Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 27234.

molecular

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Quote from: madmat on June 12, 2014, 04:46:17 AM

Quote from: falllling on June 12, 2014, 04:45:21 AM

Perfect name for this kind of FUD.

I'm far from being bearish, but you have to admit this is a possibility. I attribute low likelyhood to it, but in fact I probably wouldn't say no to buying a few bitcoins around $266-$300 (depending on the level of panic then and how big my hope would be for price to crash even below the $266 old ath, I might wait a little longer, though).

Ah well, the dreams of a bear.

However, also some sinister-sounding analysts warn of the possibility of bitcoin returning to a less inclined uptrend channel:

BITCOIN - Could it confound the BULLS?

I'm remaining bullheadedly in the ultra-bull-camp, though. $3-7k soon Wink

HDL!

sickpig

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Quote from: falllling on June 12, 2014, 03:38:24 AM

Quote from: sickpig on June 12, 2014, 03:35:30 AM

Quote from: zimmah on June 12, 2014, 03:27:53 AM

Quote from: falllling on June 12, 2014, 01:41:35 AM

Quote from: pepo on June 12, 2014, 01:25:17 AM

Bitcoin gone mainstream , relax and enjoy the ride

i would say, enjoy the price dropping plus money losing and maybe a full market crushing to $5xx and $4xx very soon!
thanks for the mtgox 800k + 200k lost coins and the China ban, there will be no more $1000 crazy buy, face the reality, $6xx is already the top bubble, time to calm down

Fonzie, is that you?

Is Fonzie falllling ? :-)

the answer is no and it doesn't matter

I was just playing with words. Maybe it would have been clearer if I had used "falling" instead, nevermind.

ChartBuddy

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Explanation

tarmi

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fallling is the new fonzie.

dreamspark

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*sigh, seems we have a new resident troll whos just going to tell us continually how we're going down, then disappear again when the price starts rising...

madmat

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Quote from: falllling on June 12, 2014, 04:45:21 AM

Perfect name for this kind of FUD.

falllling

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Parazyd

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Space Lord

Nobody wants to buy BTC on Bitstamp. Just my luck...

TERA

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Quote from: inca on June 12, 2014, 04:19:53 AM

I am happy to be corrected, but your last few predictions were not exactly prophetic.

We may wobble up and down a bit before the next move but day traders really cannot see the wood for the trees!

It's not a "prediction"! It's just a 'idea of a potential fractal' I had. Anyway I made another thread about it.

inca

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Quote from: TERA on June 12, 2014, 03:38:04 AM

Quote from: shmadz on June 12, 2014, 12:22:30 AM

Quote from: TERA on June 11, 2014, 11:54:51 PM

based on a potential fractal I noticed.

please tell me this fractal is from 2012 Grin

seriously, just add a couple zero's onto those prices and boom! it's like time travel! Grin

Here's a rough version of my fractal idea (bearish case scenario):

I am happy to be corrected, but your last few predictions were not exactly prophetic.

We may wobble up and down a bit before the next move but day traders really cannot see the wood for the trees!

Cassius

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Quote from: dreamspark on June 12, 2014, 04:13:55 AM

Quote from: Cassius on June 12, 2014, 04:11:09 AM

Quote from: dreamspark on June 12, 2014, 04:03:36 AM

Still no real explanation for Stamps lagging behind ? With the amount of USD longs on Finex I would have thought some people would have panicked and bought them back into line...

Rather than this suggesting Stamp's insolvency/Goxxery, it suggests that Stamp has temporarily become the go-to exchange for cashing out coins. People are buying/trading elsewhere and selling/withdrawing on Stamp. Curious. That suggests somewhere else is experiencing fiat withdrawal issues. Another round of Chinese games to come?

I don't think it says anything about their solvency, insolvency would normally cause people to get their coins out asap which would have the opposite effect. The explanation that its the go to cash out place could hold but why all of a sudden ? Somethings definitely brewing, would have thought someone would be arbing the gap as its been pretty constant.

The alternative is that it's one whale continually selling for reasons unknown to the rest of us. Someone earlier in the thread suggested it was one seller. I don't know how you establish that, or why the arb bots aren't taking care of the gap.
Some people have said it's easy to get money out but not in, without the rubber glove treatment. I guess that might incentivise a few to buy elsewhere and go to Stamp to cash out.
None of these explanations are really satisfactory to me, though. But insolvency does not fit either.

dreamspark

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Quote from: Cassius on June 12, 2014, 04:11:09 AM

Quote from: dreamspark on June 12, 2014, 04:03:36 AM

Still no real explanation for Stamps lagging behind ? With the amount of USD longs on Finex I would have thought some people would have panicked and bought them back into line...

Rather than this suggesting Stamp's insolvency/Goxxery, it suggests that Stamp has temporarily become the go-to exchange for cashing out coins. People are buying/trading elsewhere and selling/withdrawing on Stamp. Curious. That suggests somewhere else is experiencing fiat withdrawal issues. Another round of Chinese games to come?

I don't think it says anything about their solvency, insolvency would normally cause people to get their coins out asap which would have the opposite effect. The explanation that its the go to cash out place could hold but why all of a sudden ? Somethings definitely brewing, would have thought someone would be arbing the gap as its been pretty constant.

Cassius

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Quote from: dreamspark on June 12, 2014, 04:03:36 AM

Still no real explanation for Stamps lagging behind ? With the amount of USD longs on Finex I would have thought some people would have panicked and bought them back into line...

Rather than this suggesting Stamp's insolvency/Goxxery, it suggests that Stamp has temporarily become the go-to exchange for cashing out coins. People are buying/trading elsewhere and selling/withdrawing on Stamp. Curious. That suggests somewhere else is experiencing fiat withdrawal issues. Another round of Chinese games to come?

dreamspark

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Activity: 798

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Still no real explanation for Stamps lagging behind ? With the amount of USD longs on Finex I would have thought some people would have panicked and bought them back into line...

ChartBuddy

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

falllling

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Quote from: sickpig on June 12, 2014, 03:35:30 AM

Quote from: zimmah on June 12, 2014, 03:27:53 AM

Quote from: falllling on June 12, 2014, 01:41:35 AM

Quote from: pepo on June 12, 2014, 01:25:17 AM

Bitcoin gone mainstream , relax and enjoy the ride

i would say, enjoy the price dropping plus money losing and maybe a full market crushing to $5xx and $4xx very soon!
thanks for the mtgox 800k + 200k lost coins and the China ban, there will be no more $1000 crazy buy, face the reality, $6xx is already the top bubble, time to calm down

Fonzie, is that you?

Is Fonzie falllling ? :-)

the answer is no and it doesn't matter

TERA

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Merit: 500

Quote from: shmadz on June 12, 2014, 12:22:30 AM

Quote from: TERA on June 11, 2014, 11:54:51 PM

based on a potential fractal I noticed.

please tell me this fractal is from 2012 Grin

seriously, just add a couple zero's onto those prices and boom! it's like time travel! Grin

Here's a rough version of my fractal idea (bearish case scenario):

sickpig

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Quote from: zimmah on June 12, 2014, 03:27:53 AM

Quote from: falllling on June 12, 2014, 01:41:35 AM

Quote from: pepo on June 12, 2014, 01:25:17 AM

Bitcoin gone mainstream , relax and enjoy the ride

i would say, enjoy the price dropping plus money losing and maybe a full market crushing to $5xx and $4xx very soon!
thanks for the mtgox 800k + 200k lost coins and the China ban, there will be no more $1000 crazy buy, face the reality, $6xx is already the top bubble, time to calm down

Fonzie, is that you?

Is Fonzie falllling ? :-)

Todorius

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Now that the trolls come out of their hiding again ( I really did enjoy the short period of calmness without these assh**es posting their regular s**t in this subforum (looking at you Jorge, Fonzi, etc), sorry for the drastic words )
I want to kindly remind you of what happened in 2013:

Notice the similarities starting from the July bottom back then to the maximum in early September. Perfect retracement to the first Fibo support level at 115, then a stabilization at around 120-125, then sideways action for a few weeks.

We now might be seeing the same here. Testing suppor at the first Fibo Level, slightly over 600, then recovering to 620-640, then a few weeks of sideways action. I don't think a flashcrash like the SR closure in early October 2013 will happen this time.
And then in early July, the real rally will probably start.

zimmah

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Quote from: falllling on June 12, 2014, 01:41:35 AM

Quote from: pepo on June 12, 2014, 01:25:17 AM

Bitcoin gone mainstream , relax and enjoy the ride

i would say, enjoy the price dropping plus money losing and maybe a full market crushing to $5xx and $4xx very soon!
thanks for the mtgox 800k + 200k lost coins and the China ban, there will be no more $1000 crazy buy, face the reality, $6xx is already the top bubble, time to calm down

Fonzie, is that you?

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