Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28072. (Read 26710226 times)

legendary
Activity: 2338
Merit: 1035
Tomorrow should be the day to make mad stacks Wink
legendary
Activity: 924
Merit: 1001


long consolidation lasting days. this contracting wedge needs to break out soonish, rule of thumb, it will continue in the direction in came. UP.
breaking support at 470ish is quite bearish, although this has been proven very hard to do in bearish cases in the last few days. there is much support.
hero member
Activity: 672
Merit: 500
I really thought we would be going up but i have a feeling it might go the other way again soon.
I think it's because the 5 or so times we did go up someone dumped on it right away. Can't blame people for not buying anymore.
sr. member
Activity: 266
Merit: 250
Blitz:The price affects the perception of the news
what's up with that dump at btc-e? LOL  Grin
That's a really good question.
sr. member
Activity: 336
Merit: 250
what's up with that dump at btc-e? LOL  Grin
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 947
Merit: 1008
central banking = outdated protocol
I see very little downside for the price for the next two months with a possible slight and brief exception. We (most likely IMO) are going sideways and up... get ready for rocket moon bull trains on mars by end of June at the latest.

People start to buy in tepidly at first and gain confidence as time goes on and price goes sideways and slightly up for a while. Soon, bad news doesn't seem to affect price at all and any good news seemingly shoots the price up with ease.
legendary
Activity: 1512
Merit: 1000
we are lacking sufficient buy support for a strong rally ATM though.  It's weird though how all the buys just come out of the wood works when prices start climbing.   I know there is a lot of cash waiting on the sidelines, but it is truly amazing how quickly it all floods in...

ahh, keithers, I think I remember you from the ole days, but now my memories are fading,

one thing seems consistent, that cash on the sidelines always seems to flood in when you're least expecting it...

The only people I know with a lot of cash made it from selling. so why the hell would they buy back unless the price drops?

Surely you can work the logic out on that one for yourself.
legendary
Activity: 1106
Merit: 1007
Hide your women
we are lacking sufficient buy support for a strong rally ATM though.  It's weird though how all the buys just come out of the wood works when prices start climbing.   I know there is a lot of cash waiting on the sidelines, but it is truly amazing how quickly it all floods in...

ahh, keithers, I think I remember you from the ole days, but now my memories are fading,

one thing seems consistent, that cash on the sidelines always seems to flood in when you're least expecting it...

The only people I know with a lot of cash made it from selling. so why the hell would they buy back unless the price drops?
legendary
Activity: 1512
Merit: 1000
@theshmadz
we are lacking sufficient buy support for a strong rally ATM though.  It's weird though how all the buys just come out of the wood works when prices start climbing.   I know there is a lot of cash waiting on the sidelines, but it is truly amazing how quickly it all floods in...

ahh, keithers, I think I remember you from the ole days, but now my memories are fading,

one thing seems consistent, that cash on the sidelines always seems to flood in when you're least expecting it...
sr. member
Activity: 332
Merit: 250
I think BTC/USD will be 1/2000$ In 2014 Roll Eyes
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
we are lacking sufficient buy support for a strong rally ATM though.  It's weird though how all the buys just come out of the wood works when prices start climbing.   I know there is a lot of cash waiting on the sidelines, but it is truly amazing how quickly it all floods in...
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
Breakout - high or low - is coming soon.

The triangle is closing.

We are overdue for a solid rally, so I am hoping for a breakout high.  We have had plenty of opportunities to stock up on lower priced BTC lately, and with the amount of adoption occurring daily, it is only a matter of time until we have a significant rise..
legendary
Activity: 924
Merit: 1001
Breakout - high or low - is coming soon.

The triangle is closing.

can you give us an illustration of the triangle?
legendary
Activity: 2156
Merit: 1070
Breakout - high or low - is coming soon.

The triangle is closing.
legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

This concept loses its meaning in forex.  

Yes and no. If you have ways of using the foreign currency, you do not have to "cash it out" but if you need to turn it back into your local currency, then it is just like cashing it out. Having inherited pounds but living in a dollar world, that is my life. Of course, from time to time if I go on vacation, I get to spend some pounds.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 770
Merit: 501
well said.
sadly i expect more and more of this stuff to show up the bigger the threat of bitcoin grows for existing structures.
populism has always been the best instrument to move the masses.

Thankfully, the decentralised nature of internet and cryptocurrencies offer a great medium of resistance against the existing structures. I'm sure more and more people will get tired of their shit and start to use rationality.

depends on the scale of education & free speech/thinking in a society and how much the internet will stay decentralised in the coming years.
i haven't seen too much rationality talking to john does about the snowden affair so i don't expect that to change as long as facebook isn't blocked.
it seems there's still a lot of room to make things worse until people start to oppose.
social networks' role during arab spring was definitively an aha experience for the class in charge to make plans for the future.
Jump to: