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

[windjc]

I'm trying to remember more than three members, who post here regularly, who aren't talking their book.

If you express a view inconsistent with your extant book, either you are not speaking with naive honest clarity, or you are self-destructive.  Thus, any one with a position in the market who is not "talking their book" is a treacherous person to listen to.  If they are not lying to manipulate you, they are at least too complex to model.

In general, I agree with you.  I've noticed (I think) some who have long holdings but don't try to influence the mood of this thread.

The complex personalities here are the most interesting to me.  I believe that there are several who practice second level thinking when it comes to making a post here.  I also think that there are some who are capable of third level thinking.

I think you are a complex person.

Well if "talking my book" means trying to influence the market, I do not do it for that reason at all. I could just spend my time putting up walls and playing that stupid game.

However, I often do trade the position I talk - mainly because I believe it. I also talk in hopes of being challenged. I like to look at every angle and from time to time I gain perspective from others that gives me pause or changes my outlook to a degree. Sometimes I have already made the trade and sometimes I have not.

[windjc]

We are either going to go up and test 2830 on Houbi or this extended correction from last night's low is going to be retested. We are just kinda floating in space here.

So, the question is, who is optimistic on Houbi? Because otherwise it can only be down at some point.

[prophetx]

We are either going to go up and test 2830 on Houbi or this extended correction from last night's low is going to be retested. We are just kinda floating in space here.

So, the question is, who is optimistic on Houbi? Because otherwise it can only be down at some point.

sentiment appears down, the btc atm's were supposed to be flooding the markets now come summer, but it's very quiet.

almost eerily quiet.  i guess we will see soon enough.

[Davyd05]

We are either going to go up and test 2830 on Houbi or this extended correction from last night's low is going to be retested. We are just kinda floating in space here.

So, the question is, who is optimistic on Houbi? Because otherwise it can only be down at some point.

sentiment appears down, the btc atm's were supposed to be flooding the markets now come summer, but it's very quiet.

almost eerily quiet.  i guess we will see soon enough.

these fluctuations are tapering out..... generally a downward trend, but as repeated alot of people who are weak handed are just quitting bitcoin as China just creates a cloud of uncertainty they prefer to not deal with, and day traders have to play these swings, possibly increasing the effects of the wild swings. Give it a couple months and China's game will seem petty and shameful to have been so sheepish to fall for.

[ChartBuddy]

Explanation

[windjc]

We are either going to go up and test 2830 on Houbi or this extended correction from last night's low is going to be retested. We are just kinda floating in space here.

So, the question is, who is optimistic on Houbi? Because otherwise it can only be down at some point.

sentiment appears down, the btc atm's were supposed to be flooding the markets now come summer, but it's very quiet.

almost eerily quiet.  i guess we will see soon enough.

these fluctuations are tapering out..... generally a downward trend, but as repeated alot of people who are weak handed are just quitting bitcoin as China just creates a cloud of uncertainty they prefer to not deal with, and day traders have to play these swings, possibly increasing the effects of the wild swings. Give it a couple months and China's game will seem petty and shameful to have been so sheepish to fall for.

Having watched these markets closely long enough, its pretty obvious to me why there are fractals. The bots are basically outlining the movement for us between drops. Fiat is leaving the market, China is dying and along the way there is a pretty obvious pattern now. The ones that realize that have created bots to squeeze as much out of the fractal movement as possible.

Its a highly predictable market at this point, despite what everyone believes.

[Davyd05]

We are either going to go up and test 2830 on Houbi or this extended correction from last night's low is going to be retested. We are just kinda floating in space here.

So, the question is, who is optimistic on Houbi? Because otherwise it can only be down at some point.

sentiment appears down, the btc atm's were supposed to be flooding the markets now come summer, but it's very quiet.

almost eerily quiet.  i guess we will see soon enough.

these fluctuations are tapering out..... generally a downward trend, but as repeated alot of people who are weak handed are just quitting bitcoin as China just creates a cloud of uncertainty they prefer to not deal with, and day traders have to play these swings, possibly increasing the effects of the wild swings. Give it a couple months and China's game will seem petty and shameful to have been so sheepish to fall for.

