Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31997. (Read 26608500 times)
November 15, 2013, 07:46:41 PM
Those people are going to be pissed when there's no weekend crash.
November 15, 2013, 07:44:55 PM
Bear critical mass in forum achieved.
I spy weak hands.
I spy weak hands.
November 15, 2013, 07:29:59 PM
Was that just the "crash"? Where are my cheap coins I want to double up!
November 15, 2013, 07:26:40 PM
This is different from the normal dip/retracement. Sellers are actually running a demolition on the large walls rather than just retracing over low bid depth. Also, over 900,000 coins were transferred today.
drunken aberrance....note to myself drink then think, think again then post.....anyone notice any outgoing coins from some of the big holders?
...i have no idea what to make of it either.There was a larger spike in bitcoin volume on October 25. We were at about $190 at the time. So, a more logical(in that there is "precedent"), but equally unrealistic interpretation is that a spike volume precedes a spike in value. See you can make anything mean anything if you don't think about it for very long. Don't worry about a large number of coins moving. The only case in which it would make sense to market sell that many coins is if bitcoin was completely dead, and you could quickly get something before all the bids were pulled. Large holders are not stupid. Even in a bear market, they would feed them slowly to maximize profit.
tl;dr - nothing to see here, move along
sorry, please file it under drunken posting, i should have thought about it some more instead of simply spitting it out.
lesson learned.
November 15, 2013, 07:22:29 PM
This is different from the normal dip/retracement. Sellers are actually running a demolition on the large walls rather than just retracing over low bid depth. Also, over 900,000 coins were transferred today.
had http://www.listentobitcoin.com/ running in the background and my box was constantly grumbling.
http://blockchain.info/charts/estimated-transaction-volume
this spike looks unreal
i'm overslept atm and on second beer and not sure what to think of this,
but i find it a bit disturbing. (at least on log scale it looks more comfortable)
are these coins from cold wallets flowing back into the system?
don't want to spread FUD, just want to understand what's going on.
.....anyone notice any outgoing coins from some of the big holders?
...i have no idea what to make of it either.There was a larger spike in bitcoin volume on October 25. We were at about $190 at the time. So, a more logical(in that there is "precedent"), but equally unrealistic interpretation is that a spike volume precedes a spike in value. See you can make anything mean anything if you don't think about it for very long. Don't worry about a large number of coins moving. The only case in which it would make sense to market sell that many coins is if bitcoin was completely dead, and you could quickly get something before all the bids were pulled. Large holders are not stupid. Even in a bear market, they would feed them slowly to maximize profit.
tl;dr - nothing to see here, move along
November 15, 2013, 07:21:42 PM
Will someone explain to me the ChartBuddy? Search function isn't helping me.
thanks.
November 15, 2013, 07:21:07 PM
We are so far oversold it isn't funny.
If there is another dump or wall it is just manipulation....someone is try to move the market to get more coins.
If there is another dump or wall it is just manipulation....someone is try to move the market to get more coins.
i agree stochastic on 1h chart dipped way down for the first time in a while
November 15, 2013, 07:20:41 PM
Ok maybe I'll keep one coin. But I found a flipper that I can put maybe 50k into an make 200k inside 3 months.
Sounds like a good deal. I was being a bit tongue-in-cheek about real estate. Anything other than $ (or £ or others) is better right now.
Don't be dissin GBP it's also making moves against the $
and it's purple. Sheeet.
Until it's back up to 2.0, I ain't listening. Its current dismal performance has cost me $$$
November 15, 2013, 07:11:40 PM
bear trap?
November 15, 2013, 07:09:56 PM
November 15, 2013, 07:05:18 PM
Will someone explain to me the ChartBuddy? Search function isn't helping me.
November 15, 2013, 07:03:12 PM
This is different from the normal dip/retracement. Sellers are actually running a demolition on the large walls rather than just retracing over low bid depth. Also, over 900,000 coins were transferred today.
had http://www.listentobitcoin.com/ running in the background and my box was constantly grumbling.
http://blockchain.info/charts/estimated-transaction-volume
this spike looks unreal
i'm overslept atm and on second beer and not sure what to think of this,
but i find it a bit disturbing. (at least on log scale it looks more comfortable)
are these coins from cold wallets flowing back into the system?
don't want to spread FUD, just want to understand what's going on.
.....anyone notice any outgoing coins from some of the big holders?
...i have no idea what to make of it either.https://blockchain.info/charts/bitcoin-days-destroyed
November 15, 2013, 07:02:04 PM
November 15, 2013, 06:59:21 PM
I don't mind a healthy correction, but something just felt fishy about this sell off. MtGox and Bitstamp starting dumping at the exact same time, while China was just sitting there doing nothing. Maybe some people were hoping that a sell off on MtGox and Bitstamp together could pull down China with it, but China seems to want nothing to do with this crap and is already back up close to 450.
no we are all good! ~ i just called the dragon himself! we will see what he has to say...9 times out of 10 he trusts my judgement!,,waiting on the ninja Chef now!
easy+ 
November 15, 2013, 06:57:15 PM
This is different from the normal dip/retracement. Sellers are actually running a demolition on the large walls rather than just retracing over low bid depth. Also, over 900,000 coins were transferred today.
had http://www.listentobitcoin.com/ running in the background and my box was constantly grumbling.
http://blockchain.info/charts/estimated-transaction-volume
this spike looks unreal
i'm overslept atm and on second beer and not sure what to think of this,
but i find it a bit disturbing. (at least on log scale it looks more comfortable)
are these coins from cold wallets flowing back into the system?
don't want to spread FUD, just want to understand what's going on.
anyone notice any outgoing coins from some of the big holders?
...i have no idea what to make of it either. seems like some might big spiking going on there. i wonder what's going on. November 15, 2013, 06:56:45 PM
$90 by Monday when the senate hearings are over.
you are all wrong ~ i should have confirmation in the next 24hours)))imo keep waiting to buy back in! haaa
easyyy!!! November 15, 2013, 06:56:32 PM
I don't mind a healthy correction, but something just felt fishy about this sell off. MtGox and Bitstamp starting dumping at the exact same time, while China was just sitting there doing nothing. Maybe some people were hoping that a sell off on MtGox and Bitstamp together could pull down China with it, but China seems to want nothing to do with this crap and is already back up close to 450.
November 15, 2013, 06:54:19 PM
Another leg down on Stamp, momentum drying up as selling pressure increases.
"Captain, I don't like the look of the mist."
"Captain, I don't like the look of the mist."
Well that was fun. Grabbed some coins @ $396. The bull rush to buy back at ~$400 was obvious. China could have led us lower but they more or less shrugged it off.
We could go lower this weekend, but the psychology of the new Bitcoiners may prevent it.
Watch the tape. Read the tape. It tells a story. When it's time to cross the road, look both ways and walk. Don't hesitate.
November 15, 2013, 06:54:12 PM
would have liked a bigger correction to keep the wrath of the bubble-pop gods at bay for longer . . .
November 15, 2013, 06:53:48 PM
This is different from the normal dip/retracement. Sellers are actually running a demolition on the large walls rather than just retracing over low bid depth. Also, over 900,000 coins were transferred today.
had http://www.listentobitcoin.com/ running in the background and my box was constantly grumbling.
http://blockchain.info/charts/estimated-transaction-volume
this spike looks unreal
i'm overslept atm and on second beer and not sure what to think of this,
but i find it a bit disturbing. (at least on log scale it looks more comfortable)
are these coins from cold wallets flowing back into the system?
don't want to spread FUD, just want to understand what's going on.
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