Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31686.

CryptStorm

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Quote from: jatajuta on November 22, 2013, 07:01:07 PM

Quote from: CryptStorm on November 22, 2013, 06:58:02 PM

Quote from: ardana123 on November 22, 2013, 06:49:50 PM

Quote from: kurious on November 22, 2013, 06:48:29 PM

Quote from: ardana123 on November 22, 2013, 06:43:43 PM

I think it's hilarious people think bitcoin is going mainstream. It's no way near ready to go mainstream, not the exchanges, not the protocol, not the services built around it. No way the price is going to stay at 1000+ for very long. Hordes of speculators will cash out. Yes i'm as bearish as it gets at the moment.

Shaky, maybe - but the trend and news is too positive (sentiment wise) so much news will feed through in to price in the medium term (which in Bitcoin terms is weeks) you can play the ups and downs, but it's only going up.

If we hit 900 frothily, we will hit 1000 nonchanatly, maybe not today, maybe not tomorrow - but soon.

If you like to gamble it's all good. But I'm just saying, once the hype dies down it's gonna get ugly.

The thing is, $775 looked like a top. But, then (just now) we got an uptick, ARMS movement, and the (usually trailing) Directional is with us. I agree that the news is hard to factor in to the equation, but remember that monies that are trying to enter the system may well view under $1000 as a good buy point. Who knows?

Also, remember how much you are believing that somehow $1000 is a magical number. Will you feel that way when the price is $1143 or $1375 or $2100?

Same happened with 100 dollars, it busted that in a week after correcting from 70 dollars, a very similar movement from today by the way.

Props to another Sierra Chart homieeeeeee! Boyeeeeee!

adamstgBit

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Trusted Bitcoiner

Quote from: jatajuta on November 22, 2013, 06:55:47 PM

https://www.youtube.com/watch?v=VvIaD8LryZ0&feature=youtu.be

Comments are disabled for this video.

Cool

ChartBuddy

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

hlynur

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Quote from: jatajuta on November 22, 2013, 06:55:47 PM

https://www.youtube.com/watch?v=VvIaD8LryZ0&feature=youtu.be

thanks, watching atm and waiting for the moment until keiser is going bananas...he's holding up good so far Cheesy

i'll put it on documentary thread (link in my signature)

ah, just 6min...a bit short for keiser to gain momentum Grin

jatajuta

sr. member

Activity: 365

Merit: 250

Quote from: CryptStorm on November 22, 2013, 06:58:02 PM

Quote from: ardana123 on November 22, 2013, 06:49:50 PM

Quote from: kurious on November 22, 2013, 06:48:29 PM

Quote from: ardana123 on November 22, 2013, 06:43:43 PM

I think it's hilarious people think bitcoin is going mainstream. It's no way near ready to go mainstream, not the exchanges, not the protocol, not the services built around it. No way the price is going to stay at 1000+ for very long. Hordes of speculators will cash out. Yes i'm as bearish as it gets at the moment.

Shaky, maybe - but the trend and news is too positive (sentiment wise) so much news will feed through in to price in the medium term (which in Bitcoin terms is weeks) you can play the ups and downs, but it's only going up.

If we hit 900 frothily, we will hit 1000 nonchanatly, maybe not today, maybe not tomorrow - but soon.

If you like to gamble it's all good. But I'm just saying, once the hype dies down it's gonna get ugly.

The thing is, $775 looked like a top. But, then (just now) we got an uptick, ARMS movement, and the (usually trailing) Directional is with us. I agree that the news is hard to factor in to the equation, but remember that monies that are trying to enter the system may well view under $1000 as a good buy point. Who knows?

Also, remember how much you are believing that somehow $1000 is a magical number. Will you feel that way when the price is $1143 or $1375 or $2100?

Same happened with 100 dollars, it busted that in a week after correcting from 70 dollars, a very similar movement from today by the way.

CryptStorm

full member

Activity: 126

Merit: 100

Quote from: ardana123 on November 22, 2013, 06:49:50 PM

Quote from: kurious on November 22, 2013, 06:48:29 PM

Quote from: ardana123 on November 22, 2013, 06:43:43 PM

I think it's hilarious people think bitcoin is going mainstream. It's no way near ready to go mainstream, not the exchanges, not the protocol, not the services built around it. No way the price is going to stay at 1000+ for very long. Hordes of speculators will cash out. Yes i'm as bearish as it gets at the moment.

Shaky, maybe - but the trend and news is too positive (sentiment wise) so much news will feed through in to price in the medium term (which in Bitcoin terms is weeks) you can play the ups and downs, but it's only going up.

If we hit 900 frothily, we will hit 1000 nonchanatly, maybe not today, maybe not tomorrow - but soon.

If you like to gamble it's all good. But I'm just saying, once the hype dies down it's gonna get ugly.

The thing is, $775 looked like a top. But, then (just now) we got an uptick, ARMS movement, and the (usually trailing) Directional is with us. I agree that the news is hard to factor in to the equation, but remember that monies that are trying to enter the system may well view under $1000 as a good buy point. Who knows?

