Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 27323.

JimboToronto

legendary

Activity: 4200

Merit: 4887

You're never too old to think young.

Quote from: JimboToronto on June 03, 2014, 09:28:09 PM

Quote from: adamstgBit on June 03, 2014, 09:07:41 PM

please go panic dump on virtex?

I noticed that the 160 coin askwall is back on Virtex after being absent since Sunday when it appeared during the flash crash, as if to discourage a recovery, only to be moved up when the price started to rise, and removed when it was clear the flash crash was over and long before it was bought into.

160 coins may not seem like much compared to the international exchanges but it represents an average day's volume on little Virtex.

Currently it's trading at $681, approximately what it was at this morning,

Yawn.

Sure enough, after Virtex rebounded up past 690, the 160 coin ask got moved from 697 up to 704.

Pretty obvious.

Also pretty entertaining.

ChrisML

sr. member

Activity: 308

Merit: 250

Quote from: derpinheimer on June 03, 2014, 09:33:42 PM

Dump wave 2 incoming. Sell now.

We just had dump wave 2, idiot.

jl2012

legendary

Activity: 1792

Merit: 1111

Quote from: derpinheimer on June 03, 2014, 09:31:22 PM

Quote from: adamstgBit on June 03, 2014, 09:06:20 PM

Quote from: dannyspk on June 03, 2014, 09:02:13 PM

Quote from: BitChick on June 03, 2014, 08:27:32 PM

With this dump it is looking more and more like it did right before the massive run-up in November.

I guess this is a good sign then? Wink

How exactly is this dump looking similar to pre-November run up?

there was massive bear traps on the way, i know, i fell in every single one.

Sorry to break it to you, but one of these is not alike.

This formation never occurred in April or November. I really doubt this rally will reach new highs.

My personal opinion: Its done.

My personal opinion: this is just a pre-rally. It will be followed by a period of stagnation and the real rally to ATH will come

Quote from: jl2012 on May 25, 2014, 11:37:18 PM

Quote from: YipYip on May 25, 2014, 11:26:08 PM

Quote from: jl2012 on May 25, 2014, 11:19:57 PM

Look at the 1-day RSI chart. The pattern is repeating. If that's true, we should keep raising to 700-ish, stabilize at 600-ish for a month, and the real bubble begins at July.

everybody goes history does not repeat blah blah blah

But i agree this biatch certainly is doing a very good impression of the same thing ...

Maybe we should say humans repeating their same mistakes or humans not changing their behaviour in the context of (GREED/FEAR)

Further zooming out you will see this pattern has happened 3 times in a row

Jesus Christ

newbie

Activity: 25

Merit: 0

Quote from: FullLife on June 03, 2014, 09:35:10 PM

I've been out of the loop for a little bit. What caused the sudden $200+ rise over the past couple of weeks?

Me.

FullLife

hero member

Activity: 503

Merit: 500

I've been out of the loop for a little bit. What caused the sudden $200+ rise over the past couple of weeks?

vleroybrown

hero member

Activity: 1223

Merit: 506

This is who we are.

Quote from: aminorex on June 03, 2014, 09:26:45 PM

oh its going up pretty fast for a while yet

Any level of doubt I had at all in Bitcoin was completely demolished in my final economics mba class of the semester. Subject was macroeconomics, Dr. Funk asks us "what is money?" Then followed that question up with, " I'm going to use Bitcoin as an example alot tonight, believe it or not in the next 50 years it or something like it will replace the current system you use." He didn't let me talk the whole class, lol I was just dieing to say stuff and blurted a couple things out anyway! The student group I'm forming has a 25 year veteran of the Federal Reserve Bank of St Louis as our advisor. Arkansas is going to be on the map soon in bitcoin yall. Wink

excuse my typos on a mobile

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

Quote from: derpinheimer on June 03, 2014, 09:31:22 PM

Quote from: adamstgBit on June 03, 2014, 09:06:20 PM

Quote from: dannyspk on June 03, 2014, 09:02:13 PM

Quote from: BitChick on June 03, 2014, 08:27:32 PM

With this dump it is looking more and more like it did right before the massive run-up in November.

