Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 27727. (Read 26711749 times)
May 17, 2014, 08:05:03 AM
Speaking of Bitfinex - 8k to 500 and 8k to 350
May 17, 2014, 08:04:31 AM
meanwhile we're less than 2$ from breaking upper log trendline from november
Yes, and Stamp is currently $2 below the average price
Come on Stamp we can't move without you! 
May 17, 2014, 08:03:24 AM
I see a tiny green shoot - Bitfinex 1hr chart
May 17, 2014, 08:00:44 AM
May 17, 2014, 08:00:13 AM
to me the market seems really exhausted, buyers waiting for another crash or maybe doesn't have anymore money to dump into the market, or no buyers at all... but most sellers seems to be done dumping. now it is the patience game, the next wave of adoption has to start buying in soon or the previous adopters (not to mention earlier adopters) will start loosing faith and get sick and start cashing out some of their early investments.
May 17, 2014, 07:57:15 AM
meanwhile we're less than 2$ from breaking upper log trendline from november
May 17, 2014, 07:00:45 AM
May 17, 2014, 07:00:04 AM
Another day, again no movement...
which means the bearish pressure remains to hold off...maybe there loading up for the final dump.. maybe the bulls are just eating the coins to quickly.
I think the market has just been taking a little break before trying to break through resistance again. The average price has already started to move up a bit. I don't see the market responding very well to positive news. If someone manages to come up with some convincing bad news that could be decisive. I'm sure we will know more Monday morning.
May 17, 2014, 06:08:39 AM
Another day, again no movement...
which means the bearish pressure remains to hold off...maybe there loading up for the final dump.. maybe the bulls are just eating the coins to quickly.
May 17, 2014, 06:03:41 AM
Another day, again no movement...
May 17, 2014, 06:00:44 AM
May 17, 2014, 05:53:35 AM
next 1 month: bearish/neutral
next 1-6 months: neutral
next 6 months-10 years: bullish
after 10 years: bearish.
next 1-6 months: neutral
next 6 months-10 years: bullish
after 10 years: bearish.
May 17, 2014, 05:43:06 AM
It is interesting to observe the extremely diverse range of coexisting opinions on the price here. One group of posters will be absolutely confident that we are inevitably seeing $5000 by the summer, and the next group of posters will have lost all faith and not believe that it will even recover from this crash and hold value at all.
And you're part of which group?
I doubt he's part of this one
. 
May 17, 2014, 05:12:28 AM
It is interesting to observe the extremely diverse range of coexisting opinions on the price here. One group of posters will be absolutely confident that we are inevitably seeing $5000 by the summer, and the next group of posters will have lost all faith and not believe that it will even recover from this crash and hold value at all.
And you're part of which group?
May 17, 2014, 05:02:02 AM
It is interesting to observe the extremely diverse range of coexisting opinions on the price here. One group of posters will be absolutely confident that we are inevitably seeing $5000 by the summer, and the next group of posters will have lost all faith and not believe that it will even recover from this crash and hold value at all.
And you're part of which group?
May 17, 2014, 05:00:45 AM
May 17, 2014, 04:43:47 AM
It is interesting to observe the extremely diverse range of coexisting opinions on the price here. One group of posters will be absolutely confident that we are inevitably seeing $5000 by the summer, and the next group of posters will have lost all faith and not believe that it will even recover from this crash and hold value at all.
and these opinions seem to be perfectly balanced ATM, as indicated by the stagnant price
May 17, 2014, 04:33:47 AM
It is interesting to observe the extremely diverse range of coexisting opinions on the price here. One group of posters will be absolutely confident that we are inevitably seeing $5000 by the summer, and the next group of posters will have lost all faith and not believe that it will even recover from this crash and hold value at all.
May 17, 2014, 04:24:17 AM
that cost pre transaction is babylon it assumes everyone is mining with equipment 6-12 months out of date .
Is it? What factor should one apply to those number to get the real cost?Now, the "Network deficit", that's bollocks, maybe that's what Adams was thinking about.
May 17, 2014, 04:23:59 AM
Here are some old pictures of I have of Bitstamp "support" and "walls". Enjoy.
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