Also, remember how much you are believing that somehow $1000 is a magical number. Will you feel that way when the price is $1143 or $1375 or $2100?

kurious

legendary

Activity: 2604

Merit: 1748

Quote from: macsga on November 22, 2013, 06:52:55 PM

Quote from: ardana123 on November 22, 2013, 06:49:50 PM

Quote from: kurious on November 22, 2013, 06:48:29 PM

Quote from: ardana123 on November 22, 2013, 06:43:43 PM

I think it's hilarious people think bitcoin is going mainstream. It's no way near ready to go mainstream, not the exchanges, not the protocol, not the services built around it. No way the price is going to stay at 1000+ for very long. Hordes of speculators will cash out. Yes i'm as bearish as it gets at the moment.

Shaky, maybe - but the trend and news is too positive (sentiment wise) so much news will feed through in to price in the medium term (which in Bitcoin terms is weeks) you can play the ups and downs, but it's only going up.

If we hit 900 frothily, we will hit 1000 nonchanatly, maybe not today, maybe not tomorrow - but soon.

If you like to gamble it's all good. But I'm just saying, once the hype dies down it's gonna get ugly.

I'm always reading your posts... When you get bully I always sell. It's always the best thing to do... (no meaning to offend btw) Wink

Don't get me wrong - I just sold a couple myself, it's a fucking yo yo, but the steps are up - buy back in the upper sevens aand then sit tight til the 900s...!

Wink

jatajuta

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Activity: 365

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https://www.youtube.com/watch?v=VvIaD8LryZ0&feature=youtu.be

TheKoziTwo

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Quote from: ardana123 on November 22, 2013, 06:43:43 PM

I think it's hilarious people think bitcoin is going mainstream. It's no way near ready to go mainstream, not the exchanges, not the protocol, not the services built around it. No way the price is going to stay at 1000+ for very long. Hordes of speculators will cash out. Yes i'm as bearish as it gets at the moment.

It's almost like by wearing his avatar you have become frozenlock himself. Possessed by his sly smile and moving eyebrows he may lead you to place a short position at the very bottom. Careful now.

bitcoinbible

newbie

Activity: 14

Merit: 0

Quote from: ardana123 on November 22, 2013, 06:43:43 PM

I think it's hilarious people think bitcoin is going mainstream. It's no way near ready to go mainstream, not the exchanges, not the protocol, not the services built around it. No way the price is going to stay at 1000+ for very long. Hordes of speculators will cash out. Yes i'm as bearish as it gets at the moment.

/\yes we are as we got the green light yesterday! ~ look at my siggy! Grin

FOREX-> CURRENCY PAIRS-> BTC/USD

macsga

legendary

Activity: 1484

Merit: 1002

Strange, yet attractive.

Quote from: ardana123 on November 22, 2013, 06:49:50 PM

Quote from: kurious on November 22, 2013, 06:48:29 PM

Quote from: ardana123 on November 22, 2013, 06:43:43 PM

I think it's hilarious people think bitcoin is going mainstream. It's no way near ready to go mainstream, not the exchanges, not the protocol, not the services built around it. No way the price is going to stay at 1000+ for very long. Hordes of speculators will cash out. Yes i'm as bearish as it gets at the moment.

Shaky, maybe - but the trend and news is too positive (sentiment wise) so much news will feed through in to price in the medium term (which in Bitcoin terms is weeks) you can play the ups and downs, but it's only going up.

If we hit 900 frothily, we will hit 1000 nonchanatly, maybe not today, maybe not tomorrow - but soon.

If you like to gamble it's all good. But I'm just saying, once the hype dies down it's gonna get ugly.

I'm always reading your posts... When you get bully I always sell. It's always the best thing to do... (no meaning to offend btw) Wink

ardana123

hero member

Activity: 504

Merit: 500

Quote from: kurious on November 22, 2013, 06:48:29 PM

Quote from: ardana123 on November 22, 2013, 06:43:43 PM

I think it's hilarious people think bitcoin is going mainstream. It's no way near ready to go mainstream, not the exchanges, not the protocol, not the services built around it. No way the price is going to stay at 1000+ for very long. Hordes of speculators will cash out. Yes i'm as bearish as it gets at the moment.

Shaky, maybe - but the trend and news is too positive (sentiment wise) so much news will feed through in to price in the medium term (which in Bitcoin terms is weeks) you can play the ups and downs, but it's only going up.

If we hit 900 frothily, we will hit 1000 nonchanatly, maybe not today, maybe not tomorrow - but soon.

If you like to gamble it's all good. But I'm just saying, once the hype dies down it's gonna get ugly.

kurious

legendary

Activity: 2604

Merit: 1748

Quote from: ardana123 on November 22, 2013, 06:43:43 PM

I think it's hilarious people think bitcoin is going mainstream. It's no way near ready to go mainstream, not the exchanges, not the protocol, not the services built around it. No way the price is going to stay at 1000+ for very long. Hordes of speculators will cash out. Yes i'm as bearish as it gets at the moment.

