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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32372. (Read 26712937 times)

hero member
Activity: 854
Merit: 1000
Whoa BTC-E is higher than Bitstamp
maz
full member
Activity: 140
Merit: 100
Somebody hit me with some bear, please! Not enough bears around here -- this makes me worry.  Undecided

If the 233$ peak was wave 5, and we saw the 3 down sub-sub-waves, followed by 2 up sub-sub-waves, of which
the second is much larger than the first, then we should see another 3 down sub-sub-waves.
Those new 3 down don't have to look like the previous 3 down, but if they do, we are on a descending trend.
If they look different, then it's possible to resume an uptrend and reach an ATH.
Right now, we already are in the 4th sub-sub-sub-wave of the second sub-sub-wave, so I expect to go down.
But for now the Chinese keep buying and Gox and other exchanges struggle to follow.
Maybe the Chinese will write a new chapter to the EW theory, exceptions to the rules?


As a newb to understanding trends and market analysis, I never know wither to take you seriously or not.
newbie
Activity: 37
Merit: 0
Somebody hit me with some bear, please! Not enough bears around here -- this makes me worry.  Undecided

If the 233$ peak was wave 5, and we saw the 3 down sub-sub-waves, followed by 2 up sub-sub-waves, of which
the second is much larger than the first, then we should see another 3 down sub-sub-waves.
Those new 3 down don't have to look like the previous 3 down, but if they do, we are on a descending trend.
If they look different, then it's possible to resume an uptrend and reach an ATH.
Right now, we already are in the 4th sub-sub-sub-wave of the second sub-sub-wave, so I expect to go down.
But for now the Chinese keep buying and Gox and other exchanges struggle to follow.
Maybe the Chinese will write a new chapter to the EW theory, exceptions to the rules?


These posts always make me feel like I'm in a surfing club. Smiley (No offence ment.)
legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Then I go to the in-laws farm for the weekend and no one in that village has even heard of bitcoin....and I start thinking, whats all the fuss about?

That *is* what all the fuss is about.

If everyone already knew about and used bitcoin, the price (whatever it was) would be about correct.
legendary
Activity: 2170
Merit: 1094
Somebody hit me with some bear, please! Not enough bears around here -- this makes me worry.  Undecided

If the 233$ peak was wave 5, and we saw the 3 down sub-sub-waves, followed by 2 up sub-sub-waves, of which
the second is much larger than the first, then we should see another 3 down sub-sub-waves.
Those new 3 down don't have to look like the previous 3 down, but if they do, we are on a descending trend.
If they look different, then it's possible to resume an uptrend and reach an ATH.
Right now, we already are in the 4th sub-sub-sub-wave of the second sub-sub-wave, so I expect to go down.
But for now the Chinese keep buying and Gox and other exchanges struggle to follow.
Maybe the Chinese will write a new chapter to the EW theory, exceptions to the rules?
donator
Activity: 1722
Merit: 1036
5) Ultimate believers that measure all their gains and losses in bitcoins and are hell-bent on increasing their bitcoin balance in every opportunity. "Selling" in their terminology is obtaining more bitcoins and USD is only relevant in the timing of gaining more coins.

rpietila are you still calling for correction down to $150 or whatever the number was? you said we were going down a few days ago. let's go down already!

Yes I was hoping to use my authority to take it to $150-$160 area to scoop more coins. But it didn't obey so I bailed out and sold all my USD at about 195. Now it can go whereever it will. I am always anxious when I hold USD or EUR. Gold, silver and bitcoin give me peace.

(The silver spoons joke was pretty good, since at times I have owned thousands of them, but not now.)
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
I think there are 3 types of bitcoiners at the moment.

1) The pre-$135/btc long term holder, who knows that right now btc's true value is not ~$200 and they will not buy at that price, when a discount may be around the corner, and feel btc's true value is around $100-$150.

2) day traders, don't care what the price is but the market volatility just now is not inviting to participate in.

3) October 2013 new blood from recent spike, to these folk anything under $230 is a good price as they have seen it's potential. They are probably the ones fueling this dance around the $200 mark.

A lot of excitement about the price rise recently but it appears to have no determination to continue. i think we are looking at $140 - $170 without a panic, in the following weeks. With panic who knows....The Chinese love their money, if it starts disappearing in front of their eyes....

4) True believers which think everything below $10,000 is too cheap to sell.

5) Ultimate believers that measure all their gains and losses in bitcoins and are hell-bent on increasing their bitcoin balance in every opportunity. "Selling" in their terminology is obtaining more bitcoins and USD is only relevant in the timing of gaining more coins.

rpietila are you still calling for correction down to $150 or whatever the number was? you said we were going down a few days ago. let's go down already!

rpietila owns more silver spoons then bitcoin...
hero member
Activity: 686
Merit: 500
I think there are 3 types of bitcoiners at the moment.

