Topic: Wall Observer BTC/USD - Bitcoin price movement tracking &amp; discussion - page 32949. (Read 26467320 times)

Quote from: Jozzaboy on June 16, 2013, 08:59:10 AM

Quote from: ShroomsKit on June 16, 2013, 09:02:10 AM

The true bear indicator is rpietila selling off some bitcoins.

I'd believe its to pay off the private mental institution holding him Grin

Hear that Rpietila!? We are coming to get you! We want our unstoppable bull train back!

Chooooo choooooo

phoenix1

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Activity: 798

Merit: 1000

I do believe he has money and a lot of coins but the rest has to be a troll! He's creating a character.
It's too ridiculous and insane to be true.
Sauna's, 1000's of coins in open wallets that get stolen, mental institutions....haha no way.

He is certainly quite an unusual character, that's for sure. But if it wasn't true, he should be writing books, not hanging around here. Sometimes life is stranger that fiction ...

phoenix1

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Activity: 798

Merit: 1000

Quote from: molecular on June 16, 2013, 08:58:02 AM

Quote from: phoenix1 on June 16, 2013, 08:55:33 AM

Quote from: ShroomsKit on June 16, 2013, 08:51:02 AM

Quote from: phoenix1 on June 16, 2013, 08:55:33 AM

The true bear indicator is rpietila selling off some bitcoins.

I'd believe its to pay off the private mental institution holding him Grin

Come on, that and the supernode meeting and those hilarious stories are all part of his trolling right?

One can never be entirely sure, but I don't think so

Me neither. Dude is serious and one has to hold that in his favor.

Yup, and respect for recognising the need for help, seeking it, and admitting to it publicly

ShroomsKit

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Activity: 672

Merit: 500

Quote from: ShroomsKit on June 16, 2013, 08:51:02 AM

The true bear indicator is rpietila selling off some bitcoins.

I'd believe its to pay off the private mental institution holding him Grin

Come on, that and the supernode meeting and those hilarious stories are all part of his trolling right?

One can never be entirely sure, but I don't think so

I do believe he has money and a lot of coins but the rest has to be a troll! He's creating a character.
It's too ridiculous and insane to be true.
Sauna's, 1000's of coins in open wallets that get stolen, mental institutions....haha no way.

Jozzaboy

member

Activity: 98

Merit: 10

Quote from: phoenix1 on June 16, 2013, 08:55:33 AM

The true bear indicator is rpietila selling off some bitcoins.

I'd believe its to pay off the private mental institution holding him Grin

Hear that Rpietila!? We are coming to get you! We want our unstoppable bull train back!

molecular

donator

Activity: 2772

Merit: 1019

Quote from: ShroomsKit on June 16, 2013, 08:51:02 AM

Quote from: ShroomsKit on June 16, 2013, 08:51:02 AM

The true bear indicator is rpietila selling off some bitcoins.

I'd believe its to pay off the private mental institution holding him Grin

Come on, that and the supernode meeting and those hilarious stories are all part of his trolling right?

One can never be entirely sure, but I don't think so

Me neither. Dude is serious and one has to hold that in his favor.

phoenix1

hero member

Activity: 798

Merit: 1000

The true bear indicator is rpietila selling off some bitcoins.

I'd believe its to pay off the private mental institution holding him Grin

Come on, that and the supernode meeting and those hilarious stories are all part of his trolling right?

One can never be entirely sure, but I don't think so

ShroomsKit

hero member

Activity: 672

Merit: 500

The true bear indicator is rpietila selling off some bitcoins.

I'd believe its to pay off the private mental institution holding him Grin

Come on, that and the supernode meeting and those hilarious stories are all part of his trolling right?

gizmoh

legendary

Activity: 1428

Merit: 1000

Quote from: prof7bit on June 16, 2013, 07:41:28 AM

The true bear indicator is rpietila selling off some bitcoins.

I'd believe its to pay off the private mental institution holding him Grin

ShroomsKit

hero member

Activity: 672

Merit: 500

Quote from: Miz4r on June 16, 2013, 07:59:01 AM

If you look back at the bubble crash, then it's obvious that afterwards when the price went down below 100, every time the price went back up to above 100 in a relatively short time.

This happened several times, indicating that the market will not settle for a price below 100.

The bounces were smaller every time, indicating that the market will not (yet) want to go up. This means it will go down. If it can't go up here it will go down.

