Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32948.

vokain

legendary

Activity: 1834

Merit: 1019

Quote from: Its About Sharing on July 12, 2013, 04:54:17 AM

Really interesting, we are (obviously) at a key spot. I didn't draw that green line, that is the price Grin

We are overbought I'd say, very much so after the last big "bounce". And the candle appears like it was "pushed" down to the current level.

Up or Down? I really say down, but can feel the psychological push up.

http://i42.tinypic.com/2j2ymad.png

so why down, IAS?

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Its About Sharing

legendary

Activity: 1442

Merit: 1000

Antifragile

Really interesting, we are (obviously) at a key spot. I didn't draw that green line, that is the price Grin

We are overbought I'd say, very much so after the last big "bounce". And the candle appears like it was "pushed" down to the current level.

Up or Down? I really say down, but can feel the psychological push up.

lucas.sev

sr. member

Activity: 252

Merit: 250

Quote from: cosmicblue on July 12, 2013, 04:51:34 AM

...

So big buys trigger new price levels, this is enlightening. Or did you try to convey something else?

cosmicblue

sr. member

Activity: 282

Merit: 250

dexX7

legendary

Activity: 1106

Merit: 1026

Quote from: MoreFun on July 12, 2013, 03:53:39 AM

Quote from: dexX7 on July 12, 2013, 03:47:58 AM

There is a little flaw in this statement. Right now there are bids for 32k BTC down till 70, but actually it's $ 2.64M and the amount of buyable Bitcoin will be less, if the buying price is higher. Those $ 2.64M could buy up coins till 109.77 at the moment.

1k up or down doesn't matter, the point is that matters. You shouldn't think like that... 50%+ of that money on lower bids surely won't buy at those or higher prices.

I'm not sure, if I understand, what you are saying. 100 to almost 110 or to 120 is a very significant difference and depending on range and walls, this difference could be even bigger:

There is $ 5.75M down till 50 or bids for 87.65k Bitcoin. And there are roughly 90k Bitcoin till 250, but for a total amount of around $ 12M. So could you buy all coins up to 250 with the bids down to 50? Of course not, those $ 5.75M only allow you to buy coins up to around 135.

MikeH

sr. member

Activity: 406

Merit: 250

Quote from: Loozik on July 12, 2013, 04:13:33 AM

Adam, why is this picture so small?

it's not when you click on it.

bah, I accidently sold at 93 forgetting how my script worked, hope we drop a bit - temporarily :]

dan99

sr. member

Activity: 406

Merit: 250

Today high of $104.17 is amazing .. going back to its post $100 plus level

MickeyT2008

sr. member

Activity: 350

Merit: 250

This account was recently hacked

Quote from: ?? on ??

Holy crap! Waking up to this !
Thank god I covered my shorts below $70. Wish I had held onto the long though ...
Oh well ... sidelined for now
Happy Bull Day people !

Thanks, it's been a long time coming

vokain

legendary

Activity: 1834

Merit: 1019

Quote from: Its About Sharing on July 12, 2013, 04:19:32 AM

Quote from: vokain on July 12, 2013, 03:02:15 AM

Quote from: Its About Sharing on July 12, 2013, 02:56:30 AM

[1]The problem, as stated before, with TA and BTC is that it is a small market and easily affected/manipulated by a few cats with lots of money.

A learning lesson for all of us, is to be careful how much we let the posts here affect us all. We (including me) have no one to blame but ourselves. Don't direct emotional upset outwards, it all comes back to you.
[2]I even have a paid service and a part of the reason I didn't get back in at 68 was because of them "yelling" 50 is close. I just won't renew... You can "do" the same...

1. Then it was obvious TA shouldn't have been given as heavy of a consideration as many gave it.
2. try cypherdoc instead

his perspective which is different than waveaddicts might be what we all need here (long term vision!!!). I swear the average forum user here has the attention span of a gnat

Regarding TA, actually it is the opposite. I called the 4 bounces coming down and just didn't enter as I was worried about a big seller coming. Had I just went with the TA and been conservative, I would
have raised my fiat by 50%. If I had been aggressive and just followed the charts I would have easily doubled my position, really. Ouch.

And today I was told to watch out for a break above 92, I did watch, it broke and I bought. Sold back out for a small loss. Huh

So is it but eventually I'll be back in and mostly for good. Cheesy

it's okay i needed some excitement in my life this long summer too

)

Its About Sharing

legendary

Activity: 1442

Merit: 1000

Antifragile

Quote from: vokain on July 12, 2013, 03:02:15 AM

Quote from: Its About Sharing on July 12, 2013, 02:56:30 AM

[1]The problem, as stated before, with TA and BTC is that it is a small market and easily affected/manipulated by a few cats with lots of money.

A learning lesson for all of us, is to be careful how much we let the posts here affect us all. We (including me) have no one to blame but ourselves. Don't direct emotional upset outwards, it all comes back to you.
[2]I even have a paid service and a part of the reason I didn't get back in at 68 was because of them "yelling" 50 is close. I just won't renew... You can "do" the same...

1. Then it was obvious TA shouldn't have been given as heavy of a consideration as many gave it.
2. try cypherdoc instead

his perspective which is different than waveaddicts might be what we all need here (long term vision!!!). I swear the average forum user here has the attention span of a gnat

Regarding TA, actually it is the opposite. I called the 4 bounces coming down and just didn't enter as I was worried about a big seller coming. Had I just went with the TA and been conservative, I would
have raised my fiat by 50%. If I had been aggressive and just followed the charts I would have easily doubled my position, really. Ouch.

And today I was told to watch out for a break above 92 102, I did watch, it broke and I bought. Sold back out for a small loss. Huh

So is it but eventually I'll be back in and mostly for good. Cheesy

blackreplica

full member

Activity: 224

Merit: 100

Quote from: blackreplica on July 12, 2013, 03:37:54 AM

I haven't seen that many bubbles but I don't recall ever seeing one where the bottom was immediately followed by a massive unstoppable bull run?

Am I crazy? Too cautious?

Quoting my post from the last page. Be careful out there guys

Loozik

sr. member

Activity: 378

Merit: 250

Born to chew bubble gum and kick ass

Quote from: ChartBuddy on July 12, 2013, 04:02:00 AM

Adam, why is this picture so small?

barbs

hero member

Activity: 854

Merit: 1000

Bitstamp at 92 already...

micalith

hero member

Activity: 894

Merit: 501

I think it looks like these big players will carry on buying like this until enough people believe it's a reversal, i.e. break 110 or so., then wait until the price gets high enough to reap again

barbs

hero member

Activity: 854

Merit: 1000

Would it even be fair to call these bear turds? I'd say more like bull-shit

vokain

legendary

Activity: 1834

Merit: 1019

Quote from: gandhibt on July 12, 2013, 04:05:56 AM

1800 dump

what was that? wake me up when we get 10k sell wall dumps that sustain other dumpers

MickeyT2008

sr. member

Activity: 350

Merit: 250

This account was recently hacked

Quote from: gandhibt on July 12, 2013, 04:05:56 AM

1800 dump

When the price starts to climb sharply the bear traps get bigger too, I'm not worried, in fact I'd be cashing in on those if it weren't for the fact that I've just woken up, I think it's safer to just hold my BTC whilst I'm still half asleep, there'll be more bear traps to trade against when I'm properly awake on the way up yet

BitPirate

full member

Activity: 238

Merit: 100

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

LOL, watching Bitcoinity is fun.

An orchestrated "panic sell", followed by people blithely and happily continuing to buy at the normal price.

The dumpers tactics don't work any more.

gandhibt

full member

Activity: 238

Merit: 100

1800 dump

EDIT. I bet there's few others who are thinking of selling, because it came back from >100.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32948. (Read 26609734 times)