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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31733. (Read 26711550 times)

legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
there is a momentum surge to the upside awaiting , i can see it at the horizon

trying to poke through that $780!
full member
Activity: 183
Merit: 101
there is a momentum surge to the upside awaiting , i can see it at the horizon
hero member
Activity: 728
Merit: 500
If you were to combine the order books of all of the major exchanges, you would now get a bid of about 100 million USD.  Shocked
full member
Activity: 238
Merit: 100
Here's my highly scientific trollish two cents from paint

sr. member
Activity: 378
Merit: 255
Yes they're just speculations.

This is bitcoin.

The minute you think you know something, you don't.


You can check my track record.  When I said we would never hit double digits again, we never have.  When I said we would never see the 100s again, we never have.  Now I'm saying we'll never see the $200s again.

I don't make exact predictions but wide guidelines and not randomly but because I understand logarithms and populations and game theory.  I don't think you really understand what it would take to see $200 again.  Or to drop below $1500 if we ever got to $2200.  Once we actually GOT to $2200, it would make $1500 very difficult if bitcoin is ultimately adopted.

Now if it fails, all bets are off...  But then none of us will care anymore because the mining block will be stuck forever and you won't be able to move any coins around.
legendary
Activity: 1458
Merit: 1006
We have added $3.5 billion in market cap this week.  No other week compares from this perspective.
You're thinking linearly.

I love it when people get it  Grin

*nods in agreement*

legendary
Activity: 1470
Merit: 1007
It's 1800 to 500. The 500 is due to huge whale dumpers, stop loss orders, liquidation, panic etc and lasts only very briefly before shooting back up and then stabilizing at $1000.

We haven't even seen a whale dump yet - that was just a correction because it went to 900 too fast.

Remember 100k dumps?

Or china could pull out. There could be bad news. Everyone is holding an enormous profit right now. There are 12 million coins.

Anything is possible.

Actually, no. Do you?

The largest I could find was a ~50k dump on the afternoon of April 10.

Preceded, by a few hours, by a ~50k buy Cheesy
full member
Activity: 126
Merit: 100
Its not a cup and handle formation. Cup and handles are specifically supposed to be U shaped and not V shaped.
lets make up a new term.

call it, V shaped TA trap.

What's on the top right... a red-giant star about to go supernova!?

Or its a pinota and 200,000 bitcoins fall out.
that would be nice.

but their no need, fundamentals are so strong that bitcoin always has an upward drift even on low volume.

freaking out yet?

wait till i start a count down.

My concern is that (besides the normal consideration of a 7 week+ long period to describe a cup-and-handle setup) the weakened V-shape, weak volume, lack of volatility, and slipping trend may turn this into a bull trap if it doesn't break through the resistance at $778 that Yoya carefully pointed out.





She's Bitcoin I take it? Fuck I hope we bust through the $787 barrier.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
full member
Activity: 238
Merit: 100
What once was heavy resistance on Stamp, now is healthy support ($750).

I'm sorry for the grey bearded old-timers who live in fear of the ghost of 2011, but I think it's already proven that 2013 is no 2011.

This was for Blitz =) Old-timers do often live in fear and in past, what a cruel place world has been for them... "You will learn son, you will learn" =D
maz
full member
Activity: 140
Merit: 100
What about the weekend dip? Or will it be a weekend crash?

http://www.reddit.com/r/BitcoinMarkets/comments/1qqkyp/what_usually_happens_on_weekends/

To quote from the above reddit:

[–]friction_is_a_lie
Here are the charts for the last 10 weekends if anyone is interested.

http://imgur.com/a/5tCZD

    Significant growth: 5
    Minimal change: 2
    Slight "dip": 2
    Significant "dip": 1

maz
full member
Activity: 140
Merit: 100
What about the weekend dip? Or will it be a weekend crash?

There was a good post on reddit about that a while ago. It's kind of a myth.
legendary
Activity: 861
Merit: 1010
What is the explanation for Stamp catching up Gox price?
Kj1
sr. member
Activity: 434
Merit: 250
What about the weekend dip? Or will it be a weekend crash?
That is so last week
sr. member
Activity: 476
Merit: 250
We have added $3.5 billion in market cap this week.  No other week compares from this perspective.
You're thinking linearly.

Yes I am.  And it has served me very well.
hero member
Activity: 504
Merit: 500
What about the weekend dip? Or will it be a weekend crash?
legendary
Activity: 1400
Merit: 1013
We have added $3.5 billion in market cap this week.  No other week compares from this perspective.
You're thinking linearly.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Its not a cup and handle formation. Cup and handles are specifically supposed to be U shaped and not V shaped.
lets make up a new term.

call it, V shaped TA trap.

What's on the top right... a red-giant star about to go supernova!?

Or its a pinota and 200,000 bitcoins fall out.
that would be nice.

but their no need, fundamentals are so strong that bitcoin always has an upward drift even on low volume.

freaking out yet?

wait till i start a count down.

My concern is that (besides the normal consideration of a 7 week+ long period to describe a cup-and-handle setup) the weakened V-shape, weak volume, lack of volatility, and slipping trend may turn this into a bull trap if it doesn't break through the resistance at $778 that Yoya carefully pointed out.



hero member
Activity: 809
Merit: 501
Always verify deals with me through my public key!
Just 780BTC to break the resistance...so close, just one trade.
newbie
Activity: 14
Merit: 0
it's gone up to 779 on gox now
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