This will happen:

-> a little bit more bouncing around here at these levels
-> decisive move below $100, breaking previous lows (huge triangle break)
-> fear and panic
-> $50 -> bounce -> a few weeks of hope -> down again
-> $50 -> smaller bounce -> a few days of (smaller) hope -> down again
-> $50 -> uncertainty, fear -> break -> stops triggered and n00bs panic
-> $30 -> strong bounce -> a few months hope -> down agan
-> $30 -> smaller bounce - a few weeks (smaller) hope -> down again
-> $30 -> uncertainty, fear -> break -> more stops and more panic
-> $20
-> me converting most of my Fiat to BTC
-> price goes up again, third bubble slowly beginning.

I take it you are filthy rich from all the money you made trading?

Jozzaboy

member

Activity: 98

Merit: 10

-> a little bit more bouncing around here at these levels
-> decisive move below $100, breaking previous lows (huge triangle break)
-> fear and panic
-> $50 -> bounce -> a few weeks of hope -> down again
-> $50 -> smaller bounce -> a few days of (smaller) hope -> down again
-> $50 -> uncertainty, fear -> break -> stops triggered and n00bs panic
-> $30 -> strong bounce -> a few months hope -> down agan
-> $30 -> smaller bounce - a few weeks (smaller) hope -> down again
-> $30 -> uncertainty, fear -> break -> more stops and more panic
-> $20
-> me converting most of my Fiat to BTC
-> price goes up again, third bubble slowly beginning.

Always funny these kind of predictions. It's like someone predicting the weather in a month from now with precisely the hours of sun and rain we will have on a specific day. I would sooner put my faith in astrology than this fairy tale. Tongue

[/quote]

The true bear indicator is rpietila selling off some bitcoins.

molecular

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Activity: 2772

Merit: 1019

Quote from: samson on June 16, 2013, 06:22:17 AM

Quote from: solex on June 16, 2013, 06:13:49 AM

That vol spike on CM is completely bogus. It has done this before.
I was online at the time and a few hundred (edit: 1400) went through on bitcoinwisdom, but not thousands like CM has.

Someone else told me that on IRC - I thought I'd confirm it here.

That's very strange, how could this happen ?

just take a look at this thread: [BETA] MTGox websocket API, testers wanted

the title says it all

molecular

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Activity: 2772

Merit: 1019

Quote from: wonkytonky on June 16, 2013, 05:53:33 AM

last realy big selloff had also a nice bidwall .. got eaten like candy..

Angry

that's one thing about rising bids. If they concentrate close to market price, they can also mean fodder for dumpsters.

ChartBuddy

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Miz4r

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Quote from: prof7bit on June 16, 2013, 07:41:28 AM

If you look back at the bubble crash, then it's obvious that afterwards when the price went down below 100, every time the price went back up to above 100 in a relatively short time.

This happened several times, indicating that the market will not settle for a price below 100.

The bounces were smaller every time, indicating that the market will not (yet) want to go up. This means it will go down. If it can't go up here it will go down.

The bounces were smaller, but the dips also less deep. This indicates that the price is trying to settle down after the bubble and the volatile period afterwards. At first it seemed like 115-120 was a nice point for the price to settle on, but bulls reacted too early thinking the price could again grow sustainably from that basis and were punished with some big dumps. Now 100 seems to become the new 120.. is this the real basis we can grow sustainably from after a few months of consolidation or will bulls jump the gun again? We will see and find out soon enough.

Quote

This will happen:

-> a little bit more bouncing around here at these levels
-> decisive move below $100, breaking previous lows (huge triangle break)
-> fear and panic
-> $50 -> bounce -> a few weeks of hope -> down again
-> $50 -> smaller bounce -> a few days of (smaller) hope -> down again
-> $50 -> uncertainty, fear -> break -> stops triggered and n00bs panic
-> $30 -> strong bounce -> a few months hope -> down agan
-> $30 -> smaller bounce - a few weeks (smaller) hope -> down again
-> $30 -> uncertainty, fear -> break -> more stops and more panic
-> $20
-> me converting most of my Fiat to BTC
-> price goes up again, third bubble slowly beginning.

Always funny these kind of predictions. It's like someone predicting the weather in a month from now with precisely the hours of sun and rain we will have on a specific day. I would sooner put my faith in astrology than this fairy tale. Tongue

el_rlee

legendary

Activity: 1600

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