Remember the days when bitcoin was down 93.08% from its all time high (closing price on June 8 2011 was $ 29.6 on Nov 18 2011 it was $ 2.049)
Can you tell me what software you use to generate these charts? 
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26250. (Read 26713001 times)
August 20, 2014, 05:57:09 AM
August 20, 2014, 05:56:53 AM
Remember the days when bitcoin was down 93.08% from its all time high (closing price on June 8 2011 was $ 29.6 on Nov 18 2011 it was $ 2.049)
If you're going to accurately compare Bitcoin and Litecoin, then look at the LTC/BTC exchange rate instead of comparing them both to USD, which is irrelevant to the comparison. 
August 20, 2014, 05:55:45 AM
lol, people selling the Facebook details for a meagre 100 scam stellars
wtf dose that mean? 
August 20, 2014, 05:54:03 AM
lol, people selling the Facebook details for a meagre 100 scam stellars
August 20, 2014, 05:52:43 AM
August 20, 2014, 05:50:06 AM
So, basically all of the alts are up big time and we are flat on the whole for the day. http://coinmarketcap.com/
1. So, does this mean that we are really supposed to be breaking the bear trend, now? (I don't think so... the bounce back was anemic and we haven't retested the low); OR
2. The alts didn't get the memo and the gamblers who took out leverage on those because they thought they'd go up faster are now doubling down on the bet to keep pumping the price and they are about to get uber-slaughtered.
1. So, does this mean that we are really supposed to be breaking the bear trend, now? (I don't think so... the bounce back was anemic and we haven't retested the low); OR
2. The alts didn't get the memo and the gamblers who took out leverage on those because they thought they'd go up faster are now doubling down on the bet to keep pumping the price and they are about to get uber-slaughtered.
I'm going with 3.) No one knows wtf is going on and the whales have successfully completed confused the minnows
Um, yeah. If there is someone smarter than you with substantially more money, then he's probably going to take it from you. Listen up, people: there are two things that we are doing here to provide value to the Bitcoin economy: We are either reducing volatility and making money, or we are contributing volatility and paying off the good traders and hopefully learning something in the process. WE are the decentral bankers of Bitcoin. We are the liquidity providers and we are also here to take away the punch bowl when things get too frothy. We are trying to do what central bankers would try to do if bitcoin had a central bank. Now bitcoin is too volatile which means we are needed. The goal for most people here is to learn what the hell you are doing before you go broke. It's hard, but there is great opportunity for those with skill and a high risk tolerance.
Pay attention to the moving averages. until the four hour cross, there is no real momentum at all and we can assume a bias to the down side. I missed the train on the shot up to $687 so I'm not risking all cash, but here we are back in the four hundreds, so all I really lost was three months and I still have the same money as if I rode the market up and back down. Make your money on the overshoots up and down, and have enough coin and fiat to profit if either happens.
Probably the reason you got squeezed the last time (three months ago) was b/c you were shorting when you should have been betting long.
It seems that you have NOT learned from your mistakes, which is sad for you; however, you are back here attempting to suggest that you are more knowledgable then the rest of us b/c you have been around the block and you seem to be playing the same tune to attempt to rally the troops to follow you and to sell coins.
However, contrary to your plan the better and more sane solution towards BTC prosperity is:
HODL!!!!!!! and BUYDL!!!!!!!!!
August 20, 2014, 05:44:32 AM
August 20, 2014, 05:42:29 AM
if someone says we're bouncing on "low vol" i swear to god i'm going to pop out of your computer screen and moon you
=D 
August 20, 2014, 05:38:17 AM
I'm starting to feel really bullish right now. Longs got squeezed to the extent that I wanted, been waiting for that for over a month. And now 8k shorts, mostly at the bottom. There's gonna be a nice short squeeze and I think we will see 500s soon.
August 20, 2014, 05:37:56 AM
if someone says we're bouncing on "low vol" i swear to god i'm going to pop out of your computer screen and moon you
August 20, 2014, 05:36:33 AM
So, basically all of the alts are up big time and we are flat on the whole for the day. http://coinmarketcap.com/
1. So, does this mean that we are really supposed to be breaking the bear trend, now? (I don't think so... the bounce back was anemic and we haven't retested the low); OR
2. The alts didn't get the memo and the gamblers who took out leverage on those because they thought they'd go up faster are now doubling down on the bet to keep pumping the price and they are about to get uber-slaughtered.
1. So, does this mean that we are really supposed to be breaking the bear trend, now? (I don't think so... the bounce back was anemic and we haven't retested the low); OR
2. The alts didn't get the memo and the gamblers who took out leverage on those because they thought they'd go up faster are now doubling down on the bet to keep pumping the price and they are about to get uber-slaughtered.
I'm going with 3.) No one knows wtf is going on and the whales have successfully completed confused the minnows
3) sounds better to me, too... It does NOT make a whole hell of a lot of sense to attempt to make some comprehensive theory regarding alts b/c each of the alts are likely being manipulated in different ways, which in part may correlate to changes in bitcoin prices and other news drops related to any of the alt coins.
