Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28645. (Read 26713902 times)

legendary
Activity: 924
Merit: 1001
Wait so this is now the rumor about a rumor?

yep, crazy huh.

BUY BUY BUY!

the reaction to this rumour will expose the credibility of the first.
legendary
Activity: 2156
Merit: 1070
Still does not feel like a bottom. 

We haven't seen high volume on anything yet.  This one is slow and painful.

bottoms come when sellers are exhausted (no volume left), volume comes soon before a bottom, but not at the bottom.

So we only see bottoms, like the ones in the pictures, during high volume?   

And, accordingly, I would take it that the volume is high during the bottom, and then there is a switch in direction and the volume stays high until it tapers out for consolidation or thereafter volume stays up for some time before it goes up and tapers out at a higher amount?

there is usually a last wave of divergance at the bottom, where volume is low, and price hits new extremes. Im not sure which pictures you are talking about.

We had huge volume down to 511, and a bit more down to 465. I believe that is the best volume we will see, and that was the capitulation.

I don't agree. We had much more volume the day of the capitulation in July. In addition, we are not getting much buy volume on the bounces.

I agree that sell volume was not as strong on the last push down, but buy volume was enemic.

I guess you think the worst is past us. No more issues from here. $436 is the new perma-low.
legendary
Activity: 924
Merit: 1001
Somebody wake up China, its getting late here and I want to be around for liftoff.

http://www.timeanddate.com/worldclock/sunearth.html

wakey wakey rise and shine!

the chinese are just eating some chiwawa for breakfast and then they will read in the paper that the ban was fake and they will buy  Grin

why do you think the ban is fake?

.... I never said I think it's fake, I dont know.

but there is now a rumour out that it's fake from a 'reputable' news agency.
hero member
Activity: 686
Merit: 500
Ultranode
If you haven't seen it already, Bobby Lee discussing fake trade data:

https://www.youtube.com/watch?v=2M12zzwNkCo&t=12m35s

 Cheesy Cheesy Cheesy
newbie
Activity: 53
Merit: 0
Somebody wake up China, its getting late here and I want to be around for liftoff.

http://www.timeanddate.com/worldclock/sunearth.html

wakey wakey rise and shine!

the chinese are just eating some chiwawa for breakfast and then they will read in the paper that the ban was fake and they will buy  Grin

why do you think the ban is fake?
legendary
Activity: 924
Merit: 1001
Somebody wake up China, its getting late here and I want to be around for liftoff.

http://www.timeanddate.com/worldclock/sunearth.html

wakey wakey rise and shine!

the chinese are just eating some chiwawa for breakfast and then they will read in the paper that the ban was fake and they will buy  Grin
legendary
Activity: 924
Merit: 1001
Still does not feel like a bottom. 

We haven't seen high volume on anything yet.  This one is slow and painful.

bottoms come when sellers are exhausted (no volume left), volume comes soon before a bottom, but not at the bottom.

So we only see bottoms, like the ones in the pictures, during high volume?   

And, accordingly, I would take it that the volume is high during the bottom, and then there is a switch in direction and the volume stays high until it tapers out for consolidation or thereafter volume stays up for some time before it goes up and tapers out at a higher amount?

there is usually a last wave of divergance at the bottom, where volume is low, and price hits new extremes. Im not sure which pictures you are talking about.

We had huge volume down to 511, and a bit more down to 465. I believe that is the best volume we will see, and that was the capitulation.
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
Still does not feel like a bottom.  

We haven't seen high volume on anything yet.  This one is slow and painful.

bottoms come when sellers are exhausted (no volume left), volume comes soon before a bottom, but not at the bottom.

So we only see bottoms, like the ones in the pictures, during high volume?  

And, accordingly, I would take it that the volume is high during the bottom, and then there is a switch in direction and the volume stays high until it tapers out for consolidation or thereafter volume stays up for some time before it goes up and tapers out at a higher amount?

So we may see another $536 or something like that (maybe lower) before we go back up.. is that what you are saying?
legendary
Activity: 1680
Merit: 1001
CEO Bitpanda.com
Somebody wake up China, its getting late here and I want to be around for liftoff.

Are you sure it will be liftoff? Might be another dump ahead of us!
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
So, I am simply a fool: "Remember, Caesar, thou art mortal."

You mock people when they most need the courage of their convictions, not when they need humility.

Creekbore does NOT seem to be too good at either social graces or tactful lashings out, but he does seem to be working on improving his application of these, at least from time to time.  

If he is NOT too rash in his posts, he may get better at this, so I have NOT completely lost hope in him, yet.  But, I tend to be charitable like that.  Cheesy
legendary
Activity: 924
Merit: 1001
Still does not feel like a bottom. 

We haven't seen high volume on anything yet.  This one is slow and painful.

bottoms come when sellers are exhausted (no volume left), volume comes soon before a bottom, but not at the bottom.
legendary
Activity: 2156
Merit: 1070
Still does not feel like a bottom. 

We haven't seen high volume on anything yet.  This one is slow and painful.
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
If any of you are buying BTC through Coinbase, you will see that currently, at this moment, they have this message up.

Quote from: Coinbase
Note! We've exceeded our normal buy limits for today. If you would still like to purchase you will receive the market price of bitcoin on Friday Apr 4, 2014 at 03:54PM PDT after your funds have arrived. read more

In my experience, the NOTICE may NOT stay up all day b/c Coinbase may be able to get back into business at some time within the next few hours.  However, these kinds of NOTICE(s) from Coinbase (which happens from time to time) can be kind of irritating when Coinbase happens to be the vehicle through which a person invests from fiat into BTC and s/he wants to take advantage of the current BTC market prices.    

And, I believe that it has been speculated in this thread, before, that Coinbase likely runs out of Fiat on bitstamp and they are unable to purchase more BTC until they get more fiat onto Bitstamp.. who knows?

Personally, I am o.k. for now with NOT being able to buy b/c I bought at $452; however, I may get itchy and want to buy again (my next buy point happens to be below $440, if we were to get there..... maybe NOT) and I will be unable to do buy any BTC until Coinbase removes its NOTICE and returns to business as usual.  

BTW, seeing the NOTICE (that I cannot buy BTC) makes me inclined to buy BTC more.


Edit:  Soon after I made this post, the Coinbase NOTICE disappeared off of their site.. maybe they read my disappointment in this thread and responded swiftly and appropriately?  LOL
member
Activity: 108
Merit: 10
So Peoples Bank of China announcements usually come out at 7.00am?
sr. member
Activity: 249
Merit: 250
full member
Activity: 154
Merit: 100
BTC = FREEDOM IS OUR ONLY HOPE!
/\

How many accounts have you made here by now?


Amhurst Mass~spring 2012 i first learned about BTCitcoin/TOR ! =) *cool hat in your siggy!
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
So, I am simply a fool: "Remember, Caesar, thou art mortal."

You mock people when they most need the courage of their convictions, not when they need humility.
full member
Activity: 154
Merit: 100
BTC = FREEDOM IS OUR ONLY HOPE!

DuoBTCle-BTCottom confirmed!

butcoin is back two for one deal! Wink weeeeee
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
legendary
Activity: 1615
Merit: 1000
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