Bearish triangle forming? Or wait is it bullish? Well, it might be a triangle at least...
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33750. (Read 26462764 times)
April 17, 2013, 12:56:34 PM
It is broken, downward
April 17, 2013, 12:54:38 PM
Lol what the heck? How can the bid be higher than the ask?
April 17, 2013, 12:38:20 PM
Given that the price is rising, and that the triangle will probably finish close to when the upward moving support reaches it, I'd imagine it is bullish. 
April 17, 2013, 12:27:38 PM
I'm not sure why that has to be a bearish triangle.
April 17, 2013, 12:24:42 PM
Bearish triangle forming? Or wait is it bullish? Well, it might be a triangle at least...
April 17, 2013, 12:12:59 PM
posted earlier on old thread (what, please can we go back to the old one? I loved how the pages build another "wall" and stuff)
umm, do I read this correctly? After the "crash"we have in sum even more bitcoins sitting on the markets AND Sum in $ in ask is like double the amount the price?
more bitcoins then before:
So there were no big selling deals, nobody took them and stored them where we cant see them: they are still for sale? What does this mean anyway?
bid/ask sum double the amount of price:
So I see the prices went down, obviously I dont need that chart to know this, but what else can you read here?
I'm not smart enough to read that chart, but somehow it looks to me like "BUY MOFO BUY!"
umm, do I read this correctly? After the "crash"we have in sum even more bitcoins sitting on the markets AND Sum in $ in ask is like double the amount the price?
more bitcoins then before:
So there were no big selling deals, nobody took them and stored them where we cant see them: they are still for sale? What does this mean anyway?
bid/ask sum double the amount of price:
So I see the prices went down, obviously I dont need that chart to know this, but what else can you read here?
I'm not smart enough to read that chart, but somehow it looks to me like "BUY MOFO BUY!"
April 17, 2013, 12:02:36 PM
Scare wall was unscary.
April 17, 2013, 11:58:14 AM
I'm done trading.
I'm mostly a holder. But I tried trading a few of my hard-earned coins. I made a couple of bad trades and am down a little on those. No biggie, learning curve. However, what has really put me off is that while $ have lost $x through my bad trades, I have been unable to realize at least $x/2 through Gox being shitty and have $x*2 out in limbo, likely never to be seen again with bitcoin-24. I'll still be cheering from the sidelines but dammit, there's nothing more frustrating to me than not being able to use your money when you want to.
I'm mostly a holder. But I tried trading a few of my hard-earned coins. I made a couple of bad trades and am down a little on those. No biggie, learning curve. However, what has really put me off is that while $ have lost $x through my bad trades, I have been unable to realize at least $x/2 through Gox being shitty and have $x*2 out in limbo, likely never to be seen again with bitcoin-24. I'll still be cheering from the sidelines but dammit, there's nothing more frustrating to me than not being able to use your money when you want to.
April 17, 2013, 11:56:22 AM
Morning wall pic. (I almost couldn't find the "reply" button because it wasn't all squished over onto the side like in the last thread 
Wall at $90 is being devoured.
And down! Surely there will be a correction soon, but I could see $100 being hit today easily.
Wall at $90 is being devoured.
And down! Surely there will be a correction soon, but I could see $100 being hit today easily.
waking up to this, is almost better then morning sex.
April 17, 2013, 11:55:26 AM
Huge sell-off, big ask wall @ $94. Things just got interesting.
Wall removed, smaller wall @ $92.5
Wall eaten?
Wall removed, smaller wall @ $92.5
Wall eaten?
April 17, 2013, 11:46:09 AM
I thought Gox was closing for US customers and CoinLab opening on or by April 15th?
What happened
What happened
Pushed to May 7 last I heard
Do we know if gox has been processing new accounts at the same speed, slower, faster, halted?
Hope this 'CoinLab' is coming thing doesn't turn into 'BitInstant is making a bitcoin debit card'
April 17, 2013, 11:43:58 AM
I thought Gox was closing for US customers and CoinLab opening on or by April 15th?
What happened
What happened
Pushed to May 7 last I heard
April 17, 2013, 11:41:35 AM
I thought Gox was closing for US customers and CoinLab opening on or by April 15th?
What happened
What happened
April 17, 2013, 11:36:56 AM
What intrigues me is that yesterday we have triple more volume and no lag.
That maybe because what Gox said is truth: people are buying right now yet they didn't cancel their orders at lower prices, so the number of checks Gox needs to execute goes up multi-fold. In a panic sell like yesterday people would not have expected to have their orders at higher prices filled so they simply cancel them(besides those that are backed up with funds).
With proper design, those checks far outside the center would not even be being compared against. I also suspect that the trading engine is doing more than just trading. Kind-of a no-no.
I can't even get on right now. Not even the homepage. It's a circus.
April 17, 2013, 11:35:10 AM
I refuse to use an exchange with more than a few seconds of lag.
Why is it that the Bears always try to make it so that "the lag is causing prices to go up"? Is it not obvious to everyone that lag causes the prices to go down? Lag creates fear, fear causes selling etc.
Why is it that the Bears always try to make it so that "the lag is causing prices to go up"? Is it not obvious to everyone that lag causes the prices to go down? Lag creates fear, fear causes selling etc.
I think at first, lag's outcome is unpredictable. Then come the sell-offs.
April 17, 2013, 11:28:19 AM
It's pretty quiet in here, no one updated their bookmarks? 
April 17, 2013, 10:51:08 AM
Last price: $89.99999
April 17, 2013, 10:50:53 AM
The diamond! The mythical Ultra Diamond Pattern! Bitcoin is destined for $100,000,000 now!
April 17, 2013, 10:48:56 AM
I like drawing lines on graphs!
April 17, 2013, 10:40:32 AM
Guess its time to take some profit while the cat is still alive 
And then possibly be left behind as we continue to climb the upward moving support line that has been in place since $50. 
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