wow i just can't stop looking at bitcoinwisdom 
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 27696. (Read 26711840 times)
May 20, 2014, 10:30:03 AM
wow i just can't stop looking at bitcoinwisdom May 20, 2014, 10:29:58 AM
So when will we see the moon?
tonight! just look at the sky when it's already dark outside 
Mooooon
May 20, 2014, 10:29:27 AM
watch at huobi when it comes back online.
btcchina is 40 cny higher
btcchina is 40 cny higher
May 20, 2014, 10:29:18 AM
So, panic buying once $475 is broken?
I have the finger pointed on the red button personally. Jumping in @ 480.
Aaand...
May 20, 2014, 10:28:52 AM
May 20, 2014, 10:27:55 AM
May 20, 2014, 10:27:40 AM
some big seller probably triggered a panic buy, so he could dump with a better price
quoted for the lulz. C'mon at least come up with something better than that.
May 20, 2014, 10:27:40 AM
May 20, 2014, 10:26:28 AM
some big seller probably triggered a panic buy, so he could dump with a better price
May 20, 2014, 10:25:46 AM
I love watching the demographic during rallies and crashes, its hilarious.
There are certain people that you can guarantee will be offering all their knowledge of how they knew it was going up/down while it goes in the direction of their book but are nowhere to be seen when its going the other. Probably too busy trying to hit the close short button with their bear paws
There are certain people that you can guarantee will be offering all their knowledge of how they knew it was going up/down while it goes in the direction of their book but are nowhere to be seen when its going the other. Probably too busy trying to hit the close short button with their bear paws
May 20, 2014, 10:24:39 AM
daily volume is still low ... we have to wait. looks more like some panic buys because there was no drop to the down side.
why would that indicate a panic buy?
Maybe people feel safe to buy, because they think the bottom is in?
I think there is enough genuine indicators that we are changing long term trend that large money has more confidence than it has since last year.
As always, I think it heavily depends on your appetite for risk...
Balls of steel, and there at the right time? buying at $340
Don't care about bear market, it feels cheap? $420
Waiting for some confirmation, like break of long term downtrend? $470 (now)
Further confirmation by volume and price? Probably around $520.
Kinda slow to get in, but at least you know we're done with the downtrend for good? Above SMA200, ~$620
My point is, I wouldn't count on "big money" getting in right now just because we broke a bit of resistance. But another group of people sitting on fiat saw a few more signs that we're (slowly, maybe) turning around, and got in. I'm one of them.
I think "big money" will buy in small today. Enough technical indicators have fired today to start bots making small buys, I think if you look back at today from the last few weeks volume will be considerably larger. Do I think they have all jumped on board Richard Bransons moon rocket v 1.2348 today? no. But I do think some buys have been made by some large players when we broke that 465 long term downtrend line.
May 20, 2014, 10:24:26 AM
So, panic buying once $475 is broken?
I have the finger pointed on the red button personally. Jumping in @ 480.
Aaand...
May 20, 2014, 10:23:03 AM
May 20, 2014, 10:18:57 AM
daily volume is still low ... we have to wait. looks more like some panic buys because there was no drop to the down side.
why would that indicate a panic buy?
Maybe people feel safe to buy, because they think the bottom is in?
I think there is enough genuine indicators that we are changing long term trend that large money has more confidence than it has since last year.
As always, I think it heavily depends on your appetite for risk...
Balls of steel, and there at the right time? buying at $340
Don't care about bear market, it feels cheap? $420
Waiting for some confirmation, like break of long term downtrend? $470 (now)
Further confirmation by volume and price? Probably around $520.
Kinda slow to get in, but at least you know we're done with the downtrend for good? Above SMA200, ~$620
My point is, I wouldn't count on "big money" getting in right now just because we broke a bit of resistance. But another group of people sitting on fiat saw a few more signs that we're (slowly, maybe) turning around, and got in. I'm one of them.
May 20, 2014, 10:18:18 AM
daily volume is still low ... we have to wait. looks more like some panic buys because there was no drop to the down side.
More volume in a couple of hour than last week's combined. Everything is relative.
May 20, 2014, 10:17:32 AM
daily volume is still low ... we have to wait. looks more like some panic buys because there was no drop to the down side.
of course it is still low, the rally started about an hour ago and since a day has 24 hours the daily volume has barely moved. Are you going to wait a full day in a market this volatile?
hourly volume, last hour 3190 and this hour 4200 (and climbing), we're still climbing.
the last time we have seen 4200 upwards volume was April 14th, moving from the 397 bottom to a 548 top and we haven't seen both these numbers for a while. furthermore, we haven't seen two hours of this kind of volume in a row, and especially not a case where the second hour had even more volume.
These are pretty strong signs, combined with multiple cases of broken resistance lines.
CCMF
/edit the volume of this hour is now 4600 and climbing and last WEEK we had a total volume of ~44000, so we have ~17% of last weeks volume in the past two hours
/edit2 as far back as the chart history goes we have not seen an hourly volume of 5000+ there probably never was this kind of volume before except during the november bull run!
May 20, 2014, 10:17:22 AM
So, panic buying once $475 is broken?
I have the finger pointed on the red button personally. Jumping in @ 480.
May 20, 2014, 10:15:35 AM
So, panic buying once $475 is broken?
May 20, 2014, 10:15:09 AM
I wonder when TERA will acknowledge the fractal pattern has been broken. Maybe still too early, but this could go in the right direction (north)
May 20, 2014, 10:15:01 AM
OMG CCMF !!!!1
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