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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33871. (Read 26504600 times)

sr. member
Activity: 644
Merit: 250
https://primedao.eth.link/#/
A lot of people selling. Right on time while I wait for my wire transfer to process.


Now everybody calm down and.... PANIC. Sell sell sell sell sell.

Who let you out of BTC-E...
legendary
Activity: 1036
Merit: 1000
I once bought some ltc, then sold it again because I didn't even find how to print a paper wallet for the long - run.

http://liteaddress.org/
legendary
Activity: 1600
Merit: 1014
I once bought some ltc, then sold it again because I didn't even find how to print a paper wallet for the long - run.
hero member
Activity: 531
Merit: 501
I do. Because if it ever got to that price again then it would be due to a major disaster with the Bitcoin protocol.

If the Bitcoin protocol goes beyond repair, we will develop a new coin, and the party will continue. I go to have a bath in the spa and then some dinner, see you in 2 hours! Wink

It is called LTC.

Bitcoin is Litecoins test trial.

When BTc got forked LTC users were not effected.

I thought Litecoin changed its name to Feathercoin.
full member
Activity: 194
Merit: 100
A lot of people selling. Right on time while I wait for my wire transfer to process.


Now everybody calm down and.... PANIC. Sell sell sell sell sell.
N12
donator
Activity: 1610
Merit: 1010
Tell that to the Japanese.
legendary
Activity: 2324
Merit: 1125
I see single digits as a very real possibility in the next few months, although bottoming between $10 and $30 is more likely.

far too much demand, at this point... deflation is kicking in.


Dollar deflating against Bitcoin. Smiley

Fiat never deflates.
N12
donator
Activity: 1610
Merit: 1010
I see single digits as a very real possibility in the next few months, although bottoming between $10 and $30 is more likely.

far too much demand, at this point... deflation is kicking in.


Dollar deflating against Bitcoin. Smiley
sr. member
Activity: 448
Merit: 250
this statement is false
I see single digits as a very real possibility in the next few months, although bottoming between $10 and $30 is more likely.

far too much demand, at this point... deflation is kicking in.

hero member
Activity: 501
Merit: 500
I do. Because if it ever got to that price again then it would be due to a major disaster with the Bitcoin protocol.

In late 2011, I thought we'd never see prices below $4. But we did.

I see single digits as a very real possibility in the next few months, although bottoming between $10 and $30 is more likely.
legendary
Activity: 1554
Merit: 1000
- I could not care less if it crashed to $10;
I do. Because if it ever got to that price again then it would be due to a major disaster with the Bitcoin protocol.

If the Bitcoin protocol goes beyond repair, we will develop a new coin, and the party will continue. I go to have a bath in the spa and then some dinner, see you in 2 hours! Wink

Whatever man, maybe at that spa you will develop a new coin that will fullfil your delusion of grandeur  Cool

"delusion of grandeur " I love that phrase. I used it on a past girlfriend once. Being the narcissist that she was, she didnt have a clue what it meant!
sr. member
Activity: 644
Merit: 250
https://primedao.eth.link/#/
- I could not care less if it crashed to $10;
I do. Because if it ever got to that price again then it would be due to a major disaster with the Bitcoin protocol.

If the Bitcoin protocol goes beyond repair, we will develop a new coin, and the party will continue. I go to have a bath in the spa and then some dinner, see you in 2 hours! Wink

Whatever man, maybe at that spa you will develop a new coin that will fullfil your delusion of grandeur  Cool

Tell me when he does, I would love a coin from my favourite speculator.
legendary
Activity: 1148
Merit: 1018
- I could not care less if it crashed to $10;
I do. Because if it ever got to that price again then it would be due to a major disaster with the Bitcoin protocol.

If the Bitcoin protocol goes beyond repair, we will develop a new coin, and the party will continue. I go to have a bath in the spa and then some dinner, see you in 2 hours! Wink

Whatever man, maybe at that spa you will develop a new coin that will fullfil your delusion of grandeur  Cool
legendary
Activity: 1554
Merit: 1000
this means bullish for the long-term, which i can agree with. unfortunately we are severely short-term overbought, are in the midst of a minibear, and are encroaching on an extremely important mid-term support. if you really want the market to do what you want, take your cash and put a wall at $120, else we'll possibly crash right through later today.

Well, since I think the number of bitcoins is important, and not the price of them:

- I have already invested all I have, in bitcoin; a BTC500 worth of puts written is the most I can do today.

- I could not care less if it crashed to $10; probably I would just work a little more (to earn more bitcoins as I can earn more per hour), and spend a little less time just living luxuriously for the testimony (which is the more expensive, the lower USD/BTC rate is, as costs are measured in dollars).

I will soon go to the spa wing. Nobody bit the offer for cheap puts Sad

I nearly bit. Whats the current put price/fee?
donator
Activity: 1722
Merit: 1036
- I could not care less if it crashed to $10;
I do. Because if it ever got to that price again then it would be due to a major disaster with the Bitcoin protocol.

If the Bitcoin protocol goes beyond repair, we will develop a new coin, and the party will continue. I go to have a bath in the spa and then some dinner, see you in 2 hours! Wink
legendary
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
Markets are strange beasts, they like to thoroughly sample every price up and down, lots and lots of times.

The market explored the area $90-$95 very well, (just like before the April 11th peak). It then shot from $97 to $135 very quickly. Although it has explored back to $125 quite well, it has not done the region $97 to $125 since. It seems like it wants to spend time in that range, at least around $115, before the next main trend kicks off.

that seems to be where we're heading:



Agreed. Those weekly candles clearly show the market stabilizing after a buying ramp which got out of control. Personally,I expect a slow climb from $100, perhaps regaining the $266 high, and keeping it, by the end of this year.

- I could not care less if it crashed to $10;

I do. Because if it ever got to that price again then it would be due to a major disaster with the Bitcoin protocol.
sr. member
Activity: 448
Merit: 250
this statement is false
Markets are strange beasts, they like to thoroughly sample every price up and down, lots and lots of times.

The market explored the area $90-$95 very well, (just like before the April 11th peak). It then shot from $97 to $135 very quickly. Although it has explored back to $125 quite well, it has not done the region $97 to $125 since. It seems like it wants to spend time in that range, at least around $115, before the next main trend kicks off.

that seems to be where we're heading:

donator
Activity: 1722
Merit: 1036
this means bullish for the long-term, which i can agree with. unfortunately we are severely short-term overbought, are in the midst of a minibear, and are encroaching on an extremely important mid-term support. if you really want the market to do what you want, take your cash and put a wall at $120, else we'll possibly crash right through later today.

Well, since I think the number of bitcoins is important, and not the price of them:

- I have already invested all I have, in bitcoin; a BTC500 worth of puts written is the most I can do today.

- I could not care less if it crashed to $10; probably I would just work a little more (to earn more bitcoins as I can earn more per hour), and spend a little less time just living luxuriously for the testimony (which is the more expensive, the lower USD/BTC rate is, as costs are measured in dollars).

I will soon go to the spa wing. Nobody bit the offer for cheap puts Sad
legendary
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
Markets are strange beasts, they like to thoroughly sample every price up and down, lots and lots of times.

The market explored the area $90-$95 very well, (just like before the April 11th peak). It then shot from $97 to $135 very quickly. Although it has explored back to $125 quite well, it has not done the region $97 to $125 since. It seems like it wants to spend time in that range, at least around $115, before the next main trend kicks off.
legendary
Activity: 1442
Merit: 1000
Antifragile
I enjoy following the bitcoinchannel.com buy. I can read candlesticks fairly well but was never much into looking at the market strength (buys and sells) as a whole - I know, bad, partial picture but the candlesticks and a few indicators always did me well.

Anyway, looking at the market on clarkmoody's site:

Looking for that 100k volume on the buy and sell side - It just moved off $70 on the buy to $65 (a bit bearish). The sell side is on $220 at 100k - keep an eye on that. Total sales have been creeping up since post crash (I don't have the exact dates as have been following it only a couple of times a week.)

Some key figures on the buy and sell side ($70 buy and $300 sell) show that more sellers are coming in at those levels and the buyers are dropping. It is not a huge number so I tend to agree with the bitcoinchannel.com guy that short term things look bearish. Nothing that would make me sell my long term stash.

Can anyone add anything here as it's the part I'm still learning...  Huh

IAS
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