Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32259.

SheHadMANHands

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Quote from: TERA on September 27, 2013, 07:01:05 PM

Quote from: NamelessOne on September 27, 2013, 04:42:58 PM

Quote from: SheHadMANHands on September 27, 2013, 03:23:36 PM

If $140 falls...

I doubt it will until this massive September long Pennant/triangle is over. Seems like it might end around Oct 5 and then KABOOM up we go. If it happens earlier I'd be happy, this thing has taken forever.

Or it could break down... why does everyone keep dismissing this possibility? Every day the required ta levels (Bollinger etc) to do so keeps creeping up (131 now), yet the market depth is failing to follow. In the past 2 months of 140 STILL no market depth has filled in. Its still only 5k to 130 (and trendbreak) and 20k to 120. Total bid depth is now $11.5m whereas 3 months ago at $110 market depth was at $16m! The volume is still low too (8k of today's volume is fake bot error) and ppl keep relentlessly dumping on stamp and btce.

Funny how at $145 a few weeks ago we were "heading to $180" quick. Now, after already falling 10%, we are "going down down down!"

Must be a lot of fools scooping up $5-10k worth of bitcoin every 30 minutes right now..

Odalv

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Quote from: TERA on September 27, 2013, 07:01:05 PM

Quote from: NamelessOne on September 27, 2013, 04:42:58 PM

Quote from: SheHadMANHands on September 27, 2013, 03:23:36 PM

If $140 falls...

I doubt it will until this massive September long Pennant/triangle is over. Seems like it might end around Oct 5 and then KABOOM up we go. If it happens earlier I'd be happy, this thing has taken forever.

Or it could break down... why does everyone keep dismissing this possibility? Every day the required ta levels (Bollinger etc) to do so keeps creeping up (131 now), yet the market depth is failing to follow. In the past 2 months of 140 STILL no market depth has filled in. Its still only 5k to 130 (and trendbreak) and 20k to 120. Total bid depth is now $11.5m whereas 3 months ago at $110 market depth was at $16m! The volume is still low too (8k of today's volume is fake bot error) and ppl keep relentlessly dumping on stamp and btce.

I think it is because this market is easy to manipulate.

NamelessOne

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Quote from: TERA on September 27, 2013, 07:01:05 PM

Quote from: NamelessOne on September 27, 2013, 04:42:58 PM

Quote from: SheHadMANHands on September 27, 2013, 03:23:36 PM

If $140 falls...

I doubt it will until this massive September long Pennant/triangle is over. Seems like it might end around Oct 5 and then KABOOM up we go. If it happens earlier I'd be happy, this thing has taken forever.

Or it could break down... why does everyone keep dismissing this possibility? Every day the required ta levels (Bollinger etc) to do so keeps creeping up (131 now), yet the market depth is failing to follow. In the past 2 months of 140 STILL no market depth has filled in. Its still only 5k to 130 (and trendbreak) and 20k to 120. Total bid depth is now $11.5m whereas 3 months ago at $110 market depth was at $16m! The volume is still low too (8k of today's volume is fake bot error) and ppl keep relentlessly dumping on stamp and btce.

Down is certainly always an option, but in most cases pennants follow the previous trend which was up in this case. Only time will tell. =)

TERA

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Quote from: NamelessOne on September 27, 2013, 04:42:58 PM

Quote from: SheHadMANHands on September 27, 2013, 03:23:36 PM

If $140 falls...

I doubt it will until this massive September long Pennant/triangle is over. Seems like it might end around Oct 5 and then KABOOM up we go. If it happens earlier I'd be happy, this thing has taken forever.

Or it could break down... why does everyone keep dismissing this possibility? Every day the required ta levels (Bollinger etc) to do so keeps creeping up (131 now), yet the market depth is failing to follow. In the past 2 months of 140 STILL no market depth has filled in. Its still only 5k to 130 (and trendbreak) and 20k to 120. Total bid depth is now $11.5m whereas 3 months ago at $110 market depth was at $16m! The volume is still low too (8k of today's volume is fake bot error) and ppl keep relentlessly dumping on stamp and btce.

SheHadMANHands

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Quote from: bobdude17 on September 27, 2013, 05:08:53 PM

There we go.

