We may be breaking out of this channel.
Then again, we may just be bouncing off the top.
Looking at the 7-day I can't see the bottom yet.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33777. (Read 26498509 times)
May 03, 2013, 08:37:23 AM
We may be breaking out of this channel.
Then again, we may just be bouncing off the top.
Looking at the 7-day I can't see the bottom yet.
May 03, 2013, 08:33:46 AM
Then lower I believe.
May 03, 2013, 08:32:31 AM
Buy low, sell lower.
Congratulations, you've just described my business from yesterday in one sentence
May 03, 2013, 08:32:15 AM
So I postulate that the big player that was slowly cashing out last week and yesterday had prior knowledge about the coming lawsuit. Lots of other big players seem to as well, them causing the ask sum to skyrocket in the last 48 hours.
I'm really glad I noticed that happening and got out in time.
I'm really glad I noticed that happening and got out in time.
Which lawsuit? You mean that?
http://news.cnet.com/8301-1023_3-57582688-93/bitcoin-exchange-partnership-dissolves-with-lawsuit/
May 03, 2013, 08:28:47 AM
May 03, 2013, 08:22:24 AM
I've deleted all my orders before going to bed, bought some at 81.5 now, guess I'll wait a bit for the rest though I could meet what was my target yesterday with this price. Hope greed won't kill a bear
May 03, 2013, 08:20:23 AM
To buy or to wait, just woke up?
Wait, it's a long drop and a long weekend.
I could not sleep without pre-positioned limit orders. Two of mine filled while I was asleep a couple of hours ago and I am very satisfied. We could get goxlag again today and you might not be able to reach the exchange to place a realtime order.
May 03, 2013, 08:17:35 AM
To buy or to wait, just woke up?
Wait, it's a long drop and a long weekend.
May 03, 2013, 08:15:52 AM
So I postulate that the big player that was slowly cashing out last week and yesterday had prior knowledge about the coming lawsuit. Lots of other big players seem to as well, them causing the ask sum to skyrocket in the last 48 hours.
I'm really glad I noticed that happening and got out in time.
I'm really glad I noticed that happening and got out in time.
May 03, 2013, 08:14:28 AM
Buy low, sell lower.
May 03, 2013, 08:14:13 AM
To buy or to wait, just woke up?
May 03, 2013, 08:07:51 AM
There will be many bull traps, many "OH LOOK AT THIS NEWS THIS CHANGES EVERYTHING", many delusions about another bubble, but the 2011 survivors know exactly what's up.
The ride down will be full of epic bull traps.
The Great Dollar Extraction is not a matter of days. It is a relentless force exerting its power over months and possibly years, until there are no more bones to be broken.
The ride down will be full of epic bull traps.
The Great Dollar Extraction is not a matter of days. It is a relentless force exerting its power over months and possibly years, until there are no more bones to be broken.
May 03, 2013, 08:05:04 AM
Quote
I found you guys!
Yay! Should be a lot of attention paid to the bid wall at $70 by hungry fiat-laden traders today.
May 03, 2013, 08:01:36 AM
Quote
I found you guys!
Yay! Should be a lot of attention paid to the bid wall at $70 by hungry fiat-laden traders today.
May 03, 2013, 07:58:42 AM
I found you guys! 
May 03, 2013, 07:32:20 AM
Quote
My buy orders are now set at $75 and $52
I have a spread but not nearly as low as you. Hopefully I will be completely back in bitcoin in a couple of days. The first, and greatest capitulation, of bubble 1 took six days to reach bottom. In this corresponding capitulation we have been dropping for only three days from $145 ...
May 03, 2013, 07:26:20 AM
There is certainly a change happening though.
As I see it, the manipulators are now cocksure that they can raise walls at $100-$120 range, thinking that they'll hold.
Which I don't think they [the walls] do
What is in cards now is a violent rally to $135 "support" (now: resistance) and then retracement to $115-$120 range.Bitcoin is a fractal, and it is marvellous.
Some of my bigger clients' buy time today...
My buy orders are now set at $75 and $52
May 03, 2013, 07:15:55 AM
You need to change the refresh times on a DNS entry days in advance of changing a domains IP address - then the change will propogate very quickly as the cache times will be low.
Most ISP's are clueless when it comes to this.
Most ISP's are clueless when it comes to this.
May 03, 2013, 07:09:37 AM
How did you guys get into the forum ? Ip address trick like me, or are the proper dns records finally propagating ?
Yep. IP Hack here too. I heard a that new address will be http://bitcointa.lk although I can't confirm it.
May 03, 2013, 07:08:14 AM
Wow i feel so lonely in here!
You are not alone.I was thinking whatever placing an ask at 10$ or not. Is a btc worth 10$? With all this shitstorm?
LOL.
That battle is spilling so much blood (fiat), removed my bids at 70, there will be many unfathomable bottoms ahead..
Therre will be many bounces as well and I suspect there will be one off $72
But it is too risky, i've been burnt trying to figure the bounces..
Yea edited host file..guess it will take 12-48 hours for DNS to be propagated again
Jump to: