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

[derpinheimer]

you're all wrong.

CCMF

+1

[hyphymikey]

[ChartBuddy]

Explanation

[spooderman]

this feels just a liiiiittle too fast. We need to sit around at 6/700 for a month before I'm comfortable with any more gainz

[aminorex]

Thus, anyone who does not consider the log trendline indicative of probable future pricing is a fringe extremist.

[spooderman]

Thus, anyone who does not consider the log trendline indicative of probable future pricing is a fringe extremist.

sounds reasonable

[BitChick]

this feels just a liiiiittle too fast. We need to sit around at 6/700 for a month before I'm comfortable with any more gainz

The "honey badger" of money is not concerned about our comfort.

[Wandererfromthenorth]

Quick poll:  Is there anyone here except MatTheCat, Jorge, Igorr who does not consider the log trendline to be indicative of future performance, and the price action of the past month or two to be reversion to the trendline?

i don't get it are you saying we broke the log trend?

[Raystonn]

Look what Google is doing to help Bitcoin reach the masses.
http://www.dailymail.co.uk/sciencetech/article-2646039/Googles-plans-world-domination-Search-giant-launch-180-satellites-bring-internet-access-ENTIRE-planet.html

It's difficult for a government to block access to satellites.

[seleme]

We're building one nice rounded bottom or potential coup and handle here. Just in time for July rally.

[Gingermod]

We're building one nice rounded bottom or potential coup and handle here. Just in time for July rally.

WAT DOES IT MEAN

[greenlion]

WAT DOES IT MEAN

The waves of profit-taking that constituted the bearish trend is over. Sellers willing to sell at prices seen during the rundown are exhausted.

[KFR]

Wow. Risto sure has charisma.

I can't think of any other poster who garners so much gossip and personal attention.

No wonder he's not lacking in self esteem.

 

Jorge, Goat in his day, BJA when active.  It tends to be pettier with Risto, I think.  He's actually pretty inoffensive, and rather clever, generally a helpful man of good-will and a contributor to the community.  Certainly observing his fate has convinced me to maintain pseudonymity while feasible.  For some reason, although I think less flush than Goat, Risto seems to focus all the jelly.  Perhaps because he started another thread to get away from the nastiness on this one, the nasty types think he's putting on airs.  Amusingly, Goat actually started another forum site to get away from this trash.  The signal/noise ratio there is vastly better.  But it's not an external face of bitcoin, so I see value in posting here, where google is likely to take novices.

+1 on all of that.

[Wandererfromthenorth]

We're building one nice rounded bottom or potential coup and handle here. Just in time for July rally.

WAT DOES IT MEAN

no time to explain get in!  it means moon!

[seleme]

Both rounded bottom and coup and handle are very bullish chart patterns. Bigger time frame, then better. If we break 800 there with good volume, either in first attempt or after pullback that would form cup handle, then we might visit a thing called moon 

[uhoh]

stamp down?

[seleme]

It looks like we're building cup and handle on a lower (1h) frame too) right now.

[rafamadeira]

We're building one nice rounded bottom or potential coup and handle here. Just in time for July rally.

WAT DOES IT MEAN

Why so bearish? Just in case...

[ChrisML]

Bitstamp 666. Uhoh

[okthen]

We're building one nice rounded bottom or potential coup and handle here. Just in time for July rally.

WAT DOES IT MEAN

no time to explain get in!  it means moon!

HAHAHAHAH best conversation on this thread since some time