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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33862. (Read 26712834 times)

member
Activity: 111
Merit: 10
sr. member
Activity: 434
Merit: 250
Thank you! And can you tell us, as others including myself have asked, where did you get that Logarithmic chart? Was it built custom from Gox data?


IAS

http://bitcoincharts.com/charts/mtgoxUSD
And you select "Log Scale".
sr. member
Activity: 252
Merit: 250
I'm sticking with $114.  I think we'll push through $110 eventually and peak in that range.
full member
Activity: 194
Merit: 100
rampion, where do you get those bid and ask sum charts from?
sr. member
Activity: 434
Merit: 250


Buyer beware.

You made a wedge that doesn't touch any candle extremities.  Angry
member
Activity: 84
Merit: 10
Bitcoin Mininode...and proud!
Hold 110. For the love of god please please hold. Sad
legendary
Activity: 1442
Merit: 1000
Antifragile
When you look at the chart going back a few months, it is pretty clear that that symmetrical like triangle is a part of the uptrend and NOT recent downtrend. Also, since it is symmetrical, that would be a good omen coming out of a big upmove. But I agree with you, I don't know.  Grin

Uptrend? Where?
Oh you mean this:


C'mon, clearly a bubble!  Cheesy

Edit: And this, children, is why we use logarithmic charts.

Thank you! And can you tell us, as others including myself have asked, where did you get that Logarithmic chart? Was it built custom from Gox data?


IAS
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
my wife just bought into a pyramid scheme shes going to make $$$

HAHAHAHAHAHAHAHAHA

anyone need cleaning products?

Amway participants are all perfect future bitcoin investors imo.
sr. member
Activity: 280
Merit: 250
hero member
Activity: 798
Merit: 1000
my wife just bought into a pyramid scheme shes going to make $$$

HAHAHAHAHAHAHAHAHA

anyone need cleaning products?

Does she accept Bitcoin ?

yes!

Great ! This wash, rinse, repeat cycle might feel better with some softener  Cheesy
SAQ
newbie
Activity: 56
Merit: 0
sr. member
Activity: 252
Merit: 250
my wife just bought into a pyramid scheme shes going to make $$$

HAHAHAHAHAHAHAHAHA

anyone need cleaning products?

Ahh thats cute.  She's trying to impress you with her investment skills.  She obviously looks up to you.   Cool
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
my wife just bought into a pyramid scheme shes going to make $$$

HAHAHAHAHAHAHAHAHA

anyone need cleaning products?

Does she accept Bitcoin ?

yes!
legendary
Activity: 1218
Merit: 1001
77k BTC needed to break $80.

The great consolidation is coming.

14k BTC needed to break $120.

The great consolidation may be some time off.
legendary
Activity: 1148
Merit: 1018
Bid sum keeps rising.

Time for 125

Not so quickly...
sr. member
Activity: 434
Merit: 250
my wife just bought into a pyramid scheme shes going to make $$$

HAHAHAHAHAHAHAHAHA

anyone need cleaning products?

You shouldn't let her without supervision.  Angry
hero member
Activity: 798
Merit: 1000
my wife just bought into a pyramid scheme shes going to make $$$

HAHAHAHAHAHAHAHAHA

anyone need cleaning products?

Does she accept Bitcoin ?
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
my wife just bought into a pyramid scheme shes going to make $$$

HAHAHAHAHAHAHAHAHA

anyone need cleaning products?
SAQ
newbie
Activity: 56
Merit: 0
Bid sum keeps rising.

Time for 125
legendary
Activity: 1148
Merit: 1018
Buyers are still there, and true bears seem to be running quite low on ammo

Only 170 KBTC on the exchange! My God, they are almost out!

Selling pressure is still there, and that's expected. Ask sum is high, but not near ATH nevertheless. But now take a look at the bid sum in the chart below, and then speak. $18M on Gox is a lot, compared to just a few months ago. That's a lot of bullets for the bulls.

Most people who rode the bubble has their fiat sitting there, waiting to buy back.

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