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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28658. (Read 26714225 times)

legendary
Activity: 2016
Merit: 1259
does somebody have the link to this site where you can watch multiple charts of bitcoinwisdom?






http://hypron.net/bitcoinwisdom.html
hero member
Activity: 560
Merit: 500
I wonder why there was no volume and no price chang on Saturday, and so much of it today.  Perhaps:

Over the years here is the general trend, if it matters:
1) price generally rose, with early-week being strong buy days. This was apparently because cash sent to Gox anytime during the week often became available in one's account Monday-Wednesday, and people bought as soon as their cash hit their account.
2) this got slowly pushed back until Monday became (and I believe statistically may still be) the strongest buy day. I have seen statistics posted here several times with either Sunday or Monday as highest buy days, Thursday biggest sell days.
3) so gradually people started buying late Sunday night in anticipation of Monday morning. They had been storing cash to front-run the coming buys.
4) this was fairly quickly pushed back further until many buys started happening @ noon (EST) Sunday
5) around the time between #3-4 the Chinese entered the market in larger numbers. Whether it is the cause or not is unknown but larger buys/sells began happening between 2-7AM EST (when the West was apparently sleeping).
6) With the rise in popularity of Bitcoin, skyrocketing price and amount/impact of news it seems harder to find a general pattern in the buys/sells but perhaps Sunday remains a sentimental day for action.
hero member
Activity: 770
Merit: 501
does somebody have the link to this site where you can watch multiple charts of bitcoinwisdom?




full member
Activity: 152
Merit: 100
Do those ppl who sell @these prices getting out of the game or just waiting to rebuy below 400 i wonder?

sold at 455 and closed at 436.4 on stamp
hero member
Activity: 658
Merit: 500
Do those ppl who sell @these prices getting out of the game or just waiting to rebuy below 400 i wonder?

I bet my ass, they're fake walls to buy lower.
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
I'd bet everything i own that the ones purchasing cheap coins right now are chinese, and the ones selling are westeners.

There should be a way to get some information on this.. to attempt to figure it out... maybe cannot be 100% direct evidence but reasonable inferences. 

Maybe a good project for Jorge?   Smiley Cheesy Grin
full member
Activity: 152
Merit: 100
newbie
Activity: 31
Merit: 0
back at 450s

mass dump incoming
hero member
Activity: 728
Merit: 540
ENOUGH. Go up!

I suggest a blue pill
hero member
Activity: 812
Merit: 1000
Do those ppl who sell @these prices getting out of the game or just waiting to rebuy below 400 i wonder?
hero member
Activity: 546
Merit: 500
hm
All that bearish sentiment. I get the same feeling as in the summer of 2013:



Keep calm and HODL Wink

edit:

130 USD ~ 720-800 USD
65 USD ~ 400-450 USD


I thought we have already been there. This was the 400$ crash a few weeks ago. Now again?

I am not pretty sure but at this price I think it is either great to buy or great to sell. Very risky. BTC-e got back to 466...
hero member
Activity: 812
Merit: 1000
every rise is met with well timed dumps, this is getting old
hero member
Activity: 812
Merit: 1000
Someone took a bite out of the wall on bitfinex and it was pulled immediately.

a sell or buy wall?
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
All that bearish sentiment. I get the same feeling as in the summer of 2013:



Keep calm and HODL Wink

edit:

130 USD ~ 720-800 USD
65 USD ~ 400-450 USD


I agree and I'm holding, but even through we've been through this several times, it's scary as hell.

I agree it is scary. Back than, I had only 5% of my assets in BTC.
Now I have, at current prices, >50% of my assets in BTC.

The first time I am very uneasy at what the exchange rate is doing, I must admit.
I bought a lot of coins above 100 USD and another batch right before the breakout (at 160-230 range)

It is a lot easier, I am sure, to deal with when you are in the black.. rather than when you are in the red.... especially if you are up more than 200%, even at these low prices... I am getting in the down 35% range... though I keep thinking that it could be worse.  I also keep thinking that I will be in the black, soon.soon, soon, soon.Huh?    Huh Huh Huh


legendary
Activity: 1680
Merit: 1045
legendary
Activity: 1680
Merit: 1045
hero member
Activity: 812
Merit: 1000
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