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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28003. (Read 26710374 times)

sr. member
Activity: 308
Merit: 250
looks like huobi started a pump again.
donator
Activity: 1722
Merit: 1036
Not denying that. I just have the feeling the market wants to go up but gets stopped because this shit every time.

Perhaps it does, but that is only possible because there is so little determination with the buyers. As long as they wait, the price stays low. When they start to pre-empt each other, it rises. It may (and likely will) take months before it happens. The bottom, however, is established here, it is not $200. Every week brings more certainty to that.

With $100 million of new money who are not satisfied with anything else but Bitcoins, the market would be $100 or so higher.

With $1 billion, we would be nearing ATH.

In our runup to $5,000, about $6 billion of fresh money need to be invested. None of us has this money. It is the new generation.

If you are unsure whether Bitcoin receives this "financing round" or not, just take confidence in the fact that everyone in the world can participate, there are no minimums, no maximums, no lock-in periods, and the "company" has no burn rate and its economy becomes better even while waiting for the capital injection.

legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 672
Merit: 500
There may be a turnaround at or below 200$.
So there's still enough space to the downside, imho.



First i think that graph looks real bad but then i realize that whole downfall is caused by MtGox and China fud. That gives me hope for the future.

China and Mt Gox aren't over yet, they both have some way to run.

Not denying that. I just have the feeling the market wants to go up but gets stopped because this shit every time.
legendary
Activity: 1918
Merit: 1018
There may be a turnaround at or below 200$.
So there's still enough space to the downside, imho.



This is a scary chart but we can break those lines and resume the bull market if everyone get excited again
hero member
Activity: 798
Merit: 1000
Did anyone see this article? http://www.theregister.co.uk/2014/04/25/supertrips_silk_road_dealer_facing_40year_term_for_dvd_drug_imports/

With this drug bust the feds have taken the guys Bitcoins and converted them into USD ($3M). Why were they able to do this now but not with DPR?

Because he's pleading guilty.

Ah okay got it.

Small tip for all you drugs entrepreneurs out there: may be traveling to or residing in the US is a bad idea Wink

Im fairly sure thats why but reading it again its a bit more ambiguous

"In addition to that, federal agents are asking to keep the $3,030,000-worth of Bitcoins that the government collected from Slomp, and which have already been converted into cash."

That makes it sound like maybe they did convert it to cash before he said he would plead guilty. Perhaps its because he's not a US citizen then.
member
Activity: 91
Merit: 10
There may be a turnaround at or below 200$.
So there's still enough space to the downside, imho.



First i think that graph looks real bad but then i realize that whole downfall is caused by MtGox and China fud. That gives me hope for the future.

China and Mt Gox aren't over yet, they both have some way to run.
hero member
Activity: 798
Merit: 1000
Did anyone see this article? http://www.theregister.co.uk/2014/04/25/supertrips_silk_road_dealer_facing_40year_term_for_dvd_drug_imports/

With this drug bust the feds have taken the guys Bitcoins and converted them into USD ($3M). Why were they able to do this now but not with DPR?

Because he's pleading guilty.
donator
Activity: 1722
Merit: 1036
In 2014-3-30, the exponential trendline model gave a buy signal at $460 and the price has been unable to go below it for any extended time even after 4 weeks.

In 2013-11-23 it gave a sell signal at $872 (SlipperySlope's 0.40 confidence) or 2013-11-28 at $1,056 (my 0.45 confidence). It was also unable to stay above it for any extended time.
hero member
Activity: 672
Merit: 500
There may be a turnaround at or below 200$.
So there's still enough space to the downside, imho.



First i think that graph looks real bad but then i realize that whole downfall is caused by MtGox and China fud. That gives me hope for the future.
full member
Activity: 395
Merit: 100
Market Integration Platform
There may be a turnaround at or below 200$.
So there's still enough space to the downside, imho.



No.
member
Activity: 92
Merit: 10
There may be a turnaround at or below 200$.
So there's still enough space to the downside, imho.

legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 434
Merit: 250
Only  a fool will trust in bitcoin.
Soon it will go back to 350 Dollar mark
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 798
Merit: 1000
Huobi rising while Stamps falling, we saw a $20 or so gap between the two yesterday (GMT) and over night the gap has been closed to $6.



Chinese coming to the West. 5k walls soon

Maybe coins that the Chinese already have but look at the Chinese order books, they're so thin that you would struggle to buy 5k just to arb.

The thing that I always think is that yes there will always be those who stick around and hold out hope till the very end but surely most people in China who want out completely have had so much time do it especially as they can read the news without google translate!
legendary
Activity: 2324
Merit: 1125
Based on my research, I don't believe we will see 435 ever again (Bitstamp). If someone is willing to bet (I naturally expect much better than 1:1 for me), PM please.

Chart1 & Chart2.

This is just the 2013-7-18 again. No looking back (when you least expect it).

If you want much better than 1:1 odds I wonder what real chance you give your own prediction? Those odds indicate significantly lower than 50%.
legendary
Activity: 1428
Merit: 1000
Huobi rising while Stamps falling, we saw a $20 or so gap between the two yesterday (GMT) and over night the gap has been closed to $6.



Chinese coming to the West. 5k walls soon
legendary
Activity: 924
Merit: 1001
The event unfolded as an ABC corrective pattern, stunted at 440. I would bet that we never see under 400 again. I think Im going to make a bet on bitbet - '4000 before 400'

After staking your analysis reputation on price hitting $580 before $480, and losing, you are forbidden to guess price any further.

oh my 'analysis reputation' aye? haha  Cheesy i did not stake my 'analysis reputation' or any future analysis. lol. forbidden? I thought you might give me some credit when it bounced squarely of 480 on stamp before the c wave, you probably saw the chart. nope, but I only get credit for my losers around here. selective bastards. you will see plenty analysis to come I promise. I might pm you some of my best work  Wink
hero member
Activity: 672
Merit: 500
Based on my research, I don't believe we will see 435 ever again (Bitstamp). If someone is willing to bet (I naturally expect much better than 1:1 for me), PM please.

Chart1 & Chart2.

This is just the 2013-7-18 again. No looking back (when you least expect it).

As much as i want to agree with you i never understand how people make these "never see again" claims. I too think we will go up again but 1 fud article from China in the next 5 minutes and we will be at 420 before you can blink your eyes. How can just rule that out?
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