.

I graduated from LSU, and a huge SEC fan.

Bama did not look like they wanted to win that game... but at least my team won.

EDIT: HODL!

[Ivanhoe]

Come on people, that's not football. Here in europe we have football!

[Voodah]

Tread lightly. A lot of signals have been triggered on lower time charts, and LTC has diverged.

If Gox falls below 861 we are going a leg down. Might even be the so awaited final capitulation.

[Mad Scientist]

Why did the green line (on BitStamp) separate like that?

[windjc]

Tread lightly. A lot of signals have been triggered on lower time charts, and LTC has diverged.

If Gox falls below 861 we are going a leg down. Might even be the so awaited final capitulation.

Ok. I don't suppose it will be the DIP THAT HAPPENS THIS TIME EVERY WEEK, would it?

Tomorrow there will be a weekend low and that will be the best time to buy. Next week will test new levels of resistance.

[nanobrain]

Tomorrow there will be a weekend low and that will be the best time to buy. Next week will test new levels of resistance.

Brave words...I'll make a note.

[windjc]

Tomorrow there will be a weekend low and that will be the best time to buy. Next week will test new levels of resistance.

Brave words...I'll make a note.

Please do. I haven't been wrong about a specific call I've posted on here yet. This may be the first, but I like my chances based on the common sense viewings of this current market.

I think we will have some more ups and downs before we are able to retest ATHs, but this next week is very bullish looking. Gox looks deadset on testing 925 and probably the 990s. Stamp will test 862 this coming week.  I think Stamp could retest 750 this weekend, but probably more likely 768.  Meanwhile, Gox could retest 840 or even 820 with a big dump this weekend. We'll see.

[MAbtc]

Tread lightly. A lot of signals have been triggered on lower time charts, and LTC has diverged.

If Gox falls below 861 we are going a leg down. Might even be the so awaited final capitulation.

Ok. I don't suppose it will be the DIP THAT HAPPENS THIS TIME EVERY WEEK, would it?

Tomorrow there will be a weekend low and that will be the best time to buy. Next week will test new levels of resistance.

The "weekend dip" does not always happen. Not at all.

[windjc]

Tread lightly. A lot of signals have been triggered on lower time charts, and LTC has diverged.

If Gox falls below 861 we are going a leg down. Might even be the so awaited final capitulation.

Ok. I don't suppose it will be the DIP THAT HAPPENS THIS TIME EVERY WEEK, would it?

Tomorrow there will be a weekend low and that will be the best time to buy. Next week will test new levels of resistance.

The "weekend dip" does not always happen. Not at all.

It has the last couple of weekends, the holiday weekends, which we are basically still in. I am actually a little more bullish for this weekend than the last two however.

[MAbtc]

Tread lightly. A lot of signals have been triggered on lower time charts, and LTC has diverged.

If Gox falls below 861 we are going a leg down. Might even be the so awaited final capitulation.

Ok. I don't suppose it will be the DIP THAT HAPPENS THIS TIME EVERY WEEK, would it?

Tomorrow there will be a weekend low and that will be the best time to buy. Next week will test new levels of resistance.

The "weekend dip" does not always happen. Not at all.

It has the last couple of weekends, the holiday weekends, which we are basically still in. I am actually a little more bullish for this weekend than the last two however.

The "weekend dip" myth has been around a long, long time.

[windjc]

Tread lightly. A lot of signals have been triggered on lower time charts, and LTC has diverged.

If Gox falls below 861 we are going a leg down. Might even be the so awaited final capitulation.

Ok. I don't suppose it will be the DIP THAT HAPPENS THIS TIME EVERY WEEK, would it?

Tomorrow there will be a weekend low and that will be the best time to buy. Next week will test new levels of resistance.

The "weekend dip" does not always happen. Not at all.

It has the last couple of weekends, the holiday weekends, which we are basically still in. I am actually a little more bullish for this weekend than the last two however.

The "weekend dip" myth has been around a long, long time.

Its not a myth when it happens. And during the holiday it has happened. People taking advantage of low trading, skeptical about the rally, no new fiat, etc. etc. etc.

Anyway, it happened the last two weekends and it looks like it might be happening right now.

[MAbtc]

Tread lightly. A lot of signals have been triggered on lower time charts, and LTC has diverged.

If Gox falls below 861 we are going a leg down. Might even be the so awaited final capitulation.

Ok. I don't suppose it will be the DIP THAT HAPPENS THIS TIME EVERY WEEK, would it?

Tomorrow there will be a weekend low and that will be the best time to buy. Next week will test new levels of resistance.

The "weekend dip" does not always happen. Not at all.

It has the last couple of weekends, the holiday weekends, which we are basically still in. I am actually a little more bullish for this weekend than the last two however.

The "weekend dip" myth has been around a long, long time.

Its not a myth when it happens. And during the holiday it has happened. People taking advantage of low trading, skeptical about the rally, no new fiat, etc. etc. etc.

Anyway, it happened the last two weekends and it looks like it might be happening right now.

On a sample set of what, 3 or 4? Maybe a back test is in order. But I think I have seen this conversation before....

