Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32232. (Read 26711605 times)
November 07, 2013, 09:21:59 AM
You can't apply technical analysis to a situation like this. We've probably started a full-on Bubble.
November 07, 2013, 09:21:40 AM
Looks like were hitting some resistance from Americans waking up and getting shaky fingers. Usually at this point I would think we were in for some slowdown, but after seeing how we ate through the 10k wall yesterday I wouldn't be surprised if we were at 350 by this afternoon.
Hmmm. That is positive thinking. So you are saying sub-310 = cheap coins ^^
I ain't sayin' shit. I said I wouldn't be surprised if we got to 350. Doesn't mean we will or I know what % chance there is of that happening. If we do to get to 350 all I'm gonna do is :smug:
November 07, 2013, 09:20:45 AM
kicking myself for not having 3 times the coin and losing faith of the past 6 months. what an idiot, what can you do.
I think my new strategy is if this goes down to 100$ just buy more and hold. I fail at trading and bitstamp is my new home and is unreliable for trading anyway.
I think my new strategy is if this goes down to 100$ just buy more and hold. I fail at trading and bitstamp is my new home and is unreliable for trading anyway.
So, it sounds like your new strategy is going to be kicking yourself because you didn't buy at $200.
November 07, 2013, 09:18:17 AM
Looks like were hitting some resistance from Americans waking up and getting shaky fingers. Usually at this point I would think we were in for some slowdown, but after seeing how we ate through the 10k wall yesterday I wouldn't be surprised if we were at 350 by this afternoon.
350 today is madness, in my opinion it is quite possible that we see 250 first, (as part of the final goodbye to anything 2XX).
It is already thursday, and in March it was generally the highest for the week. Weekend = crash.
Btw. does anyone know of a reliable leveraged platform for trading bitcoins? Bitfinex I know of. How about this?
I posted my impressions in another thread. You might want to look at https://bitcointalksearch.org/topic/wwwplus500com-anyone-but-me-trading-there-317353
November 07, 2013, 09:13:54 AM
Cup and handle, and then a breakout? Steep climb may be over for a bit.. 
November 07, 2013, 09:12:52 AM
What surprises me is how the price has got here despite some bad things happening this month in the bitcoin world:
1. inputs.io hacked and closed and 4100 coins stolen.
2. bitfunder.com closing down.
3. https://btct.co/ closed.
4. havelockinvestments now in panama hands.
5. bitmit closing.
Yet we have potential to go to 600-700 Nov - Dec.
So my reading of the charts is a bit like below:
1. inputs.io hacked and closed and 4100 coins stolen.
2. bitfunder.com closing down.
3. https://btct.co/ closed.
4. havelockinvestments now in panama hands.
5. bitmit closing.
Yet we have potential to go to 600-700 Nov - Dec.
So my reading of the charts is a bit like below:
November 07, 2013, 09:12:20 AM
Just to bring some perspective into current development. This is a 3-month Bitstamp log-scale chart.
The development was pretty linear up until 15-ish of October. After that, save for a small retraction at the end of October, it almost looks to go parabolic.
http://stanislavs.org/wp-content/uploads/2013/11/chart-3month.png
The development was pretty linear up until 15-ish of October. After that, save for a small retraction at the end of October, it almost looks to go parabolic.
http://stanislavs.org/wp-content/uploads/2013/11/chart-3month.png
imo->unless something funky happens to the blockchain~should keep pinning /\North...i did my best to bash it around 200zzz
lol 
November 07, 2013, 09:11:19 AM
Looks like were hitting some resistance from Americans waking up and getting shaky fingers. Usually at this point I would think we were in for some slowdown, but after seeing how we ate through the 10k wall yesterday I wouldn't be surprised if we were at 350 by this afternoon.
350 today is madness, in my opinion it is quite possible that we see 250 first, (as part of the final goodbye to anything 2XX).
It is already thursday, and in March it was generally the highest for the week. Weekend = crash.
Btw. does anyone know of a reliable leveraged platform for trading bitcoins? Bitfinex I know of. How about this?
They freeze trading when the market is volatile potentially increasing their edge; however, they are a publicly traded company so probably not a flight by night operation.
November 07, 2013, 09:09:10 AM
Just to bring some perspective into current development. This is a 3-month Bitstamp log-scale chart.
The development was pretty linear up until 15-ish of October. After that, save for a small retraction at the end of October, it almost looks to go parabolic.
The development was pretty linear up until 15-ish of October. After that, save for a small retraction at the end of October, it almost looks to go parabolic.
November 07, 2013, 09:08:52 AM
I really wonder when this madness is going to stop, at this rate it's a matter of hours to 400 USD/BTC.
I'm all for insane rallies, but this environment gives you very little trading fun, buy and hold is the only winner here.
I'm all for insane rallies, but this environment gives you very little trading fun, buy and hold is the only winner here.
The Nature of this digital defationary currency.
November 07, 2013, 09:07:00 AM
Looks like were hitting some resistance from Americans waking up and getting shaky fingers. Usually at this point I would think we were in for some slowdown, but after seeing how we ate through the 10k wall yesterday I wouldn't be surprised if we were at 350 by this afternoon.
Hmmm. That is positive thinking. So you are saying sub-310 = cheap coins ^^
November 07, 2013, 09:05:40 AM
Looks like were hitting some resistance from Americans waking up and getting shaky fingers. Usually at this point I would think we were in for some slowdown, but after seeing how we ate through the 10k wall yesterday I wouldn't be surprised if we were at 350 by this afternoon.
350 today is madness, in my opinion it is quite possible that we see 250 first, (as part of the final goodbye to anything 2XX).
It is already thursday, and in March it was generally the highest for the week. Weekend = crash.
Btw. does anyone know of a reliable leveraged platform for trading bitcoins? Bitfinex I know of. How about this?
November 07, 2013, 09:01:47 AM
November 07, 2013, 09:00:49 AM
Everyday there is 2-3 1k btc buy wall at stamp ,must be fresh money from some big corporation 
It is part of the wall that was around 260 that was pulled and moved higher, nothing fresh.
November 07, 2013, 08:52:18 AM
Looks like were hitting some resistance from Americans waking up and getting shaky fingers. Usually at this point I would think we were in for some slowdown, but after seeing how we ate through the 10k wall yesterday I wouldn't be surprised if we were at 350 by this afternoon.
November 07, 2013, 08:51:55 AM
Looks like that... Those walls appeared shortly after I got my meagre funds in.
Bitstamp is in a stand-off mode...
Bitstamp is in a stand-off mode...
November 07, 2013, 08:49:50 AM
A correction is on the way, the 4th sub-sub-sub-wave of the second sub-sub-wave of the strongest sub-wave of wave 5.
There are now 16.5k coins on the ask side, but most waiting to be sold at higher prices.
There are now 16.5k coins on the ask side, but most waiting to be sold at higher prices.
We all know how your previous analysis went sub sub sub par!
November 07, 2013, 08:45:38 AM
Everyday there is 2-3 1k btc buy wall at stamp ,must be fresh money from some big corporation
November 07, 2013, 08:44:38 AM
A correction is on the way, the 4th sub-sub-sub-wave of the second sub-sub-wave of the strongest sub-wave of wave 5.
There are now 16.5k coins on the ask side, but most waiting to be sold at higher prices.
There are now 16.5k coins on the ask side, but most waiting to be sold at higher prices.
November 07, 2013, 08:40:29 AM
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