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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31584. (Read 26731682 times)

legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
Good morning people. I thought we were heading higher within the weekend; I'm glad that I was wrong and this correction came through though. I find it "healthier" than the exponential continuance to an infinite "top" (a Gauss Bell Curve always comes down as steep as it goes up). I seriously believe that it will start growing higher until the end of the week. Slower; but healthier than before...

...at least I hope so; but since the very beginning, I'm full BTC and holding anyway Wink

hero member
Activity: 592
Merit: 500
bulltrap in progress?

No, looks like we're seriously testing resistance at 1100.

Shocked i c, possible breakout you think? or we stay here for a while

Hard to say. We've been running in the 1000-1100 channel for a while, but I don't think that'll be long-lived. At the moment an upwards breakout from that channel appears more likely.

24h high is at 1117.80, so that's the number to watch if we do break resistance at 1100.

Hmmm, I'm thinking it's not so much 1117.80 as the fact that we are now trading under the slower moving average, and have not yet been able to break back through. So, it may just be a moving target, careful. I'd love for us to break through it, but, who knows, and, it's been one helluva a spike.

My brother asked me over the holiday (Thanksgiving) if Bitcoin goes up faster or down faster, and I replied it comes down faster (thinking about the crashes). Checked it, I was wrong. It comes down slower than it goes up, over the long haul. So this run-up is going to take several months to unwind. There's time to close out your positions, and then, take a trip somewhere nice. I'll be going to Bali for the winter  Grin

I'm honestly not convinced that the bull market is through. This time around has behaved differently than the last two bubbles and it may yet surprise us further.

I have not divested at all.

me neither, but im loving the ride tho Cheesy
full member
Activity: 126
Merit: 100
bulltrap in progress?

No, looks like we're seriously testing resistance at 1100.

Shocked i c, possible breakout you think? or we stay here for a while

Hard to say. We've been running in the 1000-1100 channel for a while, but I don't think that'll be long-lived. At the moment an upwards breakout from that channel appears more likely.

24h high is at 1117.80, so that's the number to watch if we do break resistance at 1100.

Hmmm, I'm thinking it's not so much 1117.80 as the fact that we are now trading under the slower moving average, and have not yet been able to break back through. So, it may just be a moving target, careful. I'd love for us to break through it, but, who knows, and, it's been one helluva a spike.

My brother asked me over the holiday (Thanksgiving) if Bitcoin goes up faster or down faster, and I replied it comes down faster (thinking about the crashes). Checked it, I was wrong. It comes down slower than it goes up, over the long haul. So this run-up is going to take several months to unwind. There's time to close out your positions, and then, take a trip somewhere nice. I'll be going to Bali for the winter  Grin

I'm honestly not convinced that the bull market is through. This time around has behaved differently than the last two bubbles and it may yet surprise us further.

I have not divested at all.

Well, cool. I believe you've done better trading this run-up than I have (and I am too exhausted to monitor the last position I opened, so closed it). I've learned a shit ton though, especially that trading is really fucking tough. Also, that I should've just stuck with my buy from the summer and sold it now (I realize most would say 'never'). I'm planning on trading 1-4 times a year from now on. Just to realize the parabolic pushes. That said, since the price really does unwind pretty slowly, you should have plenty of time to do what you need to, if you are looking to close out.

edit: If the choo choo lights a fire and busts out, I may take another position. Unlikely, and I'd need to see some huge strength, as I think new money will look to find a smarter entry, and that we will coast tortuously downwards. Alas, no crystal ball.  Tongue
sr. member
Activity: 336
Merit: 250
♫ the AM bear who cares ♫
bulltrap in progress?

No, looks like we're seriously testing resistance at 1100.

Shocked i c, possible breakout you think? or we stay here for a while

Hard to say. We've been running in the 1000-1100 channel for a while, but I don't think that'll be long-lived. At the moment an upwards breakout from that channel appears more likely.

24h high is at 1117.80, so that's the number to watch if we do break resistance at 1100.

Hmmm, I'm thinking it's not so much 1117.80 as the fact that we are now trading under the slower moving average, and have not yet been able to break back through. So, it may just be a moving target, careful. I'd love for us to break through it, but, who knows, and, it's been one helluva a spike.

My brother asked me over the holiday (Thanksgiving) if Bitcoin goes up faster or down faster, and I replied it comes down faster (thinking about the crashes). Checked it, I was wrong. It comes down slower than it goes up, over the long haul. So this run-up is going to take several months to unwind. There's time to close out your positions, and then, take a trip somewhere nice. I'll be going to Bali for the winter  Grin

I'm honestly not convinced that the bull market is through. This time around has behaved differently than the last two bubbles and it may yet surprise us further.

I have not divested at all.
full member
Activity: 126
Merit: 100
bulltrap in progress?

No, looks like we're seriously testing resistance at 1100.

Shocked i c, possible breakout you think? or we stay here for a while

Hard to say. We've been running in the 1000-1100 channel for a while, but I don't think that'll be long-lived. At the moment an upwards breakout from that channel appears more likely.

24h high is at 1117.80, so that's the number to watch if we do break resistance at 1100.

