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Question: How far will this leg take us?
$110K - 9 (8.3%)
$120K - 19 (17.6%)
$130K - 17 (15.7%)
$140K - 9 (8.3%)
$150K - 19 (17.6%)
$160K - 2 (1.9%)
$170K+ - 33 (30.6%)
Total Voters: 108

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26816898 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 1 users with 9 merit deleted.)
ChrisML
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June 04, 2014, 02:18:38 AM

Panic buys instead of panic sells.

Get em while cheap.
derpinheimer
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June 04, 2014, 02:18:55 AM

reversing

Bouncing*

Dont say it reversed unless you see some huge ass bidwalls, or its been a sufficient duration of time. China always bounces.
Jesus Christ
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June 04, 2014, 02:19:20 AM

Where is your God now, margin traders!?

I have not forsaken them.
TheJuice
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June 04, 2014, 02:20:54 AM

Hungry for some coins! I'm glad were back in a volitile pattern! I'm only concerned about my btc networth
rjp55
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June 04, 2014, 02:21:33 AM

LOL pretty good bear trap I must say. Good things I'm always HODLING.
chromosoma
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June 04, 2014, 02:21:46 AM

.aaaaaand down!:)
adamstgBit
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June 04, 2014, 02:24:33 AM

big red hourly candle = bullish as FUCK!
Jesus Christ
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June 04, 2014, 02:25:41 AM

.aaaaaand down!:)

This is how we remove the unbelievers!
beetcoin
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June 04, 2014, 02:25:48 AM

they wouldn't call it a roller coaster ride if you didn't have downswings in addition to upswings.
BBmodBB
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June 04, 2014, 02:26:12 AM

typical MARKET TACTIC: out of time orders hitting the books, DON'T TRIP we saw lots of this last time up!!!  Wink
aminorex
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June 04, 2014, 02:26:45 AM

oh its going up pretty fast for a while yet
JimboToronto
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June 04, 2014, 02:28:09 AM

please go panic dump on virtex?

I noticed that the 160 coin askwall is back on Virtex after being absent since Sunday when it appeared during the flash crash, as if to discourage a recovery, only to be moved up when the price started to rise, and removed when it was clear the flash crash was over and long before it was bought into.

160 coins may not seem like much compared to the international exchanges but it represents  an average day's volume on little Virtex.

Currently it's trading at $681, approximately what it was at this morning,

Yawn.
Post-Cosmic
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June 04, 2014, 02:28:29 AM

 1:2.5-margin-bought @ 642 ;o

 Price has to reach May 24th levels for me to get wiped.

 Will hodl on through this storm like a pirate capt'n.

 On to 682, matees Wink
Richy_T
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June 04, 2014, 02:30:24 AM


Lol. I see. But I fail to understand how do panic sellers panic every time. Isn't there a point when you understand you don't have to?

It's part of the exponential growth thing. There's always newbs.
derpinheimer
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June 04, 2014, 02:31:22 AM

With this dump it is looking more and more like it did right before the massive run-up in November. 

I guess this is a good sign then?  Wink

How exactly is this dump looking similar to pre-November run up?

there was massive bear traps on the way, i know, i fell in every single one.

Sorry to break it to you, but one of these is not alike.



This formation never occurred in April or November. I really doubt this rally will reach new highs.

My personal opinion: Its done.
akujin
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June 04, 2014, 02:31:31 AM

Woohoo! Placed my order before I sleep and BOOM! It's filled when I woke up today...  Grin Grin Grin

MoreFun
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June 04, 2014, 02:31:38 AM


Lol. I see. But I fail to understand how do panic sellers panic every time. Isn't there a point when you understand you don't have to?

It's part of the exponential growth thing. There's always newbs.

Not sure if newbs have so much ammo, probably combination with bots and stops.
derpinheimer
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June 04, 2014, 02:33:42 AM

Dump wave 2 incoming. Sell now.
adamstgBit
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June 04, 2014, 02:34:11 AM

With this dump it is looking more and more like it did right before the massive run-up in November.  

I guess this is a good sign then?  Wink

How exactly is this dump looking similar to pre-November run up?

there was massive bear traps on the way, i know, i fell in every single one.

Sorry to break it to you, but one of these is not alike.



This formation never occurred in April or November. I really doubt this rally will reach new highs.

My personal opinion: Its done.


basic bitchery
vleroybrown
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June 04, 2014, 02:35:01 AM

oh its going up pretty fast for a while yet
Any level of doubt I had at all in Bitcoin was completely demolished in my final economics mba class of the semester.  Subject was macroeconomics, Dr. Funk asks us "what is money?"  Then followed that question up with, " I'm going to use Bitcoin as an example alot tonight, believe it or not in the next 50 years it or something like it will replace the current system you use."  He didn't let me talk the whole class, lol I was just dieing to say stuff and blurted a couple things out anyway!  The student group I'm forming has a 25 year veteran of the Federal Reserve Bank of St Louis as our advisor.  Arkansas is going to be on the map soon in bitcoin yall. Wink  excuse my typos on a mobile
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