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
[/quote]
dude all im saying is that so far today's low volume in trade shows that btc is over priced. do you agree or disagree?
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32890. (Read 26634286 times)
July 19, 2013, 05:18:42 AM
July 19, 2013, 05:10:35 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
July 19, 2013, 05:06:06 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.
July 19, 2013, 05:01:09 AM
July 19, 2013, 04:53:37 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.
July 19, 2013, 04:49:43 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?
July 19, 2013, 04:46:03 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
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?
July 19, 2013, 04:40:08 AM
bam
July 19, 2013, 04:17:08 AM
I use Shroomsy waves.
When a wave of butthurt hits this thread, I know it's time to SELL SELL SELL
Magic shrooms? When a wave of butthurt hits this thread, I know it's time to SELL SELL SELL
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
When a wave of butthurt hits this thread, I know it's time to SELL SELL SELL
July 19, 2013, 04:09:40 AM
I use Trotter waves (by Derek Edward Trotter).
July 19, 2013, 04:03:44 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.
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.
July 19, 2013, 04:01:18 AM
July 19, 2013, 03:57:32 AM
Stop spreading FUD!!!
Hey Frozenlock, how can I propose you as a mod? I think Blitz could use some help
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?
July 19, 2013, 03:51:43 AM
Yep - never, ever
July 19, 2013, 03:50:16 AM
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.
No no no no.
I must remain strong.
It's a bunch of very improbable counts anyways
Best case scenario... we are going down.
July 19, 2013, 03:49:09 AM
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.
July 19, 2013, 03:48:51 AM
2012:
(I should call that ABCDE rather than 12345, but this gives the idea.)
(I should call that ABCDE rather than 12345, but this gives the idea.)
This time's it's different.
Ahh. The internet never forgets...
https://bitcointalksearch.org/topic/m.2449374
Jump to: