Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32374. (Read 26470039 times)
August 27, 2013, 11:23:40 AM
hey how did they get that much fiat into gox for that huge buy?
August 27, 2013, 11:20:54 AM
That's why TA is more or less useless. Market volume and liquidity is not nearly large enough to make it meaningful.
Bingo.I disagree. If you had (and if you still do) look at just the money flow index, you'll see that the last time we were this close to being overbought in the last 6 months, was the rise to 260. This rise was and is easily predicted through TA. In fact, this rise could actually surpass the BTC all time high but we'll see. My guess, is we're in for some massive gains over the coming days. 200 is going to get run through like nothing.
Congrats Bulls!
hey moron,
last time was preceded by massive inflows of money to gox. not happening now.
we go to $180, and no more. We level there until gox fixes its shit
i would strongly prefer us not going to more then $150 right now to be honest. Slow and steady. I'd like us to even just hang out at $130 for the next two weeks before heading to $150. I'd be happier with a reliable value rather then just a high value that's doomed to crash as fast as it peaked.
Shhhhh. We want quick profit and buy back low.
August 27, 2013, 11:12:27 AM
That's why TA is more or less useless. Market volume and liquidity is not nearly large enough to make it meaningful.
Bingo.I disagree. If you had (and if you still do) look at just the money flow index, you'll see that the last time we were this close to being overbought in the last 6 months, was the rise to 260. This rise was and is easily predicted through TA. In fact, this rise could actually surpass the BTC all time high but we'll see. My guess, is we're in for some massive gains over the coming days. 200 is going to get run through like nothing.
Congrats Bulls!
hey moron,
last time was preceded by massive inflows of money to gox. not happening now.
we go to $180, and no more. We level there until gox fixes its shit
i would strongly prefer us not going to more then $150 right now to be honest. Slow and steady. I'd like us to even just hang out at $130 for the next two weeks before heading to $150. I'd be happier with a reliable value rather then just a high value that's doomed to crash as fast as it peaked.
Every time it peaks crashes peaks crashes, I end up with more bitcoin wealth.....
August 27, 2013, 11:08:10 AM
That's why TA is more or less useless. Market volume and liquidity is not nearly large enough to make it meaningful.
Bingo.I disagree. If you had (and if you still do) look at just the money flow index, you'll see that the last time we were this close to being overbought in the last 6 months, was the rise to 260. This rise was and is easily predicted through TA. In fact, this rise could actually surpass the BTC all time high but we'll see. My guess, is we're in for some massive gains over the coming days. 200 is going to get run through like nothing.
Congrats Bulls!
hey moron,
last time was preceded by massive inflows of money to gox. not happening now.
we go to $180, and no more. We level there until gox fixes its shit
i would strongly prefer us not going to more then $150 right now to be honest. Slow and steady. I'd like us to even just hang out at $130 for the next two weeks before heading to $150. I'd be happier with a reliable value rather then just a high value that's doomed to crash as fast as it peaked.
August 27, 2013, 11:02:17 AM
August 27, 2013, 10:54:21 AM
That's why TA is more or less useless. Market volume and liquidity is not nearly large enough to make it meaningful.
Bingo.I disagree. If you had (and if you still do) look at just the money flow index, you'll see that the last time we were this close to being overbought in the last 6 months, was the rise to 260. This rise was and is easily predicted through TA. In fact, this rise could actually surpass the BTC all time high but we'll see. My guess, is we're in for some massive gains over the coming days. 200 is going to get run through like nothing.
Congrats Bulls!
hey moron,
last time was preceded by massive inflows of money to gox. not happening now.
we go to $180, and no more. We level there until gox fixes its shit
August 27, 2013, 10:52:14 AM
That's why TA is more or less useless. Market volume and liquidity is not nearly large enough to make it meaningful.
Bingo.I disagree. If you had (and if you still do) look at just the money flow index, you'll see that the last time we were this close to being overbought in the last 6 months, was the rise to 260. This rise was and is easily predicted through TA. In fact, this rise could actually surpass the BTC all time high but we'll see. My guess, is we're in for some massive gains over the coming days. 200 is going to get run through like nothing.
Congrats Bulls!
See, I try and take my own advice. Remain calm, catiously optimistic.. and wait until i hear some solid news resulting from today and yesterdays meetings.. Then i read something like this.. and get all excited again!!
August 27, 2013, 10:30:12 AM
That's why TA is more or less useless. Market volume and liquidity is not nearly large enough to make it meaningful.
Bingo.I disagree. If you had (and if you still do) look at just the money flow index, you'll see that the last time we were this close to being overbought in the last 6 months, was the rise to 260. This rise was and is easily predicted through TA. In fact, this rise could actually surpass the BTC all time high but we'll see. My guess, is we're in for some massive gains over the coming days. 200 is going to get run through like nothing.
Congrats Bulls!
August 27, 2013, 10:13:55 AM
Where the hell is the 180 I was promised?
Patience is a virtue. It's still only August 27. August 27, 2013, 10:02:24 AM
August 27, 2013, 09:59:16 AM
Where the hell is the 180 I was promised?
August 27, 2013, 09:53:47 AM
But what role does Occam's Razor have in this market?
Attach a formula to it, like the double derivative of sin(), through it to the even-toed ungulates, and see what happens.
August 27, 2013, 09:47:29 AM
If ChartBuddy was a little more innovative, every 1 out of 100 charts would be a 100-frame animated version..
I think that would be cool and not very hard to do.
Not terribly tricky actually. I'm pretty familiar with all the tools needed.
August 27, 2013, 09:28:55 AM
Hey MBP, do you have an updated chart perchance? I loved your take on things.
August 27, 2013, 09:02:21 AM
August 27, 2013, 08:54:16 AM
I still maintain that Bitcoin's next spike won't take two years to come around.
Buy and hold now for a VERY merry Xmas
I too am fascinated by conspiracy theories and have even been known to fashion headwear from pressed aluminium.
But hey, it could just be that people want a lot of BTC because they believe in it or at least think it's going up in value a lot in a short space of time.
But what role does Occam's Razor have in this market?
Buy and hold now for a VERY merry Xmas
I too am fascinated by conspiracy theories and have even been known to fashion headwear from pressed aluminium.
But hey, it could just be that people want a lot of BTC because they believe in it or at least think it's going up in value a lot in a short space of time.
But what role does Occam's Razor have in this market?
August 27, 2013, 08:32:09 AM
Lift-off commencing! 
This is obviously completely artificial. Look at the bid depth. 352 BTC in bids on $126 and 7357 on $127.
The bids on $127 are only there to push the price up into the higher sell range otherwise they would be at the lower price.
Why would someone pay $1 more than they have to for over 7000 BTC when there's only a tiny amount of bids on $126.
4 million dollar buy is artificial. right.
August 27, 2013, 08:31:00 AM
Could it be ... gosh .. end of the world ... someone who wanted 10K coins?
Not a chance.
True. They wanted much more than 10k. This was just a single day's acquisition, albeit a big one.
It cost considerably more than the 11k buy on July 28.
It looks like somebody's amassing quite the BTC holding. Who though? Could be anyone from a large corporation like Paypal to small but wealthy long-term investors like the Wankervoss twins.
It's probably not day-traders.
August 27, 2013, 08:09:03 AM
Could it be ... gosh .. end of the world ... someone who wanted 10K coins?
Not a chance.
August 27, 2013, 08:08:38 AM
Could it be ... gosh .. end of the world ... someone who wanted 10K coins?
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