Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 22911.

Wandererfromthenorth

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Activity: 742

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Quote from: inca on February 14, 2015, 05:27:46 PM

Quote from: Wandererfromthenorth on February 14, 2015, 05:22:02 PM

There is not much difference between the $166 bottom and the bottoms before at $340 and $275, the volume measured in USD is similar.
There is no particular reason to think that 166 was the final bottom.

So you said yesterday. Proof?

Of course the only particular reason to think that 166 was the final bottom will be when the downward trendline is broken. That is currently 25$ away by my poor quality 'lines on a chart' TA.

You mean this one?

You probably drew that line in linear scale, never draw trend lines in linear scale, they lead to fakeouts.
Also, breaking that line doesn't mean that the final bottom is in either. The same thing happened in May, it broke the downtrend trend line and price spiked to $680, but eventually made a new low anyway, creating a new downtrend line (the one I posted, currently sitting at $357).

Regarding volume in USD:

"Quote, USD"

^The bottom volume in USD is the same as the $475 megabulltrap.

Same for other exchanges.

Brewins

legendary

Activity: 1120

Merit: 1000

Quote from: razorramon on February 14, 2015, 05:21:14 PM

When i look at the walls i tdoes not look Luke wie will stop at 275

walls can be created and disappear with a click...

billyjoeallen

legendary

Activity: 1106

Merit: 1007

Hide your women

Quote from: tarmi on February 14, 2015, 05:21:47 PM

Quote from: billyjoeallen on February 14, 2015, 05:18:34 PM

Quote from: tarmi on February 14, 2015, 04:54:38 PM

yes, time to dump those coins into billyoje face.

LOL please DO! I want MOAR!!!!

you are a poor bitch, you will not last long.

How do you figure? I got ~$8k in the bank, a sixty coin margin long with a base price of $226, liquidation price under $65, ~15 coins at CB and circle and coins in cold storage. I got a tradable balance of over $33 grand. How can I possibly get wiped out? You gonna dump to $64?

I'm in the catbird seat, so just admit I out-traded you this time. Nobody likes a poor loser.

JorgeStolfi

hero member

Activity: 910

Merit: 1003

Quote from: greenlion on February 14, 2015, 02:29:35 PM

It doesn't work like that, he would just come up with some passive-aggressive way to change the subject to the fact that you're asking, then pose some seemingly innocuous question to the floor, to which he responds with some trolling that's already locked and loaded.

I asked this on another thread, but got no answer:^[1] does anyone know whether the fruits of the Eastern Mistletoe of North America have a sticky pulp, like those of European Mistletoe?

[1] Perhaps because it was a thread where you had to asnwer each question with another question.

inca

legendary

Activity: 1176

Merit: 1000

Quote from: octaft on February 14, 2015, 05:32:13 PM

Quote from: inca on February 14, 2015, 05:27:46 PM

Quote from: Wandererfromthenorth on February 14, 2015, 05:22:02 PM

There is not much difference between the $166 bottom and the bottoms before at $340 and $275, the volume measured in USD is similar.
There is no particular reason to think that 166 was the final bottom.

So you said yesterday. Proof?

Of course the only particular reason to think that 166 was the final bottom will be when the downward trendline is broken. That is currently 25$ away by my poor quality 'lines on a chart' TA.

Didn't you say $350 like 10 posts ago? Huh

It depends how you measure it..I don't pretend to be a technical trader. But when that magic price is hit between 285 and 350 all hell will break loose...

Edit: right..lady duties..

octaft

sr. member

Activity: 476

Merit: 250

Quote from: inca on February 14, 2015, 05:27:46 PM

Quote from: Wandererfromthenorth on February 14, 2015, 05:22:02 PM

There is not much difference between the $166 bottom and the bottoms before at $340 and $275, the volume measured in USD is similar.
There is no particular reason to think that 166 was the final bottom.

So you said yesterday. Proof?

Of course the only particular reason to think that 166 was the final bottom will be when the downward trendline is broken. That is currently 25$ away by my poor quality 'lines on a chart' TA.

Didn't you say $350 like 10 posts ago? Huh

damiano

legendary

Activity: 1246

Merit: 1000

103 days, 21 hours and 10 minutes.

Quote from: Xiaoxiao on February 14, 2015, 04:37:43 PM

The sell orders are starting to stack up on bitstamp and bitfinex.... and it seems to be hitting a brick wall @ 260.

The trend is about to move down again and follow course.

Probably can make it to 290-310 before a fight

inca

legendary

Activity: 1176

Merit: 1000

Quote from: Wandererfromthenorth on February 14, 2015, 05:22:02 PM

There is not much difference between the $166 bottom and the bottoms before at $340 and $275, the volume measured in USD is similar.
There is no particular reason to think that 166 was the final bottom.

So you said yesterday. Proof?

