Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26203.

fonzie

hero member

Activity: 504

Merit: 500

Moderator

New FUD available, not sure if its bullish or bearish.

https://bitcointalksearch.org/topic/m.8468766

Summary: Deposits to Bitstamp can now take up to 4-5 days.

Bullish conclusion: Bitstamp probably can´t handle the demand due to the millions of $ that are coming in right now, eg. Coinbase and GABI additionally to the massive amount of multiple USD transfers from private investors who consider the current price as dirt cheap. Grin

ChartBuddy

legendary

Activity: 2380

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

ensurance982

hero member

Activity: 518

Merit: 500

Trust me!

Quote from: Sandia on August 22, 2014, 06:36:52 AM

I am betting on a low of 498. Someone will dump to to 500.
495 would take too much work: after breaking through 1k coins to 500, they need another 1k to get to 495.
Unlikely.
The question is whether we bounce or sit around 500 until tomorrow.

I guess the weekly MACD may turn green soon, though... If we manage to stay at current levels, or slightly above, we may gain momentum. On the other hand: t's a weekend... It will be somewhat difficult!

edwardspitz

sr. member

Activity: 546

Merit: 250

Looks like a rounding top. Volume matches pretty well also. Any thoughts on this?

Sandia

full member

Activity: 182

Merit: 100

I am betting on a low of 498. Someone will dump to to 500.
495 would take too much work: after breaking through 1k coins to 500, they need another 1k to get to 495.
Unlikely.
The question is whether we bounce or sit around 500 until tomorrow.

Dalmar

hero member

Activity: 1106

Merit: 500

Life is short, practice empathy in your life

This is starting to look a lot like mid April.. big pump followed by slow daily dumps until mid-400s are reached again.

gizmoh

legendary

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Merit: 1000

Quote from: ensurance982 on August 22, 2014, 06:11:47 AM

What's with all those medium sized dumps that seem to occur every now and then over the last day or so. The price barely goes down and immediately recovers (at least somewhat) But it's just a rather huge drop. I guess they don't want to shock the market and just sell off as much as possible.

johnwest

hero member

Activity: 1106

Merit: 503

BabelFish - FISH Token Sale at Sovryn

Quote from: ensurance982 on August 22, 2014, 06:11:47 AM

What's with all those medium sized dumps that seem to occur every now and then over the last day or so. The price barely goes down and immediately recovers (at least somewhat) But it's just a rather huge drop. I guess they don't want to shock the market and just sell off as much as possible.

I think dumper now playing smart move, they don't want to drop the price just want to sell their coins above 500.
That is why price not going below 500 and they stop dumping when price near to 500 and it will recover after sometime.

ensurance982

hero member

Activity: 518

Merit: 500

Trust me!

What's with all those medium sized dumps that seem to occur every now and then over the last day or so. The price barely goes down and immediately recovers (at least somewhat) But it's just a rather huge drop. I guess they don't want to shock the market and just sell off as much as possible.

johnwest

hero member

Activity: 1106

Merit: 503

BabelFish - FISH Token Sale at Sovryn

Quote from: FUR11 on August 22, 2014, 05:54:06 AM

Guys, what did you expect??? It's a Friday! For a Friday in these dangerous times, we're still above $500 and going rather solid. Just forming a multiple bottom in order to safely kickstart the rocket!

I think we saw the worst for time being, so future is bright.
Just keep holding those coins and you will be sell over 550 soon.

fonzie

hero member

Activity: 504

Merit: 500

Moderator

Quote from: FUR11 on August 22, 2014, 05:54:06 AM

Guys, what did you expect??? It's a Friday! For a Friday in these dangerous times, we're still above $500 and going rather solid. Just forming a multiple bottom in order to safely kickstart the rocket!

I can cofirm this, all the needed signs do exist to enable an upcoming classic 2014 style weekend pump.

Edit: Also fallling seems to be bullish, he is only talking about 4xx prices.

falllling

member

Activity: 112

Merit: 10

Quote from: FUR11 on August 22, 2014, 05:54:06 AM

Guys, what did you expect??? It's a Friday! For a Friday in these dangerous times, we're still above $500 and going rather solid. Just forming a multiple bottom in order to safely kickstart the rocket!

wrong, $4xx soon

ChartBuddy

legendary

Activity: 2380

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

FUR11

sr. member

Activity: 378

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FURring bitcoin up since 1762

Guys, what did you expect??? It's a Friday! For a Friday in these dangerous times, we're still above $500 and going rather solid. Just forming a multiple bottom in order to safely kickstart the rocket!

JayJuanGee

legendary

Activity: 3948

Merit: 11416