Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32013. (Read 26608279 times)
November 14, 2013, 11:02:11 PM
November 14, 2013, 10:46:37 PM
Why do people assume that this is going to be another march/April style 800% bubble? You are forgetting that back then the time in between the last ATH of $32 was an entire 2 years of consolidation. This time it was only 6 months. Were likely to see a 2012 style increase instead.
Sorry to quote several pages back, but you should look at a graph.This may not be the April bubble, but it is definitely not standard fare for 2012. We've gone up 300% in what, a couple weeks?
November 14, 2013, 10:44:29 PM
I'm looking forward to when we hit $10k/btc. So glad I took those loans out.
Fine form, sir.
November 14, 2013, 10:41:04 PM
Range is tightening up....higher lows each time we test the upper limit.
If I had to predict I'd say we are in for more upwards movement when China wakes up.
Edit: Just shy of oversold on the 1 hour chart as well....
If I had to predict I'd say we are in for more upwards movement when China wakes up.
Edit: Just shy of oversold on the 1 hour chart as well....
November 14, 2013, 10:40:13 PM
I'm looking forward to when we hit $10k/btc. So glad I took those loans out.
November 14, 2013, 10:21:43 PM
It's important to reconcile the scopes of perception here, considering that most of these scopes cannot see the other:
a) We are literally sitting staring at the screen, waiting, chatting while we *decide* if the charts are about to consolidate, go bullish, go bearish, hit the moon, etc. This *is*, we *are* the pulse of the btc speculation ecosphere. We are standing in the boiler room watching the machine pump heat-- because we can see it's working just fine, sometimes it's hard to believe that it's too warm or cold upstairs. Classic myopia.
b) We have no idea, for the most part, what the Chinese are doing, in terms of sentiment, other that heavily buying in steadily. They are likely speculators and folks just like us, who see the newest, shiniest thing, or realize the coming value of a mature crypto account register.
c) Many of us have friends who are newly interested in Bitcoin, they are approaching us, actually listening to the conversation about cryptos. These people were afraid we'd pass out tinfoil hats at last Thanksgiving (some of us have done so forever, such is the nature of visionary (ahem, nuts)).
d) The upcoming Senate hearing (on the 18th), VC's throwing money to startups that we haven't even really begun to see the product of (Kraken, Coinsetter...), Forbes articles and in general continually more positive news spin and coverage. The proletariate will be what they have always been, the peeps.
e) The googly trends chart... oh, what correlation it carries is astounding. If there ever was a cogent point for 'don't read into it too much' it's this chart (albeit it's a trailing one, sadly :-/).
f) Bitcoin is hugely successful in any context. We know that, but it will be all the more obvious in 20 years. Yeah, duh, the internet and money had a bastard child. Why wouldn't it rock the casbah. So, stepping away from the cliff, we should take some pride in being involved, and be humbled to see a change for the good, away from manipulable capital that seeks nothing but further vampiric reduction of liberty, while enforcing a crippling cancerous consumption mantra. What was great for industrialization is now going the way of the dodo--> P2P kills centralization.
g) Asset, commodity, currency, protocol or whatever, it will adhere to price discovery if easily exchanged. Playas gonna play, haterz gonna hatez.
Conclusion: rpitella's (sp?) chart is really pretty good, so far, until it's not. We're going up too fast (for the last hot 10 seconds), so if trading's what you like, there will be a chance to increase your BTC count. Long term, to the moon. Peace out folks, and don't forget to set your bitcoinreminders (.com).
a) We are literally sitting staring at the screen, waiting, chatting while we *decide* if the charts are about to consolidate, go bullish, go bearish, hit the moon, etc. This *is*, we *are* the pulse of the btc speculation ecosphere. We are standing in the boiler room watching the machine pump heat-- because we can see it's working just fine, sometimes it's hard to believe that it's too warm or cold upstairs. Classic myopia.
b) We have no idea, for the most part, what the Chinese are doing, in terms of sentiment, other that heavily buying in steadily. They are likely speculators and folks just like us, who see the newest, shiniest thing, or realize the coming value of a mature crypto account register.
