Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33316. (Read 26498408 times)
June 03, 2013, 06:01:32 AM
June 03, 2013, 05:47:54 AM
June 03, 2013, 05:42:34 AM
Meanwhile at the Bitcoin market
how did you find this??
June 03, 2013, 05:33:13 AM
Well, as far as I can tell, about the only thing that occured last night was Adam got drunk and stoned and kept quoting himself for hours
someone's got a bit of a cleanup work to do today
June 03, 2013, 05:30:50 AM
Meanwhile at the Bitcoin market
June 03, 2013, 05:29:10 AM
I interpret that as it's going to edge between 122-123 by the end of the day, with little resistance to a full rebound to 128-130 as cash starts flowing in towards the end of the week!
Those big sellers haven't bought back in yet. I wonder if they've not finished selling, and they're waiting for your prediction to come true before mega-dumping again, or that they have finished selling and they're anticipating some further downtrend before buying back in again. Or, they're really cashing out, and there are more like them to follow for similar reasons (fincen vs illegitimate business etc). Either way, I'd expect us to be testing 115 again within a week or two.
Expect a test of 100 rather.
This. The test of $115 will happen muuuuuuuch earlier than "within a week or two".
Fasten your seatbelts, gentlemen. The post-crash upwards trend was officially broken yesterday.
I don't deny what you say happens (and I promise to buy more BTC's then ;-)
But, even though we may have broken and uptrend line, we are still sitting nicely on the support we have created since the first week of this month. Stranger things have happened.
June 03, 2013, 05:28:27 AM
I interpret that as it's going to edge between 122-123 by the end of the day, with little resistance to a full rebound to 128-130 as cash starts flowing in towards the end of the week!
Those big sellers haven't bought back in yet. I wonder if they've not finished selling, and they're waiting for your prediction to come true before mega-dumping again, or that they have finished selling and they're anticipating some further downtrend before buying back in again. Or, they're really cashing out, and there are more like them to follow for similar reasons (fincen vs illegitimate business etc). Either way, I'd expect us to be testing 115 again within a week or two.
Expect a test of 100 rather.
This. The test of $115 will happen muuuuuuuch earlier than "within a week or two".
Fasten your seatbelts, gentlemen. The post-crash upwards trend was officially broken yesterday.
I hope that's a coincidence that it just started dropping right after your post!
I have to say that just before posting I sold 20% of my BTC holdings at $119ish. Not because I'm willing to "catch the bottom", I immediately ordered a fiat withdrawal for those funds, it's because I'm willing to invest in ASICs and I'm going to pay with fiat to get a little "buyer protection", and I'm pretty sure the price will go down during this week.
Edit: obviously it's a decision that I made this very morning, if I had decided to invest fiat in ASICs earlier I would have sold at $133ish last week, but that's life.
June 03, 2013, 05:23:12 AM
Interesting, people said 1-2 weeks ago that the post-crash downward trend was officially broken. If trends get 'officially broken' this easily I guess these trends don't really mean that much, do they? 
Okay. Let's say that the uptrend has been officially broken when we test $30
June 03, 2013, 05:18:22 AM
I interpret that as it's going to edge between 122-123 by the end of the day, with little resistance to a full rebound to 128-130 as cash starts flowing in towards the end of the week!
Those big sellers haven't bought back in yet. I wonder if they've not finished selling, and they're waiting for your prediction to come true before mega-dumping again, or that they have finished selling and they're anticipating some further downtrend before buying back in again. Or, they're really cashing out, and there are more like them to follow for similar reasons (fincen vs illegitimate business etc). Either way, I'd expect us to be testing 115 again within a week or two.
Expect a test of 100 rather.
This. The test of $115 will happen muuuuuuuch earlier than "within a week or two".
Fasten your seatbelts, gentlemen. The post-crash upwards trend was officially broken yesterday.
Interesting, people said 1-2 weeks ago that the post-crash downward trend was officially broken. If trends get 'officially broken' this easily I guess these trends don't really mean that much, do they?
