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

[Todorius]

Dude.

That looks more correct. It is an exponential trendline, and the support at 400 is very high, because it's the lower exponential bound.
I just can't see bears breaking that support, they already are running out of ammo, and the support forming is very strong.

I set 400 as the lowest limit, just can't see it drop any further.

[8up]

Dude.

Yeah, that looks more legit than mine. 

[YogoH]

NEW ANNOUNCEMENT ON BTER.COM

Tanslation:

Issues of concern for us to make further explanation: Notice from the central bank, issued to third-party payment agencies, we have just received a notification by a third-party payment agencies to stop third-party prepaid channels. Bit child has not opened directly receiving channels of commercial banks, so we do not know the central bank to commercial banks receiving channel clear policies and management efforts. Once there is news, we will inform through announcements and Sina Weibo.

Even the world's barren, someone your followers,


https://bter.com/article/403


Looks like only 3rd party, not bank transfers are shut down.

[JayJuanGee]

Looking through the last 10 pages and nobody has used the term "cheap coins" even once.
That's quite bearish:)

We should have some pictures of some tired-ass bulls - or bulls getting run over by trains... ... and I am saying this, even though I am BTC bullish.... but the downward stagnation is kind of taking its toll on my world view...

buy buy bye.

[Erdogan]

Thats not how Chinas gov does things. They wouldnt address directly to anyone, let along small pottatos like this. A vague announcement will follow soon.
I expect the banks to make the first move, since they are always sucking up to the gov.

You mean, just like here?

[Erdogan]

In psychology, cognitive dissonance is the excessive mental stress and discomfort experienced by an individual who holds two or more contradictory beliefs, ideas, or values at the same time

And you can stay in that state, or resolve it, or just bury your head in the sand.

[Hypnoise]

Real victims here is the miners, who just in matter to be able survive have to sale mined coins at such low price. I feel for them.

[dreamspark]

Dude.

That looks more correct. It is an exponential trendline, and the support at 400 is very high, because it's the lower exponential bound.
I just can't see bears breaking that support, they already are running out of ammo, and the support forming is very strong.

I set 400 as the lowest limit, just can't see it drop any further.

I would agree with you here, watching the bid sum increasing this morning gives me confidence that $400 really is a place thats well defended. During the down trend of the last few months we watched the bidsum dry up as no one wants to catch the falling knife. Its always the same situation, everyones looking for the bottom and then moans when it flys back up when really they could have been buying all the way down and be in a much better position.

[niothor]

Real victims here is the miners, who just in matter to be able survive have to sale mined coins at such low price. I feel for them.

Miners are people that have payed from 1000 to 10000$ or even more for their asics.
Those people can afford a 50$ electricity bill.

[JayJuanGee]

This is not ment to be technically correct TA. Anyways I wanted to share this point ov view. Exchange is 1day @Huobi.

My apologies, but this chart makes no sense.

I believe that he is saying he wants BTC prices to go up.. by wishing such...


we could just hmm, hmmmm , hmmm, hmmmmm , hmmmm prices go up.... hmmmm , hmmmmm , hmmm prices go up... hmmm prices go up.... hmmmm , hmmmmm , hmmm prices go up... hmmm hmmmm , hmmm, hmmmmm , hmmmm prices go up.... hmmmm , hmmmmm , hmmm prices go up... hmmm prices go up.... hmmmm , hmmmmm , hmmm prices go up... hmmm hmmmm , hmmm, hmmmmm , hmmmm prices go up.... hmmmm , hmmmmm , hmmm prices go up... hmmm prices go up.... hmmmm , hmmmmm , hmmm prices go up... hmmm hmmmm , hmmm, hmmmmm , hmmmm prices go up.... hmmmm , hmmmmm , hmmm prices go up... hmmm prices go up.... hmmmm , hmmmmm , hmmm prices go up... hmmm


Does this make more sense? hmmmmm?

[mmitech]

[segeln]

I'm really looking forward to see how much btc will Second Market buy today or tomorow  

+1
so do I.
It is a good indicator for me

[dreamspark]

I'm really looking forward to see how much btc will Second Market buy today or tomorow  

+1
so do I.
It is a good indicator for me

Do they publish their buys in real time or a few days after ?

