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

[Newbie1022]

How do I know that this isn't the bottom? Because less than 100 coins have traded on BFX in the past hour... (correction, we just got a 57 coin pump)... there is no volume, nobody is excited about this purportedly low price, and even the bag holders aren't doubling down anymore and talking about lowering their average price.

This along with the Junta periodically engaging in dumps means... lower, lower, lower!

[Room101]

This along with the Junta periodically engaging in dumps means... lower, lower, lower!

So?

You're not going to get rich overnight. Poor baby. Weigh your options, then make a decision. Being a little bitch is not only unbecoming, it means you have no real faith in yourself or your decision making. Worst case you lose some money. Big fucking deal. Best case you make some money......in your case you will still be a little bitch.

[dropt]

How do I know that this isn't the bottom? Because less than 100 coins have traded on BFX in the past hour... (correction, we just got a 57 coin pump)... there is no volume, nobody is excited about this purportedly low price, and even the bag holders aren't doubling down anymore and talking about lowering their average price.

This along with the Junta periodically engaging in dumps means... lower, lower, lower!

Have you really only been here since June of 2014?   Are you one of "those people" that were just here for the "July/Aug Rally" and now it's not materialized, so fuck this place and fuck Bitcoin?

[Sandia]

How do I know that this isn't the bottom? Because less than 100 coins have traded on BFX in the past hour... (correction, we just got a 57 coin pump)... there is no volume, nobody is excited about this purportedly low price, and even the bag holders aren't doubling down anymore and talking about lowering their average price.

This along with the Junta periodically engaging in dumps means... lower, lower, lower!

People learn and recognize patterns. Spending 20 minutes looking at the 30 minutes charts for the last month should convince anyone.  I wish there was a site that would also show the buy/sell action, order by order, during a specified candle, as well.

Yesterday, we had the 2k wall and only a tiny dump (600 coins?), apparently because no big guys followed his lead.  Everyone remembers what happened nearly every day since June, especially the massacre at 500.  As soon as they buy and the trend is up, 1000 coins are market dropped on the market and they are sitting at a loss.

I suspect that it would take a 5 days to a week with no major dumps before buyers get any confidence that it is safe to buy.  Until that occurs, down we go.

[dannyspk]

How do I know that this isn't the bottom? Because less than 100 coins have traded on BFX in the past hour... (correction, we just got a 57 coin pump)... there is no volume, nobody is excited about this purportedly low price, and even the bag holders aren't doubling down anymore and talking about lowering their average price.

This along with the Junta periodically engaging in dumps means... lower, lower, lower!

Have you really only been here since June of 2014?   Are you one of "those people" that were just here for the "July/Aug Rally" and now it's not materialized, so fuck this place and fuck Bitcoin?

 

[dropt]

People learn and recognize patterns. Spending 20 minutes looking at the 30 minutes charts for the last month should convince anyone.  I wish there was a site that would also show the buy/sell action, order by order, during a specified candle, as well.

Yesterday, we had the 2k wall and only a tiny dump (600 coins?), apparently because no big guys followed his lead.  Everyone remembers what happened nearly every day since June, especially the massacre at 500.  As soon as they buy and the trend is up, 1000 coins are market dropped on the market and they are sitting at a loss.

I suspect that it would take a 5 days to a week with no major dumps before buyers get any confidence that it is safe to buy.  Until that occurs, down we go.

+1

[ChartBuddy]

Explanation

[centauribit]

Where can I get historic data series of Bitcoin prices?

[Wary]

People learn and recognize patterns. Spending 20 minutes looking at the 30 minutes charts for the last month should convince anyone.  I wish there was a site that would also show the buy/sell action, order by order, during a specified candle, as well.

Yesterday, we had the 2k wall and only a tiny dump (600 coins?), apparently because no big guys followed his lead.  Everyone remembers what happened nearly every day since June, especially the massacre at 500.  As soon as they buy and the trend is up, 1000 coins are market dropped on the market and they are sitting at a loss.

I suspect that it would take a 5 days to a week with no major dumps before buyers get any confidence that it is safe to buy.  Until that occurs, down we go.

I want to be convinced  What specifically should I look for?

[ChartBuddy]

Explanation

[rebuilder]

I guess we're due to see some volume, whichever way it goes.

[JorgeStolfi]

Where can I get historic data series of Bitcoin prices?

You can download price data from bitcoincharts.com, in various time steps (although for the smaller time steps you an get only a couple of days at a time).   But, las time I looked, they didn't list Huobi or OKCoin.

I downloaded from them several chunks of data about several exchanges in several epochs.  Let me know if you you are interested.

You can download Huobi's individual trade data from https://github.com/huobi/btc-trade-result-history

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[grappa_barricata]

Explanation

[ChartBuddy]

Explanation

[ShroomsKit_Disgrace]

Explanation

LOVELY.

[Wary]

Does betting a kidney qualify for "blood in the streets"?  IMO, it's really bullish!

[Newbie1022]

Does betting a kidney qualify for "blood in the streets"?  IMO, it's really bullish!

I think only if I lose... I'll have to consult the oracle about that, though.

[ChartBuddy]

Explanation