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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 26837629 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.)
amit123
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August 07, 2014, 11:28:02 AM

Bulls still have plenty of money.  They are sitting on the sidelines waiting for either: a) the bottom of this slide, or b) significant upward momentum.  It feels pointless to buy now because there is a 90% chance we will slide another $15 and there is zero chance the price will hit even $600 soon.  Everyone is discouraged.


If you you say the chance is zero it will be easy to organize a bet between us. How about my 0.01BTC versus your 10 BTC that the price will be above $600 within 2 weeks?
0.01btc vs 10btc , sounds fair considering the odds of btc going over 600$ is 0% according to Sandia. If I'll bet 0.02btc for 10btc .
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August 07, 2014, 11:50:05 AM

ChartBuddy
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August 07, 2014, 11:59:49 AM


Explanation
johnwest
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August 07, 2014, 12:07:05 PM



Good fonzie, you changed yourself so much from bears to bulls and thinking about stability.
fonzie
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August 07, 2014, 12:09:06 PM

BTC-E almost above Huobi!  Cheesy

Edit: maybe just due to people switching from LTC to BTC

Good night little chicken!
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August 07, 2014, 12:15:43 PM

BTC-E almost above Huobi!  Cheesy

Edit: maybe just due to people switching from LTC to BTC

Good night little chicken!

What's going on with litecoin? HAVE YOU TROLLED THEM?!
fonzie
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August 07, 2014, 12:17:32 PM

BTC-E almost above Huobi!  Cheesy

Edit: maybe just due to people switching from LTC to BTC

Good night little chicken!

What's going on with litecoin? HAVE YOU TROLLED THEM?!

I sadly lost the 2FA for my BTC-e LTC troll account named "LTCvictim"
Therefore i am not guilty.

Oh if LTC should die and all that money goes back into BTC we could probably reach a new ATH, even without the COIN ETF!
Die chicken die!
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August 07, 2014, 12:25:01 PM

I am not touching ltc anymore. last time I bought it was that houbi pump to 20 $.

ltc is so 2013.
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August 07, 2014, 12:35:21 PM

BTC-E almost above Huobi!  Cheesy

Edit: maybe just due to people switching from LTC to BTC

Good night little chicken!

What's going on with litecoin? HAVE YOU TROLLED THEM?!

I sadly lost the 2FA for my BTC-e LTC troll account named "LTCvictim"
Therefore i am not guilty.

Oh if LTC should die and all that money goes back into BTC we could probably reach a new ATH, even without the COIN ETF!
Die chicken die!

Good point. Once people find out en masse that altcoins are all shit and you can't go back to the super early adopter phase of bitcoin there will be a large move back to btc.  The ones who realise it first will profit the most. 
JorgeStolfi
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August 07, 2014, 12:37:01 PM

Its as if the market, on whole, really wants to go down. Right now, there is selling action and almost no buying action outside of this wall.
Throughout the "mini-bubble" that started on May 20, until a week ago, I see the price as having drifted down most of the time.  Until a week ago, the price was pushed up and then sustained by a few sparse events of concentrated buying.  Since last week there seems to be a more calibrated effort to keep the price just above 3600 CNY/580 USD, by continuous buying around that level. That huge wall at 3600 on Huobi may be part of that effort. At least, that is my impression.  Without that stabilization effort, I would expect the price to continue drifting down towards the mid-May level.
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August 07, 2014, 12:59:49 PM


Explanation
Dump3er
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August 07, 2014, 01:07:56 PM

wachtwoord
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August 07, 2014, 01:08:36 PM



Your username seems properly chosen. You are very wrong though Wink
Dump3er
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August 07, 2014, 01:10:14 PM

Your username seems properly chosen. You are very wrong though Wink

I'm never wrong! You'll see...
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August 07, 2014, 01:11:53 PM

Your username seems properly chosen. You are very wrong though Wink

I'm never wrong! You'll see...

Saying that 'because the last 4 small triangles broke to the downside the closing of the next big one will break to the downside too' is wrong. No mater whether it actually breaks up or down Smiley
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August 07, 2014, 01:17:04 PM


If you had described the situation to Orwell, he wouldn't have believed it.

You're right, on the other hand Huxley had foreseen precisely this exact scenario.
Dump3er
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August 07, 2014, 01:20:24 PM

Your username seems properly chosen. You are very wrong though Wink

I'm never wrong! You'll see...

Saying that 'because the last 4 small triangles broke to the downside the closing of the next big one will break to the downside too' is wrong. No mater whether it actually breaks up or down Smiley

My so sophisticated and very accurate TA skills, are going far beyond falling triangles and my prophesys are always true. In few weeks you'll bow down and ask:

Quote from: wachtwoord
How did you know this, Dumpe3r?! Could you teach me your TA?
wachtwoord
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August 07, 2014, 01:22:44 PM

Your username seems properly chosen. You are very wrong though Wink

I'm never wrong! You'll see...

Saying that 'because the last 4 small triangles broke to the downside the closing of the next big one will break to the downside too' is wrong. No mater whether it actually breaks up or down Smiley

My so sophisticated and very accurate TA skills, are going far beyond falling triangles and my prophesys are always true. In few weeks you'll bow down and ask:

Quote from: wachtwoord
How did you know this, Dumpe3r?! Could you teach me your TA?

When given the opportunity I'd advice you not to bet on that Wink
madmat
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August 07, 2014, 01:23:43 PM

Your username seems properly chosen. You are very wrong though Wink

I'm never wrong! You'll see...

Saying that 'because the last 4 small triangles broke to the downside the closing of the next big one will break to the downside too' is wrong. No mater whether it actually breaks up or down Smiley

My so sophisticated and very accurate TA skills, are going far beyond falling triangles and my prophesys are always true. In few weeks you'll bow down and ask:

Quote from: wachtwoord
How did you know this, Dumpe3r?! Could you teach me your TA?

A new self-proclaimed expert.  Grin

Price will go down. SELL SELL SELL.
empowering
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August 07, 2014, 01:28:11 PM


If you had described the situation to Orwell, he wouldn't have believed it.

You're right, on the other hand Huxley had foreseen precisely this exact scenario.








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