Hmmm, I'm thinking it's not so much 1117.80 as the fact that we are now trading under the slower moving average, and have not yet been able to break back through. So, it may just be a moving target, careful. I'd love for us to break through it, but, who knows, and, it's been one helluva a spike.

My brother asked me over the holiday (Thanksgiving) if Bitcoin goes up faster or down faster, and I replied it comes down faster (thinking about the crashes). Checked it, I was wrong. It comes down slower than it goes up, over the long haul. So this run-up is going to take several months to unwind. There's time to close out your positions, and then, take a trip somewhere nice. I'll be going to Bali for the winter  Grin
hero member
Activity: 592
Merit: 500
bulltrap in progress?

No, looks like we're seriously testing resistance at 1100.

Shocked i c, possible breakout you think? or we stay here for a while

Hard to say. We've been running in the 1000-1100 channel for a while, but I don't think that'll be long-lived. At the moment an upwards breakout from that channel appears more likely.

24h high is at 1117.80, so that's the number to watch if we do break resistance at 1100.


agreed and i like that number, i feel we re goin down another bit because of the 1 day graph and 12 hr graph tho before we go up again
sr. member
Activity: 336
Merit: 250
♫ the AM bear who cares ♫
bulltrap in progress?

No, looks like we're seriously testing resistance at 1100.

Shocked i c, possible breakout you think? or we stay here for a while

Hard to say. We've been running in the 1000-1100 channel for a while, but I don't think that'll be long-lived. At the moment an upwards breakout from that channel appears more likely.

24h high is at 1117.80, so that's the number to watch if we do break resistance at 1100.
hero member
Activity: 592
Merit: 500
bulltrap in progress?

No, looks like we're seriously testing resistance at 1100.

Shocked i c, possible breakout you think? or we stay here for a while

Edit: i feel were goin down
sr. member
Activity: 336
Merit: 250
♫ the AM bear who cares ♫
bulltrap in progress?

No, looks like we're seriously testing resistance at 1100.
hero member
Activity: 592
Merit: 500
bulltrap in progress?
sr. member
Activity: 406
Merit: 250
the fact that max has mentioned quark coin has pretty much convinced me that he's in the game for the sole purpose pumping and dumping. i'll watch his videos, but fuck him.. i don't think he's some sort of angel.

true, I noticed he follows a pumper on twitter.. https://twitter.com/fontase
sr. member
Activity: 434
Merit: 250
the fuck's up with quarkcoin
been wondering this, the quark enthusiasts are very into it in a genuine, non scammy seeming way, but I have been to lazy to figure out what is going on with it

I get the feeling that something might be, and I'm not into alts at all

Bill Still has been pumping it for some reason and I think Max Keiser got on board and has mentioned it a few times.

Sure the security aspect is good but to have 99% of coins mined in 6 months is just messed up.


the fact that max has mentioned quark coin has pretty much convinced me that he's in the game for the sole purpose pumping and dumping. i'll watch his videos, but fuck him.. i don't think he's some sort of angel.
sr. member
Activity: 406
Merit: 250
the fuck's up with quarkcoin
been wondering this, the quark enthusiasts are very into it in a genuine, non scammy seeming way, but I have been to lazy to figure out what is going on with it

I get the feeling that something might be, and I'm not into alts at all

Bill Still has been pumping it for some reason and I think Max Keiser got on board and has mentioned it a few times.

Sure the security aspect is good but to have 99% of coins mined in 6 months is just messed up.
sr. member
Activity: 266
Merit: 250
check the poll at the top of the page!

Didn't realize they changed it, thanks !

newbie
Activity: 41
Merit: 0
check the poll at the top of the page!
sr. member
Activity: 266
Merit: 250
So we've been above 1k for a week (with a couple flash-crashes but still)...

What's your take guys? Where are we headed?

sr. member
Activity: 336
Merit: 250
♫ the AM bear who cares ♫


I'm still dumbstruck.


it took me literately 3 mins to figure out 3 x 6 in my head after i saw what it was priced at. i dont get shocked or stunned at anything but that was just insane. i still have no idea how in the hell people could think ppc is worth anything close to that. its either crazy hype there is something huge im missing.

Insane. So let me get this straight..

During this crazy alt pumping month, you had shitload of LTC, PPC, some NMC annnd XPM?Huh?

What % did your BTC stash grew after it all settled?

I sold almost all my ppc. Almost no ltc.


Ltc is solid stuff.

Well, let me know when you're going to make your next trade. If you can make $2MM on accident you're doing something right.

If I can end up with $2MM after years of effort I'll consider it a success  Cheesy
legendary
Activity: 966
Merit: 1000
- - -Caveat Aleo- - -
legendary
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
It's hard to understand why NMC is traded heavily at all.  Isn't it just for websites?  With all that trading you'd think there are 1000s websites poping up every day.  Can anyone point me to even see an NMC site.

http://dot-bit.org/How_To_Browse_Bit_Domains

Let us know how you get on.
legendary
Activity: 896
Merit: 1006
First 100% Liquid Stablecoin Backed by Gold
It's hard to understand why NMC is traded heavily at all.  Isn't it just for websites?  With all that trading you'd think there are 1000s websites poping up every day.  Can anyone point me to even see an NMC site.
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