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

[jonoiv]

Im not  sure it's following that line anymore, it's following the trend line from December.  

There was just a 560 BTC pump in the last 5 mins.  As soon as it tries to break through new sell walls appear and it fails.  

[ image ]

I can't dispute your analysis... but, would dare to give an explicit prediction --  xxx USD/BYC at time hh:mm?

I really don't know.  At the moment (and since December), this line seems to have a gravitational pull.   It goes over,  It's  pushed back down.   It's goes under It's sucked back into it.

My only predictions are of the conspiratorial variety.  Like there are higher powers with extreme amounts of bitcoins and fiat.  

The line is like a black hole.     It's being pumped again now on BTCE... it's crazy amounts of money with not much movement.  

[fonzie]

I haven´t watched BTC-E orderbook in a while. Since when is Mr. crazy bot active over there. He´s rapidly changing the amount of his 4-8 asks between 20-80BTC all the time.

[MinermanNC]

You´re right, they seem to be a bit uninformed about how bad it really looks I just wrote an e-mail to CNBC to keep them up to date about the upcoming CHINA tragedy that is about to happen. Maybe we will soon see some new updated analysis from them.

 

Edit: Also MtGOX is fact and no FUD. China news right now are a bit FUDdish but will soon proven to be rock solid facts.

FACT: MtGox is FUD, it has not had fundamental weight on the market since withdrawals were halted. you have had all the facts you could hope for from china, and the market is strong. by the 14th, the downtrend will be OVER.

That's right 

[Erdogan]

If you say you think it is going up, that is kind of a nonce if you don't at the same time say your perspective.

I thought it was a sure thing (all the time) that it would always go up in the timespan of 3 months.

Since I was obviously wrong, I take the standard financial advisor response: Extend your timeframe. (At the bottom of the stock market, some advisors said you had to have a timespan of 2 generations for your stock investments).

Now I think that you will always gain on a bitcoin buy in the timespan of 6 months.

 

Edit: ... and I am ready to extend it more, perpetually if necessary!

[chromosoma]

Lol,. what a nice curve=)

[fonzie]

You´re right, they seem to be a bit uninformed about how bad it really looks I just wrote an e-mail to CNBC to keep them up to date about the upcoming CHINA tragedy that is about to happen. Maybe we will soon see some new updated analysis from them.

 

Edit: Also MtGOX is fact and no FUD. China news right now are a bit FUDdish but will soon proven to be rock solid facts.

FACT: MtGox is FUD, it has not had fundamental weight on the market since withdrawals were halted. you have had all the facts you could hope for from china, and the market is strong. by the 14th, the downtrend will be OVER.

That's right 

FACT is that the big crash came quite some time AFTER the withdrawls were halted. We had some nice time with bitcoinbuilder if you can remember, and everyone was sayin "oh gox will be okay". Only after their website went down the price tanked to 400$.

[NewLiberty]

Edit: Also MtGOX is fact and no FUD. China news right now are a bit FUDdish but will soon proven to be rock solid facts.

Is you claim that there are big bitcoin investors that don't yet know about emptygox and china issues, or that the situations are worse than anyone knows?
Otherwise the market has already reacted to these.  Its in the price today.

[solex]

The daily chart on Stamp shows a launch-pad at $460 bigger than any other since the $675 level in December, from where it went up $300.

[chessnut]

.... yeah doing nicely. the market has practically been moving sideways for nine days.

[billyjoeallen]

LOL that video is hilarious. they have no idea at all. If they wanted to say something that was actually negative, they could talk about the third party deposits ban. but that is not the end of bitcoin at all. I love watching shit like that at the bottom.

I´m sorry but these are confirmed LEGIT TA ANALYSTS FROM WALL STREET!

I think somebody here needs to tell that guy that his stupid lines on his chart dont mean shit. he's just drawing them to fit LOL.

but seriously, do you believe this? the fundamental reason they offer for bitcoin crashing is capital gains, when bitcoin will not be used by the crowd, only on behalf of the crowd. they are blaming the crash on mtgox, but mt gox is just FUD! it's happened! over!

It's hilarious! "Bitcoin's going to negative $100!!" That would be awesome. People would pay me money to take bitcoins off their hands. WE gotta save that one so two years from now we can shove it in his face along with professor Bitcorn and the dozens of other idiot pontificators. We get these stories every single correction.

[fotosonics]

The daily chart on Stamp shows a launch-pad at $460 bigger than any other since the $675 level in December, from where it went up $300.

That statement is nearly as awesome as the avatar. Best film ever.

[chromosoma]

someone is playing god and manipulating  bitcoin market right now.=)

[jonoiv]

someone is playing god and manipulating  bitcoin market right now.=)

agreed.   I think they have been playing it for a long time though.

[chromosoma]

someone is playing god and manipulating  bitcoin market right now.=)

agreed.   I think they have been playing it for a long time though.

yeah, but  BTC-e charts i soooo artificial, likely coused  by one or few persons playing in team:)

[ChartBuddy]

Explanation

[jonoiv]

someone is playing god and manipulating  bitcoin market right now.=)

agreed.   I think they have been playing it for a long time though.

yeah, but  BTC-e charts i soooo artificial, likely coused  by one or few persons playing in team:)

100% agree. 

Not even sure it's people.  It feels like it's something bigger like a corporation, hedge fund, or some government with unlimited funds.   

maybe there are more than 13 million BTC out there, and we're all getting scammed to hell. 

3 black crows ! huobi

[chessnut]

Paranoia! why so paranoid? there is a much easier explanation for why the market is not behaving exactly how you might like it to!

[chessnut]

this is interesting. a bit bearish. Id be glad if we could break through.

[chromosoma]

This is more interesting How will it end?=)

[chessnut]

what chart are you using chromosoma?