New trading strategy that has actually worked quite well today... I call it the Bulltard rule.
When either BitFinex or Stamp is trading $20 over China, short... the market is toppy.
When they are within $5 to 10 of China, long... bottom of the wave has been reach of is close.
Strangely, this has worked infinitely better than any of the more sophisticated strategies. Kind of funny.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26437. (Read 26731775 times)
August 17, 2014, 11:09:14 PM
August 17, 2014, 11:08:17 PM
LET'S DO THE MATHS....NEW JERSEY TIME IS? ....
http://graphics8.nytimes.com/images/2013/05/28/arts/jpbook2/jpbook2-articleLarge.jpg
http://graphics8.nytimes.com/images/2013/05/28/arts/jpbook2/jpbook2-articleLarge.jpg
UTC +1, so it would put the big dumps at the beginning and end of business hours.
August 17, 2014, 10:59:35 PM
August 17, 2014, 10:53:59 PM
LET'S DO THE MATHS....NEW JERSEY TIME IS? ....
August 17, 2014, 10:45:14 PM
come on bro !!!
August 17, 2014, 10:42:03 PM
k
August 17, 2014, 10:38:01 PM
August 17, 2014, 10:21:59 PM
hmmm, so how about that 100% + retracement from that bounce yesterday? you guys can't possibly be feeling bullish after that! 
price is low... no doubt about it.
In this most recent spout prices on Bitstamp, the volume has been fairly low, but still moving the price down and keeping it down...
Wouldn't it be too optimistic to think that some of the dumper whale manipulators are NOT still holding on to some coins and are waiting for an opportunistic time to play them and to push downward.. and since they seem to prefer to do this at a certain time of the day(night in the USA), it seems that they may be holding off for such play within the next 4-6 hours? No?
ON the other hand, it could be possible that they are running out of steam b/c they seem to have pushed these quick dumps on a few occasions in the last few days and maybe the dumps have NOT been sufficiently effective to keep dumping them? For some reason, I do NOT put it past them to continue to want to dump coins.. and I am doubting whether they are running out of coins.
August 17, 2014, 10:20:49 PM
August 17, 2014, 10:15:40 PM
hmmm, so how about that 100% + retracement from that bounce yesterday? you guys can't possibly be feeling bullish after that!
price is low... no doubt about it.
fact:the "cryptocurrency cartel" has a stong hold on the BTC market,,,they think crony capitalism might save them?
hmmm
August 17, 2014, 10:04:26 PM
hmmm, so how about that 100% + retracement from that bounce yesterday? you guys can't possibly be feeling bullish after that!
price is low... no doubt about it.
August 17, 2014, 10:02:06 PM
It's going to be another blood bath tonight, I can feel it deep in my loins. Don't go to sleep in full bitcoin, don't say I didn't warn you.
August 17, 2014, 09:51:57 PM
thanks
August 17, 2014, 09:50:04 PM
August 17, 2014, 09:49:37 PM
hmmm, so how about that 100% + retracement from that bounce yesterday? you guys can't possibly be feeling bullish after that!
August 17, 2014, 09:47:21 PM
-17% in a week, seeing the price going up wouldn't be surprising at this point..
August 17, 2014, 09:33:00 PM
if we close more than a couple candles below 480, i'm going to have an irresistible urge NEED to send more fait...
hopefully it doesn't come to that.
hopefully it doesn't come to that.
August 17, 2014, 09:24:35 PM
How the fuck is the price not going up??
I'm soon starting to question the future of bitcoin
I'm soon starting to question the future of bitcoin
because this just happend
give it time.
pretty sure Mr Manipulator is going for maximum pain, he wants your coins today!
lmao
August 17, 2014, 09:21:52 PM
Bitcoin is the only way to go
We will see! =D I keep my bet, HUGE ripple success and bitcoin going down slowly, not disappearing because it's useful to have something trustless.
You're in the wrong thread with your centralized premined Nipple currency with a supply of 8 billion. If gold can fill up an Olympic pool due to scarcity, Nipple can fill the Pacific Ocean. Go away!
August 17, 2014, 09:19:46 PM
The recent low seems to be the fallback price of the miners. I doubt we will go lower than that as many miners must be mining at a loss already - with even more and more hashing power coming online shrinking their income.
Centralized mining of a decentralized currency
and much with discounted electricity 
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