Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33262.

niothor

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in defi we trust

Quote from: oda.krell on June 07, 2013, 09:54:25 AM

Quote from: niothor on June 07, 2013, 09:41:44 AM

[...]

Read your post and your predictions backwards and.... you should leave the irony aside

You mean:

Quote

The very worst I can see is approaching 50 again, and more realistically, that we'll test 100 a few more times in the coming month(s).

this morning. Or 2 days ago:

Quote

In any case, I don't think we'll fall back to 50, and certainly not sub-30. I can see us going back to 60-80, though, I admit :/

Or maybe the topic I created ~5 days ago, titled

Quote

50 -> 80 -> 100 -> 115? 110? Call me again if we go below 100 again.

in which I said that people from both sides are way too fast to declare "up uP UP" or "down Down DOWN", and that the next important level to break before talking about 80, or even 50 USD coins would be 100.

Anyway. Do as you please. Just learn to read, maybe.

Again the irony , but go a bit deeper , with your research , something about the 120 not to be tested again ever?
Besides , when I told you about your prediction don't you think I looked in your history before?

Start editing..

Actually , that was an insult , and that brings you to an even lower level in my eyes.

oda.krell

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Quote from: niothor on June 07, 2013, 09:41:44 AM

[...]

Read your post and your predictions backwards and.... you should leave the irony aside

You mean:

Quote

The very worst I can see is approaching 50 again, and more realistically, that we'll test 100 a few more times in the coming month(s).

this morning. Or 2 days ago:

Quote

In any case, I don't think we'll fall back to 50, and certainly not sub-30. I can see us going back to 60-80, though, I admit :/

Or maybe the topic I created ~5 days ago, titled

Quote

50 -> 80 -> 100 -> 115? 110? Call me again if we go below 100 again.

in which I said that people from both sides are way too fast to declare "up uP UP" or "down Down DOWN", and that the next important level to break before talking about 80, or even 50 USD coins would be 100.

Anyway. Do as you please. Just learn to read, maybe.

shad0wbitz

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Quote from: Ultraviolet on June 07, 2013, 09:45:40 AM

This current bearish trend isn't going to stop until the price falls to the point that the market regains its previously reasonable trading volume. Most of May was characterized by no-volume "stability", with the price only floating 110+ because of systematic large buys by major players coupled with bot action producing an illusion of trading volume during periods of no-volume. The roll to 135 was nothing like the roll from 110-165 in post-crash April, where volume was high, there was constant trading, and Gox still had a deep verification queue with millions in fiat being wired while almost nothing got withdrawn.

This fall will have a lot of bull traps with people feeling that lower lows are cheap coins.

BTC was absolutely not post-bubble "stable" 110+ amidst no trading volume after trading for the rest of its existence sub $50. It's just currently an incredibly manipulated market where anyone with a few mega can have a huge short-term influence that produces illusions for smaller positions and makes money for their own.

+1

Couldn't have put it in a more clear and succinct maner. The bubble popped, but the price is still artificial. Real exponential price of Bitcoin is around 45+ USD. This is typical of bubbles bursting. Big chunk of the price goes down relatively fast, but then there is a slow downward trend that can take months until we reach the real price again.

Ultraviolet

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This current bearish trend isn't going to stop until the price falls to the point that the market regains its previously reasonable trading volume. Most of May was characterized by no-volume "stability", with the price only floating 110+ because of systematic large buys by major players coupled with bot action producing an illusion of trading volume during periods of no-volume. The roll to 135 was nothing like the roll from 110-165 in post-crash April, where volume was high, there was constant trading, and Gox still had a deep verification queue with millions in fiat being wired while almost nothing got withdrawn.

This fall will have a lot of bull traps with people feeling that lower lows are cheap coins.

BTC was absolutely not post-bubble "stable" 110+ amidst no trading volume after trading for the rest of its existence sub $50. It's just currently an incredibly manipulated market where anyone with a few mega can have a huge short-term influence that produces illusions for smaller positions and makes money for their own.

niothor

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Activity: 826

Merit: 501

in defi we trust

Quote from: oda.krell on June 07, 2013, 09:35:41 AM

Quote from: sarc on June 07, 2013, 09:26:40 AM

[...]

on the current trajectory, tomorrow's about right... Shocked

You just started trading, right? I'm not going to pretend that I'm an old hand at this, but at least I learned that you don't simply draw a line through the points of the past 12 hour, expecting it will continue like that for another 12.

When I say "trajectory", I take into consideration the momentum of the current down trend. It might reignite, but right now, it seems we've entered a calmer period. If it continues that way, we'll see spikes of maybe +/- 5 USD around where we are now, but, no, not "70".

