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

[phoenix1]

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)  

I use that indicator too, but not in quite such a refined way - I have not defined parameters yet 

[Fatov]

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.

Screenshot?
You cant win meanwhile btc is dropping :/

[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.

Screenshot?
You cant win meanwhile btc is dropping :/

[Specular]

Hello all,

I think that the most relevant factor to the BTC price today is the same factor that (I believe) has impacted all risk-related markets worldwide - China's decision to tighten up credit in corporate and local government debt. There are a number of major geo-political risks rattling out there (oil plunge, US dollar rise, China's debt-fueled growth and EU's debt ridden PIGS).

My guess is that BTC COULD benefit if one of these risks goes into full-on meltdown mode. On the other hands, if Central Banks can calm markets and slather on some more QE, stocks could keep rising (taking away from BTC's safe-haven appeal).

Relevant:
http://www.bloomberg.com/news/2014-12-09/china-s-rate-swaps-surge-most-since-june-2013-as-bonds-tumble.html
http://www.reuters.com/article/2014/12/09/china-debt-regulations-idUSL3N0TT03T20141209

[ticoti]

China is waking up,let'see where they want to go

[hmmmstrange]

Hello all,

I think that the most relevant factor to the BTC price today is the same factor that (I believe) has impacted all risk-related markets worldwide - China's decision to tighten up credit in corporate and local government debt. There are a number of major geo-political risks rattling out there (oil plunge, US dollar rise, China's debt-fueled growth and EU's debt ridden PIGS).

My guess is that BTC COULD benefit if one of these risks goes into full-on meltdown mode. On the other hands, if Central Banks can calm markets and slather on some more QE, stocks could keep rising (taking away from BTC's safe-haven appeal).

Relevant:
http://www.bloomberg.com/news/2014-12-09/china-s-rate-swaps-surge-most-since-june-2013-as-bonds-tumble.html
http://www.reuters.com/article/2014/12/09/china-debt-regulations-idUSL3N0TT03T20141209

"BTC's safe-haven appeal"
I love newbies.

[ChartBuddy]

Explanation

[phoenix1]

China is waking up,let'see where they want to go

Hawaii ??  

[Specular]

Hello all,

I think that the most relevant factor to the BTC price today is the same factor that (I believe) has impacted all risk-related markets worldwide - China's decision to tighten up credit in corporate and local government debt. There are a number of major geo-political risks rattling out there (oil plunge, US dollar rise, China's debt-fueled growth and EU's debt ridden PIGS).

My guess is that BTC COULD benefit if one of these risks goes into full-on meltdown mode. On the other hands, if Central Banks can calm markets and slather on some more QE, stocks could keep rising (taking away from BTC's safe-haven appeal).

Relevant:
http://www.bloomberg.com/news/2014-12-09/china-s-rate-swaps-surge-most-since-june-2013-as-bonds-tumble.html
http://www.reuters.com/article/2014/12/09/china-debt-regulations-idUSL3N0TT03T20141209

"BTC's safe-haven appeal"
I love newbies.

Ahh the welcoming embrace of online forums!

[Victoo]

This might go down below $300 by the end of December.

[InvestorPerson]

1w chart on stamp looks eerily similar to May 2012. If we follow a similar pattern we will be looking at a 12-24 months of big price increases well above $10k and even as high as $100k.

[adamstgBit]

everyone is overly bearish... pretty sure this means the price is wrong.

[galdur]

everyone is overly bearish... pretty sure this means the price is wrong.

Exactly

[phoenix1]

everyone is overly bearish... pretty sure this means the price is wrong.

You can't argue with the markets ...

[adamstgBit]

everyone is overly bearish... pretty sure this means the price is wrong.

You can't argue with the markets ...

oh but you can, and i am.

[phoenix1]

everyone is overly bearish... pretty sure this means the price is wrong.

You can't argue with the markets ...

oh but you can, and i am.

hehehe  

It's probably easier than arguing with a woman !!

[BlindMayorBitcorn]

NotLambChop called it. That ShroomKit too. Too much cash to be made on the way down. If this thing doesn't seep back down to 270ish I'll be amazed

[ChartBuddy]

Explanation

[Omikifuse]

We were supposed to be testing the 400's again, and now we are back to 350

Why is reality so stubborn?

[BlindMayorBitcorn]

Are we the greater fools that Muppet was on about then? *sigh*