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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30591. (Read 26710560 times)

hero member
Activity: 686
Merit: 500
Ultranode
Fortress will buy dogecoin instead of bitcoin.

wow

mind blown.

much amaze.

very thanks.
hero member
Activity: 728
Merit: 500
Fortress will buy dogecoin instead of bitcoin.

wow
full member
Activity: 196
Merit: 100
Happy 2014 from Argentina !


Much Fortune !
Such year !
Very exponential !

I think he means 2014 will be the year when Dogecoin overtakes Bitcoin.

And baboons colonize Mars
hero member
Activity: 686
Merit: 500
Ultranode
Happy 2014 from Argentina !


Much Fortune !
Such year !
Very exponential !

I think he means 2014 will be the year when Dogecoin overtakes Bitcoin.
sr. member
Activity: 266
Merit: 250
Happy 2014 from Argentina !


Much Fortune !
Such year !
Very exponential !
KFR
hero member
Activity: 560
Merit: 500
Per ardua ad luna
hero member
Activity: 728
Merit: 500


Ok, I've been out of here for a while, can somebody quickly explain the joke?
Since it's from ChartBuddy I'll deduce that it's due to gox's API having issues. I liked the one with Mark Kerpeles better.
sr. member
Activity: 448
Merit: 250


Ok, I've been out of here for a while, can somebody quickly explain the joke?
legendary
Activity: 2156
Merit: 1070
I find buying negative PR to be much more profitable than buying positive PR. For example silk road... buy at 85 and ride a rocket to 125 for a 50% gain.  Not buy positive PR and hope some weak rally crawls on 1% at a time.

You realize dont you that this entire rally started a week after Second Market started buying?  You can call that a coincidence. I don't.
66 was a great buying point considering gigantic support had been established at 50-55.

Second Market started buying at $120.
Oh then I think you're confusing second market with China. China was responsible for the rally from 120.

SMH. Keep telling yourself that.
hero member
Activity: 728
Merit: 500
I find buying negative PR to be much more profitable than buying positive PR. For example silk road... buy at 85 and ride a rocket to 125 for a 50% gain.  Not buy positive PR and hope some weak rally crawls on 1% at a time.

You realize dont you that this entire rally started a week after Second Market started buying?  You can call that a coincidence. I don't.
66 was a great buying point considering gigantic support had been established at 50-55.

Second Market started buying at $120.
Oh then I think you're confusing second market with China. China was responsible for the rally from 120.
legendary
Activity: 2156
Merit: 1070
I find buying negative PR to be much more profitable than buying positive PR. For example silk road... buy at 85 and ride a rocket to 125 for a 50% gain.  Not buy positive PR and hope some weak rally crawls on 1% at a time.

You realize dont you that this entire rally started a week after Second Market started buying?  You can call that a coincidence. I don't.
66 was a great buying point considering gigantic support had been established at 50-55.

Second Market started buying at $120.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 728
Merit: 500
I find buying negative PR to be much more profitable than buying positive PR. For example silk road... buy at 85 and ride a rocket to 125 for a 50% gain.  Not buy positive PR and hope some weak rally crawls on 1% at a time.

You realize dont you that this entire rally started a week after Second Market started buying?  You can call that a coincidence. I don't.
66 was a great buying point considering gigantic support had been established at 50-55.
legendary
Activity: 2156
Merit: 1070
I find buying negative PR to be much more profitable than buying positive PR. For example silk road... buy at 85 and ride a rocket to 125 for a 50% gain.  Not buy positive PR and hope some weak rally crawls on 1% at a time.

You realize dont you that this entire rally started a week after Second Market started buying?  You can call that a coincidence. I don't.
hero member
Activity: 728
Merit: 500
I find buying negative PR to be much more profitable than buying positive PR. For example silk road... buy at 85 and ride a rocket to 125 for a 50% gain.  Not buy positive PR and hope some weak rally crawls on 1% at a time.
legendary
Activity: 2156
Merit: 1070
Quote
Holiday charts should be thrown in the trash. This is all about whether fresh fiat arrives in January and how much of it. If fiat arrives the markets will go up whether your charts say its likely or not.

These "Holiday Charts" have been spot-on in the past, so i see no problem in posting TA to add to the discussion. Smart money  and "fresh cash" doesnt buy into weak rallies either, they wait for capitulation. 600 on gox is coming


If you think the fiat situation today is like in the past you are in for a surprise. Things have changed. This is when the "old dog" may not learn the "new trick."

Re: "smart money" buying dips? No they don't. Funds like Second Market and Fortress Fund buy when they have the money to buy.
donator
Activity: 2772
Merit: 1019
Once everyone gets over the whole "new year omg" thing there should be another significant dip

allright, let's have a more meaningful exchange of thoughts...

why do you think there might be a dip and into which timeframe do you suppose it could fall in?

Every exchange is sitting at daily volumes of less than 10K and we are very overbought with the low volume. The fundamentals are strong and I'm a long term bull but this rally has no legs, simple as that. Im expecting us to go sideways for perhaps another 2 weeks and then have a fall but nobody knows!

Check out the chart below. Stochastics are telling us we are in very overbought territory and price volume oscillator is showing a huge divergence in price and volume. Looking historically at that indicator (and especially the combination of the two) one can only make an educated guess as to what happens next. Sure it is a risk to be holding cash right now, but I see it as a bigger risk to buy into this weak rally



I don't put much trust into the indicators you reference personally.

I think your analysis is good and valid, but I don't think it applies to the situation, mainly because I think your (and that of many) interpretation of trading volume figures is biased: I don't think volume is low. It's relatively low compared to recent times, yes,... but recent times have been extraordinarily volatile and eventful.

I think volume is good and trend is up.

hero member
Activity: 728
Merit: 500
Price being held up by strings on low volume, using positive PR, just like in May. I told you there would be one more surge towards 900.
legendary
Activity: 1218
Merit: 1000
Quote
Holiday charts should be thrown in the trash. This is all about whether fresh fiat arrives in January and how much of it. If fiat arrives the markets will go up whether your charts say its likely or not.

These "Holiday Charts" have been spot-on in the past, so i see no problem in posting TA to add to the discussion. Smart money  and "fresh cash" doesnt buy into weak rallies either, they wait for capitulation. 600 on gox is coming
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