Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33785. (Read 26714057 times)
May 12, 2013, 10:06:04 AM
And me Andrew Lines http://andrewlines.com/
May 12, 2013, 10:02:40 AM
May 12, 2013, 09:56:08 AM
Drew no lines 
May 12, 2013, 09:45:12 AM
I'm sure they said something similar to people about the Titanic.
haha, good one
.
May 12, 2013, 09:34:19 AM
The Tony Coleby chart is a magnificent thing, but this less pretty one seems to make it clear that -outside of bubble data - there is a very clear underlying growth trend in the market. It would have the price much much lower than it is now. Unless this bubble changed something that the 2011 bubble failed to, then things look very (very) scary for the price still.
I wouldn't call it scary, more a buying opportunity coming our way.
Obviously to take advantage of this you would need to sell some of your BTC and wait.
if the $80+ fall in price it predicts were to materialize, I suspect many folk would be reaching for fresh underwear...so scary probably isn't too wide of the (skid?) mark!
Not me, I sold all my BTC at $162 and I'm still waiting for a nice entry point. I haven't found it yet.
just don't be that guy.
I'm sure they said something similar to people about the Titanic.
May 12, 2013, 09:17:47 AM
The Tony Coleby chart is a magnificent thing, but this less pretty one seems to make it clear that -outside of bubble data - there is a very clear underlying growth trend in the market. It would have the price much much lower than it is now. Unless this bubble changed something that the 2011 bubble failed to, then things look very (very) scary for the price still.
I wouldn't call it scary, more a buying opportunity coming our way.
Obviously to take advantage of this you would need to sell some of your BTC and wait.
if the $80+ fall in price it predicts were to materialize, I suspect many folk would be reaching for fresh underwear...so scary probably isn't too wide of the (skid?) mark!
Not me, I sold all my BTC at $162 and I'm still waiting for a nice entry point. I haven't found it yet.
just don't be that guy.
May 12, 2013, 09:16:50 AM
The Tony Coleby chart is a magnificent thing, but this less pretty one seems to make it clear that -outside of bubble data - there is a very clear underlying growth trend in the market. It would have the price much much lower than it is now. Unless this bubble changed something that the 2011 bubble failed to, then things look very (very) scary for the price still.
Don't forget reward halve
May 12, 2013, 09:02:32 AM
May 12, 2013, 08:18:47 AM
The Tony Coleby chart is a magnificent thing, but this less pretty one seems to make it clear that -outside of bubble data - there is a very clear underlying growth trend in the market. It would have the price much much lower than it is now. Unless this bubble changed something that the 2011 bubble failed to, then things look very (very) scary for the price still.
I wouldn't call it scary, more a buying opportunity coming our way.
Obviously to take advantage of this you would need to sell some of your BTC and wait.
if the $80+ fall in price it predicts were to materialize, I suspect many folk would be reaching for fresh underwear...so scary probably isn't too wide of the (skid?) mark!
Not me, I sold all my BTC at $162 and I'm still waiting for a nice entry point. I haven't found it yet.
May 12, 2013, 08:14:42 AM
speculation - the return to 113 now is due in large part to the big buyer on Friday deciding to sell a few (less large) increments out again? The "breakout" they were either trying to induce or participating in hasn't materialised so they just want to play wait and see with everyone else?
May 12, 2013, 08:06:47 AM
The Tony Coleby chart is a magnificent thing, but this less pretty one seems to make it clear that -outside of bubble data - there is a very clear underlying growth trend in the market. It would have the price much much lower than it is now. Unless this bubble changed something that the 2011 bubble failed to, then things look very (very) scary for the price still.
I wouldn't call it scary, more a buying opportunity coming our way.
Obviously to take advantage of this you would need to sell some of your BTC and wait.
if the $80+ fall in price it predicts were to materialize, I suspect many folk would be reaching for fresh underwear...so scary probably isn't too wide of the (skid?) mark!
May 12, 2013, 08:03:01 AM
I would get quite excited with 31,xx coins ...
but for now 106/107 would just fit my expectations
but for now 106/107 would just fit my expectations
May 12, 2013, 08:02:35 AM
May 12, 2013, 07:50:51 AM
The Tony Coleby chart is a magnificent thing, but this less pretty one seems to make it clear that -outside of bubble data - there is a very clear underlying growth trend in the market. It would have the price much much lower than it is now. Unless this bubble changed something that the 2011 bubble failed to, then things look very (very) scary for the price still.
I wouldn't call it scary, more a buying opportunity coming our way.
Obviously to take advantage of this you would need to sell some of your BTC and wait.
May 12, 2013, 07:43:53 AM
Nothing's happening!
Booooooring!
Is it time to go down?
Booooooring!
Is it time to go down?
I came across this one :
The Tony Coleby chart is a magnificent thing, but this less pretty one seems to make it clear that -outside of bubble data - there is a very clear underlying growth trend in the market. It would have the price much much lower than it is now. Unless this bubble changed something that the 2011 bubble failed to, then things look very (very) scary for the price still.
May 12, 2013, 07:21:46 AM
Low volume, trending downwards from $122 with support through thin bids at $113.
May 12, 2013, 07:18:53 AM
As of close, yesterday:
Drop the blue trendline down a bit and we are still on it.
Subconsciously or otherwise, that line is in people's heads and is affecting their long-term plans.
Drop the blue trendline down a bit and we are still on it.
Subconsciously or otherwise, that line is in people's heads and is affecting their long-term plans.
The further the price drops from the blue trendline, the more that trader sentiment is drawn to the trendline of 2012 as the underlying trend. I will be looking for signs of that divergence widening in future versions of this well designed infographic chart.
Don't know if that still holds true
May 12, 2013, 07:17:05 AM
As of close, yesterday:
Drop the blue trendline down a bit and we are still on it.
Subconsciously or otherwise, that line is in people's heads and is affecting their long-term plans.
Drop the blue trendline down a bit and we are still on it.
Subconsciously or otherwise, that line is in people's heads and is affecting their long-term plans.
The further the price drops from the blue trendline, the more that trader sentiment is drawn to the trendline of 2012 as the underlying trend. I will be looking for signs of that divergence widening in future versions of this well designed infographic chart.
May 12, 2013, 07:13:09 AM
Seeing the comments on Friday, to the comments now, hillarious... this is still bullish price action (sideways), but due to lack of exponential induced excitement some people seem to get deflated...
Let it go guys
Let it go guys
why does this make me think of flatulation?
May 12, 2013, 07:11:41 AM
I'm just wondering if the cries of "boring" are a negative aspect for bitcoin.
How many bitcoiners are now addicted to the excitement of fluctuating price? Personally I'm enjoying the calm... probably because I'm all in. But I know this will change at times, I just hope less so than the last 4 weeks.
I feel a fluctuating prices between 90-130 is a strong bet short/midterm for a variety of reasons and if there is not a large event that fucks with bitcoin... (unlikely right now). Mid/longterm steady rise... then another bubble or a catastrophic failure, bubble more likely.
About the calm: I'm actually getting some bitcoin-related work done. It's a good thing.
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