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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31445. (Read 26642801 times)

full member
Activity: 224
Merit: 100
Inverse head & shoulders on the 1H chart.

Isn't that a cup and handle?

slithering snake imho
newbie
Activity: 2
Merit: 0
/\12OO:::HERE WE GOOOOO//^BITCOIN TAKE US HIGHERRRR!!!;-)
//^$$$LOVE YOU GUYS!$$$^\\

http://www.socwall.com/images/wallpapers/15609-1680x1050.jpg
sr. member
Activity: 351
Merit: 250
I'm always grumpy in the morning.
To me it looks like flat periods at the x10 lines for a few months, then run up to the next x10. Flat at .1, 1, 10, 100, and now flat at 1k. Let it settle for a month or two around 1k, then it'll jump up to the next, at 10k.

Interesting observation. I wonder if the long plateaus and then jumps at .1, 1, 10, 100 and 1000 are purely due to psychological factors with round numbers.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2604
Merit: 1748
Been trying to trade up and down all weekend, and largely (since it has always sung back at some point) it's been OK.

That said, I have hardly slept and been too scared to risk BTC in fiat to really risk more than two or three coins at once.

All weekend I watched the screens for fart too long and I think I made less than half a BTC wile risking thousands of dollars at a time.

I have (almost) given up - as one stupid trade would probabaly wipe out what meager money I have made thus far!

You've hardly slept to make half a Bitcoin on some trades? Hardly seems worth it, does it?

No - I meant on a whole weekend - maybe 20 hours of red-eyed watching candles - altogether!

EDIT: So, no it wasn't worth it- I am not a great trader, even after studying this stuff since earlier this year - anyone smarter than me might have...
legendary
Activity: 3878
Merit: 1193
http://bitcoincharts.com/charts/mtgoxUSD#rg1460ztgSza1gSMAzm1g50zm2g25zl

I think this chart is pretty interesting, may signal that we're not done correcting yet. Someone smarter than me have any insights?

To me it looks like flat periods at the x10 lines for a few months, then run up to the next x10. Flat at .1, 1, 10, 100, and now flat at 1k. Let it settle for a month or two around 1k, then it'll jump up to the next, at 10k.
legendary
Activity: 2324
Merit: 1125
Been trying to trade up and down all weekend, and largely (since it has always sung back at some point) it's been OK.

That said, I have hardly slept and been too scared to risk BTC in fiat to really risk more than two or three coins at once.

All weekend I watched the screens for fart too long and I think I made less than half a BTC wile risking thousands of dollars at a time.

I have (almost) given up - as one stupid trade would probabaly wipe out what meager money I have made thus far!

You've hardly slept to make half a Bitcoin on some trades? Hardly seems worth it, does it?
legendary
Activity: 966
Merit: 1000
- - -Caveat Aleo- - -
Inverse head & shoulders on the 1H chart.

Isn't that a cup and handle?
legendary
Activity: 966
Merit: 1000
- - -Caveat Aleo- - -
hero member
Activity: 841
Merit: 1000
Inverse head & shoulders on the 1H chart.
legendary
Activity: 2604
Merit: 1748
Been trying to trade up and down all weekend, and largely (since it has always sung back at some point) it's been OK.

That said, I have hardly slept and been too scared to risk BTC in fiat to really risk more than two or three coins at once.

All weekend I watched the screens for fart too long and I think I made less than half a BTC wile risking thousands of dollars at a time.

I have (almost) given up - as one stupid trade would probabaly wipe out what meager money I have made thus far!
full member
Activity: 224
Merit: 100
market sentiment is "anything under $1000 is a bargain."
legendary
Activity: 2604
Merit: 1748
http://bitcoincharts.com/charts/mtgoxUSD#rg1460ztgSza1gSMAzm1g50zm2g25zl

I think this chart is pretty interesting, may signal that we're not done correcting yet. Someone smarter than me have any insights?

We can all only guess - it's a pretty chaotic system.  Unless you have big enough (and I mean huge) resources that mean they can 'make' it happen, no-one can tell what comes next.   Even the big guys screw up: too young a market - too many variables, too many fragile exchanges...

Unpredictable.  Truly.
sr. member
Activity: 351
Merit: 250
I'm always grumpy in the morning.
Back in the day I'd now have no coins and a load of fiat stuck in an exchange and be cursing my luck.

I resemble that remark.
sr. member
Activity: 351
Merit: 250
I'm always grumpy in the morning.
http://bitcoincharts.com/charts/mtgoxUSD#rg1460ztgSza1gSMAzm1g50zm2g25zl

I think this chart is pretty interesting, may signal that we're not done correcting yet. Someone smarter than me have any insights?
full member
Activity: 224
Merit: 100
Amazing how blase I've become. Back in the day I'd now have no coins and a load of fiat stuck in an exchange and be cursing my luck.
legendary
Activity: 2324
Merit: 1125
Does anyone else thinks that attack on the forum had a suspicious timing?

Well, read rpietilla's post from November 10th quoted 2-3 pages ago and you'll see many suspicious things Wink
Do you got the link handy?

Coincidence? You know what say about conspiracy theory protagonists Wink
legendary
Activity: 2604
Merit: 1748
I have a feeling that this is the buy in before the big dump, you know to get people confident so they can put more orders that he cant eat up later

Or maybe just a Wall Street fund guy who wants to leave at 5.00...

Going to be another interesting evening.
hero member
Activity: 616
Merit: 500
Firstbits.com/1fg4i :)
donator
Activity: 2772
Merit: 1019
I have to say one thing: watching the bots playing on gox' trading engine via bitcoinwisdom orderbook display is a pleasure. Such speed!
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