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Poll
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 26485635 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.)
wachtwoord
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May 27, 2014, 12:41:32 AM

Wow!  22% of people in the poll think that we are going to be at $800 by June 1st?   There is some serious optimism going around... I like it Smiley
That poll was opened long ago (a week? two weeks? polls should be dated too...)

Whats your prediction prof "DOOM" ??

"With respect"  Or are you like most academics who just like to get tenure and then do nothing in life and just waffle on about a lot of crap that can never be pinned down

i.e Whats your trading advice for the next 2 weeks ?
Two men go sailing on a balloon, get caught in a dense fog and realize they had no GPS or instruments. After drifing for hours they dare to lower the balloon enough to see the ground, and spot someone down there.  They shout, "Hey you, please, we are lost, could you tell us where we are?"  Several minutes later comes the answer "You are on a balloon!".  One of the men says to the other, "The guy took a long time to answer, his answer was totally accurate, but also totally useless.  Darn, with so many people in the world, we had to run into a mathematician!"

Back to your question, in three weeks I will have an accurate answer.  Wink

I appreciate the story/joke Smiley
roslinpl
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May 27, 2014, 12:44:38 AM

I think its gonna get ugly this week Undecided

Why you think so negative indeed?

There is nothing be afraid of Smiley I am sure there is a lot to be proud of instead of looking at ugly things to happen.

YipYip
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May 27, 2014, 12:45:36 AM

Wow!  22% of people in the poll think that we are going to be at $800 by June 1st?   There is some serious optimism going around... I like it Smiley
That poll was opened long ago (a week? two weeks? polls should be dated too...)

Whats your prediction prof "DOOM" ??

"With respect"  Or are you like most academics who just like to get tenure and then do nothing in life and just waffle on about a lot of crap that can never be pinned down

i.e Whats your trading advice for the next 2 weeks ?
Two men go sailing on a balloon, get caught in a dense fog and realize they had no GPS or instruments. After drifing for hours they dare to lower the balloon enough to see the ground, and spot someone down there.  They shout, "Hey you, please, we are lost, could you tell us where we are?"  Several minutes later comes the answer "You are on a balloon!".  One of the men says to the other, "The guy took a long time to answer, his answer was totally accurate, but also totally useless.  Darn, with so many people in the world, we had to run into a mathematician!"

Back to your question, in three weeks I will have an accurate answer.  Wink

i am no spring chicken but that is what i expected someone of your esteemed calibre & pedigree to answer my question with

a load of balony

You sir are as useful as tits on a bull (...not very useful)

Or should I say congratulations on your tenure...I know I may be very late as it seems your are a masterclass in talking without any real meaning or purpose Wink

keithers
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May 27, 2014, 12:49:32 AM

I think its gonna get ugly this week Undecided

Why you think so negative indeed?

There is nothing be afraid of Smiley I am sure there is a lot to be proud of instead of looking at ugly things to happen.



Yeah, I hope it doesn't get ugly this week.   A small sell off of people trying to take some profits off the table is pretty standard.   Some others may be selling who have finally gotten back to even after this latest rally as well.  Neither of those scenarios involve panic, which is a good thing...
Walsoraj
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May 27, 2014, 12:56:43 AM

http://www.zerohedge.com/node/488930

Willy on zerohedge. How long before mainstream news reports the story?
silverfuture
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May 27, 2014, 01:00:11 AM

http://www.zerohedge.com/node/488930

Willy on zerohedge. How long before mainstream news reports the story?

Already happened.  http://finance.yahoo.com/news/bots-were-responsible-bitcoin-stratospheric-142709543.html

It isn't going to have the effect you were hoping for though...
ChartBuddy
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May 27, 2014, 01:00:43 AM


Explanation
adamstgBit
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Trusted Bitcoiner


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May 27, 2014, 01:01:32 AM

help us free willy!

buy Buy BUY!!!
JorgeStolfi
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May 27, 2014, 01:02:57 AM

A Chinese article on the situation of bitcoin in China:
比特币被禁用银行账户 交易平台或现倒闭潮
[GT] Bitcoin is disabled or is currently trading platforms bank account closures
Source: NetEase 2014-05-26 Author : Hu Wen
http://money.nmgcb.com.cn/news/140526/2/story_254620.html

