Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33392. (Read 26462558 times)
May 12, 2013, 02:27:23 AM
Wall pic!
May 12, 2013, 02:02:47 AM
May 12, 2013, 01:37:36 AM
I feel bearish.
LOL thanks for the reminder, fiat holder isn't it ?
May 12, 2013, 01:36:36 AM
WOW!
2 ChartBuddy posts in a row!
2 ChartBuddy posts in a row!
May 12, 2013, 01:33:59 AM
I feel bearish.
LOL thanks for the reminder, fiat holder isn't it ? May 12, 2013, 01:24:45 AM
Nothing's happening!
Booooooring!
Is it time to go down?
Booooooring!
Is it time to go down?
May 12, 2013, 01:03:36 AM
I am speculating a solid dump by Monday and prices to go down to 80 ish
Not that I disagree, but upon what are you basing this? Anyone can just throw out a number.
May 12, 2013, 01:03:04 AM
May 12, 2013, 12:02:37 AM
May 11, 2013, 11:48:21 PM
I know this is the Wall Observer thread so it comes with the territory, but many or most people here simply seem over-antsy. Few humans are psychologically equipped to follow day-to-day price changes without freaking out and losing money because of it. The tendency is to start reading into every little thing.
May 11, 2013, 11:43:50 PM
I love how sentiment changes so quickly, everyone was bullish on the way up to $122. Now, after drifting back down to equilibrium, everyone is bearish. This is going to happen a lot for the next two months...
I've been pretty firm on the downtrend thing for a while now.
At least in BTC time.
May 11, 2013, 11:41:03 PM
That's because the market has been characterized by low volume for 5+ days. When it did pick up action, it was during a pump and has dwindled down ever since. The market is not exactly bullish.
May 11, 2013, 11:25:46 PM
I love how sentiment changes so quickly, everyone was bullish on the way up to $122. Now, after drifting back down to equilibrium, everyone is bearish. This is going to happen a lot for the next two months...
May 11, 2013, 11:02:44 PM
May 11, 2013, 10:47:56 PM
Drew some lines. 
Note the stability & low volume at $125 on 20 April and again at $115 on 8 May. Support line from 20-22 April candle bottoms matches 8-10 May 3 weeks later. Wedge forming with general convergence to the support line. Fair price has been $115 for almost a month; expect to see more volatility after we drop again. Chance of double digit coins appearing within 2 weeks: better-than-even, but after that odds are better-than-even that we'll see significant upward movement.
Note the stability & low volume at $125 on 20 April and again at $115 on 8 May. Support line from 20-22 April candle bottoms matches 8-10 May 3 weeks later. Wedge forming with general convergence to the support line. Fair price has been $115 for almost a month; expect to see more volatility after we drop again. Chance of double digit coins appearing within 2 weeks: better-than-even, but after that odds are better-than-even that we'll see significant upward movement.
May 11, 2013, 10:15:15 PM
I think bitcoins value might not go up much for a while...
but I think betting it will go down is kinda crazy.
we are being bought out, dump it all today or slowly unload, its not going to make a dif.
but I think betting it will go down is kinda crazy.
we are being bought out, dump it all today or slowly unload, its not going to make a dif.
May 11, 2013, 10:13:01 PM
May 11, 2013, 10:03:29 PM
I feel bearish.
May 11, 2013, 10:03:09 PM
May 11, 2013, 09:51:36 PM
Maybe someone just sold a bunch of coins for market price and cleared out the order book. Campbx doesn't have the greatest volume. The price already rebounded to 115.
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