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

[ChartBuddy]

Explanation

[Winner]

Explanation

o rly


I see 200 incoming

[Fatman3001]

Explanation

o rly


I see 200 incoming

Hope you don´t see it from that image, ChartBuddy has been a bit under the weather lately.

[NotLambchop]

...
But I don't see how, in one way or another, you could do without a store of value.
...

Everything that has value (a car, a factory, a stick of gum, even a bitcoin) is a store of value to some degree.  Fiat money too is a store of value, though a poor one--by design.  It makes investment more profitable than hoarding.  A "good" store of value, OTOH, discourages investment and encourages hoarding.
My point is trivial: if gold and similar "stores of value" vanished tomorrow, initial economic consequences would be less than catastrophic.  Eventually, the economy would do better without it.

[inca]

Weekend dip!

[JorgeStolfi]

Explanation

Go home Chartbuddy, you're drunk.

Not sure if people are joking... The plots may seem broken at first sight, but they are a consequence of large changes in the order book, at some distance from the spread.  Months ago, the changes were usually small and usually close to the spread, so the plot usually looked like a fairly smooth valley.

[Phillis]

yeah, well i am running that strategy atm myself. I am bought (i probably shouldnt be, but i just rebought), but I have a roof in at $400 and my drop loss at $365. We will see, but its a nice risk mitigation technique.

I have to ask, or it's going to eat my alive: what's the difference between a drop loss and a stop loss?

Is it related to a timid order? Or a barge in account?

ah well i am involved with haasbot, which is a bitcoin/altcoin bot. One of the features it has is roof in and drop loss (drop loss is basically a stop loss on an exchange), whereas a roof in will execute a buy if the price that is entered is reached, which is $400 for me, atm.

[LFC_Bitcoin]

Very slight upwards change in the price it appears.

$377 on coindesk

[samsonn25]

Weekend dip!

Is dip because the price went to $463 which is almost $90 above the daily ema around $363

[wmr42393]

Explanation

o rly


I see 200 incoming

2000 has a higher probability.  

[indiemax]

Explanation

o rly


I see 200 incoming

2000 has a higher probability.  

why? because 200 has a higher probability,do the maths

[Fatman3001]

Explanation

Go home Chartbuddy, you're drunk.

Not sure if people are joking... The plots may seem broken at first sight, but they are a consequence of large changes in the order book, at some distance from the spread.  Months ago, the changes were usually small and usually close to the spread, so the plot usually looked like a fairly smooth valley.

ChartBuddy has been stuck on the same image since page 9957.

[tmfp]

yeah, well i am running that strategy atm myself. I am bought (i probably shouldnt be, but i just rebought), but I have a roof in at $400 and my drop loss at $365. We will see, but its a nice risk mitigation technique.

I have to ask, or it's going to eat my alive: what's the difference between a drop loss and a stop loss?

Is it related to a timid order? Or a barge in account?

ah well i am involved with haasbot, which is a bitcoin/altcoin bot. One of the features it has is roof in and drop loss (drop loss is basically a stop loss on an exchange), whereas a roof in will execute a buy if the price that is entered is reached, which is $400 for me, atm.

Trying to understand this, please bear with me, you mean you now are nett long around current prices which you will stop out at 365 and take a loss, but if the price breaks thru 400 then you will add to your long?

[wmr42393]

Explanation

o rly


I see 200 incoming

2000 has a higher probability.  

why? because 200 has a higher probability,do the maths

Worked out an equation have you?

I would love to see it.  

You do realize the price has hit 2000 more recently than 200?

[shmadz]

Explanation

o rly


I see 200 incoming

2000 has a higher probability.  

why? because 200 has a higher probability,do the maths

Worked out an equation have you?

I would love to see it.  

You do realize the price has hit 2000 more recently than 200?

You're drunker than chartbuddy

[wmr42393]

Explanation

o rly


I see 200 incoming

2000 has a higher probability.  

why? because 200 has a higher probability,do the maths

Worked out an equation have you?

I would love to see it.  

You do realize the price has hit 2000 more recently than 200?

You're drunker than chartbuddy

Ohh.. really ?

3200 Euro on 6th October
http://www.reddit.com/r/Bitcoin/comments/2frwo5/crazy_bot_bought_btc_3200_on_btce/

https://bitcoinwisdom.com/markets/btce/btceur

[cheekychap]

The bitcoin is in for a rollercoaster ride this past week.

[ChartBuddy]

Explanation

[grappa_barricata]

Ohh.. really ?
3200 Euro on 6th October
http://www.reddit.com/r/Bitcoin/comments/2frwo5/crazy_bot_bought_btc_3200_on_btce/
https://bitcoinwisdom.com/markets/btce/btceur

Congratulation! You have earned a trollipop.

[JorgeStolfi]

You do realize the price has hit 2000 more recently than 200?

You're drunker than chartbuddy

Ohh.. really ?

3200 Euro on 6th October
http://www.reddit.com/r/Bitcoin/comments/2frwo5/crazy_bot_bought_btc_3200_on_btce/

https://bitcoinwisdom.com/markets/btce/btceur

Well, even more recently Adam reported that he offered free bitcoins to some celebrity at a comics convention, but the guy declined.  So bitcoin's price was below zero on that particular market, that particular day.