Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 23382. (Read 26713448 times)
January 19, 2015, 07:17:18 PM
Bears entering.
January 19, 2015, 07:16:59 PM
R.I.P. Bulls.
January 19, 2015, 07:15:50 PM
January 19, 2015, 07:07:54 PM
Projected pessimistic targets back on track. Let's see if Bear momentum of last week will return or not. Bulls not easily frightened these days. Yen 1250 on Huobi is major Support zone. If we break that, it is the $136 target we are projecting. Good luck trading!
Why $136?
Level before the big bull rise of 2013?
January 19, 2015, 07:06:47 PM
Projected pessimistic targets back on track. Let's see if Bear momentum of last week will return or not. Bulls not easily frightened these days. Yen 1250 on Huobi is major Support zone. If we break that, it is the $136 target we are projecting. Good luck trading!
Why $136?
January 19, 2015, 07:06:23 PM
Why do loads of you guys want the price to stay low?
I'll never understand it.
I'll never understand it.
It is fairly simple. The majority of bears on this forum fall into several categories (in no particular order):
1) sold and want to buy back lower and increase stash (reasonable gamble in a bear market)
2) sold lower and now the price has moved up against them (screeching about 50$ coins, it's going to double digits!, praying for price drops)
3) short from above this price (in the money, vocal because the market isn't dropping further as expected)
4) short from below this price (ho ho ho, thought it would go to zero because 'line on a chart')
5) troll (see NLC, or the alts.)
6) permabear (Edward50, Nagle - thought bitcoins were overpriced at 2$, now desperate for bitcoin to fail to validate their enormous life mistake)
Classic. Post of the day, except you forgot one important category:
7) nitwits who haven't even read Satoshi's white paper, aren't bright enough to understand it if they did, and actually think it's some kind of Ponzi or other pyramid scheme, and/or think it will fail.
Why JorgeStolfi comes to my mind when I read 7)?
and I would add:
8)People that might be hurt if Bitcoin goes popular(or paid for such people)
January 19, 2015, 07:03:40 PM
Projected pessimistic targets back on track. Let's see if Bear momentum of last week will return or not. Bulls not easily frightened these days. Yen 1250 on Huobi is major Support zone. If we break that, it is the $136 target we are projecting. Good luck trading!
January 19, 2015, 06:59:56 PM
January 19, 2015, 06:51:37 PM
Let's see under 150 now!
January 19, 2015, 06:39:32 PM
looking at hour charts is a waste of time unless you are day trading it like stocks.
another permabull, "Gambler" Why are you looking at hours charts,
What number are you looking at the breakout. You can look at whatever numbers you want, more important is the 205 from Fall 2013.
But it pushed past $206 the short term line because it was way undersold last week at $150, but heavy resistence is now at the $278 line daily ema, which obviously is dropping since Dec at $375.
Its possible to hit 220 to 260 in next 30-45 days but I also expect it to hit the very ema wall at that point and coninue the longer downward trend since Dec 2013 at 850.
Currently is holding steady, until more players trade it tomorrow when US participants are back from vacation.
January 19, 2015, 06:27:10 PM
Pump this bitch.
Give her all you've got.
Give her all you've got.
aaaand it's gone.
Yep, failed breakout. Down it will be
Its up 60 points from last week
You're not the brightest, are you? I'm talking about the short term at the moment, and what happened about 1 to 2 hours ago (and is still happening) when Bitcoin started flirting with some resistance lines.
Also, the simple fact that it is up 60 points since last week should get you very wary, given what a significant rise in price has meant almost every time in this bear market. Expect a drop on dump-Tuesday.
January 19, 2015, 06:22:23 PM
Why do loads of you guys want the price to stay low?
I'll never understand it.
I'll never understand it.
It is fairly simple. The majority of bears on this forum fall into several categories (in no particular order):
1) sold and want to buy back lower and increase stash (reasonable gamble in a bear market)
2) sold lower and now the price has moved up against them (screeching about 50$ coins, it's going to double digits!, praying for price drops)
3) short from above this price (in the money, vocal because the market isn't dropping further as expected)
4) short from below this price (ho ho ho, thought it would go to zero because 'line on a chart')
5) troll (see NLC, or the alts.)
6) permabear (Edward50, Nagle - thought bitcoins were overpriced at 2$, now desperate for bitcoin to fail to validate their enormous life mistake)
Classic. Post of the day, except you forgot one important category:
7) nitwits who haven't even read Satoshi's white paper, aren't bright enough to understand it if they did, and actually think it's some kind of Ponzi or other pyramid scheme, and/or think it will fail.
January 19, 2015, 06:20:54 PM
The triangle is closing: I wonder what will happen tomorrow.
The same thing that has been happening for a year now. Why would tomorrow be any different?
Price set for Winklevoss Bitcoin ETF - FT.com
LOL
January 19, 2015, 06:20:13 PM
Pump this bitch.
Give her all you've got.
Give her all you've got.
aaaand it's gone.
Yep, failed breakout. Down it will be
Its up 60 points from last week
January 19, 2015, 06:18:37 PM
If stock market goes well, people invest in stock market instead of BTC.
If economy is bad, people invest less in risky markets like BTC.
One way or another people will have a reason to don't invest in BTC
recall last time the chinese had trouble with interest rates?
Could a crash happen in the west that mirrors the chinese one?
No idea
January 19, 2015, 06:18:14 PM
Don't you have at least a hundred bags of HunterCoin to sell, shamanic bull ?
Eh not sure what I lose on HUC, but I dished it off for now. It was at least 80 bags... I don't believe in calculating losses
No one wants to work for Crypto at this point.
I still pay for the server to help people DL it easier, but I don't hold any at the moment.
Alt wise I'm went all in CLAM... which has a interesting distribution to it, but feel free to PM me to chat altcoins.
Goooo Big Daddy Bitcoin!
Chat about altcoins, haha! Trust me, i've been through them all, trying to convince the delusional bagholders (the victims of BobSurplus & Co) to get rid of them.
Anyways, we go way back. It's just that is my passion to bust your balls with that HunterShitCoin.
January 19, 2015, 06:12:22 PM
Looks like its coming back up
I see threads of people buying back in, who abandoned last week
January 19, 2015, 06:11:59 PM
Don't you have at least a hundred bags of HunterCoin to sell, shamanic bull ?
Eh not sure what I lose on HUC, but I dished it off for now. It was at least 80 bags... I don't believe in calculating losses
No one wants to work for Crypto at this point.
I still pay for the server to help people DL it easier, but I don't hold any at the moment.
Alt wise I'm went all in CLAM... which has a interesting distribution to it, but feel free to PM me to chat altcoins.
Goooo Big Daddy Bitcoin!
January 19, 2015, 05:59:56 PM
January 19, 2015, 05:59:05 PM
Important point from the other thread:
Not all US$7.5B (that's "B", not "M") were pumped out o the system since not all BTC were in the market traded, but significant amount was sold and fiat withdrawn from the system, which would not be possible without disturbing demand/supply balance. Price going down made some people seriously rich. Almost "B" rich.
A year ago the 12.64M BTC mined were worth US$10.55B. Today, the 13.74B BTC mined are worth less than US$3B.
Not all US$7.5B (that's "B", not "M") were pumped out o the system since not all BTC were in the market traded, but significant amount was sold and fiat withdrawn from the system, which would not be possible without disturbing demand/supply balance. Price going down made some people seriously rich. Almost "B" rich.
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