Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32496.

prophetx

legendary

Activity: 1666

Merit: 1010

he who has the gold makes the rules

Quote from: ?? on ??

So bitcoin price is at the same point it was yesterday and bid sum has dropped only 500k...

That was a crash? Really? It was an epic bear trap to me, who sold at $175? LOL

that's not really a crash. more like a correction.

i think the real crash will happened after the bitcoin trust is listed and the winklevoss btc which are locked up right now flood the market and soak up all the fiat, this is sort of the run up in anticipation to that.

this is pure speculation

macsga

legendary

Activity: 1484

Merit: 1002

Strange, yet attractive.

Quote from: macsga on October 24, 2013, 03:02:02 AM

It was a well predicted correction (the last couple of days I've been looking for it). I believe $170-$180 is the limit down. I support the $300 jump too; but I am an optimistic person anyway... Grin

I *think* I was right about 7hrs ago (as per the limit down), now let's see the limit up... Tongue

jeezy

legendary

Activity: 1237

Merit: 1010

Quote from: molecular on October 24, 2013, 08:51:48 AM

Quote from: Luzio on October 24, 2013, 05:31:09 AM

Quote from: samson on October 24, 2013, 05:23:11 AM

I agree entirely.

Nobody in their right mind would sell another 5000-10000 BTC right now - they need to wait for the bids to fill in first.

I believe I said it earlier but he who dumps first wins. That 10k dump earlier was a real winner !

Yeah, but most bought in below 120 in june/july. I expected a bigger dump. But I agree, better wait till it calms down and moves up a bit and then do another round.

I think the next weeks will look much like Feb/Mar 2013: some days of good rise, then a healthy correction with relatively fast recovery,... rinse, repeat.

So, basically...

molecular

donator

Activity: 2772

Merit: 1019

Quote from: Luzio on October 24, 2013, 05:31:09 AM

Quote from: samson on October 24, 2013, 05:23:11 AM

I agree entirely.

Nobody in their right mind would sell another 5000-10000 BTC right now - they need to wait for the bids to fill in first.

I believe I said it earlier but he who dumps first wins. That 10k dump earlier was a real winner !

Yeah, but most bought in below 120 in june/july. I expected a bigger dump. But I agree, better wait till it calms down and moves up a bit and then do another round.

I think the next weeks will look much like Feb/Mar 2013: some days of good rise, then a healthy correction with relatively fast recovery,... rinse, repeat.

JimboToronto

legendary

Activity: 4242

Merit: 5039

You're never too old to think young.

Franktank

hero member

Activity: 560

Merit: 500

Miz4r

legendary

Activity: 1246

Merit: 1000

Those who haven't learned from the SR ''crash'' are just getting schooled again. Always great fun to watch them fail and squirm. Tongue

mah87

donator

Activity: 756

Merit: 500

-Bitcoin & Ripple-

Quote from: MoreFun on October 24, 2013, 08:37:38 AM

Quote from: ?? on ??

But ripple is so great!

STFU you are the only person I ignored.

thank you dear sir

stereotype

legendary

Activity: 1554

Merit: 1000

Quote from: oda.krell on October 24, 2013, 07:40:01 AM

tl;dr I like your current style a lot better than your pink RR period Tongue

Yep, reasoned and considered....still having visions of laptops that don't belong in saunas, tho. Tongue

MoreFun

legendary

Activity: 1008

Merit: 1003

WePower.red

Quote from: ?? on ??

But ripple is so great!

STFU you are the only person I ignored as you are really annoying.

mah87

donator

Activity: 756

Merit: 500

-Bitcoin & Ripple-

Quote from: JimboToronto on October 24, 2013, 08:31:44 AM

Quote from: ?? on ??

But ripple is so great!

woooow thank you so much

JimboToronto

legendary

Activity: 4242

Merit: 5039

You're never too old to think young.

Quote from: ?? on ??

But ripple is so great!

NewLiberty

legendary

Activity: 1204

Merit: 1002

Gresham's Lawyer

Quote from: Nagan on October 24, 2013, 05:20:05 AM

Excellent, this correction is damn healthy. The longer it hovers around 200, the better.

+1
The price curve was starting to bend up further. The exuberance gets checked and becomes a bit more rational exuberance rather than that other kind.

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

NewLiberty

legendary

Activity: 1204

Merit: 1002

Gresham's Lawyer

Quote from: mah87 on October 24, 2013, 07:40:37 AM

Quote from: molecular on October 24, 2013, 07:24:06 AM

Quote from: ?? on ??

ripple is the future : https://ripple.com/blog/xrp-for-prosperity-888-xrp-giveaway-open-in-china/

Last chance to come onboard

Oh for fucks sake you idiot, that's it. You already posted that unfounded crap.

