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

[chessnut]

This is the most charitable interpretation (to the bears) of a bullish break out. meaning the line is shallow as significant points will. It is broken!

[dreamspark]

The first double green candle we have had on the daily chart for about three weeks.

[JayJuanGee]

O.K.  Maybe I overstated the case, but why do you need to resort to name calling?  I'm just making an observation, and surely I could be wrong in my observation and noticing your seemingly extreme statements to push one way and then to push another way...... .. I am NOT engaging in such observation about your seeming to switch your position to undermine you or to bad mouth you... it just seems to be lacking some objective analysis... especially when you are saying let's all do this in order to save BTC from a downward spiral.. it just seems to be much too much to be trying to persuade people to act in concert, when it may NOT be a good idea for them... .. and it may NOT even seem to be a convincing logical choice to "save" bitcoin...  

Bitcoin doesn't need saving and it would be incredible hubris for to think I was even capable of doing so anyway. I was trying to only save the people reading this thread some money, and I resent you questioning my motives. You should know me better by now. I'm not some noob troll.

Doesn't mean I'm not wrong. All that people were saying about relative market caps is true. I just want people to understand the risks involved.

I could just be the case that I am a little bit irritable, especially when I felt that I was getting chastised yesterday (and I think that you were part of that) and some pressure being made to sell at $418 or whatever the price was at that time... It is irritating communicating about those kinds of things, sometimes... when I have already decided that I was NOT going to sell at that point.

[podyx]

Could this be the reversal??

[JayJuanGee]

If I had to guess, then I would guess that you bought from the top and that is the reason why you are so nervous at the moment..

Im holding from $100 average. never bought above 600. Im really not nervous at all. but perhaps a little irritable.....

tell us more.


Name:   chessnut
Posts:   1113
Activity:   98
Position:   Member
Date Registered:   January 14, 2014, 05:28:31 AM

Whoa..that's more than 14 posts a day....that explains why a lot of pages are just him and @JJG swapping predictions that don't happen.  Shroomskit used to keep these types in order but he seems quite sad from what I can tell...his obsession with sheep seems to have become quite an issue.

@Aminorex - so the casual sexism still prevails - I don't think BobbySue could handle a period really, he seems to squeal pretty easy.

We have already figured out that largely Shroomskit does NOT know what the fuck he is talking about, half the time, so probably, it would NOT be good to getting counsel from him...   

But to each his own.. and some guys may appreciate his style... if that's what it is called?

[jonoiv]

1000 BTC buy on huobi

[jonoiv]

oh my god

jonoiv, do u think this is the reversal??

I'm a permabear, but just spent my last $$.

I hope so, after weeks of negative press, this is what BTC needs, regardless of what camp you're in.

Even fonzie deep down wants the price to go up.  just he wants it to happen when he's hodling

At least I was pretty close with the time 3:30 (3:19 actual time)

[mooncake]

1000 BTC buy on huobi

When price at Huobi is > Bitstamp and BTC-e, it is time to buy.

[shmadz]

<rant>

We are witnessing the beginning stages of a full-scale world-wide currency war, and bitcoin is on the front lines.

Interesting times ahead.

</rant>

[dreamspark]

Huobi overtaking stamp

[JayJuanGee]

Dudes, no offence and all.. but...
could you just for one day.. maybe confess just to yourself.. that drawing these little lines on these littles graphs is just a method to justify your gambling problems?

I dont think you understand our objectives.

any old pumpkin head can see bitcoin is a good risk investment. but if you want to pay double the fair price...... go ahead! TA is risk management no more.
 
DONT come to a speculation forum and make fun of the TA.

nah, dude, bitcoin is currently an high rish, low reward investment
alts are interesting though

I'm not making fun of you guys.. just try to relax.. you are so serious about subjects that shouldn't be taken serious at all

Yes, pumpkin... some of us have already figured out NOT to take you seriously.. b/c you are posting mostly crap.. so far.. whether that makes us want to join in on your making fun of us, I doubt it. 

Few people like to laugh when they are being poked at.

Dude, if you get this emotional about money, then you really shouldn't be involved with crypto gambling. Just take a deep breath and think on what would MacGyver do.
I've had too much vodka today, so much sleep and plenty of r&r needed for the whole weekend. Take care, and never forget to stop and smell the roses!

Have a good weekend... maybe see you monday or maybe in a few weeks.. good luck with your investigation into alts, also .     

[JorgeStolfi]

Chinese Slumber Method prediction for Saturday April 05

Prediction valid for: Saturday 2014-04-05, 19:00--19:59 UTC (not before, not after)
Huobi's predicted price: 2796 CNY.
Bitstamp's predicted price: 461 USD.


Plot legend

We had two rather bad data points on Apr/01 (S = 0.009, W = 0.19) and Apr/02 (S = 0.0123, W = 0.05), and then two good ones on Apr/03 (S = 0.0025, W = 0.87) and Apr/04 (S = 0.0015, W = 0.96).  I therefore assumed a straight trend line defined by the last two Slumber points: A + B*(d-d0) where d-d0 is the number of days since Apr/03, A = 2670, B = 63.

The Bitstamp prediction, as usual, is the Huobi prediction divided by the currency conversion factor R, which was assumed to be 6.06 CNY/USD (it was 6.13, 5.96, 6.06 at the last three Slumber Times, skipping the bad Apr/01 and Apr/02 points).
 
Checking the previous prediction

Prediction was posted on: Wednesday 2014-04-02, 01:15 UTC
Prediction was valid for: Wednesday 2014-04-02, 19:00--19:59 UTC (~18 hours later)

On that day the price was moving according to the trend, but then there was a steep crash starting at 12:00 UTC, so the prediction was awfully wrong:

Huobi's predicted price: 2963 CNY.
Huobi's actual price (L+H)/2: 2648 CNY
Error: 315 CNY (~52 USD)

Bitstamp's predicted price: 490 USD.
Bitstamp's actual price (L+H)/2: 442 USD
Error: 48 USD
 
NOTE: None.

[mooncake]

Have a good weekend... maybe see you monday or maybe in a few weeks.. good luck with your investigation into alts, also .     

Chill off. You will be just wasting time and energy if you put forth your argument while being emotional. Instead, you should be calm and argue based on logic and intellect. Ignore those who try to provoke you.

[av123]

So bitcoin is not being banned in China? 

[MinermanNC]

If I didn't know better, I'd say the ol' coin is beginning to warm up a touch   can't wait till its hot again

[JayJuanGee]

Have a good weekend... maybe see you monday or maybe in a few weeks.. good luck with your investigation into alts, also .     

Chill off. You will be just wasting time and energy if you put forth your argument while being emotional. Instead, you should be calm and argue based on logic and intellect. Ignore those who try to provoke you.

Emotional?   

[mooncake]

Have a good weekend... maybe see you monday or maybe in a few weeks.. good luck with your investigation into alts, also .     

Chill off. You will be just wasting time and energy if you put forth your argument while being emotional. Instead, you should be calm and argue based on logic and intellect. Ignore those who try to provoke you.

Emotional?   

Wrong word? 

[adamstgBit]

China bans bitcoin

China doesn't give a fuck.


bullish?

[JayJuanGee]

Huobi overtaking stamp

Surely seems like a weird time for either a train or a rocket to be taking off... But I am 98% on board... so only about 2% of me will be left behind... .. that is if we are truly departing?

[chromosoma]

Maybe they (chinese)  are just preparing soil for good exit? Noone wants to  sell everything at low price, so it makes sense to   pump the price a bit, and then  exit;)

If i had 100K of Bitcoins , i would do  it just like that