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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.8%)
7/28 - 11 (9.1%)
8/4 - 16 (13.2%)
8/11 - 7 (5.8%)
8/18 - 6 (5%)
8/25 - 8 (6.6%)
After August - 72 (59.5%)
Total Voters: 121

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26484004 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
uhoh
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May 04, 2014, 04:39:05 PM

What about Btc-e?

They can sell them for CNH. Of course is not the same than CNY, but they can keep trading with their currency.
But can they withdraw the CNH from BTC-e to their mainland bank account?

The secondary problem is,
form China will comes a lot new bitcoins to Bitstamp and BTC-e and it will crash the price.
Just check fake Huobi volumes !

FTFY



Would tend to agree with your change there. Even if the trade volumes are not fake, they're not representative: there are no trading fees. The same coins can be flipped back and forth.
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May 04, 2014, 04:41:57 PM

Guys, we look prime for a big dump on Houbi. The buy pressure keeps dwindling and the down trend has been re established for over a week now.  His market will most likely drift until news comes out this week. But I think we test 2555 and lower VERY soon.
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May 04, 2014, 04:57:32 PM

Guys, we look prime for a big dump on Houbi. The buy pressure keeps dwindling and the down trend has been re established for over a week now.  His market will most likely drift until news comes out this week. But I think we test 2555 and lower VERY soon.

Odd time for a dump, slap-bang in the middle of a 3-5 day holiday. Do you think they'll hold off dumping until Tuesday, or are you thinking it's more imminent than that?
kodtycoon
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May 04, 2014, 05:00:39 PM

just saw a guy speaking on an "add" sort of thing on RT about bitcoin! Cheesy
ChartBuddy
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May 04, 2014, 05:00:44 PM


Explanation
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May 04, 2014, 05:20:49 PM

Guys, we look prime for a big dump on Houbi. The buy pressure keeps dwindling and the down trend has been re established for over a week now.  His market will most likely drift until news comes out this week. But I think we test 2555 and lower VERY soon.

Odd time for a dump, slap-bang in the middle of a 3-5 day holiday. Do you think they'll hold off dumping until Tuesday, or are you thinking it's more imminent than that?

No, I am just saying the chart is pretty much screaming that it is coming. We could even get a slight (2730-2780) bounce before it comes, imo.  Its soon Monday in China already.  I think in the next 72 hours there is going to be a big one.
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May 04, 2014, 05:26:07 PM

Guys, we look prime for a big dump on Houbi. The buy pressure keeps dwindling and the down trend has been re established for over a week now.  His market will most likely drift until news comes out this week. But I think we test 2555 and lower VERY soon.

Odd time for a dump, slap-bang in the middle of a 3-5 day holiday. Do you think they'll hold off dumping until Tuesday, or are you thinking it's more imminent than that?

No, I am just saying the chart is pretty much screaming that it is coming. We could even get a slight (2730-2780) bounce before it comes, imo.  Its soon Monday in China already.  I think in the next 72 hours there is going to be a big one.

The Big One? Final Dump and move on. Or is that too much to hope for? I just can't see this going on indefinitely.
ChartBuddy
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May 04, 2014, 06:00:43 PM


Explanation
ChartBuddy
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May 04, 2014, 07:00:46 PM


Explanation
QuestionAuthority
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May 04, 2014, 07:05:34 PM

ChartBuddy you just keep cummin.
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May 04, 2014, 07:46:14 PM

Bzzzzt!
JayJuanGee
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May 04, 2014, 07:47:07 PM

I don't understand why people do this. They want to buy a few coins but only if it reaches 420. So they're gonna watch the price hoover around 430 for a day knowing it might very well go up again from there. So when the price does go up they either have no coins or panic buy at 440.
Is saving 10 dollars per coin really that important? Assuming the price goes up from that point you have profit either way. And if it doesn't reach 420 you messed up.

I do NOT understand why you seem to get so much pleasure out of second guessing the intelligence (or lack thereof) of other people.

NOT everyone is in the same position regarding their potential wait to buy coins at $420. 

In my case, I do NOT feel any additional utility buying more coins at $430 or $440 - unless I am certain that the price is going to go up.  In other words, I have already bought a bunch of coins at the $440-ish price point.   Accordingly, my next buy price point will be around $420-ish... I may buy at $425, and then wait to see if we see $410 or NOT to buy again. 

If I am certain that we are going down to $410, then I am NOT going to buy at $425... but who the fuck really knows?  YOU, Shroomskit do NOT know anymore than the rest of us..... though it is does NOT seem to be in your dogbird personality to accept that investors can still be intelligent when they are considering their BTC investment or trading strategy differently from you.   NONE of us really knows the BTC price direction, except maybe some whales may be anticipating some tactic that they are going to employ to attempt to manipulate the BTC price in one direction or another.
JayJuanGee
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May 04, 2014, 07:53:34 PM

this is the first time ever I see a 1,5k Wall on Huobi.

beginning to scare me.  Sad

there, I took my walls down just for you  Wink

thank you, what a relief.  Cheesy

*buy buy buy


YES!!!!    I have been wondering how low this bear trap is going to go b/c I would prefer to buy a lil MOAR at the lowest point in this series. I was thinking that if it gets down to $420-ish in the next 24 hours... that is about as low as we can expect... absent some kind of negative news.... which negative news (or FUD) is always possible to help to drive some additional downward price pressure(s). 

