Bitcoin Forum
December 05, 2016, 08:55:56 PM *
News: To be able to use the next phase of the beta forum software, please ensure that your email address is correct/functional.
 
   Home   Help Search Donate Login Register  
Pages: « 1 ... 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 [532] 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 ... 1189 »
  Print  
Author Topic: Wall Observer - MtGoxUSD wall movement tracker  (Read 1650045 times)
robocoin
Sr. Member
****
Offline Offline

Activity: 252



View Profile
February 16, 2013, 07:07:42 PM
 #10621

naima 53, are this screenshots from the bearporno.avi? Looks interesting.
1480971356
Hero Member
*
Offline Offline

Posts: 1480971356

View Profile Personal Message (Offline)

Ignore
1480971356
Reply with quote  #2

1480971356
Report to moderator
1480971356
Hero Member
*
Offline Offline

Posts: 1480971356

View Profile Personal Message (Offline)

Ignore
1480971356
Reply with quote  #2

1480971356
Report to moderator
1480971356
Hero Member
*
Offline Offline

Posts: 1480971356

View Profile Personal Message (Offline)

Ignore
1480971356
Reply with quote  #2

1480971356
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1480971356
Hero Member
*
Offline Offline

Posts: 1480971356

View Profile Personal Message (Offline)

Ignore
1480971356
Reply with quote  #2

1480971356
Report to moderator
1480971356
Hero Member
*
Offline Offline

Posts: 1480971356

View Profile Personal Message (Offline)

Ignore
1480971356
Reply with quote  #2

1480971356
Report to moderator
humanitee
Hero Member
*****
Offline Offline

Activity: 714



View Profile
February 16, 2013, 07:09:49 PM
 #10622

Kim Dotcom just tweeted that Mega now accepts Bitcoin. I'm sure we can expect one or two more press articles on this next week.

https://twitter.com/KimDotcom/status/302844443223023616

Reddit + Mega. Hell yeah, next week will be nuts!
solex
Legendary
*
Offline Offline

Activity: 1078


100 satoshis -> ISO code


View Profile
February 17, 2013, 01:48:25 AM
 #10623


thefiniteidea, sorry , but I consider the "market cap" to be an artifact or epi-phenomenon of price. Not offering any real support/resistance.

naima53, impressive technical analysis, but sometimes a step back is needed.

Look at the four-hour chart, it is like Table Mountain. How often does a massive bull run end in a table-top formation? Never?
The market is consolidating, but also coiling like a spring, all the moving averages are converging. It is the weekend so perhaps no major action until Monday. A spike up is coming, and it may be the start of another leg, or the final top before exhaustion is reached.

oakpacific
Hero Member
*****
Offline Offline

Activity: 798


View Profile
February 17, 2013, 01:55:56 AM
 #10624

Kim Dotcom just tweeted that Mega now accepts Bitcoin. I'm sure we can expect one or two more press articles on this next week.

https://twitter.com/KimDotcom/status/302844443223023616

Yup, Finally Kim Dotcom could spend his Bitcoins to troll on Reddit! The market is expanding. Grin

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
thefiniteidea
Hero Member
*****
Offline Offline

Activity: 521


"In Us We Trust"


View Profile
February 17, 2013, 04:48:01 AM
 #10625

I don't understand what I'm seeing then...  Huh


solex
Legendary
*
Offline Offline

Activity: 1078


100 satoshis -> ISO code


View Profile
February 17, 2013, 05:06:44 AM
 #10626

I don't understand what I'm seeing then...  Huh

OK. I was thinking of the significance of round numbers on a market cap chart. People do place a lot of long-term orders at prices like $30 etc, but not when the cap approaches $300m etc.

As it happens, all the s/r levels you have highlighted is sound and perhaps BTC is an unusual instrument because the issuance is an arithmetic progression at fixed time intervals. I don't believe anything else works like that. So this market cap chart certainly can't be ignored for s/r.

thefiniteidea
Hero Member
*****
Offline Offline

Activity: 521


"In Us We Trust"


View Profile
February 17, 2013, 05:15:47 AM
 #10627

Yay! No tomatoes!!  Cheesy

naima53
Hero Member
*****
Offline Offline

Activity: 616



View Profile
February 17, 2013, 07:10:52 AM
 #10628

naima 53, are this screenshots from the bearporno.avi? Looks interesting.
Cheesy

thefiniteidea, sorry , but I consider the "market cap" to be an artifact or epi-phenomenon of price. Not offering any real support/resistance.

naima53, impressive technical analysis, but sometimes a step back is needed.

Look at the four-hour chart, it is like Table Mountain. How often does a massive bull run end in a table-top formation? Never?
The market is consolidating, but also coiling like a spring, all the moving averages are converging. It is the weekend so perhaps no major action until Monday. A spike up is coming, and it may be the start of another leg, or the final top before exhaustion is reached.

The previous correction (bear porn) showed strong bull IMHO. But we need a long consolidation IMHO.

Or bulls must have a lot of fiat currency. (just a big risk) Personally, I will wait, in which direction the market will turn. And it would encourage the big players in deception, or provocation. Could be a trick of the major players.

