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

[Wary]

Two bullish indicators:

1) Level of Doom&gloom. Full absence of train pictures Talks about previous ATH, double digits etc.
2) On weekly chart - red candle, 23% down, without wisk. Found only one similar one, end of June, before the recovery.



 

[Guinpen]

Two bullish indicators:

1) Level of Doom&gloom. Full absence of train pictures Talks about previous ATH, double digits etc.
2) On weekly chart - red candle, 23% down, without wisk. Found only one similar one, end of June, before the recovery.

Please forgive my infinite ignorance, but what does ATH mean?

[adamstgBit]

Two bullish indicators:

1) Level of Doom&gloom. Full absence of train pictures Talks about previous ATH, double digits etc.
2) On weekly chart - red candle, 23% down, without wisk. Found only one similar one, end of June, before the recovery.

Please forgive my infinite ignorance, but what does ATH mean?

All Time High

[thefunkybits]

no bulltrap? Huobi slippin

[Hen0xyd]

Can you guys stop feeling entitled to a rally every 9 months and accept for once that bitcoin is in a downtrend and stop calling everything FUD? It's getting old and doesn't help anything.

such FUD

I am HODLING.

confirmed!

confirmed!
hodler unit unite!, and confirm your willingness to HODL

I'm hodling. Expected a drop today, but not quite so big  

keep hodling!

do we have more hodlers?

 confirm your willingness to HODL!

I'm on the Buy and Hodl train.

Count me in, i'm seating next to cctvtech, same wagon ^^

[roslinpl]

I am thinking of going to sleep.
If I will wake up and price will be <400$ I will suggest everyone on the streets to go home and buy bitcoin!

[shields]

Please forgive my infinite ignorance, but what does ATH mean?

Is this the most beautiful capitulation signal ever?

[OldGeek]

Do items like the following affect the price on the markets?

Item:  http://www.pcworld.com/article/2111520/new-bitcrypt-ransomware-variant-distributed-by-bitcoin-stealing-malware.html
Headline:  Ransomware that demands Bitcoins is distributed by malware that steals bitcoins

Item:  http://www.wired.com/2014/04/threatlevel_0401_silkroad_motion/
Headline: Alleged Silk Road Founder’s Lawyer Moves to Dismiss Charges Against His Client

The first item is curious for me.  I think most of the participants here are either geeks or nerds.  If true, then the potential to get that virus is small.  The, possible, bright side is that a lot (I've seen the number 250,000 thrown around) of non geek/nerds now know how seamless BTC payment is.

The second item is more straight-forward.  The US Feds say bitcoin is not currency.

Interesting times...the markets falling for no good reason and some of the bulls are getting nervous.

[jonoiv]

no bulltrap? Huobi slippin

yet there's a lot less ask's then there are bids, but they keep dumping.  strange.

[Guinpen]

Please forgive my infinite ignorance, but what does ATH mean?

Is this the most beautiful capitulation signal ever?

No, that's just me being new.

[thefunkybits]

Huobi breakdown...glad I woke up and caught that!

To put in buy orders or wait for this to bottom out? hmmmm

[PoolMinor]

Two bullish indicators:

1) Level of Doom&gloom. Full absence of train pictures Talks about previous ATH, double digits etc.
2) On weekly chart - red candle, 23% down, without wisk. Found only one similar one, end of June, before the recovery.



 

Challenge accepted.

[aminorex]

Can you guys stop feeling entitled to a rally every 9 months and accept for once that bitcoin is in a downtrend and stop calling everything FUD? It's getting old and doesn't help anything.

Who does not accept that BTC is in a downtrend?

[podyx]

sub $400 soon

[adamstgBit]

no bulltrap? Huobi slippin

yet there's a lot less ask's then there are bids, but they keep dumping.  strange.

chinese exchanges might dip pretty low, for a moment, but stamps will not follow, then all chinese exchanges should start to see demarictly less volume, and have price stabilize near stamps price.

thats my best guess

[jonoiv]

Chinese forum post "why banks should ban bitcoin"

http://translate.googleusercontent.com/translate_c?depth=1&hl=en&prev=/search%3Fq%3D%25E6%25AF%2594%25E7%2589%25B9%25E5%25B8%2581%25E8%25AE%25BA%25E5%259D%259B%26client%3Dfirefox-a%26hs%3DTzr%26rls%3Dorg.mozilla:en-US:official%26channel%3Drcs&rurl=translate.google.co.uk&sl=zh-CN&u=http://www.btcbbs.com/forum.php%3Fmod%3Dviewthread%26tid%3D12609&usg=ALkJrhjgBdSejyW2c567efuI_WXtna3ubw

[mmitech]

no bulltrap? Huobi slippin

yet there's a lot less ask's then there are bids, but they keep dumping.  strange.

chinese exchanges might dip pretty low, for a moment, but stamps will not follow, then all chinese exchanges should start to see demarictly less volume, and have price stabilize near stamps price.

thats my best guess

I don't agree with you, the price will crash and I am afraid to confess that I wish if it does ASAP, the soonest it does the soonest we can clear things out and go forward, until then we are just playing a painful game.

[andyatcrux]

Please forgive my infinite ignorance, but what does ATH mean?

Is this the most beautiful capitulation signal ever?

No, that's just me being new.

I believe ATH is being used as an acronym for All Time High.

[seleme]

are we ready? 

[deadfi$h]

chinese exchanges might dip pretty low, for a moment, but stamps will not follow, then all chinese exchanges should start to see demarictly less volume, and have price stabilize near stamps price.

thats my best guess

As long as arbitrage is still a possibility, Stamp will follow.