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

[fonzie]

Bull Trap - Final edition; Before the (confirmed) final capitulation!

 

Following all my confirmed sources (ShroomsKit, mmitech, TStuart etc.) it has to go to the moon, now!

Stop spreading FUDs!

Once again huh? Where did i say it's going to the moon? What is it with you bears and the non stop lying and making up things. Are you people really that desperate? Live must really suck as a bear reading your posts here.

You trade and trust your money/BTC to be on Gox, nuff said.  

PS: I know you can´t read this coz i´m on your ignore list , which makes me sad :-( Open your mind, the revolution is coming, we can all be part of it. Do it

[hdbuck]

Can we have a bit of objectivity down here instead of this childish war between bulls & bears? I mean seriously, there is nothing relevant for the last 100 pages. Just take a deep breath, forget your positions (long or short, we dont care) and just gives proper argument about BTC price traking regarding short term (from 1 week to lets say 3 months) because we all know whats going to happen in the long run anyway.

So personally, all this side movement with little dips sub 800 makes me feel we are still in some consolidation after november's pike, where there is still room for extra panic selling whenever the market loose its temper because nothing 'important' will happen within that time frame to push it to next ATH.

Please argue.

disclosure: i bought back @ 735, waiting for 825ish to sell back.

[dgarcia]

Bull Trap - Final edition; Before the (confirmed) final capitulation!

 

Following all my confirmed sources (ShroomsKit, mmitech, TStuart etc.) it has to go to the moon, now!

Stop spreading FUDs!

Once again huh? Where did i say it's going to the moon? What is it with you bears and the non stop lying and making up things. Are you people really that desperate? Live must really suck as a bear reading your posts here.

To talk a bit serious:

I'm not bearish, neither bullish. Bought back at 745,00$. Don't think sarcasm, 'caused by all these feverish - You'll miss the train postings - is the same as missing intelligence.

I only can't participate this exaggerated bullish fever.

Until now, nobody missed the train.

[macsga]

To talk a bit serious:

I'm not bearish, neither bullish. Bought back at 745,00$. Don't think sarcasm, 'caused by all these feverish - You'll miss the train postings - is the same as missing intelligence.

I only can't participate this exaggerated bullish fever.

Until now, nobody missed the train.

True story. I guess it won't be the same after tomorrow. We'll see.

[aminorex]

We are in the big downslope on the bubble phase chart.  Proof is by apophenia.  Question is what is the baseline.  On a linear baseline we're all doomed and the bears will gnaw our bones.  A linear baseline is utterly irrational, in my opinion.  The admissible choices are (1) logarithmic baseline in exp(5/4),  and (2) logistic baseline (some parameters for which remain unanalyzed).

[merkin51]

We are in the big downslope on the bubble phase chart.  Proof is by apophenia.  Question is what is the baseline.  On a linear baseline we're all doomed and the bears will gnaw our bones.  A linear baseline is utterly irrational, in my opinion.  The admissible choices are (1) logarithmic baseline in exp(5/4),  and (2) logistic baseline (some parameters for which remain unanalyzed).

Posts like these need a layman's terms summary at the end.

[dgarcia]

disclosure: i bought back @ 735, waiting for 825ish to sell back.

If this wedge does not break upwards (what could happen), 810 - 815 could be a safer target.

[kehtolo]

Falling wedge = bullish pattern.

Well, in traditional charts anyway.. buut this is BTCitcoin

[dgarcia]

Falling wedge = bullish pattern.

Well, in traditional charts anyway.. buut this is BTCitcoin

Yep, d'accord. Falling wedge is normally a bullish pattern and a rising wedge a baerish pattern. But, as you said, it's bitcoin ;-)

[fonzie]

To me it still looks like a descending triangle(bearish ), but it also depends on what exchange you use. This one is from BTC-e.

[dgarcia]

To me it still looks like a descending triangle(bearish ), but it also depends on what exchange you use. This one is from BTC-e.

Normally both should be a continuation pattern (in an uptrend), so it doesn't matter if you see it as a wegde or triangle. But in the Bitcoin-World I'm personally giving only a tiny valuation on chart-patterns.

