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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 27603. (Read 26718069 times)

full member
Activity: 238
Merit: 100
See you guys @ 600 tomorrow Cheesy
hero member
Activity: 672
Merit: 500
Here's a tip for those people who keep dumping around 600. If you don't dump the price will go up and your coins will be worth more. Crazy rocket science, i know.
hero member
Activity: 574
Merit: 500
Im sorry but i think 600 is for tommorow guys

Not enough rocket juice left for today Sad

1 more sleeps and I think she is apples Cheesy
legendary
Activity: 1512
Merit: 1000
@theshmadz
594... get ready!

Not saying I told...

Yeah, screw it, Im telling you I told you so.

You're like Neil Armstrong blowing his trumpet...no wait... Wink

*smile*
hero member
Activity: 715
Merit: 500
Did that wall at 591 get eaten or pulled? I missed it...

EDIT: Nevermind, it obviously got eaten... volume at 2k for the hour.
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
Into the $590s... I wasn't expecting that to happen tonight at all  Grin
full member
Activity: 182
Merit: 100
My money is on 600 getting tested tonight.
legendary
Activity: 1512
Merit: 1000
@theshmadz

is it just me? or does it feel like the contractions are coming closer and closer?
legendary
Activity: 1025
Merit: 1000
Willy must have been turned back on! Thanks, Mark!

Are you saying Mark's got his Willy out?  Cheesy
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 350
Merit: 253
Willy must have been turned back on! Thanks, Mark!
legendary
Activity: 2156
Merit: 1070
594... get ready!

Not saying I told...

Yeah, screw it, Im telling you I told you so.
hero member
Activity: 715
Merit: 500
And the gates are open!
full member
Activity: 182
Merit: 100
legendary
Activity: 1146
Merit: 1000
This is the breakout to 1k!! weeeeeeee
full member
Activity: 182
Merit: 100
hero member
Activity: 574
Merit: 500
There is an alternative theory for Willy, saying that it's a special API for whales.

In case anyone cares, the Willy Report got coverage in Chinese e-media today (which is alread Tue May/27 in China)

比特币去年年末暴涨,是因为机器人交易?
[GT]Bitcoin skyrocketed late last year , because the robot trading ?[/GT]
2014-05-27 08:32:59 Source: ZDNet
http://tech.163.com/14/0527/08/9T85SOTU000915BF.html

There seem to be an interesting article in the Atlantic Monthly about the future of digital payments in general, many Chinese sources are copying it.

If I understand correctly this camera review article, even consumer video cameras are being infected with bitcoin mining viruses:
http://www.qianjia.com/html/2014-05/27_231277.html
商用网络摄像机,你往何处去
[GT]Commercial network cameras, you where to go[/GT]
Quote
[ ... ] 有安全研究人员发现,国内某知名安防企业的数字硬盘录像机存在安全问题,作为用于存储摄像头视频数据的设备,由于弱口令而被感染了病毒。此外,设备还被安装了比特币挖矿程序。显然这个病毒是专门针对目前的ARMLinux设备,那目前国内的同类型系统都涉及到这个风险。
[ ... ]Security researchers have found that there is a well-known domestic enterprises security DVR security issues, as the camera equipment used to store video data , due to the weak passwords have been infected with a virus . In addition , the device also bitcoin mining program installed. Obviously, this virus is specifically targeted at the ARMLinux equipment , the same type that the current domestic system are related to this risk.

Today's Chinese lesson:

暗黑币 = Ànhēi Bì = Dark Coin

(Its recent 15-fold price rally got some attention in Chinese e-news today.)

Did I order a second serve of your steaming pile of FUD with bullshit sauce ...I dont think so

Please take it back to the kitchen & i wont be paying for it
legendary
Activity: 2156
Merit: 1070
For all this "we are overbought and must pullback" talk, the truth is that we are consolidating at highs. Historically this is bullish about 95% of the time.

Breaking 600 is a huge psychological deal, so the fact that we are consolidating at 585, just as we did at 495, is no surprise.

One thing we should all remember, is that when the bitcoin trend is up, it is VERY easy to underestimate how far it can go, and how little "overbought" really means in a bull trend.

This is a good point. However, for a rally to start and continue at this pace fresh out of a 5 month down trend would be new.

I'm not saying we are going to 710 this week. I think we are getting close to a major pullback.

But looking at the tea leaves, I think 600+ is much more likely to be seen before 550-560.  Its going to take a lot to get through 600, but consolidating at 585 is like rallying the troops.
hero member
Activity: 715
Merit: 500
For all this "we are overbought and must pullback" talk, the truth is that we are consolidating at highs. Historically this is bullish about 95% of the time.

Breaking 600 is a huge psychological deal, so the fact that we are consolidating at 585, just as we did at 495, is no surprise.

One thing we should all remember, is that when the bitcoin trend is up, it is VERY easy to underestimate how far it can go, and how little "overbought" really means in a bull trend.

This is a good point. However, for a rally to start and continue at this pace fresh out of a 5 month down trend would be new.
legendary
Activity: 1512
Merit: 1000
@theshmadz
For all this "we are overbought and must pullback" talk, the truth is that we are consolidating at highs. Historically this is bullish about 95% of the time.

Breaking 600 is a huge psychological deal, so the fact that we are consolidating at 585, just as we did at 495, is no surprise.

One thing we should all remember, is that when the bitcoin trend is up, it is VERY easy to underestimate how far it can go, and how little "overbought" really means in a bull trend.

I don't always agree with windy, but when I do, I agree that upticks without significant pullbacks is incredibly bullish.

*edit, forgot a word there*
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