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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26403999 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.)
Ozziecoin
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August 18, 2014, 07:24:56 AM

I really don't think I'm dreaming this up because it's still ongoing. China is consistently selling off:



I'm not trying to FUD. I'm a long Btc holder.
MrPiggles
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August 18, 2014, 07:28:20 AM

It's always amusing to log in and see the change in sentiment you guys get from a 3-5% swing in either direction.

5% up this thread is TO DA MOON with happy gifs, rockets and bulls.

5% down and everyones crying into their hankies, talking about blood and posting expert analyses on why bitcoin will be worthless soon.

There's no middle ground with many of you
thefunkybits
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August 18, 2014, 07:30:44 AM



 Cheesy Cheesy Cheesy

Our left shoulder has drastically less sell volume than our right shoulder, which tells me this might not be a true H&S pattern

Looks like a margin hunter to me...
Phillis
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August 18, 2014, 07:49:49 AM

stamp and bitfinex don't seem to give a fuck about what china is doing
ChartBuddy
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August 18, 2014, 07:59:33 AM


Explanation
rpietila
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August 18, 2014, 07:59:47 AM

We are probably a few hours from either impending doom or staring at a lack of volatility while we fearfully anticipate impending doom. So, on that note. How is insomnia treating everybody this week. This has been the worst week for me ever in terms of eating, exercise, sleeping, and general bathing. How about the rest of the team?

I have eaten rather well, thank you for asking. Slept - not so much. But the said dinner lasted 8 hours from the appointed time, what can I do?

molecular
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August 18, 2014, 08:01:01 AM



I think these (1: april 2013 aftermath, 2: december 2013 aftermath) are quite similar.

Now we even have the final blip down. In case of 1 this was caused by the silkroad bust, in case of 2, I don't even know. There are of course differences, too. 2 is quite a bit slower (takes longer time), for example.

Of course I'm not the first one to notice this, just wanted to remind the bulls there still is hope Wink
molecular
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August 18, 2014, 08:02:05 AM

We are probably a few hours from either impending doom or staring at a lack of volatility while we fearfully anticipate impending doom. So, on that note. How is insomnia treating everybody this week. This has been the worst week for me ever in terms of eating, exercise, sleeping, and general bathing. How about the rest of the team?

I have eaten rather well, thank you for asking. Slept - not so much. But the said dinner lasted 8 hours from the appointed time, what can I do?



coke?
Newbie1022
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August 18, 2014, 08:02:30 AM



 Cheesy Cheesy Cheesy

Our left shoulder has drastically less sell volume than our right shoulder, which tells me this might not be a true H&S pattern

Looks like a margin hunter to me...

I was thinking that, too... I figured maybe it is just a retarded shoulder... like those guys with the little deformed hand... I had a law professor with a little deformed hand... funny and brilliant guy.

Then again, if you look at the 1 day map on Bitfinex... it is a perfect head and shoulder... but that perspective is creepy and way more pessimistic than I am when I look at the market.
zby
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August 18, 2014, 08:02:45 AM

It's always amusing to log in and see the change in sentiment you guys get from a 3-5% swing in either direction.

5% up this thread is TO DA MOON with happy gifs, rockets and bulls.

5% down and everyones crying into their hankies, talking about blood and posting expert analyses on why bitcoin will be worthless soon.

There's no middle ground with many of you

Outside of bitcoin 5% swing is huge.
Newbie1022
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August 18, 2014, 08:04:15 AM



I think these (1: april 2013 aftermath, 2: december 2013 aftermath) are quite similar.

Now we even have the final blip down. In case of 1 this was caused by the silkroad bust, in case of 2, I don't even know. There are of course differences, too. 2 is quite a bit slower (takes longer time), for example.

Of course I'm not the first one to notice this, just wanted to remind the bulls there still is hope Wink


Interesting!
Newbie1022
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August 18, 2014, 08:05:16 AM

We are probably a few hours from either impending doom or staring at a lack of volatility while we fearfully anticipate impending doom. So, on that note. How is insomnia treating everybody this week. This has been the worst week for me ever in terms of eating, exercise, sleeping, and general bathing. How about the rest of the team?

I have eaten rather well, thank you for asking. Slept - not so much. But the said dinner lasted 8 hours from the appointed time, what can I do?



Fun!!
fonzie
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August 18, 2014, 08:05:37 AM

@Newbie1022

How long did it take until you became fully gambling addicted?  Cheesy
thefunkybits
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August 18, 2014, 08:09:40 AM
Last edit: August 18, 2014, 08:19:48 AM by thefunkybits



I think these (1: april 2013 aftermath, 2: december 2013 aftermath) are quite similar.

Now we even have the final blip down. In case of 1 this was caused by the silkroad bust, in case of 2, I don't even know. There are of course differences, too. 2 is quite a bit slower (takes longer time), for example.

Of course I'm not the first one to notice this, just wanted to remind the bulls there still is hope Wink


The SR bust only relieved sell pressure that had built up and I believe the price would have turned bearish around that point anyways.

I remember thinking before the SR crash that there was some sell pressure that needed to be relieved (although I knew we were well in place for another exponential rise in the price). I was right in this thinking, but the news was just a catalyst for this pressure to be released.

I believe the same thing is happening now without the "news"
Newbie1022
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August 18, 2014, 08:16:22 AM

@Newbie1022

How long did it take until you became fully gambling addicted?  Cheesy

Couple weeks. Is it that obvious? =D
Wandererfromthenorth
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August 18, 2014, 08:27:44 AM
Last edit: August 18, 2014, 08:39:40 AM by Wandererfromthenorth

Rock bottom huh?

LTC is Rock Bottom, one needs glasses if you can't see its downtrend has nearly stopped! At $5 it's a steal imho...

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August 18, 2014, 08:28:41 AM

quadruple, quintuple, etc etc bottom? or we gonna finally break through down below? my money is on going downtown. maybe not today, but it's gonna happen soon, me thinks. good luck out there, bulls. Grin
FattyMcButterpants
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August 18, 2014, 08:29:54 AM

And this time LTC/USD says "so?".  

LTC is Rock Bottom, one needs glasses if you can't see its downtrend has nearly stopped! At $5 it's a steal imho...

this was sarcastic, i hope. Undecided

$4 broken today, and looking to break it again after it bounced. looks like BTC might take the piss as well. let's watch. Cheesy
fonzie
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August 18, 2014, 08:31:10 AM

Good Riddance crypto. RxIxP
Wandererfromthenorth
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August 18, 2014, 08:31:24 AM

And this time LTC/USD says "so?".  

LTC is Rock Bottom, one needs glasses if you can't see its downtrend has nearly stopped! At $5 it's a steal imho...

this was sarcastic, i hope. Undecided

$4 broken today, and looking to break it again after it bounced. looks like BTC might take the piss as well. let's watch. Cheesy
Yeah i was trolling the poster that said so  Grin

I still think LTC has nothing to offer.
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