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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33781. (Read 26498558 times)

legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
hero member
Activity: 532
Merit: 500
The Coinlab lawsuit should a big issue since it is not some script kiddy trying to simply manipulate the price.We don't know how the The Gox would be able to pay for such a lawsuit.......Cyprus taught us a few things didn't it?
member
Activity: 84
Merit: 10
supernode
Wheres this bold n00b rpietila he said that we will never have 95$ again i want to laugh to his face because he said that we can quote him hahahahahahah
donator
Activity: 1722
Merit: 1036
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 Smiley 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... Grin
legendary
Activity: 1904
Merit: 1002


Just remember the y axis is different for the two series on the bottom, so the crossover is arbitrary.  See the longer term chart for more perspective: http://blockchained.com/depth_mtgox.png

There is certainly a change happening though.
full member
Activity: 123
Merit: 100
full member
Activity: 238
Merit: 100
RMBTB.com: The secure BTC:CNY exchange. 0% fee!
Do you think its gonna go down to $75-$80???  time to sell some btc?

Newsflash: If you're wondering "Is it time to sell?", it's already too late. (that means: it's time to hold or buy).
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
legendary
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
A lot of coins are still in dumb weak hands.

10k just sold driving the price to $91 again.
Anyone with 10k looking to exit, then there was plenty of opportunity at $120, $140 or even $160 recently.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
I'm trying to put myself in a state where I don't care, might do better in that case.

Getting tired definitely, won't be able to babysit this for long.
full member
Activity: 179
Merit: 100
Do you think its gonna go down to $75-$80???  time to sell some btc?
sr. member
Activity: 280
Merit: 250
It definitely should slow down.. the asks are very thinned out and haven't filled in up to $120. It seems like most of the people buying on the dips end up selling off after the price goes up $10 though, and with all the uncertainty lately I'm not sure there can be a sustained rally yet.
sr. member
Activity: 252
Merit: 250
lol what is that candle that you randomly circled and why does it have any significance whatsoever

you guys dont need to pick on rpetilia, just take the average opinion in this thread and use that as contrarian indicator
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner


The support above 100 was really strong
Now we are hitting a new support line.
I think we can start a rally once everyones had some sleep and come to their senses...
I look forward to reading what MtGox has to say about Coinlab tomorrow.

420
hero member
Activity: 756
Merit: 500
how much is the wall above $90?
donator
Activity: 1722
Merit: 1036
For the TAists, If we don't breach $90, will this be a double bottom?
Yes. If we don't breach it today, this will likely confirm the end of the retracement, and a new violent upmove will commence in short order.
lol

funny how everyone's predictions are always aligned with their best interests

its as if their analysis is based purely on hope

&&

you admit that you suck as a short term trader

Isn't that a little bit hard on me, considering that I have never sold below $200 or bought above $120 (except to materially hedge otc trades)?

Even if I did suck, my credentials do outweigh about 99% that I know of here:
- knew of bitcoins before they were traded
- followed Mt.Gox opening, my friend wanted me to invest, I did not, and have bought less bitcoins than him since, but paid about $500k more for them.
- 16 years stock trading, of which 14 years online [edit: correction]
- 7 years full time silver dealership
- now 6 weeks full time bitcoiner

(Sorry adam my dick is normal size.)

=> another newb ignored.
sr. member
Activity: 252
Merit: 250
For the TAists, If we don't breach $90, will this be a double bottom?

Yes. If we don't breach it today, this will likely confirm the end of the retracement, and a new violent upmove will commence in short order.

lol

funny how everyone's predictions are always aligned with their best interests

its as if their analysis is based purely on hope
donator
Activity: 1722
Merit: 1036
For the TAists, If we don't breach $90, will this be a double bottom?

Yes. If we don't breach it today, this will likely confirm the end of the retracement, and a new violent upmove will commence in short order.
sr. member
Activity: 434
Merit: 250
For the TAists, If we don't breach $90, will this be a double bottom?
sr. member
Activity: 434
Merit: 250
92.5
Me starts wondering if in the next months we'll ever see the low 20's, like double of when the bubble started.

Calm down, you are not supposed to hit despair yet.
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