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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29720. (Read 26710527 times)

legendary
Activity: 2338
Merit: 1035
I'm hoping 588 is not a bull trap.  It's ok though it's just one position of many. 

For me, catching the falling knives is the easy part. It's knowing when to throw them back that's hard. Resistance at ~$500 has been tested twice, and held up under extreme conditions. This is the range we are in unless some other factor comes into play.

u mean support??
legendary
Activity: 1106
Merit: 1007
Hide your women
I'm hoping 588 is not a bull trap.  It's ok though it's just one position of many. 

For me, catching the falling knives is the easy part. It's knowing when to throw them back that's hard. Resistance at ~$500 has been tested twice, and held up under extreme conditions. This is the range we are in unless some other factor comes into play.
legendary
Activity: 896
Merit: 1000
Hmmm.  BTC-e back up.  My 500 bid might get filled tonight.

Better move that bid down buddy.
full member
Activity: 210
Merit: 100
Lazy, cynical and insolent since 1968
Hmmm.  BTC-e back up.  My 500 bid might get filled tonight.

Not if my $501 doesn't Smiley
sr. member
Activity: 266
Merit: 250
Blitz:The price affects the perception of the news
Hmmm.  BTC-e back up.  My 500 bid might get filled tonight.
legendary
Activity: 896
Merit: 1000
It was. I called it 2 hours ago. And I'm always right, hence my infinite riches. And the fact I still have fiat on Gox.
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
I'm hoping 588 is not a bull trap.  It's ok though it's just one position of many. 
legendary
Activity: 896
Merit: 1000
Jaroslaw my PM wont send, please place the wall at 400 on Gox. Start it small.

Thank you.

full member
Activity: 216
Merit: 100
RicePicker
So we got back to 625 and then someone puts up a wall there to make sure we go down again.
What is it with these people? When is it enough? Why the need to just take us down and then down some more? We'll be at 500 soon if this continues. Will people push it down from there on because there will be cheap coins at 300?
And the sheep in the meantime just keep selling because they think that will get their money back.
Really, when is it enough?

All the bears here, is this what you wanted? Are you extremely happy now? Or do we have to go down further? Are you people even buying coins or do you just enjoy the market crashing and everybody losing money?

I just don't understand the logic of constantly pushing down.

You don't understand psychology also.

I sodl at 629 so I could buy at 588.

Didn't I say bull trap?
legendary
Activity: 2338
Merit: 1035
man im considering shorting a few coins
full member
Activity: 128
Merit: 100
Several minutes before gox will take second place again on http://bitcoincharts.com/markets/
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
So we got back to 625 and then someone puts up a wall there to make sure we go down again.
What is it with these people? When is it enough? Why the need to just take us down and then down some more? We'll be at 500 soon if this continues. Will people push it down from there on because there will be cheap coins at 300?
And the sheep in the meantime just keep selling because they think that will get their money back.
Really, when is it enough?

All the bears here, is this what you wanted? Are you extremely happy now? Or do we have to go down further? Are you people even buying coins or do you just enjoy the market crashing and everybody losing money?

I just don't understand the logic of constantly pushing down.

You don't understand psychology also.

I sodl at 629 so I could buy at 588.
sr. member
Activity: 560
Merit: 250
"Trading Platform of The Future!"
Someone in a dumping mode on gox - 1.5k.
Cry
I was about to be rich
full member
Activity: 210
Merit: 100
Lazy, cynical and insolent since 1968
So, what a mad day thus far.

Went out for about 3 hours and return to find a $90 price bounce....WOW

It's days like this BTC is worth every satoshi just for entertainment value....no wonder JPM don't want to go near it, their traders would run out of snow.
legendary
Activity: 1008
Merit: 1003
WePower.red
Someone in a dumping mode on gox - 1.5k.
legendary
Activity: 1106
Merit: 1007
Hide your women
I'm taking a long position @ 392   Smiley

392 oz of gold? I'll sell you my $10,000 motorcycle for 10 BTC if it ever got that low.

The bottom is in, Boys.  We'd need a completely new disaster to take it lower.  
on btc.sx (where they use gox)  Tongue

Coindesk price index.  
full member
Activity: 210
Merit: 100
Lazy, cynical and insolent since 1968
legendary
Activity: 1106
Merit: 1007
Hide your women

...

The bottom is in, Boys.  We'd need a completely new disaster to take it lower.  

Bold statement!

I called it Feb 10th on the Gox announcement. That was before the DDOS attack, so I was almost wrong, but if you don't count Gox (and you shouldn't), then we hang around this level until the transaction ID patch is implemented and then start chugging back up.

Of course some completely different calamity could make me wrong (alien invasion, zombie apocalypse, Paul Krugman sex change operation...).
hero member
Activity: 1470
Merit: 504
So is anybody else getting a Host error on BTC-e?
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