Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28679. (Read 26709837 times)
March 28, 2014, 05:42:43 PM
Let them come down a bit. Make them feel 499 is good enough.
March 28, 2014, 05:41:17 PM
Oh ok thanks a lot Ill give it a go.
March 28, 2014, 05:39:52 PM
^^ true that, but short term analysis says that the short term fiat was spent. huge volume came on that third wave. we were even treated to a fifth wave of panic. the bears are exhausted. The nubs have sold.
Would you mind posting a chart of your EW analysis?
I wonder if you could help me, I have no clue how to post images on this site.
Ill click
You have to copy the URL inside the brackets. Use tinypic or another image uploader.
It should look loke this:
IMG]http://i58.tinypic.com/2vjc1mb.jpg[/img]
March 28, 2014, 05:39:05 PM
Hmm. China actually kind of IS sparking right now. Up to 3013y on Huobi.
more significant by a mile is Bitstamp. Thats what I call a spark.
March 28, 2014, 05:38:00 PM
All aboard the invincible Kim Jong Bittrain, it will provide a comfortable trip this weekend.
March 28, 2014, 05:36:26 PM
^^ true that, but short term analysis says that the short term fiat was spent. huge volume came on that third wave. we were even treated to a fifth wave of panic. the bears are exhausted. The nubs have sold.
Would you mind posting a chart of your EW analysis?
I wonder if you could help me, I have no clue how to post images on this site.
Ill click
March 28, 2014, 05:35:36 PM
Jorge wants those coins cheap!
March 28, 2014, 05:30:11 PM
Chinese Slumber Method prediction for Saturday March 29
Prediction valid for: Saturday 2014-03-29, 19:00--19:59 UTC (not before, not after)
Huobi's predicted price: 2858 CNY.
Bitstamp's predicted price: 470 USD.
Plot legend
On the last two nights (Mar/27 and 28), after the last crash, Huobi saw significant volume at the Slumber Time (S = 0.008 and 0.004, respectively) but the data points are still usable (W = 0.28 and 0.75). Thus it seems reasonable to assume that they define a new straight-line trend after the crash, namely A + B*(d-d0), where d is the day of the month, d0 = 27, A = 3126, B = -134.
The Bitstamp prediction, as usual, is the Huobi prediction divided by the currency conversion factor R, which was assumed to be 6.08 CNY/USD (it was 6.08, 6.03, 6.12, 6.10 at the last four Slumber Times).
NOTE: The dark background seemed more appropriate for the candleflame icon and for these dark and stormy times.
Prediction valid for: Saturday 2014-03-29, 19:00--19:59 UTC (not before, not after)
Huobi's predicted price: 2858 CNY.
Bitstamp's predicted price: 470 USD.
Plot legend
On the last two nights (Mar/27 and 28), after the last crash, Huobi saw significant volume at the Slumber Time (S = 0.008 and 0.004, respectively) but the data points are still usable (W = 0.28 and 0.75). Thus it seems reasonable to assume that they define a new straight-line trend after the crash, namely A + B*(d-d0), where d is the day of the month, d0 = 27, A = 3126, B = -134.
The Bitstamp prediction, as usual, is the Huobi prediction divided by the currency conversion factor R, which was assumed to be 6.08 CNY/USD (it was 6.08, 6.03, 6.12, 6.10 at the last four Slumber Times).
NOTE: The dark background seemed more appropriate for the candleflame icon and for these dark and stormy times.
March 28, 2014, 05:28:19 PM
Hmm. China actually kind of IS sparking right now. Up to 3013y on Huobi.
March 28, 2014, 05:17:53 PM
^^ true that, but short term analysis says that the short term fiat was spent. huge volume came on that third wave. we were even treated to a fifth wave of panic. the bears are exhausted. The nubs have sold.
Would you mind posting a chart of your EW analysis?
March 28, 2014, 05:16:49 PM
.... is there infinite fiat on the exchanges? No?