[jl2012]

I'm really looking forward to see how much btc will Second Market buy today or tomorow  

+1
so do I.
It is a good indicator for me

Do they publish their buys in real time or a few days after ?

Once a day. See my thread: https://bitcointalk.org/index.php?topic=337486.0

[dreamspark]

I'm really looking forward to see how much btc will Second Market buy today or tomorow  

+1
so do I.
It is a good indicator for me

Do they publish their buys in real time or a few days after ?

Once a day. See my thread: https://bitcointalk.org/index.php?topic=337486.0

Thanks for that. Excellent thread, keep up the good work!

[8up]

This is not ment to be technically correct TA. Anyways I wanted to share this point ov view. Exchange is 1day @Huobi.

My apologies, but this chart makes no sense.

I believe that he is saying he wants BTC prices to go up.. by wishing such...


we could just hmm, hmmmm , hmmm, hmmmmm , hmmmm prices go up.... hmmmm , hmmmmm , hmmm prices go up... hmmm prices go up.... hmmmm , hmmmmm , hmmm prices go up... hmmm hmmmm , hmmm, hmmmmm , hmmmm prices go up.... hmmmm , hmmmmm , hmmm prices go up... hmmm prices go up.... hmmmm , hmmmmm , hmmm prices go up... hmmm hmmmm , hmmm, hmmmmm , hmmmm prices go up.... hmmmm , hmmmmm , hmmm prices go up... hmmm prices go up.... hmmmm , hmmmmm , hmmm prices go up... hmmm hmmmm , hmmm, hmmmmm , hmmmm prices go up.... hmmmm , hmmmmm , hmmm prices go up... hmmm prices go up.... hmmmm , hmmmmm , hmmm prices go up... hmmm


Does this make more sense? hmmmmm?

You got me. The lines looked somehow funny. Methinks: Even if it will go further down. Before that to happen, it will go up from here at least 100-200$.

[ChartBuddy]

Explanation

[JayJuanGee]

This is not ment to be technically correct TA. Anyways I wanted to share this point ov view. Exchange is 1day @Huobi.
 

My apologies, but this chart makes no sense.

I believe that he is saying he wants BTC prices to go up.. by wishing such...


we could just hmm, hmmmm , hmmm, hmmmmm , hmmmm prices go up.... hmmmm , hmmmmm , hmmm prices go up... hmmm prices go up.... hmmmm , hmmmmm , hmmm prices go up... hmmm hmmmm , hmmm, hmmmmm , hmmmm prices go up.... hmmmm , hmmmmm , hmmm prices go up... hmmm prices go up.... hmmmm , hmmmmm , hmmm prices go up... hmmm hmmmm , hmmm, hmmmmm , hmmmm prices go up.... hmmmm , hmmmmm , hmmm prices go up... hmmm prices go up.... hmmmm , hmmmmm , hmmm prices go up... hmmm hmmmm , hmmm, hmmmmm , hmmmm prices go up.... hmmmm , hmmmmm , hmmm prices go up... hmmm prices go up.... hmmmm , hmmmmm , hmmm prices go up... hmmm


Does this make more sense? hmmmmm?

You got me. The lines looked somehow funny. Methinks: Even if it will go further down. Before that to happen, it will go up from here at least 100-200$.

Your lines do seem to be kind of arbitrary.. yet, I have NO IDEAS about how to draw lines or to project based on these kinds of lines.... except maybe if the price is stable for a while then probably it is going to break out in one direction or another...

I though that it would just be fun to translate what you were saying into a wish... hehehe... ... And, I share your wish...


NOW.. are you suggesting that we are going to go into the $550 to $650 range within the next few days?... and it seems very plausible that we need to return BTC prices to these levels in the near future... and then soon thereafter go to $650 to $750 and then $750 to $850.. and maybe linger within that price range until about the end of July-ish.. before we head moonwards, maybe to the $1500 price territory... ?  If NOT $1500 by July, maybe $1500-ish at some point before the end of the calendar year?

[dreamspark]

Has anyones Bitstamp wire been credited yet? Noramlly in by now 

[podyx]

Has anyones Bitstamp wire been credited yet? Noramlly in by now 

when did u send?