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

[Newbie1022]

How is this not trolling? You know, Jesus Christ.

c'mon he's giving you 3 choices 1 of which (III) is very bearish.

don't get it either? in my opinion. we have to see more (ore less) sideways, as bulls and bears balance each other very well.

I deleted the comment after I reviewed the chart more. It's just a small visual pane. Honestly, my bad.

[thefunkybits]

damm i miss the old bitcoin days
where I could make $2k a day

I have a feeling those days will be coming back in 2015 

[jonoiv]

How is this not trolling? You know, Jesus Christ.

c'mon he's giving you 3 choices 1 of which (III) is very bearish.

don't get it either? in my opinion. we have to see more (ore less) sideways, as bulls and bears balance each other very well.

I deleted the comment after I reviewed the chart more. It's just a small visual pane. Honestly, my bad.

Arrr, premature graphulation , happens to us all from time to time.  

[8up]

How is this not trolling? You know, Jesus Christ.

c'mon he's giving you 3 choices 1 of which (III) is very bearish.

don't get it either? in my opinion. we have to see more (ore less) sideways, as bulls and bears balance each other very well.

I deleted the comment after I reviewed the chart more. It's just a small visual pane. Honestly, my bad.

sorry, i understand your pain. actually my ms paint chart drawing skills are not the best.

[Newbie1022]

How is this not trolling? You know, Jesus Christ.

c'mon he's giving you 3 choices 1 of which (III) is very bearish.

don't get it either? in my opinion. we have to see more (ore less) sideways, as bulls and bears balance each other very well.

I deleted the comment after I reviewed the chart more. It's just a small visual pane. Honestly, my bad.

sorry, i understand your pain. actually my ms paint chart drawing skills are not the best.

Thanks gents.

[8up]

tl:dr;
to lame didn't read

no moon soon. if at all we enter bubble phase not before march.

as mentionend in an other thread. sentiment feels much alike spring 2012, which means for now i take the longer count (II) which could start as early as summer 2015

[phoenix1]

How is this not trolling? You know, Jesus Christ.

c'mon he's giving you 3 choices 1 of which (III) is very bearish.

I'm sticking with (III) ... I don't see it as bearish, just this  



You still going for $500 by Dec 15th ??

[billyjoeallen]

damm i miss the old bitcoin days
where I could make $2k a day

I made $2K in the last 24 HRS ;-)

To be fair, that includes the recovery from my upside down short, but I think it counts.

[janos666]

You still gong for $500 by Dec 15th ??

Oh lol, I am going to the airport that day to pick up somebody who failed to start a new dream-life from scratch in a foreign country.

To be fair, that includes the recovery from my upside down short, but I think it counts.

Similar here. But no, I don't think it counts.

[phoenix1]

damm i miss the old bitcoin days
where I could make $2k a day

I made $2K in the last 24 HRS ;-)

To be fair, that includes the recovery from my upside down short, but I think it counts.

Right knee, red, for bragging

Fist bump for a good call  

Winter is coming ...

[billyjoeallen]

You still gong for $500 by Dec 15th ??

Oh lol, I am going to the airport that day to pick up somebody who failed to start a new dream-life from scratch in a foreign country.

To be fair, that includes the recovery from my upside down short, but I think it counts.

Similar here. But no, I don't think it counts.

ok ~ $1,100 then. I'll take it.

[jonoiv]

How is this not trolling? You know, Jesus Christ.

c'mon he's giving you 3 choices 1 of which (III) is very bearish.

I'm sticking with (III) ... I don't see it as bearish, just this  



You still going for $500 by Dec 15th ??

It looks like an absurd prediction, and we might not be there that quickly now.  I thought the drop (if it came) would come on the 7th Dec.  I said the extreme low would be 2100 and it turned out to be 2101. I think it's possible we could visit 2100 again then the up-trend will have some more life to it.

I know it looks unlikely now but look at the mood of the forum on 3rd Nov and look at where we were 10 days later.  for me $300 has less probability then $500.  

EDIT: Actually I changed my mind about 2100 again.  I think it's a slow grind gathering pace with each break out.

[phoenix1]

You still going for $500 by Dec 15th ??

