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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33488. (Read 26461705 times)

member
Activity: 112
Merit: 10
legendary
Activity: 1792
Merit: 1111
For the average Joe, Bitcoin is not any more a train about to leave the station.

Make that: "For the average Joe, Bitcoin is not yet a train about to leave the station."

- But it will be. If not this month, then the next. I called a 1-3 month consolidation in 100-120 area before a supermove up. We are right there even now, 4 weeks after the bubble burst. If I panic buy at 144 meanwhile, it is my own problem.

It has plenty of time to go to sub-$100 in May. Even as of this writing, there is $500k bid volume to 102, which is so pathetic that if I show a wall of 1k coins like I did yesterday, it will crash right here and now. It takes about 45 mins to send the coins.

please do then!
EDIT: Wow there is 160K BTC being transfered through many 500BTC sends right now with a very cryptic message embedded "one chinese sb which love 8". 

Whats up with that? No way that much could be sold at once. Right? *gulp*

No, it's just the same 500BTC sending back and forth

For "one chinese sb which love 8", SB is a Chinese slang literally means "stupid puxxy". In proper English, that means: "A Chinese fool who loves the number 8".
legendary
Activity: 2271
Merit: 1363
legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
For the average Joe, Bitcoin is not any more a train about to leave the station.

Make that: "For the average Joe, Bitcoin is not yet a train about to leave the station."

- But it will be. If not this month, then the next. I called a 1-3 month consolidation in 100-120 area before a supermove up. We are right there even now, 4 weeks after the bubble burst. If I panic buy at 144 meanwhile, it is my own problem.

It has plenty of time to go to sub-$100 in May. Even as of this writing, there is $500k bid volume to 102, which is so pathetic that if I show a wall of 1k coins like I did yesterday, it will crash right here and now. It takes about 45 mins to send the coins.

please do then!
EDIT: Wow there is 160K BTC being transfered through many 500BTC sends right now with a very cryptic message embedded "one chinese sb which love 8". 

Whats up with that? No way that much could be sold at once. Right? *gulp*
newbie
Activity: 28
Merit: 0
By my estimation we have not left the consolidation pattern. I do not see why we would break 95 as this would be a reversal of the pattern.
legendary
Activity: 1218
Merit: 1001
I meant a very bad sign pricewise. So you agree that it seems like we're going down?

of course we are

I've sold at 109.5 and bought back at 107.2 once already this morning.  It seems to me that we are bouncing randomly rather than heading down.
sr. member
Activity: 350
Merit: 250
This account was recently hacked
Which way it'll go now then?  Up or down?  How far?  Do Amazon sell crystal BTCalls?   Roll Eyes

I definitely need one, this trading in reverse I keep doing is getting tedious....   Angry
donator
Activity: 1722
Merit: 1036
For the average Joe, Bitcoin is not any more a train about to leave the station.

Make that: "For the average Joe, Bitcoin is not yet a train about to leave the station."

- But it will be. If not this month, then the next. I called a 1-3 month consolidation in 100-120 area before a supermove up. We are right there even now, 4 weeks after the bubble burst. If I panic buy at 144 meanwhile, it is my own problem.

It has plenty of time to go to sub-$100 in May. Even as of this writing, there is $500k bid volume to 102, which is so pathetic that if I show a wall of 1k coins like I did yesterday, it will crash right here and now. It takes about 45 mins to send the coins.
legendary
Activity: 1148
Merit: 1018
I meant a very bad sign pricewise. So you agree that it seems like we're going down?

of course we are
member
Activity: 224
Merit: 10
I meant a very bad sign pricewise. So you agree that it seems like we're going down?
legendary
Activity: 1148
Merit: 1018
It's Tuesday, banks are open and we're still in a slow decline. Very bad sign if you ask me .

Good sign. Cheap coins ahead.

And don't fool yourself with the "new money" thing. That was valid during the bubble, as more and more more people was attracted by the incredible (and unsustainable) growth. Just check Google trends. Just look around. New money stopped pouring in at the speed we had earlier. The new money that pours in, expects cheaper coins. The bubble bursted. For the average Joe, Bitcoin is not any more a train about to leave the station.

No worries. This is good. Real economy and infrastructure needs to improve, is not yet ready for prime time.

Before reaching ATH again we will have cheap coins, and then a relatively long period of consolidation (as per 2012).
legendary
Activity: 2268
Merit: 1782
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
member
Activity: 224
Merit: 10
It's Tuesday, banks are open and we're still in a slow decline. Very bad sign if you ask me.
newbie
Activity: 28
Merit: 0
Someone placing a whole lot of .01 buy orders
sr. member
Activity: 371
Merit: 250
not that i know anything about TA, just feeling artistic




And about the actual green candle it seems similar to the ones we had in the last drop



Again just drawing lines, no ta idea. so this might also go back to 200 by bitcoin magic
member
Activity: 84
Merit: 10
supernode
legendary
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
So, we're going to see 95 again?

Yes, we are. Very soon. Winter is coming  Grin

Bitcoin winter for a frozen bear...


legendary
Activity: 1148
Merit: 1018
So, we're going to see 95 again?

Yes, we are. Very soon. Winter is coming  Grin
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