c) Many of us have friends who are newly interested in Bitcoin, they are approaching us, actually listening to the conversation about cryptos. These people were afraid we'd pass out tinfoil hats at last Thanksgiving (some of us have done so forever, such is the nature of visionary (ahem, nuts)).
d) The upcoming Senate hearing (on the 18th), VC's throwing money to startups that we haven't even really begun to see the product of (Kraken, Coinsetter...), Forbes articles and in general continually more positive news spin and coverage. The proletariate will be what they have always been, the peeps.
e) The googly trends chart... oh, what correlation it carries is astounding. If there ever was a cogent point for 'don't read into it too much' it's this chart (albeit it's a trailing one, sadly :-/).
f) Bitcoin is hugely successful in any context. We know that, but it will be all the more obvious in 20 years. Yeah, duh, the internet and money had a bastard child. Why wouldn't it rock the casbah. So, stepping away from the cliff, we should take some pride in being involved, and be humbled to see a change for the good, away from manipulable capital that seeks nothing but further vampiric reduction of liberty, while enforcing a crippling cancerous consumption mantra. What was great for industrialization is now going the way of the dodo--> P2P kills centralization.
g) Asset, commodity, currency, protocol or whatever, it will adhere to price discovery if easily exchanged. Playas gonna play, haterz gonna hatez.
Conclusion: rpitella's (sp?) chart is really pretty good, so far, until it's not. We're going up too fast (for the last hot 10 seconds), so if trading's what you like, there will be a chance to increase your BTC count. Long term, to the moon. Peace out folks, and don't forget to set your bitcoinreminders (.com).
post of the day, you will fit in just fine CryptoStorm
Hey, thanks for the kind words jojo!
I should have joined in months ago (lurker tendancies), honestly, there's just so much information to parse. 
November 14, 2013, 10:15:02 PM
It's important to reconcile the scopes of perception here, considering that most of these scopes cannot see the other:
a) We are literally sitting staring at the screen, waiting, chatting while we *decide* if the charts are about to consolidate, go bullish, go bearish, hit the moon, etc. This *is*, we *are* the pulse of the btc speculation ecosphere. We are standing in the boiler room watching the machine pump heat-- because we can see it's working just fine, sometimes it's hard to believe that it's too warm or cold upstairs. Classic myopia.
b) We have no idea, for the most part, what the Chinese are doing, in terms of sentiment, other that heavily buying in steadily. They are likely speculators and folks just like us, who see the newest, shiniest thing, or realize the coming value of a mature crypto account register.
c) Many of us have friends who are newly interested in Bitcoin, they are approaching us, actually listening to the conversation about cryptos. These people were afraid we'd pass out tinfoil hats at last Thanksgiving (some of us have done so forever, such is the nature of visionary (ahem, nuts)).
d) The upcoming Senate hearing (on the 18th), VC's throwing money to startups that we haven't even really begun to see the product of (Kraken, Coinsetter...), Forbes articles and in general continually more positive news spin and coverage. The proletariate will be what they have always been, the peeps.
e) The googly trends chart... oh, what correlation it carries is astounding. If there ever was a cogent point for 'don't read into it too much' it's this chart (albeit it's a trailing one, sadly :-/).
f) Bitcoin is hugely successful in any context. We know that, but it will be all the more obvious in 20 years. Yeah, duh, the internet and money had a bastard child. Why wouldn't it rock the casbah. So, stepping away from the cliff, we should take some pride in being involved, and be humbled to see a change for the good, away from manipulable capital that seeks nothing but further vampiric reduction of liberty, while enforcing a crippling cancerous consumption mantra. What was great for industrialization is now going the way of the dodo--> P2P kills centralization.
g) Asset, commodity, currency, protocol or whatever, it will adhere to price discovery if easily exchanged. Playas gonna play, haterz gonna hatez.
