Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32887.

lucas.sev

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Quote from: jbcv on July 19, 2013, 05:06:06 AM

Quote from: lucas.sev on July 19, 2013, 04:53:37 AM

Quote from: jbcv on July 19, 2013, 04:49:43 AM

Quote from: lucas.sev on July 19, 2013, 04:46:03 AM

Quote from: jbcv on July 19, 2013, 04:43:08 AM

When there is very little trading going on, like right now, surely that would result in the price going down?

nope, it might just as well been a correction

well if the market is now correct then wouldn't that spark more trading?

large, single buys/sells spark more trading, nothing else.

ummm yess, when there is more trading, there is more trading, but i'm looking at why that would happen. what i'm thinking is that there would be a certain level of trading when the price is correct. when the price is low the market would be having a higher trading volume, and when it is high there would be less, which is why i think btc is over priced now.

nope, one buy or not sell is not 'more trading'. Well ok, ANY BUY/SELL is one more trade, but I think we mean actual action going on. One 3k buy or sell will trigger volume. 100 30btc buys and sells will not trigger further volume

jbcv

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Activity: 22

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Quote from: lucas.sev on July 19, 2013, 04:53:37 AM

Quote from: jbcv on July 19, 2013, 04:49:43 AM

Quote from: lucas.sev on July 19, 2013, 04:46:03 AM

Quote from: jbcv on July 19, 2013, 04:43:08 AM

When there is very little trading going on, like right now, surely that would result in the price going down?

nope, it might just as well been a correction

well if the market is now correct then wouldn't that spark more trading?

large, single buys/sells spark more trading, nothing else.

ummm yess, when there is more trading, there is more trading, but i'm looking at why that would happen. what i'm thinking is that there would be a certain level of trading when the price is correct. when the price is low the market would be having a higher trading volume, and when it is high there would be less, which is why i think btc is over priced now.

ChartBuddy

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

lucas.sev

sr. member

Activity: 252

Merit: 250

Quote from: jbcv on July 19, 2013, 04:49:43 AM

Quote from: lucas.sev on July 19, 2013, 04:46:03 AM

Quote from: jbcv on July 19, 2013, 04:43:08 AM

When there is very little trading going on, like right now, surely that would result in the price going down?

nope, it might just as well been a correction

well if the market is now correct then wouldn't that spark more trading?

large, single buys/sells spark more trading, nothing else.

jbcv

newbie

Activity: 22

Merit: 0

Quote from: lucas.sev on July 19, 2013, 04:46:03 AM

Quote from: jbcv on July 19, 2013, 04:43:08 AM

When there is very little trading going on, like right now, surely that would result in the price going down?

nope, it might just as well been a correction

well if the market is now correct then wouldn't that spark more trading?

lucas.sev

sr. member

Activity: 252

Merit: 250

Quote from: jbcv on July 19, 2013, 04:43:08 AM

When there is very little trading going on, like right now, surely that would result in the price going down?

nope, it might just as well been a correction

jbcv

newbie

Activity: 22

Merit: 0

When there is very little trading going on, like right now, surely that would result in the price going down?

JimboToronto

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You're never too old to think young.

bam

cosmicblue

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Activity: 282

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Quote from: Rampion on July 19, 2013, 04:11:30 AM

I use Shroomsy waves.

When a wave of butthurt hits this thread, I know it's time to SELL SELL SELL

Magic shrooms? Cool

Rampion

legendary

Activity: 1148

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I use Shroomsy waves.

When a wave of butthurt hits this thread, I know it's time to SELL SELL SELL

Cheesy

bitcodo

hero member

Activity: 509

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Can't upload avatar

I use Trotter waves (by Derek Edward Trotter).

BitPirate

full member

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RMBTB.com: The secure BTC:CNY exchange. 0% fee!

Quote from: micalith on July 19, 2013, 03:40:15 AM

one for the conspiracy buffs:

If gox is in deed resolving their bank transfers issue now, it seems very well timed. Stopping withdrawals happened as the bear market was gathering steam. Now that it's up, and arguably more bullish, transfers are 'allowed' again.

I'm not sure I am ready to believe my own BS just yet, but the timing seems really good to suggest a gox bear-buffer manipulation strategy.

To be honest, it arguably had the opposite effect as true price discovery was inhibited.

Also, judging by volume, Gox made plenty of money off the downtrends.

ChartBuddy

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Frozenlock

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Activity: 434

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http://thepiratebay.sx/torrent/5547867/Elliott_Wave_Educational_Video_Series_by_Robert_Prechter

Grin

Its About Sharing

legendary

Activity: 1442

Merit: 1000

Antifragile

Quote from: Rampion on July 19, 2013, 03:35:58 AM

Quote from: Frozenlock on July 19, 2013, 03:34:35 AM

Quote from: Rampion on July 19, 2013, 03:32:23 AM

Quote from: Paperweight on June 05, 2011, 12:18:23 AM

This time's it's different.

Stop spreading FUD!!! Tongue

Hey Frozenlock, how can I propose you as a mod? I think Blitz could use some help Cheesy

I say you three, and you shall be known as "The Trivium"...

ps - Anyone know of a good site to just get the basics of Elliot Wave? (I do think that is what guys are using when referring to waves? Ex Surfer here ;-) )

Rampion

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Quote from: solex on July 19, 2013, 03:48:51 AM

Ahh. The internet never forgets...

https://bitcointalksearch.org/topic/m.2449374

Yep - never, ever Cheesy

Frozenlock

sr. member

Activity: 434

Merit: 250

No...
No no no no.

I must remain strong.

It's a bunch of very improbable counts anyways

Best case scenario... we are going down. Grin

tutkarz

hero member

Activity: 546

Merit: 501

the problem with all predictions here is that you will know when bear market will end after it will end. Not before. And because long term trend is bullish and you can lose a lot of bitcoins when you finally realise trend reversal i think that selling precious bitcoins is just foolish.

solex

legendary

Activity: 1078

Merit: 1006

100 satoshis -> ISO code

Quote from: Rampion on July 19, 2013, 03:32:23 AM

Quote from: Frozenlock on July 19, 2013, 03:28:42 AM

2012:

(I should call that ABCDE rather than 12345, but this gives the idea.)

Quote from: Paperweight on June 05, 2011, 12:18:23 AM

This time's it's different.

Ahh. The internet never forgets...

https://bitcointalksearch.org/topic/m.2449374

micalith

hero member

Activity: 894

Merit: 501

one for the conspiracy buffs:

If gox is in deed resolving their bank transfers issue now, it seems very well timed. Stopping withdrawals happened as the bear market was gathering steam. Now that it's up, and arguably more bullish, transfers are 'allowed' again.

I'm not sure I am ready to believe my own BS just yet, but the timing seems really good to suggest a gox bear-buffer manipulation strategy.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32887. (Read 26644460 times)