It is not over yet?
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24549. (Read 26712667 times)
November 14, 2014, 03:36:53 AM
So we are still in a downtrend?
It is not over yet?
It is not over yet?
November 14, 2014, 03:34:46 AM
November 14, 2014, 03:33:56 AM
The price has been recently taking massive swings. It has gone from 320 to over 400, and back down, 2 times. I am not sure what to understand from it.
massive pump & dump 
November 14, 2014, 03:32:54 AM
Does anyone has any info regarding Secondmarket ETF? There were rumours that they would go live today...
http://news.bitcoinial.com/news/second-market-etf-coming-nov14-2340
http://news.bitcoinial.com/news/second-market-etf-coming-nov14-2340
NOooooooo !!!!!!!!!
mi want cheap coin... me want cheap coin !!!!!!
November 14, 2014, 03:30:16 AM
The price has been recently taking massive swings. It has gone from 320 to over 400, and back down, 2 times. I am not sure what to understand from it.
November 14, 2014, 03:21:34 AM
Does anyone has any info regarding Secondmarket ETF? There were rumours that they would go live today...
http://news.bitcoinial.com/news/second-market-etf-coming-nov14-2340
http://news.bitcoinial.com/news/second-market-etf-coming-nov14-2340
Come on...
I still have more bitcoins to buy in the 300s.
Hold off on all major investor news for the next week please.
Pardon me... my bad!
November 14, 2014, 03:07:48 AM
Does anyone has any info regarding Secondmarket ETF? There were rumours that they would go live today...
http://news.bitcoinial.com/news/second-market-etf-coming-nov14-2340
http://news.bitcoinial.com/news/second-market-etf-coming-nov14-2340
November 14, 2014, 02:54:20 AM
Willy2.0 was beaten down by the nervous miners who don't want to ride this train any longer.
But I still think that the next couple of weeks could be interesting for those who trade. I think that BTC can go to 800$ tops, because the amount of coins held by miners, who have worked with a loss and accumulated a very large pile over these months. I highly doubt that there will be a strong enough buying interest to push through this heavy pile. My prediction is that BTC will experience an avalanche like never seen before in the near future, when the market realizes that it can't sustain the heavy cost of mining.
Anyway, I'm glad that someone tried to stimulate the market, because it made trading BTC fun again. In the longer timeframe, my aim is to accumulate PPC instead.
But I still think that the next couple of weeks could be interesting for those who trade. I think that BTC can go to 800$ tops, because the amount of coins held by miners, who have worked with a loss and accumulated a very large pile over these months. I highly doubt that there will be a strong enough buying interest to push through this heavy pile. My prediction is that BTC will experience an avalanche like never seen before in the near future, when the market realizes that it can't sustain the heavy cost of mining.
Anyway, I'm glad that someone tried to stimulate the market, because it made trading BTC fun again. In the longer timeframe, my aim is to accumulate PPC instead.
What great humor that can be provide through this thread............ PPC... good luck with that..
This isn't humor. Thanks though.
I do believe that you are on to something regarding your choice of an approximate $800 price point for your predicted tops.
I do NOT agree with your prediction because it is too bearish; however, I agree with you that there is likely going to be up and down movement of BTC prices (in other words plenty of built in BTC dumps) until prices return to around $800-ish. I kept suggesting that the price point will be around $850 or so when that threshold is passed, the Viola.. We are inevitably on to a new ATH.
However, my thinking on this subject seems to have evolved a little bit, especially giving the recent and long bearish and extent of bearishness of the BTC market in the last year. Accordingly, the threshold price could be lower than my previous $850-ish prediction and the rocket/train may take off at a lower price point - maybe into the lower $700s?
Anyhow, once the rocket shoots BTC prices past the previous ATH, BTC prices will be pushed into the $3k to $13k range... and surely, I am engaged in a considerable amount of speculation regarding this point - but my speculation range relates to my understanding of adoption and developments around BTC and also my view that BTC prices have been artificially manipulated down for quite a bit of the last year and more so in the last 6 months. In that regard, those who have been manipulating BTC prices downward, and/or allowing for the downward manipulation of BTC prices have been accumulating BTC, and at some point, they are going to want to pump BTC prices up to as high of a price as they can pump it (which will be the $3k to $13k range in the next cycle). There will be upward manipulation and hype and onboarding of new money and various aspects of the masses... and some of the extent of the new onboarding of new money is a bit uncertain to know and a bit uncertain to know how much money is or could be waiting on the sidelines to jump on board.. but there are a lot more avenues (now) to get into and to get out of BTC (as compared with the previous bubbles).
November 14, 2014, 02:51:33 AM
A thing of beauty, much like the bottoms below your post.
November 14, 2014, 02:45:31 AM
Hi. Time to stop lurking.. 435 seems to be the target for those who want to choo-choo:)
http://s28.postimg.org/u5vzl7eod/2014_11_13_BAM.png
(EDIT: bigger pic)
http://s28.postimg.org/u5vzl7eod/2014_11_13_BAM.png
(EDIT: bigger pic)
http://s26.postimg.org/kv0za26l5/2014_11_14_Still_Down.png
Same lines as yesterday, but with new candles and 1d instead of 3d chart (finex/bitwisdom)..
Honestly, I was wondering what the next candles would do, but this was more striking than expected.
Same conclusion: first line of downtrend line is wrecked, which is kind of a fun thing. The other line, which showed significant resistance, has been tested (for the first time actually..) but is still holding. For now?
November 14, 2014, 02:42:09 AM
Willy2.0 was beaten down by the nervous miners who don't want to ride this train any longer.
But I still think that the next couple of weeks could be interesting for those who trade. I think that BTC can go to 800$ tops, because the amount of coins held by miners, who have worked with a loss and accumulated a very large pile over these months. I highly doubt that there will be a strong enough buying interest to push through this heavy pile. My prediction is that BTC will experience an avalanche like never seen before in the near future, when the market realizes that it can't sustain the heavy cost of mining.
Anyway, I'm glad that someone tried to stimulate the market, because it made trading BTC fun again. In the longer timeframe, my aim is to accumulate PPC instead.
But I still think that the next couple of weeks could be interesting for those who trade. I think that BTC can go to 800$ tops, because the amount of coins held by miners, who have worked with a loss and accumulated a very large pile over these months. I highly doubt that there will be a strong enough buying interest to push through this heavy pile. My prediction is that BTC will experience an avalanche like never seen before in the near future, when the market realizes that it can't sustain the heavy cost of mining.
Anyway, I'm glad that someone tried to stimulate the market, because it made trading BTC fun again. In the longer timeframe, my aim is to accumulate PPC instead.
What great humor that can be provide through this thread............ PPC... good luck with that..
PPC, woah, those were the times...
http://en.wikipedia.org/wiki/PowerPC_970
November 14, 2014, 02:41:13 AM
Willy2.0 was beaten down by the nervous miners who don't want to ride this train any longer.
But I still think that the next couple of weeks could be interesting for those who trade. I think that BTC can go to 800$ tops, because the amount of coins held by miners, who have worked with a loss and accumulated a very large pile over these months. I highly doubt that there will be a strong enough buying interest to push through this heavy pile. My prediction is that BTC will experience an avalanche like never seen before in the near future, when the market realizes that it can't sustain the heavy cost of mining.
Anyway, I'm glad that someone tried to stimulate the market, because it made trading BTC fun again. In the longer timeframe, my aim is to accumulate PPC instead.
But I still think that the next couple of weeks could be interesting for those who trade. I think that BTC can go to 800$ tops, because the amount of coins held by miners, who have worked with a loss and accumulated a very large pile over these months. I highly doubt that there will be a strong enough buying interest to push through this heavy pile. My prediction is that BTC will experience an avalanche like never seen before in the near future, when the market realizes that it can't sustain the heavy cost of mining.
Anyway, I'm glad that someone tried to stimulate the market, because it made trading BTC fun again. In the longer timeframe, my aim is to accumulate PPC instead.
What great humor that can be provide through this thread............ PPC... good luck with that..
This isn't humor. Thanks though.
November 14, 2014, 02:36:17 AM
Willy2.0 was beaten down by the nervous miners who don't want to ride this train any longer.
But I still think that the next couple of weeks could be interesting for those who trade. I think that BTC can go to 800$ tops, because the amount of coins held by miners, who have worked with a loss and accumulated a very large pile over these months. I highly doubt that there will be a strong enough buying interest to push through this heavy pile. My prediction is that BTC will experience an avalanche like never seen before in the near future, when the market realizes that it can't sustain the heavy cost of mining.
Anyway, I'm glad that someone tried to stimulate the market, because it made trading BTC fun again. In the longer timeframe, my aim is to accumulate PPC instead.
But I still think that the next couple of weeks could be interesting for those who trade. I think that BTC can go to 800$ tops, because the amount of coins held by miners, who have worked with a loss and accumulated a very large pile over these months. I highly doubt that there will be a strong enough buying interest to push through this heavy pile. My prediction is that BTC will experience an avalanche like never seen before in the near future, when the market realizes that it can't sustain the heavy cost of mining.
Anyway, I'm glad that someone tried to stimulate the market, because it made trading BTC fun again. In the longer timeframe, my aim is to accumulate PPC instead.
What great humor that can be provide through this thread............ PPC... good luck with that..
November 14, 2014, 02:34:47 AM
I will let you economic scientists read this because I'm not smart enough to understand... mmmkay?
http://www.zerohedge.com/news/2014-11-13/things-make-you-go-hmmm-japans-inevitable-apocalypse
Quote
Japan’s only solution to its crippling debt burden and seemingly unbreakable deflationary spiral is to weaken its currency.
Period.
Yes, there is plenty of talk of reform, though given Japan’s corporate culture that is far harder to achieve and much farther in the distance than most outside observers could possibly imagine; but were the narrative presented to the world simply as “we are going to destroy our currency,” even the market monkeys who continue to see no evil would be forced to take drastic action.
By maintaining the pretense that weakening the yen is actually part of a broader strategy which will ultimately be successful, the Bank of Japan is engaged in simply that: pretense.
Now don’t get me wrong: I’m not saying the necessary reforms CAN’T be achieved in Japan — just that they won’t. Not in time to save the country from disaster at the hands of Abe, Kuroda, and the rest of the Crazy Gang, anyway.
Those stagnant exports are a huge, flashing-red warning sign in the face of what can only be described as a resounding success in beginning the complete destruction of weakening the yen.
Let’s face it, if you are Japan and a chart like the one below doesn’t have a significant positive effect on your exports, something is structurally wrong — and structural change is not something the Japanese like (or do):
Period.
Yes, there is plenty of talk of reform, though given Japan’s corporate culture that is far harder to achieve and much farther in the distance than most outside observers could possibly imagine; but were the narrative presented to the world simply as “we are going to destroy our currency,” even the market monkeys who continue to see no evil would be forced to take drastic action.
By maintaining the pretense that weakening the yen is actually part of a broader strategy which will ultimately be successful, the Bank of Japan is engaged in simply that: pretense.
Now don’t get me wrong: I’m not saying the necessary reforms CAN’T be achieved in Japan — just that they won’t. Not in time to save the country from disaster at the hands of Abe, Kuroda, and the rest of the Crazy Gang, anyway.
Those stagnant exports are a huge, flashing-red warning sign in the face of what can only be described as a resounding success in beginning the complete destruction of weakening the yen.
Let’s face it, if you are Japan and a chart like the one below doesn’t have a significant positive effect on your exports, something is structurally wrong — and structural change is not something the Japanese like (or do):
http://www.zerohedge.com/news/2014-11-13/things-make-you-go-hmmm-japans-inevitable-apocalypse
November 14, 2014, 02:30:58 AM
Willy2.0 was beaten down by the nervous miners who don't want to ride this train any longer.
But I still think that the next couple of weeks could be interesting for those who trade. I think that BTC can go to 800$ tops, because the amount of coins held by miners, who have worked with a loss and accumulated a very large pile over these months. I highly doubt that there will be a strong enough buying interest to push through this heavy pile. My prediction is that BTC will experience an avalanche like never seen before in the near future, when the market realizes that it can't sustain the heavy cost of mining.
Anyway, I'm glad that someone tried to stimulate the market, because it made trading BTC fun again. In the longer timeframe, my aim is to accumulate PPC instead.
But I still think that the next couple of weeks could be interesting for those who trade. I think that BTC can go to 800$ tops, because the amount of coins held by miners, who have worked with a loss and accumulated a very large pile over these months. I highly doubt that there will be a strong enough buying interest to push through this heavy pile. My prediction is that BTC will experience an avalanche like never seen before in the near future, when the market realizes that it can't sustain the heavy cost of mining.
Anyway, I'm glad that someone tried to stimulate the market, because it made trading BTC fun again. In the longer timeframe, my aim is to accumulate PPC instead.
November 14, 2014, 02:27:23 AM
I'm feeling bullish - b/c I saw a double bottom:
November 14, 2014, 02:27:11 AM
I wonder how magnificent was the pump to 1000$+ last november... it must have been something, too bad i wasn't around at the time.
It was pretty awesome to watch. 
It was pretty great and if you went through it then you'd understand the hodl mentality. During the rise we'd dip down a tad, but if you remained unshaken you saw some pretty massive gains. Unfortunately you also opend yourself up to massive loss once the bubble bursted for real.
The real oh shit its happening moment happened after the 260ath, when we hit around 360.
A time lapse of that breakout
November 14, 2014, 02:18:00 AM
The last few days have been like a little mini bubble. Fractals man
November 14, 2014, 02:17:41 AM
Bitcoin Foundation Chairman says "Samsung will be biggest beneficiary of the bitcoin market"
https://www.cryptocoinsnews.com/bitcoin-foundation-chairman-says-samsung-will-biggest-beneficiary-bitcoin-market/?utm_content=buffercbc73&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
Not only that, Samsung could help and get helped by Bitcoin on its work against Applepay (in case they pretend to fight on the mobile payment market ofc)
Sure they can do much better than this Samsung Wallet software
https://play.google.com/store/apps/details?id=com.sec.android.wallet&hl=en
https://www.cryptocoinsnews.com/bitcoin-foundation-chairman-says-samsung-will-biggest-beneficiary-bitcoin-market/?utm_content=buffercbc73&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
Not only that, Samsung could help and get helped by Bitcoin on its work against Applepay (in case they pretend to fight on the mobile payment market ofc)
Sure they can do much better than this Samsung Wallet software
https://play.google.com/store/apps/details?id=com.sec.android.wallet&hl=en
Bullish?
Nothing coming from Samsung, the article just talks about a Vessenes speculation when he was in Korea.
Anyway, it is a long time ago that mobiles stopped being used just for phone calls. Mobile payments will grow and Samsung with their huge market share, better starts talking some movements on the payment arena. Helping Bitcoin would follow Android's somewhat"open source" path and would help them sell mining equipment and even counterattack against ApplePay.
I bet they will have to react soon. Google will stop development of Google Wallet on March 2015 for software sales (not affecting google play). So it is only Samsung now i guess on the payment Arena. Samsung has a huge market and visibility in Koreas ultra technical population and not giving a means of mobile techy payment i think is not possible. They have to do something or they will move to other manufacturers where they can pay with mobiles. They can of course continue developing their crappy Samsung Wallet, but it really does not look very good based on votes. Also remember the poor aceptance that Samsung as a company has in the United States (at least legally) where even Obama rescued Apple from some payments. So maybe a decentralized type of payment could be interesting, instead of fighting on the "convince every company of the world" arena and specially "american payment card companies". Samsung, use Bitcoin and follow your android more nerdy-type of customer (that suits bitcoin aswell).
November 14, 2014, 02:14:30 AM
Bitcoin Foundation Chairman says "Samsung will be biggest beneficiary of the bitcoin market"
https://www.cryptocoinsnews.com/bitcoin-foundation-chairman-says-samsung-will-biggest-beneficiary-bitcoin-market/?utm_content=buffercbc73&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
Not only that, Samsung could help and get helped by Bitcoin on its work against Applepay (in case they pretend to fight on the mobile payment market ofc)
Sure they can do much better than this Samsung Wallet software
https://play.google.com/store/apps/details?id=com.sec.android.wallet&hl=en
https://www.cryptocoinsnews.com/bitcoin-foundation-chairman-says-samsung-will-biggest-beneficiary-bitcoin-market/?utm_content=buffercbc73&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
Not only that, Samsung could help and get helped by Bitcoin on its work against Applepay (in case they pretend to fight on the mobile payment market ofc)
Sure they can do much better than this Samsung Wallet software
https://play.google.com/store/apps/details?id=com.sec.android.wallet&hl=en
Bullish?
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