Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 23219. (Read 26709486 times)
January 26, 2015, 05:43:19 PM
the bitcoin song gave me douchechills
January 26, 2015, 05:42:53 PM
That only applies if we didn't experience a final bottom. your chart assumes its a bear market always.
That is NOT the short squeeze. It's the stutter step (the fake out) BEFORE the short squeeze. Volume tells the story. We're going to $350, but I dunno how far down we're going first.
Nobody is more aware than me how dangerous it is to be short right now, but we're still up over 27% in the last week and I think there will be more of a correction first. volume right now still shows more resistance than support.
January 26, 2015, 05:42:22 PM
spooderman is going to post something profound shortly.
January 26, 2015, 05:39:07 PM
Wish me luck fellas!
Did something most of you didn't !
Did something most of you didn't !
What's that?
Went outside for some fresh air?
January 26, 2015, 05:37:16 PM
Wish me luck fellas!
Did something most of you didn't !
Did something most of you didn't !
What's that?
January 26, 2015, 05:36:57 PM
True enough. I'm in a similar position. The only reason I'm margin short right now is so that I'll have the ability to buy more when and if it drops, but that means no sleep tonight. No fucking way I'm sleeping margin short. There could easily be surprises in either direction, but the downside looks much more likely.
you wtf?!
BJA ... how far have you fallen kid?
Hey, you know I'm always net long (if you count cold storage), but I need ammo to defend the bottom. I don't think it's an organic market, so I'm trying to take a little power away from the people that control it.
We're seeing some volume here and I'm getting a little nervous. There will be a short squeeze sometime this month and I'm not gonna be short when it happens. I got my finger on the trigger to close my position if it gets close to my base price, but we're some distance from that.
January 26, 2015, 05:32:24 PM
25% up today? Is that possible?
January 26, 2015, 05:28:12 PM
that only applies if we didn't experience a final bottom. your chart assumes its a bear market always.
January 26, 2015, 05:26:30 PM
January 26, 2015, 05:26:08 PM
True enough. I'm in a similar position. The only reason I'm margin short right now is so that I'll have the ability to buy more when and if it drops, but that means no sleep tonight. No fucking way I'm sleeping margin short. There could easily be surprises in either direction, but the downside looks much more likely.
you wtf?!
BJA ... how far have you fallen kid?
January 26, 2015, 05:25:11 PM
That graph looks like Satan and they are still buying. I'm pretty fascinated by it. It shows the delusion...
Only small fry are buying, unless it's someone sneaky making lots of little buys. Being able to see the volume is a huge advantage to bitcoin trading.
Looking at the order book, I figure it would only take a 3k BTC dump on three exchanges to start a Chinese stampede for the exits. That's a heluva return on your money.
How low will it go? Anyone besides me have any fiat powder left?
Not enough to change the tide, enough to help my stash, though - a few thousand $ - not nearly market changing.
A whale or two spotting a soft target easily makes everyone (posting) here pretty irrelevant. Be nice if Coinbase beefs up the market - but it looks way off yet, and may only mean money moving from (say) Stamp. New participating fiat would be very nice, but a rally will bring it in, not Coinbase.
True enough. I'm in a similar position. The only reason I'm margin short right now is so that I'll have the ability to buy more when and if it drops, but that means no sleep tonight. No fucking way I'm sleeping margin short. There could easily be surprises in either direction, but the downside looks much more likely.
Fortunately I am on GMT, so I won't lose a lot of sleep waiting a few hours.
January 26, 2015, 05:18:43 PM
It is a bear trap.
Corrective wave on larger scale. Why? Elementary basics from here http://www.elliottwave.net/educational/basictenets/basics1.htm
See for yourself.
*Gulp*
Corrective wave on larger scale. Why? Elementary basics from here http://www.elliottwave.net/educational/basictenets/basics1.htm
See for yourself.
*Gulp*
January 26, 2015, 05:18:21 PM
Wish me luck fellas!
Did something most of you didn't !
Did something most of you didn't !
January 26, 2015, 05:16:00 PM
Could it finally be a legit beartrap or not? Starting to believe that they are ceased to exist in the btc market.
January 26, 2015, 05:07:53 PM
Please note! If Current daily candle will be shooting star - there is a high chance price will revisit $100
DOOM.
China bought the fuck out of bitcoin last night.
China no longer leads the market. They just follow the crowd. what they do is give momentum to whatever direction the market is going. They are cattle and the real battle is between the rustlers and the cowboys.
January 26, 2015, 05:05:58 PM
That graph looks like Satan and they are still buying. I'm pretty fascinated by it. It shows the delusion...
Only small fry are buying, unless it's someone sneaky making lots of little buys. Being able to see the volume is a huge advantage to bitcoin trading.
Looking at the order book, I figure it would only take a 3k BTC dump on three exchanges to start a Chinese stampede for the exits. That's a heluva return on your money.
How low will it go? Anyone besides me have any fiat powder left?
Not enough to change the tide, enough to help my stash, though - a few thousand $ - not nearly market changing.
A whale or two spotting a soft target easily makes everyone (posting) here pretty irrelevant. Be nice if Coinbase beefs up the market - but it looks way off yet, and may only mean money moving from (say) Stamp. New participating fiat would be very nice, but a rally will bring it in, not Coinbase.
True enough. I'm in a similar position. The only reason I'm margin short right now is so that I'll have the ability to buy more when and if it drops, but that means no sleep tonight. No fucking way I'm sleeping margin short. There could easily be surprises in either direction, but the downside looks much more likely.
January 26, 2015, 05:04:45 PM
Please note! If Current daily candle will be shooting star - there is a high chance price will revisit $100
DOOM.
China bought the fuck out of bitcoin last night.
January 26, 2015, 05:03:49 PM
Please note! If Current daily candle will be shooting star - there is a high chance price will revisit $100
DOOM.
January 26, 2015, 05:03:30 PM
You can use tables to get the headers and images aligned, independently of font sizes:
| Fooooooo | Bar |
| Foo | Baaaaaaaar |
Code:
[table][tr][td]Fooooooo[/td][td]Bar[/td][/tr][tr][td][size=8pt]Foo[/size][/td][td][size=20pt]Baaaaaaaar[/size][/td][/tr][/table]
I tried tables. Let's just say it didn't work too well. Something about the SMF code does nasty things to the layout when you're working with images in tables.
January 26, 2015, 05:02:56 PM
Very bullish article on CNBC: http://www.cnbc.com/id/102369183
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