Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33768. (Read 26498400 times)
May 03, 2013, 03:50:42 PM
So now almost everyone is a bear? Investor cycle says we are going up then.
May 03, 2013, 03:47:46 PM
Who the hell is buying at those prices...
Sometimes I don't understand this market at all. I swear.
https://i.imgur.com/QbUjD.gif
Sometimes I don't understand this market at all. I swear.
https://i.imgur.com/QbUjD.gif
Someone who will regret it in couple of hours
May 03, 2013, 03:47:34 PM
And yet another triangle. Duh ... make that one hour - not four hours as it says in the immutable image below.
how did you come up with a downward direction here? i see the triangle, but triangle formations themselves tend not to have directional bias. by my analysis we've reached a short-term bottom.
Hey, when the first team is off the field, they send in the likes of me.
I saw the channel containing the embedded pattern. Regarding nested patterns, to what degree are containing patterns influential with regard to immediately contained technical patterns?
May 03, 2013, 03:44:20 PM
Who the hell is buying at those prices...
Sometimes I don't understand this market at all. I swear.
Sometimes I don't understand this market at all. I swear.
Someone who will regret it in couple of hours
May 03, 2013, 03:44:05 PM
I am considering a limit sell order in case some big, 9000+ BTC buyer says damn all to slippage over the weekend. Biased to the downside for three days, sell at say $105 this weekend, anticipating a buy back on Monday morning below $90?
May 03, 2013, 03:41:35 PM
Gox must be loving this. So much money in fees made today...
May 03, 2013, 03:41:10 PM
And yet another triangle. Duh ... make that one hour - not four hours as it says in the immutable image below.
how did you come up with a downward direction here? i see the triangle, but triangle formations themselves tend not to have directional bias. by my analysis we've reached a short-term bottom.
May 03, 2013, 03:39:47 PM
Fuck that. 9,000 on 90 now.
I say we are going to the mooon guys.
Not sure about the moon. But it's definitely a start! I say we are going to the mooon guys.
May 03, 2013, 03:39:22 PM
Just to prove us all wrong, someone put a market order for 95. This could start an early rally... 
May 03, 2013, 03:39:07 PM
Who the hell is buying at those prices...
Sometimes I don't understand this market at all. I swear.
Sometimes I don't understand this market at all. I swear.
May 03, 2013, 03:38:52 PM
Fuck that. 9,000 on 90 now.
I say we are going to the mooon guys.
I say we are going to the mooon guys.
Wash, rinse, repeat.
I don't know. I don't know why, I just think 79 was the bottom for this round. the move from 80 to 97 was similar to the move from 50 to 70. i.e huge buys followed by huge walls.
I am thinking either these bid wallers know something we do not, or, we are being fooled.
I'm voted for fooled for right now.. there's no bid depth other than that wall. Doesn't seem like that many people are ready to buy yet
May 03, 2013, 03:37:19 PM
Fuck that. 9,000 on 90 now.
I say we are going to the mooon guys.
I say we are going to the mooon guys.
Wash, rinse, repeat.
I don't know. I don't know why, I just think 79 was the bottom for this round. the move from 80 to 97 was similar to the move from 50 to 70. i.e huge buys followed by huge walls. Moreover, the price has been going sideways for a few hours. That usually seems to mean a change of direction.
Either these bid wallers know something we do not, or, we are being fooled.
May 03, 2013, 03:36:48 PM
I tend to think we are going to test 50 again...
May 03, 2013, 03:34:32 PM
Fuck that. 9,000 on 90 now.
I say we are going to the mooon guys.
I say we are going to the mooon guys.
Send me a postcard
EDIT : Shit ... supposed to be watching TV now
May 03, 2013, 03:33:29 PM
Fuck that. 9,000 on 90 now.
I say we are going to the mooon guys.
I say we are going to the mooon guys.
Wash, rinse, repeat.
May 03, 2013, 03:30:58 PM
Fuck that. 9,000 on 90 now.
I say we are going to the mooon guys.
I say we are going to the mooon guys.
May 03, 2013, 03:30:37 PM
Someone's defending 90 very hard 
Who knows, maybe they'll make it, same price was defended on similar way few weeks ago, though in an upward trend.
Who knows, maybe they'll make it, same price was defended on similar way few weeks ago, though in an upward trend.
not sure you can call a vertical drop all the way down to 50 an upward trend...
May 03, 2013, 03:29:55 PM
Chewing on that wall, we all know that will be slowly eroded until it collapses. Where is the right spot to buy? The next wall if forming at 85...
It's not where, but when. Wherever the price is at around 8 PM Eastern time on Monday... that's the price to buy at.
why? The bid volume is much greater than the ask volume and that haven't stopping the price from slowly droping? Why would it suddenly go up on monday.
This is a long weekend in Japan, from Friday to Monday. The next working day there is Tuesday, so the Japanese banks will be closed until then. That means there cannot be any new fiat (dollars, euros, yen) going into MtGox for another three days. Now, there could be money sitting in MtGox but not on the order books... just like there could be BTC there and not on the books. We don't know how much of each there is. But we do know that for the next three days BTC can move in and out of Gox easily, fiat can't. That puts downward pressure on the price, until the banks open Tuesday morning and people start seeing their deposits going through.
Fiat could always be moved to another exchange or currency exchange website and then moved to gox. It's a problem but not one that couldn't be solved.
May 03, 2013, 03:27:56 PM
Someone's defending 90 very hard
Who knows, maybe they'll make it, same price was defended on similar way few weeks ago, though in an upward trend.
Who knows, maybe they'll make it, same price was defended on similar way few weeks ago, though in an upward trend.
May 03, 2013, 03:27:41 PM
Chewing on that wall, we all know that will be slowly eroded until it collapses. Where is the right spot to buy? The next wall if forming at 85...
It's not where, but when. Wherever the price is at around 8 PM Eastern time on Monday... that's the price to buy at.
why? The bid volume is much greater than the ask volume and that haven't stopping the price from slowly droping? Why would it suddenly go up on monday.
This is a long weekend in Japan, from Friday to Monday. The next working day there is Tuesday, so the Japanese banks will be closed until then. That means there cannot be any new fiat (dollars, euros, yen) going into MtGox for another three days. Now, there could be money sitting in MtGox but not on the order books... just like there could be BTC there and not on the books. We don't know how much of each there is. But we do know that for the next three days BTC can move in and out of Gox easily, fiat can't. That puts downward pressure on the price, until the banks open Tuesday morning and people start seeing their deposits going through.
if the price is 103 on monday you're still buying right?
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