Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25053. (Read 26720609 times)
October 17, 2014, 11:57:46 AM
Fine bid, Bullstamp. About time to force the stamp criminals to convert their shitty fiat.
October 17, 2014, 11:57:38 AM
It is over two weeks old, entirely irrelevant to this thread. Spam.
Lol, no. It's exactly two weeks old. You even try to put a spin on this, just can't help yourself, can you
This one is over two weeks old:
Anyhow, no need to get upset
October 17, 2014, 11:54:45 AM
The whole Paypal story is gonna kick-in, and a lot other good things that happened during the bearmarket past half year.
October 17, 2014, 11:53:51 AM
Market: BTC USD
Time Frame: H4
Major Trend = DOWN
Resistence = 400.35
H4 trend stil DOWN and only above $400.35 i will change my TS for UPTREND into H4 time frame.
The BTC USD should test $400 again in next 48hs.
Another fail to brake $400 will increase Down volume and push test support $350
what about secret option #3 hold above 360 for a week let shorts pill up and then start squeezing Time Frame: H4
Major Trend = DOWN
Resistence = 400.35
H4 trend stil DOWN and only above $400.35 i will change my TS for UPTREND into H4 time frame.
The BTC USD should test $400 again in next 48hs.
Another fail to brake $400 will increase Down volume and push test support $350
excellent analysis btw, I like your numbers.
October 17, 2014, 11:45:57 AM
It is over two weeks old, entirely irrelevant to this thread. Spam.
October 17, 2014, 11:40:24 AM
Market: BTC USD
Time Frame: H4
Major Trend = DOWN
Resistence = 400.35
H4 trend stil DOWN and only above $400.35 i will change my TS for UPTREND into H4 time frame.
The BTC USD should test $400 again in next 48hs.
Another fail to brake $400 will increase Down volume and push test support $350
Time Frame: H4
Major Trend = DOWN
Resistence = 400.35
H4 trend stil DOWN and only above $400.35 i will change my TS for UPTREND into H4 time frame.
The BTC USD should test $400 again in next 48hs.
Another fail to brake $400 will increase Down volume and push test support $350
October 17, 2014, 11:38:33 AM
Russia FUD
Why do you keep spamming that over the forum?
That's a Coindesk article. Coindesk is a pro-Bitcoin publication, AFAIK.
If you think Bitcoin's leading news source is spreading FUD, I suggest you invest in better tinfoil.
I am aware of the source. The question was why are you spamming it over the forum?
I have posted it once in reply to you asking for negative bitcoin news.
I have posted it here in response to Adam.
It was both relevant and factual both times.
Why do you keep spamming this thread with the word "spamming"? You used it once, that should have been enough
October 17, 2014, 11:36:47 AM
It's a very odd situation all around. I don't doubt this is a short term reversal, but I expect new lows within 6mo. Unlike a reversal at, say, $50 in April where the selling pressure was never going to culminate to that level again. (At least, not yet.)
Another thing: the market was very oversold at <400. A bounce was certain at some point. I think I had been calling for a bounce since $400. It never came until $275.
So I'm still sticking to >450, then rollercoaster, then <300. Sometime within 9mo, <200. But if you don't mind mid term trades then this seems like asafe time to buy.
Another thing: the market was very oversold at <400. A bounce was certain at some point. I think I had been calling for a bounce since $400. It never came until $275.
So I'm still sticking to >450, then rollercoaster, then <300. Sometime within 9mo, <200. But if you don't mind mid term trades then this seems like asafe time to buy.
What is your reasoning for continued price falls down to a sub 200 price? And please don't say free Willy.
October 17, 2014, 11:34:18 AM
Russia FUD
Why do you keep spamming that over the forum?
That's a Coindesk article. Coindesk is a pro-Bitcoin publication, AFAIK.
If you think Bitcoin's leading news source is spreading FUD, I suggest you invest in better tinfoil.
I am aware of the source. The question was why are you spamming it over the forum?
October 17, 2014, 11:33:38 AM
What news could actually make a big deal of difference?
I think bitcoin has more than proved itself tbh. Acceptance by vendors here and there is not going to help because it's essentially news that bitcoin works and is taken seriously by major companies.
So? We've known this for ages.
For the price to go up the alternatives just have to be given time to fail.
And they will.
I think the next few spikes upward will be as a result of credit card fees going up as a result of them getting used less and less as we use btc more and more
It will be a snowball!
I think bitcoin has more than proved itself tbh. Acceptance by vendors here and there is not going to help because it's essentially news that bitcoin works and is taken seriously by major companies.
So? We've known this for ages.
For the price to go up the alternatives just have to be given time to fail.
And they will.
I think the next few spikes upward will be as a result of credit card fees going up as a result of them getting used less and less as we use btc more and more
It will be a snowball!
October 17, 2014, 11:33:30 AM
A 38k single entity sell -> many entities is very bad for price. In a traditional sense, capitulation is small fish selling to each other and then panic buying their own coins back when any sign of reversal pops up. That doesn't happen when a whale dumps.
The chart looks the same, but the actions are not. People are buying since it looks like a reversal, but isn't.
The chart looks the same, but the actions are not. People are buying since it looks like a reversal, but isn't.
Now I understand what you're getting at. Makes sense, you could certainly interpret it that way, however:
1) We had 1 day of 60k and the next with 70k daily BTC volume on Bitstamp. 30k is less than 25% of 130k, so even if you go by your argument, it is valid.
2) After the 30k ask popped up @300, people did panic sell down to 275.
3) For a context, it also has to be considered that we had a downtrend with relatively bearish sentiment prior to the culmination of Oct 5.
It's a very odd situation all around. I don't doubt this is a short term reversal, but I expect new lows within 6mo. Unlike a reversal at, say, $50 in April where the selling pressure was never going to culminate to that level again. (At least, not yet.)
Another thing: the market was very oversold at <400. A bounce was certain at some point. I think I had been calling for a bounce since $400. It never came until $275.
So I'm still sticking to >450, then rollercoaster, then <300. Sometime within 9mo, <200. But if you don't mind mid term trades then this seems like asafe time to buy.
October 17, 2014, 11:32:25 AM
Russia FUD
Why do you keep spamming that over the forum?
That's a Coindesk article. Coindesk is a pro-Bitcoin publication, AFAIK. Russia Proposes Monetary Penalties for Bitcoin Use and Promotion
If you think Bitcoin's leading news source is spreading FUD, I suggest you invest in better tinfoil.
October 17, 2014, 11:32:13 AM
When I have 100 $ on bitfinex and want to borrow money to go long, what is the maximum amount I can borrow with my 100$?
Is it 300$, as the max levarege is 1:3 ?
Thanks!
Is it 300$, as the max levarege is 1:3 ?
Thanks!
Yes.
October 17, 2014, 11:30:57 AM
News don't matter for shit, how can you still not get that after this many years?
thats BULLSHIT!
news makes 0 difference in the short term , all it dose if give an excuse to push buttons or to hold off pushing buttons. i agree
but you can't tell me dell accepting bitcoin, court case's recognizing bitcoin as money, and the likes, have no effect on the overall value of these coins.
The last six months is your answer. Price leads sentiment. That's it. News is incorporated into the narrative to explain away the price action.
i'm saying some things give BTC more utility, and maybe the market is more concerned with pricing in the crowd of profit takers waiting to take profit and leave, in the moment, but in the end, in the long run, these "newses" really do matter way more than what the charts say or even what the current market participants do. period the end.
I agree with you there. But what you are saying isn't popular here in chart land. You are saying the news is driven by changes in the fundamentals, which recently (despite pork chops assertions) are near universally positive!
October 17, 2014, 11:28:27 AM
News don't matter for shit, how can you still not get that after this many years?
thats BULLSHIT!
news makes 0 difference in the short term , all it dose if give an excuse to push buttons or to hold off pushing buttons. i agree
but you can't tell me dell accepting bitcoin, court case's recognizing bitcoin as money, and the likes, have no effect on the overall value of these coins.
Russia is planning to criminalize Bitcoin... Not simply banning financial institutions from interacting with Bitcoin businesses like China, but making anything Bitcoin-related a criminal offense.
Russia Proposes Monetary Penalties for Bitcoin Use and Promotion
October 17, 2014, 11:28:11 AM
News don't matter for shit, how can you still not get that after this many years?
thats BULLSHIT!
news makes 0 difference in the short term , all it dose if give an excuse to push buttons or to hold off pushing buttons. i agree
but you can't tell me dell accepting bitcoin, court case's recognizing bitcoin as money, and the likes, have no effect on the overall value of these coins.
I think we still are in the speculation phase and I believe people just think either bitcoin is gonna suceed or it's not, no matter the news.
This global technological phenomenon is simply larger then any news out there. Price will increase on good news after success. (the tipping point which I would say is around $10k)
October 17, 2014, 11:28:03 AM
Russia FUD
Why do you keep spamming that over the forum?
October 17, 2014, 11:27:51 AM
News don't matter for shit, how can you still not get that after this many years?
thats BULLSHIT!
news makes 0 difference in the short term , all it dose if give an excuse to push buttons or to hold off pushing buttons. i agree
but you can't tell me dell accepting bitcoin, court case's recognizing bitcoin as money, and the likes, have no effect on the overall value of these coins.
The last six months is your answer. Price leads sentiment. That's it. News is incorporated into the narrative to explain away the price action.
i'm saying some things give BTC more utility, and maybe the market is more concerned with pricing in the crowd of profit takers waiting to take their profit and leave, in the moment, but in the end, in the long run, these "newses" really do matter way more than what the charts say or even what the current market participants do. period the end.
October 17, 2014, 11:26:12 AM
News don't matter for shit, how can you still not get that after this many years?
thats BULLSHIT!
news makes 0 difference in the short term , all it dose if give an excuse to push buttons or to hold off pushing buttons. i agree
but you can't tell me dell accepting bitcoin, court case's recognizing bitcoin as money, and the likes, have no effect on the overall value of these coins.
Russia is planning to criminalize Bitcoin... Not simply banning financial institutions from interacting with Bitcoin businesses like China, but making anything Bitcoin-related a criminal offense.
Russia Proposes Monetary Penalties for Bitcoin Use and Promotion
October 17, 2014, 11:24:47 AM
When I have 100 $ on bitfinex and want to borrow money to go long, what is the maximum amount I can borrow with my 100$?
Is it 300$, as the max levarege is 1:3 ?
Thanks!
Is it 300$, as the max levarege is 1:3 ?
Thanks!
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