I can accept your views (I don't agree with them, but I respect them), but the way you present them here is not worthy of a human being. You're getting on everyones nerves. How about going back into your parrot cage for a day two and cool down a bit?

ignore +1

Why are you so mad bro ?

Doubt he will answer as you are probably ignored, but since you have difficulty understanding meaning maybe I can help make it plain this once.
He is granting you some small measure of success in your ongoing goal of spreading hate for Ripple and yourself.

oda.krell

legendary

Activity: 1470

Merit: 1007

Hey, I don't know why you're doing that, but can you please stop posting empty posts? I only see your username and then nothing else. kthxbye

mah87

donator

Activity: 756

Merit: 500

-Bitcoin & Ripple-

Quote from: molecular on October 24, 2013, 07:24:06 AM

Quote from: ?? on ??

ripple is the future : https://ripple.com/blog/xrp-for-prosperity-888-xrp-giveaway-open-in-china/

Last chance to come onboard

Oh for fucks sake you idiot, that's it. You already posted that unfounded crap.

I can accept your views (I don't agree with them, but I respect them), but the way you present them here is not worthy of a human being. You're getting on everyones nerves. How about going back into your parrot cage for a day two and cool down a bit?

ignore +1

Why are you so mad bro ?

oda.krell

legendary

Activity: 1470

Merit: 1007

Quote from: rpietila on October 24, 2013, 04:40:49 AM

Quote from: klee on October 24, 2013, 03:40:33 AM

Quote from: rpietila on October 24, 2013, 03:36:46 AM

(Bitstamp figures used) If we set the beginning of the current upmove to $122, which was the base in early October, and the high point to $205.4, we have the following Fibonacci levels:

1st: $173.5
2nd: $153.9
3rd: $141.7

I have been successfully trading but watching the 2nd level almost always. If we are talking about a daily move, the base is the plateau in the last 12-24 hours, if medium-term move, the base is the last consensus when price was flat for several days or weeks.

We already touched $157 and now the price is going up with a vengeance. There are several scenarios:

- Price will continue to go up, and surpass the intermediate high of $205 in a few days, so that this will be remembered as a flashcrash. In February-March we had several of them, shaving off 20-30% of the price but leaving no mark except on those who sold out and did not manage to buy back in.

- Price will fall back to where we started ($120s), which questions the viability of the whole supposed uptrend or this October, turning it to a bull trap. meh87 is advocating this.

- We are currently experiencing a Fibonacci retracement on our way to higher highs. This would point to a reasonable probability of revisiting $150s, and underline the support found there. If I had money in the exchange, I would try to fish from there, and not hope for going any lower. If several days pass and the uptrend is resumed, the scenario still holds but the opportunity to buy has already passed.

Beautiful analysis!

Thanks. The initial crash dipped straight to the 1st Fibonacci level, and the second selloff is almost there in the 2nd level. If it had gone a few bucks lower, I would think that's it. Now I hope that we revisit the lows. No money at stake because I did not sell (it was a troll).

Perhaps I'll just have to send some to Bitstamp to be able to play..

You know, when you put effort into your analysis, your posts are actually worth reading. I'm not a great believer in Fibonacci ~~mysticism~~analysis, but the conclusions you arrive at are plausible, in my opinion.

tl;dr I like your current style a lot better than your pink RR period Tongue

crazy_rabbit

legendary

Activity: 1204

Merit: 1002

RUM AND CARROTS: A PIRATE LIFE FOR ME

Quote from: Ivanhoe on October 24, 2013, 06:41:02 AM

Quote from: Corelianer on October 24, 2013, 06:32:05 AM

Quote from: Luzio on October 24, 2013, 05:31:09 AM

Quote from: samson on October 24, 2013, 05:23:11 AM

I agree entirely.

Nobody in their right mind would sell another 5000-10000 BTC right now - they need to wait for the bids to fill in first.

I believe I said it earlier but he who dumps first wins. That 10k dump earlier was a real winner !

Yeah, but most bought in below 120 in june/july. I expected a bigger dump. But I agree, better wait till it calms down and moves up a bit and then do another round.

Makes sense, slowly letting the buyers buy up until the big whales is in the profit zone, then dump.

He who holds the longest wins. There are no signs of a ending uptrend.

Agreed.

molecular

donator

Activity: 2772

Merit: 1019

Quote from: ?? on ??

ripple is the future : https://ripple.com/blog/xrp-for-prosperity-888-xrp-giveaway-open-in-china/

Last chance to come onboard

Oh for fucks sake you idiot, that's it. You already posted that unfounded crap.

I can accept your views (I don't agree with them, but I respect them), but the way you present them here is not worthy of a human being. You're getting on everyones nerves. How about going back into your parrot cage for a day two and cool down a bit?

ignore +1

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32496. (Read 26726834 times)