Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30227.

MatTheCat

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Quote from: adamstgBit on January 21, 2014, 11:57:11 AM

Bear market ends when i say so, none of this TA crap matters, thats the bottom line.

But it is not up to you, otherwise it would have been done and dusted back in December, and we would have broken through $1160 resistance and be at all time highs. But we aren't, are we?

P.S. My leveraged short is looking better and better....I should really get more BTC over to Bitfinex, convert to USD and go all in here......but I won't of course, can never be completely certain, can we.

adamstgBit

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Trusted Bitcoiner

Quote from: MatTheCat on January 21, 2014, 11:33:43 AM

Quote from: Ducky1 on January 21, 2014, 11:26:12 AM

The crash already happened, have you forgot December?

Bear market ends after Bitcoin has well undershot the 200 day EMA and has started to move back above it.

We are sill well above the 200 EMA. Infact, it would take a 60% drop in price to hit it as things currently stand, but if the last two Bitcoin crashes and post crash correction periods are anything to go by, hit it and indeed undershoot it we most certainly will.

Bear market ends when i say so, none of this TA crap matters, thats the bottom line.

MatTheCat

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Quote from: Ducky1 on January 21, 2014, 11:26:12 AM

The crash already happened, have you forgot December?

Bear market ends after Bitcoin has well undershot the 200 day EMA and has started to move back above it.

We are sill well above the 200 EMA. Infact, it would take a 60% drop in price to hit it as things currently stand, but if the last two Bitcoin crashes and post crash correction periods are anything to go by, hit it and indeed undershoot it we most certainly will.

MatTheCat

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Quote from: dgarcia on January 21, 2014, 11:20:14 AM

Stamp instantaneous realy moves like a zombie.

Wake up!

Move ya' bitch! Grin

The bots are keeping the spot price pinned to $824.99 as best they can, but anytime there is any sort of volume, the trade occurs at $820 level, before a bot puts spot price back up to $825 with another microtransaction.

The liquidity dry up at these prices is really showing the bot manipulation up across all servers.....

......the only one that looks in any way like an organic marketplace is actually Huobi, the very server that most people suspect as being the most manipulated.....or maybe their bots are just a whole smarter than those attempting to control prices on the other exchanges.

Ducky1

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📱 CARTESI 📱 INFRASTRUCTURE FOR SCA

Quote from: Bios Optimus on January 21, 2014, 10:27:25 AM

Quote from: MatTheCat on January 21, 2014, 10:21:29 AM

Quote from: JorgeStolfi on January 21, 2014, 09:23:53 AM

From what I have read here, BTC-China decided to play it safe, and stopped accepting cash deposits. They now use vouchers that one can buy at e-commerce sites -- a system which is very cumbersome at least.

Huobi and OKCoin still accept cash deposits through commercial bank accounts. I have read here that the owners are related to powerful politicians; if true, that may explain why they have chosen to run this risk. I have seen no reports of problems with withdrawals, but presumaby they must be in CNY only.

Now this interests me a lot if true. Kind of gives credence to the whole China pump n dump conspiracy theory, with the end result intended to be a few interested insiders within the Chinese Hierarchy coming into possession of a shit-load of cut price coins.

I recently explained the whole Bitcoin phenomenon and current state of affair to someone who I will describe as a Man of the Street/Wide-boy. His immediate response was that "the Chinese will go mad for Bitcoin cos it is a way of getting their wealth out the country, but the Chinese big boys will want to control it and to do that, they will crash it and buy it up without telling anyone".......

Mat, So am I to think that there is to be a crash +/- 1 Feb followed by a run up by Chinese big boys? Is that your take?

The crash already happened, have you forgot December?

dgarcia

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Stamp instantaneous realy moves like a zombie.

Wake up!

Move ya' bitch! Grin

Miz4r

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Quote from: MatTheCat on January 21, 2014, 11:08:13 AM

Quote from: Miz4r on January 21, 2014, 11:01:22 AM

Just play with dogecoin until bitcoin starts moving again. That's what I and many others are currently doing. Dogecoin will probably crash when Bitcoin starts moving again. Tongue

Had a quick look at the chart.

That looks like a parabolic rise and a double top to me.....erm..no thanks.

It's definitely parabolic but I don't see a double top, I see a bullish pennant forming. I'm out though after the next wave up, probably around 500-600 satoshis.

mmitech

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things you own end up owning you

Quote from: Ivanhoe on January 21, 2014, 10:59:47 AM

Ok, yes we don't have the thrill of $100,- increase in a day now. But this consolidation period is very very healthy for bitcoin, i'm happy with it. Just be patient the rally will resume one day. Quit your screen and do something productive for bitcoin.

