Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32397. (Read 26470386 times)
August 21, 2013, 08:19:44 PM
Mmmmm, I can taste that downward momentum.
August 21, 2013, 08:18:07 PM
Couple of fresh askwalls... hmmm.
August 21, 2013, 08:02:38 PM
August 21, 2013, 08:00:54 PM
If 125 was the top, then by the 27th price should be between 115 and 120 IMO.
August 21, 2013, 07:47:42 PM
very short term predictions welcomed (and new debate started perhaps....) seems rally on bistamp finally started and gox just needs to break 125 to allow further rise. Bid/Ask graph on blockchained looks good, but also looks like a slight reversal... let's hope it's short term?
125 is the top. 
IMO:
August 21, 2013, 07:47:38 PM
the main question on my mind, which I probably won't get an answer...
The rule of thumb is if you don't know what the market is going to do or the conditions on the market are abnormal, stay away from the market.
good rule, that would probably end up ruling out a majority of those involved in "the market"
Yes
August 21, 2013, 07:45:18 PM
the main question on my mind, which I probably won't get an answer...
The rule of thumb is if you don't know what the market is going to do or the conditions on the market are abnormal, stay away from the market.
good rule, that would probably end up ruling out a majority of those involved in "the market"
August 21, 2013, 07:38:16 PM
the main question on my mind, which I probably won't get an answer...
The rule of thumb is if you don't know what the market is going to do or the conditions on the market are abnormal, stay away from the market.
August 21, 2013, 07:23:54 PM
things are finally interesting....
half my (long term holding) shares in AM are dropping like a stone, all the rest of BTC profit and new buy back is rising after a nice buy back at 103 on bstamp.
time to throw my uneducated comments into the room again.
why would people not believe that we have hit the bottom, and all those wait and see-ers who got interested around the bubble time but wanted to wait for it to deflate and get cheaper no be buying around this kind of time? How long do you have to wait and see?
the main question on my mind, which I probably won't get an answer, is do I hold the 100% BTC from now until Tuesday 27th GMT as I'm going away on holiday and there is no way I'm watching the charts during that time.
very short term predictions welcomed (and new debate started perhaps....) seems rally on bistamp finally started and gox just needs to break 125 to allow further rise. Bid/Ask graph on blockchained looks good, but also looks like a slight reversal... let's hope it's short term?
half my (long term holding) shares in AM are dropping like a stone, all the rest of BTC profit and new buy back is rising after a nice buy back at 103 on bstamp.
time to throw my uneducated comments into the room again.
why would people not believe that we have hit the bottom, and all those wait and see-ers who got interested around the bubble time but wanted to wait for it to deflate and get cheaper no be buying around this kind of time? How long do you have to wait and see?
the main question on my mind, which I probably won't get an answer, is do I hold the 100% BTC from now until Tuesday 27th GMT as I'm going away on holiday and there is no way I'm watching the charts during that time.
very short term predictions welcomed (and new debate started perhaps....) seems rally on bistamp finally started and gox just needs to break 125 to allow further rise. Bid/Ask graph on blockchained looks good, but also looks like a slight reversal... let's hope it's short term?
August 21, 2013, 07:02:43 PM
August 21, 2013, 06:43:41 PM
bitstamp just touched $113 !
BTCUSD keeps on surprising.
MtGox with its higher prices seems pretty much neutral, Bitstamp with prices lower than MtGox looks as if (probability lower than 50%) it wanted to drop to 85, BTC-e with prices even lower than Bitstamp looks as if (probability lower than 50%) it wanted to drop to only 90.
It is not a call (it can't be a call given such a shitty probability). I am just extremely curious about what is going to happen within the next 2 weeks given arbitrage peculiarities in the Bitcoin realm.
August 21, 2013, 06:02:48 PM
August 21, 2013, 05:02:39 PM
August 21, 2013, 04:41:59 PM
It looks like some negative momentum is building up.
Enough to offset the considerable positive momentum? Or just slow it down a little?
August 21, 2013, 04:15:15 PM
less than an hour until fed minutes released and fireworks commence!
dollar rally inc
are the fed mins out yet?
yes and they boring as usual. doubtful significant impact on btc either direction
let me guess
FED says it will stop buying 4B/Month immediately and start buying 8B/Month
Adam you are off buy a bit..... Fed bought 60 billion of treasuries in June.
http://www.zerohedge.com/news/2013-08-20/buyer-last-resort-guess-mystery-buyer-x?page=0
The current QE is supposed to be 85 billion a month split between MBS and government bonds. It seems it may be much more then 85 billion even now.
August 21, 2013, 04:12:03 PM
It looks like some negative momentum is building up.
Enough to offset the considerable positive momentum? Or just slow it down a little?I'm hoping for the latter while I wait for more CAD to reach my Virtex account. It seems that recently a $2 dip on Gox can trigger a $5 drop at VTX.
Do I risk a long wait withdrawing a few grand from Gox after doing arb from VTX? If the wait is less than a couple of months, and the funds are from fiat savings rather than those allocated to BTC, the only way I can lose is for Gox to turn out to be a total scam and never give me back my dollars.
At one point last night the spread was close to 30%. Even if it takes 3 months, that's a good profit that's secure regardless of the price of BTC rising or falling.
Pre-edit: I typed this hours ago but hadn't sent it when I got really busy and left it. I just looked at Virtex and it's jumped by $8.
Damn the new slow deposit system.
August 21, 2013, 04:02:47 PM
August 21, 2013, 04:02:12 PM
less than an hour until fed minutes released and fireworks commence!
dollar rally inc
are the fed mins out yet?
yes and they boring as usual. doubtful significant impact on btc either direction
let me guess
FED says it will stop buying 4B/Month immediately and start buying 8B/Month
Adam you are off buy a bit..... Fed bought 60 billion of treasuries in June.
http://www.zerohedge.com/news/2013-08-20/buyer-last-resort-guess-mystery-buyer-x?page=0
The current QE is supposed to be 85 billion a month split between MBS and government bonds. It seems it may be much more then 85 billion even now.
August 21, 2013, 03:58:57 PM
methinks that ask-wall falls today and we ROCKET to new highs
Methinks we will hover around this level for quite a few days before its resolution time.
care to wager some btc on that?
No, I will only get back into the game if and when the hourly/2-hourly indicators show a dip.
August 21, 2013, 03:51:21 PM
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