[fortune143]

I agree with this guy

Can we have a bit of objectivity down here instead of this childish war between bulls & bears? I mean seriously, there is nothing relevant for the last 100 pages. Just take a deep breath, forget your positions (long or short, we dont care) and just gives proper argument about BTC price traking regarding short term (from 1 week to lets say 3 months) because we all know whats going to happen in the long run anyway.

And I agree with this guy

We are in the big downslope on the bubble phase chart.  Proof is by apophenia.  Question is what is the baseline.  On a linear baseline we're all doomed and the bears will gnaw our bones.  A linear baseline is utterly irrational, in my opinion.  The admissible choices are (1) logarithmic baseline in exp(5/4),  and (2) logistic baseline (some parameters for which remain unanalyzed).

Posts like these need a layman's terms summary at the end.

All I ever see in this thread are people making wild guesses as to whether we're going to the moon or not, 'bold predictions' based on super smart Technical Analysis that only actually applies in very specific contexts, fancy jargon and buzzwords pulled straight out of Wall Street for Dummies 2007, and a few trolls who think its a laugh to completely exaggerate information (can't even be called news most times) and purchase a few cheap coins. well yaaawwwwnnnnn.

I would recommend more commentary or analysis on the bitcoin economy, the infrastructure of the protocol and the new innovations being built on top of, or beside Bitcoin, as well as the effect that the non-bitcoin community (ie government, businesses, big money, ordinary people etc) are having on the future of bitcoin. Yes this is for speculation but this is probably the biggest echo chamber in the whole of bitcoinland.

/rant

Anyone looking forward to the hearing this eve then?

[empowering]

We are in the big downslope on the bubble phase chart.  Proof is by apophenia.  Question is what is the baseline.  On a linear baseline we're all doomed and the bears will gnaw our bones.  A linear baseline is utterly irrational, in my opinion.  The admissible choices are (1) logarithmic baseline in exp(5/4),  and (2) logistic baseline (some parameters for which remain unanalyzed).

Posts like these need a layman's terms summary at the end.

Laymans terms- This shizz just got real! ; )

[Richy_T]

How many times does the graph have to be wrong before people stop posting it? I've been seeing it since 2011.

It's not wrong, we just don't know where we are, or what the mean looks like.
[/quote]

The graph is self-similar and somewhat vague and generic thus it will appear to apply at many scales. I may make an animation about it.

We'll continue to see it until Bitcoin finally stabilizes for a year or two.

[ChartBuddy]

Explanation

[Dragonkiller]

How many times does the graph have to be wrong before people stop posting it? I've been seeing it since 2011.

It's not wrong, we just don't know where we are, or what the mean looks like.

The graph is self-similar and somewhat vague and generic thus it will appear to apply at many scales. I may make an animation about it.

We'll continue to see it until Bitcoin finally stabilizes for a year or two.
[/quote]

well we know that institutional investors are now in/getting in, and we are getting serious media attention. the mania stage is yet to come.

[Richy_T]

They are from those poor souls who would rather work for 1000$ per month whole their life than invest and risk 100$ into something.

Except the lottery, probably. Don't want to have to think too hard.

[deeplink]

All I ever see in this thread are people making wild guesses as to whether we're going to the moon or not, 'bold predictions' based on super smart Technical Analysis that only actually applies in very specific contexts, fancy jargon and buzzwords pulled straight out of Wall Street for Dummies 2007, and a few trolls who think its a laugh to completely exaggerate information (can't even be called news most times) and purchase a few cheap coins. well yaaawwwwnnnnn.

You must be new here..

 

[Richy_T]

Does anybody know how many coins Shrem has? I bet the FBI takes them too.

What if I told you that Shrem works for the FBI...

Only if you do it as a meme picture.

[Vigil]

How many times does the graph have to be wrong before people stop posting it? I've been seeing it since 2011.

It's not wrong, we just don't know where we are, or what the mean looks like.

The graph is self-similar and somewhat vague and generic thus it will appear to apply at many scales. I may make an animation about it.

We'll continue to see it until Bitcoin finally stabilizes for a year or two.

well we know that institutional investors are now in/getting in, and we are getting serious media attention. the mania stage is yet to come.
[/quote]The mania stage of what? We have already had mania stages... We just had one in Nov/Dec. After each of those mania stages comes return to the mean. You are talking about some lower order mania. The manias we have experienced are higher-order.