June 03, 2013, 05:17:17 AM
Well, as far as I can tell, about the only thing that occured last night was Adam got drunk and stoned and kept quoting himself for hours
He probably did a bit of buying high and selling low too just for kicks
He probably did a bit of buying high and selling low too just for kicks
June 03, 2013, 05:16:14 AM
June 03, 2013, 05:14:44 AM
I interpret that as it's going to edge between 122-123 by the end of the day, with little resistance to a full rebound to 128-130 as cash starts flowing in towards the end of the week!
Those big sellers haven't bought back in yet. I wonder if they've not finished selling, and they're waiting for your prediction to come true before mega-dumping again, or that they have finished selling and they're anticipating some further downtrend before buying back in again. Or, they're really cashing out, and there are more like them to follow for similar reasons (fincen vs illegitimate business etc). Either way, I'd expect us to be testing 115 again within a week or two.
Expect a test of 100 rather.
This. The test of $115 will happen muuuuuuuch earlier than "within a week or two".
Fasten your seatbelts, gentlemen. The post-crash upwards trend was officially broken yesterday.
I hope that's a coincidence that it just started dropping right after your post!
June 03, 2013, 05:10:14 AM
I interpret that as it's going to edge between 122-123 by the end of the day, with little resistance to a full rebound to 128-130 as cash starts flowing in towards the end of the week!
Those big sellers haven't bought back in yet. I wonder if they've not finished selling, and they're waiting for your prediction to come true before mega-dumping again, or that they have finished selling and they're anticipating some further downtrend before buying back in again. Or, they're really cashing out, and there are more like them to follow for similar reasons (fincen vs illegitimate business etc). Either way, I'd expect us to be testing 115 again within a week or two.
Expect a test of 100 rather.
This. The test of $115 will happen muuuuuuuch earlier than "within a week or two".
Fasten your seatbelts, gentlemen. The post-crash upwards trend was officially broken yesterday.
June 03, 2013, 05:01:49 AM
June 03, 2013, 04:57:52 AM
I interpret that as it's going to edge between 122-123 by the end of the day, with little resistance to a full rebound to 128-130 as cash starts flowing in towards the end of the week!
Those big sellers haven't bought back in yet. I wonder if they've not finished selling, and they're waiting for your prediction to come true before mega-dumping again, or that they have finished selling and they're anticipating some further downtrend before buying back in again. Or, they're really cashing out, and there are more like them to follow for similar reasons (fincen vs illegitimate business etc). Either way, I'd expect us to be testing 115 again within a week or two.
Expect a test of 100 rather.
This. The test of $115 will happen muuuuuuuch earlier than "within a week or two".
Fasten your seatbelts, gentlemen. The post-crash upwards trend was officially broken yesterday.
June 03, 2013, 04:56:22 AM
I interpret that as it's going to edge between 122-123 by the end of the day, with little resistance to a full rebound to 128-130 as cash starts flowing in towards the end of the week!
Those big sellers haven't bought back in yet. I wonder if they've not finished selling, and they're waiting for your prediction to come true before mega-dumping again, or that they have finished selling and they're anticipating some further downtrend before buying back in again. Or, they're really cashing out, and there are more like them to follow for similar reasons (fincen vs illegitimate business etc). Either way, I'd expect us to be testing 115 again within a week or two.
Expect a test of 100 rather.
June 03, 2013, 04:45:56 AM
I interpret that as it's going to edge between 122-123 by the end of the day, with little resistance to a full rebound to 128-130 as cash starts flowing in towards the end of the week!
Those big sellers haven't bought back in yet. I wonder if they've not finished selling, and they're waiting for your prediction to come true before mega-dumping again, or that they have finished selling and they're anticipating some further downtrend before buying back in again. Or, they're really cashing out, and there are more like them to follow for similar reasons (fincen vs illegitimate business etc). Either way, I'd expect us to be testing 115 again within a week or two.
June 03, 2013, 04:01:34 AM
June 03, 2013, 03:41:13 AM
I interpret that as it's going to edge between 122-123 by the end of the day, with little resistance to a full rebound to 128-130 as cash starts flowing in towards the end of the week!
June 03, 2013, 03:01:40 AM
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