Shaky, maybe - but the trend and news is too positive (sentiment wise) so much news will feed through in to price in the medium term (which in Bitcoin terms is weeks) you can play the ups and downs, but it's only going up.

If we hit 900 frothily, we will hit 1000 nonchanatly, maybe not today, maybe not tomorrow - but soon.

beaconpcguru

full member

Activity: 189

Merit: 100

Hello

Quote from: ardana123 on November 22, 2013, 06:43:43 PM

I think it's hilarious people think bitcoin is going mainstream. It's no way near ready to go mainstream, not the exchanges, not the protocol, not the services built around it. No way the price is going to stay at 1000+ for very long. Hordes of speculators will cash out. Yes i'm as bearish as it gets at the moment.

BUY BUY your about to left behind trying to hitchhike on the cannonball run!

Its unfortunate you sold in July... but you can still join the mile high club with your leftover proceeds. Theres a difference between being a bull and just being a constant downer.

CryptStorm

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Activity: 126

Merit: 100

Quote from: Vigil on November 22, 2013, 06:39:26 PM

Quote from: tHash on November 22, 2013, 06:23:52 PM

Quote from: worldlybedouin on November 22, 2013, 06:18:41 PM

Quote from: Vigil on November 22, 2013, 06:16:44 PM

Where do you all think the price is going? I never expected for Bitcoin to rebound so quickly after that crash. I figured we would hang out at $300-$400 for a while.

I have no clue! I also thought we'd see $300-400 for at least a month if not more.

Why do so many think this? I did not sell at all because I had every confidence this would happen. There is a ton of data out there that points to exactly this scenario.

Uhh... because that is what usually happens after a mania and a crash. The price goes parabolic and drops back to some floor level. E.g., $265 -> $100; $30 -> $5. that is how it works. This time seems completely different. Based off of previous trends, we should be between $200 and $400 right now for the next couple months until the next adoption wave kicks in.

Yeah, I tend to agree-- this barrier here (the one we JUST broke through), almost puts us back in virgin territory. We had a chance to consolidate and apparently, there's a good bit of money coming onto the scene (I still don't understand how to quantify this, myself).

Maybe now we'll go to 1200 or 1500 or 1800 or 2300 and THEN 'crash' to 400 or 600.

ardana123

hero member

Activity: 504

Merit: 500

I think it's hilarious people think bitcoin is going mainstream. It's no way near ready to go mainstream, not the exchanges, not the protocol, not the services built around it. No way the price is going to stay at 1000+ for very long. Hordes of speculators will cash out. Yes i'm as bearish as it gets at the moment.

seanneko

full member

Activity: 196

Merit: 100

I think the $1000 wall is going to be a letdown for the bears. There will be resistance and some small corrections, but for the most part I can see us getting through it fine.

Everyone stressed out about hitting $266 again a few weeks ago and look how far we've come since.

jojo69

legendary

Activity: 3374

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diamond-handed zealot

poor pear

its sad, that huge crater where the bear bunker was Cry

Vigil

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Activity: 378

Merit: 250

Quote from: tHash on November 22, 2013, 06:23:52 PM

Quote from: worldlybedouin on November 22, 2013, 06:18:41 PM

Quote from: Vigil on November 22, 2013, 06:16:44 PM

Where do you all think the price is going? I never expected for Bitcoin to rebound so quickly after that crash. I figured we would hang out at $300-$400 for a while.

I have no clue! I also thought we'd see $300-400 for at least a month if not more.

Why do so many think this? I did not sell at all because I had every confidence this would happen. There is a ton of data out there that points to exactly this scenario.

Uhh... because that is what usually happens after a mania and a crash. The price goes parabolic and drops back to some floor level. E.g., $265 -> $100; $30 -> $5. that is how it works. This time seems completely different. Based off of previous trends, we should be between $200 and $400 right now for the next couple months until the next adoption wave kicks in.

ablewasiereisawelba

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Activity: 133

Merit: 100

Quote from: CryptStorm on November 22, 2013, 06:34:18 PM

Quote from: gandhibt on November 22, 2013, 06:30:39 PM

Quote from: ablewasiereisawelba on November 22, 2013, 06:28:49 PM

Have we confirmed whether or not there is a Chinese version of bitcointalk?

I want to know whether or not they are aware of the $1k psychological barrier over here.

how dumb you think they are?

BWAHAHAHAHAHAHA!

That's hilarious. But, perhaps he was suggesting that another number had a greater cultural barrier, psychologically, like 8888 Cheesy

Kind of. BTC hasn't been big in China for as long, so the Chinese presumably haven't read years of English speakers saying that they will sell at $1k. We blow it out of proportion to the point where I think it might be a self-fulfilling prophecy at this point. It isn't xenophobic of me to not assume that they're aware of how big a deal it is to us.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31686. (Read 26609319 times)