August 20, 2014, 05:31:33 AM
did we crash to 0 yet?
Could happen on btc-e, soon'ish
i better capitulate b4 its starts costing money to do that
SUB 0!
August 20, 2014, 05:29:48 AM
Does anyone have an explanation on who keeps lending fresh BTC on bitfinex for those shorts?
An interest rate of 0.0055 %/day (2% annual) doesn't seem worth the risk to me.
after BTC swaps shot to 8k BTC, an hour ago there was only miniscule amount available. Now there's again ~ 1000 BTC available to borrow at flash rate of 0.0055 %/day. wtf. who in his right mind is doing this???
wild theory: maybe those are just finexBTC being lent?
An interest rate of 0.0055 %/day (2% annual) doesn't seem worth the risk to me.
after BTC swaps shot to 8k BTC, an hour ago there was only miniscule amount available. Now there's again ~ 1000 BTC available to borrow at flash rate of 0.0055 %/day. wtf. who in his right mind is doing this???
wild theory: maybe those are just finexBTC being lent?
dude, come on. 1000 BTC? that's nothing. a year ago we used to see 5k walls, 5k dumps regularly. 9k total swaps and 1000 "fresh" BTC is nothing. any early adopter could be doing this, no need to make any accusations of finexBTC....
1k BTC today is very close to the same value as 5k BTC one year ago...
August 20, 2014, 05:29:41 AM
did we crash to 0 yet?
Could happen on btc-e, soon'ish
August 20, 2014, 05:28:17 AM
did we crash to 0 yet?
August 20, 2014, 05:24:03 AM
Remember the days when bitcoin was down 93.08% from its all time high (closing price on June 8 2011 was $ 29.6 on Nov 18 2011 it was $ 2.049)
This suffers from the same flaw as Pascal's Wager (Google it). If you want to say hedge your bets by getting some litecoin, then the same argument holds for all other alts with an even shorter history and steeper exponential trendline. Darkcoin? There are over a hundred alts to consider. What, bitcoin isn't risky and volatile enough for you? Are you day trading or gambling?
August 20, 2014, 05:13:20 AM
Remember the days when bitcoin was down 93.08% from its all time high (closing price on June 8 2011 was $ 29.6 on Nov 18 2011 it was $ 2.049)
August 20, 2014, 05:09:48 AM
You're not getting my coins for less than $1000. HODL.
if your going to hold through all this don't sell at 1K...
if its going to 1K again its going to 10K
I hope that you are correct; however, I am NOT as bullish as you. I am currently thinking that if it makes it to $1k, then it will go between $3k and $5k; however, I like your scenario better than mine... and yours certainly seems possible. In my mind, $3-5K seems more plausible... but what the fuck do I know.
August 20, 2014, 05:08:42 AM
So, basically all of the alts are up big time and we are flat on the whole for the day. http://coinmarketcap.com/
1. So, does this mean that we are really supposed to be breaking the bear trend, now? (I don't think so... the bounce back was anemic and we haven't retested the low); OR
2. The alts didn't get the memo and the gamblers who took out leverage on those because they thought they'd go up faster are now doubling down on the bet to keep pumping the price and they are about to get uber-slaughtered.
1. So, does this mean that we are really supposed to be breaking the bear trend, now? (I don't think so... the bounce back was anemic and we haven't retested the low); OR
2. The alts didn't get the memo and the gamblers who took out leverage on those because they thought they'd go up faster are now doubling down on the bet to keep pumping the price and they are about to get uber-slaughtered.
I'm going with 3.) No one knows wtf is going on and the whales have successfully completed confused the minnows
Um, yeah. If there is someone smarter than you with substantially more money, then he's probably going to take it from you. Listen up, people: there are two things that we are doing here to provide value to the Bitcoin economy: We are either reducing volatility and making money, or we are contributing volatility and paying off the good traders and hopefully learning something in the process. WE are the decentral bankers of Bitcoin. We are the liquidity providers and we are also here to take away the punch bowl when things get too frothy. We are trying to do what central bankers would try to do if bitcoin had a central bank. Now bitcoin is too volatile which means we are needed. The goal for most people here is to learn what the hell you are doing before you go broke. It's hard, but there is great opportunity for those with skill and a high risk tolerance.
Pay attention to the moving averages. until the four hour cross, there is no real momentum at all and we can assume a bias to the down side. I missed the train on the shot up to $687 so I'm not risking all cash, but here we are back in the four hundreds, so all I really lost was three months and I still have the same money as if I rode the market up and back down. Make your money on the overshoots up and down, and have enough coin and fiat to profit if either happens.
August 20, 2014, 05:06:55 AM
There won't be a rebound. 480 is the new price. My guess is we go sideways for a while and then get dumped on to 380. And repeat till something lifts us up again. But i can't think of anything that will do that.
agreed but i say we go down to $300 after sideways, $480 is the new $680
WHAT?
You promised us free coins!!!!!!!!!!!!!!!
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