Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21948.

Norway

sr. member

Activity: 406

Merit: 251

Quote from: Dilla on April 21, 2015, 10:31:35 AM

Quote from: damiano on April 21, 2015, 10:01:39 AM

Quote from: macsga on April 21, 2015, 07:18:44 AM

I don't believe in TA's but things are not necessarily bearish in my opinion. As predicted earlier in this thread (also visible on the chart) May's the time. Not long before we see some real action; do you really think that we're going down after 1 year of decline? The way I see it, bears are running out of time... buy now or get burnt. Cool

To me it seems like they are stalling. Either way this spring has been coiling for almost a week now and the price is going to explode one way or another.

I think something is stalling the price and keeping it down for Gemini/etf/bitlicense.

I think some high level players are stalling the price too, while preparing and getting into position...

micalith

hero member

Activity: 894

Merit: 501

Quote from: damiano on April 21, 2015, 10:22:18 AM

Quote from: molecular on April 21, 2015, 10:20:03 AM

Quote from: damiano on April 21, 2015, 10:15:31 AM

mmmhmm some heavy dumping action on furutres right now

futures? which ones? where?

okcoin

weekly / bi-weekly / quarterly

https://cryptowat.ch/okcoin/btcusd-quarterly-futures/3min

If you zoom out a bit it's all red as well. It doesn't look like much, but when you factor in these contracts at 20x they are worth a ton especially if the market were to move a few dollars let alone 10+ Wink

and then they pumped back up again. blip?

Dilla

hero member

Activity: 588

Merit: 500

Quote from: damiano on April 21, 2015, 10:01:39 AM

Quote from: macsga on April 21, 2015, 07:18:44 AM

I don't believe in TA's but things are not necessarily bearish in my opinion. As predicted earlier in this thread (also visible on the chart) May's the time. Not long before we see some real action; do you really think that we're going down after 1 year of decline? The way I see it, bears are running out of time... buy now or get burnt. Cool

To me it seems like they are stalling. Either way this spring has been coiling for almost a week now and the price is going to explode one way or another.

I think something is stalling the price and keeping it down for Gemini/etf/bitlicense.

damiano

legendary

Activity: 1246

Merit: 1000

103 days, 21 hours and 10 minutes.

Quote from: molecular on April 21, 2015, 10:20:03 AM

Quote from: damiano on April 21, 2015, 10:15:31 AM

mmmhmm some heavy dumping action on furutres right now

futures? which ones? where?

okcoin

weekly / bi-weekly / quarterly

https://cryptowat.ch/okcoin/btcusd-quarterly-futures/3min

If you zoom out a bit it's all red as well. It doesn't look like much, but when you factor in these contracts at 20x they are worth a ton especially if the market were to move a few dollars let alone 10+ Wink

molecular

donator

Activity: 2772

Merit: 1019

Quote from: damiano on April 21, 2015, 10:15:31 AM

mmmhmm some heavy dumping action on furutres right now

futures? which ones? where?

damiano

legendary

Activity: 1246

Merit: 1000

103 days, 21 hours and 10 minutes.

mmmhmm some heavy dumping action on furutres right now

damiano

legendary

Activity: 1246

Merit: 1000

103 days, 21 hours and 10 minutes.

Quote from: macsga on April 21, 2015, 07:18:44 AM

I don't believe in TA's but things are not necessarily bearish in my opinion. As predicted earlier in this thread (also visible on the chart) May's the time. Not long before we see some real action; do you really think that we're going down after 1 year of decline? The way I see it, bears are running out of time... buy now or get burnt. Cool

To me it seems like they are stalling. Either way this spring has been coiling for almost a week now and the price is going to explode one way or another.

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Coin

Explanation

JorgeStolfi

hero member

Activity: 910

Merit: 1003

Quote from: Fatman3001 on April 21, 2015, 08:16:47 AM

Volume thus far today on Bitstamp: 2617, Bitfinex: 6949, BTC-E: 4797 ?!?!

When did BTC-E become twice as big as Bitstamp?

When is the Russian ban coming into effect? (IIRC, it will be sometime in Q3; if so, that seems unlikely to be the cause...)

macsga

legendary

Activity: 1484

Merit: 1002

Strange, yet attractive.

Quote from: Tzupy on April 21, 2015, 07:52:45 AM

Quote from: macsga on April 21, 2015, 07:18:44 AM

...The way I see it, bears are running out of time... buy now or get burnt. Cool

No, bears aren't running out of time. Even if THE bottom was 3 months ago, considering that the market moves slowly, there should be another 1 - 2 months of relatively low prices.
So "buy now OR get burnt" may turn into "buy now AND get burned", in the bearish scenario. In the bullish one, plenty of time to buy, mega-rally only after the block halving in 2016.

