Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24468. (Read 26712962 times)
November 18, 2014, 02:47:57 PM
Looks like all exchanges are breaking up right now...
November 18, 2014, 02:47:21 PM
Did I hear choo?
November 18, 2014, 02:43:57 PM
"From a technical perspective, too, a long position offers a better chance of success."
http://www.nasdaq.com/article/two-ways-to-play-a-potential-breakout-in-btcusd-cm414933
http://www.nasdaq.com/article/two-ways-to-play-a-potential-breakout-in-btcusd-cm414933
"As I write, Bitcoin against the U.S. Dollar (BTC/USD) is poised at levels that could decide the direction of the currency pair for the next few weeks, maybe even longer."
NEXT 24H ARE CRITICAL AS FUCK. CONFIRMED BY WALL STREET!
November 18, 2014, 02:31:33 PM
Personally, I think if we break 2350 on huobi tonight there will be a huge rally.
People said that if we break 400 the way we broke last week, there would be a huge rally.
Nothing at the moment is rally signal.
In fairness when we broke 400 we had an almost 25% on top of that rally. Guess it depends on the definition of huge. Some of the early fellas would say 1000% is a small rally but people entering in the last year would say 25% is fairly large.
November 18, 2014, 02:30:57 PM
"From a technical perspective, too, a long position offers a better chance of success."
http://www.nasdaq.com/article/two-ways-to-play-a-potential-breakout-in-btcusd-cm414933
http://www.nasdaq.com/article/two-ways-to-play-a-potential-breakout-in-btcusd-cm414933
November 18, 2014, 02:29:42 PM
Personally, I think if we break 2350 on huobi tonight there will be a huge rally.
People said that if we break 400 the way we broke last week, there would be a huge rally.
Nothing at the moment is rally signal.
November 18, 2014, 02:23:17 PM
Even the monkey doesn't know which way we are going to go.
November 18, 2014, 02:22:37 PM
Personally, I think if we break 2350 on huobi tonight there will be a huge rally.
November 18, 2014, 02:21:15 PM
What is going on there?!
November 18, 2014, 02:19:01 PM
Either way when it breaks out of that line, there could be fireworks
Agreed, but I'm still not confident enough to take a position right now. Waiting on the sidelines for something to happen.
I wouldn't even stand on the sidelines. Wait in the bleachers, or better yet, exit the stadium completely, get in your car, and drive home. Just when you think you know which direction it's going, it will burn you. I'd advise you all to take a safer investment, until a positive trend can be confirmed. Because it's going to be a while...
November 18, 2014, 02:09:57 PM
Either way when it breaks out of that line, there could be fireworks
Agreed, but I'm still not confident enough to take a position right now. Waiting on the sidelines for something to happen.
November 18, 2014, 02:07:05 PM
What with all the bears talking shit, I couldn't help but notice the huge bull flag that is forming.
I thought it was only considered a bull flag as long as retracement down the flag pole does not fall below 50%? Either way I'm still feeling quite bullish
is a pendent and a flag the same thing? I'm not sure...
Either way when it breaks out of that line, there could be fireworks
November 18, 2014, 02:01:20 PM
November 18, 2014, 01:59:44 PM
What with all the bears talking shit, I couldn't help but notice the huge bull flag that is forming.
I thought it was only considered a bull flag as long as retracement down the flag pole does not fall below 50%? Either way I'm still feeling quite bullish
November 18, 2014, 01:58:36 PM
...
During the last auction, the BTC price was around $600, and most likely Draper paid more than $650 - because otherwise he would NOT have been able to win all of the lots...
During the last auction, the BTC price was around $600, and most likely Draper paid more than $650 - because otherwise he would NOT have been able to win all of the lots...
Deadpan. I'm impressed.
November 18, 2014, 01:55:31 PM
What with all the bears talking shit, I couldn't help but notice the huge bull flag that is forming.
Huobi. Tonight will be interesting
Huobi. Tonight will be interesting
November 18, 2014, 01:51:17 PM
wow
so trolle
very efforte.
Some really do put more into their trolling that others.
so trolle
very efforte.
Some really do put more into their trolling that others.
Where is your current buy in price? 220 or so? And next week you're gonna be totally surprised you didn't get your coins?
Are you actually a computer?
I truly believe this. Nothing but an automated program can produce such astoundingly consistent drivel.
November 18, 2014, 01:41:38 PM
Back to 330-350 thanks to day traders.
Why does day trading always mean we have to go down to them?
Why does day trading always mean we have to go down to them?
So, as I called yesterday, we have a downward stair pattern developing on the TA, there is the auction news which might not be bad but certainly creates a bit of uncertainty (will people low-bid these coins after what happened to Draper and if they underbid the market, will they try to cash in a portion quickly to consolidate gains), the order book is not quite as stacked, and the shorts are no longer overleveraged (which also shows you that it isn't just regular day traders moving the price).
If anything the last auction will show people that there are entities out there willing to pay pretty much market price and so not to enter low ball bids again.
I think that is wishful thinking. I think this auction will look a little more like a Bertrand oligopoly where bids are at cost. Nobody wants to be a punch line like Draper. I mean, dude is infinitely richer than I am and I still have an inner sense of superiority compared to that dunce. He overpaid at a proximate high on a s--- ton of coins he'll never be able to unload at that price ever. Nobody is going to pull that little stunt, again. Not after how hard he got burnt.
Yeah, right. You are full of it, Newbie.
During the last auction, the BTC price was around $600, and most likely Draper paid more than $650 - because otherwise he would NOT have been able to win all of the lots.
Do you really believe there is buyer's remorse there? I doubt it.
Again, if the auction is currently occurring, an entity like draper's could be willing to pay more than 10% above the current market price. Let's say currently $400 and bids at $450... NO fucking problem for people who believe in the future of bitcoin and they have the money....
Anyhow my prediction is that the coins are going above market value, NOT below market value... whether it is Draper or some other person or entity bidding on the coins and winning the bids.
November 18, 2014, 01:35:33 PM
wow
so trolle
very efforte.
Some really do put more into their trolling that others.
so trolle
very efforte.
Some really do put more into their trolling that others.
Where is your current buy in price? 220 or so? And next week you're gonna be totally surprised you didn't get your coins?
Are you actually a computer? That is not a human response to my post :S
I buy a few everytime I think it's silly cheap. If we hit mid 50s I'll buy a little. I'm generally a hodler, and occasional buyer.
November 18, 2014, 01:33:58 PM
wow
so trolle
very efforte.
Some really do put more into their trolling that others.
so trolle
very efforte.
Some really do put more into their trolling that others.
Where is your current buy in price? 220 or so? And next week you're gonna be totally surprised you didn't get your coins?
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