Although the date is recent, the article may be a bit outdated, it does not seem to mention the current rally.  The last date menioned in the body is May/21. I can't tell whether it has new information really, except
* There was another exchange that closed ("called Bitcoin Exchange"?), besides FXBTC.
* Some exchanges have enough venture capital to survive for a couple of years.
* In a Financial Stability Report dated Apr/29, the PBoC expressed concern about "price manipulation and false trading and other acts" at the exchanges.
There may be other relevant hints that Google couldn't meaningfully translate.
 
keithers
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May 27, 2014, 01:04:35 AM

I really want to see $600, but will be more than satisfied if we can reach and stay above $590 today.
wachtwoord
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May 27, 2014, 01:06:33 AM

I really want to see $600, but will be more than satisfied if we can reach and stay above $590 today.

Pretty high walls.
CoinRocka
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May 27, 2014, 01:16:03 AM

We can do this!...what if we can't do this?
Bitcopia
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May 27, 2014, 01:19:16 AM

We can do this!...what if we can't do this?

Then we'll have a healthy correction down to $550 or so and take a little breather before continuing a more steady and reasonable pace.

In the past, bitcoin has never broken from a down trend and immediately gone straight into mega- rally mode. There is still too much uncertainty. Just be patient. We're still going up, but it's actually good for us to slow down a bit for the moment.
derpinheimer
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May 27, 2014, 01:20:42 AM

We can do this!...what if we can't do this?

Come on China, "The whole world is watching!"


The Chinese have it so easy, if they go up everyone follows... if US markets go up, China likes to twirl its hair for awhile and confuse people lol.
YipYip
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May 27, 2014, 01:27:41 AM

help us free willy!

buy Buy BUY!!!

Quick Turn that fucking bot back ON ..lolz
YipYip
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May 27, 2014, 01:30:03 AM

A Chinese article on the situation of bitcoin in China:
比特币被禁用银行账户 交易平台或现倒闭潮
[GT] Bitcoin is disabled or is currently trading platforms bank account closures
Source: NetEase 2014-05-26 Author : Hu Wen
http://money.nmgcb.com.cn/news/140526/2/story_254620.html

Although the date is recent, the article may be a bit outdated, it does not seem to mention the current rally.  The last date menioned in the body is May/21. I can't tell whether it has new information really, except
* There was another exchange that closed ("called Bitcoin Exchange"?), besides FXBTC.
* Some exchanges have enough venture capital to survive for a couple of years.
* In a Financial Stability Report dated Apr/29, the PBoC expressed concern about "price manipulation and false trading and other acts" at the exchanges.
There may be other relevant hints that Google couldn't meaningfully translate.
 


Ahhh... a fresh serve of FUD all hot and steaming... all covered with lots of bullshit sauce

Just how I like it Cheesy
wachtwoord
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May 27, 2014, 01:30:49 AM

help us free willy!

buy Buy BUY!!!

Quick Turn that fucking bot back ON ..lolz

The should named him Ralph: the wall crusher!

akujin
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May 27, 2014, 01:33:35 AM

help us free willy!

buy Buy BUY!!!
willy bot needs viagra to have another erection  Grin
YipYip
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May 27, 2014, 01:33:38 AM

help us free willy!

buy Buy BUY!!!

Quick Turn that fucking bot back ON ..lolz

The should named him Ralph: the wall crusher!



AGreed ..also somebody neck the cxxx with the golden hammer ...lolz
shmadz
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May 27, 2014, 01:35:53 AM



Look at the 1-day RSI chart. The pattern is repeating. If that's true, we should keep raising to 700-ish, stabilize at 600-ish for a month, and the real bubble begins at July.

everybody goes history does not repeat blah blah blah

But i agree this biatch certainly is doing a very good impression of the same thing ...

Maybe we should say humans repeating their same mistakes or humans not changing their behaviour in the context of (GREED/FEAR)

Further zooming out you will see this pattern has happened 3 times in a row



Nice Chart and very telling. Hope it plays out the same way...

I love this chart, it gives me hope that we still have some time before the fireworks/
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