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Topic: Wall Observer - MtGoxUSD wall movement tracker - page 271. (Read 1811564 times)

newbie
Activity: 43
Merit: 0
hero member
Activity: 518
Merit: 500
eveybody speculating, want an educated guess?
(leaning out the window here)

herefor I predict;

- another dip to ~120/119 (if not deeper) within less than 48 hours
- a surprisingly stable weekend
- a new ath not before tomorrow afternoon (GMT)
- but neither later then next week wednesday

let my will happen!   Cheesy

This is probable as it would follow the pattern set the last few weeks.
sr. member
Activity: 504
Merit: 250
The concept "sucker rally" was invented for those placing bets on the bounce back in 1926. That name was of course first used after black Thursday three years later.

I'm joining the church of Adam from here on!

In bitcoin, we have what we call "sucker crashes"

LOL, that's was a god one. I guess that we both have placed our bets on this one! If Im wrong, good for Bitcoin, if I'm right I can still buy a small island like this one:

https://encrypted-tbn1.gstatic.com/images?q=tbn:ANd9GcQHoJNbLlgh1_BdclkMrhQJR61b70XEgzj1WJh0qii8kF3h04pP
member
Activity: 112
Merit: 10
eveybody speculating, want an educated guess?
(leaning out the window here)

herefor I predict;

- another dip to ~120/119 (if not deeper) within less than 48 hours
- a surprisingly stable weekend
- a new ath not before tomorrow afternoon (GMT)
- but neither later then next week wednesday

let my will happen!   Cheesy


edit: $/BTC-ratio down to 139 / btc-china @ 939 CNY...
hero member
Activity: 518
Merit: 500
The concept "sucker rally" was invented for those placing bets on the bounce back in 1926. That name was of course first used after black Thursday three years later.

I'm joining the church of Adam from here on!

In bitcoin, we have what we call "sucker crashes"
hero member
Activity: 614
Merit: 500
...
History likes to repeat itself?

You are using completely different units for them.

The timeframe is the same.

I meant the percentage of growth in the first one is outrageous, while that of the second one is much smaller. And either by absolute or relative growth it's the auto-adjustment of bitcoinchart that gives them green candles roughly the same length.

The way I see it is that the market was relatively thin back in 2011. Now there's more liquidity, so it won't spike as much during a bubble. IMO we're in the "return to normal" stage now.
hero member
Activity: 784
Merit: 1000
...
History likes to repeat itself?

You are using completely different units for them.

The timeframe is the same.

I meant the percentage of growth in the first one is outrageous, while that of the second one is much smaller. And either by absolute or relative growth it's the auto-adjustment of bitcoinchart that gives them green candles roughly the same length.

You really need to use percentage of variation to get some perspectives. A $1 movement at Nov. 2011was the greatest price crash-down ever, while the same movement today can't even allow a small-time daytrader to take profits(two 0.6% fees = 1.2%*$140=$1.68)
sr. member
Activity: 504
Merit: 250
...
History likes to repeat itself?

You are using completely different units for them.

The timeframe is the same.

The concept "sucker rally" was invented for those placing bets on the bounce back in 1926. That name was of course first used after black Thursday three years later.

I'm joining the church of Adam from here on!
legendary
Activity: 1106
Merit: 1001
...
History likes to repeat itself?

You are using completely different units for them.

The timeframe is the same.

Yes, and both years start with the number 2 (2011-2013) sell all the bitcoins!!!
full member
Activity: 168
Merit: 100
hero member
Activity: 784
Merit: 1000
...
History likes to repeat itself?

You are using completely different units for them.

The timeframe is the same.

I meant the percentage of growth in the first one is outrageous, while that of the second one is much smaller. And either by absolute or relative growth it's the auto-adjustment of bitcoinchart that gives them green candles roughly the same length.
hero member
Activity: 607
Merit: 500
...
History likes to repeat itself?

You are using completely different units for them.

The timeframe is the same.

Yep, both are 2 hour charts, 10 days.
hero member
Activity: 614
Merit: 500
...
History likes to repeat itself?

You are using completely different units for them.

The timeframe is the same.
hero member
Activity: 784
Merit: 1000


History likes to repeat itself?

You are using completely different units for them.
member
Activity: 112
Merit: 10


History likes to repeat itself?

nah, btc 2011 and today is not really the same,
I don't see a comparable top in (near) future ...
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k


History likes to repeat itself?

If you look hard enough, you can see patterns in anything

member
Activity: 112
Merit: 10
$/BTC-ratio down to 140 and btc-china stuck to 950 cyn ... Roll Eyes
full member
Activity: 226
Merit: 100
Closing in on 3 minutes of lag, countdown until MTGOX goes offline again, I sure am glad they left a message on facebook though, that was really helpful
hero member
Activity: 607
Merit: 500


History likes to repeat itself?
member
Activity: 112
Merit: 10

I agree, the hourly SMA 200 has not catched up yet.

yes, putting buy-orders close to SMA 200 is a good way to enter a position ...
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