So May 11 came and went and nothing happened. I thought everyone was expecting fireworks.
Regarding the volume, is today the lowest since the April 10?
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33786. (Read 26714050 times)
May 12, 2013, 07:09:37 AM
May 12, 2013, 07:02:41 AM
May 12, 2013, 06:56:20 AM
and yes, people get hooked to the price action as cocaine addicts to lines
May 12, 2013, 06:51:15 AM
people could sell just because of being bored ...
that would be some pretty ridiculous people
if the price action is "boring" paying attention results more difficult
which could get dangerous as soon price starts to move suddenly
more so as stop-orders are not the most convenient in the bitcoin-market
so it could be just serious but careful people
May 12, 2013, 06:44:50 AM
FUCK, just realised I'm spamming... sorry all, back to lurking...
May 12, 2013, 06:43:34 AM
people could sell just because of being bored ...
that would be some pretty ridiculous people
May 12, 2013, 06:41:19 AM
I know this is the Wall Observer thread so it comes with the territory, but many or most people here simply seem over-antsy. Few humans are psychologically equipped to follow day-to-day price changes without freaking out and losing money because of it. The tendency is to start reading into every little thing.
+ A LOT OF NUMBERS
Thank your for the rational observation...
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
May 12, 2013, 06:37:16 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.
May 12, 2013, 06:31:35 AM
I am speculating a solid dump by Monday and prices to go down to 80 ish
You really should just lurk more.
+1
May 12, 2013, 06:22:35 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.
Just curious, but what's the justification for (usually) using the early run up to the worst extremes of the bubble for predictive charting (suggesting we should be at around $115 about now), instead of the longer term trend minus bubble data (which would suggest we should probably be at around $30)?
I know there was the change in mining rate, but that was back in November wasn't it?
May 12, 2013, 06:20:26 AM
apparently Risto finally run into some real life problems;
"Sorry that the conference was busted big time. I took all precautions available to me, but considerable force was used against me. If anyone related to the matters currently unfolding is threatened with physical harm, I am able to cede the control of a necessary number of bitcoins to redeem him/her."
https://bitcointalksearch.org/topic/rpietila-public-diary-174620
sounds funny/interesting ...
I hope no innocent got harmed ...
"Sorry that the conference was busted big time. I took all precautions available to me, but considerable force was used against me. If anyone related to the matters currently unfolding is threatened with physical harm, I am able to cede the control of a necessary number of bitcoins to redeem him/her."
https://bitcointalksearch.org/topic/rpietila-public-diary-174620
sounds funny/interesting ...
I hope no innocent got harmed ...
May 12, 2013, 06:08:31 AM
people could sell just because of being bored ...
May 12, 2013, 06:02:44 AM
May 12, 2013, 05:57:02 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.
May 12, 2013, 05:49:40 AM
May 12, 2013, 05:40:56 AM
Nice weekend mini-dump 
May 12, 2013, 05:34:27 AM
Nothing's happening!
Booooooring!
Is it time to go down?
Booooooring!
Is it time to go down?
I came across this one :
May 12, 2013, 05:29:35 AM
We were just going up too fast, and went out of the parabola, we should be back to normal growth now
May 12, 2013, 05:03:09 AM
May 12, 2013, 04:23:20 AM
I am speculating a solid dump by Monday and prices to go down to 80 ish
Last week people dreamed about 50, now it's 80. This is escalating quickly.
This.
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