WTF is going on? Such low volume on gox?
Low volume everywhereWhy?
Waiting for china?
hodlers
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30292. (Read 26709590 times)
January 16, 2014, 02:06:50 PM
Why?
Waiting for china?
hodlers
January 16, 2014, 02:04:05 PM
WTF is going on? Such low volume on gox?
Low volume everywhereWhy?
Waiting for china?
January 16, 2014, 02:00:31 PM
with remarkably little variance.
January 16, 2014, 01:59:03 PM
Speaking of which, the trend on Huobi is down ~ 50 CNY ($8.50) per day since 11/18.
... and UP ~ 100 CNY/day since 12/17, and DOWN ~ 100 CNY/day since 01/05, and ...
January 16, 2014, 01:56:52 PM
January 16, 2014, 01:49:32 PM
we've been moving up about USD 0.50 per hour since 21 december, with remarkably little variance. i'm not sure how that can be construed bearishly. i admit that i am trying nonetheless.
Trends were meant to be broken! 
Speaking of which, the trend on Huobi is down ~ 50 CNY ($8.50) per day since 11/18.
Nice call on the 907 level, by the way. I had thought 880 was the pivot, but bitcoin does tend to surprise with the vigor of its moves, and you understood, anticipated that vigor better than I.
$880 very well could have been it, and anyone who exited there made an excellent trade. I certainly sold some there. My initial expectation during the surge was no higher than the $880 level, but I often have to remind myself that bitcoin often simply pushes up one more resistance level than we expect. I think this happens so bears lose as much as possible when they second guess themselves calling a reversal.
January 16, 2014, 01:43:39 PM
WTF is going on? Such low volume on gox?
Low volume everywhere 
January 16, 2014, 01:42:44 PM
WTF is going on? Such low volume on gox?
Gox sucks ass. Low volume there is a good thing.
January 16, 2014, 01:38:33 PM
WTF is going on? Such low volume on gox?
January 16, 2014, 01:35:43 PM
we've been moving up about USD 0.50 per hour since 21 december, with remarkably little variance. i'm not sure how that can be construed bearishly. i admit that i am trying nonetheless.
Trends were meant to be broken! Speaking of which, the trend on Huobi is down ~ 50 CNY ($8.50) per day since 11/18.
Nice call on the 907 level, by the way. I had thought 880 was the pivot, but bitcoin does tend to surprise with the vigor of its moves, and you understood, anticipated that vigor better than I.
January 16, 2014, 01:22:29 PM
we've been moving up about USD 0.50 per hour since 21 december, with remarkably little variance. i'm not sure how that can be construed bearishly. i admit that i am trying nonetheless.
Trends were meant to be broken! Speaking of which, the trend on Huobi is down ~ 50 CNY ($8.50) per day since 11/18.
January 16, 2014, 01:19:05 PM
we've been moving up about USD 0.50 per hour since 21 december, with remarkably little variance. i'm not sure how that can be construed bearishly. i admit that i am trying nonetheless.
January 16, 2014, 01:12:59 PM
This flat market is losing me money with my bots left, right and center. They're buying at top and selling at bottom like a boss 
Thank you. My bots appreciate the extra volatility since they focus on stabilization rather than trend following.
You're welcome
It's trend where money comes so I'm cool waiting for it. So far
January 16, 2014, 01:06:10 PM
This flat market is losing me money with my bots left, right and center. They're buying at top and selling at bottom like a boss
Thank you. My bots appreciate the extra volatility since they focus on stabilization rather than trend following.
January 16, 2014, 01:03:36 PM
This flat market is losing me money with my bots left, right and center. They're buying at top and selling at bottom like a boss
January 16, 2014, 01:03:13 PM
More chart BS 
This time for the Bulls
Huobi clearly shows a pennant, which suggests a continuation of the uptrend once complete (in about 3 days)
Not a pennant IMO, based on a few things -- time frame, absence of flag pole, the fact that the first downward wave of the formation broke below previous resistance (i.e. the bottom of the flag pole). The fact that the sharp move that typically precedes a pennant is contained within this formation is another indication that this is a longer term consolidation pattern. This time for the Bulls
Huobi clearly shows a pennant, which suggests a continuation of the uptrend once complete (in about 3 days)
I see a symmetrical triangle, which admittedly is more bullish than the current formations on western exchanges. I would expect a breakout earlier than 3 days based on the wave structure and proximity to the close of the triangle. Much longer and it won't be very reliable. But I don't see a bullish bias at all.
But what what if China has been trolling us all along, only to leave the western traders caught with their shorts on.
January 16, 2014, 01:02:40 PM
January 16, 2014, 01:01:18 PM
More chart BS
This time for the Bulls
Huobi clearly shows a pennant, which suggests a continuation of the uptrend once complete (in about 3 days)
Not a pennant IMO, based on a few things -- time frame, absence of flag pole, the fact that the first downward wave of the formation broke below previous resistance (i.e. the bottom of the flag pole). The fact that the sharp move that typically precedes a pennant is contained within this formation is another indication that this is a longer term consolidation pattern. This time for the Bulls
Huobi clearly shows a pennant, which suggests a continuation of the uptrend once complete (in about 3 days)
I see a symmetrical triangle, which admittedly is more bullish than the current formations on western exchanges. I would expect a breakout earlier than 3 days based on the wave structure and proximity to the close of the triangle. Much longer and it won't be very reliable.
Sideways. Waiting for a cue. I said two weeks ago we would end up at this point at this price right now!
January 16, 2014, 12:59:26 PM
More chart BS
This time for the Bulls
Huobi clearly shows a pennant, which suggests a continuation of the uptrend once complete (in about 3 days)
Not a pennant IMO, based on a few things -- time frame, absence of flag pole, the fact that the first downward wave of the formation broke below previous resistance (i.e. the bottom of the flag pole). The fact that the sharp move that typically precedes a pennant is contained within this formation is another indication that this is a longer term consolidation pattern. This time for the Bulls
Huobi clearly shows a pennant, which suggests a continuation of the uptrend once complete (in about 3 days)
I see a symmetrical triangle, which admittedly is more bullish than the current formations on western exchanges. I would expect a breakout earlier than 3 days based on the wave structure and proximity to the close of the triangle. Much longer and it won't be very reliable.
But I don't see a bullish bias at all.
January 16, 2014, 12:56:05 PM
Buy and hold is for suckers
Suckers who see their investments increase a thousand percent in a couple of years?
while most wait for 2000k per BTC they miss out on the 900 - 600 - 900 - 600 action that takes places for a long while.
Wait for 200k?
Holders aren't waiting for anything. They'll sell only as much as they need to spend.900 - 600 - 900 - 600 action?
Uh? Where? Neither Stamp nor Gox has been as low as $600 for almost a month.
How long have you been into Bitcoin?
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