You're right; eventually bears or bulls we're all here for the same reason. More BTCs. I agree that mid 2016 will be a nice time for a mega-rally. I strongly believe though, that the next "bubble" will come earlier. I've once predicted that it'd happen at about this time (April 2015). I later changed my prediction to last August (was awfully wrong). My first call was in something that I had in mind back then - the MtGox salvation. I believed back then that it would've been the most prominent catalyst towards a great rally. Now I don't think so...

Seems that I was wrong at both of my predictions. Tough luck, I suppose. Undecided

becoin

legendary

Activity: 3431

Merit: 1233

Quote from: DutchTrades on April 21, 2015, 08:36:59 AM

and will only sell (a part of) my coins at at least $500

If you sell part of your coins at $500 then you'll sell the rest at $1000 or $1200. Then at $1500 or $2000 you'll hate bitcoin. I've seen this happening in the past with lots of bitcoin fans at lower price levels.

Torque

legendary

Activity: 3780

Merit: 5429

Quote from: Tzupy on April 21, 2015, 07:52:45 AM

Quote from: macsga on April 21, 2015, 07:18:44 AM

...The way I see it, bears are running out of time... buy now or get burnt. Cool

No, bears aren't running out of time. Even if THE bottom was 3 months ago, considering that the market moves slowly, there should be another 1 - 2 months of relatively low prices.
So "buy now OR get burnt" may turn into "buy now AND get burned", in the bearish scenario. In the bullish one, plenty of time to buy, mega-rally only after the block halving in 2016.

Repeat after me:

There. Will. Be. No. Rally. Until. Major. Market. Maker. Money. Suddenly. Appears. Out. Of. Nowhere. And. Bids. Pile. Up. To. The. Fkn. Moon.

Otherwise, nothing but a few guppies splashing around. And still constant downward pressure from mining.

Fatman3001

legendary

Activity: 1554

Merit: 1014

Make Bitcoin glow with ENIAC

Quote from: derpinheimer on April 21, 2015, 09:00:06 AM

Quote from: Fatman3001 on April 21, 2015, 08:16:47 AM

Volume thus far today on Bitstamp: 2617, Bitfinex: 6949, BTC-E: 4797 ?!?!

When did BTC-E become twice as big as Bitstamp?

After they got hacked

Yeez, well I guess it's good for BTC-E. The shadiest of the bunch is also the safest. Who knew?

derpinheimer

legendary

Activity: 896

Merit: 1000

Quote from: Fatman3001 on April 21, 2015, 08:16:47 AM

Volume thus far today on Bitstamp: 2617, Bitfinex: 6949, BTC-E: 4797 ?!?!

When did BTC-E become twice as big as Bitstamp?

After they got hacked

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Coin

Explanation

pinky

hero member

Activity: 538

Merit: 500

Quote from: DutchTrades on April 21, 2015, 08:36:59 AM

Bitcoin will get a rise again, if not tomorrow, next month or next year.

Invested 1/4th of my physycal savings, and will only sell (a part of) my coins at at least $500

The idea and the technology behind Bitcoin is just too interesting for me.

You are quite conservative for bitcoin land.

DutchTrades

sr. member

Activity: 336

Merit: 250

Bitcoin will get a rise again, if not tomorrow, next month or next year.

Invested 1/4th of my physycal savings, and will only sell (a part of) my coins at at least $500

The idea and the technology behind Bitcoin is just too interesting for me.

Fatman3001

legendary

Activity: 1554

Merit: 1014

Make Bitcoin glow with ENIAC

Volume thus far today on Bitstamp: 2617, Bitfinex: 6949, BTC-E: 4797 ?!?!

When did BTC-E become twice as big as Bitstamp?

Nas

full member

Activity: 167

Merit: 100

Very bullish for short-term. Buy now, sell at 240-250$ range.

minerpumpkin

hero member

Activity: 686

Merit: 500

A pumpkin mines 27 hours a night

Quote from: Tzupy on April 21, 2015, 07:52:45 AM

Quote from: macsga on April 21, 2015, 07:18:44 AM

...The way I see it, bears are running out of time... buy now or get burnt. Cool

No, bears aren't running out of time. Even if THE bottom was 3 months ago, considering that the market moves slowly, there should be another 1 - 2 months of relatively low prices.
So "buy now OR get burnt" may turn into "buy now AND get burned", in the bearish scenario. In the bullish one, plenty of time to buy, mega-rally only after the block halving in 2016.

Unfortunately I agree. I think the mythical 3600 new coins every day are overrated, yet they do create selling pressure. And without a confirmation of the opposite, I fear that we're still very much in the bear market. And no movement translates to: breaking down at some point. I was able to watch the markets only from time to time over the last 2 months but looking at the charts from a distance tells me that there's still a lot of fear involved!

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