+1
one of the things I like about this forum, ask not what bitcoin can do for you but what can you do for it Wink

nailed it hahahahahah

sorry guys, at the moment I do not really have any idea about the directions, most of the time I feel so bullish, then I start digging and questioning whole situation, then I decide to just forget and do something productive instead and let the market do what ever, I am done daily trading anyway, I just like to read what people thinks and argue a bit with them Wink

(certainly not a troll)

meanwhile, I have the urge to learn python, it is one of my goals, years of IT administration made me a really lazy ass, I don't even remember when was the last time I wrote a useful script, now it is time to start thinking about doing something like that beside my daily job. maybe write something that users can benefit all of ? just be productive as the post above suggest

flynn

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Huobi's on fire ?

MatTheCat

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Quote from: Miz4r on January 21, 2014, 11:01:22 AM

Just play with dogecoin until bitcoin starts moving again. That's what I and many others are currently doing. Dogecoin will probably crash when Bitcoin starts moving again. Tongue

Had a quick look at the chart.

That looks like a parabolic rise and a double top to me.....erm..no thanks.

Asrael999

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Quote from: ?? on ??

Quote from: lemonte on January 21, 2014, 10:10:13 AM

Quote from: ?? on ??

C'mon whales! Can you crash Bitcoin to $550 or let it go to the moon already?

This is so boring, no one is making real money in a sideways movement (850-950), this is getting worse that one "Tired of $140" thread as far i remember, should we start a new "Tired of $900" one?

Patience is a virtue! In 2 weeks time thinks should be a bit clearer. I still believe there is money waiting on the sidelines.

Yeah, there is a lot of money just waiting the 'right' moment to buy or get in. But mathematically there are not enought coins for all of us waiting the price to touch the 200 daily MA (aka bubble finally deflated) with a little fiat to spare, so what to do?

I pretty much preffer the price collapsing and bubbles deflating in a month that those long and painfull declines.

Charts and candles looks bullish on day/3 day/week timeframes but it is getting sooo slowly. And i'm pretty sure once we reach $1100 again bears will come out of the forest to make profits and bring us again to $850, again, soooo boring.

Don't worry another 120 days or so of this inertia and this level will be the 200 day MA

GaliX

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1NtkLdA98eGnsn8nEKpBGRd2VYGNBkGzd6

Quote from: Miz4r on January 21, 2014, 11:01:22 AM

Quote from: ?? on ??

C'mon whales! Can you crash Bitcoin to $550 or let it go to the moon already?

This is so boring, no one is making real money in a sideways movement (850-950), this is getting worse that one "Tired of $140" thread as far i remember, should we start a new "Tired of $900" one?

Just play with dogecoin until bitcoin starts moving again. That's what I and many others are currently doing. Dogecoin will probably crash when Bitcoin starts moving again. Tongue

Miz4r

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Quote from: ?? on ??

C'mon whales! Can you crash Bitcoin to $550 or let it go to the moon already?

This is so boring, no one is making real money in a sideways movement (850-950), this is getting worse that one "Tired of $140" thread as far i remember, should we start a new "Tired of $900" one?

Just play with dogecoin until bitcoin starts moving again. That's what I and many others are currently doing. Dogecoin will probably crash when Bitcoin starts moving again. Tongue

Ivanhoe

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Ok, yes we don't have the thrill of $100,- increase in a day now. But this consolidation period is very very healthy for bitcoin, i'm happy with it. Just be patient the rally will resume one day. Quit your screen and do something productive for bitcoin.

FierceRadish

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Quote from: MatTheCat on January 21, 2014, 10:44:35 AM

Quote from: FierceRadish on January 21, 2014, 10:42:18 AM

Come on, you have to admit it's quite funny quoting a "wideboy"! Sorry, couldn't resist Wink

Well, I how can I express myself without coming over all Guy Ritchie.

How about, "A notably 'heavy' man from an impoverished violent background who has earned his wealth operating a black market buying and selling franchise" ?

I like it. Ask him what he thinks of Dogecoin.

(You're right about looking at things from the perspective of the most ruthless person in the room. Lots of people too naive about the sharks that circle bitcoin.)

MatTheCat

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Quote from: FierceRadish on January 21, 2014, 10:42:18 AM

Come on, you have to admit it's quite funny quoting a "wideboy"! Sorry, couldn't resist Wink

Well, I how can I express myself without coming over all Guy Ritchie.

How about, "A notably 'heavy' man from an impoverished violent background who has earned his wealth operating a black market buying and selling franchise" ?