Edit: Fucking shitdamn son of a bitch.

looks like one guy just bought 600 at $140, but didn't push through.. lol

maybe you gotta rock it back and forth a bit before it tumbles.

bobdude17

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There we go.

Edit: Fucking shitdamn son of a bitch.

SheHadMANHands

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Wall forming @ $138

Richy_T

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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Quote from: QuestionAuthority on September 26, 2013, 07:03:48 PM

Probably but I don't have time for that. 10-15 years from now I won't be worried about hookers and blow. At that point my main concern will be diapers and geritol.

On the upside, waiting for six confirmations will give the Viagra time to kick in.

SheHadMANHands

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How much "money" do you think is in that bot's Mt Gox account?

prophetx

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he who has the gold makes the rules

Quote from: Walsoraj on September 27, 2013, 01:03:40 PM

I've made some good calls too. Why nobody suck my cock?

did not you say we would be in single digits by this week?

NamelessOne

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Quote from: SheHadMANHands on September 27, 2013, 03:23:36 PM

If $140 falls...

I doubt it will until this massive September long Pennant/triangle is over. Seems like it might end around Oct 5 and then KABOOM up we go. If it happens earlier I'd be happy, this thing has taken forever.

SheHadMANHands

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TheKoziTwo

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Quote from: ?? on ??

Quote from: bobdude17 on September 27, 2013, 03:06:38 PM

Quote from: ?? on ??

$500 in 6 months easy...

Bit of an understatement don't you think?

We went from about $30 to $266 extremely fast and that was when nobody knew about bitcoin.

This time we are starting at $140 and the whole world is watching...

*Plus China gets to play this time around.

I'm a pretty conservative guy. I'd not be shocked if we were $5,000 in six months looking at this difficulty curve but I'm not going to make that call on the record

bobdude17

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Quote from: SheHadMANHands on September 27, 2013, 03:23:36 PM

If $140 falls...

...then my resolve to go outside shall certainly fail.

SheHadMANHands

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If $140 falls...

wachtwoord

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Quote from: ?? on ??

Quote from: bobdude17 on September 27, 2013, 03:06:38 PM

Quote from: ?? on ??

$500 in 6 months easy...

Bit of an understatement don't you think?

We went from about $30 to $266 extremely fast and that was when nobody knew about bitcoin.

This time we are starting at $140 and the whole world is watching...

*Plus China gets to play this time around.

I'm a pretty conservative guy. I'd not be shocked if we were $5,000 in six months looking at this difficulty curve but I'm not going to make that call on the record

While I know and understand exponential growth and the waves of price growth that we have and will experience, the runup in the beginning of this year still caught me by surprise. The next will probably have the same effect. So yeah $5k in 6 months will shock me until I'm used to it and it's normal again. If the buying power of a Bitcoin is $5k in six months I'll definitely have a very cool party. Just no-one will understand why I'm so incredibly happy Tongue

bobdude17

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Activity: 454

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Quote from: ?? on ??

$500 in 6 months easy...

Bit of an understatement don't you think?

We went from about $30 to $266 extremely fast and that was when nobody knew about bitcoin.

This time we are starting at $140 and the whole world is watching...

*Plus China gets to play this time around.

adamstgBit

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Trusted Bitcoiner

new wall.

adamstgBit

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Quote from: bobdude17 on September 27, 2013, 02:54:16 PM

Quote from: SheHadMANHands on September 27, 2013, 01:13:37 PM

Someones trying very hard to suppress the price atm.. both gox and stamp, largely stamp.

What makes you say that?

I got this feeling too.

is it the constant 1BTC sells?

this is actually bullish, there are no more crazy people trying to flat out dump and buy back lower. Now they are more focused on getting the most for each bitcoin they sell.

SheHadMANHands

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Quote from: bobdude17 on September 27, 2013, 02:54:16 PM

Quote from: SheHadMANHands on September 27, 2013, 01:13:37 PM

Someones trying very hard to suppress the price atm.. both gox and stamp, largely stamp.

What makes you say that?

I got this feeling too.

Doing it on BitStamp again. Putting up a big Ask wall at $0.01 over whatever the highest bid is. Occasionally dropping it... putting it back up. Hasn't been working..

But it keeps the apparent spread between Mt Gox and BitStamp pretty high (in the hopes that it encourages dumpers on Gox perhaps).

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