Read your post and your predictions backwards and.... you should leave the irony aside

sarc

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Quote from: oda.krell on June 07, 2013, 09:35:41 AM

Quote from: sarc on June 07, 2013, 09:26:40 AM

[...]

on the current trajectory, tomorrow's about right... Shocked

You just started trading, right? I'm not going to pretend that I'm an old hand at this, but at least I learned that you don't simply draw a line through the points of the past 12 hour, expecting it will continue like that for another 12.

When I say "trajectory", I take into consideration the momentum of the current down trend. It might reignite, but right now, it seems we've entered a calmer period. If it continues that way, we'll see spikes of maybe +/- 5 USD around where we are now, but, no, not "70".

nope.

and trajectory means what it means, no matter how you might define it. But I guess you meant - given how bitcoin tends to move normally, I don't expect it to reach 70 today. But these are strange times...

oda.krell

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Quote from: sarc on June 07, 2013, 09:26:40 AM

[...]

on the current trajectory, tomorrow's about right... Shocked

You just started trading, right? I'm not going to pretend that I'm an old hand at this, but at least I learned that you don't simply draw a line through the points of the past 12 hour, expecting it will continue like that for another 12.

When I say "trajectory", I take into consideration the momentum of the current down trend. It might reignite, but right now, it seems we've entered a calmer period. If it continues that way, we'll see spikes of maybe +/- 5 USD around where we are now, but, no, not "70".

sarc

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Merit: 10

Quote from: oda.krell on June 07, 2013, 09:19:09 AM

Quote from: niothor on June 07, 2013, 09:15:03 AM

Quote from: oda.krell on June 07, 2013, 09:13:36 AM

doom and gloom, everywhere I look.

Stay realistic, people. The current downtrend didn't come completely as a surprise, and I won't pretend to know where exactly it stops.

But 70 isn't gonna happen today, at least not on the current trajectory.

Tomorrow?

on the current trajectory, tomorrow's about right... Shocked

oda.krell

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Quote from: niothor on June 07, 2013, 09:15:03 AM

Quote from: oda.krell on June 07, 2013, 09:13:36 AM

doom and gloom, everywhere I look.

Stay realistic, people. The current downtrend didn't come completely as a surprise, and I won't pretend to know where exactly it stops.

But 70 isn't gonna happen today, at least not on the current trajectory.

Tomorrow?

niothor

hero member

Activity: 826

Merit: 501

in defi we trust

Quote from: oda.krell on June 07, 2013, 09:13:36 AM

doom and gloom, everywhere I look.

Stay realistic, people. The current downtrend didn't come completely as a surprise, and I won't pretend to know where exactly it stops.

But 70 isn't gonna happen today, at least not on the current trajectory.

Tomorrow?

oda.krell

legendary

Activity: 1470

Merit: 1007

doom and gloom, everywhere I look.

Stay realistic, people. The current downtrend didn't come completely as a surprise, and I won't pretend to know where exactly it stops.

But 70 isn't gonna happen today, at least not on the current trajectory.

Rampion

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Quote from: EuroTrash on June 07, 2013, 09:11:00 AM

I wonder which month of 2011 we are in?

We are not in 2011.

EuroTrash

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I wonder which month of 2011 we are in?

Loozik

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Born to chew bubble gum and kick ass

Might fall to 70 if head&shoulders is formed.

ChartBuddy

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

gizmoh

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Confirmed fake

All press releases are posted on FB. This one is nowhere to be found there:

http://www.facebook.com/MtGox

SlipperySlope

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Stephen Reed

Here is the short term downtrend after the recent peak at $136. The next bid walls are at $104-105.

JSMill

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Quote from: fr33d0miz3r on June 07, 2013, 08:42:06 AM

Quote from: Frozenlock on June 07, 2013, 08:36:53 AM

So... no new engine and DDOS protection? Angry

and no LTC.

Just compare this PDF properties with properties of any other PDF from mtgox website.

This PDF:
Filename: mt-gox-press-release-litecoin.pdf
Author: GoxPR
Program: PR
Format: PDF-1.6

Any other MtGox PDF:
Filename: 20130503_coinlab_lawsuit.pdf (started with date)
Author: GBG
Program: Mac OS X 10.8.3 Quartz PDFContext
Format: PDF-1.3

Great analysis, thanks.

niothor

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in defi we trust

Manipulation?

fr33d0miz3r

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Activity: 518

Merit: 500

Quote from: Frozenlock on June 07, 2013, 08:36:53 AM

So... no new engine and DDOS protection? Angry

and no LTC.

Just compare this PDF properties with properties of any other PDF from mtgox website.

This PDF:
Filename: mt-gox-press-release-litecoin.pdf
Author: GoxPR
Program: PR
Format: PDF-1.6

Any other MtGox PDF:
Filename: 20130503_coinlab_lawsuit.pdf (started with date)
Author: GBG
Program: Mac OS X 10.8.3 Quartz PDFContext
Format: PDF-1.3

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33262. (Read 26498496 times)