Conclusion: rpitella's (sp?) chart is really pretty good, so far, until it's not. We're going up too fast (for the last hot 10 seconds), so if trading's what you like, there will be a chance to increase your BTC count. Long term, to the moon. Peace out folks, and don't forget to set your bitcoinreminders (.com).
a) We are literally sitting staring at the screen, waiting, chatting while we *decide* if the charts are about to consolidate, go bullish, go bearish, hit the moon, etc. This *is*, we *are* the pulse of the btc speculation ecosphere. We are standing in the boiler room watching the machine pump heat-- because we can see it's working just fine, sometimes it's hard to believe that it's too warm or cold upstairs. Classic myopia.
b) We have no idea, for the most part, what the Chinese are doing, in terms of sentiment, other that heavily buying in steadily. They are likely speculators and folks just like us, who see the newest, shiniest thing, or realize the coming value of a mature crypto account register.
c) Many of us have friends who are newly interested in Bitcoin, they are approaching us, actually listening to the conversation about cryptos. These people were afraid we'd pass out tinfoil hats at last Thanksgiving (some of us have done so forever, such is the nature of visionary (ahem, nuts)).
d) The upcoming Senate hearing (on the 18th), VC's throwing money to startups that we haven't even really begun to see the product of (Kraken, Coinsetter...), Forbes articles and in general continually more positive news spin and coverage. The proletariate will be what they have always been, the peeps.
e) The googly trends chart... oh, what correlation it carries is astounding. If there ever was a cogent point for 'don't read into it too much' it's this chart (albeit it's a trailing one, sadly :-/).
f) Bitcoin is hugely successful in any context. We know that, but it will be all the more obvious in 20 years. Yeah, duh, the internet and money had a bastard child. Why wouldn't it rock the casbah. So, stepping away from the cliff, we should take some pride in being involved, and be humbled to see a change for the good, away from manipulable capital that seeks nothing but further vampiric reduction of liberty, while enforcing a crippling cancerous consumption mantra. What was great for industrialization is now going the way of the dodo--> P2P kills centralization.
g) Asset, commodity, currency, protocol or whatever, it will adhere to price discovery if easily exchanged. Playas gonna play, haterz gonna hatez.
Conclusion: rpitella's (sp?) chart is really pretty good, so far, until it's not. We're going up too fast (for the last hot 10 seconds), so if trading's what you like, there will be a chance to increase your BTC count. Long term, to the moon. Peace out folks, and don't forget to set your bitcoinreminders (.com).
post of the day, you will fit in just fine CryptoStorm
November 14, 2013, 10:11:10 PM
November 14, 2013, 10:02:11 PM
November 14, 2013, 09:59:22 PM
Search engine trends don't tell us anything other than the frequency of bots spamming searches to generate interest.
Unless you consider strong price correlation nothing.
I see you are new.
See that bright red Ignore on his account? He is a troll. We all ignored him and we don't want to see what he says.
When you quote what he says we all have to see it.
Sadly if you do this more than a few times we will start ignoring you as well so we don't have to see silly troll rants.
so please don't quote him or expect to be ignored by a good chunk of us.
thanks
Hey, Goat, thanks for the welcome words.
Right, I totally forgot that my quoting him makes it uncomfortable and kinda lame for everyone. I ignored maz already, as I just felt my IQ drop everytime... anyway, you get the idea.
And, more on point, *I* get the idea.
tl;dr Red is dead, glow is no go.
Thank you, sir.
November 14, 2013, 09:52:49 PM
Search engine trends don't tell us anything other than the frequency of bots spamming searches to generate interest.
Unless you consider strong price correlation nothing.
Both symptoms of pure manipulation.
November 14, 2013, 09:49:42 PM
Search engine trends don't tell us anything other than the frequency of bots spamming searches to generate interest.
Unless you consider strong price correlation nothing.
November 14, 2013, 09:46:04 PM
Search engine trends don't tell us anything other than the frequency of bots spamming searches to generate interest.
November 14, 2013, 09:39:37 PM
Of course China doesn't use google....does Baidu have stats like google does?
That may tell us more right now.
Edit:
Even if we see an L5 (76.4%) retrace, right now it will just touch $300 according to my calcs.
(It would be more healthy and reasonable to see an L3 (50%) down to $343.)
That may tell us more right now.
Edit:
Even if we see an L5 (76.4%) retrace, right now it will just touch $300 according to my calcs.
(It would be more healthy and reasonable to see an L3 (50%) down to $343.)
Yes, there is a Baidu trends (http://index.baidu.com/main/word.php?word=bitcoin).
Would you mind explaining how a 76.4% retrace gets you to $300? Er, whats an L5 retrace, please?
(I, personally, love the 'noise' on this forum btw-- to me, this *is* the place)
High 421.97
Low 265.01
L1 0.00% 422.0
L2 38.20% 362.0
L3 50.00% 343.5
L4 61.80% 325.0
L5 76.40% 302.1
L6 100.00% 265.0
These are standard fibonacci retracement percentages (based on the current rally on Bitstamp).
Normally we see the retrace touch the 76.4% level briefly, it is safer to place your buys at the 50% and a few at the 61.8% levels.
As someone mentioned, it's a little like fishing...lot's of patience...you set your lines and go to sleep....wake in the morning to see what you caught.
This (^^^^^) is really great, thank you for taking a minute to spell it out.
BTW, I'm just back from strolling over to the douchey 'unleash your inner bear' page, and, man, what a complete clusterfuck conflation of ignorance and downers (if you must indulge in sadochism: https://bitcointalksearch.org/topic/bears-thread-unleash-the-bear-in-you-in-this-thread-330588). Whew, calgon, take me away.
November 14, 2013, 09:31:33 PM
Of course China doesn't use google....does Baidu have stats like google does?
That may tell us more right now.
Edit:
Even if we see an L5 (76.4%) retrace, right now it will just touch $300 according to my calcs.
(It would be more healthy and reasonable to see an L3 (50%) down to $343.)
That may tell us more right now.
Edit:
Even if we see an L5 (76.4%) retrace, right now it will just touch $300 according to my calcs.
(It would be more healthy and reasonable to see an L3 (50%) down to $343.)
Yes, there is a Baidu trends (http://index.baidu.com/main/word.php?word=bitcoin).
Would you mind explaining how a 76.4% retrace gets you to $300? Er, whats an L5 retrace, please?
(I, personally, love the 'noise' on this forum btw-- to me, this *is* the place)
High 421.97
Low 265.01
L1 0.00% 422.0
L2 38.20% 362.0
L3 50.00% 343.5
L4 61.80% 325.0
L5 76.40% 302.1
L6 100.00% 265.0
These are standard fibonacci retracement percentages (based on the current rally on Bitstamp).
Normally we see the retrace touch the 76.4% level briefly, it is safer to place your buys at the 50% and a few at the 61.8% levels.
As someone mentioned, it's a little like fishing...lot's of patience...you set your lines and go to sleep....wake in the morning to see what you caught.
November 14, 2013, 09:26:19 PM
To me, this thread is the equivalent of a bar. Except the bar is filled with people who love to talk about bitcoin .
.Come here often?
November 14, 2013, 09:25:51 PM
It's important to reconcile the scopes of perception here, considering that most of these scopes cannot see the other:
a) We are literally sitting staring at the screen, waiting, chatting while we *decide* if the charts are about to consolidate, go bullish, go bearish, hit the moon, etc. This *is*, we *are* the pulse of the btc speculation ecosphere. We are standing in the boiler room watching the machine pump heat-- because we can see it's working just fine, sometimes it's hard to believe that it's too warm or cold upstairs. Classic myopia.
b) We have no idea, for the most part, what the Chinese are doing, in terms of sentiment, other that heavily buying in steadily. They are likely speculators and folks just like us, who see the newest, shiniest thing, or realize the coming value of a mature crypto account register.
c) Many of us have friends who are newly interested in Bitcoin, they are approaching us, actually listening to the conversation about cryptos. These people were afraid we'd pass out tinfoil hats at last Thanksgiving (some of us have done so forever, such is the nature of visionary (ahem, nuts)).
d) The upcoming Senate hearing (on the 18th), VC's throwing money to startups that we haven't even really begun to see the product of (Kraken, Coinsetter...), Forbes articles and in general continually more positive news spin and coverage. The proletariate will be what they have always been, the peeps.
e) The googly trends chart... oh, what correlation it carries is astounding. If there ever was a cogent point for 'don't read into it too much' it's this chart (albeit it's a trailing one, sadly :-/).
f) Bitcoin is hugely successful in any context. We know that, but it will be all the more obvious in 20 years. Yeah, duh, the internet and money had a bastard child. Why wouldn't it rock the casbah. So, stepping away from the cliff, we should take some pride in being involved, and be humbled to see a change for the good, away from manipulable capital that seeks nothing but further vampiric reduction of liberty, while enforcing a crippling cancerous consumption mantra. What was great for industrialization is now going the way of the dodo--> P2P kills centralization.
g) Asset, commodity, currency, protocol or whatever, it will adhere to price discovery if easily exchanged. Playas gonna play, haterz gonna hatez.