It looks like an absurd prediction, and we might not be there that quickly now.  I thought the drop (if it came) would come on the 7th Dec.  I said the extreme low would be 2100 and it turned out to be 2101. I think it's possible we could visit 2100 again then the up-trend will have some more life to it.

I know it looks unlikely now but look at the mood of the forum on 3rd Nov and look at where we were 10 days later.  for me $300 has less probability then $500.  

Hmmm, I think we are definitely on very different sides of the fence on this one  

But I respect the fact that you form your own opinions and are clearly not blindly lead by the ramblings of others  

[ChartBuddy]

Explanation

[Newbie1022]

It looks like an absurd prediction, and we might not be there that quickly now.  I thought the drop (if it came) would come on the 7th Dec.  I said the extreme low would be 2100 and it turned out to be 2101. I think it's possible we could visit 2100 again then the up-trend will have some more life to it.

I know it looks unlikely now but look at the mood of the forum on 3rd Nov and look at where we were 10 days later.  for me $300 has less probability then $500.  

Hmmm, I think we are definitely on very different sides of the fence on this one  

But I respect the fact that you form your own opinions and are clearly not blindly lead by the ramblings of others  

This. I disagree with Jonoiv... But what he is saying is entirely reasonable.

[fichtn12345]

Damn, somebody should invent Timecoins.
Every second is like  0.01 $ or something and if you did something special like save someone a lot of time by helping him, you should get some timecoins by a fixed rate.
For example, if you are like NotLameChop and tell the stupid noobs here not to buy bitcoins and you try to educate them, you should get 1.2 TC for every minute spent on this forum. Because he is putting some real effort into this, he has to be rewarded. So whoever is going to invent them, has to give NotLameChop at least (ask Blitz for the correct number of posts) X posts a day / 13,37 minutes per post * effort discriminante - wasted time in seconds + affected buttcoiners = Timecoins.

[JorgeStolfi]

If... and only if... this drop was based on the fake Chinese news, then I don't see reason for further drop.

On March 21 a rumor came out that the PBoC would close the bank accounts of bitcoin exchanges.  The rumor caused a sharp price drop, especially in China.  That rumor  was denied on the same day by the PBoC, through their Weibo (Chinese Twitter) account; and the price immediately recovered.

On March 27 the rumor was renewed, this time by a reporter from a respected news agency, who claimed to have seen a draft of the circular.  Price took a new plunge.  Some people were still skeptical at first, but gradually it was confirmed: bank input channels would have to be be closed by April 15.  Price kept dropping. 

On April 15 some banks said they still had not received the circular and kept the exchanges' bank accounts open.  Optimism returned an the price jumped back. But on April 25 the ban was confirmed: new plunge.

So, perhaps the price has not recovered fully this time because the people suspect that the same thing will happen with the UnionPay rumor: denial at first, but eventually confirmation.

[jonoiv]

You still going for $500 by Dec 15th ??

It looks like an absurd prediction, and we might not be there that quickly now.  I thought the drop (if it came) would come on the 7th Dec.  I said the extreme low would be 2100 and it turned out to be 2101. I think it's possible we could visit 2100 again then the up-trend will have some more life to it.

I know it looks unlikely now but look at the mood of the forum on 3rd Nov and look at where we were 10 days later.  for me $300 has less probability then $500.  

EDIT: Actually I changed my mind about 2100 again.  I think it's a slow grind gathering pace with each break out.

Hmmm, I think we are definitely on very different sides of the fence on this one  

But I respect the fact that you form your own opinions and are clearly not blindly lead by the ramblings of others  

When I trade, I trade using the Moon / Doom Wall observer post technique.   Divide the number of doom posts by the number of moon posts and if the ratio is grater than 1.6, it's going to pump.  Vise versa for the period after a nice uptrend.  

We have had about 3 doom posts to every moon posts the last 2-3 days so I make that a ratio of 3 for a while = moon soon(ish)  

[phoenix1]

I don't think this drop has anything to do with any 'Chinese news', fake or otherwise, it's just a top-heavy market rolling over, more sellers than buyers ATM

Occam's Razor ...

[Deadstock]

$34x.xx should be low enough to wake up the CHEAP COIN CREW to start preaching again on this thread, where they at tho?