Of course the only particular reason to think that 166 was the final bottom will be when the downward trendline is broken. That is currently 25$ away by my poor quality 'lines on a chart' TA.

DaRude

legendary

Activity: 2833

Merit: 1851

In order to dump coins one must have coins

Quote from: Xiaoxiao on February 14, 2015, 05:03:49 PM

Quote from: D05GTO on February 14, 2015, 04:39:09 PM

Or so you hope. So funny watching all the "Oh BTC dead crowd" go quiet and make dumb comments.

Cheesy

When did I become part of the BTC is dead crowd. I am just saying that it will likely continue to follow the long term trend until we see a real reversal, but its gotta go sideways for a long long time before a reversal of the long term trend.

And what would that real reversal look like?

ssmc2

legendary

Activity: 2002

Merit: 1040

How much time above the downtrend line do we need to spend before these beartrolltards will shut up?

Holderbert

newbie

Activity: 42

Merit: 0

#tothemoon

Wandererfromthenorth

hero member

Activity: 742

Merit: 500

Quote from: shmadz on February 14, 2015, 05:10:18 PM

Quote from: Xiaoxiao on February 14, 2015, 05:03:49 PM

Quote from: D05GTO on February 14, 2015, 04:39:09 PM

Or so you hope. So funny watching all the "Oh BTC dead crowd" go quiet and make dumb comments.

Cheesy

When did I become part of the BTC is dead crowd. I am just saying that it will likely continue to follow the long term trend until we see a real reversal, but its gotta go sideways for a long long time before a reversal of the long term trend.

I thought the high volume low at 166 was the point of the reversal.

So you think we will go lower than 166?

There is not much difference between the $166 bottom and the bottoms before at $340 and $275, the volume measured in USD is similar.
There is no particular reason to think that 166 was the final bottom.

tarmi

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Quote from: billyjoeallen on February 14, 2015, 05:18:34 PM

Quote from: tarmi on February 14, 2015, 04:54:38 PM

yes, time to dump those coins into billyoje face.

LOL please DO! I want MOAR!!!!

you are a poor bitch, you will not last long.

razorramon

full member

Activity: 238

Merit: 100

BILIBIT.IO -1st Decentralized Token in Philippines

When i look at the walls i tdoes not look Luke wie will stop at 275

billyjoeallen

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Activity: 1106

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Hide your women

Quote from: tarmi on February 14, 2015, 04:54:38 PM

yes, time to dump those coins into billyoje face.

LOL please DO! I want MOAR!!!!

inca

legendary

Activity: 1176

Merit: 1000

Quote from: Xiaoxiao on February 14, 2015, 05:03:49 PM

Quote from: D05GTO on February 14, 2015, 04:39:09 PM

Or so you hope. So funny watching all the "Oh BTC dead crowd" go quiet and make dumb comments.

Cheesy

When did I become part of the BTC is dead crowd. I am just saying that it will likely continue to follow the long term trend until we see a real reversal, but its gotta go sideways for a long long time before a reversal of the long term trend.

The long term trend is up. You've been here bearish on btc since 2011 so you probably know that.

If you are referring to the recent bear market then if we breach about 350 then it's over.

JimboToronto

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Activity: 4242

Merit: 5039

You're never too old to think young.

Quote from: shmadz on February 14, 2015, 05:10:18 PM

I thought the high volume low at 166 was the point of the reversal.

Me too.

JimboToronto

legendary

Activity: 4242

Merit: 5039

You're never too old to think young.

Quote from: SnokkomBTC on February 14, 2015, 04:51:45 PM

to the moon!!! Mmmmmmm beer.... Beer...

It's still far too early to talk about the moon but as for beer, I agree. Mmmmmmmm.

I prefer Guinness Extra Stout but there's a Finnish beer that's perfect for bears to drown their sorrows.

shmadz

legendary

Activity: 1512

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@theshmadz

Quote from: Xiaoxiao on February 14, 2015, 05:03:49 PM

Quote from: D05GTO on February 14, 2015, 04:39:09 PM

Or so you hope. So funny watching all the "Oh BTC dead crowd" go quiet and make dumb comments.

Cheesy

When did I become part of the BTC is dead crowd. I am just saying that it will likely continue to follow the long term trend until we see a real reversal, but its gotta go sideways for a long long time before a reversal of the long term trend.

I thought the high volume low at 166 was the point of the reversal.

So you think we will go lower than 166?

Xiaoxiao

legendary

Activity: 1274

Merit: 1000

The Golden Rule Rules

Quote from: D05GTO on February 14, 2015, 04:39:09 PM

Or so you hope. So funny watching all the "Oh BTC dead crowd" go quiet and make dumb comments.

Cheesy

When did I become part of the BTC is dead crowd. I am just saying that it will likely continue to follow the long term trend until we see a real reversal, but its gotta go sideways for a long long time before a reversal of the long term trend.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 22911. (Read 26710732 times)