1) The pre-$135/btc long term holder, who knows that right now btc's true value is not ~$200 and they will not buy at that price, when a discount may be around the corner, and feel btc's true value is around $100-$150.

2) day traders, don't care what the price is but the market volatility just now is not inviting to participate in.

3) October 2013 new blood from recent spike, to these folk anything under $230 is a good price as they have seen it's potential. They are probably the ones fueling this dance around the $200 mark.

A lot of excitement about the price rise recently but it appears to have no determination to continue. i think we are looking at $140 - $170 without a panic, in the following weeks. With panic who knows....The Chinese love their money, if it starts disappearing in front of their eyes....

4) True believers which think everything below $10,000 is too cheap to sell.

5) Ultimate believers that measure all their gains and losses in bitcoins and are hell-bent on increasing their bitcoin balance in every opportunity. "Selling" in their terminology is obtaining more bitcoins and USD is only relevant in the timing of gaining more coins.

rpietila are you still calling for correction down to $150 or whatever the number was? you said we were going down a few days ago. let's go down already!
donator
Activity: 1722
Merit: 1036
I think there are 3 types of bitcoiners at the moment.

1) The pre-$135/btc long term holder, who knows that right now btc's true value is not ~$200 and they will not buy at that price, when a discount may be around the corner, and feel btc's true value is around $100-$150.

2) day traders, don't care what the price is but the market volatility just now is not inviting to participate in.

3) October 2013 new blood from recent spike, to these folk anything under $230 is a good price as they have seen it's potential. They are probably the ones fueling this dance around the $200 mark.

A lot of excitement about the price rise recently but it appears to have no determination to continue. i think we are looking at $140 - $170 without a panic, in the following weeks. With panic who knows....The Chinese love their money, if it starts disappearing in front of their eyes....

4) True believers which think everything below $10,000 is too cheap to sell.

5) Ultimate believers that measure all their gains and losses in bitcoins and are hell-bent on increasing their bitcoin balance in every opportunity. "Selling" in their terminology is obtaining more bitcoins and USD is only relevant in the timing of gaining more coins.
maz
full member
Activity: 140
Merit: 100
Why so slow? Everything bitcoin related is blowing up at the moment.

Indeed, although good news has a 1-2 week delay normally before it affects the price.

But that $27 to $855,000 story is everywhere. And just after the Novogratz thing... uh oh  Cool


If you read those news articles and your a geek, your probably already own bitcoin. If your not a geek, your probably an average Joe that will look up the bitcoin wiki site and go..what the hell? crypto what?
legendary
Activity: 1168
Merit: 1000
You're a little bitch if you sold yesterday or early today.  Cheesy

Peace and love.
hero member
Activity: 826
Merit: 508
Somebody hit me with some bear, please! Not enough bears around here -- this makes me worry.  Undecided
sr. member
Activity: 280
Merit: 250
Why so slow? Everything bitcoin related is blowing up at the moment.

Indeed, although good news has a 1-2 week delay normally before it affects the price.

But that $27 to $855,000 story is everywhere. And just after the Novogratz thing... uh oh  Cool

legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
i'm paying my bills, next week i'm going all in, i've seen enough... i advise everyone to GET YOUR MONEY OUT OF THE BANKS! and encrypt your ass, see you all on the other side. good luck.


time is now.
hero member
Activity: 686
Merit: 500
Ultranode
Maybe it is and always was a fake/manipulator-controlled pump.
hero member
Activity: 504
Merit: 500
I think everyone is waiting for a dip.
hero member
Activity: 518
Merit: 500
Why so slow? Everything bitcoin related is blowing up at the moment.

I was thinking the same thing. Maybe the community has just gotten that used to this so of stuff.
sr. member
Activity: 454
Merit: 250
Why so slow? Everything bitcoin related is blowing up at the moment.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
maz
full member
Activity: 140
Merit: 100
http://www.businessinsider.com/man-buys-bitcoin-forgets-about-it-remembers-finds-a-fortune-2013-10

"Kristoffer Koch invested 150 kroner ($26.60) in 5,000 bitcoins in 2009, after discovering them during the course of writing a thesis on encryption"

moral of the story?

buy $26.60 of btc, and wait 4 years

I have about 0.000145 in a slush pool account that I couldn't get out because it wasn't a large enough amount....it was from my failed laptop mining days....it humors me to think that one day that might be worth something...
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