Donate me) 16f6iWHHkVEnDReeBQPT9GwCNwUfPTXrp2
oakpacific
Hero Member
*****
Offline Offline

Activity: 798


View Profile
February 17, 2013, 09:03:16 AM
 #10629

OK, let me give my analysis: Price stops moving=nobody wants to buy/sell=nobody is using/wants to use Bitcoins, so it's a bearish signal, SELL!! Grin

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
Herodes
Hero Member
*****
Offline Offline

Activity: 868


View Profile
February 17, 2013, 09:07:20 AM
 #10630

OK, let me give my analysis: Price stops moving=nobody wants to buy/sell=nobody is using/wants to use Bitcoins, so it's a bearish signal, SELL!! Grin

LOL  - or it's just sunday. Wink

Edit: And just a question, what is the rationale behind trying to keep the price artifically high ? At the moment, the wall at 7.15 is being eroded, and some bot or person is buying for 0.01 at the highest ask.

Apart from being a bull and wanting the price to look higher than it actually is, what would be the advantage ?
solex
Legendary
*
Offline Offline

Activity: 1078


100 satoshis -> ISO code


View Profile
February 17, 2013, 09:38:03 AM
 #10631

OK, let me give my analysis: Price stops moving=nobody wants to buy/sell=nobody is using/wants to use Bitcoins, so it's a bearish signal, SELL!! Grin

LOL  - or it's just sunday. Wink

Edit: And just a question, what is the rationale behind trying to keep the price artifically high ? At the moment, the wall at 7.15 is being eroded, and some bot or person is buying for 0.01 at the highest ask.

Apart from being a bull and wanting the price to look higher than it actually is, what would be the advantage ?

It might be an attempt to spark a surge in momentum, becoming self-fulfilling by being seen and attracting increasing numbers of buyers. Probably a futile exercise. One thing about markets is that they take all the time they want to consolidate before deciding where the trend goes.

Herodes
Hero Member
*****
Offline Offline

Activity: 868


View Profile
February 17, 2013, 09:40:59 AM
 #10632

6K backing at 27 now. Seems like more people are interested in keeping the price up.
oakpacific
Hero Member
*****
Offline Offline

Activity: 798


View Profile
February 17, 2013, 10:06:36 AM
 #10633

OK, let me give my analysis: Price stops moving=nobody wants to buy/sell=nobody is using/wants to use Bitcoins, so it's a bearish signal, SELL!! Grin

LOL  - or it's just sunday. Wink

Edit: And just a question, what is the rationale behind trying to keep the price artifically high ? At the moment, the wall at 7.15 is being eroded, and some bot or person is buying for 0.01 at the highest ask.

Apart from being a bull and wanting the price to look higher than it actually is, what would be the advantage ?

It may just be that no one wants to be the first, bulls or bears. Bears apparently got scared by the Thursday trap, and bulls are suspicious whether the rally could continue, so they just lay up high walls and play defense.

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
Liquid
Hero Member
*****
Offline Offline

Activity: 742


Bitcoin - The Future Is Now


View Profile
February 17, 2013, 12:07:03 PM
 #10634


Lifetime Member of the Bitcoin Foundation | Member of the Bitcoin Association of Australia
Technomage
Legendary
*
Offline Offline

Activity: 1610


Affordable Physical Bitcoins - Denarium.com


View Profile WWW
February 17, 2013, 12:14:45 PM
 #10635

I think it's likely that we will see the all time high broken next week. Kim Dotcom finally promoting Bitcoin is even bigger than the Reddit news, since he is such a high profile guy. I believe a fuckton of new money is coming in. Any corrections now will likely be very short lived.

Denarium - Leading Physical Bitcoin Manufacturer - Special Xmas deals now live!
thoughtfan
Hero Member
*****
Offline Offline

Activity: 546

thoughtfanwritesstuff.wordpress.com


View Profile WWW
February 17, 2013, 12:21:58 PM
 #10636

I think it's likely that we will see the all time high broken next week. Kim Dotcom finally promoting Bitcoin is even bigger than the Reddit news, since he is such a high profile guy. I believe a fuckton of new money is coming in. Any corrections now will likely be very short lived.
I would tend to agree but it's fun watching it going the other way right now Smiley  With the $27 bid wall that was there for best part of the last 24 hrs gone I think those wanting to buy are pulling back waiting and hoping it goes lower to get back in.  There seems to be enough people here believing there's a significant correction coming to let it fall for now.  How far before a significant chunk goes 'OK, it may go lower but I don't care.  I'm buying back in now?' nobody knows but when it does obviously it will halt the drop.

If you have a machine on 24/7 why not have a full Bitcoin client running on it to support the network?
Technomage
Legendary
*
Offline Offline

Activity: 1610


Affordable Physical Bitcoins - Denarium.com


View Profile WWW
February 17, 2013, 12:23:51 PM
 #10637

Indeed. It's actually a blessing for all the people buying next week. If it goes down a bit now, that is.

Denarium - Leading Physical Bitcoin Manufacturer - Special Xmas deals now live!
Liquid
Hero Member
*****
Offline Offline

Activity: 742


Bitcoin - The Future Is Now


View Profile
February 17, 2013, 12:52:44 PM
 #10638



Lifetime Member of the Bitcoin Foundation | Member of the Bitcoin Association of Australia
Ente
Legendary
*
Offline Offline

Activity: 1834



View Profile
February 17, 2013, 01:28:49 PM
 #10639

Rebounce? Like a boss!

Indeed, exciting times! Next week will be no-sleep-week :-)

Ente
Beta-coiner1
Hero Member
*****
Offline Offline

Activity: 518


View Profile
February 17, 2013, 02:49:50 PM
 #10640

I am not so sure but I'm thinking the price will recede somewhat.I definitely think BTC is overvalued.

If you believe this post has helped,please donate-

1JfwAiV8WbT9HtmQVvnkJ6KwUy9gLjzxdK
Pages: « 1 ... 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 [532] 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 ... 1189 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!