JorgeStolfi

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# Last edited on 2014-01-21 13:39:26 by stolfilocal

Daily volumes of BTC trade to/from USD and other national currencies (in kBTC):

! Wed ! Thu ! Fri ! Sat ! Sun ! Mon ! EXCHANGE ! 01/15 ! 01/16 ! 01/17 ! 01/18 ! 01/19 ! 01/20 ! Currencies considered MtGOX | 7.54 | 5.91 | 12.23 | 6.20 | 8.49 | 12.10 | USD,EUR,GBP,AUD,JPY BTC-e | 9.79 | 7.22 | 12.82 | 7.22 | 8.16 | 10.01 | USD Bitstamp | 12.27 | 8.22 | 17.11 | 5.49 | 8.42 | 6.97 | USD BitFinEx | 7.17 | 3.68 | 11.47 | 3.81 | 6.63 | 5.46 | USD Bitcoin.DE | 0.51 | 0.38 | 0.61 | 0.27 | 0.23 | 0.39 | EUR CaVirtEx | 0.45 | 0.26 | 0.31 | 0.01 | 0.09 | 0.22 | CAD Kraken | 0.35 | 0.29 | 0.68 | 0.28 | 0.33 | 0.19 | EUR CampBX | 0.16 | 0.12 | 0.16 | 0.04 | 0.04 | 0.10 | USD Crypto-Trade | . | 0.01 | 0.01 | . | . | 0.01 | USD SUBTOTAL | 38.24 | 26.09 | 55.40 | 23.32 | 32.39 | 35.45 | Huobi | 91.40 | 67.37 | 74.21 | 43.60 | 67.27 | 71.78 | CNY OKCoin | 22.24 | 24.82 | 32.28 | 25.31 | 24.52 | 21.00 | CNY BTC-China | 5.58 | 3.54 | 4.55 | 1.77 | 4.05 | 3.44 | CNY SUBTOTAL | 119.22 | 95.73 | 111.04 | 70.68 | 95.84 | 96.22 | TOTAL | 157.46 | 121.82 | 166.44 | 94.00 | 128.23 | 131.67 |

All numbers were collected by hand from the site http://bitcoinwisdom.com, except the JPY volume for MtGOX that was obtained from http://bitcoincharts.com. Beware of possible errors.

For each exchange, the numbers include only the trade volume to/from the currencies listed in the rightmost column. They do not include trade between BTC and other cryptocoins such as LiteCoin.

The Coinbase volume is not available, neither at Bitcoinwisdom nor at Bitcoincharts.

Dates on the header line are UTC. Specifically, "01/15" means "from 01/15 00:00:00 UTC to 01/15 23:59:59 UTC". (Beware that Bitcoinwisdom uses your local time, so the date may appear to be off by 1 day. For example, if you are 2 hours west of Greenwich, it may show "01/14 22:00" when the UTC time is "01/15 00:00".)

[EDIT: added week day header.]

FierceRadish

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Quote from: MatTheCat on January 21, 2014, 10:39:04 AM

Quote from: FierceRadish on January 21, 2014, 10:30:52 AM

Quote from: MatTheCat on January 21, 2014, 10:21:29 AM

I recently explained the whole Bitcoin phenomenon and current state of affair to someone who I will describe as a Man of the Street/Wide-boy.

Seek no further. MatTheCat has found The Oracle.

(Was he a London cabbie?)

Fuck off u silly wanker.

Come on, you have to admit it's quite funny quoting a "wideboy"! Sorry, couldn't resist Wink

pickaname

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https://i.imgur.com/pSkygpp.jpg?1

Bulls abt to go all E.T in this bitch.

MatTheCat

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Quote from: Bios Optimus on January 21, 2014, 10:27:25 AM

Mat, So am I to think that there is to be a crash +/- 1 Feb followed by a run up by Chinese big boys? Is that your take?

Obviously I don't know 4 sure but I have had several dreams when I have been long Bitcoin off a terrible crash falling through support after support. I am currently short Bitcoin and slept well last night....so yeah, clearly there is something in my subconscious mind that strongly fears being on the wrong side of a Bitcoin crash but not being on the wrong side of a Bitcoin bull run, so for now, I am a bear although I will still go long on a temporary basis if seems fortuitous to do so.

What this 'Man of the Street' said, was simply his immediate response to the current Bitcoin phenomenon based on his experience of life, which most people would describe as that of a fairly successful semi gang-banger. It was an expression of how he would view Bitcoin if he was a wealthy Chinese businessman wanting to hide and safeguard his personal wealth, and also what his plans for Bitcoin would be if it were operating on 'his patch'. Now, what he said doesn't necessarily have to be spot on, but it does pay to view the world through the prism of the sort of ruthless cut throat pirates who tend to own and run it.

Quote from: FierceRadish on January 21, 2014, 10:30:52 AM

Quote from: MatTheCat on January 21, 2014, 10:21:29 AM

I recently explained the whole Bitcoin phenomenon and current state of affair to someone who I will describe as a Man of the Street/Wide-boy.

Seek no further. MatTheCat has found The Oracle.

(Was he a London cabbie?)

Fuck off u silly wanker.

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