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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31148. (Read 26723677 times)

legendary
Activity: 1260
Merit: 1000
Drunk Posts
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2604
Merit: 1748
Still wondering who will nail what the grey line on Bitconwisdom is.  

The question has been asked a few times since yesterday....

Is it to do with bid depth average movement? It seems to move with bids, rather than asks - I am stumped - anyone got an answer yet?

EDIT - it moves with both - so it must be a balance of some sort between the two.

hero member
Activity: 518
Merit: 500
What really sucks about that red trendline there, is that if you blow the chart up and follow that trendline down, it goes to -142. Which means you then owe $142 for every bitcoin you own.

Of course the trendline could be irrelevant, but crossing SMA and EMA telling us all.
legendary
Activity: 2156
Merit: 1070
I'll give the bulls a break and post something bullish:


yes of course



What really sucks about that red trendline there, is that if you blow the chart up and follow that trendline down, it goes to -142. Which means you then owe $142 for every bitcoin you own.
legendary
Activity: 1260
Merit: 1000
Drunk Posts
Probably like 20k lines here... gotten about 0.01 in donations so far...

https://github.com/mb300sd

Wow, thank you to whoever just donated... most i've been paid for code in years Grin
legendary
Activity: 2156
Merit: 1070
I'll give the bulls a break and post something bullish:



Good lord those look similar. I doubt the real validity of the comparison here, but cool find.

You finally gave the bulls a break. I figured youd be feeling a little better after this trickle down.
hero member
Activity: 518
Merit: 500
I'll give the bulls a break and post something bullish:


yes of course

legendary
Activity: 1260
Merit: 1000
Drunk Posts
Bullishit
Used to describe irrational exuberance and blatant corruption or stupidity when stating that one is "bullish" on a particular investment vehicle.
My friend said that he was bullish on bank stocks and that the banks aren't insolvent and have plenty of cash; I told him he was full of Bullishit.



* mb300sd hammered
hero member
Activity: 728
Merit: 500
I'll give the bulls a break and post something bullish:

legendary
Activity: 1260
Merit: 1000
Drunk Posts
Probably like 20k lines here... gotten about 0.01 in donations so far...

https://github.com/mb300sd
full member
Activity: 164
Merit: 100
Im not 1FfmbHfnpaZjKFvyi1okTjJJusN455paPH


The new China DLC has made it really interesting.
hero member
Activity: 546
Merit: 501
Guess you don't understand why bitcoin have to have high price (and stable) so it's economy can function, do you?

It is apparent that our views are different.  My belief on the economy of bitcoin relates to the value of the underlying protocol, not the miners reward that we are trading here.  

I won't change your mind, you won't change mine, so let's agree to hold this type of argument somewhere else besides in the speculation thread.  OK?

First of all this topic has a lot common things with speculation because people are speculating not even knowing how they are hurting themselves in the process.
Second, I was not referring to miners but merchants.

Compare two scenarios:
1. Stable growth of bitcoin price, when people are buying and holding bitcoins and who needs to sell, he is doing only this. People are spending they coins when they can.
2. People are trying hard to move the price in all directions to grab as many bitcoins or money from others not doing anything constructive.

To prove I'm right look at this: bitcoin price $1 and media barely mentions about something geeks created, $100 media is more interested, $1000 beginning of mentioning about Wall Street investing, $10000 Wall Street here. Do you see what I mean? Higher price is better for everyone and you don't need to even gamble to be rewarded for helping community.
sr. member
Activity: 266
Merit: 250
Blitz:The price affects the perception of the news
This moderate recovery may allow an entry point.  Fingers crossed.
sr. member
Activity: 266
Merit: 250
Blitz:The price affects the perception of the news
hero member
Activity: 518
Merit: 500
who ever voted 1 line of code for 1BTC
wow you lazy fuck!

It's me  Grin

That's my work for 1 BTC:

legendary
Activity: 1904
Merit: 1038
Trusted Bitcoiner
who ever voted 1 line of code for 1BTC


wow you lazy fuck!


sleeping is hard sometimes....
trying again...
sr. member
Activity: 266
Merit: 250
Blitz:The price affects the perception of the news
Perhaps I will try to codify my beliefs someday.  For now:

Wake up Fool!  There are sheep to shear!
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