Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33901.

Multifarious

newbie

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Quote from: Rampion on May 06, 2013, 03:29:59 PM

Quote from: deathcode on May 06, 2013, 03:25:12 PM

So much for a sell-off... back to 114... that 110 wall will be hard to knock down... Next crash will be $95-100 at the lowest..

If even death code is turning bearish, as he is predicting a lower bottom than we have had today, is really the time to buy, guys.

Remember what Warren Buffet said about being greedy when others are fearful, and fearful when others are greedy... Now it seems time to be greedy! Grin

Completely agree - more than 50% of the people on the board are expecting 3 months of downtrend, so there are lot of coinz out there right now to have.

bangersdad

full member

Activity: 227

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Quote from: bangersdad on May 06, 2013, 03:37:34 PM

Quote from: samurai1200 on May 06, 2013, 03:35:57 PM

Quote from: bangersdad on May 06, 2013, 03:33:18 PM

Quote from: Frozenlock on May 06, 2013, 03:29:30 PM

Just wait until the 10 and 21 EMAs cross... BOOM!

explain please?

see here
http://www.bitcoincharts.com/charts/mtgoxUSD#rg2zigHourlyztgSza1gEMAzm1g10za2gEMAzm2g21

Thanks - from there i see ema10 crosses above - is that not a buy signal?

sorry i look wrong scale..now 1 hour i understand!...stupid me.

Frozenlock

sr. member

Activity: 434

Merit: 250

Quote from: SAQ on May 06, 2013, 03:40:25 PM

Right

That could have gone way more badly

I think bulls we can now safely start slaughtering bears again.

I wouldn't...

EuroTrash

hero member

Activity: 728

Merit: 500

Quote from: Rampion on May 06, 2013, 03:29:59 PM

Remember what Warren Buffet said about being greedy when others are fearful, and fearful when others are greedy... Now it seems time to be greedy! Grin

He also said “I have no confidence whatsoever in Bitcoin being a universal currency.”
And “I’ll put it this way, of our $49 billion, we haven’t moved any of it to Bitcoin”.
http://businesstech.co.za/news/general/37226/buffett-talks-social-media-and-bitcoin/

But in the last years he's not been always right - I read that some of his investments failed grossly.

SAQ

newbie

Activity: 56

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Right

That could have gone way more badly

I think bulls we can now safely start slaughtering bears again.

deathcode

copper member

Activity: 1428

Merit: 253

Quote from: Rampion on May 06, 2013, 03:29:59 PM

Quote from: deathcode on May 06, 2013, 03:25:12 PM

So much for a sell-off... back to 114... that 110 wall will be hard to knock down... Next crash will be $95-100 at the lowest..

If even death code is turning bearish, as he is predicting a lower bottom than we have had today, is really the time to buy, guys.

Remember what Warren Buffet said about being greedy when others are fearful, and fearful when others are greedy... Now it seems time to be greedy! Grin

I think you misunderstood my comment. I'm predicting higher and higher crashes just by looking at the history of the most notorious crashes.

2011 crash ~$32 to ~$0.02
Fork Crash ~$50 to ~$32
Big High crash $266 to $55
Last Crash ~$140 to $79

My prediction is a crash in the 95-100 range for the next "big" crash and then another crash on the $130-$150
I'm not bearish at all, I'm just stating facts based on the crashes that we've had.
Feel free to correct me if you think I'm wrong.

humanitee

hero member

Activity: 1302

Merit: 502

Quote from: bangersdad on May 06, 2013, 03:37:34 PM

Thanks - from there i see ema10 crosses above - is that not a buy signal?

In before every possibility is thrown at you.

bangersdad

full member

Activity: 227

Merit: 100

Quote from: samurai1200 on May 06, 2013, 03:35:57 PM

Quote from: bangersdad on May 06, 2013, 03:33:18 PM

Quote from: Frozenlock on May 06, 2013, 03:29:30 PM

Just wait until the 10 and 21 EMAs cross... BOOM!

explain please?

see here
http://www.bitcoincharts.com/charts/mtgoxUSD#rg2zigHourlyztgSza1gEMAzm1g10za2gEMAzm2g21

Thanks - from there i see ema10 crosses above - is that not a buy signal?

Rampion

legendary

Activity: 1148

Merit: 1018

Quote from: zemario on May 06, 2013, 02:46:32 PM

So where is all the dumping from yesterdays monumental wall owner?
I guess this is bragging, but turns out I was right, we are 15 usd past it. What happened to all those 'obvious manipulations'?

Two little walls at 124 and 125, the latter have been there all day, I don't think the market will move outside the 110~122 for a while. A climb of a couple of dollar for today. I for one am fine with this progress.

Nice timing with your comment. Just read the charTs, Wallzilla dumped 2.000 coins earlier today, just after removing his huge bid - he got an average price of $117ish. So he successfully got at least a 17% more from his coins than he would before his little pump. If you think that 17% in a day is peanuts and it's not worth it... Well, then you are in denial and i suspect thats because you are long - am I wrong?

samurai1200

sr. member

Activity: 303

Merit: 250

Quote from: bangersdad on May 06, 2013, 03:33:18 PM

Quote from: Frozenlock on May 06, 2013, 03:29:30 PM

Just wait until the 10 and 21 EMAs cross... BOOM!

explain please?

see here
http://www.bitcoincharts.com/charts/mtgoxUSD#rg2zigHourlyztgSza1gEMAzm1g10za2gEMAzm2g21

phoenix1

hero member

Activity: 798

Merit: 1000

Sorry it a bit OT, but thought you might want to see a pic of the Beijing HQ of the People's Daily newspaper ...

I think they win this battle of 'who's got the biggest one'

Or maybe it's a rocket Tongue

Its About Sharing

legendary

Activity: 1442

Merit: 1000

Antifragile

Speaking of Great Walls, How do we factor this in?

The past 24 hrs, btcchina.com is the #2 exchange in volume traded after Mt.Gox!
http://www.reddit.com/r/Bitcoin/comments/1dryau/the_past_24_hrs_btcchinacom_is_the_2_exchange_in/

We may be dropping now, but trying to trade this "stock"/"currency"/"protocol"/"technology"/"commodity"/"etc" is going to get more and more dangerous than just holding.

edit - Think BTCChina might be #4 actually.

bangersdad

full member

Activity: 227

Merit: 100

Quote from: Frozenlock on May 06, 2013, 03:29:30 PM

Just wait until the 10 and 21 EMAs cross... BOOM!

explain please?

samurai1200

sr. member

Activity: 303

Merit: 250

Quote from: Frozenlock on May 06, 2013, 03:29:30 PM

Just wait until the 10 and 21 EMAs cross... BOOM!

hourly crossing now

seleme

legendary

Activity: 2772

Merit: 1028

Duelbits.com

Drama, drama everywhere Grin

Rampion

legendary

Activity: 1148

Merit: 1018

Quote from: deathcode on May 06, 2013, 03:25:12 PM

So much for a sell-off... back to 114... that 110 wall will be hard to knock down... Next crash will be $95-100 at the lowest..

If even death code is turning bearish, as he is predicting a lower bottom than we have had today, is really the time to buy, guys.

Remember what Warren Buffet said about being greedy when others are fearful, and fearful when others are greedy... Now it seems time to be greedy! Grin

Frozenlock

sr. member

Activity: 434

Merit: 250