Conclusion: rpitella's (sp?) chart is really pretty good, so far, until it's not. We're going up too fast (for the last hot 10 seconds), so if trading's what you like, there will be a chance to increase your BTC count. Long term, to the moon. Peace out folks, and don't forget to set your bitcoinreminders (.com).
a) We are literally sitting staring at the screen, waiting, chatting while we *decide* if the charts are about to consolidate, go bullish, go bearish, hit the moon, etc. This *is*, we *are* the pulse of the btc speculation ecosphere. We are standing in the boiler room watching the machine pump heat-- because we can see it's working just fine, sometimes it's hard to believe that it's too warm or cold upstairs. Classic myopia.
b) We have no idea, for the most part, what the Chinese are doing, in terms of sentiment, other that heavily buying in steadily. They are likely speculators and folks just like us, who see the newest, shiniest thing, or realize the coming value of a mature crypto account register.
c) Many of us have friends who are newly interested in Bitcoin, they are approaching us, actually listening to the conversation about cryptos. These people were afraid we'd pass out tinfoil hats at last Thanksgiving (some of us have done so forever, such is the nature of visionary (ahem, nuts)).
d) The upcoming Senate hearing (on the 18th), VC's throwing money to startups that we haven't even really begun to see the product of (Kraken, Coinsetter...), Forbes articles and in general continually more positive news spin and coverage. The proletariate will be what they have always been, the peeps.
e) The googly trends chart... oh, what correlation it carries is astounding. If there ever was a cogent point for 'don't read into it too much' it's this chart (albeit it's a trailing one, sadly :-/).
f) Bitcoin is hugely successful in any context. We know that, but it will be all the more obvious in 20 years. Yeah, duh, the internet and money had a bastard child. Why wouldn't it rock the casbah. So, stepping away from the cliff, we should take some pride in being involved, and be humbled to see a change for the good, away from manipulable capital that seeks nothing but further vampiric reduction of liberty, while enforcing a crippling cancerous consumption mantra. What was great for industrialization is now going the way of the dodo--> P2P kills centralization.
g) Asset, commodity, currency, protocol or whatever, it will adhere to price discovery if easily exchanged. Playas gonna play, haterz gonna hatez.
Conclusion: rpitella's (sp?) chart is really pretty good, so far, until it's not. We're going up too fast (for the last hot 10 seconds), so if trading's what you like, there will be a chance to increase your BTC count. Long term, to the moon. Peace out folks, and don't forget to set your bitcoinreminders (.com).
this should be the new and/or improved bitcoin trading manifesto
November 14, 2013, 09:25:14 PM
To me, this thread is the equivalent of a bar. Except the bar is filled with people who love to talk about bitcoin .
.Come here often?
November 14, 2013, 09:24:53 PM
To me, this thread is the equivalent of a bar. Except the bar is filled with people who love to talk about bitcoin .
. November 14, 2013, 09:22:50 PM
Of course China doesn't use google....does Baidu have stats like google does?
That may tell us more right now.
Edit:
Even if we see an L5 (76.4%) retrace, right now it will just touch $300 according to my calcs.
(It would be more healthy and reasonable to see an L3 (50%) down to $343.)
That may tell us more right now.
Edit:
Even if we see an L5 (76.4%) retrace, right now it will just touch $300 according to my calcs.
(It would be more healthy and reasonable to see an L3 (50%) down to $343.)
Yes, there is a Baidu trends (http://index.baidu.com/main/word.php?word=bitcoin).
Would you mind explaining how a 76.4% retrace gets you to $300? Er, whats an L5 retrace, please?
(I, personally, love the 'noise' on this forum btw-- to me, this *is* the place)
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