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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 26371112 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.)
ChartBuddy
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March 16, 2014, 12:02:12 PM


Explanation
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Spaceman_Spiff
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March 16, 2014, 12:05:29 PM

Something to stare at: Off Topic



thats so tripy
Is it going up when you look at it or do you see it going down?
All parts are slowly going down, except for 1 part that is going up 4 times as fast.  Net movement is zero.

By the way, we did it , bitcoin price is finally stable  Grin.
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March 16, 2014, 01:02:13 PM


Explanation
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March 16, 2014, 01:29:34 PM


wicked... it is stariting to be boring Smiley

Smiley ~800 would be better
JorgeStolfi
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March 16, 2014, 01:53:16 PM

Bitstamp suddenly stayed still and then Huobi's sheep went into a panic freeze.
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March 16, 2014, 02:02:17 PM


Explanation
elasticband
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March 16, 2014, 02:19:19 PM

$630 is getting really old.....
scorp1618
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March 16, 2014, 02:40:40 PM

http://shouldibuyorsellbitcoin.com
aminorex
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March 16, 2014, 02:58:48 PM

for 16 hours the trend has been following the feb-mar upper resistance line downward at about 5.50 USD/diem.
the larger trend following the active-wallets-squared fit upward from 8 Mar at 3.25/diem remains intact down to 620.
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March 16, 2014, 02:59:40 PM


The simplicity of that site certainly chimes with these attention-short times. It would be nice to have just a teensy bit of context.
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March 16, 2014, 03:29:43 PM


The simplicity of that site certainly chimes with these attention-short times. It would be nice to have just a teensy bit of context.

In the works. Targets along with a link to latest analysis (done on TradingView).
JorgeStolfi
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March 16, 2014, 04:12:07 PM

Is it my impression, or has there been a general clamp-down on discussion and analysis of the MtGOX heist and its leaked database?  Tongue
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March 16, 2014, 04:36:28 PM

Is it my impression, or has there been a general clamp-down on discussion and analysis of the MtGOX heist and its leaked database?  Tongue

Have we indeed run out of stuff to talk to each other and argue about?  Cheesy

Nobody even wants to discuss beer. Beer is fun. I like beer. I used to just drink it but in the last year or so I've started going to beer tastings. Now I know how little I know about beer  Cheesy Last time I discovered a type of beer called barley wine. It has 12% of alcohol but doesn't taste like it at all. I bought a bottle of it and if something doesn't happen soon I'm going to open it and drink it.
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March 16, 2014, 04:38:21 PM

Is it my impression, or has there been a general clamp-down on discussion and analysis of the MtGOX heist and its leaked database?  Tongue

It's just your impression and, more generally, the impression of Bitcoin bears.

People who have a predisposed opinion that Bitcoin is a bound-to-fail concept thought that the failure of Mt.Gox was proof that they were right. They assumed that Bitcoin would have gone to zero by now and that we would all be constantly talking about it.

People who are optimistic about Bitcoin's future don't find the Mt.Gox drama that interesting.
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March 16, 2014, 04:39:14 PM

I'm literally watching the 1m chart now........ those trendlines are being CRAZILY held tight. It can't continue for much longer until the trendlines converge... Something is going to happen by midnight at least... IMO
ChrisML
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March 16, 2014, 04:44:20 PM

Lets fucking hope so.

I actually had to start using viagra for the first time in weeks, thats how boring it is at the moment.
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March 16, 2014, 04:48:40 PM

Someone suggsted that  the low volume is due to the Spring break in US universities. I have been trying to find out if this weekend is especially significant in China, without much success.  It seems that some universities start classes around this time, but others don't.  Any clues?

I thought that perhaps the non-Chinese exchanges are the source of volatility, in spite of their small volume.  Namely, 1 BTC of trade at Bitstamp moves the price by some amount, then arbitragers propagate the change to Huobi, and traders at Huobi react by swapping 10 BTC among themselves before settling more or less where they were before and propagating that back to Bitstamp.  Thus, with the western markets shut down because of Spring break, the Chinese ones just sit still.  Makes sense?

EDIT: one argument: in the Chinse exchanges the only asks and bids are for speculation inside the exchange, whereas outside China there are asks and bids that are generated externally, eg. by people who want to buy things with bitcoin.


I really doubt that it would be fruitful to follow the angel that bitcoin is supposedly driven by students.. and that their spring break affects trading volume.  It seems too big of a logical stretch.... or an attempt to look for the zebra when the explanation is a horse.
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March 16, 2014, 04:51:25 PM

625 incoming.
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March 16, 2014, 04:55:38 PM

Is it my impression, or has there been a general clamp-down on discussion and analysis of the MtGOX heist and its leaked database?  Tongue

Have we indeed run out of stuff to talk to each other and argue about?  Cheesy

Nobody even wants to discuss beer. Beer is fun. I like beer. I used to just drink it but in the last year or so I've started going to beer tastings. Now I know how little I know about beer  Cheesy Last time I discovered a type of beer called barley wine. It has 12% of alcohol but doesn't taste like it at all. I bought a bottle of it and if something doesn't happen soon I'm going to open it and drink it.

I love beer, its the last day of spring break, and i'm already 10 deep into killing 48 bud lights today.
JorgeStolfi
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March 16, 2014, 04:57:02 PM

Is it my impression, or has there been a general clamp-down on discussion and analysis of the MtGOX heist and its leaked database?  Tongue

It's just your impression and, more generally, the impression of Bitcoin bears.

People who have a predisposed opinion that Bitcoin is a bound-to-fail concept thought that the failure of Mt.Gox was proof that they were right. They assumed that Bitcoin would have gone to zero by now and that we would all be constantly talking about it.

People who are optimistic about Bitcoin's future don't find the Mt.Gox drama that interesting.

As the bitcoin bulls say, MtGOX is MtGOX, and bitcoin is bitcoin.  The coin will succeed or fail no matter what the bears think.

But the fact that the "bitcoin community" does not want to know what happened inside MtGOX, to me, means that the MtGOX scam was not confined to Karpeles and the hypothetical hacker.  Shouldn't investors be interested to know whether other prominent bitcoin businessmen are involved?
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