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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33599. (Read 26714865 times)

hero member
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[...]

And we had 3 weeks of sideways action. Now suddenly we've had 24 hours bouncing between $133-$135 and we're about to have a big dip? No buying pressure for the last half of May didn't really seem to hurt things that much.

To put things into perspective, I personally don't expect the rally that started 4 days ago to be over yet, but I'm wondering if the recent drop in buying pressure (see my CMF post above) could correspond to a short-term dip, perhaps testing 125 again. If nothing else, that would give us the chance to increase our btc stashes Cheesy

Part of the massive drop was the massive spike. Like you said if it stays negative, perhaps into Tuesday, I'd also expect a short term drop. But it's also a holiday weekend and we have LR users coming so it really depends on how Tuesday starts off for me.
hero member
Activity: 672
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Although i don't believe in drawing lines when it comes to Bitcoin i am interested in what i'm looking at here? What does it say? What's nice about it?
sr. member
Activity: 252
Merit: 250

We mock you because:

A) you are not consistent in your analysis: for example, the day after Dwolla you predicted Bitcoin was going to be destroyed by the US, that price was going to plummet, etc... And now you say it's going up up up. Ad BTW: if you got scared by the Dwolla thing, you are a retarded. One month ago there were the same chances of Gox being shut down than today. If the US decides to go after Gox/ Bitcoin there will be no prior warning, their action will be sudden.

Actually the price did plummet and I told you all to sell at 119, 118, 117, 116, 115, 114, 113, 112...etc.,etc.  Now, why would I be scared?  I have nothing to lose here.  As for my "analysis".  You must mean "perfect".  No, my speculation is not perfect, but it's more accurate than most I see here.  If it wasn't, you'd be falling all over yourselves quoting every missed speculation.  My guess, you did research my history and see accurate prediction after accurate prediction.  That's not arrogance....that's a matter of fact.  

You see, because I am not blinded by ridiculous basement ideologies, I can see clearly.  Here's the totality of most of you guys (and gals) speculation:

"It's going up today!"  "We're going to the moon!"  "Choo choo!!"   Grin

Really?  How can Bitcoin or anything for that matter, always go up?  Is that what you guys call analysis?  Speculation?  This thread should be called the "Delusion Observer", because with the exception of a couple here, that's all this is.  Delusions being supported by likeminded delusions.  I guess if you only ever say Bitcoin is going up, it's like a broken clock being right twice a day.  Genius strategy.  All your silly graphs with lines that go....wait for it....UP!   Grin

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B) you are clearly uneducated about Bitcoin, you do not understand why it was created and how it works, and you expose these two facts every time you express an opinion... But at the same time you seem to think you are smarter than average, which under the light of the facts is pathetic and ridiculous.

What's more pathetic is how cool I thought Bitcoin was.  How excited I was to accept Bitcoin at my business.  How I wanted to do anything to help Bitcoin achieve mass adoption and then...I met most of you ideological "Crazies".  How foolish I felt.  You showed me very quickly what Bitcoin was and the selfish, anti-American, and most importantly, anti-humanity values most of you espouse.  

Now, I only want to see Bitcoin survive under the strictest of regulations.  What you dream for Bitcoin to be, I would stand with the USG to stop you.  Because in all of their unrighteousness, it doesn't hold a candle, to the world of destruction you internet libertarians want to see come to fruition.  And why?  Because of a nerd mentality that's tired of being picked on, tired of not being popular and tired of not having any power.  Most of you don't have any other cause than to swap the current greedy bankers, with yourselves.  So transparent it's sickening.  Cheering yourselves as early adopters and reveling at the wealth inequality that Bitcoin just continues to represent.  You think Bitcoin is some grand new idea?  Nope...its the same greedy, selfish, 1% mentality that keeps the masses slaves to the few.  You just want the few (1%) to be you.  That way you can pay back everyone that's been mean to you, or rejected you or whatever other silly, insecure, cry me a river, sob story you have.

Now, with all these "bulls", why are we not over 1000?  How come you're not all sleeping under a bridge because you sold everything to invest in Bitcoin?  Simple...you're all full of it.

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C) your trolling is annoying and not fun at all, while your "serious" alter ego has nothing interesting to say.

Yet, you keep responding.   Huh

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And last but not least, please spare use the pathetic and off topic US nationalism that we have to read in some of your posts.

I love America and will fight to the death, if necessary, anyone who seeks to destroy her.  And that is a prediction, you can shove all in on.   Wink  If you have a problem with any of this...use the IGNORE button.  It's really not that hard.   Wink
legendary
Activity: 1148
Merit: 1018
[...]

And we had 3 weeks of sideways action. Now suddenly we've had 24 hours bouncing between $133-$135 and we're about to have a big dip? No buying pressure for the last half of May didn't really seem to hurt things that much.

To put things into perspective, I personally don't expect the rally that started 4 days ago to be over yet, but I'm wondering if the recent drop in buying pressure (see my CMF post above) could correspond to a short-term dip, perhaps testing 125 again. If nothing else, that would give us the chance to increase our btc stashes Cheesy

I pretty much agree with your analysis.
legendary
Activity: 1470
Merit: 1007
[...]

And we had 3 weeks of sideways action. Now suddenly we've had 24 hours bouncing between $133-$135 and we're about to have a big dip? No buying pressure for the last half of May didn't really seem to hurt things that much.

To put things into perspective, I personally don't expect the rally that started 4 days ago to be over yet, but I'm wondering if the recent drop in buying pressure (see my CMF post above) could correspond to a short-term dip, perhaps testing 125 again. If nothing else, that would give us the chance to increase our btc stashes :D
hero member
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It's not equal but it's definitely related. Having fiat sitting idle on an exchange is pointless.

About CMF: buying pressure is non-existant at Gox ATM, this is a fact. I'm definitely expecting a considerable dip, rather sooner than later, before approaching $166.43

Fiat idle on MtGox? There's probably more fiat idle then on the orderbook. I'd actually be shocked if most people have 100% of their fiat locked in with bids. It's a pain to move fiat off and on the exchanges.

4.5M off the orderbook doesn't really seem like a big deal to me. MtGox is losing some market share, other then that, are we suppose to panic buy or sell?  Wink

And we had 3 weeks of sideways action. Now suddenly we've had 24 hours bouncing between $133-$135 and we're about to have a big dip? No buying pressure for the last half of May didn't really seem to hurt things that much.
legendary
Activity: 1148
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Money is leaving Gox ($4.5M vanished from the order book in the last 10 days) and it's not arriving to Bitstamp for the moment (just aprox. $800k on Bitstamp's order book, which is a ridiculous figure).



Money leaving the orderbook does not equal Money leaving Gox

It's not equal but it's definitely related. Having fiat sitting idle on an exchange is pointless.

About CMF: buying pressure is non-existant at Gox ATM, this is a fact. I'm definitely expecting a considerable dip, rather sooner than later, before approaching $166.43

legendary
Activity: 1106
Merit: 1001
Money is leaving Gox ($4.5M vanished from the order book in the last 10 days) and it's not arriving to Bitstamp for the moment (just aprox. $800k on Bitstamp's order book, which is a ridiculous figure).



Money leaving the orderbook does not equal Money leaving Gox
legendary
Activity: 1470
Merit: 1007
Nobody else worried about the massive drop in CMF since the approach to 135/btc? Not consistently negative yet, but still a drastic reduction. On the other hand, bitstamp looks solid.



legendary
Activity: 1442
Merit: 1000
Antifragile
Money is leaving Gox ($4.5M vanished from the order book in the last 10 days) and it's not arriving to Bitstamp for the moment (just aprox. $800k on Bitstamp's order book, which is a ridiculous figure).


Some people are probably out of the "game" but I'm sure most are finding new accounts. Any ideas or numbers here (for other exchanges)?
full member
Activity: 153
Merit: 100
Time for the micro bubble to pop.. Hmmm
legendary
Activity: 1148
Merit: 1018
Money is leaving Gox ($4.5M vanished from the order book in the last 10 days) and it's not arriving to Bitstamp for the moment (just aprox. $800k on Bitstamp's order book, which is a ridiculous figure).

legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
Just saw this in other forum... any good??

http://research.microsoft.com/apps/video/dl.aspx?id=192058

yes, although patching it into Bitcoin would require a hard-fork.
legendary
Activity: 1554
Merit: 1000
Oh it seems you are their new scapegoat coinseeker. I'm glad I got rid of that role actually,

No scapegoating here. It's just that most of us in here agree that 99% of Coinseeker's posts are not worth our time, just because they are very low quality.

Also it's amusing to poke fun at people who take themselves too seriously and/or think they're smarter than everyone else, or have delusions of "accuracy" and "objectivity" Cheesy

Its amusing, up until the lizard clinic appointment!
sr. member
Activity: 267
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Learn to go against your mind
legendary
Activity: 2380
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 686
Merit: 250
looks like there is no wall @ 135 or @130.
I see the nearest wall @140.
legendary
Activity: 1148
Merit: 1018
Oh it seems you are their new scapegoat coinseeker. I'm glad I got rid of that role actually,

No scapegoating here. It's just that most of us in here agree that 99% of Coinseeker's posts are not worth our time, just because they are very low quality.

Sometimes I have to listen to the ones I disagree with. It is my judgment to decide whether I can learn something or not from them. If not (eg Jaroslaw) then there's the ignore button. And in fairness last week Coinseeker promoted himself out of my ignore list.

The point some others have already highlighted is that the guy alternates a semi-serious alter-ego, which makes bearable his ignorance about the basic aspects of Bitcoin, with a worthless troll that is wasting everybody's time.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 728
Merit: 500
Oh it seems you are their new scapegoat coinseeker. I'm glad I got rid of that role actually,

No scapegoating here. It's just that most of us in here agree that 99% of Coinseeker's posts are not worth our time, just because they are very low quality.

Sometimes I have to listen to the ones I disagree with. It is my judgment to decide whether I can learn something or not from them. If not (eg Jaroslaw) then there's the ignore button. And in fairness last week Coinseeker promoted himself out of my ignore list.
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