Bitstamp has just gone horizontally linear after a perfect hyperbola. I've never seen anything like this.
The big sell walls at Bitstamp yesterday looked quite ominous to me, since this is a reliable exchange to actually get fiat out.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31172. (Read 26608287 times)
December 10, 2013, 10:37:43 AM
The big sell walls at Bitstamp yesterday looked quite ominous to me, since this is a reliable exchange to actually get fiat out.
December 10, 2013, 10:36:59 AM
To be honest, your not the only one who thinks we aren't finished with this crash/pop/correction/downtrend at the moment. I see lot's of evidence for and against and you've made some really interesting posts for it, but you really rob yourself of credibility when you say thing's like '10$' as the bottom price. I don't know if you actually believe it yourself or just want to appear trollish.
I'm kidding about $10. I thought it's obvious.
It will be $0.01
Ok cool, sometimes you read some good analysis and grow some confidence in the poster then they come out with the $10 comment and you immediately think their a bit....
December 10, 2013, 10:35:35 AM
Bitstamp has just gone horizontally linear after a perfect hyperbola. I've never seen anything like this.
Ominous...
bullish of course.
December 10, 2013, 10:32:24 AM
Bitstamp has just gone horizontally linear after a perfect hyperbola. I've never seen anything like this.
Ominous...
December 10, 2013, 10:26:15 AM
To be honest, your not the only one who thinks we aren't finished with this crash/pop/correction/downtrend at the moment. I see lot's of evidence for and against and you've made some really interesting posts for it, but you really rob yourself of credibility when you say thing's like '10$' as the bottom price. I don't know if you actually believe it yourself or just want to appear trollish.
I'm kidding about $10. I thought it's obvious.
It will actually be $0.01
December 10, 2013, 10:25:08 AM
Bitstamp has just gone horizontally linear after a perfect hyperbola. I've never seen anything like this.
December 10, 2013, 10:24:56 AM
http://btctrading.wordpress.com/2013/12/10/long-term-update-daily-view-bitstamp/
"Price is holding above the midpoint ($ 650) of the last rally and it is moving upward towards the 2nd deviation line of the VWAP, located at the same level of the recent double top. There will be probably a correction before moving above the all time high at $1163, that correction could be a nice buying opportunity for who is looking for a good moment to buy."
"Price is holding above the midpoint ($ 650) of the last rally and it is moving upward towards the 2nd deviation line of the VWAP, located at the same level of the recent double top. There will be probably a correction before moving above the all time high at $1163, that correction could be a nice buying opportunity for who is looking for a good moment to buy."
yeah, correction to $10 before moving above $1163
To be honest, your not the only one who thinks we aren't finished with this crash/pop/correction/downtrend at the moment. I see lot's of evidence for and against and you've made some really interesting posts for it, but you really rob yourself of credibility when you say thing's like '10$' as the bottom price. I don't know if you actually believe it yourself or just want to appear trollish.
December 10, 2013, 10:21:04 AM
Are u bears trying to convince others or yourself?
nah, we are just having fun while waiting for the drop.
December 10, 2013, 10:19:38 AM
http://btctrading.wordpress.com/2013/12/10/long-term-update-daily-view-bitstamp/
"Price is holding above the midpoint ($ 650) of the last rally and it is moving upward towards the 2nd deviation line of the VWAP, located at the same level of the recent double top. There will be probably a correction before moving above the all time high at $1163, that correction could be a nice buying opportunity for who is looking for a good moment to buy."
"Price is holding above the midpoint ($ 650) of the last rally and it is moving upward towards the 2nd deviation line of the VWAP, located at the same level of the recent double top. There will be probably a correction before moving above the all time high at $1163, that correction could be a nice buying opportunity for who is looking for a good moment to buy."
yeah, correction to $10 before moving above $1163
December 10, 2013, 10:18:40 AM
http://btctrading.wordpress.com/2013/12/10/long-term-update-daily-view-bitstamp/
"Price is holding above the midpoint ($ 650) of the last rally and it is moving upward towards the 2nd deviation line of the VWAP, located at the same level of the recent double top. There will be probably a correction before moving above the all time high at $1163, that correction could be a nice buying opportunity for who is looking for a good moment to buy."
"Price is holding above the midpoint ($ 650) of the last rally and it is moving upward towards the 2nd deviation line of the VWAP, located at the same level of the recent double top. There will be probably a correction before moving above the all time high at $1163, that correction could be a nice buying opportunity for who is looking for a good moment to buy."
December 10, 2013, 10:11:27 AM
Bitcoin will go up, 1700 for last of month. Just wait, and you will see it.
1700 zimbabwian dollars?
December 10, 2013, 10:10:14 AM
Bitcoin will go up, 1700 for last of month. Just wait, and you will see it.
December 10, 2013, 10:10:06 AM
This is just how I see it. I could and I probably am wrong, but this is what I have in my mind, for the short term future.
Agreed. We are about to move back down. I expect a new low.
lol, new low is correct. but rather a new low of your btc holdings.
(those of you who did sell above 900
) December 10, 2013, 10:09:53 AM
December 10, 2013, 10:02:12 AM
December 10, 2013, 10:00:30 AM
Or the train is just returning to the initial station.
Or the train is bumped into a dead end.
http://www.youtube.com/watch?v=VZ7qz9j7UQE
December 10, 2013, 09:59:31 AM
In these charts, are the outer edges real, or just plotting artifacts?
I mean, does the leftmost edge of the green plots indicate the lowest extant bids in that exchange, or just the lowest bids that were considered by the plotter?
Ditto for the right edge of the red (ask) plots.
It goes back by ratio... say 100$ one way and 100 the other the valley is where trades have been executed in order from most recent in the front to older in the rear.. each line dictates another trade in that timescale..
It does not show trades, only bids & asks.
December 10, 2013, 09:57:33 AM
In these charts, are the outer edges real, or just plotting artifacts?
I mean, does the leftmost edge of the green plots indicate the lowest extant bids in that exchange, or just the lowest bids that were considered by the plotter?
Ditto for the right edge of the red (ask) plots.
The outer edges are just whatever is returned by Gox which is apparently not the full order book. I'm not sure what determines how far they go. Possibly it just returns something like the closest 1000 asks and bids.
December 10, 2013, 09:57:13 AM
Most of the miners did overinvest. But if I'm wrong throw me the numbers.
I will buy their cheapest ASICs when the price falls to $10
NO, BUT YOU CAN MAKE IT APPEAR LIKE YOU WROTE SOMETHING CLEVER IN THE PAST!$10 price of mBTC?
No. $10 price of megaBTC
Has the time machine been invented?
Se what I did there?
December 10, 2013, 09:56:51 AM
Guys, difficulty just jumped up by 200 mil!!! 
November KnC hardware hit the market. I'll have less BTC to throw away, trading...
Pretty bullish, isn't it?
If the price falls it's going to be painful for miners. Not even talking about ROI.
Nothing bitcoin is painful unless one overinvests! Don't you think?
Most of the miners did overinvest. But if I'm wrong throw me the numbers.
Got no numbers! Can only speak for me! I bought a 7970 before asics which I now use to game! Currently mining with 7 usb sticks!
None of these would turn me upside down!
Fair enough. I was more talking about miners with bigger hardwares.
Obviously, but I don't have any numbers.
Miners are in a closed loop of chasing their tails. The more they mine, the less value they produce. If it weren't for bitcoin's decreasing mining reward, they would never be able to come out clean.
Anyway, I decided that I wanted to help some with the dirty job.
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