Having watched these markets closely long enough, its pretty obvious to me why there are fractals. The bots are basically outlining the movement for us between drops. Fiat is leaving the market, China is dying and along the way there is a pretty obvious pattern now. The ones that realize that have created bots to squeeze as much out of the fractal movement as possible.

Its a highly predictable market at this point, despite what everyone believes.

enjoy making all that money then.

[windjc]

We are either going to go up and test 2830 on Houbi or this extended correction from last night's low is going to be retested. We are just kinda floating in space here.

So, the question is, who is optimistic on Houbi? Because otherwise it can only be down at some point.

sentiment appears down, the btc atm's were supposed to be flooding the markets now come summer, but it's very quiet.

almost eerily quiet.  i guess we will see soon enough.

these fluctuations are tapering out..... generally a downward trend, but as repeated alot of people who are weak handed are just quitting bitcoin as China just creates a cloud of uncertainty they prefer to not deal with, and day traders have to play these swings, possibly increasing the effects of the wild swings. Give it a couple months and China's game will seem petty and shameful to have been so sheepish to fall for.

Having watched these markets closely long enough, its pretty obvious to me why there are fractals. The bots are basically outlining the movement for us between drops. Fiat is leaving the market, China is dying and along the way there is a pretty obvious pattern now. The ones that realize that have created bots to squeeze as much out of the fractal movement as possible.

Its a highly predictable market at this point, despite what everyone believes.

enjoy making all that money then.

I know you think I'm crazy for saying it. However, I am almost certain that Houbi is going to break down again somewhere between here (2775) and 2830.  However, if it breaks out higher than 2830, it will break down somewhere before (probably right below) 2885.

If this does not happen, then I will kindly shut up about the market being predictable.

[Broseph Stalin]

Just combined two charts and drew some lines... the bitstamp one from October-now and a long term price trendline chart 2011-2015.

https://i.imgur.com/U0LemeR.png

[CoolStoryBro]

Just combined two charts and drew some lines... the bitstamp one from October-now and a long term price trendline chart 2011-2015.

https://i.imgur.com/U0LemeR.png

So we need to wait how global trend will resolve to udnerstand how the current setup  will resolve?

good, good..

[Davyd05]

@windjc .. no I am just saying if its predictable go ahead and make the money.. that's all on you I am to pansy for that atm

[ChartBuddy]

Explanation

[podyx]

good opportunity to sell right here and rebuy at 450

Good to enter here
Might flash 420, might not

[boumalo]

good opportunity to sell right here and rebuy at 450

Good to enter here
Might flash 420, might not

If you are not a day trader don't day trade; if you want to become a day trader, try but you better be dedicated to it

If you think the price is going to go up in a few months, buy now!

[thedarksun]

Brothers, do you believe NMC will be 8 dollars like it once was?

[ChartBuddy]

Explanation

[rpietila]

Based on my research, I don't believe we will see 435 ever again (Bitstamp). If someone is willing to bet (I naturally expect much better than 1:1 for me), PM please.

Chart1 & Chart2.

This is just the 2013-7-18 again. No looking back (when you least expect it).

[xulescu]

Brothers, do you believe NMC will be 8 dollars like it once was?

I think NMC is not going to cut it and will end up just an alpha test. I think there are details to be fleshed out in how to implement name registration.

[thedarksun]

Brothers, do you believe NMC will be 8 dollars like it once was?

I think NMC is not going to cut it and will end up just an alpha test. I think there are details to be fleshed out in how to implement name registration.

Really? So its done for???

[edwardspitz]

Based on my research, I don't believe we will see 435 ever again (Bitstamp). If someone is willing to bet (I naturally expect much better than 1:1 for me), PM please.

Chart1 & Chart2.

This is just the 2013-7-18 again. No looking back (when you least expect it).

I think this bet need a deadline