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

[keewee]

Little to no volume here or at any of the exchanges.

Spooky quiet.

Calm before the storm 

[ChartBuddy]

Explanation

[FNG]

Huobi looks like it wants to choochoo a bit

[Bitcoin-Club]

for those who don't believe in technical analysis

[MrPiggles]

I wonder why do a lot of people vote for the worst in the voting above. It seems we have a lot of pessimistic people on the bitcoin forum here. Its just promotes the price to go down further.

People choose the worst option because that way if the price drops, they can at least take comfort of having made a correct prediction. If the price rises, they will be happy and they won't care about the poll.

I always pick the most negative just for the hell of it

[MrPiggles]

for those who don't believe in technical analysis

How to trade effectiently using bitcoin technical analysis

I am goingt to start a websitet for soopertdooper techitical analytsis to provet how to effectiently tradet bitcoint

[ChartBuddy]

Explanation

[mmitech]

The MACD is a lagging indicator, without momentum it doesn't mean anything... with this slow market, MACD turning green is not a strong indicator of a reversal.

[lyth0s]

--link removed

How to trade effectiently using bitcoin technical analysis

I am goingt to start a websitet for soopertdooper techitical analytsis to provet how to effectiently tradet bitcoint

His whole website is about that bitcoin trading bot. Very likely a trojan or similar software to steal all your coins

[marcus_of_augustus]

The MACD is a lagging indicator, without momentum it doesn't mean anything... with this slow market, MACD turning green is not a strong indicator of a reversal.

... and the worm turns.

[superresistant]

 
What do you think about the USD ?
Why is it so strong ?
Is it because of the oil price going down ?

[hdbuck]

who owns the moon?

http://www.iflscience.com/space/who-owns-moon

i think we all know the answer to that in here..

[mmitech]

The MACD is a lagging indicator, without momentum it doesn't mean anything... with this slow market, MACD turning green is not a strong indicator of a reversal.

... and the worm turns.

Don't know exactly what you are trying to say, but I bet it is not important and it is just a buthurt expression. I am getting use to your kind... but hey don't worry, only time will tell.

[findftp]

I wonder why do a lot of people vote for the worst in the voting above. It seems we have a lot of pessimistic people on the bitcoin forum here. Its just promotes the price to go down further.

People choose the worst option because that way if the price drops, they can at least take comfort of having made a correct prediction. If the price rises, they will be happy and they won't care about the poll.

I always pick the most negative just for the hell of it

You're just a troll!

can't help it, I do the same...

[lyth0s]

What do you think about the USD ?
Why is it so strong ?
Is it because of the oil price going down ?

It's so "strong" simply because everyone is in a race to devalue their own currency and everyone is beating the USD at doing that right now. "strong" and "weak" dollar indexes are 100% manipulated by the central banks deciding on how much money to print in relation to other countries. Don't be fooled by these numbers like most people are.

Also the stock market looks pretty good right? Wrong. What else do you expect with QE x 3 and extremely low interest rates? Everyone puts their money in the stock market and the slow but steady rise is really more of a ponzi scheme than anything else right now.

[pinky]

What do you think about the USD ?
Why is it so strong ?
Is it because of the oil price going down ?

The rest of the world is in more shit than USA. Capital has found save haven in USD as the rest of the markets are in poor condition, for example EU is in deflation and soon there will be nobody willing to lend to some of the EU members (France, Spain,...) which may need to default and thus many investors find holding Euro risky. There are taxes raising everywhere in hunt for money to prolong govermental status quo and socialstic utopia in many countries. Oil prices are only indicator that we may go into another global recession in the next months and investors are expecting lower demand for energy.

[FNG]

Huobi looks like it wants to choochoo a bit

Chooooo

[ChartBuddy]

Explanation

[superresistant]

What do you think about the USD ?
Why is it so strong ?
Is it because of the oil price going down ?

It's so "strong" simply because everyone is in a race to devalue their own currency and everyone is beating the USD at doing that right now. "strong" and "weak" dollar indexes are 100% manipulated by the central banks deciding on how much money to print in relation to other countries. Don't be fooled by these numbers like most people are.
Also the stock market looks pretty good right? Wrong. What else do you expect with QE x 3 and extremely low interest rates? Everyone puts their money in the stock market and the slow but steady rise is really more of a ponzi scheme than anything else right now.

I wonder how many QE can US do before the crash.
Will we see QE 10, QE 100 ?
Can the madness go on forever ?

The rest of the world is in more shit than USA. Capital has found save haven in USD as the rest of the markets are in poor condition, for example EU is in deflation and soon there will be nobody willing to lend to some of the EU members (France, Spain,...) which may need to default and thus many investors find holding Euro risky. There are taxes raising everywhere in hunt for money to prolong govermental status quo and socialstic utopia in many countries. Oil prices are only indicator that we may go into another global recession in the next months and investors are expecting lower demand for energy.

What will happen when West Europe goes bankrupt ?
The economy is global but as long as there is no real crash, everything goes well and USD get stronger.

[spiderbrain]

What do you think about the USD ?
Why is it so strong ?
Is it because of the oil price going down ?

US dollar isn't strong, everything else is weak. Everyone is printing, but US printed money is just sitting in private bank accounts and isn't moving, yet. Most commentators think this can't last, so shorting the dollar is probably a good idea right now. Against what is the question, though? The global economy is in recession, so commodity prices are going down (especially oil because of the anti russian US-Saudi deal) so probably not them. Gold? Again, a good long term bet, as the rush to physical gold in china and india shows, but short term the naked shorting of paper gold could continue.

It really depends upon what different central banks do, hence these guys' conclusion... "meh."
http://www.gfx.gbm.scotiabank.com/Chart_Feed/fxout.pdf

Have you heard of bitcoin...?