That chart is an illusion though.
https://blockchain.info/charts/estimated-transaction-volume-usd?timespan=all&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=
Transaction volume measured in USD has stagnated.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 22420. (Read 26608843 times)
March 17, 2015, 12:51:09 PM
March 17, 2015, 12:49:53 PM
I was traveling for work since March 09. Eight days without hearing, reading, writing or saying the word "bitcoin". Logged back in today March/17 at about 14:00 UTC. I see that the price hasn't changed much, has it? 
March 17, 2015, 12:48:24 PM
I think we will go down to about 265-270 but not 250... going down to 250 would be pretty bearish
I prefer to play the long game and except for really extreme market movements I will just accumulate until the next halving.
Edit: right enough bitcoin watching, real life beckons..come on bears!
March 17, 2015, 12:45:55 PM
I think we will go down to about 260-265 but not 250... going down to 250 would be pretty bearish
March 17, 2015, 12:42:14 PM
Everything points towards the dump. Probably into the 250$ range once again, sigh.
I don't see it this way. The news in the bitcoin world are positive and promising. There's also a decent amount of confidence in the price since we broke the downtrend.
March 17, 2015, 12:39:00 PM
You think we will go below 250?
Wouldn't surprise me. The log downtrend line is falling rapidly. We just have to float here and we will break it in the next few months.
Meanwhile heavy selling pressure has gone. And transactions are..
Whilst people say bitcoin isn't gaining ground (and breaking through the penultimate ATH was a hit no doubt) google trends show steady growth..
Short term predictions of market movements is a mug's game. But with companies dumping 100,000,000 dollars into stealth startups and US banks forming bitcoin alliances, former JPM commodities managers entering the space, US regulated exchanges coming on board - +/- ETF along with a halving next year, I see no reason to abandon ship. I think we have at least one last bubble left and bitcoin is cheap here.
Just over 20,000 people worldwide buying 5 coins a month can swallow the entire mining supply even now. When the next halving happens do you think there will be more or less people buying bitcoin?
March 17, 2015, 12:36:33 PM
Everything points towards the dump. Probably into the 250$ range once again, sigh.
March 17, 2015, 12:31:56 PM
I don't sell anymore, I will only buy under 300$ and hold.
March 17, 2015, 12:29:05 PM
First chart prediction for a while*:
*especially for you dump3r.
*especially for you dump3r.
You think we will go below 250?
March 17, 2015, 12:26:46 PM
ha, where is this image from? seems great minds think alike
https://bitcointalksearch.org/topic/m.10736015
March 17, 2015, 12:07:36 PM
These positive posts in the middle of all this FUD are sweet sugar on my sundae, man! I also think that the outlook is still very bringt. It's only natural for the market to be cautious and a little frightened after 15 months of huge red candles.
Exactly! Just ignore the h8rs. It';s all gonna work out, it always does!
March 17, 2015, 12:05:51 PM
I can see my favourite pattern form again, you know the double-bottom W-pattern. Guess it'll be 2 more hours or so and we'll go back over $290 after revisiting $286
Just to keep you guys posted: We're still perfectly on track for this to play out very very nicely! I love how this pattern never fails me. It won't this time, either.
March 17, 2015, 12:04:45 PM
These positive posts in the middle of all this FUD are sweet sugar on my sundae, man! I also think that the outlook is still very bringt. It's only natural for the market to be cautious and a little frightened after 15 months of huge red candles.
March 17, 2015, 11:59:45 AM
First chart prediction for a while*:
*especially for you dump3r.
*especially for you dump3r.
March 17, 2015, 11:59:04 AM
March 17, 2015, 11:57:22 AM
...
Or just ban the IP addressNotLambChop/Silverspoon/newbiejailnoplz is using 
Or just ban the IP address
You Bitcoiners should lrn how to work computers. Welcome to the interweb!
March 17, 2015, 11:55:17 AM
Price down 1% and some brandnew trolls are already out handling their biz.
Fascniating, isn't it
Fascniating, isn't it
The fucking trolls are awful today.
Newbie Jail/Executions pls
LOL
March 17, 2015, 11:54:22 AM
Our internal indicators are flashing. Guess I would be buying right now.
March 17, 2015, 11:51:23 AM
Price down 1% and some brandnew trolls are already out handling their biz.
Fascniating, isn't it
Fascniating, isn't it
The fucking trolls are awful today.
Newbie Jail/Executions pls
Or just ban the IP address
March 17, 2015, 11:50:26 AM
Good morning Bitcoinland. Happy St. Patty's Day.
Nothing new today so far.
Price dips $3 and its a trollfest around here. It seems to take less and less each time but $3?
The bears are getting more and more desperate.
Nothing new today so far.
Price dips $3 and its a trollfest around here. It seems to take less and less each time but $3?
The bears are getting more and more desperate.
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