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Question: What happens first:
$65,000 - 59 (86.8%)
$48,000 - 9 (13.2%)
Total Voters: 68

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26336534 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. (170 posts by 1 users with 9 merit deleted.)
N12
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January 09, 2014, 02:12:00 PM
 #74401


There is a certain degree of randomness to this calculation because it is based on a rolling average of the past X blocks,

This could also be the reason it peaked to 42 % in the first place.
True, could have been a statistical anomaly. Are there any graphs of this with a longer "rolling average" that is less susceptible to change by the most recent blocks?

edit: Nameless, I know you're one of the few people here who, like me, won't sacrifice money for ideology or wants. Smiley
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lebing
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Enabling the maximal migration


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January 09, 2014, 02:13:24 PM
 #74402

I see the beautiful double bottom and "W" forming




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January 09, 2014, 02:13:30 PM
 #74403

LOL. Here we go again.



This is getting tiresome.
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January 09, 2014, 02:14:36 PM
 #74404

I see the beautiful double bottom and "W" forming


http://gyazo.com/d72afdd6d5ff4c62690795dc3c8aacda.png

It's the W from "Why are you not selling everything yet!"
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January 09, 2014, 02:16:20 PM
 #74405

I see the beautiful double bottom and "W" forming




I still see a dinosaur. Everything must be ok then!  Cheesy


How is TA relevant when all of this volatility is based on news?
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📱 CARTESI 📱 INFRASTRUCTURE FOR SCA


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January 09, 2014, 02:17:41 PM
 #74406

Good news:Coinsetter integretes with bitstamp http://www.coindesk.com/coinsetter-integrates-with-bitstamp/.

I see also that the very long term bullish channel has been broken for now, and needs to get higher than 925 asap..
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January 09, 2014, 02:19:45 PM
 #74407

How is TA relevant when all of this volatility is based on news?

Haven't you heard? News means nothing. Only lines on charts are important.
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January 09, 2014, 02:23:12 PM
 #74408

I see the beautiful double bottom and "W" forming




I still see a dinosaur. Everything must be ok then!  Cheesy

Dinosaur is already been formed, its on the 1H graph.

Now we need to form another dinosaur, starting from the tail.
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January 09, 2014, 02:24:34 PM
 #74409

42% actually down to 38-39% today so community reacting?


btcguild was owning 40-41% on many occasions in the past. blockchain.info pools info never been accurate one.
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January 09, 2014, 02:27:43 PM
 #74410

They sell now because fake panic we buy later cheep

http://www.youtube.com/watch?v=iY3tEioB4BI
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this statement is false


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January 09, 2014, 02:28:52 PM
 #74411

I see the beautiful double bottom and "W" forming




I still see a dinosaur. Everything must be ok then!  Cheesy

How is TA relevant when all of this volatility is based on news?

well if you can't tell that this TA isn't very serious by context, you've got more serious problems than news-panic Wink

that being said, it still isn't clear whether or not the sell-off was "caused" by the news, or merely exacerbated by it.
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January 09, 2014, 02:29:47 PM
 #74412

Probably the best time to manipulate market.  Grin
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January 09, 2014, 02:30:02 PM
 #74413

that being said, it still isn't clear whether or not the sell-off was "caused" by the news, or merely exacerbated by it.
This "news" would never have been looked at had we been in a strong uptrend. The price affects the perception of the news. We are all ruled by emotion, and so is the market, regardless of news.
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hm


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January 09, 2014, 02:31:56 PM
 #74414

that being said, it still isn't clear whether or not the sell-off was "caused" by the news, or merely exacerbated by it.

It were news! Mining pool, btc could threaten the USD, China's Ebay will not accept deal with cryptos (might be not new, but I heard this today the first time) and so on. 
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January 09, 2014, 02:33:12 PM
 #74415

Or maybe its CoinBull making a move?
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January 09, 2014, 02:33:53 PM
 #74416

JimboToronto
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January 09, 2014, 02:38:49 PM
 #74417

Or maybe its CoinBullshitter making a move?

ftfy
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this statement is false


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January 09, 2014, 02:51:36 PM
 #74418

that being said, it still isn't clear whether or not the sell-off was "caused" by the news, or merely exacerbated by it.
This "news" would never have been looked at had we been in a strong uptrend. The price affects the perception of the news. We are all ruled by emotion, and so is the market, regardless of news.

i'm aware of this, blitz, and i definitely agree with you. that was rather the point i was making, in response to medialab's idea that the TA is not relevant because all of the volatility is "based on news".

i've been trying to remind the newer folks that the news doesn't affect the price the way they think it affects the price...

--arepo
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January 09, 2014, 02:59:01 PM
 #74419

People seem to panic sell now.

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


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January 09, 2014, 03:02:41 PM
 #74420


Explanation
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