In sum, I am thinking maybe to buy a little bit at $420-ish... if we get there.  I welcome to hear any other theories about the extent of downard price movement, here.





If you think it is a bear trap and we will go up a lot soon you should buy now!

We have been in a downtrend for a while with a few bull traps

Yes, ultimately I believe the price is going to go up.. but I am NOT certain about any of the price direction.  If the price goes down, I would rather buy more at a lower price.... I am also o.k. with my current BTC holdings, in the event that the price does NOT go down further, then I will be stuck with my current holdings..    Who knows, but if the price lingers here for a few more weeks, I may buy more at the current price point.
JayJuanGee
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May 04, 2014, 07:59:06 PM

Until everyone cries gloom and doom, then this bearish market is over.

That already happened a couple of time as well though. But people always want cheaper coins.

It will not change just by the current people passing the bag on. The new cohort of 3.2x more people is what will take it higher.

The current players' desire to have cheaper coins is no more significant then.
[/quote

From where are you getting this 3.2x more people measurement (since when? since the last bubble?)
ChartBuddy
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May 04, 2014, 08:00:44 PM


Explanation
hdbuck
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May 04, 2014, 08:09:26 PM

Guys, we look prime for a big dump on Houbi. The buy pressure keeps dwindling and the down trend has been re established for over a week now.  His market will most likely drift until news comes out this week. But I think we test 2555 and lower VERY soon.

Odd time for a dump, slap-bang in the middle of a 3-5 day holiday. Do you think they'll hold off dumping until Tuesday, or are you thinking it's more imminent than that?

No, I am just saying the chart is pretty much screaming that it is coming. We could even get a slight (2730-2780) bounce before it comes, imo.  Its soon Monday in China already.  I think in the next 72 hours there is going to be a big one.

The Big One? Final Dump and move on. Or is that too much to hope for? I just can't see this going on indefinitely.

6 months isnt indefinitely.. Grin
pjviitas
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May 04, 2014, 08:32:38 PM

Guys, we look prime for a big dump on Houbi. The buy pressure keeps dwindling and the down trend has been re established for over a week now.  His market will most likely drift until news comes out this week. But I think we test 2555 and lower VERY soon.

Odd time for a dump, slap-bang in the middle of a 3-5 day holiday. Do you think they'll hold off dumping until Tuesday, or are you thinking it's more imminent than that?

No, I am just saying the chart is pretty much screaming that it is coming. We could even get a slight (2730-2780) bounce before it comes, imo.  Its soon Monday in China already.  I think in the next 72 hours there is going to be a big one.

The Big One? Final Dump and move on. Or is that too much to hope for? I just can't see this going on indefinitely.

6 months isnt indefinitely.. Grin

The six month chart looks to be leveling out...I think we are at bottom.

I would say now is the time to buy.
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May 04, 2014, 08:34:18 PM

Guys, we look prime for a big dump on Houbi. The buy pressure keeps dwindling and the down trend has been re established for over a week now.  His market will most likely drift until news comes out this week. But I think we test 2555 and lower VERY soon.

Odd time for a dump, slap-bang in the middle of a 3-5 day holiday. Do you think they'll hold off dumping until Tuesday, or are you thinking it's more imminent than that?

No, I am just saying the chart is pretty much screaming that it is coming. We could even get a slight (2730-2780) bounce before it comes, imo.  Its soon Monday in China already.  I think in the next 72 hours there is going to be a big one.

The Big One? Final Dump and move on. Or is that too much to hope for? I just can't see this going on indefinitely.

6 months isnt indefinitely.. Grin

The six month chart looks to be leveling out...I think we are at bottom.

I would say now is the time to buy.

I just bought in...all in Bitcoin now.
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May 04, 2014, 08:38:16 PM

wow that was a dramatic jump in the price today , very nice bitcoin ...uuu shit it was just a dream
windjc
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May 04, 2014, 08:40:08 PM

Guys, we look prime for a big dump on Houbi. The buy pressure keeps dwindling and the down trend has been re established for over a week now.  His market will most likely drift until news comes out this week. But I think we test 2555 and lower VERY soon.

Odd time for a dump, slap-bang in the middle of a 3-5 day holiday. Do you think they'll hold off dumping until Tuesday, or are you thinking it's more imminent than that?

No, I am just saying the chart is pretty much screaming that it is coming. We could even get a slight (2730-2780) bounce before it comes, imo.  Its soon Monday in China already.  I think in the next 72 hours there is going to be a big one.

The Big One? Final Dump and move on. Or is that too much to hope for? I just can't see this going on indefinitely.

6 months isnt indefinitely.. Grin

The six month chart looks to be leveling out...I think we are at bottom.

I would say now is the time to buy.

I just bought in...all in Bitcoin now.

Long term you should be ok.

Coins will be A LOT cheaper at some point in next 30-45 days.
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