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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32546. (Read 26608343 times)

full member
Activity: 205
Merit: 100
TEH WALLLLLS!!1!



dude, thats one of those wild cats some western morons try to domesticate, right... do you have the original video?
legendary
Activity: 1652
Merit: 1029
Just thought I'd come here to zzzzzzzzzzz
legendary
Activity: 2324
Merit: 1125
Meh, first it's time for the Bitcoin market to equalize again. The two main exchanges being >5% apart for such a long time is very bad. I don't know what the current price is  Cheesy
legendary
Activity: 1168
Merit: 1000
From watching the wall movement, it looks like we may well be heading north.
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
The cake is a lie.
legendary
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
I'm looking at weekly volume on mtGox (in BTC)

Last week it has been the week with the lowest volume since the week of Jun 20 2011. And that was the week with the hack and mtGox being offline for 4.5 days. LOL.


Low volume is a good set up for a breakout, no?

Yeah, that's right.

A breakout.

On the 3 day chart it does look like a base is forming for a massive breakout, both on Bitstamp and MtGox. There is no unease that the market is overvalued at this level, like there was a few months back.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
hero member
Activity: 601
Merit: 503
Bitcoin is dead.

-Walsietzsche

No, it is frozen until gox either goes insolvent or pays withdrawals.

No withdrawal --> no big sells incoming.

also no deposits --> no big buys.


bitstamp is not big enough to make action.
legendary
Activity: 1470
Merit: 1007
sr. member
Activity: 280
Merit: 250
Back above the monthly average - at last. Walls? No walls.
legendary
Activity: 1764
Merit: 1007
legendary
Activity: 1428
Merit: 1000
I'm looking at weekly volume on mtGox (in BTC)

Last week it has been the week with the lowest volume since the week of Jun 20 2011. And that was the week with the hack and mtGox being offline for 4.5 days. LOL.


Low volume is a good set up for a breakout, no?

In bitcoin (and virtually every speculative market) low volume with stagnant or slowly rising price almost always means heavy manipulation. Breakout? Depends on what the whales are plotting.

The whales won't plot to sell on a dysfunctional brokerage firm, big holders unwilling to sell on Gox, diminishing coins available on orderbook equals higher prices, manipulation on a flawed market is not really manipulation..
Low volume means low fees and less income for Gox.
hero member
Activity: 686
Merit: 500
Ultranode
I'm looking at weekly volume on mtGox (in BTC)

Last week it has been the week with the lowest volume since the week of Jun 20 2011. And that was the week with the hack and mtGox being offline for 4.5 days. LOL.


Low volume is a good set up for a breakout, no?

In bitcoin (and virtually every speculative market) low volume with stagnant or slowly rising price almost always means heavy manipulation. Breakout? Depends on what the whales are plotting.
hero member
Activity: 686
Merit: 500
Ultranode
Bitcoin is dead.

-Walsietzsche
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
Well it is essentially dysfunctional. If it's down or works as a bucket shop doesn't really matter apparantly.
sr. member
Activity: 454
Merit: 250
I'm looking at weekly volume on mtGox (in BTC)

Last week it has been the week with the lowest volume since the week of Jun 20 2011. And that was the week with the hack and mtGox being offline for 4.5 days. LOL.


Low volume is a good set up for a breakout, no?
donator
Activity: 2772
Merit: 1019
I'm looking at weekly volume on mtGox (in BTC)

Last week it has been the week with the lowest volume since the week of Jun 20 2011. And that was the week with the hack and mtGox being offline for 4.5 days. LOL.
uyo
newbie
Activity: 36
Merit: 0
wtf girls and guys, is 123 the new 5?


I was thinking about the same today.

Furthermore, from 5 it went only higher.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
I just bought into an RESP, for my younger son. and the 45-50 year old lady selling me the RESP, had heard of bitcoin. We fill out some forums and talk about bitcoin a bit here and there. I tell her bitcoin is the future and she looks at me like  Shocked,  and says i believe it!, turns out her husband is into investing and that how she heard about bitcoin, but still hasn't bought any, mostly because they are not sure how, lol. I gave her one of my  general purpose biz card with cavirtex.com on the back and told her to buy buy buy!  Grin

just thought i'd share that
donator
Activity: 2772
Merit: 1019
wtf girls and guys, is 123 the new 5?


I don't know. What I do know is that this thread has completely degenerated off topic.

I've always seen this thread as kind of a lounge. Doesn't fulfill that purpose any more, either.


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