Then STFU.
Then STFU.
Here let me go count all the fiat. You can enjoy some hold music while you wait: https://www.youtube.com/watch?v=BUlIv3Ca8AI
March 28, 2014, 05:15:34 PM
^^ true that, but short term analysis says that the short term coins were spent. huge volume came on that third wave. we were even treated to a fifth wave of panic. the bears are exhausted. The nubs have sold.
March 28, 2014, 05:13:40 PM
Already 550BTC of asks to replenish the 1.25kBTC buy in just a minute? How is that not bearish...
Because right now there is pretty much infinitely more fiat in the world than coins.... coins are rare..... is there infinite fiat on the exchanges? No?
Then STFU.
Bottom line -- "coins are rare and fiat is not" is a horrible basis for short-term analysis.
March 28, 2014, 05:12:53 PM
^^ 
you could say he's got a short temper
you could say he's got a short temper
March 28, 2014, 05:12:33 PM
Already 550BTC of asks to replenish the 1.25kBTC buy in just a minute? How is that not bearish...
Because right now there is pretty much infinitely more fiat in the world than coins.... coins are rare..... is there infinite fiat on the exchanges? No?
Then STFU.
Hmm. You could say his manner is a bit short.
March 28, 2014, 05:11:17 PM
Already 550BTC of asks to replenish the 1.25kBTC buy in just a minute? How is that not bearish...
Because right now there is pretty much infinitely more fiat in the world than coins.... coins are rare..... is there infinite fiat on the exchanges? No?
Then STFU.
Hmm. You could say his manner is a bit short.
March 28, 2014, 05:08:34 PM
Goddammit I'm bitcoin's worst trader, today's masterpiece: I shorted at 487.
Simply doing the opposite of my decisions is one of the best indicators available
Simply doing the opposite of my decisions is one of the best indicators available
why do you keep shorting? we're like really close to bottom... we might even be below bottom.
hehe
I don't know, after I have lost 21 bitcoins at MtGox I have been trying to trade as aggressively as possible with my remaining 4 bitcoins only on 2.5 leverage to somehow have a chance at getting my savings back
Quite a sad story, especially since bitcoin's price was to me in fact always the least interesting aspect of this technology
:-( Sorry to hear. Well if you have only 4 left you could give it a try and go leveraged long until 600 and don´t trade in between.
March 28, 2014, 05:06:23 PM
Goddammit I'm bitcoin's worst trader, today's masterpiece: I shorted at 487.
Simply doing the opposite of my decisions is one of the best indicators available
Simply doing the opposite of my decisions is one of the best indicators available
why do you keep shorting? we're like really close to bottom... we might even be below bottom.
hehe
I don't know, after I have lost 21 bitcoins at MtGox I have been trying to trade as aggressively as possible with my remaining 4 bitcoins only on 2.5 leverage to somehow have a chance at getting my savings back
Quite a sad story, especially since bitcoin's price was to me in fact always the least interesting aspect of this technology
this is probably why bitcoin is so god damn low
everyone is shorting max leverage to cover gox loses
PS if you take a long at above 510 you really need to stop what your doing and HODL!
March 28, 2014, 05:03:49 PM
Goddammit I'm bitcoin's worst trader, today's masterpiece: I shorted at 487.
Simply doing the opposite of my decisions is one of the best indicators available
Simply doing the opposite of my decisions is one of the best indicators available
Close your shorts immediately and go long to recover losses (or lose double if it goes down to 440$ afterwards)
.... go long now to cover losses, and perhaps double capital. here comes mr. string beans.
March 28, 2014, 05:02:47 PM
Goddammit I'm bitcoin's worst trader, today's masterpiece: I shorted at 487.
Simply doing the opposite of my decisions is one of the best indicators available
Simply doing the opposite of my decisions is one of the best indicators available
Close your shorts immediately and go long to recover losses (or lose double if it goes down to 440$ afterwards)
Jump to: