Wall Observer - MtGoxUSD wall movement tracker - page 11.

Rampion

legendary

Activity: 1148

Merit: 1018

Quote from: proudhon on April 16, 2013, 08:20:59 AM

Quote from: Zomdifros on April 16, 2013, 08:20:04 AM

Quote from: proudhon on April 16, 2013, 07:32:12 AM

Interesting double bottom looking situation with unprecedented volume. $50 is probably the bottom.

Well I actually believe you are absolutely right. To be honest, I never expected the price to bottom again this week, but now that we have a second bottom slightly below the previous one, there are very few people left who believe the price is still too high (as compared to those who hope the price will go down more so they can buy more).

The thing is, all those sheep who are waiting at the sideline with their recently approved MtGox accounts can use this opportunity to ride the next big wave, which will hopefully bring us to $1000 in a few months. It's all a matter of confidence, the fundamental factors have been in place for a long time.

+1

Proudhon, please be frank: are you trolling?

cedivad

legendary

Activity: 1176

Merit: 1001

proudhon, do you understand that you are the perfect counter-indicator (or the final manipulator?)

You stayed bear for months, from 20 to 256. At 250$, you said that you could be wrong, and you turned bull. The marked crashed like 2 minutes later. You stayed bear during the fall, and that's normal, but now you are turning bull again.

You are perfect!

herzmeister

legendary

Activity: 1764

Merit: 1007

Quote from: proudhon on April 16, 2013, 08:20:59 AM

+1

proudhon

legendary

Activity: 2198

Merit: 1311

Quote from: Zomdifros on April 16, 2013, 08:20:04 AM

Quote from: proudhon on April 16, 2013, 07:32:12 AM

Interesting double bottom looking situation with unprecedented volume. $50 is probably the bottom.

Well I actually believe you are absolutely right. To be honest, I never expected the price to bottom again this week, but now that we have a second bottom slightly below the previous one, there are very few people left who believe the price is still too high (as compared to those who hope the price will go down more so they can buy more).

The thing is, all those sheep who are waiting at the sideline with their recently approved MtGox accounts can use this opportunity to ride the next big wave, which will hopefully bring us to $1000 in a few months. It's all a matter of confidence, the fundamental factors have been in place for a long time.

+1

Zomdifros

full member

Activity: 210

Merit: 100

Quote from: proudhon on April 16, 2013, 07:32:12 AM

Interesting double bottom looking situation with unprecedented volume. $50 is probably the bottom.

Well I actually believe you are absolutely right. To be honest, I never expected the price to bottom again this week, but now that we have a second bottom slightly below the previous one, there are very few people left who believe the price is still too high (as compared to those who hope the price will go down more so they can buy more).

The thing is, all those sheep who are waiting at the sideline with their recently approved MtGox accounts can use this opportunity to ride the next big wave, which will hopefully bring us to $1000 in a few months. It's all a matter of confidence, the fundamental factors have been in place for a long time.

seleme

legendary

Activity: 2772

Merit: 1028

Duelbits.com

not much support for this price at the moment

just1nmc

sr. member

Activity: 280

Merit: 250

TradeHill coming to Argentina?

http://www.bloomberg.com/news/2013-04-16/bitcoin-dreams-endure-to-savers-crushed-by-cpi-argentina-credit.html

I have seen quite a few people from there asking how to buy.

rpietila

donator

Activity: 1722

Merit: 1036

Quote from: molecular on April 16, 2013, 08:05:53 AM

Quote from: proudhon on April 16, 2013, 07:32:12 AM

Interesting double bottom looking situation with unprecedented volume. $50 is probably the bottom.

WHAT? Nooooo. proudhon called a bottom. I think I need to sell!

Huh. Nothing has shaken me as much as agreeing with Proudhon. Shocked

Perhaps we will revisit $32, I hope.....

cedivad

legendary

Activity: 1176

Merit: 1001

Quote from: Rampion on April 16, 2013, 08:04:50 AM

Quote from: proudhon on April 16, 2013, 07:32:12 AM

Interesting double bottom looking situation with unprecedented volume. $50 is probably the bottom.

Wow, I'm bearish than Proudhon. I'd bet the bottom is between $30 and $40.

He is now our bull.

molecular

donator

Activity: 2772

Merit: 1019

Quote from: proudhon on April 16, 2013, 07:32:12 AM

Interesting double bottom looking situation with unprecedented volume. $50 is probably the bottom.

WHAT? Nooooo. proudhon called a bottom. I think I need to sell!

Rampion

legendary

Activity: 1148

Merit: 1018

Quote from: proudhon on April 16, 2013, 07:32:12 AM

Interesting double bottom looking situation with unprecedented volume. $50 is probably the bottom.

Wow, I'm bearish than Proudhon. I'd bet the bottom is between $30 and $40.

In mid-term I think we will stabilize above $60, due to current difficulty growth projections I don't think miners will be happy to sell their bitcoins any lower than that, they still need to cover electricity costs.

crazy_rabbit

legendary

Activity: 1204

Merit: 1002

RUM AND CARROTS: A PIRATE LIFE FOR ME

Quote from: labestiol on April 16, 2013, 07:38:42 AM

Quote from: lebing on April 16, 2013, 07:15:48 AM

My money is on 50 holding (quite literally speaking).

Where do you get these charts ?

Interesting that it's hotter more recently the big crash. Maybe the price swooped down faster then volume really caught up with it?

DougTanner

sr. member

Activity: 280

Merit: 250

Crazy night. Hit $50 again?

elux

legendary

Activity: 1458

Merit: 1006

Quote from: labestiol on April 16, 2013, 07:38:42 AM

Where do you get these charts ?

https://ferroh.com/charts

labestiol

sr. member

Activity: 434

Merit: 251

Quote from: lebing on April 16, 2013, 07:15:48 AM

My money is on 50 holding (quite literally speaking).

Where do you get these charts ?

ManBearPig

sr. member

Activity: 350

Merit: 250

"Don't go in the trollbox, trollbox, trollbox"

Quote from: proudhon on April 16, 2013, 07:32:12 AM

Interesting double bottom looking situation with unprecedented volume. $50 is probably the bottom.

My God - we, we agree! Wink

32K up or down sees a spread from $50 to $83.

Haven't seen that for quite a while.

Brushan

member

Activity: 224

Merit: 10

Quote from: Nikolaj06 on April 16, 2013, 07:33:51 AM

Quote from: proudhon on April 16, 2013, 07:32:12 AM

Interesting double bottom looking situation with unprecedented volume. $50 is probably the bottom.

Proudhon, you are scaring me! This is the second post where you call the bottom at 50.. Does this mean we are going to single digits? :s

That's what he wants. This is trolling at it's finest. If proudhon keeps going he'll probably end up as an internet legend.

Nikolaj06

member

Activity: 116

Merit: 10

WINSTARS - We are changing the face of gambling

Quote from: proudhon on April 16, 2013, 07:32:12 AM

Interesting double bottom looking situation with unprecedented volume. $50 is probably the bottom.

Proudhon, you are scaring me! This is the second post where you call the bottom at 50.. Does this mean we are going to single digits? :s

proudhon

legendary

Activity: 2198

Merit: 1311

Interesting double bottom looking situation with unprecedented volume. $50 is probably the bottom.

Zangelbert Bingledack

legendary

Activity: 1036

Merit: 1000

Are you judging by the volume? I know we are in capitulation mode, but I can't decide if it's bottomed or will go a little further (down to $30). The trend is so overwhelmingly negative that it seems momentum could easily carry us down lower, but that could just be blood in the streets while meanwhile the fundamentals continue to grow exponentially.

Topic: Wall Observer - MtGoxUSD wall movement tracker - page 11. (Read 1811563 times)