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

[coinableS]

LOL one does not simply "regulate" Bitcoin markets. It's open 24 hours a day every day. All trades are accepted.

[jonoiv]

LOL one does not simply "regulate" Bitcoin markets. It's open 24 hours a day every day. All trades are accepted.

Let me get that for you

[ChartBuddy]

Explanation

[spooderman]

Is it me or does TA seem to NOT REALLY WORK THAT WELL on these markets? I'm not sure if it does on other markets.

Sorry to do this fucking conversation again, I know it's been done to death, but still:

TA will have a serious ability to predict if everyone uses the same algorithms in a mundane market that is old, experienced and has little to no unpredictable events occurring. Because in a market like this, if everyone thinks something is going to happen, then it undoubtedly will.

However bitcoin is new and groundbreaking and therefore its market SURELY is far more at the behest of real world occurrences.

I laugh when I see people talking about legit TA. Seriously, someone needs to compile all the failed attempts and predictions.

[JorgeStolfi]

During the last auction, the BTC price was around $600, and most likely Draper paid more than $650 - because otherwise he would NOT have been able to win all of the lots.

I wouuld rather think that he paid below market, say 570$/BTC.  If he had paid more than market, he surely would have said so, in order to bolster confidence and help push the price up.

EDIT and the same holds for the other bidders -- if any of them had bid above market (but less than Draper, of course), he surely would have said so.

[dreamspark]

Are we forgetting the reason Draper bought the coins? To provide liquidity in his other ventures. I'm fairly sure therefore that his sole interest was not to push the price up to then sell off his lots. He's worth a fortune and people like that have no interest in telling you what he paid for what etc.

[galdur]

"From a technical perspective, too, a long position offers a better chance of success."

http://www.nasdaq.com/article/two-ways-to-play-a-potential-breakout-in-btcusd-cm414933

"As I write, Bitcoin against the U.S. Dollar (BTC/USD) is poised at levels that could decide the direction of the currency pair for the next few weeks, maybe even longer."





NEXT 24H ARE CRITICAL AS FUCK. CONFIRMED BY WALL STREET!   

 

Going down soon ?

[mah87]

During the last auction, the BTC price was around $600, and most likely Draper paid more than $650 - because otherwise he would NOT have been able to win all of the lots.

I wouuld rather think that he paid below market, say 570$/BTC.  If he had paid more than market, he surely would have said so, in order to bolster confidence and help push the price up.

EDIT and the same holds for the other bidders -- if any of them had bid above market (but less than Draper, of course), he surely would have said so.

Ripple is the only way. Dozen of start-ups will lose money investing in the bitcoin field.

[fonzie]

[Cheeseonastick]

I'd rather use dogecoin than ripple.

[jonoiv]

During the last auction, the BTC price was around $600, and most likely Draper paid more than $650 - because otherwise he would NOT have been able to win all of the lots.

I wouuld rather think that he paid below market, say 570$/BTC.  If he had paid more than market, he surely would have said so, in order to bolster confidence and help push the price up.

EDIT and the same holds for the other bidders -- if any of them had bid above market (but less than Draper, of course), he surely would have said so.

Ripple is the only way. Dozen of start-ups will lose money investing in the bitcoin field.

If ripple were mined it would have the equivalent of a 20% pre-mine.  

But this is not a ripple thread, as per the title it's Bitcoin.  

[coinableS]

Big dump time!

[NotLambchop]

Big dump time!

Bullish!

[LFC_Bitcoin]

Yeah lads huge dump.

The price has fell to it's knees, a whole 5 dollars.

[molecular]

"From a technical perspective, too, a long position offers a better chance of success."

http://www.nasdaq.com/article/two-ways-to-play-a-potential-breakout-in-btcusd-cm414933

"As I write, Bitcoin against the U.S. Dollar (BTC/USD) is poised at levels that could decide the direction of the currency pair for the next few weeks, maybe even longer."





NEXT 24H ARE CRITICAL AS FUCK. CONFIRMED BY WALL STREET!   

 

Now's the time to paint the tape boys. Execute all buy orders now as planned.

Wallstreet is watching??? Get out the green tape and paaaaaaint!!!

[molecular]

Can we please stop speculating without specific reasoning in this thread? Do we have any legit TA? Double Bottoms detected? Pennants? Anyone with legit details? Thank you. 

hey man, head over to ristos thread or something. This is where we hang out to drink and smoke and whatnot. ;-)

[hyphymikey]

Bitstamp never ceases to amaze me with the idiot dumpers and the large sell walls. Must be were the thieves are cashing out.

[NotLambchop]

Yeah lads huge dump.

The price has fell to it's knees, a whole 5 dollars.

Any price drop less than 50% is bullish.  Buy.

[macsga]

Is it me or does TA seem to NOT REALLY WORK THAT WELL on these markets? I'm not sure if it does on other markets.

Sorry to do this fucking conversation again, I know it's been done to death, but still:

TA will have a serious ability to predict if everyone uses the same algorithms in a mundane market that is old, experienced and has little to no unpredictable events occurring. Because in a market like this, if everyone thinks something is going to happen, then it undoubtedly will.

However bitcoin is new and groundbreaking and therefore its market SURELY is far more at the behest of real world occurrences.

I laugh when I see people talking about legit TA. Seriously, someone needs to compile all the failed attempts and predictions.

It was a joke, to follow your words though, I'd like to propose to take a look here and justify your causes a bit better.
https://bitcointalk.org/index.php?topic=372346.0

Cheers.

[NotLambchop]

...Must be were the thieves are cashing out.

Yep, Bitcoiners.