[windjc]

Tread lightly. A lot of signals have been triggered on lower time charts, and LTC has diverged.

If Gox falls below 861 we are going a leg down. Might even be the so awaited final capitulation.

Ok. I don't suppose it will be the DIP THAT HAPPENS THIS TIME EVERY WEEK, would it?

Tomorrow there will be a weekend low and that will be the best time to buy. Next week will test new levels of resistance.

The "weekend dip" does not always happen. Not at all.

It has the last couple of weekends, the holiday weekends, which we are basically still in. I am actually a little more bullish for this weekend than the last two however.

The "weekend dip" myth has been around a long, long time.

Its not a myth when it happens. And during the holiday it has happened. People taking advantage of low trading, skeptical about the rally, no new fiat, etc. etc. etc.

Anyway, it happened the last two weekends and it looks like it might be happening right now.

On a sample set of what, 3 or 4? Maybe a back test is in order. But I think I have seen this conversation before....

Saying that it happens every weekend is no worse than saying it doesn't happen more frequently on weekends given certain conditions.

[kkaspar]

Hardly doubt that the final big crash will come today. I think it will take about 1-2 weeks, when everyone feels safe and cozy, and then, it will hit in waves that last for about 24h-48h. The waves will be full of fun little bulltraps that are run by bots who make their decisions based on all activated orders that are over 1000$. When this is over, then we will see a lot of despair from people who used to cheer that BTC will never stop rising to da m00n. When 2 weeks have passed and value hasn't risen over 400$ and places like coindesk and cryptonews are publishing news "ALL IS DOOMED!", then we will see a new wave of despair from the same cheerleading folks who now say that BTC is a scam and they lost their life savings... Then there will be a slow downfall for about 3-6 weeks when miracles will happen and new "news" will be published that all is well and BTC will soon be the currency for the entire universe and then the price will rise again to about 3000-4000$.

At least that is my speculation on this manipulated market of cheers and despair

[MAbtc]

Tread lightly. A lot of signals have been triggered on lower time charts, and LTC has diverged.

If Gox falls below 861 we are going a leg down. Might even be the so awaited final capitulation.

Ok. I don't suppose it will be the DIP THAT HAPPENS THIS TIME EVERY WEEK, would it?

Tomorrow there will be a weekend low and that will be the best time to buy. Next week will test new levels of resistance.

The "weekend dip" does not always happen. Not at all.

It has the last couple of weekends, the holiday weekends, which we are basically still in. I am actually a little more bullish for this weekend than the last two however.

The "weekend dip" myth has been around a long, long time.

Its not a myth when it happens. And during the holiday it has happened. People taking advantage of low trading, skeptical about the rally, no new fiat, etc. etc. etc.

Anyway, it happened the last two weekends and it looks like it might be happening right now.

On a sample set of what, 3 or 4? Maybe a back test is in order. But I think I have seen this conversation before....

Saying that it happens every weekend is no worse than saying it doesn't happen more frequently on weekends given certain conditions.

What are you saying, specifically?

[Voodah]

What are you saying, specifically?

Nothing at all.

[virtualfaqs]

What are you saying, specifically?

Nothing at all.

That's the majority of people in this thread. 

[macsga]

Hardly doubt that the final big crash will come today. I think it will take about 1-2 weeks, when everyone feels safe and cozy, and then, it will hit in waves that last for about 24h-48h. The waves will be full of fun little bulltraps that are run by bots who make their decisions based on all activated orders that are over 1000$. When this is over, then we will see a lot of despair from people who used to cheer that BTC will never stop rising to da m00n. When 2 weeks have passed and value hasn't risen over 400$ and places like coindesk and cryptonews are publishing news "ALL IS DOOMED!", then we will see a new wave of despair from the same cheerleading folks who now say that BTC is a scam and they lost their life savings... Then there will be a slow downfall for about 3-6 weeks when miracles will happen and new "news" will be published that all is well and BTC will soon be the currency for the entire universe and then the price will rise again to about 3000-4000$.

At least that is my speculation on this manipulated market of cheers and despair

Nice story! When the Unicorns come into play?

Seriously now: It's a speculative thread so anyone has an opinion and he's/she's free to say it. Aside the exchanges we know there are transactions outside of them. It's like normal people who are able to buy themselves their stocks from the stock exchange; and there's a big fund who wants to do the same job. The only common between those two is that they both trading; the rules are different though.

Believe me when the big move is about to come we will know about it. When BTC China went down we KNEW about it and several people here made a lot of coins/fiat from the intel. MOST people will do nothing about it. Either there's fear and despair, speculation that "this is not it" (even if it actually is and everybody says so) or really whatever reason makes one feel comfortable in his divinity of dreams.

The game has specific rules for EVERYBODY. Chances are you and me have the same. Chances are we have not. Don't get too emotional with other people's thoughts or TAs. I like monitoring and verifying a couple of those funky charts; but frankly I don't give a damn. They're as valid as a total lucky call is. What I have in mind is my point of entry (I did so) and my point of exit. This is what most small holders should do IMHO. Otherwise, there are many chances that it will end in tears for them.

Have a nice one; I'm off to sleep. Goodnight from Greece.