▼ mtgoxUSD 95.7259
▼ bitstampUSD 89.0500
▼ btceUSD 89.9860
It's interesting that the other exchanges are consistently trading lower than MtGox's low of 92. This has been going on for over a week now, so apparently there is still no efficient way to arbitrage it.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33152. (Read 26710527 times)
June 29, 2013, 06:09:22 PM
June 29, 2013, 06:08:47 PM
Shroomskit, did you sell yet?
He'll sell at the bottom.
June 29, 2013, 06:05:30 PM
Shroomskit, did you sell yet?
June 29, 2013, 06:01:49 PM
June 29, 2013, 05:57:12 PM
Would not be putting too much money one hitting 104 before we drop again ... TBH I think the top may be in already and we may slide sooner rather than later
If Blitz is looking for what I think he is looking for, then he is looking for a technique called ''Four legged shaggy kung fu master kills the Dodo''.
I am myself looking to use this technique. I would rather not tell you what this technique is all about, because I would then feel the need to kill you.
We Xiaolin monks protect our secret techniques
June 29, 2013, 05:40:37 PM
The green daily candle forming today is VERY similar to that of 25th of June, the day after the previous downmove. It is a bearish candle generally showing a failed attempt at a rally. Today looks like another failed rally after a step down. So if history repeats, we may go sideways for a day or two, followed by a continuation of the downtrend ... or not 
Okay, then I'll go long when this pattern is completed. What price should I place my buy order?
I am looking at low 80's as the next target for a decent bounce personally
Man, are you viewing my posts as I'm writing them?
No, I am writing through you ... muhahahaha
June 29, 2013, 05:35:56 PM
Prediction for this week...
June 29, 2013, 05:34:48 PM
The green daily candle forming today is VERY similar to that of 25th of June, the day after the previous downmove. It is a bearish candle generally showing a failed attempt at a rally. Today looks like another failed rally after a step down. So if history repeats, we may go sideways for a day or two, followed by a continuation of the downtrend ... or not
Okay, then I'll go long when this pattern is completed. What price should I place my buy order?
I am looking at low 80's as the next target for a decent bounce personally
If the picture poster is correct with his two circled candles (he should have used a non-log scale and a better resolution) then one might expect:
- first the price to jump to 104
- then sharply decline to 86-84
- and then go up to about 105
This is just my assumption of what he might look for, if indeed he looked for the pattern in which we are now between point 3 and 4.
June 29, 2013, 05:33:29 PM
Yes the Libertarian ideal is a lie. That's the joke. Libertarians are Republicans in disguise.
If Libertarians were consistent, they'd be Anarchists
to clarify:
Libertarians: let's have just a little bit of cancer
Republicans, Democrats, Fascists, Communists: We love cancer. Let's have more of it!
Anarchists: WTF do not want
Yep, libertarians play the fence. They end up rich they're republicans, poor they're anarchists.
June 29, 2013, 05:31:21 PM
I almost think Bitstamp gives a clearer picture, much less manipulated than Gox...
Just call it a "feeling" but I say we hit 80 ish on Bitstamp in the next few days, with a low point of maybe $75 (hard bounce). And it may be a very hard bounce, not a reversal, just a fake. I say that as there is so much downward pressure building that when it bottoms it is going to come up hard. I don't think I'll trade this, things might get violent, Kung Fu Violent!
Just call it a "feeling" but I say we hit 80 ish on Bitstamp in the next few days, with a low point of maybe $75 (hard bounce). And it may be a very hard bounce, not a reversal, just a fake. I say that as there is so much downward pressure building that when it bottoms it is going to come up hard. I don't think I'll trade this, things might get violent, Kung Fu Violent!
No the only thing that will stop the pressure now is an event or announcement. A positive one of course. A negative one would just put the gas on.
June 29, 2013, 05:30:49 PM
The green daily candle forming today is VERY similar to that of 25th of June, the day after the previous downmove. It is a bearish candle generally showing a failed attempt at a rally. Today looks like another failed rally after a step down. So if history repeats, we may go sideways for a day or two, followed by a continuation of the downtrend ... or not
Okay, then I'll go long when this pattern is completed. What price should I place my buy order?
I am looking at low 80's as the next target for a decent bounce personally
Man, are you viewing my posts as I'm writing them?
June 29, 2013, 05:28:19 PM
I almost think Bitstamp gives a clearer picture, much less manipulated than Gox...
Just call it a "feeling" but I say we hit 80 ish on Bitstamp in the next few days (edited) (hard bounce). And it may be a very hard bounce, not a reversal, just a fake. I say that as there is so much downward pressure building that when it bottoms it is going to come up hard. I don't think I'll trade this, things might get violent, Kung Fu Violent!
Just call it a "feeling" but I say we hit 80 ish on Bitstamp in the next few days (edited) (hard bounce). And it may be a very hard bounce, not a reversal, just a fake. I say that as there is so much downward pressure building that when it bottoms it is going to come up hard. I don't think I'll trade this, things might get violent, Kung Fu Violent!
June 29, 2013, 05:27:43 PM
The green daily candle forming today is VERY similar to that of 25th of June, the day after the previous downmove. It is a bearish candle generally showing a failed attempt at a rally. Today looks like another failed rally after a step down. So if history repeats, we may go sideways for a day or two, followed by a continuation of the downtrend ... or not
Okay, then I'll go long when this pattern is completed. What price should I place my buy order?
I am looking at low 80's as the next target for a decent bounce personally
June 29, 2013, 05:24:46 PM
Yes the Libertarian ideal is a lie. That's the joke. Libertarians are Republicans in disguise.
If Libertarians were consistent, they'd be Anarchists
to clarify:
Libertarians: let's have just a little bit of cancer
Republicans, Democrats, Fascists, Communists: We love cancer. Let's have more of it!
Anarchists: WTF do not want
June 29, 2013, 05:19:44 PM
The green daily candle forming today is VERY similar to that of 25th of June, the day after the previous downmove. It is a bearish candle generally showing a failed attempt at a rally. Today looks like another failed rally after a step down. So if history repeats, we may go sideways for a day or two, followed by a continuation of the downtrend ... or not
Okay, then I'll go long when this pattern is completed. What price should I place my buy order?
June 29, 2013, 05:18:39 PM
what is the pattern?Please elaborate.
The green daily candle forming today is VERY similar to that of 25th of June, the day after the previous downmove. It is a bearish candle generally showing a failed attempt at a rally. Today looks like another failed rally after a step down. So if history repeats, we may go sideways for a day or two, followed by a continuation of the downtrend ... or not
It looks bearish as the upper wick of the candle is long, the lower short, and the body small, meaning the price pushed higher, but failed to hold the gains and closed only marginally above where we opened (if we stay like this). Not a good indicator of strength.
Today is also an 'inside' day, meaning the price range is contained within the bounds of yesterday's, making today look even less like a possible trend reversal and more like a pause.
These are the two circled areas on the chart
How'd I do IAS and Blitz ?
June 29, 2013, 05:13:49 PM
what is the pattern?Please elaborate.
Sell sell sell (and what phoenix said).
June 29, 2013, 05:01:46 PM
June 29, 2013, 04:27:14 PM
what is the pattern?Please elaborate.
June 29, 2013, 04:21:54 PM
My thoughts exactly
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