I guess this is a good sign then? Wink

How exactly is this dump looking similar to pre-November run up?

there was massive bear traps on the way, i know, i fell in every single one.

Sorry to break it to you, but one of these is not alike.

This formation never occurred in April or November. I really doubt this rally will reach new highs.

My personal opinion: Its done.

basic bitchery

derpinheimer

legendary

Activity: 896

Merit: 1000

Dump wave 2 incoming. Sell now.

MoreFun

legendary

Activity: 1008

Merit: 1003

WePower.red

Quote from: Richy_T on June 03, 2014, 09:30:24 PM

Quote from: dannyspk on June 03, 2014, 09:15:02 PM

Lol. I see. But I fail to understand how do panic sellers panic every time. Isn't there a point when you understand you don't have to?

It's part of the exponential growth thing. There's always newbs.

Not sure if newbs have so much ammo, probably combination with bots and stops.

akujin

sr. member

Activity: 336

Merit: 250

Woohoo! Placed my order before I sleep and BOOM! It's filled when I woke up today... Grin

derpinheimer

legendary

Activity: 896

Merit: 1000

Quote from: adamstgBit on June 03, 2014, 09:06:20 PM

Quote from: dannyspk on June 03, 2014, 09:02:13 PM

Quote from: BitChick on June 03, 2014, 08:27:32 PM

With this dump it is looking more and more like it did right before the massive run-up in November.

I guess this is a good sign then? Wink

How exactly is this dump looking similar to pre-November run up?

there was massive bear traps on the way, i know, i fell in every single one.

Sorry to break it to you, but one of these is not alike.

This formation never occurred in April or November. I really doubt this rally will reach new highs.

My personal opinion: Its done.

Richy_T

legendary

Activity: 2576

Merit: 2267

1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Quote from: dannyspk on June 03, 2014, 09:15:02 PM

Lol. I see. But I fail to understand how do panic sellers panic every time. Isn't there a point when you understand you don't have to?

It's part of the exponential growth thing. There's always newbs.

Post-Cosmic

full member

Activity: 175

Merit: 100

1:2.5-margin-bought @ 642 ;o

Price has to reach May 24th levels for me to get wiped.

Will hodl on through this storm like a pirate capt'n.

On to 682, matees Wink

JimboToronto

legendary

Activity: 4200

Merit: 4887

You're never too old to think young.

Quote from: adamstgBit on June 03, 2014, 09:07:41 PM

please go panic dump on virtex?

I noticed that the 160 coin askwall is back on Virtex after being absent since Sunday when it appeared during the flash crash, as if to discourage a recovery, only to be moved up when the price started to rise, and removed when it was clear the flash crash was over and long before it was bought into.

160 coins may not seem like much compared to the international exchanges but it represents an average day's volume on little Virtex.

Currently it's trading at $681, approximately what it was at this morning,

Yawn.

aminorex

legendary

Activity: 1596

Merit: 1030

Sine secretum non libertas

oh its going up pretty fast for a while yet

BBmodBB

full member

Activity: 154

Merit: 100

BTC = FREEDOM IS OUR ONLY HOPE!

typical MARKET TACTIC: out of time orders hitting the books, DON'T TRIP we saw lots of this last time up!!! Wink

beetcoin

sr. member

Activity: 434

Merit: 250

they wouldn't call it a roller coaster ride if you didn't have downswings in addition to upswings.

Jesus Christ

newbie

Activity: 25

Merit: 0

Quote from: chromosoma on June 03, 2014, 09:21:46 PM

.aaaaaand down!:)

This is how we remove the unbelievers!

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

big red hourly candle = bullish as FUCK!

chromosoma

sr. member

Activity: 434

Merit: 250

.aaaaaand down!:)

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