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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 27731. (Read 26711605 times)

legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
Even when we are writing about bullshit politics, such as the role of government in the "new" bitcoin world?  versus the role of libertarianism ?   versus the role of anarchy?  versus the role of socialism?  And other irrelevant matters that we do NOT really agree or know anything about?   Cheesy  for example ripple  ?   Cheesy

Quite probably. My suspicion is action brings people to the thread but the discussion is not necessarily directly linked.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1470
Merit: 1007
Does anyone else think this trend looks similar to the pre-gox-failure trend in the 800s where it kept hitting 820? I can't be the only one...

Yes, there's a lot of similarity between the two plateau phases. But in my circlejerky echochamber TA thread I just posted and argument that there is one underlying difference, possibly, maybe, kinda: better buying support now vs. then, as evidenced by money flow.
sr. member
Activity: 270
Merit: 250
Does anyone else think this trend looks similar to the pre-gox-failure trend in the 800s where it kept hitting 820? I can't be the only one...



Here is a major difference.

https://blockchain.info/charts/bitcoin-days-destroyed?timespan=1year&showDataPoints=false&daysAverageString=14&show_header=true&scale=1&address=



and again and again and again...
hero member
Activity: 728
Merit: 500
If you were watching Huobi tonight you'd see it began with a wall about 5,000K BTC high, and then there was 20,000BTC of buying, and then it ended with a wall about 4,000BTC high. The wall keeps regenerating.
hero member
Activity: 798
Merit: 1000
Does anyone else think this trend looks similar to the pre-gox-failure trend in the 800s where it kept hitting 820? I can't be the only one...



Yep but unlikely to follow through without go... sorry I mean Huobi closing Wink What news could come now that's worse than Gox?
Well if this TA was actually valid (I'm not saying it definitely is) then I think the idea is that you know that some type of event is going to reveal itself eventually because there is this persistent invisible wall at a low level where someone is distributing based on inside information, and while the whole market is bullish as hell, they keep bouncing off of this insider wall.

Fair point, still doesn't answer what could be worse than Gox ? Even if all Huobi closed I'm not sure it would have the same % terms that gox did.
hero member
Activity: 728
Merit: 500
Does anyone else think this trend looks similar to the pre-gox-failure trend in the 800s where it kept hitting 820? I can't be the only one...



Yep but unlikely to follow through without go... sorry I mean Huobi closing Wink What news could come now that's worse than Gox?
Well if this TA was actually valid (I'm not saying it definitely is) then I think the idea is that you know that some type of event is going to reveal itself eventually because there is this persistent invisible wall at a low level where someone is distributing based on inside information, and while the whole market is bullish as hell, they keep bouncing off of this insider wall.
legendary
Activity: 1193
Merit: 1003
9.9.2012: I predict that single digits... <- FAIL
Does anyone else think this trend looks similar to the pre-gox-failure trend in the 800s where it kept hitting 820? I can't be the only one...



Here is a major difference.

https://blockchain.info/charts/bitcoin-days-destroyed?timespan=1year&showDataPoints=false&daysAverageString=14&show_header=true&scale=1&address=
hero member
Activity: 798
Merit: 1000
Does anyone else think this trend looks similar to the pre-gox-failure trend in the 800s where it kept hitting 820? I can't be the only one...



Yep but unlikely to follow through without go... sorry I mean Huobi closing Wink What news could come now that's worse than Gox?
KFR
hero member
Activity: 560
Merit: 500
Per ardua ad luna
Oh noes price won't quadruple for another ten weeks... waaah... Wink
full member
Activity: 336
Merit: 100
My new view of the market:



I wouldn't be suprised to see flat for an entire year.

Even permabears are drawing uptrends again! Wink

TERA has always been a long-term bull. Yeah, I know everybody is expecting triangle breakout in days or weeks, but I also have a hunch it can be flat for couple of months.
sr. member
Activity: 270
Merit: 250
Modi is elected.. that is bullish bitcoin.

sure. and the muslim riot within three months
hero member
Activity: 672
Merit: 500
A dump after a pump? Who would've guessed!
legendary
Activity: 2044
Merit: 1005
Modi is elected.. that is bullish bitcoin.
hero member
Activity: 728
Merit: 500
Does anyone else think this trend looks similar to the pre-gox-failure trend in the 800s where it kept hitting 820? I can't be the only one...

hero member
Activity: 672
Merit: 500
I'd love to see one more drop to the 430-435 range before we go back up again.

You've had months.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
sr. member
Activity: 270
Merit: 250
huobi drop to 2769 incoming
hero member
Activity: 728
Merit: 500
Huobi blows its load of volume into the upper trendline as an orgasm of trains and rockets appears on the forum. Seems familiar. What happens next?
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